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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 – bullish engulfing and false breakout 27.08.2019

The New Zealand dollar has been systematically losing its value in relation to the US dollar since the beginning of the year. The last...

AUDNZD – a breakout from rising wedge – 26.08.2019

AUDNZD 26.08.2015 The AUDNZD pair had quite dynamic drops on Friday. The price after breaking down from the rising wedge returned to it from the...

USDCHF – Outside Bar and bullish divergence – 23.08.2019

On the USDCHF pair (dollar to Swiss franc), yesterday's daily candle engulfed the Tuesday candle, creating the Price Action (Outside Bar) formations. On the...

GBPJPY still in the Inside Bar but broke from the Outside Bar – 19.08.2019

On Friday I analysed the situation on this pair's chart, but I think it's still worth focusing my attention on this instrument, which is...

When Theory Meets Practice – week 32 – 17.08.2019

The passing week was one trading day shorter due to Thursday's holiday, celebrated not only in Europe. I included two analyses, both turned out...

GBPJPY – 2in1 Inside Bar and Outside Bar – 16.08.2019

A very interesting formation has formed on the GBPJPY pair on the daily chart. Tuesday's larger and Wednesday's smaller daily candle formed the Inside...

GBPUSD – a divergence on H4 – 13.08.2019

GBPUSD - the popular "cable" since mid-March this year is in a downward trend and has already lost more than 1350p since it set...

“When Theory meets Practice” (week 31) 10.08.2019

Weekend is good for a summary of the passing week. I compare my analyses (theory) with what the real market (practice) had done on...

USDJPY – bullish engulfing but sentiment still bearish – 07.08.2019

As in the title: on USDJPY a bullish engulfing pattern was formed yesterday on the daily chart, but the behavior of the price and...

GBPUSD – bullish divergence gives hope for a growth correction – 05.08.2019

A week ago I wrote about GBPUSD indicating the breakout from the Inside Bar and the high probability of drops, which occurred as expected...

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