 Good morning traders and welcome to the book map live trading webinar. This is Bruce at book map and let's Jump right in here can First off, can you guys hear me and see my screen hold on a minute here? Should be broadcasting Okay, yeah, we're good All right So anyway, so welcome to the webinar. This is a The book map Follow-up here to our educational course that we have online if this is all for free and This is something that We offer on our discord channel or our community We offer this live analysis as well. You can come to our discord channel. We have streamers all day long every day, so Really robust plan that we have here with our Education so it's all about order flow and integrating that in understanding how these markets work to give you an edge All right, so our educational course We go through that same course content here in the live market here Monday Tuesday and Friday 10 a.m live trading with Jay trader on Wednesday at 10 a.m. And then live trading with Scott Pulsini a futures trader on On Thursday at 10 a.m. All right, so anyway, let's jump in here go through some disclosures And then look right at the market and in dive in so general disclosure all book map limited materials information and Presentations are for educational purposes only and should not be considered specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies Involve substantial risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results alright, so Let's take a look here at these markets and see what's happening. Alright, so what we're gonna look at the S&P E mini and Take a look at the current order flow what's happening right here right now All right. Well guys, this is a beautiful breakout. This is what a breakout looks like and 930 cash open. I mean it doesn't really get much better in terms of a breakout. I mean maybe a bit better But I'm going to show you how fractal these markets are and how this happens again and again and again All right So this is how you're able to understand this order flow and put this into a cohesive trading plan for yourself This is something you will have to study, but it's all here right here in the order flow. All right We're looking right at it. Here's what's going on All right, so I'm going to draw it up using the drawing tools here and we'll use the rectangle tool This is an area of price consolidation This is a breakout of that area of price consolidation here at 4070 Okay, where did the markets go? Well, it went up to high liquidity here at 75 77 and 80 Okay, it kind of took a breather after that. You can see the pullback Look where the pullback came to it came back down into that liquidity area here at 75 Okay, the markets do this again and again. We're not making this stuff up. It's it's just how these markets work What is so indicative of a Bullish breakout here and where might it be going? Well, we're looking at 95 and 4100 the figure Okay, I'm looking forward to trade there right now. All right, so Here is why this is such a good or indicative of a breakout right so let's Let me clear all the drawings yet again and then Draw it up the consolidation Okay from here All right. Well, here's why all right So look at all of that volume building here on the buy side the green dots are market buy orders and this is what Will lift the the market outside of that range Okay, hold on a minute Okay all right, so If we take the heat map off here and let's take the stops and icebergs off here as well Just for now We'll get into that maybe a bit later. Okay, so just look at the simple chart here Look at how indicative of that that is here of a breakout now Look, this is another when if you want to look at something that is higher probability of a breakout Strategy, this is it Here's why Look at the buy volume down here Look how it at just around 930 here just before 930 a lot of buyers jump into the market Okay, look at the big green dots now There's also some buyers up here, but there's back and forth in here sellers buyers sellers whatever that's typical of consolidation Up here though. There's more and more buyers. There's not many sellers look at the big green dot here At this point here. I'd be looking for it to break out in any of these areas in here, especially here the third one This looks great for a breakout. It didn't do it. It rotated a couple times here And then finally we see the buying here. It didn't even do it here, but it did here a Little bit of a pullback and then it really picked up here All right now look at the pullback to it came back and kind of retested Where that big buying took place right here and bounced off of it and continued on so when you look for a breakout trade This is what you're looking for this kind of volume to pull it away from This area here Okay, now if you're a volume profile trader, this is a Range of value look at your profile down here Okay, a lot of volume right so to pull away from that area. This is what you're looking for Deep pretty deep pullback not not a hundred percent Retracement down to 70 and it comes back up and it breaks out again. All right So this is now starting to trend away from this area. It is seeking the market is seeking Where is value? What is considered value? Where is price going to slow down? Where are you going to find sellers? And well we can look at the heat map to help us here We're fine. We're going to find sellers here at 95 and 100 Okay, so very simply. This is how the heat map can help you And you can target these areas All right, so nothing has changed in our analysis since we started this this this webinar We're looking for the test up in a 95 and 100 All right, let me know if you have any questions in here happy to get to them in In discord or in YouTube All right, so Anyway, here comes our move All right and still looking for higher Okay, 100 look at they're adding more liquidity up there. See how it went from orange to red again very indicative of Large sell orders at a high area here and they're adding to it around the figure Okay, they're even adding it here a little bit more at 95 So the buyers have their work cut out for them They have to trade into and through this 95 area obviously to get up to 100 All right, but let's we'll just zoom in here in and check it out Okay, so are we finding the buyers here not not now not at the moment Okay, so we're likely going to get some sellers. They'll probably take it back maybe back down here 90 ish or so All right, so let's we'll see let's take a look at maybe some Look at kind of value areas in terms of a trend Okay, so I'd be looking for these buyers to probably scoop it up right around 90. We just talked about 90 All right, so let's see Okay, now what am I looking for in this very small time frame here I'm looking for a lack of sellers here and buyers here around 91 or 90 and three quarters don't see it yet. All right, so not that scenario is not unfolding We might get back up here though. Let's see Okay, if we don't well then we're looking for we're already at the bottom of this range We'd be looking for the next one or structural area probably around here or here 86 or around 87 you can see some liquidity at both those areas here right now. All right So, yeah, they're taking it down into 87 already Okay, now see how we had to zoom in and and and kind of understand what's going on up at this area Understand that We found some buyers up here that was it though and we were we zoomed in here and We're looking for well, well maybe off of this trend line We're looking for it right in here Okay, and this trend line is actually pretty good There's another little kind of consolidation here, right? It's kind of bouncing off of that We want to see if it's gonna if we're gonna get buyers in there to take it higher Okay, so at that point we'd be looking for something like Something like this like a lack of sellers are green dots in here and And for the move back up into this liquidity up here Okay, that was the scenario. We didn't see it. Do we see buyers here? No Okay, they didn't come in We started to see some sellers down here. Okay before the move into 87. We already we already talked about it That into probably 87 or down here also 86 is is possible Okay, so what let's take a look here Okay, just by looking at the structure in here I got a low volume node in here just again a low volume node doesn't To understand what this means in here is really the key To a finding something higher probability It means that nothing traded in here a very little traded in here see how it broke out on strong volume Okay, so this this area here hasn't really auctioned much So maybe a price accepts above. Okay, here it goes. It's gonna test it All right, let's see. Does it accept? Do we find a auction here? Is it rejecting and coming right back up? All right. Well, let's take a look at this here All right, because we might let's take a look at this. We might get buyers back up here and we are Okay buyers, you got it here. Let's see it. Let's see at 89 and a half. Do we see some? No, we don't We might get a retest back up here though We'll see in fact, it's more sellers coming in This is this is how we're reading and starting to understand this rejection here or this this low volume area in here All right, so we're looking for a A Couple different scenarios up here at 89 we're looking for our green dots Okay, we're looking for the order book to support that as well or we're looking for sellers here around 87 and Then for them to take it down to 80 80 well through 86 I think into 84 and 83 here Any questions guys? I mean we're just kind of going through this the here and now And Understanding order flow just on what we're looking at in kind of shorter term Okay, and then putting it together now. Let's take a bigger step back And I also want to show you two things I'm really excited about in here And that I thought about what to show today and that's the trader map pro combined with the Market pulse product that we have and these are both new so We're gonna get some additional insight in here from them. They're great great new tools. All right, so Anyway, let's see if we get our buyers up here. I like to see look at the book at 88 Okay, so there's some buyers coming in now. We're looking for our green dots and nothing All right. Well, anyway, let's let's take a look here. Oh I wanted to go over a higher time frames as well since it's Friday and we have the You know the entire week worse of data here so We've seen a lot of strong buying come in in here This is the daily here on the left hourly in the middle and then the 15 minute here on the right The daily chart, you know, this has been you can see all this back and forth in here on the daily Back in December and early January Then it broke out Guys look at the breakout here. This is why you know, I keep saying we're not making this stuff up You just can't make it up. Uh, oh boy Let's try that again Okay consolidation breakout Retest to that area where it broke out from right here Okay, retest back up here and it broke out We're we are breaking out here on the daily as well. So the momentum here is the upside Right now look where it's testing on the daily though up into here Big wake up here where it retested here on the daily All right, so I'm looking I mean on the daily chart this hourly chart and the 15 minute chart all of them All three of them are aligned For looking for more momentum here on the buy side to the upside and test into this 4100 Or maybe a little bit above it. Okay, and that's it for right now Just looking for that By looking at the these three these three charts here. Let's let's take a little deeper look into the The 15 minute though, right so strong strong move here on the 15 minute We might get a bounce off of just around here If we get a pullback here and some sellers come in So around around 40 76 or 77 All right, let's take a look in bookmap and just match that up with order order flow here We set it right around 77 here. Well, I don't I don't really see much there They're up here at 80 though. All right. I see I see some buyers here at 80 All right, so that's where they're willing to support it now again We just marked up the charts in very specific ways With breakouts the consolidation. Well, here it is again at 10 a.m You can see this is where it broke out from and that's why we see some support here in the liquidity at 80 okay, so Anyway, that's Again market structure is what we're talking about and then we're talking about the order flow within that structure Talking about the volume that's taking place inside that structure And we're talking about the liquidity heat map where they're bidding and offering within that structure All right, this is again like as I mentioned before kind of like a foundation here for understanding Order flow and this works on all time frames All right, and this opens the door for you to look at whatever it is that you're trading if you're looking at a longer higher time frame trends If you're day trading and looking for breakouts of of a range And will it accept or reject? You know, maybe you're looking at the the first Hour of of transactions and then looking for If the market's going to trend away from it or or Test the outside ranges and then trade back into the value area Okay, more like a mean reversion trade. So these are some of the things to You'll look at the order flow to give you some insight here all right, so now what what I want to do is We we already looked at the higher time frame. We might get a bounce off of here Maybe 82 I like 80 a little bit better. Maybe kind of comes down in here And then maybe we can get a bounce there. So here come the sellers looking for them to drop it down into 80 Okay, I mean Obviously this we're not much of a move here, but it's it's pretty simple to see that move unfold I hope you guys can can understand that like Look at the selling here And then here again pull back and there's more selling here again at 84. Great. We're looking for 80 Uh, we're already there. I would have taken some off here at 80. Okay now We might get our bounce in here. All right. Let's go over that scenario. What it's going to look like in the order flow all right, so in fact, let's um edit this Put it up here Uh, maybe we'll get a pull back here back to 84 by buyers. That would be the first step Okay buyers to take it back here to 84 where it just dropped from Uh, and then maybe they'll take it back up into here and then we're looking for our buyers again Our big green dots this that would be a false breakdown here And then we'd look for the can Uh, the buyers to come in on the other side above all of this volume here all right So I don't see that unfolding yet not even anything close So I'm actually looking for more sellers here and another move lower Okay, so looking for our sellers. Let's see if we get them here And if we do where's the next level we're looking for? Uh our 77 actually remember we're looking at 77 earlier. That looks pretty good now right right in here Okay, so I'm back and forth breakout So right here 70 let's call it. Yeah, let's call it 77. That's fine Okay lack of selling here actually didn't get them all right, so Let's see. We looked at our hire timeframe. We talked about a lot of different things already Uh, and let me see if there's any questions. Um Oh, thanks jay. I appreciate it over in uh in our youtube channel and But yeah, here come here we go with more sellers down below Guys, I don't like it. I don't like it at all. This is not shaping up really well for a trending move It may do it But uh, there's some buyers up here. There's not a whole lot of sellers here and the buyers are coming right back in So, you know, we're not getting exactly what we're looking for For a higher probability move. So we have misalignment here in the order flow. So what do we do? We do nothing We wait until we have more insight like it this was this move down to 84 was was You know very uh straightforward. There's more sellers at lower lows. There's less buyers at these lower highs We're looking for the sellers to try to drive it down into our 80 level Just that that was the move All right, that was the kind of higher probability or understanding that we're going to get that move right now We don't have any kind of understanding It's all over the place The they did we did get a retest back here to 80. I'm sorry 83 I was hoping maybe 84 uh where it dropped from but this makes sense here, too Okay, now we're just not getting buyers back up above it yet We need to see that in order for this to to to break the uh the downtrend All right, I hope this is making sense. Do you guys have any questions on this? When you start to put these pieces together, it's it's going to be magical I mean, uh, you'll you'll be able to to read these markets so so clearly and and succinctly um, so um Yeah, let's take a look here Some selling starting to pick up All right, let's see it. Yep looking for them to drop it. Yep. I think we got it here Let's see And we'd be looking for well, we we set our 77 level But we might come back and revisit here the lows here at this at this point Maybe 72 or the lows at least in this in this move here All right, and now this is where our our bigger breakout took place here as well. So let's mark that up Yeah here at 70 Okay, see see the insight here now It's not as insightful as earlier But because of some of the buying up in these areas here, but look at the cluster of selling All right, so uh now They didn't they weren't able to really drive it away yet, but we're looking for it So we're looking for lack of buying which we're not getting here We're not getting lack of buying here. So yeah, actually you're picking it up Okay buyers are going to take it to 83 here We might get our breakout now to the upside Okay, see see how we could read that here. We got some kind of clarity. I don't think it's high probability But we got some clarity in here for this move back up to about 83 Hey, just can this is all in real time But you'll see this on much much higher time frames as well We'll zoom out and we'll take a look All right, but here here's the what we're looking for Okay, so we knew that it was back and forth in here and we didn't have clarity Started to have a little bit more clarity down here But then we got buyers here. Well, that's not right. That's not what we're looking for and we got buyers here again. Oh, okay likely they're going to take it to the other side of the range all right, so uh and They they kind of did they didn't quite get to 83 But we might we still might though all right, so Uh, yeah, here we go now. Let's see them really pick it up. Now if we do get them up here at 83 I think they'll we'll get a breakout of 83 Probably up to this liquidity here at 86 Okay, so let's see if we get our big green dots up here Yeah, let's see here. I'm looking for more on the bid here higher liquidity up on the bid here That would be helpful And I want to see these guys pull liquidity up here on the offer And then we can move up into 86 And we're not getting that we're not getting that scenario. It's not unfolding. So it's not ready for it all right Is there a Trout fly is there a way to tell if liquidity level is a spoof or not? um, we don't really quite um know how to say like, uh, yeah, I mean we can we can call it a spoof, but um the um A spoof let's just define what a spoof is okay, so a spoof Is high liquidity that has no intent to trade at all Okay, they're just trying to show like in here for example. This is kind of like a spoof All right, this see this chunk of liquidity is layered. This is called layering in fact one two three four five five levels of liquidity in here And as price came up toward them only a little bit traded in here and actually that's an iceberg order that traded here Right. So did these guys have the intent to trade? Answer is no So this is like a spoof All right now It's a little bit. Um, I mean Yeah, I hate to call it a spoof. Um just I want I want a very clear definition on it. Um, and this is spoofing like behavior is what I should say Uh, and uh, you know even down here. Did these guys have the intent to trade? No, they didn't Okay, so they they polled as well. Uh, these guys traded right here Right. Look at this is this is where it becomes really interesting. Is this a spoof here? Absolutely not Hey, it looks like it right kind of looks like it high liquidity 269 contracts very close here trying to skew the the offer here to get Sellers to come in and push the market away into these lower levels here, but look what happened It's not a spoof whatsoever. They traded. Here's your transaction right into it 257 contracts trade right into it here all right, so I don't know if I'm giving you a clear answer Uh on the spoof, but like if you see the reaction to high liquidity, that's very aggressive that just pops into the order book Uh, and then uh, they pull well, then they didn't have the the, um um Intent to trade and then that's where you can see this uh Or be more definitive about it being a spoof All right There's times where like, you know, I mean you see this spoofing like behavior all day long, uh, basically But uh, uh where you can get some really good insight is when they actually transact and trade in in these areas here All right, so that gives us a lot of insight. In fact, we talk about this many times This in here look where it traded Okay, look at the drop right Look out how this became an inflection point here or a pivot point Where if we get buyers back up above it, they should be able to reach back up here to 83 Right because this is like a trap here. It is a stop run as well Okay, so we see the stop run here. We're looking for buyers here to take it to the other side of the range. So did they? absolutely all right So see how we can start to understand these areas in here, uh, and really, uh We're talking about like microstructural Areas in here starting to understand the order flow and we're understanding really the players in here their activities Yeah, you're welcome troughlight. I'll I'll we'll keep we'll continue on with the spoof you know It's really about not You know trying to like skew the the order book to their advantage to the trader's advantage without taking risk That's really what a spoof is Guys this see how we traded we're looking for a move to 86. We talked about this Okay, this is playing out really nicely still looking for it to trade Look at all this up here. Actually, this is really interesting stuff up here This is actually interesting day, uh, so far at least in the smaller timeframe order flow There's a big iceberg up here. Look at this Okay, so, uh 24, I don't know 2000 have traded here on icebergs into this area right here Look at all this buying here Look at look at your it's crazy, right? Look at this 45 89 4589 contracts traded up here at 85 And price yet was still not able to go higher It's because this iceberg here is absorbing all of that. Let's turn on icebergs Hey guys, I'm sorry. I get going here. Uh, and uh, there's just so many interesting fascinating things that are unfolding I haven't gotten to the Overall thing I wanted to show which was the trader map pro combined with the market polls um, but um Let's take a look here at these icebergs because it's right here. And this is just beautiful. Look at this Talk about a weak top It doesn't get much weaker than that Look at that. It's nothing but buying here at 85 and yet it can't break higher All right, if we get sellers down on the other side here, look out They're going to drive it probably and I haven't looked at it yet But I would imagine they drive it right back down here to 80 and and the half Okay, because there's an iceberg here absorbing all of that buying And we're not getting any more completely absorbed it Completely absorbed all the buying pressure here 4 4589 contracts and buyers can't get higher. They can't take it higher When we see sellers on the other side of this range, they'll drive it back down into the mean Or drive it back down and retest some of these areas here. So did we get our test in the 80 and a half? Well, we got that and then some Okay, in fact, 80 and a half has already come back and retested it right here All right, so Anyway, some really some really interesting stuff In the order flow and that iceberg is still here Okay, it's out of well at least one of them And I do see this just one right now Has traded 2169 contracts up here and it's still here All right So now, how do you use this to make better trades? Okay, well Like we were saying we were looking for Right, we went through the whole analysis in here. We were looking for the move down into 80 We got that and then back and forth in here and we're like, yeah, I don't know like I don't we don't really like it We're not getting much insight here. We start to look for some insight here But then they pulled it away right here right here at 80 Right remember when we zoomed in here, uh, and we saw this This dot this is not what we're looking for and then we got more We got more like a kind of a retest to that area here Okay, we're looking for 83 Okay, and that that did transact it took a little it took a rotation, but it did transact And then we're looking at it. We had our trend line in here Uh, and then we're looking for okay. Well, yeah, maybe they can get back up into 86 Okay, because they're going to pull away from this area in here And we got up to 85 and it was totally absorbed By an iceberg We look for the sellers on the other side of the range here and they will drive it back down and retest 80 and a half in this case they went all the way back down and um Made it back down into 77 or 77 level that we kind of looked at earlier All right, so now we're uh Back to the back and forth in here All right, so a lot of a lot of great stuff going on in here and look at the stop run here as well on the way down 282 125 There's probably more than that. I've got a filter on it right now all right, so anyway really really good, um Interesting order flow and we got some really Nice tools to to give deeper insight to to the transactions or Um the um price action in this area here Area here. All right. Look at these look at these buyers coming back in Uh, let's see if they can do it here Yeah, I'm looking for them to test up into the 85 here in in this this iceberg Here's here's why I mean like uh, we're getting buying pressure without any skew in the order book here Like sellers can take it down to 80 and to 80 really quickly here But we're still seeing buyers up here and without support Well, then I want to see them try to reach into this and and test this iceberg here Okay, if we if we do get more support like right right there. Look at this. We should get buyers off of that And we're not we should get buyers though like because it's pretty strong up in here Now we didn't we didn't okay, so uh, so, you know, there's some what does that tell us? Well, it tells us that this liquidity came in actually sellers were interested in it. All right, so, uh Uh, we're kind of back to like well now now. We're not really too sure what's going on here Because of we are coming up higher and we and we found buyers here without much in the order book I'm looking for them to take it higher and then we got we got what we wanted. We got it We got our high liquidity at a higher level here But the reaction was weird. That's not what we were looking for We're looking for this to repel the sellers And find more buyers and trade higher into that iceberg and we didn't get that Okay, so we're back to like well now. We don't really quite have that Um, you know crystal clarity here What's going on? All right guys, it's a lot of stuff. I I know uh and trying to uh Put this there's a lot of ideas in here. Just take maybe one or two of them into uh Your your trading plan, you know just uh Just a couple of them And I think you'll You'll get higher probability outcomes Based off of uh some of these ideas in here All right, so Let's um, let me go I'll I'll get started here and we'll look at the heat map um Let's see. Where is it? Trader map pro I want to move that over here Because this is great stuff in here. All right, so here. I've got trader map pro uh and um Two different versions of it. See it says es um h3 or our es march 2023 contract with rhythmic. Well, this is a kind of a derivative of it And it says tm here instead of rhythmic It's trader map trader map pro. All right, so it's mbo data from rhythmic in the cme So we're able to filter the order book to show higher Liquidity like these orders here is a filter of 10. So if we zoom in and look at it here, see how it has to be 10 Minimum or greater on the bid or the offer for it to uh display That's why you see the the the spread is much bigger here in this chart Okay, it's always like a couple of ticks or so Um, it's because uh, I filtered the the order book I filtered completely the order book here for 10 or greater now with in the s and p 10 or greater is not that meaningful Uh, but it does show a different heat map Uh, here's one for the same trader map pro Let me show best an offer um Oh, yeah, I'm showing it. Okay. Uh, I'm it's um Uh for 100 though all right, so where show me and Filter this heat map and show me where there there is a hundred on the offer and a hundred on the bid Well, here they are Here's a hundred way down here at 39 25 Uh, and then let's zoom in here and the next one is up here at 95 And then one and then 4100 and then this kind of o2 or o3 area up here. You can see a hundred lot How does that help us? These are larger players Clearly clearly They have to be uh, who unless someone in here It it's just It doesn't matter if someone's in here and they have 250 lots up here or not Um, it it's a larger player. You would be a larger player All right, so uh, now we know where they are. This is where they're willing to deal on the offer Okay, so now do we find aggressive buyers willing to trade up into these areas? Not not now But 95 is a good area Remember how we looked at 95 earlier here? Okay on the regular chart We we already saw that liquidity up here Yeah, also up here All right, so uh, anyway, that's the way uh, good morning, tony Nice to see you in here. Um the um, so that that's um The higher time frame liquidity we're looking for uh for it to transact All right, so, uh, let's see if it acts like a magnet here We'd be looking for uh that that move if we get our buyers in here Then this is where they want to go is higher liquidity and we have that iceberg up here as well All right, so now let's uh, let's let's just use the one for 10 right now and then i'm going to open up the Market pulse All right now what we're going to do in the market pulse here Uh is something we alluded to last week Uh and that is to show Use this for correlated markets. Okay. This is a great tool here. Uh, I've got the nq up uh here And let's uh, uh, we can we can use it for both We can use it for the nq So i'm going to start it here It's loading it Okay, i'm also going to start it for the es and i'm going to create another one here I'm going to create another one for The russell in fact, I'm going to stop the one for the es I don't want to look at it. I want to look at the russell uh and um Volume pressure you guys only have uh access right we have a lot of other algos We're going to release here pretty soon, but uh, uh, we're going to look at volume pressure here for the russell all right All right, and we can close this now All right. Well, I'm not we're not getting any insight right now. I'm very low volumes here at this at this period but let's see if uh What we're looking for in general is we're looking for this es here We're looking for volume pressures in it To trade to the next high liquidity level here using trader map pro Uh, and that would be on the offer it's up here at 95 as we mentioned and then 4100 the figure and then o3 uh now um You can see they're kind of down here around this 61 or 60 area down here But now what we're going to do Is look for buyers or sellers to come in And it sellers So hold on a minute here. All right guys Let's turn these volumes down a little bit Well, that's the es Okay, so now we're we're adding a confluence in here um And we're looking for high volume in all markets here our stock indexes. We don't have the ym up but This is how we can start to look for a higher probability trade Okay, well, we got the nq and the and the and the rustle Hitting the bid hard as well as the es We have all of them aligned We're looking for them to take it down to 60 57 Okay They're all aligned here. This is a higher probability A trade uh because our or uh move I should say we don't this is not a trade recommendation room All right, we're looking for Additional insight in the order flow Okay, russell's selling off again Okay, now they're starting to buy a little bit on the russell So we're going to get a little back back and forth now But do you see how that reading this in here on the move down was really pretty pretty straightforward Okay, we're looking for a level it actually traded to our 70 level here Uh, and uh, we had a core we had two other highly correlated markets selling off a little bit before the es sold off Okay, now we're using this trader map pro or this filtered heat map here to give us additional insight to where it might go Okay, I I'm still really liking this 60 area or 61 area down here Okay, and we do we do see some coming in right around this right at the low here now at 68 Okay, now let's see do we do we hear? These correlated markets down here at 68 Let's look for it if we don't And we come back up here at 72 and we hear these correlated markets On on the buy side. We're looking for a move back up here to 77 in the es Or 77 and a half Right Is this making sense You guys have any questions Okay All right, so here we are now this is where we really can we can really sink our teeth into this here This is not a signal right now for a drop lower this liquidity looks good here trader map pro But we do not have correlation here Okay, so if we're not getting all the sink here on all markets It's not as easy as a trade uh or as a read here All right, so let's let's see if these guys pick it up here on the uh on the on the nq and the russell And we're not hearing it look at look at it right now So is this Are we looking for leg one consolidation and leg two in the es will not right now? Certainly not right now All right, see how this filtered out this correlation here filtered this out for us Guys correlated markets are one of the best I I think uh kind of Additions you can you can add in here because it's relative value now look at this We have high liquidity here on the offer It's starting to drive price away, but do we have our correlated markets here not yet Not yet So stay away We start to hear this pick up we have something better though Is getting there nq is getting there russell is not even close nothing's happening in the russell So we're getting something on the on the nq All right, so now so do we have something really high probability here or higher probability? It's better, but it'd be great if a russell was also in line Okay, so yeah, you know I'd be looking for it to come back down, you know lower here maybe 65 63 um Because we have we have the uh the russell. I mean sorry the nasdaq selling off as well as the es here All right, so we have some alignment, but we're not looking for the greatest move yet Now let's see this is we're coming back down again Now we're seeing see the buyers come in here. See you see how we see how that kind of filtered this trade for us a bit It's like, uh, yeah, it's not bad. You know, maybe you know looking for our 65 In here But now we're seeing you know some some interest here on the buy side in the nasdaq Okay, we don't see a whole lot of buy side here in the in the um The es at the moment, right, but we certainly do in the nasdaq. Look at that Okay, do we see that in the price action here in the es not really we see some Let's just jump over to the nasdaq and take a quick look See see the cluster in here on the nasdaq. It looks better right Okay, so nasdaq should be able to come back up here Uh to uh 135 maybe uh 145 here Okay, now what would help this nasdaq move? Well, we don't have our es up here. Let's let's actually add our es Which is fine. We'll play it Yeah, we'll put it in here Let's put the es up above In nasdaq and then rustle All right, so now we got them all. Okay nasdaq selling off es All right, not bad Let's see es should be able to drop now to our 60 65 level here rustle starting to come in a little bit Yep. All right. I this is looking better looking for the drop here 65 And let's see if we can get back down into 60 here Okay, looking at oh, let's jump back to our trader map pro 65 63 61 60. Yeah, these these levels of liquidity here on the on the uh on the bid So you're not uh prickly you're not looking for a break of 67 50. Well, I don't know. Uh, let's see This isn't looking I would agree with you right here right now Look at sellers here lack of sellers on the retest here all we need is some buyers up here On we get a nice move now. Let's see though. Do we get more sellers here? Yeah Or do we get do we get all the markets here correlated? No not yet So you might I I can see what you're looking at or understand that we might get a bounce here However, we come back down and we see red dots here on the es and and these correlated markets hitting the bid hard I think we're going to get a nice move to the downside Hey, and and I'm not trying to argue with you I'm just going off of You know objective indicators here objective insight from other markets And and what the es is doing as well. Okay, and where the high liquidity is by the larger players in this, uh s and p So here we go now And q selling off. They're all selling off So we're looking for the move lower here Okay, should be a nice stop run as well to the downside Okay target is our 60 area Arthur what was generating the sound here is the um, uh, market pulse tool It's a new tool we have let me show you where you can find more info about it Okay, if you go to bookmap.com Uh, and then go to um The knowledge base here click on the more button go to the knowledge base and then go to the add-on section here And then you can look it up here market pulse. I'll put the link into the chat for you There's a little video as well as a pretty deep explanation of what this is Market pulse volume volume pressure All right, there you go Okay, look at the the bid is there's more support down here on the bid Actually, they're bidding up a little bit here too Uh at 64 Now this is where prickly might might be right Okay, I mean we we were looking for this move lower into 60 Uh, and it's still uh in in the works here uh, but um Let's suppose like, uh, you know, we see massive buying up here Well, this is the 67 level prickly was talking about Okay, now We're getting the es we're getting a little bit on the nasdaq but nothing on the rustle here uh, and um So not not likely until we get more buying in here Okay, so I don't know like again prickly. I'm not trying to argue With you. I don't care. I'm not trying to make a call It's eagulous in here As pointless We're looking for something that for the the players tell us what's going on in here So you're 67 you're 67 50 level great. You got a level It's high. It's what you do and what you trade now look for some of these other confluences to support that idea All right, so it might work out really well for you right here right now. Look at this on the bid Look at this here very strong liquidity here on the bid. Do we get buyers though? Starting to in the es but now that liquidity pulled and do we get sellers? Yeah, we got some sellers here now This is looking good for the drop back down to 64 and then 60. Let's see though I want to see the uh, uh nasdaq and the rustle to coincide with that All right, and then we should get a more a purer Uh insight and move uh to the load to the downside So see look at the rustle starting to buy Um, all right, let's see here. Um, is this in a paid for indicator? No, I think it's free right now All right, here they go. Look at the selling es nq Look at look at all of them sell off here This is a really interesting move. It's it's all heavily selling off, but just not really dropping That's probably let's just jump back to this one. This should be huge iceberg And it's not interestingly enough. That should be a big iceberg in there Anyway, we're looking at the trader map pro here with 10 or more contracts and they're up here at 72 Uh, or they're down here at our 64 and then kind of 60 ish level Yeah, here you go. Here's the information on the market pulse Um from january 5th to january 31st. Um It's free Okay, at the end of the period it'll be available for 17 bucks. All right, so starting february 1st, it'll be 17 bucks That's a pretty good price though With I mean, you know to understand to get these kind of higher probability or understanding of what might unfold here Um with correlated markets. It's it's fantastic No questions over in discord. Okay All right guys Oh, let's jump back to our higher time frame as well and take a look at this Okay, this is it. This has been a really interesting move. This is what we're kind of looking for an outlined we outlined uh earlier Uh, that if we if we're looking everything was strong here on the buy side buy side on the daily hourly 15 minute And I don't know I don't know about you guys, but usually when I see something like that It it typically means it's getting ready for a pullback. Um It's just it's just always seems to be the case That uh We get some exhaustion. Uh, it makes sense It doesn't seem like it makes sense But it kind of does it's just the markets cannot continue to buy and buy and buy So you we got a pullback now the pullback look at the 15 minute chart. We talked about this This is where we'd be looking for that pullback to come Uh is about this uh, uh, somewhere around in here. Maybe 56 Maybe uh, this swing here is 67 Uh, and then the move higher. This is what prickly is looking at All right, there's 67 and this bounce. I like it. I like the idea a lot Uh, I just don't see anything on the order flow supporting it yet not yet All right, I I'm I'm still there still seems to be some some selling pressure in here and uh, maybe uh, uh This 60 area looks pretty good to retest down here on the 15 minute chart Right in this little area right in here If we look at one day you'll see it better, right? So somewhere down in here Um And we haven't gotten it yet, but I I like it. Um I like the idea Yeah, it's a strong strong fight. Um, definitely, uh, so I'm back and forth in there Yeah, these are these are separate widgets. Um, this this, um Market pulse And if you can get you can right click on them and go to the settings here and you'll see a lot more You can play around with in here. It's all within that. Uh, link that I sent in in the chat there for you Arthur Okay in youtube Yeah, I'll put it here into the discord as well. Sorry guys Here you go Yeah That should do the trick. Oh no, that's not going to do the trick Yikes, sorry. Uh, this is this didn't work. Um I'm going to put the link back in here into youtube Sorry about that There we go. That should work. Let me edit this in discord Okay, there you go. All right nasdaq starting to um, uh buy Now nasdaq a lot of times it leads Okay All right s and p starting to pick up. Okay, let's see it. Let's see them move it up to 72. I like it This looks good. I'm looking for Uh, these buyers to try to take it up to 72. At least we got the nasdaq. We don't have the rustle here yet Okay So we don't have a pure move here, but we do have two markets correlated and we see the volume looks pretty good So 72 Maybe we can continue on up into 80 here now The rustle is now taking apart All right See how we see how we can read that So it's already moved to 72. Okay from about this, uh, Oh 69 to 72. Okay, and that was all we're looking for Uh To begin with this liquidity here in the trader map pro Okay, so again just to kind of um Uh summarize here what we're looking at here in trader map pro is 10 contracts or greater in the es And so we know where the high liquidity is by larger players All right, so at least 10 are greater so 72 now there's some up here at 75 or so and then up here at 80 Now we're looking and using What we go through in order flow price structure and volume Uh and and liquidity here Uh, but together with correlated markets are are the other markets. Also. Do we see volume? Pressure also in the nq and the and the rustle Look look this right now. This looks beautiful for a breakout, but I'm not hearing any volume. It's crickets right now All right, so we might just get to move quickly right back down to 68 here Okay, maybe 64 We see some exhaustion also here in uh in the es See how we read that and see how that kept us away from buying a breakout here Okay now look at the es sell off Okay, but just the es I'm not seeing the nasdaq sell off Or hearing it sell off. Okay now they are Okay. Yeah, let's see them take it down to here 65 66 now again Like we're reading these smaller time frame moves in here and and basically kind of looking for these like scalps in here, right? um I just want to reiterate again and again like this we want to go through as many instances as we can on this Uh, so that when you zoom out and you look at your higher time frame Uh, you can put the pieces together It's the same thing. It's the same thing you'd look for just on a higher time frame. That's all Okay, so look at look how we avoided that, right? We're looking for 80 earlier. First, we're looking for 72 than 80 We didn't get anything up here to give us any insight Uh, and then we started to see other markets come in as well and the es sell off here Great. We're we look for a move back down into uh, uh, this kind of 65 area and that has basically unfolded already Okay And there's still doing it. All right. I'm still looking for 64 Okay, and only the nasdaq is hitting right now. Uh, no, they're all hitting now. Okay, so there we go Guys, I mean this is uh giving us some really nice insights I think what I you know what I really kind of enjoy about this here Uh, is the flow and I'm not trying to talk about order flow here, but You guys have um, one thing I think the markets can be so, um, difficult with is just flow And what I mean by that is, um I Your workflow Uh, it gets it gets so disrupted um with uh in the markets because it's all event driven and You know the um Uh You have to wait and wait and wait and that's so difficult and it's so unnatural for us Uh as uh as humans Uh, so uh algos no problem. They can wait forever Uh, but uh, we we want to you know, we want to work we want to we want to continue to to um move forward, uh progress And uh This is starting to offer it. I I feel at least we're looking for a correlation. We're looking for the uh, The volume uh and the liquidity in these certain areas in here and we're looking for that to all gel And when it does we got something and we look to go with it Let's see, uh rob. I didn't think uh The use of multiple indexes with market pulse like that. Oh, yeah, this is a super simple one. Um Uh, oh, I mean, uh, rob. Yeah, I mean, this is not the greatest. Uh, I mean, these are so correlated these these markets um that uh, uh, it's kind of a no no brainer Uh, it's when we get into like some of maybe the um Uh interest rate products or the you know the maybe the dollar index Uh, or maybe you're looking at some some bellwether stocks. Uh, these are other great correlations to look for Uh play around with it. I mean, uh Do some research on on on correlated markets, uh, and uh, see what's correlating now To get that that insight Uh, I think it'll it'll be really helpful I mean the old correlations are pretty typical like, uh, if if the stock markets are doing well, uh, You know bonds are are selling off You know the the the dollar uh is likely uh going down Very very simple, uh correlations Yeah, I I agree ramon, uh the us um euro usd is a pretty good correlation Okay, opposite correlation Yeah Yeah, we can look at sp y as well the market pulse will work on any markets because it's by the aggressor Yeah, no problem. Yeah, I don't have the sp y up right now, uh, but we could do that as well Let me see. Can I add it in here without having it? I don't think so No, yeah, you got to add it in here Play around with it rob. See see if that sp y helps you Yeah, we can we can add uh, I have the 6e right here. So we can add that one Uh ramon So you see I just added it and the new one comes out up here on top Let's go with 6e There it is and we're going to look at the volume pressure And uh, let's bring down the volume Okay, and then and then all you do is hit play And that it'll show up here We'll put it at the bottom Yeah, this is one of my favorites ramon is the uh Looking at the dollar, especially in these last last few months especially, uh You see that dollar strength and those stock markets are going to be going. Um Going down Yep, european close is coming up. Okay, nasdaq's starting to sell off. I have my my Nasdaq, let me go to the settings here on the nasdaq Threshold is a little bit lower here. Let's let's bump it up to 70 All right All right, so yeah nasdaq selling starting to sell off All right, let's see the other start to join you can you can see now which one's leading It's pretty interesting to see that this is leading here, right? Okay. Now do we get follow through? Not yet So nasdaq's leading but no one else is following In this case on the other cases they followed Uh rob, let's see can market polls do something like Appending vpoc See look at look at nasdaq going crazy there, right? And now it's the opposite. So nasdaq's pretty volatile It was buyers sellers. So it was a little little battle flared up there in um in the nasdaq Okay, but the the other uh, the other markets kind of stayed calm Okay, now s and p selling off There Now the nasdaq's buying though. So is the rustle. So what do we do? We're not getting any insight here. So do nothing Look at even now we're getting this this turn into a video game The 6e uh, they're buying the 6e Okay, if they're buying the 6e Then i'm actually this is getting interesting Let's see if we can get back up to 70 here This might be where we get our reversal that prickly was looking for earlier Right with this with this 6e now. We have additional insight in here All right, so let's see if we get it here. Um, I'm looking for buyers in here on all all of them All right now this this cluster of buying in this s and p With the trader map pro looks pretty good first target then is 72 Looking for buyers and i'm just looking to jump in then uh, and then take some off at 72 and then look for 80 There we go beautiful guys Hold on let me this is a little much All right guys, anyway, see see how we read that See how we read that strength before this move took place Okay already took some off Stop at break even looking for 80 now We also have something nice here that prickly was looking at earlier And that is our higher time frame In here Right, he was looking for a bounce around this uh 67 level right here Right So we can see wicks here and now this is what we're looking for here Uh is that reversal taking place all right, so uh 76 looks like a good area for a test here But we know there's liquidity up here at 80 right See how we read not only read it in the order flow in the es We heard it in three other markets Yeah, this is it's really nice uh ramon i'm amazed by it. I think it's so cool And now we can look for you know like a flag pattern here this this is is is really starting to look good for impulse move pullback impulse move 77 uh 80 something like that Okay, and look at this now this move is unfolding in the es but we're not getting much from anything here right so How much do you trust that move? you know I would still stay in this but like maybe the other markets start to pick up now Right, but uh, you know it gets it makes you does that make you feel good And it kind of like yeah, I don't know about that like you know Maybe uh do what about maybe take some other profit up here. Maybe 77. Maybe it's not going to get to 80 Maybe here uh this little volume cluster here. Maybe 76 right Maybe that's all you get out of the move Anyway guys correlated markets. This is a this is a killer here Uh with this uh market pulse Guys no comments over in discord Come on Got to be something Uh, let's see um arthur Uh, can you set up two different charts? Using different templates for each one. Yeah. Yeah, we've actually done that. Um, you know you mean for for which which one which one Uh for market pulse Oh, yeah Market pulse sure Okay, guys, so now look at look at this now now the nasdaq's starting to pick up great Everything looks good here. At least we got one market now do the others follow Russell's not even close But I you know, we're still in this right ES is starting to pick up now What about the russell? Nothing yet, but you know in this case all you're doing is riding it You're just looking for the the trend continuation here Up into 80 The video quality is better over here and youtube really that's um Wow, that's shocking Uh, then discord. Okay Take your word for it Uh Our walsh good reads. Well. Yeah, good good listening more like it. I think here, um Really fascinating to hear how these markets actually trade it really is A lot of times, you you know right now you can kind of hear consistent, you know What was a little consistent there in the nasdaq buying Other times you go And then a pullback and then I mean very very quickly Right and you get insight to that. It's like wow. That was likely a stop run that I just heard You know or you know someone just swept the order book You'll be able to hear it now. It's really interesting. Um Dollar index you can get it. Um, uh truman, uh, that is on Oh the ice exchange though, so you'll have to subscribe to the ice just to get that Which is kind of expensive. Um, so, uh, look into it. Um, I think I've got the information here You can get it from dx feed See now look at dollar index. That's that. Um, starting to sell off a little bit Okay, we're getting sellers in the oh, I'm sorry not dollar index, uh euro dollar I'm still looking for 80 here Looking for that push into 80 And there they go. The nasdaq's going to do it ES is going to do it All right now, let's see the rustle rustle should do it too We should hear the rustle pick up now And it's not All right, it's not but we got we got at least two You know correlated markets doing this The really great read happened here. Um, when we saw this breakout of the range And uh, we we we talked about it right before it happened here And the scenario we were looking for and then it unfolded And it was just nice to hear all of them go together So that gave us a pretty good feeling then that we're going to trade up into It was right in here. So it was around 68 or 69 because the first one we were looking to take off some was at 72 Okay, and then we're looking for continuation We also talked about maybe it comes up to about 77 But the liquidity is up here at 80. All right, so we're still kind of holding and waiting for for 80 here Uh, yeah, let me just show you here truman about the ice If you go to I think it's dx feed book map Our book map dx feed and you scroll down Yeah, here's ice right here Uh, it's 219 a month right, so um Now that's from dx feed For rhythmic. I don't know what it is. Uh, you'll have to uh um Yeah, maybe um I don't know if it's offered on rhythmic. I mean, I know I know it's offered on rhythmic talk to your broker or um I think you can reach out to support okay, so That 77 level it made some sense in here, right? 77 and a half Now see things are kind of changing a little bit 80 still here 80 equities here still Uh, but there's more liquidity up in here around 77 just coming in now when we found some sellers so anyway That's uh Okay, here goes here comes our euro dollar Selling off Okay, that's dollar strength So that's not what we're looking for Okay, let's see. We're back up here. Do we get buyers starting to let's see if we hear it here From uh, nasdaq and uh, and rossel Nothing yet quiet all quiet. I think the dollar index um futures Yeah, it's on the ice Yeah All right guys looks looks good for the uh for the 80 at least s and p now nasdaq starting to pick up Russell Russell's not S and p it looks good. Come on. Come on nasdaq get a little push here dollar index that's good I had dollar index euro dollar. That's good Let's see nasdaq Russell Nothing All right guys was european close is coming up and it's time for tom b. He'll start in about five minutes or so Uh, he's a volume profile trader, uh, and it will continue with our education uh, so Uh, yep, that's uh on youtube and discord So take a look at that. Um Our Yeah, he'll be starting and go for about an hour and a half or so So, uh, if you're interested in continuing, uh, some really great, uh, education over there followed by dug options with dug a really clear one of the best and clearest trading strategies i've i've ever seen So, uh, uh, you you would really do yourself a favor to uh continue on with some of these other, uh Traders, uh, and uh educators over on book map In discord as well as in, um, our youtube channel here Yeah, really guys, you gotta you gotta go. I mean, there's really great stuff over there. Um, so, uh And it will continue on Uh to rest of the day after that we have the algal voice as well All right, so, uh, yeah good trading everybody If you like this hit the like button for us that really helps Please uh subscribe to the channel that also really helps us here. Uh, and then we can, um, uh Continue on with this kind of education. No, I totally agree. Doug's videos are amazing Like I said, this is one of the clearest and and like I don't know. I think best trading strategies i've i've i've ever seen Uh, uh, so, uh You'll you'll, um, uh really benefit. I think from it. Uh, tom b Just a wealth of experience Uh, uh volume profile trading, uh, very clear, uh in his education As well with some very, um, uh, straightforward Um, uh Trading strategies, uh You guys are are doing yourself a discredit by not going So, uh or disservice Anyway, guys, we're almost there at 80. We'd love to see this here. We're starting to see the Look at the rustle pickup NASDAQ. Yeah, they're all starting to pick up here. So we're looking for the move into 80 That's it. Well, that doesn't give me too much, uh Uh comfort here might be we might hear the opposite hit hard here So if if it starts to happen I'd exit the trade, you know I'm not going to have it go against me come back down into like 72 again Uh, uh, you know, I'll take some off it that that 77 exit the trade You know, look it's still in and up trend guys, you know Here here like um So You can you can see oops higher highs, um It's still in play right so Anyway, you guys got the uh got the gist of it here. Um Arthur you had a question. I think about I kind of got lost in here about You're looking for something else Uh Maybe maybe we can talk about that on the on the next time another market pulse. Um Yeah, sure. Yeah, absolutely. You can you can add another market pulse profile in there. I should be able to add Um You can add two for the same thing Guys, look at the breakout here or the move up into 80 and strong volume So looking for still continuation here 83 85 Um, it looks good Still looks good All right Okay, have a good day everybody. Uh, thanks for subscribing or clicking the like button. Like I said it really helps us Uh, then uh, we will catch up with you on Monday. All right, don't forget tom b options with dug Algo boys all lined up next. Thanks. Have a good weekend. Bye. Bye