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  • #2,501
  • Apr 3, 2026 7:49pm Apr 3, 2026 7:49pm
Quoting OMShabibi
{quote} what pairs do you trade the most and most times when you move to BE does price come back to take you out then move to it's intended direction And if I may ask since you have been using nova have there been any improvement to your trading specifically win rate and overall profitability
I trade currencies relevant to the trading session im trading. So during asia, JPY pairs, NZD, AUD. during London Eur, GBP etc. Highest volume preiod is NY london overlap, if it suits your time zone. I like BTC and gold because its generally high volume across most time frames, BTC less so recently. But you need to be sure the broker feed you are using for Nova is a good reperesentation of volume for the pairs you are trading. Check the early posts on the thread.
When i say BE its ideally at a point where I can lock in some profit but at minimum its BE. Yes sometimes its taken out, but at that point Ive usually made my money so I leave the trade open in case of a bonus. Sometimes its good sometimes its just ok. I dont pretend to get every trade right not by any means,but bad entries are usually proven wrong very quickly and closed manually. Nova signal on its own is not a gurantee of success. I have traded many different styles/strats over the years, in recent times (18 months) ive preferred short term trades intraday. I still enjoy exploring what others do, but Nova is always on my screen and ive learned it doesnt nee to be over complicated.
Make sure you read the posts here from OP and others who have plenty to offer and trade differently to me.
Its all just one persons opinion
  • #2,502
  • Apr 4, 2026 12:01pm Apr 4, 2026 12:01pm
Quoting axecap
{quote} Possible the new update coming may have some more alert settings. I use a custom triple ema indi with many alert functions across m15 and m2 . With V6 of pinescript alerts are more flexible. By combining the ma alerts and the signal line on nova i can get a heads up before something happens. a bit clunky and many false alerts as in there isnt a full set up. To just get alerts when conditions are right for the perfect entry is not really possible for me as ther are a number of variables as to why I will or wont enter. However my favourite...
i can build for us a simple alarm or strategy to trigger all those condition. If tou have time just write the logic and i’ll get this done. My target is to have an alarm every time the nova could be needing to have a look at it and decide based on how close it is from major suport&resistance . For the moment I made a tradingview strategy that will trigger once emas are stacked and in an angle and the price breaks ema 100 ema150 or as well ema 200 and then if it pulls back to over ema100 to trigger the let’s say buy conditiin or alarm . I only done this cause i’m not sure what nova is using or what formula it has for deciding volume is back in the market.
  • #2,503
  • Apr 4, 2026 4:39pm Apr 4, 2026 4:39pm
Quoting dxtinct
{quote} i can build for us a simple alarm or strategy to trigger all those condition. If tou have time just write the logic and i’ll get this done. . For the moment I made a tradingview strategy that will trigger once emas are stacked and in an angle and the price breaks ema 100 ema150 or as well ema 200 and then if it pulls back to over ema100 to trigger the let’s say buy conditiin or alarm . I only done this cause i’m not sure what nova is using or what formula it has for deciding volume is back in the market.
I have produced the EMA indicator with the alerts as per my post. Im just working through which are actually useful and trying to corelate time frame behaviour and Nova signals so that I can get m15 ema behaviour corelating with m1 behaviour (or m2) and nova entry signal..... Or more likely M15 ema alert trigger when m1 is getting close. looking for a balance of early enough alerts but not many false alerts. May or may not end up being useful.....but its work for a riany day We should compare notes down the track
Its all just one persons opinion
  • #2,504
  • Apr 4, 2026 8:07pm Apr 4, 2026 8:07pm
Quoting sam1stclass
Hi everyone, I am new here to the Nova system. Making my way through all 125 pages to collect all the nuggets of wisdom, but focussing on the techniques written on first page and the updated page. I've been playing with it for a week and am 2 days in profit, 4 days negative. Today I had a terrible day on the charts and have a screen shot to share with you from the EURUSD. 6 losses in a row. (only 4 shown in screenshot) 3 questions I have so far: - Is EURUSD and USDCAD a good currency pair, or do you only like gold? - When I look at the screenshots...
Hi Sam,
Don’t forget market structure. The old Higher Highs/Higher Lows & Lower Highs Lower Lows. EMA’s and Nova are great supporting indicators but market structure is the roadmap with Nova being great for confirmation. The EMA flips as xkwisit describes them are good for spotting a fake out/trend reversal/reset. Always keep an eye on the bigger picture unless you are very short term return to mean scalping.
Cheers
  • #2,505
  • Apr 5, 2026 1:53am Apr 5, 2026 1:53am
thank you very much for that reply! Do you have any recommended resources for me to solidify my understanding of market structure?

Quoting DwnUndrTrdr
{quote} Hi Sam, Don’t forget market structure. The old Higher Highs/Higher Lows & Lower Highs Lower Lows. EMA’s and Nova are great supporting indicators but market structure is the roadmap with Nova being great for confirmation. The EMA flips as xkwisit describes them are good for spotting a fake out/trend reversal/reset. Always keep an eye on the bigger picture unless you are very short term return to mean scalping. Cheers
  • #2,506
  • Apr 5, 2026 2:41am Apr 5, 2026 2:41am
BTC eazy squeezy.... breakout.

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Its all just one persons opinion
  • #2,507
  • Apr 5, 2026 2:57am Apr 5, 2026 2:57am
So BTC m15 nova giving a signal. ema's about to flip, but an H1 liquidity /FVG above so wait. looking left higher volume (shaded area of nova) has been to the upside , now downside, so caution.
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Its all just one persons opinion
  • #2,508
  • Apr 5, 2026 3:08am Apr 5, 2026 3:08am
Quoting axecap
So BTC m15 nova giving a signal. ema's about to flip, but an H1 liquidity /FVG above so wait. looking left higher volume (shaded area of nova) has been to the upside , now downside, so caution. {image}
so getting closer if the gap gets touched and then we get a new signal on m2 thats my favourite entry.
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Its all just one persons opinion
  • #2,509
  • Apr 5, 2026 3:22am Apr 5, 2026 3:22am
Thats my entry point if i drop to m1/2 and nova gives a signal.
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Its all just one persons opinion
  • #2,510
  • Edited 3:47am Apr 5, 2026 3:36am | Edited 3:47am
Looks like gap may not filled, but because of BTC
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weakness and for many other reasons i will still take a short on m2 if i get a nova signal.
bare in mind this is a holiday weekend with low volume but it gives me the chance to show my method.
Its all just one persons opinion
  • #2,511
  • Apr 5, 2026 4:15am Apr 5, 2026 4:15am
Quoting axecap
Looks like gap may not filled, but because of BTC{image} weakness and for many other reasons i will still take a short on m2 if i get a nova signal. bare in mind this is a holiday weekend with low volume but it gives me the chance to show my method.
Fantastic blow by blow insight into your thought and trading process…
  • #2,512
  • Apr 5, 2026 4:19am Apr 5, 2026 4:19am
Quoting DwnUndrTrdr
{quote} Fantastic blow by blow insight into your thought and trading process…
bit like watching paint dry given the weekend
Its all just one persons opinion
  • #2,513
  • Edited 4:44am Apr 5, 2026 4:32am | Edited 4:44am
Gap closed on M15. so next short signal on M2/1 nova i would take. slow going because of low volume but hopefully this helps some.
edit....only if price remains below ema's
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Its all just one persons opinion
  • #2,514
  • Edited 4:54am Apr 5, 2026 4:41am | Edited 4:54am
Quoting axecap
{quote} bit like watching paint dry given the weekend
I can definitely relate.. I had Bloomberg on Good Friday night time here in Australia, and saw breaking news headline that a French tanker had traversed the Strait of Hormuz... the technicals aligned with this fundamental news story and I took a long on AUDUSD (Risk on)... exited about 2 hours later for 4 pips profit
  • #2,515
  • Apr 5, 2026 4:43am Apr 5, 2026 4:43am
Quoting DwnUndrTrdr
{quote} I can definitely relate.. I had Bloomberg on Good Friday night time here in Australia, and saw breaking news headline that a French tanker had traversed the Strait of Hormoz... the technicals aligned with this fundamental news story and I took a long on AUDUSD (Risk on)... exited about 2 hours later for 4 pips profit
Its all just one persons opinion
  • #2,516
  • Apr 6, 2026 11:00am Apr 6, 2026 11:00am
Be back active tomorrow

Easter holidays so been with the children the past week but we go tomorrow.

Look at this textbook PDL PDH move on GBPUSD though

Around 24R - crazy!

Hope you all had a great weekend and easter if you celebrate it.
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You can lead a horse to water, but you can't make it drink
  • #2,517
  • Apr 6, 2026 12:55pm Apr 6, 2026 12:55pm
Quoting xkwisit2001
Be back active tomorrow Easter holidays so been with the children the past week but we go tomorrow. Look at this textbook PDL PDH move on GBPUSD though Around 24R - crazy! Hope you all had a great weekend and easter if you celebrate it. {image}
That's nice, but 99% of people probably wouldn't hold it for that long. They'd rather break it down into individual signals that would still give a nice evaluation.


Otherwise, I hope you enjoyed Easter and weren't just on the chart.
  • #2,518
  • Edited 2:42pm Apr 6, 2026 2:13pm | Edited 2:42pm
Quoting Mathony
{quote} That's nice, but 99% of people probably wouldn't hold it for that long. They'd rather break it down into individual signals that would still give a nice evaluation. Otherwise, I hope you enjoyed Easter and weren't just on the chart.
Not true

Some people take this on the M5 and get 2:1.

But you're right... M1 gang will find it hard to hold if they are used to scalping.

Once you move from a higher tf to a lower one for the micro entry then you can hold

I came from H4/H1 to M1 and made the most money I ever did just by optimising the entry.

Today was first day back on the charts though xD

See same trade but Nova on M5
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You can lead a horse to water, but you can't make it drink
  • #2,519
  • Apr 6, 2026 5:17pm Apr 6, 2026 5:17pm
Quoting xkwisit2001
{quote} Not true Some people take this on the M5 and get 2:1. But you're right... M1 gang will find it hard to hold if they are used to scalping. Once you move from a higher tf to a lower one for the micro entry then you can hold I came from H4/H1 to M1 and made the most money I ever did just by optimising the entry. Today was first day back on the charts though xD See same trade but Nova on M5 {image}
Well, for example, I personally still don't know whether to trade on M1 or M5, because it seems to me that I only have 2-5 gold trades per day on M5 (I only trade in Asia and London shortly before the NY open) and I have much more stop losses on M1. For example, today I ended up at -0.5%, because I opened positions on M1 and only three on M5, one was profitable, the second was losing and the third I had to close on BE, so I need to figure out why the minute timeframe is giving me problems and M5 is much better. (But it's still a small sample of trades)
  • #2,520
  • Edited 5:54pm Apr 6, 2026 5:31pm | Edited 5:54pm
Quoting Mathony
{quote} Well, for example, I personally still don't know whether to trade on M1 or M5, because it seems to me that I only have 2-5 gold trades per day on M5 (I only trade in Asia and London shortly before the NY open) and I have much more stop losses on M1. For example, today I ended up at -0.5%, because I opened positions on M1 and only three on M5, one was profitable, the second was losing and the third I had to close on BE, so I need to figure out why the minute timeframe is giving me problems and M5 is much better. (But it's still a small sample...
Yeah but... It's a bank holiday so you shouldn't take any trades really.

If you use a higher timeframe then have a target that is further. M5 is fine to use but I use M1 personally.
You can lead a horse to water, but you can't make it drink
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