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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.

GOLD – 1633 $/oz – a line in the sand – 26.02.2020

As in the title. Gold, which was usually negatively correlated with the SP500, has recently changed its style a little and is...

S&P500 – time for a corono-correction? 24.02.2020

For a few weeks there have been unconfirmed rumors that the SP500 is going to fall… ;) I myself was in the...

Scalping on a Range Bar chart using Bollinger, MACD and SD zones – a...

A Range Bar Chart (RB) is a specific chart that depends on the price change and is independent of the time...

AUDUSD – inside bar on the 11-years minimum

The beginning of the year is not a successful one for the Australian dollar. Since December 30th it has lost to the...

AUDUSD – will MACD validate the bullish engulfing pattern? 04.02.2020

AUDUSD has been moving in a downward trend for over two years and has lost over 1400p since 21.01.2018. On Monday the...

S&P500 – bearish engulfing heralds declines 03.02.2020

Last week I analysed the situation on the S&P500 index indicating the possibility of further declines after closing the bearish gap. The...

S&P500 – filling the bearish gap gives a signal for declines? – 30.01.2020

The S&P500 index, after many weeks of almost uninterrupted growth and the setting up successive ATHs, stopped at 3338. The...

GBPUSD – pair leaves bearish engulfing pattern – 28.01.2020

Since the beginning of the year the GBPUSD pair has been moving in a very unpredictable, even chaotic way. Last Friday we...

USDJPY – a setup for the patient – 23.01.2020

USDJPY has been moving in an upward trend since September last year. After reaching the S/R 109.68 level, it turned several times to...

GBPUSD – on the edge…data driven? 20.01.2020

I wrote about the GBPUSD pair exactly a week ago, suspecting that a familiar Head and Shoulders formation had formed on the...

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