So if a trade was taken on the break and retest (1st candle after the retest) it would have hit a 2R.
Then the first proper nova signal also hit 2R - I have marked the entries.
Also, I have said many times before but I don't like to enter nova signals where price has already moved too fast (big bars) because they usually pull right back afterwards.
Instead of a 2:1 on each of those trades, you could target the high which is marked too so you get a better return (below)
So it could be almost 10R from those 2 trades. Crazy right?
Then the first proper nova signal also hit 2R - I have marked the entries.
Also, I have said many times before but I don't like to enter nova signals where price has already moved too fast (big bars) because they usually pull right back afterwards.
Instead of a 2:1 on each of those trades, you could target the high which is marked too so you get a better return (below)
So it could be almost 10R from those 2 trades. Crazy right?
You can lead a horse to water, but you can't make it drink