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  • #1,401
  • Jul 9, 2025 8:54am Jul 9, 2025 8:54am
Its getting ready to close the H1 bar over the resistance (prev support). Be interesting to see what happens in 7 mins or so.
  • #1,402
  • Jul 9, 2025 8:54am Jul 9, 2025 8:54am

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I am not going to complain

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You can lead a horse to water, but you can't make it drink
  • #1,403
  • Jul 9, 2025 9:05am Jul 9, 2025 9:05am
Price is currently at the daily open line hence the resistance.

Hopefully it breaks... could reverse but I am going to keep holding. It's risk free.

Also crazy how close the BE was to being hit before that move up.

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You can lead a horse to water, but you can't make it drink
  • #1,404
  • Jul 9, 2025 9:25am Jul 9, 2025 9:25am
Quoting xkwisit2001
Price is currently at the daily open line hence the resistance. Hopefully it breaks... could reverse but I am going to keep holding. It's risk free. Also crazy how close the BE was to being hit before that move up. {image}
Nice catch! Price could start to stall/oscillate around that area
  • #1,405
  • Jul 9, 2025 10:01am Jul 9, 2025 10:01am
Looking good here

Decided to actually close it though as I am anticipating a pullback possibly to 3300 so I might as well catch the next move.

200 pips but I don't really worry about pips as I calculate entry with a position size calculator so all about the RR.
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You can lead a horse to water, but you can't make it drink
  • #1,406
  • Jul 9, 2025 10:13am Jul 9, 2025 10:13am
This is what the position I took looked like.

8.7R

So using nova you can take 1 trade and let it run.

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You can lead a horse to water, but you can't make it drink
  • #1,407
  • Jul 9, 2025 10:29am Jul 9, 2025 10:29am
Today made me realise two things: I still have a lot to work on to be profitable (Had a lot of trades today where I thought I saw an opportunity and went to my SL instead, and those... added up quick), but also realised the prop firm I use is absolutely terrible, both in general and for Gold spreads.
  • #1,408
  • Jul 9, 2025 11:05am Jul 9, 2025 11:05am
Looking at DAX40 today - with trends like this you'll be extremely profitable with nova wow.

Clean 22.2R from the first nova signal if held to that point.

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You can lead a horse to water, but you can't make it drink
  • #1,409
  • Edited 11:25am Jul 9, 2025 11:11am | Edited 11:25am
Quoting MonarchZ
Today made me realise two things: I still have a lot to work on to be profitable (Had a lot of trades today where I thought I saw an opportunity and went to my SL instead, and those... added up quick), but also realised the prop firm I use is absolutely terrible, both in general and for Gold spreads.
Same like me .but nova is very good. A careful approach will surely yield good results
  • #1,410
  • Jul 9, 2025 11:28am Jul 9, 2025 11:28am
Quoting MonarchZ
Today made me realise two things: I still have a lot to work on to be profitable (Had a lot of trades today where I thought I saw an opportunity and went to my SL instead, and those... added up quick), but also realised the prop firm I use is absolutely terrible, both in general and for Gold spreads.
Look on the chart for when NY enters (crossover) - you'll find price will often trend nicely after. Not sure which times you are trading.

But go back to every day and see the difference. Once that EMA flip occurs you hammer it but like what I did today it's probably easier to just take 1 single trade and let it ride to a HTF POI.

Today was a perfect example of following HTF as I noticed we were trading around 70.5% fib area so on the M1 I was waiting for the signs of reversal which was the liquidity grab and thats when I decided to look to pull the trigger and hold.
You can lead a horse to water, but you can't make it drink
  • #1,411
  • Jul 9, 2025 12:09pm Jul 9, 2025 12:09pm
Quoting xkwisit2001
{quote} Osserva il grafico per vedere quando NY entra (crossover): noterai che il prezzo spesso segue un trend positivo dopo. Non sono sicuro di quando stai facendo trading. Ma torna a ogni giorno e osserva la differenza. Una volta che si verifica l'inversione della media mobile esponenziale, la colpisci con forza, ma come ho fatto oggi, è probabilmente più facile fare una singola operazione e lasciarla andare fino a un POI HTF. Oggi è stato un perfetto esempio di come seguire l'HTF, dato che ho notato che stavamo negoziando intorno all'area di...
Hi xkwisit2001! I've been following the last few days from the shadows. Congratulations on the work you're doing. I wrote you privately; please reply if you can. Thank you.
  • #1,412
  • Jul 9, 2025 12:55pm Jul 9, 2025 12:55pm
FOMC minutes coming up in a few. Better to close all open positions
MM
  • #1,413
  • Jul 9, 2025 1:00pm Jul 9, 2025 1:00pm
Bit of a drag today trading nova on gold throughout the trend but it still managed around 9R and was profitable.

Yes not as pretty as it can be but still... even 2R is enough for most people so it is massively profitable.

As I said before, 1:1 set to break even to eliminate losing but if we took the BE as losses it would have been 6R with 2 positions not hitting yet (? mark ones).

I'd take 6R all day but this is showing everything more or less even low quality ones taking less context.

Context being that the traits of gold, it likes to take liquidity during the trend and only experience will allow you to be more prepared.

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You can lead a horse to water, but you can't make it drink
  • #1,414
  • Jul 9, 2025 8:43pm Jul 9, 2025 8:43pm
I took this trade during Asian Session and got 3:1 RR. It may even continue to the next 4H POI. I don't know if I should jump back in. Lol
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"For things to change, you have to change" ~ Jim Rohn
  • #1,415
  • Jul 10, 2025 12:52am Jul 10, 2025 12:52am
Quoting xkwisit2001
More from GOLD, as you can see it doesn't win every trade but the 1:2 is what works for your balance The system allows for you to make mistakes and lose but the next win will be around the corner {image}
When do you make it to breakeven?
Find it The Best Entry Points
  • #1,416
  • Jul 10, 2025 2:12am Jul 10, 2025 2:12am
Morning trage.
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These violent delights have violent ends.
  • #1,417
  • Jul 10, 2025 4:45am Jul 10, 2025 4:45am
Good morning, after yesterday's terrible trading day, I am taking a very conservative approach, had these 2 trades at 1.5R. I have one more DAX40 trade in progress, but I'm not so confident about that one even reaching 1R.
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  • #1,418
  • Jul 10, 2025 5:07am Jul 10, 2025 5:07am
Quoting MonarchZ
Good morning, after yesterday's terrible trading day, I am taking a very conservative approach, had these 2 trades at 1.5R. I have one more DAX40 trade in progress, but I'm not so confident about that one even reaching 1R. {image} {image}
Your first chart shows no reason to enter a long. You were below EMA (maybe your strat is to trade the retrace back?) and there was no signal from Nova. Lucky to get anything.
Also if you state the asset and time frame of your chart it is easier for someone to check and offer an informed opinion.
Its all just one persons opinion
  • #1,419
  • Jul 10, 2025 5:13am Jul 10, 2025 5:13am
EURAUD entered M5 closed on M1.
35
pips

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Its all just one persons opinion
  • #1,420
  • Jul 10, 2025 5:43am Jul 10, 2025 5:43am
EURAUD again M1. 10 pips so far still in.

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Its all just one persons opinion
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