anilmangal

GBPCHF the next BIG TRADE!!

FX:GBPCHF   British Pound/Swiss Franc
11231 90 199
a year ago
If this proved to be an ending diagonal this would be an amazing trade.

Trade with care.
a year ago
Comment: https://join.me/FREEtvwebinar link for a free webinar this Friday (18/12/15) 9 am New York time. We will look at Support & Resistance and why you should never use it! http://www.youtube.com/watch?v=hINNoIJ8RIs
a year ago
Comment: Reminder : https://join.me/FREEtvwebinar link for a free webinar this Friday (18/12/15) 9 am New York time. We will look at Support & Resistance and why you should never use it! http://www.youtube.com/watch?v=hINNoIJ8RIs
Please share it
a year ago
Comment: Starts in an hour
a year ago
Comment: Hi Guys very sorry but i will have to cancel , comp not working and this one is too slow for the webinar
see you next week
a year ago
Comment: Hello traders , join me in my daily webinars which starts in 45 mins (8am London time )
link: https://join.me/FREEtvwebinar
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
Cazzie
a year ago
Anil, Is this pair one of your predictions for 2016 ?
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HiTech PRO
a year ago
thanks for sharing, perhaps near my target it will start going up
GBPCHF THE FALL CONTINUES
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anatoli.russu
a year ago
Would be great if it would be an ending diagonal.
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HiTech PRO anatoli.russu
a year ago
Is is highly probably scenario
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HiTech PRO HiTech
a year ago
I am thinking of this scenario and will be looking for buy opportunity, don't see much of further decline
snapshot
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Piet.Hein
a year ago
Wow, nice point of view, and I do agree, thanks for sharing
+1 Reply
URIFX
a year ago
The beauty of a chart is there....! Thank Anil!
+1 Reply
Anil, thanks for sharing EW counts! It helps a lot for self education to see how Pro counts the waves!
+1 Reply
manoj15
a year ago
HI Anil, it on breakout point can i buy
+1 Reply
MrTD
a year ago
Thanks Anil.. I didn't have this chart open.
Looks like it could be good for 600 pips or more if it goes all the way. :-)
+1 Reply
HiTech PRO
a year ago
quote:
"We will look at Support & Resistance and why you should never use it!"
there is no right or wrong in trading as long as it works, for me support and resistance works just great
+3 Reply
anilmangal TOP HiTech
a year ago
You are absolutely right, use anything that works for you. That is not the point of the webinar. I am still to see a live account of any successful trader who use S&R, maybe you can change that?
+21 Reply
HiTech PRO anilmangal
a year ago
Sure will do shortly, thank you for asking
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HiTech PRO anilmangal
a year ago
and probably to add that my statement is absolutely irrelevant here, if you did not see a successful trader using S and R, it doesn't me there isn't one
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anilmangal TOP HiTech
a year ago
why is it every time a trader says "that works fine for me" they refuse to support is with fact?
+19 Reply
HiTech PRO anilmangal
a year ago
I didn't refuse, I said I will if you read it again
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anilmangal TOP HiTech
a year ago
Well let's quit the bla bla and post the link here . You can check mine on you tube.
+17 Reply
HiTech PRO anilmangal
a year ago
you are being arrogant, not sure why
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anilmangal TOP HiTech
a year ago
LOL you are the one who start this.
"We will look at Support & Resistance and why you should never use it!"
there is no right or wrong in trading as long as it works, for me support and resistance works just great
those are your words, now support it with fact. Show us that it works for you.
+21 Reply
HiTech PRO anilmangal
a year ago
Anil I said I will, but you treated it as bla bla, my words for you worth nothing
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HiTech PRO HiTech
a year ago
its clear that statement is the only valid proof which I will share with public
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anilmangal TOP HiTech
a year ago
We can go on forever with no results so, have a nice weekend.
+17 Reply
HiTech PRO anilmangal
a year ago
cheers, nice weekend for you too
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IRLKori HiTech
a year ago
I was thinkink if I can reply for this conversation. I was looking at your analisys what you were making in the past, some of them worked out very well using S and R but some of them are just way too bad. Anil making less mistakes then you did. I don not want to make more ,fight, but thats the truth. Have a good weekend lads.
+2 Reply
anilmangal TOP IRLKori
a year ago
It's not about whose analysis id better, it's about if you can be successful trading S&R ? if anyone say they can then they should support that with a successful account .
+26 Reply
anilmangal TOP anilmangal
a year ago
correction-if anyone says he* can
+17 Reply
HiTech PRO anilmangal
a year ago
the main point that I was trying to bring on is that your saying that S and R doesn't work is incorrect and misleading, but as always "where is your statement" question is the case. Its the same as saying we are the only in the universe because I haven't see any aliens :)

On forex a lot of trading approacheas work, its people that don't "work" and the psychology is the main factor not a particular approach.
+1 Reply
HiTech PRO HiTech
a year ago
but i guess you will keep on asking for the statement trying to prove your point of view that is not necessary even yours.
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anilmangal TOP HiTech
a year ago
LOL , Aliens? So can't prove that it works for you ,but yet you want to mislead traders!!
+19 Reply
anilmangal TOP HiTech
a year ago
You are n this site for more than 2 years , please show your record? prove me wrong, let everyone see that trading S&R works for you?
+21 Reply
HiTech PRO anilmangal
a year ago
you can follow results based purely on S and R here https://www.zulutrade.com/trader/312315 live satement will be shown later, but its never enough i guess :)
+1 Reply
anilmangal TOP HiTech
a year ago
Are you serious? a demo account!! Ok forget it , if you had the account it would take you less than 5 mins to copy and post . I have better things to do, please don't post unless it's you account.
+20 Reply
HiTech PRO anilmangal
a year ago
Anil you are forgetting that the conversation I've started stating that support and resistance levels can be used. If they exist they can be used, right? So here is the test of my levels that you can follow and see if/how they work. Sorry for posting this last message against your request, but though to finalize it from my side is a good idea.
GBPCHF LEVELS TO WATCH
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Justin17 HiTech
a year ago
Support and resistance may work but the big boys already know we're looking there so I just don't bother. I got hammered too many times.
+1 Reply
Nico.Muselle MOD anilmangal
a year ago
Gentlemen ... Seems like both of you trade different methods and there is no reason why one would be better than the other.
@anilmangal, why don't you show some respect to people trading other methods and please refrain from asking proof (especially proof from a live account) I do not see people asking the same from you. Maybe it would be a good idea to look into S&R so you better understand what it means, and you will find out that unconsciously you are actually using it yourself in your trading method. Either way, there are thousands, if not millions of ways to be profitable in the markets, so EW is definitely not the only one.
PS : if you have anything to add to this, please do so in PM
+3 Reply
anilmangal TOP Nico.Muselle
a year ago
@Nico if you choose to jump into a conversation ,please do yourself a favor and read how it started. As to showing respect? seriously, you are the one making accusation not me, so you should use your own advice!
+24 Reply
anilmangal TOP Nico.Muselle
a year ago
If you wish to see my account it is on you tube and i have posted the link here in many charts.
+18 Reply
Nico.Muselle MOD anilmangal
a year ago
The name in the account statement is obscured ... so it could be anyone's account. So that's no proof at all. Furthermore, nobody asked you to provide proof. You are the one asking proof from other people because for you there is only one trading method apparently.
Another thing, I did read the whole conversation and the only thing I can see is you saying that you still have to see the first trader being profitable using S&R. I know a couple of them actually that are very successful trading support and resistance for quite some time and they post all their trades for transparency. :)
And lastly, I am not attacking you, I'm just asking you to show respect towards people who trade different system.
+11 Reply
anilmangal TOP Nico.Muselle
a year ago
Firstly you come on and make personal attack (no one was making personal attack here, you started calling me disrespectful ) Admin should take not of this ! Second just like you say you know many who trade S&R but some how no one can show proof, all just hearsay. I know people who can walk on water too, would you believe it or do you need proof? As to the account I trade if you watch the video you would know it is a client account i trade , i still have it so here a challenge for you, i will show you it live ,take trades on it while you watch , if you post your account here.
+21 Reply
TAtrader anilmangal
a year ago
Hello Anil, we know you are a boss. :) I like your analysis and have improved my EW knowledge somewhat. Now I use it together with S&R levels. You cannot use S&R levels alone, but it works depending on the time frame, trade in/against the trend etc.. Take a look at Daily Silver for example.
snapshot
+1 Reply
Nico.Muselle MOD anilmangal
a year ago
There's a very big difference Anil between a personal attack and a request to show respect to traders who trade different systems. If you cannot make that difference I am sorry for you. You however said that HiTech is misleading traders by using S&R, that imho IS a personal attack.
I did not say I know MANY traders who trade S&R profitably, I said I know a couple and I personally have seen proof of it as they post their trades with entry/profit target and stop loss before the facts.
Next, I do not wish to see your account information as I respect your privacy, and I request you to do the same towards ALL users in TradingView, not just me. Only the tax authorities are allowed to request that proof.
+5 Reply
anilmangal TOP Nico.Muselle
a year ago
Hi Nico , if i ask you to not be a fool , is that a request or I am insinuating that you are a fool?
+18 Reply
Nico.Muselle MOD anilmangal
a year ago
If I ask you to show respect towards other trading methods, is that a request or an attack ?
+5 Reply
anilmangal TOP Nico.Muselle
a year ago
you only ask people to show respect if you decide they are been disrespectful my friend!
+16 Reply
Nico.Muselle MOD anilmangal
a year ago
Indeed, and I decided that this is disrespectful :
anilmangal TOP 3 hours ago
LOL , Aliens? So can't prove that it works for you ,but yet you want to mislead traders!!
+2 Reply
anilmangal TOP Nico.Muselle
a year ago
which part of that is disrespectful?
+16 Reply
Nico.Muselle MOD anilmangal
a year ago
Just because he did not immediately post the link to his live account at your request, does not mean he is misleading anyone. Thats an attack of character thats unwarranted and that's a violation of our house rules Anil. They hold for you just as they hold for any other member of this platform, you are not above them.
It is simply not allowed and I have every right to point that out to you. If you want to verify the house rules, you can find a link at the bottom of this page.
+4 Reply
anilmangal TOP Nico.Muselle
a year ago
If he says it work for him "just great" and then turn the conversation to aliens, that sound misleading to me ? or are you biased for some specific reason?
+16 Reply
Nico.Muselle MOD anilmangal
a year ago
You are actually breaking the following 4 rules:
(1) "No personal attacks"
(2) "Respect other members even if you disagree"
(3) "Dont openly argue with moderators"
(4) "Don't directly or indirectly mock or misrepresent other ideas or analysis"
And ... I am ignoring the ongoing spamming of links to your webinars for now, or I could count 5 violations

As I stated in my very first request, any further addition to this only via PM. Thank you.
+6 Reply
anilmangal TOP Nico.Muselle
a year ago
you came on called me disrespectful OPENLY then ask that I pm you , why didn't you PM me if you thought i broke a rule?
+22 Reply
Nico.Muselle MOD anilmangal
a year ago
My comment had relevance to both you and HiTech and other readers or your ideas. Hence it was made public. It is my role as a moderator to point out that this was a needless discussion and that we request from our users to respect other trading styles even if we disagree with them (whether they are profitable or not are totally irrelevant here).
I added that if you had further questions or additions on the topic that you could send them to me in a private message because I did not want to ignore or disregard your eventual input, idem dito for HiTech. This was addressed to the both of you.
+4 Reply
NidalDarawsheh PRO anilmangal
a year ago
wow I just read the conversation now, heated one, I have great respect for both Hitech and Anil trading methods, I am not commenting on that, I just sometimes wonder if this a real social network for trader were people resolve such issues with likes and dislike,for me this more like a forum were Mods interfere with every thing !!!!!
+1 Reply
tarmmyy PRO Nico.Muselle
a year ago
Hi All
Just to add my 2-bit here.
Could you please explain to me why someone would take the time to enter into lengthy contentious argument if there is no mutual respect? Mr HiTech why don’t you just leave Anil to his criticisms of any technical analysis he chooses. From what I can gather he was criticising the use S/R technical analyses; he was not criticising anyone in particular.
Mr HiTech decided to defend all traders who use SR - which was wrong as everyone uses it differently. If you do not agree with Anil's analysis why not just leave him to his ignorance. Should he need enlightenment regarding SR I am sure he will look for it himself. The people who follow Anil want to trade the way he does because they believe he is a successful trader. As for moderation, I believe it was poorly handled. This could have been nipped in the bud before it got so messy and become a public issue. It's like chastising a child in front of his friends. By the way this is not intended as an argument with the moderator :) I am just saying this could have been handled better. And maybe this calls for a review of the house rules.
+4 Reply
leharman PRO tarmmyy
a year ago
I am with you Tarmmyy!
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morshedul.sazid anilmangal
a year ago
Hey Anil! I know a trader how trades with SR :) and is profitable. I think you know about him. If you have time check the link, Thanks
https://www.youtube.com/watch?v=iSuJuhdrljI
+3 Reply
morshedul.sazid morshedul.sazid
a year ago
who* Trades
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IvanLabrie morshedul.sazid
a year ago
We all trade 'lines', like Van Tharp says...you have to believe in your own lines and validate that they work for you, and find your edge with them.
Trying to be better than someone else, or claiming it, isn't relevant to your own success as a trader.
Some methods are more effective than others and it can be tested and verified though. For that, you need very specific rules, and an objective and repeatable methodology.

Anil should post more ideas with entry, exit and stop loss, same for all the others. If not, it's vague.
My 2 cents.
+5 Reply
anilmangal TOP IvanLabrie
a year ago
Ivan please, do you really want to go down that road? I don't trade lines so your assumption is wrong
+5 Reply
G_Man anilmangal
a year ago
look at your chart, and the lines that define your ranges/your breakout levels, the shape of an ED, wedges etc... you trade lines, that's not an assumption but something you have demonstrated

+2 Reply
anilmangal TOP G_Man
a year ago
LOL , let me repeat I do not trade lines . If you are ignorant of my trading method please don't make assumption ! I trade wave patterns. Now please let's just leave it here unless some one has real prof.
+5 Reply
G_Man anilmangal
a year ago
- just the fact that there are lines on your chart to help you visualise, to me that means that you trade with lines, you trade lines, you use lines in your trading. The significance you place on the lines may be minimal, but they exist as part of your trading, sorry to be pedantic but your defensiveness makes not sense to me it's just wasted energy :) gl
+2 Reply
G_Man G_Man
a year ago
I agree, sorry to chime in to be honest, I follow you and was getting frustrated reading this argument which seems kind of pointless, I have nothing more to add, gl
+2 Reply
G_Man G_Man
a year ago
*I meant - I agree to leave it here ;)
+1 Reply
IvanLabrie anilmangal
a year ago
No, I made no assumption, you can listen to this podcast to know what I mean: http://bettersystemtrader.com/024-van-tharp/

(It's good for everyone to listen to it)

Lines, refers to the concept that we build our own constructs, patterns to interpret what the chart means, and that we can't 100% objectively prove they are universal or superior to other methods, by definition, or that they are 'real'. This is also covered in George Soros' book "Alchemy of finance" which I'm sure you know is a good read.

I meant that there is no point in arguing over such things, as S&R, etc. and that each has to find their own edge. You have it with your modified EW principle and your own trading rules, others might find an edge in looking at the constellations. If it works for them, who cares?

Cheers.
+5 Reply
anilmangal TOP IvanLabrie
a year ago
I assume you can read Ivan ! No one is talking about what is superior so don't change the conversation , I said "I don't know a single trader who trades S&R and has a live account to proves it works" now unless anyone of you have a real live account to prove it let's just leave it .
+4 Reply
anilmangal TOP morshedul.sazid
a year ago
Hi Morshedul, please read , SHOW ME A LIVE ACCOUNT. not an equity curve on how many pips you made ! As a matter of fact , serious trader ROR by % of account and not same hand made pips curve! The same challenge remains to any of you following a certain traders who choses to attack me here and in private (had to block a couple accounts on skype after I showed my live account.) SHOW ME A LIVE ACCOUNT .
+6 Reply
anilmangal TOP anilmangal
a year ago
CORRECTION: serious show* ROR, and not some* hand drawn equity curve
+3 Reply
IvanLabrie anilmangal
a year ago
No one needs to show live accounts if the trades here are documentes with entry, exit and stop...I wouldn't share my information to the world, it might not be safe to do that, specially if you tell your location in your profile.
+4 Reply
anilmangal TOP IvanLabrie
a year ago
ONLY a live account proves you are a successful trader! anything else ........
+3 Reply
morshedul.sazid IvanLabrie
a year ago
Sorry! Anil, Not attacking you by any means. Not at all. Just shared something which I have been following over a year. They have been in the markets for years, teaching a lot of traders like you do. Obviously there is something called 'secret; which they would like to keep to them. I am not a member of trading empowered by any chance. Not a student even. Just followed them on youtube and got that result. The reason i shared because, there are so many testimonials, which I have seen who have been successful.. :) No offence man!
+2 Reply
chimpsky PRO Nico.Muselle
a year ago
How can he respect it if he says they don't exist. If you don't believe in something you give your reasons and i think his reasoning look pretty good to me (his webinars where he randomly puts horizontal lines without seeing any data and the way prices comes back to these levels is good enough proof )
+3 Reply
Adriese PRO anilmangal
a year ago
Wow, I saw that account on youtube and wow it's a live account, you go dude your strategy rules!!!
+5 Reply
puretradelife PRO Nico.Muselle
a year ago
I read the book of Pretcher, hes in the Hall of Fame as one of the best traders: there is one on that mentioned from Nico and HiTech? :)
+2 Reply
HiTech PRO anilmangal
a year ago
As promised here it is http://www.myfxbook.com/members/hitech/hitechforex/1480746
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johan.verm
a year ago
Have a nice weekend Anil...
+2 Reply
bekirdur PRO
a year ago
Anil what does MACD say for the future of this diagonal structure? Thanks for the work btw. You are sharing your hard earned experience for everyone's good. I appreciate it.
+1 Reply
TAtrader
a year ago
Btw, I think it is all about the fact nobody will ever get it 100%, because we are all human and I think nature is a lot bigger than we expect and can imagine.
+4 Reply
Looks like it has closed out of the triangle...so it must be going down...
+1 Reply
afrodizz.01
a year ago
Hi anilmagal, the weekly candle closed below the support line, therefore i guess the bullish setup is invalited? Happy Holidays.
+1 Reply
Victor.Y.F
a year ago
Nice chart Anil! I will never trade CHF again because in Jan. 2015 Swiss central bank lost their trust from many people and caused FXCM crashing.
+1 Reply
muneeshclt
a year ago
please guys dont make a fight in this web. i am a follower of ani and i am sure he is right, if any one else feel you r right then you please go one with your idea, do it, u will become rich, but please please dont make a fight and dont make fight to make difficult posting ideas in this web. every one can post their idea in this web and then let people decide if its work or not.
+1 Reply
mac019
a year ago
Anil, I have been following you for a while am I am extremely impressed by your trading philosophy. I support you.
+4 Reply
hussain9 PRO
a year ago
Thanks a lot for the great chart Weekly chart : I think we are in the c wave of 4th wave in weekly chart
snapshot


snapshot
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hussain9 PRO
a year ago
snapshot
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hussain9 PRO
a year ago
I think its an ending diagonal of wave c .
+2 Reply
Adriese PRO
a year ago
Nice set-up thanks Anil
+5 Reply
manoj15
a year ago
Hi Anil, can i buy now i have buy positions at 1.4850
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Ani
a year ago
Much respect Anil...sort the Trolls out who can't back their claims up
+7 Reply
Kendy_Sneaker
a year ago
I will always support you
+2 Reply
HiTech PRO
a year ago
As promised here it is http://www.myfxbook.com/members/hitech/hitechforex/1480746
Reply
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