Another entry you can look for after price breaks the high from a valid nova entry you may have missed is something like this. One the high has broken, you can use the fib and enter on the 50% - you already have confirmation that price wants to go ...

Nova Volume Trading System

Switch your charts on TV to IC Markets or any other broker with very high volume The first trade was correct and of course ended up as a loss but the ema's were very flat. When following strucure you want to do something like this: Mark the high and ...

Nova Volume Trading System

Yeah I remember seeing people trade like that... I can't even remember what the name is for those other ones too where its no candle but just 1 block... brainfog. But yeah that style helps see structure to a tee. Oh I remember now.... Renko LOL

Nova Volume Trading System

Dude you managed 75% in 2 weeks if you risked 1% each trade Now go and attack the prop firms haha

Nova Volume Trading System

Crazy! I didn't really consider tfs under 1 minute but they are very good for execution. You know you're too low on the tf when a 0.5 spread looks like 10 pips though Tradingview is very expensive tbf... I always just get it on black Friday. ...

Nova Volume Trading System

You know you're experienced when you go below the M1. I was taught that M1 was hell but the truth is... you can't touch it if you don't know the basics lol Only issue with going sooo low is spread but I'm finding my stops are way smaller and I can ...

Nova Volume Trading System

I think I actually need to go out and get a morning drink. 15s TF is crazy man. Just for comparison - this would be the actual Nova 2R play which is perfectly fine xD But on the 15s with the right entry you're looking at being able to get 10R at ...

Nova Volume Trading System

LOL We literally almost did the same thing... I am done for the week - 16R in minutes.. well half hr 15S Timeframe EMA Flip imbalance entry. Nova volume was high - broke the low and got in xD

Nova Volume Trading System

Well that is good enough... every 4-5 TP and then a loss is what you should expect with the system. What I find is that when I get a loss the next win is around the corner But yes, reading the chart is essential and all I keep saying ...

Nova Volume Trading System

Do you know how many TP's and Losses you've taken since starting with Nova? Would be interesting to know for everyone else here trading the system

Nova Volume Trading System

Also last share for me regarding the VWAP - if using all deviations you can see how price actually works You can see that as well as hitting previous week low it also hit the VWAP extreme deviation. Just adding a few little nuggets for those who see ...

Nova Volume Trading System

Also, if you've ever felt like risking your £5000 account and you're new.. you're making a mistake... try this with Nova BACKTEST FIRST and not on XAU £20 - £52k - not too shabby It's like having a demo account if you have £5k+ anyway. If ...

Nova Volume Trading System

So true, NY really is a battleground but I was soooo determined to crack the code that I spent endless hours backtesting and wondering why I couldn't get into real trends. Once I realised that real trends start from a liquidity grab it was game over ...

Nova Volume Trading System

Previous week low has been hit now so if price decides to break above then we can look for buying opportunities if it holds. We also came from previous month low

Nova Volume Trading System

That makes total sense now! I don't know everyone on here so I go off what is posted. I often have people who have much less experience wanting to understand how things work so I think that's why... I didn't know enough which is normal. Amazing that ...

Nova Volume Trading System

I'm not going to add this to the system but whoever sees this, try adding VWAP to your chart and you'll see how market algo will seek entries before blasting off. Middle yellow line is the VWAP and the outer bands are deviations. Price will ...

Nova Volume Trading System

I think although you're doing well, too much information just literally causes analysis paralysis. It happened to me before, I was looking at too much to make a decision... I'm not going to say you're doing anything wrong but based on what you're ...

Nova Volume Trading System

No I was showing how you would be able to trade NY. It looks crazy but it's really easy if you know how to tame the beast. I only managed to understand it once I didn't care about losing and tested things though! lol EDIT: If london trends well then ...

Nova Volume Trading System

If we use your first picture, I have marked the entry Price swept london low and then created a new lower high that was eventually broken in the NY session. That imbalance left alongside the high was your entry if you were trading the reversal. For ...

Nova Volume Trading System

I may not have stressed it enough so my bad but yeah.... the signal line is important because it allows you to know that price is on your side. So if the HTF signal line has crossed 0 then that is the direction you want to trade IF its all aligned. ...

Nova Volume Trading System