anilmangal

UNDERSTANDING WAVE ANALYSIS , WHY,WHERE,WHEN!

FX:USDCAD   U.S. Dollar/Canadian Dollar
9190 32 280
Hi Guys, I am posting this USDCAD             chart to show how wave analysis works. If you have been in any of my webinars you would know why I am ONLY looking for sells in the USDCAD             chart. If you still don't get it well sorry not my fault. Yes a "fellow" said I got is all wrong, LOL. When the daily analysis says it will go down because you are in a daily correction, it could take weeks and months in the correction before the next impulse down. Can anyone predict the end of a correction ,yes, sometimes you get it to the pip, but sometimes the correction becomes more complex and NO ONE can predict that and you don't have to. All you need to do is find a sell set up and sell!! eventually one of these sell setup will fall like a rock! While you are at it selling you still make good profit as you can see more then 2 to 1, but when you get the final sell and it falls you will double your account!!
I don't have a crystal ball, I do analysis and yes sometime I do see a fall way before it happened, but I don't sell until I get the setup to do so! I posted charts that says wait for a sell/buy setup that never happened , sure, but then you are not in the trade. We will all do the comunity a good if we post our views even if it the opposite of another trader's view. If I see a view I strongly disagree with, then I share my view, let traders choose.
WHY SELL- because of daily correction
WHERE TO SELL- At the top of correction
WHEN TO SELL- When you have a setup to do so.
I will repeat this every time and yes some I will lose.
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
thanks alot Mr. anilmangal for every think you do it you are good
+5 Reply
You are awesome, and I know you don't let trolls get to you. I hope that it remains that way, because we apreciate your service to the community and to our education. Please keep it up, and again, I sincerely hope you do not let negative comments affect you, lest we lose you!

Thanks for your work!!
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thanx sir ...The difference will not become sour friendliness...Thanks for helping us
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Thank you Anil.
I'm getting a completely different perspective from your analysis.
Much appreciated
Steve
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You're doing a great job Anil, thank you very much for the lessons!
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After 4 times divergence the price should reach yellow trend line
https://www.tradingview.com/chart/azjKBIkO/
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You are so generous to give your knowledge and experience to everyone.
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Thank you Anil ,your hard work is very much appreciated.
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I can't look at charts without trying to find a wave pattern even when there are none lol. Thanks for your education.
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Been doing well on these cad sells. Structure, structure, structure! Thank You Anil!
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Thanks
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Makes sense. Thanks Anil
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Thanks Anil, you are doing a great job. keep it that way and don't let negative comments get to you
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You just sell trendline breaks?
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Thanks, Anil. Is there a current Sell on USD/CAD? I am short at 1.34 :(
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sir thank you
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''The money is made between the lines''
Once again Mr. Anil just carved out a goldmine explaining ''USDCAD'' structure. Thank you for your timeless knowledge....
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thx for your nice work ...thumbs up
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where to put the SL
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Now this pair is pullback? What happen next @anilmangal
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@mrhimsly, well if the pullback scared you then trading is not your thing,
snapshot
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mrhimsly anilmangal
@anilmangal, Okay thank you Anil. It's give more psychological effect.
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Anil, I would like to thank you for all the work you do here! The way on how you bring the educational concept regarding Elliot Wave is outstanding. The vast majority of traders here are thinking of only how to make some dollars selling signals
or some "educational" templates which will never teach a person on how to trade and you will forever rely on someone's ideas. Your method is more like: "Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime". The whole contribution you give on TradingView is enormous and I wish you stay here for a long time!
+3 Reply
VolcyWaveIntlx PRO ukrapidexchange
@ukrapidexchange, Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime
I will forever be grateful for his help.

Thanks Anil
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Thanks Mr. Anil
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Great Mr. anilmangal,
It's easy when you do it, but when I try to look at the charts it's hard, I lost in the charts.
I know you are so busy , but if you, accidentally, see my comment can you please tell me is it good what i'm doing?
Thank you so much! I salute you!
This is my foresight about USDCAD , is it possible?
snapshot

+2 Reply
Kumail AntonioM
@AntonioM, Check out Anil's weekly outlook webinars (they are posted on YouTube, under Anil Mangal). He speaks about this a couple of times, and although I don't know much about counting waves and numbers yet, your view is similar to his. The 1-5 in blue you have on your chart, is the impulse down, and we are in correction now. The next big impulse is coming (your big arrows down), but only after the complex correction that is happening now.

That's why selling (when you have a sell setup) at the top of a correction is what Anil is saying, is because one of those movements will be the start of the impulse down.

At least, this is my understanding of what Anil has said so far.
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@AntonioM, not how i see the count but the bigger direction is correct.
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AntonioM anilmangal
@anilmangal, thank you so much for replying me.
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YAAASSSS... So i was right :) I looks for triangles (breakouts) and it looks like you do too.
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Thanks for allowing us to study your charts, they are very helpful. would you care to comment on my chart, its a combination of both wave and harmonic analysis
snapshot
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Thanks for the insight and chart, too.
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