 Hello. Yeah, welcome to my first or second. Actually, it's my second English live stream here on this book map. On second, I just have to arrange everything to see if we are on things working. So I just have to I cannot even see me on YouTube. Yeah, probably it should work fine. Yes, welcome. My name is Robert Rosa. And probably most of them in most of you the English speaking world don't know me yet. But some words about myself. I started trading at the age of 13. Then I bought my first stocks. It was I think 1995. And with the age of 17, I set up my first investment company in Germany with two partners. And actually, they were my mentors and also taught me how to trade, how to do the alternative investment business, what is private equity, managed accounts, hedge funds, and so on. And I actually started trading through the telephone. Yeah, most of you cannot imagine it. But I really had to take off the phone call to the CME Chicago Mercantile Exchange to place my orders. And I sold my shares a couple years later of that company. And I was just 21, 22. And then I decided to move to China, because I always wanted to leave my home country, Germany, I don't know why, but nothing could keep me here. And in China, I started the same business again with a Chinese partner at that time. I set up my second investment company. And it was quite successful during the financial crisis 2008. I had more than 30 people and traders below me. And I managed around 100 million US dollar. That was big success for me and was a huge experience to trade the Hang Seng index and Chinese stocks, which were not allowed for foreigners at that time. But, you know, if you read a little bit more about China, if you become too successful in a special certain niche, then the Chinese government does not like that. And finally, they arrested me in the year in May 2011 for outsmarting the Chinese banking system and building up an underground bank. And they just locked me up for seven years and seven months in a Chinese prison in Dongguan. I was released in 2018 and went back to Germany. The first thing that I did was writing a bestselling book. Unfortunately, we only have it in German at the moment. It's called Dragon Years, where I tell you or where I show you what I experienced in my life. Right now, the first thing that people ask me when I came out of jail and I published the book, Hey, Robert, we know you are a stock trader and financial guy, can you please teach me how to make money on the financial markets? So I said, yes, why not? You have to imagine, I didn't know what is an iPhone. Well, I knew I read in the newspapers, but I didn't know how to use it. So that is how I started in 2019, 2020, to get back into the business to learn about technology. That was also a reason why I joined Bookmap, why I came to Bookmap. If you want to know a little bit more about myself, you can check here, my linked three, Robert Rosa or just type in on Google, Robert Rosa, you will find my YouTube channel, Twitter, X and any other communities that I have. For me, the philosophy is building up communities to get to know each other, to expand our horizon. First of all, and I can always say that it's very important. This is not I tell you what to buy or what to sell so you can make money. No, simply, you have to manage your risk and you have to know what you're doing. So the risk disclosure, all Bookmap limited materials, information, presentations are for educational purposes only and should not be considered specific investment advice nor recommendations. Trading futures, equities and digital currencies involve substantial risks of loss and it's not suitable for all investors. Past performance is not necessarily indicative of future results. You are responsible for your own actions, always keeps that in mind. So now let's have a look to the markets, how I see them, so that you get a little bit more to know about myself, what I'm doing and how I am training the markets. If you have any questions, please put them here on YouTube in the comments or on Discord. And I'm happy to answer it. I'm very spontaneous in this sort of things. Now we have 3pm Central European time. I am in Germany right now at the moment on a small island and just make my precheck for the markets. So the most important thing and it's simply to check what is happening today. For this I have a website called Trading Economics also put it here. So what can we expect today? Are there any big announcements, news or whatever, which as a day trader are very important because I don't want to be in the market if there are news, unless I intend to do it. So Thursday we have look 3pm, 2.30, our time is already gone. I have some news but 4pm whole sale inventory is okay. 4.30, European Central Bank speech, but nothing where I would say okay, we really have to put consideration on that. So the next thing is for me simply to have a big overview of the market situation. So now we have a look at the S&P future right now. Actually every day I type in my zones that I prefer to trade. These are high lows, tails of candlesticks where I believe there could be a resistance zone or support zone to find trading opportunities and then I will compare to bookmap if there's also liquidity in that area or special interesting things. So we see this is RTH, the regularly trading ours from yesterday. We see we still have this gap open here. Every zone that I have here in green is for me actually support zone. The price comes here or above is the resistance zone. We have here the Vweb. This is a Vweb starting from yesterday trading session. Basically I like to use the NCART Vweb and I put this Vweb on news releases, highs, lows to get an indication where the market will find support. For example, like here. So to get the general overview, probably a gap close is in play today. If the market goes to 4976, I would consider this as a great buy also in accordance with the Vweb gives us additional support. Now we look at the extended trading ours. There we can see the market found support at these two Vwebs from yesterday and day before yesterday from this high. You could see the market ranged around there did not go below. If you are based in Europe or outside the US territories, I mean we have a different time zone and most people like to trade also the extended trading sessions in the US. Basically you are sleeping, but here we are actually some of them trading. It's not my my thing. I only like to trade the regular trading ours to get my point of view of the markets. So now we see here what is interesting. What is important for me to see? Most importantly is simply the market structure. And if I have overview here, we see that we hear sort of rotation. This thing. This is huge resistance. If the market goes into this area, it will be difficult just to swipe through all this resistance to making new high. I would look to find short opportunities. For example, here this high is this area. For me, in my point of view, it's not easy to just go through there. So I would look, can the market go into this area? Do we have liquidity there? Yes or no? And where is the liquidity so that we can grasp it and look for market sweep, for example, to get turn around. And then that we should fall back into this area here as support from this rotation. We have the NCART Vwebs here, or basically this area, this area, and finally get close. So like I said, if you have any questions, please put them into the chats. And I also, yeah, my voice, if you can hear it, it's not perfect. I don't know. I woke up this morning and I had no more voice. Simply amazing. If you get older, things like that just happen. So you see, yeah, and this got also Vanessa, Ralf, Pyme, Mia, JZ, GW, Dan, welcome. So now let's head back to book map. What is interesting? What am I looking at book map? I have, of course, the market parts. I have certain widgets, or we call them here. I don't have them on the screen. Otherwise, I don't see so much. And I also turned off the voice. Otherwise, it's getting always a little bit confusing. So SMP is at 5,010 or 5010. Do we have any irregularities with irregularities? I mean, do we have somewhere huge liquidity? And I can see here for this area 4986, we have huge liquidity. And if you would look at this green line, this green line is the initial balance from yesterday. And somehow we have also liquidity there. Someone who followed my live stream yesterday knows the initial balance is sort of important zone for me, because actually how I define initial balance in the first place for myself. I call it IB. I have an IB low and IB high. The initial balance is very simple. It's you look at the first 30 minutes of the training day, then you have the low and you have the high. So one part is the initial balance low, one part is the initial balance high. And then you just draw a horizontal line like this one. And you will see that this line finds always respect or is always support or resistant at the same time. Then for me, it's important to see how what is the delta of this initial balance? Is it 10 points from the high to low? Or is it 50 points? So you can get a feeling for the volatility. If the initial balance during the first 30 minutes of the trading day is narrow, like seven, eight, nine points, then we can expect to have in the second half of the trading day a breakout and the market will move in one direction. If we have a wide initial balance like 20, 30 points, then the business is done for the day. So I consider it to be a range day. The reason behind this is quite simple. You know, I myself, I come, I have an institutional background with my two investment companies. And I had many discussions with my brokers, fund managers, and they told me, okay, it's the beginning of the trading day, or the working day, we have a pile of orders in front of us and we just have to execute this people want to buy these funds want to sell. So we just throw these orders into the market to find good executions. And if the business is done, then basically you have a huge volatility in the market. Many people want to buy, many people want to sell. So you have a wide range. And then there's nothing to do anymore. On the other side, if the range is very narrow, most of them could not fulfill the orders because their price limit was not reached, or the fair price what they want what the client wanted to have. So we just have to wait a couple more hours to get better prices probably on the upside on the downside. And so we can fulfill the client's wishes. Like this, it will start at, yeah, 330. I know I'm based in Germany. So my time schedule is a little bit different, but it's a market opening. So then if I look at the S&P, future, the SI, for me, very important is also the SPI, which is the ETF for the S&P 500 index. Right now we see not a lot of liquidity here. It will also start in around 15 minutes. Why I look at the SPI because huge traders or companies funds, they use the SPI to hedge their positions, for example. If I'm a fund manager, and for example, I own like 1% in Apple, I cannot sell my shares because the liquidity is not there in Apple. And I don't want to lose my rights. I don't want to lose each stock has a voting right. So I don't want to lose my rights and I still want to be part of that company. So I have to find different ways when I believe that a stock can plunge, can fall to hedge myself. And for this, I can use, for example, the SPI ETF. We can trade huge volumina here. And we can look, okay, where's the liquidity? And if I know where's the liquidity here, and if there's a difference to the S&P future, then we can see, okay, sometimes we have probably liquidity above, but there's nothing in the future. But I can then conclude that the market might go into this direction. Then secondly, we look at the option prices, zero DTE options, for example, the options that will expire today. And we have like a heat map beyond the right side, this is a system developed from ourselves, where we can have something like a heat map or volume profile for the zero DTE options volume. These numbers are not correct right now. The first results that we get, which are representable is around 4pm in around 45 minutes. Then we can see, okay, where is the most trade volume of the options? And then we can determine if the price is like in this range here, with the green areas, then it's basically a fair value. If the price would move now to a different direction, like let's say like here to 500, but the green zones don't move with the price, then we are in an overbought region. It's not just like, okay, if the price goes above, I have to say, no, we have to determine if the option volume also goes with the price or not. If there is a difference, then it can show us, okay, the prices are overheated, and I can look for reversals to trade. The next part that is always important for me, and you can already see it, if I trade futures like Nasdaq Future or the S&P, what are the stocks doing? What is the Google doing? Where is liquidity? Liquidity will come shortly to the market. What is NVIDIA doing? Do we have big liquidity zones where the price might go? Apple, Amazon, Tesla. So if I have all this information in my mind, in my background, then I can determine, okay, what might be the plan for today? The biggest liquidity will, of course, start soon. If you have any questions, just put it in the room. And what would you learn first if you had to start over-trading again? Also hope, have a good day, trade today. Justin, over-trade. This is a psychological problem, over-trading. You have to ask yourself, why are you over-trading? Trading is also sort of gambling. We are all, and you have to admit it to yourself, we are all sort of gamblers. We like to have the excitement of the markets. When I was, when I had my traders in China, my investment company, I did a simple lesson and I actually, I'm still doing it now, to actually kill the desire to gamble. Sometimes I go to a casino, I have a stack of money and I just go playing roulette, bakara or whatever, and I know I have this money, I'm going to lose it. Then this desire for trading dies inside myself, because I let my emotions go their way to release them. If you always start to control your emotions, that is a very big mistake because we as human beings are born with emotions. We cannot control them. We have to learn to listen to them and they are telling you a story. What I suggest to you is simply go to write a diary about your emotions. If you get this feeling of over-trading, write it down. What is going on inside of yourself? You know, I spend 70 years and seven months in prison in China and self-control or to deal with your emotions was a big part. I spent in a prison cell with 18 people on 19 square meters. This is like one square meter for one person. We were eating there, drinking and going to toilet. And then we had the forced labor for the other nine hours of the day and you were there together with all different cultures of people, which was for me very interesting because I learned a lot, but you simply have to deal with your emotions and also with other emotions. And one of the greatest tools that I developed was for me simply to write a diary. What do you feel? And then also your subconscious will know if this feeling comes up, what you have to do. You get awareness of this. Just turned 18 and choosing to take this career just in. That's great. I started training with 13 and I can exactly imagine how you feel. And I also have chosen this as a career and I quit school. I don't have any school graduation. I just told my mom, sorry, I'm out of school now and I'm going to start becoming a professional trader. And yeah, it was a tough, hard way. Justin, I give wish you all the best because I was there and never give up. I can tell you that and don't listen too much to other people because anyway, they don't know what they're talking about, especially in this industry, but be prepared. You have to be tough and you have to be willing to adapt yourself. Don't be stubborn, learn, learn from other people and just try. Yeah. Today I'm ready to take top step account, funded account. Great, Justin. That is cool. Awesome. Awesome. Congratulations. And I would be happy if you tell me more about your story. Where are you based, Justin, in the U.S. or so instead of a couple of minutes to the market opening, we can also look at other markets, markets which I really like to trade is U.S. dollar at the moment, Forex markets. And I also have my lines here, my orders, some orders are there. Yeah, the market just hit into my tops, perfect short moment and hit the V-Web. Perfect trade for me hitting the V-Web, hitting above zone and fire. Yeah, perfect, perfect trading day. I missed it because I really did not, was not well this morning, but the next point definitely is here, the zone, yeah, to get loans. And now what I always like is to make, I call it back to sender. It's my own definition. The market breaks through a resistance support zone and then goes back to the point where the breakthrough was and then the next sell-off is coming. Like here, now breakthrough, market will come here and here's the next short opportunity. And these are things that we can see very good in bookmap to define the place where I want to go in. And I will show this soon. I mean, we have Euro-US dollar, we can look at the 6e. This is a futures contract for Euro-US dollar where the liquidity lies, see active market. This market is actually, will also start soon, but we are trading this during the day in Europe. Ah, near Washington just, cool. I have been to US last September. I was in Miami and Savannah and Atlanta and Knoxville. I went to a Guns N' Roses concert. It was my birthday. And yeah, the Smoky Mountains, this area, beautiful. I love US, I can tell you. I will go again this year. That's a crazy story about China. What were you in jail for, John? Yeah, I was in jail because we outsmarted the financial system, especially during the financial crisis 2008. You have to understand, the Chinese financial system is different from like US or Europe. They suddenly just said, okay, you cannot send money in and out of China anymore, because everyone was withdrawing the money from China, companies, private people, et cetera. And so we became the middleman to say, okay, well, you need US dollar, you have Chinese RMMB, or you need Hong Kong dollars. So we said, okay, we have Hong Kong dollars here, we give you the Hong Kong dollars in Hong Kong. And the Chinese got RMMB in China. Because many, many companies could not even get their payment from overseas companies, so they could not pay their employees. So we were sort of bridge for the money exchange, but the money never actually left the borders. We just, we tell you, okay, you got your million here and you get your other part there. And then I also bought up a Chinese educational financial platform. I wanted to build a Bloomberg of Chinese financial stock market information. At that time, investments for foreigners in Chinese stocks were forbidden, only with a special license, QFI license, you could invest in Chinese stocks and Chinese stock market was very hot at that time. So I started to build up a team of 30 people who wrote research reports. I had all the stock quotes for China to prepare the foreign investors for the Chinese market. I had all the legal requirements from the Chinese government. I bought the license to publish this. And it became quite big. It was called finance China. So, and if you have a special niche and you're successful, and you're actually bigger than Google at that part at that time, because nobody was looking at it, the Chinese government was not amused, so to say. They came to me and they said, hey, Robert, that was in April 2011. Robert, could you please close down your financial stock market website? I said, oh, why I'm spending a lot of money for licensing for employees. It was like every month I put a 200k US dollar into this company. But it was a million dollar investment. And I said, okay, I cannot give this up. Are you crazy? Yeah. And so I did not do that. And I was on the legally on the right side. I had all the contracts. Everything was fine. But in China, nobody cares. So they just locked you up. And one month later, I went back to Germany to celebrate the title of my football club or soccer team. And then I was heading back to Hong Kong, Hong Kong, everything fine. Then I was living in Shenzhen. That's on the border to Hong Kong. I my driver picked me up. So I went back home. And I went to a club to have opening ceremony where I invested. Yeah, then they came and said, could we talk? Could we have a talk, please? I mean, you cannot deny it. You cannot say no to the police. So I just went with them. And this talk lasted for seven years and seven months and also cost me 1.2 million RMB penalty and all those things. Question, how did you learn by someone's courses? Or did you self learn? Justin, mostly when I started trading during the 90s, we did not have the internet and no computer. It was just at the beginning. I went to the library. Every town has a library. So I went there and I read books about stock markets, anything that I could find. And I quickly started to learn English because in German English, you did not have this information. But then luckily, I became quite famous in a small group in Germany. And then I met two partners. They were older than me. And with them, I established my first investment company. And actually, they were teaching me every day. We had an office in Frankfurt teaching me how to trade the markets. From them. Yeah, actually, I had two mentors from them I learned. Oh, great. This is you're from Atlanta. In my next live stream, I bought very cool shirts in Atlanta. This is a square. I don't know. They were very cool shops. And I bought a lot of cool t-shirts. I will show it on the next live stream next week. I will wear every day a different shirt. Yes, Nicholas, I actually I already wrote the book. I can show it here. It became a bestselling book in Germany, top 10. And unfortunately, it's only available in German right now. But hopefully, if any one of you knows a publisher in English, who would like to translate this book to English is very welcome to talk to me. My favorite just my favorite spot in China. Well, I really have to say I love China. I love this country. I love these people because they are very disciplined. They are hardworking and very intelligent. So and also they have great food. I love Chinese food. I also have to say my favorite spot difficult to say. I mostly lived in the southern part, like Shenzhen, Guangzhou, but I traveled all around China. I love cities like Shanghai. My first night I spent in Shanghai, Jin Mao Tower. It's amazing. And also the speed of development of the country, how they build up how they develop themselves amazing. Amazing. I love China. Unfortunately, I cannot go there anymore. I am blacklisted. That's sad. But that's part of the game, you know. But now we can see here, look at the market, the market opening. Anything special. We have a range here, high 15, 50, 14, 15, nothing big happened yet. Test on the V-web, but we will look how the market will develop. Yeah, important for me in the first 30 minutes is the high and lows to get a feeling of the situation today. If the market will make a run or not, and then always have in mind the big picture on the charts, exchange rate, this area above resistance, 16, 17, 20 here, this big resistance and support we have 05, 02. And especially we still have a gap to close here. I always keep that in mind. My favorite spot would be simply to buy in this area here at 4978. So let me check the questions. Yes, John. Yeah. I came back alive, so to say, but you still have your sometimes your psychological problems, PTSD. Sometimes my heart is just getting fast running. No reason for this. And you simply have to take care of yourself. My body, I love to play soccer, but I tried it again. And my body after eight years, confined, it's not the same anymore. I cannot do extreme sports. Well, I could try and could put a lot of more effort into this, somehow was also my fault. But the risk is too high. If I injure myself, you know, I'm screwed. I'm self employed as a trader. And if I'm sick, I'm sick. I cannot afford to risk my health for these things anymore. But these are your consequences that you have to take. Well, cool. 34 people here on YouTube and many on Discord. Very nice. And actually, if you can also look on the book map, YouTube channel, there's another video of mine in English. Hey, greetings to Russia. No, maybe let me turn around. How long are you in that business? I mean, all of you on Discord or YouTube, how many years are you trading? Or for how long are you using bookmap already? And do you have any special questions about that software? I can tell you, yes, correct. There's the link already going to a second year. Great. So are you trading your own money? Or are you using a prop firms like Topstab, Apex, or which I basically think is a great invention. At my time when I started, I never had that. I was hired by brokers to manage accounts for them. I was basically employed because it was a legal sort of things. Okay, great to be as only I also have to say I started trading the S&P future. That's the ESS, the mini future, but the real, what's the real, the original S&P future had to take a point value of $250 and you could only trade it through the phone. I think probably at that time I had to call a Scott Puccini to place my order at the CME because according to him he was there on the floor. I'm trading till 2022, but bookmap started use two weeks ago. Okay. Well, let me 15 plus trading and five plus bookmap. Yeah. Hello, Santa. Greetings to Austria. I know you're in Vienna. Let me explain to you how the life was before bookmap. Yeah, we always have this. I mean, you must know where's liquidity. For example, as I had my investment company in China and I managed 100 million US, I was trading Hangseng futures mostly and we traded a lot of stocks. So now we wanted to buy total volume of let's say $10 million of that stock, but the daily trading volume was only $2 million. For example, so you cannot just go there and say buy market and I buy for 10 million bucks. The stock is not possible because then you would pay incredible price. So you would, the market would crash against you. So you have to determine where are the liquidity levels. Nice spot was always, we know many retail traders are looking at technical analysis, where are the highs, where are the lows, where they can put their stop. So we moved the market to this direction to actually release the stop orders so that we could buy or could fulfill our orders. On the other hand, we had always straight talk with the brokers. They knew where are the liquidity levels with the stop orders, buying orders and they told, well, if you, well, they said, of course they were not allowed to tell us this. But in China, you go to karaoke, you go to pubs, this special happy hour in Hong Kong. So you got an idea where are interesting things going to happen. So we had that sort of information. And at that time, simply the internet and computer were not developed for software like Bookmap. Then we started to use a market profile, TPO charts, for example, to see on which timeframe the prices were actually to get an idea where as support and resistance to find these interesting liquidity zones, because the theory behind it is as long as a price is in a special on a special level, as more liquidity as more volume was traded. It's not 100% correct. After this, the volume profile derived or came, the volume profile make the calculation accurate. But right now, we are using volume profile and still the TPO or a market profile and put them together because sometimes when the price is for a long time on a special level, you still have support and resistance. And many times this is even more important than the actual volume that was traded. So then, but then, yeah, when I got released, I, first time I made my, I started to learn again, yeah, about the markets in the front book map. And I said, holy fuck. And I say that, what is this? And it totally gives you a new perspective to the markets where you say, oh, yeah, that is awesome. Now I can get all this information. And I don't have to go to the clubs, to the bars anymore, to get the liquidity levels like we see here now, 16, 17, 20. And if you bring this now in relation to the chart, 16 here, 17, 20, we see exactly these other highs, yeah, so the market, it's difficult to go over these highs quickly. Now basically, we make the retest to the VWAP at 08. We have to see what we are going to get there. Yeah. Yeah. Oh, here, we can see. Well, sometimes I just talk a little bit German. Pardon me. No, we can see very clearly how the market reacts on the VWAP touch, touch breakthrough. And now the question is what to trade or how to trade? Should I trade touch of the VWAP? Yes, you can do that. Actually, it is quite successful skyping strategy for me. I just buy when the market touches the VWAP and moves like 10 ticks in my direction. And then I'm out. And my stop loss is also 10 ticks because the probability that the market will show pullback is quite high. The other side, if you have a breakthrough through the VWAP and, okay, probably if you go along here, you would lose, but I only trade the first touch. Yeah, I would go here. You see the reaction. Second, I wouldn't trade because as the market touches support resistance zones for a couple of times, one somehow it will break, yeah, not hold anymore. So, but then we have the breakthrough and we have here the retest in this area. And the retest is very, very good. A strong signal for me to get into the market. Yeah, we have a change of trend, retest and the market will continue. Also for some points, yeah, it's now just for the short term picture and market goes back to back to the VWAP again. Let me check if there are more questions. Well, if you have anything you want to know, go ahead. Another interesting tool that I like in a book map is simply the market piles. I think most of you already know it. But I created a little widget here to see especially if you trade the in queue, yeah, or get indices, I put together the magnificent seven stocks. Configure add-ons, market piles here. For example, Apple, Amazon, Tesla, Nvidia, Google, Meta, Microsoft. So if these stocks start to get pressure, volume pressure moving, then I can conclude that a break out of a range, for example, is valid. Yeah, because if the power comes of this seven stocks, the index has to move as well. Or vice versa. If the index, for example, wants to make a new high, but these stocks in the market piles doesn't show me any reaction, then most likely it's a fail breakout. How would you trade stocks with book map for that trading? Hey, Peter, best greetings to Austria. First of all, right now, I would use the same technique like I trade futures, for example. For me, if I trade stocks, a futures is not from the point of analysis, it's for me the same. And mostly stocks are much easier to trade. They react much better to liquidity levels. And they have clear chart patterns. I try to find an example, you know, okay, we have the opening. And we have this rotation, I would call it. Now the market just goes into this direction. Also now it's a V web, that's a good support. Yeah, we see also liquidity is coming here. I think the market should stop at this area, which could be sufficient by levels on the other side, we have this area here. Firstly, we have the liquidity zones, market try to go through couldn't, but always finds some sort of resistance here. But now we are basically in a range from this area from this low to here. And overall, we have the larger liquidity by at 416. And then also the stocks are moving, we see now here, we buying pressure is coming into the market. So the chance, the probability that the market is going to this direction, which is doing right now, well, it's quite obvious here. But by Peter for day trading and between stocks, futures, currencies, commodities, I'm always using the same, same strategy. Setups, you look for an inside range opening trading as top cat, or do you use V pocket all? Yes, definitely top cat, I use V pox, I use point of controls. For me, the I, well, you can have the daily volume profile, that was a pop is a great tool. But for me, the combination between volume profile and pop, for example, is V web, volume weighted average price. And I like to use the anchored V web. I easy, actually, basically every trading software should have that he and trading view, I love trading view, because it's so simple, I have all markets, I can trade through it. And I know the accuracy of the data is not like in other softwares, I know, but it's fast, simple. And I want to have the accuracy, I just use book map, and also for trading execution. The anchored V web, volume weighted average price, I can put them, I have it here. For example, here, I can just take it here on, and then I have the anchored V web, that's a combination of price and volume. It's putting the V pox and the volume profile together in one line, to give me a cleaner outlook. And maybe a little bit about the background, if you are institutional trader, for example, you work for broker, now you have a big client, hedge fund, for example, they say, I want to buy 10 million stocks of Apple. And now you cannot just go there and say, buy market 10 million stocks of Apple, it's not, well, it's possible, but you get a screwed up price. So you have to get the reference, yeah, and the reference is the volume weighted average price. If the volume weighted average price from Apple is, for example, right now here, we have Apple stock price of 188, the V web is it's at 186. Example, if I buy at this price, I'm paying too much. If I buy below this V web at 186, I buy cheap. So this is a reference. And all the algorithms, they are programmed to buy below the V web or at the V web price, and it's a fair value. And so you have a reference. And that gives me, as a trader, the way, well, I learn the algorithms are buying when the price is going back to the V web or selling in the other direction. So there is a reaction in the market, something is going to happen. I don't know what is going to happen, but I know something is going to happen. And this little knowledge I can use for my trading, in day trading, if I know the price is going to this level here, something will happen. If we look here, we can also see on Apple stock, market goes to the V web, well, reaction happens, goes here, reaction happens. How you use this for your trading, that's in a different trading plan. But for me, the first fact is that something is happening here, market goes to V web, something happening here, here, this is no coincidence. You can make a living out of this. Yeah, I know it's exactly a volume weighted average price V web. And actually here again, Microsoft, this is no, we see here at the V web, things are going to happen. The market is not going through that V web, because buying orders are here, we can also see it here from the liquidity. There are buy limit orders. And these are algorithms that have to fulfill their job to buy. And if you consider that, like I said before here, the only way where the market can go is back to the rotation, back to sender, so to say, and then retest to the V web. And we clearly see something is going on here. We cannot deny it. There are simple trading facts. So now you can go and for example, say if the market touches the V web, I simply buy and maybe I take 10, 20 cents. And then I'm out again, because the probability that this will happen is very high. Long time I only traded this simple V web strategy. Another clue what you have to consider if you trade the V web and also how you place your stop is the VIX, the volatility index. If we have a VIX that is very, very, really all-time low, it's incredible low since I don't know. The VIX actually shows us sort of in simple words, you can see if there are fear in the market or not. Do the big players protect themselves against falling prices or crash or not. And a VIX at 13 is like nothing. If you look here, corona times went up to 80. Basically, every one is a Syria, every 30 days, we have a spike in the weeks. We can also see that here. Bombs, tzak, tzak, tzak, tzak, basically around about every 30 days. And that is a sell off or correction in the market. But since long time we don't have that anymore. It's really on a small scale. There's no fear in the market and we are at all-time high prices. That is very confusing for myself. Actually, I always buy the VIX, I buy CFDs, I think you can ask you cannot trade that CFDs and or futures or options on the VIX just to protect my stock portfolio in case there's a crash. Then the VIX will explode and I will make some money on that side. But I have to say, recently there's no more fear in the market. It's very, very strange. I'm just looking at many, many viewers on Discord and YouTube. Well, I'm really, really happy. I hope you enjoy it and next week we will go to the next round. And I also would like to know more about you. Really, I said it before. I woke up this morning and my voice was gone. I said, what is going on? I have my second English live stream, a book map, and I talked to Dan before and I was really excited. And then some of my voice was gone. Incredible. But I managed this from France. Yeah, Peter, to focus more on stock trading, I can totally agree with you. I believe it's easier. The only, I wouldn't say disadvantage in stock trading is, but if you are US citizens, you have the day trading rule, you must have at least 25K on your account to do day trades. And you don't have this leverage like in futures trading. I think it's like two or three to one leverage. But for us Europeans, for example, we can also use stocks, CFDs to trade them. So we have a higher leverage and it's an easier to make even with small movements money. Many people here. I like that. Okay. And now we broke through here, Microsoft. Like like we say, it's no coincidence. You see the Viva market react, react, react, and then suck. Once the time is over and well, next target is simply below here, the 413 next liquidity. Yes. But here in my market parts, we still don't see any big sales pressure. Next week, I will show you the trader map pro. Any one of you trading the NQ? Did we look at coin already? Trader sister? Not yet. One of my favorite stocks here, Coinbase. It's great to trade the stock. I made some money out of it. Now the buying pressure is coming in. We see here. But then of course, if you look at coin, well, we have to look at Bitcoin as well. Film 45 K Bitcoin. The next level is, yeah, we broke out of this zone. And yeah, these are, like I said, I did not draw it now. These are always my trading zones. And the market simply went into that zone, make the correction as expected. And now the next move. So the next move is 456. And then 48, 49. But I think we have the psychological level of 50K that Bitcoin wants to reach. I wouldn't buy now. For me, I would just simply look, can I get a shot here? Can I get a shot here? So I'm the sort of reversal trader. Or if the market breaks through this, I would wait for the pullback on the same level to jump on the trend. And yeah, the TraderMap Pro on NQ, I wanted to do this today, but since I lost my voice, I had no power. I went through this with Bruce last week. He showed me TraderMap Pro. Cool, very cool add-on where you can filter all this noise here. They make it deliberately to destroy the picture of the liquidity in the NQ. There's no coincidence. And so we can filter all this stuff out and then see the true liquidity in the market. It's a game changer. So for now, I really, yeah, exactly a TM Pro, exactly a noise. This is a very cool, cool thing. Otherwise, I would say, yeah, I'm really happy, really, I'm really excited about this stream today. And I hope to see you again next week, same time. And yeah, then probably I will have some more interesting things for you, especially about the mindset stuff. TM Pro is a different service. It's an add-on for BookMap. Yeah, I think you have to go to the BookMap marketplace and you get it there. But now one thing here, what we see, we see your sort of iceberg, some, you see, one, two, three, the market is blocked here. And then if the market breaks through, we would see a run. But this is very typical, one, two, three, four, five. I don't need an indicator to see that. It's simple market structure. We don't have that here. It's only here. With SierraChart, you have BookMap. Yeah, SierraChart. Oh, yeah, that is a great software. There's so many features. It's for nerds. SierraChart is for nerds. My trading colleague, Peter, he loves SierraChart. But for me, if I see SierraChart, I already die. There's too much information for me. Looks like BoilRun is coming. Yeah. Something is blocking the market, yeah, but that will not last forever. It will simply break through. So see here, VWAP. Market didn't go exactly to the VWAP mode. But it's interesting. We have lower highs, yeah, low, low, low, low. This zone here is very strong. I don't think that the market can simply just go across 2016. This is need some time, probably second half of the day. Yeah, then I would also say I have to, my voice has to take a rest there really. But I believe next week I will be back in shape and we can go for another great trading day. So I wish you all a good day. Start in the day in the US and well, here in Europe, France, we quit the day. It's now getting afternoon. Market depth is better on Sierra. Well, I tried also many softwares that produce, that show market depth, but for me, it's the simplicity is simply book me a bell. Yeah, thanks Alois. Thank you all. And if you have any questions, drop it here on Discord. And I'm happy to answer you and I will provide you with more information next week. Yeah. So take care. Have a nice day and see you soon.