Hi rekon... Oh yeah... now I think I know what you want. There’s a software emulating real life ticks on MT4, ideal for testing your manual trading methods and whole decision making process. I use it myself on MT4. It works like a “forex Video ...

EurAnalysis

hi The scripts, which does not need market to be opened can be tested on charts all the time, (objects, drawings, lines) Expert Advisor or Strategies cannot be tested on charts while markets are closed, but any backtesting is available all the ...

EurAnalysis

Well, I am afraid you must be prepared for constant learning process. It never ends! Never… Always, after I thought I knew quite a lot, I was finding something else to study. Like now, I am studying hard how to automatize trading process on MT4. I ...

EurAnalysis

Just one more video for good night. Fundamental and technical summary of today's price action on EURUSD... Quick 5min summary. Enjoy. video

EurAnalysis

OK. I am done for today. Closed partially my SHORT position moving my today's break even point to 1.25650. I think this should be "enough safe" for weekend... Enjoy your weekend guys...

EurAnalysis

Well, sometimes news can push the price... The point for me is NEVER go ALL-In at this point, always think someone wants to buy or sell at better price.

EurAnalysis

Hehe... tried to respond by my mobile, but it didn't come through. The whole conclusion is that not the spot trading market makes the price moves, but REAL MONEY PENDING ORDERS. This is why now, Friday evening the market is half asleep.

EurAnalysis

Market Makers do not use leverage... They work exactly the same way as you buy stocks or bonds. -

EurAnalysis

There's one film on YouTube how so called "FLOOR TRADERS" suffer depression because they have to sit in front of 20 computer screens all day, while they were all trained to trade live on Wall Street They all miss "the real action, noise, ...

EurAnalysis

Market Makers 2 — This is important to understand how is the price made! Check out YouTube on "Market Makers Forex" Here's another one... video

EurAnalysis

Market Makers 1 — Too much to talk... check this out maybe video

EurAnalysis

Hehe... On EURPLN it is 50mil, but on EURUSD it must be a cluster of few BIG BOYS meeting at one level... billions

EurAnalysis

Nothing more then you do now, except you must have "REAL CASH MONEY" You place order and ...wait.

EurAnalysis

Oh, retail traders do have an influance. We all make so called "noise" on 1M chart "Retail" traders are traders who use real money orders... Don't know exactly but it is called I think STP (Straight Through Processing) So they place ...

EurAnalysis

Like for now I am prepared that the price may reverse and my last point to trigger another short is 1.26150. There could be a BIG BOY (don't know how else to name them) on MONDAY, let's say BANK OF CHINA and if they want to go short and will place ...

EurAnalysis

Well, for instance in case of SHORTING, they mostly place their orders two or three lines (points) above the existing price. By "lines" I mean Fibonacci, or support resistance lines... --

EurAnalysis

They risk, as everybody else. But they NEVER EVER buy or sell at spot price. They don't use MT4 and have access to informations we can only dream about. They are MARKET MAKERS, we are MARKET followers. Even a simple broker can see millions of ...

EurAnalysis

Let alone we are nearly off for today. But I can imagine more BIG BOYS stepping in on Monday... This can cause choppy market, and price can even jump higher a bit, but I think we should see down Monday afternoon or Tuesday. But...as always... NEWS ...

EurAnalysis

:-) no, no... but IMO changing trend has mostly 7 stages, (just simple way): 1. Support/resistance touched, loosing momentum... 2. Price action confirms changing the trend, bars, SMA etc... 3. Retails traders see it, they buy or sell moving the ...

EurAnalysis

Hmmmm This spike confirms to me nothing else but... "SELLER are back in town"... The sudden spike is caused by huge SELL ORDERS... I am short from 1.2545 and I am planning to close partialy my position to shift breakeven point above 1.2588. Then I ...

EurAnalysis