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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.

EURUSD – a breakout from consolidation – 10/01/2019

Since mid-October, EURUSD quotations have remained below 1,1500, and on 12.11 set the minimum price of last year at 1,1215. Since then, the price...

HEAD AND SHOULDERS – Price Action Patterns

HEAD AND SHOULDERS (H&S) Usefulness: making a SELL decision Forming time: from several weeks to several months Volume: decreases (detailed description: see description below) Frequency: medium The range of...

DAX30 – PriceAction vs OverBalance – who is right? 07/01/2019

The DAX30 is the most important German stock index. It is the so-called Performance Index, which means that it takes into account not only...

“When Theory meets Practice” – 05/01/2019

The last week of December and the first New Year is usually characterised by low liquidity and short-term consolidation movements. The same would be true...

OIL.WTI – How long we have to wait ? – 02/01/2019

OIL.WTI - I wrote about it in the analysis from December 26th, when a Price Action growth formation appeared - bullish engulfing or if...

OIL.WTI – will Oil rise from the knees? – 26/12/18

To begin with, a few words explaining where this abbreviation WTI comes from and what it has to do with oil... because, as it...

Price Action Formations – Bearish Engulfing

When trading on the Forex market, we make decisions based on price action. In order to open the appropriate order we look at the...

When Theory meets Practice – 23/12/2018

In the past, pre-holiday week, searching a setup based on the PA + MACD strategy, only one pair seemed interesting to me, fulfilling its...

NZDJPY – divergence indicates a continuation of declines – 20/12/18

NZDJPY - from the beginning of the year, for 10 months, the pair moved in the downward channel. At the beginning of November, the...

“When Theory meets Practice” – summary of the week 10-15/12/2018

This week I published two analyses, both were correct, but it took some time for NZDJPY to reach the target, contrary to AUDCAD which...

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