The problem with moving the stoploss to break even after reaching 1R is sometimes it needs a bit of room to move before it would go down again. In this case going breakeven was the right choice but sometimes you will see the price hits the stoploss ...

Nova Volume Trading System

Excellent trades everyday my friend, are you ever down on the end of the day… the reason I ask is because from your screen prints it seems you are usually either in good profit or at the very least your breakeven, I don’t really see you being down ...

Nova Volume Trading System

Sorry about asking you about the EMA flip previously my friend… this screenprint has shown me what you mean by ‘EMA flip’ it’s basically when the 3 different Colored ema’s are changing positions with one another, indicating that it be the end of the ...

Nova Volume Trading System

I like this approach…. It’s more easier to keep track of 1 timeframe at a time.

Nova Volume Trading System

do you just trade entirely from the 1 minute chart?… or do you look at the trend on the higher timeframe?… if so which timeframe. Thanks in advance.

Nova Volume Trading System

Many thanks for the replies my friend much appreciated… sorry about asking you about brokers which is a bit off topic but because I have never traded on a real account before I needed to ask because I’ve heard a shed load of stuff on how brokers can ...

Nova Volume Trading System

oh ok… so basically reduce the lot size

Nova Volume Trading System

Really choppy on XAUUSD today… haven’t traded this morning in the London session but would have got a number of losses if I did.

Nova Volume Trading System

I want to use a real account…. But yeh with £1000 at 20;1 leverage I probably have 1 position at a time and then the leverage is already taken up. I don’t know how you get a 1000:1 account in uk unless it’s an overseas account but I don’t want to ...

Nova Volume Trading System

That all sounds great to me… one thing my friend, I know your from UK too just like me. A quick question, do you use prop firms to trade or just a real account. The reason I ask is I’m only using a prop firm at the moment but want to maybe start ...

Nova Volume Trading System

yes fro the sell to be valid the signal line should also be below the zero line plus the red ema on the main chart should be on top with the green line at the bottom in order to show a valid entry opportunity

Nova Volume Trading System

if you look closely at the blue signal line it did not cross the zero line even though the histogram has turned red. So according to the rules this was not a valid entry for a sell.

Nova Volume Trading System

Thats awesome… do you use prop firms or you use your own account… I’m from the UK by the way.

Nova Volume Trading System

I also notice in your charts that the suggested stoploss is at the last high or last low which you normally do but I noticed everytime you actually place the stoploss slightly higher than the last high or slightly lower than the last low. Is there a ...

Nova Volume Trading System

how many hours do you normally spend at the screen a day my friend?… do you treat it like a 9-5 job?

Nova Volume Trading System

you have a very valid point… when the ema is flat I guess it’s not when the market is trending so these trades opportunities are more risky. So if you avoid these trades it could eliminate a few losses. So this approach by you is good, the only ...

Nova Volume Trading System

I was originally going to ask if a 1:1 risk to reward ratio would be more profitable than 2:1 but looking at a lot of these backtested charts it seems that although I thought 1:1 is easier to achieve, it seems that 2:1 risk to reward is probably ...

Nova Volume Trading System

it looks so good when you mark it out on the charts. I think most of us can see this is the profitable system. I think if any does have problems it’s actually always down to the execution of the trades. Because it’s 1 minute chart entries you need ...

Nova Volume Trading System

yes my friend that’s exactly what I’m saying checking higher timeframe or not checking it you will get wins and loses so you might as well just concentrate on the 1 minute chart yes to keep track of.

Nova Volume Trading System

To be honest I tried aligning the entries on the 1 minute along with either the 5 min or 15 trend and to be fair you probably do better without using then higher timeframes. A good few times I placed a sell trade when the 15 minute or the 5 minute ...

Nova Volume Trading System