 All right. Good morning, traders. Can you hear me and can you see the screen here for JTrader? If you can in the advanced webinar chat room, can you just say type yes, and we can get started here? Okay. Yep. Thanks, eighth trader. Okay. So it looks like everything's good to go here. All right, let's get started. So we have JTrader today. He'll be doing some live stock trading in bookmap here. And we do this every Wednesday. He comes in. You guys know the drill. We have the educational course. We have the advanced forward-looking analysis webinars every day here at 10 a.m. except for Wednesdays and Thursdays where we have live trading from two different traders. We have JTrader on Wednesdays for stocks, and we have Scott Pulsini, futures trader for Thursday. So it's a complete package for your education. You've got the course, learn about order flow in the live market, and then learn from other traders as well. We also have Tom B. Streaming in the the Trader's lab room. So look for that throughout the day. You'll see the the live button just like you see here in the advanced webinar section. So he'll be in whenever he's ready to start streaming. So keep an eye out for that. All right. So JTrader, you guys know his story. I'm going to put the he's an educator and offers mentorship services. So I'll put these into the chat here in advanced webinar so you guys can reach out to him if you want maybe use his services or you have questions for him. You also can get special offers from JTrader here with his affiliate link. Okay, you got his email, his website, etc. All right, let's get into some of the disclosures and then we'll jump in. JTrader will be in soon. He usually comes in about 10, 15 or so, 10, 20, something like that. He's finishing up his own trading room right now. So he always comes in a bit late, which is great. It gives us a chance to kind of recap yesterday and a little bit of this morning today with what's going on within the markets. And then have JTrader come in and you guys are all primed and ready to go. General disclosure, all bookmap limited materials, information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations. Live trading is in simulation demo paper trading mode and strictly for educational purposes. Live trading executed in simulation cannot accurately represent realistic trading performance. So it's important that you know what you're getting involved with in here. This is not a trade copy or room. It is for educational purposes only. It's a simulation trading so that people don't get all emotional. Instead, they learn about how JTrader looks at the market, how he reads order flow and how he positions himself. That's the takeaway to learn about how the professional trader looks at the market and also manages his trades, his setups, his way of trading. And then the simulation, well, our simulator is pretty good in bookmap, but it is still simulation. I mean, it does put you in the queue, so you will have to wait. But obviously, once you add even 100 shares in there or one lot in futures, that can make a difference. So it cannot accurately represent realistic trading performance. Let's go through the risk disclosure as well. Trading futures, equities and digital currencies involves substantial risk of loss and is not suitable for all investors. And an investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security nor lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Okay, so anyway, those are the disclosures. So please understand what you're getting involved with here. It's for educational purposes only. All right, let's take a look at the markets here. We can see, boom, right off to the start here. We're looking at the S&P E-mini. Zoom out a little bit and we were all bearish last week. Well, we're all bullish this week. All right, starting on Monday. I mean, we had the move to the downside and then a massive move to the upside. All right, so we were looking for that on Monday. And then Tuesday yesterday, we weren't quite too sure. It was more kind of a looking forward to some consolidation. And then let's just take a look at our higher time frame here. And on the daily chart, this is daily. Yeah, this is daily here. And we just had this massive wick here on the daily. I need to maybe have less bars in here. Hold on a minute. If I put in 150. Yeah, this will do the trick. Okay. Oh, I'm sorry, was that 1500? That's not what I want. Okay, so yeah, you can see this huge wick here. And then yesterday kind of consolidation period in here. Boy, this isn't really doing the trick either. Let's look at 50. No, I got to look at more than that. We're down below the swing here. That's important. Okay, well 10 bars does the trick. Here's Monday. Okay, the move to the downside. Massive wick. Here's yesterday. And we have kind of some back and forth within this area here. And then today we're opening and we are back up in here. A back above yesterday swing. So interesting stuff. And yeah, you know, we have FOMC later today. So not really sure what to think of the move to the upside here at the moment. We can see that there's a kind of a swing here, maybe looking for a retest back to 44.86 or 87 somewhere around there. And yeah, we'll see if the buyers continue to come in here and lift the market back up into those areas. Let's look at the hourly here. And yeah, we can see the gap fill from Monday. Yesterday some back and forth in here. And then the today we just closed on the hourly chart up above the swing high here. Okay, so that's bullish. We'll see if this accepts or not. We'll look at the order flow in here. What I want to cover though is the five minute chart here. Now we talked about this briefly yesterday. Here's our consolidation period yesterday. Okay, so look at this huge wedge. Okay, now what we want to look at in book map is the order flow at these critical areas in here. Okay, I don't know if you guys saw it, saw the buyers come in here, probably some really strong buying here, probably some flipping of the order book, they're on the offer, they probably pulled, they probably added on the bid, look for this on the higher time frame, look for significant volume to come in here. And then we covered this actually, we were looking for a move, potential move back up into these areas here. And then that would be it though. Okay, just to move up to the top of the wicks here or a move back down into some of these wicks down in here. Well, we got the breakout to the upside and you can see it paused here at this little area, but there is still more buying pressure. So again, relentless on the buy side. And where did they go? Okay, look at the market structure. They went up to this little structure up here. Okay, and that was about it. And then it sold off. Where did it sell off to? Just about where it initiated here. Okay, so when we draw up our structures in book map, we're doing the same process here in this in this chart. Good morning, David. And you can see this wedge pattern here, the breakout, the retest, and then overnight session and the and then, you know, I don't have that data in here, but we can see the cash session and the move to the upside. Alright, so anyway, market structure is essential to understand. So draw up your levels, whatever you might be looking at, if it's volume profile, if it's patterns, if it's, you know, fib levels, whatever. But look at your structure, your bigger picture structure. Now you want to look at the order flow around that structure. And that's the key. Alright, that will confirm your structure or your position or not. And yeah, that's, that's what we want to take a look at. Alright, so we're bullish at the moment. I mean, you can see the move above the swing here, up into high liquidity up here at 4435. And we're getting a bit of a pullback here. Anyway, it looks like J Trader just got in. So I don't know if we're not going to have any time to go through a book map here. We're going to jump right into stocks with J Trader. Yesterday, oh, I do want to cover yesterday the just the recordings of these webinars, because we went over in detail low volume pullbacks yesterday. This is a great strategy. Okay, so look or looking for low volume pullbacks for optimizing your trading. You can find it here on the book map website or YouTube page here. Scroll down live recordings here. You can click on the playlist or you can click on the latest one that is right here. And it's called low volume pullbacks. Okay, so click on that. Some great stuff in here. A look for these low volume pullbacks. We went over it in some detail here. I think it can be really helpful for you guys. Alright, so you got the recording. I'll put it into the chat for you as well. All right. Okay, so let's turn it over to J Trader. J Trader, we're all set. We went through the disclosures and everything and ready to turn it over to you. Good morning, Bruce and team. Can you hear me, Bruce? Yes, loud and clear. Okay, so let me share the screen. Good morning, first of all, traders. I'm gonna over here. Bruce, do you prefer a screen share in screen quality 720 or 1080? Good question. It's not so much about that quality. It's more about the frames per second. Okay, that I can only put minimum 15. That's fine. That's fine. Go with that. And then go with the 1080 if you can. And let's see what it looks like. If there's issues. It's a 725. Let me change to 720. Change windows, screen quality. All right, 1080 over here. So let me know if you see this good. Yes, yeah, it looks good. Okay, so good morning, everybody. Again, very slow day, the last couple of days in a small cap plan. I've been trading mostly big caps. And today I was, for example, on Microsoft, we had also Tesla, Apple, NQES, LICD, BA. So these are the trades that we covered this morning. It was a good morning. But again, for small caps, I didn't see any kind of A plus setup to trade. So we had Xcela, we had VCNX. I was looking also at the X curve here. We had BBIG, which was another of those stocks that gap with the dead cat bounce. But again, no A plus setup. So when the market is very slow, I'm not really looking to trade only because I need to trade. So the first thing is patient and discipline. I explain you why. So I'm taking an example of a trader of last week. He traded two times big caps with our strategy. And two days only, two days only, when we traded Baba and Netflix. And he traded nothing else. Well, he made his good paycheck for the month in two days of work. Okay, so it doesn't mean that you have to trade every single day in order to make money in order to make a living with trading. But when you trade, trade less, but trade better. Okay, that's the point. Now, looking at this morning, Microsoft, I shared also execution before. Let me grab it, the work that we did. So I started taking over here position long, because I was looking for this dip a work a little bit. And then right away, I stopped out, lost one hour here. And then J line rejection over here, I was seeing sellers, I was looking at BookMap for a high liquidity level. I scale in, add it loaded the both in this top over here loaded more covering to the dip. So basically lost one hour made eight hour over here with this first partial re added more after that rejection. So not while I was going up, I missed the top over here, a little bit slow, basically, but I was looking also at Apple and Tesla. This was still like core around here. So trailing the money partial, and then the remaining over here. And then basically almost break even the rest. So this is Microsoft. And Microsoft this morning is gapping up after yesterday earnings. And at the open, we had this pop just near the pre market high and then simply faded. So what I tried doing was to buy this dip looking for a push, but instead we had this on white. So this level of jamers over here 304 started to short. I was looking at the main liquidity zone that we see over here. 305. And then another one over here, you can see 304. And then one more over here 303. So every all done all, sorry, dollar number. And then the last rejection over here that I missed that 303 and 40. While yes, and in QR bouncing, this was simply still fading. For example, like Apple did. Okay, so you can see that today we had one, two, three perfect jail on rejections. Right. This is the easiest stuff to trade. And now we'll see if we have another setup. So probably pushing over here 302, we'll look for a short look at Apple. Remember also today, we have the FOMC at two o'clock. And then we have earnings of Tesla after hours. So I believe that the market wouldn't want won't be trading trending sorry for these hours. And on FOMC day, I'm generally conservative. So even the the amount of trading I want to do is only restricted to the first hour generally. Apple, we had the same pattern that we saw on Microsoft. So I prepare over here book map. And I wanted to show you something. Okay. So once we dip over here into the 161 and 50, this level here 1560s, sorry, we pushed over here to this area of liquidity. Okay. So how to find a level of liquidity is pretty simple. You have to look basically also the previous days. But you can see also needs today over here that we have this dip over here. We have dip over here, dip over here, dip over here. And then this is a pretty good level of liquidity. So that liquid that I see over there, and we have a top of here 163. Also above we have a huge amount of resistance. So this is a nice supply zone. This over here, which is this level over here 163. Over here, you can really look to trade the fake breakout. Okay. Because this is the high fake breakout right away boom down. And then you're looking for the next target on here. Right. So I didn't trade Apple. So but I'm telling you what the system is telling me with the jailings over here for the backside with book map together. Now again, on this, if I'm going to have a jail on rejection, so in the 162 60162 70, this area over here, Apple can be a good rejection level to trade. Market is simply ranging. Because if you look at NQ, this morning, we had an open weakness right away. And we dip into the support. So just look over here in a 50 minute chart. Okay. So we can trace our level of support down here. Actually, I never like to put those level support. I prefer to put zones on liquidity. So this is a nice supply demand supply. Then again, supply supply and over here becomes a demand zone. So you can see the shift, right? How we pass on being a support zone to a resistance zone and then a resistance on resistance against support. So thank you. And once NQ was pushing, then it started to reject over here at 14, 500, and then again into this range. So we need to wait for a direction before trading big caps, all right? We need a direction over here, which we still don't have. Now looking at Tesla, so these are some of the stocks I'm watching this morning. Again, I can tell you it's a very slow day, right? But anyways, we are here over here together. So let's look if we have possibilities or at least analyze the market. You can see that this is my chart on daily. And I trace over here zones of supply and demand. These gray zones over here. So these zones are basically the levels where we had more dips or pops. And we can see, for example, down here we have the main J-Lines 2, right? That we dipped exactly into the J-Lines 2 over here, 850s. And then bounce two days ago over here, we bounced until 960. Going to a one minute chart. This morning, we had almost the same thing as NQ. Basically, we had the fake pop then unwind over here, bounce from that demand zone, curl over here with the J-Lines, push, fake break, and then again, inside the trading range. So what are, what is the plan over here on Tesla? You cannot simply trade, at least this is my way of trading, in a range. You need to see some kind of uptrend or downtrend. So you need an established trend in order to have a low risk rewards scenario, low risk, high rewards scenario, in order to have edge, right? Because if we're going to trade over here, any moment that, for example, we're going to look for a breakout over here, we're going to be stuffed because this is a stuff move, right? And then right away, you're backing the trading range. So you're going to lose over here. If you look at that stuff move exactly over here, 10.07, this pop, you can see over here that push right away into that liquidity zone. Let me zoom in a little bit. So we push in this level over here, 9.63, which was the breakout, right? 9.60, 2.24, right away, stuffs immediately. So this is something that I avoid always to buy breakouts. That's not in my DNA. Buying breakouts was good if you were living in the 1980s, 1990s, that everybody like Barry Rod, Larry Connors, they were buying breakouts, Tony odds, they wrote the stock market guides those years. In this market right now, you have to look for the breakout and then you have to buy pullbacks, like the Ross hook, we're basically looking for high volume zones after that breakout. That confirms that you have still a very used demand for the follow through of the move. Over here, you can see that we pop right away, we fail. So when I have these particular cases, I look to trade just below that resistance level. And this is over here, 9.62. And then you can start looking if you have an increased amount of sellers. So you can see over here, two things. We have huge amount of buyers, right? So you can see that buyers over here in control, at least until this point. And then once these buyers are basically exhausted, we start having a huge amount of sellers. We start passing from 9.62 to 9.56 in a couple of minutes, right? So over here loses six bucks in about two minutes of trading. And we move from this 9.62 down over here to this level. Then we start consolidating over here and we have another leg down. I'm not going to trade over here short until at least the break of the slow. So I want to see trend because if the stock will be like this, that's not a case scenario where I'm looking to trade, that I'm looking to trade. So we have Microsoft, we have SRA. So this is a small cap, but with, I would say, a few red flags in the sense, I'm going to bring up this one second. We're going to focus one second on SRA just to see the stats. We're talking about the small cap traders, right? Even if it's a $25 stock, we're still talking about a small cap gap up yesterday for the first day. The stock has around 90% institutional ownership. So hopefully over here will load. Must be my connection. We have SRA, pardon my error, we have a 38% institutional ownership. We have actually SRA, sorry, it didn't upload. I don't know why it's doing like this. Now it's not uploading. It is over here. It's uploading over here. We see Jivo behind. Okay, so the server here is probably down. But anyways, we have a high institutional ownership on SRA. This means that we have 90% of institutional that hold over here. And we have all these dips into the 21 and 50, 22, they're basically accumulating and then popping over here. So when I see these high institutional ownership stock, it's harder to take a short and being that this is still a small market cap, right? And it's hard to take this for a short because they will trap ideally and then push again. So this morning, my plan was to look for this level over here being that's a gap down play, looking for a pop and feel, but didn't basically happen. And I didn't take any kind of trade on this one. Now we're looking for this level of resistance and then the next one over here 26. So what I'm doing over here, I'm looking for that 25 and 25, you can see whole round on a number is also with a small liquidity zone. And then I'm looking for this 26 where I can see another small liquidity zone. But the volume over here is not high, because we have only like sellers of around 5k. And therefore I'm waiting to stock, I'm waiting for at least an extension to 26 before trading this short, right? Did I want to trade this long? Well, we have the illusion on. So it's not the best idea over here to trade this long, right? I'm trading stats and I'm trading over here my statistics. It's just telling me that in the long term, it's harder to trade these stocks long when they have the illusion because any moment they can dump. So careful doing that, right? Careful doing that. Now, as I said, let's look for 26. So if we're going to have that level, we'll look for a possible trade. Basically, I want to see this breakout. And this is the same exact pattern that we saw just a few minutes ago in Tesla, right? So you can see the things basically repeat. Any question traders? Let's get back to Tesla. So we are still inside the previous day range. We are above that demand zone. Let's look at Apple. So Apple started to unwind and break the, let's say the low of the day, we're going to put Apple up. So we are at that main support zone 161 and 15. You can see we start to see some bounce over here. Question, and I'm going to look for shorter over here, the support. No, not at all. Instead, I'm looking more for shorting pops. Am I going to buy over here dips? No, because we're still in a downtrend from this morning, making lower highs and lower lows. So until I will have this scenario, I'm not really looking to buy over here for small bounces. So no counter trend move over here, right? Well, let's say Apple making higher lows right now. This is what's happening on a daily chart. So you're on the five minute chart when you have also here the daily J-Lines. And this for me is very important to spot. So this green area is one of the main levels that we have on the chart in the last months. You can see each time we got this 163, we basically rejected. So this zone over here is acting is a high volume supply zone, right? Each time over here, we had this level and then basically rejected him down, came down, came down, came down. So again, today we touched that 63, 64 level and then started to unwind. Do I have over here any kind of A plus setup to trade? Well, the first day was trading short. But then over here, we had a lot of inside bars. And therefore, we have no A plus setup because it's inside this trading range. So I'm explaining you how to find the best scenario to trade. Microsoft, we're still far from the J-Lines. Yes, over here is again below the open level. Tesla J-Lines, but basically lateral over here, Apple lateral for now. I still bouncing from the support 161 and 50. Over here, we can put SRA and BBIG over here. But for now, I'm going to keep things pretty simple. So we have the view up in J-Lines over here. So these levels are the ones that I'm watching this and now this over here. I'm going to look this at 162 and 50s. At the same time traders, I'm looking for ESN and Q if they gave me that confirmation. So if we get to that level 162 and 50, I want to see the same time and Q and I want to see also ES, they are basically rejecting. So Microsoft is almost doing the same over here. We have Tesla, SRA, I'm going to put over here and Q still far from the J-Lines. So I'm not really entering down here. Microsoft nothing for now. Apple almost there. I think we can have another good J-Line rejection. Yes, it's still weak. They're holding over here VWAP but they're still weak. Tesla below VWAP in J-Lines. Okay, SRA breakout. Let's start looking at SRA traders. Look at green volume over here passing on the right. Let's filter this at least at 9,099 shares. Actually, maybe this is too much for a $24 stock. We're going to put a $5,000. You can see the amount of buyers that we have right now. SRA technically we had a bull flag from that main support. Now what we said before, we're looking for this 26. I was looking this morning bars on the SRA basically almost every broker has them, have them even for a cheaper price. We're going to break the 25. There we are. First push to 25.50. This area here you can see right away buyer stepping in. And as we said, we're looking for that 25, 80 or 26, where we have the high liquidity zone, right? I'm looking for that level over here to hold the 25. The main level of support is down here 24, 20. So they're trying to hold it. Some seller at 25.10, another one at 25.15. So they're trying over here to put a little resistance above creating a small wall of sellers 25, 25.10, 25.16. So for now seems SRA over here and that's going. So yes, not 89% institutional ownership 79%. And we have also small float. Okay, small float 5.54 million of flow can be five or six, whatever. Finances over here, they have small cash. So when accompanying this case has 97, 97 million of cash for the quarter, and they're burning almost 10 million per month. So we have like 90 months of cash over here. Basically, this is not sufficient for them to live. I basically wouldn't look for any kind of play long because of this net income, which is negative because we have no cash. Also, you can go check and they have the illusion on and the history of the stock is it sells in the first day. So we have three gappers with a filter over here of each gapper being at least 20%. And all those three gappers close red on the day. So that means close red closed below the open level. And average extension. So from the open to the half of the day is plus 4%. So again, it's not one of those stocks that I'm looking too long. Basically, for all that what we said right now, I'm looking more for short, but I'm looking for those specific levels. Again, pullback, no big amount of sellers. We still have trending. So we can switch now this until we don't have that 2580 or 26. All right, let's look at Apple that we have over here a pop into the jail lines, right? And here is totally lateral. So really no trend. Yes, really no trend. So very hard over here to take the trade congestion, laterality. Joseph, I know there's it's a slow day here, you know, and you're looking for your you have the FOMC. The last few days have been some some pretty nice moves, big moves. Just a note, I really like the analysis, the way that you're going through and looking at the fundamentals here, really kind of assessing and your filtering. So it's not just because the stock moved a lot. It's what what kind of company is it? And then that starts to filter your strategies, how you want to approach the trading. So yeah, really, really nice way to top down approach here, very, very clear and objective way of filtering your stocks. Thank you, Bruce. So back to SRA traders. Again, we're going to wait for these pops into this possible pop, right into the 2580, 26. And until that zone over here, I'm staying simply patient. I still don't have bars over here, not because I don't have them, but there are available and even many. So I can take them when I want. Basically, she's still bars on the anti brokers. We have for now an uptrending stock. So every single small pullback over here was bought in, like right now is doing. Therefore, we still don't have a reversal. We still have like no big sellers. Okay, jumping in this one. And you can see that it didn't still give me, you know, that big drop over here, that big sell off. Let's check one second into the filings. So being that we have a little bit of time, a lot of traders ask me if I can cover a little bit of filings. So SRA, first of all, let's look at the four to four B five, which is the description of the offering. Exactly over here preliminary perspective supplement, public offering price. So they're going to basically raise over here 100 million, right? We are offering a gap rate of 100 million shares of our common stock. On January 24, 2002, the last reported sale price for our common stock on the nascent global market was 15.51 per share. Assume a public price of 15.51 per share, we would offer 6.400,000 shares of common stock in the offering. We go down over here, and we see easier. The offering over here, they basically repeat what we just read. Over here, the underwriter can exercise this option anytime within the 30 days from the date of this perspective supplement, right? We have granted on the writers an option to purchase an additional 15 million shares of our common stock from us. The option, right? That option to do that. So we have again, what we said before, our net losses were 69.2 million and 80.9 million for the nine months and a September 30, 2021. In the year end of 2021, as of September 30, 2021, we had an accumulated deficit of $115 million for a company that, if I remember correctly, was around 350 or whatever market cap, right? So they have an accumulated deficit three times more almost of their market cap. Things change if, for example, we go to see other companies. So this is really like a shell company. What is a shell company traders? Anybody knows it. Feel free to write in the advanced webinar, etc. Basic common, mostly offshore, exactly. Exactly. So exactly, Nicholas, exactly. So all these, basically, we have a company that lives through dilution. It's a company that basically is, I would say, looking to do pump and dumps and looking to use the news in order to collect traders. And these traders will basically buy paper, okay? So buying paper, why paper? Because basically, this company is not worth anything right now, 24 bucks. It's not at its price, right? Exactly, exactly, exactly. So good point traders. And you can see these things over here. You can see they have dilution, they have really no cash. So even if you don't have like, you know, a tool like could be actually whatever, you just need to go check the last filings, in this case, the four to four B5. If you don't see in that, then very simple going the last, for example, let's see over here, let's see over here, let's see over here, this institutional, I want to show you where you have to go, just go check in the quarterly report. Of course, that's three day they put out after, but I mean, at least looking already over here, the thank you, you can go down generally for the American company as companies base, you will see right away accumulated deficit over here in the first few pages. And you can see that 915 million over here, right? Negative is between brackets over here. So 915 millions of accumulated deficit, which is very, very high, right? Very, very high. And even if they show you that big over here, you see 197 million over here of cash, but basically you have to compare that cash to over here, where you see net loss and comprehensive loss, they're basically losing for three months, 28 millions. So if they're losing over here, for example, in nine months, 69 million, right? So it doesn't mean that that cash is enough for let's say one year. And when a company has one year of cash left, it's really, really bad. Okay, it's really a red, red, red signal. Okay, issue of common stock from another market offering, net offering cost and so on and so on. So you're already seeing what they say over there, that they have also traders what they had another ATM in the past. Okay, over here, we can see the warrants that they still have. And then you can go check over here, if you go down, we'll probably see warrants. So if you don't want to do what I'm doing over here, you do control F. And then you write over here warrants, warrants. Well, now that they coming out so many, go check the sheet per first common stock warrants over here, they're really talking about warrants. Let's see if they have their sheet. Then I prefer to look at the sheet because it's a little bit faster. You just need a little bit of patience. So warrants over here, okay. Anyways, I cannot see it over here, but generally, you will see a sheet, we'll see the price of the warrants. Okay, so what the price is for the exercise of the words. Okay. Now, getting back to our stock, knowing all of this doesn't mean, oh, wow, it's a company basically is worth nothing. We're going to sell it at the open loading the boat, not caring about the price section, because that is what they want is what they want. And then they are like, trapping you and they're start like pushing their own stock higher. Instead, we have to wait for levels where we start seeing like big hand selling. Okay, big hands are basically the whales. So the 26 over here, why it's a good level in my opinion, to look for a short, maybe, maybe won't go good, right? Maybe it will go 29 before they drop. But we have a very good history in the stock that a 26 was a good level over here where they dumped at least one time and second time over here. Now we can do a little bit more work. We can go back in the past in the previous months and see if, for example, they had another 26 level over here in the past that maybe was a good level where they dumped it over here, right? We had this pop, for example, but you can see no volume. So all of this chart that we can see in the previous months has basically no kind of confirmation, because even if we dump over here from 26 and 50, there are basically no volume that confirms this. And I move with no volume is nothing, right? It's basically like a Coca-Cola with no bubbles. So we create over here another dip, but it's still uptrending. Joseph, I know you need to leave early. So let us know when... Thank you, Bruce. We can still stay 20 minutes good and look if we can have a good setup over here. Thank you, Bruce, for your courtesy. No problem at all. You always give so much in these webinars. Thank you. So let's look at traders at Apple. One main point that I would like to explain over here. I don't know if you can see my chart. Good. So I will try it right now to basically... Okay, enlarge it over here. So this is Apple. Apple with Tesla with NVIDIA is one of my best stocks to trade, because I like started to understand how it moves. So I know how it moves. I know... And I have a very good feel. I know how to react to J-Lines. I know how to react to Supor. So it's like you do something every single day. You go to the bar every single day. You know that that is the kind of coffee that will serve you. You're going to expect every single day almost the same stuff. And the same thing in trading. When you see something every single day and you see how it reacts in a certain scenario with a certain parameters, then you may look for the same exact things every single time. A trader asked me why didn't you trade, for example, this last J-Lines? Because if you know my strategy, it gives me a very low risk when I enter over here. Then we have over here a second zone, maybe a stop, and then a reentry. And then another reentry over here. So four, three good possible singers. And the trade is down. You can see we have like a wedge formation over here. But the point is we don't have any kind of trend right now on ES and NQ. And of course, looking at only this and looking at this spot and looking at this spot, I can see three main levels of resistance, even before, you know, happens. Because what we are calling before, I was calling 162 and 50 remember a few minutes ago, because this is the level that my trading system tells me over here, trading strategy tells me, okay, I'm looking for a possible short. And then I'm looking at every single time at what book map is doing in order to confirm the perfect timing. Because even if I know it's a short, I don't want to short down here, I'm going to short into this area over here, because I know that my risk is much smaller. And for the fact that again, ES and NQ were not giving me a defined trend, then I stood away from trading apple. Okay, this is the one of the main things this morning I was doing. So when I was trading, for example, short on Microsoft, I was looking at ES and NQ that that time they were dumping and NQ was forming a beer flag. And we are talking, we are talking about the first over here 15, 20 minutes after the gate, this is the one we're here. Now you can see the NQ is slide really slowly unwinding. This is the main support. This is 200 exponential on the on the five minutes hard. Tesla is slowly fading into this high supply zone. Let's check again, Apple. So again, looking for that liquidity, let's look how it reacts, right? This is not a trade I will ever take only because we're around 11 o'clock in a non trending stock in a non trending market, right? But let's look how it reacts. So we have a very nice formation over here of liquidity 162 and 20 162 and 25. And we start seeing the first amount of sellers, right? I keep them very small because I have a lot of book maps at the same time open on my monitor. So I cannot keep the dots big for all of them, right? Otherwise, it will get simply crazy. But that's your time enough entry over here. This 162 and 15 exactly over here, risking that 162 and 26. Why? Because we have this small world of sellers, right? We're not talking about 30 40,000 of here big sellers. Now a first main one over here. Yeah, he's a 25 exactly over here. So that is the first level of selling this 162 15 if it doesn't go, you simply cut it. In this case, we have a bounce. So let's see over here if if it's still pushing and where to put the risk, the risk we have to put for example, the previous relative high, or in this case, at the view up over here at 162 and 38. So this is the area to look for short, which is the zero here. And we'll see if it reacts and how it reacts as we had in the in the previous moves. So over here, you can see they cancel all right, that 162 and 36. Remember, we're using this as a risk, which is this level is a risk, which is the VWAP, which is the previous relative high, the volume is almost the same all day long, right? Now they're still making over here, they're still putting sorry, some buyers, but for example, we broke the first support. And now we're rejecting this first support. So we have this possible scenario over here. And you can see the first bar rejected from 162 and 30s. Let's see if you're going to hold below this level over here 162 and 20. 162 and 28. We have a little bit more seller over here. And I always invite you to put a stop loss, for example, hard stop loss, okay, so that you have no problems in case you may miss a lack of discipline. You can see how it basically cleared out over here, the high supply zone dipped, still holding over here this 162 and 20, which is the level of J lines. And it's still a good valley short setup over here until we don't have this breakout, right? On a confirm red bar. So wait for this one minute candle. Okay, confirm right over here. We should see a fatal right now. Why I'm saying that because we had a fake breakout over here. So this is a stuff move, red bar formation. So we have a high chance this is going to break. Otherwise, our risk over here, again, below the 62 and 20. So right now we started to form lower highs. And again, like before, right, we start forming then lower highs. And then over here, you can see that we start forming lower highs at a certain point over here, we held. And then we started forming again, lower highs. And again, over here, we started forming the lower highs. So each time we have really like a push and then a fail, we have a push and a fail, a push and a fail, push and a fail, and then a push and a fail over here. So try to have always two charts, one maybe where you have a 15 minutes 30 minutes chart or hourly chart that basically shows you the previous support versus the levels. And then you put those levels together with bookmap. This is how I do it. And then I have a very short timeframe can be a one or five minutes or three minutes or two minutes, whatever you prefer to spot the timing. And again, all these bars from this, you can see they make higher highs, higher highs, higher lows as well. And then the first bar over here makes lower high. And again, we have the breakdown of the lower low. So when I said, once we break 162 and 20, being that this is a fake breakout, so a possible stuff move red close, we may have the fader. Again, our risk from now, we can bring it down from 162 and 3941 down to, for example, below the break even. So we can risk, for example, the high of this bar. Okay, by doing like this, you basically risk free. And now you can let your trade work. Make sensorators. So this is really the process from how to find set up to trade to how you move down your, how you move down your risk. Okay. Yeah, yeah, real, real clear, Jase. Joseph, just, you know, looking at, again, we cover in all these webinars, looking at your levels that you want to trade on the higher timeframe, and then looking at the order flow around those levels. Exactly. Exactly. Exactly. Nice little move there and Apple. Yeah. Again, a lower high, lower low. So we can see that the price is fading. Good, right? We know that at this level, we had some demand. So 161 and 151, 161 and 60. Again, we had over here with the dip over here on the wash at 161 and 35. So this was an exhaustion of the move. So now we can expect a level of support between 161 and 151, 161 and 60, right? So we have the possibility to go down over here. At the first higher high, for example, we can trail half of our position. So this is how I would do for a very small move like this. In order to lock in at least partial of profits, and then the second high over here would be the remaining trailing in the money. And if we don't go instead in trailing, we're going to look for the first half target over here. So this is the complete breakdown of how to select a trade and how to learn how to trade it. You can see through the first main support level, they start to bounce. Over here, we have the first resistance 162. Yeah, 162 over here, break of that resistance. So remember what we said before, first, our high out, second, our half out the rest, our height out the rest, sorry. And now eventually we'll see if we're going to reject again, and then take another move. Again, this is not one trading style that I would do as the market is not trending, right? So we're really slowly fading. And these are not the set of that I prefer to trade. All right, let's check again, Tesla, SRA. Okay, in the meantime, traders last five minutes together. Do you have any questions? Yeah, I mean, just kind of reiterating, I know, I think it was months ago that you talked about it, but the way that you trade the large caps is so different due to your kind of fundamental analysis on it. And then technically, you're looking for the bigger moves to start to unfold. So you're looking at daily highs and lows to break and confirm those breaks on strong volume. Is that a correct kind of assessment? Yes, Bruce, exactly. Exactly, exactly, exactly. Yeah, I mean, it makes sense. I mean, there's some reason that, you know, a large cap is breaking and some sort of demand or some sort of news or something like that. And then it's such a big ship that you're jumping on and taking it for a ride or as far as you can. These other ones, the smaller, the small caps here, well, if it's a good company or what their fundamentals are, then that starts to filter and dictate the way that you're looking at it. Absolutely. I mean, BXRX, BXRX, sorry, is one of these companies, look at these companies over here, they just like try to push, and then they simply fail down. And then they try to push again this morning, they simply fail down. So we're talking really about cheap companies over here, not worth not even a penny over here. And this is basically the as that you have in small caps. So a few things, the stats, for example, that we had in the small caps since the start of the year track is for all the small caps that we had at least 20% in the gap per that had yes or no, the allusion, but they have, for example, a history of fading or they had fluff news. We had this base on the last test on the weekend, we had 34 gaps and actually, sorry, 36 stocks and 94% faded below the open to a main target of the J-Line. So it's a very big stat, okay, gives you big edge. Understanding for all of you traders that these small caps, when they have certain parameters, they tend to fail and they tend really to die on day one maximum day two. Yeah, that's a whole industry. It's kind of funny. That's how they generate cash. Exactly. Yeah, it's, yeah, they've been, I mean, it's been the pink sheets and over the counter and all that kind of stuff, they've been doing it for years. But now, I guess you really have to know what you're looking at. Absolutely. You don't want to become a bag holder on this stock, buddy. You don't want to become a bag holder. I mean, just look over here, for example, I don't know if you, okay, over here, there was a reverse split. But let's say on something like, I don't know, like this, let's say you buy over here, because that day seems everybody all the world itself is buying this at four, and they traded 175 million and you call your grandma and you tell grandma, please buy some over here at four, this will be like the next BTC or the next, you know, Google or the next Apple. And then like two weeks later, grandma calls you and tells you, how is it going, buddy? And you say, grandma, we lost the house 50% down and then you call even more over here. No, we lost 75%. Sorry, grandma. So careful to long this stuff traders, okay, small caps, 90% of these tend to fail. Okay, like 90% of the altcoins you see out there is just like something that is going to blow up and go bankruptcy. All right, Bruce, need to go to out, you know, for why. In the meantime, I want to always to thank you for holding these webinars. I hope traders that you find it useful, please reach out to me in even in private or right over here in the best webinar, if you have any questions, or if you like the content, if you would like that we cover something else, we do this in order to spread knowledge of really how to day trade and or swing trade and using order flow. So again, thank you, Bruce. Thank you. Bookmap again. Thank you, everybody and see you next week. Thank you, Jay trader. I put your contact information there into the chat. So if anyone wants to reach out to Jay trader, you can, you'll see it there in the advanced webinar chat room. Okay, thanks again. Thank you very much. Okay, take care. Bye