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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.

Summary of the week – 27/10/18

In the past week I published three analyzes, so let's see how the market verified them, whether we were able to predict the future...

USDJPY – on the trend line – 25/10/18

USDJPY - moves in a bullish trend since first days of March. At the beginning of this month, the pair established a maximum at...

GBPCHF – retest of triangle S/R level – 24/10/18

GBPCHF - most recently when I wrote about this pair "GBPCHF – reaction to resistance. Time for correction?" , I hoped for further declines...

NZDUSD – triple divergence on the daily chart – 22/10/18

NZDUSD - from April this year moves in a downward trend and during this time quotations dropped by nearly 1000p. On Friday the price...

Analysis for Newbies: GBPUSD – return to support at 1.3050 opens the way for...

The GBPUSD was falling during yesterday's session. As can be seen in the daily chart below, the sellers managed to push back the price...

GBPAUD – Head and Shoulders under construction – 17/10/18

GBPAUD a Head and Shoulders under construction GBPAUD - the pair has been moving quite dynamically since the beginning of August. Last week, the maximum...

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 Range of price...

Trading Based On EMA144

Moving averages are one of the most often used indicators available to traders. What average should we choose when we have in principle their infinite...

Analysis for Newbies: EUR/GBP – influence of politics – 16/10/18

Pound quotes have been shaken by news and rumours about Brexit negotiations for a long time. Many of them are not confirmed. However, from...

GBPCHF – Inside Bar and bearish engulfing – 15/10/18

GBPCHF - The pair from mid-April this year moved in a bearish channel, which resistance and support were fairly well respected. At the end...

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