Those random strong red bars that didn't end up breaking structure looks likely to be when small liquidity grabs occur.

Nova Volume Trading System

I know the ? wasn't aimed at me but in my system it would be a no trade but with experience it could be a buy signal. However, it's going against the trend so I would be careful with those entries. Background is black for a reason as Nova doesn't ...

Nova Volume Trading System

My chart here: image

Nova Volume Trading System

I am UK based so the time for that period was 14:30 UK time.

Nova Volume Trading System

This is what I do quite often and part of my trading arsenal which I learnt in the Magic100 thread (check it out)

Nova Volume Trading System

I like trading around now but mainly the London/US crossover when volume increases. I rarely trade London open but I am not opposed to it. For me, I just get onto the charts around now 11.30am UK time/UTC time (6.30am NY Time/UTC-5). Will then start ...

Nova Volume Trading System

I think this was meant for the TDI Shark Fin thread lol

Nova Volume Trading System

It looks fine to me, the white background would be black for dark mode. The candles are my own colour as I don't like red and green as it affects the mind. Trading is 80% mindset and the rest is whatever works for you. If you go back you'll see I ...

Nova Volume Trading System

Always be checking the signal line (my yellow line on histo) and see what it's doing. If it is above the zero level in a downtrend then don't take any red background histogram signals. Wait for the signal line to cross the zero level first. You can ...

Nova Volume Trading System

Good Luck! Look at your 5M Gold Nova, there were 2 great entries

Nova Volume Trading System

See these strong spikes on Nova tend to create a pullback You could even use them as an indication to exit your position if holding onto trades for a bigger R:R. On the histogram they will usually occur around the +200 & -200 areas. image

Nova Volume Trading System

Another example of NOVA in the just the past THREE HOURS! I marked out a 10R trade just to show what can be possible even if you did decide to hold or take partials. There are losses but without a doubt there is no way you cant be profitable with ...

Nova Volume Trading System

Guys make sure to study the results of TranceGhosts and the charts provided as he/she has picked up how to use Nova extremely well. It all goes back to understanding the following: Market Structure: Higher Highs, Higher Lows, Lower Lows, Lower ...

Nova Volume Trading System

I think understanding of elliott wave or market maker model is the best way to trade, especially with Nova (personally). Once there is a rejection and a new trend starts you will find that price will push down 3 times with small pull backs along the ...

Nova Volume Trading System

It's really interesting to see how everyone interprets their entries and they end up being the same as you mentioned. That's why I said Nova is subjective and to use with your current arsenal. That way it seamlessly fits in and you'll probably end ...

Nova Volume Trading System

You're banned This is the problem, that guy just wanted to code his own Nova and probably sell it. He wasn't interested in anything else and had to get him out once he said there was no defined tp or sl. The joys

Nova Volume Trading System

No I'm sure I'll then see it for sale somewhere in the forex world.

Nova Volume Trading System

Really positive stuff! The chart below is the outcome from yesterday/today IF every signal within reason was taken. It was 9 wins 4 losses for a 14R return. image This is the follow on from around NY open which resulted in 7 wins and 2 losses for ...

Nova Volume Trading System

Well looking at those trades you certainly grasped the system. When following the trend and a loss occurs it's time to change your outlook as it could be about to reverse. As long as you follow structure you will be fine. With the waves you'll find ...

Nova Volume Trading System

Great! how have you been doing with it? Everyone don't be afraid to show your trades because I mainly use Gold so it would be great to see everyone elses entries/exits. It will help others.

Nova Volume Trading System