 Okay, good morning everybody and welcome to the order flow webinar here with Oliver sparring It's all in German. I'm just gonna do the quick introduction here So and then turn it right over to Oliver and let him go away Go with it in German through trade analysis analysis of market structure Potential trades and then live analysis as well. I have his website here sparring dash academy dot de and his Instagram account I'll put this into the chat for you if you want to reach out to Oliver Let's go through the disclosures General disclosure 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 a central risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results One more thing I need to go through Is this is the last day of our black Friday event? Started a week ago. So if you're interested This is your chance here to try book map at a discount I know a lot of people were asking about black Friday. So here it is This is the last day if you want to try book map give it a try for a month. This is good for 50% off for the first month only So you can try book map at a discount and see if you like it. You can also upgrade So if you have let's click on the image here and go to the landing page if you have book map At like the digital plus or global version you can upgrade and Will still apply here So the whole concept of the black Friday event was get people to try book map and you know get them off the fence here If you already have book map global and you want to check out global plus You're gonna pay the same price as you would for your regular global so give it a try upgrade and And you just use this promo code in your in your purchase. Okay, so other than that, let's turn it over to Oliver He is sharing his screen, so Okay, all right, Oliver. So I see kind of a infinite screen. Yeah. Okay. I just Okay, perfect. Thank you Bruce Also, oh no, but it's a welcome from my side Yeah, zum heutigen book map live webinar. I for me. Of course. That's your ala wieder zahlreich mit dabei seid was werden wir heute machen Wir gehen natürlich als aller erstes mal wieder ganz klassisch durch unseren disclaimer durch ihr wisst den müssen wir auch einmal auf deutsch zeigen Das was wir hier tun ist rein zu edukativen Zwecken ihr handelt auf euer eigenes risiko der handel mit futures ist mit riesigen verbunden Und das hier ist natürlich keine anlage beratung Ganz kurz zu mir mein name ist Oliver sparing jahrgang 1987 ich bin jetzt seit gut 11 jahren an der bürse tätig hab verschiedenste trading disziplin in meinem leben schon durch bin letzten endes hauptsächlich jetzt im order buch und order flow trading Tätig und arbeite seit geraumer zeit sehr sehr eng mit den firmen book map und trading to win zusammen Wodurch jetzt hier auch natürlich unsere webinare zustande kommen was haben wir heute vor Wer von euch schon öfter dabei ist er kennt das ganze prozedere sicherlich schon wir beginnen wie immer mit zwei trade Analysen von trades die ich am heutigen tag getätigt hab ich nehme alle meine trades immer über screen recording für meine Kunden in der sparing investment academy auf damit wir das im nachhinein auch gut alles nachvollziehen und zeigen können gucken wir uns also heute zwei Aufnahmen von trades an die ich im cl future also ein erdöl future heute getätigt hab heute ein sehr sehr schöner mark Ansonsten war es heute maximal ruhig um nicht zu sagen langweilig Ich bin auf jeden fall froh dass ich nebenbei gearbeitet hab sonst hätte ich glaube ich echt eine schwere zeit heute vom rechner verbracht Danach machen wir immer eine wie immer eine kleine Analyse der markt struktur wir schauen uns dafür das market profile und das volume profile in others an Gucken mal wo sind heute interessante zonen und trading locations wo für uns trades in betracht kommen Wo wir gute möglichkeiten auf beispielsweise breakout trades oder reversal trades haben und wo wir auch damit rechnen können dass dort erhöhte liquidität im order zu finden ist diese mark struktur analyser auf jeden fall für meine für meinen stil des tradings immer die absolute Grundvoraussetzungen ich will erst mal immer dass der kurs an eine meiner trading locations kommt und erst wenn er dort ist Kommt für mich ein trade überhaupt in betracht dann kommt book map ins spiel und wir beobachten den order flow Wenn wir damit durch sind dann gucken wir uns wie immer in book map live den markt anschauen mal gerade was macht der e s heute so Wo sind denn grad die levels wo ist der kurs gerade in welcher mark phase befinden wir uns gerade und welche trades kommenden gerade in Betracht wer aufmerksam aufgepasst hat er hat gesehen es gab gerade arbeitslosen zahlen in den usa Markt hat gerade ein ordentlichen ruck nach unten gemacht obwohl die eigentlich die zahlen eigentlich so ausgefallen sind wie sie ja größtenteils auch Erwartet worden sind insofern ja ist davon auszugehen dass das erst mal nur eine Temporäre kürzere korrektur ist für sich natürlich noch im laufe des tages zeigen Aber jetzt erst mal einen ordentlichen huschen nach unten gegeben ihr könnt natürlich wie immer während des gesamten webinas eure fragen stellen ihr könnt dafür den special events channel in Bookmap discord server benutzen ihr könnt natürlich auch direkt den chat im discord in diesem sprach channel hier benutzen auch den habe ich im blick und für jeden von euch der bei youtube dabei ist kann natürlich auch bei youtube fragen stellen auch da schaue ich immer mal wieder rein da was von eurer seite aus gekommen ist so Das erst mal zum grundsätzlichen plan das gucken wir uns später an das gucken wir uns auch später an und erst recht das hier und wir beginnen mit unseren Spray jetzt muss ich mal gucken welches war denn davon der erst und welches ist der zweite das ist der erste gewesen so Was sehen wir hier das ist wie gesagt der cl future ich lass mal ein bisschen vorlaufen weil ich hole hier gleich noch mein Artersfenster rein und das hängt hier gleich ein bisschen im weg Grundsätzlich sehen wir dass wir uns hier in einem Ja temporären kleineren abwärtstrend in der mikrostruktur Befunden haben wir sind dann allerdings hier jetzt kommt das Artersfenster das Volta in dem moment nicht so richtig wie ich Ist da etwas blöder hängen geblieben ist gleich wieder weg Geben wir ihm noch eine Sekunde Ja jetzt hat das jetzt hat das okay also Wie ihr seht wir kommen ja aus einer straffen abwärtsbewegung Wer die videos hier und die war live webinar ist schon häufiger geguckt und verfolgt hat der weiß ich habe hier links immer noch so ein bisschen mein 5 minuten chart und food print chart eingeblendet damit wir einen etwas besseren überblick haben wo befinden wir uns dann Er im Größeren bild sage ich mal dass wie gesagt hier ein 5 minuten chart hier sehen wir willkommen wie gesagt aus einer stärkeren Momentumbewegung sind hier auf dieses level geprallt welches ich mir im zugemeiner morgendlichen Analyse dort definiert hatte Und jetzt kommen wir hier in diesen bereich und wir sehen schon alles klar wenn wir mal ein bisschen nach links gucken dann sehen wir hier lag bereits im vorfeld liquidität die ist hier rausgepult worden die der Bitkäufer der die größere institutionelle händler der hier also zuvor seine orders drin liegen hatte der hat die also erst mal hier aus dem markt Er rausgenommen in dem moment wo er das getan hatte ist der mark hier wirklich auch ein gebrochen und kommt jetzt hier an diese zone an dieses level um 80 73 80 82 so um den bereich und Fängt sich hier sofort auf jeden fall auf das ist auf jeden fall eine sache wo ich immer wieder sage Habt solche zonen im blick wo vorher größere limit orders lagen die dort eventual auch schon über einen längeren Zeitraum lagen die dann aber ab einem bestimmten Moment aus dem mark gezogen werden und wenn der kurs dann an diese zonen herankommt und darauf Reagiert dann solltet ihr definitiv den order flow gut im blick haben denn dann ergeben sich oftmals gute trading chancen denn das zeigt uns natürlich dass dieser player der hier seine seine seine orders gepult hatte dass der natürlich noch da ist und dass der natürlich auch noch Seine intention hier im blick hat Prallen also auf dieses level hier rauf bekommen hier dieses market volume stop signal in trade finder wer den trade finder nicht kennt Das ist ein zusätzliches plug-in welches ihr auch im market place von book map findet Für mich eines der wertvollsten plug-in was plug-ins was so in den in den letzten jahren auf den mark gekommen ist Bekommen dafür auch kein geld von von trailing du bin ist es wirklich einfach nur meine reine persönliche empfehlung Weil es einfach sehr sehr schön order buch events order flow events visualisieren kann auf die wir so Im laufe des tages in unserer order flow karriere in unserer trading karriere sowieso achten Wir sehen hier also diese art Exhaustion situation der mark prallt hier mit jeder Menge down side momentum rauf auf dieses level es wird hier noch mal ordentlich Market rein gepusht das sehen wir hier auch sehr sehr schön an diesen stop linien unten im chart der kurs kommt hier allerdings nicht weiter Durch und in zugedessen Bildet sich hier so eine kleine seitwärts konsolidierung Ich hoffe ihr könnt das einigermaßen erkennen hier ist mein erstes gelb ist reich hier ist mein zweites gelb ist reich Ich bin hier also mit zwei kontrakten long gegangen nachdem wir hier diesen starken push noch mal hier in dieser Sogenannten price dynamics plot linien auch vom trade finder sehen konnten im zugedessen kamen Keine market fairkäufer mehr nach statt dessen ist diese linie hier sofort golden geworden was mir in dem augenblick gezeigt hat Okay, es ist hier durchaus interesse seitens der käufer da dieses level zu übernehmen und hier im größeren stile sich einzukaufen Wir wissen natürlich nicht ob jetzt der markteilnehmer der hier vielleicht short war hier seine gewinne mitgenommen Und an dieser stelle jetzt wieder bereit ist sich größere institutionella einzukaufen das ist natürlich an dieser stelle immer Etwas unklar wer also mehr bestätigung will Der kann hier natürlich auch noch etwas länger warten und gucken Kann sich der kursin hier wirklich etablieren können sich die käufer hier wirklich durchsetzen bleiben die käufer vor allem auch drinnen aber wie gesagt ich hatte dieses level hier sowieso schon auf dem kicker und War hier sowieso schon nach einem potentiellen long trade in übergeordnete trendrichtungen auf der lauer Und in dem augenblick wo ich hier also gesehen habe ok die fairkäufer kommen hier nicht mehr weiter durch es kommt zu stärkere Absorptionen käufer kommen sofort auf der anderen seite rein hat man auch wunderbar im orderbuch sehen können Deswegen habe ich hier gar nicht so lange gefackelt und habe hier direkt den trade übernommen habe ich hier ein kleines bisschen glück gehabt ich habe tatsächlich meinen stop hier Ja, so ein partix unter diese liquiditätswolke gelegt und habe hier in dem augenblick wo der kurs hier noch mal runter gekommen ist Etwas glück gehabt dass er mich nicht raus geholt hat das sind hier vielleicht drei vier ticks die es noch zu meinem Zu meinem stop gebraucht hätte dann sehen wir sehr schön diese momentum bewegungen oben wo es schon sehr sehr gut aussah wo ich da Okay bekommst du direkt Then follow through sollte dann aber doch nicht sein es gab noch mal einen pullback ans ans level Hier sieht man allerdings dann auch schon sehr schön in dieser market volume stop linie unten die uns im prinzip eine art ja oszillierenden oszillierendes kumulatives delta im prinzip zeigt und anhand dieser linie können wir schon sehen Seitens der vis vis eben noch beim erster such der war und hier unten da haben wir sogar noch eine stärkere Divergenz da sogar noch weniger überzeugung seitens market verkäufern hier noch mal irgendwie reinzugehen hat im prinzip in diesem augenblick mein Mein trade meine trade intention nur noch weiter gestärkt natürlich wie gesagt muss man ganz offen mit umgehen ein bisschen glück gehört im trading auch Dazu sollte durchaus sein können dass mein stop hier noch mal genau abgeholt wird und der kurs dann nach oben läuft in dem fall ist das sehr zu meiner freunde nicht passiert So jetzt kommen wir hier an dieses zwischenzeitliche hoch noch mal ran in der mikrostruktur und da Eine idee ok wenn wir da jetzt kontrakte ins hier genügend dieses dieses temporäre hoch hier raus zu holen und damit auch wirklich dann das ruder Letzten ns zu übernehmen dann ist natürlich meine ganze trading itin durch aus in der fab deswegen habe ich jetzt ja auch meine erste You know Bandwidth issues i don't know if maybe you want to quit quit some things or like maybe your camera as well Maybe that i don't know if that helps Yeah, yeah, give me a second and let me just close My camera That should save some bandwidth Yeah, anything that helps Yeah And let me also open open my door Ah You're not connected wirelessly are you so here i'm back again. Hopefully this should work now. Okay if you're connected wirelessly um We highly recommend Not to Yeah, absolutely. Okay. I should I should get a long cable because This upstairs and it usually works fine, but uh, yeah, obviously sometimes There's also we've had all sorts of data loss issues. So, I mean this is for everybody on on the call like, uh We highly recommend that people Connect directly to their modem router Anyway, absolutely. Let you know Okay, thank you ruse So then, uh, hope we're mal. That's it's all this at was stabila läuft here, please If I was to hear a little bit of a hack here or maybe not everything was so well transferred I hope that's all running now and you can see me well and hear or My screen is good to see and hear so so Once again to the situation where we just were my idea so if we If now if now the buyers can't get this up here directly to take out then I would take out the first contract here What I just did we see so we come here at this at this local high back It immediately forms this little side-by-side consolidation It comes at this point are also not really buyers to have been seen in the order book that have now made here to push the course now with the pressure to push up In this case, for me the situation here where I have taken out the first contract So with that I have completely neutralized my risk Even if I now want to stop here at the maximum loss, it would still be a plus minus zero trade Because I was here, as I said, with two contracts in it The first contract is now out And now there is the push up here So we have found a few close buyers and I have now used that directly to My stop here under this little side-by-side consolidation in this case here on my break even course My target was now in this case here the v-pog up I have now so my second limit order a few ticks down there positioned In the hope that the buyers now possibly go straight there So we can see it here in the order book is not that much going on here neither on the bit nor on the ask side Can we meet any great statements But now the breakout out of this side-by-side consolidation is not so much conviction as I then hoped It's right now here again the buyers came in who pushed the course down In this moment I have not flown out yet But if we look at the speed now with the buyers who have just pushed the whole thing down here And also, let's say, the power, the less power that was necessary for this When I was to enter this downward movement here, it was already clear to me Okay, if you don't come back here immediately, which really take the whole thing here at this point and go up Then my trading idea is definitely not given here anymore and then I would also go out of the trade That's why I pulled the stop course a little bit tighter and then flew out with the second contract In total, a small trade with 120 dollars won, that is 12 ticks, which is of course for In the case that I was in here with two contracts, a rather weak result is nothing that despite As I said, you know my approach, I'm sure you are now aware of such situations If I notice, I don't get the follow-through of what I want to see And the side, in this case, the buyers don't take over the rudder and don't press the course With conviction and momentum in the direction I want it to be Then I'm always quick and secure in my positions I try to get out with the first contract to neutralize the risk Which also worked very well here In the end, the course then made another huge push down before it actually continued So I would also have flown out of the trade completely In this case, we could definitely take a small winner with us Then a whole week has not happened Here you can see now that this is my second trade of the day Here you can see the situation that we just dealt with That was here our withdrawal movement So that was the reversal that I tried to trade here And you can already take it with this candle, it still made a cut here up to 80-40 And then this huge reversal bar appeared here But that wasn't a good opportunity to get into the trade again Because it simply wouldn't have given any meaningful opportunity to place the stop in some form in the microstructure Because the whole thing happened with a lot of momentum and very, very quickly These are situations that I simply don't like to deal with Then a whole week of accumulation here between the two levels that I had defined And finally, during the third try of the day, the course then broke through this zone at 81.55 We had a nice breakout here with a lot of momentum, with a lot of speed, with a lot of volume And now, liquidity-wise, the whole thing wasn't that easy to see We had orders here, you can see it here in the bookmap We had orders here that were here a whole week But that wasn't a zone like up here at 82, around 82, up to 82.10 Where we really have larger value orders And even though the stop-run we saw here shows us that this level was very, very much of interest Since the market participants, since the institutional market participants, who of course also got the stops But what we could see after the breakout is that the course didn't immediately go back to the previous range We also saw the final course in the 5-minute chart You can see in the bookmap that the course stabilized throughout this zone That the buyers also pushed in here again and again, first push, second push, here the third push And after that, I then saw, okay, they mean it seriously, they definitely want to keep the course throughout this zone And then there was also this stacking right below the course Whether it's spoofing orders or whether it's not spoofing orders, we always put it at this point But in the moment where it was properly laid out, it was directly below the course So I went in here and opened my trade with two contracts The whole thing was also just in time And then also Jason, he immediately took me here, I don't know, 15, 16 ticks into the plus catapult And after this, here directly this further market volume stop or stop line signal from the trade finder I then also took out the first contract here at this point to just neutralize my risk again Now we see directly how the course continues in my direction In the meantime, here $ 550 in total in the win, however, it is accumulated with the first trade You have to say that again, here again, a decent push from the market buyers Such situations in such in such trend phases can be very, very nice to use to pull stops Of course, I like to do it like this, as soon as I see the breakout out of the microstructure I pull my stop Of course, I always look at exactly what happens here in the order book where it is pulled, where it is stacked So my actual target was up here, the 82 Here is actually the whole day, these larger limit orders that we could see here And I was convinced in this moment of day that the market participants will at least This order will run for the first time before then really the first The largest, yes, with the first largest resistance since the trading was to be expected But you can already see in this moment where this market volume stop signal has given Come in here directly, also trading and it is directly put into this order Partix over the course, which then also pushes the course down directly Of course, here again a possible spoofing order and I always say When these spoofing orders come in, then look exactly how the market reacts on it Will the spoofer get his will, does he get the course from himself pushed away? In that case, yes, that's always a good sign And we see the whole thing now a bit more from the macro perspective But if you have zoomed in here very, very nicely, then you have seen It is definitely a whole lot on the ask side It was put down all the time, algorithmically on the ask side You can understand that very, very nicely That's why I have my goal directly corrected And under this order here at 81, 88 put down In the hope that I can at least take this profit with me Because at that point it was already clear that here Rather the spoofers take over the rudder and push the course down Now I have corrected my limit order again And currently we see here the push side of the market Spoofers, of course, my trade has no more than too much potential That was the moment when I just wanted to get out But of course I didn't want to give too much of my potential profit Here again, he tries to get over it again About the micro structure Here I thought, okay, now he just has to get over it Then I'm out Now you have hopefully just seen how here the next orders Attention, here on the ask side It is always put down again as soon as the course comes to 81, 83, 81, 84 It is always pushed here again and again That's why I have corrected my limit order now Always further down in the hope that it has to work I have to get the price here You see a tick down again, a tick down again, pulled back again And I didn't get out of the trade to make up for it And then stopped here as stupid as possible That really annoyed me So these are situations Yes, you get annoyed, you get annoyed In a way about your profit trade When you're happy about the money you won Of course you shouldn't Overall, here with both trades A somewhat disappointing $370 profit There would certainly have been more in it Here the situation is definitely a bit unhappy Because as I said, you just always have the push And the disadvantage of the seller on the ask side Yes, my idea was right to get out of the trade But it shouldn't be at this point So overall two more smaller trades But they have still brought a good profit At this point you have questions about what we just said I'll take a look at the special events channel First of all, there's nothing Then I'll take a look at our chat Nothing has come in And then we'll look at YouTube Does the stream also belong to you? Yes, yes Once again, sorry for that I hope that's all going smoothly If you still have any problems Mr. Mr. Hammer, do you want to get out of your trades? So basically I'm just trading futures I'm not trading crypto or other or stocks I'm a futures seller And I would recommend you to first of all To specialize in one market Really get to know this one market well Each market has its own characteristic Each market has different thickness Has different liquidity And moves accordingly Also different trades or just quickly That's why it's important that you get to know one market First of all Later in the course of your trading career But don't take anything else With the portfolio Personally, I'm trading at the current point Three markets, that's the ES I think you all know it well And most of you will But I also like to trade the CL, the Roel, the Future And also the Gold, the PNGC, the Future Those are my three home markets With which I feel the most comfortable I like to trade them in the morning session Between 8 o'clock and 11 o'clock But of course also quite normally in the US In the evening session Are markets that are not too thick Like the Bond Futures That's just... That's nothing for me That's just too boring That happens to me too little Even if it's certainly for beginners Very good markets to get into And to be able to observe the whole thing in order Like I said, the pulling and stacking well But you already need a whole lot of patience and peace To look at the Bond Future, its trading movements On the other hand, markets like the Nasdaq or the DAX Future That's nothing for me That's just too hectic That's just too much action on one Like I said, for me, the ES, the CL And the GCC, the perfect intermediate markets Where you can trade on the basis of Orflow principles that don't move too fast But which are regularly on a daily basis Very, very good chances to find If you're just on your way to the ES And find the life, the job, also completely sufficient Absolutely, I totally agree So many of my colleagues Are really specialized in the ES And only trade this one That's absolutely okay And if you come to terms with it And now it's sufficient Then there's absolutely nothing against it How long is your preparation for the trading day? And when do you start doing it? So I personally am in the first line of the day I usually trade between 8 o'clock and 11 o'clock, as I said I never do more than three trades a day If I did three trades Then it's a party evening If the three losers are there Then it's also a party evening If someone asks now Of course, that comes before If not so often But I really have a strict rule And I have to say That's what happened a few years ago For me, it was an absolute game changer So this moment where I said Okay, you're just taking these two or three trades a day And then it's a party evening You go completely different to the thing You go a lot more carefully to the trading You never come to a conclusion To somehow guess into over-trading I know that too From a lot of my customers and students And of course from colleagues from experience That this setting of a maximum trading limit Trade limits a day Is a very, very important factor for them I can definitely put you at heart Otherwise, how long does my market analysis last? My market analysis lasts, I would say Such a quarter of an hour Up to a maximum of 20 minutes a day I'll show you exactly what I'm doing there That's, as I said, the basic position for my trading style For my trading approach And that's what I'm doing right now Of course, it's very, very routine It's very, very fixed I see my levels at a glance That I need And I draw them in But that's really essential What I don't pay attention to now Are some news I'm not a news trader So of course I look in the economic calendar And see when on that day Some important trading news So that I'm not in the market at the moment But I'm, as I said, no classic news trader That now meets on the basis of this news Some kind of decision making In that sense, I don't have to follow a CNN Or anything like that I'm not going to ask that more often Of course, since then Also interesting for trading education Whether it's necessary now That you somehow run the TV all day And look at some economic news So trading has very, very little to do with it Theoretically, you don't have to be Great for business interested To be a successful trader But if you ask me I'm always a fan of that That you're doing for your field In which you're also somehow professional Is also a certain interest I think that's very important And good So, market analysis We'll take a look at the eS again For that, we switch to the Today night at 0 o'clock I always want to take as little as possible To go to my market analysis That's personally very, very important to me That's why I switch the day No matter when I start my trading session Whether it's at 8 o'clock or at 15 o'clock I switch the current day at 0 o'clock So that I'm not taken into account Nothing from today's day No volume What I have accumulated in some form today But really my levels Only based on the advantages and disadvantages Go The first thing I basically always sign Is the advantage is high And the advantage is low I like to be as small as a little Golden or orange In this case, it's always high for me And turkeys are always the advantage Low That's of course levels She has everyone on the screen She knows everyone And she has of course Of course, every bigger or smaller Handlein in some form in view So otherwise I always position myself very, very much I like to render or edges Or even situations Where prices have been rejected before That's usually the zones Where also great institutional traders The price in some form as too expensive Or too cheap to look at And accordingly, there with larger orders And larger liquidities In large-scale shopping Of course, I don't want to get too deep Into the material And that's of course a very, very complex topic Here I would now, for example Such a zone that I would have a look at I would also like to see such levels In both the market profile As well as in the volume profile I see that personally very, very important Because there is of course Especially in the big prop trading floors Of this world Is the market profile After all, absolute standard The guys look at the market profile The few of them are interested In volumes of many Even if that, of course The much more modern In terms of the market structure analysis Is with which we of course Can adjust our levels of course Of course, can adjust much finer But such a market profile is simply On every big prop trading floor After all, absolute standard That's why I would like to In my zone and my levels That I just draw in Both in the market profile In some form can see As well as in the volume profile So, then I would like to In this area Here I definitely see Again, a bigger introduction We have here the big single print zone In the week Excuse me, in the week market profile Here a little bit The upper limit of this TPO Where, so here, obviously Bigger corners have been put through When the cross falls back there Then very, very likely So that these market parties That these trading parties These big ones will also be defended Otherwise, if we want to Have another level up Then we have to go a little further Back into the past And a little bit further back Into the past What do we have here? Here we are just In this introduction of the TPO Then I would definitely Here we have a very, very long Single print zone That is open here And then I would here So on the lower edge This single print zone Possibly after the next level Look And also that We will refine Something in volume profile Okay, you see exactly That's what I mean Now we are here in the middle In the mountain, in the volume profile Market profile Of course, in this case Very well matched But in the volume profile Just not It's not a zone That I would definitely look at here But it's only up here Then again as upper limit This TPO mountain So now we have a Basic Partition of the ranges In which the market is currently running And on the edges of this range We would like to I would like to In this case, I would like to So look for my trades Let's take a quick look For minutes On The advantage As it is running like this That's the wrong That's the right So So we see here at the Donnerstag Have you certainly all Got along We had a very classic trend Here is the course Firmly exploded After walking up here And then first in the area So between 4060 And 4090 Points again stabilized Then on the yesterday Day Yes, relatively quieter Relatively boring day First of all, a very, very long side range In the course of the morning session Then a little more volatility In the course of the afternoon session That's also a trading opportunity That you could have taken with you According to our system In that sense Greetings to my customers And to my students I hope you were there I hope you were there On zack And took it with me Who just sat on the computer Yes So that yesterday's day is over Then let's see What does it look like today And how does the course So currently on our levels That we just signed here Reacted So that's the profile of today The morning session And we can already see Very nice Okay, the course first Once here Over our level Longer time stabilized Then there were The economic news Courses broken in And the course is spread X-Act on our zone That we just Over our volume and market profile Defined I will underline At this point again We didn't know How the current course The current day is To that point Where we signed these lines The course was set to zero And you see How powerful these tools are If you really turn them on White Who of course in the foreground Already knows Where the course will react with security Where it will possibly talk Where it will possibly come to a break He of course has a huge advantage in the market It is now no trade That I would have taken here in some form Just too much volatility And too little liquidity in the market At this point But you see yourself In such crazy phases React courses Throughout our trading locations And on our levels So again a brief look In the chat At this point There is nothing There is nothing There on YouTube Keep it simple simple Absolutely always Yes What is the connection Between prop trading And market profile The connection is not in this sense But if you just In the google search You enter the floor And you look What the guys have on their screen So the guys in the really big Prop trading floors In London, for example Or in New York Then you will see That on seven of eight monitors Are order books Feel Hang on maybe two more monitors Where somehow a Reuters Or Bloomberg terminal is on it Where news runs through That's that's that's that's in the first line Also order flow and order book traders There is of course a lot Also on market correlations But as good as any of them Just has his market profile open In the main market that he is trading To there simply Similar to our principle What we just did here The market structure to analyze That's just The market profile is just After all the absolute The absolute standard tool Under these big institutional Prop traders The really millions Someday Through the opponents To analyze the market structure And in a similar way As I just showed you Have to find your trading locations And define So a direct connection Of course does not exist there But it is absolute Standard tool and absolute standard And as I said Just look at the google search A little bit I always find that very interesting And I always put that So if now If now Say I'm an absolute beginner Come to me Who Who is interested in trading And who Maybe explicitly For day trading Interested And possibly on youtube Or already Some videos Looked at Has informed Maybe a little bit Read books Or so Most of them Then first of all In some form With a simple technical chart Analysis Candlestick patterns Indicators What do I know And then I tell him Then I tell the people Always look If you Successfully want to be in this business Then do it alone From the logical Go ahead Make sense If you start To orient yourself on What successful Big professional Institutional Händler Do And now not necessarily Institutional Händler But big professional Händler For example On prop trading floors That really Money with this business With this With this Job of traders Earn You always have to be about it In the plan 90 to 95 percent All private traders Lose On the market Money That's not the fault of the market But that's a very linear First The fault of the Private retail traders That all somehow Do the same And in the same hamster wheel Somewhere on the way And in this case If you You want to earn the money Or if you are generally Constantly profitable With this Job of the state traders Want to be Then orient yourself Just from the beginning On what really Professional traders do And to find that out And that was very honest That was also back then That was also back then Somehow my way of going I'm just as started Like every other trader I have it Also for years With some CFDs Tryed And have me Blue lines In my chart Signed And have RSI's MACD's And And how they are not all called In hülle and hülle In my chart window Had And I didn't get On the green two And at some point I just Then I just Just asked this question Yeah, okay, Oli If you don't get on with it And In some form There are people Who obviously Earn their money Then Google it Just once And look at the pictures What do they do then? What do they look at? Do they also have their MACD's And RSI's open And analyze With their charts Or do they just look at other things? And then I just started Such prop trading flaws Somewhere in London Or in New York to Google And have me Have looked at the website Of their pictures And looked at it very closely What do they have So on their New monitors On which they One day Glot them And And That of course For me personally Also a little bit Yeah, put me on the right path Because That's where I first noticed Okay That's not necessarily Classical Good Of course, you know Stakecharts or something like that But that's of course Other things That pay attention to the boys Than I did I did And I actually did that Because That's why I At that time At the end Somewhere on the right path Came And then At the end Then Order book landed So That was now That was now Very Excessive The answer to your question I hope that has You continue to hear So Then we'll have a look at What Bookmap Just has to say here First of all, zoom out a little bit A little bit further So After the big crash After the economic news Before that We have now Here very, very beautiful Stabilized So in a Bigger range Between, let's say 4,010 points 4,050 points Here we can see Before that Here the The big downward movement How before The whole limits are out The whole liquidity is out That's a typical picture What you always see here Before They are all out here With all their orders No one wants to be in the market And then come Just At least five minutes later Back in We then have Here exactly on this level What I just showed you We have caught ourselves here Here you can already see Below the first big orders That have come in here again The first liquidities So in the area of 4,005 points At 4,010 points That would of course be Now a very, very exciting level When the cost would come Currently we are But already on the way again Up In that sense Let's take a look So in the youngest area What has been happening since the market opening At 5.30 p.m. And there we can see the following I'll do it here I'll take the trade finder out here So that everything here Exploded in front of colorful colors Let's see first We have a big fat limit order At 4,050 points That has now even In this moment Where the course went there Is he strengthened That is, there is Some institutional dealer Who is out of it That he gets the fill there That is a very, very important principle In the market theory In general When you see That a lot of liquidity In some area Far from the current course Then you have to assume That this liquidity Always comes from institutional spring Because I say As good as no one from us Has now just Somewhere the purchasing power No idea 290 contracts With his broker in the market To put My broker would say In any case, young man You don't have the margin I'm sorry So So We assume that Such large orders That are already in the market for a long time And that are somewhere on their field Wait That they are definitely Institutional sources So and these institutional guys They have of course At least we have to assume Of course they have information On which we as private retail traders Don't come And if they have such a big fat limit order In the market In the market somewhere place Then they also go out of some reason Of the fact that the market Just comes over there And that must always be aware of you That's why it's here Now I'm going to turn on the trade finder again Is it here for example A very, very valuable tool In the trade finder This imbalance line How should it come Second Not yet Piece by piece We'll have them again There it is again So that's this line Down here When it's in the negative area It's here with me Here very dark blue You see here And in the area where it's white here Is the quasi over zero And is in the positive area What do we say now When it's white Then it shows us that That we have a clear overweight At limit orders in the A's That means we have more liquidity Over half of the course Than under half of the course Liquidity always draws the market Like a magnet on the market Always drives there Where the most successful auction Can take place at the Börse That means of course not that the market Has to rise here for a short time It only shows us that A overweight of large market Participants of the market Who think that the course will rise Because up here they have their limit orders And they are correspondingly Of that they also get their fields So this white line That shows us at this point That we tendentially On the long side Are currently better At least if we're talking about it A trade may be a little longer That doesn't mean for me That I wouldn't go for short trades Or pauschal trades It only means that I'm currently Very, very much more aggressive And would manage My stops would be much tighter Maybe go more on break even Than now on the long side Where I can give my trades more air Where I maybe with several contracts Can also implement the whole thing And have a much higher chance That the course goes further In my direction Otherwise we have here again A larger liquidity at 4,030 points That is also here Can we see very nicely again Increased And that would be the level Where I say here it gets exciting If the course goes there Here is definitely someone waiting On the film If that would be the moment Where I would definitely look in the market Would observe the order flow Then we get the stop run We get a reverse How does the market react After that such an order is filled He takes it afterwards He comes immediately after the buyer Or pushes the market through And stabilizes immediately Underneath this limit order Then of course we can assume That this price range In the broadest sense for our course That it will then return to the resistance Has many reasons It can be at the time For example trap traders Who are caught here on the wrong On the wrong side What do I mean with that Let's take a quick look at the sign If this market participant Who has his limit order For example Very hypothetically Is actually a buyer Who wants to open a long position Then the market comes to this limit order And he gets his fill He is now long equipped But he doesn't get his fill And the market continues to push Then of course he is here With his long position In the minus First of all, very basic We then call him More or less than trap trader Now the course goes even further And the course comes even further And the buyer Who is still sitting here In his long position He notices now It looks good for me I somehow seem to have a blue eye With a blue eye But I don't know I don't know I don't know I don't know I don't know I don't know I don't know Somehow to get out With a blue eye Everything is fine And at that moment When in shape he makes his brake even He gets his position To get some red示 Once he has minus SomeoneARY What does he do Lose If now he LAUGHTER That's the reason One of the reasons Why pullback trades often work very well, and why such thick levels as support can work as resistance later on. You can see the cost has reached a different level here, it immediately increases again. In this case, someone is serious, and accordingly, this is the range in which I am currently seeing, where the music is playing. Here at 4,030 points, there is definitely a lot of what happens when the cost comes there. Apart from that, I personally assume that we will see the 4,050 again in the course of the day. As I said, of course, no trading recommendations in any form. It does not mean that I just want to click on buy somewhere. I want to, as I said, that the cost comes at some form at my locations, at my levels. From there, I have the best chance of risk ratio. From there, I can open my trades at the best and manage them. And accordingly, VWAP is perhaps another topic for itself, but never at V-Pog, where unity is over the price of its trades, but always looks at the area of ​​liquidities, at the runners of ranges in some form. Where the big ones sit, because with them you want to finally position yourself. So again, briefly in chat. Liquidity is also used to press the market in the other direction, right? Yes, that's right. You always have to distinguish between liquidity that is placed away from the current course and may already be in the market for a long time. Such liquidity draws the market like a magnet. Very different relationship with liquidity that is placed directly at the course. Everything that happens in the area of algorithmic trading spoofing. Where can we maybe see that? So orders that are placed in the market in immediate price range and that really just aim to push the course in a certain direction and then simply with the market. We had that very nice in the first trade example, what I showed you, where I ended up stupidly stopped. Where the spoofing orders came in and the course really successfully pushed down. There you could see that very well. I don't think it's a nice example right now. We can definitely look at it in the next session if you like. But yes, throughout. So long-term liquidity draws the market tendentially more like a magnet while smaller orders that are directly at the price range are usually thought to push away from the course. But you always have to see how the market reacts to such spoofing orders. Does the spoofer get his will, the course, what he is supposed to do, what he intends to do or not. These are all valuable information that we can evaluate as order flow traders and of course we can also use our trading. So, otherwise I won't ask any further questions here. In the chat here too. Let's take a look at the special events channel. It has posted our link in a friendly way once. If you are interested in an education, I would be very sorry. I just clicked here on my own. I would be very happy if I could greet you in the education. Here again, a word for you. You can find us at sparing-academy.de. You can personally send me an email at oliver.sparing-academy.de at any time. We have several training options for long-term investing as well as for swing trading with options and of course order flow day trading. We have our own YouTube channel with the Sparing Investment Academy where we are also live more often, where we also have a lot of informative videos about trading and stock exchange in general. And our podcast, the Börsen Schule, is very popular where we also like to experience freedom over our daily life as a trader. I am definitely happy to hear from you. Okay, Bruce, I think we've got it. Okay, excellent. Thank you so much, Oliver. I just wanted to let you guys know I put Oliver's links into the chat there for the Sparing Academy and also his Instagram link. So if you want to reach out to Oliver, also note, this is the last day for our Black Friday. I mentioned it earlier just for those of you who might have trickled in a little bit later. Go to bookmap.com, click on the image here, and it's 50% off for the first month. So this is a great opportunity to try Bookmap. That's why we have it. It also works for the upgrades. So if you have Bookmap Global and want to try Global Plus, this will work. So yeah, thanks, Oliver. We'll do it again in a few weeks. And until then, good trading. Perfect. Thank you, Bruce. Bye, everyone. Bye-bye.