Nova Volume Trading System | Page 72 | Metals Mine

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Similar Threads

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

Attachments: Nova Volume Trading System
Exit Attachments

Nova Volume Trading System

  • #1,421
  • Jul 10, 2025 5:50am Jul 10, 2025 5:50am
and closed, just the 10 pips

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 8 KB
Its all just one persons opinion
  • #1,422
  • Jul 10, 2025 5:58am Jul 10, 2025 5:58am
Quoting axecap
and closed, just the 10 pips {image}
Had I managed this one on M5 I would be 15 pips and still in
Its all just one persons opinion
  • #1,423
  • Jul 10, 2025 6:39am Jul 10, 2025 6:39am
Quoting axecap
{quote} Had I managed this one on M5 I would be 15 pips and still in
Nice. Was also scalping that move also.
Do you work with a strength meter or something similar and trade diff symbols?
  • #1,424
  • Jul 10, 2025 6:48am Jul 10, 2025 6:48am
Quoting Mojoloto
{quote} Nice. Was also scalping that move also. Do you work with a strength meter or something similar and trade diff symbols?
No strength meter. I like EURAUD, BTCUSD and gold. Works in my time Zone. After that GJ and EJ. I use FVG as my POI (m30) as well as higher time frames trend lines.
Sometimes a stoch indi and TDI if trading higher time frames, H4 down to M30. Prefer lower time frames in and out in the current climate
Its all just one persons opinion
  • #1,425
  • Jul 10, 2025 6:55am Jul 10, 2025 6:55am
Quoting axecap
{quote} No strength meter. I like EURAUD, BTCUSD and gold. Works in my time Zone. After that GJ and EJ. I use FVG as my POI (m30) as well as higher time frames trend lines. Sometimes a stoch indi and TDI if trading higher time frames, H4 down to M30. Prefer lower time frames in and out in the current climate
Got it. Looking good!
Yeah, i like the FVG with the Bollinger Bands above the 200 ma. U can catch some nice pullbacks in trend direction.
  • #1,426
  • Jul 10, 2025 7:04am Jul 10, 2025 7:04am
Good morning
I caught this amazing bear run. I initially had it for 2:1 RR but I figured I would wait and see if it would hit my 4H POI...and it DID!!!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250710_075941_MetaTrader 5.jpg Size: 886 KB
"For things to change, you have to change" ~ Jim Rohn
  • #1,427
  • Jul 10, 2025 7:49am Jul 10, 2025 7:49am
Bro. I got a question. say on 5 min you have up volume with gray (green) background and on 1 min you also have up volume but black background (no color). Do you take the trade or you wait for the background to show up on 1 min?
  • #1,428
  • Jul 10, 2025 8:03am Jul 10, 2025 8:03am
Quoting pentek123456
Bro. I got a question. say on 5 min you have up volume with gray (green) background and on 1 min you also have up volume but black background (no color). Do you take the trade or you wait for the background to show up on 1 min?
Hey Pentek

I would say wait until the M1 gives you the green signal that way both the M5 and M1 are unison with one another but thats just my opinion. Xkwisit2001 could give you more detail on it.
"For things to change, you have to change" ~ Jim Rohn
  • #1,429
  • Jul 10, 2025 8:31am Jul 10, 2025 8:31am
Quoting 0Nyx
{quote} Hey Pentek I would say wait until the M1 gives you the green signal that way both the M5 and M1 are unison with one another but thats just my opinion. Xkwisit2001 could give you more detail on it.

Thank you @0Nyx.

@Xkwisit2001 it would be helpful to get your thoughts on the below two scenarios:

1. on 5 min you have up volume with gray (green) background, signal line above 0 and on 1 min you also have up volume but black background (no color) and signal line above 0. Do you take the trade or you wait for the background to show up on 1 min?

2. on 5 min you have up volume with black background (no color) and signal line above 0 on 1 min you have up volume but gray (green background) and signal line above 0. How do you think about taking the trade here as well?
  • #1,430
  • Jul 10, 2025 9:07am Jul 10, 2025 9:07am
I'm back. Giving Nova try again. I know main is gold, but I think with trend we can try it in any pair. Will not sugar coat anything and just put the trades which I take. I'm on demo for now. 2:1 will do the trick, need around 40% success rate to be profitable. 5R as of now if 1R is 0.5% I would have 2.5% for today. (100K funded is 2.5K, most of the jobs wouldn't give you that for sure)

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 36 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 30 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 37 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 36 KB
  • #1,431
  • Jul 11, 2025 5:17am Jul 11, 2025 5:17am
Good Morning/Afternoon - I wasn't around yesterday and had some things come up but I hope you all traded safely!

Today price is still within the london range so waiting for price to breakout ideally to the upside.

There are some hallmarks at the moment of this potentially happening but we need to see what happens

Before price bounced you can see how much volume was present to go low but the move didnt break the low, it just sort of ranged for a little while and then broke out upwards with strong volume.

For me, I'll be waiting for price to pull back towards the EMA's and then start pushing up. I'll be there to get an entry.

Remember, gold can often pullback and then pullback again a bit lower and then create an explosive move so be careful with tight stops.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 43 KB
You can lead a horse to water, but you can't make it drink
  • #1,432
  • Jul 11, 2025 5:20am Jul 11, 2025 5:20am
Not sure when I will take a trade today but I am focusing on holding. My previous trade I showed on here would have been in crazy profit it I had held it and almost to TP.

Have a feeling it wont be till NY wakes up but will let see what happens between now and then.

Fib levels respected here too on M1

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 39 KB
You can lead a horse to water, but you can't make it drink
  • #1,433
  • Jul 11, 2025 6:32am Jul 11, 2025 6:32am
Quoting Mojoloto
Ok, lets see how this one goes. Break and retest kind of entry with the ma's bounce and the 5m nova was also building a entry. {image}
Would have been a break even for me if taken. Was close to TP but reversed because there wasn't a significant pullback yet.

After a run you generally want to see at least a 50% pullback.

Not quite 50 here but almost. It may probably pull back lower I am not sure yet.

I've marked out this blue area as I think it MAY take out liquidity down here when NY enters the chat... It has just taken liquidity though.

That's if the last high isnt broken
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 36 KB
You can lead a horse to water, but you can't make it drink
  • #1,434
  • Jul 11, 2025 6:43am Jul 11, 2025 6:43am
It's also not out of the question that NY takes out the high to go lower.

Once I get confirmation in the next hour then ill probably take some entries.

It is also Friday so might not be that much more room to go upside.

We wait
You can lead a horse to water, but you can't make it drink
  • #1,435
  • Jul 11, 2025 6:51am Jul 11, 2025 6:51am
Quoting xkwisit2001
{quote} Would have been a break even for me if taken. Was close to TP but reversed because there wasn't a significant pullback yet. After a run you generally want to see at least a 50% pullback. Not quite 50 here but almost. It may probably pull back lower I am not sure yet. I've marked out this blue area as I think it MAY take out liquidity down here when NY enters the chat... It has just taken liquidity though. That's if the last high isnt broken {image}
Got it. I usually don't trade the 1m. I like 15m with confluence of the higher TF's.
Yes, it would have been a BE if taken on the close of the 2nd bar. I entered the trades a bit later because i needed a more convincing bullish bar.
But yeah, its Friday aswell

2nd entry is still running
  • #1,436
  • Jul 11, 2025 7:04am Jul 11, 2025 7:04am
Quoting Mojoloto
{quote} Got it. I usually don't trade the 1m. I like 15m with confluence of the higher TF's. Yes, it would have been a BE if taken on the close of the 2nd bar. I entered the trades a bit later because i needed a more convincing bullish bar. But yeah, its Friday aswell 2nd entry is still running
Yeah Friday is not great but if you see now the volume used to push into the high?

Compared to the volume it took to create the high.

Could possibly be in for a reversal. Weird area to trade from for me right now.
You can lead a horse to water, but you can't make it drink
  • #1,437
  • Jul 11, 2025 7:13am Jul 11, 2025 7:13am
This alone is giving me reversal vibes

Strong instant bullish volume but doesn't break out higher.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 40 KB


EDIT: Now for the sell side volume to hopefully confirm reversal.

I'll be there IF moving averages give us the flip & pullback we need.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 39 KB
You can lead a horse to water, but you can't make it drink
  • #1,438
  • Jul 11, 2025 7:28am Jul 11, 2025 7:28am
They're loading up their move

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 35 KB
You can lead a horse to water, but you can't make it drink
  • #1,439
  • Jul 11, 2025 7:39am Jul 11, 2025 7:39am
Gold on H1 - last high has been broken and possibly heading to this next one.

As its friday I didn't think we'd actually head up that way and I've been waiting for a bigger pullback at least to end the week.

I'm still getting a weird reversal vibe though as it doesn't make sense to take out that high today.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 52 KB
You can lead a horse to water, but you can't make it drink
  • #1,440
  • Jul 11, 2025 8:00am Jul 11, 2025 8:00am
I took a calculated risk. It worked out and I got a 2:1 RR. I believe price was bullish because Canadian news was good and Gold and the Candian Dollar tends to move in the same direction. Anyway I took my profits at the 4H POI.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20250711_085459_MetaTrader 5.jpg Size: 941 KB
"For things to change, you have to change" ~ Jim Rohn
13 traders viewing now