 Welcome back cyber traders. This is Falstow from cyber trading What I want to show you right now is how orders get executed and we're looking at American Airlines, and you'll notice right here American Airlines been having a tough time getting past $11 a share And if you look here on the sell side, you're coming up to some big sellers 46,000 shares 14 orders and what I want you to do is look here into time and sales on the right and What you'll see here is basically is that guy getting executed because the thing is this But the stock to go past this problem that's been having to get past 11, you know 11 You know 04 it's because you have a 45,000 share seller a 60 not 3000 share seller at 1105 a 14,000 you have a lot of big block orders out there being sold Which we call here iceberg orders, but the goal is can we break through it? Well, there's only one way to find out someone has to buy it from him or they have to cancel But look here on the right hand side, which is called a time and sales window and look and see if that number is dropping Which means these orders will come printing here on time and sales now if you notice We're getting orders that are going between 1101 and 1102 and that number obviously is you know orders are dropping You could see a couple of trades are going off over here And we just want to watch it for about a minute or so and seeing if this guy is going to kind of let It go finally and if he does it's gonna it's it's gonna go to the next guy Which is that 1104 1105 which is its major major resistance levels that at what explains? Why the stock since eight o'clock this morning until was it two o'clock this afternoon It just kept having a tough time breaking it not because American Airlines does not like $11.02 is because these big iceberg orders are out there preventing it from going higher So as you're watching orders dropping now you're getting eight orders if I uncheck this box You could see it as a 36,000 share seller at to 1102 39 800 500. Oh, it looks like the guy got executed. Oh, look at that He's gone. He got executed. You see that right there? Okay, let's zoom in a little bit closer here on this chart and see what's happening Now we're going to the next seller You don't have too many shares at 1103, but now we have 1104 1105 so what you're witnessing ladies and gentlemen is sellers out there Telling stock and getting executed so when you sit back and you're trying to figure out and trying to watch I'm like, I don't understand how these stocks going up and down the way they do Well, the way they do that is these people getting executed people Selling it to them and also people buying it from them. It takes two to tango As we're watching it You could see that a couple orders did come pop over here but the key thing here is that big big order got executed and With that big order getting executed now it's starting to kind of like Testing that resistance, but there's one little problem if you notice As much as we executed that seller there We still got the other big sellers here. So At one moment You're looking at resistance. You're sitting there. Oh, it's finally gonna break it You saw a big seller out there and he got executed But it wasn't just him. There were more sellers out there bigger ones like this one down here for 64,000 shares So just when you think you're looking at a stock and thinking, oh, this is the chance. It's finally gonna break it It's finally gonna get through All of a sudden now the stock is dropping on you So it is very important that when you're trading in today's volatile markets fellow traders You have to know where the big block orders are and by seeing these big iceberg orders out there That make up these support resistance is going to distinguish the different of and determine What is going to be a support level and what's gonna be a resistance level? So to see more videos of orders getting executed and seeing iceberg orders like this Just click on this like button ladies and gentlemen and then just click Just follow us and you'll be getting more alerts I'm gonna show you more examples of how to use level three in today's volatile markets Thanks for watching and happy trading