 Good morning traders and welcome to the live trading webinar today with Jay trader, Joseph We're looking at stocks and welcome to the live trading and Jay trader he'll be taking some live positions in here looking for opportunities and This is all a part of the education that we offer We have the educational course We have the live analysis webinars That are daily and then we have this live trading with Jay trader for stocks And then scoppelsini for futures, which is tomorrow So a very complete education that you're getting we have discord Channel where we have Many other streamers in there as well Come check it out. There's a lot going on over there The this is just kind of the tip of the iceberg here. Anyway, welcome. Let's get started here You guys know who Jay trader is he'll be on in just a little bit So that gives us a little bit of time to go through some live analysis Which is good. It goes over that we go over the the general market and then we'll take a look at Stocks with Jay trader. I'll put his links into the chat He does offer mentorship so that you guys can reach out to him if you like his style of trading 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 By trading executed in simulation cannot accurately represent realistic trading performance The risk disclosure trading futures equities and digital currencies involves substantial risk of loss and is not suitable for all investors and 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. That said, let's jump in us take a look here S&P 500 guys right off the bat. I want to show you something in here We should we covered it in yesterday's webinar and let me show you where that is so that You get a feel for our education if you didn't see it yesterday So on our YouTube page here if you scroll down a little bit Well, we had our pro trader webinar series last week. The recordings are here Excellent presentations by the way and then this is the live streaming right now. Okay This one here, but these are the recordings We had Tom be yesterday and then this one here is the one I want to go over the market structure Market structure and using book maps trader map pro This is a new feature in book map and this is why I want to go over it. It is very powerful We're gonna look at high liquidity in here We're gonna be able to filter the instrument here in the heat map So this is showing you right now the S&P e-mini and it's showing you all of the liquidity Okay from one lot on up to all sorts of sizes in the order order size this one here is The One of the filtered products here or one of the filtered instruments. It's the S&P e-mini However, we have filtered now the order book to only show High liquidity 100 an order in the order book that has 100 lots or more Okay, this we saw targets yesterday hit. It was just it was beautiful The more I play around with this the more I like it this trader map pro and You can see where there's high liquidity here in some of these areas these 100 lots or more Getting filled in some of these areas. So if we just zoom out a little bit, okay look where This is the around 715 720 a.m. And we trade into and through this high liquidity here Okay, this was a pivotal area here for today Okay, so here we trade through it and this is just a technical line I just put in and now we trade back up above it. Where did we go? Okay, there's high liquidity here These 100 lots, but they pulled it Okay, where did it go? It went up to here 3955 you knew that well in advance So this this is a really insightful product We can see just massive areas of liquidity if they got filled here And yeah, it traded through it Once it came back up above it and we we talk about these in our education all the time if it gets back up above This is gonna be a massive stop run in here And we can verify that back here Right here. Here's your massive stop run right here. So So we know that's a stop run here and we come back up above it and we find buying pressure and they're pulling liquidity in here We're looking for it to go it to high liquidity on the offer. It's exactly where it went Okay, so what do we what kind of insights do we have now? Well, they're pulling again in these little areas here They're up here. They're up at 66 and 74 okay, so if we find enough buyers these are the longer term targets here Because this is where the sellers are Right. It's as simple as that Where are they on the bid? Let's just take a look. Well, they're down here at 3,900 the figure Okay, typically there's high liquidity around those figures big figures in half figures, but not always Right in this case, they're down here and where are they at the 3950 here? Well, they're not here at 3950 They're up here at 66 and 74 so if In the order flow we'll look at this here It's looking pretty good already for at least coming back up to testing the highs here, but the liquidity is higher All right, so let's let's see keep these in mind here as we go through the the day All right, so you can mark up these levels in here or get this trader map pro now to get this product We just released it some some weeks. It's like one or maybe two weeks ago Let me show you where you can get it. All right, so it's part of global plus right now only right now though so go to book map calm and then You can Scroll down you go to pricing here. This is the global plus version here. That's monthly it's 99 a month and You can get it yearly you can get it Lifetime as well So it's included if with the global plus right now However, it is also included and it will be in the in the future not in global plus It will be an add-on from the book map marketplace. So let me explain. This is MBO Data here that we're able to filter this heat map because of the MBO data market by order data from the CME With this data, we're also able to see stops and icebergs Okay, back here on this chart. That's what we showed the stops here We can also see the iceberg purchasing in here and the blue line the red line or stops so anyway the point is This indicator here of the trader map pro will be included in the MBO bundle All right, so this is where you'll get it in the future all from our book map marketplace marketplace dot Dot book map comm MBO bundle plus trader map pro Okay, so before we just had MBO bundle. These were the indicators that you got here these three indicators We it's the same price as it was before 134 we just added more value to it. We added the trader map pro here Okay, so if that's what you like and you want to play around with this I would recommend Getting the add-on and playing around with it. There is just it's just incredible to see this activity in here All right, so look at this this player up here. It's it's amazing that they they're up here at this 66 level They they add down here very very quickly and pull it back up add down here very quickly and pull it back up Okay, this is their behavior in here. So it looks like I you know, they're getting filled in here a little bit So what you know, they're starting to establish a position All right, and you can see that behavior here with this trader map pro it's pretty stark actually kind of like a modern art piece or something a Little esoteric to kind of understand it's just liquidity and they're they're pulling it and adding it higher Okay, the red line in here is the best offer That's all it is. You know, it's the best offer for 100 lots or greater all right, so Let's move on and if there's any questions that you guys have on this and YouTube, but no it doesn't look like there's any Let me know guys, but we saw some really good stuff the last couple of days Monday and Tuesday using this product All right this add-on And it got a lot of insight. I mean like if we get sellers that coming in this is where we're going Down here 3,900. All right, so let's take a look at the current market activity here and Take a look here's our 3,900 down here. Here's our 66 and and then our 74 area up here All right, so that's see it see the filter the filter is showing us very starkly that that 100 lot or Plus 100 is up in these areas here Okay, so nice insights here. All right So what's happening at the moment not much not much is right smack dab in the middle of all this price action Here's our profile and Just kind of going back and forth Okay, a bit of buying starting to come in but some heavy selling in here Move price lower. Maybe we can get a retest back to about this 45 area here. Let's see if they can pick it up They come Little bit more. Come on. Let's get up here to about maybe 44 Yeah, just above that little swing here Okay, one more a little push here guys. Let's see it. Let's see it from the bowls There they go. There's our 45. All right high liquidity here on the on the bid now kind of Giving a little bit of a push as well and top of the range Okay So let's see if we get a pullback now to this 40 level here Not looking for much here guys. I mean, we're just you know, there's not a whole lot going on We just we're just looking for a top of the range test and now look to see if we can get maybe a pullback to This liquidity here after this move up That's all Let's see, how can we find out where levels have been massive buyers and sellers Farzad. So yeah, the trader map pro is is showing that Filtering is that what you're asking about? And and where do you want to see where if they transacted or not is very simple Do you see a big transaction dot around that area like right here? Okay, there's no question. They transacted. All right, you can zoom in you can see the details as well Here's the transaction right into this 90 or I'm 39 25 level and then it traded through Okay, same thing on just the heat map in general. Let's just zoom in here and I'll show you All right, so here's liquidity down here at 40 right look. This is this is where they are with a hundred and Five contracts. Did they transact they just transacted? Okay. That was a little pullback. We were just looking for Good morning, Bruce. Good. Good morning, Joseph. Actually it pulled back through it already Anyway, this is what the transaction looks like. So this is liquidity that did transact see the high liquidity here and see the The dot here. We also have an absorption indicator That can Verify this as well. Okay, but here you've got it just visually right in front of you All right, and let me see if just a moment Joseph. Let me see if there's any pending questions here in Discord and then we'll turn it right over to you Okay, Bernard. Hello traders. Okay. No, we're all set and Hold on a minute Joseph and let you take it away All right, go for it. All right. So welcome everybody great morning in a small kept land and Big caps So we traded this morning Tesla, which was the main one We're gonna review the price action soon But now Tesla is giving a fake breakdown. So I want to be On that We had the fake breakdown of the pre-market support so we're gonna Check this one second. We had this Pre-market support over here at 173 and 80 We had this breakdown right away reclaim and now pushing over here To the J lines and then eventually the bebop but I did this morning and We shared then the chart in This courtroom book map as usual We showed over here to this top Actually shorted into the say One seventy seven twenty so I shorted This one seventy seven twenty this point and then all the way down to the J lines over here So took this profit Then over here. I had to reverse you can see this is my setup bouncing from the J lines There was a huge accumulation also on book map and that was simply perfect and then went all the way up So I missed this second trade over here So over here now, we had a fake breakdown. You can see over here the fake break of the pre-market support at 173 and 85 and then right away reclaim so right now If you look at this We have a range And It's making a wedge pattern. So when I see a wedge pattern, I know it's gonna Contract over here the volume you can see the volume over here is getting lower lower lower So at this point, I'm looking for or 175 and 20 fake out short Or ideally I'm gonna look for another Fake breakdown over here 173 and 80 and then bounce back up or below again 173 and 80 Shorting pops. Okay, so I'm looking for these two kind of setups And so we're gonna check over here the price action on on Tesla gonna make this bigger That's the stock that we treat this morning wire mat SMMT so I'm gonna review that after we're actually looking for another trade But I mean Tesla over here is really In volatile this morning, so I think that will be perfect. All right, so That's the fake out you can see popped over here fake out all the way down I'm keeping up here SMMT, so there's a high use liquidity in the 230 This stock is a necessary as a day to 165,000 we're here at 229 I believe they're gonna go for a fake breakout and Then short the levels. I'm looking to trade over here our 235 and 250 on SMT short as we have a Highly manipulator stock on SSR plus high volume Therefore I'm looking for fake out of the move And right now we're having a type one manipulation play So basically when we have a bear trap at the gate below Below VWAP and then right away reclaim. I can put down here SMMT and we can see the levels that I'm watching so what I did was taking my fibs from this point All the way down till here we can drag it. Okay at this point over here. Okay So you can see traders over here. What I'm looking for is This 235 to 236 we had yesterday a spike over here rejection We had over here a rejection looking over here for this rejection 236. So that's gonna be my level or the 250 zone 250 60 zone over here because we have some liquidity and I'm gonna use over here book map to to see the timing We're here. We have Tesla. So still in the wedge. I believe we can bring this down. Yeah, very good morning Amazon over here peak short from one of my mentoring students made over here peak short And we just stop and then short Another mentoring student over here Tesla short Another mentoring student over here trading SMMT backside over here Trader in the room venture buying over here the dealings for the push over here trying to buy the Fade break down the right away the push up. We have a Very volatile market with small caps and big caps looks like you have to wait for your opportunity And now what I'm doing is stalking over here. Just as of today and for now SMMT. We also have our med and We also had M80 but I'm watching right now only goes Tesla. We have a main support 173 and 80 previous low Premarket low and it's following pretty good. Yes over here. So yes, it's just in the dip to the dealings in VWAP So yes, it's been my guide this morning That's a huge wall of liquidity there on SMM SMMT exactly exactly the main a plus that this was Tesla this morning and Just look over here that liquidity we had Bruce at this point here So zoom in Okay, just to this level of here. You can see the liquidity moving up. So we have buyers over here settle in 175 Then they move up over here 175 and 20 We're talking about I don't know if you can see my arrow over here this point 934 Yeah, this is my one of my Twitter that I'm coaching but you can see over here Beautiful long and just you know this strong push over here for almost four points, so Very good move over here The same pattern but on the opposite side Game Just later When you see over here this fail in this rejection We're here at around 947 You can see the fail and rejection now. It's just like into the sideways action So you can see the range, right? What happened in the range I prefer to wait and looking to trade extremes Yeah, you guys nailed it Yeah, third green day for this week. What I'm looking is a plus setup So if you're gonna have SMMT, we're gonna trade actually together And if we have one of those again set up on Tesla, we've been having like one two three already this morning In the last 15 minutes, we have this this and this So that is where I'm actually waiting now Tesla to reshort But I want to see a fake out or I'm waiting for a fake break on this level and then re-long it Or I'm waiting again for a fake break up for a breakdown of this Support and then sure so we have over here three patterns First one is just like a continuation, which is this The second one will be over here a fake breakdown. So reverse over here ideally on a on a sweep and then right away reclaim of here book map and The third one over here will be having a trail and break and rejection So continuation for the move like number one That is what I'm looking over here at Tesla. So three setups and I'm always trying to explain members How to trade it so just following over here. I'm sorry Bruce Just following over here a precise training strategy. So we're gonna look also into the SMM team closer so the one minute short But what we're having over here Is a high manipulator stock yesterday I did Think four hours comment are in this We were shorting the 145 150 then we stopped to trade around 160 It turned into a big long scenario. So this what we're treating today as a day, too As I said, I'm waiting for this level to 36 For this level over here between 250 and 260 Major faker, but there's something to be aware of this It's an SSR But high volume. So, you know, Bruce that we made some lessons in the past talking about this I mean SSR is not something that oh, wow, you have to watch out not to trade it I mean it's a star with low volume. We see like selling pressure That's a beautiful. We say scenario to start getting engaged, you know, if you want to see that feel the point over here is that we have an An SSR with high volume And therefore You have to wait, you know, that volume is exhausted in order to short or you simply follow the trend and you buy dips But in the meantime, we had a bounce of a here and yes, I'm not play able to set up long So do you do you find yourself trading the I mean, I mean if you're you're looking to go for your bearish on it I mean, but you do you find yourself a lot of times like kind of counter trend trading it Well, uh, in this case, we can say is starting the backside of the move And uh, so looking for sure for me is more like backside why I'm saying that Well, we have our Trendline break. So that is a good reason why The silver line that we we dipped into over here is a 200 exponential moving average on a five minutes hard So that's a very good guy guy. Sorry and I'm just looking for Right now to trade short if I have the right time. I'm not grabbing long We had a long set up 220, but I didn't grab it. So I'm just waiting for the short over here Tesla traders is breaking down again that Pre-market low and right away reclaiming over here at the level It'll be impatient. I'm respecting my levels over here Uh, they'd enter over here on the long on the fake breakdown. No, not yet Just talking over here at the price action. I'm also watching Amazon over here And It's forming another wedge play You just need to brew to wait Bruce for now The place Yeah, that smmt is just a crawling stock at the moment. Yep, exactly So what I'm looking is This Okay, so Let's look traders if we can have that rejection. We had the first one over here at 174 at 1025 Which was exactly this point over here on tesla right so And now I'm waiting for If we can get the rejection of this one and short a second time I want to see a huge offer over here and And then taking the trade And I'm not really looking to trade SMMT until that 235 Major fake out short. So a lot of patience for me A lot of patience here Tibor is asking about If we break that smmt level of liquidity there You would how would you view that as bullish or bearish? Sorry, Bruce. Can can you repeat that question, please? Yeah, and the smmt wall of liquidity there If it breaks it, how would you view that? Is the question I want to actually I want to actually Short over here. I would actually wait that we have that 235 area In a SSR when I see a stock like this I'm not really looking for a trade Out of my rules And I'm waiting for that More fake out too short So over here simply I'm waiting my 235 area or I simply won't touch it but being very very Precise on this Just waiting Well, those are my levels over here on smmt Especially I'm looking at that 78 percent here We had over here this morning Theo you can see we went This 190 which was also the pre market low at this 190 on On book map over here. We started to see some liquidity down here 192 190 A double bottom But more is the fact that the volume was high over here was The volume was pretty high We're talking about the stock that yesterday trapped a lot of shorts And every single time I was here was going below VWAP. We have like a liquid absorb and I was saying to my members Don't short here. Don't short weakness. I have a position personally from here 230 to 27 230. This is where a short pre market So I'm risking now that 235 but already take partial over here 196 So what I'm looking over here to re add this 235 I have my fake out otherwise use this money that I made over here pre market to cover a possible loss Yeah, the SSR really is makes it a lot trickier Exactly unless you're bullish Exactly This is an MMAT. I go trade over here from uh franckish so short in this uh Fibir here and resistance well done well played So these are the tools that I'm watching right now I think we're gonna stay on this So joseph, um, do you I mean, when do when are you taking the majority of your trades of what what time? New york time Uh Between 9 30 and uh 10 30 Uh, because there's the highest liquidity highest volatility in the market This doesn't mean during the day I don't have setups like yesterday. We had all day long setups But that's generally where uh, the majority of my trading comes Okay, even because personally after I'm busy, uh mentoring traders The setups that I teach are also for midday or afternoon, but you know, I'm mentoring traders One two a day or three a day and I'm then having Trading session with them, you know, it's hard for me to know to focus to trade Uh, if then I'm interrupted so many times I have to explain everything So I limit myself to trade one hour a day I reach my goal that's set By 10 30 generally 11 maximum By average, I'm done And then, you know, I can follow traders one on one Yeah, I see. What about swing trading and options trading like longer term? Uh No, right now bruce. I don't think it's a very good market for swing trading When it's time to to swing when we have like, you know, some some good bullish market Then yeah, I will take some swing, but that's more for Uh, my friend smash the bid is is a beast in swing trading trading options. I prefer, you know more like Day trading, uh, these products So what I'm looking over here is just like tesla started to unwind Over here we have the Previous day low at 175 it's unwinding below. This is a big bearish pattern bruce I think we can go down a lot today. If yes, we'll continue And why I'm telling you this because every single time that uh tesla If yes, of course, we'll continue to unwind tesla has a breakdown below the previous day low and we have this pattern attend to unwind for many many points So there's a high chance. Okay tesla high chance Will unwind Even all day Okay until stays below 174 I big tested this with uh Uh with softer. Okay. So big tested this with all the data That's the reason why I'm explaining that Yep, makes sense So here again tesla trying to hear a dip the previous low 172 and 70 and bouncing I will do like this right now. So I will put this bigger so we can All right, this is how I like to use it like this so downtrend this morning Soaking pretty good every single high liquidated area one two possibly the third one But it's still unwinded You can see over here as 70 just simply holding the jail in this morning so one two The fact that we have these spikes and Unwinds over here means we have a big seller. Of course, we saw that high liquidity at 230 There's no point over here for me to trading to trade sorry Alcinom T 235 or 250 It's last to 60. That's it So I want to check over here hourly chart I'm going to make our analysis So let's put our fifths on this point to this low Yeah, we have right up right at this point right at this point bruised Um A 22% fib So that could be the last support But if we break it and hold below that 174 Target could be harsh over here 168. So let's see over here This is a pretty good done wine for now this morning straight into this pivot area and poc of the last days high point of control 180 179 50 Which was this point up here and then started to fail. Yeah, that 172 looks really good Yeah, I'm watching over here. Yes, it's a guide. It's a little bit sideways There's a possibility over here Of Tesla stuffing again and unwinding. So we'll see But now it's trying to curl look at this point Bruce over here I grabbed a scalp long exactly this point with this target we're sharing the Discord room of book map The reason why I say that I'm starting to see over here a curl pattern high liquidity I'm going to share this into the Book map discord room But right now what I'm looking for is this 174 175 And it's only a scalp the trend idea is still looking for a major short day Yeah, I really wish that uh the stock exchanges would Offer market by order data or order by order data so we could see stop runs. I mean it It'd be fantastic at You know, you're looking for a squeeze a little squeeze here just to the top of the range basically Like you said this this is just a scalp Exactly So i'm waiting for this 174 and 30 ideally to take the majority of the profit The reason why we have uh some liquidity I have this now my risk is in the money So the worst I will be Out with a profit He'll find the liquidity here. You can see Bruce how they're trying to buy over here. They're really buying the ask Strong price section next target will be 174 and 20 Which is almost there Yep Now there's a major liquidity area over here But he has to still think so if we break this level we can get 175 How's the trend the trend is still down We are fighting with that pre-market low bruce Yeah, beautiful catch there joseph The point over here bruce look how mounts they soaked. Yeah now they're rejecting so that If we weren't long that was our short pattern exactly on this field over here 174 and 20 Yep You see how they soaked and right away they gave the lower high over here with the wash So easy reload over here And now they're putting more liquidity above Let's see if they can reject this liquidity or they're going to push more up still pushing 174 and 30 good liquidity over here bruce Some very good buying pressure There's no point over here of selling everything. We're going to trail 174 So we're going to trail this 174 because the whole dollar area We have over here the highest liquidity in this range of one buck More liquidity at 174 and 60. So next target Is 175 so what we're doing right now is just like raising over here the trailing So we went from the long here this area This was the risk right away when we were this is part of the risk management One are in Moving to stop the money Selling over here is the first target Having limits over here orders out for the second target The point over here is that we are riding With the 90 may all the way up. This is a bounce play. My point today is still We're still on a on a bearish side. Okay still on the bearish side over here One of the members gave me a good tip. I said j This is also fib area is true Looking at the hourly chart is the main fib area. So you can see why The zone over here Held And uh, it's a good level you can see the levels Bruce today were poc So thanks for merit poc pivot point over here stuff And this fib area It's you know, every day is doing the same thing. Yes, they made a bounce from a pivot Uh, day before was a very good rejection of poc and Every single time what I do I look confirmation with book map Okay, so it's like Um adding conviction to my trading so that I can put the size, you know You cannot trade if you don't have conviction correct Bruce Yeah, exactly. I mean I mean, that's my point. I could never, you know, like, oh, I try or I pray. No I have to be sure this will work And now we took I shared that my trading the the score room of book map stocks Uh, we're still partial in but you know the simple trade that started with a scalp At 173 and 37. I think we got Is now at two points per share up at 177 175 and 50 What I'm looking for here. I'm looking targets generally previous resistances So I'm looking ideally for this 176. That's a very good 50% fib retracement At the same time I'm looking yes, which is having high of day Breakout I'm looking at dbji Ideally for a five dollar short I'm looking at smmt for the 235 short And I still didn't add from, you know, my pre-market trade 38% fib Okay, 38% fib, but it's not only that We're having the liquidity over here stacked above use amount, right And then we have one two three. This is a very high supply repose. What do you think buddy? Dips over here this morning rejection all day long. Look what up. This is a big area Very big area. We're talking about this 175 and 50 175 and 70 so we can Just share this What over here in the discord room of stocks so at this point If we don't break this 175 and 16 We're going to trail over here 175 174 sorry and 40 174 and 50 So I'm raising over here my trailing and zoom in a little bit We're dipping just into that level you can see over here Below this green area. So below 174 and 50 For me as a trail So Joseph, maybe I know you kind of covered it But maybe just go through bullet points on how you managed this trade. It was countertrend to what you're looking for Of course, and you didn't know it was going to come all the way up here No, I didn't know so so but you managed it Yeah, and uh, uh, yeah, I think that would be really helpful to to understand Uh, three points The first one might take us over here that I said before I'm sure bias on this for today Reason why because by stats and I'm going to repeat it by stats stats not that me and bruce last night You know, so like five six chart and said, you know what this is going to be a fair no by stats means I back test it with a software One whole year actually not one year. Sorry 11 months from January And a certain big caps with certain parameters At a certain time when they break below the previous day low They tend to close green. Sorry. They tend to close red on the day. So below that previous day low 67 of the time Now tesla Is above 70% Okay with certain parameters on the day Now cannot explain all the parameters because Basically, this bit testing is It's very very long But I can tell you that today is a day that tesla gave me 70% of the time 71 or something like that 71.8 or I think That tells me is possible. It's going to close right on the day right on day means below the open level all right Now that was my tizzies this morning. We had a couple over here of patterns one two three Right, so you can say j. Why didn't you short this? I basically was based on something else But these are three good setup to short I alerted this one over here Actually, sorry, I alerted this one over here And uh, this I missed I was already with you guys over here. We're just setting up So I missed it. This is a perfect general rejection that I love to trade And then we started have the sun white now uh We always say That you trade together with a team. That's the most important thing. So a trader in my room. She's a very good trader Uh, she told me j also check The fib I know that she was referring to the higher time for fib And uh, I was looking over here now this 23% But my plan was too short. Okay. My plan was to look for a short Then this 23% fib over here Is reliable Yes, because it also has you can see trader over here Some chop into it. Okay. So there's a bounce into it And if we extend over here our level from this low, we're going to touch the low of today Is this a high volume profile area? No The poc over here is around 169 the high volume node is around 169 168 So it's just like a fib area And then We had this level over here bouncing I started to see this curl over here in the 90 may so the really the shift between On this trend line break over here. So let's make it better So this trend line break over here I saw this uh Breakdown and bounce. Okay. This is a breakdown in bounce. We can I think right up over here, right? So this is a bounce I mean, I treated the stock But and we made an example So if you part part of book map We score room or smoke approval, you can see it But this bounce over here is essentially you can buy even calls, right? There's no point of for me to buy only options or buy call You can buy one or the other or both the same thing over here. You still buy 175 option call Uh otm this morning weekly and you're good and you make a good profit All of this is the price action That then I need to be confirmed by the order flow if of course over here I see above the 173 and 40 use amount of sellers Uh, no confirmation over here of the bar stepping in not going to take this right And uh, we're going to mark this back again over here. So this level right this level here Uh price was starting to bounce from the fib that 23 percent. So good area Then we move only over here to uh book map What I like this is one of the pattern that I really like is this cup Okay cup Rounded bottom as we prefer curl, right? This is a cup And a lot of truth tell me Jay, but over here they're selling. Yes They're selling but it's not unwinding They're selling and they're being absorbed And right away we have a reclaim of a previous level and then another level. So it's forming higher lows And on the break over here 173 and 40, which is this level over here We start to see a massive amount of buying pressure and you can see how you can see this Why is a massive amount of buying pressure? Well in about one minute goes up 50 cents and then another one minute goes up another 50 cents And now for us It's just a trail with this. Uh what we said 173 and 40, right? Yeah, uh once sorry 174 and 40. So if we break this 174 and 40 Which is exactly this level Here that's going to be my trail 174 and 40 Okay What I see also there. I mean this big huge heat map over here soaking Being my my guide, right? Below that I'm gonna trail And was this a huge size to know it was an example pizza money I'm not here to you know to tell you oh, this is a millionaire trader or whatever. No I put size when I'm trading the first hour only And not on scalps But this is a good scalp that you can trade when you have a low risk you can put even size that depends from you I just I'm here to explain the process and Teaching order flow all the trades that we take in the room are live I explain I teach and I Have a precise day trading strategy And this is based on price section analysis a plan Char patterns And order of flow. That's it. Of course we have to put you know discipline risk management and so on but that's it okay, so By the way, there are some traders over here writing me about If they should short of touch SMMT, I'm saying personally what I'm doing. So read the disclaimer And no, I'm not touching yet the SMMT. It's still high volume. It's a high manipulated stock I'm waiting for my level and being patient So I'm not attacking SMMT yet That's a point Only 235 if I see a fake jace fake layer out j slim. So a breakout that it doesn't work. Boom. I'm gonna get out I'm gonna sort of jump in short add into the position now getting back to this price section over here on Tesla you can see that they're soaking again at 175 and 50 So I added over here a small position at 174 and 60 on the bid So added long 174 60 on the bid why because it was a fake washout And now what I'm using a trail for everything 174 and 40 So my entire trail over here Will be 174 and 40 I'm looking at tesla. I'm looking at made the amazon es apple envidia matt smmt ym and q What I'm trading right now is only tesla and smt. I'm waiting. I'm following one position at a time Now I see that this is still pushing over here. So a partial we can sell into this 174 and 90 And now if we break this we're going to look for the next target That is essentially 176 Okay, so we add over here to the long position Into this here over here And we're looking For a more move up. Okay The main point over here is that I can get scared because there are so many heat maps But I'm looking at the price action over here. You can see so our entry. Well, here was perfect Selling a little bit more to this 175 and 50 and now we're just simply holding the trade. Okay This is the moment That we want to see now. Okay. Are we going to hold the fib 175 and 16? So 38 and push to the 176, which is my main target Or we're going back to my previous stages, which are short And looking for that on wine. All right guys sorry traders saying that because a lot of Beautiful and smart traders female in the room women in the room And don't make sure you include your mother and your wife I knew I was waiting Bruce She's over here. She's talking something else today. She's just trading on ym So I just leave our in peace over there where I think bad bull trap over here bruce very bad bull trap And below the 70 I'm out bad bull trap over here Uh, the point is I was waiting for a big breakout over here. The volume was there Big amount of selling pressure jumped in. I sold out all that entire position over here Uh, and I'm going to explain why maybe go is going to go, you know, kind of be always wrong, right? But I was waiting over here for a nice breakout and I pushed to this area Unfortunately what we had over here? We had this breakout The grid over here was uh stacked And got out entirely over here at 70 Now it's dipping into the jailings. What are we going to do fake break them along? Otherwise we're going to look for a short Which is my main tazis. Okay So let's stay Let's stay with that plan 174 traders personally. I'm going to tell you what I'm doing if I see a 45 right away reclaim. I'm walking So, you know before that I'm going to do that what I'm going to do Jump in long over here in the bid Got a feel over here 57 So 57 I longed again tesla Now 73 I'm risking what I'm risking the 45. So the previous low I'm entering on this fake breakdown over here and I don't suggest to trade this. This is me personally taking the trade I'm selling a part over here 78 got filled now risking break even So sharing again my trades over here in the score room of book map to see this you only have to be part of book map and I'm looking over here traders for a push now again to this previous side 175 and 55 176 or Getting out at 57 filled out Possible is going to unwind if it unwinds we're going to wait for this exactly look This okay What why it's unwinding as well. Well, yes had a pullback So high chances over here will dump high chances. Okay This 174 and 5th is trying to hold over here But you can see the manipulation that we're having on tesla bruises not going anywhere. It's sideways. All right So it's very I would say for advanced traders bull trap over here bear trap over here What is a bull trap? Longs are getting caught buying the breakout here Shorts are getting caught over here on shorting breakdown Instead What they're doing they're trapped They see over here boom Let's see if we can break down and reject patience Is the main virtue in trading not very after being of this place Oh, yeah So I wanted to trade with you guys a little bit of small caps Meaning that we have so many small caps these days in in the room but actually This price section over here is very interesting in tesla So we're looking over here a little bit more in tesla. So we have smt over here being sideways Still in this range 235 and 190 and as I said before Until I'm in this range Over here, we can put our rectangle over here here And another one over here until I'm in this range I don't want to trade over here smt In tesla instead we're waiting for a rejection So I'm going to see if we have the daily rejection over here Yeah, it's unwinding pretty good. I missed the short on tesla. I'm not in So it's unwinding pretty good over here from our level. They're saying 174 and 40 missed it This point I'm waiting Yes, it's also pulling back And they found some support 174 Right watching over here tesla for a possible short Not short yet There's buying and selling over here still not a clear rejection Grabbed over here just in this moment 174 short not the big position a starter So I grabbed over here 174 small position Short on tesla y small position time of the day and we're going to give back profits So I'm simply Not put a lot of size over here at all. You see over here with my risk 174 and 40 at that point I will look over here for a possible Bigger move dbji possible long coming over here so dbji on the verge to push to five So a long pattern coming in over here at 475 You're looking to be gi right now We can put it one second over here dbji dbji So dbji if it breaks this 480 possible push to five I'm looking over here I took a starter 174. I'm looking over here for the starter risk 174 and 40 But if we have over here a rejection, then I will add a little bit more. So bringing my average better otherwise Being disciplined taking my stop at 174 40 took my stop at 174 and 40 for a starter So basically I made before eight r on this long Over here. I lost now one r a little bit of sideways action. So Yeah, pretty trappy scenario right now bruce on on tesla. So we're looking for another short Reb now short 174 and 12 and have limits at 174 and 25 Same size before so small 174 and 12 Limits to add 174 and 25 27 But again another small position time of the day And I'm looking for this breakdown over here We can see this trend line this point now we might stop to break even okay And it's not, you know, any kind of big position or anything else So what I'm looking is this previous support was in three and 50 We're getting there So now risk break even We're up 40 cents. So basically a stop of before 45 cents 50 cents 55 cents 60 cents streaming over here my partial So got back to stopping before and more Now I'm holding over here the position And the next target going to be 172 and 60 or nothing. Okay So 172 and 60 or another So the main point right now is to ride the trend if the trend over here is unwinding and I start seeing Visually, okay, there's much more to say But I start seeing lower highs purple dots over here And a straight push down without too many spikes without too many upticks Then we're gonna ride this until this 172 and 50 So if you're here traders part of Bookmap you can see the trade that we share right now in stocks or in small cap room Second leg down over here after trend line break So what we made this morning was looking for First a scalp long over here Then we react over here long We took a long over here and I'll break even I showed over here on this one. I got stopped and started 40 cents We showed over here again starter because I had limits over here ready. I didn't get filled And we're holding for this point over here I'm So short to 20 to 27 average was SMNT from the pre-market. No ads for me after the gate Tesla over here up one buck per share And we're just simply holding over here for this level at least 172 and 80 So not taking any more profits There's an a small dislike, you know It's plain over here things And you can see over here unwinding pretty good Getting to that second fifth level once every three and 20 unwinding Some big support heat map I'm not really concerned about that And great stuff, Joseph Thank you, Bruce we need to wait for a bounce for me to get scared And get out of the position for now Even if I see a heat map probably they're gonna soak bounce maybe 30 40 cents and then down So I have to decide where's my trail my trail is 173 and 70 why for this previous low? So trailing stop. Okay for who is Looking where I will trail this is the trailing There's another target I would like to see that As I said by stats, I'm gonna reiterate this by stats. We're gonna go down Today in close red on the day 71% with these stats on How you say? Since the start of the year Big wash over here and Byte and bought over here. So I'm taking a little bit more profit 173 and 20 173 and 15 Why traders because that wash out over here is why they scared me. Okay, somebody over here simply buying big Makes sense. What happened over here sweep? Everybody would think over here that Stop loss are triggered So this will unwind somebody over here bought actually It was a fast bounce back up. This is a wash out long I'm still holding position, but of course I covered parts over here at 1718 into this push And now I'm going to trail everything 173 and 32 Or looking for 172 and 50 next target Okay Yeah, yeah makes sense Finally traded to that 172 area Yep. Yep. Yep I'm also looking over here the bji for five and I'm also still looking SMMT Uh, Bruce we have the last few minutes any questions around? uh, I think I've Answered them all in. Uh, yep. No, we're all good Okay, so let's review the last few minutes over here What to look for in In these sessions so What me and Bruce and book map Trying to do is help you to understand price action or the flow And then of course you have to study big test these strategies practice them Uh, what we had today was I would say, uh, a very good market high volatility, but if you look at over here tesla In the last few hours. It is basically sideways, right? So we had a a morning push This morning as I said, I showed over here covered this dip that I missed this long We had by system over here three short setups at this average 175 and 30 Uh, we long on this dip over here 173 for a scalp We sold the let's say parts of the positioning this previous resistance over here 175 We resort over here first with a Stop and then with a very good win For this fail and now it's basing into the support But you can see traders that we are really sideways over here So i'm really looking for a breakdown this level and a rejection ideally and unwind A lot of this is also Given to us if he has to a particular unwind over here below 39 15 39 10 today We have possibility of tesla really unwinding big Otherwise if he has to be sideways So red to green red to red like he's doing right now This is going to chop out in the 174 average area Right, so this is for today Do you want to add anything else bruce? No, sir. Uh, I uh inputted uh or paste it into the chat Jay traders contact information if you're interested in reaching out to him He does offer mentorship and education Please guys hit the hit the subscribe button And the like button there To our youtube channel there This is what allows us to Continue on with this kind of education No other not joseph. No, thank you very much and enjoy the Uh, the rest of the week and we'll we'll see you next month next wednesday All right. Thank you bruce. Thank you bookman. Take care traders. See you next time. Bye. Bye