 You guys hear me and you guys hear me All right That's why he's I can see it. All right, you should be right there. If the audio gets too loud, let me know. I'm just seeing from a report of our Twitter, a cycling colleague, one of their colleagues, a Republican negotiator, Graves. They don't have plans to return to the White House on the debt ceiling. Quotes that we've made clear that we're willing to meet any time to get this resolved. And I think, you know, we began seeing a little bit of movement yesterday. All right, I guess I'm going to have to deal with it. Let me text Bruce real quick. Give me a second here. Texted Bruce, if he pops on. All right, so you guys should be able to hear me and Discord as well and see my screen. Yes, I'm going to go back and look at the US. He is behind on training. This is the problem. This is a skilled trade, labor demand in skilled trades. It's still crazy hot. Get this set up. All right, so right now I'm currently got dueling positions on and Q and ES. I'm shorting Q and long ES, which is not preferable, but so fit ratings commenting on European LNG import says it expects further increase in LNG purchases to 155 BCM in 2023 after the 45 BCM year of year increase to 120 BCM last year. I don't have my stop since. So give me a second here. I actually have to do the disclaimer here too. So give me a second. I'm going to play this disclaimer. Risk disclosure statement. There is a risk of loss in trading stocks, EDMs, commodity futures, derivatives, options, forks and cryptocurrencies. This risk can be substantial and therefore investors should carefully consider financial stability prior to trading. Past performance is not indicative of future performance. The software, strategies, chat rooms, websites and any associated websites or digital venues are for educational purposes only and should not be construed as an express or imply promise or guarantee that you will product or that loss is may be limited in any manner whatsoever. Users of the information accept sole responsibility for the outcomes of their deployment in wholesale set trader, LLC and any associated companies, agents, management, owners and customers harmless without reservation, please trade responsibly. Commodity futures trading commission, CFTC, Rule 4.41, hypothetical and simulated trading performance results of certain inherent limitations, some of which are described herein. No representation is being made that any account holder is likely to achieve products that are similar to those shown. In fact, there are frequently sharp differences between hypothetical or simulated performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with a benefit of hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses are out here to a particular trading program and spiral trading losses are material points which can also adversely affect actual trading results. Because these trades have not actually been executed, the hypothetical results they have under are overcompensated for the impact, if any, of certain market factors such as lack of liquidity. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for by any particular trading program. This trade room and its webinars are not intended to mirror my trades or to give specific trading recommendations. The analysis and setups I share are trades and potential trades that I'm taking for myself based on my personal analysis. The goal of this room is to see trades how to identify specific areas to trade within it for themselves but ultimately the decision ensures. Trading is extremely risky and if you do decide to file my personal trades, you do so at your own risk and can potentially lose your entire account and even more. I'm not always profitable and have routine drawdowns on my trading accounts. The spreadsheet you have access to is my personal spreadsheet that I used under zone values in ATR values that I'll be pinpointing exact prices for my trades. You can see when I enter zone prices into the master spreadsheet as well as the prices to enter trades whether you want to go longer or short. This spreadsheet is not telling you which direction to trade as it has entry prices and stop prices for both long and short positions depending on which way you personally decide to trade. On these steps, I'm long yes. Looks like it's about to stop out races here. Everything is firing off at one time. Get all this stuff in. We have 254 contracts. Crew is going ballistic. Gold was going ballistic earlier. These equities are all over the place. Literally just really screwed me up because I'm never on the screen so I'm going to keep going back to this original screen that I've done about 500 webinars. So just bear with me. So anyway, I'm long. I got long yes. This is an important inflection zone. So there are a couple of different setups here. This is the last one here, the cell ice. And I got long aggressively out of here. And right around 4975. It's coming back. My stop's at 3375. So that looks like it may be stopped out. But I'm also short. NASDAQ, a bunch of cell ice came in right at the open here. It's a huge zone. But the way we trade these areas is you don't change your stop price. You just adjust your size based on the size of the zone. So this was literally a 62 point zone. I got to get Bruce on the line. I cannot do this on the screen. This is driving me crazy. So because the current volatility when I put this straight on, I was risking 111 points. Well, that's just what the volatility is telling me. I have to trade with the zone size. So again, the market respects. It doesn't care what I want to risk. It doesn't care what I want to risk. It doesn't care what I want to risk on a trade. It cares about volatility and the volume event. So based on the zone prices that I put in my spreadsheet, it's telling me I'm risking 11 points. Well, I just adjust my size. Can you hear me? Yeah, I can hear you now. Okay, so I'm in Discord here. Everything looks good. I mean, you're on YouTube. The problem is I'm on a different screen and it's completely screwing me up because I'm never on the screen. I have other things on this screen. I don't know how to switch the OBS to this other screen. And it's driving me crazy. Okay. Hold on a minute here. I'm clicking on Display Capture and it's not giving me any options to switch screens. So yeah, you need to hit the plus tab in the lower left there for sources and then you find another monitor and then you choose that. I don't see you find another monitor. Or do you... How many monitors do you have on there? I don't even see my monitor options. I just see the screen that it's on. Okay, no, it should say Display Capture somewhere, right? And that is showing, displaying at the moment, right? Right, but do I hit Create New? Yeah, so down in the lower left-hand corner click on this Add Source plus tab and then you're going to select another monitor. I don't see Add Source. I have... Can you show your OBS? Maybe bring it, slide it over. Sorry everybody. This is driving me nuts. Oh, I guess it doesn't show your OBS on here. Interesting. That's just here, that's the pop-up, hold on. So this is what I'm seeing here. Gosh. Okay, so yeah. Is that the right display that you selected? Okay, there you go. There's your OBS, so bring it down. Right. I need to see more of it. Yeah, there you go. Okay, so now... It's there, it's just the way... No? Yeah, maybe, maybe. Okay. So there's a plus tab in that lower left corner. Right, hit that and where are the... And then hit Display Capture. Right. Okay, and then now choose one. Where do you choose one? I see. Well, maybe go over, so cancel this. If I had existing, I don't... And... Yeah, so... Yeah, just hit the trash can on that one. Okay? Yeah, alright, so now nothing is displaying. So now go to the monitor that you want. Okay, but I didn't try it again. That plus tab. What do you mean go to the monitor that I want? Why? Well... Yeah, bring the... OBS over to the monitor that you want there. I see what you're saying. I don't think that's it though, because this OBS was not in the original monitor that I... Yeah, you have another source there, so you can cancel out of that. This OBS is literally just a huge pain in the ass part of my language. I can't even, I can't throw this away now. Hmm. Okay. So, well, go back to the... The data on product 15... The monitor that you want to... So I have this on the monitor that I want. Like I have the OBS here. Okay. Let me see, let me try this. See, let's just keep showing this other monitor. Oh, here we go. This might be it. Hold on a second. This was not showing before. It's naming the monitors and I don't know which one this is. It's definitely a Dell. It's looking out to the fear and greed index. That might work. It's sitting at 63 out of 100. That indicates greed, while the crypto fear and greed index is at 51 out of 100, which indicates a neutral. It's a good webinar for everyone. See how I... Yeah, I mean, I'm sorry, because I don't want to cancel the stream. We'll have to create a new... Hold on, this might work here. Okay, I think I got it. Oh, goodness gracious. So you see my YouTube. Actually, do you see my... It's going to be a delay, but do you see my spreadsheet? Yeah, now I see YouTube. Okay. And now you see the spreadsheet. Now I see the spreadsheet. Okay, now I'm on the right one. Okay, I think you're all set then. Easy peasy. There you go. That was confusing. I just couldn't do it because I'm so... I can't go back and forth and not know where I'm at. Thank you. I understand your challenge. Okay, so quickly... Sorry, I just got to get my shots in while I can. See what happens when you don't come on the webinars anymore? You're watching Netflix right now instead of being on the webinars. Life is a lot better over here. All right, thank you. Excellent, excellent, Scott. You need help with anything else. Okay, thanks. All right, so while that debacle was happening, there were some cell ice here in Nasdaq, so I'm currently short in Nasdaq. I move over that here every second, but I can now draw this current zone and trail my stop to this most recent volume event. Again, a lot of new traders on here, so you have these bubbles, your buy-sell bubbles. You want to remove those. You want to have this last price line that's not easy, but it helps you draw the zones. Click on that. Click Configure Visible Components and make sure your last price is checked there. And what you want to do is incorporate all the prices that happen in this spike here. So this was over 250... 250 cell ice. And that looks like that covered. So you just use your cross here. Actually, I got to go up here, so you can see if I take my cross here just from the start of this spike, you can see this price is involved, so I need to bring that in and just incorporate all the prices that happen. That's how I do it. And if this guy is talking, if it's too loud, please tell me. I have my internal volume down to almost nothing, but for some reason it picks it up at full. And it's... I know how annoying it is. I heard one of my YouTube webinars with this guy talking and my tic strike, and it was really annoying. It talks over me, so... Let me get that up and see what you guys are saying there. All right, so how is the sound? Can you hear this squat guy overbearing? That guy chirping? Or it's not. Just let me know on YouTube channel, please. All right, so this new zone is 1381 down to 70... 71 quarter. So I'm going to put that in the spreadsheet. So this is the spreadsheet we use in my trade room. You literally just put the zones in and it tells you everywhere enter, exit. This is proprietary to my trade room. If you're joining my trade room, you get access to this 13871 quarter. This is not the day to have technical problems because there's just stuff flying off everywhere and I can't keep up. I was trying to trade the stuff before the webinar and I think this is not the day to have technical problems. I'm totally backwards right now so just bear with me. All right, so this new zone um my first stop was the way I trade these areas. My first stop was above this volume event here that happened. There was just waves of cell ice. You could see here there was right at the open 274, 256 another 154 so this is almost 800 cell ice right off the bat here and this was this whopper of his own. Again, it is what it is. I don't adjust my, so so many traders will get into a short they are tracking this stuff and they get in short and they're like, well I don't want to risk on our 11 points I'm going to put my stop right there and again, this is just straight in the middle of this volume event and these algos will snap this back in here and stop you out so I force when I put on my trades I force market, AK algos if I'm going to be wrong, say I get in short here, if I'm going to be wrong, it's got to come back the ATR, it's got to get through the entire volume event and then another ATR for me to be wrong and this is all from trial and error. Yeah, I don't like risking 111 points on trades, but the volatility and the size of the volume events telling me this could easily move 111 points the other way in my favor or more. So, again this is where traders get in trouble. They love to have these static stops where every time they trade the ES they risk three points to make six and that's just you're just rolling the dice because these algos they are designed when nothing's going on and they can sense when nothing's going on that's when they start to whipsaw you to death and stop you out of your trades. So, I adjust my size based on my risk and that's the way you need to do it if you want to be successful in this business. If you are putting static stops in, you may get lucky for a while but it's going to catch up with you. Alright, so anyway my stop for this was way up here. It was an ATR above this zone here that was this zone here based on this stuff over here and then this came in. I just drew this current zone so now I'm going to bring my stop that was up there and I'm going to bring it down here. The problem is I'm going to be now stopping out right in the middle of this zone. So, I may move it just outside here let's see what that price is. If I were to short this current zone that I put in my stop would be 07 quarter and that's literally like right in the start of this zone but I you know I'm not going to you got to make exception sometimes so I'm not going to move you know a lot of times if I have a zone like that and say my stop would be in the middle of this zone, why move it out of this zone. But in this case I got to move it up 60 points. I'll just bite the bullet if it comes back especially because I'm holding E.S. So one of these five side channels are basically ahead John. We're trying to do that but that's what we're trying to do. Alright, so 7 quarter is where I'm going to put that stop and we put that in here. We put the link out to the live video on the feed for those interested. So representative Gallagher says the trip is working. Let me change this to color too just because it gets confusing when these zones are the same color. So those are those two events. There is a way I can add to this trade as well. So we have different strategies in my trade room that we're trading that HR assigned an Apex account. The barf is always in play. The barf is just a blind ATR retest failure of any volume event. So it's not taking anything else into account and the whole reason I'm doing this is to show my traders that the volume events are the edge. So if this is a profitable trade which it is over the long run then you can imagine when you get this information at important areas and it could be any areas you're looking at. I look at specific areas but it could be anything that you're looking at. So the point is whatever you're using if you're not using this information you don't have all the information. So I don't care how great of a trader you are you can be even better, way better volume events. So this could be an event that's happening as something that you look at a Bollinger Band, MACD Cross, whatever you guys, whatever the 85 things you have on your chart that you find important you're going to start to realize too why sometimes it worked, why sometimes it doesn't. A lot of traders and a lot of educators just chalk it up to that's just the market that's just this probabilities playing out. Yes, but you're going to start to see when a lot of times when your areas fail, if you start using this information this SI indicator from Bookman you're going to be like oh that's why because there was a bunch of buy ice there and I sold into the buy ice and I didn't realize that stuff like that right so and that's also I'm not saying that just because this is sell ice the market is going down we have specific strategies and I have specific setups based on if this ice holds meaning if this sell ice works it's called a Titanic that these are very technical terms too just kidding they're meant to be memorable and funny or if they say this sell ice comes in so again the icebergs are just hidden orders in the order book so there was a bunch of hidden orders sell orders here well if that they're wrong then we call that broken ice and we have a way to trade that as well so I have six distinct setups that I trade now and I keep forgetting to show you guys are getting my lists and my contact information so the bottom line is if you if you want to if you want to get a hold of me so this is my website and there's the store so this is my main course here the SI indicator but you know on the homepage here everything we talk about today all the discounts are on here you get discounts in the Book of Map Global Plus Apex we'll go over that it's about Gamma the hero indicator you get an extra week tick strike, traders things so this is all the stuff I use but if you go to my room and if you need to get a hold of me I'm in a situation to determine how my email is you can get a hold of me three or two I just don't know where it is at right now but that's my website I just keep forgetting to put up the page that Bruce used to do with my contact information alright so I'm short that I've trailed my stops so my risk is very little now I'm only going to risk about 20 points if I get stopped out which I would prefer because I'll lose a little bit there and I won't be as well over these there's been nothing since the I've been here so there was a stop running right off the bat we had 522 that's the yellow zone and I actually got long off of that aggressively in this inflection zone so we have zones we have different types of trading strategies like I said and this one is the Izzy trade so these are areas that I draw based on the four important principles of charting which are tops and bottoms of balance areas high volume nodes of balance areas which I don't usually draw those but there's always something right there anyway like one of the other three things but you can eyeball it too it's not hard to just look at this balance area and say okay where did the most trade occur in this balance so balance is just two sided trade where does the most occur is it at the tops and the bottoms no it's in the middle so that's what's called high volume those are important areas and then directional prediction like this and then directional conviction so this market gap all yet to here failed in this zone and that's presently to the exact take pretty much the very top of this one and the other important areas are buying and selling yesterday we had a selling tail and I thought that was very bearish and then the video came out I guess the world is a whole net gas ice iceberg sell NG that went absolutely ballistic at the close yesterday you can see here I don't know why it's not showing on my ES but it's showing on NASDAQ but you can see this it was showing it earlier so anyway you can see that this market just gap like just insane off of one stock this is nuts right so I understand it's highly weighted stock but it's worth fail not to own it now it's trying to hold this zone so anyway we have tools for when these market when we get them just like I got done talking about when you get a volume event in an important area well we have a distinct trade called the Izzy it's just short for an inflection zone trade where if I get a volume bet in an important zone I trade it right so that's what that is so I took this Izzy in ES and I got long two different strategies here I got long the Izzy and then there was another setup here and then I went ATR retest fail and I got long that as well so I take that back so I got long the barf so the barf trades the blind ATR retest failure right so that was at the time that was this one here and it did this this, this we have also posted out the way I was working for if it came back out of here that's where I get long so I get long just outside of an ATR well then this new setup came in came in and I just let that continue to work but then I also got long the Izzy trade off of this original event so I'm not long a barf off of this event I was long off of this first event so what I basically I'm long in this area so these are the two vibes so this is the most recent here this one actually has not gotten it's gotten the ATR out of here here's the retest of this black zone but it has not moved an ATR back out so I would not be, I can actually put out another barf here if this moves out of this zone so I could have two bars on it I'm not sure if I want to do that but let's see here so those prices are all in here I just want to make sure my ATR is correct this is so important in trading because you're adjusting to the current volatility of the market so if I want to go along here again it would be a 50 quarter and I could put out a 6 remember I'm not changing so each trade that I'm putting on so a $5,000 account these are the effects of the accounts that I'll show you I'm risking 10% on these trades you should not ever be risking 10% on any trade for real money and I'm going to give you guys an example of something I did the other day and it completely blew out the account to show how easy it is so anyway for trading live account the most you should be risking this 2% so if you were trading a real money $5,000 account 2% you should be risking $100 bucks a trade and this will all adjust for you but I'm more aggressive with these APEX accounts I'm all qualified and we're using them again to keep track of the stats so based on this risk I could put on 6 if this comes back to 50 quarter which it has not so it's basically just bouncing around this last zone here so I'll eyeball this if this comes back here I might put out another barf trade as well so long so I'm long right now and you can see my prices and my stops at this is the prior zone this actually isn't right it's like 34 quarter Graves says there's no plans for a debt to limit because I haven't traded off this zone yet that's what I'm saying we'll keep an eye on that I'm short, NASDAQ long yes, let's see if we can get something in real time, there was something in crude that just fired off, this crude is just going crazy today let's see where we're at now I actually had trades on here and I got stopped out right at the start of the webinar so I was just grab one and get those trades in the stops in but anyway, I'm just going to remove all this stuff and let's start fresh since this is all happening in the same area alright so this, you can see here this just came in so 258 by ice does that mean I just automatically get long? not necessarily, but if the market can show me it can get an ATR out of this zone then that is in my based on all the thousands and thousands of these I've seen, that is telling me that this is a bullish event and then I will trade it to the long side that looks like that was that for the zone, 72.20 down to 72.03 and I got a hard stop today as well guys at at 10.15 sorry for the short webinar today but I got to take off alright so this is 72.20 to 72.03 is your new zone so before you start trading, you should know exactly where you are on your charts, your longer term your market profile and then you're not scrambling to put the zones in and you're coming back like where are we, are we in an important area I don't know what to do here you should do all this in your pre-market prep and know exactly what this stuff looks like so bigger picture you can see this market opened up and accepted into this market profile composite this is a multi-day composite there are multiple value areas merged together that overlap you can see this composite was like a literally a 14-day composite probably a 9-day trading day composite so this is an important area the top of this was and it ripped right through there so many many times the tendencies is when the market accepts into the composite value area is to get to the other side so this is giving me a bearish few right now but also many times when the market accepts into it it will come back, it will retest the top and then it will go move down to the bottom so we have a new trade in the trade room here so I'm adding new playbooks every couple weeks, we already have I think I have this one on the copy so remember this isn't the full the pick trade profiles encouraged so that's a funny name actually if you guys know history that was a book that John F. Kennedy wrote because we're talking about market profiles so we named it pick profiles encouraged I forgot what I was just going to say here but what was I just talking about oh I don't have these the actual definitions for all these because this is proprietary in my trade room right so again people come in there and they pay they pay a monthly fee to have access to everything that I'm doing including all of this and a lot of the spreadsheet and everything else you know I do these webinars you guys should be learning a ton on these webinars but I'm not giving you everything because that's what those subscribers pay for so if you want to see this on a daily basis and have access to this join my trade room right here you go here here's the different options monthly, quarterly it's obviously cheaper the longer you go out and then you get discounts off of my courses and mentoring so that's that alright so with this current setup let's see where we are on the bigger picture I know we're in an easy zone earlier right so I would trade this as an easy trade right now in inflection zone so this was an important area where this market gapped up I would also say that's the high volume node of this remember I told you I don't try high volume nodes I just eyeball them but many times things that happen are from the high volume node other things one of the other three important areas so this is an area where this market could bounce off of this zone I'm sorry I'm doing that so I've got to get this trade in right now before I miss it so the aggressive entry based on the current ATR ATR right now is 24.245 5 minute ATR I'm using just a thinkorswim default it's a 14 period wilders you can put that on your own software most likely so I'm in a 72.48 aggressively and I can put on 7 MEM MCL which is the mini crew micro crew 48 alright it's not quite there yet that would be the easy trade so that's working what was I just going to tell you guys I was just going to tell you something alright so then also the barf trade is obviously in play because they're always in play so if this market is still not proven to be a bullish setup what price do we need to make this a bullish setup well that's in the spreadsheet too so if this gets up to 72.45 the current full ATR so you can see that ATR is 24.5 all the top of the zones at 20 right so the full ATR is 72.45 rounded up so that's how I determine from watching so many of these if this is able to push the ATR out of here it shows me it's a bullish tendency so then the ATR retest failure I will go I just got stopped out of my NQ short but I was able to bring my, again I was able to trail it so it was just a small loss and I'm currently long two different strategies in the S I might actually add to the barf trade here too so I forgot to do that the barf long was remember to stay on top of your ATR here it's 5.59 so 50 and I can put on 6 so I already have barf on once I'm going to put it on again for this new setup that came in then I was telling you about so yes it won't be run away on me I'm adds we should not be over reliant on any one country for supply chains I do this about 5 times a day so that's working so just quick overview again I'm already long the Izzy I showed you the Izzy zone right so then so I was long off of this I was long two strategies off of that right I was long the Izzy first move out of there and then I was long the barf my stop was below the ATR below the zone which I never got to then this came in the sell ice and I just did the same thing here so I added to the Izzy when it broke out of there and then this is the ATR retest fail and now I'm long barf as well so I'm long double size and two strategies what could possibly go wrong there alright so I think I just filled on crude hold on somebody is texting me I think it's from my room somebody was texting me something alright so I had long crude as well my MO actually now it's 51 so long crude I'm long crude the Izzy just talked about the Izzy that's the aggressive move out so I don't wait for retests on Izzy because they're such important zones you get the volume event at the zone and the market will just take off so that's why I don't wait for the conservative entry for my studies my estimations these markets retest the zone 70% of the time so this move is not surprising me I didn't want that to happen obviously but now the barf is in play too so my strategy is blind ATR retest failure so I will go on that as well if this retests the zone and then pops out of here so long one strategy in crude and I'll be long another if that comes back so I'm going to put a little alert here if it does retest because I may not see it and I'll miss it which happens to me 20 times a day notifications and then you get this annoying little chime that comes in alright so long yes double strategy or double amounts because there was two different events here and I'm long crude and I will add to the crude one let's see what else is going on here so the NACS just fired off so you can hear everything firing off like when shit's hitting the fan part of my language like you're scrambling and you remember like what was that so if you have this up you can just go back and be like oh ok it's 7.30 specific time so at 9.30 central crude crude iceberg 9.30 central and that's what we're trading off of here too by the way and there's a NACS at the NACS number um so the how you get to that is you just get to your main book map page here and then click alerts file alerts and then that pops up so you have the audio net gas ice iceberg by NG 153 contracts and the um so this is what I tell you guys every week you're doing yourself a disservice if you're staring at the crappy ES all day long right like these volume events as long as you know the threshold it's all the same stuff they all do the same stuff because it's all based on volume events it's based on traders that are invested in areas that we're taking advantage of when it moves out of there somebody's wrong that's what this is it doesn't matter what market you're trading right so especially with this SI indicator that's obviously only for futures um my head would be spinning if they had this stuff for stocks but you know I can't even keep up with the 17 futures markets I watch right now so right so you can see where are we at on this natural gas I just we just heard an event and I know this is an important inflection zone right so a lot of stuff happened here this capped up this day actually that was more down here I should have this on right there I didn't draw that zone I didn't do that buying tail buying tail I could have that a little higher um this capped up this day and here we are right so this is an important zone inflection zone as you can see they're buying the bejesus out of these stocks now let's get that up so I can just have an idea what's going on alright so I know this is an important zone so I draw my zone I don't just jump in along net gas stops LNG 203 contracts I got a new event right now so I may let me turn this off I have this new market pulse by the way is unbelievable there's so many strategies that I'm going to be coming up with there for that as well I'm seeing a lot of positive stuff there we'll bring it up too if it slows down here and we can go over some examples real-time examples I'm sure there's plenty of them today just having a chance to watch that aspect of it just I mean I just keep coming out with more and more stuff I'm like a kid in a candy store it's like it's just unbelievable information that most of the trading world does not have at least the retail trading world so you guys have a distinct edge and that's what I keep trying to get across to you I've been trading for 24 years and I've never seen anything more powerful than the first book map and then this this just made it 100 times more powerful this information the SI indicator and now with the market pulse like you can see they have an algorithm with the buying and the selling and let's turn this off and see what this looks like the only thing I don't like is that it's on the same pane the other thing too I want to change these colors because I'm color blind and they blend in with the stop runs so let's make the negative black so you can see that my yes longs have to be doing well because you can see them buying the crap out of these stocks and change the I think they've released this new version so you guys should all have access to this but it's awesome so this market pulse just quickly we'll get back to it hopefully but there it is so the way I have these set up if I have them all for the same see I have a bunch of different options here I have volume pressure and balance and then if you open this up over here I put it on an hour so every spike is just showing me the heaviest buying and selling for the last hour if you have it at 5 minutes which is default you're going to be seeing a lot of spikes so I want to know what's the most what am I hitting so that's the trading period here so the hour and then the threshold is showing me if this is at least 70% it will draw this little spike with the color it's at least 70% of the highest buying or selling in the last hour that's important information so you can see when traders are being aggressive so right now you can see these sellers have been aggressive this whole time this last one was a stop run let's bring that back up again I don't like this all in the same pain and I've asked them to add another pain because it is a pain the spike here was the stop run but this one wasn't and you can see the incredible sweeps indicators as well global plus you can see that's where this is happening so you got sweeps there that's the selling someone tried to sweep it up it did spike up a little bit these buyers didn't work out so well for them now the sellers come in again so the sellers right now are winning but we'll find examples if this slows down a little bit and the market just kind of spins and then when it gets out of there it just rips because these sellers are off sides it's kind of the same stuff we're doing at the SI events the SI events are my main driver but I'm going to be having many more strategies with this stuff too I need a little more time eyeballing it because I just don't add stuff to my trading haphazardly I need to see many results kind of like the Ludwig levels these things it's actually it's time to see what we're adding all these markets to these every webinar too these are the second strongest thing I've ever seen in futures trading as far as support and resistance and as far as giving you a thesis for the day so again you go to her website that's not on my website I got to get a banner for her stuff but anyway you go in here you can do the three day trial so you put in the comments so you saw it on the book map webinar with Scott and she has special prices for you guys so that's how you get those what was I showing there I want to see where we were and then G here these setups and then I'll answer some questions here in a second so really nothing as far as lugs extreme standard deviation of eWAP let's check the relative volume and see if that's heightened because a lot of times the market if there's no relative volume coming through the market bounces you have these algas that snap it back at these extreme standard deviations of eWAP trying to initiate shorts when you're down here so this is eWAP this is one standard deviation so many times if there's not big money coming in these algas snap it back so you've got to be very careful in which positions not blindly forecast minus nine on the prior of minus 10 so you can see this is a time when the spark we call them huggers when it continues to hug the standard deviation you can see this relative volume so this is a relative volume it's based off of the exact five minute period and I have mine set for the last 30 days so that's really important information this tells me the big money is playing in here when you see this you can expect this type of move when you see this then you get this nonsense so this can help you stay out of trouble if you want to put a trade on it's a bad time of day like you know what I'm not going to mess with this unless it's kind of a fade trade where you're doing a scalp or something but if you're looking for an extended move you're not going to get it with this type of item you're going to get chop, whipsaw, city, algos when you see this that's when you get the extended moves so this can really help you stay out of trouble stay out of the whipsaw so you see this has not really gotten even the normal here I think it's normal but it's not anything crazy this is ES obviously see it's just about normal 100% is normal so we haven't seen a pre-market it was obviously and this is another thing you can do too to come up with a thesis you see this kind of volume this is pre-market obviously middle of the night but if you're sitting here in the middle of the night this is important you can see the buyers were aggressive but somebody's obviously on the other side of these trades so this is like its own independent zone volume of events that we drive it's the same principles so all these buyers were underwater and then what happened when they moved out of there they puked them so now it's back this has a very good chance of coming back here retest and failing because why imagine you were these buyers overnight and you had thousands you can trade and you're buying, you're buying, you're buying and then the market does that please come back to this area so I can get the hell out of my trade so that's what the retest failure is when it comes back these buyers get the hell out they have their limit orders to get out and if they don't get filled then they turn initiative and then that's the next wave down so that's the principles behind this and again I know all of this because this is how I used to trade when I had thousands of contracts on when I was wrong I would sit there and hold my breath I would have my puke point I would sit there and it would come back I would be like thank you God and I would get out of the trade so all my trading setups are not hypothetical setups they're based off of my personal experience as a large trader and how I used to react to the markets when I was wrong when I was right and then back then you can see counterparty as well and I can see how they would react so all my setups are based on how the big money and the retail trader reacts alright so this is just doing nothing just bouncing around here who says the US dollar don't it's kind of working for long career two setups here or two strategies I should say we were in right around 49 so this is just kind of sitting here as well let me see if there's any questions in here if you got questions throw them in YouTube please because that's where I can see the stuff bring a British guy talking yes so that's this squat box in my room this is financial juice it's what I use as my juice source you can see the you can see the headlines and then he reads out the headlines but that's why I was saying if he's too loud talking over me let me know because there's something with this broadcast software that it like amplifies my internal computer volume so if it's annoying let me know and I'll turn them off but you can see there you can get this and you can hear it going on and so on and so forth that's the edge I'm not going to get into this right now the point is there's literally every five minutes the last three days that McCarthy will come out and say something about that that's usually the same stuff yeah we're about to talk things are looking good things are looking bad it's a joke and then the market just whipsaws back and forth on the news it's just it's nuts but that's trading the other day I put in a bond trade for the flash PMI that I didn't know is such a bond mover and I things swipe down this is on my web and one of my webinars things swipe down like 12 ticks and stop me out to the exact tick and then went exactly in my favor right it happens all the time the point is you know if there's a predetermined number you probably don't need to be putting on trades before numbers because there's no information getting in the market alright so this is the last event here this is natural gas 203 there I don't think this was alright so I'll put this so this is starting to worry me here with this long right so they've been buying these things this entire webinar and you can see ES is doing nothing it's spinning in place that is not a good sign usually when you buy when these things are going crazy why this is screwed up here I have to restart this there we go there's something to miss here right like they keep these things literally since the webinar started they basically buying these things right so this is tick strike again discounts on my website for this as well this is a meter that shows the intensity of the buying from 1 to 15 right so if you see 15 it's the extreme max buying and just an algorithm it's based on the size of the orders and the speed of the orders book map is coming up with its own inversion which is looking like it's way better it's called market pulse that's what I was showing a little bit ago the thing I love about book map is they actually show you where these spikes occurred I asked tick strike for about 10 years to get that information where you can because I wanted to see okay that's great I know right now stuff's going on but I want to see what's the history what's the history of when everything's at 15 what does the market do after that and to this day they don't have that information book map does and that's what this is so you get the audio the audio alerts so here's ES right here turn that on but then you get it visually too right so that this is the key to me so you can see let's see what this looks like right so let's see here so you can just see it's just awesome to see like right here this is really good information these are awesome scalping tools as well so you see these buyers here that was the most extreme buying for however long remember this is showing the most extreme buying or selling for the last hour period so look back these buyers got aggressive immediately outside boom, 20 points right and then the sellers got aggressive here they held got aggressive here they held moved a little lower now it's back here there was a little buying here they were wrong so now it's pretty much choppy here but you're going to see, you'll see I'll find a bunch of instances if I get a chance today where you see like a bunch of these spikes and they're wrong and the minute it gets like a tick out of there it just rips again think about it if it's you say you're this aggressive seller and like you sell, you sell, you sell and the market does nothing and then the minute it gets out of there well you're puking out of your tray I'm not saying these are worthy of trying to catch 20, 30 points but you can definitely scalp off of them I know so many of you want to scalp so bad against these algos which is really hard like I've told you guys many times before that's how I made millions of dollars I'm not scalping anymore that might tell you something if I can scalp I would be doing it in a heartbeat so you want to be careful with the scalp you want to try for multiples of your trades is what I'm trying to tell you guys so anyway this is this is not part of my trade plan I'm not bailing on this trade but I'm just giving you I'm compiling information so if I do get stopped out of these shorts out of these longs because I know I might get stopped out for an hour and the market's not going anywhere so that's telling me warning Will Robinson doesn't mean I'm doing anything differently my stops are below these volume events if I get stopped out I get stopped out I'm not changing my rules because of that but if this thing starts to break and I get a volume set up to the short side I might try to trade it bigger because I already know what didn't happen they were buying this like crazy and double sized and I'm saying and I know we talked about the risk but you can still trade so I told you guys that I studied when I got back in the business in 2017 I studied with SMB trading so they literally make their traders come up with A plus setups and they have to trade them bigger or they get grounded for the day so there is a way to trade these so like I told you your max size should be 2% on an individual trade the most you should lose in a day is 0.06 right that's the dummy alert on my spreadsheet so you should not be losing more than 6% on a day but if you love a trade or you love the thesis and everything's lining up you can trade 4% you can trade 6% if you trade 6% and you're wrong you're done for the day you gotta be able to shut it off and move on that just don't make sense so like Monday back to the risk reward stuff I had this the Izzy trade that I qualified for the Apex we haven't gotten it and I have this stuff here so I had a live account on this I'm trying to make all these live so every one of these are Apex accounts that were keeping track of the stats and trying to go live on it they'll all be live eventually because I know they will because I have the edge the point is Izzy qualified immediately and it was a I did a smaller one I did the 50,000 I don't like how they say it's 50,000 you don't get to risk 50,000 you get to risk 2,500 bucks which is fine you're still back but it's just not 50 grand so anyway I had this account up so I qualified I hit the profit goal of 3,000 then I got the live account so then you start at the 50,000 and they have a trailing stop here up to a certain point for the live and I was up 2,500 bucks this was just last week I was up 2,500 which is like 10R I was only risking 10 which was still too much for a live account but I was risking $250 a trade well on Monday Monday or Tuesday it was this day here and yes it was such a weird day and we kept coming through my Izzy zones here it was this day here this is when there was like 27,000 sell ice that's what this red zone is but it was such a hard day to trade and watch so you had we opened up sat there did nothing for 2 hours then heavy volume breaks down went right through my Izzy zone or I think I had Izzy long here it blew me out so then I did this another half hour another leg down sat there for another 45 minutes another leg down like through these Izzy zones which almost always they bounce especially to the long side and the bottom line is this was a tough day to watch because then you would get run over and then it would just sit there for 45 minutes and then the point is I was putting on these trades and I took loss loss I had that bond error that I told you I traded into the number I had another mistake so we were talking about having a lot of risk you should not be risking more than 6% of your trade well I lost that day $1,700 out of the $2,500 and then I had so then the next day I blew out of the account so that's how easy I'm not happy that happened but I'm happy that my room got to see that happen because it shows you how easy it is to blow out your account if you are not respecting your loss rules right it's just you're going to have a day that just doesn't make sense you go on tilt I went a little bit on tilt because things were just really annoying me not making sense right so I lost $1,700 out of $2,500 you cannot lose 70% of your account in a day you're done it's going to catch up with you so that's why I keep telling you guys every webinar for 4 years this is the most important controlling your risk on your trades so that sucked I blew that account out and I deserved it but at least my room got to see how easy it is that stuff can happen because these are markets there's going to be days that it just does not make sense like that what I call it as an outside day that was probably a 5% day out of $95 to $5 it doesn't matter I still blew out the account because of it right so you've got to protect yourself on days that one either mentally you're not there the markets are just not making sense so on and so forth because they're going to happen so once again I'm going to learn from my mistakes that's why I do these webinars that's why I have a trade room to teach you guys so you don't have to sit there for 23 years 24 years going through the trials and tribulations that I have you can learn not to do the bad stuff right now and fast track it that's the whole point alright so speaking of crappy markets this is just again going nuts and this market just will not go up and that's not boating well for my long but we'll see alright so let's see what's going on in career this market is doing the same thing the thing was going apeshit part of my language as my grandpa used to say and then I get in and it sits and spins for 45 minutes in county speaking of which I only got about 10 more minutes on this webinar guys sorry I got an appointment anyway I got long basically right here let's look at the market post see what's going on here so throwing your questions you guys have got any questions does the direction of the volume event affect which side you're likely to take the ATR play no that's I use the ATR to tell me which way I want to play so when I get the volume event if the market can push whatever way it pushes the ATR out of the volume event that tells me which way I want to take the trade right and if it goes the other way so for instance this has obviously gotten an ATR out of here that's why I went long based on my strategies well if this fails say and then it moves an ATR out of the zone the other way will I take a short no the opposing way the opposing side is invalidated once it gets the ATR out of there it's just my rules from watching about 10 million of these things right so I wait for I don't just jump in in volume events I wait to see how the market reacts to the volume event right that's what the whole point is like just because you see buy ice it doesn't mean the things going to rip up yes it has a higher percentage because this is the big money the big money runs the show right but it doesn't mean they're always right and when they're wrong it causes the same kind of effect where the market just rips from that area so I demand the market to show me you can get an ATR away from the volume event for me to trade in that direction then I have two different entries I either get in aggressively like I did here in an Izzy or I wait for the conservative where you get the ATR retest failure and you can see this has never retested this zone for that one strategy the bar strategy I'm already in that the aggressive strategy but I didn't get the ATR retest but this also helps you mentally like I said if you know these zones I know these zones retest at least 70% of the time you know sometimes we have a strategy for this in my trading room it's on this spreadsheet it's called the ATR reversion strategy a lot of people are trading these these are this is incredible strategy too what is this this is playing for move back to the volume event because it happened it's ridiculous and it's every like history happened like 15 times right like one ATR back to the zone one ATR back to the zone two ATR back to the zone so my point is yes I have a trade for that I can't keep up with it by hand right now because I'm doing all these trading strategies but you're not going to flip out when you start to get whipsaw because you just know oh yeah okay it's very likely to come back there okay you guys can do what you want play your games and I'm just going to sit in this trade this is why I force these markets to come back the ATR and get through the volume event and then you can show me you can push an ATR outside of the volume event then then you win I'm wrong right alright so these are still going crazy let's see let's see if the yeses move one point out of that area hey whoa what do you know ridiculous I mean seriously normal days this market should be the way these are going crazy 20 points higher so I am keeping this in mind as this comes to important areas I am going to be piecing out of these this trade because I I still don't feel good about these longs here oops that's on the screen yeah that's my whopping I got on a 50 so I got a whopping 5 points it feels like this market the way those things been going crazy it's up like I said 20 points alright so this is one of the reasons it was probably spinning here so you can see this is the market profile composites that I use this is yesterday's trade well it was sitting right at the top of this thing is finally busted out so that's actually positive I don't want to see this thing come back in here right this is the most it's not the most recent composite but this is an important composite where it bounced off the other day got in yesterday basically held this prior one which was also the point of control bounced off of that today and now it's just got out here but it was spinning basically right at the tip of this so now that it's out of here hopefully this thing can get rolling and you can see that the buy volume is starting to pick up hopefully this is the cdq move on hopefully this can head to the red lot so the way I trade I get out I peace out it and important areas is this is super important area well it was I probably got out of a couple here with a very tiny win if I even this is what I'm talking about knowing your areas before you start trading right I didn't realize we were right here probably got out of a few but now that it's punched through there I'll watch this closely if it comes back I'll probably get out of a couple but right now I'm going to try to hold this so other than that there is really nothing here there's no marker profile composite this is a single day the lugs so the way I trade I'll get out of important areas and these are my important areas you may have your own you can adopt mine or have your own these are mine right so the trading as you get access to trading in the zone this is directly out of trading in the zone but by Mark Douglas I show I know I show this I show this literally every day in my webinar I am in my trade room and I force people to get this tattoo to the forehead and or at least read it every morning pay myself is as the market makes money available to me so these are all the areas where I will piece out of trades right that's why you want to be trading multiple contracts too because you don't want to just trade one yes and then you're like it gets to an important area like well okay I guess I'm out right or I'm going to ignore that area and then it comes back back on you if you're trading 10 micros you can get out of three at an important area and then another three at another important area and still have some on for the bigger move so you're doing yourself a disservice if you're just trading one big contract in my opinion but anyway pay myself as money makes available to me lead with levels market profile composite highs lowest POC so we just looked at a low high that it busted through but I should have probably been out of a couple there VWAP extreme standard deviations you know I'll only I'll get out of these usually only if there's something else there confluence so one of these other things on top of this spot gamma levels so you can see here actually had a new spot gamma level that I will watch very closely here this 4150 if this can't push through this 4150 I'm getting out of probably half of these contracts usually it's a third but like I said I should already been out as a struggle that the market profile composite so if this gets up to here I'll get out of half and then I'll try to write half to the red lug those are my mate because I know how powerful the lugs are supporting resistance so then I'll let the other half run all the way to that red lug I forgot the price we'll look at it here in a second so it's either red lug or an opposing volume event where it gets the ATR out of there the other way and I get out of the trade completely and or a stopout that's how I trade and then I just I just let it play and then I don't get freaked out by the algos running you guys rag it right it's like I know what to expect very rarely do you get straight B line moves right it's usually because the algos are 90% of the trade in here so if you understand that you accept it you're not panicking you know the areas that they have to violate for you to be wrong right and then you peace out in important areas and then let the trade work and that that's how I trade let me see if there's any more questions I gotta go here in four minutes hopefully JD trades I answered your question it was a lot before but okay now Scott were you a floor trader 20 years ago or trading electronically back then so I was on that I worked at the board of trade I wasn't a trader I was an art clerk which is a thousand times more stressful than being a trader because you're working for a broker you're watching hand signals from your from your your broker that you're watching so I have a broker that I'm working for I'm not from a broker the house is your watching houses flashing orders right to the big money like we're talking here the icebergs those guys will flash in orders with hand signals you got to turn around and tell your broker your boss what to do it's people are screaming it is absolutely not you seem like trading places that's exactly how it is right and if you make a mistake you cost your broker a couple hundred grand so it is a thousand times more stressful so if you read enhancing trader performance that's this book here that's on my website as well this is Dr. Brett Spienbarger he's one of the top trading psychology probably the top trading psychologist on the planet well he's happy on me for a year so he documented my you know what how I made the ten million dollars or fifteen million dollars in the couple years that he's behind me watching me but anyway you can read my story in here so I literally said that experience on the floor as a as an art clerk got me battle tested for trading so I was there for four years at the CB a CBOT Chicago border trade I was on the bond pit and the five-year option pit where I started and then the bond pit and then I started trading electronically in 2001 like literally a month before 9-11 so that's right when I started where's my target so I was talking about my target so I'll get out of some here so I'm always honest to say another event comes in here which probably will you're probably going to stop from here I'll then I'll draw my event and I'll travel my stop to that newest event and if it comes back out of there in ATR the other way I'm out of the new tiger trade other than that I'm told you I'm going to get out of half at 41 at this spot gamma level so remember these are the this is the cash price the futures price is about 11 and a half for 10 and a half points higher higher so it's 61 futures 41 50 spuck ammo levels are incredible and I just use them very basically because these are where options traders have to head to their positions so you can see this basically held this area I mean it went a little bit lower but it helped so if you were short you watch this area and you're like okay NQ stopped by NQ 215 contracts so NQ is rolling ripping and rolling but I'm so you know so now I'm really happy that I just trailed that stop this is exactly what I was saying so I was short off of this event this event came in so I was able to travel my stop my original stop was way up here this new event came in on my short so when I traveled my stop to there I got stopped out I avoided I took a very small loser and I avoided this move up right because of the volume that's not because I didn't want to lose money in certain instances so anyway I'll get out of a couple here or half there and then I'm going to be watching the lug this can get up to the red lug 6850 I'll be out of all of them unless it pushes right through you know this is where you want to use your txtrack or market pulse if you see this stuff going crazy and you see it gets up to that red lug and you see nothing but blue bubbles well give it a chance to get through there right you don't want to be a seller like right here you can see it's been nothing but buying here so if this was like the red lug you don't want to be you know why do you want to be a seller if nobody else is selling right so give it a chance and then you start to see multiple red bubbles well then get out of it get out of them right so get out of here and then I'll be doing the same thing right here so if this gets up here I'm going to be using this the bubbles obviously my txtrack and my market pulse and I will be able to see so if this gets up here and you don't see this market pulse making doing this with that yellow little dot that means there's not the heaviest buying for the last hour well that's telling me something right so we're here right now so let's make a judgment right now I'm going to get out of half of these got multiple two different so I got to go so I'm just I'm going to give this a couple more seconds if I can't go through here I'm going to get out of I'll get out of half and I'll just get what's stopping for the rest of them you can do it come on so just watch these bubbles right if you okay now let's see what happens here they come not a half there screwed that up I made a mistake in my life alright so I got out of half there I didn't quite get there but I got to go and this is what I'm talking about I got pretty close guys don't be splitting here it's trying to get another you know three ticks that was close here we go so you see how you can use this stuff did you see this going in highs do you see peaking on the market pulse no this was still going off a little bit but and that's not a good sign either so I got out of half now my stop is where my original stop is but if I hear a volume event then I'm out an ATR below there I'll plug those prices in my S&P Ice Iceberg sell ES 701 contrast this would happen the minute I try to leave alright so this is what I'm going to do here guys this is how you trail your stops not because you don't want to get back a certain amount well first of all look at that that's real selling for the last hour coming in now you got sell ice here too 2000 that's important information what is that but it's kind of S&P Ice Iceberg sell ES 705 contrast 3000 sell icebergs look at the selling coming in how that spot game a little dude pretty good alright so you know this sucks but this is trading and I this is my point you can see why why something's happening you're not just sitting here holding the bag like what the hell just happened there I thought we're all the buyers why is this happening well why it's happening is because 3000 sell ice just came in the market hidden sell orders when you're trading then you you're in for a world of hurt if you don't have this information is what I'm telling you 4155 down to 4150 is your zone come on why is this thing spinning 4150 NQ Ice Iceberg by NQ 153 contrast here's 5.53 so now here's my new stop alright so if I was long off this zone I'd stop at 4375 so I just save myself 10 points 11 points of risk so what does that mean I mean I'm just trailing my stop now in ATR just outside them in ATR in ATR and 15% to be exact outside of this zone and I know it's in this prior zone but I'm just getting out because I gotta go anyway so that's where my stop goes based off a new volume of it not based off of because oh man I just had my car payment and I just gave it back I gotta get out market doesn't care about your car payment what does the market care about volume events and volatility so if you can understand that you can do this for a living let me put this in and then I gotta what did I say it was 4375 what did I say over here 4375 no sorry yeah 4375 so in this case I will move it just out of this zone at least that stop run zone I'll make it push through here so I'll put it at 4250 see this yellow zone I'd literally be stopping out right smack dab in the middle of this thing so I'm putting it sell RT 150 for contracts so I say myself again 10 points of risk if it comes all the way back on me Russell ice iceberg sell RT 151 contracts you can hear all this stuff firing off I don't have time to cover it today but guys it doesn't matter what market you're watching this is the same principles again I do this twice a day every day in my trade room you can come in there and learn it you have access to 500 plus prior webinars that I've done this exact thing go back and watch them and see the fees that you can have for the last three years and you can go back and replay any day in practice which you need to practice I'll leave you with this this is the thing I posted in my trading room last night this is Dr. Brett I was just talking about so important if you think in terms of this time now we do get the four-week bill for the US selling $35 billion or four-week bills $357 this is one here so important you have to practice your trading I'll put this in here so that's Dr. Brett I was just talking about I would highly recommend you follow his blog because he is like I said top trading psychologist on the planet and trading is obviously the psychology psychology and trading is obviously the biggest aspect right guys so hopefully you got a little bit out of what I was doing there the trade worked out we watched how this came up to an important area and it was just I used the bubbles into my favor I saw this market pulse wasn't making it wasn't doing this yellow spike 70% of the most buy buy everyone that wants to think you're going to lock up something you can't bank anything I used that stuff to help me get out of my trade so this could come back if it breaks down out of here then I'm out and then to have a small profit alright sorry for the nonsense to start that was a little crazy but got it going hopefully you guys learned something alright I will see you next Thursday Russia is making up the oil loadings from western ports why 6% in