 Alright, could you guys hear me in YouTube 9? Here's my stock by CL, 326 contracts. If you're on YouTube, please let me know if you can hear me. Anyone. Viewler. I see 15 people on here and no one can hear me. Let me know please. Alright, somebody in my trade room, could you hear me on the YouTube channel? Thank you Kendall, I appreciate it. Let's do the disclaimers here. Here's my information. It's a couple city trader, email, what are these, Twitter, Apex Trading, Apex Trader Funding. We'll talk about that, the code for any of the discounts that are going on. It's always Pulsini 50, whether it's the 90% they have now, 90% off or the 50% or the... Anything that they have, Pulsini 50. Alright, let's do these disclaimers and I'll be back in 90 seconds. EDS, commodity futures, derivative, options, forks and cryptocurrencies. This risk can be substantial and therefore investors should be able to consider the financial ability to trade. 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The analysis is such that I share trades that I tend to trade them and take it from myself based on my personal analysis. With all this, we're going to see trades that identify specific areas to trade them to themselves, but ultimately, the decision is yours. The trade is extremely risky, and if you decide to follow my personal trades, you can do so on your own risk, and the decision will not be your entire account anymore. And that is possible when I have routine drawdowns on my trading accounts. The spreadsheet you have access to is my personal spreadsheet, and I use data zone values in my TR values, and I'll meet the exact prices from my trades. You have the ability to copy this spreadsheet and enter your own values and use them to confirm your own prices and to integrate your own spreadsheet yourself. This spreadsheet is not telling you which trades it has, and your prices and stock prices are both long and short positions depending on which trading person you decide to trade. Alrighty. We've got some activity incurred here. Large stops just fired off. Keeping on equities, too. There's been a bunch of stuff right at the open, and it's kind of done nothing. So we'll go back to that here in a second. Let's see here. You had 662 stops incurred. That's a ton. It's five times, almost five times. It is five times normal threshold. So I definitely want to draw that event. We'll be drawing these zones and the basics like we do in all these BookMap webinars here. I also have a hard stop at 10th Central. Bruce and Vadim are doing a BookMap webinar on the sweeps and absorption indicators. So I don't want to go over there too much. So I'm going to go ahead and go ahead and go ahead and get some absorption indicators. So I don't want to go over there time and plus I want to watch it too and see if there's any updates up with this. This is the link for that in the room. Here you can't hear yourself. I don't get it. Alright. So that's the latest event. I think it's something else just fired off here, too. You had bias right after that. So let's get both these zones drawn and see how we're going to trade these. So again, to draw your zones, you have your bubbles up on BookMap. Pull the slider left. Pull the slider left. Have the last price line on your chart. Right-click, Configure Visible Components. Make sure that's checked and then you can actually draw your zones accurate versus trying to draw on the bubbles, which I did for years. So now we will incorporate all the prices that happened in this spike. You can see this market. So here it's like it started down here. You may have to adjust this. NQ stock sell NQ 168 contracts. Alright, we got something in Q2. NQ ice iceberg sell NQ 151 contracts. Alright. So that's the second step rows of the day in NQ. Step rows are sell stops and sell ice. You don't see it very often. We call it the Unicorn that happens very often. It's the sixth wonder of the world. My sixth setup out of my trading setups that I use that my SI indicator course is based off of. Alright, that's that. Let's come back to this in a second. I don't want to miss this NASDAQ because most of the traders that get on these are trading love this. Alright, there's something hitting here. Somebody talking. What's going on all of a sudden? Alright, 775. So it makes this threshold event look tiny. The stop event was threshold was 150 and NASDAQ that was 216 and you got another 700 sell ice here. So this is on top of the one earlier. We'll go over but we'll get this drawn. Alright. So this is on top of the one earlier. We'll go over but we'll get this drawn. Something's going down. Looks like that. I already drew one Unicorn zone. I'm going to just change this. I'm going to make this dark blue. Alright, so everything's just going to fire off at one time. Should be easy to keep track of. Alright, so that's the current zone that just fired off. I usually use dark blues for double whammy so double whammy are by stops here too. So what I'm going to do I'm going to make this one big zone so the whole idea of these zones are you're trying to find these concentrated volume events, aka trap traders and then when the market was out of here you take advantage of it, right? So we did have NQ ice iceberg by NQ 220 to compress. So there's a battle of icebergs, right? So you had 700 ice here, you had another 300 here, you had another 200 here, you had stop runs. One big zone and we'll trade off of that. I'm going to just take this down. This market's trading like there's something out so let's see what's going on here. We're always less to know, obviously. After the market moves 200 points then they come on and say what it was. Alright, so that looks like we got everything. It's a wide zone but we have a lot of volume in this area, right? So let's hurry up and plug this in the spreadsheet. We know it was our exact trading prices. The spreadsheet's part of my trading room. 1507875 If you come in here you get access to this. S&T ice iceberg by ES700 to compress. So what I'm going to do, you guys remember last week I did ES first and I missed a whopper trade in NASDAQ. It was like right at the open. So I'm going to, NASDAQ moves much faster so I'm going to get this and then we'll go over to ES. The bottom of the zone is 1505450 Current ATR 28.82. So I'm using ATR's Average True Range which is just telling you the exact the volatility as of right now in these markets and it's telling you what the volatility is for the last five minutes because I'm a day trader I want to know what it's currently doing so it's rotating about 29 points every five minutes right here. Alright, so for the spreadsheet that we use you plug in your ATR, you plug in your zone prices just make sure that's right with that information everything just populates here automatically. So I know for this to be a short setup which I demand an ATR away from the zone the validation price has to be 2575 so if that market touches 2575 which it has not yet then this is an official bearish setup and we can trade it accordingly. We have a bunch of different trading strategies that we're doing in my room these are a few of them that we're doing, there's many more on the way but Gold stock by GC 195 contracts Alright, so gold's rolling I was sure earlier we'll go over that trade but anyway these are the these are the different trade strategies that we're doing in the room they're all independent you could potentially have multiple on but they're independent so right now we're just waiting to see I don't judge what these zones do until I can get an ATR away from the zone that's just for watching so many of these over the last five years I demand a full ATR if the market could push a full ATR out of this volume event, this dark blue zone then it shows me it's showing bearish tendencies and I will trade it accordingly the conservative trade is waiting for a retest of the volume event which happens with ridiculous regularity and then when it fails again then I get in the trade so I tell you guys every webinar this is the science there's no disputing what happened here with the CME-NBO data the Enance data that you get on the SI indicator how you trade these zones, that's the art so if you're just learning or you understand this I would definitely follow the way I trade these step by step because I have the experience of watching all of these and once you watch 50,000 of these things then you want to come up with your own rules absolutely fine you can come up with your own rules right now if you want but the point is take advantage of my experience of trading so many of these and trade them by the rules that I trade them and then once you get good at these and understand how these markets react and understand that this is the ultimate edge there's no better edge in trading than understand real-time volume events then you can start to curtail it to your own rules so again I'm waiting for this price either this price $25.75 to make that a short setup or if it gets above there $107.50 to make a long setup so we just sit here and wait so what I was talking about earlier there was another step rose so first of all step rose don't happen very often and now we've seen two so and there has been some heavy heavy sell ice actually this is how we got to do ES because ES isn't real close to do or die area too so this was actually buy ice but anyway there's been a lot of sell ice in NQ so that's the big money is not always right and there was a misconception when this first came out where when I first started doing videos these competitors are book mapped there's not really a competitor to book map comparatively but they were trying to discredit what I was doing or they would think I would say every time you see buy ice you just buy and that's not correct we have an actual distinct setup that's broken ice and what's wrong the point is we're trying to find these areas where traders are trapped so yes it's a higher percentage that this buy ice will hold because it's the big money right and the big money pushes the market around they own the markets right so but they are wrong sometimes too because there's time when other big money comes in and runs these guys over right so it's we're judging by how the market reacts in these areas so don't just assume because you see buy ice you just want to jump in on a long we have distinct rules that we use to determine if we want to go home right so that looks like I got that in this was I mean I got both of these and I'm combining these two right so I got 1374 buy ice there and then it came down here and another 864 so you got about 22 2300 buy ice in this immediate zone here the top of the zone is 4417 50 down to 4415 so we'll plug that in our spreadsheet 15 and your current average true range ATR is 4.93 which is not bad considering like yesterday for instance it was like 2 in the morning so that's not too bad means the markets whipping around right so this is an official bullish setup for me right so just based on the volume event this is bullish and then we'll look at where we're at in the bigger picture and these other strategies I used to put on trades but I already know this is a bullish event why do I know that because it hit my validation price of 2250 right here right now so we actually have another trade in the room that plays so we just talked about or just talked about how these markets have a ridiculous regularity to come back to the zone well we have actually have like it's more of an automated trade it's not automated it's going to be automated but point is it's there's no subject of this and this is this part of the spreadsheet so again you guys get this part of my trade room but this would be the ATR short so the minute it gets an ATR above that volume event you short it there's your stop and all you're doing is you're playing for a return back to the volume event and you're out so there's no like questioning um okay I mean well where should I get out the minute it gets back here you're out if you're following that trade strategy but it is it's without question you know my my estimates from watching so many of these it's at least 70% the market will return to the zone what we're working on in the room is what's the sweet spot right is it a one ATR is it a two ATR is it a three ATR so usually inequities ones and twos are the best right then we have some disqualifiers too I'm not going to get in all that because that's part of the trade room and I'm not taking these ATR trades on these webinars anyway because they're too fast and I can't keep up because I'm trying to do the position trading strategies but just know that we do have you know for you scalpers out there we do have um term trades that were that this is already established this ATR trade and then we're also I have this market pulse is pretty incredible I've been just putting examples of my treatment of that that's a really good scalping strategy too we'll go over that if we see some examples here I won't trade those on here because again they're too fast but just know if you are scalping junkie which everyone wants to scalp against computers for some reason then there are options that you can actually compete because if you're trading but if you're trading off this dome send me an email I can't tell you how many people send me emails asking how to trade off of the dome you can't unless you unless you write programs you think you're going to trade this by hand just watching this it's not going to happen guys that's how I made millions of dollars if I'm not doing that it's telling you something right not that I'm the best trader in the history of the world best scalper in the history of the world but if I was still able to watch this this dome and make sense of it and trade off of it I would be doing that right instead of getting tortured with these position trading setups because my brain is geared more towards that fast twitch type of trading right so I condition myself over the years if I wanted to stay in this business I had to get away from that and learn this stuff right and when the bookman came out with this I said that's the best edge I've ever seen and I went back to trading futures so anyway stop wasting your time if you think you're going to get an edge staring at that unless you can write pro even if you can write programs you're going against it's you know it's algo versus algo in this nonsense and it and it's fleeting and it's not real a lot of the size isn't real you know and you can't lean on any prices meaning you know in the old days the yes would be like 2,000 up right and on the offers so if I wanted to sell so say I'm like okay I'm gonna sell right here if I needed to get if I sold a thousand I can turn around and I knew I can get out because that liquidity was there for me to get out of my order nowadays this stuff this means nothing you could see 500 in here a lot of times and it'll come up disappeared right because these computers are playing games that's what this is you see all this it looks like a Christmas tree that's algos pulling putting in and pulling orders so you're you're it's an exercising futility if you're trying to trade off this trade off the depth of market ak don't so that's my first little rant to the day guys we're waiting for a retest of this own possibly go long es see where we're at in mr. nasdaq I'm gonna be nice to him and I'm not gonna call him names yet we still don't know what this setup is let me get rid of some of this stuff too because it's gonna be confusing for new beers so this was substantial at the open this this first step rose again step rose is buy ice and stop runs in the same order I mean in the same direction but this is the newest event I know when confused people so this is what we're watching I want to see how this market trades outside of this so we'll either take a long we're gonna take a short as far as bigger picture views and I'm always looking you know for these different street strategies where we are in the bigger picture you know this this is an important area for this market so yesterday I mean over the last few days this is built balance so what we've been talking about my trade room you should come up with a thesis right so this has happened over the last couple weeks we had balance we had a week balance broke down fail breakdown got through the high volume note of that so the high volume note is where the most trade occurred in a balance area once it gets through there this market should rip for this to be just sitting here now so many times some of the best trades are what should happen what normally happens when that doesn't when it doesn't do that well when this thing finally moves back lower then you get multiple multiples of what should have happened in the first place so this market should have ripped especially these markets we all know trading these markets for the last 5-6 months every move is just countered and does that for this to just sit here it's not it's not showing its hand yet I mean it's still building balance here but if this balance breaks down I'm expecting a whopper move I'm not saying it's going to happen today but that that's just my thesis right I'm a day trader I'll trade both ways even if this say this did break down from this balance area right thesis wise if I got a volume set up that was long I would take long but the point is because I'm a day trader right and we all know the market rotate so I'll take advantage of that but my point is with my longer term thesis if this market breaks down out of this balance after not ripping after that fail breakdown then my thesis is short and then when I get setups to the short side I can trade more size bigger A plus setups right I'll still take longs but the shorts I'll take much bigger so that's what I'm eyeballing right here we're basically sitting right in the zone right at the bottom of this balance so this is either going to bounce off of here and just keep building balance or maybe rip but if this breaks watch out and like I said based on the thesis I think it's going to be a pretty decent setup so and you notice the words I'm using I think I don't know nobody knows right all you know is what's put in front of you a.k.a real time volume and you can trade off that the best you can you don't nobody knows what's going to happen so I got more alright so this is we're still waiting for this retest so here comes the retest of that ES zone and we just got more size in that cue and I want to head back over to crude so let's see did this give an ATR above this zone to make this a bullish setup as well watch a Nasdaq so we needed to see 0.750 to make that a bullish setup that did not get to 0.750 so we still don't know what this setup is these are my rules again from watching so many of these I demand the market can push if it can show me it can push a full ATR out of there that's a bullish tendency it shows me a full ATR this way that's a bearish tendency and then we trade accordingly still don't know what that is we're still waiting ES has already shown it's shown as a bullish event but I'm not just jumping in right especially unless it wasn't a really important area this is not a really important area I mean it's an important area but not for my trading strategies right so we looked at the bigger picture of the bar chart that we're not in any inflection zone actually we are in inflection zone but inflection zones are fake trade so the volume setup happened in here well I'm not that's inflection zone would be a short into that zone and we already know the volume setup is bullish so this is a great example right if I'm just staring at a bar chart I'm like oh I'm going short this zone is very important it's been important for a while we had a gap down here selling tail directional conviction huge gap down directional conviction selling tail selling tail another selling tail so that zone is important so if I'm just staring at a bar chart I'm like I'm going short well the real time volume event is telling me to go long right so that's why yeah I understand these areas but I'm just jumping trades until real time real time volume tells me it's go time right so here let's just see if this two ATR worked as well I don't know if you were going to stop out of the one this is the reversion trade I was talking about first one you would have been in a 22 stop out of 2775 for the one ATR the second ATR you've been at 2625 so there is a way you get both of these ATR trades on and you saw them and stopped out of the first one so the first one again this is this is I'm not taking these trades in here but I'm just showing you the propensity for these markets to head back to these zones so we have a trade based on that so the first one you're in at 2275 your stop was at 2775 you didn't get stopped out and it still still hasn't gotten down here but you're still in that trade you haven't got stopped out and then the two ATR remember I said you know we don't know exactly how far this is going to go before it gets back here but it's a very good likelihood it gets back to the sell then you take the two ATR your stops up here so there's a way right now I'm sure in my trade room there's plenty of trades the one ATR is alive and the two ATR is alive and all you do you're just playing back to this volume of that but then that also will tell me now it's go time to take along if it can do that so for the position trades so hopefully you're not getting confused there's two different trades we're doing so my position trading that's this part of the spreadsheet that's all these trading strategies that will go over on this webinar right that's what I do on the webinars because I can't keep up with the reversion trading but the reversion trade is this and then these are all your prices you just plug when you plug in the zone and you plug in the ATR which we got to keep an eye on you got to keep changing this that's actually right around there then it just tells you your prices and this is more of an automatic trade we are not using subjectiveness alright so we're just waiting now these are that's bouncing around there that's bounced around and queues bounced around this zone so we just sit and wait actually I think I figured out how to turn off the sound here so you guys aren't hearing all my sounds amplified through my desktop so I'm going to turn on tech strike if this gets overbearing and you guys cannot hear me talking over this please let me know or the squawk box the guy is talking that's part of my trade room too if you hear him talking let me know and I will turn it off I mean you're going to hear him talking but I'm saying if it's like overbearing like it was in the beginning because this youtube software amplifies everything alright let's look at the cross track of crude hopefully I didn't miss anything here market post we'll go over some market post examples too possibly if we got time alright so you can see this alright so there's stuff just I'm not going to draw these zones one because there's been some so this is a great example of a day where so you know if you get my course you're in my trade room whatever and I talk about thresholds because that's the most important part because you need to know what amount is worthy of drawing these zones and trading off of them aka the thresholds so you know NASDAQ 150 is a lot ES 150 is nothing so we have different thresholds for each market today's a great example of I would not be drawing thresholds for 100 I wouldn't be doing bare minimum threshold why because we're getting huge size coming through this market 150 is not significant today as of right now if it starts to slow down then yeah but you can see right off the bat here I just deleted this zone not to confuse everybody but we had it had 540 stops over 500 or close to 500 sell ice then there was another close to 280 by ice that's not too bad but then you add on this new step rose here you had 775 sell ice 318 by ice another 200 by you see what I'm saying so you don't want to be using 150 today minimum 200 I would go even higher than that I would say 250 meaning just I'm not drawing well this is 200 but it's in the middle of the zone but meaning if this say this market moves out of this area and we get 160 160 by ice I'm not drawing that zone because I already know this is just like adapting to volatility right days of markets very volatile well you gotta adapt your stops you should be you can't be using you gotta expand your stops and that's what we do but when as if you're seeing excessive volume come in don't use bare minimum thresholds right so this is a good example I would look for at least 200 these are both are 200 but they're in the middle of the zone so I just know this zone is really important the break of the zone is probably going to lead to a monster move why just because there's so many contracts trading in this area what does that mean these traders are invested in this area somebody's going to be right somebody's going to be wrong we're going to take advantage of it hopefully that's that crude see if I missed anything here so this was we had I drew this on and this was 662 stops and then right after that you had another hundred and almost 200 by ice so I'm going to show you a variation how we can trade trade off this first setup and then trail the stop to the second one so the first setup that gas is fine that was that was the number by the way that over in that case a little bit 7026 down to 7010 that's that's the first zone that's that stop run the 700 stop run or 600 stop run so let's put that in current ATR in here is 20.20 you want to plug it in so I'm just using the 5 minute ATR on thinkorswim it's a 14 period while there's the average share range ATR you can see it right there so you can get the setup on if you have different software like Ninja Trader or whatever you have you can set all this up you can set up the same way alright so for this for that setup to be a long setup the market needed to touch 7046 which it obviously did right went up to almost went up to 59 so I know this setup is bullish so I I'm still going to trade so this is this is the conservative way to trade these you get your ATR you get your retest of the volume event and when it moves back away you go long so I got to hurry up and get this in I'm going to go long this is the barf setup this is just a blind ATR retest failure of any volume event which is the most active I will go over that here in a second so my entry price is 49 so this is another thing I'm trading huge size on these accounts right now because I'm trying to get all these live we'll go over that in a second let me just get this in here so I'm going to round up I'll put on 17 barf trade for that entry is what did I say 49 so I'll put on 17 so if this comes up to 40, 49, 70, 49 I'm long then what we're going to do we'll go over the APEC stuff in a little bit but I'm being very very aggressive way aggressive like you should be risking 10 times a tenth of what I'm risking percentage wise so your normal trading if you're trading a real money account you should be risking 2% of your account size on a trade at the most if you love a trade you can if it's an A plus trade like we talked about if your thesis in the direction of the volume event you can go up to 4% but you should never risk more than 6% of your account size in a day that's how you preserve your account right because you're going to have a bad day and if you over trading your account you're going to blow it out these I'm trading excessive because APEX has a 90% sale right now and these things have been kind of languishing especially with the market environment they're kind of just going back and forth and I want to try to get these things live we'll go over the APEX because each one of these has a different APEX account associated to it right because I'm doing this to keep track of stats and I want to have it's just very it's much clearer for my trade room to have each one of these as independent versus me just hopping on webinars and like saying well I like this I like that I like this these are specific trade strategies that we're using right so each one is assigned regardless I'm trading 20% of my account size on individual trades meaning I know what I'm doing there because if I blow it out it's like to do the $150,000 APEX account it's like 30 bucks 3 in this is this here we'll go over this a little later I show you guys this every webinar but I'm doing these here right so they say it's a $150,000 account it's a $5,000 account the most you can lose is $5,000 right and it has a trailing drawn out so I'm risking $1,000 on this crude trade as you can see it doesn't take a mathematician to figure out I have a couple of bad trades I blogged the account but I'm willing to do that because like I said it's so cheap to get another account going I want to get these live it's like or I'm going to bust out and redo them because they just been kind of back and forth lately so anyway I'm long crude so now watch what I do here so this is the variation it's kind of an advanced way of trading these right so I was waiting for the ATR I got it I was waiting for the retest there's your ATR retest that we talk about that's over 70% in my opinion from watching these and then when this moves back out I go along at an ATR just outside of an ATR right so that's where I just got long so now my original stop should be an ATR below here just outside an ATR and that price should have been what it was so I got long at 49 I'm stopping out at 69, 87 I'm risking 62 ticks on the trade this I don't change what I'm risking I change my account size so say if ATR jumped up to 60 well then I'd be risking 154 ticks on the trade and I can only put on 6 right so I tell you guys every week do not put don't trade with static stops where I hear all the time when I trade many I like to risk 3 points to make 6 3 points on a day when ATR is 3 that's fine 3 points on a day ATR is 10 you're going to get whipsaw out of the trade probably 98% of the time so it's like I'm adjusting the volatility so I change my size I'm trading not the risk that I'm taking as far as points alright so what I'm going to do here and I may be close again here is a new event right so I'm going to trail my stop based on this new event so my original stop is going to be an ATR below here on this long remember I got long at 49 now because this is the most recent event you want to default to the most recent event I'm going to move my stop and ATR below this event so let's plug this in and see what that new price is and it's going to help contain my risk and I'm not just doing it I'm not just doing my stop because I want to lose less money I'm trading my stop based on something that happened in the market 7047 down to 7042 let's put that in these markers are still the equities are still just languishing in those zones so we're not missing anything there your ATR is 9.19 so now based on this new setup if I were to go long my stop would be 7019 so now I just save myself like 50 ticks a risk I forgot what that first stop was I think it was 86 so 7019 this is the one issue here it's already pretty much close to stopping me out here with my with my change stop so I'm going to move this down outside the zone because I don't like entering trades or exiting trades in the middle of prior volume events so I'm going to risk an extra 10 ticks a benefit of moving my stop up because of this new stop a new volume event so I should be at 19 I'm going to move it just outside the zone because I don't want to stop out on the zone because these markers have such a propensity to hit these volume events and then rip off that's why we trade the ATR retest failure trade so I'm not going to stop out right in the middle of all these stops why well what is that well guys when somebody stops somebody is sitting in the order with offers and then the market moves higher what are you doing if you had your orders in the order book your offers in the order book and you get run over and it does that you're praying it comes back so you can get the hell out of the trade well that's why I don't like stopping out because this has a very good very good chance of hitting this area and ripping back out of here that's the ATR retest failure that's the philosophy it's based on guys get run over hold their breath you have to puke if it doesn't go far enough for them to puke when it comes back they're like oh thank god I'm out how do I know that because that's what I used to do all my setups are based on my personal experience as a large scalper so that would be pretend this was me I was selling selling selling I got run over it would go this is ES right I was just trading ES at the time it would go against me and I'd be like I have my finger on the trigger if I traded up here I had to get out stop out of them other than that I would wait and if it would come back I'd be praying to god it would come back because I'd be watching my P&L tick down like 200 grand whatever it was at the time and I'm going to show you those videos here very soon by the way not today but I'm going to have those videos on my old trading days you guys will get a kick out of them anyway I would sit there and hold my breath when it would come back where I got run over I start peeling out of my trade so I would have resting bids to account for the offers that got swiped on me and if those don't fill then I turn around and it starts running away then I got to go to market and get out that's what ATR retest failure is right so that's why I'm not stopping out in the middle of this zone I'm going to put it down and risk another 10 ticks and I'll put it at 0.9 versus 19 alright so that stops working at 70.19 I mean 79, 70.09 so we're long right so let's see if there's another trade I could put on the lick trade here too so these are the two strategies I put on right now I already have the bar fun that's this blind ATR retest failure any volume event that gets an ATR away the retest that fails I'm long what else can I take well there's resting liquidity up here too I just didn't see this at the time so if this comes back to 49 I'm going to put on a lick trade too and here's your lick trade you see how I'm doing different strategies here and this is the most recent account that's associated with 58 so I'll put that on as well so remember I'm already filled but I was filled on the first one I wasn't filled on the second one because I didn't see it but until you're filled you should be adjusting this ATR so this entry now is at oh wait this was the this is the second setup so the first setup was 49 so if it gets back up to 49 I'm putting that on aren't good so that's working now too I'm already long barf and then I'll go lick if it trades 49 and then I'll put my stop in there let's see what else is going on surprise surprise I don't know if we've mentioned this this pattern that I've seen 50 million times you got the one ATR you got the two ATR back to the zone there's a way I should already be long I missed this so this was the volume event right here by ice by ice to ATR exact back to the zone now I can go along this ATR this is the barf trade and it might be electric too so back over here make sure your ATR is up to date same 4.93 I can go along in 2325 I can put on 15 MES again I'm risking 20% of these his apex accounts don't try this at home especially if you're trading a real account I mean a live account so this is 2325 let's see if there's any liquidity above we can put the lick trade on as well yeah there's some liquidity it's close but I'll put this one on so liquidity trade I'm literally just playing for the liquidity this liquidity I do not pay attention to you serve yourself well not paying attention to Algoville right liquidity that's been in there for a long time that's the liquidity that I'm trading to and I pay attention to I don't pay attention and this stuff's been sitting in here but when you start seeing these these are just Algos this is why it looks like a Christmas tree a lot of times because Algos are putting in orders pulling you can see them watch they put it in the market gets close to them this is what I'm talking about you can't lean on this size because it gets there and then they ink it and then they put it back in then they ink it they're just playing games with you guys don't pay attention to that as far as a lick trade I'm paying attention to that 2325 so that's the trade and I'm on I just got filled on something so I got so I'm going along both of those barf and lick yeah as I could just still sitting in this zone so we're still waiting to see what this turns into and I think I just got filled I got filled on my lick long as well in CL so I've got two strategies long CL based on this first event I trailed my stop to the second event that we talked about and if this market trades 23 quarter it looks like I should have already been filled but I'm not going to get in here I get this question all the time I trailed them they're like because a lot of times I'm on these webinars on one screen and I missed the fill so I should have already been in this trade right there they're like well if you can get in it if you should have already been filled why don't you get in right now well because there's something in me mentally it was like hey maybe I got a break I got lucky I didn't get filled and this thing does that then I say myself I'll lose it right so I'll go long I should already be long put it that way so if it comes back I'm going long barf and lick in there and then we watch NQ see which way this breaks this may you know these markets may sell off and then I'll have an opportunity I got lucky and didn't put on the long and yes and I could put on a short and that's it and I'm telling you this is a very important area for these markets and as I get trying to peek it through right now the other thing we want to look at is what does relative volume look like right because if you see the relative volume spiking you know the big money starting to really play you see that with the icebergs and stuff but you really get to see it in the relative volume overall when this thing starts to spike so this is a relative volume chart you can see pre-market those early morning numbers relative volume is spiking quite a bit right so this is its own SI like this is just like we use the SI indicator this is the same principle right these are loaded up traders from here to here granted yes 25 points somebody was selling this heavily well somebody's selling there's got to be somebody absorbing it so somebody was buying it passively either way this is your mind in the sand this is like your bigger volume event that we use the SI so my point is these are the lines in the sand pay attention because when this market breaks this way all these guys that bought are going to start to puke that's how you have to look at it you don't know exactly what people are doing here I don't want an email you don't know if they're trading options and hedging or they're getting out of positions you're never going to know so why are you wasting your time thinking about that all I need to know is there's a lot of volume in here and I know all these markets trade with these areas and you just have to assume traders are wrong and they need to get the hell out or traders were wrong they were short they were aggressive short they need to get the hell out so the main break of this area is important and you're going to see that's pretty much this balance area right they're in right now so that was pretty much 44 35 to 40 down to 44 10 what's the balance area right there this is a regular trading in hours so you don't see that move up overnight that's basically this entire balance area right and then we know yesterday there was huge volume in here huge icebergs tons of cell ice right at the open there was like 5-6 thousand cell ice at the open and there was more and there was more at the end of the day whatever way this area breaks and I already told you I have a bearish lean right now if this breaks down out of here I have a very bearish lead but ES is right in the middle of it and Q is trying to break out of it right now so this is going to probably get interesting and this may turn into a bearish event so I never got that long on an ES that was just basically lucky because I should be long there but I'm definitely watching this to go short so let's see if this was what's our ATR price for an official short first of all you want to check your ATR it's up to 30.61 now so to make this a short setup ES has touched 24 not there yet trying let's see what this looks like this is the market pulse indicator so this is like an audio alert it's like an enhanced version of the tick strike so again guys everything that I talk about it's all on my website I just got stopped out of crude that's what that was so I stopped out of both those trades in crude anyway all of these book maps you saw the Apex discount it's about Gamma the Hero indicator you get an extra week, tick strike is this very important and the market pulse is basically it's tick strike on steroids and then traders think that keeps track of your trades so maybe we'll go over some of that stuff that continues to be dead like this alright we still don't know what that is I got stopped out of my crude longs which sucks but that's where it goes and I did this is the whole point right trading is probabilities that's what we're going right now because we do it every webinar because this is the most important thing this is another part of my trading this is directly out of trading in the zone you're identifying edges the edge the best edge I've ever seen like I tell you non-stop is the SI indicator in the real-time volume that's right you have your predefined risks so this is exactly what he has in this book and I just put in my own stuff and then these are areas I get paid in you're he has an exercise that we did this is how the ATR reversion trade was made because I kept saying wow these volume events retest 70% of the time so I've said it about a thousand times so I'm like well why don't I take advantage of that retest of the zone so that's how we came up that trade just to prove to my room if you have something with an edge and you continually take it that's how you make money trading it's probabilities it doesn't mean every one of them works in any trading strategy right you're just putting the odds of success in your favor right and if you can think about the trading in the appropriate manner the five fundamental truths you can do everything you need to do over a series of trades so if you have an edge over a series of trades you will make money if you don't you won't if you're random and one time you take it another time you don't you won't like that's most traders right then like a casino you can own the game and be a consistent winner there's the five truths anything can happen you can have the best trade on it put on two trades yesterday during clown nose Paul talking got stopped out of both of them anything out of his mouth can just rip the market the other way right so anything can happen so you put on a trade you follow your rules you put your stops in and you just realize anything can happen flying around we go over there and possibly you don't need to know what's going to happen next in order to make money you're not going to know what's going to happen next right so all you can do is find your edge put your trade on and follow your rules that's all you can do this is the biggest one there is a random distribution random between wins and losses for any given set of variables that define an edge meaning you're going to have some losers so my point was where I got on this tangent and every market my remote market is unique is because I took that loss and crude that sucked onto the next one onto the next one I know this is the best edge it's like I know over a series of trades all these trading strategies will be winners right it doesn't mean I'm going to have talk about this every week too your P&L is not going to look like that I'm trying to switch colors it's not going to look like that right maybe for a day maybe for a week if you're on fire but other than that it's going to look like that right you're going to have drawdown that's an edge an edge will keep moving higher you're going to have drawdowns AK losses so don't panic that's why you need to be trading the appropriate size because if you're I just lost 20% of my account size and that's fine they got to sale up till July I think it's July 4th or something it's 90% off I'm just going to reload them but the point is if you're trading too big you're going to blow out your account let's see what's going on here this never I still don't know what this volume setup is and I still have my lungs working here by the way for for ES so say I did get filled I was supposed to be filled here right this is exactly why as you're seeing I should have been long there I just didn't get over here quickly enough actually 23 quarter I should have been long right but when I get long there my stop is not some random place in the middle of Algoville when they know nothing is going on in the market my stop I force these markets so even if this comes back now my stop is going to I'm forcing the market to get back the full ATR get back through a volume event which is the most important then trade through another ATR outside of the event and then I say uncle I'm wrong that's a lot to happen for you to be wrong and that's why I do that because I know people get on these webinars mumbling what the hell like for instance look at this risk here in the ES if I get filled at that 23 25 price this is a little higher because the ATR has just gone up we're going to have to move these up a little bit actually that didn't change I'm risking 14 ES points on this trade people are like well I don't want to risk 14 14 points well that's crazy I risk 3 the market does not care that you that you want to risk 3 points the market cares about volatility in volume events so stop putting your stops at arbitrary in arbitrary areas that it doesn't it means nothing in the market your stops in areas that mean something to the actual market so that's why I will get long there and my stops way down here trust me if the volatility first of all the volume event is the fuel in itself so that's telling me the market could really roll if it gets rolling in my direction and then the ATR is just telling me oh yeah I'm risking 14 points well I have a good chance if this thing gets rolling I can make at least 14 points so a one to one trade probably 28 or 56 right this is inherent in what we're doing because all these traders are loaded up when they go to to peel out that's what causes the outsize moves right so stop putting your stop orders in random areas or static you're always risking the same amount alright I take a breath you guys got questions throw them in YouTube please we only have five minutes I want to get on this webinar too so there's really been nothing doing just that loser and loser and crude and I still I'm thoroughly convinced the move out of this area where now that's going to be the move of the day right so we'll get more in the size here so it still isn't a bear set up though I still need to I still demand from the way I trade from watching so many of these I still demand that this market touches 24 before it shows me it's a bearish event right so let's just watch I still have my lawns working here in ES so I still may go long so hopefully we'll get a trade on before the end of this webinar but so I don't know what NasX doing yet until we can get out of that zone either way and I already know this is a bullish event because I was able to push an ATR now this comes back I'm long I should have already been long like I said I just missed the trade because that's what I do on these webinars because I've got so much crap going on Joe Dallas do you think consistently profitable edges exist without really real-time buying absolutely not yeah I mean I shouldn't say that yeah you can have an edge I shouldn't say yes you can have an edge there's things that work like I know there's an edge in the so these are my inflection zone so check strike that from the record I didn't mean absolutely not what I mean is there's an edge in these but your edge is much much much greater and I'm talking any any indicator or anything you're using right if you understand what's happening with the real-time volume at that area see what I'm saying so I say it all the time you may be a profitable trader there's plenty of profitable traders that don't use real-time volume could you imagine what they would do if they had real-time volume and they understood what was really happening right at the moment that's my point so I did not mean there's no edge in other things there absolutely isn't any other things I use this is what I you know used to look at before book map right I didn't have a strong edge that's why I was not out of trading but I know these volume event are these areas like these easy zones and you get these from my trade room as well I post this every morning for my trade room members I know these are important areas but what I always wanted to know is like okay yeah that's an important area well why when it come up save right now comes up here and rips right through these and I'm like okay so why didn't they hold this time the reason why they didn't hold is because of something was happening with the real-time volume right so that goes for what you're looking at if you're looking at Bollinger bands of Ludwig levels so we haven't really gotten into these today I wanted to put that in my spreadsheet these things are just asinine ridiculous good right so the second most powerful thing but I don't this is an edge inherently too if you just trade and this is what she's done for 15 years all the members she's been around for 15 plus years right all the members of her of her software they would just literally like fade these blindly and there is an edge in that right you can make money just doing that there's a better edge waiting for a distinct volume event aka the slug that's this one stop running a major lug that's a better edge right meaning I'm using a volume event at an important area right and think think about the slug think about what a slug would be so we already know these if you guys don't know first of all here's a website because you guys don't always I must be mumbling when I talk about this it's Ludwig levels LudwigLevels.com you go here you can get a 3-day trial to check them out and you'll be blown away just like everybody else is when you get them name, number and put in the comments you saw on the bookmap webinar and she'll give you a special pricing right so so a slug now think about it stop runs are usually just retail trader pukes initiative buying like the big money is buying we do have a setup for that too it's a stop and roll when you get a stop run and then the big money comes behind it but inherently stop runs are just pukes so could you imagine these are this is already an incredible resistance area and then you get a puke that's not real buying and then it fails how good of a setup is that so this is my point yes market profile the same thing these tops and bottoms of these market profile that's an edge to trade there too but your edges I don't even know the percentage greater if you have if you know what's going on with your real-time buy right so that's what I meant by that Dallas why not use a fib tool of ATR size project 100% 200% you can try that if you get you find something come in my room and point it out as I'm always willing to listen if you are a trader an actual profitable trader or a trader that actually wants to get better you're always open to new things that doesn't mean that there's a fine line there right most traders are over the top with that where they're like everything they see they throw on their chart and then they've got 85 things on the chart and they can't make a decision I don't mean that right so even for me to even implement these lugs this took me months I had a guy in my trade room that made that I had mentored he was trading micros and then within like six months he had made like 1.5 million dollars trading off the lugs in the volume of that right so he kept telling me these lugs would love us they're the best thing I've ever seen you gotta check them out you gotta check them out so then I looked at them and I didn't just implement them right away I didn't talk about them on webinars I watched them for you know four to six months I actually wasn't on them it was about four months because I saw enough like after the first week I said like these are ridiculous but I didn't want to I'm not I'm not introducing anything in my personal trading on a whim I'm gonna watch them for for a long time and be like okay there's an edge after watching these I'm like these are coming these are going into my trading right so you should I'm always the point is the fib thing I'm always open for open and something that I didn't see or something I don't know about maybe something I don't even know about it's from old school watch the book you'll understand the quote um but I don't just throw stuff on my chart so the point is yeah that might be a great idea test it out let me know your results come in the trade room throw it out there that's another great thing about my trade room people are always throwing out ideas right so this is my trade room so I post in here when I see I mean look at this you get you get just box a very good trader in there right and you just get people throwing in ideas and hey there's a setup and there's selling box being alright there yesterday on apex right he's got like 85 apex accounts just curious I think the max is 20 point is you're gonna get a lot of a lot of good ideas where things come to you you're like I didn't I didn't realize that I didn't know that existed right don't implement in your trading right away but start to watch it so my point is if you got a great idea hop in my room and let's talk about it alright any other questions I'm gonna hop off because the book map webinar is starting let me see if I get filled on any of this quickly I'm not a guest today talking it's like I've talked straight out of breath so no fill yet back here on the yes I will go along with Chase 23 quarter Joe Dallas thank you very much I have a very profitable strategy I was looking for ways to increase profitably well I can promise you if you understand what you're doing with these volume events this will increase your profitability because this is this is the edge this is the best edge you can possibly ever use and then it just use them in your areas to enhance and you're going to start to understand why you're registered your is don't work sometimes that's the key right you're like oh crap this didn't work this time then you go over and look at the volume I'm like oh that's because that was a bearish volume right it is this is why I'm doing this is to show you this is how you're gonna compete with the man this is how you're gonna compete with the with the Christmas tree algos there's an 85% of the market right that's how you compete with this stuff that's how you compete with the big money knowing what they're doing right this is showing you what they're doing these are supposed to be hidden they can't be real happy that this is being broadcast right so if you understand what the big money is doing how the algos trade like back to zone stuff like that if you can't beat them join them alright short webinar today nothing really happened in any way I'm gonna hop on I posted that link for the Bruce they're going over the sweeps indicator and absorption indicator sweeps indicator is these are these black dots on here black and white dots really important to know these areas where guys are swiping like you can see someone came down here this is this is an edge in itself right like I'm not drawing these zones per se yet but you see here someone came in and just swept 2500 2500 contracts how'd that work out for well look at that you ever see this routine right back to the area of reverse and this is not this is separate from the sell ice so this is where you can get an edge here so that's the webinar that's coming out that's part of global plus highly recommend you get both global plus alright guys I will be next week's actually gonna be a traveling kind of like late night shows travel to different cities I'm gonna be in Texas next week for my daughter's national golf event so I'm gonna be doing the webinar from a hotel room on a computer with a few monitors so that should be interesting I will see you guys next week I do this twice a day in my room every day head on over and you will learn things that you never knew existed I can promise you thank you see you guys later