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Nova Volume Trading System

  • #1,361
  • Jul 8, 2025 10:29am Jul 8, 2025 10:29am
Quoting 0Nyx
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! {image}
You're Welcome man!
You can lead a horse to water, but you can't make it drink
  • #1,362
  • Jul 8, 2025 11:16am Jul 8, 2025 11:16am
Quoting 0Nyx
This was a little risky but I took it. See my charts. I've gotten 2:1 RR {image}
Are you using only -DI(21) and +DI(14) or am I reading the graph wrong? I see that the rest of the lines are grayed out.
  • #1,363
  • Jul 8, 2025 11:16am Jul 8, 2025 11:16am
Quoting xkwisit2001
{quote} Good work bud - glad you're picking it up! I've not done anything so far during london as price has been stuck in the london open range all day so far. My plan is wait for range to breakout before anything. {image} Also, there will be more disliked comments going forward on here to keep it clean. It's okay to ask questions but if people can't at least read the first couple of pages then I don't know what else to do really
whats london open range pal?
  • #1,364
  • Jul 8, 2025 11:31am Jul 8, 2025 11:31am
why no body made alert plus EA till yet ?
  • #1,365
  • Jul 8, 2025 11:47am Jul 8, 2025 11:47am
Quoting Lashchuck
{quote} Are you using only -DI(21) and +DI(14) or am I reading the graph wrong? I see that the rest of the lines are grayed out.
yes those are my settings on the ADX(14,21). I blurred out the rest because all i need are these two lines [+DI(14),-Di(21)] for extra confluence towards the Nova System.
"For things to change, you have to change" ~ Jim Rohn
  • #1,366
  • Jul 8, 2025 3:03pm Jul 8, 2025 3:03pm
Quoting 0Nyx
{quote} Monarch, Are you marking out your 4H poi. Trust me, it's helps a whole lot.
Oh yeah, I need to work on that, that's not one of my fortés. On first look, I have no idea what's supposed to be PoI.


After a gruesome day on Gold, EURUSD salvaged the situation a bit with this one, 2.4R.
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  • #1,367
  • Edited 3:45pm Jul 8, 2025 3:23pm | Edited 3:45pm
Quoting MonarchZ
{quote} Oh yeah, I need to work on that, that's not one of my fortés. On first look, I have no idea what's supposed to be PoI. After a gruesome day on Gold, EURUSD salvaged the situation a bit with this one, 2.4R. {image}
Hey MonarchZ,

POI= Point of Interest. You would head to your 4H chart [on whichever instrument you are trading] and mark the previous 4H candle high and low. I believe Xkwisit2001 uses the 1H chart but you may have to check with him. This would be considered you point of interest (POI) and then you would drop to you lower TF and trade in the direction the Nova System is leading to. You may have to do some more technical analysis but those points should help you from guessing which direction the market wants to go. I hope this helps.
"For things to change, you have to change" ~ Jim Rohn
  • #1,368
  • Jul 8, 2025 3:43pm Jul 8, 2025 3:43pm
Quoting lostup
why no body made alert plus EA till yet ?
There isn't one for Nova.

To trade it successfully there needs to be an understanding of context and stucture for it to successfully work.

Quoting 0Nyx
{quote} Hey MonarchZ, POI= Point of Interest. You would head to your 4H chart [on whichever instrument you are trading] and mark the most recent highs and lows of the 4H candle. I believe Xkwisit2001 uses the 1H chart but you may have to check with him. This would be considered you point of interest (POI) and then you would drop to you lower TF and trade in the direction the Nova System is leading to. You may have to do some more technical analysis but those points should help you from guessing which direction the market wants to go. I hope this...
This is 100% correct.

Don't need anything else other than recent highs and lows that stick out... pullback highs and lows. Nice and simple.

Quoting MonarchZ
{quote} Oh yeah, I need to work on that, that's not one of my fortés. On first look, I have no idea what's supposed to be PoI. After a gruesome day on Gold, EURUSD salvaged the situation a bit with this one, 2.4R. {image}
Gold wasnt grusome, you just got caught up in the range that I was commentating on all day. Once things cleared up there was a nice juicy drop for 16R at least
You can lead a horse to water, but you can't make it drink
  • #1,369
  • Edited 4:12pm Jul 8, 2025 3:48pm | Edited 4:12pm
After the move today on gold if you use the fib... once price is pulling back dont take any further trades until price hits a key fib level - mine are marked as you can see.

You want to see at least 50% being hit for a successful pullback to start framing new trades which has happened (below)

Price could have gone up to my favourite fib 66.15% or just before or after but if I know its a pullback phase from the HTF then I will wait to see where price reacts to before entering any more sell signals again.

Also understand time, there is much less volume after london so price wont really do anything crazy so I'd rather not trade.

Where my arrow is you can see theres a little something going on there too so price COULD go there before coming back down... it wouldn't be unusual for that to still happen... maybe even in asian session.

Gold loves to take out liquidity before carrying on.

Just something I felt you all should know.
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Id defo be watching here for anything in the future unless price breaks the low. But still good to remember in the future.

It's right in the 66.15% area which is basically the middle between 61.8% & 70.5%.

Sometimes you can get razer sharp entries right off the 66.15% area and then it may spike a little over 70.5%

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You can lead a horse to water, but you can't make it drink
  • #1,370
  • Jul 8, 2025 4:09pm Jul 8, 2025 4:09pm
Gold M5 very similar view. I have the green bands marked as liquidity, which coincides with the .618 fib

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Its all just one persons opinion
  • #1,371
  • Jul 8, 2025 4:13pm Jul 8, 2025 4:13pm
Quoting axecap
Gold M5 very similar view. I have the green bands marked as liquidity, which coincides with the .618 fib {image}
I feel like price will either drop or head back up towards 61.8 and spike up to 70.5.

That's the thing with how I trade, I do consider other things based on experience but its okay to still trade nova how I have presented it.

It's flexibility for all traders skill levels.

Gold definitely likes to grab liquidity before showing its real move so I wouldn't be surprised if that happens.
You can lead a horse to water, but you can't make it drink
  • #1,372
  • Jul 8, 2025 4:15pm Jul 8, 2025 4:15pm
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}
If you see the first trade from when price dropped, you'll see that price purged that very high later before it dropped after that bounce from the support (yellow line)

That's what it does (see below)

Exactly the reason why people say... "my stop loss got hit and then price went where I expected it to go" lol

Another reason why waiting for price to go back to the EMA's help with those losses.

When liquidity is taken its like a double confirmation to enter the nova signal
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You can lead a horse to water, but you can't make it drink
  • #1,373
  • Jul 8, 2025 5:32pm Jul 8, 2025 5:32pm
Most recent correct entries would be here before market swapped over to asia.

Up to 9.2R - last trade was 3.2R but not sure I would have taken that.

Once asia kicks in id wait an hour to see.

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You can lead a horse to water, but you can't make it drink
  • #1,374
  • Jul 8, 2025 6:40pm Jul 8, 2025 6:40pm
Learning from your advice, seeing that the price hit 3304 multiple times during Asian session but never went beyond, I spread out 3R at the levels of 3303, 3303.4, and 3303.8, with a bit above 3304, TP 3300.4 .

Result? 10R profit.

Thank you guys!

Have a nice evening/night.


(I will also experiment a bit tomorrow by only going for trades when the Nova indicator crosses over, without necessarily waiting for a Nova signal, while also trying to apply the knowledge I got today. We'll see how it goes)
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  • #1,375
  • Jul 8, 2025 6:48pm Jul 8, 2025 6:48pm
Quoting MonarchZ
Learning from your advice, seeing that the price hit 3304 multiple times during Asian session but never went beyond, I spread out 3R at the levels of 3303, 3303.4, and 3303.8, with a bit above 3304, TP 3300.4 . Result? 10R profit. Thank you guys! Have a nice evening/night. (I will also experiment a bit tomorrow by only going for trades when the Nova indicator crosses over, without necessarily waiting for a Nova signal, while also trying to apply the knowledge I got today. We'll see how it goes) {image}
Fantastic work... it's okay to deviate from what I do. As long as it improves your own trading that's all that matters.

Now you have some good RR in the bucket... don't worry about little 1R losses. Just reset when it happens, watch and wait.

Easy work... price was at the 38.2 level and couldn't break.
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You can lead a horse to water, but you can't make it drink
  • #1,376
  • Jul 8, 2025 7:10pm Jul 8, 2025 7:10pm
Looks like gold took liquidity to move higher, I did say earlier this could be the case that it heads higher first.

If we stay bearish it could be something like this:

Could either sweep the 50% high or head higher towards the 61.8 - 70.5 area.

We can only speculate at the moment though but be ready when EMA's flip.

Anyway, this isn't my trading hours so I need to go to bed now ha

Have a good day/night for those that see this

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You can lead a horse to water, but you can't make it drink
  • #1,377
  • Jul 8, 2025 7:53pm Jul 8, 2025 7:53pm
This would be the only correct entry for me... but low volume so no idea.

I'm not trading eitherway but can see if it can take out the high

At least a break even is available though as 1:1 already hit.

EDIT: BE would be hit

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You can lead a horse to water, but you can't make it drink
  • #1,378
  • Jul 8, 2025 9:56pm Jul 8, 2025 9:56pm
Whoaaa!!!! Just nabbed a 5:1 RR with this trade during Asian Session. Check my charts. Prices went right through two of my 4H POIs.
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"For things to change, you have to change" ~ Jim Rohn
  • #1,379
  • Jul 9, 2025 1:20am Jul 9, 2025 1:20am
Quoting 0Nyx
Whoaaa!!!! Just nabbed a 5:1 RR with this trade during Asian Session. Check my charts. Prices went right through two of my 4H POIs. {image}
Nice work, I was so sure it was going to head up to the .618 before going down I did not enter.
There's a lesson there.
Its all just one persons opinion
  • #1,380
  • Jul 9, 2025 6:22am Jul 9, 2025 6:22am
Not taken anything today as I only just got to my desk but how you're all well today!
You can lead a horse to water, but you can't make it drink
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