I'm not sure what I didn't like about the Gold setups today, but it would have been a decent long trade. Plenty of entries after the news.

Nova Volume Trading System

Didn't like much of what I saw today. USDCAD played out about as anticipated. USDCAD has been on a long run but started to break down yesterday. The ascending triangle leading up to the new hour was probably a trap for longs to re-enter. It may go ...

Nova Volume Trading System

NAS - not one that I would normally take before the equity open but tight consolidation leading to a news event and a breakout. Took most off at the previous day close and trailing the remainder. image

Nova Volume Trading System

SP500 - D1 lower low, H4 high breakout and fail (maybe a sweep?). Not quite to the rules but I guess we could consider it an aggressive entry. As soon as price comes back below the 200 and back inside of the H4 high. THe pullback give another entry. ...

Nova Volume Trading System

I do like gaps in the market. Below shows USDCHF and a gap from a couple of weeks ago that has just been filled. image On the H1 Nova gives an excellent indication of trending vs ranging. The gap gives something to aim at.

Nova Volume Trading System

Congrats

Nova Volume Trading System

I think it's just default Nova (xkwisit has changed a few colours from default), and an EMA ribbon. 50, 100, 200 from memory but any short, medium, long combination should be fine.

Nova Volume Trading System

GBPUSD - Yesterday was an inside candle. Today price hit the lows in London and looks to be heading for the highs. image Edit: First TP hit (yesterday's high), leaving a small position to see if last week's high is hit.

Nova Volume Trading System

Great job. You vs yourself is one of the biggest challenges to overcome. Too much screen time, over trading etc can be self destructive. I've had a great day and this has reminded me to walk away and do something else!

Nova Volume Trading System

I've never been very good at trading oil but this worked out well. The overall structure is long (there have been a few short days and yesterday was the first daily higher high). So with a long bias and knowing the oil markets start to pick up ...

Nova Volume Trading System

I don't think you could trade this (or any) indicator without supporting analysis. Gold - daily structure is long. We get a pullback coming into the US session a small double bottom and a continuation. Very tight stop and most of the position closed ...

Nova Volume Trading System

Excuse the squashed chart, but this demonstrates how well this indi works across markets. As someone else mentioned in the thread it's about the right market conditions. In this case, the right conditions take a few days to set up. A great setup ...

Nova Volume Trading System

Gold - market structure long. We get a high put in at the end of the London session and a pullback of around 0-70 pips over the next 2 hours. There is a reverse head and shoulder pattern and at 1330 (UK) the neckline is broken and Nova lights up ...

Nova Volume Trading System

Zoomed in a bit. You could set your watch on gold price moves. Stop hunting high and low, then on the new hour - we get the move. Nova was starting to show movement a couple of bars earlier. I'm not sure my other positions will survive the equity ...

Nova Volume Trading System

Higher timeframe triple top - could signify a bigger timeframe move - lets see. image Edit: 1st TP hit (1:3) - 2 left in Edit2: 2nd closed at ~1:2 and 3rd at BE - Bias could be switching as the market has now taken out breakout traders from the ...

Nova Volume Trading System

Absolutely. There were good trades across several markets yesterday. The US small caps (R20000) are breaking down this week and we on my radar. Yesterday gave a great short opportunity into the new hour after the markets opened. image Price was ...

Nova Volume Trading System

CHF/USD with red news for Swiss (CPI) at 0730 (UK). image An earlier entry is possible but price was coming up off of yesterday's close and on a higher timeframe the trend is long. A small trailer could be left on to see if the news volatility can ...

Nova Volume Trading System

US2000 A triple top at a swing high from Friday. And the market starts to break down. Entered around the previous close and trailed the M1 (price hit a round number, 2425, and pulled back) ~1:3+ RR image

Nova Volume Trading System

Gold long. Price has broken out of Friday's range, and looks to be trading back up. It could be a failed breakout (in which case we could see price go a lot higher), or a retest of the low (and a continuation short). Nice setup in terms of PA and ...

Nova Volume Trading System

US exchanges opened for 1/2 day Friday (closing early around 1300 NY)

Nova Volume Trading System