FX:USDJPY   U.S. Dollar/Japanese Yen
27015 92 420
Hi Guys, this looks like a nice short term sell setup.


Trade with care
Thank you for your support.
Comment: A complex Bwave not a change of direction as yet
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Comment: This break out maybe not be long lived , better to wait for a bigger correction .
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Training : add to skype mangal457
yup thank you so much for sharing and confirming my idea i am just waiting for a breakout now to sell good luck and god bless u .....
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thank you Anil
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@anilmangal ... mate I'm holding short... Just unsure how far it will go... Ive been waiting 109ish for awhile now ;o/
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I'm in this trade from the bottom of the flag. Still holding. Sold too soon.
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waheed32 stevecosner
@stevecosner, better luck bro ... USD is climbing .. by JPY is falling you still have a chance if in.
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stevecosner waheed32
@waheed32, Was a great setup and we got some good price action on the 4H last night but I got stopped out over night.
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Take a loot at AUDUSD, very similar pattern, would you agree? If they both go south, AUDJPY could go for a ride.
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Impulse and then flag. Good set up. Thanks, Anil!
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Sir, ive looked meny of your charts, and I only see you writing ABC and never 12345, why is that?
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Great setup as usual, Anil. Where do you see this structure going?
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talk a holiday plz
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I Agree!
USDJPY 4H
+2 Reply
Hey))) boss, i am in this sell))
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@suncitysy, happy 8th of march to you !
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suncitysy PRO anilmangal
@anilmangal, thank you Anil, you awesome!)))
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...possible change of structure?
+6 Reply
Agreed
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javiertu CuongTran87
@CuongTran87, now we know...Like Anil says.. "trust your own analysis"..
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CuongTran87 javiertu
@javiertu, what you mean ?
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javiertu CuongTran87
@CuongTran87, never mind, It was to late in here when I replied to you. I am sorry for attracting your attention without reason
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CuongTran87 javiertu
@javiertu, no worries
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I appreciate the feedback, I am working on becoming better on my waves analysis but the more I know the more I realize I have to learn.. anyway.. exciting!
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I dont think its sell set up , the trade is already breakout the line and confirmed to be going up :)
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javiertu AbodeaAlkin
@AbodeaAlkin, I agree. That is why I asked before if there was any change of structure expected. Now I know.. Like Anil says, "trust no one but yourself".
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Yep, USD seems to lose some steam lately!
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@anilmangal Can you please share When there is a good entry in EurNZD trade. It will be appreciated .
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my 2 cent, Japanese economy has been surprisingly good recently, but still US obligation are around 118 points. Gambling on this one.
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javiertu Zohaib_Malik
@Zohaib_Malik, I thought you were wrong... but it looks your analysis looks like you were right...
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blitzerowy Zohaib_Malik
@Zohaib_Malik, Going back to 118 like minister of Japanes saids. Go for long.
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Zohaib_Malik blitzerowy
@blitzerowy, I don't know what Japanes said. It still looks correct to me. Breaking the top then I will look for sell setups
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hao.deng.m Zohaib_Malik
@Zohaib_Malik, you are right, it is a buy setup in fact for short time.
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it's likely forming a flag !!!!
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You mean the rate hike triggered rally is almost done?
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Thank you , Anil .
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...any change of structure?
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we both have two different trading strategies. but i can say we both understand structure :)
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Correct sense of direction, but not the best pair to short.
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Thank you Mr Anil for the update a couple of hrs ago on this currency
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Amazing
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It has to close the gap long at 115.047 before it does anything... finding 114.900 very hard to break!!!
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JohnLe gaptraderhq
@gaptraderhq, broken
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@JohnLe, Yep... closed the Gap & fell... easy $$$
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I just love your analysis Anil. Thank you
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When it will go down?
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@Neslos, who knows) Even Anil can be wrong
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Neslos NazarNiyazov
@NazarNiyazov, You have right, but he is good at trading:-))
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javiertu NazarNiyazov
@NazarNiyazov, either Anil is amazingly sure this pair is going up or he was completely wrong
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javiertu javiertu
@javiertu, -down-
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it seems like it is happening now...
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USDJPY is The same DXY ... will run subwave 3 for bullish
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javiertu rocky05.ra
@rocky05.ra, agree
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Actually, USDJPY has been bullish since we've got a flat pattern in wave (ii)
USDJPY - flat pattern
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anilmangal TOP IgnatBorisenko
@IgnatBorisenko, Never start your comment with "Actually" because it sounds like you are correct. Try "maybe it's " as an alternative. I like the fact that you are learning EW but you are having the same problem I had when I started , you don't know how to filter out "a wave" Once I found out how to do that, it changes everything . most times where you see 5 waves it is only 3.
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@anilmangal, well... I think you should look at a dictionary to find out a definition of "actually". Also, I'm not a beginner, I've been trading with EW since 2004. and... I never see your wave counts, by the way.
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quql PRO IgnatBorisenko
@IgnatBorisenko, brilliant counting as always , thanx for sharing your vision , Instrument just go your way !
@anilmangal from time to time shows his counting - Bill Williams way to filter waves
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anil...this is not troll and ive been following you for a while and love your style of trading....you mentioned in your webinar that you guys are shorting AUD/USD...buying USD...

why on this chart are you selling USD?......this 2 pairs are in negative correlation...is it not so?




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anilmangal TOP operator88
@operator88, There is nothing like correlation in the currency market , since every economy is independent of the other. Yen could be stronger than USD while at the same time USD is stronger than AUD! This is the alphabet of Forex trading so if you truly want to understand wave analysis you must know this.
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arshadd anilmangal
@anilmangal, why are you misleading the people
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MacGuy93 arshadd
@arshadd, He is not. Look at the charts, compare any two XXX/USD pairs, and you will see at time's the two pairs move in the same direction and at time opposite direction, no correlation, random.
Do you know what an index is ? Do you know the point of the US Dollar & DXF Index ?

If every XXX/USD moved in the same direction there would be no point in having an index because all the pairs would be correlated, which does not exist in forex.
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javiertu MacGuy93
@MacGuy93, you are right! I appreciate your input. But man, be careful how you say things or this website moderators will cancel your account and your comments.
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This is must watch video if you want to understand why wave analysis is the way to go ! https://www.youtube.com/watch?v=wkI0y43EqHI
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operator88 anilmangal
thanks for the link Anil...I learn a lot from your webinar...will join your group one day! Keep up the good work and ignore the trolls! LOL
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SRtrading anilmangal
@anilmangal, dear Sir: the link didn't work
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@SRtrading, https://www.youtube.com/watch?v=wkI0y43EqHI
+1 Reply
@SRtrading, try copy and paste in your browser
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@anilmangal, not working for either, though
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puretradelife PRO puretradelife
@puretradelife, the message is 'unusual traffic, try again later', perhaps to many watching it?
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NazarNiyazov anilmangal
@anilmangal, when I copy+paste it's opening another video) thats funny bcz video name is "Fractals The Hidden Dimension HD 1080p Nova"

and when I straight clicking on your link it says that : We registered suspicious traffic coming from your network. Please try again later.
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moe2103 NazarNiyazov
@NazarNiyazov, I get the same.
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forex0821 moe2103
@moe2103, I think is now working https://youtu.be/wkI0y43EqHI
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why don't you comment "stopped out" instead of misguiding new traders..
+4 Reply
javiertu arshadd
@arshadd, I understand how you feel. He kept saying for weeks something different. He won't apologize, and he can't do anything because at the end of the day you are the one who makes click with the mouse to go short or long. SO my friend, study, learn a lot so we don't have to listen BS from people who mislead others...
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arshadd javiertu
@javiertu, i know but i want to let the new traders know the facts..
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You think Down or up ??? Ty
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hi Guys, for those of you asking how to join my live webinar ,the link is in my profile ,click on my name and register. We will talk about fractal and how it proves the wave theory . Hope all of you watch the video.
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Hey Anil, what do you think?>
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Excellent short Anil already in profits
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javiertu JohnLe
@JohnLe, Agree. He is amazing !
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Hi All! I am in the short side (114,73) i missed the 1 hour flag break (114.90) but today gives the market 15min flag. I think is a good risk reward 1:3. Today is a FOMC day maybe this give us a good impulse to the downside. Only time will tell :)
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The most amazing charts. Thank you !
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Agreed Anil.
The 60 minute will soon be pulling back, so I'll wait until this is completed before I entre.
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@anilmangal when you say look for a flag can you please show what a flag set up looks like please?
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anilmangal TOP bacciocchi
@bacciocchi, if you don't know what a flag is don't trade flags
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Dib anilmangal
@anilmangal, hey mate, can you please post update for AUDUSD...

thank you
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javiertu bacciocchi
@bacciocchi, my friend look into the Elliot Wave Principle book. There are also a lot of videos on youtube that explain nicely about these flags. My two cents. Cheers, happy trading!
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@javiertu, all he has to do is google it .
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Thanks maestro
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Anil, I just wanted to say thank you, not for this awesome single trade, but everything you do on this site and on you tube......... for free! I have spent an obscene amount of money this year being taught how to 'trade properly' and being told to click their robots and over time you will be up! for over 12 months now, I have spent 10 hrs a day looking at charts, I have been constantly trying to point out the patterns/structures you trade to my tutors only to be told carts are all random and although things look the same they are not, Elliot wave, harmonic patterns and such like don't work you will loose a lot of money if you keep looking at them, be safe, click our robots!! Then by complete accident I have found your pages! YOU have confirmed it all to me, and hopefully over the next few weeks, I can now make some sense of what I was seeing. I will be taking your course as soon as I have put a few coins back in the coffers. I just wish I had found you and your knowledge 18 months ago. By the way I love the way you handle your Trolls.
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Hey Anil, can you please provide us your update on USDJPY, it making now a nice flag for SELL setup , `Thank you
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I guess no more updates on this pair?
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