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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.

GBPUSD – Head and Shoulders on pound, will the neck line hold? 12.08.2020

The GBPUSD pair, popularly called the cable, after setting the all-time minimum in March this year at 1.1400, is moving in a strong upward...

GOLD (XAU) – bearish engulfing on the ATH, time for correction – 10.08.2020

The month of July was a record month for GOLD (XAU). The price of this precious metal rose from 1777 to 1982 dollars per...
GBP/USD Daily

GBPUSD – cable needs correction – 03.08.2020

The last session of July brought a fairly significant strengthening of the dollar against the other major world currencies. After a strong upward Thursday,...

EURGBP – target: confluence of support – 28.07.2020

The EURGBP pair has been on an upward trend since early May. When we link the minima and maxima of this trend, an uptrend...

SP500 – bearish engulfing on daily chart – 27.07.2020

S&P500 is a stock exchange index which includes 500 companies with the largest capitalization, listed on the New York Stock Exchange and NASDAQ. These...

NZDUSD – a time for a correction – 23.07.2020

The pair of the New Zealand dollar with the US dollar (NZDUSD) has recently moved in a strong upward trend. In March, as the stock...

GOLD, is this the moment? – 20.07.2020

GOLD, gold... this precious metal is increasingly being considered as an investment to protect our savings against inflation. The money printing used by most...

NZD/CAD – a bearish divergence heralds declines – 15.07.2020

The NZDCAD pair - representing the exchange rate of the New Zealand currency to the Canadian dollar - set last Friday at 0.8950 maximum...

EURNZD – a descending wedge on support – 13.07.2020

Today I have turned my attention to the EURNZD pair - a pair of currencies coming from the opposite ends of the globe. The...

EURGBP – Head and Shoulders heralds declines – 08.07.2020

The EURGBP pair quotations since January 2019 are moving in a not-so-frequently seen chart pattern formed by two diverging trend lines shaped like a...

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