 All right, welcome to the Bookmap Live Trading Webinar. This is Bruce at Bookmap. And we'll do the live analysis here. Monday, Tuesday, Friday, 10 AM. It's all forward-looking. It's not hindsight. And it's all a part of our free education that you get here at Bookmap. We had the live trading with Jay Trader on Wednesday and Scott just yesterday. So before I get into the disclosures here, let's take a quick look at the overall market and see what's going on. As you can see here, we had some sideways action from the London or just from the entire session here, from about 7 or 6 PM East Coast time. Sideways consolidation, a drop. High liquidity down here on the bid at these areas here. And then we see the rise up. And then I was actually doing a meeting giving a demo when we saw this move into and the bounce out of this area here. I was looking for a knee-jerk reaction out of this. It turned into a reversal pattern instead. And we'll go over this here. Why does this make sense here? And why do we have this move to the upside? Now, obviously, we're in a geopolitical environment here with news. And all sorts of things can shift and change immediately. So on the overall, though, we see the move to the upside. We're above in terms of structure. See the move back up above here on high volume. This is the key. Understanding the order flow here. We have all sorts of back and forth, high volume breakout. And then back and forth in this whole area up here in terms of structure. But look at the bid here. Very, very interesting on the bid at these price levels. We have 42.66 at 54-ish area down here. And then also 37. And also down here at 12. Let's see here. Oh, yeah, thank you, Hazard. You're helping him out there with Miami to get him up and running there. OK, yep. So yeah, just click on the Advanced Webinar. Got it. Yeah, thank you. Thanks, guys. All right, so let's go through. We'll look at the higher time frame as well on the candlestick chart, but we're bullish right now until we see something different. And we'll come back in here and go over this structure here and what we see within this structure. We're bullish, but we're going to cover it here in just a minute. The book is definitely looking good here on this higher time frame. I mean, they're lined up here on the bid at several areas above all this price action. See how curious it is to see, for example, structure here is broken and is broken on high volume. And then they're underneath here on the bid at these areas here. So this is supporting this structure at this moment. We know there's buyers here. So pretty nice look here in the order book. And you can see it directly here on the higher time frame, which is really nice. Nice feature here with the full depth of market that you get with rhythmic and DXV data. All right, let me go through the disclosure here before I get ahead of myself and forget. The general disclosure, all bookmap, 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 involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. All right, so yeah, that's our kind of analysis here for the day, at least so far. I want to step back, though, and look at our higher time frame candlesticks just to get a sense of areas, zones of higher time frame analysis of what we think about those zones. This is a really wicked move here on this daily chart. You can see the move for this big huge candlestick to the downside. It's where the market opened in the cash session on the hourly in the middle here, you can see. And then you see it just rocketed all the way back up today. So anyway, yeah, some kind of wicked stuff in there. A huge, huge wicked literally. I mean, here's the swing low. Here's the bounce, several days here. Here's the move down below that area, and here's the move back up into the range. So on this daily chart, we are bullish for this move. Well, boy, for the day we are bullish, put it that way. This is rejection here. So these are buyers coming in, and we're looking for buyers to continue to buy and move this market higher, to where? On the daily chart only, to where would be up here would be the first test, 43, 45, and then maybe the top of these wicks up in here, 43, 88 or so. Just a retest here. We're in a downtrend. We're making lower highs and lower lows. But this is rejection for the day we're looking for a move back up into the ranges here. That is one of the scenarios, or primary scenario here. And we're not looking for much of a move here, but just up into these areas, because this is where we found sellers before. This is where the market rejected previously and moved lower. So we're looking for buyers to come back up and test and auction back up into these areas here. Good morning, Dove. And yeah, so the hourly chart, well, you can see the move up here, up into this volume cluster up here, or cluster of activity. And we're going to talk about even candles in here in terms of order flow, because that's really what it is. So what's going on in this consolidation sideways back and forth area? And who won the battle? Well, the sellers won the battle outside of that. The buyers are coming right back into it. So we're looking for them. And there's tons of momentum here behind it. Look at the candles. Look at the size of them. Look at the movement here, the quickness of them. And so can they come back up and test now this 35 area that we're talking about? And then we're also looking at our 80 level, which was 85, right? Somewhere around up here, actually. So it doesn't really look too good on the hourly, the 85 level. But here it is on the hourly. It would be more like above this 50 level, so 50 to 60, somewhere around in here, where I drew the line here, which lines up rather nicely here. We can just make it maybe a little bit tighter here. So 62 looks like a good area as well. Somewhere around there, 60, 62. And then way back up here as well, where price dropped from, where sellers came in, selling pressure, and that moved that lower. And that's what we're looking at here. We're looking at tests up into these areas here on the higher time frame. And then we're going to look at bookmap to understand why price might be going up there due to the order flow. Now looking at the 15 minute chart here over on the right, here's our quick move. This is where we opened. Move back up. Consolidation. Buyers come in, hand over fist. Move it back up very, very nicely here. And then where will we think it might go? Swing here at this kind of 4304 area. There's a swing up here. And this is our 35 area we're looking at. So we're starting to find some sellers already above this little swing right here at 0304. See the wicks over here? So we're either seeing some profit taking, or maybe we're starting to see some selling coming in. It looks like profit taking to me, we see buyers coming right back in again. So we're right back up here at 0102 right now on this 15 minute chart. So let's go over and jump into bookmap. And we're looking for continuation here. Try to get back up above our swing here at 12 or 13. And then I'll move back up to about 35, or it's a zone. It's somewhere up here, maybe 25 to 35. Where the sellers came in, this is what we're looking for. So strong momentum right now. And let's see if we can get the continuation. All right. Now, extrapolating all of that higher time frame analysis here in looking at bookmap. Well, we identified the move lower here, the strong buying coming in. You can even see it right here, beautiful. Pull back, and then follow it again by strong buying and strong breakout here. So now let's look at this price action up here in this rectangle. And let me get rid of the rectangles for now. OK. So now we covered, we're bullish above this area here. And we see the strong breakout, we even see the pullback here. Now, what about the volume within here? And this is our 930 cash open right here. And we see the move to the upside immediately, followed by the move to the downside. But pretty strong volume on the downside here, too. So let's just take a look at this structure and start to understand who's in control in this structure. So where do you guys think that, just point out, where do you think, who took control and where on this time frame, looking at this view here? What do you guys think? I love it. Alec, you're right in there immediately. OK. All right, we got some new guys in here, too. So there's lower highs, lower lows. Not the answer I'm looking for. Yeah, that's it, Alec. Yeah, right here. This is where they took control. So and I want to go over this point here so you guys can see and start to identify where are the sellers and where the buyers are taking control. You'll see this time and again. And that's why it's so important to understand. Because it really is, like you were looking for, even in this area down here, where did sellers take control in this view, in this time frame here? It's a little more convoluted answer here. 42, 40, yeah, that's definitely a good one. 42, 20, or 50, I'm sorry, 55. Yeah, I also like that. I like all these answers. Truly, they actually took control. I think probably technically the best answer would be up here. This is where they started to move it away from this consolidation in this view here and start to move price lower. We see a quick move back up, but then they come right back in. And you can even say, yeah, somewhere around this 50 level. So let's give it a zone. So somewhere around this 53 level on down to about 40, that's the sellers coming in and taking control. So from this point on, they are in control. They've moved it away from this area here. So at this point, we're looking for continuation and pullbacks and continuation down into high liquidity here on the bid at 25 and 2015 lower. So looking for that. And now we're starting to realize, though, some buying coming in here. Sellers bring it down, they make a lower low. Some buying coming in here. Now look at the pullback. The pullback is equal here in terms of the pullback to this buying here. Now let's also take a look at the volume in here. See how this buy volume is above this big cluster here is selling? So we're kind of on shaky ground here. The sellers are a little bit on shaky ground. They're still in control. Buyers were not able to lift it higher. And they were not able to get back up above our line up here. So as we go forward, and then it's looking better here, like, yeah, OK, we got some buyers here. There might be trapped volume. We might get sellers down here and they might drive it. And that would be my primary scenario that they would get these guys on the hook here buying, have huge red dot down here and drive it into 42.25 and 20. And fill this liquidity down here. Now that didn't happen. We didn't get the sellers down here. In fact, you can kind of look at it in here. And you can look at the volume dots. You can look at your volume bars. And we're finding actually more buying down here. And then a nice little spike up here. Now we've tested this once, twice, thrice. So they're looking to auction above that area. Buyers are. And get back up into this area. This auction is incomplete here at this level. And then the buyers are testing it now at about 45 here. And then they break out above 50, our line here. Beautiful breakout here above 50. Now it's the figure as well. So we're starting to understand now the structure and the volume within it and who started the control. And they are in control until it is broken. And we're going to see some stops up here, I imagine. Ah, right. I didn't have my MBO data until later. But I'm sure you guys will see some nice stops up above here. Good morning. Good morning, Alan. Yeah, back in the saddle here. So anyway, do you guys have any questions on that? Understanding the identifying who's in control, identifying the auction in here, the volume. And we're just going to, we're just covering right now. We haven't really covered the heat map too much. We're covering just two elements here. Structure created by Besbid and Offer. And then the volume within it. And identifying who's in control first. And now this works on all time frames, like I said. We can zoom in and look at little nuanced areas in here as well. But on this pole back here, we have three hits here. And we're still up here. And we get the extension above this little zone here. They're going to come back and retest the control by sellers up here. And the buyers take control above it here. Sellers give it one more shot. See how they're trying to take control and they drive it down below. Now this was a beautiful pole back. In fact, this is why I was in a meeting like I was discussing here. And look where this pole back came to. Not where the overall control by buyers here, but in this smaller structure where the buyers took control from this point onward. So you can see the volume in here and the buyers taking it here above that area, this breakout, the strong buying. And this is good strong buying here. It doesn't taper off at the ends. It's very consistent. It kind of builds from here on up. It's pretty good. So pole back to where they broke out from. And then we return back up. We get more buyers some back and forth in here. Definitely, but we still see more buyers. So this is where buyers took control of the market. And this is where they're really taking command of it above this 75 level up here. So we're just identifying who's in control in these areas here. And we're still sticking with that. Buyers are still in control. Now we're looking for a breakout here right now. And looking for them to hit back up into areas of, and this is where we turn on the heat map, okay? 25, 35, our 35 area. Okay, so a little bit above this liquidity up here, right? So that's how we're kind of piecing this together. Now the heat map is helping us here in many ways. So we have the breakout here at 75. And then you can see, they're lined up here. Now they haven't been tested at all. We don't know if they're gonna stay in the order book, but it's looking pretty good. And it's definitely, what matters so much is not that they haven't been tested. How does price react to it, right? This very, very strong demand down here at these levels. And they're bidding up. They're bidding up to support this breakout at 75. You can see them all here. So we are bullish in this area in here. And we're looking for continuation. So this is also aligning with our higher timeframe. Right? If we take a step back and kind of review our higher timeframe, we were just talking about the move back up and testing. Our first test would be up here around this 13 level. It's already been tested. Okay, and we're looking for buyers now above it. Okay, so that's gonna be the next breakout. It has to be above this 13 level here, 13, 14. And then we'd be looking for a testing up into this selling pressure up here. Okay, which is basically around our, it was a zone as well, 30, 35, something like that. And that's what we're looking for. And here they come, okay? So buyers coming in and now looking for them to extend it. Everything looks pretty good so far. Buying looks pretty strong. Looking for continuation now. Now what would be really helpful, because we might see another really strong move to the downside here, get these guys to buy here, get them stopped out and down in some of these areas here. So this would be a false breakout. So what really helps is if we see the heat map underneath, we see that demand at higher levels in here. And we'd be looking for that. Looking for these buyers here that have taken control to support it. And that's what we were looking for in the heat map here. We're also looking for the targets up in here, 25, 27, 30, even 20 here coming into the order book. So looking for those areas for buyers to test these areas here. This is where the supply is. We're seeing a little support in the book here. Okay, see the blue underneath here? It's not much. Now we can extrapolate everything we just covered into this move here. It is no different. It's just a smaller timeframe. Here's where the buyers came in. Look at the selling, they're coming back retesting where they bought from. They just retested here, right here. So let's see if we can get back up here. There we go. Now we're looking for the follow-through here. Let's see if buyers can get back up to 20. We're looking for support in the order book as well underneath here. We're not getting much support in here. Now the buyer, it doesn't really matter. Buyers are still just carrying it higher. Okay, and still looking for continuation, 25, 27 and 30. Any questions? So identifying like, and this works, like I said, not only all timeframes, this works for any sort of trading plan. You know, if you're looking at patterns, well understand the context of the structure within your pattern and then the context of where that volume is transacting within it and who's in control, as well as the heat map. You know, what is the reaction to supply and demand? Okay, still looking for the continuation here. We're gonna get some back and forth. Order book, see how they're supporting it here at 18. Now they just pulled that. So now they're down here. So we might get a pullback to about down here, you know? Let's see. I mean, we're still bullish here. Lucius, can you explain structure a little more? We are identifying who's in control by structure and market orders. That is correct. Yeah, it's the aggressor that moves the market. We're also looking at, you know, how the order book is supporting it. Okay, because when we don't have the order book, we don't, I mean, just look how beautiful this is. It trades right into this high liquidity, kind of bounces around, trades right into this high liquidity here and then through it and then trades right up here into 20. Okay, now we're getting our deeper pullback into this area here, but look where the buyers came in, right? Here, they're supporting it. Okay, we noted there at 18 here that they started a pull. So we're looking for them to come down to about here, or we said 16, this is where it was around this area here. Well, they kind of pulled and added a little bit lower, but see how this aligns with the structure, see where they took control. Now, there's all sorts of ways, I would just go over this one maybe, maybe this example. Okay, yeah, you see it, excellent. Yeah, you'll see this again and again. You know, this is just how the market works. Buyers are supporting it down here. They're in the heat map, so there's come in and test it down here. It auctions down here. Now, there's a few other things to look for here for you volume profile guys, and I know there's a lot of them in here. Look at the profile here. Even before that happened here, here's your high volume node, or your cluster, your volume cluster, right? Right here, around 43, 15. Here's your retest to that cluster. So you have a lot of things here going on to look for this to continue on up here, and now looking for the breakout. We should get the breakout up here now. Here they come. They're so looking for our 25 area here, and then maybe 27 and 30. There they go, there's 25. Okay, so now we're aligning here pretty nicely, our higher timeframe outlook and analysis from the daily, hourly, and 15 minute and starting to look at some of these zones and the reaction to buyers and sellers in these areas here. So here's our breakout, okay? So looking for them to come back up into these areas here. Now we know the liquidity's already up there, so we're looking for it to test into it. Okay, so we got to 25, we're pulling back already. Okay, we should get a bounce off of this node here as well, we should. And that would be the first scenario. Okay, so starting to get a little bit of a bounce, they're supporting it here at 20 in the book, that's good. Okay, now what's the reaction here? That's what we want to know. Well, we got some buyers, you know, look at the buying up here, it's not really the same. Not yet, looking better, there we go. So now here's back to 25. Now these guys are back in the order book here at 25. Now they're starting to pull. Okay, back up here at 25 again. And no buying, very, very little here. Okay, so some back and forth in here. Okay, they're still supporting it though in the order book. That's good. Here we go, buyers, and they're pulling up here at 25. Let's see if they can get above these sellers here now. Okay, I want to see the buyers back up here around 24. If we get them up here around 24, they should be able to break out. Here they come, let's see it now. Let's see it buyers right here. Now start buying and then 25 on up to like 28. Okay, that would be the first target on this timeframe, on this timeframe. Yeah, can't do it. In fact, kind of exhausts out here. And we made a lower high here and we're seeing sellers down here. So likely you're gonna test a little bit lower here, 20 and maybe even 19. So we're reading the order flow up here, looking for buyers, we didn't get it. In fact, we made a lower high and you can see the little red kind of points up here, that's exhaustion. There are no buyers up here. And it's even a lower high. Okay, let's zoom out though. Let's take a look. Okay, quite a bit of selling coming in here and it's below the swing. And now they can be on the hook here and or they can take it lower here. All right, they're gonna take it lower. They're gonna try again for 15 here, this look for the look for the move back down to 15. It lines up very nicely with the high volume node here or volume cluster, looking for sellers to test down here. This is where buyers are supporting it. Okay, now this is gonna be the second test of this area here as well here at 4315. So what do you guys think of a second test down here? You think sellers can, it might be easier for them to break through that area, kind of explore a little bit further. 1750 was overnight high. So yeah, they've already chewed through that. That's good to know though. Okay, this is a low volume pullback here so far on the buy side at least. There's more sellers in here than there are buyers here. Now, if the buyers can get back up above it though, they can flip this. All right, so sellers should be able to take this now down and test 15. Okay, they've got it. Here they got these buyers on the ropes as well. And let's see it sellers. Let's see if you have it here. Let's see if they're gonna come in here. Kind of curious here, because this is a really strong uptrend, but looking for sellers just to test down here to 15. This is not high probability, but it fits. It fits what we're looking for. Selling came in here. They took control at this little area here and we're just bouncing around in this area where they took control. So up here, buyers need to take control away from it. They're not. So we're looking for sellers to try to retest back down just below the swing and down into 15 here. And there it is. There it is. Okay, look at the order book here. See how the order book really helped out there. Okay, we had a lot of selling starting to come in and then the order book comes in and pushes it down into this 15. So look for this dynamic right here. Sellers came in. It was initiated by the sellers here. They traded into this, but then we have high liquidity, 142 contracts on the other side, on the offer. Reaction to it was more selling into our 15 level. So in fact, this should be able to push it through that 15 level. Because we've already tested it once, right? So this is what I was mentioning earlier. Here's our push through it. Okay, because here is our original test here. And we know sellers are in control. We're looking for them to test back down to 15. And we also know that they already tested this. They are back here in the book though, but they've already tested this area here. So there's a higher percentage or possibility for them to test through it. And that's exactly what they're doing. Okay, so starting to understand these levels again, in terms of the order book, where the buyers took control. Now, see how the sellers now have taken control below this area here. So now we have a new market structure. And this is a reversal pattern. You can call it head and shoulders. You can call it whatever you want. But just understanding the order flow is the key here. We were looking for buyers. We're looking for the move up into, well, God, it was 15, 20, and then 25. Then we're looking for continuation to 28 and 30. And we still might get there. You know, this is on this timeframe though, this is where the sellers started to come in and we noted it. And we didn't, this is where we saw, we were looking for more buyers up here, exactly on this move here, right into here. And they can't even get up here. They can't even reach this area here, the liquidity up here at 25. And we're looking for them right in here. And this is where they exhausted out. Looking for the sellers to come in, they did. We're looking for a 15 level. And yeah, I can't recall what we said around in this area here. We knew that we're looking for the 15 to test. Yeah, I think I said like 18 or something around in here, this liquidity here, and then 15 would be the next level. And sellers took control here, driving it lower. And then the potential for the move below 15 due to it being retested here. All right, so here we can kind of draw this up and this is our pivot, okay? So let's see if we can get, looks like, and you can see even a little bit higher here is better. I like this one better, I think, at 17. There's a lot of absorption sweep at 43, 25, okay? Yeah, yeah, up here. Yeah, agreed. Stops, look at the stops, high liquidity. This is where you're gonna get your book sweep right here and right here and here. Yeah, nice one, Doug. Lots of stops being triggered. Iceberg on the other side here, not much. God, it's not much even worth mentioning here in terms of icebergs. Yeah. Yeah, the icebergs are down lower. Okay, nice stop run though. Now look how we're right back above our pivot lines here. Looking again for, see how we noted the head and shoulders or like the failure and then 15 and then a little bit lower. Well, look what's happening. Okay, buyers are backing control. Look where they took control again. What do you guys think? What level? Okay, and where do you think price is gonna go based on the order flow here? It's looking pretty good. It's looking real good. We might get another pullback and if we do get a pullback, where would we think the price would pullback too? Most likely. Okay, so 20-ish? Yeah, it could, 20 might, but the first question was, where do you guys think they took control? These buyers, when they came back in? And more importantly, where do we think it's gonna go right now? Yeah, that's right. Spot on Alec. Yeah, in Makaka or whatever. Igor, liquidity above. Yeah, yeah, exactly, yep to 30. Yep, that's the next level here. It's kind of struggling up here. It retested 25 here, as you guys can see and it traded into 20 or whatever this liquidity here at 22, yeah, 22, 23 has already tested into that and we see buying pressure above it. So yeah, again, I mean, I don't know, I think this is just, it's beautiful stuff. Here's the move back down. Here's the move back up above our lines here. This is where they are taking control, buyers. This is where the sellers took control over here. Now we know buyers, yeah, that's a good point. Someone said 20 in there. Yeah, I would go with that. Also here, not bad, not bad at all. So that could also be your first area for pullback. Not bad at all. Yeah, so whoever mentioned that, I think Alan, yeah. So looking for, the first pullback would be around here and makes really good sense. Here's our volume cluster here as well, okay. Now this turns in, look at the pattern here. We had a head and shoulders. Now we have a cup and handle and we're looking for the breakout up into 30. Yeah, beautiful stuff. Okay, if they can get to 30, we're back to our 35 level on our higher timeframe. And there's liquidity now coming in at 35. It wasn't there earlier, very, very little. Now they're really adding into the book here at 35. Okay, so let's see the breakout up into 35. Strong buying, looking for it, looking for it. Buyers, they've got control. Do you win something like the price is right, Alan? Hey, yeah, you got it. Well, I mean, heck, you know, like wrap, yeah, what you could win is a great trade. Wrap your risk, you know, study it, study it and wrap your risk metrics around it. And you've got a trading plan, a little tournament for the questions. Yeah, maybe. Yep, still looking for the breakout here, guys. A little bit of action here on the bid. It's not really doing much though to price. See, that's what we want to gauge is like, see this action here or this high liquidity here? What does it do? Okay, we're finding some buyers. Okay, they should be able to hit 30 and then through it here. So that's what we want to know is what's the reaction from this liquidity here? And believe me, it's not just us that are looking for that. This is what larger players do. They're testing the market. They're looking at these areas in here. How does the market respond to this? All right, here's our breakout, okay? Okay, we're looking for that back over here around 25. There's a 10 point move and cup and handle pattern. Now, again, I know you guys are most of, most of you are looking at volume profile and you could be looking at your P-shape profile here. Same idea, same concept. It's all really the same stuff. So, I mean, cup and handle is just, it's just basically strong buying followed by a shallow pullback and then strong buying again. That's it, right? Your P-shape profile is, well, a lot of volume transacting up here, not a whole lot down here. Not a whole lot, okay? More volume again trading up here, especially here looking good, looking good. And then look at the buyers up here. Let me get, I'm gonna get rid of this, sorry. I was demoing this again earlier today. We have the aggregate as well as the last transaction. But so, okay, so more binds, what we're looking for and that pressure and this P-shaped to break, right? This is a weak top. This is called a weak top for your profile guys. Yeah, I'm sure you know it well. It's a great, great pattern to look at. And we're looking for buyers up here, right? And then we're looking for the extension up into 30. And we're looking for this auction to complete, for it to trade up into these areas. It's not completed up here. We have an edge up here and no one has really tested above it and really kind of completed the auction here. Now they're doing it, okay? And here's our breakout. All right, so now here's our 35 area, okay? We're up at our 35 area. This is exactly what we're looking for. Now, let's take a deep breath though and then take a look back though. So let's look at our higher timeframe, right? And here we are, up at our 35 level. All right, this is where we previously found some sellers. What we wanna know now in the order flow, are we gonna find sellers defending this area up here? Or are these buyers gonna try to stop them all out and try to get back up even into a higher level up here, which would be this swing up here, it looks like. So it would be up here, maybe around 55. Is that right? Yeah, yeah, somewhere around here at 55. So actually, let me drop that a little bit lower here, 59. Okay, maybe 59, I guess. Somewhere between 55 and 59, it looks like. Okay, the next swings up here, okay? Look at this 15 minute chart. See the momentum, pretty strong buying here. Even with the wicks up here, just above this little area here, we're looking for the continuation and we got it. And we're still looking for the continuation here. Now, we're just being attentive though. This is where the sellers came in. Are they gonna defend it? Are we gonna get profit taking up here? Likely, we're gonna get some profit taking. But we can get even higher here, maybe this kind of 55 to 60 level, which aligns nicely here. Do you see how the way we're looking at this, even this candlestick chart here, and the visualization is just, it's so basic. Or it just gives us really a little bit of some of the swings, rejection. Consolidation, just kind of some very basic rudimentary understanding of order flow. Very rudimentary. But you can see how we're looking at this candlestick chart in terms of order flow. Because it really is order flow when it comes down to it. And that's why a lot of times in the education, we're going through many different ways of trading, not just volume profile, because it's all derivative down to order flow. Even on the monthly chart, same concepts, same ideas. That makes sense? Okay, so we wanna look for what's gonna happen up here in these areas in the order flow. Okay, what levels are you guys looking at in here on this move? And feel free, I mean, don't, you know, feel free, like maybe you're looking at some areas in here, like it might be a pullback to a high volume node, or, you know, a rejection off of a low volume node area. Okay, you guys, some of you are looking for a pullback. 33, 32, yeah. Okay, 45 to the upside, Jeff. Okay, so in terms of pullbacks, where are you guys looking? Are you looking at your profiles? Okay, Alec, you're looking for a high volume node pullback, 43, 22. Yep, down to this volume cluster down here. Mosaic is the winner so far. Just the pullback is to this little area here and this bind in here. And then we see more buyers coming in. So they're still pressing here into 40. 50's up above here. And what about, we said 58, 60 though. Well, I don't see much up there right now. It's really the figure here at 50. All right, so yeah, let's take a look at this because like, boy, I really like this 35 area in terms of a pullback. But yeah, I hear you, like this kind of 22-ish area here. But that's just in terms of volume profile. I mean, maybe sellers come in and, I mean, primary scenario is to the upside. Okay, I'm with Jeff on that one. Primary scenario is a move here to the upside. Okay, looking for buyers to just continue here. That the momentum strong. And usually when the momentum is strong, we may get some profit taking up here and some of these wicks in these areas like we were discussing here up here. But when momentum strong, like there's not, it's not new selling. They just let it roll. Sellers get out of the way. This is where we're looking to see if they defended up here. This is where they came in and dropped it. All right, we're already above it though. Okay, so we should see some stops already triggered but we don't really see too many. Okay, another little cup and handle here. Let's see if our buyers come in. Looking for the order book here to support this. This is a very V bottom kind of cup and handle. But so there's 40, 40 is transacted. Yeah, it already transacted here. Okay, and we see more buyers here. Not a whole lot. All right, all right, so sellers are gonna roll in here. All right, let's see if they can go right back down to this swing and this volume cluster that we're looking at. Now the cluster is actually in the profile. It's in this area here. But let's kind of look at some of the minutia in here and start to understand this. This is where they broke out from. Look at the pullback to where we broke out from here. All right, so here it is here. Here's our breakout. Here's the retest to where it broke from and here's the retest again. All right, so now we also have some other insight. This is retested here a couple of times. Now it did make a new high. But if we see sellers come back down here and retest this again with pretty hard, strong selling, then we're looking for a move back down to maybe our next volume cluster or where it broke out from. It could be this 32 area here, right here. It could also be this area down here at 30. And yeah, you could even look for a really deep pullback somewhere around this kind of 20-ish area here. Now in terms of buyers taking control, it's really, you know, it's above here, 25 right here. And in terms of structure, right? But the bigger move actually took place down here, okay? So yeah, so all we did get was a move back down and we're already seeing the result here, right? Strong momentum and going with the momentum here. Sellers do come down and test about this 35 area, that this pullback here or this volume node here, they can't even make it again here and buyers come roaring back in. Not roaring, but they broke it and they made a higher high here. Yeah, they're just not showing up, Jeff. Yeah, the sellers are just not here. Yep, yep, exactly. Nice, yeah. You're seeing it. Yeah, yeah, it's beautiful stuff. I mean, you know, now we gotta be aware though and we gotta go through the different scenarios here and we have to go with the order flow and not have a bias here. Like right now, if sellers can get back down below this little area here, we're looking for another move back down to 36 or 35, our kind of high volume node or cluster in here, okay? So we're actually seeing some buyers come in again. Now, let's see them move back up to 42 though. I don't wanna see buyers so much here. I wanna see them up here and here they go. All right, so let's get back up here. And if they get back up here at 42, we should get our breakout up into the 44, 45 area here. Maybe 48 and 50. See, we don't wanna see this. We don't wanna see buyers here. See how sellers can easily take control below them. Yeah, so now sellers could take it here. They've got it, they could take it. They can take it down to 36 and since we already have traded back down here at 35, 36, three times, we're looking for the potential of the break down below that area and here it is. It's like almost on cue. All right, so now we're looking out at our potential pullback areas here. We had marked up 30, 32. Okay, and we already talked about this one here. And that's a lot of selling, right? So we found some sellers here. Okay, any question where they took control? Doug, I have to take a look at some of the things to be able to respond to your good stuff there though that the 44 areas, SPX 43, 50, noted as resistance and spot gamma AM report. Yeah, yeah, really great, great stuff. So again, guys, like Doug is, he's looking at his options, options strategies and then mixing that within his levels. Yeah, good stuff. CBD and hero falling, ice is selling. Yep, yeah. So now we're finding our sellers, okay? Now, we talked about that before this move happened here as well. Okay, we're looking at this area here, we're looking at this buying in here where we don't wanna see buyers because this is exactly what can happen to these guys. If they're buying in the middle of the range, you're trying to get it higher and they can't do it. We look for the sellers in here, not too many in here. Nice in here though, better, okay? But we noted it in here. I mean, this is where they'll just flip and go below these areas here. Again, look who's in control in some of these little areas. Even in these little pockets, and we're looking at like 30 seconds of data here, but it still holds true. See the buying coming in here? Okay, and they were able to pull back here and then they're able to make a little higher high here. Exhaustion here, sellers. Buyers come back, cannot even get through this area here and they're here, they're on their back foot. See, here they're trying, but they can't do anything. They can't lift it. And they're the ones that need to lift it. Once the sellers can get below these guys, these guys are trapped. And we see some icebergs in here as well. Now, this buying here is, I wanna see them and to confirm that this is a trap, that is trap volume, I wanna see the stop run to the downside below. Now, let's just take a look at where that might happen, where we can anticipate that to happen. So these buyers in here are likely gonna be placing their stops down into maybe this area down here, these swings. And that's exactly where our stop run starts to unfold down here. So this is a run of the stops. Okay, so I'm only going over this volume here in terms of it potentially being trapped if I see a stop run. Now I know, it's confirmed. All right, so let's take a look here. Funny, funny price action. All right, so we're back up above. Buyers, we found our sellers and now the battle's back up to where these sellers dropped it and we're seeing buyers again. This move here is no different than what we just saw with that cup and handle. So yeah, there's still momentum in here. Sellers had their day. If we get enough buyers up here and we should right up here at 42, we should. I don't see any order book here that's gonna make it any different. Maybe someone comes in here with very high liquidity and changes the game. But right now I'm looking for the breakout again. Okay, let's see if we can get a little more push in the book. Let's see what the reaction might be to some of this liquidity in the order book. Some just came in here at 41 and not a whole lot. Well, 100 contracts and we found some sellers. See how the reaction is. See how the buyer, we found buying pressure come back up and test into it and above it. So we're still looking, there's still buying pressure in here based on this little action right here. So we're looking for our breakout. We're looking for buyers above it in our breakout. 44, 45, 46. Well, nothing at 46, it's more at 48. Okay, they've got it here, let's see it. There's 44, stops, icebergs as well. Not a whole lot, but some. Okay, selling coming in here. Let's see if we can get our buyers back up above this cluster here, just above this kind of 41 and three quarters. High liquidity on the bid. Let's see it, buyers up here. If you've got it, then we're looking for a higher high here. And they can't. All right, let's see, one more time up here. Oh boy, this could be a nice move. Let's see it buyers, you've got it here. If you've got all these guys on the ropes here, if you can now move it. And we should see a nice stop run. And they didn't show. Okay, one more test up here. Let's see it, let's see it. They've got it yet again, and again. All right, so now we've got multiple tests up here and the buyers fail to take it. Okay, so let's see if the sellers now take it down then. All right, looking for them to try to take it down. Lower two, I have 38-ish just to begin with. And then, yeah, these little swings, maybe 37. If they can really come in, then we're looking for them to move back down to about 34. Yeah, liquidity coming in around 35. You're out, okay, sounds good, Jeff. Note, I mean, this is not a trading room, right? This is an order flow reading room. And it's not financial advice, it's not a recommendation. Interesting stuff. I mean, the order book is really kind of funky in here. You know, we're seeing some stuff in the order book. In here, these little tests in here, we get a lot of information from that. And that's exactly what other traders are doing. This is why they do this. And just kind of test and nudge the market around and get a feel for it. And we can just be bystanders here and let them play with their high liquidity in here. 500 contracts up here, 485, you know? And did they get taken? Oh, God, yeah, look at this. Look at this. They're short, 462 traded there. Someone swept the order book to trade with these guys. So we're starting to see some back and forth in here. So larger players battling it out here. Now this makes sense, too, that they're starting to kind of test and battle each other here. We're getting close to the European close, okay? Buying pressure back up above this area. Now this is key, okay? So let's see it now. Can they continue here? I still like it on the buy side. Let's see if we can get up here, though. It's gotta be above this area here, this liquidity that got filled here. They're supporting it in the book. What's the reaction, though? Nothing yet. Now we got some buyers. Okay, they're gonna go, they're very, very quick move, okay? But we're back up here. Now let's see if they can lift it up into 45. No, not yet. Okay, this is gonna be choppy here. We've got about 20 minutes until that European close. Good trading, though, Jeff. Excellent. Yeah, some decent trading up there. Like Doug was saying also, too. Nice stop run up into this area here. And yeah, stop, sweeps, high liquidity. And then Doug has his, he's looking at his options levels, right? The options levels are key. All right, let's see it buyers. Let's see if we can do it now. They can do this again and still move this on up. I'm looking for that scenario. The reason being is the higher timeframe here is still. All right, we still have pretty good momentum here on the buy side. Now, this is what comes with that huge caveat, though, of like back and forth here at this European close. And it's something to, you know, we're gonna get some volatility and it's harder to trade that. We don't know when and where and how they're gonna come in here. So far, so good. I mean, like, you know, they haven't really done much. So yeah, primary scenario is playing out pretty nicely here. So looking for now, we're up at our 46, did we get to 48? 48, 49, look, God, even at 48, they pulled. It was at 48, right? Yeah, yeah, it was up here at 48. Now that they pulled, they're up a little bit higher here. So 49, 50, God, layering in here, 52, 51, 50 and 49. Okay, I don't have any other reason to think differently here than that, this liquidity being tested here. The only thing is the timing, timing right here. That's the European close. But I mean, the order flow is telling us it's going, it wants to go higher. Just that is a big caveat, though. A seller may come in here and just say, like, I'm out and they just dump. And they'll sweep the order book like several points. And that's a real risk. We never know when that might happen. Okay, there's 49, there we go, there's 50, yay, hit 50. All right, still momentum, there's no reason to think anything different, guys, still. There's 51, there's 52 and above. Look at that flip of the book. Look at that, nice, beautiful. So above 52, they're supporting it here, at least so far. Let's see if they stay in the order book here. And then they're not, they pull, they pull. So they didn't even take the risk. All right, let's zoom out. So we're going to wrap it up here pretty soon. But I just want to zoom out and I want to take a look at the bigger picture here and what we were looking at and how we started off. Let's kind of work backwards a little bit here. God, it's really, it's pretty. It says, even higher timeframe, it's pretty. We were looking for, we kind of started off with, well, we're looking for that momentum. We'll work backwards. We were looking for that momentum here because we were bullish. I'm going to start from the, I'm not going to work backwards. We're going to start from the very beginning and then work forwards, I think. We looked at our higher timeframes. We saw this huge rejection down here, which is actually, you know, market open down here in the regular trading hours. And we see this is really, really strong move here to the upside. And we were looking for, you know, this, we're kind of, what was it here, around 10 o'clock. Yeah. So we kind of started right around 10 o'clock here. Yeah. So we kind of started right around here. That's right. So we saw a few wicks already. And then we saw this candle here. It was kind of down below here, but it's like, well, you know, makes sense. There's some wicks up here. But the momentum is strong. And we already saw some, some buying coming in here on this 15 minute candle. So we're looking for them to retest this 11 to 13 area here to retest it. And if they can still get momentum here, we're looking for our kind of 35 area up here, because that's where sellers were. And looking for some profit taking up there, looking to see if sellers tried to defend it up here. Well, we got our answer. They didn't really. We got the breakout and the continuation. So we're looking for our next level. Okay. And now we can jump over here to the hourly chart and we can look at that. And that next level is up here. Somewhere around 55 to 60 somewhere around there. So that's what we'd be looking for. Okay. The retest back up into here. This is very strong momentum here. And there's going to be a lot of stops up here. People are going to, you know, in their swing trades and whatnot, you know, they're going to be placing their stops up here. But maybe we, maybe we, this is it. Maybe we get as far as up here. And the sellers come in here and start defending it hard. And that's what to look for, though, in the order flow in book map. You know, if this can continue with momentum you're looking for on the daily here, back up into this kind of 89, 85 level, something like that. And this swing up here, it makes good sense. So I kind of really don't see much on the hourly chart there. Yeah. Well, it doesn't matter. Yeah. The hourly, I'd be looking for a bit higher. 44, 42. Kind of maybe around 40, 44, 15 or so. But anyway, so we were looking for that continuation and momentum. And then we went over the order flow here and understanding structure and volume within the structure. And noted that there was more where sellers took control here, where they were tested and where buyers took control. We get the retest back to here where they broke out on two different time frames. So this maybe can be a little confusing, but it's pretty straightforward. The selling came in in this area here. We noted it where they dropped it and took control. We see buyers taking control above it here. We get one more retest, but the retest is where they broke out from this smaller range here. So here it is here. And then we get more buyers back up here. So we're looking for the continuation or at least for buyers to at least trade sideways between 50 and 70 in here. And this is where the buyers came in and lifted it again above and 75 here is where they took control. So starting to understand the structure and the volume and also the order book within that structure because the order book is showing us a lot here. On the bid here, they don't even come back down and test it and we're still getting buyers here. That's looking great. It's the aggressors that move the market. And then look at this. It's just a beautiful book. Layering in high liquidity on the bid here, more demand at these levels here. And we already know buyers are in control here. Some selling does come in here. It's pretty strong. We don't even get a retest to this kind of 75-ish area. It doesn't even come back down there. And then we saw the buyers come back in again. We're still bullish. Our higher timeframe, we're still bullish. Our lower timeframe, we're looking for that move back up into 12 and 13. It did it. We got a pullback here. And then we're looking for that cup and handle pattern. We saw that this was our head and shoulders reversal. And we noted that the seller is taking control on that lower timeframe. Then we drew up these lines in here where they took control. And then we know that this is the pivot point. Buyers back up above that area. Now we're looking for that move back up into our 30 area. Then continuation. We know that there's momentum in here on that higher timeframe. Looking for a 35. And then nice move up into about 42 and 44 here. Huge selling here on this pullback. But even with this huge selling in here, we looked at some of these areas where they may pull back. And that's where they went. They went to this liquidity here at 30. A little bit lower, maybe even 27 here. And yet again, buyers back up above all of this selling in here. And looking for that breakout. And we're still breaking out. Looking for our 60 level now, guys. Looking pretty good. Anyway, let's see here. Yeah, exactly. A 10 point move here can happen at any time. Jeff is a good point. The geopolitical stuff in here we never know. Right. What might happen, what might unfold. We've got to be careful. And look, that's just how it is. Like, you know, if you want reward, you got to take risk. And you have to be able to manage that risk. And that's just essential. That is like the primary or kind of a rudimentary basis here of trading. Like you have to take the risk. Risk reward. And you have to manage it. And then look to the order flow here. And some of these ideas and concepts here. To, you know, consider. And really what's important here. This is our education, our book map education. But what's important here is to consider. Understanding these concepts at a deeper level. And doing your own studies. Okay, once you've done that. Then now you have something. And now you have expectations for it. And you can look for these things. Instead of looking for it and taking a knee jerk reaction. Just going, yeah, I know this person looks at that or that. And I want to trade like that and boom. And you do it. That it really, then it's not going to work a few times. And you go, yeah, you know, I got burned on that. I don't want to do that anymore. And then you'll do the next one. Right. So, like, you know, we go through many different concepts in here, but someone like a J trader. Such a simple, like one of his strategies, a core strategy is just so, so simple. But he has utmost confidence in it. He's looking for pullbacks to his moving averages. He already knows the stocks moving. So he's just looking for the pullback to the moving average. And he's got tons of numbers to give him insight and confidence into that trading strategy. So same ideas here. And then build that out, build your own confidence. And then now you've got something. And now you've got a trading plan. All right. So let's see. Do we make it to see? Yeah, we even made it to 60. Wow. All right, guys. Well, anyway, we've got our European close coming up. And I don't know where to go from here 60. Like it's the same same ideas. Like, you know, I'm expecting some selling to come in here at this point. But it looks like I'm looking for some defense by the selling up at this area here. And I imagine we'll get some profit taking as well up in this area here. And so, you know, and we got our European close here. We cannot though deny this is a strong move here. Okay. Up into these up into where there was selling previously though. Right. So, but we want to look at the order flow same ideas around this level up here now, because that level has been, it's been reached. So, you know, are we going to get to, you know, back and forth between like this kind of 4320 and 60 level just for the rest of the day, maybe, you know, do we have some sort of geopolitical event and look for the order flow and maybe they move back up into, you know, 4400 somewhere up in here. 4415 up in here. Anyway, guys, some ideas, take a look at here. All right, we'll, we'll wrap it up. Unless there's any last minute questions here. Okay. Now, you know, also your volume profile guys, like look at your at your profiles in here and match it up with order flow. Some of these concepts we're talking about because just going off of the profile is really it's like, you're using like a sledge hammer. When you look at some of the details in here and match that up with your your profile, man, now you got something, you know, really understand like in here, you know, they took these these sellers on here. These guys went right after it and traded into them and through them. So we're looking for the move higher. Okay. Well, there's your pullback to here right to it. In fact, 4350 and we're looking for buying pressure above it. Great. You just you just made this this idea of a pullback to this cluster of volume here, much, much stronger and more high probability. Yeah, you really got something then. And, you know, go back and take a look and re and re study play it play it and replay mode, get an idea. All right, guys, well, thanks for coming everybody. And we have a good weekend. We'll catch up. We'll do it again. Monday, Tuesday. Well, every day of the week, but Monday and Tuesday, I'll be doing the forward looking analysis Wednesday is Jay trader. Scott will see me is Thursday and then I'll be back on on Friday again. Now, as you guys know, Tom B. We're going to pass the baton right over to him. He is up next and usually comes in somewhere between when this webinar ends and and 12 East Coast time. Right. So, yeah, look for the continuation here of the education and enjoy. Yeah. Yeah. Have a good weekend, everybody. Okay. Thank you. All right. Take care. Bye bye.