Imbalance is all used up now but held I wouldn't have taken it with this current one not hit yet BUT still works.

Nova Volume Trading System

I wonder if 9R is possible - Currently at 4.5R Eyes on that imbalance ideally IF price can break that high first.

Nova Volume Trading System

Yes certainly, you will rack up those R's that way. But in addition to what I have been teaching recently regarding the reversals/continuation and imbalances that is the other side to help know when and what to trade when you could be in the ...

Nova Volume Trading System

Could have just taken another 4R from the 50% imbalance entry

Nova Volume Trading System

Again... after nova signalled exhaustion that is why price violated that M5 imbalance and went for the 50% of M1 imbalance. Not saying this will work out but you take what you see and if you are wrong, you are wrong.

Nova Volume Trading System

See here: It is not a coincidence that Nova has signalled exhaustion here at this high. So I would be now a bit more weary as price could turn here. Once I have finished my testing with this feature then I will update it.

Nova Volume Trading System

It is mathematically impossible to be in the RED with Nova if you trust in the system and use context with structure.

Nova Volume Trading System

So Nova entries ONLY would be: Trade 1: L Nova Trade 2: BE Nova M5 Imbalance tap. Trade 3: 4.3R (using sweep & M1 imbalance entry) - Optional Trade 4: 2R Nova Trade 5: 2R Nova Trade 6: 2R Nova Trade 7: 2R Nova So 7R total for Nova Entries with a ...

Nova Volume Trading System

Yes divergences on nova helps but I have not added that as a big focus. You'll notice that when I was showing the new addition to Nova (the arrows at reversal) that would also be showing divergence. That divergence you see is literally the volume ...

Nova Volume Trading System

And there we go another 2R added image

Nova Volume Trading System

Good trade Nova entry would have been candle after which would mean no TP. Candle 2 open is aggressive approach & Candle 3 open is conservative approach but both can work out. My chart is marked up like this right now. Where I arrowed would ...

Nova Volume Trading System

Today could quite possibly be a lovely bullish run towards the previous day high and beyond. Yesterday we had price sweep previous week low and reject possibly creating the low of the week so next target? Previous week high & previous day high. That ...

Nova Volume Trading System

Nova Entries. Possible 5R total here after there being 1 loss. This is excluding the imbalance entry which if taken would be at around 5R on its own. Not too shabby.

Nova Volume Trading System

Had I have checked the M5 and marked out that Imbalance instead of the M1 we DID in fact get a 50% entry. One thing to mention, you don't have to aggressively enter on the 50%. You can actually wait for the candle to close and then enter. Less RR ...

Nova Volume Trading System

Sorry for the mass posting lol I just wanted to show you that setup on the M1. That imbalance was respected as it was the one that broke the high. Wouldn't have got a 50% entry on that though BUT gold loves to sweep those sort of pullbacks sometimes ...

Nova Volume Trading System

What I have been showing is the sort of things I look for personally... yes how my brain is looking for things before I am confident in my nova entries when price eventually decides to trend towards my target. Almost everything I have posted would ...

Nova Volume Trading System

This is the sort of setup I would be looking at which is happening right now. Imbalance right at previous day high & bullish structure. The last push down created a higher low.

Nova Volume Trading System

I also don't mind people posting, but keeping on topic would be great for us all. Don't want random indicators thrown into the mix. Ideally, you want to be able to trade without indicators. EMA's and line mark ups are all you really need. Nova is a ...

Nova Volume Trading System

It was a good observation. However it's much better not to if price fails to take out the newly created high. You'll also find from my top 2 imbalances including the one you marked out, if you put the fib from the low to the high you can see that ...

Nova Volume Trading System

Following on from this... 17R Stop just below the imbalance

Nova Volume Trading System