 Good morning traders. Welcome to the book map live order flow advanced analysis webinar. This is Bruce at book map Wrist is kind of your trading futures equities and digital currencies involves substantial risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results Okay, so today we have a lot of guests in the room. So welcome from the previous webinar and what we do in this advanced webinar is Look directly at the order flow and go through as many examples as we can it supports our educational process There's educational course But this webinar goes through the same content, but in the live market And then we are not analyze the what we see in the order flow on all time frames And then start to look or anticipate where price might go based on our analysis All right, so we usually usually jump right in and we go for about an hour or so And really get into the details here. All right. So anyway, let's um a step back here We always take a bigger picture approach and see what's going on And we'll start here. I guess I've been doing this regularly here just because the daily chart has been in such a good play here um Daily chart just getting up here and starting to test some of these this the 7700 figure up here and just shy of it, but still I mean bullish activity yesterday and Back and forth today. So what we might we might see it test up into that area The big question is the acceptance or rejection above 77 and we all know what we're looking for up there We're looking for a lot of volume for this to push through to close above it on strong volume. All right that's what we look for even in Microstructural areas, okay, same thing. All right, so you'll see that we're using actually the same Concepts here on much higher time frames all the way down to you know Very very low sub second time frames as well. It's all very very similar stuff. The concepts hold true Okay, it's it's it's understanding the order flow So let's look at our half-hour chart here because that's some good stuff. All right, so here's our 930 open Okay back and forth, but our levels here, you know looking right off this area down here makes good sense I could have seen it come down a little bit more maybe around this kind of 7608 area it doesn't bulls come back in and pushing it here to the upside Just spiked above this little swing here From 430 a.m. Eastern time here. So it did not accept above it So we can see some wicks and some selling starting to come in here in the next level if the bulls continue Looks pretty good up here. Okay around 74 Anyway, let's jump into the order flow to see what's going on here. I Also want to go over some some trade activities so Yeah, I'll take a look at and share with you some Twitter Trades from yesterday as well as some from this morning And let's add our indicators back on here. Good All right bullish bullish behavior continues here Okay, I don't know how much I like that actually It's bullish, but you know, we're looking at the break here And we we're looking at it needs to accept above that on on strong volume the volumes here But the the move here is only about that's about two points or so So that means we can we can see the sellers come right back in here back into the range and try to drive it down to the other side of this range All right, so be it be attentive of that because We're looking at our higher time frame here for the day to see if we get follow through Through the on this break out here. Hey, just breaking it and coming back into the range like just like we did here So hands off right now. I mean we might see the buyers come in again Okay, and we may see them lift that offer pretty aggressively here. They see they're actually pulling at 66 Let's see if the buyers can step in here. They go see a little bit more than that Yeah, it looks good. All right looking for 68 here. Let's see them try to raise this up into 68 No Sellers coming back in okay one more rotation. Let's see them come back up here to 65 looking for some volume All right now. Let's get up to 68 Should see it it's looking pretty good. Let's try in No, another rotation. All right, let's see if we can get a one more rotation back over the volumes looking good So I'm still looking for it. All right, let's see the push now It's looking good. I mean come on guys, let's let's let's see this one more Keeps that. This is more like S&P. We've seen this the several several times the last few days here Actually starting to exhaust out a little bit, but still the pressure is up here. All right, here we go Here's the rotation to see you can see we rotate back and forth here, but we still had the benefit here of More volume at higher highs. Okay, and it still looks good I'm still looking for 68 And 68 is even stepping it up here. They're even more liquidity up here now And we'll see I mean still more and more here more more volume at higher highs Kind of tricky Still still holding true though. All right If we did not see higher more volume up here in some of these areas, we would not think the same way Okay, now it's starting to exhaust out here Okay, and we will we will find sellers try to rotate this down again, but it's still still looks pretty pretty good here Yeah 68 looks looks good. Let's let's see them. Let's see you get these sellers upside down and get them to cover quickly Jerry, you know, I saw your comment just before the the webinar ended. So, you know nice Nice to hear. I mean you've been you've been trading for quite a while so You know seeing something like this. You've never seen quite like it and Yeah, you know, this is something unique, you know something new here and That's you know, what we're offering here is very very different than what we're accustomed to looking at Right and we can see all the details here So you can simplify the details as well through the through You know some of the settings on the heat map for example or the or the volume dots you can you can also filter out the volume dots You can you know make this Chart settings here for that heat map You know much more stark or you know much more kind of Or just much more data or information on it as well. I like it somewhere in between there And just looking for the insights that it can give me All right Still looking still looks good here 68 68 is pulling now to so let's see if we can get up through even more 70 74 Hey, there we go. 68 is trading. There's 70. Let's see it go up to 74. It's looking good strong strong move All right So does that meet our criteria as well from 67 on up to 70? It's it's good I mean it's strong and look at the volume. Okay, we have the volume dots Hey We have a CVD. We have volume in the in the in the Volume bars here now that said we want to be careful Because when we get up into these areas here, we want to see if they're starting to absorb all of this Pressure. Hey, so for example, did these guys trade here? Yes. Okay mostly and up here they actually pulled okay, so We can we can still We're not seeing it it being totally absorbed yet. Hey, we'll start to note that though, right? Where where are these you know players here that are on the on the offer? Where are they starting to get filled? Right when we start to see a lot of absorption That is one of the first things that we want to look at here for the potential for reversal Okay, then we're looking for these dots here not to be so strong anymore Okay, because they've been they're being absorbed along the way up so all that buying pressure. Well, there's less buyers Okay, and then at a certain point you're gonna find sellers and and well before that You'll you'll find that though will come up here and we'll test these areas and no one no one's there any longer Just like this right now just like this Okay, so we're exhausting out look at the buyers up at the high here here and here Okay, so sellers come right back in and they they move it back down now That was a you know another rotation here Okay, so buyers are back in but we're this is looking a little different Than it did before All right Actually, it's not still not so bad. You still see buyers here Anyway, those are the steps to look for here going into areas of high liquidity seeing it Absorbed they stay in the books the other pulling again at 74 there So let's try to see the buyers go up to 75 see other pulling at 75 So where's it got to go to meet the high liquidity here? And it's got to go up here further. Okay 77 78 now and what about 77 did they trade? Yes Okay, we're finding the sellers now. Okay. This is the first step All right. Anyway, we're seeing some good price action. That's why I'm covering this now I still want to go over some of these trades so that you guys this is what we've been doing just recently so that you can understand not only the order flow and analyze it and then anticipate future price movement, but to Also understand, you know, precisely how to weave into these For for trades. Okay, so for example, look at our our potential for that reversal right into this high level Okay We haven't gotten our retest back up here yet, but we see that the sellers are starting to come back in Okay, we started to note things looked a little different. Okay, and then they they picked it up Into these areas of high liquidity and they they transacted Okay, so now look at the seller starting to come in. All right. Let's see if they can get it down a little bit lower here Maybe 67. That's where the liquidity is This is really really typical We always look for this here on some of these reversals as well that Look for Here's the the breakout to the upside, but there's more volume on the sell side right down below where it broke from And sellers are in control trying to take this down. Where are we going to find the buyers? Well, we can see them here, you know, and it makes really good sense that they're down here This is where it broke from last time. We actually see a retest here and then here they are again All right at 67 or so So we'll see let's see if the those sellers can meet these guys here And let's see if they have more selling pressure. Maybe they can get it down to 65 and so That's what we want to understand here. This is this is critical or key It's not just that we're gonna hit these bars these orange bars and bounce We want to understand the context between the limit orders here Resting on the bid and the south the aggressive sellers Okay, what is that context and that when we put together that context we really get something? Okay, so for example, look at the context for it for right now And we didn't even test really into these areas here and we're already starting to find some buyers and They're starting to bid it up a little bit here as you can see so here's our context it first off It didn't reach these areas and the buyers are starting to chase a little bit Okay, and we found some aggressive buyers here and we found them just again here at 70 Okay, so let's see if we can get up here just a little bit further And we wanted we first want to see this micro structure broken here. We want to see above 70 Hey, it looks pretty good. Let's see them lift the offer now into maybe 72 or maybe where we broke from up here Are kind of 73 and three quarters and putting together that context of the auction and the aggressor right, this is what because this is dynamic it's it's as a Jerry was saying organic Right, but we're understanding this context. It's an auction think of it Very simply as an auction and that context between the buyers and sellers Right, and that's the insight that you can get here So we're starting to find some of those buyers starting to come back and let's see if we can retest back up into Yeah, I I still kind of like this 73 area here 73 and three quarters And the liquidity is up here a little bit higher though Anyway, and there's our test, right? Just a 73 there Anyway, let's uh, you know, we're seeing some pretty good stuff here But I want to go through some of those trades. So just some things that I did earlier today and Not the greatest trading But still I just want to show you what what my activity was here. All right All right, so I saw at the open here The move here to the downside get a strong move. We're always looking for the strong move And who's in control? Well sellers are clearly in control as they cut through all of this high liquidity here And then quite a bit further. All right, so I'm I'm looking for pullbacks here And I entered down here on the short side. Why? Okay, let's go through my reasoning here. I looked at this cluster here, right and actually I Should have probably put it up a little bit higher because we already tested it here Okay, and this is my sell order right here and my limit sell Right, and this is where I got filled. Okay with that with that purple triangle right here Okay, so anyway went immediately against me as you can see about a point and a half or so maybe two points and then Back up to this cluster here, but my initial cluster I was looking for These those sellers to come back in here and now it went sideways for a bit, but it stayed below this area Right. My stop is up here as you can see And I kept it there once it started to go my direction. I moved my stop down aggressively Okay, so I moved it down into just a Break even plus a few few ticks or so Right. I'm looking for the bigger move here in the follow through Right because the strong move was to the downside Okay, and I you know, we can see it very clearly we see the pullbacks here And then I you know, I got in way down here But still I'm looking for the follow-through now We traded in this high liquidity here, and then we reversed out of it now This wasn't really a level here. I was too interested on the higher time frame So I just moved my stop down and I got taken out. So this is basically a break-even trade Right, but you can see my reasoning and how I'm reading the order flow and acting With it here Okay, and I'm trying to let this run. All right. Now. I also noticed Okay after that Wow, okay buyers above our little area here Taking control right so Let's see here as a as we go through All right now, I'm sorry not this example So we get kind of another retest back down here And then I started to note that the the buying really started to pick up again Okay above this little area right here. Okay, this this zone here around 28 Right, so what did I do? I was looking for a pullback. Okay, so I put a limit order in here And I didn't get filled and the market just took off Without me. Okay, so anyway, that was what I did today You know nothing too fruitful today. We can go over some things yesterday Okay, and we'll go to our Twitter page for that And let's take a look at this one here. Okay, so This is from book map comm actually, you know, I'll click on My this is this is my Twitter account here. I'm actually going to change the name here pretty quickly but Anyway, let's just go through some of these examples here In the Nasdaq e-mini and then I also have one for crude oil. Okay, so let's click on this All right, and let's actually open this in new tab All right There we go. Okay at the close. Okay at 350 we saw the move to the downside way outside of You know kind of recent value and we saw the flush through Okay, very very high volume very quick cell volume flush through make a new low here But then I'm looking for a move outside of the range and I'm looking for the move back into the range here and I want to see just like I was looking at we were just looking at earlier in book map These guys down here same same move right? basically Outside of this range back into the range and then the follow through to the upside Okay, this is on a higher, you know higher time frame Looking at or you know more volume even even looks better here Quick flush through right back in buyers starting to step in I jump in aggressively market buys okay, I get kind of You know filled along the way here and then a nice little pullback here Now I didn't even have a stop here But if it went down below this area here this violent volume cluster here, okay, that's where I'm looking to exit All right, I'm not going to have this go against me. I'm looking for this to follow through Right now it did follow through and then I entered again up here Okay, why did I enter up here? Because again, we see the breakout on strong volume I'm looking for the pullback and look at the bid Look at them bidding up in these areas here. Okay. Now. We're very close to the to the close Okay, five minutes away from the clothes or four minutes away from the clothes I'm looking for this to return though to the point of control Which is this blue line up here and I front ran it here All right, that's where I took my profit Okay, so very quick trade, but you know pretty pretty nice trade. I added into it as well Okay, and I was you know looking to I didn't have a stop you know, so I should have but I Was looking to just you know flatten it very very quickly These these moves are you know happened pretty quickly. So I was just gonna flatten it if it started to go against me but full scale out up here and Right before front running this high liquidity here Or the POC I should say at 68. All right, so that's that's one trade one more Just because I want to show you some of the trade management here and because I wasn't so keen on this one But It was working. Okay, again, here's here's this kind of line here that I Drew we see the the sellers take control below it. I'm looking for a pullback to it Okay, I get in up here short You can see my stop had bracketed trade on here So you can see my my stop up here. I moved it down immediately And then I actually moved my take profit up immediately to Mrs. Crude oil Okay, I moved it up looking for me mean mean reversion Okay, first off and then I saw prices coming down toward it and I'm thinking well, you know I bet that the we can find the Sellers I take it through That the mean here okay and try to get to the other side of the range and then I'm looking for follow-through to the downside right so They we did I did get that follow-through to the downside in fact I even added in to this trade looking if it can go through the point of control here and the VWAP That's just the white line if it can go through here. I'm looking for this to continue even lower right, but I'm not willing to You know take the You know a loss on this so I Scaled out a half the position here Okay, I kind of a bottom of this range here. You can even see like I was looking at this profile here So I'm kind of front running a little bit of it. All right looking to get out some here Moving my stop down very very aggressively. Okay, it was Break even would probably be somewhere around here. I moved it even down below that So I'm I'm just willing not I'm not willing to give this up. All right, so I'm looking for follow-through I'm looking for this to continue to the downside My stop was actually down here or my take profit was down here front running this liquidity at 71 80 These 120 contract contracts here. All right, it reversed back up and took me out here All right, so got stopped out, but this was also for for a profit All right, so just want to go through some of the details here how to start to read this and Utilize a book map in the live market for trading Craig let's see. Can you set up trading a trade using stop loss and take to no what you can do though instead and let's see I think someone had requested to Show some of the one-click trading. So let's do that Okay, so this is how you do it Craig is you will just we'll open up the one-click trading here Okay Everything looks good. I haven't had my bracketed orders. What you will do instead is you will add Two orders. Okay, so what is the minimum size that you want? Okay, so let's just say it's a one lot right, we'll set two orders right, so if I I've got my bracket set up, but let's you know, let's say I'll be a seller up here for for a retest of this area here Okay, who's coming right up to it? I don't want to get Executed here. Oh, we'll set it away up here and then okay, so here I have two orders Okay, I click twice right now you can let's just move in here you can Just to the left of it here. You can see that the if I hover over it I've got a double-sided arrow. I can left click hold and drag these or I can click on it left click on it And I can change that into two lots for example Okay, so everything is recorded here right now. I just I just brought it up to the other order here sell order and Now I can hold down control and I can move both of them at the same time and you can see there's three lots but two separate orders All right, so that's how you'd you'd manage this and Yeah, maybe maybe just to I'll have to demo this I think See here what's going on? Yeah, it's kind of convoluted here All right. Well, let's just go sell Okay, and I'll just uh I'll sell two one two. Okay, so now I can move these down And these are my stops right and then here's my take profits so I can move one up here Okay, bottom of the range and then ones down below kind of my runner here front running this high liquidity down here Okay This is just for demo purposes. Okay, this is not you know some sort of you know trade activity here Just showing you how you can enter here with two Or three or whatever that that's how you'll do it. All right, and that's that yeah I know that the like Ninja trader offers that as well. It does the same thing basically Okay, it's just it's just throwing in multiple orders like that. Okay All right, I'm just moving my stop to break even and I'll get stopped out here No, not yet Let's see here Rick. How do you set up your stop and take profit? It's here in the In the brackets here 28 ticks and 16 ticks Okay All right Let's see if we can get continuation here There goes one. Okay, so one is already hit. I'm already at break even I'm gonna move this stop actually I want to see I want to see this behavior here. Hey, they're staying in the book All right Okay, but I'm sitting just fine. I am fine for this to come back up and take me out I'm looking for this to run. So I want to see if these guys start to pull down here and they're not Okay, but let's see if the sellers have enough Selling power to trade through that area and these dots are a little big Okay Well, it's still, you know, yeah, I should probably be I'm looking for the test here. Okay But let's see if they if they pull then I'm good and I'll I'll just pull as well Hey, they're starting to Starting to pull down below at least not not this area though Okay, all right, so let's see. I'll move my stop down here All right, and they're starting to trade through and they're pulling again. I'm gonna move my take profit now Okay down to here 57 All right, and I'm gonna move my stop down as well to where they just initiated this Okay, and there I am. Okay, just taken out here at 57 All right, so there you go and That's a that's a way to you know use multiple orders here and start to understand how to Manage some of these positions here and based on the order flow, right? So it would have been kind of a mistake here maybe to Look at this and get you know taken out here at this area at front running this high liquidity here right Because if they're gonna pull and actually they didn't really pull they actually traded so But there was more selling pressure going through and I start to see them pull down below it I'm pulling too. All right, and I'm gonna try to let this run anyway the What is important about this a takeaway from this is look at my behavior This is a fantastic way you can replay you can record and replay this data and a lot of traders They just don't you know, they don't utilize this feature. It's a really powerful feature here You can see all of my Decisions every single one Right, and you can see the time When I made those decisions Okay, so Going through this and debriefing your trading you're going to learn tons Just about understanding Precisely what she did. Hey, if you if you're following Some sort of mentor This is going to be invaluable information For them to go through and say well, why did you do this? What was your decision for that? Okay, what was your rationale? All right, so anyway, uh, that's um Just like I was doing earlier. Uh, right. I had my own rationale Okay for the decisions I made And then you know nothing really happened, uh, which was uh, you know a pity Uh, but uh You know, I I I tried to let it run here uh, and um Then saw the buyer start to step in and I'm looking for that pullback and I didn't get it down here And it left me hanging All right, say la vie Anyway, uh, any questions on that? Okay, if not, uh, we'll uh, that's the one-click trading that's setting some orders And managing them as well All right Okay, uh, let's see here Let's go back to uh, what's going on here in the price action Or is there any other uh instruments you guys want to take a look at? And we want to jump over to that s and p Or uh, maybe some stocks. I think uh, uh, tesla's in the news again Boy, they're they're really been in the news here. Um The move has been to the upside here. Wow Nice Uh, sumo man, I do not have uh, uh, f e f x So, um, you know, sorry about that Yeah, I I know I know you trade the european markets. Um, but um In the european futures And dax as well. I know you've uh asked for uh for dax Anyway, the same stuff here now even, you know, the liquidity heat map here for those that are guests I'm looking at the stocks here It's even clear Look at these these guys and you can see where they're layering in on the larger players with their limit orders And they've they've been here, uh, you know, almost the entire session Or now the entire session got actually traded through these guys, but it came right back down Hit them again here and that's been the the you know, a kind of resistance area here around uh, 275 All right, very very simple stuff to see here in the uh in the equities All right, a lot of buyers down below here. So, you know All all this bad news, but here Here's the insight look at the buyers. They're all down below 65 on up to about 70 They're interested All right, so it looks like we're just about to test into uh 75 here Yeah, it looks good. See this strong move here. Okay. Let's see them test into 75 Let's see them trade through 75 next area would be 80 Okay up here Yeah, it looks good. Let's see let's see the test here looking for it strong move Pull back to kind of big big volume cluster here And just shy of it and this is the high right or no, this is that swing here Yeah, the high is way up here at 77 50 Do I also do the data for the DAX component shares the way you do tesla? I don't quite understand that your question sulemann. Um Oh be it like BMW shares. Okay. Uh, no, uh, this is only us equities Okay, now the if you're interested in the us equities, you will need the the To connect that with a dx feed. That's the the method All right. All right. Well, let's just jump around a little bit here. Uh, take a look at crude oil here just to get an idea Uh, it looks like it's to the upside Yeah, pretty pretty strong move here Okay, looking good too still looks good And looking for 73 50 as the target here on that Hey, this is just bigger picture stuff here. Just understanding liquidity and aggressor In fact, uh, you know, we can also start to now, you know, introduce some technical lines Hey in some of the trends Okay, so we we may actually start to kind of go back and forth here But I I like the volume that I see, um On crude, so I'm looking for it to test into 73 50 here Any idea you can connect book map with, uh, european? Oh, there's many, uh, sulemann. Just ask your broker Don't know who your broker is But ask them that you you want, uh, uh, access to, uh, uh, you know, urx or whatever exchange is, uh You know, ask if they offer it That's all you need to do Yeah, there are many traders, uh that use book map for, uh, uh, european futures All right. Anyway Still kind of looking to see if we can get a break of that on crude here It's right to the technical area here, but uh, uh, you know, this this Just to cover the point here, uh, what we're looking at and, um When we draw on the this kind of, um, uh area here is just you know price Always trades kind of within a range So kind of a random walk of, uh, of range where up here, for example in it in this kind of uptrend You know, we're we're seeing that there there are more buyers at higher highs Hey, but we uh, they kind of exhaust out and we kind of come back down and we go low enough to find some buyers interested to take it back up And this is basic auction market theory of, uh, uh, responsive sellers Responsive buyers. We're just looking at it kind of in a horizontal view here And we're interested in these kinds of moves here, uh, as well. Okay, because you can trade these strategies, too by, uh, the range bound stuff, but, um, the, um You know the impulsive move, okay Who's in control, uh, and then looking for that continuation and this would have played out pretty nicely for you And look at them bid up here as well. Okay, so trading through some of these areas here and then they're on the bid down here Okay, so, uh, you know some really good insight here. Okay. We have our volume cluster as well Uh, and they're bidding at these areas down here Or up here, I should say All right, so technically this is just playing out great. Uh, it also traded into we didn't mention that earlier Uh, traded into some high liquidity up here. Okay. That's a lot of contracts for for crude Okay, so, um You know, um Yeah here, you know, so About 200 or so Okay, and I know that's both buying and selling but the majority is is buying as you can see Okay into that high liquidity here Okay 126 contracts is what this represents here Oh the dealt these numbers up here. Uh, you're talking about this is our iceberg detector Okay, so for example up here, you know, you can see that there's we're getting some pretty nice insight with our iceberg detector This is what you need with the book map um Global plus okay, that's that's the one you'll need to subscribe to 79 contracts and then 16 contracts Uh, we're so we've we've got you know, this is an added confluence here Coming up to a technical level number one with this trend or this price channel Uh, we have high liquidity up here. It trades into it And we also have larger players actually getting filled beforehand and after Uh at lower areas actually, um with iceberg orders Okay, so they don't want to show their liquidity in the heat map um or in the order book. So what they're doing is uh, you know front running it basically as you can see And 79 contracts and then 16 contracts that traded Here, uh, but they they didn't show in In the book Okay, where do I identify in balance? Well, you know based based on based on this here Okay, uh and looking for uh, you know, I was looking for it on the bigger picture I was looking for that move to 73 50. Okay, 10 cents higher Uh, and it looked good All right, uh when we start to zoom in we can start to see some of the details here Okay, and now we start to piece this together all right, so uh looking for Uh, you know that continuation, but what what happens here in crude? Well The buying looks good up here, but we just we just don't even get a retest of it yet All right, this one's a little trickier to read than uh than the NASDAQ All right, uh at least from my point of view. We see the quick move here. Okay, that looks pretty good So if we can get a cell volume down below this little area here I'm looking for the sellers to come in Uh, and then maybe test down to I like this area right here actually and it already tested it Okay, uh, because that's kind of where this this move to the upside started So I would be looking for at least this kind of area to test Okay, another thing for those guys who are guests here today Um, you know looking at some of the algorithmic activity here Okay, so for example, uh looking at uh Pulled liquidity here. Okay pulled again added lower This is one individual actor most likely doing this activity here because the moment they pull it here They're adding it lower one tick lower Ah, judy. Okay. So yeah, actually you're you're looking for 73. Okay Well, uh, you know We're at the bottom of the range here. Okay, so uh, you might want to consider uh And it's starting to exhaust out here. All right, so manage it the way that you you feel fit Uh, but uh, and you're starting to see some buyers come come rotate in So, uh, you know, however you like, uh, you know move your stop down or You know take take some off Okay, you have whatever the case is it's up to you, but these are my reasons Okay for managing it that way All right now especially if I see the buyers start to rotate in above this little area here And let's say they take this these guys on here this hundred hundred and one contracts here Uh, and uh, you see big buy volume trade through that I'm looking for it to come back up to 73 30. Uh, and then maybe it can even rotate all the way back up to Uh 40 and then uh, finally get up to 50 Yeah, yeah, exactly. But you know, it's up to you All sorts of different ways. What's important is just to understand the order flow in the context here All right in the context is Uh, there's a hundred contracts up here one individual actors holding about uh, probably about 60 of them Our large lot trackers this vertical white line here And we just saw that kind of player here this this algorithmic activity here. Uh, we think it's algorithmic Definitely working it in here algorithmically no no question. You see all sorts of liquidity going back and forth Okay, uh, Jerry did I get to your question? Uh, did I answer your question on that? I don't know if that was the the numbers that you were looking at here and the confluences Yes, okay good. Yeah, you're welcome Anyway, that's crude. Uh, and uh, I'm just I'm just curious Let's see if we um Let's see if we can get uh Little more Okay, so 73 20 I mean, so you can see how they see the pressure here and this is the context we want to understand here So let's just watch this here Yeah, what if the buyers take it and trade through see that high liquidity 104? Look at how aggressive it is So now they just traded through it Right here come the buyers look for a little bit more above this Okay, and so see how they pulled here. They added lower and they got filled Okay, so very aggressive behavior here, but they're filled Right these sellers with their limit orders now if the if we see more buyers start to step in here a little bit higher Looking for the next area to trade And we have our trend lines. We have all sorts of stuff, right? Uh, so, uh, let's see if we can get back up here. The first swing is actually here at 30 Okay, the the liquidity is up here at 34 Okay, so let's go through that because this is a another, uh, reason To you really want to understand the liquidity and the heat map the context of the aggressor here with the The limit orders these uh resting orders here Okay, so we understand this these resting orders here 101 contracts pulled added lower Pulled added lower, uh, and then look at the buyers take them on Okay, trade into that area here All right Okay, did we get follow through a little bit starting to All right, let's see if we can get back up now to uh 73 34 And they're starting to pull some as well up here And they're pulling and adding lower And then they're pulling as well. Anyway, it's a little back and forth here Uh, but uh looking for that follow through on the buy side now Right, so this little area here gave us insight Right to the appetite in that context here between those resting orders that got very aggressive here Okay, they're called passive orders, but their their activity was very aggressive Right, they moved it down very very aggressively here Uh, and then the buyers took them on right and they started to trade through that area here Okay, so we're looking for more buyers to join in to the party Okay, and then trade up into 34 And we're at 33 here Oh, uh dx feed is is um, is there equivalent to it? Um, no, there's not Uh sullaman No, it's been requested. Uh, they're working on it All right So this is the initial offering for book map for us for equities. Okay, and it's just us equities right For those of you who are equities traders, uh, the book is a lot more complex There's all sorts of different data providers. The way it works with dx feed. Uh, just so you know It's for nasdaq total view and last sale Or edge x which is bats and cboe Or both of those together, right? So there's our move In crude. Okay, and then look at this nice little flip of the book as well All right, some kind of wicked stuff here Let's see if the sellers are interested in in this area here these 90 contracts No, I mean they're they polled and they're working it back and forth here, but Uh, kind of wicked here looking to see if like a flip of the book and what I mean here Here's our book sweep All right, which means they took all of the equity from all these price levels through 35 up to 37 And then they flip from offer to bid trying to maybe get it up a little higher up into 40 here All right, and then they're doing all sorts of stuff here So a little more got a little more convoluted after that All right, but the buyers are still like in this move so far, you know There's still more buyers here Anyway, all right, that was crude and just uh glad I kind of went through that just so you guys can start to read again that context Hey, we had all sort we had reasoning behind what was going on here Okay, and then we had good insight once those uh once those uh Buyers Took on these uh These limit orders here and traded through them. We want to see them trade through though. That's that's key All right, once they started to do that, uh, then uh, we're looking for higher highs Or we're looking for it to to retest back up in some of these areas here All right. Anyway, that's the context uh and kind of process Right and volume starting to pick up again here All right, so let's see if we can get back up into 45 and then ultimately 50 50 is the big target here It's always the big figures That's where most of the liquidity always is Anyway, uh, and that that context is pretty critical to understand And that context is right in front of us right here. We're bullish still right Here's our impulsive move Strong move the high liquidity is up here And we're continuing to make higher highs and higher lows right so looking for the bigger picture move 73 50 Okay smaller time frame moves. Uh, we just went through all of that here all right Okay, let's jump back to our nasdaq uh just for Kicks here and see what's happening not much not too much kind of glad we went over crude instead And uh, we'll we will take a quick look here at the es and Okay, now I don't have higher time frame data here for the for the es But uh, yeah bullish move. I mean, uh still You know could be starting to make a reversal pattern here. We we broke below here Uh, and we're starting to see some sell volume, but I would still be bullish To see that that this 29 20 area here kind of where we kind of broke out here Looking for that area and then another area down here at 18 Okay, to see if we accept above those areas Uh, and if we see bullish activity then looking forward to kind of accept above that area and test some of these uh higher highs up here Okay, if we see more selling and we break down below those areas with more selling then I'm looking forward to a trade lower All right Pretty pretty straightforward stuff Uh, let's see tesla Okay Didn't get there didn't just didn't have enough to get there. It looked really good. Uh to test, uh 275 All right This is what exhaustion looks like Now this looks good here actually this looks great like it should have tested it like uh on this on this, uh uh, you know Kind of a retest of the high here at 74 40 Uh, just you know 10 cents more, but uh Basically exhaust out we get a few more rotations here Yeah, this doesn't look quite as good. This is now starting to uh starting to fail here We're not making higher highs. We're making uh lower highs and Where do we make a lower low here? Uh, it breaks pretty You know catastrophically here All right, so we don't really have too much insight to uh lower lows here As you can see my uh my line All right, so it could have gone both ways all the way up to this point, but then the sellers really come in Here, uh and trade some volume down below test through 73 And then next level would be 72 here All right. Well, let's see if we can get low enough uh to find uh more of those uh those buyers where Well, we have vwap already being tested and then I'd be looking at 71 down here All right The high volume note is way down here as well the poc at 70 So still even bullish above that area Anyway, uh, that's uh, let's wrap it up here. Uh went through a lot of different things today And um reviewed some trades Uh, you know went over debriefing your trading. Uh, how do you use that one click trading to your advantage? Uh, and then uh lots of different reads with the order flow All right, so everybody please have a good weekend and we'll catch up with you on monday. Okay All right. Thanks everybody. Okay. Bye. Bye