 All right, good afternoon traders and welcome to the book map Academy coaching and mentoring session We we do this every afternoon traders and welcome. We do this every Thursday At market close and this is just part of the book map Academy As a member this is what you get Here let me just go through a bit of it if you guys are new to the Program on YouTube Just go to book map calm click on the more button here under community go to book map Academy And you can sign up here. So it's a mentoring and coaching program But it's a lot more than that there are steps in here you apply to the book map junior Academy If you create good content in here and we will give you feedback to help you create better content Then you'll be invited to the book map Academy or junior Academy, and that's a testing ground You'll have a month or and you can repeat it once you're in and You will create content for the month and if you meet the qualitative and quantitative thresholds You will be invited to the book map Academy. This is where you can get book map for free If you double your quota, you can also get the MBO bundle and other add-ons for free And then it continues on here. You can become a coach and you can get data for free We're happy to extend these freebies to you. So as part of the Academy, you're giving back to the community You can become a streamer as well Tom be Doug and Moby our streamers Moby's not streaming any longer, but Anyway, you can go this route if you like as well and Then you can get other additional incentives so if you're interested in that just apply and You can see the FAQs down here below All right, so let's go through the Disclosures here and then we'll jump in a few more things I need to go through and then we'll get into the coaching general disclosure all book map limited materials Information and presentations are for educational purposes only should not be considered specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies Involves the stanchal risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results All right, so a few different freebies out there One is the new Trading journal, I don't know if you guys have Played around with that. It is excellent. It's just the I mean, we're really happy to to to offer this it's You can kind of track your trades over time here and then It shows you your biggest winners your biggest losers Your total wins your total losses your profit ratios your average winners and losers and then it has your Listing here of all the trades. So now this is just the minimum viable product at this time Now you also have dates that you can select up here It's going to be built out a lot more. All right, so if you're interested in this Dan I think you have the link for it. I do not have the QR code Image at the moment. Let me see if I can find it and you can take a screenshot of it of it if I can find it here and If not, just use the link and you can go into the book map Academy or in the area in the book map Academy and Download it install it. Well You won't actually need to install it. What you'll need to do is just sign up What you do need to have running is this one here trading statistics. You will need to add this For each instrument that you want to track. Okay, so you add this And that's your trading statistics here. Okay, so this is a great tool and it's a great coaching tool and we're gonna also Add this to a lot more You know trading activities in here, we'll have competitions competitions within the book map Academy Etc. So Okay, so it looks like Dan has the image here So Yeah, here it is if you are interested in signing it up for this Just take a screenshot here And you can get access to this trading journal, right? Thanks, Dan. All right, so Anyway wanted to mention that and we're gonna get more and more into the trading and the replay mode Debriefing your trading. I don't know if a lot of you guys use that replay mode. In fact one of our partners Carmine Rosado one of our educators He will be hosting a webinar next week and he's gonna talk about that how he uses it to debrief In replay mode So we also had the webinar last week with Jack And he talked about how he takes his trades on Another platform But he'll also take it at the same time within book map so that he can Go back and revisit and replay those Trades and and learn from them see how they related to the order flow It is a really really fantastic tool So we want to see more and more in that of that in your content as we move forward And like I said a lot more trading activity competitions and some trade management Jack wanted to mention something as well. We'll see if we can Maybe go over some some of Jack's material material a little later. If not, then next week Yes, sir, so I'm gonna post this in the Bookmap Academy channel as well, but really what I want to do is I want to take a second to Shout out Vinny V. He's our current blue jacket winner He's been working incredibly hard I waited for this moment specifically to make sure that I can congratulate him on stream because of how hard he's worked He's worked both With me within DMs, he's also interacted within the Academy You can really see just the overall approach to things. He's really using Scott's zones and he's kind of got his own take on things If you want to see what what his trade was this week that I covered It's in the notion file in the Academy channel as well as of course the blue jacket award, which I just posted now So Vinny V if you're out there buddy, congratulations. Well deserved after after we're done with today I'll be around until about Five o'clock four o'clock probably five o'clock. Yeah five o'clock CSD in the Bookmap Academy channel the voice channel and I'll be going over a couple of trades with Alan So if you have questions there, feel free to join in you can listen you can ask questions After the stream so stick around if you have some Some free time. All right. Thanks, Bruce. Yeah. Yeah, sure. So What what Jack is guys we've we we have this stage room here for The this big event on Thursday So we can share the stage with you guys. You can get on the mic, etc But we also have a voice channel of like a breakout room during the week and you can go in talk to your coach or talk to whomever and You have a discussion there to go through some trades and and other things so really nice feature and it's it's great to have that Access to the coaches so take advantage of that if you guys can you'll see it in the Here it's One channel up. Yeah, the voice channel is right here. You guys can see this As you guys have questions at any time and you guys want, you know a little bit of like Voice feedback because text isn't necessarily the most precise form of communication sometimes and you're just a little Maybe vague on something and you want a little bit more, you know nuance to it Just ask just mention it and we'll find some time to to sit down and and help you out with something Maybe it's even a feature in bookmap that you're not exactly sure how you want to toggle or what settings any of those kinds of questions Feel free to to ask them guys That's what we can use the breakout room for any of that stuff We can go over trades all kinds of stuff I plan on trying to use that a little bit more frequently for users as they start to get used to journaling as a whole so Look forward to that and we'll try to use it a little bit more. Yeah, it's a great tool We have it at our disposal. So let's take advantage of it now So, yeah, thanks Jack and and thanks Vinnie congratulations on your win and just really really great work strong work that you've been You've been doing I think If well, we'll try to get to maybe something later today from you Vinnie but if not, then we'll go through you in more detail because We've been promising to go over some coaching with donkey and crash at f16 so I wanted to first Take a look here at at crash and then open the mic and You know, one of the things in here that is gonna be kind of more discussion with both of these guys I mean the content that both of them are creating is is tremendous it's excellent stuff and You know, you can see how they've gotten into a specific style of trading How they've documented it They're journaling it here and then working through it in their journaling. This is exactly what we're looking for From the community and how to support each other and support yourself how to get better This is exactly what the Academy is for. All right, so Let's start here with with crash and we'll open up the Oh There we go. Okay. We'll open up the mic for for crash and What I wanted to just kind of start off with crash was And like I said, this is gonna be a little bit different More kind of open discussion here The reason being is like you've been looking at this for quite a while now It's just higher time frame And then you've been looking at ATRs for the day And then adjusting your kind of expectations on lower time frames when you're zooming in and looking at the very specific entries and your trade management so Like this day here just on March 4th here you were looking for kind of a multi-day cycle and You know, you saw this kind of just blip up above here and then This was that what you're on West Coast time. So this is End of the I'm not sure what time this is actually Anyway, you can see that this was the high here And and then it just really dropped and this drop here. This is the retest here and it could just continue to drop And so yeah, I just was I was really curious. I wanted to hear from you more about your higher time frame analysis Yeah, hey Bruce. Hey everybody Thanks for again for putting this on every week. Appreciate it. Yeah, I think you know when I'm trying to Put stuff into the room I'm trying to do a variety of information of the different techniques that I personally use and so, you know I've done a ton of stuff obviously on market polls VPI spikes with CBD Then everybody's for the most part. I think it's pretty familiar with but I try to you know I use a multi-component system, right? I use a Cycle day system that has to do with multiple day cycles. I do an intraday cycle system And then I do a sniping system and then I have structured trade setups and then I use book map with confluence To give me Confidence in the other stuff that I'm doing and so as I post different stuff I try to post different parts of each of those components that I trade with And try to share stuff that may not be completely typical For the average trader in his daily routine of looking at stuff So this is just an example of where I'm trying to teach people or show people how I do it From a macro to a micro view You know a specific Trade entry using market polls VPI spike CVD combination gives me very specific Trade entries with a very low risk I can have you know a five-point stop max on most of my trade entries when I do that But in this case, I'm trying to show a higher time frame And you know the couple pictures that I attached with this I show a TPO profile in addition to book map Trying to show where in this particular case where at the end of a multi-day cycle and you can see very clearly here on book map again This is in Pacific Standard Times. You were correct. I'm on the West Coast. It happened to occur in globe X So, you know a lot of people may not have been awakened for this particular event but if you wake up in the morning and you see this when you wake up then You know, you need to add that to your game plan now or adjust your game plan from your your pre-fight planning Planning the night before on what you're planning on doing the next day Or if you don't create a plan until the morning of then You know you add this to it, but this is just an example of you know book map providing The yellow brick road again, whether it's a macro view or a micro view And it's very important to look at this and to see what's going on But you know understanding things like multi-day cycles TPO profiles structure within the system Being able to look at book map with that understanding. It just paints an incredible picture So like you see here, you see this little peeky boo head and shoulders formation At 1 o'clock in the morning Pacific Standard Time globe X and that happens to be at the end of a multi-day cycle the previous day of RTH So in my pre-flight planning for the next day I know that at the end of one multi-day cycle We're gonna have a pullback because right the market never goes straight up and never goes straight down You buy them to sell them and you sell them to buy them and over the last 12 years. There's a 90% Statistic that shows that on a multi-day cycle That there is a positive three-day cycle that occurs every three days Okay, and so this is the end of a three-day cycle right here So I'm expecting some Relative average pullback From the peak of the multi-day cycle top to come find a pullback at which case we can then start a new multi-day cycle So this is what this picture is trying to explain Okay, so I mean because it was a little cryptic. That's why I kind of I chose it here So what you're talking about is you're looking at your your higher time frame TPO chart and then you're noticing Well, yeah, and you have your multi-day cycles and then at this point here you see this You know this one last attempt to the high here and it just totally fails Exactly, and then so at that point it's your you're kind of like clued in to this cycle starting That's right, and it brings confirmation to my game plan, right? So it's not meant to be cryptic It's cryptic in the fact that most people don't understand a multi-day cycle and I can't put enough information on one chart to explain My three and four-day cycle Analysis that I use on a daily basis So I just put tidbits here and there to kind of open people's eyes to the fact that there might be stuff that they're not aware Of and to start researching it start finding out about it start putting it in your cross check If you don't look at a TPO chart then look at a TPO chart look how book map looks in comparison to your TPO chart Because looking at TPO charts kind of difficult, right? But when you have this picture in combination with the TPO chart it really brings a lot more Understanding to that TPO chart and what you're looking for so again Just trying to give tidbits of information that I use on a daily basis to help people understand You know, I've said it before your quiver needs to be full of arrows There's there's a lot of tools in the toolbox that you need to become experts on and you don't want to be a one-trick pony You want to be able to use all the different tools to your advantage because what do they say, you know, whether you're trading Propfirm accounts, they say less than 20% of the people that try to trade Propfirm accounts can succeed succeed at doing it the average trader doesn't have over You know a 50% win rate so you want to do whatever you can to be able to be in this game long-term and This stuff that I'm showing in here is just part of my process to where I want to be a long-term trader Yeah. Yeah. No great. I mean because like I Was curious for me like how it was actually like a month ago or so and then I really started to note it more and more you were talking about You know your ATR's and then looking for your much smaller time frame set up And then and then scale it was your trade management. That was really great was you're looking at your trade management to like I'm gonna try to hold for a hundred, you know points here in in the Nasdaq and Or you know, whatever the ATR was at that at that time and like I mean you were and you got it like on that chart so You're again, I guess that you have the bigger picture perspective here And then now you're kind of zooming in and looking at the specifics for the intraday Exactly and you know, there's there's I trade in a trading room, you know that I that I have there's people inside a book map that Trade with me that are also in book map that also trade with me During the day and they can see You know as they're learning this system how this ties together with book map because I've said before that book maps You know one of my greatest tools for putting all the pieces of this together You know the the yellow brick road Dorothy cannot be Stressed enough. I did a post the other day where we had violated 12 year averages up and down and I said something to the fact of you know All I can say is thank the Lord for book map because when you have exceeded Expectations from a structural point of view Now you can go back to book map and see hey What's the order flow telling me now when I don't really know what else to expect because we've exceeded all expectations So you've got to use book map from a macro perspective down to a micro perspective Because you know, just look at CVD and VP I spikes They look completely different if you're looking at an hourly chart, right versus a five minute chart You spread out five minutes and so during the day at the beginning of the day I've showed this before right I I do a global view. I go back when I load up my book map chart in the morning I usually go back at least 36 to 48 hours. So I just get a more historical perspective I already have my structural price targets that are outlined based on what's happening during this multi-day cycle I then go into book map and I find liquidity zones that are in Confluence with my price structures based off this 12 years history and then what it does is it helps me build a road map during the day I can take the the daily HR right and say I know okay on last 10 day average We're moving 250 points 280 points and I find liquidity zones above and below the current price when I wake up and I map out Where I think in accordance to the liquidity zones and my time and price cycle format where price is going to go during the day And so that's what I do with book map and I look at the CVD at a Macro view and then I spread it out during the day because 90% of my trades are in the direction of the trend So I look for the trend to establish itself. I look for a pullback to Structure kind of like a Scotty zones. I have my own zones the same thing I find an ATR zone and then I use market pulse VPI usually on a five minute window to help me find the specific VPI spike with the CVD at my ATR zone so that I can get in And I can get in Probably 85% of the time with less than five points risk by using the market pulse VPI with my ATRs Nice nice Yeah, yeah, I mean Really really good stuff to get that perspective because then we'll look at the next one here And then this is where like people I think we needed to kind of set that floor or foundation It's vitally important and then like because then your next one here This is where like you can get kind of you know You can get kind of lost or people can get kind of lost like because you're looking at a lot of stuff And you know you I love this though. You got your long criteria here You got your confluences in here and then you're looking for them here on the chart and marking them up so maybe if we You know transitioned from from that higher time frame here I know this is a different a different setup or a different direction here, but maybe I start to walk us through a little bit like You know the process here Through through your criteria Yeah, sure. So in this particular case we were coming down in price obviously and On my particular charts, I have a structure zone that I label an ace trade Because it was something that was taught to me that is a structural setup and the ace trade in General if you look at some of my past posts Give you the ability to collect 50 to 100 points, and I'm getting 75 to 100 percent 100 points with trade management on a regular basis And if anybody doubts it, you know, you can go look on YouTube. I post videos About this and charts and stuff So you can look on YouTube or Instagram to find out more information just to validate what I'm trying to say But in this particular case, you know, Scott Scotty P has his his his ATRs. I have mine. This happens to be coming down to my a structural zone It happens to be in confluence with a book map liquidity zone. So again book map is giving me Confluence to a structure that I already have on my chart Then on top of that I use my checklist right my book map checklist that is pretty much the same every single time I come into this trade I am looking for a market pulse vpi spike Co joined with the cvd and when I see that if I have cell sweeps into stops or Sweeps in you know by by sweeping to stops either direction depending on what direction we're looking at And then I have the spike in volume followed by the opposite volume. So in this case I've got cell sweep down into cell stops. You can see that cell stops down there I have icebergs down there on top of that I have the vpi spike into the liquidity zone And then I get immediate By volume to come back to push the price up And then on top of that in this area here, right? That's right. Okay, and you can see that I talk very significantly about surfer icebergs Because they are a big tool to use when you're analyzing data And I don't want to spend too much on icebergs right here But just to let it be known that Another iceberg popped up here. So I get the confluence of surfer icebergs. I got my a zone liquidity zone I get a double bottom with a higher low So now you see that higher low on the right hand circle over there, which also matches with a rising Market pulse vpi spike because down there at the bottom the right hand spike Happens to be our higher on this side now. I do want to caveat. It's not always higher So but when you do see this at a significant zone With a higher low man, that is a buy signal all day long Uh, especially if you have us an iceberg above you because iceberg surfers always want to get retested Okay, they just do so this has so much confluence on this trade All I'm trying to do is show you the confluence of everything in that checklist right there And then on top of that, you know, I don't mention it enough on the trades And I think I actually saw something in the Trying to remember what channel it was might have been general chat Kev or uh, what's his name? One five five. I can't remember off top of my head was asking Hey, isn't it kind of confusing to have all these market pulse sounds going off, you know, five different sounds Well, just recognize you don't have to have all the sounds on at one time So you can see on my chart here. I actually have all the market pulse tools on both NQ and e s and I actually have it on nvidia 2 But what I do is in order to not make it overload, you know My brain by hearing all the stuff. I actually just leave the sound on for the e s market pulse Volume pressure and that's the number one I use but if you just start paying attention It's almost like a tick strike type sound you have a sound for going down You have a sound for going up you put your sound on and you see these sweeps into stops At these low when you get these market pulse dpi's the sounds will help trigger your mind To direct your eyes to look on the book map chart if you're not looking at that point in time To see these structural setups right here So very important in my opinion to have the full package of book map tools at your disposal During trading and again if you do these market pulse dpi trades and you have Confluence with them You can enter into trades with less than a five point stop and bag 10 20 30 points if it's a trade setup like an ace trade then with trade management Right, you can leg in leg out get pullbacks add to the pullbacks you Raise your stops And you let your winners run and i'm telling you guys you can start bagging 50 to 70 point 75 point 100 point trades On the nq it just moves like that and particularly since you know the first couple months of the year You know when we're seeing stuff move 300 points in a direction I mean you can catch more than 20 points. So people need to get out of their mind Uh That if they're so used to just trading the es and they just want they're just hoping to get three to five points Maybe 10 points on the trade. Listen learn some other trades that that are based off of structure Okay, that you can see on book map plus maybe scotty zones my zones, whatever Fibonacci's Uh liquidity zones all that stuff together and start learning how to capture more of the move because number one You're going to capture a larger trade and pay less commissions on it, right? Because you're not getting in and out all the time you start building some confidence by doing this on sim And you'll end up becoming a a much more profitable trader Yeah, excellent excellent, um There you go it just walks us through just a couple of things like a simple simple things that I just kind of You know popped out to me here Was you mentioned the the higher liquidity amount down here And then you you can also see the target and the high liquidity up and up in here, right right here the And you know from liquidity to liquidity basically It's just this happens so many times. It's just kind of how the market works But the also like you you document it really nicely here. You start to see this volume transition Right, uh, especially in here And uh, that's that's when you know and if you mix your kind of volume with your structure Like it's there's vol there's by volume above this structure That's when you know that that you know, there's is it's more likely to uh, you know come up and test another area of high liquidity and You can see that transition taking place in that volume and And in the liquidity. Uh, well the liquidity zone is kind of just uh outline Where where price might be might be headed? Um, so, uh, yeah nice one on that. Um, and let's see. What else did I have here? Yeah, this one well Oh, one of the things I wanted to mention in in here, which would be great because uh, like I had mentioned earlier We have this Carmine Rosado event coming up On wednesday, uh, and he's going to talk about his trade You know replay mode and and debriefing and going through his trades It would be great to see uh in here, uh, you know, where you're getting in where you're reducing where you're, uh, leveraging um Because this is next step type of stuff Uh, the first step is having a setup um And trusting that setup and knowing that it works and you you make you make some money Uh, a little bit of money out of it Where you really can make some money is when you start to leverage that when the risk is reduced Uh, and um, uh, you can just take kind of a regular trade Uh and and knock it out of the park So, uh, uh, yeah crash. I would love to, you know, see, um, I don't if it's possible if you could You know, maybe in the same time you're trading, uh, uh, you know Hit hit the you know the buy or sell button over in book map Uh and and try to try to Maybe show that so we can get a get a feel for some of that trade management Because you got a really great, um way of Managing your uh your risk Yeah, it, um It's going to take some practice for me to do it on book map. I got to be honest with you So I know donkey experienced it. He trades with me during the day too And he's seen my live chart, uh in combination with the book map chart I just I have such a system right now right with my sierra chart It would be a transition process. I'm not saying I'm not willing to do it But it would take me a while to learn how to do the order entry And all the atm strategies that I use within sierra chart And transition that over to book map. So maybe that's a project We can work on in the future. Sure. Sure. I can spend some time with you and go through some of the functionality It's pretty simple, uh And uh, I I think it's a joy trading from the book map chart But uh, because you get you have the liquidity map right in front of you. Um, so, um, uh, anyway, uh, Let's see. Um, I think I also wanted to mention on this one. Um Yeah, the replay mode. Um, no, that's pretty much it. Uh All right, and this one here, I think you you talked about, uh, uh, you know your your stop loss, uh, and then, um, uh Again, we can talk about like structure, uh liquidity, uh and volume. I mean you got high liquid high liquidity down here Uh and um something that I I don't I don't know what you're gonna mention here, but what I what I kind of saw in here and if you're talking about, um um One was a stop, um Getting stopped out, but then getting right back in Uh, and I can't wait to hear about that uh the um From that previous image, uh, and just looking at the volume in here like We're not getting that same kind of volume up in here Uh and trading up into this these areas of high liquidity in here. So the you know It's more probable and this is this is donkey set up in fact Uh that you're gonna get something like this into the high liquidity down here I would imagine just because like see how the the volume here in your volume, uh, delta bars It's just dropping off. Uh, and then, uh, you know, a nice nice move right into it here Uh, but anyway, I that's what I just saw. I just wanted to make that con uh connection with the volume and and liquidity, uh, and then, uh, let you walk through the, uh, stop out and getting back in Yeah, so this you know, this happens a lot on NQ NQ goes up and down up and down and it depends on what time of day, right? Are you in the the lunchtime Slog as I call it where it gets a little more choppy as traders that on wall street or at lunch and It just doesn't, you know Follow through with an impulse slight pullback, you know and continuation to trend for whatever reason so it's time of day It's the scenario. What kind of day is it? What kind of cycle is it? What kind of intraday cycle are you in so I'm analyzing all that stuff at the same time? But you know in this particular trade, yeah, I entered into the trade Uh, I don't remember exactly how many points I got out of it But you know what I do is I put this almost on every single chart now is I leg in, right? Uh, I see some structure when I see a breakout of that structure So I leg in on the market pulse dpi and the liquidity zone and and my my crash zones, right? And then when I see the Uh structure tell me to add so it'd be somewhere over on the left hand side where I you know first entered into the trade So where where did you enter on this somewhere over here on the left hand side? I think it was slightly more uh to the left uh over in here someplace. Yeah, exactly Okay, I'd have to go back and look at this particular chart just to be exactly sure But from what I remember as I think I just did basically that little spike there might have been the one to the left Um before the iceberg showed up actually Um, and then you know, I leg out at points of structure at liquidity zones at places like vwap at Maybe at the test of uh of the surfer iceberg, right? Because you don't know when it tests that iceberg surfer Is it going to bounce down and come back and retest the lows or is it going to get gobbled up? Uh, you know shark bite that surfer the shark I'd say shark bite coming up from below right under the water and and in shark biting that surfer and then continuing to move up When I leg out of those places though, I always want to be using the bankers money So there's dealers money. So when I have the opportunity to leg out Let's say I do, you know, a lot of people want to do two Minis on the yes, I don't do two minis. I I'll do 20 micros So when I leg into my trade, I may leg into 20 Micros and then let's say I take five to ten off here And then I leave another 10 to run To the next zone But every time I leg out to put some money in the bank I then raise my stops And I raise my stops based off of a couple things. It could be structural points. It could be liquidity zones It could be a surfer. Uh, it could be a, um Uh, a fractal And and then I I'm very disciplined about this because I am not afraid to get in a trade Get out of a trade and then re-enter because I want to get that 20 to 30 points from that market pulse vpi spike I'll get out up there at that iceberg. I'll get out up there at that liquidity zone right around 1207 area Yep that you see that spike and then I'll raise my stops below the last structure zone And if it comes back and stops me out Then, you know, and in this case you can see it hit the the structure up there, right the liquidity zones And then it starts going sideways And then if you draw a rectangle around that zone, you know, kind of a tight one You can see where we end up breaking on the right hand side of it up a little higher for me that kind of Wm type formation, right? Yeah, as soon as it breaks down from there. I'm like, I'm done So I will get out and maybe I reverse depending on what I see or I wait for another pullback And in this case, I actually just waited watch to see what it was going to do Uh, and we had another market pulse vpi spike there at that lower liquidity zone that actually got fully tested We're on the left hand side, you know, it didn't get fully tested over there. Uh at the 1202 range. Yeah So now we're tagging that I see the market pulse vpi spike I see a little bit of volume coming in with the green dots and I go, okay I'm going to add um all it I can take five 10 15 20 points But all I do is keep as the runs up with that little impulse move off of the spike I just keep raising my stop and I get an easy 20 points every single time I do this on the nasdaq So 20 points here 20 points there 20 points here 20 points there Leg in leg out race stops let your winners run. So if I legged in like 10 to 20 right here I would put like at least five micros way up by vwap And so that if it an impulse moved up really quick It doesn't catch my last couple runners that I want to have And I just keep a target up there because I have a bracket order, right? So I have my stops and then my targets above it and in this case when I leg in I leave some of my bracket targets up at the top at a much higher zone that I think Maybe we have the potential to go to and that's how I let my want my winners run because I raise my stops But I put my last couple micros Up at a higher point to see if I can get a longer run. Yeah. Yeah. Yeah, great Right now you're just looking at the basic chart um, you got a lot of like Stop and iceberg aggregation you can kind of like tweak your settings there and probably get a little bit cleaner There as well as there's just a lot of noise in in queue. Have you looked at the trader map out on the trader map pro out on? Yeah, you know order size out quite a bit and then use that as kind of like a Confluence there and you'll see a lot cleaner some of this order flow stuff that you're you're pointing out in your in your notes Yeah, jeck great great Comment and I actually do do that if you look just in the last two days I actually post a couple trader map pro charts because I run This is just my personal setup. Okay. I have the es I have the enq I have the enq trader map pro because you see the liquidity zones without all that other junk the stops the sweeps I think I think it's really useful in enq over. Yes. I don't think it's necessarily as useful Yeah, I think the filtering in enq is way stronger. Yeah, so I do I actually have the The enq and the trader map pro enq side by side So I'm actually looking at all three es enq trader map pro enq And then I actually have microsoft apple and envidia So I'm watching all of those charts. I have eight monitors. So I have all of those charts open at the exact same time cool I wasn't sure because uh In the image. It just looks like super noisy because yeah, that's just how enq is. It's not much to do with it No, you're right. Just just uh one more thing and then we'll move on to donky the um something really great about this is you know, you're trading your setup and you Um, it kind it came down below, you know, obviously came down below your entry um yet Because of your trade management. This was not a loss. It was a winner Uh, and and I just you know, I just think it's so important like good trade solid trade management Uh can can take like a loser and turn it into a winner Uh, and and this is this is an example right here. You're looking for your setup Uh, and uh, it it didn't work out. It failed Uh, and yet you took some you took a chunk out Uh, it came back down you entered back in you had your criteria again for entering Uh, and you took some more uh back out of it and this is still I mean this is looking like a downtrend in here It looks like it probably uh went back went back over but um, doesn't doesn't matter If it you know, all of a sudden a whole bunch of buyers came in and it spiraled up um, it the trade management in here is is just uh It it's just a really important part Yeah, if you have trade management, right you can do this in an uptrend a downtrend a sideways market It really doesn't matter. Obviously, there's different setups for each situation But you know, if you look from left to right Uh, all the highs and the lows are on you know, within the same screen here So, uh, it's not like huge massive moves. So, you know, I've posted a lot of other charts where it's just a sideways market And I'm just going from vpi to vpi, right? So it again, it depends on this situation But if you if you get in With a tight stop you leg out you raise your stops If you get stopped out, it's okay. You've already got Dealers money in your in your pocket, right ready to go to the next trade, right? And then just redo it rinse repeat Right. Yeah, exactly Um guys, I'm sorry. We've been really good about like time management in here and not today my apologies Last week or the last time uh last week we had jack Present but the the week before Slowdown went through and in more detail. He went through Some charts and I thought it was great. So I kind of wanted to try that again here and But I can see that I let it kind of spiral a little out of control here I'm sorry. So, uh, but this is really great stuff. Thanks crash And I'm and sorry some of the coaches. I know that you probably have some feedback But we'll maybe we'll open it up a little bit more with donkey and then and then we want to get to stan too so Anyway, uh, yeah, thanks crash great great stuff so let's Go into donkey here and uh, uh, this one I just loved I I loved seeing this Um and You know, there was just a a bit of feedback that And and things that we've been covering in here Uh about using the the setups checklist Uh, and then also imagery. This was slowdown's idea of showing the imagery on the chart Uh of the exact setup that you're looking for. So you've got your criteria You've got your checklist numbered checklist here You're pointing out onto the chart where your checklist Is, uh, you know unfolding And then you've also got your Image up here your diagram Schematic of what you're looking for And I can only think that this is helpful And this is your setup Donkey you've been looking at this for quite a while It's a beauty and in fact we saw it on on crash's chart there Um, a few times as well, uh, this kind of three hits to the low and then and then the break or this kind of wedge and then the and then the break to the upside here um, and So my first question was like Are you finding this helpful using setups checklist and image? Uh, and then uh, uh, and then we'll take it take it from there And now so Excuse me. So the question is Very specifically is the checklist and the image helping. Yeah, I don't want to ramble on. Okay So I've had this checklist and I have it loaded into a google sheet. That's on a small screen to my left Um, and it changes colors when they're all checked. I had some, you know excel Wizardry to make that happen. So I've had the checklist on my own for I don't know a couple of years and The checklist has changed but um Yeah, having the checklist is almost mandatory anytime I start taking losers And then I do, you know, the gut check You know the come to jesus talk I can always say well, I didn't have them all checked off here. So You know, the checklist is a really good best practice. Um, if I start a lot of times i'm trading such Low time frames that i'm doing it subconsciously the checklist um But anytime I start taking losers I make a conscious effort to You know, grab a posting note and click the buttons on my other screen to make sure the checklist is Is uh being satisfied. Yeah, and then the image the image, um, you know, I've got binders and binders of hand drawn images and It's uh, it's a little tedious to get it all back on the computer. But yeah, it's it's always useful to for me to spend time with my winners and they don't always look this perfect, but Yeah, I'd say both of those are really helpful And if you're not doing if you're not making money and you're not doing it You ought to start doing it if you're making money. Just, you know, do whatever you're doing Uh, that's the very sound advice, um Yeah, yeah, I mean it just seems like a you know in the academy we just It it felt like there was kind of a little shift here from you know marking up charts kind of you know order flow content and phenomena and then turning that into um You know something a little more filtered And then then you're getting into your checklist And then you know exactly what you're looking for And you know what it looks like too and you're matching the two together Um, and it seemed like it started to resonate with people And uh, that's why I brought it up because it was really great to see because before you had a lot of stuff on your chart And this is a lot cleaner. Um, then Uh, I don't know like a few months ago so Yeah, I appreciate that comment. I'd say it's kind of the You know, I've been trading for feels like seven lifetimes at this point, but I was new to book map so as you would Suggest or recommend it's like at the beginning. I'm trying to drink from a fire hose and I want to mark up everything so that when I go back It's all there. I'm still seeing a lot of stuff that I'm no longer putting on there for Uh, I'd guess some of it's to tailor it to the academy and what you guys have recommended. Um, but it's also Becoming subconscious what I'm looking for on book map. So it's it's not as I'm not processing as much Myself so there's no need to To put it up there. Um, but yeah, I appreciate that that comment. I think that's a Predictable journey for somebody who's uh Learning a new platform Yeah, yeah, absolutely. No, it's great stuff and I don't know if you go go through your checklist here Walk us through the the trade and uh, uh, what you what you look for You know, I spent the better part of the last year and a half trading 99 of my trades were es and so this this is Evolved for the nasdaq. Um Which crash got me on? Um, which It's great. So enthusiasm It's very objective if there's not a very recent 25 point or more move And I could probably adjust that to 50 points at this Point but then there's no enthusiasm. So why are you trading if there's no movement? So that's like the very mo that's almost the first criteria for any setup that I ever looked for if it's not moving And Go for a walk. So enthusiasm is very objective 25 points or more Um exhaustion. I know um in the book map glossary. There's there's there's a definition I've had my own definition of exhaustion from other things for years and I'm looking uh things for exhaustion off of book map are very specifically extremes on the sub chart um Increasing size of volume dots Uh, and then there's a price action component also where the waves, you know, clearly this was coming from This was coming down into my pattern and the waves The the consecutive waves down got smaller and less enthusiastic with less volume So that would qualify as exhaustion for me now failure and exhaustion kind of overlap These these waves down the the third fifth and seventh wave Are exhaustive waves to me and I would qualify that as failure to continue lower Um, and then the holy grail is that seventh one that failed to break the fifth one So you get a little micro higher low with a little sub chart many divergence there um And in general after I've seen two or three waves of failure. So like the third and the fifth wave The Wave six up Say it's 10 points I'm gonna I've got a limit order sitting there on my chart Once I see that wave six up say it's 10 points. I'm gonna drag it to the 50 percent of wave six So that's how I'm managing my entries because this happens so fast sometimes Um, and I don't want to enter once it's already broken out of the pattern I feel like that's where people who I might want to sell it back to are entering and I'm trying to get in inside the pattern Um, so that's my mechanics for entry But first, you know 25 points and then I got to see some exhaustion and failure and none of this matters So there's two very very objective things Enthusiasm is a very clearly 25 point or more move and then levels are very clear It's open high low closed liquidity zones. That's 100 percent objective So there's there's two nuancey things sandwiched in between two very very very Objective things none of what I just said matters if there's not some level to trade off both So, you know, I don't care What system or setup you're trying to trade if it's not moving Go for a walk and if there's no level You're just throwing a dart And I can't I don't handle losers very well so You know, I'm always looking to try to take whatever I can get or slide in a break even stop as soon as I can So I focused on a number I kind of stole this from the Norden method stuff I redid my stats and it's win plus break even rate not win rate that matters to me And as long as my win plus break even rate is above literally 80 percent I can you know sleep at night if it starts drifting below 80 percent I'm uneasy all right great great stuff. So uh, uh, yeah, no, I mean the the exhaustion, um, uh, you know, your your definition is, um, it's fine like, uh, uh, technically, you know We're looking at kind of, you know, much smaller structures But over this kind of period here on the move down You're just not getting a lot of selling And that you can see it in your cvd like starting starting to pick up You can see these pockets of buying in here starting to pick up and then There's just there's a little bit of selling here. It starts to wane in here a little bit. It really starts to wane here And then you're seeing this, you know, finally more and more buyers and then just too much pressure but Yeah, no, I know a lot of traders that kind of looking at a little bit higher time frame A different definition of exhaustion, which is which is great So the other the other thing I would note to this is, um, anybody who's been You know, at least attempted to trade for longer than six months has been taught some version of an opening Gap trade, you know, new york open new york close and Anytime I see a drop or an enthusiasm An enthusiastic drop or impulse up I'm gonna handle that the same way I would On a new york opening gap So I want to see it fail on either side of that gap and then try to make a run to the middle of the gap Or all the way through the other side. I'm not normally going to be holding on to it Beyond the mid gap, uh, because I'm not interested in pullbacks. So Yeah, yeah, you know the very basics of this is just a traditional gap trade Yeah, nice nice Um, all right. Well, let's let's move on to like something else in here I mean, you know, then you I mean you've got the same setup in a lot of cases in here um Boy, I don't know which which one you kind of prefer to go over Um, there's a lot of stuff on your charts. Um, yeah, okay. If you look at that one this one here Yeah, so Just uh, I can again just cut me off if I'm being too, um verbose, but I have I have my own version of vpi that I've had for years now. Um It's donkey delta that a buddy of mine and I coded um And it's you know, the algorithms of course probably different. Um But we're attempting to do the same thing. It's delta percentage or vpi. That's what you see at the very bottom I won't spend much time on that because that's kind of my own thing But uh, I think this is a good chart to look at because you can see Uh, some people are are scaling out to book profits I I scale out because I don't want any like I'm de-risking. I don't consider it a way to make more money I consider it a way to not lose money so I anytime I start getting a little antsy I start Pulling some of my take profits And hoping they get hit Um, and you can kind of see if you could imagine the emotions behind This once it starts working So it makes it all the way to my 50 target, which was the 50 retrace of the drop And then it immediately rejects off of that the second that happens The second it rejects off of that dash yellow line after I've been proven right very quickly I'm I'm thinking oh, what an idiot. Why did I not take this off right here? I could have booked my 15 points and you know Left the computer So it comes back about almost 10 points against me There's almost a zero percent chance that I'm gonna hold on to the whole thing The next time it gets up to that retrace and I've already moved my stop to break even at that point. So um I wouldn't want anybody to ever think that this is It's easy to perceive on a static chart But there's there's not much time to make a decision. So you have to know the setup inside and out Some people go the the journey of um, lots of setups and get good at all of them I'm kind of a Hyper focused guy. I like to focus on one thing and know every single detail about it and not try to do too Many tricks. I know other tricks and sometimes my trades turn into those but If I've hit target and didn't take it it's coming off as soon as I can get it back up there um So I'd say that and then in the black and red box This would be for anybody who's trying to learn how to use the sub chart If you get a good one the ideal situation is that you would ride The sub chart lines from one extreme to the other um And if I were more disciplined or more patient with that I believe this particular trade went up another I don't know 40 points if I had just waited for Even just price change which tends to move the fastest to get all the way to a green spike If I had just waited for that, that's another 33 points without much heat. So You know from one extreme to the other almost the same way You know stochastics would have worked 15 years ago, but it doesn't work like that anymore You know from overbought to oversold kind of crap from stochastics. It actually works with the sub chart So That would be a best practices thing Yeah, yeah, I mean it's it's tricky. Um in a sense because like uh, I mean here, uh, you know your your entry down Down in here, uh, and you nailed it Uh and uh the um And you know, you got your 50 retracement line. It comes right up to you got some structure here as well This is kind of where it dropped from Uh, and and you know, you take your partial profit in here And then what you were what you're talking about though is like this initial move here Uh, a lot of times on the smaller time frame, it looked, you know, it did its move And then it turns into a higher time frame Uh, right trade and you're kind of like Unfocused or at least I I find like like unfocused and I'm not quite ready for that sometimes Uh, and uh, and then you know, you're like, oh man, that was the biggest opportunity and I missed it, you know Um, but I I got what I wanted. I got my setup and that was it Uh, but I I got to be kind of aware of the higher time frame Traders starting to come in because now they're they're kind of waking up to this um And then now, you know, they're looking for some something A little bit more and then like let's let's suppose it just for example Like, you know, let's say it's a trend line here And then it starts to break here on a huge volume, you know, right and then you're just like, oh man You know, I wasn't I was focused on This setup here, you know But yeah, yeah, I I hear you, you know I I know a guy I I pop into to crash his discord from time to time. I know a guy that's generally Probably lagging in where I'm exiting my whole position pretty often. Um, you know, I would say after several years and banging my head on a lot of different walls my strength Has evolved into Pretty good entries the little bitty losers. I don't like them, but they don't ruin my day um So my strength is finding good entries So whatever it gives me I take it and if this entry if you actually scroll down to my my charts on the bottom It looks pretty fancy on book map, but you can see on the chart on the left, which is uh, I think it's a At least relative to the time frames that I'm looking at this is a hundred second chart. So that's three bars per five minute candle um You can kind of see that it was like Not the world's hardest entry Like it had already shown its hand. It it popped up and then dropped again so it's it's almost like a An order block kind of entry, but I'm prepared for that um and then if you look at my version of Of delta percentage on that hundred second chart These two spikes below the the green line that I have on the on the red part of the sub chart there or the lower study Kind of showed me that the the bears would run out of gas Over here. I'm sorry on the on the left on the left. Okay. Yeah, you see where it says this says I can look for a long entry Yeah, okay, so those two red bars that spike below kind of the the bearish mean told me that The bears had probably lost the ball for a little bit and I'm looking for an entry anywhere in that opaque box And that's the same box that was on book map. It's adjusted a little further down but So the inch I've got a limit order sitting there for I don't know 10 minutes And then finally I see the price action start to fail there again. So I'm ready to go Yeah, yeah Yeah, nice. Nice. Yeah, I mean, yeah, I don't know what you're looking at here in your sub chart, but uh I mean just tons of selling tons of selling tons of selling and there's your flip. Yeah Yeah, exactly. So you can think of that as the same thing as a as vpi kind of I've got some other stuff involved in that but yeah, it's um Yeah, that's it. Nice. Nice excellent, um, so, uh, uh, let's see, um, uh, I think, uh If you don't mind a donkey will move on with some of stan stuff It's already over an hour Yes, um, so, you know, there's really not much to talk about mine I post the same thing every time I post a tree because this is what I look for every tree Yeah, no, I mean, it's like you said, I mean here it is again, uh, right here, uh, and uh back on march 1st and uh, beauty, you know, uh Here's your reversal pattern up here, uh, you know, and your wedge rising, uh wedge here, uh, and then, uh You got the you got the fall here. Um, so, uh, uh, yeah, I really like it like, uh, uh, You know crash had talked about this. This is what is such Such a great thing about like, you know talking to different traders crash has a quiver, uh, of like five different setups or something You're a master of one Uh, and you know exactly, you know all the nuances of what you're looking for, uh, within your trade Uh, so, uh, whatever makes you money Yeah, so And I'll shut up after this one statement. So this is a really good follow-up on the enthusiasm if anybody dives into this one like I Rationalize and justified enthusiasm or this you can clearly just see from the price action that this is a slow grind up That doesn't really qualify as enthusiasm for me So this trade that i'm entering Is probably not a great trade for me because it's there's no excitement and I want excitement Because I don't feel like staying in it for longer than three minutes if I don't have to Yeah, yeah Yeah, good point. I mean like the volume starts to pick up on it, uh, but it is it is a grind, uh, as you said Yeah, this is this is the excitement here actually Yeah It got excited because of me Excellent excellent. Thank you donkey All right, let me uh, let's move on here and uh Stan you are up. Uh, so, uh, let me uh, let me get your uh, Notion up here. Hold on perfect And uh, thanks. Thanks for it for uh hanging in there, um, and uh, yeah, I've kind of, uh, lost a little control in the time management. Um But uh, let's jump in Oops, I hope you can hear me well. Yes Okay, good. Yeah, that was a ton of good information Oh, perfect. I will start with uh, rubbed. I don't know if Yep, I'm here Amazing. So yeah, thanks for uh, the recurring posting. Uh, that's a great job overall Uh, I like the way then you were looking at your checklist I think it was missing on your other slide like, uh, so there is the first picture and then just below it You have the second one. So on the first one, we can clearly see like you were looking for a specific setup On the second picture, uh, I think it's something that was missing So maybe more clarity will be, uh More helpful Yeah, so in case of Continuation, I think it would be great to have more context view like, uh, you clearly recognize like the consolidation But it will be maybe, uh Better to have Like to clearly see like the impulse move like the the behavior of the market like for example there You enter so I put the red circle the first one on the left So you clearly recognize like bigger dots coming in This one this one here stand or oh, yeah, that's okay. Yeah, but I think uh, you could Maybe wait for the other one Like on the right side You maybe do not have, uh, the same relative volume, but overall you can clearly see like bias trying to move Away from the consolidation Plus your liquidity, then I highlight in a blue rectangle And look for the flag pattern over there Like yeah, you you can see clearly like the impulse move with a lot of bias then Yeah, so start to lose conviction and then bias the backing Because so Yeah, where you enter the first one. So you stay, uh, yeah, just stupid trade just in your wits So you clearly stay in a major consolidation And your low volume pullback is maybe not as low As uh, yeah, so yeah, you graded, uh four a nice thing. Yeah That was that a real low volume pullback Uh, yeah, so you're saying that the the first trade during that big impulse was probably ill timed and it was better to get into Yeah, maybe the dark blue circles squares Yeah, exactly. And maybe a little bit after like, uh Yeah, waiting then bias really bring the price out structure like To really see the conviction to go maybe Yeah higher to explore higher So where would have been the more optimal like right at the top of that zone? So I would suggest so you can clearly see like the other impulse move. I think it's where you took you all your targets the The second red red cycle, right? Well, you you have your impulse move up there Okay, then You have like kind of small consolidation exhaustion. So you have clearly your impulse move into liquidity on the right side, bruce Yeah, just right No, yeah left The where again Yeah, the second red circle, uh, this one here Yeah, exactly. Yeah. So there you got your steep move into liquidity. Then you got your Exhaustion some liquidity showing up and then bias came back And I would potentially more looking at there to take along Like more the conviction of the bias to leave the price to explore higher Uh, yeah and take part of this behavior Oh interesting if so if you got in there, where would your stop loss be? So I would take Uh, in this case, I would so you got your exhaustion Yeah, yeah, very low conviction of the server. Yeah, exactly Over there. Yeah, and so I would look for the liquidity and just put it below it You know, like you're looking for a direct continuation if it's not going in your favor just cut it Oh, okay Interesting Yeah, I tend to play continuations as like a pullback. So I I look for some Yeah, some impulse move a pullback to liquidity Steps in defends the pullback and that's where I get in Yeah, exactly. And you can have a short stop plus And just take the move So yeah, that was for the first slide Then there is another one So for the second one, I have So you you haven't put any checklist. So I don't know what you were Especially looking for Like for example there, I don't know if you were just buying because for the front run liquidity or What you were exactly looking for But that's great for the second entry like you recognize the anomaly like the book flip The rejection of the seller so sellers got absorbed Then liquidity came back directly and various stepping So that's okay. But for the first entry, I'm wondering why you entered there Yeah, let me try to remember this trade. Sorry. I this is probably before I started really using the checklist And so that's really helped clarified my My my second. Okay. I see what the red circle is that Yeah, I think what I was doing was I was looking for a continuation setup here if I remember this trade correctly um I think what I didn't I think I foe mode into that first entry I The mark was moving kind of fast that day So when it pulled in I saw that liquidity on that first blue box And so I decided, you know, I kind of want to take a small partial entry here And see what happens because I didn't like that the liquidity was lower and then really get tested So I wanted to see it actually test And then I'll then I would enter in full size, which it did it did the liquidity the price dropped into it Transacted and then we got our impulse move out But I think the first entry was just like a little phone a little bit and just okay I'll take a small partial In case the market just runs away if it comes down and test that liquidity Then I'll take a second and go full size And my normal my normal size in in terms of a trade entry So I think that's what that's why I took a kind of a Early entry on that size a little bit of FOMO Just wanted to get a piece in case the market ran away from me Yeah Yeah, I think it's very important to take yeah to To give it attention to the other flow like really like the you can clearly see Enter firstly You had no bias Even if you had like this liquidity, uh, they were clearly no bias Yeah Yeah But yeah overall overall, that's a great job. Uh, I like the way like you were Making notation of your a pre-trade and post-trade So yeah, just You're doing it. I like the most important thing Me that will be obviously the behavior of the markets like trying to Catch the move and follow what the market is telling you Sounds good sounds good. Um in this trade specific, I know it's kind of like hindsight. Where would you Think the optimal entry would be So I wouldn't treat that Okay, I wouldn't take any one of those. Uh, maybe slow down boot, but I'm not sure if it's uh Spring as he would Define it. Uh, I'm more like flag pattern and looking for Yeah Continuation So I would potentially enter higher and when I so Yeah Anomalies in markets and I think it's very important as traders recognize those anomalies like the behavior the liquidity volume All of those can give you insights Uh, but I wouldn't enter in there. I would be interesting to see after You have a big spike in the relative volume with big dots trading into liquidity Then I would potentially look for uh, this Shallow pullback Plus this liquidity that shows up and potentially follow the move if bias step in Hmm. Okay So, yeah, I wouldn't enter at the low For sure Gotcha. Gotcha. Yeah, that's a completely different way that I kind of trade continuations But so what it would it say to say it's kind of more like you have like a momentum kind of You kind of that's what you're waiting for the like this momentum push. Yeah, exactly Yeah, that's uh, that's why I'm trying just to follow the What's market is telling you Got it. Okay. That's interesting. I'm gonna I'm gonna chew on that for a little bit and see See what I could how I can kind of augment my strategy a bit with that Yeah, so good. Thank you. You're posting you're doing great Thanks, I appreciate that Yeah, Rob Stand really really good feedback. Um, that's just excellent. I mean like There's a lot of momentum here to the downside and You know and a lot of volume here Uh, you know trading into high liquidity, that's great. That's really good at rob that you um You know, you're looking for that And and maybe yeah, like you said, maybe a little early on that but I have to I have to really compliment you here on the You're trading here and and you know, it it's you're vulnerable Uh, but this is where you can learn so much Um, you just got really good feedback from stan Um, and you can avoid all of this risk here Uh and where you're getting out is where you can actually consider getting in So you would avoid this in here and these would be your buys. Maybe up in here uh, and Uh, I don't know what you know, it's kind of small timeframe to to see here. Well, no, it's What's five minutes each each vertical dotted line, but Um, you know, it's looking pretty good that this is going to be your trap All this that this is going to be your trap volume Uh, and uh, and this is going to be your your stop run Or you're moved to the upside here in the momentum that stan was talking about um, so, uh, it is a lot to chew on but I really, um Really loved, uh, you know showing your trades in here, but we can give so much better feedback off of that Yeah, thanks. It's it's been a bit of a transition Using book map to actually trade through but it's it's actually once you get the hang of it. It's it's pretty smooth I love how easily you can move your your targets and your stop losses and just trail and It's it's pretty smooth. I'm not using, um The dom yet. I'm just just still trading off the chart, but Yeah, little baby steps, but yeah, thank you for that. I really appreciate and then that's that's excellent feedback So if I could just kind of touch upon it just so like I can take these notes Sorry to take I don't want to take up too much more time but So you wouldn't get in in that pullback because I guess I'm trying to play it too safe Maybe that's why I'm getting in down there because I'm putting my stops as you could see like right underneath that high liquidity But you would actually get you and stan would actually get in During that impulse move out and if it starts to just kind of roll back you would you would cut the trade As as seems what I'm understanding Yeah, I mean like, uh, you know, you've got your like stan was kind of Sorry san go ahead Yeah, just uh I maybe didn't get all what you say it. Could you just repeat it? Yeah, so I guess the question was and um I I guess the reason that I'm getting in in those areas is because it's kind of I'm playing it safe In a sense like I'm using that high liquidity as a buffer for my stop losses Um, but it seems like you and bruce were advocating or at least your strategies would be More of I'm gonna ride that liquidity and where I'm getting out you're getting in And just riding that momentum and if that momentum starts to wane and starts to pull back on you That's when you would cut the trade Yeah Look just in general Right now like your entry is right after a strong impulse move to the downside, right? So In the current context of what you have available There's nothing to say that where you're entering isn't the top of where you're entering And that's essentially the pullback for that downtrend and then you could end up Getting pushed and squeezed out to the bottom Right Where bruce and stan are more looking at is once it reaches that consolidation point, um, basically like Two minutes after you end up entering you can see that consolidation right there a break of that consolidation would be a much stronger entry However, you potentially have More risk on the table than where your entry is because I would still probably backstop my stop below that liquidity So if they're higher and I still use the same stop obviously my risk is Higher overall. However, there's there's a lot of different things you can use in that particular area If you're you're looking at es here and this is something crash mentioned You could use micro contracts if you only use like one es contractor two es contracts If you use four or five then you wouldn't necessarily need to you could just scale out And then go risk neutral, which is a lot of what I do So, yeah, I would I would enter once you got a break of that That consolidation pattern because you know when you see consolidation one specific thing, especially within book map There are traders trading at that area. The reason we are consolidating is because we're chopping around that viable area So if you reach that viable area and you're breaking out above it That's good confidence to trade and you can see the pullback right of the right hand side of where bruce drew that line It pulls right to the top of that consolidation So, I mean it provides a good backstop there and from there I would probably start raising my stops up which you end up doing in your in your trade anyway You can see it. Yeah, there it is right there So I would still follow the same techniques. I would just wait But I do have setups that are very similar to this and I just classify them as aggressive If I have other confluence and or I want to be aggressive for some reason I'm allowed to do that like that's that's part of some of the things that I'll trade So I don't necessarily think it's a bad entry. I just it wouldn't be my first line of entry personal And I think that's what stan and in bruce or say Oh, got it. Okay. That's clear. Yeah, thanks. Thanks There is nothing wrong with aggressive entries though. If if you're accounting for them Right go ahead bruce. Sorry about that Stan go ahead Ah, yeah, and just if you have a vetted stats if you already walk to these setups and you know what you are looking for, that's good Yeah, exactly Yeah overall, yeah I would echo that from from stan like he started off with the feedback of like a checklist So this would alleviate that FOMO potentially Uh, and you would wait Uh, because it's not uh meeting your criteria Uh, and in fact, I mean here you're you're actually adding more risk Now it worked out Yeah, the the more risk is where I would have that's where I would have entered as an aggressive trade The first entry I think is just a consolidation entry and that's just chop. Yeah injuring a chop is is dangerous Like it's just rough the um One thing though like, you know, and this is this is again part part of you know, what we're trying to do here in the academy I mean like crash if this was the nq Crash might have been getting in right right in here. Uh, and uh, he'd be looking for that volume, um Pressure in balance into high liquidity Uh, and he's like well, I'm looking he's anticipating this to unfold Uh, but he's he's he's got reduced risk down here being he's being very aggressive But he's also got his confluences. He's got high liquidity. He's trading Uh, you'd be looking at, you know, you cumulative volume delta as well Um, and he's got his volume, um Pressure in balance on market pulls Uh, and then he's he's just a a feeler though as a position Uh, and then he's getting in full position back up into here Uh, well, that's that's a good strategy So, uh, yeah, I mean lots of ways to slice and dice it but Uh, I think the safest way is like what stan was saying Wait have your your setup in your checklist and uh And look for that turn around Because it hit your high liquidity, but wait for that those buyers start to come in and get that impulse going the other way Got it Yeah, thank you coaches. I appreciate that. That's awesome Uh, let's see. Let's go over, um Uh, boy, I don't know guys. It's already an hour and a half. Um Yeah, no, we can do it like So, uh, yeah, I don't want to burn everybody out. Um, but we can give the um, uh the notion, um You know sheets to you guys But uh shark blue you are up here and then steven, uh, also Uh, and uh, you know some really great stuff in here steven with you know, you got your flag pattern and you're looking at it and I mean in your checklist in here. I this is just great. It's just great stuff. Um, So, uh, yeah, also shark blue. I can see uh, you know, you're looking at your your 123, uh, reversal As every time as of late It's great. Even if your trade wasn't covered live with the coaches They still provided feedback whether it's on your spreadsheets or in the notion files everybody should look at these files because Reviewing somebody else's trade is almost as good as reviewing your own stuff because you're going to gain insight into those things And if it is your trade that you're reviewing, you can read that feedback and then try to adjust to it just as if we were talking about it, so Definitely look at the files and take a look at them because this is the kind of content. You're not going to really get anywhere else so And in always have discussion if you have questions and stuff like that by all means ask questions Yeah, I I agree. I mean like uh, I just one last thing I want to say and I want to let you guys have the final word Uh, because I've been talking too much here, uh David jump in anytime, uh as well Just one more thing to to mention in here of like look at the feedback we can give like it's pretty pretty hard feedback Uh, but that we can give though because he because uh robed Took a position in here a few positions Now we can give not only feedback on the setup But we can also give feedback on trade management uh, and um This is it offers a much better layer of feedback and like I said, we have that new journaling tool that you guys can use and trading statistics, etc To take this a lot further. So use it uh and and trade from the chart In book map and we can you know, we can go into a lot more detail So I Anyway, uh, jack, uh, david stan, uh, you guys have any anything more, uh, that you wanted to add No, I've got a I've got another 30 minutes. I'm going to go up into the uh, the voice channel up above and if any Rob or ala You know, we want to open it up. Um, I think it it I don't know when you've been doing them jack. Uh, these, um Sessions, uh, is it is it after the market kind of You know, I try to do it. I try to do it during the at&t blackout and that kind of throw a wrench in things That was like a week ago or whatever and then we had my uh or two weeks ago and then we had the The book map, uh With a way that I needed to do so I had to probably that so I didn't get to it this this past week This week. I want to do it here. Um Thursday. I'd like to do it right after our meetings Um, and then I'd like to do it at lunchtime sometimes because lunch is really kind of open for me Because basically London closes and I sit sideways for a while. So it all depends on people there. But yeah, yep Okay, that's what that's what I'll try to do and I'll try to post when I'm gonna do something like that too. So As long as they're checking the channel regularly, they'll see it. Okay. Okay, excellent Uh, David, we'll we'll get you, uh No problem up to speed on uh on notion. Uh, it's really easy. Uh, but it's been working really well for us Uh, it was slow down that got us on this, uh Uh program here, but uh, we can zoom in and out a lot better Yeah, I know it'd be good to to be able to talk to them and so forth. But yeah, some fantastic charts here So well done everyone really really good to see Yeah, yeah, all right. Well, thanks everybody. Uh, and uh, we'll, um We'll hang out with uh, jack uh in the breakout room there the voice channel And uh, we'll see you. Uh, thanks everybody. Thanks all the coaches and and thanks for all the great feedback Or content you guys are are making. Um, I hope this is uh, really helping And uh, we'll we'll see you tomorrow in the all markets webinar I'll stay Okay, thank thank you everybody Just guys take care. Have a good evening. Thanks. Bye. Bye