 Okay, good afternoon traders and welcome to the bookmap Academy 2023 recap If you guys aren't familiar with the bookmap Academy, well, we'll get into a little more information in just a second but the Okay, good. The goal here is to Give some mentoring and coaching for you guys to generalize your trades Learn about generalizing your trades and to hone and focus your skills To become better traders and along the way You'll be journalizing your trades and creating some content, which is great for you and also for us and We are willing to give you bookmap for free if you can meet a certain threshold and Quota More about that in just a minute. So anyway, happy holidays. Happy New Year. Is everybody this is the last event for the year We have a lot of interesting stuff coming in in 2024. Let's go through it. So first off I want to start off. Yes, can you launch your stream so we can see the discord, right? YouTube screen, okay Okay Check five. Okay. Can you guys see? Okay? Great Okay, so the First thing we want to start off with is you guys may have seen this at bookmap.com We're offering a sale here end of the year And so it's pretty good deal. So we had a couple we had a black Friday sale for You know Thanksgiving and it was just for a month or for three months I want to tell you about this deal here You can get 30% off an annual subscription. So we'll click here. We'll go to the details It is Well, it started the 26 it runs to the third. Okay, so you may have heard of this this deal here We you will be prorated your three months if you got the three month package Just last month. Okay. So two months of those will be prorated. So you'll you'll Get an additional discount, right from those Extra couple of months. All right. So anyway, we we wanted to offer this yearly deal here so that it coincides with the new year and What we've got for you is a pretty nice deal for bookmap Academy members and Anyone who signs up during this period. Okay, so it's it's pretty simple. It's pretty straightforward Let me explain so If you have New Year's resolutions, most of us do okay You want to become a profitable trader in 2024 you want to meet a specific profit threshold or goal All right, so why not do this get bookmap get the annual deal get the 30% off You'll be set for the year join the bookmap junior Academy. Okay. Current members can also get this deal And our applicants as well And then you will be getting the training and coaching during these sessions from our coaches and seasoned traders then you'll be building your journal and and You know working on your strategies honing your skills So that you can become profitable and meet your goals in 2024. So The deal is this for bookmap Academy members Or junior Academy members and applicants if you Why not get the deal you've got a year to And it's all paid for at least your your book map is paid for for the year, however The deal here in the bookmap Academy is if you meet a certain threshold of quantitative and qualitative data or Content in your journaling then you can get book map for free Let's suppose within like let's just use an example of six months You Graduate to the bookmap Academy and you get book map for free I will come back and I will prorate the rest of your subscription that remains on your annual sale Okay on your annual deal and then what we'll do is Well, the remainder of that annual subscription will be used for any book map add-ons that you want Okay, book map add-ons. We've created the MBO bundle comes to mind There's many more that we have all right, so It's up to you whatever you want to use but that would be the deal so it's really pretty much a win-win if you Want to set these goals for yourself for the year? Get the deal You'll you'll you'll get paid back if you make it through the Academy All right, so I have the link here for you and I'll put it into the chat so that Just click on that and go through the the process here. Hey, so hold on just a minute. I'll put it into the chat for you It looks like Dan has already done it for me. Okay. Thanks Dan excellent All right, so anyway, that's the deal and Yeah, we just went through the whole thing Now just to go over a little bit of the Academy in 2023 what we did Hey, well first off you guys one of the deals that you get as book map Academy members was you got free access to some of these tools These are in beta and we will will give them out to you as part of the Program and this is for all levels an applicant all the way up to a streamer. We had many Algos for the market pulse tool you guys had free access to that the trader map pro tool You had free access to this as well and I have an example from a slowdown on this And then the checklist setups checklist Was exclusive to the Academy going over like for example a flag pattern You guys had access to that as well, which is great. Happy to do it And then welcomed new members. We have a hundred plus in the Academy now to date. Okay, so This is great news and that's just we really haven't put too much effort into this yet We have a lot more to go so 2024 should be a pretty big year for this Academy and then Blue jacket winners if you are in this blue jacket competition, it's a separate program in book map And but winners are invited to the book map junior Academy automatically. Okay, so shark shark blue and Crash f16 were invited and then We we had over 50 Trade reviews in December alone. Okay going through your content in here the coaches and the feedback to your Content, this is unique. I don't know too many other programs that offer this We're happy to do it. I'm happy to provide this community for you. We hope you get something out of it Not only through your journaling, but then also the feedback and we had six Academy review meetings here. This is the sixth one. We plan to do it. We're gonna try it weekly Every week Thursdays at market close So That's the the goal at least for the upcoming year Yeah, and we also had a pro trader webinar with a crash F16 going through how he uses the market pulse tool that he had free access to Due to this program. All right, so that's kind of a year in review Want to highlight some members in here. So Congratulations to crash f16. He made it into the book map Academy and then Let me show you guys a little bit about what is required in here to make it to the Academy. All right, so now he's been, you know Making quite a bit of content and a very High-end content marked up and he's gotten a lot out of it So if we take a look here at his spreadsheet here, okay? Let me just show you so when you come into the program you get a spreadsheet Okay, you request it in the book map applicants Chatroom and then look at all the content that he's created in here. Okay, so You know quite quite a few pieces in here 40 pieces of content There were 40 trading days In December, so that's two per day And he's got his notes in here and everything This is what is required to make it to book map Academy and get book map for free But guess what he has doubled his content in here. It's not one per day. It is two per day He will get also not only global plus free For January he will also get the MBO bundle free for January Okay, because he's doubled his quota. I just want to show you guys what is required in here Okay, now, you know, he has fast-tracked through this program He has learned quite a bit in a very very short time And you guys probably know from his content And it is rare for someone to go from the first month of book map junior Academy into the book map Academy. Okay, so Yeah, congratulations to to crash really really good job And crash we'll turn on the mic for you In a few minutes here when we start to go through your your content. I want to go through a couple pieces I also want to shout out here amazing progress Rob Davis Steven Alan See CMJ Really really great stuff. You guys have progressed immensely I'm looking at some of your content. I don't have a before and after though But especially Steven Well, also you Rob as well Pretty pretty amazing to see what you were doing before some of these Bookmap Academy meetings and what you're doing now. So I'm really happy to that it seems to be helping and We think that's a Great program for you. I also want to continue on here Great progression here But keep going hey a lot of you guys are really doing well here DNT matter I don't know if he's in here or or not He's on the cusp of becoming Bookmap Academy. He's just not making the quota. You've got to make the quota He's he's focused his content. It's looking really good. He's also made incredible progress here Jay's a is also doing really well CMJ Rubicon trader and dark trader BR Brazil You guys have made some great progress, but you just kind of fell off a little bit keep going get good at your journalizing and All we can say is like if you can make it through there through that Bookmap Junior Academy then You know, you can you can qualify it and get Bookmap for free Also want to reach out to Adrienne Adrienne Payne trading on Fern General Iroh and John Robbs in here These are new Newbies to the program in here. They're doing great Just they haven't done much though yet Adrienne you were doing just great and then you just kind of fell off. I Know it's the holidays and everything but keep going and this this spreadsheet from crash is the model Hey, just really really good stuff in here. It doesn't have to be even as detailed as this Okay, we're not even requesting this. We're just looking for the date The platform and the link it could take you 10 seconds to fill that in every day After you create your content. Anyway, great job guys. Keep it going and You'll progress here also Bookmap Academy resolutions for 24 from our side We want to keep you guys on the right path. I wanted to highlight this in here from Slowdown something he put together a while back And it shows his progress in here He started to mark up his charts in May of 2023 And just started to you know, you can see it's scattered. It's all over And but he's he's identifying order flow elements in here Hey Then in July in here, you can see another screenshot. Look at how focused he's becoming Okay, much more focused And looking for a very specific things that Resonate with him in his style of trading Hey, and then example number three in here In October 2023 you guys are probably very familiar with his as Wyckoff spring continuation setup in here or Markup markdown after was a consolidation and looking for this kind of You know test below a range and then looking for those buyers to come in here He's got it. Just it's just beautiful content. He's got an image here He knows exactly what he's looking for and then you can see his actions match Exactly what he's looking for. This is the progression. He took It's a model here for you guys Stay on the path. Keep going. You'll get there. All right. It takes a little while but Stop, you know the hype and the trading and the emotions of trading and I'm worried about knowing what you're looking for We're going to continue on here with our book map Academy resolutions for 24 2024 weekly meetings more coaching and mentoring The learning center you guys are probably now well familiar with the learning center In book map if you're not just go to education here And this will take you right to the learning center from book map calm We're going to build this out more. We're going to have more courses in here We only have one strategy in here right now a continuation pattern and a flag will have a reversal will have You know some sideways Strategies some other things to look for In inside the learning center and other courses on trade management, okay We look forward to doing this in 2024. This will be really great And should provide a foundation for you. Okay a lot of trading also trade management We're going to be covering that if in within book map and then Enhanced journaling tools. Hey, this is in the in progress in here. So We'll let you know more about this in the future as well as Competitions, okay, we're also going to have some book map competitions. Not sure when exactly or Not sure what the theme might be actually it might be on a setup it might be on a Certain market a certain instrument, but we have that capability as well So a lot of tools here for 2024. All right, so let's jump in now and start to go through Some of the content Jack, why don't you jump in and Tell us what you what you see here from from donkey face So Good afternoon guys. It's nice to be here again. I'm really glad that we're going to be doing a little bit more meetings Coming into the next income coming into the next year. I think it's gonna be really great Especially with the number of people we continuously get One of the things I want to highlight us here is it's donkey face Donkey face made his first submission earlier this week Now what's great about this is If you just look at the order flow itself You really can't tell at a glance what the time slices are necessarily But if you look down at those horizontal time slices, you'll notice that he's looking at the market in second now if you get used to book map you can probably tell that this is a Shorter duration timeframe just because of the volume of the trades. There's a little bit of a horizontal Openness there so you'll get kind of used to that but looking at it You can really not tell that necessarily what this shows is how valuable book map can be on a fractal level You can really see how order flow phenomena exist Throughout the market as a whole whether you're looking at five minutes or 30 minutes these similar patterns exist Whether it's exhaustion or absorption all of those things and that's really one of the main things that I wanted to hit here Also before we get kind of deep into this image. There's one thing missing from this image right off the bat And it was it was crystal clear to me when I first looked at it And then I pointed it out and even donkey face realized that when he cropped it He doesn't have his price axis here So we don't know exactly what price it is necessarily now he did include some notes But make sure when you're when you're doing these things like you don't miss those little details, right? Aside from that there's a ton of really good little details in here because remember this is about not just documenting your traits for a book map but Attaching this process to journaling in general journaling is that going to allow you to Incremently test yourself see how this setup worked before Maybe you recognize something in three months from now from this setup and you can go back and see if it was still there All of these things are very very important. So putting details into your images is really useful He has the date it number one up here. You can see that you don't necessarily need to do that a lot of times When you save an image you'll get that file date But what he does have here is he's got the title of his trade essentially It's his first spreadsheet chain and then he's also got that he's looking at a short bear flag And he's got a very iconic name to himself Big dot to big dot and he's looking for a scalp These are really good important details right off the bat So that like when you're coming in to see this image if you're another user or if you're coming back And you hadn't seen this for six nine months, you know immediately what you're looking at, okay? I'm looking for the bear flag I'm looking to go dot-to-dot and setup and that's exactly what he's got set up here Now with this a couple of other really key is you can see his entry and his exit We got a question in here in the chat here just a minute ago I don't necessarily trade on bookmap. How do I document them? Well, this is how you can do that You can just put little annotations where your entry is where your exit is what you were looking for at those locations There's gonna be a little bit of slippage. Maybe it's a tick off. Maybe it's a tick on either side It doesn't necessarily matter. You don't have to be super precise about it But just give yourself this is where I was looking to enter This is where I was looking to exit and provide that context and you can see that at number two And you can see his his target there at number three now He mentioned that this was just a scalp trade and he was he mentioned also that it was that that big dot trade And you can see that he calls that out at number four down here Or at the top there and he's looking for that strength that big dot that big volume to come in And this is this is very common Type of strategy where you're looking for volume to enter the market and you want to be with that volume So he's looking short if he gets the volume that he gets He does get that at four and he's looking for some continuation from there He gets the flare he gets the bear flag pattern at five which is essentially somewhat like a wedge a lot of people might call it So he's looking for that kind of pullback a little bit of consolidation And then he's looking to take the break off of that now What's great about this is at six from five to six you can also see that he's looking at what's called a measured move here Now you can tell that the measured move from five to six is essentially about the same size as the consolidation from above five Two five and that's something that you can see in a lot of different markets And that gives you an idea of where to target something so if it moved You know from a to b you expect to move similar in magnitude from b to c and he's notating that So you can see that really clearly in what he's looking for here and what he wants And he's he's got his point right at that nice clear liquidity Now what's also great about this is because he was just going for a scalp He just got in the trade and got out of the trade, right? There's nothing wrong with that I made I made three of those trades earlier today. I was in and I was out. That's it But what also is good here is? He's reflecting on his trade while he's writing down his image and you can see that at seven Seven is where he's notating. This is where I would have liked to have gotten out of the trade This is where if I was running this strategy from in the end That's where I would have done it and that's really what he's calling out here on this particular part of the image And that's important when you're journaling where where did I go wrong? Where did something happen? Where were my trailing stops at? Did I get stopped up? Those can be very very important Context that you're not gonna have when you go back and review these images weeks or months from now And then at the eight you can really see he's looking at a couple of other things Very nice detail Image or nice details to the image as a whole. He's looking at CVD. He's looking at price change and he's looking at Delta percent These are all part of the market pulse out on he's looking at that volume pressure and balance Which can leave him with that kind of bullish extreme or bearish bias And he's looking for those confluences and you can see that the black line there is actually has a market pulse And you can see that he does get a volume pressure and balance or on that push lower after that consolidation Yeah, right in there. You can see that you get it right with that flag pattern and you get the Yeah It's a great image Are you finished or did you did you have anything else? Did you want to cover Jack the last thing I was gonna say is It's great that you have these contextual clues in there because when you come back Days weeks months from now, you're not gonna remember what the market was doing exactly But with this amount of information with this kind of stuff all set up right there You know what's going on in the trade Don't trust yourself to remember it all when you look at an image put it down write it down And this is a great example of it. This is the first entry by donkey face by the way, so Set the bar high for himself. I'm gonna hold that bar high to him. So Really great job. I really like this image right off the right off the bat So this is the one I chose to do usually we get a sign kind of a couple I reached out and I wanted to do this one because it was such a good image, but yeah, go ahead Bruce Yeah, no, I'd like to turn it over if if if donkey face is in here. I looked and I didn't see him It's it's that holiday week. Yeah. Yeah. Yeah understood understood But I'm gonna reach out to him specifically as well to let him know that way you can come back and and yeah, you too I would just I mean, I do have some comments on this here as well I mean for all the reasons that you had mentioned Yeah, I really like first off. He knows what he's looking for And so he has studied something Right, so it precludes this image. He knows what he's looking for Right, so he's looking for this kind of Volume step in he's looking for this kind of flag or continuation pattern He knows what it looks like and he's also Outlining where it might go. He's looking at measured moves in here and and this is like Usually, so in my mind, I mean, he's probably been trading for for, you know, quite a while He knows he has some experience. Yeah Yeah, what are the questions I would have for him in general and I would have this question for anybody else While he did look for the measured move a lot of people don't necessarily associate the liquidity directly as a target there. So you see that target at Was he conscious of that while he was looking for the measured move because sometimes that liquidity might be a little higher or a little lower And you can front-run it a little bit, right? So kind of just keeping that in the forefront of his mind would be something that I would have to Ask questions and stuff. Yeah, it's great. Like you said. Yeah, and I there's another comment in here I this is something that really resonated with me from from slow down He he's he said like one of the things that he was looking for and doing When he was going through his process and he can he still does it is refining And look at the graphics in here. Look how I mean, okay it looks pretty but like He knows what he's looking for and he's like crafted this It's not all over the place. It's not just kind of thrown up He knows You know where where it's gonna go and then he starts to mark this up this kind of clarity will help You know Your journaling and you spend the more time you start to spend with these types of things doing this process The more you're gonna learn There's things in there that you don't see if you don't journal So Once you start to go through you think oh look at that, you know, that's pretty interesting You know, maybe it's something like you didn't understand. I here's a dumb example, but like look at the exhaustion here You know, I mean you start to notice some of these things in here And it's like wow, you know, and it's not a data loss because I know that I can see the liquidity down here You know changing so You know This is you notice some of these things that can lead into further studies or You know furthering your your own setup And making it better or your trade management at that point You know, maybe if taking some off down in some of these areas in here after one You know a smaller measured move or something that you can get back in here And then look for another one down into down into this area here. So Just focusing on You know good solid documentation in here should help your process and make better trades So that's from slow down and I believe in it as well It's absolutely great. Yeah, the Refining the refinement process is like one of the most important parts and that's why you need to go back in journal so much Yeah, because you're gonna you're just gonna get better at this the more time you spend doing This stuff the more you're gonna get comfortable with understanding. Okay, I have a $200 drawdown right now But I'm still confident in my trade You're gonna be more confident with getting into and out of a trade You're gonna be more confident as you Explore other markets or maybe you'll let when I had you trade and as you just kind of build this experience up Reflecting on it and refining those processes is gonna help a lot I Have an image. I'll link in the chat while you're while you're going over the next ones Kind of going over some of that that same stuff refining the trade I've adjusted and I can kind of have a good idea of where I'm going to you know Move my stop or move my target price. There was one today that actually just kind of When you mentioned it it stood out to me, but this was a great image Like I said, I saw it and immediately wanted to cover it. It was the first image we've seen of donkey So I'm excited. I hope he's able to continue. This is great quality This is this is the bar and we still make mistakes too cropping out the price the price line So I've made him I've cropped out the time lines before so I couldn't tell what time it was and I had to go back It's just a mess. So we all do it, but it was great. Yeah, so yeah, that's it. All I had for donkey All right, excellent. I mean look at that comment. I just made like Here's an example like you said that he was kind of he wanted to get out here, right? Yeah in this area here Well, you start to notice these things. Okay, so this is your target and they're pulling liquidity in here along the way in here And then look at this You know And then look how that actually came in just before the the push through so, you know, you can start to notice these things in here and You know it now this is the NQ but, you know, maybe Maybe for the NQ you start to really reflect off of some of these things in here And this happens via the documentation that that's my my main point Absolutely Kind of similar to that. I linked an image in the Academy streamer chat here That that goes hand-in-hand with this. This was during AMD if people want to see that I'll link it in the I got it here. Okay You might have to zoom out a little bit. I got some resolution there. I don't know if I can Just do Chrome zoom so like a shift and scroll down Or control one of the two It's positive negative, right? That's what it is. Yeah, okay So you can see the box above Before and if you want to go look in the stock shot that was where my secondary target was I knew that if we broke through 150 we'd get a strong push a little bit of continuation and those liquidity bands Directly underneath my my upper box there are areas where I kind of know that like that's likely going To be where we're going to target. We're probably going to break through that a little bit So that's where I'm going to put my secondary profit target and then I I highlighted this because sure enough 20 minutes later once we finally broke through that upper edge of liquidity We get that strong move all the way through and we land right in my box for my secondary target And then if you and in that same trade I have my stop and I place my stop Basically right before it comes price comes all the way back down and then goes right back up a little bit And my stop was nice and safe for the trailing stop And that's in the stocks channel if you guys want to look at that But by journaling and refining your process you're going to make improvements like that. You're going to have Slightly different expectations. That's not huge, but that's 30 cents per share So it's it adds up their pennies, but pennies add up so Refining and going through your process and journaling will really improve things overall And this is a great example. Don't you had a great example versus spot on with that? Yeah, this is this is great. Thanks. Thanks, Jack. I Really like it because like this is something that you just can't get from and this kind of understanding Well, I mean you're you've been using book map for a while. That's why you're a coach But like understanding liquidity Yeah, and this context between liquidity and the aggressors. So once you start to understand that Then you can start to manage your trades around that and this is a great example So if anybody wants to see that particular trade, it's in the stocks channel go there If you have any questions, just ask them in the book map Academy channel. We can we can always go over it But yeah, I appreciate it That was it I had for donkey. Who do we have next? Okay? So I don't see him. Yeah, he's still not here. So Yeah, hold on a minute here and I Will bring it up So Rob. All right, so I've got actually Rob did it and we'll turn the mic on for you in a minute Rob But Rob's been doing this now We don't have time to go through and give you guys feedback on you know This is 18 minutes long 19 minutes long basically and he's talking through his trading And this helps him. This is his style. Right now. He's also made lots of images and etc and Slowdown last time had some feedback. Well, you're kind of rambling in some of these and in China go Go go through them Rob as I went through your video in here. It like warmed my heart like you were looking for a flag pattern in here and You're you're just talking your way through it And and you and you're looking at this part in here I forget what minute was or seven seven fifty four in here and you're like, you know I'm just not seeing anything and I remember this day, too I was looking for it as well and it's like I'm just not seeing anything, you know, it's nothing's really happening in here This is an equal move up and almost an equal move down Like I'm not getting it and then even potentially a flag pattern here like strong move pull back strong move But look at the volume on this and you knew it, right? You it's like this is not what you're looking for but that's golden You stay away from it like you're looking now. You're starting to focus, you know You're you're going through that process like of slowdown from You know part one of identifying Order flow to part two being more focused and this is great. This is progress is fantastic So kudos to you on that You continued to look and you were getting frustrated because it wasn't presenting some, you know Several minutes later. You're looking at another one in here or maybe this was earlier. I can't recall Hold on Okay, so yeah, yeah, this was pre-market here and you were looking for it in here and it's just like no It's just not it. That's not what I'm looking for It kept you away from trading and you know, you're you're like that hunter like, you know Camouflaged on the hill, whatever it is To take your one shot Okay, a focused trade You know what you're looking for and this is a really great stuff Rob So I don't really have too much more for you than that But I it I wanted to recognize that and go through it here with you. It's it's a very good very good stuff So let's turn the mic on for for for you Rob You're in here, right? Yeah, there you are So Why don't you walk us through the input on that? Yeah, why don't you walk us through? Well yesterday was kind of difficult for me to come up with anything because it was a mean reversion day and Today was was even more of a mean reversion day You know, we were stuck right within a pretty small range today Yeah, yeah, well that those continuation moves When I have the context of a mean reversion, you know, what do you think I can put content? You know have like a flag pattern or continuation move in a marine reversion day or is that just a That's not the right scenario. It's not It's not now on a smaller time frame. It could be oh like if you know the markets are fractal So if you are looking within like You know a small little range like, you know some somewhere up in here Just for example like up in here someplace You know, you get that move away you get your pullback and you get your can you know your second leg, right? So, you know, maybe something like that But you know, you kept on kind of squinting and looking for it like you were saying like this might be it Yeah, it kind of is it kind of isn't though But you can see that you know, here's your consolidation range here, right? Now this this pattern in here is not good though I look at how the volume wanes and you have high liquidity in here Okay, it finally did go through it. It never reached up here though And I would be looking for it to you know do that and it didn't so That's a long answer to your short question of Yes, you can look for it, but you'd have to look for it on a different time frame Yeah, and for me it's you know, I'm trying to get the idea of what is the bigger context for the day is it going up or down or sideways And we get to a sideways day like yesterday and today Then I figure oh I need a Some other kind of setup besides a continuation set. We're working on it Rob. We'll get there Yeah, I'm just working on the one particular thing right now. So if I Cast out in too many different directions, I I'm not going to be able to get anywhere with it So I'm just I've just been focusing The last few months I guess You know on that flag pattern or continuation pattern. Yeah Yeah, no, it's great Rob and I I hope I mean, you know, that's I just I don't know trying to think of an analogy that makes it maybe a little bit more helpful It's like you're fishing or you're hunting You know, you don't you don't get a kill every day. You don't get a fish every day You know sometimes you go out there and you do everything right and you get nothing So and You know, this is why a lot of traders during the holidays. They don't even it's not worth their effort They would rather, you know, take the day off the week off Refresh and then be ready in in mid-January To hit it to hit it hard so Yeah, you know, it's there's certain seasons, you know to to the market in essence So that's something to consider As well Yeah, and I just figured, you know, right at the end of the year like this, you know a lot A lot of people are still on vacation anyway, so You know, it just seems like the market's not Done much of anything since Christmas Yeah um Okay, um So anything else rob then uh else, uh, we'll move on to the next one Uh I think that's that's about it for now. I'm just gonna keep working on it. Excellent. Excellent. Okay um, well, like I said rob great, you know progress, um and Really liked it that you Were noticing like it's not doing what I want That's that's when you can notice that like, you know what you're looking for Uh, now this is interesting in here. So this is um same day Uh, and uh, this is crash Okay And he says book map doesn't get any better than this, right? Uh, so This fit his criteria And um, so You know now I've I've so I wanted to reflect off of this and and rob Let's we'll open the mic also for uh for crash. Uh, and um, uh, you know, let him uh say some stuff in here, but um You know, I've heard this um from uh a professional bank trader that was uh, uh coaching me uh, and uh He was saying like, uh, you know on the trading floor or You know where where they were on the on their floor in the in the in the bank. Um, you know Like his team and you know, they'd be doing great and everyone's making money and then like, uh, they You know reach over to or you know, talk to the other guys and and they'd say, oh, it's just horrible market Like and he's like, well, how can you not be making money in this market? You know, that was his his answer or question. Uh, and then the opposite would happen You know, so uh, they would be Having a he would have be having just a horrible like, um, you know a few weeks or month or whatever Uh, and then these other guys would be doing great and it's like, how are you making money? in that market, so Let's turn it over to crash and he'll go through a couple of uh points in in his Uh set up here Hey, good afternoon everybody All right, everybody had a great christmas and ready for a good new year. Thanks for the uh Opportunity to work with you guys and making it to a book map academy I certainly appreciate the uh, voter confidence and all the coaching that went into this. So thank you bruce and team Yeah, you earned it man. I mean it's as simple as that So, uh, thank thanks go to you Yeah, great Uh, so you want me to talk about this slide right here specifically? Yeah. Yeah I mean because like there's a follow-up to it is this one here. Um, but uh, Why don't you walk us through me because I wanted to reflect off of rob Not seeing anything and then to you seeing something Yeah, well, so the first thing that I think sticks out to me is that uh We're both using a little bit of different information So I think if you just look at my chart and then look at his chart, uh, he has a few less Uh, You know indicators that are enabled on his, uh Chart so I guess the first thing I would say is You know, ask yourself a couple questions Uh, when you're making your charts and that is do you have enough information that gives you the big picture? Uh, and the thing that you know book map offers is it has so many different add-ons You know, whether you're talking about sweeps absorption stops icebergs, you know, et cetera market pulse So maybe I would say if you're not using some of that stuff to Maybe make one chart with it and just start and if you have multiple charts I don't know how many charts everybody generally has with book map, but you know Have a couple different charts to start gauging your eyes to what the different Uh data points that you can add on to the chart because it really makes a big difference And I would also say is use different time frames to look so, you know, if you looked at yesterday Uh on a 10 or 15 minute chart, you know, most people would say hey This is a doji type day right pretty much unchanged all the way across like nq Was 37 points. I think from from the previous day closed to Uh where it ended up yesterday And then if you look at today and you look at a 10 or 15 minute chart Uh, you're actually going to see that we're basically, you know We had some ups and downs some some daily intraday rotations, but we still have In general price action, you know, making lower highs throughout the day um, and if then if you add a couple other points of Confluence you start practicing with some things like Uh moving averages Fibonacci's Maybe looking at the overnight eye low closed from the previous day through Uh the european time frame and start plotting that stuff on your Chart you'll start to see, you know patterns of the direction of the flow So, uh, I would just say to rob maybe at maybe you need to add just a couple more things in there I know a lot of people want to keep it simple and I think simpler is better too But sometimes you do need to have some other things on there just to help you get that picture Um, and then, you know specifically to my chart here with the icebergs You know, this is from just spending a lot of time looking at Book map and looking at the ice action And you can see from all my posts that I spend a lot of time documenting the icebergs I do it over and over and over almost every single day if there's an iceberg on a chart A surfer iceberg particularly I will document it and I will show it to people And so for me something that I have just noticed Is that the icebergs Uh tend to come out and provide either kind of some support Uh or resistance So if you look at the left hand side of that screen right where it first came out At about the uh eight o'clock specific standard time frame because that's a specific standard Time frame chart you can see that Uh that the price came down as it started to bounce up a particular Iceberg surfer started floating all the way across the screen and as soon as the iceberg Came out price started moving up And you can see it did a mean reversion back to go test the poc, which is the pink line Then it made its way back up to, uh VWAP, which is the white line And so if you're doing any of tombe's or anybody else's trades that are out here about mean reversion You know, you can use the liquidity zones. You can use the icebergs. You can use Market pulse vpi to all help you find trade locations And so I use a confluence of all that right? I use market pulse vpi Pretty significantly. I use icebergs pretty significantly And i'm always aware particularly that when icebergs pop out they'll act as No initial support or resistance But some point in time in the day they're going to get retested And you can see from that screen that we went up and we retested the POC vWAP we went up even higher and then we came back and we finally ended up breaking down below poc again And guess what we came and did we came and retested the iceberg Now two things happen at a retest of an iceberg We either break through Or we bounce off of it and a lot of that has helped In identifying it with liquidity zones and market pulse vpi for myself and my trades So when I come down to see this retest of the iceberg here I'll look to see if it's at a liquidity zone Or any other points of confluence whether it's a Fibonacci and moving average But I will look specifically at the vpi there and if you look at vpi We have a spike down there at the test on the right hand side for the The balance of the iceberg occurs, but we do have sell stops Right down into that iceberg a little bit over at 11 o'clock that I mean we get a retest there too. You're right I was just having to look at the my comment was specifically to the the right side at 11 o'clock But on either one of those you're getting market pulse vpi You're getting sell stops and you're getting reactions off of the iceberg And so sometimes you know people will say hey a trend line We'll usually get bounced two or three times, right? And then maybe you'll get a break icebergs can be the same way So you you actually see one test over there at about the 830 time frame You see it another test there in the middle where bruise was originally drawing Which is about the 945 time and now we're getting a third test Over there at the right at the 11 o'clock time frame And so you can just kind of see where we bounced off of those each time in the third time It's just like that, you know charm and it bounced up pretty significantly Um, and I just took a you know a quick 10 15 point scalp right off of that Now if you're using three micros again a lot of people don't like to trade like this, right? So if it's not your style don't do it, but for me I have no problem doing three to six micros and just doing a a buy order right there when I see It bounced right off that to see if it's going to give me a quick 20 point reaction Uh, and if I you know it breaks through I have a pretty significant stop so I probably put my stop down below one of those lower liquidity zones that you'll see down there around the 55 area maybe 60 area and just kind of monitored if I leg in on three micros Uh, it's not going to kill me to take a little bit of a stop Maybe I'll end up laying in if it comes down and does a peeky boo blow and goes back up But the main point of this chart was to highlight how icebergs Can act to support resistance I personally can take trades off of them as soon as they develop And I look for a reaction one way or the other off of them as well just like a liquidity zone So that's the point of this chart Okay, excellent. Um, and then uh, uh this one here Uh, and then this one's on the nq as well. Uh, this is around 11 o'clock In the pacific standard time you can see that we were had multiple liquidity zones Uh, which are highlighted by the yellow section. We have an iceberg surfer that has been swinging across for quite a while So I monitor price, right? I'm looking for pullbacks I'm looking to see a reaction at liquidity zones and I'm looking to see reactions at iceberg And here the point of this congress this chart is that I have both an iceberg a surfer iceberg It's what I like to call surfing across the screen And it is very close in proximity to the thicker liquidity zone that we see down there And so one of my favorite trades, right is to use market pulse of vpi coming into a Quotity zone. I'm looking for sell sweeps into sell stops. I'm looking for a flush of red Cell volume and then followed up with some buy volume And in this case I don't take the first vpi spike that you see at 11 o'clock because we can see that the iceberg is actually below the price At that vpi spike at 11 o'clock on the chart So now I am waiting For the thicker liquidity zone down closer to the iceberg And you can see that we have the large flush of volume right there right above the iceberg and the 71 stop Indication there the red dot and we come down and bounce one more time right into the liquidity zone And then we have buy volume right after that with a reaction off of the iceberg and the liquidity zone And you could just take that You know if you take that little spike there on the vpi. It's not red at the time But you can see I pointed this out multiple times that sometimes you get the initial flush And the lower vpi spike to the left side of the chart And you look for the next one which is a divergence It's a slightly higher the the bottom of the peak is slightly higher than the left side So it's almost kind of like a a right sided pivot rule if you want to think about it like that But you get a divergence between the left hand vpi spike and the and the right vpi spike That base of liquidity in the in the iceberg So for me, I'm willing to go ahead and that meets my criteria of a cell sweep Or a volume push down into a liquidity zone right at the iceberg and I just snipe that thing for about 15 20 points And you can see it it goes right back up mean reversion to the POC If I remember correctly, we actually ended up going much higher And it ended up going up to vwap as well So multiple ways to get in you can leg in on this one You can let it have its impulse move Which is where I took off my first profit you can let it come back and retest the vpoc Once it breaks out above the vpoc and starts heading towards the liquidity up north Then you could do your entry there or you get add there So if you're not comfortable taking that trade as it comes down into a thick liquidity zone at that iceberg Then wait till you get that mean reversion up to the v pocket It tests it and then it breaks above it and we start going up towards other liquidity zones and the vwap above Yeah, yeah, beautiful beautiful So, uh, uh, yeah, thanks crash. I mean you can see this is uh starting to Potentially turn into I mean, I don't know what happened. I wasn't looking at the nasaq But uh, potentially This turns into a reversal So you got the you like a break a structure break here Here's your your impulse move Potentially your pullback and then looking for your next impulse move Uh, exactly. So, uh, uh, potentially it these can be these can be tricky that we'll we'll be talking about more, uh, about, um, uh reversion reversals in the near future, so Yep, and again, it's not for everybody but trade small leg in and then what I would say Is if you want to practice it's going to sim right get some hours on sim get your eyes gauged and Being able to identify this kind of stuff so that you feel comfortable once you go live But just do this and sim start monitoring these icebergs Start monitoring the bounces into the liquidity zones With the vpi spikes you can see we have that cvd is down there basing right right at the peak of the uh Of the bottom down there, uh with a vpi spike bouncing off of liquidity zones You have the divergence. I mean is a perfect example It really is not It's not hard. I I know it takes a while for people to want to buy a bottom or whatever But this is a pullback right you're you got a liquidity zone and an iceberg that has just been tested right there You have the divergence in the vpi spikes. You got thick liquidity and you get a nice little bounce So, uh, just practice it I would say get your eyes used to looking at some other stuff Because you can get in and and and be in you know, I've showed this before 10 15 20 30 points before you know, you might otherwise have gotten in later on Yeah a comment on that though, uh crash and and this is like you've said this Just about every single time and I think it's really important. Um You are willing to risk a couple of micros at that area and catch it And uh, so you already have um assess the risk You're managing the risk So, uh, uh, you know, I I would imagine like, you know, when those don't work out You you said you take your stop you look for the next one Uh, maybe when you first started with this you had lots of stop outs Uh, and then you started to refine it. Uh, you got to a point where you know what you're looking for with all of these confluences And you notice you had higher probability Uh by taking them at that point So, uh, I just want to mention like the other side of that is because we all want to catch the bottoms, uh in the tops, but like, uh You're you have a risk management, uh process in place Yeah, well, I mean again, look at it on sim. So just real quick if you look at the what's the next lower liquidity zone under the 60 there It's about 57, right? Yeah, you're you're doing three micros you just put your Stop right there at 57 Right below that next liquidity zone So, I mean on the NQ, you know, that's a three point stop How tight do you want it to be? I mean that's pretty significant, you know, that's a that's a nice tight risk management stop right there So you're you're just, you know, three to six micros. You're not risking very much Uh on a three point stop But I guarantee you if you start looking at it the way I'm looking at it You just put your stops down there below that liquidity zone. That's right there You you are just not risking that much And the uh the iceberg surfer there. So, you know, that's just Trust me start looking at these setups with the icebergs and the liquidity zones Excellent excellent. All right. Thanks. Thanks crash uh, let's see, uh, uh, I've got uh, I think A couple more and uh, these are coaches. Um Uh, and I I know I think stands in here. Um, so what stand if you want to uh comment in in here But we we covered this in one of the webinars because you were asking about well, or we talked about, um How the liquidity looks different, uh in the currencies, uh, the futures currencies Uh, and especially the 6j You get these striations, uh, you know every point or so In here, uh, but you're still you notice how like, you know, stan is looking at the same exact stuff Right, uh, and uh, he knows what he's looking for, uh, beautiful right in here about this kind of skew in the order book Even with a really hard to to, uh, read, um Uh, uh heat map in here, uh, yet, you know, you you can see his his entry in here and his exit up here. So, uh And just going through understanding first leg, uh, you know conviction in here exhaustion in here And then adding liquidity on the bid. He's feeling probably pretty good in here In fact, you know, I would imagine, uh pretty soon stan, you might even be Uh adding some more in or or something like that But uh, I don't know if Welcome stan. Yeah, welcome Uh, no, but uh nothing special to add, uh over there. No, that was a nice one I um, it was maybe a bit of fumo Uh, I was waiting so we had just for a flag pattern over there and try to enter or unbiased it with conviction Uh, yeah, but I should wait for You were looking for the structure. Yeah, exactly. Yeah, stop just under the structure. I said every time and I was looking for a pc Uh for market polls with this and I think it can really bring something like For the strength of a trend Like we can really see like the pc is showing like very green And uh with the shift. Yeah. Yeah. In fact, this is something that um, I wanted to mention like, uh, So the this is very different and we'd mentioned it before about market polls In this case stan, you're using market polls to exit um Kind of uh, you're you you're waiting for an extreme reading not to Enter, but you're looking for that extreme reading. Um, kind of in the trend Uh, and uh, and when you get that Then uh, you can consider your your exit Uh, and then when you don't when you have like kind of shallower pullbacks in here Uh in market polls that can be your entry as long as you're in a trend, you know, you you got to be in a trend. Yeah, exactly so Yeah, yeah, any anything else uh stan that you wanted to cover about these currencies? No The this one. No, no, that's uh, that's it was a good one I'm pretty happy with it. Yeah. Yeah, it looks it looks picture. I'm doing always the same So, yeah, I had like the liquidity the odd flow button that I'm looking for And uh, yeah, that was a good one for me. Like yeah, I could maybe scale front of liquidity Or um, yeah other another one and leave a runner Yeah, depends my risk management at this time, but uh, yeah All right. All right. That was a good one. Yeah, excellent. Excellent. Uh, well, thank you. Thank you stan That's the only one I have for you but Let's move on and I wanted to end here, uh with slowdown, uh, and um, uh, just I mean, he's becoming like a minimal artist in here as you guys can see like, uh He knows exactly what he's looking for now You know, here's his here's his, uh spring A trade example a long example, uh in in a diagram form Uh, and then here it is here Okay, what he's looking for And uh, it's just it's beautiful stuff. Uh his target here high liquidity boom And nails it now what he was covering in here though Because we've seen him do this many many times over. Um is this is the nasdaq Okay, well check out the nasdaq here. Okay on on crashes Uh, look at the liquidity in here. Okay, so This uh, what this trader map pro here. I've got the other one here as well Um, yeah, you can see like, you know, how how the market is, uh Uh, basically, um, you know staying away here and uh, these kind of like stacker algos, uh in here And then when they're ready to trade they'll stay in in the book and uh, uh and not kind of like stay away by a certain amount of points and they'll get filled and That's when we want to pay attention Um to that kind of liquidity, but uh, it can be kind of distracting in here. So look at what? Um Trader map pro. This is the nq you can filter out that short um high liquidity Um, and and you can see it's still kind of in here You can see it a little bit in here if you guys can see this kind of shadowy in uh effect in here But it's a lot more muted. Okay the high liquidity is standing out and this helped him Okay, so this trader map pro tool, uh, is something to look into if you guys want more clarity out of your heat map Okay, it's really simple to do. Uh, I can demo it for you tomorrow if you want to come to the, um um The the webinar at at 10 a.m. East coast time Okay, uh, he's also got his market polls down here Uh, he knows exactly what he's looking for in terms of volume starting to pick up on that buy side Uh, and he knows exactly where he wants to target with that high liquidity up in here Okay, beautiful stuff. Uh, and uh, very nice, uh example of this, uh, a trader map pro tool as well All right, so uh, let's see guys. That's that's it. Uh, I want to thank you all for participating uh in the Uh, you know 2023 here moving into 2024 We do have this we have this offer for you if you want to take advantage of it Uh, it is we'll put the link into the chat for you here um, and um You can get 30 off the book map annual, but the deal here with the academy is this Uh, that um, you will get that deal You'll be a part of the book map junior academy If you qualify and make it and graduate into the book map academy and get book map for free We will pro rate the rest of your annual subscription Okay, so it's like a win-win get the deal now. Uh, get really good get coached Uh in the academy get some mentorship. Uh, and then if you make it you'll you'll get the money back And you can use it for add-ons All right, so it's a great deal It's only through book map academy. You will not find it anywhere else All right, so and you've it's only for you guys as members or anyone who is joining as an applicant All right That's all I have for you guys. So, uh, I just wanted to say thank you everybody. Uh, thank you all coaches Uh jack stan slowdown also, uh, uh, you know crash for Tremendous amount of great content And you can see him, you know on the fast track working his way through the book map academy program All right, so thanks everybody. Have a happy new year. Stay safe And we'll see you in 2024. Okay. Thanks everybody Bye. Bye