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Piotr Drabik

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Author of worldtrader.pl blog and big supporter of technical analysis. Active medium-term trader. In his analysis uses classical charts, price action as well as harmonic patterns and Elliott Waves. In trading he always tries to take into account two points of market's view, in accordance with the principle that each transaction may be attractive both for the demand and supply traders.

FTSE100 index approached the 6-year trend line.

Index reached the suport that for two months is in the game. We were unable to successfully maintain than the historical peak of 2000....

GBPUSD – waiting to break out of consolidation

Today's surprising data reading of core inflation in the UK has caused a violent reaction on GBPUSD pair. Inflation rises above forecasts what may mean...

USDCAD ends correction and now it’s time for a new peak.

USDCAD (US Dollar vs. Canadian Dollar) is at levels which were seen in 2004. Traders are biding higher levels what asures that the current...

GOOD TO KNOW!

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