 Can everyone hear me over here on YouTube and everyone hear me over here on YouTube? Looks like it's working. All right. Well, welcome everybody. So this is the first coaching mentoring session for the year 2022 2024 and We had a sale on book map right before the event or end of the year here or New Year's Which was great. So the whole idea was that you could Get a discount on book map for the year for the entire year And it was an annual subscription get 30% off and then join the book map Academy And get coaching and mentoring if during that time you made it From book map junior Academy into book map Academy. You can get book map for free if you do that then we would turn around and then Pro rate the rest of your subscription for other book map add-ons and Products so it was a good deal that we had for for everybody and Hope you guys took advantage of it. Anyway, we're gonna jump in here and go through some coaching. So let me Get into it here. If you are if you guys are interested in joining the Academy I do need to show you where that is and what this is all about. Just go to book map calm And then under the more button here click on it and then go to book map Academy here You can read through this and you can apply It'll scroll you down the page You can read through it and then apply here and then you'll jump into our discord All right, so let's go through the disclosures and then get into the coaching general disclosure all book map limit limited materials information and presentation Presentations are for educational purposes only it should not be considered specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies and vol substantial risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results. All right So the first one first coach we have up is Jack I'll turn the mic right over to him and let him go through Steven and a few others here Good afternoon guys, how is everybody hopefully everybody's doing pretty well So the first one we've got today is Steven here Steven was this is a great trade Steven or a great review in general It's a little bit longer over reviews. You can see there's a couple images here So what I did was I just covered the first four I put the link in the chat here if you guys want to go back and take a look at those in general This was an important concept Steven and you really did a great job Utilizing this concept by doing a review of previous days There's only so much time you get with the markets while they're open So sometimes you need to go back and you need to review different things check different strategies see how things work in different market conditions bullish bearish conditions and that's one of the ways that Review is incredibly important and then when you're reviewing with book map You're training your eyes and you're really focusing on those different things You're kind of back testing and you can add statistics to this So really great job with that concept in general. So Really want to call that out if others do this as well. I'll treat them just the same It doesn't matter to me. What's important is that you're journaling the process You're learning the process and you're kind of migrating through that as we break down this image We can see at number one up there. We've got you know, his intro is his date his summary his what he's looking for his long setup with the higher above or higher out of range and V pox shifting so we can clearly see the kind of bias right at this at the start here for this setup in the image on the right at number two CMJ you can click the link in the chat there and you can open it up on your own. I Put a link directly to it for you there, buddy If you want if you can't find it, let me know and I'll get it for you Over there on to we could see where he's kind of looking at a potential reversal or a potential From an impulse short. He wants to look to get along necessarily and at that we can actually see essentially a Double bottom with an interior swing high some people might call this a w pattern or an upside down in pattern or you know There's there's a dozen different names there, but with that With that little swing high there We're gonna come back to this because it's a really important order flow Concept right there that I want to point out and to the left of that swing high You'll notice it was a previous swing low and that there was liquidity in that area underneath a little lower Bruce The band this one here. Yeah, that short band right there So we're gonna come back to that in a few minutes here But that's an important concept because we know that traders were active in those areas so That helps us with our with our confluence essentially Yeah, Steven it is And then as we get to three you can see that there's a structure of resistance another band of liquidity above So that gives us a bias when we kind of approach that area with trade and what you can see in four is Stevens utilizing that bias. He he's setting an expectation and he's drawing it out This is an incredibly important concept as well by having a bias or An idea of what the market should do as you go into approaching a trade If it violates that then you can take a step back and reflect on what you might have done Or maybe what you might have missed or maybe it just didn't work in your favor But by having that kind of thought process already You're looking a step ahead two steps ahead and you can see that he's looking for it to continue to break above Pull back retest and then potentially go further So it's a great concept there. I annotate this a lot actually I did it the other day yesterday on one of my charts really really great concept here, Steven So great thing to see there As we kind of push forward from here at five on the bottom left We can see that as we got that big selling Pressure down Volume started dissipating and this could be a good indication of getting that potential Reversal right because if you have a lot of selling pressure and then suddenly sellers aren't there But buyers step in you can get a good strong reversal and that's what he's notating here with the volume There's a significant decrease in that volume and with that kind of decrease you'll often see it in those Exhaustion patterns those those double bottoms things like that where you might get a little period of consolidation And then potentially get that reversal so you really see that volume there And then as we kind of go towards the next image at six here Steven you nailed it that is in fact a flag pattern you get the impulse a to be then you get that nice pullback at sea In that right image there. It's really what you want to look at now Kind of going back to what I mentioned with that that band of liquidity that I wanted to kind of call out again You can see that rectangle there, and if you notice That's the same area where you notated that you had that band before that I mentioned And that could provide a very good area for a potential entry or a potential trailing stop right below that area If you were looking aggressive in this particular case, you might want to be at that arrow But you might not want to be aggressive Maybe you want to wait for a break For a trend continuation, so you might want to be above that band of liquidity Yes, even great. It is in fact a flag pattern You actually have several here that are kind of stacked together and that's that's kind of what you expect to see in a in a trend in any direction strong impulse down slight pullback consolidation Strong impulse slight pullback consolidation, and you're just kind of looking for that When we actually have a really good trend day, which I'm sure we will sometime in the next couple of days You'll see that pattern, especially if you kind of zoom out on higher time frames. You can really see oh wow This was a great set of you know impulse pullback impulse pullback, so It's the essence of a two-legged pullback essentially, so It's the way to be on the right side of a trade Other than that I didn't go through every image Steven But with these four, I think you can really see that that this was a great overall Strategy to add to your repertoire and to make sure that you're kind of looking for and everything Like I said if you wanted to be aggressive that arrow might be the best one in the bottom right there If you want to be a little more conservative, you might wait for a break of that swing high. It just depends kind of where you're at But I think that that that Your trailing stop you want to be below see there and that's really kind of like you'll see this kind of Conceptually go more and more often there because you know you had Traders there and in fact once we move away, you can see where those traders stop back in right? You can see the band of liquidity directly to the right of Bruce's circle there You can see they're still there there are people still okay with wanting to be trading at that level So it's a good place to get you know some support there If it ends up pulling back on you and your bias is still necessarily long so overall really great I really liked everything I saw here, buddy I'll try to keep some more trades out if you have more questions on some of these things Let me know and we'll get you an answer on those kind of like is this a flag pattern or if you have a specific question Just ping one of us. We'll definitely take a look that way. You don't have to leave it in an image like this I says do you want to turn the mic on for for Stephen or did he eat he's he's posting in chat Okay, it's up to you though. I know we kind of want to be quick here. So it's up to him But yes, even these these are all pretty much the same setups. They were all really kind of Going through That's alright Stephen. He said he's gonna opt out for for the mic, right? That's pretty much all I had here for you I Think that this looked great I think that you nailed everything you were looking for if you're doing this in real-time, buddy You're on the right track really good job with this one so Appreciate it, man. And that's kind of it for Stephen that I had do you have any other questions Stephen? I see you type in You're doing great man. Everybody's really putting on a lot of effort. We can see it for sure for sure All right, let's he said no questions. Let's go ahead and go to the next slide with crash here so I Scaled this up so the aspect ratio is a little different than what it needs to be I just made it a little vertically a little better if you want to see that you can look at That in the academy shot here, and you could pull it up and make it a little bigger. It's an ultra-wide picture So just be aware of that Gonna be a little nitpicky on crash here in general mainly because he's done a fantastic job So like in life in any time when you do a good job, we like to move the goalposts on you So that's what I'm gonna do today on crash a little bit here. He's been putting out great content overall So there's just a few things that I wouldn't I would personally like to see like to letify out a little bit And it's just kind of situational so they might not apply directly But straight up in number one again, we can see clearly what his what his picture is about. It's about his long dead center Long criteria. He's looking for cell sweeps in the cell stop He's looking for that heavy volume But also he's looking for that volume to kind of pull back after it kind of gets that large impulse And he's using work impulse to get this So now we can see that not only here But he also puts a date label up at the top two there it kind of shifted a little bit It should be up at that white box there, but He's got his date label there So if for some reason he Doesn't have the date on the image title itself He can always know what day this is go back and check his historical charts if he needs to great concept there And we know that he's also using the MBO package for his iceberg set up So if we take a look at three in the bottom in the middle We'll notice that there's a couple of things that kind of stand out from this And this is kind of something that I found too as a as a trader We kind of are just like normal humans every day We develop processes and we get into habits and it's kind of like recognizing your own handwriting Looking at your images you generally know what's going on with them There's nothing wrong with that But there does come a time when you go back and you look at something you wrote before and you're like I have no idea what I wrote and I think that this image kind of can get that way One you could see that there's The market polls call out at three here, but if you look at the timestamp, it doesn't match the one at four This is probably just a small little tiny mistake kind of thing, right? However, there's actually a very easy fix so that you don't make this in the future and it's that the VPI Algorithm actually enables you to look at both yes and in queue at the same time so that you can see if those flows are Coming across and impacting both so you can actually check and do both of those if you want crash I recommend doing it I actually do it as well But I add the rustle in there as well because I want to see the entire indices and the volume pressure Against them that really lets me know that there's large dealer flows Involved in this and if I can isolate those two, you know Maybe have you could call buying or put buying or something like that where I can isolate the flows and having it Have a reason for it along with the key level. I'm looking to trade that momentum or trade against that momentum So I would definitely take a look at that if you need help setting that up. Let me know. It's it's an easy screenshot to do there Yeah, Jay Gunn, so Jay Gunn just asked real quick Do you have somewhere that you recommend to learn the basics? He doesn't have the software you get we actually have a learning center We'll get that posted in a chat for you in just a second. I'm sure Dan will be able to do that That's the best place to start and that's Bruce narrating a ton of stuff Kind of going back to this though real quick Um, so yeah, you can see at three and four. We've got kind of a detachment there. It's probably just an annotation issue And they're kind of going forward from there Let's kind of Recognize what this trade is. This is a reversal trade, right? And it's important to recognize This is a reversal trade Now there's nothing wrong with reversal trades. They're one of the best trades you can possibly take if you get a well-timed reversal You can get you know 30 40 50 points sometimes so that's impactful but Reversal trades are against trend direction whether that trend direction is short term or long term You're expecting the trend to switch And if you get in on a trend day and you're trying to take reversals you will notice that you just get poorer So on choppy days reversals can be a little bit stronger, but on trend days you need to be wary of that So people watching or reading this image Don't just take it at face value and just jump into what he's doing here Make sure you understand that this is a potentially a counter trend trade. It's potentially that reversal style trade He's not trading with v-wap. He's not trading with v-pock necessarily He's looking at his specific setup. So be aware of that and crush is obviously aware of it He's the one who's made the trade so um from there you could see at five We get a lot of exhaustion there and bruce. You could probably uh really show the highlights and the uh exhaustion on the buyer side there um Just above and then slightly to the right there Now this tells us that there's not a lot of buying appetite necessarily As those spreads kind of widen and nobody's really hitting that offer Now That gives us confluence to potentially the downside that doesn't give us necessarily confluence to the upside So this is kind of again that counter counter direction. Now. He's just using yes as a as a Correlation or confluence over to nq. It's not necessarily his direct one-to-one And we can see that the consolidation Uh to the right of five hopefully at uh, it's hard to see in this image here Is here Yeah, that consolidation you'll notice that that Uh pattern exactly matches the one in nq so There is a lot of really good setup here. You're looking for those same kind of Um Consolidation products. I'm sorry. I'm a little lost. Is it over here the consolidation? Yeah, you can see that consolidation and it directly matches like literally high for low Uh in es as well the same consolidation pattern Yeah So you can see that there is potentially that that change in market sentiment that he was expecting So he's got that confluence going for him here um and then Uh, let's see. What was six? Oh, yeah, that was just a strong impulse down kind of going with that strong impulse down If you look at six and seven that's a 10 handle Change in es and a 40 handle change in a five minute period So that's it. That's a strong impulse down and you're just falling knifing it back up which Again, nothing wrong. Just be aware that there is risk there guys Um, so so make sure that you have that strategy You are tested it and you understand your overall risk and where your stop should be Uh below seven on in q there You can see his box there. I'm assuming that his box there Is where he's looking to place his trailing stop And you can see where he wants to lay again Above in the pink there the problem is I don't see Strong entry criteria. I don't see a strong entry location Now it kind of goes back to that handwriting concept here crash Where is it now? You probably know it looking at this image because it was only a couple of days ago But does the you from six months? Know where it's going to be maybe not So I really would like to see you isolate down your entry criteria And I'd really like to see you kind of make sure that you're you're not catching a Falling knife the trend's not going against you the entire time And kind of isolate the criteria that you're looking for specifically and make callouts to that on the on your image is moving for Honestly though, you're doing a great job Like I said, this is just me making you do more more work So it's one of those things. I'm sorry. You're being punished for doing a good job, dude Continue doing it I hope to have this problem more often with other people too. So because I'm going to be moving the goalpost forever on everybody We just want everybody to do the best they can Aside from that the only other critique here is there's seven rectangles on the image and there's no annotations on what they are I can deduce what they are their upper bands of liquidity potentially profit-taking zones but Probably want to annotate those or maybe they don't necessarily need to be there or maybe it was something you were thinking about You know, just keep that in mind as well. But uh Any questions kash? I know you've got a jet. You you had something going on, but that's pretty much all I had for you, buddy He's typing right now Yeah, he's got to go soon. Um, yeah, but uh, yeah, no, he does have like, uh I'm certain criteria. I mean a lot of times like he's looking at that falling knife, but it is the trend is to the upside Uh, and this is he's he's really kind of getting in and he he likes to which I think is is It's great. It's totally fine. He has very specific criteria here Uh, and he's also mitigating the risk. He's only getting in down in these levels when he gets this market pulse Uh with this very specific criteria He's only getting in a few contracts and he's adding in quite a bit more in other areas So once he gets his move, he definitely scales in and you can see the leg in right there Um, it's just this very specific criteria because I definitely have other examples Where you get very similar stuff, but the trend keeps going down. It's still a Still a down trend as opposed to the reversal it is looking for So really fine-tuning those mainly because This is a very risk strategy and there's nothing like I said, there's nothing wrong with risk strategies I use them all the time, but you really want to like What specifically what empirical numbers are you looking for at getting in? And and try to remove as much subjectivity and discretionary Trading to it, but that's kind of That's just one of those things and as you get more examples of these crash You will absolutely get that right like the larger the sample size the more efficient the statistics It's just kind of how it works there, but overall it's really great. It's just Those little fine fine little needle things. That's it great stuff Um, I had one one comment for crash. I think that's really good advice jack Like this really stands out for me at least he knows exactly what he's looking for And and there's another element in here Is I think it's really good a comment that you made is You know marking these things up Annotate them Because because like you don't the more that you annotate them the more that this this will come together The more you all understand exactly What it is and others will maybe question you on it and once you start spending more and more time with some of these like You'll see things that you may not have seen before And and I think that's a a good comment jack. Yeah, there's a You don't necessarily like need to put like exactly where it is specifically One of the things that I'll do on some of these types of concepts where I'm like kind of investigating or kind of expanding on a strategy is I will literally just take my entry and exit directly from my My broker and I'll just copy that and put it directly on the image And it goes into a test folder that I just kind of archive and keep track of for that. So You don't necessarily need to like, you know Mid-pick exactly where pinpoint it is You could just do that or you could just circle basically where it is as long as you have a good visual Of when you did it so you can go back and look at it and this will help too if you are one of those guys interested in Making those statistics and really expanding out and getting like, you know, some in-depth statistical backtesting But again, just kind of picking but yeah, Bruce dead spot on Um, but that's it for cross that I had here AJ, um, I hope you're here. Um, the reason is You remind me of myself literally a year ago Um, I was migrating from footprint over to book map because trading mega cops trading futures and trading footprint was incredibly Like just mind-consuming. I was visually dead at the end of the day but overall This is really great. I need to pull this up so I can make it bigger Because footprint makes things very small Um, give me just a second here. This is the one um, so My thing disappeared there this okay One second. I have technical difficulties. There we go so kind of Briefly going over this I don't want to spend a lot of time on footprint But I want people to kind of understand a little bit about what's going on What footprint is is it's essentially a way to track the transactions on the bid and on the offer And what you can do with this is you can see points of exhaustion points of absorption and potential reversal patterns now This might sound incredibly familiar to book map because we look at exhaustion We look at absorption and we look at potential reversal patterns. We look at liquidity in the book Which is one of the reasons why I migrated from footprint To book map is that I don't need to necessarily have that time and sales window Glued to my eyeballs the entire time So It's going to be a little bit foreign kind of going through this image to users If you guys have questions on footprint or kind of what the correlation is between the two Ask in the academy channel There's definitely others of me others of us who have used it. I've used it bruce has used it So there's a lot of knowledge there if you have questions on that and how it interacts over and how they kind of Mix and match so just ask questions. Don't be discouraged by what you see here Kind of going through that though. Let's take a look over on the Number one there. This is unique. He's got a very clean and it's it's a honestly It's a very very unique trade annotation from AJ. You can very clearly see the the Just kind of crisp feel of it. You get the observation. What he's looking for what he's expecting and he really notes Kind of about the previous push and a retest of this low And it kind of rejects higher and he was looking for that rejection And he's looking for that in the footprint and in book map And he discusses his entry and exit below with his criteria for it So we can clearly see exactly what's going on here Um, this is Above what I do. I just mark, you know I'm at this location and I put an ellipse there and call it good He's got, you know specific levels that he's looking for. So this is great. You love to see stuff like this um Going into that uh a little deeper at two there And it's going to be very difficult to see this so pull the image up It's it's higher in the thing there or higher in our chat here if you want to look at it You can see that bottom right number is a zero and you can see it kind of scales up very small This is an an exhaustion print and essentially a ratio and you can see that it's just kind of Scrolling up as less and less people are aggressively transacting So we expect a potential reversal there We get that kind of absorption as the price can't go any lower. There's just not enough sellers into it Now let's take this and look at number three. It's very hard to see that in number two But visually We can see this in number three, right? We see that huge band of liquidity there and Sellers run into it stop initially Consolidate a little bit and then push down lower and they just don't make enough headway to break through it all the way And what do you get you get that period of exhaustion there now? We can't see it because it's a static image But if Bruce was in the all markets right now and we saw this We would be zooming in and you would be able to see the fractal pattern within the book map there and see that Exhaustion just not really coming across to the bit anymore. And what are you looking for there? You're looking for that potential reversal entry Um So he's got his initial long entry there at the break of that kind of consolidation there And then what he's looking for kind of further from that is again, Steven If you look at this you get that strong impulse then you get a small pullback. This is essentially a flag pattern it's a little bit more horizontally wider than you would typically want but it's that kind of impulse pullback You get that uh higher low there and you can see which one are you talking about jack this one here? Yeah, that one right there going to four. Okay, and then you get that support of that temporary liquidity there And he's highlighting that his expectation as he gets to that liquidity is that that liquidity is going to help support price That aggressors are going to have to push down below that four level And if they can't we're going to get continuation and that's This is some of the great things if you're looking for a potential mean reversion kind of trade This is a great image to kind of look at that right because you get that rejection of that large liquidity That tells you there's not an appetite to potentially go lower straight away Maybe later, but not right now you get that push to view up Kind of a little bit of a trickle back down And then that support and you want to see that support come in and once you see that support You get that push all the way directly right to view up, right? That's a great target location And then what are you looking for from there potential continuation? You're looking to break view up Test that upper high Pull back get some consolidation on view up and potentially go a little further And if we go back to the footprint chart, we can see on the higher time frame That's in fact exactly what we got. We got a great setup long Got view up confluence got a nice trend and what is he doing? He's just kind of running with it And as we go down to number five here We can see again on those higher time frames as he's kind of zoomed out a little bit here You can see where he's taken his exit The initial exit is that uh to the left Yep, you can see it to the left there of five. It's that previous swing high. Sorry a little higher there bruce The exit right yeah Yeah, well the one to the left of that that exit matches where his previous swing highest love this That's where I look to exit as well. I look I call this a break of trend Trend resolution. That's one of the kind of names that I call it in my strategy So when I see this it stands out to me So you really get that kind of confluence there then you get that final exit at five With his initial stop and he gets kind of stopped out now One of the only critiques here is kind of very Situational depending on the risk appetite of the trainer I probably would have left my stop around view up. That's really the the last area. We had a really good test and kind of Projected continuation He moved to stop up more aggressively off of that uh swing low kind of around around that five area There's nothing wrong with that you're locking in good profit there If you don't necessarily think the trade's going to go much further. There's absolutely nothing wrong with that I probably would have kept it around to view up and then just kind of Seeing if we got more continuation for the day, but overall Really great job here really liked seeing what we saw here Um, I don't have any questions agent. You're typing here, but I also see you in uh In the voice chat. Would you like to say something? Um While he's getting set up burst do you have any comments? I really like this trade. I thought this was fantastic. Yeah, I mean, I like um, what you're I mean, I'm not much on view up to be honest, but Look at your I mean, it's just so visual. Um, you got all this liquidity Um, and I also like that he gets partially out here at the swing reduce that risk uh, and then um You know and again a partial um, but you make a good point on the, um VWAP because look at the support Under here, you know, uh, well not just that but look at to the left. You got the previous consolidation so VWAP kind of Basically lined up like the volume kind of brought it to where everybody was trading Already and on trend days, you'll see this kind of a lot, right? Like you'll see that It's kind of where everybody was trading on previous. No worries agent. You can type if you want. Um, You'll get kind of those kind of confluences And that's what you're looking for, right? Like so that's When I say VWAP, that's the last place that we had a really good consolidated test So that's kind of where I would have left it a little bit um, but again, though There's nothing wrong with taking it off early. We're talking 10 points here Maybe you don't want to give back 10 points so Again, that's there's nothing wrong with being aggressive. It stops. I do that as well So it's just situational. I don't have enough context in the market conditions for the day to necessarily say which one I would have done but looking at it. That's kind of what I what I saw initially Um, but yeah, this is this is a fantastic setup. I really liked this Nice um, okay, so uh, yeah, thanks jack. I think we'll move on to stan Uh, and uh, stan's gonna go through a few here and we'll start with our shark blue Perfect So yeah, overall that's a great threat So I was just maybe thinking About highlighting a little bit more the other floor like for example, uh Yeah, for the first shot like he took, uh, I was wondering to have maybe more liquidity on the offer Uh highlight the exhaustion maybe on the pullback so As we can In this area here stan. Yeah, exactly. Yeah. Yeah, exactly. So yeah, I would uh, like if we compare to the long side There is clearly a huge difference with liquidity like and the conviction from Yeah bias just after like yeah jack has been covered just before Um, but clearly bias stepping with conviction They were adding like high liquidity and plus it was following your setup And I think it's where bookmark can really help you We can clearly see like the heavy liquidity Beneath like become yeah just becoming darker And give you The edge that I'm thinking Yeah, I I agree with you with you stan. I'm very much so in in the in the sense that like, I mean, I I know, um Uh, shark blue is looking at structural trades in here using, you know, poc Uh vwap, etc Uh, but you know This is a lot of chop here around those areas with not not too much understanding which way it might go Uh, and uh, what can really help and you can get a lot more out of bookmap is exactly what stan is saying If you saw maybe high liquidity up in here, right and the high liquidity in here Uh, uh, you know coming down, uh, and then you also saw exhaustion on the way back up Uh, and then big selling coming in it's really telling you It's it wants to target here Yeah, exactly. I agree. I think that There's so much chop in the in the initial part of the image that this is a this is a tough short to necessarily jump into Straight away Yeah, it looks this I stan. I mean Spot on in my opinion I mean like look at the move down into high liquidity away from this area and then There's a lot of buyers who want to move it right back to this area No question about that. Uh, and there's conviction there And like like you were saying and then look at the the book under here Look at the book under here and look at all this buying so You know that that's where I think you know bookmap can aid you maybe a little bit more Instead of looking at uh, I mean the lines on the chart and and looking at your structure is great If you can add maybe you know a little bit more in terms of liquidity You might get more out of it or order flow Uh and transactions Yeah, exactly. And we can see like he's looking at um, yeah One set up or two like uh, like the one two three top reversal or bottom reversal And we can clearly see like how bookmap can help him with this strategy and uh What can give him give him like maybe more More edge more pertinence Yeah, yeah, um Uh shark blue is uh, he's in here. So uh, if you have any comments or Have the mic on I I absolutely agree with what you guys are saying. You know, I'm I'm looking at the structure And I want us I want to find confluences to add to that and and The resting liquidity has been really confusing for me to wrap my head around your your uh Your Monday Tuesday Friday thing is really helping with that bruce, but it hops around so much It's been very confusing to get a handle on. I'm starting to understand it a lot better And and trying to lean on it as a confluence, but I do see like, you know, there's none There's none there on that short and there's a bunch here For the long side that was an interesting day. It was just ping pong up and down up and down between two flat levels Yeah, the whole session Yeah, yeah, I mean I I get it it it can be confusing keep keep going keep marking marking them up We'll do I appreciate I appreciate the advice stan and bruce and jack. That's I I'll definitely Work on that like I said, it's The the resting liquidity just made no sense to me not too long ago And I'm I'm really starting to wrap my head around it or I feel like I'm starting to Excellent excellent Uh, let let's uh guys I I want to um We're gonna do these weekly. Um, so uh, I we have a lot more images to go through But we only have about 15 minutes and that makes it an hour I want to try to cover these in in you know an hour or less So, uh, we won't rush we'll go through it. Um in in some uh in some detail But uh, we're gonna go through it a little bit quicker here Um, oh, I'm sorry. This is not shark blue. This is um cmg. Yeah, uh, sorry about that Let me fix that immediately and then uh, then the last one was uh, uh, who who is that? Um, Rob Rob, okay. I did get Rob's on there. Okay Yeah, great. Okay Take it away stan Yeah, so I think it's a very great trade like Uh, he knows what he's looking for like by his entry and He knows where his top should be he didn't move it He yeah, he was like really, um Uh Confident with his threats So we can clearly see like he highlighted the microstructure. We had the conviction I would just suggest maybe to point off more order flow in those microstructure Like for example, uh, we had like a ton of exhaustion in there And then Sir Kim with conviction where you took the shot And then perfect scale. Yeah at view up Front of liquidity Yeah for me, you have it. I would just suggest maybe to have more liquidity on the On the offer but still due to the huge amount and we had on the uh On the beat It might maybe not seem clear enough then we had those liquidity Yeah, yeah, I think it's kind of similar. Um, maybe to uh, shark balloon in the sense that I mean, you know, you've got this, um You got your uh, your migration here, uh, in some of these, um, uh, you know You got your poc and I guess this is mid or That was actually the, uh The overnight, uh V pop The green one. Yes. Okay. Got you. Oh, you should you can ignore that one because it but it's it's coming back up to Uh, a previous one. So That's actually like something I I mean, I know you're looking at these structures. Uh, so that's great um and I totally agree with stan. I mean like a I mean, we really want to understand liquidity in here I mean is the orders that move the market? Uh, and um, uh, the transactions within this structure and and the the order flow inducing the moves, uh, is where you can get that additional insight just like stan said Uh, there is a few things in here that, you know, work really well with the structure you're looking at Uh, here the sellers come in You can see that here as well, right? So now you're getting retest back up here and it can't get back up above Right. So, uh, this this is nice. Um, so, uh, you know, these sellers remain kind of in control in this move here Um, and a retest back down to here looks pretty good and maybe you can get back down into this liquidity here And and it did in this in this instance Um, but um, yeah, those are my only comments Right. Okay. Yeah, the trade was supposed to The initial target as you see was v-pop and I just gave it a little more room because I was just looking at how it was, uh Not really being able to push back up. The sellers were still in control Yeah, so I mean the the v-pop is is here, right? Uh, so you took some profit initially here The initial profit was at v-wap. Yeah above on the left Oh here, right. Yeah, yeah, yeah Okay, um, yeah reduce some risk and uh, uh, you know look for uh, trying to try to hold for more which we did and and you moved it down I see To there. So real real nice on that Real nice, uh front running it as well You know, great because this is a pretty strong move here. You don't know, uh, what might occur down here If it's going to trade into this or not So a nice nice exit on your on your runner Thank you Stan anything else? um No, that's a good one, but um For everyone I would suggest to highlight more what happened in those microstructure like understand why Yeah, just the context of in this microstructure Like, um, I think most of new firms are just looking at uh, market profile or Set up from tumbi um, for example But really looking at those exhaustion absorption conviction from one side on the other side Uh, yeah understanding the liquidity can really help you Mm-hmm That's my top Yeah, I totally agree on that on that comment. Um, all right. Well, uh, thank you cmj. Thank you stan. Let's move on with rob And so yeah, uh, I know rob you I think you were speaking with jack a little bit earlier Uh, but this one. Yeah, it's a it's a good one. You you properly highlight all the the microstructure and you You understand why you should maybe put more intention to the fourth one the last one than you really highlight and still same comments, but What's happening in those microstructure like we can clearly see, uh We've do the other consolidation like they are sellers are losing conviction on the last one On which one stan, uh, I uh the on the top the last one the last one up here On the right. Uh, yeah the the one he he was highlighting Ah here Yeah, exactly. Okay. Yeah, we can clearly see like So sellers have conviction to go lower and then they lose conviction And compared to others like it wasn't Yeah, we're yeah, exactly. Yeah, we had the the liquidity compared to the others too and that's what you should for me highlight and Yeah, like really good keep your eyes walking on Yeah, really good comment. In fact, this looks like a spoof uh to me And and a lot of the I'm not sure what's going on at at this hour here Uh, but there's a lot going on in the book here. Uh, no doubt. Uh, you know, you can see a line here almost Uh, where everything kind of shifts and changes Uh, and this is pretty indicative of a of a spoof here You see one two three layers of liquidity in here and the reaction to it Is buyers, uh, they're they're going to target this this Maybe maybe you can get up into here Yeah, exactly. And it's clearly what was missing from the other consolidation and even like The sellers conviction in those other we are like They were most sellers Yeah, yeah Rob, do you have any any questions? or comments Got rob in here. I guess he needs a mic. I can turn it on Oh, they're working now. There you go. Uh-huh. Yeah Thanks, Dan. Oh Okay. Yeah, that that all sounds pretty good. Uh, this this particular screenshot, uh You know, I Oh, I forget what day this is Should be the first of uh, January Oh, okay. This the second maybe I said, yeah the first then you post for January Uh, yeah, I think I took this one screenshot and then I was going to go back later and replay mode, but to get some closer up stuff, but then Had some technical issues couldn't get back into replay mode yeah, um Lots of stuff on here rob. I mean, uh, do you want to um You know what what's helping you or what are you kind of gravitating toward? You know, that's uh giving you clarity Well, you know something I have a hard time with is uh, the pullbacks Because I'm not sure, you know, how far the Kind of pullback before I have to just give up on the idea that it's a flat pattern Or it's that it's a continuation The uh, the short some of these that they pull back real far that the first one at the bottom there Yeah, I mean that I'll it's it's kind of in in the the the answer is kind of in the um The flag pattern here in the in the learning center if we go here, uh It is the the concept and you know, it is that We're leaning on Just get it going here in the measured move. Yes, so we're leaning on All of this Here hold on All of this in here and then We know we know that there's some sellers trapped in here now. This is at the open But like there's some back and forth in here now. We see we're looking for this steep input impulse move strong relative volume. Do we get it? Yes That's what we're leaning on So then the pullbacks will likely come into maybe these pockets Um, and we're looking for kind of a shallow pullback but You know once we can lean on these things kind of like the criteria crash was talking about it's the same idea of the um The checklist uh the um key Though for entry after the pullback it doesn't you know, and nothing is a hundred percent But you look in here for those buyers to come in after Uh this in here, so it's kind of it comes in here, especially if there's high liquidity in here Fantastic, you know, let it trade into it. It's just going to be a trap Uh, you'll see the buyers come in with conviction Uh, and then look for them to really pick it up and to match The kind of volume pressure over here. So that that's um the short answer Uh rob, I don't know if that helps you but Um because I I know what you mean If you look at some of these areas in here like Well, it's kind of hard to see who's in control. There's a lot of sellers a lot of buyers a lot of sellers a lot of buyers You know when when who's winning this battle or when is it going to kind of turn? Um and look for that conviction Uh, and maybe this isn't the clearest image Maybe there I mean this looks pretty good in here like this is where it looks like it wants to pull away To me Yeah me too Yeah, I can see the where those you have those First three green dots after that purple rectangle there We can see that volume come in and then it shoots up Yeah, right after that consolidation Yeah, and and in fact, it's kind of rounding itself You know and you got your trend line here, which is great. Um, but you know, it's taking its its time Uh, you know to kind of figure it out in here uh, and It is kind of hard to to ascertain I think the key is somewhere in here And then maybe that conviction is in here um, but Yeah, and I have a rough time with those entries because like uh Where you just circled where um, you start to see the volume come in You know, I might make an entry somewhere around there And then we can get a bunch of back and forth Like today I I really got whooped pretty good when I was uh Trying to do some you know, uh where I'm getting in closer at that top of that range And then it continues to go back and forth and back and forth and then up Yeah, I would suggest. I mean like like I was earlier. This is what you want to lean on Is this a lot to lean on? It is maybe if it breaks it So maybe this is you know Maybe you're looking for pullbacks in here now You know what I mean? So Make sure you have something that look back and and think about like You know Our buyers in control who's in control who's out of control Uh, we're out of control meaning that these guys are going to have to cover Where are they going to cover? Well, they're going to cover nicely up in this area Yeah, and I was trying to use that trend line to give me some idea Of when things are changing and and you know, you have some of that liquidity down there In that big wall and it's getting filled. Yeah. Yeah, absolutely You know, so I figure, you know, that's that's got to be bringing some buyers and then you see all that absorption You see more orders getting pulled. So some of that must have gotten filled So I figured, you know, this looks like it's going up so One thing you could also look at It's kind of more of a elementary kind of style in general But just to be on the right side of things because you want to be cautious in general That's just kind of how you're approaching things and there's nothing wrong with that When you get that break above view up a lot of people will look at, you know, if I'm above view up I'm only looking long if I'm below view up I'm only looking short and this keeps you kind of like on the side of wherever volume is It's not perfect. It's not the greatest But when you add book map and the water flow elements and you're looking for that If you did that, it would take you to that flag pattern right at 815 and you would have been in Basically where Bruce probably would have suggested now If you do something like that, make sure that VWAP's location makes sense to you If you look at where it is at 815 and you get all that trading there If you look to the left at 715, you've also got all that trading there Now this is, you know, 1015 market time. So we've had a good, you know Impulse move from the open things like that. We've had a lot of volume It's not right off the bat in the morning So there's a little bit more support to where that volume is trading and where, you know, things like VWAP and the volume point of control are Because you've had so much longer in the market at this point If you were to like rip this, you know at 845 It's a different beast altogether, which is one of the reasons why Bruce and I don't necessarily use VWAP Often but it's good in confluence, right? So That's one thing that I would look at maybe for you Rob because you want to like Bruce said you want to like simplify a little bit You want to kind of like a where where is a good spot for me to be looking long looking short You got all your setup here That's a little late. Maybe and he's right So maybe that little bit of confluence and then from there you can kind of Get more experience more screen time and figure it out for yourself if you want something more or less So that's kind of what I would suggest Yeah, I hadn't really considered VWAP when I was looking at this particular one but uh You know, you can see where uh v poc shifted down And then VWAP's above the the v poc And then v poc shifts up again So I'm very different when it comes to to a lot of these levels I don't I don't necessarily Dislike them or like them, but I look at them and I want to have An expectation of what happens when price gets there And I think that that's kind of way more important than VWAP doesn't work VWAP does work v poc doesn't work v poc does work You know, don't get it. You don't need to be in the argument What is your expectation of price gets there? Did it meet your expectation? If so continue the trade if not Well, then get out of the trade, you know that kind of concept. So and I do that not just with VWAP I do that with liquidity You know that large band of liquidity that we see down there if we don't transact through that And then I get a higher low. I'm looking at entering this market at probably 8 a.m On this chart as opposed to waiting like you necessarily would have mainly because for order flow I'm seeing everything I want to see to not be short of this market and I want to be long But again, that's different risk profiles different trading styles. So Just maybe a little bit of confidence there is all you really need but Really good overall order flow stuff great job. Oh, yeah. Yeah, I kind of see the That third dip towards the wall down there Yeah, exactly making it past there. So not only is it not making it past there Not only is it not making it past there, but look at volume Volume coming down this time is significantly less than it was the previous two times so when You've pushed down and then on a lot of volume and then you didn't make it there Or you didn't make it through and you get that pullback Then you push down again on strong volume and you didn't make it there and you get that pullback And if you push down again and there's just not that volume there That's that's potential for a really big counterparty group to get momentum in the other direction and and really that's what you see and then from then on It's just green orbs pretty much all the way to the top. So That's that's kind of like That's more of the order flow elements that you're looking for specifically in this particular location And I look at that anytime I have large bands of liquidity. That's what I want to see essentially And you can also see this in market pulls volume pressure Yeah, I think that I could see how that could fit into that pattern I'm working on Yeah, right now like you've done a great job simplifying your approach finding there finding the thing that you see the best and then Leveraging that thing and then from there you can expand out. So you've made huge huge improvement And I know bruce has mentioned that a couple of times. So really good job though Oh, thank you All right. Let me uh, let me move on um to uh, thanks rob And we'll go over more tomorrow during the all markets webinar. Um, and maybe we'll kind of focus on uh, leaning on uh Previous activity. It's so important So we're not looking and you know at this myopic little view in here and this little, you know Move and that little move and then it goes down and then it, you know, then it finally goes up How do you know? Well, we need to look at all of this in here Then it makes it much easier In my opinion, so Anyway, we'll we'll chat more tomorrow about it. Um, let's see. Um All right, so I've got uh slowdown put some great images together here And so let's let's go through that and Thank you slowdown. Uh, so Uh, Cesar, I don't know. I mean, I think you've you've got all this text from him already Some gems in here some really nice feedback in here now He's taken these points and he put them onto the chart for you as well. So here's number one here and Yeah, so it looks like You got long in here and You you're waiting for it to kind of, you know, a continuation and and The wires to break in and come in and then move on up uh, and then, uh, it looks like, uh You then You tell me, but I believe then maybe you added into it here Uh, uh in in this area in here uh, and slowdown is um talking about your risk reward in here that, uh You know, how you I mean, you're looking at one to one here and then, you know, two to one here, uh, and then Uh, and then adding into something now if you're scaling in And that you're going to take a small position here and then maybe a You know another small position here kind of looking for, you know, a turnaround in here then that's something different but uh Yeah, the um kind of risk reward is something to Definitely keep an eye on uh in here. So, um Anyway, uh, let's see, um Yeah, we have some high liquidity in here, which is nice. Uh, and As it comes back down it does trade through it here And then we get back up above it now. We're looking at a stock here. We're looking at microsoft So, uh, you know, it acts a little differently than some of the futures products but Anyway, we trade through it, but we get back up above it here and you can see the the bid in here Um, you know, kind of goosing this a little bit up into high liquidity in here on the offer But um, uh, anyway, uh What slowdown had mentioned in here, um Uh, yeah that Should have held until uh your r3. You're looking at your pivots, uh in here um and matching with the high liquidity Is is a good thing. You know, you've got the order flow here in bookmap and as stan was mentioning Use it, you know, uh, you'll get an edge By understanding the orders, uh in here and the reaction. I mean, it's all about orders Markets made up of them so Anyway, um This is I know you're new in here. Uh, welcome to the academy We'll go through a lot more. I mean slowdown has has has quite a bit in here That he covered so You might want to um, you know, take a look in further To the um Some of the feedback that he's that he's given here Okay, so I'm sorry to kind of go through it so quickly. Alan, uh also in here, uh, you some really nice comments in here, uh with, um Looking at uh, yeah, I have some my my own comments in here as well, but uh, uh, seeing the buying interest starting to come in, uh, and I'm moving this back up. Um, and um, they're interested in higher prices right so, uh, and then Then number two We see an instant reaction from buyers. Uh after picking up stops at the vwap and the and the previous swing Uh in down in this area in here. So down into this area. You can see vwap is trending up All right, so we can't see what's over in here Vwap is trending up. Uh, and then uh, uh, you know, he said, uh You're being patient. You're looking you're waiting for that conviction For these, uh, these buyers to come in, uh, and and present themselves That's when you're looking for the the momentum move, uh to start to unfold here So, uh, and then he also really likes how you're, uh, holding here You're looking for that that um taking into account the speed of the move To try to maximize your profits here leaning on Um, a stain with the dominant side of the trade until it proves otherwise. So really really great. Uh, this is a big Um, I know you've been covering stuff like this Alan, but uh, I I totally agree with, um With slowdown in here your your, um Notation is is is becoming clearer what you're looking for is becoming clearer and you're really starting to understand momentum Uh, this is it. That's really great. This will Should make a huge difference in your trading Uh starting to understand when that's picking up and then how to stay with it, uh as well Because you're looking at the vertical, uh moves in here, uh, which is uh fantastic You're looking for that conviction, uh, and then going with it now This was a mean reversion you said in here, uh on the I guess on a higher, uh, no, you know higher time frame Uh doesn't matter. Uh, the the momentum is in here in the buyers in this image and man, uh keep keep going stick with it, uh, and uh You know you've got uh It looks like you're finding your way On what it is is your strength So i'm sorry guys. I'm gonna have to kind of move on. Uh, can't open the mic here but uh wanted to uh Because I want to wrap this up for for everybody because we're gonna do this weekly. All right, so we got a lot of images in here uh and Next one, uh d&t matter, uh, so, um He makes a comment in here about a nice nice idea in here like you've got, uh Kind of a creativity using two sub charts in here One layered upon the other. Uh, so you've got uh duplicate images or you you're using uh the the um symbol duplicate, uh, and uh and adding that uh extra Sub uh chart pane in there, which is nice. Um really clean um Notation as well, which I totally you know agree with um, I really like the comment from slowdown about that That the cleaner it is the more time you edit and hone it the more You understand exactly what you're looking at uh, and uh And then you can start to take away things Uh, and uh and then focus more on on other things uh, so um Let's see. Uh, what else does he say here? Um Yeah, the some uh interesting divergence, uh Not something on its own, but is necessarily actionable But perhaps a caution if you're looking to join what could have been viewed as a A trend higher out of the open iceberg skew CVD skews the cvd um On both sides though. So um, yeah, anyway, I can see the um You got your cvd in here and your divergence in here And uh, yeah, if that's something that it can confluence that you're looking for All the time then excellent Um, I I am I myself. I'm kind of careful with it. Um I I've been burned so many times by it. Um in the order flow is usually I find much more reliable but uh You know, you've got your your way of trading uh the um Nice use of the absorption um Market pulse tool in here. I really like that. I know that uh Uh, you were playing around with it and uh, uh, glad to see you get some, uh, um Some really nice use out of it here. It's it's very clearly telling you Some things up in these areas here So, um, uh, yeah, keep going. Uh dnt I would say another thing in here. Uh, oh, yeah, he also mentions in here like, uh, really good to see you're kind of Uh Little synopsis up here What you're looking for also jack had mentioned the same thing Uh, another thing too like um You know, you keep going. I You know, you're you're just kind of bouncing on this cusp of making it into the uh book map academy uh Need to see more images from you uh, and uh, uh, you know, it doesn't have to be too detailed but um just Further your your your trading uh through journal journalizing uh, and uh, uh, you know crash has made it through uh, he uh Has Really journalized a lot. He's found his own strategy through it Uh, and uh, and now he's just going deeper and deeper into it more confluences, etc So, uh, I would just um, uh, you know recommend to keep with it uh and Do more Uh, if you want to get more out of it. So Um, anyway, that would be my uh comments here Uh, so you can reach out to slow down any of you guys, uh for um, uh, you know further um, you know Summary of orb in details on what exactly uh, uh, you know, he was talking about Uh, you got you know, cesar you're new in here. So welcome. Great job Alan you're getting you're getting uh, you to me it seems like you found something you really like Which is makes a huge difference and then d&t matter Also honing your strategy getting better and better here Uh, guys, that's everything. That's all I have for for you. Uh, if there's uh, any further questions in here Let me take a quick look and discord No, I think so. I think we're good. I don't know if d&t is in here. Oh, yeah, he is okay Yeah, I'll reach out to you. Um Okay, yeah, no worries. You just popped in but Yeah, I'll reach out to you d&t Uh, and we'll go through um Some of the uh details Anyway, guys, thanks so much for coming. Thanks stan. Uh, thanks jack. Thanks slow down And thank you guys. Uh traders here. Uh, we'll do it again next thursday. We'll see you then Okay in the meantime take care and uh, um, yeah, keep keep journaling keep going And uh, in fact keep going right away so that we can cover them in the next meeting not that like the day before We won't be able to get to them. Uh, you know, it takes a little while to give us, um, we need some time to give you guys some coaching Okay, thanks guys. Take care. We'll talk soon. Bye