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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 – Three Reasons To Go Long

Today at 5p.m. the president-elect D.Trump had a press conference and failed market expectations regarding the topics that he presented in his speech. The...

AUDNZD -Crawling Out From the Wedge

I expect growth - laboriously but still effectively price is breaking out from a descending wedge and portends further increases. At the H4 chart...

USDJPY -Is It a Double Top Formation ?

As seen on chart H4 the pair USDJPY formed a Double Top formation. Recent Highs from December 15 and January 3 are nearly equal...

AUDNZD in Descending Wedge – Lets Go Long

In the first week of the year we await some important macro events that can strongly move currencies related with USD and EUR. Wednesday's...

Currency Comment – Last Hours Of Crazy 2016

The year 2016 certainly can be called a year of high volatility. Of course, we did not have such spectacular moves as the black...

USDJPY -Bulls Taking Profit ,Bears Return to Market

After nearly 6 weeks of continuous dynamic growth USDJPY began to fall and this week will be probably the second bearish in a row....

Waiting For Short Signal On USDJPY

Pair USDJPY is in strong bullish trend. It's 5 th week of growth. On H4 chart we can see trend line which was rejected...

The Morning Market Overview – RBA Leaves Rates Unchanged

Tuesday's session promises to be rather calm and most important publications will be PMI readings from Canada at 16:00 and the speech of the...

Currency comment – panic on PLN before the decision of S&P

The last weeks were not good for the zloty (PLN). Accumulated are negative factors, both internal and external. As a result, the dollar is...

USDJPY – Is It Time For Correction?

Despite a very strong upward trend, I believe that today's failed attempt to draw new high gives a chance for correction. Growth channel (blue...

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