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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.

NZDUSD – outside bar on the top of the year – 24.11.2020

The New Zealand dollar in relation to the US dollar (NZD/USD) set the minimum on 15 March this year at 0.5470. Since then, it...

GBPNZD – Inside bar on a support of the triangle – 23.11.2020

In coming week we expect to see the results of many months of negotiations between UK and EU with a view to concluding a...

AUDNZD – a chance for a correction – 16.11.2020

For the second consecutive Monday we had a short period of volatility on the charts, the reason: another pharmaceutical company - Moderna - reported...

USDCAD – a chance for a bullish correction – 11.11.2020

On Monday, information appeared about an effective vaccine for covid-19. Pfizer reported that tests carried out on the new vaccine indicate 90% effectiveness and...

AUDCAD – two bullish outside bars in a row – 04.11.2020

AUDCAD - As in the title: the first bullish outside bar appeared on 21.10. The breakout from this two-candle formation was confirmed by the...

USDJPY – bullish engulfing on daily chart – 01.11.2020

Since the end of March the USDJPY pair has been moving in a downward trend, but not a strong one. After several days of declines...

EURAUD – bullish engulfing patterns on H4 and D1 – 28.10.2020

In October, the EURAUD currency pair has already been subject to my analysis 3 times. The last one can be read here: EURAUD –...

EURAUD – Head and Shoulders, Inside Bar – 26.10.2020

A week ago (20.10) the price of the EURAUD pair set the maximum of this month at 1.6828. The quotation on the following day...

AUDUSD – bullish engulfing on H4 – 21.10.2020

The Australian dollar was already the subject of my analysis this week -" EURAUD - 4 months in consolidation - 19.10.2020" I have already...

EURAUD – consolidation already takes 4 months, time to breakout ? – 20.10.2020

On Mondays I usually start my analysis with weekly charts and if something catches my eye, I move on to lower intervals looking for...

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