 Hello traders. Hello everybody. JTrader here. Bookmap session. We're gonna start in a few minutes. So welcome everybody. A few minutes to start. We're looking over here at Tesla today. Feel free traders to ask questions. We're gonna go over a set of the rehab today on stocks. Mainly over here looking at this daily level on Tesla. So I'm watching here price section on Tesla. This morning we failed. Key level over here 190.60. In the last couple of weeks we've been uptrending. You can see over here from the starting of March. Major dip in the 160s. Then bounce over here from this main key level 185. Extended to the 208. So I went to touch this previous area of supply. And this morning we're back down to this major dip. You can see over here daily level. What's happening this morning. We're simply down trending over here. So 930 it popped. Was looking to short into this resistance. Didn't get filled. We start seeing lower highs, lower lows. A lot of liquidity over here into the 189. And then setting over here a base. Demand over here around 188. It started to bounce for almost one point. So for counter-trans traders this is a good point over here to start looking for a bounce. But then we broke. Ten o'clock we had some news. Push into this previous liquidity area. Back down over here to the 187. Which is this key daily support level. Okay. So good morning traders. Good morning everybody. As I said feel free to ask questions. What are you looking today? Where are you going to trade? Over here we have an example of a trader in the room. She took a very good trade in the 190s. You can see the pop. She's shorter over here. Cover into these dips. Cover more into these dips. Using bookmark levels. Morning Zed. Morning Vikram. Tony. I'm seeing over here now this daily level. We're having a good amount of liquidity. So we see over here dip buyers at this point. But at the same time I'm also watching yes. Which broke that previous support 41.16, 41.17 came to the 41.14 and now bouncing back up. Morning Steve. Good morning Suiza. So with your strategy work alike on Forex markets. I back tested many years ago before trading US stocks in small case I would say. We're trading only futures cover warrants in Italian market. And US stocks like the big caps. Yes I look at you know areas D, DBPSD, all of this. And I back tested the system on 6B6C. So the futures are right of own currency. And they work very good. So generally what I suggest is to take the strategies that I teach. And then simply learn under the flow how I teach it. Apply them together. Journal your trades. Start practicing demo. And then when you see that you're consistent. You start trading them live. You can also look to take a one-on-one with me or a mentoring. If you want that I follow you on a daily basis. So over here traders. I'm not a counter trend trader right now. Because as I said this morning we had a major unwind. We are below the previous trading range. We can put over here our level. So we broke this and we simply unwind. This is a first support. Like we have a support over here. 185 and 40s. And it's true. We had over here a nice heat map. Just at 187. So at this dip if I'm mostly a scalper I can take a position looking for that bounce. Okay. But this is still not the reversal over here. I will need to see more confirmation on a five minute chart which I'm going to put right now. And seeing higher lows. Is that right now what we're doing? We're simply consolidating at this area. Yes. Yes. Pull back over here to the 4120s. I'm going to filter over here through to some of the noise on Tesla. There we are. Much better. Right. So we can see somebody here was guiding down the price. Absorption. We got very close to this 187. Then start bouncing. New seller over here in the 188 and 20s. So double bottom this sense on Tesla. But again I'm not divine over here. We're still in a bearish structure. What I mean 189 is the first main resistance that I'm watching over here on the chart. So I'm looking at how the price will react at this level over here. 189. If I see some high liquidity then we can go over here and look for a short or at least this is what I'm looking to do. So this morning I was training a trade over here at the Academy and I just want to spend two seconds to explain about risk management. This is a trade that the trader took over here into this main dip. We were using a major level over here on book map. You can see the level of 205 and the trade over here started seeing this girl. We started seeing over here some liquidity placed around 2204 through the field over here is trade. Then we started seeing more liquidity. Consolidation pulled back to this major liquidity 2018. This is really where we want to see the price holding. You can see the previous high now becoming over here support and then pushed over here to 274. So it broke this high. So the trade over here in this case FRGT major win for the day. We were calling this in the room in the exact moment that the trader by me was taking this and why this? Harlow's not fading, getting into the 10 o'clock time, seeing absorption on book map and you can see over here this move. This is your squeeze right? Aggressive buyers over here and then at this point in 1024 simply goes parabolic. It goes from 230 directly over here to 280. The other one though, the one that didn't work. So let's show also this. This is the other trade that the trader over here took and this is IFRX. We can see book map over here on IFRX. So it's very important in this market understanding how to use a correct risk management. I believe that the only way to be profitable is not to have a win rate about 90%. I mean that helps, okay? Or having on every single trade despite your win rate a 5, 6R. The most important thing is having a risk management. So this morning and this is a small cap IFRX. I've been up also. I've been up different times. We traded this in the past. In this morning you can see it's greater that we had this dip at 4025. We started to push over here and it went to 525. So this is a nice move 15-20% in about 45 minutes one hour. I want to go to 845 because it was a setup that we actually missed. So you can see here that we went to a major support, right? So major support over here at this 412, $4. The price unwinds. We have a first bounce. Price unwinds again. We have a second bounce. And then over here we don't see any more sellers. These sellers, you can see here, here, this in 6 minutes. They start over here being all absorbed. And then right away we start seeing like blue dots. In this case these are buyers. And we're talking about this level over here around 415, 420 and 845 time. Look now the buyers coming up. Big buyers. So this move over here went up for 70 cents, almost $1. A small pull back and pushed over here eventually to $6 today. $6 plus. So what happened over here around 945? So we had this price section and this is a nice squeeze, right? You can see dip 540, extension to 585, right away dumped. Then you can see the buyer over here, okay? So liquidity is holding. Wall of buyers over here is holding. This main support 540, which is that pre-market highly area. You start forming high lows. At this point over here at this pop, and on this stuff over here, you can see that it went again in a climax over here. Almost that resistance is 6. Big seller over here plays. Wall of sellers. The trade over here shorted into the 580s. And then it was pretty good in the money, okay? Around $0.35, $0.40 average in the money, which is a good profit. But it didn't take anything over here. We're looking for the low 5. So this is the dip that we had. This over here you can see the major wash. This wash was bought up. So we have essentially a bear trap over here, right? Price simply dumped. Over here we have major sweep. I would say over here, sorry, I would say over here, a lot of sell stops occurred. So a lot of longs over here went out on a stop loss. Bear trap wants to reclaim the 540 level. And again, this 540 level, we are talking about the pre-market high over here. So when the price went back over here to this area, the trader simply stopped out with the minimum loss. I mean, look what happened eventually. This went parabolic, 650s, it halted over here, and then went again over here to 7s. And then what I did, major rock pull over here, exhaustion rock pull, boom dump, and again halted again. So be aware that these trades are highly manipulated when you trade in small caps. So most important thing over here is risk management. All right, any question on these traders? Let's go back now to Tesla. So anybody trading Tesla today, essentially that daily key level over here is such an important area. Looked at 187, new bar stepping in. Moe, I totally agree with you, but I also can tell that there's a lot of big potential money to be made. I mean, look at this trade that the trader took, okay? So 210, it went to 270. So we're talking about what, 30% return in about 30 minutes of work. Now you can tell me, Jay, can you do the same with options on Tesla, for example? And that's fine. But you know, it's also a good asset to trade. If you have, I would say, a good understanding of the manipulation, because when you trade big caps, blue chips, or futures, the price section that we have over there is totally different from the price section we have a small cap. I had, when I started trading small caps, I had to simply study more than one year, bed testing and journaling, every single setup that I was looking at, because these were totally different from what I was used to trade. I was trading FTSE, the FIB, the Italian Future Index. I was trading CL, ES, NQ, some big caps, but nothing like small caps. And I started studying everything out there, really being humble, back to the basis, because I was just interested. I was saying, maybe this is something like, you know, that I really feel like doing it. And eventually it worked. But before being able to trade these profitably, I had really one year of studying bed testing and then finding the setup that worked. And they're occurring again over months and years that they're working. Now, big caps, don't get me wrong, are less manipulated. We have definitely more trends than when we find in small caps. Small caps are basically day one, day two, a pump, and then they dump. Generally 90% of small caps do that. They fail, and day one, day two. Small caps have a small flow, a small market cap. They generally have a big offering gone. They have low cash, possibly history of dilution, toxic companies, so toxic financials. While on big caps, the structure is pretty different. We have a bigger flow, bigger participants. So they're still manipulation. They're still algorithm. But the way that they perform their macro structure is totally different. Okay, so just this I wanted to say. Jay, I'm trading right now small caps, not today, but I'm trading small caps, big caps, and futures. I would say that it depends from very personality. There are traders who like to trade small caps because or big caps, because every day you can follow three, four, five, six stocks, and you can apply the same one or two steps. But then there are also traders, for example, in my room, that they trade only one thing, maybe only yes, or only Tesla. There are a lot of traders in the room that trade only Tesla. Or only the other one they like, what is Amazon? Okay, so personally, personally, I believe that I like to trade more than than one asset. But in order to be profitable, you need only one thing. So being that you specialize in futures, take one big caps or options, take one, or in small caps, just look for that particular asset, you know, like get a gap in crap or pump and dump a day or bear trap long. So those are the main set of that. The market is given right now. So I'm looking over here, Tesla, and yes, why I'm looking at this? Well, this morning, we had, I had on my watchlist, Meta, Amazon, Tesla, and yes, four big caps and futures. I also look at NQ. We had relatively different, so we had different relative strength between Tesla, Amazon and Meta. Tesla following, I would say, pretty good ES this morning. Meta and Amazon was doing a different part section. So they had a different relative strength. Right now, if we see both Tesla and ESR below the VWAP, Tesla over here found that support at 187. As we said, it's a daily main daily trend line. Okay. And we see sellers stepping in. At the same time, ES went below the previous day low, okay, and which was 41, 15, and a quarter, if I'm correct, it went below the pre-market low that was around 41 and 17. So what is doing over here? They're essentially holding that area of support, both on ES, both on Tesla. Now, why I'm not longing over here, because besides of a scalp 187, which is still good, you know, like taking a scalp, I prefer to take the big trend. You know, I'm happy if I take the big trade. So big trade means or you find really a level of confluence where you can simply load the boat and you know that from that level we'll start possibly a trend or you simply look to trade in the direction of main trend. So we are in trading, you have to maintain counter trend or trend following. That's it. Counter trend or trend following. This is for me, what means trend following. Bind the dip and then holding. Okay. Or this over here, this is counter trend. So we bought after a major unwind and then we shorted over here into a fake-out push. So two main ways and you can resume all the trading you will ever do in your life in these two main ways. Counter trend, so reversal plays essentially and that could be pivot rejection, support resistant rejection, fib rejections or trend following, simply following the trend. So once the trend is established on a hard time frame, you end to win it on a lower time frame direction of main trend. Both are, I would say, very interesting ways to trade. Really depends what you can do best. Tesla is giving over here traders a nice curl down. Yes, attacking over here for new lows. So we are trend following right now, okay. We are trend following over here. So we saw the main key area at 187. Now if you look over here at the price action, we had buyers down here. But look also every single pop that is being sold right now. Okay. So we're still in a bearish over here scenario. Lately the majority, yeah, me neither Jay. Lately traders, the majority that I see from traders is that when there is an established trend, they're always that I would say mental imprinting to buy the reversal by the dip, you know, market is unwinding, you have to buy the dip by the dip by the dip. And that really is a wrong mentality because on a breakdown like today, you can see over here, we broke this previous day low. Okay. So we didn't break over here, the pre market low, which is this one, actually, sorry, this is the previous day low, we didn't break this level over here. And right away, it started bouncing. But here we are simply unwinding. If you look at these five minute bars, they're making lower highs or lows. Now it's true, we found a major support where you can scout the 187, you can have your $781 over here bounce, but I prefer to stay with the trade. And I shared with you before what for me is an A plus setup. So this is it. So shorting, following the trend. Okay. This is again another trader shorting, following the trend. This is another trader. So we had this morning in Vidya, bearish, shorting, following the trend. Actually, over here, very good trade over here like this. We hear the long, we hear nothing. This is the other days. Okay, so I'll always be careful to short when we have a bullish trend or too long when we have a bearish trend. As I said, yes, below 41 and 15, my target is 4100. And this I was sharing in the room this morning. So having said that, if yes, we'll continue this on wine, 4100 is the target, we can have Tesla ideally going to 185, which is this other main level over here. All right. So that's my target. 4109. So breaking that support. Now we're looking at, as we said before, 185 and 47. So we broke actually the daily trend line. You can see aggressive sellers jumping in. Once you broke the support. Unlike UJ, I simply love when we have a straight direction, you know, like what was last Friday on Tesla and ES. I love the direction. So when you simply can shore some pullbacks in the direction of the main trend, going down, holding, that's easier. So we can see another good trade over here on NVIDIA. Well done. So again, traders, we got this support over here, right? 186 and 50s. It's a major liquid area, but I don't see on my chart that level as my main target. On my main target, on my chart, I'm looking for this 185 and 40. Okay. So I would say mostly it's just a liquid area over here. Jay, you mean you took some scalps long or scalped shorts? So it's nice traders. If you also interact with us. Okay, so short. Yeah. Yeah, I like the idea. I like the idea. I mean, this morning, we had, look over here, the trend, right? In the last three days, we had a fail over here. We had a fail on Tesla from these highs. Okay, so we had a gap down here. This was Friday. Gap down here. It popped. Rejection failed. Yesterday popped. Rejection failed. This morning, we're continuing with the trend. Didn't even pop. Simply dumped over here. So when we have this kind of price section, which is bearish, we can simply look to short of these pops. Okay, traders. So let's see if we can get to this 185 and 40. But again, for the traders that this morning, follow the trend over here. Once we broke that previous day low, beautiful, beautiful action, beautiful action. So we can see the levels of heat map, right? They don't tell you buy here, buy here, buy here, buy here. There are levels where we have buyers, okay, or covers placed. In this case, it bounce from here, it bounce from here, but it will take small scouts. Well, if you find a trend, and you can short those pops, like Jay was saying, your possibility over here for a major unwind and a major profit, bigger profit is much, much bigger here. Okay, so stick with the odds and try and follow when you have these moves. Remember, the most important key for me is that we are below the previous day low and we're downtrending. So they're getting to this 186 and 50s. I don't see any kind of support dump over here, 186 income is coming and dump almost to 4100 right now on ES. Our target is coming over here, traders. Our target is coming. Again, every single time we find liquidity will bounce. But until ES will fade, Tesla will continue to fail. I wanted to talk also today about AI, AI, sorry, Meta and NVIDIA, but the price action over here is, I would say, very interesting on Tesla. Remember, trend following, that's the target that we would like to see 185 and 50s, 4103 and two quarters over here on ES. What an amazing price action. So again, imagine if you didn't stop on these longs over here, which as I said, there are good scalp opportunities. But remember that when you start seeing them to break, you have to get out. Okay, we are trend following over here. Price action I would say is pretty clear. Each bar making lower high, then we have a first pullback. Second pullback over here is even better, because we have this beer flag, you can see here, two bars pulling back. And then you have also be here, the volume, right, getting lower on that first pullback. And then when we start taking the trend, volume is rising again. So this is just trend following over here. 186. Chairs, what do you think? This is really, I'm asking about, I'm religious. What do you think is that bottom today on Tesla and ES? Because I have this level 4100 on ES and 185 and 47 on Tesla. But we can also start looking if we will continue to make lower highs or lows for more possible targets. So James is saying 4186. Yeah, I stay with you. But let's say we break that, buddy. What are you looking at? I would be looking for this 180. And then this level over here, 176. So why 180? Because we, of course, it's a whole round on a number. We see over here rebounds were rejected. So I would take that into play. Michael is saying 185 and 68. Okay. But in case we break that, what is your next target, Mike? And this would be my next target over here. I mean, if you see something else, just please feel free to say your opinion. McLovin is saying 185 and 40s that has multi-touch pivot. Okay, I see that pivot, buddy. All right, I get it. Okay, I see it. We had even one at 189 this morning that pivot, but it failed and then we rejected. 185 and 50s. So it's getting hotter over here, the scenario. Charlie is saying 183, where there was consolidation before. Thank you. Jay is saying, unless we had a lot of weakness, I think 185 and 50. I'm 495 vs. stuff to break. If we break that past the 180 stuff, because we had a lot of activity there in Tesla. Yeah, it's always hard, you know, like we take a trade, we take a short, like this morning, this was Irish, okay? She took the short over here. It's always hard to, you know, cover everything to the perfect point. I mean, if we would find that out, it would be amazing. And I have a system that tells me when to get out, but it won't ever be the perfect bottom with my full size. And managing the exit is as important to manage the risk as managing the risk is managing the entry. Because of course, we increase profit factor, our return per trade. So we make more money. Okay. And Mike is saying 180. Thank you, Mike. So what I mean is how you, and this is a question that I ask you traders, how you trail, how you set your profit targets? For example, are you scaling out 25% in 25% at key levels? Are you using a lower high scenario system? Are you using, for example, a 90 MA or 13 MA for a trade like many traders do? What do you feel comfortable using? I would say that sharing this, this part of here is very important not for me, but for everybody. And I will tell you if you need what I use, but I'm just really interested in what you're using. 185.4104 here and yes. So yes, they're the same place in the last minutes, but Tesla's still unwinded. So over here we have Jay is saying I'm a huge partial profit taker and I use 20%. Okay. So getting out in 20% blocks, we can say, or partials. Anybody else? 180.450s. So we're below our main target.