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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.

EUR/GBP – the vision of hard Brexit weakens the pound

  On Sunday at midnight, another theoretical deadline for concluding negotiations on a new trade agreement with the United Kingdom has passed. There have been...

EURAUD – a Head & Shoulders formation on the daily chart – 22.12.2020

The chart for the EURAUD currency pair has a rather unusual shape. In March, when the global pandemic caused by the covid-19 virus started,...

Canadian dollar vs Japanese Yen – growth very possible – 15.12.2020

Looking at the chart of the history of the CADJPY pair quotations we will notice that the current rate of this pair is 4400p...

EURUSD close to confluence of supports – 10.12.2020

The EURUSD pair, after a period of strong increases ending with a maximum of 1.2176 this year, has started a downward correction between the...

NZDCAD – bearish engulfing on daily chart – 01.12.020

The currency pair NZDCAD (New Zealand dollar to Canadian dollar) has been moving in an upward trend since March this year. In the period...

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...

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