 Good morning traders Welcome to the book map live trading webinar. This is Bruce at book map. We'll go through some S&P e-mini or whatever instruments you guys want to take a look at It's really many for you guys to to learn order flow on What book map can display? So it can be futures stocks or cryptocurrencies. So just let me know and we can punch it in and take a look All right. Well, let's jump in here and go through the disclosure and then we'll Take a look at these live markets general disclosure all book map limited materials information and presentations are for educational purposes only And should not be considered specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies Involve substantial risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results All right, so not a trade recommendation room And interesting day so far ton of data well a few data points or economic releases We had earlier the PPI And you can see the drop here after that number that came out And the number was good. Obviously that means kind of bad for the For the market says purchasing managers are You know They're purchasing so That means that the fed or cpi might be higher And retail sales might be higher Therefore the fed will more likely raise interest rates And and then we just had the University of michigan consumer sentiment here not much to to write home about there, but you can see the liquidity drop here just around 9 59 And then markets just starting to go back into Normal mode after the the release here and and providing liquidity at some of these other levels now as you can see all right, so Let's see here. Let's see if there's any questions just to begin with it's been quite a week All sorts of stuff going on in here So let me double check in our discord any questions No looks good And then what about over on youtube And no nothing yet. Okay. Good. All right. We're all set. Well guys, let me know And Happy to answer any questions that you have All right. Well, what do we see what's going on here any potential opportunities in the market? Right now looking at the s and p e many And we're going to first start off with The volume event here All right, uh scott talks about this He's talked about it yesterday about the Looking for a real-time volume to give insight After that event has unfolded well There's volume events all over the place all the time right depends on the time frame depends on what you're comfortable with I mean, this is clearly A very big one right here Okay, uh, so we can outline the Volume event right here And then we can also see other pockets in here with pretty pretty big volume pretty big volume dots in here Okay, so it's really kind of back and forth right now In this period just just after the the cash open here at 9 30 All right, but we're still within this move here Basically, you can see So we're just going to look we're kind of slopping around it within here as it is right now But we'll zoom in and and try to get some insight maybe on a smaller time frame Um Good morning. Uh, let's see. Can we add market pulse? Um, yeah, we're still kind of working on that one I'm in this has not been released yet. Um, so just let you know that we are close to releasing it And you'll find out more about it soon Yeah You're welcome Okay. Yeah, it's a great tool. Uh, I can show you this trader map pro guys. I'm in love with this tool Uh, like for example right now we see these uh, these buyers come in and Uh, and we can filter this heat map. We can filter it for 100 Uh, here's the filter right here. Uh, well, this is where they are. They're up here at at 39 75 now They've been there for days actually. I mean back and forth, uh for days at this price level Uh, so larger player, this is where they want to deal. So let's see Can we get enough buyers in here? See them come in actually and provide a little liquidity here get filled a little bit I'm looking for buyers though I want to see if they can break through this, uh, little wall that just popped into the book here Uh, and then uh, if they can I'm looking for them to trade up to 75 Okay, so there they go found some buyers now. Let's see the let's see if we can get, uh, um the follow through here All right. Now, where are they on the bid? Well, they're down here. So around 51 All right, so we got insight from the higher time frame here Okay, looking for buyers. Uh, and let's see it. Let's see it buyers. Let's see what you have Uh, they're bidding up a little bit in here It's it's not much of a breakout to be honest. It does not look that convincing Okay, we just know that there's high liquidity up here and these buyers did take this liquidity on Uh, just right in here Okay, that much we know And that's about it right the in terms of uh, the order flow overall here It's not bad looking to the upside here Uh, but it's not that convincing either This is convincing here. Okay. This is another volume event in here Guys, so You can mark it up. Here's your volume event. Look at the pullbacks to that where that volume event initiated Okay, now we look for other support like in from the order book, uh in the limit order book here Uh on the bid and on the offer. Where are they? Okay, so they are supporting it here. It looks like at 65 They want to get filled and they did okay. They did they got filled Okay, great. We have a small stop run here as well We're down at the bottom of the range. Let's see if we can get those buyers back in here Maybe not let's see Uh, and then try to reach right back here to 65 and then maybe break through and come back to the top of the range here again Okay, now that's just one scenario here Okay, the other scenario is now we're going to see if the sellers can try to break this range here And then drop it quickly down to 60 here and that's what's unfolding Uh, the swing down here at 57 and then what we had recognized down here that high liquidity down around 51, which It's more like 52 looks like Okay Does does everyone understand what I'm when I'm talking about here like these volume events? So any questions on this? The market polls add on Well, you're able to make filters for it. Uh, and it's an audio alert Okay, um, I'm gonna leave it at that It's not released yet guys Uh, it's it's pretty pretty awesome though. I will say that. Um, it's pretty amazing. Um you can Look for and well, you can hear the market basically Uh, but you can you can um You know look for these certain thresholds and spikes Okay, we're back up here guys. All right, so you know, uh, this kind of breakdown back up above here Uh, and uh, the market really is kind of all over the place right now Uh, not getting too much insight from this Okay, I like it now to the upside. Let's see if we can get it here Looking for those buyers right now here at this 66 and then to break it on up into this liquidity up here at 70 Okay, now it's not high probability in here. Just looking. This is the most likely scenario here Uh, we see the volume by pressure coming in and coming back to where we were looking for them to break out previously here And it was just okay up here, right? It wasn't that convincing Okay, so uh, this is looking better though Hey, I like this better and I mean Let me put it this way. This is why it looks better Uh, is look at the size and reference here Um of the volume Okay, pretty strong moves with pretty strong volume Okay, so it kind of it came up here and it kind of shied away and it pulled back And looking for again more buyers to come in. All right, so let's see. Let's see if we're looking for Now here's here's why we didn't we like the the buy volume, but we didn't like the the order book All right, so uh the the volume looks great Okay, the the move looks pretty good too. Uh, it it looks better than this over here. You can see it, right? Uh, so but we didn't have the order book supporting it. It's kind of dark in here. They're down here at 61 and a half Uh, and they're up here at 70 basically so um This break of this small trend line here as you guys can see Uh, it you know came down to where these guys initiated this kind of volume move here all right, so uh And and the liquidity is down here now if the book Had looked different Let's suppose this kind of liquidity that we see in here. Let's suppose there was blocks of it You know underneath here, uh, and then they're charging up underneath here as well That would be different Uh, and what if this guy is pulling up here at 70? Well, then we we're looking for that scenario to trade up to this 75 level up here All right, so we didn't have all the pieces here, uh in a convincing kind of a order flow Um directional move here. Okay, the volume though looks good and the strength of that Move in here looks good as well Okay, so again, we're just we're we're back at the bottom here and again it opens those doors now This is quite a bit of selling here Okay, and we made a lower high here too So let's see here. Let's see what happens right here our pullback Looking for again for sellers here at 58 now And let's see if we can break it Okay sell side, you know, we're looking to again for Where this volume is uh is taking place and these bigger moves in here Right, uh trying to take control of the market and trying One's gonna win. Uh, and we're looking for a break of this huge range here Okay, so, uh, that's what we're kind of looking for one way or the other here Hey, this was looking better. We just didn't have the order book Uh, and then we we never even actually made a Um A test of the high here Okay, it didn't it didn't make it up there So looking for the sellers right here right now. This looks good. Let's see if they can drop it Right down into 55 and then our 52 and a half level here Still holding structure looking for the sellers And again like that's the move we're looking for but again the the order book here really isn't supporting it much I'm just looking for the move into this 55 or 54 and and then 52 The order book's looking a little bit better Not much not much anyway Just guys we're kind of going through an exercise in here Uh, again, these aren't trade recommendations, but what we're doing Um is reading this order flow and then like you know putting these scenarios together And then saying okay, well, you know, this is what we're seeing We don't have all the pieces here for a really high, you know quality Move here So, but this is the this is the direction we're looking for Okay, so and that's it and you can see like, uh, you know It did drop here. It never made it back down into this 55 And then look at the buyers coming right back in so we're again, we're kind of all over the place here Okay, so And it's pretty strong strong buy volume in here It's this this is really sloppy stuff in here. Look at the profiles in here Uh, you know, there's just um A lot of back and forth in here right now Okay Something's gonna break though. Something's gonna give and and we'll see it Okay, typically these kinds of moves in here is um Something that we'll see Is a break of this and then a quick move back in and then the big move takes place. Uh, and then After it kind of traps a lot of traders going the wrong direction here. Okay, that's very very typical Anyway, guys. Yeah, I'm still still not not seeing much here. We are at the bottom edge here If we get enough sellers here then then we're looking for this break here Okay, it should be uh should be pretty pretty good but uh We're not we're not getting that much uh insight right now. Let me see if there's any uh, good morning rob Oh, yeah rob you're on my list. I gotta reach out to you I'm sorry about that. It's just been really busy Anyway guys, you see how we can you know, if we don't see something really that good And has all the pieces see how we can sit and stay out I mean, we're still going to give a directional, uh, you know kind of conviction here, but uh It's just it it's not high probability You know, we're still going to read the order flow and I I encourage you to go through this Uh exercise Because then you'll start to recognize higher probability moves It went in it will just hit you over the head I look see look at the order book underneath here. Look at them supporting it now Okay, now what we want to do is we want to read that here. This is different, right? This is different than before we didn't see this kind of behavior before Okay, and we're finding buyers. Okay. All right buyers should be able to then make make it to the top of this little range here at 61 and a half And then let's see if they can uh, if they can pick it up even more And try to reach back up to this uh 64 up here Okay, this swing Uh, then we'd be looking for the higher move basically Right, so it's this reaction to this liquidity is what we're reading here Okay, this is a little different right the order we have the order book now Now we don't have the aggressor though Like look sellers are interested in it There they just traded into it Okay, so now we're looking to see for The aggressor the buyers to come in here or more support in here. That's good Okay, buyers should be able to lift it right up to 62 here Okay, they traded here that these guys bought limit buys Uh, and we're starting to get our buyers here. So we're looking for the move here now It's kind of dark underneath here still looking for it though Okay, because of these these two events in here So this is a little bit a little bit better a little bit higher probability Now we come back down here and these guys pulled that that liquidity Okay, but it's getting interesting now We're getting we're getting a little more insight here from the players in the auction and the order flow Here's some high liquidity coming in here and we found buyers again. All right, so Move up to 61 liquidity here or 62 is kind of what flashes in and out of the book up here Well, they can't do it can't do it now This is where we look at market structure And we've given these guys the buyers a couple shots in here at it They fail to make a higher high here here or here Or now they made a lower low here So now we're looking for sellers here and this looks this looks much better now to break Down into 55 down into 50 Okay, they we gave the buyers a try They couldn't make the higher high Okay, so Now we're looking for sellers to try to move it and let's see if they can They should be able to move it back down to kind of lows of the cash session here Or I'm sorry. Is it the cash session? No, that's way down here Okay, that's down at 43 Boy interesting moves in here Okay, so we did get the break down to 55. Okay, that that traded that transacted Then buyers come roaring back in yet again Now this is a pretty dismal session so far guys. So Something's gonna break in here though. Look at that buying just came in Okay into big iceberg auction around v-pop v-pop and v-wap Yeah, I bet I mean, you know high volume node here And just bashing around in here All right guys, well, you know what? We're going to take a step back here since we're not really finding much happening in the order flow here um Every time we say that we turn our backs that we get the move. Uh, well not every time but We we we see in real time the the big moves all the time All the time just super strong super easy reads Um much easier reads. These are these are not easier reads We don't we don't see the the the participants telling us That they want to go a specific way some short little reads in here very short time frame and you know, I mean We didn't like I said it was getting a little interesting in here and then they could not Make the high or high Typically that read that leads to the the sellers coming in like this and then really breaking it And then breaking down here the buyers came charging right back into the high here So it kind of negates that And just reading the the order flow reading the transactions reading the order book Let's see. What's the um You know, this is starting to look a little thin here. Um So let's do a quick search here for for a volume cme uh s and pe many Uh, and um, yeah, it's still on the z contract, but uh, I'll bet We're gonna have the roll over here No, it'll probably be uh next week March contract here is about you know It's kind of paltry right now compared to the z contract All right, um, what I was going to do here is well, um, I want to do um Take a look at the higher time frame. Okay, and weave that into this order flow here We put the v poc on here or vwap and v poc. It's just caught in the middle there Can you see how like this in here there? Let's just clear these drawings here. It's getting pretty messy Um, but you know, we're trying to get some insight, right? Uh to these uh these traders, uh in the order flow what their um position is um and then When and where it might move away from this big value area. It's creating in here Uh, and You know, we know what that's going to look like here Okay, so for example, we look for it right now We look for really big red dots down here Okay, so it looks like they're going to probably break it here. I like it um, let's see if we can get them here now again, we don't have the order book on our side um and um Uh We're just looking at the basically the transactions here It's it's pretty dark in these areas here in the order book But I think they these these sellers here can test this bottom edge here and probably break it down into uh 52 and 50 Or 53 I should say all right sellers. Let's see it Let's see it Again guys, I it's it's not high probability. It's just uh They couldn't get enough buyers in here looking for sellers here right now and then the push 54 53 50 Yeah, I just about had it with this. All right, so let's let's uh, let's jump out jump around Let's let's jump over to uh another market or uh, let's look at a higher time frame in here Uh, so this is our candlestick chart, uh, and um We can look at the daily on the left hourly in the middle and then the 15 minute here on the right Uh, and we're going to go through the same process. Basically, uh, you know, this is that big volume event right here Look at all the activity within that uh event All right, so in and what kind of insight do we have in here and in this 15 minute chart not much All right, even on the hourly chart. Look at the wicks on both sides in here after this big push to the upside Uh, one little insight, I guess is like we are making lower highs and lower lows in here on on both all right, so The buyers there's just not enough buyers to make a higher high in here yet Okay, so we're gonna have to see quite a bit of buying in here Uh, and if and that would happen right in the right here right now And then we'd be looking for the move up into that 70 level that we talked about Uh, and then what 75 is at the top of the wicks here Okay, so they're starting to see it maybe a little bit come in. So let's jump over now the daily chart Looks pretty good that it tested these lows down here and these wicks Okay, so you know, it's just kind of bouncing around a little bit. It's just uh, Just not finding a lot of buyers yet Hey after that strong kind of sell-off here and move to the downside into these areas Guys, I thought that was a pretty easy read on Here in this hourly chart And when we took when we take a look at this Uh, we saw this kind of break down below in here and this this is kind of no man's land in here And then we talked about it in the advanced webinar and but it was choppy during that webinar It moved later Afterwards for the rest of the day down into these areas down in here, but we just didn't see any buyers, right? So, uh, looks like we're getting them now. All right, so here we go. Yeah all right, so This is looking pretty good now. It's we're starting to tear away from that area And back up to the highs here. So 70 It was what we were looking for right that was the first test Of the wicks in here and then 75 All right, so let's take a look. Okay. See how they're on the order in the order book on the bid in here That's good. We're testing into 70 and we'll probably get a bit of a pull back here. Maybe 67 Maybe 65 All right now we're look we're looking though for more buyers again Okay, so we could pull back here to 65. We could even pull back to here 61 Uh and then have a bounce out of the area But it's this volume here that we're looking at. Okay, they're the ones leading the charge here Okay, do we see any was any sellers in here? Um, you know ready to trade it right back down here Not yet This is just a pullback Okay buyers in control in this move here This is how you can start to read flag patterns as well. So there's a move into 65 Okay, now let's see. Do we start to get buyers now or do we have to go a little bit lower still and tap off of the uh V-wap down here Okay, let's see. Do we get our buyers starting to come in a little bit The bid looks good. All right. All right buyers then let's see it move it right back to the high here at 70 or the swing And continue And nothing yet Thanks Joe Joe is uh rollovers on monday. Okay. Yeah Yeah, it's gonna by the end of the day today. I'm sure it's it's gonna be uh a lot higher I love it. Joe. Hit the like button hit the subscribe button guys. Um, and uh Uh hit the like and you know, this is uh what helps us uh do this kind of education for you. That's free Uh, you want to take a look at crude. All right. Um Quadru quad revant revant Yeah, I'm looking for a bounce here. We've come all the way back down here to 61 or 60 Now we should get a bit of a bounce off of this in a move probably right back to here 63 and In a half or three quarters Okay, just looking for that right now Just that Why because this is where the buyers came in and we do see some support here. Um at the vwap too So we traded through vwap test the other side of it and looking for buyers to just retest back up to here Right to here. So I guess it's about 64 Paul how to measure the tick distance Like a ruler. Um Yeah, we don't have a measuring tool like that Guys, you know, this is such a such a choppy day. Um So far that uh I mean buyers on one side sellers on the other etc I do like this move in here like we've covered Uh, and I'd be looking for these buyers to come in and then just retest back up into where it dropped from here around the 64 ish area Okay, but uh Yeah, you know, we're just reading the the the bigger dots in here Uh, basically on on days like this and looking for them to kind of continue to move Uh to areas of high liquidity Uh, because it's pretty dark in the order book here, right? So they we can get these kind of you know Kind of small momentum moves and then uh, and then they fail. Uh, basically Okay, here's our here's our retest back up into here Still looking for it Okay, now I'm really curious to see since this is the volume event Okay, now I'm looking to see if we can get even more buyers now above this area back into uh back up to the high here It's a hard read. Um, you know the order book's a little bit a little supportive here, but uh It's basically just all about the aggressors in here just moving this Moving it up to 70 again Right. This is just it's a scenario in here. Um, and uh, we just see it happen a lot like this is the sell volume event Uh, and we're already above it though, right? Okay, a bounce off of it Now the bigger picture move is what we we're already covered. Uh, we see some wicks up here uh, and Uh, just looking for and let's go to the week here Uh, looking looking for the buyers to come up to, um The highs in here are these these uh, these wicks up in here. So that's around 76 Okay, we know there's high liquidity at 75 Okay, I like it on the hourly and on this 15 minute chart and here's why Uh, we've tested now down here a bunch of times And we found buying pressure to come right back up again That's good. Okay. So I would look for you know a continuation on the buy side Uh, and uh confirmation here in the order flow All right, let's see it Buyers here now again. It's just it's just not that great. Uh, it even this volume in here is pretty thin Sorry, I mean I'm I'm I wanted to be big volume It I just we you know Uh, we're looking for that to unfold or as a possible scenario or more likely scenario right now than sellers coming in Okay, that's it though like we don't do we just don't see anything great in here right now And you know, look, it's not a trade calling room in here. It's an order flow reading room and we we still going to make a like a the um directional uh conviction To the upside here as most likely But we just don't have a lot to lean on in here Even this volume in here is not the strongest strong move not a whole lot of strong buy volume though Okay, when you zoom out and you see these big moves unfold It really strong volume like in here in these areas and look look how equal this is this strong buy volume strong sell volume Okay, and this kind of defines this has has at least defined this whole area So just stay out of the market until you find something that really looks good I like this idea back up into um 88 87 or or so That's where we drop from here after the ppi poc stands for point of control Uh nerav but uh point of control so guys still You know still this is the the conviction directional conviction But like I said, it's looking a little bit better with the order book here supporting it Underneath and we're finding some buyers So still looking for it to to unfold here It's just uh, it's nothing to uh, uh really shout about though poc and point of control the this kind of terminology stuff kind of you know Always kind of cracks me up a little bit. Uh You know Really we want to understand it in terms of auction principles Point of control just means the most traded level which would be right here You can see this high volume node here The most traded price level In this cash session Is right here Okay around 61 and we have an indicator that shows that as well Okay, it's this this yellow line here. It says poc Okay, this is the view app here which stands for volume weighted average price Okay, so it's just a moving average basically but a volume So anyway guys to see how we can stay away from these things You know even in here It still looked pretty good that it should come up and and test up into here and then What happened aggressive sellers came in? Okay, now we're in another range though Up here and you can see that profile as well And the profile here is just showing you like the horizontal area here This is the chart range volume profile and it just it it It's um Just compiling and putting it into a um histogram here all the volume added up on the horizontal That's it. Yeah rt. Let's take a look at that 100 lot uh trader map pro again. Yeah, they're up here at 74 now Okay, we they were up at 75 earlier So we really like that area um And that we thought we'd get our buyers to come in here Uh and try to reach back up into there And it's just been really choppy since uh, one of the things I think uh who was talking about, um, the uh Roll over I think it was joe. Yeah Uh Guys like this this next week and I mean you can see it today as well How it's just kind of we're not getting really good reads in here Uh one way or the other the order book is not very supportive in here Uh, so that there's not a whole lot of conviction Um And and then you just see these kind of quick moves by the buyers or quick moves by the sellers, etc Uh lots of little stop runs, etc Um and look at the order book in here Right it's starting to give us clues to rollover Starting to unfold Uh, you can see this kind of behavior in here of that, you know, some of these algos That are Straddling the the market here And um a rollover period is a very challenging time I find to to trade Unless maybe you're um, you know looking at doing some spread trading the um The reason being is that that you know, the traders aren't They're they're Kind of going from one contract to another their their behavior is different um, and it's Uh noticeable in the order flow. It makes the order flow harder Typically not always there's we've seen some great moves during, uh A rollover period But a lot of times you you look for that move to unfold and it just doesn't it fails And then you look for it to you know unfold maybe on the other side and it just doesn't and it fails So it's just something to keep in mind I know a lot of professional traders that don't trade during that period they wait Until that that that period is clear Um, they just don't have as high probability For their setups So that that's what pretty wise um decision-making All right, so let's see here, uh, if um You can see came up here. This is looking good buyers Pulls all the way back, but we get buyers back up here again, and then we're pulling all the way back yet again Okay, so Anyway, we we're looking for the move higher. Uh This was our our buy volume event. This is our little sell volume event, but we were above it And now we're back down below it, but we we we mentioned it's just nothing Really fantastic here Let's jump over to crude And uh and and see if something's going on over there Boy, it's pretty all over the place too As you can see I don't know if we're gonna get much of anything today Yeah, I'm sorry. I just I don't see anything here in crude either. Uh, it's not it's just not looking good Yeah, Ramon. I'm I'm uh Hey, hey Corwin. I'm answering the questions here in the chat. No no problem All right, uh lu you're you're looking at a cvna stock Yeah, just we're just not getting much insight. Um today Corwin The uh, it's just really back and forth in here Guys something's going to give though and break and it it should be a nice move I mean this is like built up Uh kind of momentum or or you know it There's going to be some traders that get it wrong uh, and they're going to be You know the the fuel for that fire Uh to uh to move Move the market Okay with their stops Uh, anyway, you can see the the control we started off the webinar here This was the big big volume event here in the in the move, uh here Uh, and then we've been within that price action the whole time Hey with this s and p Uh, let's see how what does our candlestick look like here? You know it it came up here and it failed again, but it's still kind of hanging out up here So, uh, I'm curious. I'm still kind of curious to see if uh, we can get those buyers back up here around, um Around 67 or so and then try to make it back up into 70 76 Yeah, we can't we can't go through like uh, maybe some exercises in here. Um Reading the order book reading the aggressors only Uh, you know, those are always kind of worthy Uh really kind of sharpen the skills Uh in the micro it's not micro structure, but lower time frame And look at kind of fractal moves In here Even that's not the greatest. I mean, it's just we're just not seeing much right We can go through these principles. They're here. This should go higher here up back just it's already higher But maybe back up to 61 and a half Uh, maybe maybe 62 and a half Here's why same principles we're going through. Here's your trap volume. Here's the retest. Here's the buyers coming in Here's the retest here and then we're finding buyers here. So we're looking for the move back up to here Right and there it is. All right. So that was really quick, but we saw we saw something Uh, and uh, yeah, it bounced off of poc, but I don't care about poc That didn't have anything to do with it. I had to do with these sellers and these buyers In the range here. Now you can even look at this another way Okay on a higher time frame of fractal now it's testing the top of this range where these buyers came in, right? So, uh, it's below it And it's kind of hacking around. So what if we get back up above and we get more buyers? Great. We're looking for 64 again up here or swing swing high Yeah, maybe 63 and a half is better Okay Exhaustion no buying up here Hey, what if we get sellers here 62 they should come right back down to here 61 and there they go Okay, maybe they'll push it a little further. All right, so what? Same concepts same idea We can do the same on crude as well or nasdaq. Maybe nasdaq would be nice Okay, so now look at this a little cluster of buying and support here uh 62 and a half Yeah, I mean I don't know is if there's two scenarios in here Either could happen We're not getting too much insight, but the trap would be this buying here and then sellers down here, right? Uh, we might just get continuation by buyers in here But we're open to that second scenario here of sellers down below here and then the move back down to our 61 Uh in bwap Look at them support it here 63 and a half Larger player high liquidity Again, high liquidity Finding a few sellers Okay, all right buyers starting to lift it Great All right, okay more buyers. Yeah, I like it Okay, again, this is these are quick moves and we're just we're again not we're just reading the order flow You know the buyer the buyers are on the bid down way down here So sellers can kind of whip it down there quickly But because we didn't get too many sellers in here and we got buyers back up here I'd be looking for them to try to press it higher Okay 68 up here this liquidity here Okay, now they're on the bid 64 65 And no buyers And we're gonna get our sellers. Uh, let's see here more questions You pay you trade ramon you pay the pay the uh Euro usd spot Yeah, yeah, we don't have uh 4x I do have the 6e though So we can take a look at that Guys, you've you've been if you've been using this as a correlated, uh market It's it's probably giving you really really good insight, uh because of the dollar strength and interest rates Uh and Kind of correlation between that and the stock indexes All right, let's see if we can get it if we can get buyers up here Uh In this euro, maybe this is leading indicator Come on buyers of the bid looks good. I like it. They should be able to lift it to 55 up here 55 40 Um So and let's jump back to our es then so we should find our buyers here and there they are they're here So there's our correlation All right, and we're back up here 70 this this volume up here looks much better here much much better uh Pretty strong buy volume Okay, but it's it's we don't have we have strong buy volume, but we don't have a very strong move We have nothing we have very little in the order book helping us today Yeah, one of these breaks is going to be good, but uh, here's what we've got You know, we've had good volume up here at the top edge, but like it's not able to to really break anything It just came back up to 70 here Uh and it's come up here a number of times though So that's good Uh Got to get these buyers in here now. We have the dollar index or dollar index. We have the euro dollar Helping us out a little bit too. We saw that correlation. So now that's good. What about nasdaq? Is it helping us out here? Yeah, all right. So Everything's kind of going the same direction here. This is where we have much better conviction Uh or insight right looking for our 75 up here Okay now we and then in terms of order flow though You're still we're just getting this kind of structure and volume. We're not getting much from the order book So just be aware of of that Uh, it's not the whole the full picture here Okay, it depends. You know, do you want to put take that kind of risk? Uh or or not? Um You know, I like to really wait and and when I have uh the order book in line with my correlations and also the Um The three elements in in book map here the price structure the volume transactions. Uh, and then they order book Okay, then then those are Much much easier. You can kind of breathe easier and look for that follow through in that move Okay, I'd still be looking for it here. Uh in this s and p Okay, and here come the buyers Okay, when we had our reasons, uh, we had our correlated market to correlated markets Okay, nasdaq uh dollar and thanks for uh euro dollar Ramon for for bringing that up. Okay, and then here here now we're getting our move Okay, so 75 is the target. Uh, let's take a look at our bigger time frame here So let's see if they can just break it above 75 in fact um Now if if they can break it up here with a quite a bit of volume up at 70 76 ish 77 Then next move would be up here around 88 87 88 So about a 10 point move. Here's our hourly chart here. This is what we were talking about Hey, we talked about it at you know, I don't know half an hour ago or so, uh that uh, if we see that we were kind of bullish in the sense that There were wicks up here, but we're still hanging out up here Uh, and the buyers seem to you know continue to come up here. So then then we'd be looking for this next move here And uh, and then in the order flow. Well, it just was back and forth and back and forth in here and We got some sort of conviction on the on the small time frame in here and then uh, Thanks to ramon looking at that euro dollar And nasdaq as well that then we had this kind of a nicer move here to look for Okay, we just didn't we still didn't have the order book really helping us a little bit a little bit, but not not really okay, and um, yeah if Uh, if I were trading live in here, I would have taken my profit probably in front of that 75 here and I'd be out I just look for the next setup. It's just too choppy So that would be my trade management But that's something you guys got to determine You know, what if this is what if this move here turns into a much much bigger move up into 88? Heck, what what about maybe 4,000 the figure No rt, you you you know when it's exhaustion for sure. Um Uh, you you don't see you don't see a lack of you don't see buying or selling Okay, so for example here. Here's a bit of exhaustion right here Okay Here it is again here. All right, so we should get some sellers here and they should be able to drop it down to here Right or 71 right here Okay, so we're looking for again sellers down here And now we're getting buyers back up here though right, so Yeah, it's kind of kind of off the table, uh When you get a test Of an area and you have high volume and then you get a retest of that area And it makes like a lower high or i'm sorry a higher low in here And and you don't see much selling on that second leg you you'll look for the retest back up here All right, just like this Okay, so now again right here. This is where we're looking for those buyers here If we get them they should break it up into 76 77 There they go Right Okay, makes sense. I mean the the order flow is telling us something All right, so that now we're looking for it. Well does does it exhaust or are we getting buyers up here? We're getting buyers still so we're still looking for this to go higher 79 And let's read it Yeah, they're still buying at the top edge here Okay, there's some exhaustion there and a little bit of selling All right Now we now we have a little bit of a range here and sellers coming in Okay, what about a retest back down to here? Okay Well, let's see. What if we get buyers back up here at 70 76 See see see how we can read this in here exhaust. I know this is happening very very quick in here But it's not hindsight That's kind of the point here Right, we can read it and you can make trade decisions off of it, but again, it's just not high probability And if this is your trading style like heck, yeah go for it I mean, yeah, you're you're you know looking for just taking a few ticks here and there So we're kind of going through this double top double bottom kind of set up here just understanding exhaustion Yesterday I did a presentation over on one of our partners trader aid And we saw this double bottom pattern a few times. It was just beautiful Really nice moves Whereas sellers here into an area of high liquidity. They totally absorbed it the buyers did We got a retest and they they didn't even come close to absorbing it Uh, and we didn't get any sellers and that's when you you'll see that the the the buyers come in and move it away very very quickly Typically typically not always Uh, and then and then test the other side of the range Okay, so now we're back down here. Let's see. Do we get sellers down here? Yeah a little bit All right, so they should be able to drop it then right down down to where Down to bottom of this range here Okay Right here Okay, maybe further. Let's take a look They're down here at 71 Right Now guys, I know what we're going we're going through this here really quickly. Um, because we're not getting much else Um, there we kind of uh, this this was pretty good. This this was pretty uh, pretty good here Especially with those correlated markets Um, but uh now we're now we're kind of chopping back and forth again I just want to mention though this exercise in here you get good at this exercise You'll be able to see it on all time frames. Look at sellers Do we see sellers? Do we see sellers? No Right. Do we get buyers? Yeah, we did Okay, so let's see if we can we get buyers back up here yet again at 74 and a half No Not yet Okay, do we get sellers down here? Uh, this time at 73 Not yet Okay, some selling down here. All right sellers should be able to drop it then Should be able to drop it 71 and a half or or 71 or so This one's kind of stubborn Okay, again sellers at the bottom edge Nope Nothing nothing Let's see sellers There's a little bit. There it is Okay, let's see a little bit more and then the drop into 71 and a half or so Now it's not much There's some exhaustion here. See see this again. It's the same ideas. It's just very very small time frames in here Retest retest retest three times here. No no sellers buyers on the other side here great They should be able to lift it back up to the top of the range here 74 It's a really really simple process Okay, now we're back down here. Do we get our sellers? Yep. All right. They should be able to drop it Okay, let's see down right to here 71 That's what I'd be looking for now this here I mean, you know, it's You know, we're just kind of doing this exercise here on this very small time frame Like I said, this works on all time frames And you can also notice traps here Like if if this buying or selling here gets kind of trapped and you start to see the buyers come on on the other side And then then look for them to hit hit over here Or even break out from it all right, so Anyway, here's our move into 71. Okay A little a little convoluted in here not as not the quickest or easiest read like some of those other ones but anyway This cut let's let now let's take a look at this Here in this order flow read Uh, and then let's take a look at a higher time frame All right, so let's zoom out uh, and uh Let's see what we can find here And let's clear the drawings Here all right. Let's let's take a look at this. This might be doing it right now higher time frame All right, so here Look at all this buying up here, right Okay in this big big kind of range in here now We we came up here and we got some buying but not we did not make a higher high Watch and see do we get sellers below it here in this area here? Great If so, we're looking for the move right back down to VWAP point of control Bottom of the range here There you go. It's unfolding right now in real time. So this is a higher time frame Uh, kind of move based off of that fractal pattern. We were just looking at okay. This works on all time frames Okay, so we're still looking for these sellers to come roaring in here down to 65 down to 63 62 and then maybe down to like 59 All right, so there it is it's unfolding in real time, which is great It it it kind of uh, uh, we'll Verify that pattern right that we're talking about now we can even look at higher time frames in here same ideas same concepts and I mean, you know, there's there's a lot kind of going on in here a lot of wicks and stuff like that But it it tested it retested Here it it retested it made there's going to be some trap volume on this little candle here on this hourly And then it moved away and then it it actually uh, it gapped Filled the gap and then went higher on the hourly here. Uh, what about 15 minute chart? All right, so we were looking for that move up into 70 677 that unfolded And now it's rejecting All right now, where is it going to go to? Um, let's take a look on this uh higher time frame here 10 bars. I don't I didn't input 10 bars Okay All right, so here's our rejection. Here's our move in right now. We're reading we're reading this kind of on a it's A little bit hard over read on the candlesticks here, but we're looking for a move back down to here Okay, 63 and then uh down here 58 Okay, where there were buyers down here. Okay, because it's rejecting right now All right, so there's your higher time frame And and the the same concept in here it retested back up here And we found enough buyers to break it but not enough and then we got a retest up there and it didn't make a higher high We're looking for the sellers to come in here. They come charging in And we're still looking for it to to trade lower here All right I hope that is Showing some clarity. I hope you guys can see that. Let me let me know Ask questions looking for sellers here looking for our 64 ish liquidity or VWAP here overnight high was 3990. Okay. Yeah, maybe potentially, uh, you know We we kind of um And we we uh talked talked about these kinds of failed moves Uh where they look really good that they should be breaking out and then they fail And this is one of them right up here Okay, uh at least on this time frame Not not the case on our candlestick. It just came up here and rejected Uh top of the range Okay, so we're putting a lot of pieces together Um from very very low time frame into very very high time or higher time frame here Okay, and we're still looking for this move to unfold. So we're just we already had a retest here sellers kind of pull back or pause sellers pull back Okay, and then here look again look here Do we get sellers down here sellers sellers? No sellers. Look at this same idea guys right here. So what are we looking for? buyers to come in And then buyers to test back up into here right into here where they dropped it or or top of this range here Okay, it's just a pullback though, right or it's just to move Well on this it's a breakout on this small time frame here. It's a breakout of this little range here Okay, and the bigger in this a little bit bigger picture all it is is a pullback Uh or kind of back and forth in here and we're still looking for the move lower Okay, here they are now selling at the low end. So we're looking for the continuation Uh, which was what we were looking for earlier. Okay, uh back down to this kind of uh 64 Maybe vwap here 62 and a half or so Okay Make sense This is recorded you can come back and and review it Okay, this is just kind of pure order flow reading in here And and like we said, we don't we don't have a whole lot here in the heat map Helping us out. This is much more about structure and the aggressor volume here Guys, yeah, please subscribe to the channel Show some support here for us Hit the like button Really helps us We want to provide this kind of education for you all the time and we're doing pretty good job We're we have all day long. We have a lineup of traders. So like right after this In another 15 minutes or so we have tom b He's a volume profile trader And then right after that, uh, we have dug plus who's looking at options He's kind of new to the group. He's uh, he's amazing amazing strategy And um You're not going to find that anywhere else I should probably just keep my mouth shut. Um, but uh, it's very unique. Um, and Yeah, it's it's fantastic stuff Okay, you're just not Going to find it. Um, anywhere else So, uh, yeah, please hit the like button hit the subscribe button And help us out. Uh, and then you'll get alerts, uh, when uh, when dug is up and when tom is up So let me let me show that actually to you Okay here So here's our webinar here. Here's uh, tom lined up next and then dug right after that And then someone uh, someone just added this one in here. So, uh, a release here of a Scheduled release of a video Earlier we had rain going over crypto as well This is our this is our daily lineup. Uh, so, you know, quite a few events And don't forget there's one more. It's not listed here in youtube. Uh, we're we're considering it And uh It's with the algo boys. Okay, uh, fantastic room on our discord And they'll be right after dug Okay at 230 230 into the close Guys and They're fantastic very unique as well. You're not going to see that you're just not going to get that kind of information. Um, Very unique So yeah, I would uh, I would highly recommend at least you just check it out See if you like it or not All right, so this has been We're looking for that breakdown in here they pulled away and and and You know, we had a kind of cluster of buying up here now go figure, uh, but um Still kind of looking to see if we can get that continuation on the sell side um It's not looking too good to be honest Uh, we we see the sellers come down and it immediately comes back up. I'm getting our volume clusters up here again Okay, so same idea though same pattern. Well, we were looking for the breakdown Now actually it's looking pretty good If we can get a little more volume up here on that buy side, they should be able to break out up into here 72 Uh, maybe back up into 74 Okay Interesting so we did get we did get something a little something here in the order book High liquidity here in the sellers took them on and traded into Okay, so this guy wanted to buy here. He did he did these limit buys got filled sellers took them on and traded through it Can you see in this structure and volume in here? I mean the the order book is just not really helping us today Um, this is what we where we do get the help right here. Like I said Okay, now buyers above it. This is good. This is looking good buyers up here. This is what we're looking for buyers up here And then 71 and a half Let's just zoom out 72 looks good and then maybe back up into 74 75 Okay And we just did we didn't get them. We just did not get the buyers here. That was their chance All right, let's read it again. That was kind of fun. Uh, and uh We can read this, uh structure and volume in here Get some insight Here's our exhaustion exhaustion sellers All right, so Let's see. Do we get sellers again here? Or are we going to get buyers up here now? If we get buyers up here look out Okay, then it'll go it'll go higher I mean, here's why It's this selling in here in these areas in here. They're going to be the stop run to the upside up here Okay into our 72. Okay, we get our european clothes coming up upon us Uh, let's see here. Yeah, we're getting buyers up here a little bit in the order book underneath Let's see. All right Yeah Let's see. We'll get one more test back up here Not not enough there But they did make it up to here. Ah, they made a slightly lower lower high I like it though. I like I like this buying up here and here we go Okay, now this is where we got to get those buyers if we don't then this will fail It's looking pretty good so far. It's auctioning here. We're getting buyers. So we should get the move up into 72 Okay retest Buyers we're getting them. They should be able to move it 72 retest buyers still looking for it Okay, let's zoom out 72 is our target still auctioning on the on the offer up here So still looking for it to go higher Okay buyers, let's see it. Maybe 73 and a half What was it? What was our second level here? So 72 is our first level here and then we said 74 75 70 74 up here That swing and I'll tell you this is why I take my partial profits I was we were looking for just 72 And then it was still auctioning up here and it still may it still may return back up here Uh and get get buyers and get and get a move higher Okay, but You know read I like to reduce some risk along the way Stop at break even And then or maybe stop overall In my position to be at break even uh and then let this uh, you know run Okay, see how it auctioned again up here. So it did not exhaust We're still looking for buyers here still looking for higher 74 Looks good RT phenomenal job explaining things. Thank you so much. I really appreciate that Yeah, you know hit the like button there. Uh, please give us a like and subscribe Um We'll go over these things in detail for you guys You'll be able to put this together. You don't I know we're kind of like really going over on the low time frame We just didn't see much in this higher time frame in here except for this potential move here Which which started to play out And then it reversed I kind of in the middle of nowhere, uh, you know, there's a high volume node in here But I was looking for a move back down into vwap uh area 64 to to 63 Um, and then we read it down here Same process Okay, this is where it should have Dropped Or they had all the pieces here Uh, and then we got buyers back up here again It was weird and then this see the can you guys read the the the auction in here read the That there there's more buyers at these highs and it sellers trade down lower But it's not a whole lot of selling and we get more buyers back up here again And again and again and again And that's when we're looking for this to break Okay all right now We got up here and uh, we didn't break Uh higher Okay, so let's read this Yeah, here was here was our exhaustion again. So here you can read the exhaustion and then the heavy Selling or the heavy volume on the other side of the range. That's what helps give the insight here Okay for the potential move Okay. Okay, reman you did subscribe excellent Um, uh, thank you. Um, so I I did answer your question though before you Um Yeah, you can trade the spot by by looking at the the euro dollar absolutely I I think that's your question, right? Yeah, but um, you know the order flow here from the cme I mean, this is these these markets here in the the futures markets. I think are Are they're very fair or they're fairer a lot fairer. Um, it's very centralized It's better than stocks in my opinion And it's very it's one of the most transparent markets Okay, and that helps us You know gain more insight So, uh, yeah, you may consider using this here with the 6 e uh, and then You know making some decisions in uh in your spot Anyway, I hope that answers your question Yes, uh Mombo you or Roomba you you can um You can also uh Get this kind of information off of the cues. Uh, so we will put the cues in here actually Now I I prefer looking at the um The nasdaq e-mini But you can you can look at the cues here now it gets really interesting here in the cues More so than spy. I think see the areas of high liquidity in here It's kind of like trader map pro in a sense Uh, read these areas in here. Uh, you might want to attend dug pluses um Webinar later today at 1 30 p.m. East coast time Uh, because he he's always looking at these and see how it traded up in a high liquidity here at 285 and it filled And it didn't go higher Okay, at least not yet And see how it sold off Okay So again a guy's the same ideas though Look at these moves down here, and then it comes right back up moves down here It comes right back up. So even though it got filled up here Uh, I'm looking for these buyers to come retest it here and see if they can break out of this area here in nasdaq Okay, because this this is this kind of behavior here in the order flow or this price structure and volume is very very similar to what we saw Here uh in the s and p and down here in the s and p right very similar So yeah, we're getting our volume back up here again now It's up here, but it's not at the highest quite yet All right, so we got to get back up into the 74 area here Okay, it looks good. It's auctioning up here Kind of Kind of it's not the greatest Yeah, see how this is a little different than what we saw before The best offers up here one tick higher and it there nothing's trading there It's just trading one tick lower here. See how the sellers come in now Right, so we can read that It tested up here and it failed sellers are in on the other side look for them to take it down to the bottom of the range Okay, again on all timeframes Same same thing here Uh in these areas here You know retest back down here does not find sellers Buyers come in they move it back up into the range to the other side of the range too Okay, now we're back up here with buyers Great. All right 75 Let's see it and that didn't play out Oh, yeah, you're peeing close. Yeah. Thank you, Mike. That's true right now So here's here's somebody here's again. Look at this little Pattern here. Do you see sellers here? Do you see sellers here? Do you see buyers here? Hey, you don't really see too many buyers here Hey, but this is rejecting here. This is a good rejection. It did the same thing here guys. Look sellers Twice it retested here. No, uh sellers. Do we get buyers here? Yeah That's when we're looking for the move back up to here And it went a little bit higher. Okay now now it's doing the same thing back up here And it's it auctioned up here. That's good. Uh, and then uh And then it quickly went right back down though Hey buyers buyers. Okay, they should be able to come back up top of the range And we we could get a breakout here now see them pulling here a little bit So maybe 75 is kind of the target Guys get good at this and we'll have an army of order flow traders in here And again order flow like I like we're showing, you know works on all time frames So we can look at the the daily the the monthly even Here starting up now this is getting a little harder to read up here Where the buyers up here is kind of both buying and selling don't like it So it's not giving us that kind of clarity If unless we see a lot of buying right here up here and we don't we don't See exhaust exhaust Do we get sellers here? Sellers here, but I want to see them here. There there's a bit Okay. All right sellers. Let's see if you can take it down then down to here This liquidity here 72 and a quarter Okay more sellers here. Let's see 72 and a quarter or 72 and a half There they are. There's the sellers Okay There they go Anyway guys, you I think you You get the concept. Let's wrap it up everybody So thanks for subscribing hitting the like button really appreciate that And We'll come back here on Monday. I go through it. Stay tuned. Tom is next Followed by Doug followed by the Algo boys Great lineup for the rest of the day guys. We're gonna something's gonna happen here This has been really choppy sessioned in here. That's why we had to look at that smaller time frame But we we ended up getting some good stuff out of it um A little bit higher time frame potential move here, which Did not follow through Which was weird, but we read the other side of it And and look at our choppy. This isn't here yet. We were reading it All right, so uh, we had to we had to really drill down into the lower time frame, but Wanted to just make that point about how it works on all time frames. It's the same concepts Don't think it's any different. Um It's really not. I mean all these different books and things out there that are going to talk about like this candlestick pattern And that candlestick pattern or whatever It it's order flow It it's about the it's about the players behavior Uh in in the uh in the market That dictates everything Okay, it's not some indicator It's it's about the players And they're going to um Give us some insight to where price might want to go Thanks, Noah. Um Yeah, yeah, no some it's been it's been a pleasure. Yeah good good education guys We have a whole lineup of traders, uh with this kind of education. So yeah, please come Uh enjoy, uh, you know give book map a try Uh follow along with some of this stuff and uh Uh, we think it provides you an edge So, uh Guys enjoy the rest of your day. Thanks for coming. Uh, we'll catch up with you on Monday. Okay. All right. Take care