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Some of which are described herein. No representation is being made that any accountable or is likely to achieve results are not so 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 inspired by trading losses or 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 in simulated trading or in the preparation of hypothetical performance results and all. Of which can adversely affect actual trading results. This trade room and its webinars are not intended to mirror my trades or to give specific trade recommendations. Analysis and setups I share are trades and potential trades that I am taking for myself based on my personal analysis. The goal of this room is to teach trades how to identify specific areas to trade within it for themselves but ultimately the decision is yours. Trading is extremely risky and if you do decide to follow my personal trades you do so at your own risk and can potentially lose your entire account and even more. I am not always profitable and have routine drawdowns on my trading accounts. The spreadsheet you have access to is my personal spreadsheet and I use to enter zone values and ATR values that help me pinpoint 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 long or short. You have the ability to copy the spreadsheet and enter in your own values and use mine to confirm zone prices until you are able to draw the zones correctly yourself. The 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. Soy oil ice iceberg sells EL 165 contracts. You can see when I enter zone consumer conference flash July reports on the feed as well for anyone interested. Hey, hey Scott we can't hear you over in YouTube just. Not sure what's yeah yeah. Can you guys can over in YouTube can you guys hear Scott. Yes or no. Or can you just say something. No, they can't hear you they can hear me though. Try. That's me. Yeah. When you go to. Let's see if I can find out quickly. I think maybe you want to see what I have here. Yeah, try going back up to settings in OBS and. I'm not sure. Gold's top cell GC. 192 contracts just looking here. Yeah, let's see Sam. Sam's got it here. Sam. Thanks. Try adding audio. Capture in OBS. So in your OBS. Okay. There's a plus tab on the lower left hand corner. Okay, and then add. Audio output. Just just click on. Or I'm sorry, audio audio input capture. Yes, so so so go go to the lower left hand corner, very lower left hand corner of OBS. That's scenes. Okay. Yeah, sorry under sources under sources. OBS sources click on the plus tab in sources. Yeah. Then audio input capture. Okay, and select that. Okay, I guess. Yeah, try that. Try. Okay, it looks like it. Okay, did you hear me now? I'm seeing the thing move. But see it's not picking up on desktop audio. It's picking me up. Yeah, now it's working. No, the desktop audio is not. It's working. Okay. I don't know why the desktop audio is not moving when I talk and moves when you talk. All right, they say they can hear me. And I was just, I was just exed out of OBS. All right. Thank you. All right, guys. So I'm assuming you guys in here. We got to do disclaimer again. Sorry about that. It's 90 seconds, but it's got to be done. Because I'm assuming you guys didn't hear it the first time. 90 seconds. When you heard the disclaimer. That's where it probably picked up my, it picked up my computer audio, my microphone. All right. Sorry guys. It's just a big pain in the, you know what? These are different computers that I've been getting this YouTube broadcast software on the last two weeks last week. You couldn't, you couldn't see the picture. It was blurry. And then today was the audio. All right. I think we're set. Not that anything's going on anyway. So we didn't really miss anything. So like I was saying at the beginning of the broadcast that you guys couldn't hear on YouTube. I'm lost to one quote unquote vacation. So I'll be back on the next broadcast. I'm now currently in Florida. So starting next week I'll be back home and everything will be back to normal. But thanks for bearing with me over the last couple of weeks. A little annoying. Anyway, watchin' Nasheq here at the open. There was some cell ice. That's this, actually I deleted this. This came in after. So the cell ice zone was right in the same area, but she had some bias. That's the slight blue zone. You actually had all this bias in this light blue zone. And then some more came in here. 350 300 here and I was waiting for a retest of that zone There are some numbers at 9 9 a.m. They came out and we still haven't come back to this this last zone here And nothing's really happened since so We were just waiting for some kind of retest or another setup There's really been nothing else. Let's check our alerts page. There's some restless stuff. We can go there check that out Uh Have some gold stops That's the latest thing. I guess we'll look at gold since something's going on like I tell you guys every weekend my trade room Gold stops are diamond dozen So I don't usually trade them unless they're in important areas the stops that is if I see icebergs I'll trade it if we get threshold icebergs and Threshold for gold icebergs and stops are 150 meaning I need to see 150 on this up chart to To make that a tradeable amount I'm not seeing the stops here. Let's turn this off. We'll go over some market polls Uh, you guys probably get any knows about this. They came out. They come out with the This indicator not too long ago That's showing heavy buying and heavy selling This has been a really good indicator like for short term short term trading So the SI indicator setups are a more concentrated volume, right? So that's why we're usually looking for bigger moves off of those and that's what we go over on these webinars, but these these buying and selling I have mine set at Yellow and black here on the sub chart. It's kind of overlapping. Let's just give the other stuff off so you can see this You can see this is just showing I'll show my settings too We're to market polls as you're at on here This to expand So I have mine. It's about it's called volume pressure and balance. You get four different options here I'm using the volume pressure and balance And I'm using I have mine set for one hour and then you have the delta percentage that'll show in the sub chart So it's just showing you the highest buying and selling for the last hour So that's what I want to see you can set it for any time period you want and this is still experimental on my end But I'm seeing some incredible things with it But there's going to be some you know shorter term a lot of you guys want to scalp. I mean Like I explain all the time. My brain is geared towards scalping. That's why I was a scalper to begin with in the old days But it's just you know this day and age. It's very very difficult to scalp by hand You know clicking a mouse But you know the closest thing to be able to to be able to scalp these markets Is not trading off the dome. I get emails all the time I ask me how you trade off the dome. You don't trade off the dome It's not possible as far as you know, these are algos and the stuff is not reliable as far as leaning on size Right, like if you see like a hunter lot like this right here You can say I can I could buy some of here and if I need to get out I can get on an honor Well, it'll come down here and I'll turn it into like a 10 lots. So this is not reliable this stuff to scalp off you know from my brief experience with it so far is scalpable, but you know, we Point out some potential trades off of this. They're you know, they're for shorter term moves They're not they're not looking for huge moves. It's not that you can't get a big move off of here But the bigger moves are based off, you know, these si indicator setups, which are showing you The fair and green areas of the 100 which indicates extreme greed. That's my main Green index is at 56 out of 100 which just indicates greed That's the main driver of my trading obviously is the si indicator setups that's been for the last five years, but You know, you can use this to judge You know, even if you have positions on right so for instance say you're shorty or short gold here And you're riding down and you're looking at specific areas Which we'll we'll go over when we get a trade on that certain areas that I look off Look at to get out of some positions, which you can also use this information too where You know, you can see this heavy selling sometimes it stops, but you can see this this was part of a stop This was a little bit of a stop run, but then You know, they're still trying to hit this you can see it in the sweeps indicator as well Well, that's important information on what happens from here on out because Obviously the sellers are aggressive here and the market's not doing much, right? So my point is if you're short here, you're watching this closely like, okay I'll give this a chance in this area. This is basically the zone of this heavy selling This starts to rip out of here You need you should be getting out of some because the sellers are not winning, right? It's very basic common sense Approach and that's how you will make money trading the more difficult intricate you make your trading the worse you're going to do From my, you know, 20 plus years of experience. That's why everything I do is based in very fundamental simple thought process of Volume and volume drives markets, right? I don't care how many lines you have on your chart What you're using the stuff doesn't mean anything unless the real-time Is Make your trading simple you can use whatever indicators you want I'm telling you is use this information to validate or invalidate the areas and you'll You'll be a much much better trader because this is this is the key information and I talk about every single webinar for five years All right, so anyway, I was going to draw the stop run So let's get this the only thing I don't like about this market post and I've talked to him about it It's everything's on the same chart So you got to like pull it on pull it off and it you know get a little tedious So I think they're coming up with something they're they're coming up with the market post too. It's going to draw Which is really cool. I just took it off But you know market polls you see the heavy selling and it'll shade the area where that so you can actually see the prices Instead of you know zooming in and out which takes time, right? So A lot of promising things with the market polls and I think they just said uh it was part of the I think the si indicator, but now it's going to be a standalone and the thing about market polls too It's very to bring it up one more time since we're talking about it. Um This is not based on mbo data. So you don't need it in the enhanced data to have this indicator, right? So a lot of people are trying to cut costs I always say don't be cutting costs with the si indicator because it's the main driver of these markets and to be able to see what's going on But you can get the market polls that is not going off the mbo data and you can use it for things like crypto and things Like that as well where yes, I see an si indicator only applies to the cme mbo data, right the market by word of data that that enhanced data So you can't get the si indicator on things like cryptocurrencies and stuff But you can get the market polls for that as well. So All right, so back to your again, there's nothing firing off in any market right now This is typical guys. This is why I took my vacation right now They typically this is the time of year that it's completely dead, right? So that's why I chose this july time period to Go on my little vacation even though it's not been much of a vacation I had a caddy for my daughter and two different golf tournaments, which I love but it's that's work, right? and then I got the great pleasure of going to disney disney world last Monday and tuesday, so that was a blast minus the blast part complete torture for him to build like I was just I was even telling my daughter's it's like this is such a waste of mental energy Like look at all these people just standing here for an hour and a half just staring into space It's like if everyone like had like a goal of like coming up with like a cure for cancer And everybody just thought in line instead of just staring out in the space You literally could cure cancer, right? It's like it's just such a waste of time in my opinion if you're not a kid But you know, I got to do it for my daughter's. We're at the very end of the one daughter's about to turn 18. So she's not gonna be Wanting it anymore. There's like now like she's a little kid and my other one's almost 13 so I think that was my finale at disneyland, but That was my quote-unquote vacation, which is complete torture with us. But anyway, I digress All right, so this was the current stop zone here again. I'm not We may trade this if there's just nothing happening, but I usually don't trade gold unless it's an important area. So let's take a look at some potential important areas here All right, so these are the level levels and actually I'll trade I posted this earlier I mean I show this earlier. These are all everything I'm using obviously website email. You need to go hold me twitter Here's my trade room. I do this every day, you know when I'm on a vacation obviously Twice a day. I get come in here and analyze the market's live trade Here's the link to my indicator course. No one's coming out here shortly as soon as I get back I should have it completed And then here's the links to all the discounts for everything I'm using right book map. You get book map discounts mbo bundle The apex trigger funding will go over that spot gamma tick strike. Actually, I gotta start tick strike because it's You gotta at least have some kind of annoyance Yeah, let's get this going real quick so This market pulse is it's like a version of tick strike on steroids, right tick strike is It's helpful and I've used it for 15 years and you can see this right here You can see their hammer and their thing stocks and you shouldn't see over here It's helpful in identifying markets that there's activity going on, but it doesn't Show you like the prior history, right kind of like just like this market pulse, right? So I can see this going off right now and I know obviously they're hammering these stocks But it won't show me there's no history on it. So I can't go back and like do And see tendencies like okay What are what are the markets do when I saw all these hitting negative this goes from 1 to 15 Both buy and sell so when you see negative 14, it's it's almost max selling in microsoft for instance Well, I can't look back and say unless I used to literally video record this to see well What the market would do when this stuff would occur well with market pulse you can actually go back and see it So this is kind of like a 15 I'm on This is the setting I have this was 100% of selling meaning for the last hour every one of these settings But the point is I can go back and see okay. What's the tendency and the release of the market Now when there shouldn't have you selling here, you can see that was this market way retested yourself So that was great information at this time of day, but Market pulse is like tick strike on They're different, but they're similar. It's like tick strike on steroids, I guess All right, what was I just gonna look here help me see if we're What a place here let me post this in the YouTube room if you guys need it And I'll post it in the discord room as well See where with the love so we have new love with level series And this is the second most powerful thing I've ever seen in my trading is these lovely levels Just look just go to our website. It's on that sheet So these are awesome support and resistance right the blue and the red are the major lugs love with levels The blue is support with resistance Not only you can you can play them for targets Or fade trades But also when you draw when there's conditions are right to draw new lugs We call them lugs So I have to say like levels 85 times in the webinar when you draw new lugs l e u g s The market should behave a certain way if it's headed to the next major look right So when you draw new lugs here, this market should hold if this isn't truly a bearish market We're gonna go right now. It's gold stops top sell gc 192 contracts. Thank you. If this markets continue to be bearish it should hold Directional yellow that's kind of like the mean or the v-wap of the lugs Or the point of control of the lugs whatever she's using for her metrics That's the point of control it should hold prior yellow I'm sorry. Um current yellow direct Current directional yellow prior red If it's if you're going to continue to lower right if this somehow can get a bus Oh, I think I just lost you guys Now it's that reconnected Can you guys hear me? Sorry about that? I don't know what's going on with the lbs That's another thing extended downside moving the s and p here's All right, you guys can hear me in that 45 percent of the question it does seem to have a retrace the move from just before the cash x You might just lost I might have just lost connection for a second. I'm on wi-fi once again, so Um, anyway Let's see if you guys can hear me something just texted me in my trade room so they can hear me. Okay on discord If you can't hear me, let me know, but you probably can't hear me to hear me and tell you can you hear me? Somebody on youtube, please. Let me know if you can hear me. Anyway, uh market profile So when you see these shaded areas, these are just composites meaning these are daily value areas This is where 80 percent of the trade happened in a single day. This was the next day. This is uh today So what I do and make you run in uh youtube So if the value areas overlap, I just merge them together and it becomes more of a much more powerful area, right? So this is the last two days. Let's get this So we're talking about thesis, right? So this is the last two days So I'll draw the composites of the two days or more and obviously the more days you have the more powerful it is All right, so that's the prior two days. So I'll come up with that like we just talked about This is based on what's going on with the lugs. Well, I'll also come up with the thesis based on what's going on with the current market profile So you can see this is attempting this attempted twice already today We'll get today's trade here And I'm using Sierra chart for this stuff So this is the second attempt to break down out of this two-day composite area So that's telling me if this can get out of here. This is bearish as well And then the third thing I use for my trading The third thing I use to come up with my thesis and probably the most important Is the bigger picture of you, right? So we got the natural gas coming inventory and then we're coming on to um So these are these zones are called inflection zones So there were important things happening for important part in the areas of trading So tops and bottoms of balance areas and many times these prior things that happened earlier The lineup of things are happening that gas isisberg cell ng 153 contracts Here we got a net gas set up somewhere over there. Anyway, tops and bottoms of balance areas are important areas high volume nodes Of balance areas. So that usually high volume nodes right in the middle of a balance area That's where the most trade occurred in a balance area, right back and forth trade And then buying and selling tails like selling tails selling tail and seeing both of these reactive tails are very important because it shows instant reaction to the the areas this is an hourly chart So it's not instant instant, but it's still showing you important areas where if you reject it rejected you can see a Lend of these downloads, right? You just want to not draw like tiny tails You want to look for the bigger tails and you just saw relative just you can use eyeball it And then directional conviction So like this is directional conviction This gaps are directional conviction as well. So we closed here. This is a regular trading hours chart. So I can see my gaps This is directional conviction. So those are the areas where I will draw these inflection zones. So So This is kind of like they Composite value area. Well, this is just the same look. It's just in a different chart, right? But anyway, if this breaks down out of here, well, I know we're breaking out of balance Depending on what it does in this prior zone that can tell me this is you know, short-term bearish short-term intermediate term Not intermediate. I still think this market is very bullish based on what's going on here, right? So this is gold again That's a fail breakdown of this larger structure. And then as you get more current You got to break out of this structure Then even more current you had a fail breakdown of that structure That was bullish and then that that's what should happen when you have a fail breakdown You should see that type of move and then here we are again. So whatever happens here You know, if this breaks down then should it be short-term bearish but intermediate longer term I'd say this is bullish, right? So you have kind of a cross current silver stops tops lsi 120 contracts But anyway, it's short term. This is breaking down. So I'm what I was getting at it I use these three things to come over the thesis for the day Does that mean I won't take long trades if this if this trade, you know, turn out to be a long setup? No, I'm a day trader. I'll take I'll take long trades as well But if I get setups in the direction of my overall thesis, which right now is bullish short term, I could trade my My setups bigger size, right? We talk about controlling your risk all the time We use this spreadsheet in my trade room where you put your account size in and the risk you want to take Again, these are all these are apex accounts that I'm doing through these for these different trading strategies that we do Hopefully we'll put one on today But you know, you don't want to be risking this is very aggressive on these apex accounts If you have a regular size regular real money trading account, you shouldn't be risking more than 2% on a trade. So if you got a $5,000 account, the most you should be risking is $100 on your trade So I know that seems low, but I'm telling you if you go above that you're going to have a day or Crap, it's the fan and you're going to blow out your account. It's almost 100% eventually. So If there's anything you want to freeze webinars, that's number one as I've all heard my stories Losing millions of dollars for no reason because I didn't respect my daily loss limits. All right Let's see what's going on in equities here So there was another See this is what I'm talking about in gold, right? It's like these stop runs are a diamond dozen So unless I were in a very important area like a lug or a market profile composite load things like that I'm not going to trade these stop runs in gold if I see some mice I'll trade it But they are they keep hammering gold here and see what the market pulse looks like So you can see market pulse isn't agreeing as far as This is showing me the heaviest buying or selling for the last hour. So we'll go over some examples now. You can trade that too There's Just there's been nothing in equities again, this is this is typical july summer mid july summer trade They are selling offer once though, which is quite shocking in its own, right? SNP ice iceberg by ES 738 contracts right on cue right when I brought it over the first Set up in yes today. You can see this bias coming in right now Almost a thousand counting You can see them hammering these These thing stocks. So let's draw this zone. So again, what you want to do the best way to draw these zones But I usually have my bubbles Default these bubbles are looking like that You want to get your last price line on the chart? So you right click the chart Go to configure visible components and then make sure last price line is Just this check that will help you because you can't I used to draw under the bubbles for years and that's not correct Right, it's usually the center of the bubble Well, it's really tough to try to gauge where the center of the bubbles are So if you take your bubbles off and you just use the last price line and that helps you draw your zone Right, and then what you do is you just you incorporate all the prices that happen in the spike Right, so here's your spike. You want something like that You want to incorporate all the prices that happen in that spike So that would go from there to there and that's how I draw my zones, right? So And I then you have the hot keys that you can set up where you're not having not I'll show you guys that here in a second too Um, so there's two different ways to draw these zones To draw this first and we'll talk about it And I know a lot for a lot of you guys this is all basic stuff But you gotta remember these youtube webinars is a lot of new traders on here. So I want to go over You know the basics for the important stuff that I'm doing So I usually color my zones the color You know color blind so it's as close as I can as I can see Just so I know what the setup was right, what game was that it was it buys was it sell ice was it Where they stops things like that. All right, so that's that zone So quickly So we're just sitting in this zone, so let's get the zone Let's get this all set up and I'll show you guys the basic stuff for the hockey's and stuff So this zone so this is a spreadsheet we use in my trade room I'm going to actually have access to this spreadsheet here shortly I'm building the website of someone building the website for me Where you know if you guys aren't in my trade room or you don't have time for the trade room And you do an access to the spreadsheet That's going to be an option where subscription based option where you can go and just have access to the spreadsheet Because I always get a lot of questions about that that will be here very very soon probably by next week So that'll be an option. You know if you don't have time to join the trade room But anyway with the way we use this in my trade room is we put our zone prices in So the zone top of the zone is 45 75 the bottom of the zone is 40 45 72 50 Let's put that in ATR. So we're using a five minute Wilder's ATR 14 period Wilder. So this is just the default and thicker swim You can set up most any software trading software to this exact ATR. I'm using a five minute 14 period Wilder's ATR Copper stops top sell HG 199 contracts. This is just showing me the last This is based on the last 14 periods of the five minute bars. It's telling me the current volatility. So you can see In the middle there and on the right 3.58 So it's about Little more than three and a half points every five minutes. This thing is rotating volatility. Why it's very very important in your trading Until you guys this every single week you You know, you are they're putting in orders and having these static stops for your orders, right? Meaning, all right Well, when I get long, yes, I like to go long and I like to risk three points Okay, the market. Yeah, when the ATR is three like it is now, that's actually fine But what do you do when the when the ATR is 12? You're gonna be you're gonna risk in three points Well, you're gonna get stopped out 90 98 percent of the time just on random stop stop sell and q 237 contracts So the point is I this is based on the market cares about two things It doesn't care about your trading account. It doesn't care what you want to risk It cares about the current volatility and the volume events, right? So that's what we adapt to We don't we don't impose our will on the market and what we want to lose what we don't want to lose We we let the market tell us these areas and the volatility and that's what gets plugged into the spreadsheet, right? So currently and then how we judge these areas and this is from watching thousands and thousands and thousands of these setups and all these markets for the last five years I've determined figured out the best way to trade these is to wait So wait, I don't know whether this is a bullish setup or a bear setup yet, right? So what usually determines whether this is a bullish or bear setup is if the market is able to push a full atr away A current atr away from the volume event that is showing you it's got enough strength to at least push away an atr That'll tell me. Okay. This is bullish or this is bearish and those prices are in this spreadsheet So if this market gets down or gets up to and there's a validation price 45 78 50 This is a bullish setup. If it gets down to 45 69, it's a bearish setup. Very simplistic, right? That's why I keep telling you guys keep it simple stupid, right? I'm not calling you stupid keep it simple stupid So that's how I determine it. So that's my that's step one Step two is to see where we're on the bigger picture so I can figure out what trading strategies. I'm gonna use I have We have a basic trading strategy. It's called the barf. It's the blind atr Retest failure. That's this What is that? That means any volume setup you get no matter where you're at you're taking the trade Once it shows its hand meaning once it gets the validation price So this is obviously a very active trade. It's the most aggressive trade any volume event that you get Which is inherently the edge you can trade if it goes atr retest and then failure meaning it comes back again Then you can go short if it goes atr retest failure this way you can go along Right very basic doesn't you can trade this on its own without any other inputs any other charting anything And it's an edge right it's obviously probably the lowest percentage edge because there's so many of them And you're not be you're not adding in anything else as far as important areas like we look to market profile or whatever you deem important This is just whatever wherever this fires off you trade that if you just traded everyone that you saw You would this is an edge right and I proved this I'm trying to go through it now with my with the apex of cons, but I did this December of 2021 where I traded Nothing, but this is before apex and everything else but nothing but Basically bar setups and I didn't care where we are in the chart I waited for my my rules and I took the trade and it was profitable for the month They made like it was like I think was up like 12 or 13 grand on a you know trading two lots or whatever So the point is this is the basis of the trading right the volume of that You can just trade off of that alone But now imagine this these volume events in areas you deem important right like the ones that I deem important market profile composites You know the love to love with levels My inflection zones right speaking which I wanted to see where we're at here Right, so here we are. So this is an inflection zone So this zone was from something prior and see if we Go back sometimes it doesn't go all the way back there and see Yeah, so you can see what happened here a long time ago Because the markets continued to respect these areas until they don't so this was last This was april of 2022 so you can see selling tail What else was here selling tail? I thought there was something else, but regardless it came back That's directional conviction right so it's selling tail directional conviction And then there was a tail here too at the time and this gap down from here as well So this was an important area silver ice iceberg sell si 103 contracts and the market paused here a couple times Initially came here failed Came here failed and then it finally grinded through here. Well, this is the first retest So I will still trade this in in the reason being it did already trade back through here But this is basically the top of this balance area. So here we are, right? So I will delete my zones once we start and you should do this for any indicator Using this type of indicator works if it trades back and forth then that zone is deleted But right now I'm going to trade this as a relevant area, right? It's not quite down to this balance area, but it's pretty close so anyway One of my trading strategy is called an izzy Inflection zone where I take a volume event and do an inflection zone Right here izzy and that's an aggressive trade. We'll talk about that So I take fade trades with moves into prior inflection zone. Here's another thing by the way I'm going to have access to this. This is going to be subscription base too because You get you get all this stuff as part of my trade room, right? You get the izzy zones every day So I'll post all this stuff You know in my trade room, right? So every day in my trade room I post all this stuff It's all less left to hatch. So if you want your izzy, you can draw these yourself obviously too It's just saves time you can get my input and see if they're correct, right? So that that's just pre-market obviously we're down into the izzy zone though But I post them for all of these products So that's another perk that you get from my trading room But I'm going to have a subscription base is going to be cheap Probably like 29 bucks a month or something where you can get these zones every day If you can't get in the trading requirement this That's what I was just saying Oh, but anyway, this isn't izzy. This isn't back into that zone And I got a volume line, right? We just talked about you're looking for Volume events meaning real-time activity in important areas. This is an important area based on what I look at Here's your buy ice. You can see this is holding. So the way I trade izzy's it's the first move out It's aggressive. So we talked about the barf trade That's a conservative entry where I wait for ATR When I wait for a retest I wait for a failure then I go in the izzy's they're important zones. So I don't want to hope the market comes back to the volume event because many times because the area is so important The thing will just rip and go and then I'm sitting here You know Cursing that I didn't put the trade on so for the izzy trades. There's a couple of these trading strategies Like the slug the lug wood that those are Stop runs at the log levels that we've talked about those I get in aggressively The dad-dad trade, I don't know if we'll get that but that's aggressive heavy al that's aggressive Then there's ones that are conservative barf that retest fail The lick trading towards liquidity retest failure. So I have different methods. I trade these That's step one. So I know one is he's almost just check out our lugs here and see So that was actually a bounce off the lugs. So this is a great example of how particularly powerful these things are right So you can just say the minute you hear icebergs at a lug and that that'll be an eventual because I'm adding I'm going to be adding trading trading. There's going to probably be 50 of these things, right? But I don't want to overwhelm It's hard enough for me to keep up by myself with silver ice iceberg sell si 107 contracts. I'm not going to trade silver right now. Um, but there's going to be many more in in the upper. So anyway, uh I need to go along this setup. Just make sure this atr is states. You want to keep updating to get your fill atr is currently By hasn't changed much 3.78 you guys got questions throw them in the youtube, please So I can enter long. This is aggressive meaning i'm getting in the minute as touches this price 79 quarter Based on my risk level here on the apex account And this is the easy apex account number 68 I can go long 9 mes i'll round up to 10 here 79 quarter So I'm not supposed to be showing trading on this account, but I can't I mean on these webinars, but I'm not going to show the actual trade But I gotta I can't Because I'm not at home. I gotta do it this way. So I will go long at 79 quarter Actually, that's the wrong account. I do this all the time too number 68 silver ice iceberg sell left side 101 contracts we can look at other markets I just I don't have all the charts and everything for like copper and silver But obviously there's a lot of stuff going on in the metals today We'll look because it's the same stuff guys. I tell you all the time if you're just staring at the shitty Yes, I'll tell you on part of my language. You're doing yourself a disservice It doesn't matter what market you're trading as long as you know your thresholds There's an edge right based on these volume events So we're waiting. So I'm going to go long. This is yes. I'm going to add over I'll just look at silver and copper real quick But that trading off of that the minute this gets an atr out of here just outside of an atr I go long right atr And that shows you right here. So the actual atr which is the validation price is 70 75 I put my order just outside of an atr because I know the tendency for these algos to get to an atr And snap it back to the to the volume event and we have a strategy for that because I've seen it so many times Kind of like what's happening here, right? So the market will get 78 quarter was one atr it'll get there and these algos snap it back It's uncanny how often this happens. So we actually have a trading strategy for that. That's called the atr Reversion strategy. That's this part of the spreadsheet So I would have been short here the one atr meaning I'm getting in an atr I'm not doing these on these webinars because it's just it's They're non-stop, right? I can't keep up with them But if you're you know, and this is like one of the scalp trades we were talking about this one atr short You're getting in at 70 50 your staff goes at 83 and you're just playing a move back to the volume event And then you're out. That's it, right? That's the trade Because it's just uncanny how often and this this trade was actually born because if you guys have watched my webinars for five years I would always say, uh, it's about okay. We're up here It's about 70 percent or more from my from my calculations from watching so many of these that we're going to retest this out So then I started thinking we then we were doing this We were going over a lot of trading in the zone. This is directly out of the book trading in the zone my mark Douglas he has a An exercise a back test exercise to prove to you if you have rules and you follow your rules and you're consistent If you have any kind of edge you you can make money will make money trading, right? Which you have to have an edge in rules So we came up with I said, well, you know what all I say is these markets retest the zone 70 percent or plus at the time Why don't I take advantage? Make that a trading strategy. So that's how that trade was born. I was like last September and that's this trade So you have a 180 when the market moves 180 away a two or three certain markets. There's sweet spots for how far they'll go Before they snap back to the volume of that equities are usually ones and twos bonds Natural gas Grains those are usually the three so I won't take anything but the threes on those those Products but the equities you can take the ones in the twos. We actually I'm working with the guy in my trading room We're going to have all these exact stats. We're going to back test it So we'll know exactly what the sweet spots are another benefit of my trading room. So that's That's in the near future All right, so Anyway, I didn't take that trade the reversion trade, but if you did you were here in at 80 78 quarter All right, stop was up at 83 silver ice iceberg sell si 101 contracts other than that at this market bounces off here Then I'm long right away. So the minute it moves out. I won't wait for that that that but I can take potentially this this this that's the barf trade so Hopefully I'm not confused confusing you guys, but that's a different strategy But I'm only taking barf trades for the month of july Actually put on guys another important thing we use To judge the current state of the market you can have strategies based off this too. This is a very powerful thing So this is an exponential moving average ribbon, right? These are different time. There's a bunch of different exponential moving averages Foreigners are ribbon. These are all different time periods, right? So this is the longer term ribbon This is the shorter term ribbon Just google exponential moving average ribbon and you can read all about it, but there are some really key things when You can see so this thing so when the blue is above the red it's bullish when the blue is below the red It's bearish So you can so what i'm doing is any barf trades I get For the month of july just because I noticed going back looking at my trades a ton of my losers We're fighting this alga this alga guy, right? We already know algos are about 85 percent or more of the market Well, you probably don't want to be fighting algos, right? So take especially the aggressive trades you want to be taking In the direction of alga alga or I am You know the the aggressive trades. I've not paid attention alga guy as of right now. I may in the future You know kind of like the one I I'm going to go along regardless of where alga guy is here But I wouldn't take the barf long is what I'm saying But you can see here this thing trended up for multi multiple days before fine. This is the first cross in How many days this crossed in the middle of the night back on 710 Right and this thing has stayed. This is this is how it This is how you catch huge trending moves Right cross Retest of the red retest of the red retest of the blue came close to the red there. I don't know what this gap is You don't really see that. I don't know why that happened Retest of the red retest of the red now. It's finally starting to pull So now you're going to get these algos that trade off of this moving average stuff now This has a good potential of doing that right if some reason especially when this crosses and you see space here And then it pops back above So many times when like you see a space and it can't hold and it crosses again Then you're going to get another wave, you know, you know a trend wave But as of right now, this is bearish short-term bearish. So another thing you can use To filter out your trades, which I am doing for my conservative Trades, which are the barf and licks. What does that mean? It means I'm not going to take the barf set up All right, so I filled on that I didn't hear that fire off All right. Yeah, so I'm long And you never got the retest they won ATR That's not stopped out yet. But anyway, it didn't really test and this is why On my inflection zone trades I don't wait for the retest because this may not come back to this puppy because this zone was so It was a powerful zone for such such a long time ago. And there we go. This is all right off that zone, right? That's why I have them So anyway, many times you get your volume event there. It will not come back. That's why I don't wait for a retest for that particular strategy All right, so I'm long. Yes If you guys got questions throw them in youtube, please I'll answer them. I need to take a breath anyway So what do I see here? Well, I see liquidity below here. Didn't mean I won't take that long But the point is say this moves up a little higher and another volume event fires off well So even if this did this this this I'm not taking the barf long Because it's against algo guy, but say we move up a little higher and we get a bearish event Well, I can take barf shorts And lick shorts to that because the algo guys in that direction. See what I'm saying, but I'm I'm long I'm fighting algo guy already know that but the is he trades are strong enough and he was bounced off of a log too I'm okay with that trade right like that. That's that's an okay trade for me Even though I'm fighting algo guy But one is if this moves a little higher first of all I'm watching this area gold stops stopped by gc 178 contracts I will get out in certain areas. So I've got 10 me s long on right now I'm going to watch this area very closely. I will be getting out at least quarter Maybe a half just because I know algo guys in my face, right? What's up here? Well, you got vwap I don't usually get out of my trades at vwap Uh, I don't piece out of my trades if we have vwap by itself But this is also a baby lug, right? Baby lugs are they're not like the major lugs But they're powerful and you see a baby lug confluent with vwap and you can see here I'm consistent with where I get out. These are my areas That I get out number five I pay myself as the market makes money available A lot of the levels that's a baby lug market profile compiles on composite high lowest PLC We might even be there. I'll check that vwap extreme standard deviation of vwap And then we got spot gamma levels start to get through having less than equity Important pre-defined zones. Those are the easy zones inflection zones same day same day events And opposing si setups meaning I get out of all my position If I get an opposing setup, so say this thing rips starts to rip And I get a new setup Something new comes in And it's able to push an ATR below that and then I'm out of the tree I don't I don't ignore new volume setups just because I want the thing to go up, right? I'm adapting to what the market's telling me. So those are the areas that I get out All right, I need to take a breath here and let me see the guys get questions You guys can't hear me One guy says yes one guy says no That's not good This is getting really annoying. Could you guys hear me and you too? Please someone let me know There's 50 people on here. Somebody let me know. Thank you. I appreciate it All right, no questions. Yeah questions throw them in All right, so let's just take a look at another market since these markets are absolutely horrible Actually, let me retest that zone and ask that So these were broken ice setups. So I have six distinct setups That's what my my course is and my course is about that's this of course right here Like on that. That's my course, right? So this these are the setups that I still I'm a new one's coming out Soon, but these are the setups that I take. That's what my trading has been trading space off of So this actual setup was I didn't take this because it never retested and there was no aggressiveness There was no aggressive Strategy to take up here, but this is broken ice, right? You have buy ice buy ice buy ice. How do they do? That's not so good. So usually like I always say There's there was a misconception when this stuff first came out that I from competitors a book map There's not really a competitor book map. They're not even close But they would they were trying to just credit what I was saying Or what I was doing with book map where they thought what I was saying is when you see buy ice, you just buy, right? Well, yeah, the tendency is But it's more than likely more often than not the market will move in the direction of the icebergs because that's the big money The big money runs the show that they'll make it go their way soon I'm saying but I never have not once since the beginning of using this said You just it's an automatic buy when you see buy ice I said I have a distinct setup called broken ice. This is broken ice this thing somebody tried to hold this market gone so the paper here was wrong and that probably contributed to this down move which was What 100 150 point moved out right because when you know when I was a big trader at a firm Just like these guys probably are whoever this is and you never know exactly what they're trying to do Right, you're never going to know and you just got to know the bottom You got to just assume they're entering positions and they're wrong, right? Because it's just uncanny how when the paper is wrong it moves like this when the retail trader is wrong It moves like this the area is important and how it moves away from here And anyway You just have to assume these buyers were wrong and the risk managers will come on the phone and said you need to get the Hell out of this trade Because you're wrong and then that leads to that move. That's what we take advantage of we're taking advantage of High High volume high volume areas that trader trap traders somebody's going to be wrong. That's what we take advantage of That's what these setups are That is the key the driver of markets Right, so that's what we're taking advantage of So just to show you let's take a look here I heard a bunch of stuff in silver. I'm not going to trade silver today, but U.S. This sell 35 billion dollars in seven-year notes on july So this looks like another That's all the same stuff as long as you know the threshold for your market Meaning 150 is a lot in silver. It's nothing in the else, right? This is a ton of sell ice so real nine that's double threshold just that then you had another 192 So you got 500 sell ice here and this looks like one house. How are they doing right now? And you just got to assume their energy So she actually gets more to you got all this sell ice and you can see on the on chart as I on chart That's one house. I have mine black and white as far as the line or black and yellow This is one house that kept getting triggered as the sell ice came in So Just giving you guys another example this wasn't quite threshold But a lot of times you'll see this is this is incorporated in the new area too. So I definitely am drawing that All right, so let's try that And I you know, I get all the time like I'll show you like soybeans is an incredible market lately We things like that and people are like, I don't want to see that. I don't trade that Well, it doesn't matter what market it is Even if you don't trade it, which you should be looking at different markets Like I've said a million times you can you can still learn by the tendencies You know in other markets to these volume events because it's the same stuff It doesn't matter. It's trap traders. That's what we're taking advantage of So again, I'm not going to trade this put in the spreadsheet. I just want to give you guys I mean, this is this is the pattern you see that This looks like this is an exact atr It's just over and over in every market atr retest failure. You would be long this setup Doesn't matter one market trading. I keep telling you the same thing over and over here is copper Copper probably looks the same. This looks like a dumb and dumber. What's a dumb and dumber? Dumb money stop run puke. That's 200. That's a lot for the copper You're copper thresholds 150 so oil ice iceberg cell zeal 151 Congress nothing's really going on in these other markets. You hear soy oil. Hey, let's try. Let's hop over to soy oil Soy oil, right? So this is this is an official dumb and dumber here. I'm not going to draw this song, but this is There. Hey, I'm sure that was an atr. Here's your retest. There's your failure You guys see that pattern before over and over you can be sitting here. Oh, soy oil. Let me let me hop over there Right here. What's going on in soy oil? As long as you know the threshold this could be gold. It could be yes It could be natural gas. It doesn't matter Trap traders big money big money's coming in here trying to sell this thing 224 iceberg So hopefully you guys are getting just in this. So what I would see here is Actually, I don't have my charts up for this. So I was going to show you algo guy But like say this fail right say algo guy was bearish Well, you can take a lick trade to trade towards a little liquidity Barf in the lick trade Lick trade see I'm saying I just don't have all my charts because I'm like I said, I'm on vacation I only have my main markets But hopefully you guys are understanding you're doing yourself a disservice if you're just staring at one or two markets So I understand people some people don't have the bandwidth Oh, by the way, this is getting up to an area where I said I was going to cover some of these Yes, I understand some people don't have the bandwidth to be watching 10 15 markets like I do and that's fine, right? But you can at least watch three three to five. That's not hard if you're just looking for volume events It's not like you have to stare at that price action all day long. You just listen for volume events Then you hop over to that market All right, so this is getting pretty close. I said I was going to get out at least a quarter here might be a half because Let's see this was these are single days So I'm not going to merge these as composites, but I said we're fighting algo guy here And I think this is a pullback into the red see Yeah, so that so there's going to be three different confluent things Where I'm going to get out of half these if it pops up here So we got obviously this this is the short-term exponential I mean the long-term many times these markets it'll pull back to the red and rip so May do that and we have the v-wap and we have baby lug I'm going to get out of half there and I'm fighting algo guy because the blue is bull Remember what I told you guys Right now this is looking bearish if this can't hold and the blue gets back above We'll then expect another rip higher, which would be really really shocking in these market conditions Not right. I'm going to just because I'm not going to be able to get out of these Put this in right now. I'm going to get out of half of these and Try my best not to show my trades because it's just better off their compliance It's close enough, right Hopefully I'm not getting too cute here Yeah, that's a little higher than anything. So I'm okay with that. Hopefully I'll get full on half of those All right, so that's resting. I'll get out of half of my my es long and 84 And so this is why I get in aggressively, right? It has not retested this zone Still could I mean you guys what I always tell you it's about 70 percent that we retest these zones just from my personal experience Um, but you don't know how far it's going to go before it comes back, right? It's usually one or two atrs. This one did not the one did not work So let's see where's the road to the line? Usually there's a reason why The atrs aren't working. It's usually because big money's playing or there's concentrated huge concentrated areas of volume So this is the footprint to see what this was usually if you see over 30,000, you know, when you're messing with the atr trade So this is you know, this is all right. I wouldn't worry. This would not keep me off the perversion trade So what I'm trying to do here is figure out why because usually you get the volume of that and it's usually a snapback on one atr This one didn't work a lot of times if it doesn't work. It's because you have high concentrations on the footprint This is a two and a half point reversal chart meaning, you know Every two and a half points that reverses it'll draw a new bar if it doesn't reverse then it just keeps Keeps on with the new bar. This is what's important to me on the footprint. This is all you use footprint I want to know concentrated areas. This is normal. This isn't like crazy But sometimes like the other day we saw like 80,000 it was like 50,000 and then 30,000 something like that, right? And it was one low area and I said and there was a buy on that and the market moved away like that I said, well in this instance, you don't want to be taking reversion trades because you're fighting 80,000 contracts Not all and that weren't all sellers, but there's somebody on the other side of these trades, right? So the point is when you get really high concentrated volume the odds of it coming back to the are are going to be less because There's a ton of traders that are caught that'll just start puking out and you're gonna get run over So my point is this is one of our disqualifiers if you see high volume for the atr trade. That's not that was an high volume So that's not a reason Relative volume was not crazy either even though this is actually decent volume for especially lately Especially July So this is just my relative volume chart. There's 100 that's just showing me these are the exact five minute time bars for the last 30 days And it's telling me what is it? What is this volume comparative? Right, so you can see this has been above average. So that's good, right? We haven't seen that and there was a You had two times it'll color yellow if it's two times or more 200 percent or more So there was one bar in that so this is actually pretty good volume when you see good volume You're gonna get good moves, right? It's just common sense. There's these are traders participating big monies likely participating here Retail traders are getting loaded up somebody's wrong and then you get the big moves If you see trade like that Like that, then you get trade like that chop fest when you see this isn't crazy, but it's better You can expect many times bigger moves when you see the volume increasing It's all about volume. It's all I keep telling you Eric, thanks for your sharing. You know, it's got appreciated. No problem. Hopefully you guys are learning some stuff That's my goal to teach you guys to fight back against the How goes How goes in the big money So guys, why do you think that the the CME and this is my opinion? I'm pretty sure I'm right But this is my opinion. Why do you think the CME? Let this let this info out, right? So, yeah, what am I talking about google CME mbo data? You can read all about it Market buy order, this is the enhanced data that the stop iceberg indicator that is driven off of it's the engine, right? so What is it? Well up until 2017 From 1983 to 2017 it was just market buy price So it wasn't an enhanced data and even the order book I tell you this all the time as well If you're using even right now, did I not get filled on? I had to get filled on that. Did I not? I'm not sure I'm not hearing those. Yeah, I got out. Okay, so I got out of five at 84 So that's good because it bounced right off of that. That's the exact area that I was looking at That's why I got out To see me right there Right right off of the web pretty close to baby love And into that red elbow guy. That's why I got out of there. Anyway this mbo data Even this stuff If you're if you're using anything but rhythmic right now I there might be one other one that's finally come around and got and given this data for seven six seven years It's only been rhythmic, which is amazing to me This stuff is not it's only real what you're seeing in your order book and your dome and even a heat map Obviously, this is just showing the heat map is showing the orders in a different fashion It's just the first 10 levels up and down so you're talking two and a half points in the s That's the only thing you're seeing that's real up if you're not using rhythmic Right, so we're trading 81. So those are real. Those are real. There's somewhere in there, right? Everything up here is not real. I mean, they could be prior orders, but it's not reflecting real changes so meaning That's important information to know like if there's a lot of liquidity above Well, if you're using anything about rhythmic, you're not getting real data, right? So that's one of the things that they talk about that here, right? They talk about full depth of book You know, and if you're trading, you know your cue position. That's important That's how I used to scalp knowing where I was in the queue and then Knowing why I can lean on as far as real size behind me But nowadays the size of the reel the stuff is fleeting a pole in a second. That's why I can't scalp anymore um And then it shows you obviously iceberg so based on the order id That's how the development of developers could determine. What are the icebergs and what are the stop runs, right? So Um, the point is that what was I saying with that? I can't remember who'll come to me Um, I mean first of all that that's the edge knowing knowing that if oh what I was getting at was Why do you think the CME gave that data away? They just like just like sharing because you gotta remember Who who is the driver of the CME's business? Is it the retail trader or is it the big money? Who trades more? The big money, right? Well, why on earth would they give Icebergs are hidden orders, right? They want to be hidden. They don't want people to see this information, correct? Well, why on earth would the CME do that? Well, they just used to once again everything in my life is basically I try to use common sense Well, because for a period of years there I'd say I don't know exactly it's say 2012 to 2016 or 15 or whatever They were like the retail trader was dying because no one can make money in here Because the algos and the big money they just would run the show like you would see every every year Goldman Sachs Goldman Sachs made money 198 out of 200 trading days. Like that's just craziness, right? That just shows you they never lose. Well, who whose money are they taking? They're taking your money They're taking the retail traders money. Well, eventually the retail trader says uncle I can't keep losing. I'm done trading, right? So I don't know where this information was available That's this is my solely my opinion. Why this is why this is available, but My opinion is they brought it. They gave they gave us they threw us a little bait, right? Like here you go We'll give you we'll give you a little info to keep you, you know to keep your head afloat Maybe compete with with the big money. That's my opinion. Like I said, so I don't I don't know of another reason, but that's and then I get that question too What do you think it's going away and they could pull this at any time? They could pull it at any time like they did in the past. They used to have actual order ID numbers So if you would trade into somebody, this is how I've made my living I can see that I had this little thing down here and it would show me the house So if I so I sold 100 it would show 100 and it would show me this was my nemesis at the time 990 Gilbert was the one dude at Gilbert and I'm don't even get me started on that one Anyway, you can see who you're trading with that's important information to know Hey, is this a local meaning a guy this in here every day basically just scalping around the market or there'd be times I'd be I'd ding a order like I'd see a 2000 lock could be put in the book and I'd ding it with some one lots and I'd see like this weird house number like 592 and I'm like, I don't know that house. Well, that's a warning sign Like this is not a normal player screwed around the market like ripson This is somebody needs to get some business done. Stay the hell out of the way of that You know, I mean so I would see a big buy order. I'm like, okay. I'm not selling on that thing I don't know who that person is that means this is a large entity that's never in here. They need to get their crap done I'm not messing with that or you see what I'm saying. So they used to offer that information and that went away Why do you think that went away? Well, because the big money didn't like people knowing what they were doing Now we're on to that. Do I think this is gonna go away? My opinion. No, I don't think they can how bad would that look even though this day and age You know certain parties and they just don't care there. They do everything in plain sight They don't care what you think of it I don't think they would give this information to the public and then pull it that looks really really really bad, right? But I'm sure there's plenty of big houses that are complaining that we can see this information The whole point is This is huge. This is the information guys. If you know You know, we complain all the time if you go watch that movie floored. It's about the cbo teacher cbo t traders that Um were On the struggle border trade that you know, once everything started going electronic early 2000s They were all like, I can't make money in that there's no way you can't play what you can't compete with computers And I agree. I was the same way. I was like, there's no way I can make money You can't compete with these algos and that's what everyone bitches about right they get in here It's like these stupid algos by the way Now you can see what's going on. You can see you can see Well, you can't see the algos, but you can kind of bills total 778 spot six million dollars I guess I don't know what's going on with my obs this keeps disconnecting. So you might not You might not any back on here in the youtube base, but Anyway, he says I've always been long by a straighter book. We have stated data Definitely allowed me to be more confident taking short straight being able to See liquidity feels like putting on some classes. Yeah liquidity liquidity. Yeah, I mean, that's the very basic sense But yeah, it's very This is these are magnets. This is the big money the big money will get the market where they want it to go Eventually doesn't mean it's happening right this second. This is liquidity. I don't pay attention to right This is yeah, it's big money could be someone just screwing around mark. This is a thousand lot This is liquidity that I pay attention and it sits in here for a long time Why because they want their fill if something comes out like a Plane is a building those markets going to rip right through this liquidity, right? Well, they're not they obviously don't care that means they want to get filled That means they want to get filled they're going to get filled doesn't mean this happening right now But you watch by the end of the day I have a little in a bet that fills right and we've had actual golf bets on these webinars Where I'll see like especially in NASDAQ. Let's actually see what's going on in NASDAQ Where I see huge resting liquidity and I'm like, okay, who wants to run around in golf by the end of the day We hit it and we hit it almost every single time Some days there's nothing some days you'll get it both ways right you'll see and that could just signal That it's going to be more of a trend day. So some days you'll get it like here and you'll get it here And it's pretty amazing how it'll come here. It'll tag all that and then I'll add right here Well, most of the time is the same houses that they get their bids fill and then they get filled up here It's just one big game guys, but if you know what the game is you can play If you can't beat them join them Sam says what are my thoughts on spoofing? It's a bit of a great area. It's 100% still going on they They claim Everything's still set till uh pacific time. So this is the grain clothes or it's not the grain clothes, but it is if I was It's set for 1117 central or uh pacific that's why it's going on because that's 117, but it's obviously another time anyway, um Yeah, they're they're you know spoofing is outlawed. So that guys that was my game back in the day too All I did was spoof. I would I'd play What do you think all my trading setups are based off of you think it's just hypothetical? I think this is happening. No, it's what I used to do I used to play the games all day every day with the retail trader. I was the big money I was the guy that everyone hated my home my own firm hated me I tell the story all the time Like when I got big because I would just run the market around I literally this is how I know that these guys Are what they're trying to do or what you know what the tendencies are Because I would sit here and just play games I would drop, you know, I'd buy a thousand and I I put an offering up here Then I would start buying and I'd buy a thousand thousand. I this is exactly what I would do just like this, right? And this is that spoofing was not illegal back then, right? This was 2002 to 2005 2006 I would set it up like this, right? If you don't think this is still happening, you're crazy I would be you know, I at the time I could put on 3000 at the height of my trading life with my firm, right? So I probably wouldn't have that many here, but just for example, right? So I put 3000 on the offer then Actually would be more like this because I would have multiple levels So I'd have a thousand here and then I would go like 500 500 500 500 Right, so now we're trading down here. I'd start accumulating and I would buy something I'd see how the market would react they would go up. I'm like, okay buy some more Okay, remember all my offers are sitting here So I wanted to go up and I want to get fill in these orders. So then it would come here And I'd be like, okay, there's no sellers. I'm gonna I'll buy another, you know 500 800 then I will come up to my resting orders I would yank it yank it yank it yank it It's like an air pocket And then people would be flooring and then they would they would buy into my offer and I'm out of my trade So I would end up buying a thousand down here. I would yank my orders aka spoofing Which is now illegal. You cannot put an order Supposedly not to be able to put an order in that you don't intend to trade I had no intention on trading these 500 lots I wanted to use them to yank To create an air pocket where people had to panic and then they get out on my thousand lot offer Over and over and over all day long. That's how I made millions of dollars that exact thing. So I was spoofing I was playing games anyway back to my story Of being hated Even my own firm because they would know I was even pushing the ES around So I the one day I was going to the bathroom. I was walking through the office and I heard this guy F you pulsating you blah blah blah And I opened this door and I put my head on there. I'm like, um, did I do something wrong to you? Or I said, oh, sorry. I thought that was you in the market. So my point is I was this person I was the games, right? That's how I know what the games are. So take advantage of that. So remember I got knocked out of the game. I got knocked out of the game by the avos and the big money and It all started back with my nemesis the delver guy like I was telling you He started my downfall and I got completely knocked out. I could make a dollar So I tell you guys all the time one of my main Drivers of educating I love educating. I love going through what I see and it helps me stay grounded and not make stupid mistakes When I'm just sitting here by myself things like that My my main driver of educating is to help you guys compete with the big money and understand what's going on So you're not manipulated and get your money taken from me from these games, right? So my point is I know what the games are because I used to be the game, right? That's that's that's the moral of that story So anyway, what are my thoughts on spoofing that's still going on? They they're cracking down on it They catch as many people as they can but it still goes on and start you watch it You can see it Bruce covers it all the time Like that's one of his favorite things to go over if you watch his basic webinars He'll show you you could you can see like the you can see it like the last price line That's another thing you can bring up here But you can see the the best bid and offer and you can just see it changing and you can see Is this this spoofing look at the liquidity? I don't know why I was showing less bid and offer just look at this You see it the market will come here and it'll disappear and then I'll move away and they'll put it back in And I'll come here and they'll disappear. It this is spoofing. They have a lot of times. I don't know for sure But most of the time they have no intention in getting filled They are just playing games with the market that is spoofing. So yes, it's still going on they're cracking down on it Supposedly, but it still goes on Do you think that at least on your good next question? Do you think there are players out there regularly use these disruptive practices? 100% yes So here's another example, right? This is actually really funny another trading It was actually a well-known trader is a big trader he got fine He had so I was told this by another firm. This was probably 2013 2014 He had in his trading plan. He was going around trying to get funded for his For his, you know, his system or whatever he whatever he was doing in the markets He had built into his trading plan fines from the cme for a spoofing, right? So that's how that's just like, you know, other examples you see like What some other examples like money examples were Like people just continue to basically steal from people and they know Not actual steal. I can't think of the the industry At the top of my head, but they know a big deal. Okay. Yeah, I've made 50 billion dollars if I get fined by whatever I get fined 5 million dollars who gives a crap. I'm still up 45 million dollars He literally had in his trading plan the fines he would get from the cme for spoofing, right? So obviously Back then I don't know if it's changed that they weren't not finding people enough Think about it You spoofed this is you spoof your ass off. You make 100 million bucks. You get fined 10 million. Guess what? You're still at 90 million dollars, right? So it's like anyway, literally in his trading plan written out So fines from the cme. So I I expect this year to make 5 million dollars and fines from the cme should equate to 500,000 literally in a straight plane. So that yes. Yes. This is disruptive practice is still going. It's ridiculous Uh There's captain price where you've been man. I haven't seen your 500 Texan here You're all right. No no caffeine this morning. I'm still dealing. I'm just messing with you I'm still dealing with emotions when they step you out and almost to the almost to the tick Thank you like yes Yeah, that's I mean that that's more in your mind But no, I mean I bet you bought it all the time happens all the time If you're in certain areas like the atr's it's gonna happen non-stop. That's all I complain about By the way, this is attempting remember I said who knows how far it's gonna go I still think you're in if you did take the two atr reversing trade. There's been nothing going on by the way guys That's why I'm in on my little short stories. So the one the action Did you get stuck? Yeah, so the one atr stopped out. But if you took the two you were in an 81 75 Stop out at 86 50 you're playing back to 75 50. So 81 75 This is the other trade we're taking for the reversing in these lion events All right, so you would have been in here Stop was up here There you go. Here's your retest of the zone. Remember, I got a half. How good was my exit on that? This is why guys I get out at important areas. I understand The r's right. Oh, you don't take trades unless you can make three r or more. Yeah When I put on a trade, I'm expecting three r. Does that mean when it gets one r or half an hour away And we're in an important area. I just ignore it because I want three r. That makes no sense I will leave a portion on for a bigger move and then I get out at an opposing buy-in event I won't get out unless I see an opposing buy-in event no matter where we're at or a lug But other than that, I get out of some of my trade. That's why I got out a half Well, right there, right? Do I so I don't have to watch this thing come back seven points in my face Thanks for all the info on all of this. It's all very accurate. Jose Like I said, you know, it opens up a whole new world If you understand what the hell's going on in here, right and understand the games that are being played with your money If you can understand the games, then you don't hand them your cash every day That's that's so that's my driver of why I educate because I I'm the same way I went I am the I am I should be the most motivational story for all you guys like knowing you can do it I started out trading one lot, right at my trading firm They said back in the day, there was no education. It should everything just went on the on the screen They sat me down and said try pick a market try to figure things out literally. So I picked the es I was watching nq at the time too and there was no instruction and I was just You guys all know the story. I love my very first day trading. I was scalping scalping one lots and he has I lost $2500 scalping one lots. Do you know how hard that is to do? But my point is there was no instruction, right? So, you know, I had to figure things out on my own back then. I forgot what I was going last story to I can't remember what I was gonna say there. Sorry My brain is fried and from my disneyland experience disneyworld experience. I still haven't recovered from that There's nothing worse on the plan guys. I'm just telling you. I mean, yes for your kids It's great to see them have a good time, but holy crap for an adult. What a what a torture What an absolute torture Anyway, hi digress again. I forgot what I was saying there Motivation is key when you know it's not your fault can be oh, that's what I was saying as far as understanding what's going on in here You know, it's not you can compete. That's my motivation to show you guys. Oh That's what I was a good man. So I started out trading one lot the motivational story. I started trading one lots Just like you guys, right? There was no micros back then and then I started making money Then I went to my my the owner of my trading firm. Can I could you out my size? Here's two lots. Here's four lots that I went up to a 16 Literally, that's how I got up to 33,000 that I could put on was gradually So my point is the motivational story. I started out trading bare minimum I did it and I built it up and then I couldn't make a dollar and I got knocked out of the game And then I got back in the game 2017 to 2018 because a bookman So I'm building it up again, right? So if I can do it, you can do it And I'm teaching you guys that's the whole point of these webinars and my trade room is to learn You don't have to go through the next 25 years of getting your head kicked in a lot of the time You can learn from my mistakes and my my trials and tribulations and fast track at all So you don't have to go through that ridiculous experience. That's the whole point That's why I do this to show you guys how to do it for yourself And it's not to mere trading is to do it for yourselves You guys trade live every day. Yes, I'm right now on vacation I'm doing I've been doing in the mornings yesterday and doing because I was traveling to Fort Myers, but Yes, I do it twice a day every day most days And I'm in here on thursday Moody's say hi mortgage rates for way on housing markets for a few years I don't think the ATR, MQATR, she is correct I haven't really done anything there, but let's see So like I said guys, this is part of my trade room as well I'm going to have a subscription base where if you don't can't join the trade room. You can get access to the spreadsheet It will be out shortly Crews stop stop sell CEO 234 contracts. I don't know. I'm not trade off that anyway right now All right, let's see if we can get a Crew set up. I only have a few more minutes here, but we can draw the area Let's head over to crew Again, I apologize for the annoyance of this. I'm promoting into my home computer next week. We'll be back to normal And I'll be covering multiple products too besides just these core products All right, so let's first of all see if this is what kind of area we're in here See if this is like a slug Stop running into a major lug. No, you're at extreme standard deviation. So thesis wise. What do I see here? I see extreme standard deviation of view app. Here's view app. This is one standard deviation Otherwise known as daily value area one and a half two. We're at the one and a half standard deviation And we're real close to the bottom Ted there of this market profile composite many times other bonds just like tops and bottoms of balance areas Basically the same principle, right? Not quite there yet But you know very likely to bounce unless you're seeing heavy relative mine So there's a stop run. I already know stop runs are usually just retail traders pukes They're not initiative selling so that's already giving me a heads up Okay, this may come pretty close to your imbalance Especially you get these algos that snap it back as long as there's not big money playing How do I know big money's playing well si events and there wasn't one There was just the stop run but you look at relative volume. You see how bad this relative volume is right now It got to 100 meaning normal at this time period for the last 30 days one time He did it again, maybe an hour ago So this tells me this is very likely to do one of these So knowing that information and the last thing we check is our Infliction zones, let's see if this is an easy trade So I didn't get I didn't I put my zones out this morning before I drew these zones before the open So this market closed here 75 29 ish and it opened up Yeah, that's not a gap. That's I mean it is a gap, but it's not directional conviction. So I would not have his own John here There was stuff here prior though. I think I did delete his own here You had this area here and a gap down. This is basically the same spot. I'm not I don't think this is an inflection zone So meaning I'm not gonna take it as each right here And then lastly let's check out which elbow way elbow guy is Is So you can see this thing just crossed many times when you get the cross you get the elbow High yield The usl 71 billion dollars in four-week builds an award 72 cents of bids at time I posted basically every week because it's really it's a really good video on this exact thing Where's my trade room here? Let's see here There it is I posted this last week I think too. It's an awesome video. You can come up with like 10 strategies just from this thing That's very relevant like very very there's going to be more strategies just based on this from my trade room too I just have a chance So watch that and you understand what I'm looking at there And get some strategies. I posted that in the youtube All right quickly. I'm going to draw this on and then So basically because they cross to the downside is bearish. I can only trade my bar of trades Wide at our retest failure to the downside to see if there's any liquidity down here Yeah, there's like down here. You see down to 75 So let's see see the games right here. See this liquidity that keeps coming in and out This is one house. You can see it. See how this fruit stops stops lco 206 contracts So let's see this is this this is spoofing, right? They just had it here this started us off the yanked it and they moved it out fruits tops tops lcl 160 for contracts. That's the stuff that I don't pay attention to it. You're getting more crude stuffs here anyway And where are we at? This is right at the bottom of this. This has a very good chance of bouncing here chance percentage probability right There we are This is actually Technically this is called a This is one of our trading strategies profiles and courage crude stops tops lcl 194 contracts and trade them moves into a market profile composite crude stops tops lcl 240 contracts a little puke Ruski here This is almost a double whammy. What's a double whammy the dumb money puke You can see market pulse firing off here too and it's firing off on tick strike But you can see look at these stops. Look at these pukes 246 263 240 there's more here too Another so this is like almost 800 pukes And this was almost threshold So a double whammy is a dumb money puke into the waiting hands of the buy of the the big money and right now the buy It's not an actual double whammy because more than 50 is my threshold. This is close though. There's a 144 Either way, I could still draw I'm still going to draw this at that and this is a this is an example I always get these questions. Well, which one do you draw? Well, when they're all on top of each other Just try to get them all remember we're just looking for concentrated volume areas in our trading, right? So let's I was supposed to show you guys the hotkeys I didn't get a chance Just google book map hotkeys and I'll show you how to do it That's there All right, so that's how I would draw that so I incorporated remember how we're doing this is you're just incorporating all The prices that happen in these spikes This happened after that was not there's a little stop run, but that was the majority So you got about 800 close to 800 stops in this area that's important Someone's on the other side of that trade, right? So we have two different the tendency is this will fail but I have a distinct setup called the stop and hold it's where You get the stop runs and the market holds and the big money comes in behind it and continues pushing it this way I we looked at the relative volume. I doubt And that doubt I think the higher probability is one of these Especially for the area we're in with no relative volume and extreme standard deviation of eweb So you can use that as a decent. Actually, this is moved down through here So this is going to be very telling what happens here. So first of all, you're extreme standard deviation Actually, that's not even catching on So this is actually a slug So this is perfect. This is this is one of my main trading So this is the best highest percentage to stop run at a major load. Here's your blue load Ludwig level with the stop run Right. So how am I going to trade this? Sorry. Yeah, because I got to get off this webinar because there's some other guys starting here The zone price 7524 down to 74 85 Right There's 75 23 Put that in again, you guys are going to have access to this next week. I should have a website up and running You can get this 75 24 So it's a pretty wide zone, right? But I mean I incorporated all those prices. So I'm violent. I mean all those stop runs Very wide zone, but it is what it is. All right So now I wait for this to move out of here. If this wants to smooth an atr out of here, which is 7548 I can go long based on my risk the size of the zone. Actually, let's make sure this atr is correct Atr in here is 0.214 s and p stops stopped by yes 940 contracts I'm going to show you one more thing with es how I can trail my stop to this newest event in es And I'm going to show you something else too All right, so anyway, if this trades up to 49, I will go long aggressively on the slug If this gets below and touches 74 62 This is a bearish setup and then my slug is disqualified because if the market's able to push an atr out of the zone Then that's disqualified, right? But as of right now, this is I will still take the slug here And then I could take barf trades to the short side because elbow guys are my favorite But I would need to see the atr the retest the failure and what's one of those prices The validation prices for the short Need to see 74 62 retest the zone and then I would get short at 74 58, which is just outside of an atr Hey guys, it's maybe fast for you go over every day in my trading room. You want to learn what I'm doing here? All right, lastly Remember, I'm still long. Yes, I still have five on Five MES that is So now what do I do here remember I got out of four here, which was a good trade never got back to that zone Which is pretty surprising Like I said, the tendency is It's insane how often it happens So now what I can do I'm going to draw this newest event by event. This is where I trail my stops. This is how I trail my stops I trail my stops based on something to happen in the market not because I Don't want to get back and this this move would happen here On this pullback is a perfect reason A perfect example. I should say hold on. I'm trying to draw this damn zone Come on Why is this not Shift H. Let's go on a quick mini ramp before I have buff here To show you guys the stop trailing your stops to random areas That have nothing to do with market activity Why was this thing not all right? This is blue, but I know it usually Is red. I mean yellow or white for my stock ones. So anyway, what do I do here now? So first of all, if you were long there How many people got long Down here and then just got stopped out just because on a random rotation When nothing was going on right here, how many people just got algode? Let me get this off here real quick. I was going to show you guys, but There's nothing going on here, right? Meaning This are just these are just algos So how many of you guys got long there? You're like, oh, yeah, I like Scott's idea. I'm gonna go long All right. I'm gonna trail my stop man I'm only gonna lose two points here and then it comes back stops you out Now you're out and now you get to watch this Stop getting stopped out in random areas and getting algode. That's why my stop was well below this volume of it Right. So now my point is now I could put this new event. This is how I trail my stops 86 quarter Down to 85 is your new zone Let me go to the yes sheet or an ATR 3.63 Now watch how this already changed my stop was way below that first zone But now I can trail my stop based on this new event Which is now if I were to go to long off this new and I could still go along of this new event potentially But if I did now my stop is at 80 75 so it was Way below So I just saved myself like 20 points of risk. So this was the first This was actually this was a stopper. Remember supposed to be yellow But anyway, my stop was ATR below there, right? Well with the new event now I get to move it up here So that's where my stop is so if the market can't hold this area and I'm out I'm gonna make What was my first entry like 75 or something? I'm gonna now guarantee myself five points So 45 80 75 is where I'll stop out of that tree We need to get into apex today, but I highly recommend if you guys are learning if your accounts are small or you're you know It's just a no-brainer you can work on your trading and if you do well then you're funded And it or you know or if you're just trying to try things out and you know It's not a lot of people can't trade on sim because they're like, well, I don't react the same Well, you still have some skin in the game. That's all in that trading spreadsheet I'm not gonna get in and use this code for any sale. They have it's always pulsing 50 You'll get whatever they have it's 90% off 60% off whatever click on that I put that I put this document in discord and in the youtube All right, quickly and see if there's any general questions that I'm gonna hop off here But now I can trade let's just take one one more look at algo guys see where that's at Sorry, this this webinar ran over hopefully I don't get you all that But I'm just seeing if I can take any barf longs or shorts Here we are So this is not this is not long territory for my barf yet But if this blue gets above here, then I can take barfs and licks long Until that happens. I'm only looking for shorts for that for that strategy All right guys, that is it Not much action, but hopefully you guys got some good stories and good morning experiences All right Next week we'll beg back to normal. We'll be back home In the 126 degree heat of arizona. So that should be sweet. Actually, it's better than disney world So all right guys, I will see you next week. Appreciate it