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Łukasz Nowacki

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Trader since 2010, previously connected with stocks – he started his FX adventure by speculating in internet exchange offices. Propagator of clean chart analysis, self-development, easy strategies and gradual elimination of trading errors. His main motto: “Look for statistical advantages not for Holy Grail”

Analysis for Newbies: USD/CAD Breaks Important Level 22/02

We start the Thursday morning at fairly high levels near yesterday's closing. Virtually all sessions this week show the vast majority of buyers. This...

Analysis for Newbies: EUR/NZD – a Second test of the Channel Support – 20/02

Interesting similarities can be seen on the daily chart of the EUR/NZD pair. Recently, the price has been falling, but the strength of supply,...

USD/JPY – Time for a few-day Correction – 19/02

Daily chart of USDJPY shows that supply dominated last week. If not the Friday session, the sellers would pass a set of 5 bearish...

Analysis for Newbies: EUR/GBP – Another Failed Attempt to Break Out – 19/02

EUR/GBP on the daily frame shows that the price has been moving in a bearish channel since mid-September last year, perfectly and very often...

Analysis for Newbies: AUD/CAD – in a New Uptrend

AUD/CAD moves very technically during last few weeks. We have a clear layout of higher lows and higher highs. This week, the bearish correction...

EUR/USD – Close to Key level on the Monthly Chart – 16/02/2018

EUR/USD starts the Friday morning with increases. If demand keeps even a small profit until closing the day, it will be the sixth consecutive...

Analysis for Newbies: USD/CHF – Below the Previous Low

In the morning of the Thursday session it is worth to look at a pair of USD/CHF. The daily chart shows that the level...

Analysis for Newbies: CHF/JPY – On the 17-month Trend Line

Quotations of CHF/JPY indicate that strong declines have been going on for 8 days. Although the last sessions end with longer lower shadows, which...

GBP/USD – in Bullish Correction 14/02/2018

GBP/USD on the H4 chart indicate a continuing downward trend. Currently, after quite a long period of slow and low dynamic, the price reaches...

Analysis for Newbies: AUD/CAD – Higher Low is Created?

An interesting situation is visible recently on the pair AUD/CAD. The daily chart shows that after breaking out from a long-lasting wedge, the price...

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