 Now could you guys hear me? Back into my cell for two minutes. Anybody hear me? Alright, I'll be back in 90 seconds. Thank you. Thank you. Thank you. Thank you. Good morning, until I just got on and have an event in Nasdaq. By the way, we are releasing this beta test for the general public. It's been available in my trade room for a few weeks now, but I'll give you guys info on this here shortly. Quickly, I was just short career to just get out of here. If you got short with me, if you're obviously using this stuff, especially talking to my trade room. This was a case, I mean you could see this moved down. I thought I was late to the party, but I still followed my rules to put the trade on and it turned out to be a nice winner. When you could see this, they've just been hammering crude and it's actually an inflection zone right here. These are my zones, we'll talk about those too, but there's no bullish setup here as of right now, but I got short off of this event here. This is what we call the Bar Petraig Blind ATR Retest Confirm. I got short, but I just got out at the blue lug. If you're watching this closely, you can try to give this a chance to bust through the lug. We'll talk about the lugs like we always do here. Very powerful areas, levels, I should say. My rule of thumb is usually these things are so ridiculously powerful, I just get out most of the time. If I'm able to sit here and watch, there's enough relative volume going through this market right now that it may blow through the lugs. That's where it usually will blow through the lug, meaning relative volume, meaning big money's playing today. So these algos that like to snap back these markets are getting run over today and you can see how that heavy relative volume coming in. So this is just showing you the exact time period for the last 30 days. You can see it just continues to come in. So somebody's unloading on this market, somebody big, and that's why it kind of blew through this lug and it may even blow through this lug. Again, I can't watch it, so I'm going to get, you know, I took a, let's see where I got in on that trade, shorted it to 36. So I made about 60 ticks on the trade. So again, if I'm sitting here watching this, I would see if it can continue lower. This is a new event. Let's see if we draw new lugs and then I can put on the same trade. I just put on up here. ATR retest confirm. Same thing here. So we'll see what happens here. And we'll be back to that. Let's see, a dumb and dumber just fired off here in Mr. NQ. What is a dumb and dumber? One of my five or six distinct trading setups. The dumb money retail puke. Again, I call retail trader dumb money because they're not as informed, meaning they can't push the market around like the big money that makes themselves smart money. So this was a, stop runs are usually retail traders puking. So that's important information on many fronts, but mostly when you see buying and you know it's a stop run, it's not usually initiative buying, it's just guys puking. So these are really good fade areas. If you're looking, you know, if there was an area that you're looking at short, this would be like your signal, okay, I know this isn't real buying, it's failing, it's a dumb and dumber, I'm getting short. So we will see. I may have missed a trader already, but $15.904.99. So again, you know, you're going to have access to this drawing tool, those that you want it. It's not perfect yet, that's why it's in beta. It's pretty damn good on its own, but you're going to have to adjust and we'll show how you can adjust these zones as they come in. But this thing is a godsend, it saves so much. It saves so much time and it's pretty accurate as it is right now. I mean, the programmer who's part of my trade room, he built it like I told him to build it because we used to draw all the prices that occurred during the spike, but you know, I have this set of 10 seconds, so my, what I impose on the market isn't really meaning that's where all these prices were in this case it was. But I'll go over this, but this is where you want to draw where that came in. So we'll go over this, but this, my stop runs are for 10 seconds, then it resets, and then my icebergs are for a minute. So we'll begin, we'll go over some of the examples here how to draw these, but let me get this zone in here. This is the spreadsheet you guys have access to as well, part of my trade room, but you can get a subscription to this, I'll put this in here in a second, link to this stuff. 10 minute, 14 period wilders on Thicker Swim, you can get on many platforms, there it is right there, right in the middle, 16.81. So it basically is telling me the markets are obtaining about 17 points every 5 minutes, very important information. So the most important information you can have are these volume events, and what the current volatility is, and then we have a system based off of that, where we will, and this tells you exactly where you enter your trades, if you want to go long on validation to figure out if this is Bolshevara, so on and so forth. So, let's see what happened here, hopefully I didn't miss a trade. Been a nizzy zone, inflection zone, and it was. So, you can see here this market is about to, back and forth between these two zones. I'm going to set up in here too. So I can't short this, could have shorted this aggressively, that price would have been basically where we're at right now. I will take this trade if it comes back here, I'll put on 6, and then Q, 79, 75. This is the Izzy short, and then there's potentially other trades we can put on here too. Hold on. Curator and Q, don't be running away on me. Of course. I had to chase it down a couple ticks. Well, I missed the original entry, I just got in now. This was an inflection zone that I just showed you on the bar chart, so these are all trading strategies that we take in the room and that I personally take. So this one was the Izzy trade, the inflection zone trade, and it's aggressive entry. I'm not waiting, I showed you the one instance in crew where I waited for the retest failure. That's a safer trade per se. When you see that, it's a better percentage that it's going to do that if it retests and it comes back. Well, some of these areas it may not retest its own, and I'm just going to be sitting there holding the bag with nothing on. Izzy zones are very important, so I don't wait for retests in that case. So, it looks like I missed some trades here in Russell too. We'll come back to that. So anyway, I would have been in here aggressively, I missed it, and I just put it on now. I've been from watching so very many of them. I put my stop in ATR plus 10% or plus 15% above the zone, so I'm making this for me to be wrong on this trade. It's got to come all the way back. However many ATRs, it just looks like a one ATR right now. It's got to get through the volume event and it's got to push another ATR out for me to get stopped out. Why do I do that? Because you see these Christmas tree look here, that's how those just whip song everybody. So when nothing's going on, these elbows turn on and just start whip sign people back and forth. So this area isn't meaningless as far as what's going on in the market. So I'm not going to let these elbows snap me out of the trade. If this market can push all the way up here and get above an ATR outside of this volume event, then I say, Uncle, on to the next trade. Well, this is Hero. I'm talking about this a lot lately. I did a webinar with him a couple weeks ago. Alright, so I'm short that if this does an ATR retest, there's other strategies I may have been able to put on maybe. So this is Algo Guy. This is an Exponential Moving Average Ribbon. I use this to filter out my bark trades, my bark strategies and my lick strategies. So the barks are literally this is what I put on in Crude earlier, where you get the ATR retest failure. Well, right now this is bullish, so I can't put on any shorts for the Barker lick. I need this to confirm for me. So if the blue, this is the shorter term Exponential Moving Average is below the red then I could put on shorts. So I could not take a bark here. I took the Izzy short. That is not contingent on Algo Guy. I put that on regardless no matter which way Algo Guy's sloping or if the blue's above the red or the red's below the blue. That's where I got on that. But for me to take that trade I could normally take that, but I'm not taking it in this situation because Algo Guy's bullish. If I end up getting a bullish event then I could put on Barks and Licks to the upside. So right now that's not presenting itself. So that's one. I got some Bond stuff. We'll go over there here shortly, but I will tell you when Bond starts firing off usually signals a bigger move coming in these equities. I have no idea which way. That's why we use our volume events. But usually you can count on a bigger move. I'm not seeing much here in the way of relative volume in these markets. Crew's just hanging out at the blue look here. It's probably going to bust through that one too. You can see here this relative volume is barely getting to normal, meaning average. So we got a couple bars early on, but ES is below. So this just looks like very choppy action. You can see Russell's actually getting smoked. Like I said, I think I missed a trade here. Let's see. Just quickly. So I'll go guy in this market is bearish. So I could have taken, but I haven't seen any retest of these zones yet that have drawn on their own. Is he up here? Let's see. That was today. Yeah, I mean it was kind of already in this zone. So I didn't really miss anything here. Per my roles, you may have other areas that you look at and other things, other indicators, which is fine. These are the areas and the way I trade these, but you can say this may have been the 200-day moving average cross and you're like, I'm getting into this as soon as I see a volume event, I'm getting that. Right? I talk about this every week. This is the science. There's no disputing this stuff. What's happening here, as far as icebergs and stop runs, how you trade them is the art. So what I tell my trade room, you know, and if you're on these webinars, highly recommend you trade them like I trade them to start and then as you get better at these and start to make them profitable, then you can put your own spin on things and take them differently and not wait for ATR retest, not wait for a full ATR out of the zone. You can do whatever you want. I talk about different methods in my course as well. Speaking of which, let me get this out to you guys. So this is document with everything. Here's the new beta tool. So here's the guide. It tells you exactly how to install it. You're installing it just like an add-on, like the, you know, a site sub-chart or the MBO add-on. It's all in here. This looks like here. I haven't even gone through this yet. It just was literally sent to me today. So it basically says exactly what you need to the markets it supports, how to bring it into your bring it into your book map so on and so forth. So that is that. And then there's a survey here. If you guys can please, if you're going to use this, please fill this out so we can, again, this is a beta. We're trying to make it better, but this should help you tremendously just you know, again, just to go through these marketing. I'm watching 17 different markets, right? So instead of having to go here and like find the spikes I can, and then draw the zones, I can just hop over here and like we heard bonds. Like, okay, where's that? Oh, there. It's already drew, right? So it's awesome. You may have to adjust and we'll have some, we'll be adjusting some on this webinar. Anyway, that's the guide. That's that. Once you, once you're ready to install it in Discord, the book map Discord, and let me change this actually. Okay. Contact. Contact. This is the, just go to Discord and type in his info and then he will get you set up. Tell him you want to try the zone drawing tool. The rest of this stuff is my new course, goes over all the setups. It's almost five hours of content, settings, setups, drawing zones, you name it. That's the new course there. And then this is for if you want the spreadsheet, if you're not going to be part of my trading, you can't make it in there. This is for a subscription to the spreadsheet. These are the inflection zones that I was talking about and this is the two combined. You get it, you get it three in my trade room if you come in there, but you can get it on your own as well. And then here's all my contact information here and then these are all the things I use in my trading and you get discounts to all the stuff, book map. This eye indicator, there's no discount to that, but there's discounts to the Global Plus. Apex Traders funding, any sale they currently have going on, just use that code and you get the sale price. We'll go over that later. Spot Gamma, we'll talk about that. This is for the, you get two free weeks of any of the subscriptions. Obviously I would do the most valuable one and you get everything. So you go over here, subscribe now, do the alpha. It's actually 14 day with my code. You click on that and then put my code in right here. You have a coupon, SCOTT capital letters. That's that. We'll be talking about hero today too. Tick strike, that's what this is. Bookmap has their own version of this now. It's like tick strike non-steroids. We'll go over that. That's what this is kind of shown here. What you're seeing, we'll go over this, like I said, most buying or selling. I have mine set for an hour. We'll go over some of those instances and then, but this is tick strike. This is separate, but I have this too. This just tells me when stuff is firing off. These are meters that go from 1 to 15. It's just an algo that picks up the size of the orders coming through and the speed. I've had this thing for, you know, probably 14, 15 years. And then Trader Sync, this is the document and they actually have a sale. I didn't, I got to get the new, I think if you just use this link, you'll get the most recent sale. And then here is the leveling levels and here's some reviews to my room. We'll talk about leveling levels too. You go to that site so I'm a book map webinar. She has special prizes. All right, so I just think I heard something in the IQ. All right, so I'm already short this market. I actually miss, hopefully I couldn't have got out. This was 30 points in my favor and I was chirping so I may have missed an exit. I don't get out of all of them, but there's areas that I will peel out of some of my trade as it, as the market makes money available to me. So let's see if I miss any. You can see, here's a perfect example of the leveling levels. Look how many times this thing has bounced pretty much to the exact tick. Right? So as far as getting out here, you know, there was there was really nothing here for me for what I, the areas that I looked to get out. So I may have this come back on me now, but I didn't, you know, for me there was nothing to really get out of any of their, these are those areas that I talk about. So I'm consistently getting out at these areas, especially if they're confluent with one another. Meaning there's, or overlapping, right? So I pay them, myself, as I mean this is straight out of trading in the zone. We'll go over this, I'll go on some ransom later. Leveled levels, we saw, I got out of all my crude at the blue lugg with level a little bit ago. Microfile can positize those points of controls, be web extreme standard deviations. Usually these, I need to have something else there, like a baby lug or point of control. We'll go over all this stuff, but spot gamma levels, obviously struggle to get through having, through having rest of the liquidity. So these are all the areas we'll go over them as we have trades on and I'm getting out, but I may take this on the chin as it comes back now. But the good thing about this trade now is, and this is how I trail my stop, right? So we already said I had my stop and ATR above here. I was going to force the market to come all the way back. I had, I had some profit in this trade and now it's coming back. Well now I'm going to plug in this new zone and I'm going to trail my stop to this new event and I better hurry before this thing rips off the page on me. So again, draw it automatically. You don't have to draw it yourself. I'll put the link to that document in YouTube here in a second once I get this situated. So this looks like it started here. This thing's pretty accurate on its own, but you may not want to start it on a four-lot stop, right? So this started a spike. So this was actually the threshold, meaning see how it's 150, so 150 is my threshold and that started way up here. So I'm just going to draw it. Got the threshold. The great thing about here is you just go in the little ellipse and you hit B and you scroll it. Oh yeah. This tool is awesome. So that's the zone I have for that stop. Run 72 quarter to 6950. So now we go to our spreadsheet. Miss this price. 872 quarter. 14 and 15. I've got the natural gas number coming on here in five minutes too. 15, 8, 6, 9, 15. So my stop was originally an 891. Oh no, that's already adjusted. Now it's going to be an 891. So that's where I'm going to get out of this trade. So if I lose on this trade, I'm only going to lose a very little bit, because I got in an 80-something. So again I got short the Izzy trade off of this event into the inflection zone. That was aggressive. Stop was up here. Got a new event. I'm bringing my stop 9150. So if that pops up there and stops me out, you know, if you really want to you could move it just above this zone and force this market to get back through here, because this is kind of nowhere land, like I said. I'll just follow the rules. I'll get out. If I get stopped out, I'm going to lose maybe what, six points or something, and then on to the next trade. You went 50 is where I stopped out of that. It'll be a 13-point loser again and at 78 I chased it down a little bit. So that is working. There is a way I could add to this. Well, maybe not. No, I can't add to it, because this is an Izzy trade. Remember I said I can't take the early strategies because this is still bullish. This is not a good sign for shorts either. We talk about coming up with thesis. We have a thesis on how the Ludwig level is formed. We have a thesis on market profile. And then this is a thesis on how the markets pulls below here and it can't pull that short-term blue below and it hops back above. Then you usually get the next wave of up move. This is showing me I very well get stopped out of this trade pretty much right now. Again, I'm stopping out at 91.50. I'll stop out and then on to the next trade. Let me listen to the discord too. Yeah, I just put it in YouTube. Fred, holy cow, I feel like such a dupe. So guys, yeah, when you get in here for the first time or the first couple of times, it looks like I'm doing all this high, technical stuff. I'm really not. We're drawing volume events where traders are loaded up. That's what we're taking advantage of. We're taking advantage of areas that there's a volume, aka traders loaded up more than usual and we're taking advantage of the moves out of there. And we have distinct rules for that. Brett says, watching trades like being a physician and discovering a virtuoso makes you want to smash or strengthen and quit. This is just another... This is the method as far as I'm concerned. Like I said, I mean, you may want to listen to me. I've been trading for 25 years. I've said for seven years that book map and the SI indicator is the most powerful thing I've ever seen in futures trading. I was actually not even in a trade. I got blown out of the business when I came back. It was with book map and I was doing stock webinars because I was not going to trade futures. I was adjaded from being a multi-millionaire that couldn't make a dollar in the futures. And I said, especially ES, I'm like, I don't want to even look at the damn thing. I'm like, I can't ignore this. It's the most powerful thing I've ever seen. So my point is you may want to listen to me when it comes to that, but all you're really doing, anything you're doing in your trading, you can continue to do it if you think it works or you know it works, whatever. You think you have an edge, know you have an edge. That's fine, but this is the most important information. So if you can apply the rules of these monuments in your areas, then you have yourself a trading strategy or a huge, huge edge, as far as I'm concerned. That's that, but thank you for the compliment. I'm assuming that's a compliment. So what happened here in crude? I'm glad I got out of the lug there. So this is what happens at the Ludwig levels. I call them lugs. People are always like, what's love? What are you talking about? It's just short for Ludwig levels. So I don't have to say Ludwig level 88 times in a webinar, but you can see. So we've already seen two markets that have bounced right off of these things today. The targets to get out, they're incredible. Support and resistance, obviously. That was that one. And we saw, and you do the same thing. Look at these things. So she's had a higher power whisper in her ear, obviously, when she developed these things. I don't know, it's proprietary. I don't know what she uses. I don't need to know, right? I've used this analogy pretty much every webinar for book map. When you walk in a room and you need light, do you have to dissect the light bulb to see how it works, or do you just turn on the light? Right? So I don't need to know how these work. I have kind of an idea of what she's using, maybe a little bit, like to mark a profile and stuff like that, but I don't need to know. I know they work, and I do not incorporate stuff into my trading lightly. I watch these for, I mean, use them for two and a half years now, but at the time, I had a guy actually in my trading room who made, you know, like a million plus. And he swore by these things. So I'm like, he's like, oh, the SI events with these Lugwood levels is the best thing I've ever seen. So I started watching them. And I just kept seeing things like this, especially correlated with the volume events. I'm like, this is ridiculous. I got to start using these. And then contacted her. We did a webinar. Actually, I'll post that. I always post that too. Let's see, this is my trade room here where she'll come in and say, like today, she said, you know, roll your contracts. This is her right here. There she had. And if you have questions, I don't want to, you know, crush with questions, but if you need to get in contact with her. So she's traded out in my room. Looks for CL and MCL. All right. So I just stopped out of NQ. Took a small loser on the next trade. Hold on. I'm trying to find this video for you guys. So here's on the exponential moving average. I'll post this every week too. You can come up with like 15 strategies with this thing alone. Post that in YouTube. I always forget where this damn video is. I've posted it many times in here, but there's always new traders, so trying to find it here. There's an easier way to do this. I just can't remember. I'll post it here. Hopefully some of you in my room. I talked about that on the watch just because I didn't want to risk that extra amount of points. Exactly what I said. I said you could. Of course I stopped out to the exact tick. But I said this is in the middle of nowhere. You may want to move your stop above this event. So I should have risked the extra 15 points. I didn't. Whatever. It's fine. Stopped out. If you guys have that video, could you post it? Because I can't find it as usual. The one with Pamela and I talking. It's a great video because it's very basic. I add this right when I was learning. There it is right here. NQ stop sell NQ 151 contracts. Okay. So that's about the looks. You guys want to learn that. Alright. So as it just bounces back and forth with here firing off stop runs. So this is going to stop. I literally got stopped out to like a tick up here. By maybe a point. So what happens when you stop yourself out in the middle of nowhere? I chose to do that. I could have easily put it up here. But I didn't. That's what I usually do. So say if my stop was like right in front of the zone I'll definitely get it above that zone. But that sucks. New event here though. And remember, I'll go guy is still bullish. We talked about how it tried to pull below and didn't. That was one of the reasons too that I didn't feel like I wanted to risk another 15 points. We talked about this, how the market tried to pull below because it blew the shorter term exponential moving average below it. And now it's back above. So these markets. And this is just a chop fest. This is the middle of a balance area. There's nothing really happening. It's just chop city. So I don't really feel like risking extra points here. It's bouncing off this zone. This zone. This zone. This is a balance area for the last two days. I think you're putting in these tails. I'll still take trades. But I'm not, especially the relative volume being pretty low. You're probably going to get tortured in this market. That's why you want to be watching other markets. So when these markets suck, you can do another market. So this was, here's a good example. I want to adjust this zone. So when you start using this tool. Stop run was over here. These prices had traded. So the stops couldn't have been there. Sweeps come in. The first right to the order book. They started here. But then someone was buying. So you know the stops weren't there. So you would start it there. And assume the stops were at this price. You don't know where they were. So we got another setup in here too. So let's see what this looks like. But right now for the stop runs. That's the last stop. 7650 to 71 quarter. That really sucks. I got stopped up to the, pretty much the tick up there. Just 40 points in my favor. I had a chance to get out of some of these earlier. And I just didn't do it because there was nothing for me to get on it. I got some new stuff brewing here. This should draw here shortly. We'll trade off of that. I can't really, I'm not going to take any shorts right here. Because of the, you know, I use Algo guys at filter. And it's really helped me as far as my winning percentages. I went back and I started looking at, because the bark trade. Bark and lick trades are very aggressive trades. Like they're all over the place, right? And I went back and looked at a lot of my losers. And they were like against Algo guys. So I even said, where is it? Well, I used to have, I was just trying out for the month of like August. And then I just, now I just kept it. For us to buy sites for sell our feet. 150 tons. Does that mean you're not, I'm not going, trades won't work to the downside? No, but that's just my personal, I'm using that as a filter to put those types of trades on. So, right. The new event just drew here. So now we'll make an example here of how you could adjust this possibly. See this thing drew perfectly up here. You can see the on-shard, see that black line on its own. So you can see the market that someone tried to buy into right here. See the blue bubble in this line. And this is what triggered that sell ice, right? And it was only 71 right here, but that's where it started. And then what you want to do is just follow this across. And as it spikes, you want to include those prices if it's outside of the zone. So that market moved down below here, came back, triggered more, right there. Triggered more, right here. Then it triggered a lot more down here. And you can see this is one entity and you see it on the on-chart, right? That's the on-chart. That's this line. So somebody's following this down. As people are trying to buy it, they're throwing in sell ice. So sell ice is just their hidden orders. They're not so hidden when you have book map. That's the key, right? So you can see what the big money's trying to do. That's the whole point. Very important. Let's put this up here. So I may still have to adjust this, but this is how I do it. I just go across and pick up these spikes and then keep adjusting. So that was there. See if it... So I would not include these prices right now because it's kind of flatlining. But then it did come down. There was more spike here, so I'll move it down a little bit more. See that little spike? Use your crosshair. Use this thing. That was down there. Obviously this is tedious sometimes, but you want to get these zones right. Especially if you're using the ATR and stuff like we talked about. It's very important. Let's see if this spiked. Now that was basically the last spike and then a kind of flatline, let's say 209. Yeah. I mean, these are just a couple more. There's like four more. I'm not going to bring this zone down another 15 points on a four. There's four icebergs here. This was 194, the 205, 208, the 213. So basically five lots. The rest of this move, I'm not going to... I like where this zone is. Sometimes it's in art drawing these things. Most of the times it draws it on its own. Pretty accurate. 15584 to 15848. I heard that I got stopped out of that trade. I should have... That's why my trade room said, I'm on the side of the prior event. So I don't get stopped out in no man's land and that's exactly what happened. So that's a good learning experience for you guys that are trading these. Wrist the extra 15 points so you don't get stopped out on randomness, which I just did. That's probably going to free fall. That's my own mistake. That was a mistake. It was my decision, but I know better. I know not to stop out in the middle of nowhere. That's why I should have put it above this area. That's all right. All right. I still can't do any shorts off of that event, so whatever. Let's see what happens there. I heard something in... So crude, I can't go long off of it. Oh, I could have... Yeah, I could go long off here. This is a slug, is it not? So slugs are volume events into the lug. This is actually not a slug that wasn't stopped on, but this is the strategy here. We name these funny to kind of be memorable to. You. Ice per get at the lug. So there was by ice at an important support level. Right there, right? So if this does the ATR retest failure, I will now flip and go long. Remember I was short, now I'm going to go long. Let's make sure this is correct. This was 156 ice. You can see that I have mine on the on-chart. The yellow, that's just this here. On the on-chart. Did I have mine at yellow? Black is sell ice. Yellow just so I can separate these areas. So that looks like it was one price. Spiked right there. Margaret came back. Triggered it again here. Triggered it again there. Then kind of flat lines. Triggered a little more here. So I would make this like this. 7380 to 7376. This may have already done the ATR retest. I've already missed this trade. It looks like two. Not. There's a spreadsheet here. Let me say 86. 80 to 76. ATR is 28.281. It's rotating about 28 texts every five minutes. So to validate that as a long setup, I will go over to my spreadsheet. 7408 makes that a long setup. So it actually just validated now. Enfuse top cell enfuse 156 contracts. This was a This was not a good decision on this trade. That's sure. That's why that's exactly what I said in my room. Ask me what why are you not stopped? Why are you not putting it above that event? That's just that was just stupidity on my part. I mean, if you like 70 point trades, so I should have just had it up here. Bad decision on my part. All right, I'll just keep talking about it too. So sorry, that's just how my brain works. I got to get it out and then I'm done with it. But I'll pitch about it probably. For the rest of the webinar. All right, so now if you are short, which I should have been, you can trail your stop to this. See how the guy is looking like. This time it did pull below. So it is very choppy. It looked like it was going to, it couldn't pull the blue that time. And this time it did pull the blue. And now you get those algos that jump on. So that's what this is. Many times when you do get the pull, moving average ribbon across algos, that's why we call it Algo Guy. Jump in and ride the wave down. And that's exactly what this last move was very likely because there's not a lot of sides coming in here. So now, let's see, actually I think this isn't Izzy going the other way. I told you this is a chop fest. This is his own. I could take this long aggressively going the other way now. And you can see all these buying tails. These are part four. One of the four important areas of charting is how I draw these inflection zones. Tail, tail, tail. Looks like another tail. Kind of popped through the zone. These aren't exact prices, right? I got the vibe on that right here. I could take it long aggressively. Take advantage of this chop fest. So let's make sure the zone is correct. But like I said, if you got short and you didn't get stopped out like a clown like I did, then you would be trailing your stop to this event. The top. It kept coming down all the way there. Looks like this drew... I mean, it picked up two more. You could have it here. It drew pretty much perfect. Hey. First setup of the day. And ES. I know how much you guys all love trading that. ES, 158.22 to 814.50. This is 22.34. All right. So if I'm going to go long this setup aggressively this is the Izzy trade. Meaning I'm not waiting for a retest of the area. 47.75. I can put that on 5 over on that. Didn't quite get there yet. So I will put that in. If it comes back up there, this is the Izzy trade that I screwed up earlier. Got on the short side. 47.75. All right. That's working. Come back here. There's a still way I can go short off of this because as long as it doesn't invalidate so the invalidation price is 44.25. So if that market touched 44.25 getting real close it still didn't. I can still short this. If it touches 44.25 according to my rules from watching so many of these I don't take shorts. If it's able to push the full ATR out of here I will not take a short off of that. And we already have the long working on the Izzy trade. See what happens there. Let's go over to Mr.ES or Mrs.ES. I don't know if it's female or male. Usually a bitch most of the time. So I would say female. NQ's a dude. Because I call it NASDAQ a lot of days. Part of my language for you. It's like today. Today it's NASDAQ, right? We had that little stop out to the pretty much exact tech. Mr. NASDAQ. All right. So this looks like this may be a one tick zone. There's a spike here. It moved down, came back. Someone tried to buy it and they got a mouthful of sellice. We're right there at that price. All right. And it moves down. Keeps triggering more. Triggered more, triggered more, came back. This is kind of flat lining now. So right now it's just one price. Keep following across. So you can't scroll back and forth. I just filled in NASDAQ. Here we go. Here we go with Chopfest. Price 45.10. So this drawing tool doesn't get down to one price. It gets down to one tick. So 45.10 is your... That's the zone. Sometimes they're wide, sometimes they're one tick. Am I missing a trade in here? Let's see. This is probably an Izzy trade as well. This is a broken ice setup it looks like. Yep. That was an Izzy. Let's see if we can still get in this long. Here's 4.60. All right. This is an Izzy. Like I just did in NASDAQ. 15.25. Put on 10. If it's between 10 micros or one full one, put on 10 micros. It's not all or nothing when you start to get out. How about I stop talking and put the damn trade on first? 15.25. This is Izzy. They already touched 15.25, but I don't chase it back down. Traders in my room are always like, well, if you get a better price, why don't you just get in here? Because just something in my brain says, I might have got away with something by not filling. I got lucky. If it doesn't come back, then I'd never have the trade on. If it comes back to 15.25, I'll put up along. This is an important support level for Spokane M2. Speaking of which, I want to keep this hero up because we've been watching this very closely. I've seen some incredible things like this. I've been posting it on Twitter and in my room. Some days. This is Izzy as well. People gave up on it because they were using this as a red light green light. It's not red light green light. This is just another entity in the market. These options traders have to hedge with their futures. It would behoove you to know when they're hedging a lot. Sometimes it's just moving around with the market. Other times, you'll see this huge, the market will be spinning down here and you'll see the hero go like that. This is a billion or more. I talk about this in my webinar with him. I posted it on Twitter. It was a good basic video with him. Then you want to pay attention. We've been seeing all these different scenarios. I'll show you here. My sports video that we built. If you guys want that, you can go in here and leave a message and I'll put you in the discord because we're often free. I built this in the second and a half during the best edge in the world if you liked sports betting. I don't want to hear, I don't like gambling. If you're a trader, you're gambling. It's the same thing. That's the best edge I've ever seen. That's why we built it out. That's called second hand play. If you want to get in there and send me a DM, I'll get you in the discord room. It just literally pushes plays to your phone. You got to be quick because they're at halftime. They have my mind working at halftime. Let's see here. If you follow me, you're going to start seeing a lot more of these. Here's a good example. This was the other day where actually, this isn't even the other day. This thing started so we talked about the dumb and dumber. We know that wasn't real buying and then hero already started moving lower and then notionally moved big and then the ES turns around and involves it. Things like that. That's why we want to keep an eye on that. It's just noise. It's not noise. It's still important. The big money is really playing in here. The options are just one entity. They're not really having an effect on the market some days. That's where I was trying to find. We saw it the other day. That was the last post I put in here. So I put a video out. Watch this video I posted. It's on YouTube. I thought I had a screenshot but it was an example of... I'll be quick because it's really... I need to know what you said. Now you got that point and that in the direction too. So it didn't affect it at all on the dumb move and it turned around. So you heard what I said there, right? It didn't affect it on the dumb move so this did move notionally a billion more. That has been... that I've seen and we're just coming up with new... by the way, I like... if you can't tell by my... SMPI Seisford by ES, but... The point is, they're one entity. There's days that they are running the show. There's other days, there's bigger money in here. Overriding, right? But keep an eye on it and you get a free two weeks so check it out yourself if you don't believe me. Alright, so now we got new... by-eyes here. Actually, I never put my stop in for that. It does not surprise me I'm getting whipsawed. I told you we're in an area that you may not even want to trade these markets. Like this is literally just bouncing this tight balance area, both MQ and ES. Right? So there's times where you can say, you know what? I'm going to step aside. Once this breaks out of here then I'm ready to trade it. Nothing wrong with that, right? You've got to be consistent if you're going to do that. Alright, I got long there, stops at 0.475. I don't think I put in my Nasdaq to stop here. Here we go. Now, here comes the waterboarding with Mr. Tickstrike. Nothing better than watching your trade go away than this. This does not surprise me. We have a trade for the SIGS fact occurrence, right? So, yeah, does it suck that thing didn't rip off the page? Yeah, I'd love to for it to rip off the page. Does it surprise me it's doing this? No, we have, it's called the reversion trade. It's when the trade, the market comes back to the volume event. It happens all the time. It happens so much, we have a trade for it and that's this part of the spreadsheet. So if you were to take the reversion trade there, looks like it's going to, hopefully I don't jinx my room because they're all taken, not all of them but the one ATR reversion you're entering at 42, you're out at 69. So let's see if the one, so you're still in the one. You never got stopped out at 69 and all you're playing for is to move back to the cell. If you took the one and the two, some guys take ones, twos and threes. You never get in the three and not get stopped out of the one but you can definitely take the ones and the twos without getting stopped out of the one. The answer price for the two ATR reversion was 62 quarter. Looks like it tagged that exactly. Maybe not, maybe you missed a biotech. Let's see. There you go, got your fill. So the ones and the twos. So my point is, we have a trade for this occurrence. So I'm not sitting there crapping my pants because I got long and it's doing one of these. This is Algo City, it's Chopfest and we know the tendency for these markets to come back to the monument are just, it's silly how often it happens. So do you see me stopping out of this trade? That's why I put my stop in ATR so I don't get whipsod like you saw me do up here when I made the mistake and didn't put it outside that. This was when I got whipsod up here and I cost myself a 50 point short. I should have just moved it to there. I don't know if I've mentioned that 10 times today. Alright, let me put this stop in. I didn't put my stop in in here either. So like this is back to the position side. See, these are the position trading strategies especially this is the reversion part of the situation. So I got long, my stop's at 8875. That puts me in ATR outside of that zone. Now I am getting whipsod to death today. I don't know what's going on with the financial juice squat guy today. It sounds like he's in hot. He's in a tin can. Obviously I went the same way. I don't know what's going on with the financial juice squat guy today. It sounds like he's in hot. He's in a tin can. Next to go up, there's your reversion. All my trade room takes these trades. Congrats, one and a two. Winner, winner, chicken for dinner. It shows you where to get out right here. Same for ones and twos. You're out at 24 quarter. Sure, that's exactly where that just touched. Look at that, wow. Exact tech pretty much. How do we know that? Alright, so just getting tortured here. And these long. This is a new event in ES2. So I could technically I couldn't go short off of this event. Remember we talked about if the market pushes an ATR above here, I don't take shorts, but this is a new event. I could take a short off there. So if I do get stopped out of this long, I could potentially take a short depending on if algo guy is in my favor. And it is. So we got a bearish algo guy. Remember the long I took was because of the Izzy zone. And again, this zone is going to break eventually. It may break right here. So I was okay with taking it. But here we are. This is an important area. What's going on here is very important. This is a zone for a couple of different reasons. It's the bottom of this balance. It was the high volume node of that balance. So this is about to be this could get really ugly here like now. We talked about this yesterday in my trade room. That's a breakout. Many times when markets break out of balance, and they'll go, they'll come back to the high volume node. High volume node is just the most trade that's in the balance area. It's not an exact price. It's kind of like the point of control of market profile. Yesterday you saw that's exactly where it held and put a buying tail in. So as of yesterday, I was still holding. I literally put in my trade room. There we go. This is the stuff you get if you're in my trade room. You know when I can. My exact words yesterday. I've had COVID by the way. It's really fun. Second time I had it. I had to cancel the PM Webinar because I was feeling crap. Anyway, I said right here. No PM Webinar. I feel a relapse of this sweet virus. Keep an eye on the yes. First SI event of the day on that last opera. Now we're guys starting to cross three and a half days and add a critical area it needs to hold or it could get ugly. That's what I just said is going to potentially happen right now. This is just yesterday and it held and it didn't get ugly. Right there. I buy him out. I drew the balance. I drew the area. That's right where I put in that tail yesterday. Now we're back here right now. You can see there's nothing here structurally. So this starts motoring down. This could get pretty ugly. So that's just what does that mean? Well, I'm a day trader. I'm long right now. I would continue to take longs and short setups. I could trade bigger in that direction, meaning bigger size because it's an A plus setup. When your thesis lines up with the real-time volume events, that's when you go for the throw. Let's make sure the zone is correct. I'll answer some questions. I need to stop talking here for a second. Very low energy. My second bout of COVID wasn't as bad as last time. The first time I had it, I was laid up for two weeks. I actually had to go in the emergency room because I almost died. Oxygen level, they were going to put me in a ventilator. If you can put on that ventilator, it's pretty much over. The ventilator I've heard is worse than the actual COVID. I'm sure many people can relate to me. Anyway, 45.25 to 45.10 is your new zone. Let's plug that in. I already longed the Izzy trade, but I can potentially take shorts off of this and I would trade them bigger if this proves to be a bearish amount. 45.12. Ready in there. ATR is 4.74. To make this a bearish event, it says right here, validation price, 0.05. I'll just keep an eye on that. I'm long Izzy, but there's a way now because I'll go guys and my bearish, I could take barks and licks. I'm going to trade it two times size because of my thesis that if this area breaks, this market's going to get killed. Right? It's just my opinion. There you go. There's your liquidity. So I would take, I obviously would stop out of my Izzy long that I took there, and then for the other trading strategies, bark, I'll take it, lick, I'll take it, and I'll trade two times size. So I'll hit then scenarios. If this holds, so I'm not going to add to my long here on the Izzy zone, but I already put my Izzy trade on and I'm not really loving the long right here. So if this moves back out of here, great, I'm already long. If it stops me out, then I'm firing on the shorts on different strategies. That's why we have these different. That's why we have these strategies. Slug, lick, Izzy, bark, and again, if you come in my trade room, or if you're trying to copy these right now, it's not, you take every one of these. I do, but if you're not ready for them, focus on one. All you're looking to just trade Izzy's, just trade licks, just trade slugs. Get really good at one of them, then add another one. Then add another one, and then all of a sudden, six months down the line, you're trading three to five setups. That's how you want to do it. You don't want to try to incorporate either, you know, a couple traders in my room that are trying to do all these and they're confusing themselves, right, and they're all over the place. Just pick one of them and trade them. The best one is probably the slug, the most important, the lugs are, how powerful they are. They don't happen all the time, so if you're very patient, that's the trade for you, starting out. Izzy's are, you know, they happen quite often, but the barks and the licks happen all the time, or basically any event you're taking retest failure. Excuse me. So what am I seeing here with the internals? Well, NASDAQ can't even get its head above, so this is not good for my long, but I don't use this to not take long, but this is telling me this could get ugly as well, right? I took a long off the Izzy zone, but if I stop out, it's not going to surprise me. This thing can't get above, this is the TIC, the NASDAQ TIC, can't get above zero today. That's really important. You're not going to get a meaningful move higher if the overall stock market is not upticking. Same with the ES. ES has been a little better. It's popped above, you know, the 500 TIC, there aren't really meaningful moves. It's when it starts to tag the 1,000 line. That's when it's programmed buying or selling. That's what I see there. ADD is, you know, it's negative, it's not crazy. If it gets down to like minus 2,000 or more, that's a trend down type of day. We want to be very careful buying. This thing has moved straight down, right? So, markets responding right now to the downsides. We'll see what happens here, and then there's a hero. All right, let's see if you guys got any questions. Can you post that link in YouTube? I thought I just did that. Tom Gunn, do you not see the link I just posted? Are those links I posted earlier to the document for the drawing tool and everything? Please let me know. I'm hoping you guys can see them. Yeah, you want to change this too, because when you get on this webinar, it's always in the crappiest mode. So you go over here and click on this gear and then go to quality, pick 720, and then it's clear. Otherwise it's all blurry. Tom Gunn, did you see the links? Please let me know if you're still on here. I can't trade this. Seems to be... Yeah, I agree. You're talking about the area? Absolutely, it's a chop fest. That's what I just got done saying. You may say I'm not participating in this area until this breaks out. There's nothing wrong with that, and you're seeing it as I'm getting whipsotted up. Hello, first time here. Hello, DK. All right, so now just sit here and be tortured. So you can say, do you like today, the heroes just riding along with the market? Let's take a look at some of the other heroes. I don't know the thing, I don't know the notional yet at all. I don't really know the notional for this yet. We're still learning. We're going to have plenty of new trading strategies just based on hero, but I did see... Again, I posted this in my trade room. Yesterday there was a... It led to a... Right here. Interesting as they go on the Russell hero. When the market was making a high, the options were going the other way. I don't know the notational move that's significant yet, but keep an eye on trading. This is what happened in the Russell hero yesterday. Guys, it's options flow. They have to hedge. They're part of the market. You might want to know what they're doing, especially when the big moves come. This was that. That was that. I already started moving lower as it made a new high, and then you see it finally relented and came with it. And then these are these areas. It kept going down. I believe. The point is, I don't know the notational for this. This is a lot. This is a little. I don't know yet. I need to watch it, but it's important information. They are an important player in the market. Pay attention. So this is turning up. Let's see what NDX looks like. Again, I don't know notional. The only one I know, and this is the one you need to focus on anyway, because the S&P, SPX, this is combining them, by the way. This is combining SPX, SPY, XSP. I don't know how that is. So this is the biggest options market on the planet. So this is the leader, right? And if you get flow, it's meaningful flow. I still got to get some more clarification on that. But this doesn't really tell me anything. It's just moving around the market today. Some days it does. Some days it's the leader. I wouldn't see much there. I'm being tortured, though. I can tell you that. So I'm still wrong. Both of these with bated breath. So we already know that's going to be you know, if ES breaks lower here, like I said, this should be a really, really nice move down. Now you have current balance. They'll be breaking down out of current balance through the high volume mode of prior balance where it bounced yesterday. Then there's nothing here to down here. This could be literally a 70-100 point move if it breaks and, you know, if the big money starts to go low. And that's where you really want to want to go. Say I'm getting short off of this event and I trade double size and then I'm watching my areas that we talked about where I'll get out. Well, I may let it, if I see tick started to hit negative 1,000, negative 1,200, negative 1,000 then I know there's real money behind this selling and if I see relative volume increase then what I'm saying is that at these areas you don't need to hop out right away. You can try to ride through like this is just basically bouncing off a point of control from a single day the other day two days ago. But I would just write it down minimum to blue-lub and then maybe more and that's where you can judge. If it comes down to blue-lub and you see this relative volume over here is spiking you already saw that in crude earlier see it spiking you can try to hopefully see if it can push through and build new lugs and then you can really catch the move to the next lub. That's kind of what happened here in crude. There's some relative volume coming through this was earlier I already talked about this you see all these yellow bars that means it's 200% or more some of these bars were 3, almost 400% and you can see it blew right through the lugs that's telling you something so talk about thesis we talk about thesis with the lugs it blew through it because of the high relative volume when it builds new lugs it has the condition to build new lugs and we talk about that on that video there's a lot of strategies when it builds new lugs and it can't hold and it moves higher but anyway this moved build new lugs when it builds new lugs it should hold if it's going to remain a bearish market it should hold directionally yellow it's kind of like the point of control of lugs in prior blue and then you expect next blue that's exactly what happened so if this were to do it again I would still expect the same thing but my point is when relative volumes high so I just switched to say I lost all my micro profile composites here every time I roll the damn month I lose my I lose my composites which is not cool let's just put this most recent one up these are just days that are merged by a value area of a day this is all basic stuff I understand that some people are new right so this was two days if the value area value areas where 70% of the trade occurred overlaps the prior day or more more days by more than 50% and this one was more than 50% then I merge them and then you get these powerful areas high as low as points of control so that's what that one is and I just color and move blue color so there you go you can see this was giving you a thesis at the time this was a single day try to accept in this and this was a few days back it tried to get inside here and it couldn't hold and then closed outside and then look what it did try it again and then today it actually gap down through it but this was an important area now a really good trade is going to be if it comes back and retest that thing I don't have the lower ones because I got to go back here let's just see if there's anything close to here because I have to lose them all when I switch them once you need to roll your crew to January if you are a trading crew this gets really confusing let's see here where we had 7370 so this would be the next one this was telling you something this day when it tried to accept in this and then said no dice and then led to this huge move up right there so this is firmly inside this one now what do you expect the other side, that's the tendency so here we go, here we are this is today's trade so this is just the tendencies in these markets when they get inside what should happen is it should make it to the other side so that could be an awesome I'm sure that lugs right down there too that's an awesome target if this somehow can pop back out of here well something's up and then you would expect it to move higher because it can't hold inside here we're talking about coming up with thesis we'll trade both ways but the point is based on what it does here you can come up with a thesis and trade bigger if you get these reactions and you can control pretty close so alright, you guys got any questions I have a follow up I do this one I'm not watching it obviously those stocks are important but I see that stuff in the on my tick straight I can tell if they're hitting these fang stocks or buying them so on and so forth you can also see it on this mag 7 on the hero again this is the options flow mag stocks mag 7 you can keep an eye on this too this is apple, amazon, google meta, microsoft, nabidi and tesla very important too just another player but they're doing something big you might want to pay attention alright so there's just nothing going on I mentioned I got stopped out of that short I didn't want to like I said I think I got stopped out of these Izzy Longs and I'm going to fire to the downside because the ES is going to get smoked in my opinion and then you'll be breaking out of this current balance and then Q2 this ugly, fugly balance this is already violated so this is already that's a breakout fail that got through the high volume node the first time it got through that high volume node it did put in a buying tail so that was looking bullish like try to put another tail I can tell you this breaks down through here you got the breakdown of the balance it got through these tails it got through this high volume node there's nothing here you're talking to 300 points straight down to be my guess we'll see you just come up with these FN scenarios so I'm probably going to lose on this Izzy trade and I'm ready to fire I'm going to go short this event there's going to be a new event at NASDAQ this is our this was a bullish event so I couldn't go short off of this particular one but as this moves lower there's going to be new events there's going to be stop runs and so on and so forth now we just wait that's your guess when that number came out so the double whammy I'm about to get stopped, did I just get stopped out? close, my stop's at 04 so I'm probably going to stop here but I'm telling you, so this double whammy so what are double whammy's? well you just add the dumb money puke into the waiting hands of the buy ice that's inherently bullish if this breaks, I talk about this in my trading course if you get a broken double whammy or a broken step rose step rose is just buy ice and buy stops in the same directions or sell ice and sell stops this is a double whammy when you get those broken when you're set up, watch out below and we already know the area is really important too so if this breaks this zone I mean I would still take long so on and so forth potentially but if this breaks it's going to get ugly should, my opinion obviously that was here you can see the sell bubbles triggered this buy ice right after that you had so this is the coin essential double whammy so I still didn't stop out alright so I mean this is where you may have so I have 17 so mine just crashed alright so this is a good example how you can bring it back in so mine just crashed and I just lost my zone so what you want to do I did not plan this obviously but this is good that this happens so you can see if you guys are using this zone to go over here, see how it crashed actually I got to send this to developer this is why we're doing the beta guys because this is going to happen hopefully this isn't happening we're getting a bunch of users out of nowhere let me send this to do this alright so what you want to do is just go get on it don't just be random where you have all these add-ons and hit remove because it will take all the add-ons go into the add-on so I'm in Scott's zone you can see this is where the error just happened hit remove now I'm going to re-add it so you go to add this is just like adding any other thing and there you go this is the most recent double click Scott's zones, load and then make sure you click it so be ready for things like that because it's just in there you go it just picked it up from the other computer drew him right back on but this is why we're doing the beta test so you can figure out what what we need to fix but overall it's worth the hassle for the information you're getting from this stuff now why did this drop here though that's what I'm trying to know why because it picked it up right here hold on what was this this is only 14 icebergs I don't think you need I'm not even going to know why it picked up 14 so there's a way to manually draw these two just with the hot keys maybe need to do that I'm just going to expand this zone but I want to make sure I get so this was one price 4506 where this ice came in then the cell stops came in and then they both basically flat line so I don't think I even have to I think that zone's perfect 4506 to 404 175 so what can I there's a variation on how I can trade this now hey what look at that I can't believe so this is the A plus by the way when you get a volume event I just talked about this in gold in my room this morning you get your reversion prices in a prior event so technically there's a way I'm jumping back and forth here there's a way I can go short off of this first event maybe see what the ATR is no so what I was going to potentially do I remember I was talking about going short off of this guy well I could have still done that but this turned out to be a bullish setup because I got the ATR above there so I have to wait now I'm about to get stopped out of this but I have to wait now for an ATR retest of this guy I was going to try it on this but per my rules you always revert to the most recent event that's a bullish event so I can't take a short off of that that's what I'm saying actually I can't take any short off of that it's just violated so now I just sit here and do nothing with this these are my rules guys like I said this is the science you can come up with your own rules when you get at these and say I don't need to see ATR I don't care if it got an ATR above it then it breaks its own I'm going short let's just plug this zone in anyway I want to see what the price was still not stopped out of my long 4506 to 0475 do you see what order this brings to this market movement in the middle of chop city when you have rules and you know what you're looking at you're not confused by the market action you're just like okay there's a double whammy that's inherently bullish this should hold there's your ATR trade everything starts to really make sense of what's going on here because this stuff is what drives the market real time volume it just clears your head you're like oh that's why that does that so to make that event a bullish event it needed to touch 11 which it did so I was saying I couldn't go short off of this event so this is a bullish event not already long and now you got more bias coming in here too which is probably going to draw you out here shortly it's like it's right in the middle of this zone it's right there see how these sell bubbles triggered it move lower triggered it it's still right in this zone so I'm just keeping the zone I give this alright so I'm going to my stops for this original remember I got long off of this one I'm going to move my stop lower now I don't want to chase my stop down but if this comes down and my stops at 04 if it stops me off the long off of that event this will be it there just drew so long for how long let's see again this is inherently bullish and then you have more bias here isn't it important don't you think to know in areas that you think are important support areas oh hey look at that I got 800 bias there and I got another 700 here 1500 bias trying to support this area I love the long here type of thing I don't love the long here I'm long but I don't love it the point is when you know what the big money is doing it just gives you added confidence but the big money is not always right we have an actual setup for that it's called broken ice right but right now the big money is trying to hold this thing so let's see if they do it if not it's going to get ugly to the downside that's the new who's the other guy he used to put in 85,000 tweets every webinar can't remember his name looks like Dr. Ren was taken over he used to call Mr. Caffeinated oh that was Captain Caffeinated remember that dude sweeper again we'll see a sweeper again LOL I can't share it because it's random for me I don't know how to react to these yet on the outside edge I can't keep up with all your texts I'm scared of shorting the vinyl chop so this is the point of having rules for these events you're not scared to do anything if they present themselves long with the rules, you go long if they present themselves short, you go short if you follow my rules and then you put the trade on and you let it work so there's a guy at my trade he's made a lot of money since February and people are always asking my room how are you doing it and literally his response every single time is I follow the rules so in the beginning if you follow my rules get really good and if you want to adapt that's fine but just follow the damn rules we have rules based on how the market should react to these events so there's no guessing so it's really great what Dr. M is posting or even when he's posted about 800 tweets or whatever you call them messages this is exactly how traders get all confused I don't know what to do should I go short, should I go long I don't know but when you have rules crack your pants which way it's going to go if it does that then you're going long if it does that you're going short then you use your spreadsheet use my spreadsheet put your stop where it should be and then you let the trade work that's all you can do all you can do in trading is have an edge and this is the best edge that I've ever seen for me and for anybody else that's ever used it and then have rules around the edge right there you go I was just getting ready for my rant and then it stopped me straight out of trading in the zone if you've not read this book I highly recommend it 5 truths anything can happen you don't need to know what's going to happen next nor do you know what's going to happen next there's a random distribution between wins and losses for any given set of variables that define an edge so I don't care how good your edge is you're still going to have losses it's just like a casino it's the same thing they don't win every hand do they do they shut down when one guy beats them do they change the rules I mean they do if they think you're counting cards take it from me but other than that do they just shut down the game and say oh we can't offer this game no they know they have an edge which is nothing more of an indication of a higher probability of one thing happening over another just math right so in every moment of the market is unique so this is the edge if you want to use 25 years of experience in your favor then you might want to listen if you don't figure out the hard way the point is there is no disputing this is the edge so I know I have an edge and if I follow my rules I know over a series of trades just like a casino knows over a series of dull hands they will come out a winner that's all it is and then you just keep putting them on and you don't sit there and say oh this one feels bad this one I say it all the time yeah it feels bad I think this is going to be a loser because I follow my rules there you go that's the most recent rant down here you can be the casino if you have the edge that genuinely puts the odds of success in your favor we do you can think about trading in an appropriate manner the five fundamental truths that's these and you just keep putting the trades on like I said there's times where you can build into your plan that's great I'm not doing anything until this thing breaks out of this this market is in deep trouble but as far as I'm concerned oh by the way, speaking of which talking about thesis so how was this called by Spokyama I mean I told my room that day when this guy starts talking not this guy Brent he's a very very smart individual when he starts talking in those terms you want to pay attention I mean he literally said we anticipate the equity market high being Wednesday a.m 11.15 was that yesterday yeah I think it was oh was that the high yesterday look at that I mean and that's just based on he's not guessing he's not even using market structure $191 that's the stuff firing off in grains with the options accomplished what he was seeing is this should mark a high and it was literally he called it to the tick and then here we go and now but the things I look at and you may look at now this is looking like it's going to get killed too based on what so I know that information the options information put this as a resistance $400 is there a number coming out and why is everything hitting grains we'll go there in a second anyway pay attention you get the two weeks for free you get the hero you get his notes when he talks in certain terminology you really want to pay attention you call that on the dime right there and then he says this is going to clear the way for a final year on rally so I think what I said in my room yesterday is I think this market is going to originally you know based on what I was seeing too it's going to get smoked probably come back to this area because there's nothing here it's just a gap and then it'll turn around for the rest of the year and then it'll do its usual rally because it does it every single year you know barring outside events and other wars something like that there you go get this for two weeks try it out alright I'm almost at the time you got questions throw them in if you can get a text in around Dr. Rahm I mean Dr. Rahm what are you doing dude seriously how many texts could you put through there so anybody have a question besides between Dr. Rahm's text throw it in there because I'll be getting off here in the next five minutes alright hanging on by the here on my chinny chin chin on this long but like I said I get stopped out it's going to be go time and this is a new event too remember I said I couldn't go long or go short off of this one because I got the ATR well this is a brand new event I can go short off of that one which I will do if this does break down and I'm going to trade two times the size so I'm going to take my lump and get stopped out at 04 on that long off of this guy and then I'm going to be looking for that and I'm going to be liking the short and we got a lick down here it's this is I think it would go way below this but we'll see I don't know it's just my opinion I trade my events with my rules that's it it would be nice if something could happen before we get off the item alright I almost want to get stopped on this long I want to go short I want to fire on the short and along with these things just sit here the more likely it is now they're starting to hit the thanks stocks alright let's see what they're starting to hit this tick too still not really going extremes here alright I think I just stopped out finally alright I just stopped out of ES long so now what I'm looking for is my validation price and then I'm going to take Barks and Licks right in the two side two times size make sure it's ATR 4.76 actually let me put this I'm going to put this new zone into and this may be a different area this was the spy ice here remember guys I posted in here I'll post again if you can you're not going to ever see it with the 85,000 text that Dr. Ron put in NQ stocks LNQ so that doesn't even work hold on we just had stops so that's the document you can get the drawing tool, beta on you got to go through the book map discord contact that guy on there I'll set you up alright so to make this a bear I want to make sure this was correctly drawn first this was the spy ice here this may be a one tick zone too let's see so it triggered there triggered more there sorry down in here so it looks like the top was up here let me bring this down a couple ticks 05.50 to 04.75 that's the zone so plug that in arrows the same with 4.63 so to make this a short setup it needs a touch of validation price of 4500 based on my rules and what I've seen watching 10 million of these things so what does that mean the minute it touches 4500 that confirms this is a bearish setup then I'm waiting for the retest, the failure based on that strategy bark and the lick and then I'm going to take it short and that price is in here too that price will be 0.9950 I can put out 9 micros and then I will risk in this amount so the spreadsheet you put in your account size and the risk we haven't even gotten an apex today or trying out new stuff and don't be risking your own money and then my stops at 10.75 so again that I will make this if I do get filled on that I make this market come back and push all the way back so I get filled at that 99.5 or whatever that was pushes all the way back the ATR plus gets through the volume and pushes another ATR out and then I say uncle other than that that's how I trade them in case most trading days it's going to be like this back and forth make a little sizzle and then you're going to have a huge day make a little sizzle and then go for weeks another huge day so most great traders profitable traders only have between 5 and 10 days out of the entire year that make their entire P and L the majority of their P and L if you can realize that and no you're not going to you always know if it's a newbie This is not a regular job. Yes, you can average $500 a day, but you're going to be going back and forth most of the time. And then that, and then that. And then the end of the year, yeah, you averaged $1,000 a day, but you're not gonna come in here and just pull 500 bucks every day out of the market like it's a job. It's not going to happen ever. So stop thinking that way. All right, so you guys know what I'm doing here. I would really, really pay attention. This could get ugly here. I think it's through this. It's hard to get in trouble, but you know, we get through this, this is his own here, and it's bye-bye. All right, I do this twice a day every day in my trade room. You guys want that drawing tool, follow the rules in that document I just posted. You try it out, it's awesome. Save so much time, and it's very accurate. You just gotta adjust a little bit sometimes. Remember, it may crash. Don't start sending mean messages. We're giving it for free. Try it out, give your feedback, and we're gonna improve it. That's why it's called the beta. All right, I will see you guys next Thursday.