 Good morning traders and welcome to the book map live trading webinar. This is Bruce at book map. And so we do live analysis Good morning traders and welcome to Monday Tuesday and Friday at 10 a.m. And then the live trading is with Jay trader a stocks trader on Wednesday at 10 a.m. And then Scott Pulsini a futures trader At on Thursday at 10 We'll go through the disclosures here understand what you're getting involved with here And then we're going to dive right into the markets and go through a little bit of a recap from yesterday We saw it coming and I can't wait to go over that and then look at the live Market and see where price might be going next General disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice No recommendations Risk disclosure trading futures equities and digital currencies involves substantial risk of loss and it's not suitable for all investors Past performance is not necessarily indicative of future results. All right, let's jump right in and and take a look here S&P e-mini if you guys want to look at something else, let me know And we can see some sideways action here A move to the downside and then a nice move here to the upside with some pretty strong volume here at the moment Just looking in general here. I've got the hero indicator on as well. I'm gonna Actually was demoing that the other day. I want to make this just a little bit higher here so that We don't be distracted Don't get distracted here. All right, but still have access to it Wow looking really nice for high liquidity up here around 45 72 or or so 71 And taking a pause right now, but it's a strong move You know order flow wise we'd be looking for that, you know next level is liquidity here at 60 65 and then the 71 72 area here Just based on what we're looking at. We also have a lot of icebergs though at our just in this whole area here transacting any interesting insight there All right, and let's Okay, good morning Alan hear me loud and clear and also on YouTube. Good morning that All right, so yeah, anyway that before we you know kind of dive in here I mean, we just went over the general order flow here in the S&P Let's take a look at the higher time frame here Look at the daily over here on the left hand side the hourly in the middle here And then the 15-minute chart on the right hand side and we're just going to look at levels in here levels of interest And then we're going to look at the order flow around those levels now due to the time That we have for the webinar, which is about an hour to an hour and a half a nice chunk of time However, you know, we're not going to be Necessarily hitting higher time frame levels during this time. So we're going to go through many different examples of order flow The more the better. It's all the same stuff. It's all fractal So if you're trading on higher time frames, you can use book map. You can read the order flow So for example on Friday, let's look at the hour chart or even the 15-minute chart over here We were the webinar is right around this time here and yeah, here's 10 a.m. Right here on this hourly candle and We were looking for a continuation down into the swing down here 45 10 just strong candle here a pre-market and Well, I'm sorry that wasn't pre-market. That was That was yeah, it was the day before so Then You know, we opened up and kind of went back and forth in here and it was choppy very choppy But we're looking for the overall picture To come down and test this 45 10 level. You can see what happened. It did. It was a beautiful move We were just ending the webinar before that Kicked off and and we knew it. We're waiting for it to unfold and then Let's just take a look at this here and and understand higher time frame levels here So you can see for example, let's just zoom out a little bit more here All right, here's our higher time frame. Here's now. We're looking at a month of data on the Hourly chart. So this is a super strong move here to the upside Pullback is pretty strong too, but we're still in an uptrend. We're looking for the test down to this 45 10 and we would Because of the strong move out of this area here. We're looking for a bounce a nice bounce and it's still bouncing Okay, so looking for on the hourly chart. Maybe you can come up and test this 40 45 72 Okay, does that ring a bell? We were just looking at that area Let's look at the 15 minute chart over here 45 72 right around here Okay, maybe can even come up a little bit higher here Maybe 83 and we're looking at the 15 minute chart 74 up to 83 somewhere around in there Just by looking at when the sellers came in and when this dropped And looking for buyers to retest that that area back up in here on this higher time frame All right, so some good stuff in here and we were looking for that move to unfold It finally did but there was a lot of chop during Friday. Okay, so anyway, what are we looking for now? Well, yeah the move up into that 72 area and it rings a bell because that's where the high liquidity is right up here Hey 839 contracts up at that price level. Okay, the most in the order book right now You can see a little no, I'm sorry. It's more up up here at 85 Okay, so Maybe we get a test up into 85. Let's go back to our higher time frame here for a second 85 is up in here. These swings up here. Hey, these candles up in here Hey, so it's a pretty strong move so far Let's see if we can continue and get back up into these these areas up in here All right, so let me just mark this up Hey, and then 85 up here as well. All right, and yeah, we'll see if we get a move up into that area If we don't and this exhausts out and comes back down Well, we're looking to test the low here from from today or you know, maybe maybe back into the where it opened up here Somewhere around maybe 41 down to 43 Okay, and if we get a lot of sellers then we'd be looking for a move back down into this kind of 14 or 10 level That we're looking at on Friday. So just looking at some higher time frame stuff here Let's see the image is blurred really Cannot read the text at least all right. It should be pretty good. I mean we're let me let me see if I can Help out the broadcast here It should be on 1080p Hmm, and I know that it's on 1080p on the from discord Boy, okay. I'm sorry. I'm not really sure not blurry for you, Joe. Okay We can look at that So you want to look at spxl or the or tqqq? Sure, we can we can add those in Hmm, okay, I'm not sure if I XL okay, sorry hold on There we go and the cues as well All right We'll take a little wait for a little bit of data come in on those and we can take a look at those in a bit Just remind me. All right Okay. Yeah, so yeah, I'm sorry Victor. It looks like everyone seems to see it fine there. It looks like it's just maybe Maybe your setting on YouTube there All right, so click on the kind of setting button there Yeah, I have it on 10 1080p high definition. All right, let's continue on guys Yeah, thanks gula. Yeah, looks like good. It looks good there The cqg and IQ feed work on book map. Yeah, absolutely for a long time We we just prefer rhythmic they offer full depth of market compared to those and they also uh Rhythmic offers market buy order data, which is pretty pretty incredible the stops and icebergs. We can see here On chart and and then in the sub chart here so We'll we're already seeing some some interesting stuff here on the Stops and icebergs You know the stop run to the upside icebergs on the other side here after the stop run actually so You know, it's About around two thousand in here is quite a quite a few in here So there's already larger players getting involved in here And you don't see that liquidity getting filled in here because they're using iceberg orders And that's pretty pretty amazing transparency there So I mean this looks like a beautiful bull flag starting to shape up like a bullish bull flag You know strong move very Tight sideways range looking for continuation and we we look for continuation until We see something else. This is not a signal down here in icebergs. It's a confluence Okay, now if we start to see a lot of selling come in in here exhaustion Maybe up here and selling down here now we got something and looks like some sellers are coming in Let's see if them they can drop it down to 51 and 50 right now. We'd be looking for it. Okay, there it is. There's 51 already Let's get down into 50 here and they're pulling on the on the bid here Okay, quick move Good timing on that. But yeah, they can come down a little bit lower. Maybe down into this area Well, that that is 50. Okay right in there And that would be a pullback basically we're still bullish in this order flow in here All right Okay, so yeah, let's continue on this Let's jump in here and take a look at book map and see what's going on in here And we're gonna go through lots of different things You know low volume pullback This might be yeah, it might be a low volume pullback Let's see if we get buyers coming in we already traded into 50 and a little bit through it Looking to see if we get buyers and come right back to trade back up into 54 maybe or 53 and a half here So they're already starting to come in a bit They're showing on the bid here And and yeah, we're seeing some buyers up in here not quite ready yet Here we go second retest. Are they trading up here? Yes, we're looking to see them extend it here Let's see if the buyers can come in. They should be able to reach back up into about 54 Just looking at this small range in here And No, I couldn't do it yet. In fact more sellers down down at the bottom here. We got Mike at one more retest a Little bit lower into this liquidity here. We might we're watching it closely here Okay, they starting up. Are they buying up here again? This is exhausting out here Not yet. No insight right now Good morning, Alec. I can rhythmic log Log and be used on book map. Yeah. Yeah, that's how you do it You can purchase it through our website. We'll send you to the credentials through the marketplace actually not our website Let me let me show you where that is Just show book map comm actually. It's probably the easiest Book map comm click on more here and then marketplaces on the right hand side here Okay, you can go right to mbo bundle if you want or well, let's just let's just click on marketplace That'll take us to the marketplace. Here's rhythmic right here All right, it's 39 bucks a month for cme or you know cbot But if you want the bundle it's 99 bucks a month that would be all cme group instruments And then if you want the market by order bundle it is here And that's 134 a month Okay, and it's pretty pretty amazing transparency though like I was saying I mean the icebergs in here and they're still selling Yeah, I don't know. I mean to me like this still looks like maybe just a retracement back You know back down to these areas here vwap is here Okay, I mean maybe they can get down a little bit lower here, but we're still bullish on the order flow in here We're just looking for this to You know, maybe hit some of these levels here. We're looking for it here Uh that failed uh and we see more sellers taking it lower here now. We're down at vwap here and through it Okay, stop runs Okay through through vwap interesting Let's see if we can get buyers back up here and maybe a push higher Oh, uh alec. I mean through Through um it you never got credentials through um Uh the marketplace they're pretty quick Oh, yeah, if you're using it through the broker, um, uh, it's no problem. I mean you can very very easily um Just input your credentials from your broker All right, let's see if we can get back up above vwap here. It's kind of an over under here Here come the buyers looking for them to lift it back up to about 50 here Hey, there's a lot of selling in here, but we're already kind of above the majority of it So I'm looking to see if we can get back up to about 50 From 47 here Uh, you know kind of below it and then you know move back up with a lot of people got stopped out There's a pretty strong move though from what 53 on down to 45 Okay, we're just looking for these buyers to take it right back up though to about about 50 Yeah, try that and I I mean boy the the marketplace. I mean you you purchase it and they'll send you I mean, uh They'll email you the the credentials. Um, I mean it'll it'll take maybe um, I don't know an hour or a half hour Something like that and we have to go through through rhythmic Um, but uh, once it's all set up and then you're all set All right guys, so there's our retracement back to 50 here. Um, not really digging the the order flow here, uh, the um The strong selling, um again strong selling here And it's not a whole lot of buying but the overall picture like we said, you know, we were looking for that pullback um Up here. We weren't looking for the pullback. Uh, it was it was strong Um, like a strong bullish kind of pattern here. Um, you know strong move and then Um, just tight range going sideways looking for another strong move Okay, well that didn't unfold. We see the selling coming in they they took it down to 50 We were looking for that and then we're looking to see if we can get maybe bounce off of 50 and come back up into maybe 60 and and continue Uh sellers came in again. We got the move back down into VWAP There's a beautiful retracement for you. Uh, and then we're looking for the bounce out of that area Which is uh happening right now. We're up to 50 or almost 52 now Uh, and let's see if we can get that trend continuation So strong move pull back strong move again here So, uh, yeah looking for buyers to try to take it back up into Uh, point of control of this little range up here around 55 Okay, and there's liquidity right there. So that would be the target right now It's just that the buying in here is not quite as strong as the selling was I got Bonnie Jeff. Uh, it's a way to hide the, um right side Uh Not is there a way to hide the right side? Um List in discord, um In discord, what what you do is uh, let me show you here Okay so, uh In in discord, I'm in the I'm in the the, um Advanced webinar chat room here right now Oh, okay Yeah, there well you have to go to youtube right now I mean you can you can access the voice in here, but the youtube is is there's there's This is the problem we have with discord. Uh, it maxes out at 50 here and there's 62 in here right now Um, but yeah, you'll get the voice channel. Uh, and uh, or you know, 12 people We'll we'll still get the voice channel, but they'll they'll have to go to youtube to watch the uh the stream there and Yeah, that's uh where we're all going uh toward it just because of this limitation We'd like to stay in discord, but uh, we have to go over to youtube Um, so, uh, anyway, um the way to uh pop it out here if you do have the discord stream Going on Click on it here. I've already popped it out. Um, so let me pop it back in I guess Yeah And if I click on the users All users Well, anyway, like you'll see all the users in here. I don't want to mess this up and uh, uh, and then uh, you in the bottom right hand corner here you click on the stream Uh of my stream in here, uh, and then you pop it out like this Okay, and then uh, and then you can come up here to the chat Uh in the advanced webinar click on that Uh, and now you've got the um window popped out Okay, so you can see uh, what's going on in here on my screen All right. I don't know if that answers the question uh for you, but um Yeah, youtube is streaming live, uh and buds Uh, just go to our channel and you'll see it. Uh underneath Uh, you know it says live streams Yeah, in fact, I need to check up on that Yeah, you know where I mean, this is kind of um, uh happy to uh answer any questions, um, truly Um, you know what what you guys might have about book map and and what an iceberg looks like, etc Uh, however, um this, um I mean, uh, I can point you to um, some of the references for it and we can we'll cover it, uh However, this is the advanced webinar. We're going over order flow and price movement in action where price might be going So like we're back up to our our level here our high high uh volume node at 55, right? So this was a nice move back up and let's see if we can get more buyers back up in here to move to 60 now Right, we're going to we're going over. Um Live uh market analysis and then giving insight to where price might go by reading the order flow So it's not so much about, um Going through the different features and book map Okay, we can have other webinars for that Uh, no, no, you can you can join our our, um, just click on the more button on our website and you'll see a link in there. Um, edit um to um The discord, uh, and then you can join our discord through there Yeah, so, uh, okay. So the the icebergs in here. Well, you know, the blue line is showing it as like kind of a cumulative volume Um, a delta of uh iceberg. So we know there's a lot of selling icebergs in here. Um, Yeah, this is looking good guys. I'm looking for the breakout here. Okay, see see they're they're Higher highs and there's more volume up here I mean, I don't like that. It's kind of dark underneath. We might get one really quick push back down here But this is looking good. It should break out up into 60 here And there we go. Is that 58 already? Uh, looking for more than that Uh, look at beautiful stop run here as well Okay, that that's kind of anticipated Retest immediately to where it broke out from Still looking for continuation here up to 60 until we see something different Okay, now this this is what I was talking about though. See see the selling coming in here and they're just kind of dumping right now um And they looks like this guy got filled here on the uh, this is a this is a wicked little move in here Uh, this larger player like came in dumped very very quickly hit some stops and then threw in a limit order here Very high size like 200 Right here on the best offer But buyers took him on and uh, and traded so that that guy that was short in here He got filled or You know that dumped in here looks like to me at least, uh, you know buyers took him on so he is short now Or or maybe he was taking profit. Whatever. It doesn't really matter. We just know that that those got filled Okay, anyway, that kind of this kind of movement in here I mean, maybe maybe we'll see a larger player here. They are again. It looks like the same actor Okay, uh, anyway, we kind of We're wondering if the the main order flow move is to the upside However, we did note that it's kind of dark in here and we want to be kind of careful about that Uh, if we if they're bidding up and they really mean to stay in the order book and they maybe get filled or You know, we it just repels the sellers and we find more buyers. We should come up into 60 Shouldn't be a problem and that's the typical Um, order flow move now. It's not a trade recommendation at all. It's just an order flow insight So, uh, yeah, we're kind of struggling here. Um Buyers are struggling And this seller, you know, you you'll see now we've seen this move so many times Either they've sold a few times and they're out and done If this ship is going to turn around and like, you know That bullish action that we saw and then it to kind of turn south Um, the way that that happens typically is over time You'll see this dumping dumping again dumping more It maybe happens like three four or five times before You know, it kind of clues sellers in uh to go, you know to start selling Okay, else it's maybe some profit taking or maybe they got it the wrong way or whatever But we're looking for the continuation All right, and and it's playing out pretty nicely. So we're almost up to about this 60 level This is quite typical kind of, uh, uh, action and just to really kind of, um Confuse things and convoluted the order flow in these areas here Uh, and the way the way that we can, um Not get shaken out, uh by some of these things is to understand the market structure uh and acceptance and rejection around areas and Understand the order book and and the volume and where it's transacting. So we're back up in here Uh, still this player there's a player up here and he just got filled. So I was still looking for this to go higher now Okay, right in here Yeah on the offer. I got filled by the buyers and and we went a little bit higher here And now we're below that area So that's kind of interesting, uh Interesting little read here Okay, the structure is still bullish in here Okay, it's still making higher highs and higher lows in here. So we're just looking for continuation still Don't like that is dark underneath here. The the the bid is they're down here at 55 Uh, we want to see them bid up in here And we want to set we want to find buyers when we want to see them pull on the offer They're bidding up looking good. We should they they should take these guys on here at this 58 and a quarter And they're starting to pull a little bit Yeah, interesting algal activity in here Pulled added higher, but then pulled at the last second Okay, let's see if they can do it here looking for those buyers take take these guys on at uh and trade through I want to see them trade through 58 and a quarter and up into 60 here Not yet. No buyers up here. If we get another rotation to get buyers up here. We should get the break Okay, starting starting to transact a little bit. Let's get a little bit more up here I can't do it Okay, we can look for sellers at the bottom end of end of this small little range in here If we get sellers in here, they should be able to break it down into 55 54 and 53 Okay, this little structure in here is actually bearish All right, let's see starting to get some transactions down here No Not we're up here again All right buyers you should be able to do it now they've got enough buying pressure here They should be able to break it up into 60 here. Okay, they're on the bid. We're finding buyers. They're pulling on the offer Just need a few more buyers and we should get the move up into 60 here It's just based on the order flow here more icebergs in here Not many though All right starting at auction again up here. All right buyers. Come on Come on. You've got it They can't can't seem to do it Sellers take it right back down here Do you want to be careful here on this one? I mean it didn't these are lower. It's a lower high in here Compared to over here So structurally if we get sellers down here, here we go. All right. No, we get sellers down here Okay, they should be able to take it down there. We're back to that 55 and 54 53 On the sell side here buyers just couldn't take it here All right, and then if we get our sellers down here, we should we should get them to follow through to the to the downside here Okay, 54 looks like a good area here Uh, here's our profile. Uh, here's the kind of bottom of the range here And maybe even a little bit lower 53 Basically Yeah, I'm not getting just Waiting for one of these scenarios to play out and it it it's really kind of Um hard to read right now Which one? We're not seeing too much of conviction here On one side or the other So, you know, we're we're reading it and we'll still look for it. Um For one of these scenarios to play out Uh, it's just not high probability. It's not looking that good We're looking for something that offers more clarity into the larger players activity Here here we go. There's a bit more here now. They should be able to drop it down into that 53 We're already downed into 54 So they're they're gonna they should follow through to the bottom of the range here Yeah, we're already there 54. They should be able to get it lower though 53 Yeah, not bad not bad on the sell side You know, we've gone from like about 56 to 53 now we talked about this the other day This for the s and p Uh, and we'll take a look at some stocks that were requested earlier But for the s and p this is about a three-point move And the selling is not bad in here. It's it's pretty good Is that enough though to drive it away from a value area? Okay, and maybe the smaller value area up here. Yeah, um, but It's you typically from what we've seen over the years here is we're looking for more than three Else what happens is two to three points And then you can get a move right back up into this previous value area on the buy side See the buyers are already back up here and they're gonna stop out anyone that went sell side here See how we're kind of already above it and and the buyers can take control here And we should get a nice stop run to the upside here and finally we'll get up to 60 Okay, so this is a false breakdown here And this is uh, it meets that condition even though they're selling in here the condition is met that Um, it was it did not have the points move and now we're looking at the the uh, A short squeeze to the upside here Okay, does that make sense? I want to make sure that this this point is clear. We can see the line right underneath here Okay, where it broke down from and then where buyers came back in here Okay, looking for we're already back up here. We're looking for that breakout before now buyers totally have it They should be able to do it Okay, and they should be clear, uh, they've got a squeeze here They should be some stops up here that are triggered. We're waiting for that red line to spike to the upside We got some icebergs Okay, now we're looking for some stops too All right tricky stuff, but uh, we got some got some clarity in here Yeah, we'll take a look at that spxl and those cues I just want to make sure this point is clear. Um And let me get caught up in here a crisp before you came on it 948 a big move to the upside. Um Why would the bulls back off? Um, I you know just It's just the market, uh, just you know, not enough not enough buying pressure You know they they um for whatever reason, uh, we're you know, they took it took it up this amount and and then uh and then we had our our our huge pullback here Okay, back to vwap a little bit below it here Now market we were looking for a more shallow kind of pullback here because it was a bullish structure here strong buying strong volume And then this was pretty bullish too that it was going sideways So we're looking for maybe a pullback to like this cluster or this cluster here Maybe it could bounce off of here, but then you know, we started we looked in here. We're looking here They had the buying pressure You know, there's buying up here. They they just didn't they didn't take it. We kind of rotate lower Then we're looking for our sellers back down into this. Um Yeah, 50 down to down to vwap. Basically, uh, we talked about the vwap um Reversion there, uh, and then looking for the buyers coming out of that area, too Uh, it just didn't like the the buying in here. Okay, we're looking for a pullback Uh, and then the buying in here was just not that convincing Uh, but we we're looking for at least to move back to about 50 Okay in here, uh, and then talked about 55 being the kind of high volume node up in here in this liquidity here And it pulled back pretty nicely to that And then we're back up in this area here Okay, so bulls can take it again. They and we're looking for them to charge back up into 60 Uh, and they're still struggling And then that's when this bigger player came in here and started to dump Nice little algo in here Trying to maybe ignite stops there And uh, yeah, they dumped a few different times in here and kind of you know Well, we talked about it how it can kind of turn things around a bit I'll go in here yet again And he's still in here. He just did it again All right, look at that action right there Now there's some stops in there, but it's not all stops at all Um, it's it's not all That's pretty it's pretty good stop run So yeah, anyway chris. It's uh, you know it order flow I mean or the markets are dynamic and the order flow, uh, you know We we capture the action though and that's why we can read it Uh and and start to understand who knows Uh, you know, why I mean it there really wasn't any kind of key level up there Maybe there was from the overnight, but I I didn't see it Or from you know another session or maybe some options trade or something like that Uh hero indicator, uh jill, um, I would suggest uh, um to go to, uh Watch some of our protrader webinars, uh, or go to the spot gamma website Also in our discord room. We have dug david and and others who are experts with the, uh Spot gamma products and options and you can watch some of the dugs videos as well There's an AMA and also a protrader webinar Some good stuff in there. All right, let's take a look at these stocks here quickly Okay, all right now we're going to cover this here. This is a Pretty interesting to see um, and this is you know, this is not a This is fascinating actually, um I don't think I've ever seen this before uh Where lots of activity here and the way that this product is used, you know, these these sp Uh, you know ETFs like sp y etc. There's a ton of arbitrage and hedging And these are larger players positioning for that and it looks like they all kind of shut down here I just just around 10 15 Not all of them, but a lot of them And then now we're you can see they're still in here some of them, but just not as much liquidity And let's see what we see here same same activity here Basically a beautiful pullback And then a bounce Back up into the highs here. So it looks very similar The liquidity does not okay. It looks very similar to the s and p e many Qs is going to be similar Same activity in here Unless someone wants to enlighten me on what might have happened in here around 10 15 I don't really understand that like I said, I haven't really seen that Usually it's at 9 30. You'll see it just light up. Um But anyway Yep So, uh, yeah, it came back up into this liquidity up here in the cues And then right back down Yeah, the ETFs are more difficult, I think too sam just because of the way the products are used I mean if you look at the the currency futures as well, it's kind of like that I mean not as bad as this, um, but the currency futures there's a lot of hedging Um, so You know, that's how those instruments instruments are used. So I think it's a little bit harder to read. You can read it I mean, uh, god, we've had just amazing insight um from Doug Doug plus has reached reached out or in the chat and and you know looked at High levels of liquidity like up here at this 60 and a and a half Right up here and they're still in the book like this is significant And so that's a big target for the buyers if we get enough buyers, we should that's where we should go Now line that up with your nasdaq e-mini And what about the spxl same idea? And where's that high higher longer? timeframe liquidity and don't see as much in here maybe you know Yeah, maybe up in this 123 area here All right, let's see what's unfolded here. We never got to 60 Yeah, this player came in and disrupted the whole thing Now we noted this this player how it takes a little while for it kind of turned things around here Um, he did it a number of times and then came in again and just dumped again Now this time very heavily here And you can see the disruption that what it what it what had happened here Hey, we were we were down below the range here. We've made a lower low here And there's still buying pressure coming in though as you can see in here Now has it kind of clued the sellers in to take this lower? Let's take a look structurally here. We did not make a higher high or even equal high here So if we get enough sellers yet again here at 52 51 and three quarters they should drop it back down in to 50 Here we go. Let's see if these sellers should be able to do it now Yeah, I was about to say the one caveat in here was it see is again dark up here They're not they're not adding on the offer So it's just one of those days. We're going to get this kind of back and forth in here Until we get like a you know a really nice, uh, um kind of higher probability now it dropped finally dropped, but uh You know be be aware of the the offer in here and the and then pulling on the bid as well If we want to look look for this to go lower here Becky the average pullbacks ranges. I mean like you can look at at rs. You can look at swings etc but Um, it depends on what time frame It depends on many different things Yeah, I mean if you're looking at standard deviations or whatever and you're going to have to do your own back testing to Determine that I mean what we've found is you know with the s and p e many Two to three s and p points it can do anything if it breaks above the range two to three points It may continue and we'd look for it But it also it's not quite enough to be that strong breakout and continuation to pull price away from a range And that's what we talked about down here this little area here around 10 10 35 to 10 40 Somewhere in here Yeah Let me get back to the discord uh guys here Sorry about that Okay, alan. Yeah, we can take a look maybe at the absorption uh indicator Yeah, I mean I don't want to go over too much stuff. Like I said, this is more about reading live Order flow and giving insight to where it might go next Okay, so we really want to like it's it's not so much about education on on the platform and and its features We'll do more um webinars though where we will do that So, uh, we'll we'll meet that demand See how see how the battle is kind of you were right back up here and and they're still buying pressure in here This there's one We're maybe a handful of players, but they're they come in here They're really trying to move price away or they're taking profits and dumping whatever the case may be there's still buyers in here Right and we can see this battle here we We're reading it right in the order flow I mean this is a larger player in here. They're you know, they're they're coming in and we can read how many are stops how many are um Uh, we can have this the stop uh indicator here on chart Oops, where's the on chart here? Okay, and let's show Stops and take off automatic threshold And look at all of them Okay, here we go So, yeah, I mean some stops were triggered. Uh, we know that um, we see actually a couple different small stop runs Which is kind of interesting Uh, the 55 and then eight but look at all this other volume in here Okay, this is a larger player And they just came in and just hit market sell For hundreds of contracts hundreds Right, and we don't know see how see how this is it's just so interesting to get this kind of insight See how these all 55 down here Are stops not not all of them or is it all of them? Yeah. Oh god. This is it's so it's it's kind of Kind of disgusting. Um, kind of sickening uh to see how this works Uh someone this is how you get slipped From here on down we don't know where those stops are But the larger player gets filled first and then anyone that had a stop loss in here Uh, they got stuffed and filled at the very very bottom here And it's just how the market works Okay, their orders come first Uh, it triggers your um stop loss order Uh, and then you get filled down here so, uh, yeah, it's uh It's just how the market is uh and and look in front of that We see an iceberg order now. It's only 10 Uh and fully executed here But uh another dynamic a larger player wants to get filled with your stops So anyway, nice dynamic to see there. You can see it right here in the sub chart as well And then some more more selling here You want me to turn that off Alec? Yeah, I am I am just fascinated by it. I really I mean this kind of dynamic to see Um in in the marketplace and this kind of level of transparency is just unparalleled Yeah, I'm going to turn it off. Um, we're just going to go get back to reading the order flow here Okay, and also let's just take a breather here and a bigger step back and take a look at the um, uh The higher time frame here So like this pattern here, let's see if we can get some follow through. What is it? What does it start to look like for you guys? And what are we looking for in this little area in here? Okay, we don't we don't know yet where this is going like, uh, I mean, I I do have a bias here to the upside Uh and just being because of this the strong buying in here And then this kind of again, this is a this is a bull flag And all it means is like return You know bulls come in return back to like the high volume node in here and now What we need to see is if we get more buyers to move it away from the high volume node. Okay, that's really critical critical right now Really critical Okay, now do we get them up here? It's it's starting to auction, but you see how again now it's dark under here So we don't uh, we don't have a full kind of like, um, uh high probability outlook right now I would still go You know kind of not a trade recommendation, but I'd still go with the upside here based on the order flow Uh, one caveat is to watch this larger player again Uh, are they going to come in here just with massive sell orders again? Well, he's already done it three or four times Okay, but see the bulls come in see them pulling up here They're not really adding on on the on the bid much so I don't like that Um, so, uh, anyway, we'd still we'd still go with the bias here to the upside until we see something different Yeah, so you can see sellers already brought it right back down to the bottom of the range And let's see if we get a return right back up there though They see how they pulled it right back to where these buyers initiated in this little kind of Consolidation period in the breakout. So let's see if we get more buyers down here Not yet Okay, and then this would be the under over here Above 55 see see the sellers here We can get buyers back up above here 55 then we should get a move right back up into the top of the range Okay, see how they're starting to kind of test that Let's see if they can do it now Yep, here they come All right, we've got buyers up here. They should be able to move it back up back to about 57 and a half 58 On choppy days, you see this just all the time in and the order book, you know, is kind of dark around those areas Uh, it really is but um You know, you'll see this order full of phenomena like this You know Sellers down here buyers back above it stop them out. I mean, they're just just and you'll see this a lot in crypto as well Let's see here Okay, jeffrey, that's fair uh poor poor choice of words as should Yeah, no, it doesn't have to do anything. Um, I agree with you on that Yeah, no, I totally agree with you on that um Yeah, I guess I I say should just because of the the order flow when it lines up You know, it it it looks like it You know, we're looking for that That retest or that follow through or whatever In the order flow Maybe I don't know likely Um, yeah likely or could May yeah, all right. Yeah, good good, uh um Good suggestion there. Thank you Uh, thanks alec. Um, no, I mean, uh, no, I I think that's a very very good suggestion So, um Yeah, tough reading here. I mean, I I it's just trying to trying to read this here. Um Move back down and see you see where the the strong buying came in here And uh, their tests the sellers are testing it lower Um, again, we can get that under over right here if we get our buyers here If we get our buyers up here likely the move would come right back to 55 Likely I guess one of the things I guess like with the order flow you can be I think you can be more confident. Um About it That's the the beauty of it. I guess that's why I've been using the word should Hey, here's our move to 55 now. Let's see if we can get a continuation as well It could be set up really nicely to come back up into Uh, our range we're looking for earlier here And at least to a high volume pro node in here 55 that that looks good or 56 somewhere around there uh Rugged man, you you would agree or disagree or you you you don't want you would prefer not for me to use should You agree with alec, okay Yeah, no, no, no, I think it's I think this is a very very worthy suggestion there. Uh, I Yeah, I appreciate it. Um Yeah, I mean we we we can't be more confident. That's really the beauty of order flow. It is an edge It is an edge uh reading order flow And and put that within a trading plan. That's really the key So here we are now. Now, let's see if they can really pick it up. We're already back up into here Okay, that was the scenario we're looking for in this small time frame here I'm still looking for them to take this higher We're back up here It's been very very choppy session still looking for 60 And and we've we still we still see that Despite this larger player that continues to come in and dump Multiple times here, especially this this one here. This is the biggest one Uh that we're we're still seeing buyers So we're still looking for this to go higher here and looking for the move up and stream right up into 60 I likely I like that I like likely Likely move How's the hero working with this market? I don't know. Um You can turn it on here Beautiful move into 60 still looking for continuation here It's 11 o'clock east coast time a little after 11 so Yeah, this this is see all this pattern that we've saw that we've seen all this back and forth in here But we're up here. We're transacting and we're seeing buyers up here And even with this kind of strong move and this this pretty deep pull back here But we're still seeing the buyers up here and and let's see if we can Uh get more buyers to try to lift it up into our our 71 level that we looked at earlier Okay, we finally made it to 60. I mean that took an hour Um 65 kind of area here would be the next uh area and then uh 70 here And let's just take a step back and look at our our higher time frame here And it makes good sense Here's 70 our 70 level is just up here actually 71 72 So we're gonna even bring this a little lower. I do like the 74 to be honest just by the structure here And wicks up here. So this is kind of the zone up in here Let's turn on our hero indicator. Okay, you can see the cumulative volume delta here So they're they're buying they're buying futures So that should help help fuel the you know, there's there's a confluence And that should help move Move the market higher now again like uh, you know these indicators like we've always said, um be Very, um aware of what your indicator is showing you Uh and how to read it Because it's really the order flow and the price action you want to read first. Okay, it rules the the the field here and then Next is looking for different confluences To add into it here. So, you know, this is a pretty good confluence if we Find buyers back up top edge here. We have the hero indicator showing that they've been The dealers have been buying futures Great. Now we have a good confluence And so based on hero in here We're looking for the breakout and continuation 65 and then maybe 70 here our higher time frame Uh, what's the difference in hero indicator and cvd? Okay, so hero is this is uh stands for hedge impact and real real time options Uh go to spot gamma on this or on our youtube channel. There's also Quite a few pro trader webinars we've had with brent and then also with dug plus So, uh, take a look at maybe some of those and see how they integrate it within their trading But the way this is displaying here is it's it's um accumulation so if There's a hedge impact that is positive number then It's a positive it it shoots to the upside if it's negative then it will kind of move back down and it just Tracks that it's always adding um and subtracting over time. So you can see here. This is a pretty pretty strong move here They've been they've been purchasing futures To um Warn off that or for their hedge impact here Okay, so if it's a pretty strong buying of futures in here, well, then let's see the move to the upside We already have pretty good order flow. Uh that supports it Brent said something really I mean he said at the last two or three, uh webinars. I think it was really interesting Uh, as you you see this ramp up here of um of buying Um, but then reading the flat spots is also uh very insightful Hey, so here here we go. This is what we're looking for and the move higher here 65 is our next level Um and We have some buying icebergs in here too Uh, so we have another confluence in there. We also have a stop run here that took place Hey above the swing into 60 Uh, and and we're finding buyers come in so we should get our move We are likely to get our move uh 65 and Uh higher time frame is up here around 71 the interesting thing that uh Brent was talking about in here was where It's different to read than like cumulative volume delta like uh with just regular volume Okay, we can turn that one on too. Let's turn off the stops and and icebergs And you can use use these two together as well So the light blue line here is Just regular volume in in cumulative volume delta fashion as well as the hero is the options um impact here in By cumulative volume over time as well. So it uses the same Um method for calculating it. It's just very very different readings here. So the different reading gives you different insight Brent talks about this move to the upside They've they've hedged now So now it flat lines and it tells you something that like okay Well, you know, they're not they don't have to hedge any longer. This this maybe this already has taken place So this move maybe has already taken place is something to consider And but we still see buying pressure up above. So we're still looking for continuation until we see something else That makes sense Does that make sense jeff? I hope so The cues are breaking out. Okay Thanks alec. Um, yeah, uh burt Matt matching up the structure with liquidity is a beautiful thing Absolutely It supports your your your thesis or your um, you know, your trade idea Absolutely, you know, it's it's advertising. Um It's like you you want to you want to meet sellers up here. Well, they'll sell to you Yeah, okay. I see you you responded alec Yeah, really it's it's You'll see like scott pulsini or j trader or just about anyone They're all looking at their Um strategies and they're kind of higher time frame levels and then they're looking at order flow around those levels So, you know, you can look at any kind of strategy you want And then look at uh, the order flow around those levels. So for example, this this bull flag in here That we're looking at Okay buyers sideways and then continuation So to understand if we're going to get that continuation or not we're they're going to look at the order flow So if you're a pattern trader or a volume profile trader or whatever it doesn't matter even candle, let's turn on some candles So you have a one minute candle stick chart here. Let's see Yeah Okay. Well bottom range is Is here we see some wicks down here a little bit lower here Maybe 59 and we see some selling coming in so all right So let's see the sellers reach down to here to 59 and maybe a little lower maybe 58 Right just based on this candle stick reading right here in the bottom of the range I'd like to see them come a little bit lower here 58 and a half would be just about right They know how it's all dark kind of dark up here, though Some buyers can fill that in Or the aggressors can So, yeah, not not really that we're back to that not being high probability So now actually now they're starting to come in here on the offer see that and we see the move lower here Okay, so now we should find some buyers down here Okay, based on the wicks and the candles And yeah, here we go. Here's a little bit on the bid 58 and a half And so let's see if they can pull it back up to here 60 and three quarters and unlikely because Order flow does is telling us something else Larger player came in 195 contracts here Which they hold about half so about a hundred Uh, and we're not seeing buyers in here. We're getting sellers down here So they should drop it to 50 or we're likely going to drop to 57 and a and a and a half In continuation here And then let's see if we get buyers down here now the due to the wicks It just kind of hits some stops down here Fill this liquidity down here And then maybe get some buyers now if we don't and we don't see that The next level would be down here or even this wick down here So now we're reading candlesticks and putting that candlestick theories type Of trading and pad candlestick patterns Into order flow You can do this with any strategy. That's the beauty of it What is the signal to have an entry? Well, you don't understand. Please explain So all right, so we're not calling entries. This is not a trading room This is not this is not trade recommendations. We're reading order flow Okay, scott pulsini and and j trader on wednesdays and thursdays will come in and they will they will trade the way They will trade live order flow And they'll they can explain their setups So I would recommend lang you come on Wednesday and thursday if you want to listen to them they offer educational services as well You can reach out to them directly And we're reading order flow and well if yeah, okay. Let's go. Let's go learn an example on an entry. I guess with A potential entry on on the stocks. I mean on the candlesticks here Okay, so now we just came back up. We have a small little range in here based on the candles Now if we get more buyers back up above here at 60 and a half or so Then that would be your signal and it according to candlesticks that would be your signal to buy right Okay, because there's sellers up here or the what you see the wick Okay, we're looking at this wick over here as well and some of these here. You can see an under over line right here Okay, so we're looking for if we can get buyers up here. We look for a breakout And we haven't gotten them up here yet In fact looks likely they'll trade right back down to the bottom of the range here 58 57 and three quarters Hey back down into these wicks down here Or this wick here Hey, not a whole lot going on right now It's kind of dark on either side here. We don't we don't really have too much of a Outlook right now Do the order flow really isn't telling us much here? Okay, well we found buyers down here before based on this wick and this bullish move Okay, but where do the buyers take place? This is the what candles can't show you because it's aggregated data the buying actually took place up here Not too much buying in here Okay, but based on the wicks in the bottom of the range you'd look for buyers to support it Maybe they can just bring it back up to 59 and a half If they can 59 and a half when we get buyers again here We should get up to or we're likely to get up to 60 and a half or 61 Yeah, here we go. All right, so let's see that buyers Back up into here now and then we're looking for Based on the candlestick Method of trading in here you'd be looking for buyers up into this area up in here And then for it to continue a breakout Okay, that would be your entry then right Somewhere around here Or maybe you bought down here at the bottom of the range and just trade it back up Or take some off here In the middle of the range or maybe you're holding for the other side of the range and your stops at break even It's as you can see it just opens a pandora's box on on like how you want to trade and where to enter There's so many different trading strategies And it just totally opens it all up And it depends. What's your time frame? What's your risk tolerance? Okay, well, we're still we're still seeing some some support here And they're on the bid here and we're finding some buyers Okay, so let's see if we can get back up to the top of the range now And get buyers up here. That's what we'd be looking for Uh, the under over line. Well, I've been referring to as pivots for years and just recently in the last few weeks I've been calling it under over line um I'll have to kind of look that up the terminology, but Basically, we're looking for like who's in control Down below this area. You see a lot of selling down below it and it kind of moves away from this and kind of Area where there was a lot of buying previously and they should we we would look for Buyers to support it up here and continue This is where sellers broke it down and you can see the retracement back to it here. So that's how we're drawing these lines Okay, and we're still below it here So we're looking though for buyers to upend it though and come back up above this line here Okay, now here's your candlestick pattern here. Okay now be careful here like it's still see how it's dark underneath here So this can be a nice trap set here sellers come in back down to the bottom of the range Okay, I mean if you looked at the bottom of the range in here and you're you're trading your candles And maybe you saw some buying coming in you're looking for either The high volume node or top of the range Take some take some off as a consideration for trade management Yeah, yeah captain price I mean it may it may take all day to get up into those Those higher time frames are higher levels like the 71 and 70 or 84 whatever it was Yeah, I agree with you. I mean there's a lot of chop going on here Euro USD The Lang is um It currency futures uh from the CME you'd look up the 6e contract Okay, and the month would be June So 6em And then depending on your broker It might be two it might be 22 That would be the symbol No, the hero is not free. Um, you can go to the marketplace book map marketplace and Look it up From is from spot gamma Okay, this turned into really range bound candle pattern here Okay, but still I'm really curious if we can get our buyers back up here again They're bidding up a little bit here. We're starting to get them starting to auction up here So this is all positive. All right. They're pulling here. Let's see it. Let's see it buyers. Let's see you break out now Trade up into and through this area here Okay, I like see you see the difference here in the order book that they're underneath here on the bid They're bidding up and they're pulling here and we're fine. It's auctioning up here. So we're looking for continuation here Okay, it's more likely it's more likely to unfold now Whereas when it was dark in here sellers could take it right back down really quickly Okay, and they're still actually able to do that But they're still on the bid here at these higher levels. So that's this is good Okay, and they did not trade through the high volume node here. The sellers did not so we're and we're back up here. All right now More likely we should get the breakout Yeah, well, there's a there's a big caveat as well, which I hate to say But I mean we got to be aware that the timings and the caveats here Uh, the european close is coming up in five minutes So we're going to get some volatility in here, which is going to kind of screw up our whole outlook on this So, you know, a trade consideration would be to uh You know either if you if you want to stick with this would you reduce your size a lot And then widen your stops out or just exit and wait for something clearer Because we just don't know That larger players been dumping maybe they'll bring it back down here and then come back up, etc And and that's due to the market timing Right now. It's not really. I mean the order flow still looks pretty pretty good here You know, they're still bidding up. We're still finding buyers. They have not brought it down below this 59 and a half here This is all good for for the bulls Okay, and we're back up here. Is it auctioning up here though? Very little. We need to see buyers here. There they go. There's a there's a little bit Let's get a little bit more there. They are okay buyers highly likely we should get a 61 and a half maybe up to 63 Let's see Yeah, I like I like this kind of 62 level, but uh liquidity's up here 64 65 Okay, there we go 62 already You know, I like it now again candlestick guys if you're trading candlesticks, you would take your partial profit up here You would It why wicks Okay, let's let's go. Let's take a look at our higher time frame. It's the same idea. There's wicks up here This is where there was rejection sellers coming in So, you know up into this 83. Yeah, let's just move this down a little bit 83 and a half that sounds good So, yeah We'd be we would look for sellers to be up here Okay, thanks for the insight guys and and uh Trapedity um on the um commentary um should versus likely. I mean, I I agree it should be It's better to use likely Yeah, the one thing is just just like I said, I I just Firmly believe in the the edge that order flow provides and so yeah, we just look for those those moves to continue Or or follow through Okay, thanks you thank you emcee loco. Um, all right guys. Well, let's see if we're coming up here It's been almost an hour and a half. We see some pretty good stuff Some back and forth and a larger player in there. We went through You know some of the pullbacks and some of the under over Uh Order flow where we've seen like, you know volume kind of trapped and then you get buyers You get sellers below it buyers above it and then you get these these squeezes, etc We went over candlesticks and and considerations on How you may Integrate candlestick analysis within your order flow analysis Yeah, and we talked about the alan. Thank you about the under over and starting to understand that better All right, and let's take the candles off And you can see the under over here still playing out really nicely Yeah, yeah, and the under over is something different in the uh bedding world as well alan. That's a good point Yeah, I think that's why I Are over under Oh, good. Noelle. So you you've been you've been checking out the advanced course Um Yeah, and then come to these webinars and that should really help clarify Yeah, highly recommend it. Uh, if you guys are new here, uh, we have an educational course that's online Uh access that is that's uh, each is four parts each part is an hour at least watch the first or in second one Uh, and things will be a lot clearer when you come to these webinars a lot clearer Okay All right guys, well, let's wrap it up. Uh Look for the uh, see if we can get our continuation here. Um, it's still doing it Uh, it still looks likely uh for the move up into our higher time frame. We're really Uh, kind of in the middle of a zone in here Uh on the on the hourly in the 15 minute We we'd be looking forward to trade to one of these levels in here And it looks more likely that it should trade up into Um, we can even draw a line in here around 68 Uh, so let's just do that Although I like the other ones better There we go. All right Uh, so, uh, yeah continue to watch your order flow and look for your higher time frame levels Uh, we will come back tomorrow and take a look at this though, but the structure is still bullish here so More likely leading to That higher liquidity at these higher levels Okay, moto dense. Excellent. Um Yeah, yeah, no, I Thank you for that. I really really appreciate that. Thanks for the kind words guys. All right, so here's here's what's happening next um come to uh the room with Traders lab with tom b. Uh, he's going to start pretty soon and he's going to go through order flow for the rest of the afternoon and You know, it's excellent stuff. Uh, he looks at the s and p And he talks through volume profile. Okay, very specific Okay, here we went through candles. We went through a little bit of profile stuff We went through patterns. We went through a lot of different ways of trading And that's what these webinars are about. It's about order flow on all fronts And tom's going to look at it on his his way of trading volume profile. Okay, so YouTubers, uh, you'll have to join into the discord chat for that for now Until we get tom up on youtube probably in another another week or so Okay All right guys. Yeah, have a good day. Uh, good trading out there And we'll catch up with you guys tomorrow. All right. Yep. Thanks guys. Thanks so much Bye-bye