The power of order flow: Price comes back into previous SUPPLY zone on 15 min chart and does exactly what it is suppose to do. DOJI formed on 15 min chart. Lower Volume on 15 min chart. Looking at the 3 min chart: price in supply zone low volume ...

COGS's Mental Forex Journey!!

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The Volume Detective

I like this entry,

The Volume Detective

Order Flow, Im not sure if I have ever tried it but for some reason I think my trading can be defined as "order flow" or S/R or S/D or price action or zone trading hahaha. But I really like the idea of order flow. I think they all have the same ...

COGS's Mental Forex Journey!!

hey Lazy thanks for the reply OBV- I only use on the 1 minute TF, its the one that comes with MT4, I just modified the color hahaha but its also depends on what server you use. Im on FXCM-which gives high volume but the same idea still applies, ...

COGS's Mental Forex Journey!!

The BEARs were hungry!!!! Earlier in the day, price made a low of 1.12908, with the bulls rejecting this area, making its way back to the short term SUPPLY zone of 1.332-1.1336. Took my first position at 1.1336 @ 9:31 EST. Price hovered with some ...

COGS's Mental Forex Journey!!

so how about that vpower indicator ? can you tell a guy where he could find the "indicator" ?

"VPower" (VolumePower) EA demo, 20 pairs

The definition of a textbook setup in the early morning hours, can really lead to nice setups. Especially when the big players come out to play. They want to take their positions for the day before FED rate policy comes out. A lot of people tihink ...

COGS's Mental Forex Journey!!

how do you get level 2 volume when the market isn't centralized ?

Forex Level II (Market Depth) follow me with order book

Back after the bachelor party last week and comes back with a bang. I was hesitant today to trade but this opportunity presented itself and I couldnt resist. USDJPY: USDJPY developed a good DEMAND area on the 1.2320-1.2360. When price came into this ...

COGS's Mental Forex Journey!!

Price Loses Momentum: USDJPY The Low came in at 123.850 @ 7:42 EST, with the formation of the a falling wedge at the same time VOLUME accumulation giving strength for a push up. Price made that push up to the previous lower high of 124.134, with a ...

COGS's Mental Forex Journey!!

your trading style is very similar to mine, short term stuff. You should check out NADEX, you might be pleasantly surprised.

The Volume Detective

EURUSD The high came in at 1.12450 @ 9:15 EST, with a new high volume setting the tone for the next 2 hours. With a morning low of 1.11823, giving us a morning range. Price made its way back into the SUPPLY area of 1.12120-1.1250 and began to show ...

COGS's Mental Forex Journey!!

Wait for price to hit the zones before looking to take position, is key. I cant stress this enough. Many traders look at these same areas with Supply/Demand, Support and Resistance or even the Wide Range Bars. But either way your looking for areas ...

COGS's Mental Forex Journey!!

Would you be able to explain the "vpower" indicator and where a trader would be able to attain this.

"VPower" (VolumePower) EA demo, 20 pairs

wait for the reversal

What are your most profitable rules in your trading plan?

how often are these happening? If they don't happen often, who cares. There will always be another signal the market will always developed different setups, the sooner you can let these go, the sooner your insight into the market will improve. There ...

When would chasing a trade be worth it to you?

Thats a very good observation, and one I will do my best to explain. For a simple explanation, it is so they confirm each other. As we know OBV is the accumulation of volume for the direction of the candle, OBV follows price very closely and very ...

COGS's Mental Forex Journey!!

Patience Patience Patience The name of the game, the discipline for patience to be formed, is key for a trader to succeed. Waiting for price to come in to key areas of high supply and demand. THe mental games the market will send before, during and ...

COGS's Mental Forex Journey!!

As the markets move, the perspective of change happens often. Looking for a place where price rejects, comfort. The idea of finding these areas with a short term move can provide comfort with sharp reversal. Playing tricks with the mind, of ...

COGS's Mental Forex Journey!!