 Now we're fine and welcome here to our Wednesday afternoon live webinar. My name is Oliver Spering and I'd like to welcome you to the YouTube and Discord channel of Bookmap. Since this is my second webinar only in English language, let me just introduce myself to you a few words so that you know who you're actually dealing with. You should see my screen now. This is Bookmap already. We're gonna get to this later. First, as I said, just some words on myself. My name is Oliver Spering. I am working as a professional trader since about 13 years now. I mainly trade the ES future, the gold and crude oil futures in the day trading context, and I also trade 30 futures in the swing trading context using options. Since three years, I am the CEO of my own company, which is called the Sparing FZCO here in Dubai. We are providing several online courses and educational programs in swing trading, investments, and of course also in day trading. So what are we planning to do today? First of all, we're gonna have a look at one of my screen recordings of one of the trades that I recently did within the week. As I said, I'm offering educational day trading programs and I'm used to screen record like each and every trade that I do myself on one of my own accounts. And one of these trades I also like to show here on the public streams, we're gonna have a look at how I use the software book map to find the trade, to actually open the trade, to manage the trade, and then finally to close it again. After that, we're gonna have a look at the questions that reached us within the last weeks. By the way, this is supposed to be an interactive webinar. So please feel free to use the chat function of YouTube and also of Discord. If you have any questions concerning trading in general, trading the futures markets, trading the stock markets, and how to use the software book map, please use the chat function and oh, hi Ilois, nice to see you. And I'll give my best to answer them here in the webinar. If you are not here live now in the room and you're gonna have a look at the recording later, you can use the comment section of the video or you can just write us an email to mail at sparring-academy.com. I'm collecting all questions. Let me just write this into the comments. So you've got my email address. There we go. And you can send me your questions and we're gonna have a look at those in upcoming streams. After we answered all of your questions, we're gonna jump right over to the market analysis. We are gonna use the market profile and the volume profile to make a short and brief market analysis in the S&P 500 future. We're gonna have a look at certain price areas, price locations that at least I think are very important today and where we can find good chances for trade entries. After that, we're gonna jump right over to book map and we're having a look at the ES opening, the opening of the stock markets, see if we got any trends going on, how the liquidity is provided, and where there are certain opportunities to find good trade entries during the regular trading hours today. Before we start, we're just gonna have a short look at the risk warning and disclaimer. Everything I'm telling you today for educational purposes only, trading futures is connected to a high risk and that's why each and every one of you should not just follow my lead and trade whatever Oliver told them to trade, but each and every one of you is responsible for his own trading decisions. All right. So let's have a look at our trade of the week. As I already said, this is a screen recording. This is not a live trading situation. I always screen record every one of my trades and I use a cutting software afterwards just to speed everything up a little bit so we don't have to have a look at 20 or 30 minute long trades here in our webinars, but we can see everything quickly and at a glance so I can show you what I actually did here. So this one is the second of three trades that I did in the ES future on, let me just make a short guess, it was on Monday. This was a Monday trade. So the first one you're already seeing here, this is already done. I entered long here. I hope you can see the small yellow rectangle down here and I did it the position up here at the view up. So just a few words on this trade. Market was coming down from a temporary downwards trend. It reached this gray zone. This is one of the levels that I defund within the frame of my morning analysis together with my customers. We're always meeting up at 8am European time to make this market analysis. We're including different factors like liquidity, volume market profiles, Fibonacci retracement, dealer hedging levels, gamma levels, banner levels, char levels, dark levels, very important factor and several other things and we are, this is the important thing. We are not moving any of these levels during the trading day. They remain as we define them in the morning session. So as I said, price is coming down from a temporary short trend, reached this level and it consolidated right here at the level. It also touched this bigger anchored view up here. This is the purplish line down here. And then finally, when it filled those two orders, the price, we can very well see how the price moved up followed by active buying. If you want a very important hint from my side, use book map, use the simple but very, very effective volume dot volume bubbles here in book map. As you can see, I have slightly different colors from what you're probably used to. Everything that is white on my screen are the active buyers and everything that is purple on my screen, not purple, sorry, it's teal, I would say. Those are the active sellers. Those are just the colors of my company branding. So I'm used to this. I hope you get along with that. So what we can see, there's a lot of active selling right down into this level. As soon as the liquidity here is filled, active buyers are coming in and we are seeing this very distinguished sweep, which is leaving this line here, line in the sand. And we are seeing how price stabilizes right above this level. And this is where I entered my first position. Market net flow was positive this day. So this is maybe a bit too deep for those webinars. This is just the option flow. I can see here if there are more calls bought or if there are more puts bought in the option markets, but that's a different topic. We won't get too deep into this today. So we had the sweep. We had this little breakout from the microstructure and this is where I entered my first position. And when I saw that there's a lot of resistance here right at the VWAP level, I exited the first position, but this is not even the trade that I wanted to talk about today. So my general direction that I wanted to trade in after this situation was still long. You see, there was a little news event here at 6 p.m. here in my Dubai time. It should be how many hours? It's always so complicated. We are here sitting in Dubai and I have to deal with my own times, obviously, while my customers are sitting in Germany. And I have to know about the German, the European, middle European time zone. And then, of course, there's the Eastern Standard time that I also have in mind. And when you guys switch your times from winter time to summer time, it always gets a bit confusing. Please go easy on me with that. 6 p.m. should be 10 a.m. in Eastern Standard time. Right. We had this news event. You can see how the liquidity of the market makers for a short moment left the book and then it came right back after the event without the price having moved too far. Instead, the price developed this small range here right between the view up of the whole session and between this liquidity level. This is very dark gray. I hope you can still see it on your screens. Yeah, it was right fluctuating between those two lines. And then finally, at the end of this consolidation phase, we see that there are a lot of buyers coming in here at the bid. And if this happens, if liquidity spontaneously comes in near the current price of the market, I would suggest you have a short and brief look at how the market reacts. Usually this is some kind of spoofing activity. It doesn't have to be better what the intention of the buyer or seller or the market participant in general is just wait a few seconds, have a look at how the market reacts, and then usually you're a lot wiser effort. So what happened right here, we can see that there are around 400 contracts coming in at the bid between 5,280 and 5,281 ish and the market reacted by going up above the VWAP right after that. We are seeing a lot of active buying. We are seeing how the market net flow continues to go up. There are more calls bought than there are put spot. And yeah, generally the buying activity was quite high during this phase here ever after this liquidity