 All right, good afternoon everybody. So today's special event here, oh, let me start it in Discord as well. Sorry about that. Hold on just a moment. There we go. Okay, so today's event here with Stocksniper Trading. This is the first time we've had Ronnie, Ronnie and Dave from Stocksniper Trading. Today's event here with Stocksniper Trading. And very, very happy to make this happen. It's taken a long time to get them over here. So we finally kind of coerced them, looking very forward to it. So Ronnie's the co-founder of Stocksniper Trading and began at the age, trading at the age of 18 and holds a university degree in finance and enjoys studying economics and psychology of financial markets. He started trading stocks and options and also trades the forex markets daily. He's a price action trader and has experience in scalping low time frames. He is very passionate about helping others learn how to trade and mentoring them to be successful. Boy, is that true. So I've been over on the Stocksniper webinars and they are very, very passionate about helping others. It's really nice. It's a really nice group they have over there. So yeah, if you're interested about Stocksniper's, here's their website and special offers from them. I will put this into the chat and you guys don't have to click on the links there. So you'll be able to click on the links from the chat. Let's go through the disclosures and then jump right in. 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. Live trading is in simulation demo paper trading mode and strictly for educational purposes. Live trading executed in simulation cannot accurately represent realistic trading performance. Risk disclosure, trading futures, equities and digital currencies involves substantial risk of loss and is not suitable for all investors. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security nor lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. One more thing to go over. We still have our Black Friday sale on and it is 50% off of book map for the first month. If you're interested and you wanna try book map, this is the time. So it's only good for a couple more days. Try it, give it a shot, see if you like it. I mean, you come to these events and you wanna try it and you're curious, get 50% off, try it for a month and see if you like it. Here's the details. I'll put this into the chat as well. When you click on the image, it goes to the landing page here. You use this coupon code here. This also works for those that are currently using book map as well and wanna upgrade. So let's say you're a digital plus user and you wanna upgrade to global or global plus, you can use the coupon code. Or if you're a global user and you wanna upgrade and try out global plus, use the coupon code. That's the goal here is for you guys to cheaply try book map, see if you like it. That's what this Black Friday sale is all about. All right, enough said. Let's turn it over to Ronnie at Stocksniper Trading. And we'll get going. Welcome, Ronnie. Hey, thank you. Thank you guys for joining. Thank you, Bruce, for that introduction. I do really appreciate it. Like I said, my name is Ronnie from Stocksniper Trading. My partner is Dave. You probably see him streaming live daily at Stocksniper Trading, providing live education and some technical analysis and some trades. And I do more of the private stuff with our members and we do the webinars, we do live trading. We do also the London Market Open. We do New York with Dave and we also have members who do post-New York and we do some trading like now at this time of the day where we do workshops with book map, all of our live training sessions. We utilize book map and we educate with it. So I'm very passionate about price action trading, candlesticks, I started off trading candlesticks at a very young age learning them. And now I combined it, my knowledge with the use of book map and adding more confluence and making me more confident as a trader when I'm taking trades, when I'm starting to read the tape in the depth of market. So guys, number one, what we do here at SST is we are price action traders. Okay, so what I'm gonna do is I'm gonna start off with a top down approach. How many of you guys are familiar with what a top down analysis is in the markets, okay? It's kind of like looking at the market with a bird's eye view of overall how it's performing to kind of give us a general bias. So if we're trading the lower timeframes such as the 15 minute, five minute or even the one minute candlesticks, then we kind of get an overall direction of how the higher timeframes are moving to give us a little bit more confidence trading. So one question I wanna ask you guys, how many of you guys are scalpers? Okay, cause we have all different types of traders. We have investors who hold for multiple months and years. They look for a longer approach in trading. And then we have our swing traders who take positions and hold for multiple days, maybe hold for weeks and months, maybe going through in earnings. We have quarterly traders that trade quarter to quarter and that's more of a long-term investment approach but it's still getting into the markets but it still involves price action. So they're not too concerned about one minute, five minute, 15 minute candles. These guys are more worried about weekly and daily and four hour analysis for some nice swing trades with proper risk management. And then we have intraday traders who focus trading throughout the day but maybe on the 30 minute one hour they're looking to hold positions. And then finally we have scalpers. We scalp the market on like five minute and one minute candlesticks. So there's a little bit for everybody. And as a trader, you basically have to develop and what is best for your personality. It works for different people, okay? Cause some of us go to school, some of us have jobs, some of us have only a limited time to trade. So then you have to find what's best for you whether you want to swing trade, intraday trade or scalp. There's different schools of thoughts of trading and they do have different pros and cons. But what we're gonna do is I'm gonna show you guys how we conduct a quick top-down approach, okay? So as you can see the security that I'm looking at is US 30, which is the Dow Jones. I'm currently on the five minute timeframe. So each individual candlestick is five minutes. And we have multiple five minute candles. And this is live right now. So this is a live candle. But if I was to start a trading session like currently, like right now with you guys, I can see what happened today, but I don't know overall what happened yesterday, last week or how the markets are moving. So that's why we got to do a top-down approach. It doesn't have to be too long, but what we got to do is I like to start off with the daily personally. I like to go to the daily timeframes. And what I look at is how the Dow Jones has been moving. So I can see in the past because price action gives us historical data and we have present data. And it's our job to predict where it could possibly move in the future. So we can see levels to the left of the chart when we look over here. I can see over here in April 25th, 26th and the start of May, we had this area of resistance. Every time we pulled back up here around 34,100 we got rejected. We have multiple wicks rejecting. So when we have an identified area of resistance, which is called when an area gets rejected, we call it resistance, okay? And when you have multiple areas rejected at this area of resistance, then it starts to develop into supply. So also with the use of book map, this is things that we can't really see with candlesticks. We can identify it here with TradingView, but I don't know anything more than that. So this is where TradingView comes in real handy because we can start to see the offers in the market as they're happening live. So then it really strengthens our decision with our analysis. So we can see over here, and these are static zones. How many of you guys are familiar with what static means? We have static and dynamic. So this is a static zone. It's a zone, a line. It shows us in the past that it got rejected here. So what I do is this line can go across and when the volume, the only thing that is variable is the volume. The volume is the only thing moving. These zones remain static. And then we'll have a reaction when the volume gets above here. So you can see that we got rejected over here. It dropped all the way down to 30,600. We pulled back into this area of resistance and we have a lower high. So you can see that the supply lowered down into the market. So they lowered the supply and then we had the push down back down here where it collected some bids. We had like a double bottom and then it came broke this area of resistance and then we started this little daily uptrend coming back up to here in mid August. We were trading this in mid August and then we were looking for volume to close above and create this area as a demand and to come back maybe and come up to 35,000 in this area. But we got rejected and you can see this yellow line how it was a static resistance over here and acting as supply going into the future. So this is an, and we can bring it across so we can see where we're trading into today. So you can see here where the volume closed below and then this is called a retest. This is where the market will come back. It's kind of like a price check where Tom talks about how the market comes back and does a price check to verify this level and it gets verified with a lot of supply and then you get this big bearish engulfing candle closed below all the structure and then we start to push back down and then you see the pivot, we come right back up and then we create a new resistance in the market and we can identify all of these zones like this and we push down and then when the volume closes above now we have a little bit of an imbalance in the market and what we look for is another price check at this zone. If we get buyers holding with some demand then we get this big bullish candle that we got last Thursday, there was CPI news. So we had a big bullish candle and then when we started the week over here can start to see how many of you guys are familiar with what consolidation is. Consolidation is another word for just a pause in the market where it makes a move and now it's cooling off. So you can see that we're cooling off in supply here and in this area, we can start to see as it comes down, it picks up a wick. It comes down, picks up a wick. This was a impulse break, a false break where it broke below but if you wait for candles to close it gives you more confirmation. So if you took this trade, you traded it on impulse before the candle closed but it showed us a new lower low but it picked up bids. It could have been a hunt to come down and take out some stops, pick up the liquidity and come back up and then we keep this up trend going. So what I do is I kind of flip the zones, the colors. So it's to give me a heads up that this area is demand. Anytime we come back down here, I expect demand to come back into the market and bids to come in and hold this level unless it closes below. If we push below like here, this red candle but if we close below then we retest this zone, we flip it to a supply and we also watch book map to see all the offers coming into the market. It might strengthen our decision and maybe we sell the market to come down to this zone. And then if we sell here, we place our stop-loss above all the offers because we wanna be with the market. How many of you guys are familiar with what a market maker is? They create the markets. It's like an auction where have you guys ever been to a live auction to see how these things play out? If you go to a car auction, they have a car and there's bids and there's ass. It's a live auction. So these markets are the same way. Whether you're trading the stock market, you're trading the forex market, there is always supply and demand in the market. And also we go through stages of consolidation where we have to identify it and see what happens. So this is now I'm gonna continue with my daily analysis. So I'm gonna start fresh guys. So what I like to do is I like to see today's daily candle. This is today's candle. So we already started trading the London market and this is where it started London going into New York and this is where we are right now. It's mid afternoon and the stock market closes 4 p.m. Eastern and 3 p.m. to 4 p.m. is what's called power hour. There's a, it's a volatile hour in the markets. It's the close of the markets. Day traders, intra day traders, scalpers could be looking to close positions. Overnight traders could be looking to open positions in the markets. Swing traders could be looking to open positions going into after hours trading. So there's a lot of transactions that happen the last hour of the day. And 2 p.m. is also a critical time in the market because they knew four hour candle on most securities own pins and it causes volatility. So what I like to do guys, I like to color coordinate my charts. And what I mean by this is I used to trade with multiple screens where I used to have one screen a daily, one screen was an hourly, one screen was a 15 minute, one screen was a five minute. But I found that it was too busy. So what I, what I learned to do was to color coordinate my candles and time frames. So I look at, first thing I look at is my daily high and my daily low, okay. And I identify it with a purple line. The colors you can choose whatever colors you want. It's just been, I've been doing this for a few years and I got really used to it. Because then when I see the low timeframe volume, five minutes coming into this area, I know that the lower timeframe volume is coming to the high of the day or the low of the day. And we're gonna have a reaction there. So I have to be prepared for it on a scalping on a low timeframe. And what I also look for are other critical levels in the market. I like to look at clothes of bodies because they represent the critical volume where they closed. The wicks represent the range, how high it went but where it closed. And here this is like a spin top candle where it came up bullish and then it pushed down bearish and we closed near the low. So it's kind of like a 50-50 candle indecision in the market. But this is a big bullish candle. So we closed near the high. So that's why when we opened, we pushed for a new higher high but then it got rejected and news brought us down today. So other areas I look for are critical daily levels like right here. This body from Friday, November 25th last week but I don't keep it purple anymore. I go yellow here because all I do for my high and low are purple lines and then I go yellow for everything else. And now I look, if we're pushing down bearish we break this, we'll possibly come down and fill our wick. Where could we go down to? So the next logical area is like right over here. So I place another yellow line right here. The close, this little doji candle and we're still above there holding support. This candle broke below but if we come down with bearish volume we're at right now, 34,310. We could possibly push down to 242 and retest this yellow line. If we break there, we might come down to this wick today right here, 34,192. And what I also love with Bookmap is when I identify these areas, Bookmap shows me these psychological areas, like 34,200. And we'll see a whole number and we'll see a ton of resting demand in the market with Bookmap. So that's why it comes in really handy. And what we like to see is a break of that demand and a retest for confirmation that it's gonna continue to go. Cause we might notice that buyers are waiting to get fulfilled at that level. So we have to be very patient and disciplined when we're trading. If we come down to our daily low, which is here and we break, then we might revisit right here, this low from Wednesday, November 23. So that's all I have to do, okay? Cause remember I'm just scalping for maybe one hour, 90 minute session. So I don't need to continue to go all the way down here. That's enough for bearish momentum. But also if we come up now, we caught a wick and we're coming up bullish. So we're gonna come back to this yellow line to test here and maybe this high over here. But when we look to now, to the left of the chart you see over here, we got rejected. So now it's kind of like reading the tape, how I used to do with, but now with the use of Bookmap, it makes it much easier. So we have the purple high and right here. So we have all of this volume trading inside here. So what I like to do is find the most critical level where we get a few touches. I like to look at bodies first. If I can find bodies and match it up with wicks, then it strengthens my decision. So right here, I like this area. We have a close of a body, an open of a body. This red candle retested went right back up. We hold with volume above here and that's where we got that bullish move. Also coming down here, the screen candle respected this yellow line. And so that could be another area where we could move. And then one more area that I could look above me is right here. We have bodies, we have wicks getting rejected here, wicks getting rejected here. This wick retested and got rejected and then that's where we started that bearish trend coming down. So that's good enough for daily. We don't need to do anymore. I know the lines get a little busy in here, but when you go to a lower timeframe, it's gonna really start to open up things, okay? So what I do now, my next frame I go to is one hour, 60 minute candles, okay? So this is the 60 minute, here was Mr. Papa Powell. If you guys knew yesterday's news, he was speaking about interest rates at 1.30 p.m. Eastern and that's what caused this big three hours of this bullish momentum. What he hinted to the market was he has been increasing, the Fed has been increasing interest rates 0.75% for a long time now. He hinted that December, they're gonna continue to increase, but it's only gonna be a 0.5, half a basis point increase. So the market took that as forward guidance and bullish momentum, but they're still increasing interest rates. So today, we had some consolidation yesterday. See, this is the consolidation. We had a breakout at 8 a.m., okay? This was when we had news this morning. It created a higher high and came back. We were trading this too and on book map it showed like it was kind of like a stop hunt where it came up here, took out the liquidity and they reversed the market. So they trapped a lot of buyers thinking that the market is gonna continue to rotate up. However, they grabbed the liquidity, they took some stops out of there, they triggered all the pending orders up there, they picked up all the liquidity and then they started to reverse the market down. So this is now what I like to look at as critical areas. So this daily, see how the hourly candles, they came down and they bounced off and came right back up. This candle came down and closed now. So what I like to look at is below here is a supply zone. So below here, the yellow line, I draw this red box on a cross like this and I will show you how this looks on book map as well. Okay, so I draw a supply zone. So if we ever come back up here, we're more than likely have a high probability of getting rejected here and continue to push down. If we close above this area, if we get hourly momentum to push and close above, then we have a high probability of filling this gap and filling this imbalance right back up to this daily. And if we get that break, close with volume above, now what we're looking for is confirmation or retest. We're looking for the momentum to come back down here and to pick up bids. So with the use of book map, this is where we can start to see if bids are stacking and we get more than we can buy with the market and place our stop loss below here. And then what we can do is we can flip this zone to be a short-term demand zone. If we get above here, because we're gonna use this for demand going forward unless it breaks down, okay? But currently our price action is below here. So we're still gonna keep this as a resting supply in the market and then we're gonna utilize book map to show us more in depth what's going on there. And then now what I like to look at are critical bodies, okay? So we had to push all the way down here at 10 a.m. And then that created our low of the day and then we had a rejection wick where it closed right here. Then 11 a.m., we opened, we came back up to this daily, got rejected, we pushed down, but it created a higher low right here at the next daily. And it's a whole number, 34,200. So you're gonna start to see a lot of psychological levels. I'm a psychological trader too. So I really like to trade 50% retracement, psychological levels at whole numbers and book map really, you can really see this with book map. And then what I like to do here is the critical volume held right here. Look at where the bodies are. So I draw a white line now. I use a white line for hourly. So remember what my colors were. A purple is the high and low of the day. That's our range today. Other yellow lines are critical daily levels and an hourly now is white. So I can see where we're building some hourly support. We are trending up, it is making a higher low, higher low, higher low. We're also making higher highs. So this leg is trending bullish, but we still have to respect the fact that we do have supply above us. So one more hourly area is right here, this body. And we can see we had an impulse break, but the volume is below here. So we are consolidating inside this range right now, 34,373 and 34,286. So it's about a hundred point move inside here. And what I like to do now is I like to drop down to the lower timeframe. So let's go to the five minutes and these are the five minute candles. So what we can do is we can trade inside these zones. So right over here at 10 a.m., see how we push down, it rotated right back up, it formed a lower high and we closed below. So this was a confirmation candle and always guys pay attention to your higher timeframe candles. If you're a five minute, one minute scalper, always pay attention to your new 15 minute bar, your new 30 minute bar, your new hourly bar because they bring in increased volatility into the market and can change the way how the market is moving because it's bringing in that higher timeframe volume. So here we have the close. This is a retest candle. When we close below a zone, what we look for is we assume this candle is gonna be green to come back to retest the breakout. This candle had a short retest and pushed below. This in fact is where I like to sell the market and then I place my stop loss about 50% of this red candle. So a retracement, a healthy retracement is about 50% to the golden zone if you use like a Fibonacci tool. So I like to keep my stop above there and as it starts to go down, I take my stop loss and I reduce my risk to break even and then I try to put it with a trailing stop where I go 10, 20, 30 points in profit and then continue to trail it down. But once it starts to come down, if you look to the left of the chart, you see over here, this is when we had a pump in the market, higher highs and then we pulled back and then we broke out of here. So this is a order block right over here, right here. See where most of the volume is concentrated in there. So if we bring this zone all the way across to today, you can see how we trade inside this zone. So what I like to do is I like to consolidate this with a neutral box, anytime it's in here, this is a zone where the market is accumulating and it will redistribute this volume at some point. So it came up, it cooled off and then it continued to close above and then we got that nice move coming up to the next zone up here. So you can see today, if you did your top-down analysis, when the market dropped, it dropped down perfectly right down into the zone. This is where you don't get too greedy. You take your profit, you can scale out because now we're getting a little bit of a reversal in the market. So what I like to do is draw a trend line from here. I like to connect the dots. We have a five minute trend line. I use red now for like five minute levels. So I can see it came up, projected, higher low. It made a new higher high, pulled back down, respected this level. We still are holding this daily yellow line, 34,200 and we continue to push up right here for a new higher high, pull back and continue to move. So but we're coming up to that big supply zone. So if we can get up here this afternoon and close above here, maybe I'm gonna look for a potential buy in the market to come up here and we'll watch book map how it builds to see if we're increasing on bids. If not, if the supply comes into the market and we push down, if we break the trend line right here and we lose this hourly support, we might now start to push down where we could potentially look for maybe a possible sell like below this level. Maybe we were traced back down to here and then back down to our daily low at the end of the day and maybe we get a power hour sell off coming back down. So this is guys, we came up and we pushed right back down. So we are consolidating right through here. As we're consolidating, I don't like to trade a consolidated range. I like to observe what's happening. I like to follow the liquidity. So what we're gonna look for now is a close below this area. So what we're gonna do now guys is we're gonna flip the book map and watch how it's moving. So we are approaching a critical level here. So let's take a look at book map. So you can see book map now. This is YMZ2. This is the ticker that I use. I also look at NASDAQ. I look at E-mini. I look at also, I like to look at gold and crude oil as well. I do trade. So we will be looking at different securities as we do more of these sessions. This was more of just like an introduction. I wanna maybe educate a little bit on price action. And now what we can see is the depth of market over here. Okay, so the DOM. So this is telling us live right now how many offers we have coming into the market, how many bids are coming into the market. And these are time slices right here. So I like to stay on five minute time slices. So over here we have 1300. This was one PM when we started the call. This is 105. So this is all aggregated volume within a candle bar. So when we're looking at candlesticks, we can just see how it moves. But now we're actually seeing the offers and everything in the market. Guys, I'm sorry about this. I need to clear a lot of stuff off my computer for the next session. So Ronnie, if it's possible, like just if you have like a video or something like that that just has is like a couple of gigs or whatever and you can just delete that quickly, that would probably do the trick. It's the hard drive basically that it's asking here. I do have a lot of saved like live sessions I do. And over here, I can start to delete a few, but... If you have an old one, that you're pretty sure you're not gonna use or something, I don't know, anything. But those look like they're probably pretty. I should have done this before the call. I didn't know it was gonna take so much data here. I think it's cause I'm on your Discord. Normally when I do this, I don't have that ever pop up. Yeah, it might be. It might be. So that should be enough. Let's see if that's enough. Yeah, let's see. Go back here. Okay, so just over here, we're still consolidating in this range. And guys, five minute candles is not for everybody. If it's not your flavor, if it's not your cup of tea, you don't need to trade these, but what you need to understand is candlesticks all have the same characteristics. They all have an open, high, low close. So even if I didn't tell you that these were five minute candles, I could have told you that these are hourly candles. They still, this could be a three bar hourly uptrend and in a pullback and then continue to break out. It's all depends on your style of trading, what you like to trade. So you see that area that we're trying to break over here, this area, 34,330. Every time we're coming down here, we're getting a lot of bids supporting here. And this is the consolidation. We're just bouncing right back up, coming down, bouncing up, it's not really moving. So what we're gonna see is that the areas that I have identified where I'm looking for possible trades is like above, if I wanna get now, if I see it start to consolidate here and I wanna get in a little bit, scalp this move. So guys, I use these green boxes just to help identify where I'm looking for some trades. And guys, please, again, use your own risk and account management when you're trading. I'm just here for education and entertainment purposes, but I do trade live and I do educate where I get in and where I place my stop loss and things like that. But you guys need to also trade with your own proper risk management, okay? Because everybody has different risk management. Everybody trades with different account sizes and things like that. Okay, so you see how we're consolidating right through here, okay? And Bookmap is showing us as well. So what I'm looking to do is break this area and on Bookmap, it's right here. See how we're coming down? So we're penetrating. We have a new candle now. This is a new 30-minute candle that just opened, 1.30 p.m. So we're getting that 30-minute volatility. See now how we're breaking? So is this gonna be an impulse break, okay? So it's pushing down. Look at the volume bar. Lots of red volume and we're taking away. See the psychological area right here? 34,300. We're gonna have a reaction here. There's gonna be some bids that come in and take it up. But when we're taking it up, it's pulling back into double-digit offers up here. And we wanna continue with lower highs. If we can exhaust these buyers and push it down, we're gonna continue to further break down. And I also flipped to, and guys, I trade off my mobile. So I'm different from most traders. I've been trading off my phone for 20 years and I don't trade off desktop. So some of you guys asked me why, Ron, why do you do that? I don't know. It's just, I got used to that over years and I trade off, I'm a mobile trader. Some traders are mobile traders, others are desktop traders. But right now, see that area we're trying to break? We penetrated through it and we pushed down, okay? But you see now we're pulling right back up because we're coming into that area, that 300 level, that psychological level, where we broke down, it created a new lower low in the market, but no volume closed below. So we still have to be patient. Now our new candle opened green. We're looking for the push down. I'm still looking for volume to close below here. It hasn't broke that trend line yet. We are coming down, but it's not there yet. We still have to remain patient. Because on book map, that was that low that we just broke and here's our new candle opening and it's opening bullish. So we might come right back up and to test out these offers here. So in this situation guys, it's not ideal for trading. What we gotta do is we gotta observe. We have to be patient, we have to be disciplined. Maybe there's no trade to be taken right now, but we still have to wait it out a little bit because the market is accumulating and eventually it will redistribute this volume. Bruce, is there any questions from anybody? Not yet. As if you guys have any questions, let me know. If you guys have any questions. I'm looking in the Discord channel. I'm not on the YouTube, so. Yeah, in the YouTube there's just nothing yet, just a little bit of chatter. We did put a poll in there, 90% of the people out of 21 votes scalp. So there you go. Wow, that's huge. A lot of our traders in our group too, are scalpers. Oh, Ronnie, if you could empty your trash bin as well, that would probably do the trick. It should. Mm-hmm. Maybe go to the desktop on there, yeah. Where's your trash can? No worries. It's okay. Bruce, I will get this fixed up after the call, okay? I'll take care of all that. Okay, so. Actually, sorry, a few questions just coming in now about how do you trade off your phone? Bookmap is not available on the phone, so it looks like you're just going with your broker? Yeah, I go with my broker. I trade with Fusion Markets, and I trade off of, like I'm on there, on MT4, and I trade off there. If I see a setup I like, I enter the market, and I go in. So I don't trade right off of Bookmap. I use Bookmap as a tool to help me when I'm getting into trade. So right there, the market got faked out right there. It came down, it broke below, but it's coming right back up. So there's no confirmation. I'd like to see the market come back down and test this level. And if we can close below, here's our next candle coming in at 1340, our new five-minute candle. So if we can come back, now we're pushing right back up to this area of resistance. So it's really consolidated right now. So I don't want to trade inside here. Allow the market to continue to accumulate. Eventually it will make a move, but we're building a little bit of bids coming back up to this resistance. So we're gonna test up here. We'll test these offers. And sometimes guys are gonna start to see offers get pulled out of the market, spoofs. You see a lot of moves. We saw it last night when we were trading London. There was a big seller showing a lot of offers, and when the bids came up there, the offer was pulled and it went right through there and we collected the breakout. So book map gives you a lot of clues, but you have to watch too. You gotta really watch what's going on. Reading these numbers, these double digit numbers, you're gonna start to see numbers get pulled out of the market and then maybe bids start to accumulate and then we're gonna start to push out bullish above here. So that's why I like to combine trading view with this too when I'm on trading view. So this is my consolidation zone. This is like my no trade zone. I'm watching what's happening. It's coming up, rejected. Going back down, coming right back up. So in this stage in the market right now, there is accumulation. There's buyers and sellers. At some point, there's gonna be a redistribution of volume and one of these parties is gonna get squeezed out of the market. If we break out here and close above here, we have a potential to come back up here and these sellers could possibly get squeezed out of the market and be forced to hit their stop loss or they'll be holding at a loss and the market could be moving away from them. Also, if we break down and we push down bearish, we break our trend line what I'm looking for and to retest here, then we could potentially push down to here and then we start to squeeze these buyers out of the market and they will be forced to either get stopped out of the market or might be holding at a loss. So right now it's just accumulating. Sometimes the market guys, we have to be patient and disciplined as scalpers you have to learn patience and discipline as a scalper because the market will present you so many opportunities to take trades, a lot of opportunities, but if you're looking to accumulate a little bit of a position, let's say for example, your bias is bullish and you're continuing to ride this uptrend, you could be buying these little demandaries, smaller increments and building a position until we follow this pattern up here. So it is still building right now. And I'm still just watching for volume to close. See the yellow line? That was a daily area. So I'd like to see a volume can close above there to give me more confidence to take a trade. And when we're looking at book map, it's just again, consolidating right here. I could trap this entire with a rectangle box, trap this entire zone and we're moving nowhere. It's just trading sideways. So we have to be patient. And then I also like to look for if there's any patterns. If we see a break to the low and it comes right back up and we're in this consolidated, we have a left shoulder, right shoulder that could represent the head that they came down and grabbed the liquidity. And now we could be breaking out bullish and moving up here. And if we do move up, then we could be coming back to test. If we break out of here, we could be coming back to test, price check this level right over here because this used to be an area of resistance. We broke out and then you see how it came down and it retested this area. Whole number, 34,400 and it held and then we continue to push for that higher high to the whole number, 34,450. And then we pushed all the way back down. We closed below it and it's coming to retest, lower high, push down. It broke a lower low retest. Again, lower high, a new lower low and we're coming right back up. So this is ideally where we're looking to see if these bulls can push it up. We wanna see how it will react at this area of resistance right here. If we continue to push down, then we could get that closed below and maybe we could sell the market down here. But currently the bids are stacking. They're starting to stack in here and we could be coming up right now to touch this area, 34,400. So I also like to look on here what's happening. So we have this bullish engulfing candle and it's gonna close in two and a half minutes. So half the candle is exhausted. This is what's called an ignited bar. See how it opened up bullish and there's no pullback. There's like a very small wick to the low. So it's an ignited candle. So we're pushing up. So we're gonna have a reaction now here. So we're looking for this candle to close above, create a new higher high and close above and we're looking for a retest of that level. And this is how we are moving. See, we created out of here. This is that bullish candle that's coming through here. So these bids are taking out all of these offers in the market but we're gonna have a reaction at this level. Okay, so there could be pressure that pushes us down. If you see some red bubbles up here then we know that we're transacting with the offers and it creates a wick on a candle. If we start to see this pullback that's the wick on the top of this candle. So this candle is gonna close now right here, 145. And we have a new 15 minute bar coming into the market. So we're gonna have new volatility coming in. So what I like to do too with my candlestick analysis is I also like to flip at the 15 minute bar and this is what we got on the 15s. So we continue to break out of here, higher high. When we started the call here, 115, we pushed down but we got this bullish 15 minute candle coming up and let's see if it can close above this yellow line above the daily support. We're coming up right now. So we're looking for that close, okay? Because it could get rejected and come right back down into here, okay? It's gonna close now in 60 seconds. So the last 30 seconds of a candlestick shows a lot of momentum. It shows who has the momentum going into the close and who can open the next bar. So let's get ready. Let's watch this, okay? So we're gonna come back up here. We are still very nice and bullish. Let's see if we can close near the high, okay? So look at the time slice from here. This was our previous high from right here. Let me go to the five minutes here. Okay, so right here, that was our high. So we are above the high right now, okay? So we're looking to retest back here but you see the heat now building up. We're getting, look at all these bids coming in the market, 14, 17, 19, 11. So it's really stacking in this area. So we might get that push to come and retest up here. Okay, but let's see how this candle is gonna close. That was a pretty tricky move there. So see the five minutes? We're getting rejected here at this and now we're pulling back, okay? So let's see now if we can break out of here and continue that higher high. We have the bids, look how they're accumulating the bids down in here, okay? So we're getting some nice heat in here. So I also like to refer to here, see how we opened red. So we closed above. We assume that the next candle is gonna open red and now what we're looking for is the retest. We're looking to see right now, see how we're getting a wick right at that daily area, okay? So now it's turning in. I'm going in a buy right now, okay? I'm gonna enter a buy and now I'm gonna watch it on book map, okay? So I'm in a buy and I'm looking to break through here and stack these bids. I have my stop loss placed in the market and what I'm looking for is this higher high break and we're looking to transact over into this area in the market, okay? Yep, we could break through here, cause that higher high. Here we go. So I'd like to see now if we can come up here and transact maybe up to this area of resistance. So we are breaking, look at our bids starting to accumulate nicely, okay? So all we gotta do is take out a few of these offers and continue to ride up here. Let's just go over here, okay? So I'm in a buy, okay? So we just hit the hourly and there we go, okay? So I'm already up in profit. I took the buy on the break and it's already up 20 pips, okay? First scalper, 20 pips is great. Zero drawdown. That's another thing that a lot of traders fail to realize is zero drawdown. As soon as I took that, I'm right into profit and so now you can decide as a scalper, it's coming to an hourly area, the white line. Now we have a decision. Do we wanna exit the full entire position at 20 pips? Do you wanna scale out 80% and leave 20% running with a break even? Or are you gonna continue to keep the position open? And what I would recommend for like a stop loss is about 50% of this bullish candle for a retracement. And what I like to do is see the wicks of these candles. Those were the previous rejections. Now that area turns into demand. So if you're looking to hold it right there, that would be your new demand zone going forward. And do you see how we're reacting? Why the top-down analysis is important? See how we're reacting at hourly area of resistance. But that was a nice 20-pip move, okay? If you guys watch pips, if you trade. Ronnie, if you could try to empty that trash can because the book map's gonna crash if it runs out of memory here and it's getting there. So maybe, yeah, on the desktop there, like look up, you know, do a search for recycling or I don't know, something, you should see it in here. Or put in, let's see. I mean, my God, why can't we find this here? Bruce, if you don't mind, can I do this like after the call? Okay, I think it's gonna fail here. Yeah, your book map's gonna crash. It's gonna run out of memory. It's cause I'm on the Discord. Okay, let me see, I'll go to my, shit, I'm sorry guys. Can you minimize this and then also minimize this as well? And then maybe it shows your desktop. There you go. So just right-click on your trash bin there. In the top left, yeah, and then empty. Empty everything? Yeah, I mean, hopefully that helps. Yeah, maybe I did it, okay. Okay guys, perfect. Okay, so guys, you see here, okay? So we had that impulse break, okay? This previous level, this level on book map. So it was an impulse broke. So we made a higher high in the market, okay? That's important. The buyers, the bulls had enough momentum to create a new higher high. So that's healthy for an uptrend. We gotta create higher highs. And now it's healthy for markets to pull back. If we're pulling back, we wanna pick up new bids in the market. So we wanna track new buyers, new bids and create a new higher high. And if we can, then we're gonna come back up to transact back up here, 34,000, 410 and take it out. And maybe we're gonna push up to 420 and 430. So we are still building. Look at the bids are increasing. We still have not really broke any critical structure. We have our heat coming into the market. So we know bids are accumulating inside here. It just, this is how markets move, okay? And you can see the selling pressure was on light volume down here, these red bars. They're very light, okay? So this is easily, we can pick up some new buyers coming in here. And 150, here's the open of the new candle, okay? So we have a high. This is where we are. Let's see if the new candle can come right back up and transact right in here. And we continue on our uptrend, okay? And then I also like to flip back and forth. So here we came, we created that higher high. This is the open candle came down higher low. So we're gonna see if we can come back and take out the high of this candle. More importantly, if we can close with volume above this white line, 34,375, that was our hourly resistance. So we're trying to get now five minute volume to close above this area so that we can continue to push up and maybe we can transact up into this area will be like TP2 up there. Okay, so we're consolidating right now, okay? You can see how concentrated the volume is. It's accumulating, but our bids are increasing, okay? So this is good for trending up and we're creating a lot of support below us, okay? This is why Bookmap is showing us this that we do have support below, okay? There's a little bit of resistance right here, but if we can take out this, then we're clear to come up right through here, okay? Okay, again, Bruce, can I answer a few questions in your chat here? So you guys, can you guys hear me? Yeah, yeah, sure, yeah, I can. Yeah, I just want to address something. You have a member in your group, Remis. Stocksniper cannot trade really. He waits for candle clothes rejected, I'm out. Okay, so maybe you don't understand how scalping works, okay? So I am a scalper, okay? So this to me was the entry that I look for. The candle body closed above retested. I take a buy and it moved up for 20 points. That's a scalp, okay? I'm not looking to hold positions for hours, okay? That's a 20-pit move with zero drawdown. If you understand scalping, I think you should really understand what you're talking about, okay? So that's why Bruce, maybe some traders are not ready for scalping, like understand fast scalping here. Even the one-minute candles, okay? So the one-minute candles are still building above here, but we're looking for the one-minutes to close above this hourly, okay? So you gotta, how else do you get into a trade? Yeah, so Remis, this is, yeah, you're borderline here. So, you know, if you don't have anything positive to say. No, no, it's not that, it's not that. I just wanna address what he's saying here, because when we trade with our group, we have like a method, what we do as scalpers, okay? So 20 points with zero drawdown, that's to me, that's a beautiful scalp, okay? And when you learn how to do that, like I'm not looking for 50 points or 100 points, it's not, I'm not developing this into a swing trade. So I trade targets when I trade. So it comes to targets. That's why I do a top-down. That's why I have a white line on my chart. That's next target up here. So that's like a trading plan. I'm looking to fill the imbalance in this zone. I'm looking to scalp this zone. So when I get my ruler, when I take a buy, I'm looking to come up to the next higher timeframe, right there, to the white line. And when it comes up there, I tell you that we do have, now you need to make a decision. You could either close your entire trade, you could take 80% off the top, leave 20% running with a break even, and now it got rejected. So your break even would have got triggered right there, but you still scaled out some profit. Now, we have to watch the move. Now it's coming back down. So that was one scalp. That's what we're doing, scalping the market. So I'm not sure if you understand what that means, but maybe you need a few more sessions here to understand what we do. Yeah, no, I think that's a valid point. Like, you know, that's the way you're trading. And you said so. And you'd basically take your 20 points, stop to break even, try to look for the runner, and you got stopped out on the rest. That would be one scenario at least. And then the comment on waiting for a candle close, so what? I mean, that's the way he trades. Yeah, but that's no, no, no, I like to address this. So if you keep trading impulse candles, look over here, okay? This is why you won't be successful as a scalper. So look at how many times here, see this? Okay, this candle broke above the hourly. If you bought that impulse candle, look at where it closed, and next candle, assume it's red, bearish, you got stopped out. Again, right here, this candle, you buy that impulse, when it comes down here, you got stopped out. Depending how much you're risking on your trade, but this is US 30. So from here down to there, that's 40 pips. I'm probably you're gonna get stopped out down there and depending how much you're risking. So this is why we wait patiently. See this candle right here at 1 p.m. Eastern. See how the body closed above and you got your retest. Now we have confirmation, okay? And now we take a buy, we place our stop loss down there and this candle, even one bar, we're scalping. Again, we're scalping the markets. Here it came and pushed up for 40 points, 45 points. Then you can scale out because if you don't, the market can retrace down. So here, see where I assumed that this demand would be in the market? Now it came down rejected, came down rejected. So if we continue to pick up this liquidity here, then we might push right back. I'm looking to target this zone again. So we're coming down. Let's see if we can transact and pick up some more bids. If we can come right back up, close above here and retest, I'm gonna go into another buy. Yeah, it's a different style of trading. Scalping, I told you from the beginning call, it's not for everybody, okay? I just show you guys how I trade. It's not for everybody. If it's not your cup of tea, no worries. No, no, I don't get affected by it, but take the time to learn a little bit how scalping works. As if you trade one minute candles, you should see how fast one minute candles are. If not, let's sit on 15, 30 minute candles and let's watch liquidity. And then we can also trade that timeframe. Okay, so the market now, we couldn't break above there. We broke, okay? It broke, it created a new high in the market. Okay, we've claimed a new high and now the market naturally rotates back down. As long as we're not breaking any structure of these levels right here, here, here, the market is still currently trending higher lows. So we wanna build now off of this bottom, okay? Are we gonna continue to build, get support at this level? And the level that I identified right here, are we gonna hold this level and continue to come up? So we had a move where it broke out, pull back. So what we're looking is to come back up here. If we come back, then we might get a double top and like an M pattern and then come down there, break the trend line, then we can sell the market. So that's why I scalp, get my money, get out and then I watch for the next move. So if we come down and close below here and retest this, we could break the trend line and come down, okay? But nothing is happening. We're coming down and getting rejected, coming down, rejected. Okay, and this is gonna be a big move here, 2 p.m. Eastern. I don't like to trade into hourly candles. I try not to, I try not to because a lot of volatility is gonna come into the market. So this 1400, see now how we're pushing up, okay? So let's watch leading into 2 p.m. Can we reclaim this area up here? 34,400, that nice psychological level. We are pushing back up and we're gonna get a big volatile open right over here. Okay, so we got rejected. This is now forming a wick on a candle. We pushed up and got rejected. So I'm gonna wait now for 2 p.m. I'm out of that trade. I grabbed 20 points and now I'm gonna wait to see over here the 2 p.m. open right over here, okay? So we'll see what happens. I'm still looking for volume to close above this yellow line. That's a daily critical level. So we're looking to see where the volume can close above here. Okay, so it's coming right back up. So it's coming right back up, okay? Let's watch on 2 p.m. how it opens up the market. So I'd like to see volume coming right back up here because then maybe we could have a nice new higher high breakout above here. If we can get that volume to close above here, reclaim this high. We're coming in. Here's 2 p.m. guys, get ready, okay? There's gonna be some volatility, okay? Remember, they can stop hunt. They can come down here and grab this liquidity and go right back up. So you have to be ready, okay? Okay, so here we go. This is 2 p.m. now, okay? So it's opening bullish. Okay, so we got rejected. Let's see if it pulls down into these bids. That's why also I like to flip flop from book map to trading view. So we opened, see the WIC now, now pushing down, okay? So we'll watch to see if this body can close below this critical area and maybe attempt to break this trend line. If not, we have now triple low here. All three WICs are equal lows. So now it's a break. Now it's a new lower low break. So this is where now structure could possibly break, okay? So we're breaking. Again, I'm gonna wait for this candle to close, okay? I don't wanna just enter the market on an impulse because it could come down and reverse right back up and stop me out of the market. Okay, so see how we're pushing down and now into this area. Psychological numbers, 34,350. There's 14 bids in here. Guys, you gotta also know the time of day when you're trading a market. This is mid-afternoon. Sometimes it trades like this. It's different from Wall Street open, from Cash open. It's different from London market open. Things move differently. There was a big move this morning. So maybe the market was just consolidating. Now it's breaking down. So what I'd like to look for now is the close of this candle. Can it break this area, close below here? And then I look for a possible retest and then to break this trend line, then I go into a sell. And this could be forming a head and shoulder pattern. Here's your left shoulder. That was your head that broke out. Now we're coming back down into the right shoulder and then we could look to break and then have a nice drop down into there. Okay, so this candle is gonna close in almost three minutes. It is very bearish breaking down. So we're gonna watch how it closes. It's attempting the trend line. You can see now we're really rotating down. So we got rejected up here. So this represents a wick on a candle. See how we came down and now we're coming right back up. But it could come back into offers now. So this could be a short pullback and continue to drive down. So what I'm waiting for is this 205 candle to open right over here at this dotted line. So these buyers are getting trapped a little bit in here. Okay, so you see how we came down? Okay, if you follow here, came down to the trend line pushing right back up. So I'm waiting for this bar to close to confirm that it can close. I'd like to see it maybe engulf this big green bar how it's coming down now. And then we're gonna assume the next candle is gonna open green for a retest. And then what we're looking to do is we will flip this green box zone. We'll flip it to a supply and resistance, okay? So we're watching now for the close of this candle. And you see how book map is dropping down to these previous levels. Remember here where we spiked down, okay? So we might come down and touch this low. If we come down, retest, we're gonna possibly maybe come down and break below here. This is where that trend line is, okay? Okay, so we have 55 seconds, okay? Remember what I told you. The last 30 seconds of a candle is very critical. Now we broke the trend line, okay? It's pushing down. Let's see where this bar can close. And yeah, we're coming down. So it's gonna reattempt. Remember that impulse break on book map, this right here, okay? So see what we're testing down in here. It's possibly gonna transact down in here. And we have our new bar opening very soon, okay? Okay, so let's watch how it's gonna close. 10 seconds. So we're right back down to this area of demand, which we had in the past, okay? So let's see if the next candle will open green at this demand area and catch some bids right here, and then pull back, okay? If it green, okay? So that's thumping. Let's see if it gets rejected, okay? Let's see how far up it can come up to. Maybe retest about this body right here, this critical level. So we had a rejection, okay? So we're looking to break now. We assume it's green. Let it pull back, okay? So this is where it's pulling back into here. There is a question from Stan. Have you ever used the candles in Bookmap? Did you ever? Haven't, I haven't. I haven't used them. I just like to follow the depth of market and the bubbles. Okay. Okay, so I'm watching this candle, okay? So it's held at this support level. This is the retest. This is what we're looking for. Is it gonna come about 50% of this candle? And maybe the trend line here, see here, how it was resistance, resistance turned to support. So now it's coming up to this area of resistance, okay? And we're gonna see how it reacts here. So again, for those sellers who sold that big red candle and never exited at this area of support or demand, then we're tracing on them, okay? So, and then for traders that are looking to sell the market, there's nothing to sell. You assume the candle is opening with bids at an area of demand, and this is why you gotta pull back in the market. So we have to wait for this bar to exhaust itself, okay, you gotta be patient, guys. This could be forming also maybe a double bottom where it came down. There's our neckline, and then we're back down here. Maybe a potential double bottom. If we reclaim back up here, then we're gonna have that power hour bullish break above here. If we rotate down here, then we're gonna have that sell-off down here. It's not developed yet, so we gotta continue to wait. See here, equal lows. That was that drop right there that we had. So what we can do is we can draw like a support line right there, and we're coming down, transact, and now we're bouncing. So if we come back up, now we have offers above us, okay? So we're coming into offers. If these offers continue to accumulate, then we're gonna retest this low and possibly break, and then we can potentially get into a sell in the market. But it's not there yet, okay? And if you're familiar with candlesticks, it might turn into an inverted hammer, okay? Where it came up, pushed down, might finish with a little inverted head down here. It's still got bullish volume, so we have to wait to exhaust this bar. And then also for like scout purposes, if there is a position to take a sell, I measure my move, guys. So I know exactly what I'm looking for. So this move down to there, that's a 50-point move. I'm not saying I'll get that whole move, but I look at other critical area right there to that red line. That could be a possible TP. If I take that sell down to there, that's about another 20 points, 20 to 25 points. That could be one TP, and then 50 is your TP two. Anything below there is TP three plus. What brokers am I trading on? I trade with Fusion Markets, and I also have live MFF prop firm accounts too, but I personally trade with Fusion Markets. They're based out of Australia. I've been with them for quite a few years. Okay, so you see how we came up? We tested the trend line and rejected. So we have to allow this candle to close. Another 60 seconds. And on book map, okay, so there's a little bit of accumulation back at this level right over here, okay? We're coming right back down. So I'd like to see selling pressure maybe break for a new lower low to continue this trend going down and then a retest, and then I'm ready to take a trade. But currently, I'm just observing the market right now. Okay, just to reiterate, if you're new on the call, this is scalping guys, okay? So we can be patient, we can be more disciplined. We don't have to trade every single candle bar. You can look for your opportunities. There's going to be opportunities where you might not even be able to take a trade because it's a consolidating and there's not enough range because you've got to also factor in when as a scalper, you've got to factor in commissions, slippage, you've got to factor in spreads, okay? So you have to factor in all of these things together. So see how it's bullish candle coming up. So we can't sell down there, okay? So it's coming back up for possible retest. So I didn't want to turn this into like a live trading session. I wanted to do more education and answer your questions. So I'm trying to look through the Discord chat if you guys have any questions about anything. Because I believe we only have like 20 more minutes. Okay, and for possible buys, again, now what I can do is I allow the volume to come to me. I don't chase anything, okay? So I allow it to come to me. I just adjust my areas where I'm looking for buys. So if it can close above this supply zone, get above the trend line again, retest, I could potentially go into a buy and get that moved to come back and reclaim this high. And with use of book map, I have my area, the yellow line. So I'm waiting for the volume to either come in and transact up here or transact down in here. I have my levels now. So this is all accumulation inside right now. Eventually the volume will redistribute above here or below here. We're not gonna trade all day inside here in this range. This is the Dow Jones guys, okay? So it's eventually gonna either break out bullish or we'll break down bearish. We just have to follow the liquidity. And who's winning the transactions? Who's the aggressor in this situation here? So far the aggressor is the seller where it got rejected here and made that lower low. There was a pullback. The aggressive seller continued to take it down here. And then now we have a pullback. If the aggressive seller can continue to push it down, break for a new low and a retest, then that's where we're gonna sell the market. You're trying to figure out who the aggressor is in the market. That double bottom, okay? How many of you guys trade patterns? So you guys pattern traders, double bottoms, double tops, head and shoulders, things like that. So that's what I mean by a double bottom. But we're trying to break, remember this previous level. We got rejected here once, twice, three times, four times until we close the volume above. So we're getting rejected again. That's why we're waiting for confirmation. That's why with that other trader who was asking me, why do I wait for confirmations? This is exactly why I wait for confirmations. Why would I wanna take impulse trades with no confirmation? So I wanna be confident that the volume can break above the supply zone and retest, and then we can attract more bids in the market. Then I feel confident taking that trade and then I place my stop loss with the strength of the move. Okay, so you see now how we're building back up. So I wanna see how it will transact back above this yellow line. We're pushing right back up, but we're still a lower high, okay? So it could get pushed down and we're looking for that higher low. Right here, 215. This is gonna be a new 15 minute bar coming into the market as well. So we can also refer to our 15 minute bar. So look here. We came down very bearish, but look at now, we have one wick, two wicks, three wicks at this level. Hourly support, 34,287. It's met with a lot of demand. So we're coming right back up. That's why I'm trying to watch for volume to close above this yellow line so that we can have a 15, 30 minute breakout at the end of the day up here. We are accumulating. We are picking up volume down here. We're picking up the bids. But here we come up, double bottom. This candle is gonna close in 60 seconds here. One more minute. So let's follow it to see if we can close above this area of support, double bottom. And maybe we can flip this zone to a demand. We're above the trend line again, and we could potentially push higher, okay? If you wanna go in for a feeler buy, we also teach what feeler trades are. You can go in with a small lot size just to feel out the market, see how it's moving. And then if it gives you the confidence to enter into another position, then you can take the trade. I'm gonna watch how this closes. And here we come up with book map. This is the level I'm watching for. I'd like to see penetrate through here, pull back and break out of here, and I'm gonna go into a buy. The profit loss tool, Oriane, in Trading View, it's the measurement tool. I'll show you when I go over there. I just wanna watch this move. This is a critical time, okay? Cause we're getting a new 15 minute bar opening up in right now, okay? So let's watch this. Okay, so you see how we're coming right back up to transact in this critical area, guys. And this is a new 15 minute bar opening up at 2.15. Nice, strong demand building. Okay, so here, here's the open. We came up very bullish. The gap, the candle down. We assume it's red. Let's see if we can pick up a nice little, right here at the yellow, at the daily. If we can pick up some buyers here, some support, and continue to come right back up. So just remain patient on book map. We can see that we're getting pulled back right at the high right here, okay? So can we pick up these bids now? We're accumulating, okay? You can see here, see the heat? We have lots of bids in the market, but can we pick them up? So the market might need to rotate down to pick up these bids right over here. Okay, so this is what I'm looking at. This red candle coming down to retest to give me confirmation that this daily area of structure is gonna hold. And maybe we get that hourly white line break above here. And then we get that nice neckline break. And this can be the double bottom, right there. There's our neckline, there's our double bottom. We came back up, yep, this looks like a positive candle, ready to continue to break, okay? So, yep, I'm gonna go in a buy, guys, okay? So I'm entering a buy, we're breaking out. And here we go, book map. I'm looking to reclaim this area and continue to push up. I was eyeballing this area for 20, but I'm looking to break through there and pick up all these bids and continue to drive right through here on this new 15 minute momentum, okay? I'm looking to drive right through here. And I can adjust where I'm gonna place my stop loss. Okay, so we have to allow it. Remember this whole number, 34,400. Remember how these psychological areas come into play. This is where the market likes to transact at these whole numbers. And book map shows this clearly to us. Okay, so cut a wick, pullbacks, okay? Pullbacks are okay. As long as you're using the proper risk and account management with your trading, then you have to allow a little room to breathe to maybe come down to pick up some bids, okay? And we're still inside here, okay? So we haven't broke yet out of that hourly resistance. We tried with this candle. So we're gonna now see how it came down to pick up bids and now it's continuing to fill back up. So this is what's happening on book map. See how we rotated down that caused that pullback and now we're looking to break out of here with these bids and then we're gonna get that new higher high break. And this is that big hourly resistance in the market where we're trying to break guys. We could have an hourly bullish move right here, okay? It's nice transactions. There we go from 400 to 405. Beautiful. I'd like to get it up to 420, okay? I like 422, just like you guys. It's a good number. Let's see if we can get it up there, okay? So what we're trying to do is attempt to break this white line. This is hourly resistance. If we can just create a new higher high, get above this wick, we can claim that new high and look to close above this hourly and then maybe we can penetrate up to here 34,409. So when I measure my move guys for, oh shit, I didn't wanna do that. When I measure my move, I get my ruler, okay? Again, I'm in this trade zero draw down guys right into profit, another 20 points, okay? If I'm looking for up to here, this area 30 points is this level right here and the next level is the entire move up to there. You're looking about 50 points. But I again, I'm now with a break even up 20 points. I secured 20 points right there. Another 20 points, that's 40 pips guys in two trades with zero draw down, okay? And now we're above this level. We might now look at now how 34,400 became an area of demand. Look at now we have 14, 15 bids. Remember this used to be offers. We flip the book now, here we go. There we go guys, there it goes, driving, okay? And we have our move, okay? As a scalper again, 20, 25 pips. If you're happy with that, you can scale out. If not, go to a break even and you got a free trade running, okay? Otherwise, you have the ability to scale out 50%, 60%, 70%, 80% leave the rest running. If not, hold this trade. Let's see if volume closes above this hourly and we retest, then we use this for hourly support going forward into 230 and possibly power hour. We're gonna have a bullish move. Reclaim maybe this double top up here. So here's a double top of supply. That's where I'm looking for this move to if it can get all the way up there eventually. But if not, if you're happy with 20, 30 pips, take your money, get out of the markets and look for another scalp, guys. This is scalping, I wanna reiterate that, okay? This is scalping the markets. It's not for everybody, but some traders love this style of trading. I personally love this, okay? I have scalping in my blood since I was born. Bruce, do you wanna add anything? I didn't see any of the YouTube questions or anything like that, but I mean... 80% of the people scalp out of 61 votes, so that's pretty good. A question from Stan, do you use book maps and liquidity info to determine demand support levels? Yes, so I do a little bit of analysis on TradingView, but then you see my levels here, okay? This is like I have my level. So here was that break where we took that original buy. And then we had the retracement all the way back down here. So I see now demand was building on book map in this area, 34,320. We didn't really break any structure, so it made these higher highs. And again, we came back to price check this level. We did break out, okay? So we made that higher high breakout. And now you can see 34,400 is developing into bids. So the market is filling up with demand right now. We're accumulating. So I'm still in the buy. So I'm looking to break above here and continue to start this up trend and take out all of these offers, okay? So book map, with the use of book map, we can see this. If I'm on my price action candlestick chart, all I see is this. I can't see anything behind me, okay? I just see a candle here. But with the candles, I see a higher high, higher low, spin top here's the volume. But book map shows me a little bit more. It shows me the actual transactions happening in the market. And I can use that as confluence to trading right here, okay? So guys, what I was talking about to come up to this red line. So remember, I told you, this is the measurement tool to use where 30 points is right there. So this was in a previous area where body had support turned into resistance. So you see how we revisit it and then we start to transact and we might get rejected there. Unless we break a new higher high and close above here then we might come up for 50 points. But right there, 30 as a scalper, don't get greedy. 30 points is a very good size as a scalper. And I wanna reiterate guys, zero drawdown. I don't know if you guys understand what I mean by zero drawdown. When you take that trade with confirmation and a retest, take that by, there was no drawdown. I have my stop loss down there, but it's easily, it goes right into profit, 20, 30 pips. So we don't even have to worry about sometimes drawdown when we nail these sniper entries. I think a lot of traders fail to realize that. But I still trade with proper risk management too. I still place my stop loss according. I risk 1% per trade, all of my trades. I trade with proper risk management. I don't over leverage guys. That's another thing, over leveraging. Please guys, if you over leverage your accounts, the markets are gonna take your money. You cannot beat a market maker. It's their playground, they made the game. You and I have to be very, very smart and calculated when we trade. We are retail traders, we're trading their liquidity. So we have to be very smart. So guys, see what I said? I love that area for 20. That was my area. I love for 20 and I took out my 30 points and I don't get greedy. Now the market is pulling back. So there is some traders who are looking for bigger moves. They're looking for to gain 50, 70, 100 pips. I'm not looking that. I'm a zone to zone trader. I scalp zones, okay? That's why I do this type of analysis. I know it starts to get messy and it starts to look like a grid, but this is the style of trading I've learned how to trade. And it keeps me understanding where my goals are. Like when it comes up there, I start to scale out. And I don't trade guys with what should I coulda, I should have done this, I coulda done that. I would have done that. I trade with a plan. Every single trade, when I get into a trade, I understand where my stop loss is and I understand where my TP1, TP2s are. And when it goes there, I scale out, okay? And then if it continued to run green up here, I don't care. It wasn't part of my plan. My part of my plan is getting into a trade 20, 30 points, securing pips and hitting a couple of those trades a day and hitting your daily goal and doing this consistently and becoming a profitable trader for years. So it's not for everybody. I wanna reiterate that, but for scalpers, it's a good way to trade zone to zone, okay? And now we have the neckline break, okay? So this was the double bottom right here, back up. Down, okay? So right here, that's that neckline we just broke. So we'll see how we're retesting it. So again, we're trying to look for volume to close above this white line. That's our hourly resistance, turn to support. And book map is the yellow line, okay? So over here, I'm looking to keep volume above here. We've just broke right there, but it was met with bid. So we're about to break maybe here and create a new higher high. If we break above 420, we're gonna take out all these offers. Watch these offers get pulled out of the market. Yeah, right here guys, watch. If you're still holding your trade, watch here, all these offers are gonna get pulled out. And the bids are accumulating. Look at how we're stacking nicely guys down here. Beautiful, okay? If we can reclaim a new higher high, we're gonna take out all these offers and we're gonna drive right through here. C.M. Glenn Trader, did I try any other styles that you maybe weren't successful at before turning? I used to be a swing trader, but the thing is, I'm glad you asked this question. I would go up 100 points, 200 points and I didn't know when to take out profit because I was swinging for multiple days. And then I found that I would hold 100, 200 pips, not secure any profit. Then there was news the next day or some overnight news and then the market would retrace and then I would lose a lot of profit and then I was not cashing out anything. So I started to realize that I liked swing trading but it personally wasn't for me. I enjoyed scalping because you can get in, get out, get your money and move on. So that's why I prefer scalping but I used multiple strategies. I just find scalping works for me. So guys, see how we're reclaiming? Look at the offers getting pulled now, here we go. So this is what we call a rip in the market. This is where we took out all these offers, the bids are accumulating and we're breaking. So here we had support, yeah guys, here we go, 50 points. So if you held that entire trade right there, now hit 50 pips guys, 50 pips. With a standard lot size, that's $500 US right there. And now we gotta respect this area because when we came up here, we broke out. Our previous high was right here and it got rejected and then we started this bearish momentum but we build a double bottom. So you see guys why I didn't wanna sell down there. I was looking for a sell but no volume confirmed below. So there was a gentleman in the chat who was asking me, why do I wait for confirmation candles? This is exactly why I wait for confirmation candles because if you sold that candle, you're in trouble. You lost money. So that's why you have to be very patient, very disciplined as a trader. You have to respect these markets and you can't just jump in on every single impulse candle. You need to learn discipline guys. So see how it came up and got rejected. That came to target, that's it, 50 points. You can start to scale out. Now we're getting rejected because this is an area of supply and here it is on book map. Now we took out few offers and new offers come in. Now 34,450. See this yellow line? That was previous when we were up here previous. Like this was when I was trading this morning. So you can see how it's a static zone. And now we're coming right back up there. Again, we're pulling back, met with bids. If we can hold this yellow line, we're gonna continue to push up guys. And if you're gonna continue to trade after 233 p.m., it's power hour. That's what's the last hour in the stock market. Dow Jones, NASDAQ usually make some moves the last hour. That's when a lot of day traders, intraday traders are closing positions. Overnight swing position traders are looking to take positions. Sometimes we have earnings and the after hours at 4 p.m., sometimes you're gonna get like Apple have earnings or Netflix and things like that and will affect the markets. I don't do any overnight holds. I just do scalping throughout the day. I close all trades. I don't leave anything overnight. And so guys, yeah, the Bruce, I know it's 230. Guys, I hope you guys enjoyed this session. I hope Bruce, we can do more of these. I will get my desktop situated and fixed up a little bit more. I'll clean out all the junk. Oh, Orien, did I mention the profit loss tool? Right over here. See the measurements? Okay, right here. Sorry, let me just find it right over here. I have it saved in my toolbox right here. But this is the ruler right here if you wanna measure the moves like this. Is this the tool you're talking about? Or are you talking about the one with the green box and the stop loss? Or this yellow line? Yeah, that was asked a while ago. I don't know if. Oh, I'm just, she's mentioning it right now. Oh, the red one or the red and profit loss one. Yeah, so I'm over here, okay? See here, long position, short position. Here's long position. So if I'm gonna take another buy above there, maybe up to there and this is my stop loss, maybe like for example, my stop loss is there. And then it also tells you your risk or reward, your R and R. So if I was to take this trade, that's how much I'm risking. That's my reward. I'm getting one to two on my money. That's a decent R and R. You risk $1 to make $2. Your risk $10 to make $20. You risk $100 to make $200. So it's over here, Oryan, right over here. You have your long position and your short position, okay? Awesome. And guys, we have to respect our zones. See how we came up, okay? If you get greedy and you don't take out any profit, the market can retrace on you. So book map also came through, okay? We cleared that area, but when you clear an area, you're coming into new offers in the market, okay? This is an online auction. The Forex markets and stock markets are an auction. Anytime we break levels, there's gonna be more offers in the market, okay? It could be maybe a possible big seller accumulating this volume, and then eventually, maybe Power Hour, they will redistribute all this volume bearish back down in here. So see this level, 34,400. If we lose this level, then right here, we break below here this structure, and then it retest and we drop, then we're gonna possibly rotate all the way back down and come back down to this level, okay? So you see how we can create levels as well with book map. And guys, book map is an excellent tool, okay? It's a tool. So just like if you were a carpenter, you have your tool belt, you got your hammer, you got your wrench, you got your screwdriver, you got your tools. This is a tool to help with confluence with your trading. This gives you an added edge and advantage as a retail trader. This never used to exist to this ability of the technology back in the day 10, 20, 30 years ago. So we have this at the fingertips and can help us execute trades. It's a good investment, guys. If you're looking to take trading to the next level, Bruce has 50% off for a couple more days. It's a great investment. Guys, the way how I look at it, it's an investment in yourself. It's an investment in your future as a trader. Have a decent platform. If you can cut coffee, like if you go every day to Starbucks and you buy $5 coffee every single day, maybe make a coffee at home every day. That extra five bucks every day, you can afford book map and this thing can possibly help you become a more profitable trader and you can drink coffee at home as opposed to buying that fancy Starbucks shit. So that's the way I look at it, guys. Cut some costs and then you can have the ability to use this. Guys, this really does help. Anything, trading crypto. If we're scalping options for Apple, Amazon, Netflix, Tesla, I have here NASDAQ. I trade a lot, E-Many, Dow Jones. This is gold. I also have crude oil. So things like that, everything we're trading, okay? Bruce, I'll let you close it off because I know you're done at 2.30. I don't want to hold you up. Oh, okay. Well, no, thank you very much, Ronnie. Guys, let me put the stock of Sniper Trading website into the chat here. So if you want to reach out to Ronnie, then there you go. So... Awesome, guys. This is our website, Bruce. If you don't mind, I'll show. This is our website, guys. This is our Sniper Education. This is what we have, like a lot of content. Right now, we just released our Bootcamp. Monday, Wednesday, Fridays, we released all of these videos. Psychology of Trading, Type of Traders, Smart Money Concepts, Technical Indicators. We break it all down. We really trade psychologically emotions of trading, how to deal with losses, wins, fundamentals, everything like that. We also do weekly webinars every Wednesday. We have over 70. We have courses here, too, Intro to Forex, Forex Fundamentals, Candlestick Characteristics, Support and Resistance Chart Patterns, everything in here. Then we go into Sniper Webinars. Everything that you can imagine, I guarantee you we talk about it in here. These are two-hour webinars, everything full, top-down analysis. Then we also have, we do Bookmap webinars, too. So we have a Bookmap folder right over here where we analyze Bookmap. We have tutorials on Bookmap. We utilize Bookmap in all of our live sessions that we do in London, New York sessions. We do trading workshops. We have all our London live. There's Dave, New York, SST trade. We do signals and everything like that, but we utilize Bookmap with all of our live trading. Yeah, so thank you, Bruce, for that. I appreciate it. Oh, sure, sure, no, thank you, Ronnie. And yeah, I also put the, he mentioned the Bookmap Black Friday sale. It's good till tomorrow, guys. So if you want half off, give Bookmap a try. This is your chance to get a good deal and give it a shot. That was the goal of the Black Friday event. It really does help, guys. It really does help with confluence, with confirmations, just giving you the confidence to enter a trade. It's nice when you have a backup. We can use just candlestick analysis, but it's not enough. I feel more confident when I'm trading candlesticks, but I have Bookmap and I can see exactly what's happening. You can start to see bids developing at levels. Then you can start to see also some manipulation in the market that we can't see on TradingView. We start to see, you're gonna start to see offers get pulled. And like last night, we saw offers get pulled and then right away they started to accumulate as bids. So we stayed into the trade and eventually the market started to break out and then we got that bullish move where the market continued to break out. So it is very useful, guys. I do really like this platform. It's very user-friendly. It just takes a little while to get used to it. I know there's a lot of moving parts, but it's with practice and experience, you can learn how everything moves. Just an online auction, guys. There's supply, there's demand and there's bids and there's offers. And we're just trying to find who is the aggressive participant in the market. In this situation, it was the buyer continuing higher highs, higher lows, higher highs. Now we're in consolidation. I would predict that there's gonna be a move in the next half hour at power hour. So maybe all of this is gonna get redistributed, all of the supply coming back down if the market sells off this afternoon. If it continues to move higher highs, then we're looking to break right through here. And here's my next area that I'm targeting, this yellow line. Cause this was from the past, right over here. You see over here, at 1 p.m. when we started the call. So you see how 1 p.m. we started, right up there. The market rotated down. This is where we took the buy for that 20 points. Then the market, we took our profit. The market rotated back down. We never broke this level. See all the transactions that came down here, but never anything broke below here. So held structure, we accumulated all the bids and now we broke, we broke this level. Again, that's where we got into the buy. There was a pullback continuing higher high. So now we are in a stage of consolidation in between here. See the double bottom also on book map how clearly it shows you it. And there's the break and retest and continue to move. So we could potentially continue to move up bullish and we're gonna attack this area and reclaim this high from 1 p.m. when we started the call. And this is the supply area over here on TradingView. So thank you guys. I appreciate it, Bruce. Thank you for the opportunity. I enjoyed this. Yep, yep, thanks, Ronnie. And let's wrap it up and we'll do another one with you guys in the near future. And yeah, continue on. So good trading everybody. Thanks again, Ronnie. And we'll catch you guys next time. Awesome, thank you guys. My pleasure. Thanks for joining. Bruce and Josh at book map and utilize their discount, okay? It's a great promo, guys. So thank you guys so much for the opportunity. I appreciate you guys. Thank you. Have a good day, everyone. Bye bye.