My transactions have been in full TP for two days and the price is changing, I guess NOVA brings luck.
2
Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 182 replies
HYBRID: trading system within a trading system 31 replies
Trapping System: Way to Fully-Automated Trading System 47 replies
Indicators:SuperNova !!! and Nova! 2 replies
Terra Nova Trading ECN 1 reply
DislikedMy transactions have been in full TP for two days and the price is changing, I guess NOVA brings luck.{image} {image}Ignored
Disliked{quote} 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 systemIgnored
Disliked{quote} I did not keep such statistics. But generally, I think one in every 4-5 transactions is SL. This means that 7-8 R TP equals 1 R SL. It means around 80% profit. When I look at it in terms of daily points, it provides an average gain of between 50 and 150 points. It is very important to read the chart correctlyIgnored
Disliked{quote} 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 cornerBut yes, reading the chart is essential and all I keep saying to everyone is focus on structure.
Ignored
DislikedDone for the day. (I enter on 30 sec charts with the 1M trend. GC futures) PC {image}Ignored
Disliked{quote} LOL We literally almost did the same thing... I am done for the week - 16R in minutes.. well half hr15S Timeframe EMA Flip imbalance entry. Nova volume was high - broke the low and got in xD {image}
Ignored
Disliked{quote} Awesome buddy. I got 4R in two good trades, happy with that and I can move on with my day. Last week I played with 5 secs entries LOL but a bit to stressful so I settled at the 30 secs for now, a bit faster entries than 1M. PCIgnored
DislikedDone for the day. (I enter on 30 sec charts with the 1M trend. GC futures) PC (Notice how the first sell signal inside the green imbalance kept me out of trouble/drawdown. I waited for the 2. Nova sell signal where price broke the lower border of the green buy imbalances) {image}Ignored
Disliked{quote} 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 enter with a smaller lot size but get much more in return than a standard 2R trade. Congrats on the profits!!Ignored
Disliked{quote} Haha. I use mainly tick charts. On es 3000tick charts moves approximately same as 1min. 1000tick is my way to go. NOVA is on TV and im not paying for over priced platform to get ticks there and when they dont even handle CME data well. So for nova i have minute charts.Ignored
Disliked{quote} 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 systemIgnored
Disliked{quote} 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 thoughTradingview is very expensive tbf... I always just get it on black Friday. 13 months premium for I think £150 if you pay in dollars. My renewal says it will be $677... Jokers
Also please no 67 jokes
{image}
Ignored
Disliked{quote} Hello, I just calculated it. I received 69 transactions in two weeks. I had 96 R TP and 21 R SL transactions. My predictions in the previous comment were correct. It means 80% profitIgnored
Disliked{quote} Hello, I just calculated it. I received 69 transactions in two weeks. I had 96 R TP and 21 R SL transactions. My predictions in the previous comment were correct. It means 80% profitIgnored
Disliked{quote} Yeah but whats funny. My tick charts move differently like you know. It prints new when certain tick amount is met. 1000,3000 etc. So sometimes they maybe bit slower but sometimes they move extremely fast. Yeah. I use quantower. As my main trading and charting platform. Not cheap eather. But there are work arounds.Ignored