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Nova Volume Trading System

  • #1,341
  • Jul 8, 2025 7:40am Jul 8, 2025 7:40am
Quoting BimBam
{quote} Hi! if it's reasonable to ask here, how did you identify this poi? did you use the volume profile because it has a VA there? or is this a downtrend break zone or are these the pivots that were mentioned earlier? I'm sorry if the question is not relevant in this topic.
These would be short term targets on M1 (orange lines)

So if M1 starts to trend now, I could hold the earliest signal from nova all the way to 1 of those lines.
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You can lead a horse to water, but you can't make it drink
  • #1,342
  • Jul 8, 2025 7:53am Jul 8, 2025 7:53am
This is the entry based on how things are setting up.

There was a signal before but the stop loss would have been way too big for my liking.

This trade would already hit 1:1 so you can easily break even
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See, although it hasn't hit stop loss or anything so could be valid. Just too big for me especially the drawdown:

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You can lead a horse to water, but you can't make it drink
  • #1,343
  • Jul 8, 2025 8:04am Jul 8, 2025 8:04am
And this is why 1:1 at break even protects you

Now we can wait and see what price wants to do and if it starts to go downtrend... we will be there when the EMA's flip

It's easy to trade nova still on days like this especially if you picked up 20R+ yesterday.

You just wait for price to figure out what it wants to do and wait for your setup.

Mine being, EMA flip... price pulls back and trade in direction of the trend.

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You can see smart money footprints... range (accumulation) and then bam look at the volume

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You can lead a horse to water, but you can't make it drink
  • #1,344
  • Jul 8, 2025 8:15am Jul 8, 2025 8:15am
This would have been somewhat valid but I didn't take it.

Prefer to see the EMA flip and pull back

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Here you'll see that price is still contained in this range here so even when selling you want to be mindful of this not being broken yet.

Price may take out the high of the little pullback after the entry before continuing down. Gold does this often.

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You can lead a horse to water, but you can't make it drink
  • #1,345
  • Jul 8, 2025 8:20am Jul 8, 2025 8:20am
This was a little risky but I took it. See my charts. I've gotten 2:1 RR
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"For things to change, you have to change" ~ Jim Rohn
  • #1,346
  • Jul 8, 2025 8:39am Jul 8, 2025 8:39am
Well, to make sure someone learns from my mistakes, I'll show what has happened to me so far today and I do not even know where I'm going wrong, I feel genuinely clueless here, maybe you guys will know.

But then on the 3rd picture, on EURUSD, I got 3 wins, with the last one being 5R+.
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  • #1,347
  • Jul 8, 2025 8:43am Jul 8, 2025 8:43am
Quoting 0Nyx
This was a little risky but I took it. See my charts. I've gotten 2:1 RR {image}
Great quick little win

I can't lie, Gold is not that nice to trade today but that's okay. We don't chase price we just enter that fits criteria and see what happens

EDIT: I was meant to post the below image but I was looking at Monarchz charts lol - price smashed through now though

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4R from those 2

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You can lead a horse to water, but you can't make it drink
  • #1,348
  • Jul 8, 2025 8:49am Jul 8, 2025 8:49am
Quoting xkwisit2001
{quote} Great quick little win I can't lie, Gold is not that nice to trade today but that's okay. We don't chase price we just enter that fits criteria and see what happens
To be honest with you, my ADX (14,21) gave me the extra confluence with your Nova System to take the trade but i also had to remember the 4H poi [the yellow line on my chart to the right]. It was a quick one indeed. Lol
"For things to change, you have to change" ~ Jim Rohn
  • #1,349
  • Jul 8, 2025 8:57am Jul 8, 2025 8:57am
Quoting MonarchZ
Well, to make sure someone learns from my mistakes, I'll show what has happened to me so far today and I do not even know where I'm going wrong, I feel genuinely clueless here, maybe you guys will know. But then on the 3rd picture, on EURUSD, I got 3 wins, with the last one being 5R+. {image} {image} {image}
Monarch,

Are you marking out your 4H poi. Trust me, it's helps a whole lot.
"For things to change, you have to change" ~ Jim Rohn
  • #1,350
  • Jul 8, 2025 9:01am Jul 8, 2025 9:01am
These are my targets:

Also, I only just discovered the screenshot button on tradingview

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You can lead a horse to water, but you can't make it drink
  • #1,351
  • Jul 8, 2025 9:20am Jul 8, 2025 9:20am
Quoting 0Nyx
This was a little risky but I took it. See my charts. I've gotten 2:1 RR {image}
After having couple of Sl in morning. I am hoping for this now.

I hope some of you might like to share an opinion about this :
I think London-New york session overlap timing are most volatile and bring a lot of tradingview.
Maybe trading during this time could prevent some losses that occur due to low movement / Volatility.
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  • #1,352
  • Jul 8, 2025 9:20am Jul 8, 2025 9:20am
Took another trade, this one is a lot less risky. Still following the rules and trade towards the next 4H poi [yellow highlighted line on my chart to the right]. Plus my extra confluence from the ADX(14,21) gave me confidence in which i got another 2:1 RR

xkwisit2001, you did your thing with this indicator. Thx so much!
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"For things to change, you have to change" ~ Jim Rohn
  • #1,353
  • Jul 8, 2025 9:45am Jul 8, 2025 9:45am
Quoting usmanlaghari
{quote} After having couple of Sl in morning. I am hoping for this now. I hope some of you might like to share an opinion about this : I think London-New york session overlap timing are most volatile and bring a lot of tradingview. Maybe trading during this time could prevent some losses that occur due to low movement / Volatility. {image}
I agree Usmanlaghari,

The New York Open (9:30am EST) brings in a lot of traders which brings the volume. I find trading around that time will bring about more profits. Its quite annoying when you are trading during a time and there's no volume which makes you watch the charts a lot longer and possibly call wrong trades but everyone has different experiences with the markets.
"For things to change, you have to change" ~ Jim Rohn
  • #1,354
  • Jul 8, 2025 9:50am Jul 8, 2025 9:50am
Quoting 0Nyx
{quote} I agree Usmanlaghari, The New York Open (9:30am EST) brings in a lot of traders which brings the volume. I find trading around that time will bring about more profits. Its quite annoying when you are trading during a time and there's no volume which makes you watch the charts a lot longer and possibly call wrong trades but everyone has different experiences with the markets.
8R finally. @0Nyx Trading approach is unique to everybody. Nova performs exceptionally well in volatile situations therefore I guess if I switch my timing to London-New-york Overlap session , my results could get much better
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  • #1,355
  • Jul 8, 2025 10:02am Jul 8, 2025 10:02am
Quoting xkwisit2001
{quote} Great quick little win I can't lie, Gold is not that nice to trade today but that's okay. We don't chase price we just enter that fits criteria and see what happens EDIT: I was meant to post the below image but I was looking at Monarchz charts lol - price smashed through now though {image} 4R from those 2 {image}
just to confirm do you enter at 2nd candle closing or 3rd candle closing with nova volume?
  • #1,356
  • Jul 8, 2025 10:16am Jul 8, 2025 10:16am
Just got home (school run)

I didn't miss much did I???

16R no losses after that first break even... see what I mean about waiting on the EMA flip and then hammering Nova
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You can lead a horse to water, but you can't make it drink
  • #1,357
  • Jul 8, 2025 10:18am Jul 8, 2025 10:18am
Quoting junaidali15
{quote} just to confirm do you enter at 2nd candle closing or 3rd candle closing with nova volume?
Open of 3rd bar... so as soon as the 2nd bar closes hit sell/buy
You can lead a horse to water, but you can't make it drink
  • #1,358
  • Jul 8, 2025 10:21am Jul 8, 2025 10:21am
This is a little bit more of an advanced thing and best for when its REAAAALLY trending, but you can add a new entry when volume slows down and then starts again.

I don't do this but I thought to mention it as there were more ways of getting in there
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You can lead a horse to water, but you can't make it drink
  • #1,359
  • Jul 8, 2025 10:25am Jul 8, 2025 10:25am
One thing I can say is that in a small space of time being able to hit 16R effortlessly is why I love the system.

Most systems teach you to wait all day and then wait for a setup and take 2R only with partials at 1R or something like that lmao... I just can't.

Hope those of you who are using it today are eating well off this trend down
You can lead a horse to water, but you can't make it drink
  • #1,360
  • Jul 8, 2025 10:27am Jul 8, 2025 10:27am
Quoting xkwisit2001
These are my targets: Also, I only just discovered the screenshot button on tradingview {image}
All smashed
You can lead a horse to water, but you can't make it drink
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