 Welcome to NASDAQ Trade Talks. I'm your host Jill Malandrino, global MAC goods reporter at NASDAQ joining us at the market site in Times Square, New York City, Fasto Puglisi is back with us, he's the founder and CEO of Cyber Trading University and we're going to show traders how to use NASDAQ TotalView for day and swing trading. Fasto, great to have you back with us as always one of our favorite segments where you run through an amazing display of how to use NASDAQ TotalView. And we're gonna go to our first slide here. You know, an overview of exactly what it is. Well thanks, Jill, for having me again. And yes, basically just kind of reiterate, we've done so many times this, but I just want to explain a little bit more what TotalView is. A lot of people still stuck on level two and don't realize that TotalView gives you over 20 times more data. What happens, a lot of people get a little confused when they're looking at all these orders and everything else, but I'm gonna go over in detail, you know, in the next couple of slides, but you have to understand that what controls the market is buyers and sellers and with TotalView, you get to see the open book and you get to see all the buyers and sellers where they're at. All right, let's go to our next slide here and our theme for this month, of course, in January are the retail stocks, because we just came off of the important holiday season. Let's take a look at Coles. Okay, so obviously we spoke last time that retailers might be pretty big. Christmas was a great year. A lot of people did a lot of shopping, but let's see how the stocks are doing. So talking about Coles, I got two basic charts I want to show. So basically we got an intraday chart and we got a daily chart. So being a good day trader makes you a great swing trader, but you gotta understand what happens over the course of the day. And basically the whole idea is this. If you notice on the chart on the intraday and the long-term chart, you got a very big buyers right around $45 a share going into July, August, even to the new year and people look at it, well, what makes that big support level not only for a swing trader, but also very clearly here on the day trade. So if we go to the next slide, how do things go up and go down? Supply and demand. And then when you look over here, buyers equal support. You have a 128,000 share seller just sitting right there. And when you look at this, and when you look at total view, you got 200 shares, you got 300 that 128,000. What does that really tell you? That's a big buyer out there. And that is somebody that makes that is a support level. All right, let's move on to Macy's here. And this is an interesting one to talk about because the question is how much lower can it continue to go? Actually, we're still on Coles. All right. There we go, there's Macy's. But that's the big question. How much lower can Macy's go? If you look at it from a fundamental perspective, you could have a daily chart, a weekly chart to get your different time frames. But at the end of the day, it's gonna come back to where the supply is sitting. Exactly, because there's always gonna be buyers and sellers everywhere. So when you look at Macy's right here, you could see it's trending down. So the first thing people always ask, they panic, where are, where the buyers are? And the problem with charts, Jill, is that people don't realize that the chart doesn't talk back to you. It's the past, it's not the future. So you need to know where the buyers are in the future. So looking at this, you're sitting there, you're twilling your thumbs, like, where do I jump in? Do I sell now? The only thing you have to do, you have to check out on TotalView. All right, and we can see that on our next slide here, exactly where that supply is. Now this is a great shot that I got. I mean, look at this, 322,000 chairs at 1758. You're not even looking at a chart. Right there, you'll notice buyers everywhere. The biggest buyer right now is looking to buy 3,800 chairs at 1785. So the thing is, okay, is 1785 is support? Is 1777 is support? There's only 900. You've got 300,000 chairs, be patient, because that's where the buyers are gonna step in. That's what we call program trading. All right, now our next slide here, we can look at it side by side and see exactly where. Right, so here's your buyer and look what happened when I look at the intraday chart. So here we're day trading, and you could see it right here in the morning. The stock just literally just tanked, but it stopped here for not only for 30 minutes, it hit it, it bounced, it hit it, it bounced, and boom, look at that. It went straight back up. So people look at it like, why did it bounce? Well, listen, if you looked at the total view and you notice there was a big buyer out there, one thing leads to another. All right, now let's move along to our next chart. It's Tilray over here. Different sector, but the same premise applies. When do you look to sell after you've established your bottom? Right, so now this is a little bit more of a unique looking chart. So here we're looking at a stock, TLRY, very popular stock. This stock actually was a $300 stock last year. It was a very, very fun stock, pot stock. But anyway, it's been on a big move the last two days. Yesterday we were trading it, and the whole idea is this. The stock is trending up, nice little trend, 17 to 1960. So if you look over here, what is your game plan? You gotta look for sellers, because listen, it's a nice profit from 1760 to 1960. But the question is, how much higher could it go? You wanna have that game plan. So we change a slide here. You'll notice that there is a 28,000 share. Not as large as the other ones with 100, 300. You do have something there. Remember, sellers make resistance levels. So that would be our resistance levels. And by the way, I've got to mention, not only are they sellers, but there's another very important tool on TotalView. You've got 14 different orders. So people think about like, well, how many people actually out there? That's why the orders are very important, because you get to get an idea of how many of them out there make up that 28,000. All right, now let's move along to our last slide here on TLRY. We can see again the sell orders and exactly how the chart. Right, so here's the same stock. It's the same stock for the day. Now you can see the stock trending up. It hits the resistance level, which was that seller right here of 28,000. And if you didn't have a game plan there, Jill, the stock would have came down and you would have literally lost over 50 cents on that trade. Now 50 cents on a thousand shares, some traders look at $500, $100 right there. But the goal is having that game plan. All right, let's go along to our next slide here because you brought up orders before and you hear this all the time. It's fake orders. They're spoofing and you know, these are just moving the bid and the ask around. How do you answer that question? Okay, so now the question is, well, if you look at a TLRY, well, is it really going down? I mean, listen, sellers, in total view, you can use it two different ways. Not only do you see sellers out there, but remember, a seller makes resistance. But when you see a resistance levels, someone could buy that 28,000, right? Someone said, you know what? I need that stock. Oh my God, I don't need 100, I need 28,000. So first of all, there's no such thing of fake orders, they're all real. But the thing is, how do we know that order got executed? And there's something called check the tape, which is called the time in sales window, which a lot of traders neglect and don't realize it because that's where a lot of the data from a chart gets its data from. All right, and our last chart here, we can actually take a look at that and see where the execution occurred. Right, so here's a stock that we looked earlier. This is TLRY, we saw it, hit that 28,000 share seller and it backed off. And then you could see as 230 came around, that seller got executed and the stock ran from $20 to $2250 within the net, by the end of the day, even going to half hours, how do we know that order gets executed? It's the time in sales. And you could see right there, all green orders, 980, 980, 980, 980, look at all those transactions and time in sales. And that's how you know when you see an order, knowing that if there's an order out there, it causes resistance, but if that order gets filled, obviously that's how they break out. All right, great stuff as always. We'll see you back here in February. Thanks for joining us at MarketSite. Thanks for that. And thanks for joining me on Trade Talks. I'm Jill Malantrino, Global Markets Reporter.