 All right, hi, everybody. Just wanted to re-broadcast a very special event here. All right, hi, everybody. Just wanted to, from a Bookmap Partner Compass trade group here, and they have a lot of Bookmap users over at their trading room. And they have quite a trader. His name is Ray, a Scottish institutional trader, who's been trading for quite a while and really has some very unique things to say. And we wanted to bring this to you. So here it is. Hope you enjoy it. And we're just going to let it roll here and let him go at it. You can also register for the event. I'll put the links in here if you want to attend this live. But we are re-broadcasting it here. And as a favor to our Bookmap Partner. And so you guys can gain some access into a pretty incredible trader. All right, so enjoy. And let me turn it up here and get it started. It's just you think it looks like kiosk. It looks random. There's nothing random about it, guys. It's all about adjustments. It's all about micro-adjustments in the marketplace. We teach all of this stuff. This isn't stuff that you think, well, wait a second. There's only one person who knows this stuff. I mean, that's what we teach. Every day we teach it. Every day we go back over it. Every day we ask people to find these ideas, to develop out this thought process. Every day we're asking people to recognize the opportunities and get involved in these as narratives. Every day is another challenge. And let's see what happened next. Well, this is what happened next. The price came off this bullish order block, came off this bearish order block, straddled backwards and forwards several times at the US cash open, sell side above, buy side there. And remember, something else that you should be remembering about is what? Something else that you should be remembering about at this stage of the day. Your wholesale price levels, we're at 14s and 12s and 9s and 11s. Your wholesale price levels are bullish. The market is above the green zone. The market is green. So our automatic feeling is that that's what the market makers will know. That's what the market makers will be thinking. That's what the market makers will be doing. And therefore we should be more inclined to be trying to buy into this than sell into this. Great news, right? So obviously if we buy off the 21s, we make a structure break and we're off and running. And when we come up into our target price, we maybe take a little bit of profit at our target price just here. We might be closed off our positions entirely and we walk away. Now obviously you might be saying, okay, but let's go back a step now. Let's take it step back. All of this stuff is fantastic. You call this trade all in advance. We've seen the times, we've seen the time stamped tickets from Twitter. We've seen that this was all called in advance, traded on the right-hand edge. We get it, we understand that, but how can I see this opportunity? Purely from an order flow and a structural point of view. Well that's what we're here to look at. So let's take her off the 15 minute. Now why do we start at the 15 minutes? Because you need to have some of these levels on your screens before you go down into the lower time frames. It's far easier to do this work on the right-hand edge. If you're using a higher time frame of an Alice, 15 minute charts, five minute charts, even 30 minute charts to find some key ideas and key references. And then we go down into the one minute chart. Let's get rid of some of this noise. I won't take away all the lines because we've spent some time drawing in the lines. We won't get rid of them. So let's see what happens from the US cash open. Let's just get into the idea of market structures and how we can understand market structures and how you could trade these ideas if you were literally to take just simply a systematic entry to structure and process. Hopefully this will answer some of the questions about would this have been a buy trade here or would this have been a sell trade there? When we come into a market, the first thing we've got to do is we've got to look to the left. Why do we look to the left? Because we need to know where liquidity pockets are located. That's the point of structure, right? If I look to the left, everybody will realize that very simply without any real interpretation, we all know that the structure is bullish. You can see quite clearly that the structure is bullish. Now there's a challenge to that bullish structure. What is it? We know where the top edge is at the moment, don't we? That's the challenge to the bullish structure. We know that the bullish structure has got a top edge around about that 37, 38 print today. We know that that's going to be a big challenge. We know that we're going to have to really work hard to get ourselves through that price. So we don't want to be too close to it but yet structure suggests we should be almost buying right into that price area. But let's start just drilling down a little bit and start thinking about where we could maybe get in a little bit more aggressively before we hit that structure. We know we would prefer to be bullish so that's another aspect to our trading, right? So think about what we do know. Think about what we actually have. Think about what we've actually got at this stage, guys. We know that the overall structure is bullish. Coming into the day, we know that we are in the green zone. Now, why do we say this green zone? Well, because if you think about it, if you're on the floor of the exchange, what have you got surrounding you? You've got walls of numbers, right? If you've never been on the floor of the exchange, you might have seen a video of back in the good old days of floor trading. Surrounding the floor, there's walls of numbers and the numbers represent other markets. They represent the previous day's markets. They represent the numbers that we are gonna be referencing coming into today's markets in some cases. They'll have yesterday's high, yesterday's low, yesterday's close. They'll tell me whether the markets basically in profit above the close or losing money against the close from yesterday or tell me if it's above and it's making money. Well, the algorithms will know that. They'll predominantly want to be buying. So we already know that this is a bullish green marketplace. So we would rather be buying this. So if we'd rather be buying this, one of the key aspects to buying anything is to find starting point, find perhaps some level two buy side liquidity. So coming into the cash market open, where's the cash market open? The cash market open is of course right here. So the first thing I look at is when I look in the background, I try and find some liquidity. I wanna be long the S&P. I wanna be buying into this if I can. Now this is a wee bit different from what I said we would do. I said we would look at structure, but we'll do that in a second because I wanna just deal with what we did do rather than what you would do if you were purely trading structure. So one of the things you can see is that there is a very nice, very aggressive PING price right there and you just draw a line across the charts. Literally, just draw a line across the charts. And what does that do? Well remember what we said is if the market breaks below that and immediately goes back above it, it creates a level two. And a level two suggests that this is probably commercial buying. Commercial buying in a bullish market in the green zone. Well that wouldn't be surprising would it? And when we draw a box, what else do we do? We draw a green zone from the bottom of the box because we're expecting another box, right? So I draw a line from the bottom of the box across my charts and I'm expecting another box. And when the price drives through this area here, I draw another box because what happened? The price immediately rejected that lower price and immediately went back above again. So what do I do now? I draw another line below the bottom of the box just there. So now I'm starting to create some very obvious level two liquidities. And obviously what's happening here is that we've got a chance to trade other ideas. We've got a chance in a level two rejection to trade a tipping price or a Heisman trade or a BSG squeeze. Now the BSG squeeze is what we've been talking about recently because that's the easiest and quickest one to find. So if this was a level two buyer here, the first trade that you'd be able to look at if you were using this idea of one side, one side only is the previous sell side fractal. Where's the previous sell side fractal? Well, the previous sell side fractals right there, correct? So the worst price you could take is to buy the break of that price. That would be the worst trade you could take in terms of a buy trade is to buy one tick above that line. That's called the interns exercise. They're taught to take that trade. Now, obviously, as you start to learn and understand this, we've said to the guys many times in the past, what price would you actually take? You wouldn't take it one tick above, you take it two ticks below the level. And that's what we call the BSG squeeze. Now, you just don't take a trade two ticks below a level. When you get a BSG squeeze, what you actually do is you look at the market and if you're using order flow, you look for a withdrawal of liquidity coming into that price area. So obviously coming into that price area you're looking for a withdrawal of liquidity. So instead of getting a price instead of trying to bid 34 in terms of a market stop order, you're actually bidding, say, for example, you're bidding 33 and a quarter. So your actual buy trade would be 33 and a quarter. Right there, that's called a BSG squeeze. That's where your buy trade is, literally, that price. The takeaway from that trade was 33 and a quarter with a high price of 39 and three quarters. You made six points. Congratulations, you've just made your first $300 and it took you 60 seconds to make it, your first $300. Now, the challenge, of course, is that you're buying right into that very, very dangerous looking overhead supply level that's obviously sticking around. So when the price sticks on this and it starts selling off, you simply look at it and say, okay, take your monies, take some profits, clear out your trade. And anyway, in the background, you'd have already recognized that there was another key level here. Now, into that key level, some people might say, well, is that not also an intern's buy trade here? Yes, it is. And if you were gonna take an intern's buy trade there, you would be two ticks below that price as well. So you'd pay 35 and three quarters for a buy trade. You'd pay 35 and three quarters for a buy trade there. That's another BSG squeeze. But why would you not take that buy trade? Because you're in the middle of a level. You're in the middle of a level that you've already highlighted as a real problem for you, right? So why the hell would you buy into a problem, guys? My God, it reminds me of my ex-wife. I knew I was buying into a problem the day I married her. You know what I mean? So you don't wanna be doing that. If you can at all avoid it. Now it might creep up on you and surprise you. She did many times in the middle of the night with a knife, but that's a different story. So obviously you wanna make sure you avoid these things. Just don't buy into trouble. Avoid it. So what happens? You make some money, price comes back down again, runs back down to the bottom edge. Now, it doesn't give us a level two. It doesn't give us a tap back into this area here. You might argue that there was a bullish order block we could have played here, but there was no liquidity gain from that trade. This wasn't particularly a strong, successful auction to the top side. So a pullback, yeah, it's good, but it's not great, is it? It's good, but it's not great. Now obviously if we could enlist the help of somebody like Max to tell us that there was a brilliant opportunity by massive amounts of equities in that area, then we would obviously be delighted to take Max's advice on this matter. But obviously that's only if you've got somebody as absolutely nailed perfectly as Max. And remember, if you want to try and trade these without fading these, the first thing you could do, of course, and the same as with this one, when the price breaks out and it turns back up, your first trade could be a buy stop, one tick inside the value here, guys. That is a perfectly valid buy trade right there. It's called the Heisman entry. Perfectly valid to take that trade if you don't like fading on a limited order of it. So obviously the same trade would be valid for this one, the price breaks out here, bounces back up, and if it goes back above value there, you can see that that is a perfectly valid Heisman entry right there. So sure enough, with a perfectly valid Heisman entry at a price of 25.5, the price rallied up to 32 as you made yourself seven points, another $350. Congratulations, you're doing pretty good for yourself. So far this morning, you've traded the first half hour of the S&P so far, and you're doing some pretty good money. The price trades back down again. We don't get a Heisman, but obviously now we get a failed auction on the way down, don't we? We get a failed auction now. You know what I'm saying? Yeah, but with a failed auction up here as well, yeah. Come on, guys, wake it up. Why am I not even bothering to mention this? I hope it's pretty straightforward why I didn't mention this buy trade here, because it's not a bloody buy trade, that's why. Look at the dumbass price you'd be paying for a buy trade at that price. Stupid, right? Now, if you hadn't done your work, if you hadn't obviously identified this key level, you might have been taking that buy trade in which case you absolutely get mauled by that sale that came in following it. But because you already know this is a problem child, you just avoid them, right? You just avoid them, you pass them off to somebody else. Just say, no thanks, mate, I'm not interested. So what happens? Well, you can see what happens. We get another opportunity with a little fractal ledge right there. We get another opportunity to take another punt in this. So the breakout trade is at one and a half. Your buy entry would therefore be at ones. So there's your buy entry right there, just before she goes. There's your buy entry right there. Does it do okay? Sure does, it goes from the price of ones to a high price of three and three quarters. You've made yourself another hundred dollars plus a bit of change and you're in good shape. Now, one of the things I've told the guys in the room about trading these types of ideas when you're in these areas. If you don't like this idea of when do I put my stops in the breakeven, don't put your stops at breakeven. Don't have such a thing as a breakeven stop. What I also teach is that one of the things you can do to avoid getting stopped out at breakeven all the time is make sure that you trade multiple contracts. Why would that be important? Well, if you think about it, if I've just bought in this area here and I've bought at 30, when the price goes up and I say, you know what, I'm gonna take some 33s. I'm gonna take a hundred dollars off that trade and I take eight ticks out of this. I can now afford to put my stops at somewhere around about the 29. And I wouldn't lose money on two contracts, would I? I'd basically breakeven on two contracts at that stage. So I could put a hard stop at 29 and a quarter. And on the basis that I've just taken out $100, I could use an $87.50 stop, couldn't I? On my second trade, in which case, on two contracts I've just made myself $12.50, minus two commissions. In other words, basically a breakeven trade. It's the trade, it's not the contracts that's a breakeven, guys. It's the whole trade. Two buys is one trade. I buy areas as a trade. I don't buy individual contracts, I buy areas. So therefore, putting a hard stop at 29 allows you to, a little bit of breathing space. It allows you to take a look to see if you want to add again back into this trade on the way back up again, go back up to two contracts and try it again. In other words, buy one again on the way back up again. And what happens? The price never stops you out at 29, turns back up and possibly, if you still like the trade, gives you another buy trade. And it gets you into a buy trade just here at a price of 31 again. And on this occasion, obviously, it breaks through the top edge and you maybe say, right, book me some profits again. There's a classical location to book some profits into. And you book some of your money. The price fails, comes back up. I ain't gonna buy this price, guys, that's madness. That's madness. I want a little bit of space. I would rather buy above this price or below this price. I just don't want to buy this price area. Now, interestingly enough, you'll be able to see that we get an inside market level two, don't we? You can see that if I draw some fractals off the bottom edges, there was a little bottom ledge just there. And following that, there was a little bottom ledge just there. And you can see those little bottom ledge was where my buying came in, right? So you can see we ran that bottom ledge, came straight back up and said that value. And you say to yourself, there's a level two buy trade right there, assuming you're trading this as one side buyer, right? There it is. So where's your buy trade? The top of the box, one tick above the box. You'd get another Heisman buy trade, one tick above the box there. And what do you do next? Hopefully what you do next is you draw a line against that price because there's another possible level two buy trade at that point. What happens next? The price goes up okay? Makes a wee bit of money? Sure. Scratches you back out at break even, perhaps? Stops you out for a plus one on the two trade contracts that you've just got, perhaps, depending upon how you managed it, right? But what is this now? You already know what this is. It's another level two buy opportunity, isn't it? So when you get a box and you draw a line and you get a break through that box and it goes back above, it's another box, right? So there's your next buy trade just there. You've just bought two more contracts. If you had stopped out at plus $12, you've just bought two more contracts at 28 and three quarters. Your long two contracts, 28 and three quarters again. What happens? What a trade. What a bloody trade. You can see what happens. The price manages to make its move, it explodes through the top edge, which is great news for us, obviously. It manages to explode through this. We've got two contracts in the market. You might be saying, but why are you holding the two contracts? Why would you not take one off? Do you see where the buy trade's coming from? It's not a bottom edge trade. This is what we call a top right-hand hold. This is like the half-back trade area. I don't wanna take my two contracts off. I'm buying them to try and press them higher. I don't wanna be as aggressive and profit-taking as the value collapses in this trade. So when we take out the highs, now we take a contract out. Now we take a contract often. And you see the bigger the candle here, the more we like the profit. There it is right there. We take one contract out at that stage. We leave one contract in to manage to see if the value is gonna improve again. And our job, of course, now is to try and be in. At what price? Oh, bring your chart up to date, guys. You tell me this is an S&P one-minute chart, US cash open coming into the London close, the US and New York lunchtime session. What's the next trade, obviously, setting up on that chart? Well, there is only one trade that's very obvious. And that is the high, that is the interns buy trade at a price of 43 and a half, correct? Now obviously, if you're catching up with your charts, we can see that there's a couple of things that you may have decided to mark on your screens. You may have decided, for example, that this little cell resulted in two very fast candles. So you might be quite accurately looking at that and saying to yourself, you know what, I think I could mark this as a bullish order block. Remember, it's an opinion. It's not in stone. You can always adjust if you think otherwise, but there's a bullish order block. So that's giving you something to consider if the price were to trade back into that area. Remember, you're long the market. You're doing some pretty good business. You're making 100% profit so far. Every trade's been a winning trade using a very simple systematic process of level two buying at the Heisman and of course, BSG squeezes. Every single trade has been a winner. We've had one, two, three, four, five, six, possibly seven trades so far. And they've all been able to get a winning trade out of them. Seven trades out of seven trades. So what happens next? Let's see what happens next. The price pulls down into this area. It doesn't trade the bullish order block, but it does run a level two liquidity. Does everybody see it? Remember, liquidity means two to the left on a pivot. So what we're looking at is a little pivot price that came in from this green candle here. There was a little pivot price there. The price went below that. It might be very difficult to see in my charts, but if you're doing the exercises, which you should be doing, you'll see in your own charts. So in other words, we could have drawn this as a level two, couldn't we? And if we draw it as a level two, what else does that give us? It gives us a Heisman entry. And if we get a Heisman entry, we can obviously now take that trade there as a 3675 as a buy trade at 37 evens. And there's another buy trade right there for a Heisman entry. Now, one of the trades we haven't talked about is what we call the tipping price. What is the tipping price? What is the tipping price? And I want to go back actually, because I've actually missed a trade, but we'll come back to that in a second. It's not a structural trade in the normal true sense, but it is a very easy to see structure you probably already spotted it yourself. What is the tipping price? The tipping price is a standard, simple basic arithmetic. And that is the inside of a structure. So for example, if I look at the simple arithmetic of a market move, and I see a price going up and I see a price coming back down, at what stage in this structure, on average, do the buyers start becoming more profitable than the net sellers? When the buyers start becoming more profitable than the net sellers, that's the tipping price. Because obviously there's more sellers that are going to puke than buyers now. So that's going to be the tipping price. So we obviously, if we can understand where that is, we could obviously use that to try and join the trade. Well, if you're looking at it from a simple arithmetic, if every price had the same number of contracts on it from an arithmetic theoretical point of view, it would obviously be somewhere about here, wouldn't it? It would be somewhere about here that the majority of buyers become more profitable than the majority of sellers. So the price would trade up to that. That's the tipping price buy trade right there. That would be the BSG buy price right there. That would be the interns buy trade right there, if the price trades there. Now, sometimes what you find is that this area is also very similar to something like the POC of the bracket area. So we can obviously understand the POC. Now, other things that you might find is that you get a little ledge in price action. So if the price is coming up, for example, here and the price trades down and you're sitting there saying there's the tipping price here or here and the price comes up and it starts doing this, you can simply recognize that there's a little ledge here which you could even use a micro interns exercise and just say, you know what? If it takes out that price, that's my tipping buy. It takes out, I don't have to wait for the POC because that's going to be building a POC in that area. So as soon as the price goes above this by one tick, I'm in it long and the price goes up. That's called the tipping price or the TP. So we've got a lot of ways to enter this buy trade, haven't we? We've got a bottom edge level too. We've got a Heisman trade entry. We've got a tipping price and we've got a BSG squeeze. So this is obviously what we call the, the fade. So this is the level two fade to trade here. We've got the Heisman entry. We could probably all agree that we've got a tipping price. There's a few pins in here at that price area there. So you could probably all agree with me that that looks like a tipping price buy trade. And obviously we now have the high price so we know exactly where to put the BSG squeeze. The high price is 43 and a half. The BSG squeeze will be 43 evens or thereabouts, right? So 43 evens, 42, 75, 43 evens. There's your BSG squeeze. Now all of a sudden you can see that we've had potentially four trades. You might say there's only three there. That's because the Heisman and the bottom edge level two are pretty much the same arrow. The Heisman would be here. The bottom edge fade would be just below the Heisman. Then the tipping price, which comes in as we break that ledge. And then of course the BSG squeeze and then your profit take. So you've got four ways of entering this rally here. Possibly take all four. That would be a bonus. My God, you'd make a lot of money if you take all four trades, guys. My goodness, you would make a fortune. That's called pressing a trade. Now, Charlie D, if you've had the chance to watch the video and we suggested that for this free classroom that you go away and watch the video as part of the classroom. It's two hours long. And Charlie D actually makes mention of something very, very important. He says, how do you make a profit? He says, how do you tell when you're a successful trader? And the answer that Charlie D gives is you add to winners. Don't add to losers. You add to winners. Well, what's happening during that level two Heisman tipping price BSG trade? You're adding to winners at higher prices, aren't you? You're getting bigger and bigger size with profits. With profits, you're getting bigger size with profits. Four trades, back to the previous top edge. You've already got four trades on. And that gives you a lot of scope for flexibility. What happens in terms of taking profits, about when to take profits, about how to manage some open positions in a... And you could obviously just manage to do what's called a moonshot. Just let the ball roll. Let the ball roll. Run an average break even stop on the four trades in total. Make a fortune if you get a good breaking market. Make nothing if the market doesn't break. Simply break even. But if the market breaks, guys, you make a fortune. So there's your choice. Make a fortune or break even. So some people don't like that because they prefer to make consistent, small gains. And that's a choice. It's a personal choice. There isn't a right or a wrong answer. Let's see what happens. So now we're at lunchtime London. Let's see what happens, guys. Structures bullish. We can all agree. Structures bullish. We've got a takeout of a good price area here. We can see that there's a little bit of toxic, perhaps in this area. Two fast candles to the upside with follow-through. We could probably all agree that this is a definite bullish order block in this area. So what you would be doing is probably looking at this red candle here and saying, right, I've got a bullish order block. I want to make sure I mark my charts. You're only buy side at this stage, correct? And that sits perfectly because we know that the RGL is green. We know that the major key levels are green. We know that the market structure is green. So we don't want to be looking for sales, except to do that glorious thing called profit taking. We look for high volume top lines to sell into, big up candles to sell into. Now, what happens next? Well, we can see what happens next. We get a failed auction to the downside. We can see we get a failed auction to the downside. There's a lot of stuff happening here. Bearing in mind, this is lunchtime, guys. We're 1,600 hours. London equity markets are coming to an end at half past four. The London fix and the forex markets is already in. The markets are usually bound to be quiet here. The big dogs on the trading desks have all gone to lunch or have finished for the day. And it's basically the desk jockeys who are currently covering for this period on the chart. So they're basically, they're told to not get in themselves into trouble, to just deal with the orders as they're coming in. Don't do anything stupid. And just try and make sure you don't lose any money till the big dogs come back to the desks. So obviously what happens is we get a little bit liquidity, a little bit of liquidity, a little bit. Remember, we're trying to be buying here. Now, none of these is a solid buy above a level. You probably agree with me. None of these is changing structure for me at the present moment. The big change of structure came in here. So for me at this present moment, if it helps to answer any questions, for me, the break of structure just now would probably be about 36. Because none of these is a solid buy above the top line. None of them. It's all pin rejections, it's all noise, it's all garbage, basically. So what does that mean? It means I'm still buying on down ticks. It means I'm buying level 2s and Heismans if I can. I don't really want to press my advantage at this time of the day. I'm going to try and buy cheaper and better. So obviously we've got a couple of levels that we get a level 2 from. We could all argue which ones they are, but you could agree with me that there's perhaps a little level there. I get a tiny one, literally a one tick level 2 there. It's so small. It's almost stupid writing on the charts, but you get the basic idea. There was a one tick level 2 there. We had another couple of level 2s during this little flurry of activity here. And again, if we even wanted to draw further across, draw another straight line, we get another one tick level 2 right there. So these would all be potential Heisman trade buys. Every one of these trades could be Heisman trade buys. We could have had another Heisman trade buy here. We could have another Heisman trade buy here. None of them are big enough to put in a tipping price, perhaps. So and I don't really fancy buying a breakout because of the time of the day. See how that simple knowledge comes to the fore, knowing that there's times to press your luck and there's times not to press your luck. Once we get past this 4 o'clock, 5 o'clock stage, I'll start pressing my luck. I'll start buying back into the BSG squeezes. I'll start looking at value to extend my gains to the upside if I get the opportunity. But for this period, I'd rather just buy at cheaper prices and rotate out at slightly higher prices. So in terms of profit taking, just using those little breaks of level 2 liquidity just to take a little bit of money off the table. So what happens next? Price comes back down again, turns back up. We're now getting through 1700 hours. 1700 hours. London's now gone. Liquidity banishes out of London. We're expecting to start to see the possibility that we're going to start seeing the US volatility kicking into the markets as they stand alone market. Europe's closed. London's closed. It's over to you guys in New York. What are you going to do with this market? How are you going to make your weekend money so that when you go to the Hamptons, you don't have to worry about the price of a bottle of champagne, a nice bottle of Cristal or your favorite Cuban cigar. It's time to mark up the price. So you can see, of course, that we've got a couple of little level 2 liquidity top lines. You can see we could have had a top line here and you say, okay, a failed auction, which is good news because we've had level 2 so I don't really want to press it from a level 2. But we get a failed auction here. A failed auction at 1658 on the downtick. So because we've got a failed auction to the downside, now what's a failed auction, guys? A failed auction is something you all know about. It's where we get a higher low in terms of structure. So we've got a first of all established that we had a higher high phase. So in terms of market structure, we've already established that we had a higher high here. So we got a higher high here and we had a higher low here. Now you don't know you've got a higher low until you've got a higher low. That's why you can't just come in and buy the downtick because that's not unless you've got access to somebody like Max who buys the pullbacks, you're not going to know that's a higher low until it is a higher low. But obviously when it does turn and it goes back up, you have several possibilities. You've got the tipping price here and you've got a BSG squeeze here. So you've got two tradable opportunities. So let's get back to the chart. So we've got two tradable opportunities on a failed auction. We can see that currently the level 2 buy would be below that red line on the right hand side now. So the next level 2 auction would be now below this price of 43s. The price goes below that. I can start bidding as far as a limit order bid. If the price goes below 43s and then goes back up to 43 and a quarter, I could put a Heisman buy stop order in place. In terms of a tipping price, I'm not sure I've got a good tipping price in here. If I do, if I was to look into this and I got a nice big volume lean for whatever reason, it's probably realistically going to be about here. If we've got a tipping price, it probably would be about there because of the two candle overlap here, the three candle overlap, and then the break there. That's probably your tipping price. And obviously your BSG squeeze, we know what it is, 48.5 top line. You're going to be buying the BSG squeeze at 48s, correct? So you're going to bid 48 right there guys. That's your buy stop, 48. There's your buy trade. Where's your target price? In all this excitement, we forgot to think about where our target price is. Well, our first target price is usually the bracket measured move. Now, if you're a very aggressive scalper and you do like to add a lot of size into these trades, basically for a BSG squeeze, what the BSG squeeze algorithms actually do is as soon as the price takes out the prior high, they start taking profits, literally. So in other words, if it takes out the prior high and we're two ticks below the prior high, the BSG algorithms actually take profits at plus three ticks, plus three. That's called scalping, isn't it? You're scalping literally a few ticks out the market inside these very, very, very strong momentum based areas. But if you're trying to swing it, of course, you've now got a low price, you've got a high price, and we can obviously simply make another measured move target price. We draw on our charts and we say, right, I'm going for a, I'm good for a top line price of 55 here at the moment. To take some profits, and not to take all my profits, but to take some profits, 55. So let's see what happens. Let's carry on with this process. The price comes up, the price comes back down again. We're now at quarter past 17. Things look good. We're starting to see some shapes forming that we could maybe exploit with a possible level two, a possible Heisman, and a new BSG squeeze, the new BSG squeeze, of course, is obviously now we're looking at this price here at 52 and a quarter. We can see that there was a, there was a little ledge here on that red candle here. And what we'll do is I'll zoom in a little bit because it's obviously getting very tight in here. So you can see it around about 1711 this evening, London time, 1711. We can see there's a little red candle that has two upturned candles that gives us an ability to just mark that off as a possible level two Heisman. So obviously that's correct because that's exactly what happens. The price goes below it. The price goes immediately back above it at a price of $49.5. You've got a buy stop order at $49.75 for a Heisman trade. So there's your buy stop order right there. The price comes up. The top line's buy trade is $52 and a quarter. So you're going to buy $51.75, right? You're going to buy $51.75. Now disappointing for your BSG squeezes, you probably get filled there and it drew down against you a little bit here. Okay, so what? You're on a buy trade at the bottom edge. You've already possibly taken some money off that trade anyway. You've got stops way off the bottom edge in terms of a break even. And you're in a trade and now it breaks higher. And you simply take a little bit of profit. Come back in and you say, thank you very much. I'm going to take another little bit of profit. Remember, you've got a target price here of about $55. The second thing you're starting to recognize is we've managed to take out the $42.50 level. Now obviously $42.50 is a relatively big wholesale price for S&P, isn't it? The S&P, the Americans love their quarters, their halves, their three quarters, and their zeros. They love these quarters and eighths and all these kind of numbers. They still do. They don't like the metric system. So we've obviously got to pay attention to this idea that $42.50 or $52.50 and all of these prices are relatively important. The bigger the round number, the bigger the importance. So $42.50 is the second most important level as opposed to $42.00 evens or $43.00 evens. So this is a big level for us. So holding above this is actually quite a big deal. Okay, let's see what happens next. We have a couple of clues. This market's now broken and holding above the top edge. So you may well now decide at that stage that your break of structure moves up from the previous level into the lowest price of the new level. And this is now your break of structure at $43.00. Everybody agree with that $43.00 break of structure? Hopefully you're drawing it on your own charts. Hopefully your charts are up to date. Hopefully you're starting to see these very, very simple basic elements through these processes. It shouldn't be that difficult to be able to recognize some of these opportunities. Okay, let's carry on, guys. Let's carry on. Okay, we're taking ourselves up to $17.50. What's happened up to $17.50 this afternoon, guys? Well, we can see that the price is kind of trundled higher. It's not really done much. We haven't quite reached our top line target price. We've literally just pinned the top price here. You can see that it's not had any closes above. We're not aggressively moving our break-even structures or our reversal structures at any stage just yet. And that means something very, very significant for us. Number one, we've got a top line price. Number two, we now have a pullback price, which is now here, which means that we also have a Heisman price, which means we also have a possible tipping price, which means we have a new possible BSG squeeze. Now, at the top edge, we also have another little ledge here so we can try and get into the BSG squeeze a little bit earlier, a little bit more aggressively than the top line price. That's a good thing. That's not a bad thing. That's a good thing. So obviously, this top line that we've got here is at a price of $53.50. We haven't got a level two, so that means it's a failed auction. That's good news, so we should be able to make some easy money here. So obviously, at the price of $53.50, we're looking to buy this at $53.00. Buy, stop, order at $53.00. So we put our buy stop order in here at $53.00 at $17.36.00, and we're looking to now press through the top edges. Now, as I said, the algorithms, what they'll do is, one tick through the top edge, they will book their profits and get their stops at break, literally, their stops at break even. If that's you, not sure if that's what you want to do, because it's an aggressive buy trade, that's what you want to do. Okay, so what happens? We get a rejection at the top edge, so you're probably thinking to yourself, I reckon we're probably going to go lower, which would be a realistic thing to consider at this stage, and the price breaks into a level two low. Now, remember, you're not necessarily buying the break lower. You're waiting for the break lower to be bought, and then you're joining in when it does break. And obviously, when the price breaks the level two, and it trades $51.00, and it comes back up to $51.50, you're putting a buy stop in at $52.00, and sure enough, you're often running at $52.00, and you're back in the game again. So now we've got a possible tipping price, you might agree with me, but there was obviously a couple of pins in here, which I quite like around about the halfway stage in this area, so I quite like that price. There's a bit of space for me to get a tipping price and the BSG, sometimes they basically occupy the same space accurate to one or two ticks of each other, but if we've got a little bit of space, I quite like the idea of getting my tipping trade on as well. And obviously, the top line price is now at a price of $54.50, so where's our buy trade, guys? $54.00 evens. Our BSG squeeze is now a buy trade at $54.00. We get a buy trade at $54.00 right there. The disappointing thing for the algorithms and for you is you don't automatically get that fast money break to the upside, and you say, ah, bollocks. But during pretty good shape, right? You've got a buy off the bottom edge for a Heisman. You've got a buy tipping price at $52.75, and you've now got a top edge price of $54.00. You're not going to lose money in this trade. Not a chance. So let's see what happens. Okay, it doesn't take out the highs. The price stalls and you're saying, damn it, damn it, damn it. The price sells back often, maybe you scratch that whole trade for a zero, plus one, maybe you scratch the whole trade here for a zero. Three trades, a bottom, a middle, and a top. You're scratching that for plus one, you're maybe making yourself $12.50, maybe 25 bucks. But the whole trade is maybe scratched. Okay, so now you're ready to start again. You're still bullish. We haven't had the change of structure. The change of structure is still at 43s. It hasn't changed. It hasn't changed in any way, shape, or form. So we are only bullish buy side, buy side only. We want to try and stick to the buy side because we are green. We're bullish the markets and the structure still bullish. So we start finding the new levels. Well, where's the new levels? Well, this was the level here. So that would be pretty obvious to have in the charts. However, we've updated that level with some new levels that have developed at this price. So we've obviously got an opportunity to start all over again. We've got a Heisman trade right there. Now, I don't necessarily have a tipping price, but I could possibly draw in a BSG squeeze right there. It's pretty tight, guys. I know it's pretty tight, but the Heisman trade is there. You're in at 52s. If you're going to take a BSG squeeze, you're looking at a price of about 53 and a quarter. So you're about five ticks away from your Heisman trade. It's pretty good. It's okay. It's not bad. So obviously you take your buy trade in here. You get a profit. It goes above the top edge. And if you're obviously still concerned that this is still early in the lunchtime session, usually the lunchtime session, 18, 18, 30, 1900 hours, that's when we start to see the real market wrapping up because the dogs are back at their desk, okay? The big dogs are back at their desk. So you know we're going to be futtering about with crap here for a while. So what happens next? We get another level two trade right here. 1802, the price pulls back to give us another level two buying opportunity right there. You should be copying along with this guys. You should be copying along so that you see what I'm saying, so that you understand that it's there. It's there in front of your own eyes visibly and therefore tradable. So you hit the Heisman opportunity to buy right there. Now obviously that previous high gives us a new fractal edge that we can lean against here. There's a couple of nice pins in here for a possible tipping price rather than a BSG squeeze. Now if I took the tipping price at 53 and a quarter, 53 and a half, I wouldn't be taking a BSG squeeze one tick higher guys, that's just stupid. Too many trades all at the same price puts me into serious trouble at times. So there's my tipping price right there. What happens next guys? What happens? What a nice takeaway from the upside. So we can see that coming into 1800 hours, the price is now broken structure. We've got a good close above structure and we're in pretty good shape now, aren't we? We're in pretty good shape. So let's carry on, let's catch up. So we've now got a new top edge. We've got a new pullback trade here. Now if you want to get really aggressive at this stage, you can say to yourself, well, wait a second, there's a lot of buyers now in this area here. So I quite like the idea that this is now a break of structure. So I'm going to bring my actual structure lows from 43s, I'm going to bring them up from 43s now. And I'm going to bring that structure into a price of 51. And that would be a good idea because it would correspond to a break below 4250 at this stage, wouldn't it? So a break below 4250 would open up the door to possible market selling as a net short position. Give us a bit of room. Okay, let's see what happens. Price pulls back, price goes back up to the top edge, we get a BSG squeeze. We take out the highs, a new structure high. We don't get a pullback, we get a failed auction. We go back in for a BSG squeeze again here. We take out the highs, we get another three ticks, we get another failed auction. We come back in for another BSG squeeze. We take out the highs, we get another three ticks, we get another failed auction and the price comes back. And what's happening in here is we're getting new, more aggressive level twos forming. And that's something that we should be mindful of because they're all very close to each other, which means there's a lot of stop liquidity starting to build. We call this paycheck liquidity. There's a lot of liquidity in this area between 56 and 54 that we should be very, very mindful of. Because if we're buying the structure and you're learning the structure of the HFTs, which is what you are learning just now, all of their stops are probably starting to build at the same price area, just below this 55 print. That means there could be quite a sizable drop through the 55, which we must be aware of. Let's carry on. The price takes out the first structure. We take out a high price first of all guys, so we get another one just there, another three ticks. Another three ticks. Take out the highs and then the price breaks structure. Now remember, we're not buying when it breaks structure, unless you're very confident about how to trade on the downtick. You're only buying if it goes back above the highest red line. And it does go back above the highest red line. So it trades the red line at 55, 75. You're buying at 56, aren't you? You're buying at 56. And you're targeting the high price again here. The price comes up towards 56. You want to get a BSG squeeze? Well, you want to get a BSG squeeze. Now, the worrying thing about the BSG squeeze is, is because it's came down through this area, it sometimes takes a little bit of effort to get it through the next one, because we got a lower low in the microstructure, which means the sellers were relatively successful the last time. A level two liquidity tells me, this was level two, that level two liquidity tells me that we're going to have a little bit of difficulty getting through that price perhaps on the next swing, just like this last level two here, back at 1800 hours. But level two tells me that we're going to take a couple of attempts to get through the next high, because the last seller technically was short-term successful. It's relatively straightforward logic, isn't it? So what happens next, guys? What happens next? Well, nothing much. Well, we come back into the same level. We turn back around. You may well now think that you've got enough space. You may think you've got enough space to go for a tipping price rather than a BSG squeeze. There's a tipping price trade just there. What's going to happen? Let's see what happens. Boom. What an attack, guys. What an attack. Right up to 61. What a breakout trade. What a winner. What a winner. That's pretty impressive, guys. Now, obviously, it's up to you at this stage. If you're being very aggressive, you're going to bring up your structure change, because that's now broken structure here at 58s. The lowest load between that structure is now going to be around about this 55-print. So we're going to bring the structure up at this stage to a 55-print level. We're now going to run structure off the 55s here. Yes? We're in good shape. We're in very good shape. So when we look at this as an idea and we start thinking about this as a storyline, we can see that this is pretty powerful stuff. It's not just random opportunities. It's got structure. It's got entries. It's got process. It's got objectivity. None of these trades are subjective, are they? It's a lower low, which gives us a highsman. It's two ticks off the previous high, which gives us a BSG squeeze. These are all objective trade entries, which means that being an objective trade entry, these ideas are repeatable and scalable, and we can look back on our charts and we can verify by testing backwards that these are all great idea trades that we can use on any marketplace. So let's see what happens next. Let's just carry on going, guys. Let's carry on going. We're getting there, aren't we? We're getting there. So there's the high price. The price comes down. Then the price rallies, fails to take out the top edge. It's 1900 hours. Yes. The price fails to take out the top edge at 1900 hours. But what have we now got at the bottom edge here? We've now got a level two here, haven't we? We've got a new level two. So obviously what that means is a new level two means a new highsman trade. So the next highsman trade is when the price breaks below that price at 58 and a half, you've got to buy trade at 58 and three quarters. You're buying at 58 and three quarters and you're now ready to trade. Now, we now have a more aggressive BSG squeeze price, haven't we? Because we've got that little ledge right there and we've got this ledge here. So we've got a very aggressive BSG squeeze which looks more like, to be perfectly honest, a tipping price. It's in about that halfway stage. So we obviously can go in now just before it or just after it. 60 evens, good wholesale price. 60 evens, it's a 10. We could get in 59 halves if we want 59 halves. We'll try to bid 59 halves here we get on. And there's your next buy trade, guys. The takeout to the top edge, take some money off the trade. A presto, things are looking good. Let's take another look. Is that good enough to move your structure? Probably not. It's a break above the top edge and it comes back inside. So it's not good enough to move structure at this stage. I'm happy to leave structure where it is. There's the new top edge just there, guys. The structure for us is bullish above 55s. Bullish above 55s. One of the things that you might be starting to recognize is how much different is this trading style? Being able to just remain on the long side, not worry about having to try and sell it, not worrying about what happens if, just simply carrying on with the process. Let's see what happens next, guys. The price pulls back. We get a couple of pin rejections, which gives us another level, two level right here. The price then comes away from that level. And then it pins just here. Now, one of the things that you'll start recognizing at 1924, it pins at 1924. Now, this is usually a good thing because I like to see that little pin at the inside level because it gives me a more aggressive entry price to go for that BSG squeeze. I hate getting BSG squeezes at top edges. There's just something not natural for me in that price. It's great for the algorithms, but it's a little bit unnatural to buy into that top line, but it makes a lot of money. I just don't like it. So I prefer it. I prefer it when we get these little ledges here. So we've got two ledges at the top edge. This one's a little bit more aggressive at 61 quarter. So I could pay 61. I could pay 63 quarters for a buy trade. And I would be looking to get into the buy trade just there. What a beautiful buy trade, isn't it? Price breaks clean out of that area and explodes north. Now, one of the things you'll probably agree with me on this occasion is that that is a clean break. It's not a rejection. It's a clean break. The price goes up beautifully. We see that lovely bit of business. We see that lovely bit of business. And obviously what's going to happen next is we've got a new structure. What does that new structure mean? That means that I can come off this price here and I can bring my structure and I can now run my structure. I've gone too far guys. I can run my structure off of this level because that's the level that's broken because we never counted this one, remember? So that's the structure that's broken. So the lowest low of that structure is now this price here. This is now my structure low at 58. Has everybody got that price? Does everybody see why we've got that price? Does everybody have that price? Now we're still bullish above 58, bearish below 58. So we can still keep focusing on the buy trade process. We can keep focusing on the buy trade which is great news because that's what's making this money, right? So let's see what happens next guys. Let's see what happens next. Wow, what a trade. What a fecking trade. That's a beauty, right? We've just went from 60s to 70s. We've just made ourselves another 500 dollars per contract. Crazy, isn't it? So what happens next? We get a pullback, new bottom edge. So which means we can now mark off the top edge. This price will now become a possible, a possible reversal price, correct? But that's only if we clear 69.50. Then this becomes a possible reversal price. What happens next, guys? We come back down into this area. What does that mean? We get a level two buy trade here, don't we? Did you all have that price? You're supposed to be getting ahead of me on these charts, guys. That's the challenge, right? That's what your challenge is, is to get ahead of me on these charts. You should already have this level two marked off and say, yes, I had that level two trade. So let's see what happens. So we got a beautiful level two just there, which means we got a beautiful Heisman trade just there. It's the most beautiful Heisman trade you've ever seen. There's a beautiful Heisman trade right there. Price of 66 evens. We're coming up to a new pivot price in the middle here. There's a new pivot price from that top edge. Just a little bit shy, which I like as you know. I like that. I like that. I like that a lot. That's what your chart should look like, with one exception. Should have a little line now coming off the bottom of that level two. So we come up into the area. We're starting to get close to that price. You may have taken a tipping price at 67. So the range is extending. That's why I quite like the tipping price. There's two pin candles in here. That's what I'm looking for. A little ledge at the same price that I can just put a little tipping price trade in. I like to do that when I think I'm getting close to a top edge. The nearer I get to the top edge, the less excited I get about BSG squeezes. Because I know I'm buying into trouble. So I'd rather be buying level twos, Heismans, or tipping prices than BSG squeezes. The closer I get to a possible end of day or what I think is perhaps a measure move or something else. So let's see what happens. Oh my goodness, guys. Oh my goodness gracious. We come into the top edge. We come into the top edge. You can see that we've just absolutely killed it. Beautiful trade. If you took the BSG squeeze, either here or here, wonderful. Price breaks and holds above the top edge. So what are we going to do with our structure price? The structure price because that's now a break above. Remember the structure price is based on the previous high and the new break high. So the break high came in here and the lowest low price is your new structure break price. So we now have a brilliant area to put our structure break price into. Structure break comes up to this red line right there. And that's your new structure break price 64.75. We're still by side. By side only, aren't we? Let's see what happens next. The next level two trade we have is perhaps this ledge here. So that's what you're marking on the screen. You're marking that level. You're marking this level because there the level two is. Correct. So let's see what happens. Well, nothing much. We start seeing a cell coming in there. The price hits a low price here. It comes off that, which means that you'd have been struggling, but you'd probably have had enough room to get a BSG squeeze in. But if you don't like it, I accept that. But if the top line was a price of 72.5 and it dropped down to a price of 70, you've got about eight ticks there. You could get two ticks before the BSG. So you'd put a BSG squeeze in at 72 evens. And we get a beautiful break with a beautiful profit to the upside. We now have a new high or high here. You might be saying, but do we move this structure up at that stage? Well, not really, because this is really just the one move, isn't it? We haven't had any reasonable pullback yet. So we don't really have an ability to move up the break of structure. You can move up the break of structure if you want, by the way. In this case, this is the subjective part, right? The high has been buys, not subjective. The level two is not subjective. The BSG squeeze isn't subjective. The tipping points aren't subjective. But what is subjective is, when do I move the structure? Because that's going to be dependent upon whether you believe you're getting closer and closer to a top edge. Whether you believe the value is changing. If you think the value is changing, I want to get really aggressive with my break of structure. If I think the value is glorious and that we're going on forever to the upside, I want to try and keep that break of structure as far away from the break as I can. So that's the subjectivity in this. So there's no real pullbacks in this. So I don't really want to move this price up yet. I'm just going to leave it at 65s. We've now got this ledge here. We've still got this ledge here. This ledge here would take us into a break of structure. So that would be difficult to accomplish, wouldn't it? The bottom ledge, the price of 65 and a quarter. That'd be difficult to get a level two buy without breaking structure. So I'm not going to draw that out. So now we've got a top edge. What are we going to do about it? Well, a top edge, price pulls back, turns back up. We've got the possibility of a tipping price, perhaps against the red candle, but I don't really like it. So possibly just a BSG squeeze at 75 and a half, 75 quarters. So a BSG squeeze. The good news is we've now got another level two to draw on our screens, which gives us another chance to get a little bit of a break of structure. And you can see what happens. We get a break to the downside. Now we don't get a Heisman trade because the price breaks down and it doesn't turn back up again. So that's not a Heisman trade. It's not even a level two. It now comes down to this price. It does not break structure here. And then it goes back above this price. So there's your Heisman trade right there. It's not a Heisman trade. It's not a Heisman trade. There's your Heisman trade right there, isn't it? This becomes a level two buy trade. There's your Heisman trade. And there's your target price. Now this is a pullback. This phase here is definitely good enough for a pullback. And therefore if the price breaks 77s and it holds a close above 77s, I would now use this price as my break of structure for selling into. So I'm going to be very, very excited to see this. I've also got a BSG squeeze somewhere around the 76s. So the price doesn't give me my BSG squeeze. Interesting, isn't it? We get a little stutter step, comes back out. We've obviously got a couple of key levels at almost exactly the same price here. We're watching very, very carefully. We've now got a new fractal ledge in here. Nothing's changing, guys. It just seems to be a more difficult time of the day, doesn't it? It seems to be a little bit more problematic for us to get the trade on. So we've got to be careful here, right? We've got to be very mindful of this. We've now got a new low. You might say, could we not have used this as a new low? Not really. It's one candle to the left, one candle to the right. It's not really good enough. But we've got a new low at this price. We've also got a top edge here. So we could get into a nice BSG squeeze. So let's see what happens. The price trades back down again. I've got a candle to the downside, which means I can bring in my BSG squeeze into this area here. I've got a BSG squeeze here. And I've got a BSG squeeze here. So that's a good range, isn't it? That's a very nice range to do a BSG squeeze. The lowest of the three lines is 74.5. So I could put on a buy trade at 74 evens. So I could obviously put a little buy trade in here at 74 evens to try and get in as early as possible for the break. If it breaks higher, let's see what happens. It did break higher. We made some nice money, didn't we? It made some very, very pleasant little cash right there. Take some money, take some profits. You can see obviously the time of the day. We're running out of time. The day's about finished. So we've got to be taking some of this money now. Take it a little bit more aggressively. Make sure we book and bag and tag some of that money on the way. But let's bring our chart up to date, guys. Bring your chart up to date. So where's your level two is? Your level two is now here. Your level two is now here. Your level two is now here. And your new level two is now here. Now that's not a real breaker structure because there's no real solid closes above here. So I'm not aggressively bringing this level up, am I? I'm just going to leave it where it is for the time being. I also mark off my new high price, which is now at 77.75. I'm going to be looking to take a BSG squeeze at 77.25. And what happens next? We're now up to date on the right-hand edge of your charts. What happens next, guys? We break the structure high. It pins, but we take some profits if you want. It pins, comes back inside. We don't take out the low. The low is now resting at this price here. I don't know why I've moved up to that price, but it doesn't matter. We've got level two is coming out over years here. We then put in a new low price here. And it turns back around again. And when it turns back around, guess what? We've got a little tipping price right here, haven't we? Why is that a tipping price? Two pins. Two pins. So I can get in a little bit more aggressive than the BSG squeeze back into a buy trade here. And obviously we get a nice little break. Obviously the target price is this price here, of course. So we get a nice squeeze on this one, don't we? And sure enough, there she goes. The market's just closed at nine o'clock. Our day is now finished. We've completed the whole day. We've done all the trades, every single trade that you could have taken as a floor trader. It's been a busy day. I think you could probably all agree with that. It's been a busy, busy day, but every single trade that you could have taken as a floor trader has now been taken. All the Heismans, all the tipping prices, all the BSGs, every single one of those is a trade that you know with a very high degree of certainty, a very high degree of objectivity that you could have taken as a trader. We've never once broken structure back to the downside, assuming you agreed with all the structural elements. We've never once broken structure. So let's zoom out a little bit and see what our chart actually looks like now that we've finished the day. Now that we've actually finished our day, guys, what do you think of our chart now? Do you think you could have made some money? Do you think you could have made some money? If I'm not mistaken, if I'm not mistaken, I don't think we had a single losing trade. I think we probably had a couple of scratchies in there somewhere. I don't think we actually had a full stop loss. And I must admit, we've taken a lot of arrows, right? And I don't know if we've overlapped some of the arrows, but let's just count them 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47 arrows. 47 arrows. 47 discussed, described, objective trade entries. 47 objective trade entries. And what looks like approximately 47 wins or scratches during the course of that day. The market structure has been updated behind us. You can see that from the shaded area that rises like a stepping stone process. We have done that which has a level of subjectivity, I accept. We do that with a level of subjectivity because we don't know. We have the ability to disagree on whether that was enough of a break to make it a move higher. But I'm always willing to err on the cautious side until I'm really starting to get bearish in which case I err on the aggressive side. I want to get more aggressive with the ramp up of my structure breaks. So that's where decisions can be made. You can leave it as loose as you want. You can tighten it up as much as you want. But that's about 47 winning trades. Now I hope that you agree with majority of them. You might not agree with all of them. But I hope that you see that we used a very, very fixed structure. All the level twos were marked in the charts. None were missed. I don't think we missed a single level two. All the BSGs were discussed. All the previous highs were drawn in the charts. And you were always looking for that opportunity to press into those areas. Whether you take the BSGs, whether you don't take any BSGs, whether you take tipping prices, whether you take only the level two Heisman trades, doesn't really matter anymore, does it? But if you want to trade, you had 47 opportunities to trade in the direction of structure, the direction of sentiment, the direction of volatility, 47 times. Now, you might be looking at it saying, yeah, but 47 trades, a lot of them were very, very, very short term. I can't disagree with that. 47 trades were very, very short term. I definitely can give you that as a takeaway. But if you just traded one contract on those 47 trades, and you were able to average four ticks, and we saw that we could certainly make three ticks in a scratch on most trades, but some trades went a lot further than three or four ticks, you'd have made $2,300 today on a single contract scalping the market. You might be saying, but 47 commissions, my God! Okay, 47 commissions, $3 per trade in commission. It's cost you $150 off of your $2,350, and you've ended up with a very, very substantial $2,200 profit for the day after commissions. Think about it. Is this an unusual day? Yes, it is. What's unusual about it? It goes up, and it just goes up, and it just keeps going up. Do these days sometimes happen? Yes, they do. Now, just imagine for a second. Imagine you're big enough in terms of your account size that you could have pressed these trades instead of taking all your profits out and starting again and taking all your profits out and starting again every time a three tick or a four tick gain. Imagine you were able to hold on to one or two contracts and build and build and build and build into a moonshot trade using the profits of the previous legs to build some more. Potential have ended up with 5, 10, 15, 20 long positions making thousands of dollars, tens of thousands of dollars potentially by the time you reach the top edge. That's the world of institutional algorithmic trading. Just on the odd occasion, every now and then we get these massive moves. Now, when you stop a second and you think about it and you start saying to yourself, yeah, but does it often happen? Did we know we were going to get a move above this level? Well, we remind you what we started with in today's classroom. We started today's classroom with this idea that we had already given you the RGL price of $4209 from a tweet at one o'clock this morning. We'd already told you that you should be predominantly trying to work by side, by side only above a price of $4209, $4211. So you already had insight to have potentially have started this process for yourself. You would have been looking for level twos and Heismans. You'd have been looking for BSG squeeze and tipping prices all on the buy side of the markets. You could use the $4209 as your original break of structure price because it's read below that price anyway. And we'd have to break structure to go below that price regardless. So you could start with that narrative as you started out in your day. Was it just on the S&P that we were able to get this enormous tens of thousands of dollars in profits today using this process? Well, not really, because if you remember what we also said about oil today. So it wasn't just the S&P, was it? What we said about oil today was we gave out a thing called the inventory level. We told everybody that it's $94.25 sell side below $94.45 buy side above. So in other words, that's your hard structure to start with. So you're not having to figure out what your structure is. You know what your structure is. It's buy side above 45 sell side below 25. Here we go. If it's below 25 sell side, sell side only. That sell dropped for $3,000 per contract straight line. You can see how many opportunities you may have had of taking a sell BSG squeeze. You can see how many opportunities you would have had just by now looking at that chart. You'll see all the level twos, can you? Oh, I know you can. Don't tell me otherwise. You can see all those level two Heisman cells. Now, can you? They start to ping off the charts. You start looking at it going, oh my God, this isn't good. I could have had a Heisman cell in here. I could have had a Heisman cell in here, followed by a Heisman cell in here. And then I could have had a Heisman cell in here. And then I've definitely got a Heisman cell in here. That's for sure. And then I've got a couple of ledges here. I could have had a Heisman cell in here. A Heisman cell in this little ledge here. A definite Heisman cell in this area. And a massive Heisman cell reversal up here. I've got a Heisman cell in here. And I've got a Heisman cell in here. I've got a Heisman cell in here. And I could have made all of those Heisman cells. But on top of those Heisman cells, I also had a squeeze of this level here. I had a squeeze of this level here. I had a squeeze of this level here. I had a squeeze of this level here. I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here, I had a squeeze of this level here I had a squeeze of this level. I had a squeeze again at this level. I had a squeeze of this level. I had a squeeze of this level. And so on. Hundreds potentially of trade opportunities, level twos, tipping prices, BSG squeezes, the possibility that you could have had 40 or 50 sale trades using the structural reversals. And obviously, when you look at the structure, you're really looking at this market and saying, but would you ever have had an aggressive structure reversal during that whole process? Probably not. Because when we broke structure here and that created the structure reversal at this price, yes, we break lower, but we don't get any buy, we don't really get any solid selling below here. It's a single candle that reverses. So I don't think we've ever broken structure to the upside. So selling into this, I don't think has ever changed. When we broke structure here, then of course it's the same price anyway. Now, when we broke structure here, I can agree that there's some selling down here and that would have moved my structure down from here into this area here. And then my structure would now be here. And then I would have moved it down to here. Sorry, where would I move it down to? No, it'd be there, right? So I'd leave it there. And then when it breaks structure here, I'm going to be moving my structure down into this area here. And then I'm going to be running my structure based on that level. It never goes bullish on a macro structure, guys. It never goes bullish on a macro structure, sales side, sales side only, because it's below the RGL. You want to try and hold on to the sales for as long as you possibly can do. So when we understand this and we see this as it evolves in these areas, we can start to see the power, the abilities of the simple stuff. And that doesn't include the ability that we showed you on the gold chart, which I hope a few of the guys did tell you happened, actually happened. It's not some magical voodoo. It's just good, solid, tradable ideas. We were able to trade the gold chart without the prices, without the price charts. In other words, we were never going to be suckered by price action. We were never going to be suckered by the RSI or the stochastic giving as an oversold position. We simply traded well. I'm going to finish off with that, guys. I've done two hours. We said we'd try and do one hour as per usual, but a little bit behind the curve. So I am going to get out of here. I am going to say hopefully that you've learned something. You've been in for a week now. We've done four days. We've done about a total of eight hours. Hold on a second. So we've done about a total of about eight hours trading. So we can obviously understand that we've covered a lot of different stuff. We've covered some key ideas, some key references. We've covered some basic structures. We've tried to get you to consider the idea of squeezing the market, selling the pullbacks, trying to get the level twos, finding liquidity traps, pressing home your advantage, and probably more than any of that, we've tried to get you to think of the markets as one side, one side only. There's many great traders that have always said that the key to success in the markets is to eliminate one side of the market. Eliminate the buy side or eliminate the sell side and focus all your attention, all your energies to being buy side or sell side only. And that's why we sometimes focus on it. People pick up on the fact that I emphasize the point in the room. Paul's a great example. He starts to use the same wordage. So I'll say things like sell side, sell side only. We double emphasize it if you know what I mean. Sell side, sell side only, so that you realize that you should be trying to focus on the shorts, just like we did in the S&P. When we look to the S&P today, we would be shouting loud and proud in the room, buy side, buy side only today guys. Buy side, buy side only unless we break structure, unless we take the market below this rallying stair stepping process. It's buy side, buy side only. We're looking for level twos, we're looking for Heismans, we're looking for tipping prices, we're looking for BSG squeezes. We are buying and we're buying and we're pressing and we're buying some more. So hopefully you've learned something. If you like what you've heard, I'm sure Kim will give you a couple of ideas about how to go forward with us as a class. But it is a free class. It was meant to give you some ideas to get started with. If you want to use your stochastics, it gives you some better clues about how to use your stochastics. If you want to go back to your usual Elliott Wave or Gann theory guys, absolutely fine. The idea was to make you better traders guys. No money in this as for us at all, we just wanted to try and give you something that would give you a couple of ideas to improve the way you approach the markets free gratis. So have a good one, have a safe one, have a great weekend. For the guys that are joining us tomorrow, classroom tomorrow, Kim will give you all the details, but it's 3 o'clock London time, 3pm London time tomorrow for classroom. We will start benchmarking some of this process with some squared ideas on the S&P again tomorrow. So make sure that you've covered the S&P charts again today so that we can go back over this again tomorrow. And we'll start looking at some of these. We're going to be looking at some of the forex markets like the Pound. And that will be covering some of the Vex markets for the Pound, some of those volatility expansion trades that we make a lot of money on in Sterling. But just do the work guys. Try your best, be the best you can, have a great weekend. And I will see you guys who are joining us on Saturday. And hopefully I'll see a few of you guys going into next week on Monday. Have a great one. And until then I'm going to say adios amigos. Wow, wow, wow. Excellent session. So many good ahas. I hope you guys were taken. Well, it was hard like to watch and take notes, but I know you guys are good at it and did. And as Ray was saying, this was our gift. You know, Ray was wanted. He really works hard to make sure to get retail traders to understand what the whole process is. I hope this was a good foundation for you. If you haven't already signed up for Saturday, make sure you do. We have a link. I'll put that up here in just a second. And thank you Pam and Ray Pam says, thank you so much for the mouse. You know how much Ray loves all of that, right? And there's the link there for tomorrow's session. It's compassfx.com forward slash VIP 97. I should have been putting that in the in the chat. I get mesmerized listening as well and paying attention to you guys. So there you go. Hey John, in our main program, we absolutely have a number of PDFs. Nessie in our group has done an amazing job of providing some written material and stuff to go with. So absolutely our session so that we have this is what we are going to be doing for those that have questions, especially about the full program. It's going to be 16 weeks. It's going to basically take us till the end of the year with each day each week, you know, building on the previous one. Step by step to help you really develop, you know, serious institutional critical thinking skills. So I think it's going to be fantastic. I can't wait to see many of you tomorrow. A number of you guys have signed up. So just think about this as much as Ray gave today for, you know, and he's provided the last four days. He really is one of those that I can say just wait till you get in the program. It's sometimes it's just going to be completely mind blowing. He really does a great job. We've worked with him for over eight years. I don't think there's been a week that I haven't went. Wow, you know, that was really good. And so tomorrow we will be in now. Oh, let me let me let me make sure that everybody knows those of you that how many are going to be with us tomorrow on Saturday live at 10am. Just make sure you know we have a special. It's a special room. So it's in our main trade room. So if you've never been in our main trade room, of course, you know, we have all of the good stuff in the main trade room. So you can log in there. But I just want to make sure that I'm letting you guys know Sir, just putting a link so you'll be able to get to it from your dashboard or from an email. But I just want you to know that it's not in here. It will be in a different room. It's where we hold our session each and every day. You know, Ray comes in during London puts up his charts. You know, we have a very experienced, you know, number of experienced traders in our group as well. I know Nessie and Reeve were in there last night. I was finishing up some stuff at midnight. They were already in there saying good morning and getting started for the day for their trading. Ray comes in during London, covers markets and provides commentary as his schedule permits along with our other traders. We have our morning US trade session, which like today was fantastic. We went through a lot of these trades that you're seeing. Ray was pointing out, you know, a lot of different structure. Traders were able to watch Max get trades on. Then we started class at 11 each day. So you have that for the new program, the new sessions. We will also for at least the first month, depending on how, you know, where the group is when they come in, we will have additional three o'clock Eastern classes as well. Not each day, but two or three times a week and, you know, and some different ones. And Bruce, uh, yeah, oh, the stuff that he will be going over. I'll try to see if we can get, I know there are a few sessions and stuff in there, but I'll see if I can have a surge, if we have time to get those posted for that in the VIP. It's certainly in our, you know, members area where you have access to for sure. And let's see on those classes manual. Yes, absolutely. We record every class. So our library is, is expansive. It's very, very deep. It's a vast library of, you know, all the institutional lessons. There's not a subject and market that Ray probably hasn't covered over the years. And next week, uh, Murray, next week we will not have, uh, we'll, we, I take that back. Next week what we're going to be doing is it's going to be an orientation and prep week, getting all of the new traders and a number of our traders that are coming back. We want everybody to be on the same page. We're going to have some homework. We're going to have, you know, make sure that everybody knows, you know, the tools, what they're going to, what to expect. We're going to be working on that next week and then we'll kick off, um, on the 22nd, but next week's going to be a super busy week getting you prepared for success. So the, the sessions at three will be starting, um, the next week, but I, we definitely will have at least one or two next week because we're going to be doing one with David and Greg on the tools and I'm going to be doing one on an orientation to make sure everybody knows where everything is, but you'll have access to the daily classes at 11 o'clock. So you will be getting started next week. It will just be, um, you know, some prep sessions to get you ready. Let's see any other questions for, let's, uh, make sure we're all clear for tomorrow. Saturday, 10 a.m. And let's see. For returning students, like if you're, if you, like, say you're...