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Dargo

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Since 2010, he has been actively involved in the Forex market up to now. He is a supporter of Price Action and using as few indicators as possible. He believes that the simplicity of the system and consistency in its application is the best way to success in financial markets, and lack of patience is the most frequent cause of failure. Interested in classical systems based on Technical Analysis and in psychology - mechanisms that guide human behavior and conditioning decision making in trading.

NZDCAD – Head and Shoulders completed – time for falls ? 21/01/2019

NZDCAD - last week I described this pair and the emerging Head and Shoulders formation, which just this night was formed and the price...

“When Theory Meets Practice” – 18/01/2019

Definitely, the past week has been marked by a political battle around Brexit and shutdown of the US Government. I like the risk, but...

NZDCAD – a Head and Shoulders formation ? – 17/01/2019

NZDCAD 17/01/2019 A pair of commodity currencies - NZDCAD, largely dependent on exports and prices of raw materials such as oil, iron ore, aluminium and...

Trading with MACD – Webinar on 19th of January at 19:00 GMT

I plan a live webinar on 19th of January for medium advanced traders. All members of our Facebook Group can attend after registering on...

EURNZD – Head and Shoulders formation on H4 chart – 14/01/2019

The EURNZD has been moving in a downward trend since 8 October, when it set a maximum of 1.7920. At the beginning of December,...

When Theory meets Practice – 12/01/2019

The Christmas period is over, the world of finances has returned to work, what we could see on the night of January 3/4, where...

EURUSD – a breakout from consolidation – 10/01/2019

Since mid-October, EURUSD quotations have remained below 1,1500, and on 12.11 set the minimum price of last year at 1,1215. Since then, the price...

HEAD AND SHOULDERS – Price Action Patterns

HEAD AND SHOULDERS (H&S) Usefulness: making a SELL decision Forming time: from several weeks to several months Volume: decreases (detailed description: see description below) Frequency: medium The range of...

DAX30 – PriceAction vs OverBalance – who is right? 07/01/2019

The DAX30 is the most important German stock index. It is the so-called Performance Index, which means that it takes into account not only...

“When Theory meets Practice” – 05/01/2019

The last week of December and the first New Year is usually characterised by low liquidity and short-term consolidation movements. The same would be true...

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