 All right. Good morning everybody and welcome to the book map special event webinar here today with Oliver sparring On order flow this webinar will be in German I will give a brief introduction here as you guys can see. Well, this is our first introduction to foreign language Well, actually we've done a few before but we're going more in this direction foreign language webinars and content So we're very happy to have Oliver and In the German language here. I will be putting his contact information. He has a website as well as Instagram He is a mentor and educator Put this into the chat for you I'm going to read the risk disclosures. I'll let Oliver introduce himself because it is in German and I cannot read that General disclosure all book map limited materials information and presentations are For educational purposes only it should not be considered specific investment advice nor recommendations The risk disclosure trading futures equities and digital currencies Involves a substantial risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results So Oliver once you go ahead and share your screen and I will share it from there Perfect Okay, for those of you joining just another note if you're just joining now this will be in German Okay Pop this out. I'm sorry. Hold on a minute. This looks good. Okay. Yeah, we're all set It looks special right now. I'm not sure if you see the same as me. I'm seeing an infinite mirror Let me let me just start it again Okay, so this is strange. I still see the infinite mirror. Hmm. Okay. Hold on a minute It worked like a minute ago. Yeah, it's let me try this again here. Hold on. This is yours Okay, maybe maybe you are Streaming from Another screen I Am not this is my main screen and let me just start it again. Okay, I Mean it worked like a minute ago. Why shouldn't it work now? Yeah Okay, if I close this court, can you see my Desktop now I do still an infinite screen. No, no, I see a spying investment Academy Okay, I just put Book I've just put discord aside man. Yeah, hopefully this will work. Okay. Also auch von meiner Seite aus noch mal ein ganz herzliches Willkommen hier zum ersten deutschsprachigen Offiziellen book web webinar Ich freue mich riesig, dass ihr heute mit euch machen zu dürfen wie der bruce ja schon angekündigt hat möchte book map in Zukunft sein webinar angebot auch in mehreren fremd sprachen Erweitern und wenn ich das richtig mitbekommen habe sind wir hier in deutschland die ersten die das also im offiziellen rahmen machen dürfen Bevor wir anfangen noch einmal ganz kurz der risikohinweis auch von meiner Seite aus denn wir sind ja hier im deutschsprachigen raum und ihr wisst bei uns ist das mit den Gesetzen immer so eine sache deswegen zeige ich das ganze hier natürlich auch noch mal in deutscher sprache ich erspau ich jetzt mal das alles vorzulesen aber ihr wisst Wir machen hier Lediglich trading zu demo zwecken und jeder handelt auf sein eigenes risiko das hier ist keiner anlage beratung Nochmal bevor es losgeht ein ganz kurzes wort zu mir mein name ist oliver sparing ich freue mich auf jeden fall hier heute bei euch sein zu dürfen und dieses webinar leiten zu dürfen ich bin ja 1987 Ich komme ursprünglich aus dem unternehmerischen bereich habe nach dem studium zwei firmen aufgebaut und bin seit den Jahr 2011 als trainer an der börse tätig wie so viele von uns habe ich das ganze zunächst im selbststudium Bekommen weil ich dachte das muss ja alles ganz ganz einfach sein und das ist ja bestimmt alles ganz ganz schnelles Geld ihr kennt das sicherlich irgendwann kommt man dann doch zu dem punkt wo man feststellt Okay eine sinnvolle ausbildung wäre dann wahrscheinlich doch der richtige weg und so habe ich persönlich über die jahre sehr sehr Viele verschiedene ausbildungen im tradingbereich sowohl im inland als auch im ausland absolviert mein eigentliches handwerk Welches ich heute auch unterrichtet das habe ich schließlich in london gelernt auf einem größeren trading floor Ich verfolge sowohl kurzfristige day trading Strategien als auch mittelfristige strategien im bereich des option straightings the swing trading und hab schließlich im jahr 2021 meine eigene trading akademie die sparing investment academy gmbh gegründet habe einen riesen spaß an meiner arbeit wir haben sehr sehr nette kunden ich Für mich ist es so die perfekte aufteilung des jobs ich habe vormittag ich bin klassischer vormittag straighter ich habe vormittags meine Trading session kümmer ich kümmere mich am nachmittag um unsere kunden und schüler und um die schule im allgemeinen Und habe wirklich große freude an mein beruf wenn ihr mehr von uns erfahren oder mehr über uns lernen möchtet oder natürlich über das trading im allgemeinen wir haben so einen podcast den gibt es auf youtube und auf spotify Der heißt die börsen schule und wir betreiben außerdem als sparing investment academy einen eigenen youtube kanal wo es ganz viele informationen zum thema trading und natürlich auch zum thema book map und order flow oder buch trading im allgemeinen gibt Wie wird das ganze hier heute von statten gehen ich habe mir überlegt dass ich die session gerne in vier teile aufteilen möchte Wir fangen zuerst immer an mit klassischen trade analysen von trades die ich am vormittag absolviert habe für unsere kunden nehme ich sowieso eigentlich so gut wie jeden meiner trades auf Spiel den dann im nachhinein etwas schneller ab damit man da nicht 15 20 minuten vom rechner sitzen muss um sich alles anzugucken Und stellt das uns um dann zur verfügung wir werden hier uns gleich gemeinsam zwei von diesen trades Anschauen und ich werde das ganze kommentieren was habe ich da gemacht was habe ich mir überlegt was war die grundsituation und warum habe ich diesen trade Eröffnet und natürlich schlussendlich auch wie habe ich ihn gemanaget Und zwei ist die analyser der markt struktur wir schauen uns ein bisschen außerhalb vom book map mal an welche marktphase haben wir gerade wir werden uns dafür in jeder session einen markt vornehmen klassischerweise natürlich den es also den s und p 500 future Aber gerne in zukunft auch mal den gold future oder den erdöl future je nachdem was da gerade so im moment spannend und interessant ist Darauf kommt der dritte teil eine art live markt an der Book map anschauen werden wo wir mal gucken werden wie verhält sich der markt heute in welcher marktphase befinden wir uns wo sehen wir eventuell trading Gelegenheiten und Könnte man in den entsprechenden situationen vorgehen und ganz am ende gibt es natürlich noch eine q&a Runde ihr könnt eure fragen stellen grundsätzlich könnt ihr natürlich auch eure fragen während des gesamten webinars stellen Also ihr müsst euch hier nicht zurückhalten ihr könnt die sowohl bei discord in den special events kanal Schreiben oder natürlich eben bei youtube wer von euch über youtube zuguckt So Das mal zum offiziellen teil jetzt würde ich sagen beginn wir direkt mal mit dem ersten trade und den habe ich heute Vormittag im e s umgesetzt ich muss mal dazu sagen ich komme hier ganz frisch aus dem urlaub wieder Ich war eine woche in österreich auf der all mal ganz ohne internet und ganz ohne überhaupt großartig verbindungsverausenwelt das war auch mal sehr nett Dementsprechend musste ich heute morgen zu sehen dass ich hier noch ein zwei schöne trades für euch finde die ich euch dann auch zeigen kann Das hat gott sei dann geklappt ich hat einen sehr schönen trade im e s und ich hat auch einen sehr schönen wenn auch Kürzeren trade im gc. Das ist der gold future So schauen wir uns einmal Gemeinsam an was hier so die grundsituation Situation war wir kommen hier aus einer längeren Sidewards range ich denke bookmark an sich hat jeder von euch schon mal gesehen wie das ganze hier aufgebaut ist ansonsten Schreibt gerne einmal in den chat wer jetzt noch überhaupt nicht weiß was die ganzen streche und was die ganzen Blasen hier in der Mitte zu bedeuten haben dann gehen wir da gerne noch mal ganz kurz drauf ein ansonsten würde ich einmal davon Ausgehen dass ihr zumindest grundsätzlich wisst was bookmark ist wie bookmark funktioniert und was es uns zeigt Also, wir sind aus einer längeren Sidewards phase aus der ja nachzischen aus der asiatischen session gekommen Wer von euch aufgepasst hat gesehen dass wir heute mit einem größeren get nach unten Die handels session begonnen haben aus dem wochenende Befinde uns ja gerade in einer etwas umfangreicheren korrektur Und und das werden wir uns gleich auch noch mal bei der markt struktur analyser anschauen Wir hatten dann einen pullback nach oben in richtung vortages tief jetzt sehen wir hier in bookmark wunderbar wie Am level dieses vortages tiefs sehr sehr viel liquidität im ask herrscht Wir haben hier also sehr sehr große limit orders im ask liegen die hier und auch das können wir sehr sehr schön sehen Schon eine ganze weile im markt sind ich lasse mal den trade einmal abspielen damit wir hier nicht all so lange die ganze grundsituation besprechen müssen So wir nähern uns also diesem level und wir sehen hier schon das ist mehrere Ja verkaufs signale aus dem trade finder gibt der trade finder wer von euch das nicht kennt das ist eine plug-in Erweiterung für bookmark geschrieben von einem sehr sehr sympathischen und sehr sehr netten und hilfsbereiten team aus guten und fähigen Programmierern Grundsätzlich der trade finder dazu da um das ganze was wir hier so im order book sehen und was wir hier auf alltäglicher basis Analysieren und dann letzten endes auch trading um das ganze einfach visuell noch besser sichtbar zu machen um akustische signale Ausgeben zu können wenn es zum beispiel zu absorptionen kommt wenn es native iceberg orders im markt gibt oder ähnliches So jetzt kommen wir hier also an unser level ran wir sehen die erste limit order Die hier im markt lag die wurde hier auch gefillt und wir sehen hier unten bereits wie es zu mehreren ausschlägen in dieser mv stop linie kommt mv stop linie ganz grundsätzlich ohne die ins tu zu technisch zu werden ist eine art cumulatives delta welches aber mehr als oszillator fungiert welches also immer um eine null linie herum fungiert und oszilliert und dementsprechend hier sehr sehr schön Signale ausgeben kann wenn es zu sehr sehr hohen aufkommen an market orders kommt Was wir letzten endes dann als ja möglichen einstieg in unsere trades nutzen können wenn das ganze denn an einer relevanten zone im chart passiert Wir sind also hier oben an diese zone gekommen die erste limit order wurde gefillt wir sehen wie hier immer stärker Market rein gekauft worden ist der kurs ist allerdings nicht weiter gestiegen wir sind hier nicht mehr Weiter Richtung größerer liquidität gekommen Stattdessen haben wir hier immer mehr signale bekommen was die absorption angeht und auch die volume spike signale Es wurde also immer weiter market rein gekauft die käufer haben sich hier aber letzten endes die zähne ausgebissen und sind nicht weiter nach Oben gekommen stattdessen sehen wir hier unten wunderschön Sowohl in dieser price dynamic plot linie die stellt so ein bisschen das verhältnis zwischen market käufern und market fair käufern da Wie hier so langsam das ganze ins rote überschwappt wie also die aggressiven fair käufer das ruder übernehmen und wie dann letzten endes der preis auch anfängt zu sinken wenn ihr hier sehen könnt Ich habe hier diesen kleinen feier drin der markiert im prinzip den zeitraum wo ich meine verkaufs order meine short order Eröffnet hat der stop den habe ich hier oberhalb der großen liquidität quasi platziert diese große limit order die schützt quasi Meine stop order die benutze ich wie eine art dicke decke durch die sich die market käufer erst einmal bohren müssen um hier weiter voran zu kommen und mein target Erst mal platziert kurz vor dem weepock des tages trade ist wunderbar angelaufen wir haben hier diese kleine sideways range gehabt ihr seht hier Ging das ganze hatten wir direkt eine break out situation mit einer sweep order über 200 kontrakter auch das zeigt der trade finder hier wunderbar an Hatten also direkt hier das follow-through in unsere richtung gab noch mal einen kurzen pullback dann noch mal ein erneut des Verkaufsignal aus dem trade finder und dann lief der trade hier eigentlich auch schon wunderbar an jetzt habe ich so lange gelabbert dass der Trade eigentlich schon durch ist vielleicht noch mal kurz hier in der Mitte zum management Wie ihr seht ich hat meine stop order hier relativ lang Über dem einstandskurs gelassen und erst nachgezogen nachdem sich hier so ein bisschen diese sideways range Gebildet hat und vor allem nachdem diese größere limit order hier im markt aufgetaut ist aufgetaucht ist nicht aufgetaut Ihr könnt euch schon mal so als grundlegende faustregel merken der markt tendiert immer dazu hin zur größtmöglichen Offen das bedeutet der markt möchte immer tendenziell er dahin wo die größt limit orders im order buch liegen Dieses verhalten dafür haben wir hier diese gelbe im balance line das ist diese linie hier wenn die also auf der gelben linie liegt Dann bedeutet das dass wir eine im balance auf der ask line auf der ask seite haben das also mehr Limit orders im offer liegen und wenn diese linie hier unter die null fällt und dann entsprechend blau werden würde dann bedeutet Das wir haben ein übergewicht an limit orders auf der bittseite dann tendiert der markt dazu er auf beziehungsweise er Richtung bit zu laufen Was bedeutet das jetzt für mein trading handele ich jetzt niemals gegen diese im balance line nein natürlich nicht wie ihr seht Hier habe ich sie auch nicht gemacht die linie ist gelb das bedeutet der kurs wird höchstwahrscheinlich er dazu neigen Mittelfristig zumindest nach oben zu gehen nichtsdestotrotz habe ich mich hier für eine short order entschieden Was ich in diesem moment allerdings tue ist dass ich Meine trades etwas aggressiver manager das heißt ich tendiere er dazu meine stops nachzuziehen etwas aggressiver nachzuziehen den trade vielleicht er auf einstand nachzuziehen Als ich das vielleicht tun würde wenn ich sehe wir haben hier eine starke trendbewegung In richtung der im balance So dementsprechend habe ich jetzt hier gewartet Bis quasi die erste größere limit order in irgendeiner form hier nachgezogen wird das ist hier geschehen Worauf ich eigentlich hinaus wollte limit orders die lange im markt liegen große liquiditäten die lange im markt liegen die Ungären er als ein magnet für den preis das heißt der preis möchte er zu diesen großen liquiditäten hin Andersherum Liquiditäten die hier oder allgemein limit orders die hier in der nähe des kurses und sehr sehr spontan Reingezogen werden das sind in der regel er spoofing orders von großen institutionellen händern wir bezeichnen sie auch als OTP als other time frame participants In kurs von sich wegzustoßen wenn ich also sehe hier kommt eine größere order im ask rein und das auch noch ganz in der Nähe des aktuellen kurses dann gehe ich eher davon aus dass der kurs dazu neigt von dieser order wegzulaufen und das tut er ja jetzt hier Zum aktuellen zeitpunkt auch ihr seht hier würde ganz stark nachgelegt Im ask und augenblicklich fängt der kurs an zu fallen hätte dieses und ihr seht hier wird es auch schon wieder rausgezogen Das heißt die wir können eigentlich davon ausgehen der einzige sinn dieser order war den markt tendenziell erst mal von sich weg zu drücken Das ganze gut für mein trade und natürlich sehr schön dafür meinen stop nachzuziehen jetzt sehe ich wir bekommen hier aus dieser kleinen Mikrostruktur den erneuten break out nach unten Dementsprechend habe ich hier über dieses level meine stop order nachgezogen jetzt bekomme ich hier schon das erste gegen signal das heißt hier wurde Jetzt schon sehr sehr stark market rein verkauft aber hier sind gerade aus irgendeinem uns noch unbekannten grund Erstmal die fairkäufer nicht weiter durchgekommen jetzt bekomme ich hier noch ein so genanntes market volume stop signal Und das war dann auch für mich der zeitpunkt wo ich mein trade geschlossen habe weil ich jetzt hier mit einer stärkeren korrektur Gerechnet habe dieses signal kommt in der regel nur wenn wir also eine art exhaustion Situation haben wo also starke marketkäufer in richtung des trends Aktiv werden beziehungsweise in dem fall starke marketkäufer Verzeihung starke market fairkäufer der kurs singt allerdings nicht weiter Stattdessen kommen einfach keine neuen market fairkäufer nach und es kommt hier zu einer stärkeren korrektur Und dementsprechend da wir hier wie gesagt auch die im balance auf der ask seite haben habe ich den trade an dieser stelle dichtgemacht cfv war mittlerweile bei 3,2 3,3 zu 1 zwar also ein wirklich sehr sehr schöner trade und ich sage mal so als ersten trade des tages bin ich sowieso immer eher darauf aus Gewinne schneller zu realisieren damit ich erst mal ein bisschen was auf den konto habe als puffer Wunderbarer trade wäre natürlich wer das ganze weiter verfolgt hat wäre noch deutlich weiter in meine richtung gelaufen hätte auch Tatsächlich hier noch mein target am weepock erreicht danach ist allerdings nicht mehr sonderlich viel weiter nach unten gelaufen sondern hat Weiter nach oben korrigiert Nichtsdestotrotz Man muss aufhören sich über solche sachen im nacht im nach hinein zu ärgern ich weiß wir sind alles nur menschen und auch ich könnte Da manchmal fluchen aber das gehört zum trading absolut dazu und ich bin mir sicher das kennt ihr alle Bevor wir mit dem nächsten trade weiter machen würde ich einmal ganz kurz bei discord gucken ob es schon die ersten fragen in irgendeiner form gibt Hier ist noch nix YouTube ist schon etwas mehr los Hallo an alle Which what instrument is he showing? Das war gerade der es spricht der s und p 500 future Okay But Then would I say we're going to continue with the situation in gold I think that was my first trade The one that was gold so today morning also he was slowly on the way Now we have a full picture He was slowly on the way As you can see we also have a slightly longer side-up phase which has been going on for over half an hour We have both liquidity on the ask side as well as greater liquidity on the bit side We have kept us here with the course inside this channel The depot of the day was up to this point And in this case you can see that in contrast to the last trade in the s We have here the Liquidity in balance on the bit side That means in this case The majority of the larger limit orders Bit what does that tell us That tells us that the course probably in the mid-term area of ​​the day will tend to go down So now we are in gold, yes, anyway, more in a downward trend He's been running for a long time now And that also does something like that here, somehow physical gold Uh to lie had or in gold invested is uh Because he was just after that as if the whole thing would repeat and go towards 2,000 Now we have, as I said, here again the slightly larger Yes Corrections in this market and accordingly the whole thing in the intraday area here anyway rather on the short side interesting What happened here? We are up here at this level Here we had a somewhat unobtrusive order Had that here, however, already in the course of the day always made noticeable again In addition, this was a zone that I have already described in my Tomorrow's analysis, which is exactly what I mean by that. I'll show you that myself Of course, when it comes to the market structure So the course has come to this level. We have here again in the trade finder The volume spike had, that is, here was bought by a time frame of 30 seconds very, very much in the market G but you can already see here, before this limit order, a small side Consolidation Let's take a look down here at the market volume stop line. You can see how it has been quite volatile Had here was so to this two points still very, very massive market G bought buyers are here but somehow not further through and while this Consolidation here forms, you can already see how this Mv stop line here is strongly Disappeared as well as the buyers here simply and fluently the air goes out and not only that There are now also the first market buyers in here because you can see as quickly as the line is here She just falls back and that is of course our advantage, the whole thing this time in the direction of the imblance So I opened my short trade here stop order Was here pauschal at 10 ticks. I pull it right away. Actually, there were eight ticks meant. I pull it right here A little closer to the limit order so that it is like two three ticks over here And I chose the liquidity as a target down here. Basically, it makes my experience always sense As between targets bigger limit orders to choose If you are here with several contracts in the market, then of course you can scale out very, very nice Go in and out again. That means you could set up your position here step by step And accordingly, as soon as you reach your first target here, maybe not the whole position, but First of all, go out with a share sale, see how the market behaves. Maybe we'll get a correction where you can Pull the stop nice If the market then continues, then you can try to hold the trade for a little longer time. Just like in this situation here Where we have the imblance line on our side, which tells us that we are here Tendentially go down. So That first of all to the basic situation that this trade has gone out. When lila file was again The opening of my trades. I am in this case here only with one contract short. And here too, we see a wonderful follow through That of course always makes a lot of fun. That's not always the case in trading. I think you all know that The market is going through First of all at such limit orders for a while to run sideways. That's not unusual. Maybe we can do a retest again You can then look very nicely See if possible divergence in relation to mv stop lines So now we have a little orange box here that has been formed. That was here just Let's do it back again That was just our trade finder again. He shows us that a native iceberg order has been placed in the market So here someone has transferred a hidden order to the comax, a larger institution of the hindler in the rule That here in one piece, that means contract for contract, builds up its larger position The 38 here shows us that he has already bought 38 contracts on this level in one piece And every time the market is here on this line, it would enlarge its position. In this case, that was obviously here at 40 contracts in the case of the case And accordingly, this order then disappeared again You can see here, for example, there is a bit. If it had reached a size of at least 50 contracts, then it would have stayed here in my chart for a long time And it would still have been shown That can be configured in this way and you have to configure all this market for market, depending on the liquidity of the market So now we have the first major sideways phase I have a tick over the limit order for the stop Meanwhile, here we get the next smaller breakout in the microstructure down. Accordingly, I have changed my stop order again Now you have to pay attention to this Such things are always very interesting. We had a larger limit order in the ask here It is filled here, that means the larger order has been taken from the market, is therefore filled by market purchases The market does not turn at this point, but continues to break through If the market is filled to such levels, where such larger liquidities have been filled before, back Then these levels often work in the other direction, in this case as support And we can now see that relatively precisely here. The market falls to this level and starts to rise again in a short time So the market rises again We don't want the market to be large again over our previous rise In the market, the MW Stop Line shows us that the tendency is to buy R-Market-3G So here the sellers seem to be going out of the air, which is counterproductive for our trade In addition, we have this little histogram here. Maybe you have noticed that already. Here we see a 251 to 36 That means in this case, that here in the visible area, in the visible area of ​​the course, 251 orders have been filled in the shopping area as hidden iceberg orders While on the other side only 36 orders have been filled on the ask side, i.e. on the market Sorry, on the limit sales side The tendency is that here more institutional shopping positions are built, which is not necessarily ideal for our trade So here I have been more aggressive with my trade management At this point, however, not yet necessarily the reason to not trade So from our initial follow-through, here is now a little bit of a sideways phase But the whole thing is not too bad. Our original trade idea of course exists here Before we go from the correction and now we see the breakout from this sideways range We see how the MW Stop Line is going south again And now we have the breakout from this microstructure What has now left me to do is to pull the stop back a little more aggressively I don't necessarily want the sellers to be able to get out of this sideways range I don't want them to give up when the course goes back to this breakout level But I want them to have their prices, which they have just established, to defend them So the stop here makes me over this level Depending on how aggressive you want to manage your trade from the situation If I were a little more optimistic, I would have left it up here In that case, I am a little more aggressive here, as I said before Now the market is making the pullback here at this breakout level and taking our stop order In this case, no huge trade We had an 8 ticks risk, won 12 ticks, so CRV 1.5 to 1 is okay There was also much more in the end of the course, it actually went pretty far south But as I said, you have to discipline yourself and make sure that you get used to it Even if you don't get it all the way away, not when you're as ticked as I am Okay, let's take a quick look at the Discord channel If there are any questions, there is nothing here Let's take a look at YouTube Supertrade in the WC and the EES, I liked it Yes, Bernie, those were really nice trades, they made fun of me As I said, I was a little under pressure this morning I had to show you something, I knew that today is the session in the last week But as I said, I wasn't able to trade or trade there, only because the internet connection is not the most stable So today, in the morning session, I prepared a little bit and did a little bit And of course it went really well that we got these great trades here So, now I would like to continue with the pure market structure analysis That means, let's take a look at what the EES has done today And probably will do the same today I use this both as a software bookmap But I also use SierraChart to define the zones here, such as medium, volume profile and market profile In which I look at trades for the first time Maybe a word for that You have to always answer two questions in the modern day trading From my point of view and my experience That is, where and what In the past, in the good old days, there might not have been so much algorithmic trading Or there was no algorithmic trading Everything was a little easier And there it was often enough for a functioning trading system If you only answered one of these two questions Maybe you know the Turtle Trader They have a very, very detailed and very, very simple system In the 80s and 90s They also added a lot of inexperienced traders That earned a lot of money They traded just over 52 weeks And adjusted their position size to the volatility They earned a lot of money with it And as soon as the regular work of this system has become public In the mid-90s, the strike has stopped working Because too many people traded it after the same regular work And that leads to a statistical system that simply fulfills its advantages And doesn't work anymore from now on What did the guys do? They only answered one of these questions What does the course have to do? What has to happen to open up a trade in some form? Nowadays, as I said, the whole thing is Because of the millions of billions of trading algorithms in the market There is something more complex We always have to answer two questions Where does the course have to go So that a trade comes into view for me And what does the course have to do there So that I click on buy or not click on buy It can be that I have a classic set-up Because I thought it would happen in some form And I would advise you to open up trades in such cases You always want to define where the interesting opportunities are Where have big market participants built up their positions Where is it to calculate liquidity And when the course comes to that And only when it is there Then you want to think about a trade I do this with my customers and students We take market profiles as well as volume profiles The whole thing looks like this in Sierra Charts I always use the very useful replay function of Sierra Charts And put the market back to zero on today So I can't see what happened today If I start my session at 9 o'clock in the morning Then I already have the whole course And the accumulated volume from the Asian session And I don't want to see that I want to start fresh and draw my levels I don't want to get too deep into this matter Of course it can be our customers We want to deal with trading with BookMap Basically a few levels that belong to every good market We have the target market profile In any case, I would always pick the advantage And choose the advantage level I personally like to mark turkeys on the advantage level And gold on the advantage level Then I see a market profile A TPO mountain And I would like to be active in this lower part of the course This lower edge of this mountain Then I would like to be active here with a trade And also for the case that the course slides down And this is just relatively likely in the ES Because as I said, we are in a stronger correction And we had a very strong trend day On Friday I would like to draw one or two levels On which I would look at trades For this we have to go back to the chart And take a look at the market profile From the 23rd to the 7th This is the last time that the price was around 4000 Of course, it is also a very, very marked round number The 4000, which of course is found by many market participants Especially institutional market participants So definitely one area And then I would look at this area Where this upper edge of this TPO mountain Again as a potential trading location To refine the whole thing now I take a volume profile again Because I would like to draw these levels Which I would like to define as both volume profile And also in the market profile Very important, at least for my trading style So now it's taking a look A lot of data Let's zoom in a little bit To our zones This is how it all fits And then we would like to see the whole level To refine the whole level again So here we have the advantage The upper edge of the TPO mountain I would place it here on the upper edge of the TPO mountain Then we see here Wonderful value area low Of the previous week And this one curve here in the volume profile Then we have the current value Here we now have A possibility To see a small volume edge Always pay attention Always pay attention to such edges In volume mountains Because they show us That this location is absorbed In some form And accordingly in some form Also built larger institutional Sprayers their positions Also built their positions Here we can already see the location Is a little messy from the market profile Also here we would like to Move the lower edge And then Are really good in the area Of the 4000 points And only When I have drawn this Level image here I always make a screenshot For our customers And then we can see How the whole thing would have developed In the course of the day So that's just standing here Tonight 0 o'clock What did the course do here in the future And then I always posted A screenshot at the end of the day To see how our levels And our trading locations actually worked How the course reacted to it And where could you find Potential trades First of all to the market structure analysis Now we can take a look At our course Before we go back to the bookmap And we see We have a really nice Long-term side day Until now We already had the U.S. market opening 10 minutes ago Let's take a look at the bookmap in a moment But we see we had this strong Trend day on Friday Here the gap tonight Then the course today in the morning Here near our advantage Came down That was the place where I turned the trade I showed you earlier in the bookmap And since then it has been rejected The trading idea is basically At the advantage Deep here we are looking for In such a day The short trades And here in the area of 4,000 points Of course we can also calculate with strong liquidity We would now look for the long trades Should we Break this level sustainably And stabilize us above this level And accumulate volume there Then of course the whole thing Has to be evaluated again There are basic questions About market structure analysis So, if Fluence is asking Why is there a larger limit Orders in BitAsk Unlike the return of the course Other than resistance in BitAsk That can have Very, very many different reasons Depending on what the intention Of the other time frame participants That is, the institutional handler Who just built this position Or built it We cannot say at this point Did someone Eventually build a new position Did someone take profit there And closed a existing position So that can have Very, very many different reasons And reasons It can be trap traders Who try to To close their positions That they opened on the wrong side And quickly get out of their Break even So that cannot be answered So easily But try to Observe in the market When you see this We really have this situation again and again And try To build up your own statistics And observe the whole thing What happens when the market After a breakout By a level of liquidity At this level of liquidity Often we also see so-called flipping That then The order on the one side Is filled and then On the other side Let's see if we can find it somewhere At the moment Not yet The limit order Has already come to an end What I mean When we get this limit order out We stabilize In this case Of course the market was rejected But we would have walked up here The market buyers would have been Active, had pushed the course up And then this limit order Would have been moved directly In the bid With so-called flipping That is always a very good sign If you had opened a long position To keep the trade in its direction Now we see here What the market is doing The market Has some of our big limit orders Purchased We see Here was already a whole while in the market So someone filled the limit short The market then went up briefly Here However, the market buyers did not want The course is further down Here it came now To the second run Strong market purchases again We see here below Wonderful on the MB stop line But also here again We do High, high, high High, high, high But in the MB stop So here in our Sailing cumulative delta I'll call it that now Is not confirmed So the further the course goes up That you are weaker At this point the market buyers And accordingly there is no wonder That they could not pass here And the course again Nevertheless We still have the liquidity On the ASK side Means the chance is Still at least First bigger That the market, these big limit orders You see, they are all here Very, very long already all day Somewhere in the market Partly that the market The earlier or later still gets Because the reason behind it We always have to assume How such limit orders here In the market That they first of all Have a very, very big potmoney Because you don't just lay As private small trader Here somewhere 261 limit orders In the market Then you say broker No, you don't do that So that means These limit orders that are here They are now spoof, whether they are fake Or whether they are real Several institutions in the market Which are also available About the corresponding capital Now we have to assume That these institutions More knowledge About the whole market structure And about the whole market event Than just private traders So they put their orders up here Always only from a specific Reason there No matter if they have a longer Limit order here They try with short-term orders To spoof the market in a certain direction They always have a certain intention And this intention Which is based on the fact That they know something So if they So up there Place these big limit orders At 4050 points Then they go out of For some reason That the market with very high Probability comes there Get rid of What the intention is behind And whether the market does that That's on another page But basically We have to assume That these limit orders are from a certain reason And that they want to be spoofed Especially if they are longer In the market Now we have seen Our retracement The Sellers have the course That these bigger orders Have been filled Now they have The upper hand You can see here In our price dynamics plot line In short PDP line That in this area The market buyers were on the route We had the breakout Under this microstructure That was defended several times We had a beautiful signal Which one In the short-term Could be somewhere If we look at it Then zoom in Of course Everyone has to develop their own style But I am always a friend Of having very, very tight stops And when I see that Right over this signal Here This limit order is still Two more very big limit orders Then I go out of it That the market Tendentially also wants to To these limit orders In this case Of course it was like that You could have run it front That means you could have With a limit order Right before this limit order Can put the stop one tick over it Then you would have a stop of two ticks Then you would have a few ticks That works again and again More often But it is not But as I said If you already see that here Right in the middle of this signal Which we get here There are more orders Then I go out of it To wait and see Maybe the market still has this order In this case it would have made sense You would have had two options If you already wanted to trade this signal Then the stop belongs Definitely over the liquidity Just too big that the market This limit orders is still missing Then you have a relatively big stop And then you have Not the ideal CRV Because Let's take a look at the market Let's go out of it Here we got our signal We are here In a sideways range That means we have to With greater resistance The lower edge of this sideways range Needs Once we have the imbalance Still on the ask side That means the greater chance Is still above Now you have to think about whether it is worth it If I go short here And up here What are these Here in the area of 41 Here we are in the area of 45 Four points 16 to 20 ticks Stop But then I definitely want the potential That the trade goes a little further Because I say CRV from 2 to 1 I basically always turn on First of all Now we have seen the breakout So the course would have done exactly what we expected It would have been better Wait to wait What happens if the market Needs these two orders up here And we see everything here Here the market speed A little slow We have made a little higher Here are the orders Here is the bigger limit Order has already been taken out That means here the intentions To let it be filmed It was obviously not necessarily there The stop line is already deep down here That means There is no more So much convincing power Of the market buyers After this breakout Here we see How the buyers go at least The order has been taken So if then Up here in this area The better option was to get into the trade And then we also have From possible chance risk The relationship is already a completely different Because then we may talk here From the tick stop And that feels In the ES already much better What did the market do here so nicely Since this situation Here we were just That is the situation we just Have promised, then we are back here At the lower edge This sideways range that we just talked about Here we have Wonderful a market volume Stop signal Whether you would have got it I dare to doubt Because basically It would have been a location That you could have seen here In trade If we look a little bit to the left We see how here This big spoof limit order in the market Which has not been filled here Which has been pulled out when the market came Accordingly here with a lot of energy The breakout over there Pullback at this limit order In this case again Then it went up and now we come back here In this area where this spoofing order was And as I said Then the market volume stop signal But That was already very fixed So who gets the trade so fast And is replaced He has a finger and I personally I didn't do it anyway Because I am rather a friend Of such trades really only then To implement when I also see The market sellers bite the teeth They don't come further down I want a bigger limit order In the immediate vicinity of this trade signal And I would like to see That this line is green here That means that on the other side Now the market sellers Will be active again and push the price up Because basically we have In such a sideways phase Is always to do with two situations We have up Wait So we can see a little more We have up here in some form The sellers sitting There is a very, very expensive price To sell it That is a so-called premium And we have down here In such a sideways range the sellers Who assume that these prices are low That this is a discount That is both for the micro structure As well as for the macro structure And if we now In the lower area Such a sideways range We want to look for our long trade What makes sense Is that our market sellers Our aggressive sellers will be active And push the price up In this case it was simply absorbed That the movement Was very, very intensive here But we do not really see here That the sellers take the Zepter in their hand And accordingly it is not wonderful That the course here Not so far in our direction And then even here Makes a deeper depth And finally this larger order Fills So we throw one last look On the current Band of things Maybe a short look On our chart We see how nice our trading location Has worked here, the course is here After the end of The pre-cash sessions In this zone We have seen how much liquidity Is here, the limit orders Were filled again and again The conviction of the market seller Or generally the seller The course here maybe again To catapult in higher needs So my dear That would be it For our first session The last five minutes Maybe again for your questions Or remarks I'll take a look At the moment We'll do your discord again Sorry, bookmap and on the other side Discord So far nothing new Came in, then I'll take a look at youtube If there are new questions If you still have something on your mind Then feel free to start If you are lucky Yes, absolutely The night gap is now completely closed And here we have The one or the other good trading In the course of the day Definitely possible As I said, the trade today In the near future The advantage is deep It has worked very well You can realize a very nice CRV Definitely even more than Than I Then here the situation That we just talked about Here would definitely have been A trade as well And let's see What will happen if the course Now reaches this area I'm actually going out Orders now here in the next A few minutes will be filled And that we then tend to move Up to today Now we have here again The market volume stop signal from the trade finder Nice situation The course is noticeable That we call As an exhaustion situation So as a creation So next to the Limit orders that were filled here Probably there are still some Failed Then, however, in the moment No market buyers have come To make sure that this breakout Stopped, now they seem to Come in again Here we can see Here is definitely a algorithm At the start, it also shows here very, very nice The equality of the piggy plot line Here is definitely Interesting algorithmic trade Now you can definitely Keep watching Interesting situation Especially if you zoom in a little bit And look at the microstructure of the whole I personally would To tend more That this price range here around the 4050 today still falls And that we tend to run up Also on The whole Balances and the whole liquidity That we currently have on the Basque side I'll see Nieder, great that Buckment also does something in German Yes, Bernhard, that is a very, very good question We will definitely In the course of the week Talk again together As far as we do it here regularly We will hopefully do it regularly But whether the whole In the week or two weeks We will still discuss that in the Buckment team And then definitely give you again Maybe at the end The word in your own thing As you certainly have already I'll take a moment to My image and my stream Again In your own thing As you certainly have We are A trading school We offer different training programs For interested traders The whole For the area of long-term investors But of course Swing trading and what the day trading Is about At the beginning our website Blended www.sparing-academy.de There you will find us Of course also on Various social media channels On Spotify, on YouTube Under the Sparing Investment Academy So if you are interested To learn day trading Especially day trading with Buckmap And the Heatmap Then we would be very happy To meet you. You can About our website www.sparing-academy.de A free consultation With us books I am also personally there And do that with you And then we can definitely About your goals and wishes Break That would be from my side Thank you for being here today Thank you for listening. It was a lot of fun Everything was worth it And in this sense I would give the word to Bruce At this point We are finished I hope you are still there Yeah, I caught all of that Perfect Excellent Oliver, that was I hope we can get it translated In subtitles In English That would be fantastic And over and showing So, you know Maybe we can do some in English Anyway Really enjoyed having you here For the first Foreign Language Bookmap webinar We will do more of these I hope so. It was really fun Thank you We will catch up next time Bye everybody Bye