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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.

USDCAD – pipeline XL pumps the CAD

It may seem unbelievable, but Canadian oil on the internal market currently costs … $5 per barrel. There are several reasons for...

GBPNZD – time for a downhill? – 23.03.2020

Today in order to keep borrowing costs low and to ensure credit flows to corporations and state and local governments, the Fed...

When Theory meets Practice – week 12/2020 – Technical approach to volatile markets

Writing Monday's (16.03) analysis I asked myself if, in such changing fundamental conditions, analyzing charts on the basis of Technical Analysis makes...

EURUSD – Head & Shoulders on H1 – 18.03.2020

Recent days have shown that most world currencies are losing against the dollar. This is undoubtedly due to the general sentiment of...

GOLD,USDJPY – technical analysis- does it still work ? 16.03.2020

Looking at the recent strongly volatile quotations on most instruments one could say that analysing charts from the point of view of...

When Theory meets Practice week 10/2020 – when Cash is the King

"May you live in interesting times" - this is (supposedly) an old Chinese saying and it is by no means a wish...

GOLD – time for a correction 10.03.2020

The last time I wrote about GOLD was on 26.02, when I expected the declines, which actually took place but did not...

“When theory meets practice” – week 09/2020

The event of the past week was undoubtedly a 50pb interest rate cut by the FED. This decision was surprising because it...

AUDUSD – Antipodes – time for reactivation ? – – 04.03.2020

AUDUSD has been moving in the downward channel for over two years. During this time the value of the Australian dollar...

USDJPY – Bearish engulfing on monthly chart – 03.03.2020

February 2020 is over, the monthly candle has closed, we can take a closer look at the situation on the monthly chart...

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