To set the cursor for your window

            this.Cursor = Cursors.Wait;Cursors.Wait;

for a particular element

            button1.Crsor = Cursors.Wait;Cursors.Wait;

To set for application in full

Mouse.OverrideCursor = Cursors.Wait;
// Mouse.OverrideCursor = null; // to revert the same
  

To get the cursor from resources ... add a hammer.ani file and set compile option as "Resource"

 StreamResourceInfo sri = Application.GetResourceStream(

new Uri("hammer.ani", UriKind.RelativeOrAbsolute));            
            this.Cursor = new Cursor(sri.Stream);