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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: EUR/JPY – Potential Double Bottom – 20/03

Interesting technical patterns can be seen on the daily graph of the EUR/JPY pair. First of all, the consolidation is under-way for the fourth...

Analysis for newbies: GBP/CHF – Engulfing Formation on Weekly Chart

Interestingly looks GBP/CHF on higher, eg weekly time frames. Last week, the demand recorded a set of five bullish days each ended with a...

Analysis for Newbies: GBP/JPY – Efforts to Return to More than a Year’s Trend...

Recently there has been a revival on the demand side of the GBP/JPY. The daily chart shows the buyers' side has revived at the...

Analysis for beginners: USD / CAD – Above Highs of the End of December

USD/CAD is characterized by one of the highest dynamics recently. Almost every day, the pair has a new maximum, and yesterday the level of...

Analysis for Newbies: EUR/USD – Another stop Next to the Trend Line

EUR/USD continued the downward movement in recent days. This should not come as a surprise due to the wider perspective, ie extremely strong increases...

Analysis for Newbies: USD/CAD – Towards the End of the Year Highs? – 27/02

USD/CAD has been trading very technically recently. Last Friday there was a stronger supply reaction, which could have been a profit taking session from...

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...

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