 Okay, good morning everybody and welcome to the book map live trading webinar. This is Bruce at book map And this is the free education you get risk at map And so what you get is there's an education educational course online It's on YouTube. You can you'll see it in the playlist down below And then you can it's a four-part educational course And then we go through all of that course content here in the live market so you can put the pieces together We also offer live trading by two different traders. We'll actually three different traders We have a J trader a stocks trader on Wednesday Scott Polsini a futures trader on Thursday and then every day at 11 30 we have Tom B from the traders lab And he will go through how he trades us not live trading is live forward-looking analysis just like This webinar here right now So that's that's what we do And we do it every day pretty nice offering Covers all the bases for you. You've got the course You've got the analysis that goes through that same course content and then you have the live trading So that should be very helpful for you guys The volume is that should be pretty good in here Maybe you need to turn it up in YouTube But my my volume looks good here on my end All right. Anyway, let's let's jump in here and go through Live analysis general disclosures. I got to go through this quickly here Won't just take a minute here and then we're going to look right into the S&P E-mini and dive in deep All book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations Risk disclosure trading futures equities and digital currencies involves substantial risk of loss and it's not suitable for all investors Past performance is not necessarily indicative of future results. All right guys. Let's jump in. We had non-farm earlier today and Better than expected However, the That's good, I guess I don't really know if that's good or not It's good for the economy, but I don't know if it's good for our you know people I don't know if it's necessarily good for inflation the I did see we did see though a drop in the Average earnings though per person and then also the What do you call it the unemployment rate actually popped up a bit? so Anyway, a little bit mixed there on Exactly what's what's happening and we also just had the ISM services PMI purchasing manager index which was Less than expected by a bit So anyway, I Don't know seems kind of muted to me and taking a look at the S&P. We can see here's our non-farm guys We'll cover this if you if you like. I'm just I'm always fascinated by this if you really want to understand how these markets work Here's a great example right in front of us It stops it on either side curious. They're both the same amount 203 and 203 that's rather odd Coincidence or someone just really getting hurt on both sides Yikes Anyway Anyway, we'll we'll take a look at that in in just a second here What we're moving down we're trending down the Here's the 930 cash open And volatility still ensues here you can just see the move up and move down the move right back up And then we're right back in the middle now Okay, so not too much to go over but we will let's take a look at our higher time frame Okay, our daily chart over here guys. We've been looking at this And these levels here were drawn in. I don't know like months ago, I believe And we were looking for these zones in here to be important and you can see that they're still relevant and Nice move up spike up the other day and then back into the range Back up to the top again back down into the middle right now as you can see here around this 4130 area This is rhythmic our trader. It's just a simple very very simple Candlestick chart. This is the daily over here. This is the hourly in the middle again these these lines we drew up quite a while ago and And We can see the interaction up here in the in the hourly okay, so a drop down here and Boy right right in the middle. I mean not seeing much at all. All right it looking at the 15 minute chart here on the on the right hand side note that this is only only regular trading hours here, so you see the gaps and And you can see the gap from this morning here as well, so are we gonna fill that gap? Don't see it yet. I see some wicks in here on this 15 minute And it looks like we're starting an inch back up here though So this is getting kind of curious Maybe we can come back up into some of these areas in here And what we're going to be looking at in the in the higher time frame here are these levels here And these volume clusters or areas of consolidation you can see See them here. Let me get the pen tool out and the why we're going over the Higher time frame here is just to look at some important levels And then we're going to look at book map and the order flow around those levels Okay, so there's a cluster of Volume here a consolidation period and then it broke out Another cluster and then it broke out and then closed up here yesterday so Anyway, you can see we already have tested now twice that cluster Okay, this is important. It's important to understand how these markets work There's also a breakout down here Okay on the 15 minute chart beautiful double bottom pattern here move to the upside And this is where it broke out from Okay, we've retested that area in fact it went a bit lower here and retested another kind of cluster in here Okay, so we're just looking at these clusters. We're understanding and just kind of starting to kind of What block out areas of interest All right, so are we going to get a gap fill? Are we going to come back up and we're going to see buyers come in and to move this back up? We're going to stay in the middle of the range and hack around in here until Something gives and something breaks And well or we're going to come back down and where might we test again? We'll first off the lows here and then probably another cluster or You know, there's going to be like a low volume node in here And we don't we don't need volume profile to understand that we know there's going to be one in there Because look look how much traded at that area here So we'd be looking for maybe a retest back down into that area Possibility as well. So different different scenarios here. Okay, and right now not too much insight You know, maybe this 15 minute chart You know, we can see current price right here So maybe retesting the highs here and then we'll wait and see what it looks like up here If we can maybe get a potential breakout and then maybe test up into here or this cluster up into here Okay So different scenarios here. It's important to go through these scenarios Now we're going to look at the order flow To be in line with these scenarios and that's the edge Okay All right Any questions on that? If not, we'll move right along here No, no footprint charts in fact Con Bookmap is showing quite quite a bit more than a footprint chart quite quite a bit Here's why if we zoom in here. I will need to Okay, I got some latency spikes in here just a just a couple seconds in here. I don't know if you guys have that Interesting. I haven't seen this in a long long time I have not had any latency issues whatsoever with rhythmic Any anyone comment on that? Is anyone else having that issue here? Maybe it'll help to close a few instruments Let's try that You don't okay. Maybe maybe I just have too much Crypto data here. I'll close that one too Huh, okay All right, so it doesn't look like it's it looks like it's live to me I don't know if you guys have seen the same thing at the same time here No, I didn't I didn't I didn't buy a new computer or anything I shouldn't I shouldn't be having any issues whatsoever. Yeah, I guess I can close a few things in here Maybe maybe it was my Skype. That seemed to clear it up Okay, whatever whatever Anyway Let's let's jump in here and see what's going on. All right, so We were just looking for the kind of up move and yeah, and I can't relate that to the What I see here. Is this the is this the price you guys have you have 41 25? Yeah Yeah, okay. All right, so no no no issues then all right So a point of control is right here the most traded level It's a weird kind of point of control here due to primarily these transactions here at 930 right at the cash open Okay, I'm not sure if it's the broadcasting then if I'm if I'm a bit behind it I do not show any latency right now We we had problems with that in the past and but we've worked a lot on that To Because we know it's under we understand it's an issue here. Yeah, so I'm still getting these kind of weird latency spikes in here Hmm. All right. Anyway, we'll continue on Looks good to me as well. I don't see usually it's you know a Problem with the data being kind of dead but Anyway, yeah, here we go We're bouncing off a point of control here guys testing right back up into here. I would look for Up here. I'm looking for sellers to come right back in right at this level. This is where they dropped it from and This is where they're retesting it right where they dropped it from and we see this, you know all all the time And let's see if actually We did get a few sellers here now We're getting another retest back up here and and still having some buyers probing a Back up here to the previous point of control up here And they're still pushing here All right. I I kind of like it. Let's see if we can get our buyers See some buyers here not too many on this leg here Okay, so what let's see if we get another retest back up here and see our buyers Then I'm looking for 35 and maybe we'll get up to 41 40 as well lots of liquidity up there A previous point of control is right here at 35 as well So it looks like a good area for buyers to try to try to retest this area here Yeah, I don't I really don't see too much commitment right now Nor in the order book as well We're just kind of hacking around in here Okay, so that's what that's will give us a distinction in here. Here we go. All right, so look at the order book now See I'm pulling here see the buyers here. Yes I am looking for these sub these buyers here to try to push it back up into 35 here and now We saw some support in here in the order book looking for it again here They go let's see if we get our buyers here And if we do the likelihood for a breakout if we get our buyers up here the likelihood for the breakout is much higher Okay, the order book is looking good here underneath see that see the buyers. We should get a move higher here Okay, just based on order flow It is the order flow that is giving us this insight in here and we're just reading it We're reading what the order flow is telling us. They're pulling on the offer. They're adding on the bid We're finding buyers at the top of the range. We're looking for the move to continue here to the upside Okay, we've already hit our 35 target. We're looking for 40 Okay, is the next area here market seems to be moving. Okay, it moves from one area of consolidation up to another level and then Likely looking for a consolidation up at another level All right, you can see we're coming right the sellers are coming right back down and retesting right where they broke out from here This is another reason why you Want to protect yourself for this? Okay, and now other side of the range in fact Okay, and then looking for them to push it even further here and looking for a stop run down here And we have a hundred and seventeen here. You can see that the filter I have on here is not really showing it but See I see a hundred and seventeen right here. It's a kind of Transparent about 50% and then 37 here. Oh, thank you guys Alec you're answering the toss question in there. Excellent. Oh, yeah Con we can get we can get the we can get gold up as well Good morning, Bob Jose Okay, Rob, you're looking at the mid 41 25 Yeah, I can explain Jose why my V WAP and POC does not match yours because of the I have it reset at 930 cash open Okay, in fact, let's just go to it here. I'll right click on it here and then go to V WAP settings Okay, and then here is where I have it reset here 930 cash open and That's not the correct V WAP All right, but I don't have data going back From you know yesterday at at 6 6 p.m. East Coast time Hey, POC as well My POC actually I don't think it is reset right now. I mean, let me double check Yeah, there's no reset on the on the POC right now So my POC is likely gonna be different than yours It depends usually at 930 cash open like so so much more volume in here will dramatically change You know everything else that came before it It's like a You know dropping the bucket before and then a huge bucket here So typically it's the POC is pretty similar I would have to reset it here and I can do that in the column In fact, I can have two POCs if you guys like and then in here you would just hit the reset value Okay, and then I would schedule it At session start 930 That should be it right there Okay, yeah, so if you do that it should be at 41 25 Which Rob said is also the mid from yesterday guys pretty Random action in here We read this little breakout in here now I just wanted I want to talk about it because We don't know if it's gonna come up and trade back up into 41 40 or Or 41 up here or 42, you know something like that. We don't know that Right. We're looking for it. It could it could have done it here. It didn't Okay, we were just looking for the move to here to begin with so at at 41 35 Right. Well, here's what happened It went above and went into above this swing here and into this cluster up here And hit some stops up there Okay, so if we zoom in here, we can see the kind of breakdown in it it hit stops along the way but If I look at if I zoom out it kind of aggregates it into 46 as you can see up there Hey, but that's you know, there was many stops hit along the way Now why I'm going over that is Looking for In integrating trade management within this here and we read the order flow And you know, it it panned out the way we read it Trying to be very objective about the read and and got a nice little little move here You know, it's not not very big move, but you know, that's what we're here for is to read these things these things in real time Now trade management And setups this is something where you know, we don't recommend trades in here We go through many different trade Strategies and setups and that this is for your consideration Okay, so one would be to Look for that move and then you know, this is something that I like to do in fact is I'd like to just jump in here when I'm reading it And I'm looking for that that move to unfold. I place a target here And then take off some of my position Sometimes all my position and and then Hold the rest maybe for 40 up here. I move my stop to break even at that point I'm looking for this and that my reasoning here is I'm looking for this to move right now If the if if the order flow is correct, then we'd be looking for we're gonna get pullbacks But maybe a pullback to about here 35 and then continuation up into 40 And well, we know what happened We we came up here and we had equal amount of sellers almost equal amount of sellers or maybe even more Yeah, maybe even more sellers come back down and retest this area I So very random Kind of move here buyers on the breakout sellers come right back in and then we can see what happened here Hey, the buyers came back in again And then have we traded to 40 yet? No, no, we got just shy of a 40 came up to about 39 and a quarter here And then all the way back down Basically bouncing off of this cluster and it happens to be point of control and it happens to be the mid according to Rob And now we're back up into the middle of the range again All right. All right. Well, let's see if buyers can then take it again once again back up into here 40 All right, this is seems to be what's going on in here today Let's take a look at some structure though Hey, maybe 36 if we look at a trend, maybe a trend is starting to Evolve here. I don't quite see it here So what but we do have a trend line here, right? So I don't if I don't see it making a higher low in here then You know, I'm looking for maybe not that that trend line Maybe just kind of the top of the range or maybe just a little bit lower in the In the range in here. Okay as maybe a potential target now You see how I'm using in in this case, you know looking at market structure and then Developing kind of a trading plan around market structure All right. So in the structure in here, maybe it's a little too lofty of an idea to look for 40 right now Even though that's where the liquidity is Okay. All right. Thanks, Rob. We got another we got a speaker here. We got brainered speaking at and Biden at 730 East West Coast, but 1030 here so in another five minutes but there's I Mean the read here in this order flow is basically It's pretty equal on all sides. So just you know random randomness here Hitting hitting some of these extremes Hitting some stops coming back into the middle going to the other side of the range, etc I just don't see anything else happening in here right now Okay, but you can use that to your advantage as well. Okay, who who's in control in this? Who would you say maybe maybe a slight nod to the To the sellers in here. I mean we're making lower highs in here Okay, it did make some lower those in here and it seems to be quite a bit of red In here, but there's equal amount of buying also in these areas in here right, so again market structure and And then volume within that structure right now we add the third element, which is the auction Within that structure and well, there's high liquidity up here is high liquidity at 41 40 and then also down here at 41 23 and then 41 20 Okay, most traded level for the day or at least for cash session is right here 41 25 now is building out another one right here though So we're probably going to get a move right back up. You will see the poc kind of jump back up here And right right where I have my view app as well So anyway, you can see what I'm doing I are alluding to here in terms of like we don't know who's in control here But these are nice swings though. These are like 10 point swings And you know, you can look at a trading strategy within that that's where you need to do your due diligence though and so maybe You know would you have gotten involved in here? I I certainly wouldn't have I would have waited for the top of the edge here or maybe to to trade into this liquidity And although even though it is making lower highs in here This would not be something I would get get involved in And but you can look at some of these ranges in here Uh, and if you don't see like really really someone kind of taking control Well, that randomness is likely going to continue now if you do see someone taking control in here Okay, then that's something else like right now. All right, well, we're starting to get some buyers Well, let's see if they can trade right back up to 35 again And this this is not high probability Okay, but we're just kind of assuming that here There just seems to be a randomness to the The market at the moment You see that that idea is not working out And this is why I don't like it To be honest, okay. All right bottom kind of bottom of the range here. This is another thing I just don't like about it. Um Is is it really the bottom of the range? No, this is the bottom of the range down here All right, so Instead like I was kind of mentioning I like to look at in this case here I was looking kind of like a like a bull flag in essence like Buyers take control or in this move Looking for buyers in here making higher lows and in higher highs in here And looking for buyers up here Looking for the order book to shift it did we got our buyers. We're looking for it All right, and You know the order flow gave us some insight to that Okay, here is more just kind of randomness All right, here we go actually uh now now we got some sellers coming in Okay Now are they going to move it here? They'd be very careful here. In fact I'm I really like the idea here of trying to get buyers back up above it and then come back up not only to 32 now we can look for the other side of the range 26 we can look for 40 now if we get our buyers in here Okay, what about the order book is the order book helping us here not really a little bit a little bit It's a trade idea that this is where the volume Came in and the sellers and the point move in here from 25 down to about 23. It's not much It's only a few points And when we look for someone to move the market away from An area of consolidation we want to see Uh a strong move with strong volume now. This is looking much better now. We're looking for 20 Okay, this idea trying to get buyers back up above here Uh isn't isn't panning out. We got our sellers back down here We're looking for it to break into 20 and test into that liquidity here Okay, that's an easier read If we had enough buyers up here and we had some We didn't really have much in the order book to help though All right, so then uh, then we see the sellers come rolling back in again Uh, and uh now they've broken it and uh, yeah looking for them to trade into 20 here Okay, one tick away from it One tick away. No, I actually eight eight contracts traded down there That was it though There we go. There's 20. All right. Let's see. Can they can they continue here? Yeah, I just I just don't don't really like it I'd like to see very strong move and then look for that continuation that we're looking for 15 here In fact, we can look we can go back to that same idea here Like the move to 20 Was I think pretty strong. We can go through this next scenario though. Look at these buyers come back in Let's see. Do we get our buyers up here? Starting to they're really there they go Okay What about the order book? It's not really helping us much Okay, the nice liquidity here at 30 Yeah, there's a little bit in the order book right there. Let's see what the reaction is to that And it's not much. I don't don't like it. There's some exhaustion On the buy side looking for sellers to maybe try to drive it a little bit lower here 24 And maybe maybe even back down to 22 And that cluster down in here due to this exhaustion right there and then sellers coming in Now we only got to 25. That was it Back up again Just not looking high probability yet again it You know, we can we can look for that scenario here to unfold but Uh, I just don't see anything in here that gives us Uh, something to lean on right now Okay, some vol we want to see more volume than this. We want to see the order book support this idea as well Just like we did earlier on that move to 35 Okay, here we come back up again now probing up here Okay at 29 What about the order book? All right starting to get kind of blue underneath here All right, let's see if we get our buyers. Let's see if they pull it At 30 I want to see that as well and I want to see our buyers. Then I think we can get our breakout here Structure looks pretty good Okay, you can see this kind of wedge ascending wedge here Okay, classic s and p. Let's get another rotation and see if we can get back up here There we go. All right. Let's see the order book not really much a little bit Okay, another rotation though And do we get buyers up here? No, we didn't we didn't Yep, so Maybe we'll get another rotation back up here. But um, yeah, I don't I don't see in fact they exhausted out up here So there's no buying at the top of the range makes sense. We're back in the middle of the range. Okay, here we go Now this looks better buying the volume looks better. Does the order book help us here? Nope Not really So we don't have all the pieces Okay, another rotation and did the did these guys at at 30 pull? No, they didn't either Yeah, captain fries. Maybe yeah, you're you're waiting for the news. I mean like, uh, yeah, we don't know what the you know When when there's a speaker, we don't know what they're gonna say Market doesn't know what they're gonna say And uh, yeah, we're just our job in here is to read the order flow. Uh, you know, we can mix in You know geopolitical events, etc But uh, what we need to do here is read the order flow That's why I'm going through it Okay, and we'll do it when it doesn't look good. It looks bad. Whatever it is If if it doesn't look good on a higher time frame, we'll look at the smaller time frame We'll cover many different things in here Right, so then you can then you can take all of that and and uh integrate it within, uh, your trading plans No, yeah, josh, you cannot add stops and icebergs um On the thinkorswim they they don't offer Market by order data Okay, they're they're connecting to dxv data And we connect we can connect to it as well However, um, there's uh Dxv does not offer the market by order data. Therefore you can't get the stops and icebergs. It's only rhythmic All right, guys, we're starting to get the move to the other side though The sellers are coming in we're we were looking for that potential breakout. We just didn't see it uh, and I I kind of um, uh, was Reading some of the questions here and missed this move here to the downside um This again would have been a kind of a a tough read. I mean good good to see the selling coming in here Okay, the order book helping a bit Uh, and let's just zoom out. Okay, so all right. Well, let's get back down to 15 here Okay, so now this move is a little different here pretty strong from 25 to 18 Look at the selling pretty consistent looking for continuation Okay, I want to see 15 now hit Order book looks good too. See how they they were here on the bid at 20 now They flipped and they're on the offer here now. They're pretty fickle You can see they just pulled and then they add back in but still it's it's telling us something. This is telling us something Okay, now we got buyers down here. We don't want to see that We want to see sellers here Uh, but we're still at the bottom edge here So these buyers here will they'll become sellers real quick if we can get down into 15 and and maybe even 10 at that point All right, so any anyone buying in here is going to be compelled to sell below it most likely The the weaker hands, uh, basically we'll have to flip Okay, still lots of buying actually coming in here. So this is kind of interesting Could could be a move right back to uh point of control here at 25 And I don't see it yet. I'm still going with the downside until we see a structural break Right here at 19 we can see there was no structural break Okay, can everyone's everyone see that Guys, I know that a lot of this is very repetitive, but can can you guys see that in here? If you can just give me a like a confirmation on this because uh, right right in here You know, did we break this structure? We see lots of buying it looks good Right, but they're not able to get any traction And they're not moving the market. They're buying but they're not moving the market Right, so we look for this here to be compelled to be sellers for the move lower and then get our stop run Beautiful so 15 and then we're then we're looking for not only 15 because of these buyers in here We're not only looking for 15. We're looking for 10 Okay And uh, yeah, yeah, that's uh another another one to to look for in here. Uh, captain price not only 10 We're getting pretty close to the figure And it was 10 points more than 10 points away And uh, uh, they got to get through 41 10 then there's there's o2 and then there's 4100 All right. Anyway, this concept here. I know it sounds so simple But this will keep you in trades and keep you in your trade idea Stick with the trend until you start to see the structure break Okay, structure is so important to understand and then there's the order flow within that structure And does everyone know what I mean by structure? Okay, so now we're trading 10. That's what we're looking for and we're still we're still looking for lower here Yeah, every stop run. Oh captain price. I I every stop run met with a little bit of, um, uh icebergs Um, and uh, yeah true. Um, and also some stops too Okay, now this is what I want to cover this. This is a really important thing to understand and then we'll maybe even kind of Step back and take a look at the the non-farm event. There's it's it's pretty good Uh today in the order flow But uh, look the the look at this though the point here is um Where are the big? Stops taking place Okay, they're to the downside. They're not not taking place to the upside Okay, the icebergs we we'll talk about that in a minute. Um, uh, but that's that's a little more complex Okay, but the market probes For for it is here to facilitate trade And it is orders that facilitates the trades Where people are compelled to trade? Uh, is where the market will go And that's people that are usually uh, typically, um losing That's not always true, but Anyway, we're you're compelled to trade and exit a position Your hand is forced Okay, or maybe there's a margin call Uh, you know, you have a stop run Uh, and uh, if it can if the market continues to find stops It will continue to go Now if it trades down into these areas now, this isn't like a hundred percent, you know strategy or any, uh, You know something is something to Consider again like it's it's something you need to study uh And I want to show this with the uh liquidation indicator in here and we can also take a look at the uh sweeps indicator here Okay, even in this move here, we are still bearish And now there's a smaller structure broken by buyers, but the bigger structure still in in contact or in um intact here Okay, so we're still looking for sellers Okay, still sell side All right, and we're looking for stops to be triggered down here And let's see if we get our move And now we can chop back up to here it can even come back up to here And the structure would still be in intact Okay around around, you know 14 and a half or so And now we'll see you know buyers are gonna probe now. Did we get on this move lower here? Did we get many stops? No Look look at it right here right It hit stops here it didn't hit here on the retest It is probing now to the other side Look for this behavior This is how the random you if you want to define a random walk in price. This is it Uh, this became much. I mean, I you know, I always thought this uh with stops Uh, we also have the sweeps indicator in here. I want to show you that uh in conjunction with stops Uh, however where this really was confirmed for me Uh, this kind of market behavior is with the liquidations indicator All right, so now here we we probed up here Hey, we found some that they found some up here. There's about 20 up here Okay, not bad. Did they find some here? No Does it make sense we have buyers here? Yes Does it make sense? They're going to try to probe it up into 14 and 15 here? Yes Where are we looking for stops up here? What do you guys think? Yes Okay Is that is that point clear? Okay, this is this is Really how how how these markets operate and understanding? Uh the volume in here, but not only the volume the actual the order types uh in here Yeah path of of of least resistance. Um, and uh Uh, yeah, I I I agree with with that. It just it's kind of like a pain meter Almost, it's like it just will probe and push And probe and push Um, and uh, yeah, thanks guys. I really appreciate that you guys are following along you you got this Uh, and uh, and you're looking for uh, uh this kind of behavior here Oh, yeah, I can barely see my um Uh iceberg so I'm gonna I'm gonna there's it's really I really like what these guys did With this transparency in here um If it doesn't meet my criteria, it still shows them but uh, uh, it will show them You know as you can see my criteria automatic threshold here on the uh stops is at 80 Right, so a stop has to be 80 not an aggregate An actual stop run uh will have to be 80 here and um, uh, that that's a little a little much right so you can you can put in and use this this transparency in here Or not, you know, uh, and uh, uh, a really really nice feature Okay, so I'm gonna I'm gonna bring it bring it back down to maybe I don't know 25 or so 30 Make it a little bit better to to read here All right, so see how it see how it found stops up here and just continues to grind higher It's finding buyers compelled buyers That were short This is this is a definition of a short squeeze And so we were looking for this move up into here right based off of Stops down here. That was the only read we did we didn't even look at the order flow within here We just looked at the order types within here And we're looking for just just the move to 15 and then uh, boy, I kind of veered away and then look at the move now Back here above 16 buyers above it looking great Now moves up to high liquidity up here Around 20 And which was something we were looking at earlier over here this cluster look at the structure here Look how this this here then look at the sellers below it And moving it and then the retest back to it and now they were on the bid here Now they're on the offer up here Some really nice stuff Anyway, let me let me just show you like uh, okay, so we I think the point is pretty clear here with the stops Let me know if you guys want me to go into more detail of it But uh, I want to show the liquidations indicator in here liquidation indicator Um This is for the crypto markets. Uh, we just released this indicator. It's part of global and global plus subscription Uh, and what you're looking at here, uh on in these little uh rectangles is actual liquidations from the Binance futures uh exchange for BTC USDT all right, so They're finding they're this is the most compelled traders of all They're forced by the exchange to exit their position due to margin lack of margin All right, so a margin call It's not not stops being hit here. They're just being margined out. That's exactly what this is showing here Which is amazing to me I keep keep saying that but I I really mean it Now look look what it did. Uh, we see 1.8 coins here. We can we can use this setting in here Which I like quite a bit Liquidation we can put it into the quote currency and look at the us dollars Okay, so 11,000 down here 16,000 here Okay, so these are pretty big All right, so uh now We don't we we see 44k up here quite quite a bit as well with a with a few Uh liquidations up here just just two events Let's just zoom in here Wow, they're both big 27k and 16k Okay, so it it liquidated some some shorts in here Hey, they were they the exchange closed them. Uh, their position was short and closed it by buying All right, so now the market is going to probably most likely I would look for it to It found it found liquidations here. There's probably more So let's see if the market can kind of randomly kind of come up here and find more And get maybe a short squeeze back up into maybe this liquidity at 29600 Okay, now look what happened here though So far now so far We had some here on the way up It retested here and didn't find any yet. I want to see it kind of squeeze a little bit higher here And I want to see it in this case There's you know, no one's really short in here yet. So I still want to see this squeeze a little bit higher And I want to see if it hits any liquidations up above here And that's what I'm looking for here Now if it doesn't hit any liquidations up here Then it probed it didn't find anything And I'm looking for sellers that I'm looking for the market to kind of rotate back down and try to probe the other side here Maybe it can find these buyers in here liquidated out down here someplace So it's probing it's testing Didn't find anything Okay, do we find mean reversion traders? Do we find the market start to probe and test the other side of the range here? I'd be looking for it right now. It's it tried Didn't find any I'm looking for sellers here. I want to see now. I want to see it within the structure though I want to see sellers here 29 4 30 or so Okay, beautiful exhaustion in here, but we're still up here exhaustion exhaustion exhaustion Okay, I'm just not seeing much anything though. There's even exhaustion on the on the bid here I'm looking for sellers here though on the on the hit the bid here. There they go All right, so a little bit starting to hit the bid. All right, great now Can they can they now I want to see them drive it back down? To 400 29 400 and then maybe this kind of 330 area down here, you know something like that that's the trade idea Due to the type of orders Or the type of action that is unfolding up here Okay, only only due to basically only due to liquidations Okay, and then this is that concept of understanding these markets and the kind of random walk This is no different than what we were talking about with stops Okay, we can also let me let me take the stops off of here or Maybe just add it together here. Maybe take icebergs off here for a moment Okay, and let me add the sweeps indicator here And I want to demo that Okay, this is a great indicator now the sweeps indicator works on all markets It's a part of global plus a subscription They added value in there All right, so sweeps now I have pretty big sweep here. Maybe I'll bring it down to three price levels Yeah, that's fine There's a multiplier in here Maybe I'll boost that up a little bit All right, so now can you guys see this in here this Magenta and kind of dark dark green and dark magenta color. Maybe I'll bring the heat map down There we go. So these are these this is the sweep indicator Okay, so these are sweeps to the downside here. So it's an order book sweep It's a sweep to the upside here. It's green Okay, the order type that is transacting here are our buys Okay, so it's a buy order book sweep from the buy side Hey, here's a small one to the sell side here. Okay looking for a nice one down here if we can get down here Oh, yeah, look looking for it in here Looking for a nice book sweep lower here Maybe we get down into about 14 or 15. That's that's what we're looking at earlier actually that 14 or 15 down here Okay, so that's that's what we're looking for here We're looking for it to probe into this this area down here Okay, and looking for our stops now what I what I want why I brought up the sweeps and there it is Okay, so it's it's it's making that point the point I wanted to make here um, we have stops here, okay, we know that The smaller smaller traders retail traders like ourselves We don't have large accounts deep pockets. We can't Average into positions We instead we take the stop All right, so it's hitting these these stops down here Uh, and and people are they're stopping out of there I know we don't know that could be you know by buys or a sell stop to enter We just know it's an we know it's a stop Order that is transacting here that that not much we know now here We're looking for a sweep a book sweep and and also a stop run And and and this exemplifies the the point Okay, we're looking for that at this area here So we we're looking for a stop run Uh, and that's a that's the sweep Okay, the or the the book sweep And then we're also looking for stops to be triggered. Uh in the same moment. Let's zoom into this little area in here Okay, and and and there it is there's there's the book sweep now the book sweep is uh, it says really really simple indicator All it is showing you is within 0.01 seconds Okay, it's up here and uh, you know, so one one hundredth of a second We're looking for, um Uh, at least and it's on automatic mode, uh, 31 Uh volume, uh to transact within this time frame over three price levels If so show me on the chart And then it did it here Okay, so there's one here for 13 then another for 10. There's a bunch of them in here Okay, as you can see we zoom in we get each one Uh, you can see it we zoom back out it aggregates it very nicely together All right, so that condition of met was met in here of the amount of time And then look at how that coincides with the stop run. Okay 11 here on the stop run So this proves Well, rather proves the point here That this is the behavior of the market people are getting stopped out at these extremes Uh, and we're getting not only a stop run, but we're getting a book sweep That coincides with a stop run and here it is 11 and 32 and that Is the same thing as what we're looking at over here in these liquidations same idea Okay, just a different way of showing the data and and very compelling data here Uh, uh to take a look at here All right, we look at the order book here in crypto right now. We see some a lot of stuff going on in here Uh, rather large players or large lot trackers picking that up as well So we we see, uh Don't know what their game is right now. This is layering in here very high liquidity. It looks like a spoof to me Uh, to be honest, uh, so I'd be looking for a 550 maybe to test or maybe even 600 up here Okay, so let's see if we get our buyers in here Yeah, see see how it did it again here. This is what we're looking for We were we kind of left off here and then we we saw this we saw exhaustion. It's like, okay Well, maybe let's let's see them push it down to the other side here They didn't get very far and they pushed the upside they found some more Here is where they didn't find any on the retest and we get the move back All right now we have something very different in here with the order book and the the order book is This is rather unique. So we're kind of watching that I'm still looking for Based on what we see here Uh I'd be looking for these buyers of around 29 500 Uh, and then try to hit it up into 550 and then 600 Okay, and then see more liquidation up here Uh in these areas All right, guys. Well, anyway, I hope I hope that point is clear points are clear and understanding like uh Stops sweeps and liquidations and how that relates to price action And these are not your typical Uh indicators whatsoever this is What's so exciting? Um is now as retail traders we have access to this kind of data Instead of looking at something like stochastics or rsi. Are you kidding me? This is objective data Uh, and it's very very Uh Transparent is showing levels that we just couldn't see before Or things we couldn't see before And that's that's an edge Okay, utilize that, you know build your trading plan Find something in here. All right. Let's see if we get we get in our sellers here Let's see if they can sweep it down into 41 10 here. It looks pretty good. I like it Um order book is uh, they're up a little bit higher here But we're getting our sellers in here and they're pulling on the offer. So I'm still looking for 11 then 10 and then maybe nine. This could be the bigger move As well. Let's take a look Okay, we're just looking for 10 for now Uh, and then let's see if we can get down into the figure here I think that's what captain price and some other guys you guys are looking for that the figure down here Yeah, meet me too. I mean this looks pretty good Is this going to be the move that we don't know? And we're just looking for 10 for right now. It looks like it's already transacted into it No, not one transacted into it just 51 above it one tick above it Yeah, Pluto like uh, yeah, it's it's pretty nice. It's pretty nice to see this kind of stuff. Um, and how I mean, I just To me this makes so much sense like we're looking at Very objective information here compared to like You know the way he used to trade maybe 20 years ago 10 years ago You know, we're we're looking at uh, uh, some sort of derivative Um, and some sort of oscillator in the sub chart That's it It's like and that just that's even more random And we're trying to make decisions off of that Look at these buyers up here. This is this is really interesting. Um, now Look at these buyers in here. It looks good. It looks pretty good buying, you know, but did they break any structure? No, they did not Now they may if we get buyers back up here and then we can get our squeeze I don't see it though right now Right. I'm I'm still looking for sellers down here around 11 and then the move and it could be a nice move 10 And we can get down to the figure after something after buying like this. See that order flow And volume within the structure here Okay, so we're still sticking with the downside Now let's see if we get follow through we're getting our move. We're looking for follow through though Okay, structure still not broken Now even structure can break But it has to fail the breakout has to fail Hey order book here at 12 Uh, they're showing on the offer. We're getting our move. There's 10 Uh, and looking for it just to continue on here. Oh six. Oh three Uh And the figure here. Oh, this is nice. This is nice Now it's only been three points here from 10 down to seven Okay, that's kind of the range here where it could get upended If we get buyers back up above 10 Right. It's usually when it starts to go four or five points Then we look for that continuation Okay, and we're still sticking with the downside. We're just just noting that though Like we look for the strong move and strong volume and we're getting it. We're getting it So looking for continuation here buyers A little bit of retracement here SPX also stumping stumbling stumping. I don't know Dumping got you. Okay Yeah, be careful. I mean This is this. I mean the move is to the downside Uh And we're sticking with it until we see something different Uh structure raking volume starting to shift order book starting to shift None of that's happening so far. So we we stick with it, but you know, we we we could get um A quick kind of snap Away and then and then get a squeeze back up and retest some of these areas up here Just like we're talking about earlier testing probing some of those areas. Are there buyers? Uh, are these sellers turning into buyers on the other side here? Yeah, see how look look at this guy. See we we get so much from this Here from the order book very high liquidity And uh, they're staying in the book and getting filled here. They're they're um Uh, I don't know. How much was it in here? Let's just use the data tip tool 400 in here. Uh, they did not get filled And they polled uh only 43 of their contracts got filled. So that's a spoof Most likely now actually that's not technically right Um, it is not a spoof. They they they transacted some That's how they get away with it. I think that that's so my opinion Okay, Pluto. It looks like I I didn't get you get to your Looks like a chop test on the es. Um, yeah, we're getting we're getting some follow-through though now Matt you can't wait for crypto to go to zero. So we can start wasting any time talking about and get back to the real stocks. Um Yeah, I mean for me, this is just a game changer really this this now I'm really intrigued in crypto Due to this liquidation indicator I mean, you know with the stops is which it was Unbelievable transparency and the sweeps, uh, you know very very good as well um However, just to really solidify that Once I saw the liquidation indicator is like, okay now we can stop kind of beating around the bush We can just say look this is what's happening So all of these stops in here are not all liquidations um But, uh, you know, there's some in there for sure Yeah, the thinkorswim. I like you might want to jump over. Um, and and give it a try At least for a month or something. Uh And compare uh, see if you like the thinkorswim um versus the, um desktop version, uh and stops in icebergs Just for kicks, you know also sweeps Yeah, I mean The the the big difference is the thinkorswim version um Is 40 bucks a month? uh But the the data feeds there's no there's no data feed you You're getting the data for free from thinkorswim the data is not as um Good as rhythmic so, uh, so you're you're not getting that So you you're not getting the mbo data And their data is good. It's very good. Um, it's just Rhythmic is We think better. I mean it offers more All right guys, so we're still like I was a little curious in here to be honest and it may it it kind of may do it here But uh, uh, this is a beautiful move beautiful move Um back and forth in here buyers sellers buyer sellers here We see nice selling over here on this one. Here's our retest. Um, a few stops hit not many But um And then buyers come in so that second leg here We didn't get the selling we're looking for so it made sense There's buyers that come in but they didn't break the structure Right, they could have and they they even got a pullback here and could have come back up and and then broke out into 10 Etc They didn't we see the sellers roll right back in and we could we're continuing to the downside here So that could have been a little bit, you know tricky in here We we look for that, uh, this is like a double bottom in here And we look for that order flow kind of shift and change now usually typically what what adds to that Unfolding is more and more absorption on the bid many icebergs also getting filled on the uh on the bid Hey, so we don't see too much of that um In this example So kind of makes sense that we're continuing on down and we got the figure right here Uh, which is what we're looking for Hey, we're looking for 10 15 and then the figure of 06 05 or 03 Uh, and we're just hovering above the figure here Looking looking for the trade. Uh, now we want to be we got to we got to take a step back and look at our higher time frame in here But um, there there we go. There's the figure nice move into it. Um And we'll look at the higher time frame, but typically we we'd like to see the move continue on through the figure And then reject And then come back up above the figure here see the buyers come in and then get the squeeze to the upside All right, because you can see 160 stops there triggered quite a few icebergs as well Oh, yeah, the thinkorswim um bookmark version is really good. Um, I did um educational, um Oh, I don't know. It was like six months ago or something with them. Um, they've done a great job It just doesn't have all you know, they're still they're still developing and there's still a lot of kind of bells and whistles that uh, they don't have But uh, it's it's excellent And that's that's the difference Uh equities you don't have a choice. Uh, Jerry, you've got to treat you got to use dx feed Um, they're the only data provider at this point Which may change soon Uh, but uh, that's the only data provider for equities triple b bean beanie babies, uh One to zero And the market was fine pretty sure that All right. Yeah, I don't know. I don't know about about crypto. There seems to be a lot of uh um I think it's more entrenched than beanie babies Some of the baby beanie babies are worth a lot And you can put them put it out on ebay There's your auction. All right guys. Let's see. Let's see what else is happening down here. So we're just kind of Floating around the figure here I wanted to Go over also another thing here on the Stops and icebergs here um We didn't find a good example yesterday with scott because you know, he he relies heavily on this for his trading Uh, in fact, it it his trading revolves around the stops and icebergs Uh, and then he looks at the uh, the order flow and then he looks at higher time frame Once he gets a kind of an alert in here from some sort of big event like this Like that's like threshold. I don't I don't think that is threshold for him Uh, 265 here stops. I think it's more than that. Uh, but um Anyway, you know now Basically the the same things that we were just covering in talking about market probing finding, you know, uh traders compelled to to sell here And then retesting not finding so many going to the other side And then, you know, put this together with your higher time frame and your market structure and the volume Now you've got a strategy and that's the way scott trades and so You know, all these things are they they all kind of coincide You know, this was a big event right in here what I want to go through here Let me right click on it and uh go to the stops and icebergs in here on the sub chart Okay, and what I want to show here is sliding. Yeah, they're both on sliding. Okay, good All right, and and what is what is this showing you in here? Uh, how does it work? Now the sliding is actually kind of It's not really resetting here too much. I that's okay. We can we can force it Maybe we'll look at icebergs sliding for Because we want to look at spikes Uh, that's what scott likes to look at. Uh, I actually Much prefer to be honest, uh summation just like cumulative volume delta Um, but that's okay. Like uh, uh, you know scott likes this one Uh, you know reset exponential these other ones Um, but let's let's put in less than that. Let's put in maybe 10 seconds Yeah, this will work We can we can do it for both All right, so we're gonna see even you know more spikes in here now the way that the sliding works Okay to go through this concept And why we even came up with it to begin with we actually use this concept in book map many many times over We're using it right now with the cumulative, um with the chart range volume profile It is showing you a volume profile for this sliding window of data So if I zoom in this data will zoom out of my view It'll slide out and it will not show here in the column any longer Okay, so now you don't see it up here, right? Uh, we use the same concept here with the, um Uh The timeline or the time slices here will have a sliding window of let's say five minutes of data So from the left to the right here a current market This is uh always a sliding window of five minutes. See this data here. It will slide out And then you won't see that Uh in in the uh down here anymore Right still there. It's just slid out of the cvp Out of that five minute period Now we've done the same thing with the, um sliding uh down here In the sub chart So, uh, in fact, let me find a good example and I'll show you how this works. This is a good one here Okay, that 160. It's actually a great one. All right. Uh, here's how it works Uh, there's a couple of transactions in here. So it's not the best, but uh, it's not bad. Um, All right So the way that this works here is it doesn't there's no time frame in here except for the event took place Okay, we're at zero here Let me take icebergs off for the moment and I do that I can't No, yeah, I can't down here Okay all right, so We're at we're at zero here. There's a couple of little stops and stuff, etc But here's the big 160, right? Uh, and then there's a couple of other smaller ones in here. Uh, you know, we have three we have one But this is the big event here In fact, there's a four in here, uh, etc In fact, let me I'll make it even bigger so we can see that four so from zero To negative 160 negative 164 Or negative 175 so there were some others in previous calculation. Yeah Still still still in the sliding window now From this point on It'll be one minute. So just just before here at, uh, you know, um This is um 1112 and six six seconds here, right? All right, so uh Let's and we're at 1112 1112 1112 uh, and then 10 seconds we're looking for 10 seconds here And this this see this 160 it slides back here after 10 seconds okay, so this is uh Perfect see how this is six seconds here. This is 16 seconds here So just before the 16 seconds here 10 seconds of sliding data here So here it is. Here's the move down. We see that little four and then we see some other little transactions in here and now That data slides out here. This data here slides out Right of the 10 second window sliding window Now look what happened. See this little jag down here that that four that we saw That slides out later So here it is over here So that's how that works Okay, now these other little moves in there. They'll slide out later over here Hey after another 10 seconds all right, so Anyway, it so you'll see these kind of like beautiful kind of reciprocal moves basically and It it coincides to the way it's sliding in and sliding out Okay, like here You know as soon as this part slides out you see the you see the drop here Then you'll see that little kind of hook in here Let's just zoom in Uh, now this is more complex because there's more other transactions in here We have to find like transactions and then nothing basically for for a bit Then it then it will work perfectly for us to demo it Anyway, let me know if you guys have any if if you have any questions on that it's it's It's the concept is very simple It sounds complex. It's not The data slides in it's in here for 10 seconds. It slides out after that 10 second period And you can see it You see it here this little move here is a reciprocal move over here as this slides out of that 10 second period All right, so just wanted to show you that and why we did this was because um, sometimes scops Uh, computer would show With if you use the reset value to a minute Okay, not a sliding window of a minute Um, it would just be at the actual minute mark And the problem was people's computer clocks were different Uh, and therefore they got different readings So this should be much more on par because it's just always sliding in and out Therefore the spikes should be there. Uh, they should be more much more equal All right, so uh, if you guys have that kind of problem, please use the the sliding window in here Uh, that that's the way to go Right, and you can see the spikes, right? No problem there, right? No no problem at all All right, let's put the uh icebergs back on And let's go back to Uh, we're gonna use One minute or You know, I I prefer not to align the you can see the the axes are aligned right now Okay, and uh, I prefer to use some And some use cumulative volume of delta, but I don't like to have my axes aligned Okay, so I just uncheck this box here Okay, now what see now this is a very different way of of using it and reading it and I prefer it No, so that's just me Um But I have a context in reference. I know that I don't know how how many these are in here I had if you know, I'd go and look at it Um, or you know do the measurement in here Uh, but I need to know the context. How does this compare to the stops? How does it compare to other icebergs in here? All right, that's what I want And if this is just cumulative volume delta by minus cell of icebergs by minus cell of Um stops All right guys. Well, so let's see. What did we miss here as I went through all that demo? Um Not much right Not much at all okay, we're looking for this kind of uh Uh back and forth in here it right around the figure and we're trying to get followed through Um a little bit lower and uh, so we had this this kind of potential here for the short squeeze But look at the again. Look at the uh structure A structure was not broken whatsoever Okay, now here we got the retest back down here Not a whole lot of sellers here. Look at the buyers here. I'm looking for the buyers to try to take it right back to 05 here Hey, does that make sense? Hey, the order book's also showing at 01 here on the bid a bit and okay, so I'm still I'm still looking for it, but The first retest is up here And this is another kind of fractal move within it Okay, I'm looking for a bigger move out of it. Uh due to the volume here I like the volume on on this So I'm looking for a move back up here to 02 and a half on the buy side and then I'd be looking for the buyers Uh to take it try to take it higher here Just and just back up here to here to 05 Okay, because there's not a whole lot of sellers here Now now there now there are Okay, now now the sellers can take control of it actually Now now we're looking for here sellers to do that original move what we're looking for earlier And to press this through to 95 Uh 93 Down in here. Okay, and then we should see nice stop run as well Okay, lots of icebergs in here guys, uh as well. Look at that context So Larger players starting out starting starting to accumulate So look for this look for a move maybe back to point of control and vwap Later Okay sellers in control But and just because there's icebergs doesn't mean this is going to go a million points, you know to the upside here Uh whatsoever. It's something to note Did they stay in the book? Are they getting filled? Yes. Did they get filled here? Yes Okay, still more selling pressure though icebergs on the other side absorbing You know getting in the order book here, so we're noting that sellers still remain in control the structures still remain sell side Okay, we look for a break in that and when the these types of uh, Or this type of information down here Uh gives us uh more insight when that when the structure and the order flow starts to change This is why order flow rules first Okay, it rules the day These other things are are just uh, they're confluences, but it's deep Understanding or insight into confluences here All right guys, so I I'm sorry, you know, it took so long to go over that. Um I wanted to be clear on that though and Have to do that with scott as well So it so it's clear on how that sliding window works I think it's it's you know, rather rather intelligent way of Uh solving that issue Jenny cumulative volume of delta. Okay. Well cumulative volume delta like right now the stops and icebergs are using cumulative volume delta basically of icebergs So buy minus sell so obviously massive iceberg transactions here In fact, we can we can kind of measure or read it Um, I have to do it kind of manually in here because I you know, I can look at here up to here So it's about a thousand Something like that. We have the on chart though. I we I can show that Uh, and then I can also show the spikes Um, so I turned it off just so we can demo that Yeah, so here it is 1171 Okay, and they canceled too. They didn't even get filled all the way And there's two icebergs in there. That's what the slash is Okay, so and here here's where it started. We look at the evolution of the iceberg This is just fascinating to me. So here is it started, uh, you know with round You know here the transaction here. We see 235 who we zoom in we'll see the d Which means like when it was detected if we zoom in here, you'll see Here it is. So it was detected here for 63 Uh, and then these are trades or transactions Okay, when we zoom back out, they all aggregate together shows 107 and then as we zoomed out more 235 okay And then nothing happened and then they they started getting filled in here and then they cancelled Which is kind of funny You know that they were getting what they wanted and they were You know waiting and then they decided to cancel Okay, so even this move back up here structurally You know don't see it yet Okay, it made it made a slightly higher high here Okay, but it's still underneath these these uh areas here And now if we if we we can look for then we have buyers in here in a small move. They're kind of in control All right So we can trade it up to the structure and look for the breakout and try to hold it That can be a strategy to look into we've talked about this before Okay, usually from from the the trend side. This is this would be a countertrend Uh, you'd be looking for tellers Buyers here to probe up to these areas here and see if you can get that stop run and that squeeze Does that make sense? Do you guys understand what I mean here? I think uh, jenny was um Or It can chop up. Well, no, I'm looking for a squeeze Um, not not a chop Uh and and and here's why like um Because first off we see the absorption here, you know staying in the order book on in the uh in the heat map here And then we see this big move here We see icebergs in here as well And it really didn't drop much lower here Okay, so now in here we see we noticed it here It's like this is we have we have the potential here for buyers to to try to move it at least Just to the top of the range and they couldn't And then then they did here. Uh, just just now Okay, so we we're looking for that move though. See the buying coming in here made a slightly higher high Here's your pullback Here's your pullback to where look where they look where the buyers came in here Here's the pullback to that area So it's now this is counter trend trade and this is something to consider. It's something to look into It's not a a strategy recommendation It's not a trade recommendation at all. It's a strategy. We're talking about here And this is what you need to like look at and kind of study if you like the idea The idea is like, okay, we have all these other confluences We have our icebergs as well That's another confluence And we saw this move here now we slightly broke it We saw the pullback here And we're we're seeing buyers come in. This is a nice little move in here on the buy side So in this little move they're in control Here's the pullback Okay, they they didn't get below here therefore at this point We'd be looking for the the buyers to try to at least trade it back up to here Right and then maybe even 10 Okay, because we're looking for the buyers to probe the other sides here Okay, try to shake some people out hit some stops that random walk that we talked about We're looking for it in here And you can put that into a strategy now. This is a counter-trend strategy, but it's it's it's a Not bad when you start to see the binds, you know, when you have these confluences in here Buyers on the bid getting filled icebergs Buyers starting to come in they broke a small structure here Pull back looking for at least a test back up here And then maybe maybe even more therefore If that is the case here Then something to consider for trade management would be take either Um a little bit off here and you're looking for the squeeze up into 10 Okay, so you you'd take some profit here at the top of the range around 05 Uh, and then you'd be looking for more and move your stop up Okay, and you can move your stop up even above your break even at this point Uh, you know, you're looking for it to bounce off of 05 basically If if this is going to continue you're looking for it to to continue on up into 10 All right, does that make sense? Okay Hold on here. Just trying to uh Oh captain price. Well, that's the idea here. Okay. That's the the the strategy and the trade idea based on the order flow Yeah, sure. I mean, um, you know, I I You need to be careful to reduce risk here, but as you can see this this played out pretty nicely Okay, but we were looking for it. In fact, you can still be holding this here For a higher time frame move now. This is even a better place to take some profit though to be honest Okay, but this is pretty strong buying so, um When it's up, you know, how however you want to manage it like, uh I'm not sure. I think I would try to hold it and and look for a move back up into 30 or 25 or You know vwap point of control maybe here 20 another structural area of importance here Okay, maybe even like the point of control or like a traded, you know High volume node within here someplace, you know a volume cluster That would be here Right around 17 or so 17 and a half 18 somewhere around there Right. So you can trade these things back into the range and then back up further And for a potential reversal in this case Okay, so Anyway, that's the concept It is the concept clear, right? It's not I'm not trying to I'm not trying to argue here captain price Uh, whatsoever. Uh, just I want I want to make sure that the concept is clear though Look, do you understand? You know what I mean? Guys, if you like these webinars, please, uh, you know, uh Hit the like button Uh, this really helps us Uh, and we can continue doing these Gives us justification for it You know, I it's all for free here So it's nice to get get something from you that comments or You know hitting the like button As little as that that sounds. I mean it it it it really helps. It makes a big difference Adding adding and comments, etc Whatever it might be You get the idea captain price. Okay, good Yeah, I mean it's about the order flow and then change, you know Shifting and and looking for that move back to the other to test and probe the other side there. Basically Uh, we had we had talked about Uh, thanks kelly Yeah, yeah, so did it did it get to no it hasn't gotten to 17 yet anyway Now we got we got a few likes in there and that was uh, not not so many uh earlier But uh, thank you. Oh guys. Yeah, I forgot to mention here I know I know tom be starting already. Um, I'm already kind of eating into his time. Um, However, uh, take a look at our youtube channel All next week We've got a unique event. We put this together Here it is crypto webinar series Uh, I'm really looking forward to this especially with that release of that liquidation indicator. I was showing you these guys are all crypto traders So uh, and j traders included in there. I didn't know he was such a big crypto trader, but he is So we've got him in there as well On wednesday, uh, and we'll cover uh crypto markets. Okay, so some really, um, prolific crypto traders in here Come to the event all week. It's all at 10 a.m. Here Except you'll note here that crypto lifer sam Here is actually going to be at 1 p.m. On On thursday I may come in and if if I can't find another crypto trader to fill the slot on thursday at 10 a.m I'll I'll do the webinar at 10 a.m. And just go over order flow for crypto And some of the details in there Of of this indicator here like how I read it and use it with this liquidations in here Because it's it's awesome. I mean it's amazing. So I've been you know working on it Working on some strategies, etc for that You know, all right guys, so, uh, yeah, keep that in mind with the with the crypto else Yep, give us a thumbs up there In the likes and let's move on into Well, this will segue right into tom bee's Uh webinar that's already started started at this point. Okay, so Just to stick here on the channel and I think it segues right into it. All right So we'll see you guys next week on monday for the crypto webinar series. Have a good weekend All right, take care. Bye. Bye