 Hello and welcome to order flow trading with Robert Rosa today. I can see some people already joining us If you can see and hear me, please leave a short message either in discord or on bookmap and see then is there Rob Stephen. Hello We just wait a minute or two until we Starting Yeah, hi Dan. Hey Stephen. I believe Yeah, so that's good everything perfect. So just send a shot Hi Debbie and Nicholas good morning or good day depends on where you are good afternoon to the European folks and good morning to the US folk So then we are going to start 3 p.m. Sharp Central European time order flow with Robert Rota who doesn't know me yet. I started trading at the age of 13 and Couple years later two people found me through the internet and I Set up with them Investment company on my first investment company in Frankfurt. I was 17 at that time these two partners They actually taught me the investment business what is private equity what I hedge funds managed accounts and with them I was trading the S&P future through the telephone on the Chicago Mercantile exchange Actually the regular one was 250 dollars per point and then the mini came and finally we also have a micro but I started during that transition time from floor trading to online trading then I sought my shares in that company and in 2004 I moved to China I set up a second investment company with a Chinese partner together and I had over 100 million US dollars under management a team of 30 people. I had my traders analysts and What everything that you need? Unfortunately, this business was quite successful during the sub-prime crisis on my best day I made $800,000 in one day actually trading currencies and Then I was detained unfortunately in May 2011 if you become quite successful See people like Jack Ma and so on you get Somehow troubled with the Chinese government and then I was detained for outsmarting the Chinese finance system And I spent the next seven years and seven months in jail in Dongguan I was released in December 2018 and during the first year After prison I wrote a best-selling book. Unfortunately. It's only available in German. It's a yes. The book is called Dragon years and I started of course Trading again, that's the only thing I can do and I have a free community and I'm offering educational services For training you can find more about on RobertRosa.com There is a German speaking community and also an English speaking community. You can find the link over there Also, you can find me on YouTube Twitter Unfortunately, there's mostly German content right now, but this is going to change this month and Most importantly for all, you know, everyone who's a trader who has to be responsible for his own decisions never blame someone else and Because of regulations I have to read to general disclosure All book map limited materials information and presentations are for educational purposes only and Should not be considered specific investment advice nor recommendations risk disclosure Trading futures equities and digital currencies involve substantial risk of loss and is not suitable for all investors path performance It's not necessarily indicative of future results And let's hop into the markets So the first thing basically what every trader should do is there is a very great website called trading economics and I want to get an overview of what sort of news are there are today We have Thursday 4th of April balance of trade in Canada, it's not is that important for us And we have balance of trade in US statistics. Basically, I do not Interpret what the numbers are meaning. I just want to know when news are released So I cannot be in the market and I tell you now a true story and was in my life trading room yesterday, I really got somehow screwed. I At 4 p.m. Central European time The actually the yeah news came out and during actually two minutes before basically I take out all the orders in the market, but then I got disturbed or distracted and I forgot during that two minutes to take out my orders and then yeah, the news was released and the market simply run over my through all my Orders and even the final order the stop loss was not triggered was a very nasty Moment in a couple of minutes. I lost a few grand, but luckily somehow the day Saved me and I still made a small profit in trading yesterday But you can see how quick Trading can be if you're not Exactly at that moment Ready in your mind yet to take action and then you get these crazy moves now if we look here at Yeah, it's 230 the news came out. This was simply a small move. Yeah, that was not a big deal Basically, it's like this But if there are any any Yeah, surprises yesterday market still kept running upward upward upward upward and it was so fast Yeah, that every order was triggered and even the stop Was not executed. I didn't understand why Basically it should become a market all about somehow the market just run over it and then I got screwed, but that's trading and Luckily, it did not kill me. Yeah, it's like that. This is you also have to Calculate in your trading the black swan event If something like this happened, you know it Is it going to be your last day of trading or can you still survive and of course? I still can trade another day. That's always it's not about today. It's about tomorrow. It's a saying for traders that's okay. I Still have to have money for tomorrow. So the second thing that I'm basically going to do is Checking The CME group website markets and I look at the settlement price, which is important for me. I Can find this settlement price here We are trading the June contract settlement prices five to six six point five and I have my My cheat sheet so to say I have to enter it here 24 then Important numbers out for me the opening price. Yeah, and Settlement price and the initial balance high and low. This is the high During the first 30 minutes of trading and the low of that first 30 minutes And then I get a delta and I can see what sort of day we can expect if we have a low initial balance In comparison to the last days, then I know, okay, we might have a break out during the second day second half of the day If we have a large initial balance at the beginning then like 32 or more Then basically, I believe the market will move side wards, which is for me I will sell the highs and buy the lows Otherwise if we have a low initial balance, I will start to jump on the trend to buy the pullbacks It's a very important Number for me. It's also a very traditional way of trading. I learned this during the 90s at the beginning of 2000 that basically if The banks if the brokers or the traders get the orders from hedge funds There are huge clients and they have to buy Market at below this and this price. Yeah, so then I get an impression if they're already transacted all their trades or not now let's see we have The event I call it event and many times I like to add a V web at exactly this event price standard Right-click and create an anchored V web here This V web can be important during the Whole day Configure add-ons I will give this V web a special unique color. I will delete the other V webs This V web I call it event and And Exactly want to have this at I will create it. Let's say yellow So and let's see what is going to happen during the trading day when the market will Come close to this V web. Basically the idea behind this is at that moment of the news when the news were triggered automatic I buying programs were started buying or selling or whatever in this case buying problem of programs and during that time normally you cannot Enter your full market size So you simply have to find a benchmark at which price it's favorable to buy for this Most of them using the anchored V web So I entered the V web here and now I believe every time the market will come close to this V web Later on during the day that there will be more buyers section in the support zone Some kilo here. Good day or best greetings to South Africa. Are you in Cape Town or in? Where are you in? South Africa if you have any questions just Put them into discord or here YouTube and don't forget to hit the like button on YouTube only 11 likes and we can do that better And the market still going back to new highs. Yeah, now let's have a picture at the Have a look at the larger picture on the this is no euro US dollar Oh No, it's not the market I want I want the ES And that is the wrong chart window Sometimes you get Okay here you have my chart. No, it's not one second here. I have to close some unnecessary windows Sometimes it's a little bit confusing if you have to move all the Um Windows from the charts from one window to the other. No, I did not find my My normal chart. Let's see which one is it? That's one. Ah, yeah, that's my one exactly was my I'm going to Move this one to here No, we got it. You can see I have a lot of Lines in my chart, but these are basically two sort of lines Initial balance high initial balance low is in green. I will move this one up and down later Then I have the opening price which is always important for me in yellow and I have CSP There's a settlement price from each day, which are basically always good support and resistance zones Now I forgot to know I have to enter the The Settlement price from yesterday, which is this one five to six six point five can close this and I add here 66 That's a nice zone. Also. There's another settlement price close to it. Well, actually I'm writing the fourth of April. Basically, it's a settlement large price from yesterday But for my understanding I just entered it today Now what we can see is probably if we have Well, if we maybe start to get to get close, we have a very nice support zone here at C 65 66 Of course, we are far away from it right now This was yesterday's We will take this one out, but we can see here what happened to give you a better idea where I got screwed I can take out see just let have look at your regular trading hours That was the initial balance basically to explain this area here See low and see high with only 10 points Not much to trade during that time and then the news came out and the market simply Broke through and this is where I got screwed with my orders because I didn't pay attention Basically because I got distracted But that is in here my fault, but I simply got out of that Bad trades still was a profit Then you can also see I added here at this event a V web and this we were later on during the day Becomes always a point of support and resistance Then we also had this sell-off later during that day Where I actually could yeah take some profit I will take out most of the V-webs here from the yes from yesterday. Otherwise, it's getting too confusing These green zones are support and resistance zones for me. I Also want to have a look at the point of control from yesterday. So I will simply draw a volume profile Then I see we have the support zone at five to seven five point seven five I will extend that line and I simply call this we pock virgin point of control So later on when I look at the market in a shorter time frame, I know that there are important zones Also, basically this one we can also add this have a closer look also basically, I do not look at let's say I prefer to watch at the Regular trading hours and now we can have we can see here. We have a huge Opening opening gap up with 36 points. So my first idea is always that the market actually might have Get close that are the best trading opportunities then simply I wait if the big gap close opportunity Arrives during the during the day To enter the market. They are not currently we are trading at five three oh four Going into the next resistant zones. We have at the five three fifteen point of control Check it on the fifteen minute chart from this zone interesting Resistant zone it will be difficult to go through that line. I believe you at this point here We can have nice turnarounds. I Will keep that in mind Also this I'm always like to look at these sort of Rotations they always offer a good training opportunity because I know at these zones was a lot of Volume accumulated and when the prices are going to that zone that there will be Resistant zones and we have this movie park and the Opening price as well. We keep this on in mind and what might be also interesting anchored V-web from the bottom from the low always support zones at the five two five nine Now for me, I'm getting then a better picture and Which zones I can trade and I can can compare them in book map And if we see a yeah If we see liquidity at this levels then of course we basically basically have high trading Possibilities hello demo trader Can you use ninja trader with book map eason? I mean these are two different Systems yeah Ninja trader is more like trading view a charting software and book map is the order flow software. I Basically suggest to have to sort of Trading software. I'm using book map for the order flow, of course and for my trading execution Because it's yeah the fastest execution that I know and Then I use basically trading view for my bigger picture to analyze the markets. I like trading view because it's Fast easy. I can analyze any market very quick. I'm used also trading forex markets I'm training CFD's and I can get a quick overview here Other trading software used one tour before but they're also very good ninja trade also top-notch software Just for me. It's sometimes too too much of Too much of a software. I don't Need that many functions Aloha, Santa. Yeah Well, you basically need the book map data feed or a rhythmic data feed. I'm using rhythmic personally Hello Dasha nice to see you Hello, Texas UAV pilot. Nice to see you. Oh, no, let's wait for the opening And we can enter a new VWAP. So I call you the session VWAP which is starting with the opening Right now. We don't see any How I can say any surprises in liquidity For the moment Let me close the window shortly. It's raining heavy rain outside So I'm back again Hello, some tax. Nice to see you Let's have a look at the spy. That is the exchange traded fund on the S&P we can see that we have a Yeah, little Volume stacked at five to four Which basically can suggest that the market will open a little bit stronger again But the clear picture we only get after the opening bell and then we can see where the liquidity is lying Otherwise, we can also have a look at other markets. Let's have a look at oil. I like to trade oil a lot Or we came quite strong It's a moment. I have to get the Get the oil chart Okay, we broke It's good a V-webs from the highs V-webs. I put the V-web on high on low We can see the market simply Broke the V-web from the from the high one twenty nine That's actually a very bullish sign Cannot see that we've appeared to go to like one hour chart Okay, we broke that a V-web from the high that's sure that's good So basically we can suggest we have the retest here on that line at around eighty four point seven nine and Then that's a market will move higher to eighty seven point five to this breakout level and The support zones are simply the V-webs below at eighty three point four one eighty four point six seven what do we have here eighty four point six seven This zone is eighty four point fifty we have liquidity that would be a zone Where we could think about an entry retest to the V-web the zone looking for Market sweep, yeah something like this and then try to find an entrance point Laura also nice to see you Rob Davies. Are you straightening also? I've been using V-web with its events Yeah, definitely Rob that similar to my style the standard deviations I'm using with the session V-web at Yeah, when we have in the market opening is happening in a couple of minutes Where does the market wants to go right now? Well, the big resistance zone is here really at five three O nine 11 12 13 we can see there is liquidity until 15 There's this big area of the point of control virgin point of control from Two previous rotations, which basically the market should not simply run through it Also, we could see it yesterday. We had this strong up move and then There was a strong down move where all the yeah, basically this rally was Terminated and I believe it To be again, yeah the same situation now We have overreaction on the buyer side and then probably we will take out the highs Maybe dip into this 310 area and then I think that we will you know run for gap close Now we can see mostly during the first half hour of trading. We have really a quiet market low initial balance and Then during the later days and basically around 9 p.m. 8 or 8 to 10 p.m. Central European time The last two trading hours the market will make a strong move and now we are going to open soon Market opening is happening in a few seconds terminated Where is the up move was terminated? That's my meaning if this is correct. I'm not sure sometimes my I'm not a native speaker Well, now we are hitting to this 10 Our market is opening now. Let's add the V web Create new line For this one, I'm going to use the standard deviations. I'm drawing the opening price See at 5 305.25 So now we can see the market is moving between these first and second standard deviation and Basically, I really like the V web. I'm Saying this in each live stream my trading niche is basically try to understand the algorithmic trading and the V web is a important tool for Algorithmic trading when to it's like a benchmark when to see when to At which price it's fair to buy and fair to sell. Let's say if I buy below the V web, then I'm a good trader if I buy above the wee webs and basically as a trader I am Buying too expensive and I don't mean now that trader like us. I mean like trader who work for banks You must execute larger orders They have a different Payout system. It's not about making profit with buying and selling. It's about getting a good entrance price For the client. How can you see any surprises? 5 2 9 5 92.5 we have some But no huge surprises in liquidity at the moment Switching back to regular trading hours We have a big gap that we can hopefully close. It would be a nice trading opportunity Also again a very quiet Trading no Volatility no movement. It's basically starts in the second half of the day Let's see Pretoria some kilo. I haven't been to South Africa yet, but I have a friend from there Hi, Peter. Hi, Rafael. Nice to see you From Kenya on my blog nice very nice So, let's see if we can hit the 5 3 10 take out or absorb the liquidity Which is also the opening and the VPOK Range above here. That is a strong resistant zone. I don't think that we will run through this Can you tell us how to read order flow? AVL gaming Well, let me ask you what exactly do you Want to know do you have anything special in mind? Otherwise, how to read the order flow or liquidity for me? It's always important to see what is a big picture This is what I'm analyzing before the market opens and then I want to see if I have interesting zones is there also liquidity available like see 5 3 10 we have at 5 3 10 Virgin point of control We have opening prices. We have settlement prices and at these are important resistance zones if this is in conjunction with The liquidity then I know that I might have nice turn around trading opportunities Same at C3 15. We also have a point of control at 3 15 many times this price was Traded, but then the market did not go through could not pass and then we always have a quick sell-off These are opportunities that I like to see and then of course what is happening during the day is new liquidity coming into the market or not and then at which levels and Also an important Yeah, I think to see for me is are there market sweeps This basically you can see if we have like your V shape the market is Quickly going down and then going up. This is like yeah the end of a trend mostly and we can probably predict Turn around well if I find some examples for that I will Big orders well the big orders we can see on the right side. Yeah For example, it's three 5 310 big orders are 300 contracts. This is not really big. It's larger big I would say everything above 1,000 lots. That is the big big orders big order number 100 is normal at the moment. We can see here. We have everywhere around 120 130 lots then we have little larger orders with a larger than 200 to 50 and We are around 300 This is common right now, but these I don't call big orders larger orders at the moment But it also depends on the environment. Like for example last year or especially during summertime. We don't have triple Contract sizes in the order book sometimes only 20 30 40 50 contracts on the bit and ask side And then we have a very choppy market where you must be carefully with trading or you have to adjust your stop loss Now we are hitting the event V-web. This is the anchor V-web. I put on at 230 p.m. We had news in the US the market reacted to this So there is somehow an importance and we could see if we might have a support zone here but I would not basically Enter the market at this level. I would see if we get sort of liquidity here and we have liquidity a little bit below 98 97 but it's not that strong English is excellent the Terminator rose Thank you big spark Yeah, I'm happy about I'm happy to hear that. So now we're actually hitting exactly this V-web from the news time Let's see what is happening If we can see a reaction, I wouldn't rate this right now because there is no No confirmation on the other side. Yeah, no liquidity. So we can also see there's no nothing to it The next target would be simply the 92 50 93 There we have a Settlement price in this area opening price. So this could be a nice support zone Okay, the market went nearly close to that liquidity. Then we have the reaction to it Now what's the market basically does is a retest to the standard deviations the second one and the The V-web These are very nice trading Ideas to trade the standard deviations the first and second one either in trend direction or simply as a Support resistance for me. It's important to look at the beginning. How does the market actually react to the V-web and standard deviations? We can see right now. It's a little bit choppy and the The the level from five three oh Two to five three Three oh oh is not that large only two points. It's not there's no room for me to trade I like to trade with if you look at here five tick Stop loss and twelve sticks and profit target. So I cannot see this opportunity Right now because there's no volatility. So I still have to wait for my for my chance We in how often do you trade in a day that depends on basically? Depends on the day like five to ten times but there are also periods where I Probably only make one trade and that's it because the market doesn't give me any opportunity and Right now is the period where I simply trade Very very Carefully during the first trading hour because we simply we simply don't have any volatility So then I'm looking to trade we are after 8 p.m. There are nicer moves like yesterday I Already said the first half of the day at 4 p.m. Yesterday. I got screwed I got run over by that news event at 4 p.m. Our time because I got distracted by my girlfriend and well that was I Was not amused about that. I did not take out my orders and well Went to a big mess But later on I still had to could manage my losses and end up in profit by the end second half of the day Stackage what time frame? You are using on the left. Basically. This is now we starting here at yeah 3 30 It's like five minutes. Basically. I can zoom in and out Like I I'm using this. I don't have a specific time frame here I want to see the big picture and if I'm entering a trade. I really I go let's say on a minute or second basis into The details on the right side. I'm using a one-minute chart David Marcellino isn't five tick SL to small for yes It depends on your strategy For example, I'm looking for V-web trades. For example like this. I know the market either is turning around or It will break through so if I know it will break through I don't need even I don't need more than five ticks SL I want that the market just starts touching the V-web or the standard deviation and then I want that the market is turning around like it did here. I Will give it two or three ticks sometimes with the market is a little bit choppy like here one two three four Yeah But I want to have this move market is touching going three points into my direction. This would happen right now and Then I made my trade. I have a risk to reward ratio from over two to one now if I If I deduct the costs, I am around two to one and well, then I can make money with the hit rate of 50% And these are exactly the moves like here like here The market is touching and Turning around because my assumption is not only my assumption My knowledge is that if the market goes to the V-web or the standard deviation The algorithm algos will start to buy or sell and then we will have this move of around 10 to 12 ticks And this is my niche in the market If you are now well, I would say that I'm in this way more or less like a skyper If you now want to have larger take larger trends with five ten points Or more in the s of course and five ticks might be a small stop But for me, I simply I don't like to be too long in a day trade my trades are basically below one minute or Couple of minutes and I'm either stopped out or I made my profit. Let's have a look where is my Initial balance. Hi, we can already put it there. It's not done yet Initial balance low. I'm just adjusting this. We are now at 9925 and 07 Yeah, eight points initial balance. That's nothing right now. Yeah, there's no Difficult to make money during that time for me. But this is a very nice example. You can see here. Just touching the V-web Three points. That is my trade Enter the you welcome David. Yeah, it's 305. We are getting Orders Well, that's the opening price. Yeah 305 25 and What we can what we know is many times the opening price This is why I'm also drawing the opening price into my analysis into my chart It's always a point where the market is I'm reacting. Yeah, also here again for trading example Just touching the second standard deviation. I don't need a larger stop loss It's touching it and the algos will come to buy and the market is going up. You can see Sometimes I could even use a smaller stop like three ticks For those small three points movements, why are the opening settlement or I be important? Okay, because my niche is to predict what the algos are doing when are they buying and selling and the opening price settlement price and I be high I be low are all Points where algos starting to buy or to sell and if I see this in Conjunction with liquidity Then I have a high probability of a trade of a chance to trade and you can see if we start to come here now You already said three or five liquidity is coming that is equivalent to the opening price So I know traders are already positioning themselves On that area. It's always about having as much valuable information for my trainings trading strategy as possible to minimize the risk of a loss, yeah And then I can get a better chance of maybe having a win rate of like 60 percent and Then you actually make quite good and consistent consistent profits and also settlement prices from yeah previous days or previous months are also Many times important. We can see here settlement price from the 22nd of March It was always respected one two three before We can see the market still has to tackle these zone If I don't have that information, I don't know why I cannot Understand why the market cannot go above for this zone and this is and simply Setting orders coming into the market because they are in the algorithmic Trading programs Slowdown Let me check the discord question Okay, Robert. Do you market profile on and single prints? Well, basically yes, but I don't need the market profile like Peter is doing that term to see that I basically look at the Wix yeah Long wix is similar to single prints in the market profile the different ways how you can actually Find or I identify these These single prints so now finally we have a break Little bit of Selling pressure is coming Hey, Robert on your training you chat how do long do you leave player sessions opening price on there? And what information do you look to get from when prices reaches a level that was prior session opening? Slow down. Well, basically I try to keep them as long as possible Because I figured out even after a couple of weeks or couple of months certain price levels still are important Because there are different players in the market There most of them are actually not day traders like us their pension funds hedge funds They go with huge Quantities in the market and then they want to have a certain buying level For price level which they consider fair and every time this market goes for example to this opening price or to this settlement price Which is more or less the closing price then we can see new activity So sometimes it's looking a little bit confusing, but basically all of these zones have Have a have a value for me to catch some of these small moves and we can also see to Pay attention on it. Let's say settlement price from the 1st of April at 95 Then I try to compare this to book map, but we can see here on 95 There is no liquidity. Maybe it's not important right now, but we have 92.5 There we have the opening price from the 27th and the settlement price from the 25th and we see liquidity here So this level has some interest right now David, so do you buy below Vweb and sell above what I am basically trying to Let's assume now. We are now in a downtrend. Yeah It's a moment. We have see highs the market is moving lower If I want to jump on the trade I would start to sell the 5 300 and now also we see liquidity is coming. We have the standard deviation We have the event Vweb. So I would assume that the trend continues So I would start try to enter the trend the questions always where to enter the trend I don't like to buy breakouts. Yeah, I Would don't want to go short here because then where should I put my stop loss? I have to put my stop loss above the high and that is too expensive for me So I would consider the 300 as a short level in country of the liquidity here standard deviation The event Vweb would be a nice signal Basically, I am using the Vweb and that deviation as support and resistance owns Yeah, I assume if the market goes here, there will be a selling reaction If the market breaks through I assume that here at this Session Vwebs, there will be a selling reaction if the market breaks through and Makes a retest on that Vweb I assume there will be a buying reaction because we have a change of trend. So I will try to jump on the trend Would you mind sharing the parameters of your Vweb settings? Definitely there is on on Well here on bookmap I Have basically is a Vweb at 230 Central European time because it was in use today the market had a reaction then I have the I Can also call it session Vweb, which starts at 330 Central European time Or 930 New York's time and I have the first and second standard deviation That's basically it. There's nothing more to it. There's no reference. That's nothing. That's No reference points. Nope bands this the only thing that I'm using If I want to enter a Anchored Vweb, I simply add go to the high level right click with the mouse create anchored Vweb here Then I have the Vweb from the high and we can see the market Actually is touching this Vweb, but cannot go above and Then the trend continues and as long as we are not going above the 01 301 We are still in the downward trend on trading view I Basically use the anchored Vweb Well, you can find this here trading tools and cut Vweb and I have different templates The first template is simply bands multiplier one bands multiplier two. I have here source open high low close divided by four Style you can enter the colors that suitable for you then you can save it on Templates and then I have a session Vweb a Vweb intraday, which is basically simply high low close divided by three and One color one line. That's it. What I'm using so now the downward trend is continuing and Okay, just Changed my session Vweb here back settings session Vweb, okay And we are go continuing now and we was just went to the settlement price and now Regarding to the other question you can see now these levels still have a Important, yeah Touching the almost touching the you know was touching the settlement price of the 1st of April and Now we have the pullback Nice trading opportunities So you would never know or never assume why the market out of nothing simply makes this pullback If you don't have this information, so that's important for my training That's also the problem. Well, if I would be a breakout trader and try to short the market here when we break through And I don't know that there is this Resistance zone. Yeah, I would have a loss trade or it would become Yeah difficult problems Why don't you use the third standard deviation? Isn't that considered as price extension? Well, I would use the third deviation if we have more volatility in the market, but now we are on a Volatility low for since I don't know how many years You can look here on the wicks utility index We are at 14. These are like all-time lows. Yeah, if we have a volatility of 20 or 30 then the third standard deviation makes sense for me, but we simply don't have that moves at the moment So now we see exactly hitting the settlement price and then the rally is starting Now the next Control or the next resistance zone is here at 300 We have the view up from the high the event view up and the session view up. Yeah now we have Now let's see what initial balance we have Or if I look at my cheat sheet we have an initial balance delta of 12 points It's not high. It's not low It's average the moment if I look at the last two weeks of that contract No surprise and we can see here the V-web at the 300 actually Good resistant point and now we can see at the session V-web also liquidity is coming into the market at 01.5 You welcome mr. Cage Well, and please hit the like button again. Yeah, 74 people watching. That's awesome And on discord also many people. That's very nice Now the yeah, it's decision time. Where does the market want to go? Direction of gap close or new high, but it's not Easy to go simply pass through these levels Now if we break through this zone, yeah, then basically I would enter a new and cut V-web at the Bottom I would assume that we have a change of trend We can see we added it here really market make the retest to the anchored V-web Then buying pressure came into the market Now we are in a sort of pinch zone. Yeah between two V-webs. Now we have to see what Does the market want but like I said, there's no Coincidence that the market is exactly hitting the a V-web and the buying pressure is coming So again to the point of where is your stop-loss? five ticks are More than sufficient for my trading hmm Now we can see there's no No decision at where to go Yeah, thief 5 300 hit exactly at the standard at C V-web. Yeah, very clear Signal so there's no need for larger stop-loss for my training style now. We are hitting the liquidity here at 96.75 I assume this will be taken and for everyone who wants to learn a little bit more I'm having my English speaking community called traders mindset school.com traders mindset It's for free and we will actually put a lot more content Into that community during the next week And then you're up to date on basically my V-web strategies. You know, so put the link here Then yeah, basically I would say now we have again quiet Opening a little bit more interesting than yesterday. I I Expect probably bigger moves during the second half of the day Otherwise, I would I would say we can see each other in my community or we see each other next Thursday again at 3 p.m. Central European time or 9 a.m. New York time or wherever you are You can find it on book map. Otherwise, I can only advise you to actually Join the book map Academy here. Definitely very great content over there and start to post your trades on the book map discord channel It's very important for yourself to learn and also for others. Yeah Trading for me is always to learn. I Don't want to be I made as I was young I saw how the floor traders were dying and the online trading was beginning So I don't want to end up like a floor trader So I have to adapt every single day to learn and if you're in a group in a community You can always learn more and faster Yes, I also have a YouTube channel David, but this one is in German right now the English YouTube channel. I have to start Still question here mine drive. What is your trade management style with smaller moves like this Are you looking to move to Brie after a certain amount of ticks or take some off or just let the trade run? if I see that's a market actually I Enter the market in the market moves like 10 ticks into my direction. I basically takes a break even plus one. Yeah Sometimes it's also like sometimes I don't hit you 12 ticks Yeah, it's just the market moving 10 or 11 ticks and then I know the move is done Yeah, but then I was simply unlucky and I would go break even Like I said break even plus one okay, I Will wish you a nice weekend and see you next week or see you on discord or wherever. Bye. Bye