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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.

Simple Correction

Analysis Piotr Drabik -
The key to trading with the main trend A simple ABCD correction appears in trends and in the movements opposed to the main trend. This can...

Euro Stoxx 50, DAX30, CAC40 – Bears Strike Back

Analysis Piotr Drabik -
It wasn't a good week for the bulls at European indices. The entire profit that was gained at previous week was deleted in the...
How to trade news on the Forex market

NVIDIA Reported Excellent Results – All Markets Online

Analysis Piotr Drabik -
Cycle All Markets Online was developed in cooperation with Windsor Brokers, the only broker operating on the Polish market which offers such a wide...

Euro Stoxx 50 Index, DAX30, CAC40 – another week to the bulls

Analysis Piotr Drabik -
The last week was another one in the row that was excellent for the demand. German DAX had 11 upward weekly candles from all 12...

Harmonic Trading – potential ABCD pattern on EURUSD and USDCAD

Analysis Piotr Drabik -
USDCAD and EURUSD look very interesting when we have harmonic trading in our minds. On both currency pairs we had clear trend in one...

Euro Stoxx 50 Index, DAX30, CAC40 – Demand Won That Battle

Analysis Piotr Drabik -
Flat consolidation (that took almost a month) was ended at each described index. German DAX30 was like a train that helped the bulls in Europe....

Harmonic Trading – ABCD on EURAUD and EURPLN

Analysis Piotr Drabik -
Trading based on harmonic patterns mostly depends on proper measurement of Fibonacci retracement in relation to price movements. A description of all the patterns can...

Euro Stoxx 50 Index, DAX30, CAC40 – a Breakthrough on German Index

Analysis Piotr Drabik -
The current technical situation on these indexes looks extremely interesting and promises us interesting returns in the week just started. Last week ended with a...

Harmonic Trading – GBPJPY, EURPLN

Analysis Piotr Drabik -
Last week I pointed to a potential harmonic formation on the EURPLN pair. If the CD was equal to AB, it would be a...

USDJPY – Another Attempt to Break Out from Consolidation

Analysis Piotr Drabik -
Since last week USDJPY can not get out from consolidation stretched between support of 108.70 and resistance of 109.70. On Friday morning demand is...
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