 Hello, hello Welcome everybody. Please could you give me a short feedback if you can see and hear me? Not that I have the wrong microphone Sometimes this happens But life is life as I say. Yeah, let's wait one second When we continue Hello Sandra nice to meet you. Good morning. Yeah, well, I am in Germany right now and it's after noon time here We have a 3 p.m. Where are you from Sandra? Hi Paris Always nice to know where you're from where you're based. Are you based in the United States or? Somewhere probably in Europe or Asia Anyway, then let's get started. Welcome to order flow with me. My name is Robert Rosa. I Started trading at the age of 13 and With the age of 17 I started my co-founder to my first investment company in Germany with two partners They actually educated me of how to trade what is private equity? What is what I hedge funds So they gave me the ground structure like we say the tools and the mindset How to operate an investment business? I sold my shares in that company a couple years later and in 2004 I moved to China where established myself Second investment company with the Chinese partner together. I managed over 100 million US dollars One of my best trading days was also 2008 during the financial crisis the subprime crisis I made 800,000 dollars with trading Currencies during that time actually it wasn't one day was kind of amazing But if you know a little bit of in of China, you know, if you're very if you're very successful in my investment company I had 30 people to be low me and yeah, we had a very good niche business. I Was translating Chinese stock market information to English at that time. It was very successful But if you're really successful the Chinese government decided to detain me in May 2011 And they charged me for outsmarting the Chinese financial system and for building an underground bank and Yeah, the result was that I spent innocently eight years or seven years and seven months in a Chinese prison I was released in December 2018 and of course I am back into training in the first year after my prison time I wrote the best-selling book in Germany. It's called the Dragon years Unfortunately, it's not yet translated to English. I hope this will be Translated one day Currently I have a trading community for German speaking clients and traders But I will expenses to English. So if you like to join my community You can drop me a message on YouTube or see on the discord channel I will also give you my link later for my English newsletter Also, I'm planning To do a community event in New York City So if you're interested to join to meet me in person and you are also some people from bookmap We talked about this. Let's get together to have a great meeting in In New York City Well, some information about me. My name is Roy Drosser. You can find me on YouTube Twitter and also common social media First of all, all bookman to limited materials information and presentations are for educational purposes only and should not be considered specific investment advice No recommendations risk disclosure trading futures equities and digital currencies involved substantial risk of loss and is not suitable for all investors Past performance is not necessarily indicative for future results. I received Letter from an email from Bruce from bookmap and he said that bookmap has very new features coming up For example a trading journal and trading statistics. They will be included for free in bookmap I think that's an amazing new tool for people To identify to learn more about themselves about the trading style and of course statistics For example, I know for myself. There are special times during the day where I should not trade I cannot tell you why but most of my losses are during a special period of time and statistics helped me to simply Solve this problem and do not trade at that time, you know It's sometimes really crazy what information you get and I'm training competitions will probably start with bookmap I think that's a great way to learn Trading without substantial risk Yes, Sandra. I will if you are on bookmap. I will send to their Here a link for my English speaking newsletter I Also share it on Twitter. Let me check one second. I think I cannot post Links here in YouTube So probably just go on my X account You can look here on X robot Rosa English Trader newsletter. You can click on it and register. I will also put it here into discord For people who are interested USA, okay, all from the States. That's good. I mean, let's dive into the markets. We had Financial news this morning or afternoon our time if you look at the calendar, I Like the website trading economics. It's simple We say no BS on that website. I get the information that I need So today there were Thursday at 2 30 p.m. Our time CET Co-op price index personal income and personal spending Personal spending only 0.2 percent personal income increased a lot Co-op price index raise a little bit. I have to tell you I'm not an expert in these numbers And I really cannot give you an idea if this is no good or bad for the future of the economy That's not my business. My business is simply to know that we have these data at this time And I'm looking if there are Yeah surprises or not so and if we check this on the SMP 500 I Like to trade sometimes these news. I can also show you in Second, how am I going to do that? We clear all drawings So I like this Pictures, you know just before the news release we can see The liquidity in book map is basically disappearing But on the other hand we could see that we have a major liquidity at 5060 and below at 5045 On the other hand we have this huge liquidity wall around 5100 So if we have surprises in the news basically I simply like to take Put a Sell limit order into the liquidity Sometimes the market just makes the jumps Absorbs liquidity and will go back to sender. I call it back to the breakout price the same thing on the Level below if the news are not good the market will crash shortly. Yeah Will empty the order book Fill in my order and the market returns back to sender. These are We are risky trades, you know, you should not do that with a prop trading account because sometimes The market can become very volatile and you have a huge slippage of Couple points or even the market runs very fast against you. But then basically it will turn back to the Entrance entry price and then I can catch like 20 points. Yeah 80 ticks Or more sometimes in a very short time we can also Compare this these news on other markets for example the euro US dollar You can also trade this market. We can see Every time when the news are Coming The order book is empty. I mean I I love this tool. I love I like to see this here in bookmark It's so obvious to see okay liquidity is gone. So what's going to happen? And these are the times when you really must be careful Because simply the split or the slippage between bid and ask price can be extreme and the market can simply jump many levels without Getting any trade, yeah So it's always a huge volatility And can sometimes really crash accounts if the news are really that bad or that good Um, you can make a fortune or well lose a fortune I have a story about that. I think it was second or third January 2001 Ellen Greenspan was still the chairman And somehow it was the first or second trading day of the year and he unexpectedly Cut the interest rates and that made the s&p jump like 50 points into my direction And I made like 25 grand In a couple of seconds and well it was it's the beginning of my trading career. I was Shocked I mean I was also totally overwhelmed because of that profit. It was amazing But on the other side could also go against you and um, yeah, you will Crash your call your account and get your margin call In virginia. Oh, hey nice. Well last year I went to us to Miami, savannah Smoky mountains this area nuxville at lenta and yeah, this year I will Go again probably to les vegas and new york city, of course Would be great to meet some of you. I'm very flexible what my travel journeys are But I like to get to people know personally. I also do that with my german speaking community I offer them free phone calls there are no attachments and In 15 minutes we can discuss your trading problems and I try to find a solution for you Sometimes it's just very simple. Yeah to get to the To the bottom of the things What I'm doing this now for 30 years. I educated many traders who managed my own Fund Money, so I have to be very Careful of what they're doing so now the As nest egg does anyone or has everyone from you the trading settings configures on the trainer map pro It's a very great tool. I will show it to get a clear picture of the nest egg chart Because you see all this um bracket orders this algos that are actually destroying the liquidity view on the nest egg It's very annoying. So this is why we have this add on liquidity tracker pro Yeah, I turn it on Not liquidity tracker. So it's trader map pro here And then I created different algos for I will just create a new one now for nq We select the market nq and I just call it 111 the name doesn't matter add Now we can add certain filters. I add two filters for myself. That is the order change filter And show only the orders that were Not changed by price And another order that another algos that I put on top of it is free. Oh, sorry not here um add Filter order duration filter only orders that are longer than I'd say 10 seconds in the market I want to see because I don't like to have this Yeah, break and see as they destroy the view and then you can see when we start this that you will get A new chart window. It's called 111. Yeah Now look at this picture That's very annoying for me And in a few seconds we should be able to get a clear view on the nest egg So if you have any questions, they are feel free to ask me either on discord Or here on youtube And now you can see okay still Yeah, we can see we are filtering out to get a better picture. We click here. Let's say on five minute to compare To the other one where we see these brackets here. They are Disappearing Whereas the market opens that in 15 minutes and we have a better picture, but here like this liquidity levels at 18 050 52 are clear 18040 And bottom line 1800 Well 18 000 here so let's have Look at the bigger picture The es actually which markets do you trade? Do you prefer any markets That you want to have a look at I personally trade es cl The euro us dollar Important for me is just to check the regular trading hours. I like to use the Volume profile Encard we web that's an amazing tool and we have it now for bookmap as well. It's a Yeah, my favorite trading Thing And for now we can see that we still have this on the regular trading hours. It's a huge gap Rome 50 52 down to 5000 for 998 if we really get I mean, we don't have any volume here. So if the market breaks down through this level of 5053 we can see or we can expect expect a rapid movement to make a gap close get close is always one of the Very secure trading strategies as we can see here Gap up at the all-time high The market the first thing the market did was closing the gap and actually at the gap close If you see in conjunction with bookmap liquidity, you basically can Trade a very nice reversal trade at that area and then of course the next target would be the end card we web also here Yesterday we opened gap down and the market closed the gap and really basically it's on the point You can get great trading opportunities by just focusing on gaps Now we still have this huge gap today because Of economy economic data were quite good. So to say the market is Gap up and we can look what's at this at the session Extended trading hours I always like to draw these sort of Support and resistance zones. Yeah They are like high areas high lows high volume nodes low volume nodes point of control And if I see a level like this and also the end card we web will come close to this level. These are very great supported resistance zones, which I double check on Bookmap and in bookmap. I place my orders for I know if the market goes into this area It's worse for me to watch out to have a trade Today like during news time you have to be careful now Yeah, we will trade With a gap up open with a gap up a couple of minutes And then we see what's going on. We could see that in bookmap the es has a huge liquidity At around 5100 5101 if we grab this liquidity at the beginning maybe up to five to 105 you can Check this here in five one five four five. I will Put the lines to the liquidity zones. So this area here above here this high In combination with the liquidity at 105 107 would point for me a nice Yeah, a short opportunity. I assume the market will have doomed the first 15 minutes of the opening um run to this liquidity zone grasp the equity or absorb the liquidity and then we have a pullback basically to Yeah To the encod web or the session view web, which will start at 9 30 or 3 30 p.m central european time To catch a trade on the other side. I definitely um looking out for a gap close If we um have this 15 points if we have to get close Definitely looking for a long entrance. This is the strategy that I have for myself for the first half of the day Then I definitely consider the initial balance The initial balance has many definitions. My definition is quite simple. What is the High of the first 30 trading minutes of the day and what is the low? So these two zones I will point into book map And then I know okay if you have a huge initial balance Then probably most of the business is already done. Let's say the data from the high minus low is 30 points not ticks points or 120 ticks We have a larger initial balance If we have a small one like only 10 points or 40 ticks Then we have a narrow range and this Means to me that we would have in the second half of the day Yeah, probably a trend if we have a huge initial balance at the beginning I'm looking more like to a site Waste market that means the high in the low the highs I would short the lows I would look for Long opportunities That's the definition for me Now we are we are simply going to wait what the market will do For the opening like I said to catch this liquidity up to 105 Is interesting And for everyone who's on youtube if you yeah press a like button, I would appreciate it. It's always good for the for the book map channel and of course For me and I don't know any one of you trading um cryptocurrencies either through book map On the on bios any crypto exchange or the crypto futures we We really almost hits the all-time highs that we are not far away from it and if we watch on the liquidity We can see Yeah, 64 k 65 k 69 70 k I think it's only a matter of a few days till we hit a new all-time highs in the crypto market, especially bitcoin Thanks for sharing about strategy. I was hoping to learn why we have the big red zone at the top and the bottom You mean in the es this zone this red zone. This means liquidity if we look here We Move a little bit into this market at 5100 And each tick we have 200 300 200 200 plus 300 contracts These are sell limit orders that are in the market. Why they are exactly at that point I really um, we don't know what the intention is of these traders If we try to compare it to a chart, we look at 5100 Do we have a special level here? These whole highs and lows 5100 It's not really a huge price action or chart pattern that we can see We probably if we want to understand it, we should look at the option prices. Yeah Or simply someone just want to drop his um His uh His future contracts. Yeah, we really don't know why exactly it is. We don't know who plays this order We cannot know that we can only make assumptions and Putting our guess out that somebody wants to either cover his long positions Or cover his option trades Or want to hedge himself for his Stock positions. Yeah, basically you can take the future to secure your larger investments in S&P 500 stocks So if the stock market is falling But you don't want to sell your stocks because you have an interest in that company You hedge yourself on the futures market I'm not trading why this always. Okay. I will Do it again. We had the same problem yesterday I started the screen and I was live And I know I go again life and then it simply turns off now. I should you should see me again Same problem yesterday. I was sure I started it and today. I also started it But somehow it I didn't press anything in discord and it just Turned off. Thanks for the reminder. Yeah. No, it's perfect. So I was wondering why nobody is Watching And yeah, same problem yesterday in the german stream. And then if you focus on the charts You always forgot to watch all the other channels But thanks for the reminder So patricia, I hope I could answer your question a little bit. Like I said, we cannot know exactly what's going on here but also Anyone who was trading last night or the closing actually once it's nighttime 10 p.m We had the same orders In the market, but they were they didn't find any Yeah Parties to buy them any other part So now the orders are back in the game. So somebody really wants to Sell future contracts And we don't know if they cover their profits if they hedge themselves if they protect themselves against options We don't know A spelling mistake patricia. That's absolutely no problem. I apologize for my english. It's not my native tongue, but um, I have to say I dream in english. I write in english. I only watch english movies somehow after 15 years in china um, yeah You start to sink in english and I lived one year in australia in sydney I was young at that time. It was 2004 So if you understand the australians, they told me you can understand everyone who can who speaks english And that's true But sometimes I was too lazy to work on my pronunciation But basically most of the people can understand me So now in two minutes the market is going to open So let's see if we hit the liquidity zone at 101 and 105 would be interesting to see and same for nest egg the 050 18 050 here And now we can see the picture is clear with the trader map pro add-on anyone trading um Crude crude oil cl. I like to trade this one, especially with the encard weweb creating a lot of trades Skyping techniques. I'm I like to develop a new strategies new ideas that I have and that we have in our community And then I'm getting proper accounts And I simply start to use these proper accounts to test my strategies before I use my personal account So if you crash one account, it doesn't matter only if your bucks are gone and you know the strategy doesn't work Then you start to use new strategies new accounts and you can get experience and see the weaknesses of trading strategies in a real environment without risking your own capital and then when you're sure and you Figured out the weakness and the strengths of different trading techniques you can Trade your own money if you want I wish I had this environment Like 25 years ago when I started trading, but there was nothing like these sort of prop trading firms That was very different And yeah at that time now it's easy open a prop account and you can start to experiment with trading and Without losing a fortune Okay, we hit 5100 now. Let's see what's going to happen here if we can absorb the liquidity and for me important setting the web at at the opening these create new line session starting at and the bands First standard deviation Now it's going to load The session we've up Okay. Oh, well they took the liquidity out of the market. They pulled it out. Interesting. So then it was basically I wouldn't say fake. I cannot say that but So actually there was no transaction. You see you can see very clearly liquidity was there. So they pulled it out here and the market has now three to go up to the 105 We look at the chart the next resistance zones is yeah here exactly um 107 07 Oh 10 this range we have the highs from monday and from last week last friday I definitely resisting resistant resistance Zones where we could expect Turn around So now what I definitely do is We have the vweb. We start we think if we can absorb this liquidity Then we could look for reversal signs like a market sweep which goes up the market Takes all the liquidity and then um, yeah has an exhaustion and will not go further then I would put an anchored vweb at that point and That to Yeah, try and then trade a retest to this vweb So we took the liquidity one hit no big deal Our still more liquidity is coming And we see more buyers coming into the market. Yeah as I view on the spy the etf do we see any liquidity surprises the spy is the etf on the s and p index And sometimes we see huge liquidity Chate differences between the futures market and the spy We have lots of liquidity on the upside here and the future doesn't have this probably The spy will go further and the future will continue to rise also So we compare this then on the right side. We have option data The so called zero dte options. These are the options that expire today they have already huge trading volume and we created an that tells us simply about the Sort of volume profile for the option data But this data only makes sense to use after 4 p.m. And around about 30 minutes Then we can see if we have yeah Overreaction of the prices Like we see here this green levels are three price levels, which we call As a fair value if the price is inside this area, it's fair If the price moves outside of this area and the option volume will not increase at this level We basically talk about an overpriced market. It doesn't mean that we immediately go short Or choose the opposite direction, but it's an indication that probably this trend is at an end But right now, like I said, now the data is still calculating in the Important values we will receive Yeah, around 4 p.m. So, yeah the market took the liquidity And now we have the pullback to you know, probably the v-web Now i'm still looking for price structures that we could draw But right now we still have this uptrend. We don't have any Yeah Serious price structures at the moment. We could say probably this high here and this I will So until I try to put this in From this level To the opening level as arranged. We should find support here But it's still weak. Yeah, let's wait a little bit what the market is Doing And yeah, like I said, we exactly hit the 105 If you're skyper 10 15 ticks in the s perfect trade and very clear to see this trade in bookmap We saw the liquidity the first liquidity at o2 was pulled out of the market And then it hit the real liquidity at 105 and now we have the drop If you only trade the chart you cannot have this confirmation Now probably a 50 minute chart we can talk about Yeah, probably be probably about reversal. Let's see how the Market will end if we continue to be strong above let's say 5100 We could talk about continue rising prices to the 110 and above level But if we have a drop like below if you close below 5100 Maybe we have a reversal back to the opening Hi, robert. I only trade ces, but I want to start trading cl2 since the volatility on the s can sometimes be pretty dull Any advice on things I watch out for the training cl compared to is um Yeah, definitely. I love to trade the cs cscl I mean and I totally agree with you on that point that the s and p is sometimes very dull or boring Yeah for the basically These are two different markets. Yeah first of all, you have to consider the news for oil inventories for example to have this on your focus For me, I like to trade really short term trades. I'm testing right now different things Like the av web The cl works very well with anchored web apps. We can look on the chart and this in any time frame much better than Than the es in my point of view and you can trade this really on a one minute chart If you look out for lows, you know, now I have a lot of Vwebs in here probably sometimes confusing this view But I have my own system in it And you can see many times points where the market really drops just here Here on certain vwebs. Yeah here well even a pullback you can trade here here These are trades with a low risk I I can tell you I don't use I just use a stop of Eight ticks and the cl with the profit target of 12 to 15 ticks I'm really only scalping this market, but you can also easily use longer trends For me, I'm considering this with the second Contract that I am buying so that I will enter the market with two contracts. The first one I will Take out when I reach 12 ticks profit and the second one I will Let it run until it hits either my profit target or my My stop loss. So for example, if you have moves like this here in the es, it's now a nice example. I just We went to the liquidity. We have this market sweep. We could say above I would simply take with the new bookmark tool the anchored revamp on the top here Create anchored revamp Take some time to load And then we have the reverse pattern. What I want to see is That we create some sort of Vacuum or for me black zone. I put the vweb on the high The market turns around and we have here this empty zone Now the market makes a retest to the vweb and that would be my short scenario eight ticks stop Profit 12 ticks again market comes here to the vweb And then basically after a while if the market makes The move we have this sell off. Yeah, and again, then you I already take my profit. I have my 12 My 12 or 13 or 14 ticks profit where I continue Sometimes expanding the tp. It's a very Time-consuming strategy. We can also put the anchored revamp here You must be focused Yeah, sit in front of the computer always put on the revamp and start trading revamp on the low Market makes a new A pullback and then we have this empty zone. Yeah, I call it really a vacuum black zone There's no liquidity It means for me the market is moving away from the vweb And then the market will always come back to the revamp So I would place my order exactly One tick above the vweb Get into the market and we see we have the other move again 12 ticks. No problem. You can take it So you have a risk to reward ratio from One to 1.5 basically my Hit rate or my winning rate is around 50 to 60 percent. So that means at the end of the day you still make profit Yeah, that's pure mathematics, but you have to sit in front of it I'm trying to improve the strategy with different tools like market piles or Iceberg stops and iceberg orders I haven't found the final solution yet. Yeah, it was an idea out of my german speaking trading community So I started to implement this. I registered some prop trading accounts of trading this now day in and day out during the day It's a morning Morning time european time. Yeah, it's night time us or Simply is the main trading hours. I think the main trading hours are Better for me But it's an interesting market you can always for scalping your 10 12 20 ticks are easily made And somehow this market really reacts very very Exact to anchored vwebs Since we have that tool in Uh here in bookmap, it's your game changer, but I have to say it's still a better version And I always get reminded of that it's not for production use yet because it creates some trouble with the core bookmap code I have to say that But right now for me it works quite well Yeah, very simple ac. You just wait It's a market makes a high or a low you enter the anchored vweb You enter the anchored vweb And you see that the market will go Away from that revamp and then you trade the retest And basically you take the second jump And you're in and out And if you want to consider the big picture of it, you know Draw one minute or three minute chart. Yeah You have the longer term vwebs. You sign them in you draw them in And you get turn around points. Yeah, or I like here I the major zones on a 15 minute chart Here above Then you even have the chance to take bigger trades if you We know we have a huge resistance here. Let's say if you have a four hour chart We have a high high third high So the market will simply run through this area of 79 won't happen So if I draw if I see this intraday that the market will go into this direction Then I know I have a potential turnaround and I can take much bigger trades I would wait the market that the market is there Draw my anchored revamp at the highs Then simply right on the sell-off. Yeah And really it works great on a one minute chart But the big advantage in bookmaps is you get a much better Entrance. Yeah, you see the The price level the tick shot much clearer that you can get actually in that area already on the downtrend If I have a one minute chart here, probably I would get here or here an entrance is okay Don't misunderstand me But with bookmap data and if you are always In it you can get much more accurate and faster entrance like also here above here Example mcl Here I put in the anchored revamp the market created these little zones Vacuum zones and suck short here. Yeah Then you have a little bit patience and we wait for this level Got it Just try to experimentate with it or we have this very nice this low the sell-off Yeah, this is what I want to see takes the liquidity. I will add the anchored revamp here And probably we see this Empty zone and I could start to look for an entrance here at 40 Say 78 40 market only goes down to 78 36. So for ticks. It's all in my Comfort zone Yeah, and then just let it rock. Well, and you're out But we like you you can see here sometimes when I um pull my orders you really have to sit in front of the Computer and push push push push push push. Uh, yeah, it's a real example from today I was following the revamp from this low. Yeah never got an entrance here Tuck, tuck, tuck, tuck And then I went in here and out there So here I finally got the touch sometimes you have to be patient and then very quick you're out of the trade But you must have some nerves and some patience to wait Also here again, you see just hit this revamp Sometimes you really have two or three losing trades in a row, but you still have to continue to simply trade this Kiss keep it simple stupid setup and you will uh, you will make your money even if you only have Yeah, a win rate of 50% you're still profitable I like that very much and uh, but it's time consuming. So if you Nothing else to do during the day So, oh cool very fast today And well similar here what I also really enjoy trading. Um in the es is simply the The revamp itself is already somehow a little bit messed up. Yeah You need really, um special movements in the es to trade it but the Extension bands, yeah the standard deviations like we can see They actually work quite well as um, either trend confirmation zones Or as um, yeah resistant point So what is the es? Saying exactly we hit this level five one or five perfect trade and now we have to see We see what did we say on the 15 minute chart? Yeah, we have um Exhausted top I would call it Um For me right now, it's a little bit. It doesn't look like we would hit soon a new high Maybe a correction to the opening price and then we see if we can actually trade A gap close, yeah Perfect or huge Entrance points for me. Definitely. Yeah, I get close around 82082 in the es Where I would take a trade today really I My first idea trading idea was here. Yeah Before market opening we saw the liquidity and I said if the market will go to this movement We probably will have an exhaustion Exactly this is happening. That's a good entrance for at least 15 to 20 ticks Now the second idea That I have or that I still have is simply the gap close. Yeah, you know below here If the market would close this gap, I would look for a long entrance here and probably maybe take the run if he Breaks the low that we probably um, I can take a trade on the way down to the gap close To look for long since this area I'm careful because we have too many resistances in this area too many highs up to 112 113 I don't like to buy these sort of breakouts. It's not my trading style. I have to say that Again the volatility index down three percent. It's really here There's no fee in the market that probably would show us that we still can take new all-time highs again, the market is moving back to Back to the standard deviation. Now you can see If the market really has a breakout sign, yeah These standard deviations they had to spike up and this one to spike down, but now we don't have this Volatility here a liquidity or this power What we can see is now the first market structure Yeah, simply this I would This structure here and we see the market try to test it. We make always newer We are lower highs so to say And the major structure Is simply here. Well, probably if we cannot pass these Standard deviation we will fall back to the lower standard deviation at around 1500 But these are only about eight ten twelve ticks. It's very narrow range at the moment Yeah, if you have further questions, just ask, you know About anything And don't forget to put some likes here on Book map Still have to put in some drinks always must drink a lot of My tours really does of water Yeah, and again the market is rotating back into this price structure and we are trading between these Two standard deviations of the view app. So the short look at um bitcoin. Yeah 64 k Already touched again Like I said, it's a matter of time that we hit the all-time highs Luckily, I can say that I started to buy bitcoin again at around 17 18 k. So I'm and um isserium. So I'm quite a lucky guy I did not expect this move so fast I really have to say One of my other favorite tokens is render rnd out. They are offering trading computer resources For artificial intelligence and for the metaverse actually it started with the metaverse that they If you buy this token you can get Yeah Processing power to render your graphic design and what's and so on Great idea apple everyone invested and yeah this year it rose from Like 50 cent to seven eight dollars. We are new all-time high eight dollars Was cracked a couple days ago and if we look at book map. Yeah, well liquidity set ten dollars so Buy and hold and get lucky Though the spy still no information here That's the gap 509 to 507 also here's this simply the range for the moment NQ similar. That's the wrong NQ. This is a correct NQ liquidity shifting a little bit upward from 70 to 72.5 why I Yeah, why they shifted from here to there. I cannot tell you that either Probably it's exactly above the high Neuro us dollar So quiet. I did a trade in euro us dollar today, but I don't trade the The Futures most most year trader bureau us dollar spot very nice market to trade to just Short the highs buy the lows um Don't be too greedy take your 10 pips this is like from 85 to something like 86 Like from 60 to 50 these sort of ranges. Yeah, they are very Nice to take. This is basically the movements at the es or the Euro us dollar is doing that are very How to say reliable income sources And again any new Out should It's problem is sometimes there are too many revaps. Yeah, I can hide them take them out That's the official one We could delete them would also be good, but yeah, that is one of the promising tools So now we have another break out if we let's say These are the movements that I like to take in this strategy, you know, if you take an anchor revamp here Yeah, same thing Okay, I'm moving down probably here. I wouldn't have gotten an entrance, but At this area, but the market you are made the expected move And now probably you can also understand why I only Looking for 12 13 ticks in this market because that's the normal Algorithmic reaction from the computer programs I would say when they start to initiate buying it's the beginning Yeah, and then okay retest to the vweb and then suck The market will start the second buying process and we will move into my direction and this is what I want and again The es is still in that range between the two standard deviations Now I can still um, yeah draw the Initial balance high and low We take the low that is at the opening And we have the initial balance high and we have simply a difference from, yeah, let's say two and a half points and again another two and a half points five points from 97 to 05 50 25 So that is a very very narrow initial balance basically five five seven Three and five eight below 10 points. Yeah, like I said before initial balance below 10 points Can point to a breakout the second half of the day We don't know if the breakout will go to a new all-time highs or to make a gap close I will prefer to get close because then I have a nice entrance point at Yeah, what we said Here at around 81 it would be a nice That would be a nice trade Now the initial balance high and low you can follow this up during the day This will always be important resistant and support zones Our new liquidity is coming up below at five By well 110 And we can see just above the standard deviations selling orders coming into the market. So limit orders This market is being put into this range. Yeah Around the V web Now we just have to wait for the breakout Yeah, no, we already passed One hour so who wants to Be part of my English newsletter can do this You find me on x. Yeah with robert rosa Simply search for my name subscribe me and well click on this link and you will be Part of your my newsletter I will start in English speaking community soon And you can get insights of me of 30 years almost 30 years of trading the stocks Run a hedge fund with 100 million dollars under management and yeah, also Can tell a lot about prison life in china. I spent there seven years and seven months and also if you want to get updates about Community trev a community meeting in a new york city Together and most likely also together with book map. We raised this topic I would like to get to know all of you to yeah It's a huge difference here to get somebody personally to know To exchange ideas. I do this with my trading community in germany At least once a year. We are going to meet in november on an island And they're always 40 to 50 traders and they're coming now every year Will this year will be the fourth event. It's always a huge huge Pleasure. We're just being together eating drinking having a good time and exchanging ideas About trading investment and yeah all things about life Yeah, I would be happy to see you on my newsletter and then I would um End this session today Like I said, nothing is happening here if you have further questions about my um, yeah, cl strategy or any other market You can ask me anytime on discord And yeah, I would happy to Be of your assistance So Have a good day and let me know about your results a c if you try to implement this strategy and cl Let me know how it works. I always like feedback because feedback also can improve my personal training I'm always into observing checking and Experimentating this is how We survive I always um Oh, no, no, we have to get set off. Okay. I always will remind you the time of the floor traders When they all started to die out. There is this movie on youtube called floor I think everybody should be careful about the time with artificial intelligence. So be ready to adapt and um Yeah, always be open-minded I still know the time when I placed my orders through the phone to the cme And I know there's also another trader here from bookmap scott pochini I think he was on the floor He can also I believe tell many stories about that and also about the change from not being a floor trader anymore to being an online trader And soon we will face this to be uh, yeah AI trader, I really don't know yet, but just keep that in mind So then I would say have a great weekend Best greetings to you all and we see each other next Thursday For another session So bye