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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.

EURNZD – When the Bearish Engulfing and divergence go hand in hand – 19.06.2019

An interesting situation was created on the EURNZD chart. Yesterday's (18.06.06) daily candle created a Outside Bar - the Bearish Engulfing pattern, covering 4...

OIL.WTI – consolidation in bearish trend – 17.06.2019

OIL.WTI - the price of this raw material, which is necessary in every economy, depends to a large extent on international political and economic...

EUR/NZD – bearish engulfing on channel re-test – 12.06.2019

EURNZD - Since April this year the quotations have been moving in the growth channel, reaching the maximum level of 1.7195 on 23.05. The...

USDCAD – possible Long Squeeze – 10.06.2019

USDCAD - On this pair, highly sensitive to D. Trump's tweets and the state of negotiations concerning the new NAFTA trade agreement (North American...

“When Theory meets Practice.” – Week 23rd – 07.06.2019

Let's make a summary of the passing week (23rd/2019) analyses. This week I was interested in two pairs - one currency (AUDUSD) and one...

SILVER – Will the correction be continued? – 06.06.2019

SILVER 06.06.2019 - possible continuation of growth? SILVER after reaching the maximum level of 16.21 $/oz in February this year was systematically losing its value...

AUDUSD – invites you for a cup of coffee – 03.06.2019

This year is not very favorable for the Australian dollar and in fact since the beginning of February this year its value against USD...

“When Theory meets Practice” – week 22nd – 31.05.2019

GOLD - a precious metal, known to mankind since when the Egyptians in 3600 BC possessed the ability to smelter this precious metal. Why...

GOLD – breaks out from descending wedge – 30.05.2019

Gold, like the Swiss Franc (CHF) or Japanese Yen (JPY), is one of the safe heaven instruments that are willingly bought when the financial...

GBPNZD – Inside Bar in bearish trend – 28.05.2019

GBPNZD - an instrument with quite high volatility in comparison with other currency pairs, there are daily candles with a range exceeding 400p. Since...

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