 All right, good morning everybody. This is Jay Today, I'm glad to announce you that we have a Trader here at the academy Jonas we have mama beer So we actually had I would say a good morning In trading if you are in the room, we don't trade only small caps We trade small kids and big caps is a team. We trade together So we trade option big caps small caps and futures Why I'm pointing on Tesla over here because that's the second setup that we traded this morning And this is the first trade that We got this morning I like the fact That we have a volatility in the market So when I have volatility the first thing that I want to trade is high liquid stocks I want to look at the range. Okay, I'm gonna look at the range So starting over here. And by the way, good morning everybody so I I will check first of all the Forecast that I made this morning over here So this was my first forecast on Tesla You can see that we have over here this tight narrow Consolidation right over here and We had this consolidation from yesterday after hours till this pre-market And then over here from the side. So very tight narrow consolidation when I see this I'm not really joining on the breakout. I want to see Or breakout and then I retest and then taking the long or I'm looking for a dip and then looking for a push so adding mine over here to buy a Dip into this demand zone, right buddy? and Then I sent over the plan When it was like my 325 more or less, I will share over here with you traders We can look over here and Maybe as the plan fake out Talking about that We said a TOP probably setting voice But as soon as it came over here the gate at 931 The first trade the first two trade that I said 931 I said NVIDIA short FFT and Tesla FFT 233 and 40 short over here We had the first TP and so we got this and then we got CDIO. I made the all morning commentary on this so The fact that I had a plan over here, but when it comes to the gate, I had a double plan and I started using over here book map from pre-market So I want to read the whole pre-market action when I see the order of flow how It performs and I will do a Lesson for you this morning. First of all on how we traded Tesla Okay, by the way traders feel free to Post your charts as well. I will share after some charge that we did this morning So let's go back over here. All right, so what we see over here is a push Above this resistance to 23. I was watching this to 23 area We have a resistance from two days essentially yesterday was this resistance We had this resistance and to 23 is essentially Over here this level we started at that 223 And we had a small dip and then I start pushing and I had no position over here We are I was not alerting any kind of position. No clue that This was a sorry didn't want to buy this because as I said, I want to see a breakout a pullback Retest and then I take it along. So I'm not really simply by the breakout, which is the first I would say way the big end strap I wrote something on on twitter about this about the The bolt traps and the manipulation in the last few days and you can go check it. Let me Let me see over here if I If I can reshare it because I think it's good. By the way, thank you traders because we reached 40 000 followers So thank you very much. This is also thanks to you This is Jonas this morning breaking his back So, let's see over here. This is how we read it out of flown taz. We posted yesterday, but I want to share with you Okay, exactly this So when you look at the start all right The start is when not to trade breakouts over here. You'll see all the gender here And what I like about this is that you see it goes up. We have a trend line. We have a breakout but this over here fake breakout Is or bolt trap Is a high liquidity area where longs get trapped and the smart money starts to dump So they're actually using so when we're looking traders at something like taz this morning We see this setup And over here, I want to read this Understand this is the first pick That the market has evolved and simply breakout won't work anymore in majority of cases When I started trading not small caps into 2016 17 and it was a Beginner when I was starting to trade 1999 I've been posted traders my my My license that I have from the government the state of San Marino my mom was over here from the 99 doing this that time We had breakouts working especially in the talent market used to buy mega sets generally unique credit Uh and breakouts were working especially if it was a tight narrow consolidation bull flag they used to work Now the majority of the cases just look at this morning. For example at tesla. What happened When you buy a breakout you get killed Or when you buy cdio Even if it's a small cap you get killed So you have to become smarter in trading And I said over here If you're going to trade these traps so the breakouts The smart money is going to set Traps at key level just because they know chase so retailers will buy the most simple setup So if you ask a beginner if you ask somebody that doesn't know anything about trading And you ask them. Hey, what's up, dude? What is the best setup that you know about trading? They will tell you breakouts. Everybody knows a break out um Retailers will buy the break out. So read over here Often fueled by chat food response is true because like many times something like this morning's cdio You will see the Pumpers the newsletters. Oh by this break out is going to be amazing. No, don't do it That's an increased volatility and it's wanted to be like that Because Mars money so our smart money sorry will dump ensuring a low risk high reward Income so actually they use that break out to dump on you if without the break out so without those buyers They don't have anybody to sell and if they sell This will simply drop in the floor But you buy the break out over here and what happens when you buy the break out You have all those breakout traders So you can dump on them the price still stays over there like it supports the sustains And then of course The big sellers are generally the smart money in this case in control boom it will wash out Just like cdio did this morning or just like tesla did this morning So i'm going to put the link over here You can go check it But this I will say It's a good explanation So when this morning over here push I was saying over here, I'm not going to short because I see this I'm not going to short because I see this and actually I had no feelings Okay, even because today I didn't trade I had a trader here with me, but I I didn't have feelings if I had to trade this Because I knew that until I don't have the confirmation of my setup I'm not going to trade it And uh this setup that we saw on tesla over here We've seen a lot of times and the exact entry level for me Is this over here And then Another one over here is this So those are the two level of entry That I will post over here If you are in uh You know team j traders or fft in tesla Okay And what do I see on bookman? First we see liquidity over here supporting the move then I see more liquidity and then I see more liquidity even bigger over here So they are simply Raising the bid and this is a stair step up pattern. So they're trying to control over here the price. You see that is going up But a certain point over here They have a break up to 24. They cannot hold it and we fail below Now my mind tells me There's no reason over here not to think that from this point we cannot push higher So I cannot short over here only because we feel this 224 My level was 223. So 224 is really nothing that I really care about And then we have this lower high And now over here I see another lower high and now I started to think But we have this plan from the Pre-market high that if you feel that pre-market high you're going to look for a short So I start looking over here if I see sellers and I start looking one second also the times and sales I have said this to see the blocks When this comes in 223 30 233 and 20 we alert 223 and 20 we alert for the short and then washed Washed over here. We had a first target 222 and 70 second 222 and 16 And then 221 I actually didn't expect this move down here As a matter of fact, I said over here, we can have a bounce And it bounced a little bit over here bounced like 50 cents Why because we were in this Support here over here 221. You see this was at 934 and 934 is only over here And then over here it bounced and then it failed again And then over here rejected view up over here. I alerted our short So this is the second tray that alerted on tesla And I said one thing And I'm going to explain you why so 956 So this time is 956 you see down below Look 956 Okay, so 956 It's this time over here 956. This is 356 because in europe 221 and 30 so this level 221 and 30 this level I said short I said short VWAP rejection I didn't say maybe it's going to go down Uh, let me see the stars are they're aligning the horoscope. How is today if I want to short it? No, I said short VWAP rejection. Of course, this is something that You have to be part of the room because you have to know how to trade. You have to read the disclaimer You have to know how we trade and this is your account. So you are in control. You have to know what to do it But for all the traders who are in mentoring where follow me Who they're going to join my my prop firm In the coming future. I mean, this is an a plus setup that we trade And this came from 221 and 30 Now it's 2 20 to 18 and 50 Is a nice three points unwind. Okay more or less And over here, I said take out one third Tesla 220.50 Uh trail more Look for 219 and so on That's the a plus setup. Okay That we traded and what did I see on book map? What did I see? So let's go over here 955 And why I was so Convinced about the short why I said short Can anybody answer to me? Why what I saw over here that I was so convinced What I saw Nobody Did I ask a hard question? I think they're really shy Thank you bog for participating buddy Uh, the liquidity. Okay. Can you explain a little bit more what you mean by the liquidity? Because Liquidity we have it over here 221 and liquidity we have 221 and 80 321 Greg qqq rejection. So you are looking at the cues Greg. Okay I like that so one thing is that Greg is right and also bog are right, but I would like that they explain a little bit more about this You know, so you want to say something? Okay James is saying bars getting filled without the move up in a price. Okay. We're getting closer I'm mary in liquidity pulls and reenters when price falls to continue higher Exactly also mary Guys, you're all right, and I love this. Thank you also for participating Um The fact is this I'm not looking at book map to enter the trade Stop with this thing If I do that I sculpt I'm looking at my strategy in this case is a simple Fail Off a demand zone over here. Okay, you see this gray zone. This is the man's zone And when the price goes back into it. So you have essentially what a pullback I'm gonna draw like this This is my pullback Now I shorted the VWAP or the zealots Okay And if this point over here we get to the VWAP And I see the confluence of the demand zone Now coming resistance And over here I see the liquidity on book map that you all said good and it breaks that liquidity but like Jay and amir is saying the liquidity pulls and reenters when price fills So they cannot continue higher So they are filled over here, but they cannot continue higher So I won't trade up here But once I start seeing over here that they are setting off So I start seeing over here this candle breakdown. That's the 221 in 30. They are alerted Okay, so all this is a bull trap. We're gonna call it BT Okay That's the entry timing if you understand this one trade like this trust me you buy five contracts You make 2k for it today. That's it Five contracts you're gonna spend depends on the strike between 2.5 and 5k Not bad spending 5k you make 2k return Okay You want to buy 10 times more good. You make over here like 20k in a move over here of one hour It's true. It just takes time to get to that point. Okay Okay What I've seen is a very simple example And then I'm gonna back or go over here. I see a trader that is doing very good in small caps The trader uh passed from 500 dollar days on average Also with losses, but is you know, the curve is growing growing growing the last one year And it passed to a 1000 dollar We say gains or an average so one day could be 700 one day could be 1003 And I ask because I like to get feedback so that I can tell to other traders how And what worked for him and the trader told me over here that it was not about anything technical The same thing that he trades on let's say 500 shares, let's say in small caps or let's say 1000 shares small caps It's the same thing that trades on 5000 shares The only things that it changes is the mindset Of course, you need a high liquidity stock. You need to get failed, you know small caps sometimes could be a liquid, but he only takes liquid Stocks, it's only about the mindset. Okay, so when you come to the trader don't think I have this mindset. I'm scared to trade high size white size. No once you have your risk set Once, you know, oh today I'm going to risk maximum 500 bucks Once I know traders that I'm going to trade only My a plus setup. I'm going to have rules for this Then you can have a very big return Uh two days ago over here and then we go back in our trade on tesla I I share two traders So one of these two traders is the one that I'm talking about This is the the profit curve over here since February and you can see that we have losing days green days, losing days, green days, losing days, green days, losing days, green days, losing days But that's the curve This is updated the second of november I mean, hopefully it didn't blow up today But understand that the improvements come like this Okay, so even the straight over here start be more profitable a little bit pull back more profitable a little bit pull back more profitable And that's the curve And that's the curve I can share for example many of these these these traders that they're growing Want to store the room because yes, we're very good and I can say and if you're in the room, you know this And the second is because the traders that I take under my wing They must be Killers they must be snipers. They must be traders who want really to work hard I don't really am too sympathetic. I'm not really your friend. I'm your mentor if you want a friend buy a dog I'm not here to teach you how to trade Jonas over here is with me. He's from Germany And this morning we did first of all work out at 7 30. I called them Actually, we had to meet 7 30 at 7 o'clock. I called them j Let's get ready. We go to the gym. We go to the gym. He worked out everything that I did After that we just stretching after did we went into another room And we started doing like some breathing came back shower to different places, okay And we had a morning lesson We did lunch together Also with my wife and my little doggy We did another meditation visualization We did affirmation We emotionalized the goals for the morning Sorry And then we went to trading Do this every single day Create a routine create a process. It will make a better trader so Now we're still shorter here my target this morning You can see it 2 17 and 16. So I'm going to look for tesla 2 17 and 16 and 16 That's my tp on tesla, okay and it's all over here all over here, so we're gonna Review book map together This is 9 31 tesla short over here That's 9 31 That's my alert And then over here in 9 56 So the point over here is plan a Was too long on this plan b too short on fake breakout And what we did this morning plan b alerted 9 31 short tesla And over here again continuation. So second short tesla 9 56 That's entry So over here entry entry And that's our process how we do it Okay, now let's review Over here. I'm gonna screenshot this Let's review a few other things that We started doing today So by the way, I'm glad that if you want to trade options This is the way this is our puts Okay This is puts So you trade only the puts In this case, you can see that the trader longed So bought the put stop and then bought the put sold bought the put sold sold bought bought recycle so so Pretty good work over here Okay, so now what I'm watching We'll probably look for an enter around 220 So let's see if we have that All right traders. So Let's go back now into the trades if you have questions Please reach out. We're gonna look at a few other setups What did you trade today? So I see over here some other trades Thank you, buddy. We love you. We love you. Thank you very much. Let's see. I'm a son so Long over here stop short cover Short cover cover short cover cover. Okay Good work over here Let's see more on cdio Okay, the cdio over here the stuff this morning came at 177 We got the short over here 177 exactly Into this pull on book map. We recorded this in the room so you can see how we Got this for who's gonna Join us We showed it just into this liquidity area The lord came 177 risk over here lower high Then we have the first target here at the 150s And then second target 139 less target will be 126 So we're gonna look for that traders Okay I'm sure again you're sure again. Okay. You're sure general rejection beautiful beautiful So I'm following over here with the trader the cdio So you can see how wippy the stock is We're talking about a small cap small flow small market cap This morning you had over here a big push Into this high liquidity area lower high It came over here to the lower high and faded And now this level over here this 150 became resistance so what we're looking is We're looking for possible shorts over here And looking for this to unwind the volume is low We got already the second main target over here at 140 If you see a setup, please are tesla almost to a setup watching for tesla traders So this is the alert again over here on 934 On cdio So 170 a risk in 180 Time stamps 934 This bar over here is 934. This is exactly the Short setup and a soak on bookmark Exactly that level over here All right, let's look so I will put the recording traders for everybody into the room so you can all see it Watching for tesla Would be a nice three ad short So let's put over here tesla So remember not to trade only follow us if you're not part of the room You don't know the the rules how much we're gonna trade We are really short this morning from here added over here Now we're looking over here at this point 220 if we can look for a short You can see bookmark is still growing over here. So we have higher lows in our highs Still early to short it. Let's wait at 220 Not yet short Waiting Let's go back one second cdio Still waiting on tesla Rejecting part of the j-lines, but not taking the trade yet So you can see what I did over here. They broke down This level They pushed back up I'm waiting still my 220. So I'm still there patient Waiting for that Sorry Teen on okay Let's check teen on traders So I was looking over here this morning teen on And it was a small gapper all this morning holding the g-lines Coming up over here a second time third time the only set Level that we have to short is around three. So I'm watching over here. Our three will work We had also in video I saw over here some good charts on the video. So this is our trader Long stop then long over here And full size maybe a little bit too much over here, you know On an extension, but it worked because it was very strong, but an amazing size And then also this trade over here. Sorry for the small chart shorter stop right away So reverse the position add more So take it one hour stop and then taking I believe three for our win Okay, so don't be afraid often to trade and then cut your position And then take the trade So still with you and tesla. Oh, my wife is here Hello Jay slim Jay slim over here Jay slim traders on tesla Uh poll anybody took that Jay slim? Okay, don't worry if you miss remember that It's important to take one trade per day. So or you took this or you took or add this we cannot trade everything Okay, so it's already two good trades John did you take that? Yeah, waiting for me for now Better taste the same over here otherwise nothing What is good to trade now is just tesla And tesla if you're still holding short from our trade at 223 and 30 And then 221 and 20 Uh, then look for the target 217 Look who's here traders Is the best trader of all Of course for of me Say hi rambo Say hi, buddy Still waiting So I may unwind over here. We are the 23% fib It may unwind but We didn't take the last one Again traders if You like the daily commentary that we have every friday We appreciate we'd appreciate very much if you can put a like to this video lesson and uh Just like support us. You can also subscribe to the youtube channel jtraderco Where I release periodically videos on analysis mindset podcasts with other professional traders or Advanced traders so a lot to learn So across with the trailer. So we have the system to the system one. Yeah Uh-huh. Yeah, so let's see if we have other things moving in small cap land Uh, so we have LIFW we are watching this this morning Uh made the major Explosion over here the volume simply dipped into the j-lines 90 may curl another j-lines curl, so Look over here how many times we have these opportunities. These are all the The setups long that they gave us Tesla pulling back Then we had the second one Was uh end boss Again over here dip dip dip so I would look for a 220 bull trap short. So this is not the j-line curl involved over here We're getting back to tesla Okay, this time held So we held over here the fib level also reverse j slam So I'm looking for 220 pop and feel short Yeah, yes, you can get out when these two cross, okay Oh, okay So now what I like is that we have a liquidated over here and then the participants get more over here present So new heat map over here 219 and 90 I'm not gonna trade until I see that we go into debt and we stall So the shore will be like 290 not 219 and 95 and the risk will be like 10 cents I know that has very small risk for tesla, but that's what I'm looking at Okay, so I'm not gonna risk like 50 or 50 cents one dollar. I like to keep my losses very small when we trade open the risk is wider Because of the wigs so we can have even 1.5 dollar risk on tesla But when we trade these entries generally, they will be between 10 and 70 80 cents the most We did the same thing on yes, so we try to keep a little bit more risk large at the gate this morning for example, he has gave a pretty good along over here into this Dip so you can see the the Jalan curl perfect over here And then we have the Jalan rejection over here. So it worked like in these two ways up and down And NQ was also in play We had a first Jalan curl. So nice second one The third over here were for a scratch and then a Jalan rejection over here So you can see again the levels how perfect they're respected with the strategy So see there over here The only level that I'm looking to trade is going to be this 170 or 180. Okay, so this gray zone that I have over here Do you agree with me buddy? So this 170 which is the pre-market eye or the 180 which is the high of the day So CDIO keep an eye We're almost over there So just you see only for a major Taste the trip. Yep. Yep. Yeah, absolutely agree with you. I think some things will change like We made like these over here So I'm prepared on CDIO I'm gonna write over here my plan You can see there's more liquid over here coming in and I like to see these dots over here I'm looking for a supplier 170 180. So CDIO We have a type two manipulation In this case, we have 170 180 level So I'll look that high liquidity that we have 175 and 185 Only shorting on particular pattern You know what is is the j slam or three-way pattern. So you traders Need to be part of the trading team to know how to trade is the stuffing over here, buddy So That's already over here First Level, okay, that it tells us when seven is working We will need to see over here The close of this bar. So let's see if it close weak or strong For now, I'm still not a short confirmed Sorry moment So this is an amazing tool traders How you use book map And it gives you solid We say entries confirmation So my point is to wait 175 now that we have a CDIO Because that's my high liquidity area Let's look at two second at tesla So if we have the entry Yes, we just got the entry over here on tesla at 220 exactly because that's a bull trap So tesla 220 Short entry and the risk is going to be 220 0.10. Sorry. I was distracted over here on On CDIO But the entry is this exactly the You can see they Claimed the 220 they failed over here giving a failed breakout and then right away. It's coming back down So that level over here is exactly the short entry as soon as you see that fake breakout So you enter like 10 cents below the 220 like two We were saying 219 2 sorry 219 and 90 95 So now I'm expecting the first target over here at 219 This is a good pattern If we're going to have a stop the stop will be small so we can risk exactly the VWAP over there 269 85 so we have that This is the system One right This is the new cross but also using those That's the reason why I did it very nice move over here very very nice move, buddy Careful on tesla So we're getting 219 and 80s And there's a fight over here. You can see that we have a seller above and then bars below So if now we get the step 219 and 60 and it pushes up fast, we're going to risk the 220. Okay So now The risk came 220 so we need to risk very very small because it's holding so good that support over there So 220 goes away 220 220 zero five you're gonna stop it Like a few cents five six cents And remember we had two good previous trades. This is the third one of the day We're getting 11 o'clock It's still a set up that for me can work But we need to keep the risk very small. Okay, it's not being right every single time It's about in this case to have a tight risk But I like the j slam formation that we had traders. I really like it The only thing over here is that it's holding pretty good And that says the stop over here The j slam was perfect good stop Ten cents stop It's all you need So no risk We had already like something like 10 r on the trade before And that's a a good level where we took the stop. So what do you think about meta? Meta So meta we have A pullback over here as well We have an inside bar Could be a nice trade if we break the 316 and 25 316 and 20 It could be a good play over there, but That's it's going. So that's a good stop And this is important show you the stop because in this case And I want to go over this So we add over here I'm going to also put this This is important. So It's in a layer over here of high liquidity as a fib level It's j lines is a level that we don't need map. So that 220 to 19 and 90 it's a perfect level to short Didn't work held very good over here the support Remember what we said if he's gonna hold this Support over here and book map you put a stop break even and you cut it Okay Back below 220 not cross yet We have some support below Setting up for another short There we are that's a short yeah to 19 and 60 Risking over here 220 so we're risking 40 cents We need to see the breakdown of that trend line So you can see now book map how I was breaking over here the support It cleared that liquidity at 219 and 60 at 50 over here more 45 Now we can have a push back to 50 and I want to see a rejection to the downside The reason why it did Is not this No, no until it stays below this 90 may is good, but it has to break the trend line traders So This is in 3b. It's finding some support over here You can see they still put a little bit of liquidity at 219 and 20 But at least we would like to see the 219 Look the volume over here increasing below That's 60. That's our entry timing So it bounced on the trend line cannot break it 220 will be our stop This case will be a loss of 40 cents Plus the 10 cents of before And that will be the last trade that we take for the morning Over here we took like a nice two bucks in another Go shorter here v1 for another two bucks But we break this 220 give a little bit of wiggle room just like a few cents more Then we're going to look for a stop at 220 over here Like 220 zero five to 20 zero seven I'm going to see how the price reacts. Okay. That's a stop over here stopped 220 Or 45 cents stop So two major wins two small losses And that's that's good All right traders, so we have the last few minutes together any questions Uh Good morning Bongani having a setup if I If I understand good to your your question Having a setup is very very important. I mean traders have to create a playbook and You can trade directly only from book map But you still need a playbook something that you know Is going to be your trading that you will see every day For example could be a view of rejection. We said before it could be a High of day break on then you buy the pullback all right And what I believe is that all the big traders and at least all the traders that I spoke with and I spoke with institutional traders I'm also Enrolling in let's say in this case to start a private head funds head fund so Talking with a lot of professional traders Uh, they all have a playbook. They all have a strategy Book map is the tool that helps you in your trading a lot And this is an amazing way to trade because with this this morning we had stocks like I can share over here stocks like for example This which was a short Okay, and we short over here The top and this was thanks to book map All right, or we had for example This other trade over here that was cdio And over here we shorted the top thanks to book map Or we had the long over here on envidia the same We had for example on tasla. This is a put so for unwind so over and over and over We will use book map to give confirmation But first you have to have the strategy so strategy plays An enormous I would say help Okay, so we who about tesla my point is that few Few weeks ago. I said my plan what I was going to be on tesla and I had posted this on twitter you can go all check traders And I said 195 i'm buying 10 swing long and I bought 195 exactly over here 10 swing long The other one I had a 170 and then more one 21 30 which never came So now i'm up like only for 10 around turn 30 points And i'm going to keep it over there because my point is not to cash in 10 percent But it was to scale in and have a position around 150 for a swing turn on tesla Uh this level over here on tesla is a big level of confluence this 218 Because we have a major demand zone, which is this 215 Plus we have two j lines these two levels over here I can tell you they will work very good. Look how many times it rejected, right? And how it bounced over here and now look at this point Those are the key levels that you need to look for Okay, so this morning If I have to tell you which levels are you looking at? Look at all the levels. So we're going to do this clone clone And then over here we're going to do this for the upside So we have a potential bull move coming. Okay, so over here i'm going to write Potential Bull move over here and my bull move will be exactly So i'm looking for this Okay This is tesla traders You're welcome buddy Nicholas i'm trading from the academy here in italy I will be Samarino actually is the republic it will be in the states I'm gonna have a three days new york Live course in manhattan and also a visit to the new york stock exchange. We were invited And then three days in damper in the first days of may So for all the info traders reach out to team at jtrader.co It's going to be with numerous partners, but i'm going to be essentially trading showing And mentoring traders We're going to look at stocks and futures at the same time. So it's going to be live three days all two courses And I hope to see you over there All right, thank you in the meantime for being over here with us today. Again, you can share this with other traders We appreciate if you can put a like share with friends You can reach out to me If you want the comments below if you will like next time me to cover something more If you look to join a serious room where really you can learn I can guarantee you that Check at jtrader.co In the meantime, thanks for the time. Thanks book map and see you next week. Thank you very much