 Good morning traders and welcome to the book map live trading webinar. This is Bruce at book map We'll do some live forward-looking analysis here. This is the free education you get with book map And well actually it's free for all at the moment Since the beginning of the year here, so we're gonna go through live forward-looking analysis We have an educational course that you can watch And then apply it in this webinar. That's what that's our goal here Read the current market and give insight to where price is gonna go. This is not hindsight education And then we also have live trading With J trader stocks trader tomorrow and then Thursday we have scoppelsini so come for those They will go through live trading. It is in demo mode But then you can apply what you've learned from their method of trading. All right So risk disclosure and general disclosure all book map limited materials information and presentations are for Educational purposes only and should not be considered specific investment advice nor recommendations The risk disclosure trading futures equities and digital currencies Involves a stanchual risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results. All right. Good morning, everybody and Let's jump in here J to it'll be tomorrow the recordings for these videos. They're on our YouTube channel under live streaming recordings You can see them here. So if you like to Watch them, please, you know add your comments and and like them if if if you like them. So Hopefully we're creating some really good content for you guys. That's our goal. All right, so All right, let's take a look at the S&P. We're gonna kind of do a little bit of a recap Just after we read the current market here Traded down into this 4460 area here into high liquidity as you guys can see actually here and here a Little bit lower here and look at the buyers coming right back in now This is a low volume pullback right now But we're looking for them to try to trade back up to where it dropped from here in the structure It's all we're almost there already. So that's kind of a no-brainer We, you know mark up our structure in here looking for breaks of that structure and new Areas of structure to be created. Okay, there's another one up here It might come all the way back up to this 70 level or 70 liquidity up here as well This is where it dropped from. All right, so what we look at these levels in here Not only the one at 40 4465, but also this kind of 44. It's really 70 And and then you know, we can also take a look here. Maybe it maybe it's even can push a little bit further Back up to this kind of high volume node up here at 73 or so and see if the the buyers really try to push it You know and try to knock some hit some stops or something, but you can still be bearish Even if it comes up into that area here. Okay, so we're on the lookout for that right now This is just it's pretty strong buying coming in So we might just have a another double distribution day here or you know, kind of like yesterday, but Anyway, let's go over a few things. Let's look at our higher time frame here. This is what we drew up yesterday Our daily chart on the left here And you can see we we don't really see too much activity in there on the daily then on the And hold on here. Why is this? Okay Okay, it's correct. All right, and then on the hourly here in the middle We've been looking at these kind of levels up and up in here and we're you can see we're bouncing around these levels here and Probably draw a new one in here. Okay, right around this area here Let's do that Finally getting this down 44 43 And we'll get rid of some of these Maybe maybe later, but and this is what I drew up yesterday here. We're kind of looking for some of these swings here I did not draw the swing here because This was kind of a little bit a little bit higher time frame and But that this also the swing that we saw right around this 45 12 As another possible re return to that we saw we saw the move up to there So I didn't mark it up. But what it did What price did all day yesterday? So we kind of went back and forth and back and forth and I think we ended the webinar and then it finally broke Where did it break? Okay, so we kind of drew up this zone in here and it went a little bit below it here And it came back down into this area in here now. I'll have to put in less candlesticks in here. I think and We can take a look here and go back Yeah, see see this little area in here. Okay, so what we see is there's a couple little areas Consolidation here drop Okay, it comes back up into that consolidation area here. You see some wicks in here and then that broke out Okay, so back down into here is really kind of where that that, you know, it broke from Somewhere, you know, this whole kind of area is a zone in here But you can see the wicks as well. This is where there's buyers in here for this move that went to the upside So let's now go forward and that's kind of where it went And it retested the wick down here. So a little off on that zone But I just want to show you guys like the structure and start to understand Order flow around some of these levels in here and we're going to be looking at the same type of levels In book map as as the higher time frame here. So let's see. That's around 4480, right? all right okay, and Let's move forward now Okay, so yeah spike spike kind of below it here And then moved back up Spiked up again above the swing here and then this session were right back down. Okay. Now pretty wicked stuff here You know, we see the big big pin bars in here Another spike below this 4480 and then we're back up into the range Look at the the pins here the wicks on on both sides, right? So again looking for kind of a, you know Back and forth session in here for the moment right now and just keep an eye out for our higher time frames So, you know, I really like this 4440 area down here And that's where we see some previous wicks on the hourly. Okay, so Just to get our levels in here of understanding order and it really is Order flow on these time frames. It is the same stuff. We're looking at in here As we will when we get into the live market and book map here All right, so let's take a look here. So we came up to our area up here at 70 so far Okay, and they're still buying here all right, so Let's see if they can continue or is this gonna be a new range in here. Okay, so We're bearish here on this move. Okay, even with this this kind of this buying and this move on up in here Good morning, Tom. Let's see here Any other questions Okay Yeah, this is where you comment Nick in these live webinars. Okay, so you'll have to kind of pop out Yeah, okay, you got it. You pop out that the streaming and then then you can jump in here with the With the with the text and the text channel All right, so let's see if we get more sellers in here or we're gonna get buyers in here Let's take a look. All right, so it looks like we got getting some sellers in here looking for them to trade it back down here into 63 and then also maybe down in here to 61 All right, this is where it broke from here, right? This is a nice little level to draw up to be honest right right in here There's kind of a zone. I kind of like it here Let's see if the looking for sellers to try to take it back down into that area right now. Okay Another one here is kind of 60. This is kind of where it broke out from You know somewhere right right around here and And then we got the swing lows as well to take a look at Good morning Dove. All right and Alan. Is there a way to see a dome and book map? Oh, yeah, absolutely Let me let me show you that I'll demo that But We want to go through the live analysis in here. That's really what we're here for. Yeah And Okay, so wow, we're we're finding some buying interest down here even though these guys didn't even stay in the order book Right so You can see they're they're pulling that liquidity in here and and we found some buyers nonetheless And they they took it right back up here All right, so All right, looks like we're gonna go for 70 70 liquidity here. Okay. There's a little skew in the order book here There actually this is something that I wanted to cover as well. Now it is hindsight is from yesterday, but Let me let me go through it here. Um It's I just think it's important to get the point across All right Okay, so this is yesterday's screenshot from yesterday's action And the webinar was back and forth in here and then we finally had the break Just when the always when the webinar ends now, this is actually something really good to cover though Why did we get the break at this time? Okay, it's because this was after the european close Okay, so the the market you'll see this in many different markets So we're talking about market timing and order flow here Obviously, you have the overnight sessions. You have the cash open Then you have the London close or or european close You have the bonds close at at 3 p.m. East coast time You know, you'll see markets move after that Uh, you know, there's all sorts of different timings of the market um, and we Or the you know, or the the close, uh, we've seen some excellent moves at the close um, you know some some moves to the downside and then some, you know, really Rocket moves to the upside or opposite direction After the close. Okay, or around the close Um, some really really big moves Uh, it pretty pretty incredible All right. Anyway, that's market timing. I did want to mention that but what I want to mention here is we talked about order book skew the other day And uh, one of the comments in youtube here, let me bring it up. Um, was uh, it was um Uh, what was it? It was order book skew Yeah, imbalances here. It was this one. All right. I'll put it into the chat here, uh for you guys, uh, but the um We were looking at, you know, very low time frames, uh and uh and and covering this in here like, uh You know how to uh look for these order book skews And then and then look to see how the aggressor reacts to it And uh We didn't even have volume on the chart and that was a very volatile day or back and forth day Uh, and it was working just, you know, very very well because the market was reading the uh, the order book Here's how you can read it on higher time frames. Okay. Here's a break of it here, right? Um, and uh Then then it went into a range here high liquidity here high liquidity down here And the range is actually pretty bullish in here because like we don't even get a move back down into this area So we got some buying pressure in here. They even traded into this liquidity here Then what happened? Look at the skew. See how this guy pulled out liquidity and this it's likely the same player pulled it added it higher Pulled it added it higher. We're having order book skew here on a higher time frame. This is well zoomed out We're looking at the entire day here You can see these order book skews on these higher time frames look for them Look for the reaction of the aggressors, uh as well If we get buying pressure We're looking for them to break some of these levels and to continue higher Into other areas of high liquidity, which is exactly what it did here and here Now this order book skew, uh became a little less aggressive After kind of a big move to the upside And then here's where we get the reversal When they trade into and through this high liquidity here that's been adding and pulling higher here Okay, we look for uh, even on low time frames. We'll see it. We'll see it in this webinar. Uh, and then we look for the, um You know, maybe a low volume pullback or just Just continuation at that point Uh, you you'll just see the sellers come in and just knock it down Then we're looking for our previous kind of pivot areas Uh and swings, uh, and and also large transactions like in this area here It didn't even matter here. They just blew right through it. Okay, all of these levels. They went to the low here So they they hit the the high here the high of the day here knock some stops out up there um, and um, uh, also, uh, hit hit the low of the day here and then came right back into the range here All right, so I just wanted to cover that, um as well, uh, how to use and and see Order book skew and use this to your advantage Okay, because you'll see it on all time frames. Uh, and this is a really really nice feature here All right, it'll it'll give you a bit of a a bit of an edge there. Um, all right, so enough said Uh, let's see what happened here. All right, we got our breakout Uh and interesting stuff and uh, we um Okay, we said 73 here. Uh, they went up even higher into some of these swings up here Interesting interesting move here Uh, we are down below this cluster right now Or just add it Okay And we do see a stop run here. We'd also see some iceberg selling up in here pretty pretty significant for today Uh, we see some action on the bid here Okay, what is the reaction by the aggressors? All right, so you know, we're they're they're buying So let's see if they can come back up and test in the 75 76 here Uh, let's see. When does liquidity attract price and when does it repel it how to know the difference? Great great question. All right, so higher time frame liquidity is already digested by the uh players Okay in in the in the auction, you know, we we know there's high liquidity in some of these levels already Uh, and the market has already adjusted itself to that Uh, what we want to see is that lower time frame liquidity And what happens in there? So typically Uh The higher time frame longer term liquidity the market knows it so it knows it can find buyers down here And these typically, you know, you know act like magnets Because that's where, you know traders can get filled You'll see it more. I think in stocks, uh, you'll see how like, uh, it's advertising It's saying like, uh, well, you know, I'm down here if you if you want to get, you know, uh Chase after it and and push price down into here. This is where, you know, we we can all be happy, uh, basically Here in tesla, uh, and then you can see that These guys are getting filled and there's still more buying pressure. They went through it here, but uh, Here's here's your short term liquidity here. Look at that So we have 10 000 shares in there Just after the drop Okay, and looks like buyers want it wanted though looks like they they're going to try to go for it here Let's see if they they transact into it And no No, uh, so likely it will trade right back down to 905 here Okay, and uh, if we get more selling down here, which we did not we see buyers here Okay, if we get more selling down here though, then we can get down to 904 Okay, there's some exhaustion there. Let's see if we get some selling in here Looking for sellers around nine nine oh five fifty And then I want to see them break into 905 and 904 Okay, due to this new liquidity coming in here that seems to be repelling it now Okay, that's how that's how to read it. Okay. What is the reaction to this event? Uh, and uh, do do buyers want it? Uh, does it repel them or our sellers engaged and they see that and it's just like Yeah, we're gonna, you know, uh, take it take it down into other levels of high liquidity Okay, it's a skew in the auction. It's like all of a sudden this heavy supply came into the order book or into the market Uh, what's the reaction? So this is setting up really beautifully here for a move down Okay, so we have uh the sellers Exhaustion exhaustion exhaustion selling they should be able to hit it here 905 and they should be able to blaze through that and try to get it back back down to 904 There's 4000 here and there's another 4000 down here at 904 You can see they're a little little timid here to trade right into it though They should they should take it on And trade through it Okay, this is where we're looking for another skew. Maybe this guy pulls and adds lower Or maybe we see new liquidity come in here at 906 And here here we go. Here's our answer So yeah, this was they didn't even they didn't even trade into this down here Okay, which was setting up really nicely Really nicely here. Uh, we have all this exhaustion here. We see sellers in here They're making slightly lower lows They should be able to take this on and then someone came in A major buyer just came in and just moved the price right back up to to take on these guys here at That there was 10 000 And they traded And look at the uh The column here. Let's get rid of this one Okay, we see 10 000 right here All right, so that this guy got what he wanted. He wanted to be a seller the buyers took him on anyway, so yeah Typically this repels it but in this case We saw some interest here and then they're starting to not be very interested at all But the a buyer came in and wanted it Uh likely just one big player That that moved it on up there and took that on Okay, here we go again. No looking for them looking again for these sellers now not that bad event is done Let's see if we can get our sellers now down here. Nope See it see how this is repelling right here See how the high liquidity comes in and what happens we found buyers it repelled them away from it This is new liquidity in here Okay, that's what we want to know or engage now I I I still think looks like these guys are still gonna it's not really pushing them away looks like they'll trade Uh, this 906 and they may trade the 905 50 Because price is kind of hanging out here. This is what we want to want to gauge in here See see how like boy, it's just moving quickly here. Um This liquidity came in here then it repelled it. Okay And here it as well Anyway, so it's it's to read the aggressor's behavior Uh To this supply and demand All right does higher time frame liquidity stay in the book. Yes, it usually does Uh shorter term is is not necessarily spoof, but it could be Spoofing is a very particular order flow phenomena, uh and and the polling Um, but so there we go. So now now it did repel it and they kind of moved it up Now this is I I think they're gaming it in here. Uh, we can see how you know get get people to buy Uh, now get them short or stuffed, uh, you know, this would be j traders stuff into the uh 905 904 And let's see if they can continue Boy, I like the structure here. So I'm kind of maybe maybe this is it maybe 902 Uh, but if we get enough selling to go through that area, then 900 looks just great That was tricky Uh in here, especially this guy that took him on here But uh, yeah the um, that's typically the way it works. Uh, let's go back and look at our s and p here Uh, all right. So we got up to um We didn't make a higher high here for the day Uh, and now we see the selling coming in here All right, so they're trying to move it away here from point of control Uh, or most traded level here and the volume looks good So looking for them to try to trade it down to our lower levels here the swing here at 63 Looking for that looking for sellers to continue. Uh, and then also uh 60 here, uh as well Okay, maybe we can get all the way back down to 44 50 here. We're getting a pullback right now Okay, look for the pullback back to 70 again market structure Okay going through the structure here And then a new new area here Here's new liquidity new supply coming in and we're finding sellers Okay, all right. We're finding a little more supply here and uh, still finding sellers So let's see the let's see the move lower here Looking for these guys to pull here maybe more adding more on the offer And looking for a push down into 62 and 60 here. Okay buying buying coming in here. Um Just at the bottom here Interesting. All right. So another trappy day here Uh, nonetheless though, even though we see the buying coming in here You know, I mean this is still a pullback sellers took control here Right. So this is where we you don't You know want to get caught up in this kind of stuff It's like market structure is just so important And understanding like That you know, this is where sellers dropped it. Okay on on pretty high volume So we can get a retest back to this 44 70 here and and still be sell side From this point onward here and not from, you know, reading this kind of uh, recent order flow here Okay, nice cluster nice cluster of buying there All right looking for the scenario for sellers to get down below it now Okay, another retest possibility up here Just going to draw a line in All right, let's see. Let's see if these buyers are just going to try to move it back up here And then I want to see it fail Uh, it's set up here pretty nicely for sellers right now To hit it back down to the low here of the swings 65 and then our 63 area Yeah, so the order book, uh, you know, we're we're kind of You know, we're creeping up here. So testing this kind of higher liquidity up here. There we go Okay 72 now and we have our line up here as well. Okay now i'm looking for these sellers to come in Okay, the order book here like they should be able to there's a there's an imbalance here in this order book Okay, there's supply up here. Where's the demand? It's way down here. Where's the where's the midpoint? It's in here somewhere. So we're looking for a retest right back down to it And then I still want to see it go lower. I want to see it test this liquidity down here 65 to 63 Okay, so we we covered this the other day that midpoint understanding the In here like this You know the the liquidity in here we came up here and The um the midpoint's just around in here somewhere. I think uh the um Uh and we didn't have an imbalance in the book really Uh, you know, maybe a little bit in here, but uh, uh, you know, we're looking for them These guys polled we're looking for them to come back into the balance And then I want to see them still now test the other side of the range here and the liquidity down at these lower levels here And we're just kind of right in the middle still of the of a balance book I want to see the imbalance. I want to see this be polled Here on the offer and lowered and I want to see this be polled on the bid and lowered Uh, then I want to see the the green dots start to come in and really are the red dots and push it Okay, and and get a nice move back down into Uh, after the imbalance and a little you can see a little bit of imbalance starting to shape up here right now Now let's see. Let's see something happen here And then we're looking for them to pull Jump in and drive it down into these lower levels here Okay, you know reduce your risk Uh, keep a tight stop here because you're looking for it to work now Now this is not a trade recommendation Okay, we don't we don't give trade recommendations Uh, it's about reading the order flow Okay, uh, and then start to understand the the behavior of the order flow And then, um To start to develop a plan from that Okay, when you know you have some sort of edge here And then, uh, you know and then take your profit down here. That was the target we're looking for Okay, doing things like that It can build a lot of confidence And then you'll start to look at maybe different ways of managing that trade And then looking at Uh, possible ways of Looking at higher time frames Scaling in scaling out of that position Okay, so just keep it really really simple Build some confidence in reading the order book and the order flow at your levels and then Taking something out of the market And reducing your risk Okay, because then we get into more advanced stuff of like, okay, I took a partial profit Maybe this is a pullback. I got back in. I take another partial profit down here But I'm looking for it to continue down to 60. There you go Like that gets a lot more complex and a lot more advanced right away Uh, but when you look at things like that, I mean, my god, you know, you you can just uh, uh, really, uh, uh, optimize your uh, uh Your trading performance in your account Okay, does that make does that make sense That's why we there's so many different ways to go through this. Uh, we would just want to read the order flow Now what we just covered here Okay, and this would be like, you know a scalp we're looking for this to unfold Uh from 67, uh, maybe your stop would be up here Maybe you hide it behind some of this liquidity at 69 All right, and then take your profit Pull back low volume pullback. You know, that's a low volume pullback You look at the buyers compared to the sellers here Uh, and then we're looking for another move back down into it take some profit or here's another potential short Take again profit and now move your stop down to break even and you just got stopped out Okay, so you made two two trades in here and you got stopped out, uh at break even you didn't lose anything All right, so uh, but you were open for the bigger move to unfold here and trade down into 44 60 It's just one way to play it. There's so many ways to to slice and dice it Yeah, how did you I can go over, um, uh the Yeah, how did we think it was going to break? Um, and the order book and balance. Yeah, no no problem Well, this is what we had okay first off We knew the sellers took control Okay, this is one of the key things to, um, uh, look at what in fact, let's even go through this size I think we've been doing this like to get through some content and kind of having a theme for the day So let's let's do this. Um, we'll look at, um I would suggest go back and look at the order book and balance. I'll also answer your question here But we're going to look at who's in control in certain areas Uh, and then we're going to look for, you know, something to unfold Uh in the direction of that control All right, so the order book and balance was here we are trading up into in fact, let me let me um, let me clear the drawings and let me um also, uh Go to the heat map settings here And I'm just going to skew the the heat map here the lower cutoff I'm going to bring that up and make it a little more stark here to read. All right, so Here's where the sellers came in and and price dropped Hey, we were still looking for the drop and well buyers came in they moved it back up. It's still a low volume pullback Uh, and they're trading up into this liquidity up here. Here's your imbalance This is where the liquidity is here This is where it is down here All right, so at minimum You could look for A move to the midpoint now the midpoint here you can you can see the three dots there That's the midpoint. So, you know, I know where to draw it. I'll just draw it up here It's kind of like here. I mean at minimum you're kind of looking for that even up at this top edge here Uh a retest back down to the midpoint now Is there anything else in here because at that at this point here It's back in balance really the order book at least is kind of back in balance Okay, and probably better here because they they actually pulled and then added back in and then You know, it's more in balance actually here Liquidity here liquidity here um And then we see what what unfolded Was uh more sellers came in here to drive it lower and go for this liquidity in here And now it's back out of balance again Down here. Okay, so where's it going to go? Well, we need to see where that liquidity is But back up here Let's look midpoint. Where's the midpoint? Okay, well probably around 68 there, right Somewhere around there 67 68 and we'd be looking for a pull back to that If that look we we don't really know where that liquidity is here. So, uh, let's go forward a little bit Yeah, so we came all the way back up to this liquidity up here There's your imbalance yet again liquidity down here Okay, and then where is it up in these areas up here? Well, these guys have been in the book quite a quite a bit longer And we didn't we didn't trade there. We came right up to it, but didn't quite trade into it. All right Does that does any answer your question? Uh viewers are maxed out. Okay, um I thought I thought we'd be no there should be a few slots in there guys I don't know what else to do. We're gonna have to we're outgrowing our Discord channel here So we're gonna figure something out. Sorry about this Try stream one exactly Uh, so try that there's still a few slots in there. It looks like we have 96 in here So you should we should be able to get a hundred in there Okay, after a hundred though, it's gonna be um, uh a little more challenging. Okay, sam sam might be able to restream for us here Thanks, sam You got 30 3,500 Uh people in the book map Excellent. Um, all right. So anyway, you know starting to understand like Really what affects price? This is our education. This is part one of our education Like, you know, we can we went through that exercise turning off of volume dots looking at skews in the order book Here's our skew yet again Okay, now they're kind of pulling in here But you know, it's there's liquidity here and liquidity here. Where's the kind of balance point? It's around 72 And you you see it shifting though. This is where it With liquidity, it's it's kind of a You know, it it works. You you'll see a shift in the order book and you see price reacting Okay, so they're likely gonna trade back down to the 68 here looking for it And balance is right here around 70 72 and this is also the volume imbalance So we got two different in balances taking place here Right, we have. Yeah, thanks, sam. We have the order book in balance as well as volume imbalances Okay, now you can look at your imbalance In the um and the profiles you can even right click in here and split out your data in here And look at imbalances this way, which is a great way to uh, look at these trades and uh, you know, you can even reset this data in here And look for where there's skews and also the the transactions Okay, so we did trade down to 68 now. We have an imbalance there. Okay, bring it right back to 72. Maybe 73 Okay, this is the the area between 75 and 68 Okay, well, we made it back up to 71 So anyway, that was the exercise we went through. Um, let's go through, um, the um, maybe uh imbalances with volume now too Okay, let's put let's add that into the picture here Uh, another there's another column. I want to go over is um, you know, I split out the data here He's by the aggressor So buyers here sellers here and you can see that there's more seller or more more buyers actually at this little level here Then there are sellers Right, so, you know, we're kind of heading a little bit higher here It make make sense, you know, we see the little bit of imbalance in there because of the numbers So, um, uh, yeah, it looks like they're gonna try to trade right back to 75 right And they're pulling there at 75 75 should we should get the move to so there we go 75 76 let's see 70 79 now now. This is more momentum. It's not really about imbalance This is like just they're driving it toward these areas of high liquidity in here We'll see it. We'll see here here a little bit coming in at 75 see the imbalance there All right. Well, let's see if they can we've got momentum through the ups There's more imbalance. So we got the momentum. We're looking for it to trade up into these areas of high liquidity Okay, because we got more buyers. It's repelling them It's out of balance and it's repelling them the sellers And propelling the buyers Okay, make sense I just wanted to show this other column type in here, which I you know, I think is worthy Is this volume delta a column? So it's buy minus sell when we just looked at it before here This is buy plus sell Together and we can split it out into buyers and sellers. We got all the data in here I mean these are this is like a candy store for for your volume profile guys And then you can also look at buy minus sell Hey, and you can you can open up several insert a new column and Also in here Let's let's configure it again and go back to take out the delta Okay So we can look at this in here. This will give you some insight like where where are the buyers taking control in in the in the columns as well It's nothing but buying in here all the way up 90 now. We're looking at 95 All right, here. Here's our order book and balance here. We're kind of in the middle But we still have more buyers in here. So I'm looking for them to trade up to 95 Hey, they seem seem to be you know repelling the sellers. So I'm looking for buyers to trade up into 95 here Or I'm sorry 85. Sorry Hey, even even a little bit more in here a little bit more. What's what's the reaction? Do we find buyers we're starting to they should trade up to 85? Okay, understood Do you guys see that you see how you can read and use liquidity here? You don't have to if we take off the heat map This is what we have This is what most of us have been looking at for decades or years or whatever You don't know that You don't know that there was that push Uh, you don't know that that there's a high liquidity. You can look at your dome or your your um order book Uh, which reminds me uh sam. I'll get back to you. I mean, um Alan, I'll I'll I'll show the dome for you and demo that. Um The dome is great like you can um If you guys are accustomed to a dome, uh, it is highly configurable here in book map All right, so I I don't know I now I kind of I I like this view Actually, um, you know, just keep it really simple between buyers and sellers and and market structure Uh, and I think you can get a lot out of this view alone. Uh, however When we add the order book in You know, we can start to look at another element in here that really affects price This is all based on our educational course. If you guys haven't seen it, I would I would um Uh, really encourage you to watch part one and part two of our educational course There's there's four parts all together But one and two will provide this foundation that we're going over All right okay, so Let's uh, let's go through let me answer, uh, alan's question here on, um The dome okay, so right click in a column here and then come down into trading dome as your your data type And you can add in specific columns here or add in the default dome columns So i'm going to go with the default and you can see it opens up a bunch of columns in here Now you can left click hold and drag these around or you know hide them as well Hide the column, uh, this is where you're you'll have your trades, uh in here with the buy and sell area and um You have the bid here you have the ask here you have price in the middle I'm telling you you can just do about anything you want in here. Uh, it's pretty pretty configurable So let's say for example you want to mimic Uh Insert a new column in here. Let's just do this and i'm going to just show the The buyers here or let's see the sellers maybe Okay, and the buyers over here However, you want to do it. Um Oops no, I had it right Okay And then you can you can you know move them around as well, uh, however you like Okay, so you can really configure the heck out of this. Uh, I'm going to show I'm going to leave it at that I'm going to show you, um where uh, you can find out more about this There's some videos on it and the one click trading from here as well. No problem right, you can open it up, uh, and um, uh set orders in here from the dome No problem. Just make sure that you either have both or dome here, uh as you're in the trade control panel Uh, and then you set your orders in here and you want to be a buyer You know, here's your limit. You can you can even uh, you can move it here Or you can move it even here from the no, I don't Unless I have both selected then I can move it here on the chart as well. Okay Yeah, it's really really configurable, uh, you can edit them, uh, you know, you can, uh, Just you know all all sorts of things you can do in here. You cancel it whatever move it Etc. Minimize these as well. Left click hold and drag Um, so if you guys like to trade from the dome then then uh, this is how you do it All right So I'm going to hide these for now, uh, and I'll show you where the video is for that And I'm going to turn this into current order book And let's duplicate this one And turn this into chart range volume profile Okay, and configure it With uh bars in I'd like to see bars in numbers on this one Okay, not on the on the svp though all right Yeah, alan there's all sorts of videos in here. Let me show you where those are. Um, uh, it's just go to our youtube channel um and um Go into features and components here And then open it up Into the playlist channel here Scroll down, uh, and uh, there's there's a there's a few here. Um Columns all these columns are down here. Here's your one, uh number 33 watch this video here number 33 from the playlist Okay, I'm going to put it in here Uh, and uh, that'll go over the the dome settings, but you can also go lower here dome comparisons here There's three other videos in here To watch give you some insight about like, you know, how What book map is showing and and how to read it and uh, you know, the dome is antiquated It really is You know, it was great back in the 90s. Uh, it was a new technology to be able to see a depth But now we can see so much more because we have full depth of market and we can show it on the chart historically So now instead of just looking at transactions historically now we can look at Order or the order book historically as well All right guys, let's go back here to the price action. We're seeing some pretty good movement here. Um, and uh We traded 85 Come back down. Here's our order book and balance again back up into high liquidity at 85 again. They pulled here Now they're adding up here now We're looking for another order book and balance in here Uh, you know, if we don't get it, we just might find sellers bring it right back down to Uh, we're where they kind of broke out from here. So 84 Or you know, some of these areas in here look at our volume clusters Okay, and the midpoint here somewhere around somewhere around here You know looking for a pullback now Okay, understood You guys can you guys see that you see that we're up here Looking for sellers to kind of just just a pull back to the midpoint here Okay, of the of balance in the order book and one of the things that you know Uh, you'll you'll see I mean you can go back and you you can look this up But you'll see how there's you know, a lot of uh, quants um and financial engineers that studied the order book uh, and the um, uh this imbalance thing or The the balance and the imbalance of the order book Matters it really does. I'm not we're not making this stuff up. They were basing strategies like, you know serious money uh on these uh and algo behavior on uh order book and balance So it really does matter. It really does affect price. That's why You know, you'll hear people say oh the the order. I don't look at the order book. It doesn't it's all bs anyway It's not it affects price Orders affect price. That's what the market is all about. It's about orders Uh, so orders affect price Without orders, we you don't have a market Uh, what do I find and define in balance as? um skews, um, and we're just you know looking at areas of high liquidity Uh, there's more supply up here than there is demand down here So, you know, uh, there's an imbalance here Right where does it where would it be more in balance? We'll you know back down into you know in the middle here Does that make sense? I mean, uh, I mean you'll you'll see what you'll see what I mean If you look at the uh, in fact, we can even um We can kind of show it in here. There's we can duplicate this column Boy, this is okay. So we're not going to look at who's in control. We're going to go over order book and balance again. I think uh today Anyway, it's almost been an hour. Um, but uh Finally getting to the topic of the day um Let's configure this here. Okay. Now you can show it aggregate book. You can also cut the book Down and look at a depth here Uh, and then look how you can you can see like on the on the the number here on the top is the um aggregate 700 700 see how it's balanced right here right now Okay for these 10 levels You'll see where there's an imbalance. You'll see price. Um, uh, a lot of times react and move to it Here's no here's an imbalance here Right on the uh on the offer Let's see. Let's see if we get sellers come in there. We even see it in the in the q or in the in the heat map Okay But the the virus took them on on that one. They traded Okay, we can also look at the aggregate here like this and look for these imbalances in here Okay, you can you can open up another Uh column like this as well and look at an inside market. Okay. Now. This is where you get really into the algo territory um, there's naive market making algos looking at very very efficient um And they would be looking at maybe you know, I don't know Five three levels. Let's just put in five three gets kind of insane And look for imbalances within it Okay, so, you know, uh, you you'll see it again and again and you know, I know this moves very very quickly Here and this is the s and p. You know, you'll see it better in the bonds and You know the slower moving markets, but uh, we can go back like this and and we can look at these imbalances in here Okay, there's a bit of imbalance here for 10 at least and for these five On the offer Okay, well, let's see if they can bring it bring it back into balance. Okay, and it came down a little bit Could should come down a little bit more And it does Okay, now there's still more here and here So let's see if they can bring it down a little bit lower and we'd be looking at these previous areas into here Okay, and they did okay. Now what happened down here? Yeah, still in balance to the on the offer Yeah Boy, we don't even see a lot of buyers go into it here Uh, and it and it came back up That's that's odd. That's odd behavior Um, we see an iceberg in here and some stops as well I triggered up here yet another imbalance in here and now it's only 10 levels, you know, so Uh, this is not going to work like 100% nothing nothing does And we're kind of eyeballing it here Um, but you know, we're looking at the kind of bigger picture stuff and um Trying to trying to get like, uh, I don't know 20 levels 30 levels something like that and and see if we see something Uh, some sort of imbalance in here as well All right We'll play around with it Um Yeah, no, I mean, you know Boy, I tell you the programmers like The stuff that they've come up with like we're just kind of In these webinars, we just kind of scratched the the surface. Um There's just so many different ways of looking at the data in here. It's crazy. It really is like, uh We can do, um, refreshes in here. Um You know, we can look at quotes delta. We can just look at quotes Um, we can look at, uh, uh, yeah the aggregated aggregated book here. We can set the depth Um, I guess we got most out of what we what we see here, uh in these columns All right guys. Well, here we go now. We have what do we have here? We got up up this move up here We've got a stop run We've got high liquidity in here Uh, and uh, I'd be looking for uh traders to trade it right back down Okay, maybe back down to this balance area for volume at least the balance area is here Okay, right here And we have we have a stop run too Okay, let's see. Do we do we see, um, maybe If we get a skew in the auction here and in balance, uh, then I'd be looking for buyers to try to trade it back up and through Uh for into and through maybe 44 90 Okay, else I'm looking for a pullback here. Anyway, I'm gonna point made on the uh on the book there And uh, let's let's bring it back to reality here Full depth I don't mean reality. I just like something a little more, um like less crazy, um I mean that that's where you really get into algo territory, but like I like I said earlier, um You know, you can read it on these higher time frames. Here it is Right and we're seeing a stop run up into these areas here And now if we don't see like an An in balance here, then I'm looking for sellers to come in. I know this is This is blaring that this should go higher Right, it's just uh, it's screaming here. Uh, we see all the aggressive buyers coming in Okay Looking at market structure. We're making higher highs higher lows. We should go higher But we're seeing also something up up in here with the with the heat map now the heat map setting here I'm going to bring it back down to restore But you can see what I did. I skewed it all the way over here all with a lower cutoff to get this view Okay, when we add it back in like this, um And I need to the dimmer here. Let's bring it back up to full full strength See now, this is this is what happens the party kind of like shifts Or it gets upended here when when you have all of a sudden in here high high demand or higher demand coming in Uh to uh, I get to push the buyers up into this liquidity here Okay at ends of trends you'll see this behavior a lot So maybe we're ending or getting close to the end of the trend here, okay at least on this time frame Okay, and usually what happens is is either these guys pull or they transact and then you see The order book skew on the opposite side Okay higher supply at a lower area Or more supply at a lower area Okay, all right, if that's the case and they did pull here. Let's see if they can get down to 85 here And so you can see them coming into the book here I want to see these guys pull I don't want to see them move back down to 85 That you see you see how they're coming in here and we're right back in the middle here between these two areas Okay, now the the the point the point in here is like uh to use this to your advantage So, you know trying to trying to Tangle with these algos in here is a losing battle But when we know that we have a bit of a push on an And a little bit of wind at our backs here and we have buyers coming in You know, we look for that move once we start to see like a The structures start to change Etc Then you know or like I was showing in that other image here Okay, this one here right high liquidity Skiing the order book skewing the order book and then finally taking on here Okay, but they they trade up into high liquidity all the way up Yeah, let's see if we can get the view here 50 000 foot view not really not really Um We don't have we don't have that behavior. I mean you can see some in here There's your imbalance here which propelled, you know Propelled buyers up into high liquidity here Okay, do we get it again up here? Let's see So if we do then they should be able to trade up back up to 95 and maybe 4500 Anyway, let's just take us a breather here and come back and look at our higher time frames in here And what do we see? Boy, we're not missing much, huh? But we're just right in the middle of the range on this hourly Yeah, so Not missing much structurally here our 15 minute chart Yeah, you know, you can kind of look at maybe some of these levels up here This is a nice nice breakout on the 15 minute Okay, where are the wicks there's a wick up here and maybe some areas up in here, you know, maybe maybe uh 4500 is the target here You know right there 4500 Okay else Look look for it to go higher 44 45 12 or 13 up here Okay, that's where we found the sellers on this 15 minute chart And this is a strong move out. We're starting to see some wicks though um Let's see. You assume there's some videos on imbalance in bookmap youtube. Yeah Uh, I I would I would recommend though Alan just go to the uh part one of the education That will show it probably better Uh, and then and then we'll just see it in here. I mean because it's important to understand the concepts Uh, and then you'll see it visualized here And no no question. All right. Thanks Doug 40 44 Uh 400 Uh 49 15 on the spy. Let's take a look High liquidity Yeah, I love it. I love it Doug. Thank you. Yeah, looking for these guys to transact. They're going for it See see how we can read it in here as well So they're gonna they're gonna go for it like they they want to that we see buyers climbing up after it here Right, so they they want this liquidity here. It's advertising. You know, this is you want to be Uh, uh, you want to meet some sellers here. They are Every time you watch those four videos pick up something new. Yeah, I mean, it's just uh, they're Um, that's that's that's very nice to hear. Um that uh They they provide some some good good foundation For you guys in the order flow Yeah, and then we're just going to go through that stuff here again and again and a lot more in these in the webinars Here And then we can start to look at, you know, that's why you like a part four We go through part one is the understanding market mechanics, which is essential then structure And uh, you know, because it goes from basic market mechanics into like a bigger structure and even more higher time frame structure, etc um, it's fractal, uh, and then uh part three is going through setups and um strategies And then part four goes through the confluences and add-ons Okay, so for example, I know a lot of you guys are looking at the sweeps and stop Runs as well as like the icebergs. Okay, but that's a confluence, right? It happens. Um Uh It doesn't it's not trying to generate a signal for you. It's giving you more insight more transparency Into what's going on like look at this massive iceberg. Hi here Wait, actually, it's not that massive. Sorry Sorry guys for today. It's not bad The bigger icebergs down here Okay, but look for a stop run above an area and a move back into the range You know, uh, that the breakout failed and we know it's like people getting most You know, it's it Not not all are stops, uh, but we can go in and take a look at that but uh, I look for it You know rejection outside of a range and move back into the range Okay, here come some sellers Here's the order book skew. Look at that. All right. Let's see if we get more sellers in here now Okay, try to reach our our 88 and 87 level here looking for it looking for it See how they're pulling there and we're getting sellers looking for them to trade back down into this lower level here Okay, and let's see if we can start trending a little bit on the lower time frame here now It's it sellers haven't taken control here of this market yet We don't I mean you can see maybe see say that here, but it's it's not that really It's not that distinct. Um, uh, it's kind of it took a little while It's just some selling that you know drew the market lower here So it's not really control In fact, you can say buyers actually took control here and moved it up a bit All right, so I'm just looking for it to trade down to the bottom of the range here. Look at the order book here Okay, so I'm looking for yeah bottom of the range Hey About 88 here. Maybe uh 80 87 50 Okay, and our poor guy down here at 85. He pulled No longer interested Now these Our order book kind of duped us here a little bit like they pulled and and they're kind of flipping a little bit pulled here adding here This is where you have to be really careful With order book and and a lot of this stuff is uh, you know, yeah kind of be it's kind of treacherous uh stuff. It's um You prohibited behavior All right huge buying huge stop run Also, look at the reaction here stops and icebergs So we have some pretty big icebergs here 640 so about about 100. No, it's not that really that much. I'm sorry It's 100 on the stops as well. So it's just kind of a blip Okay, but up into this liquidity here 95 Well, even with the skew in here, we didn't even get down to 88 87 They they flipped it here So and these kinds of flips and these kinds of things happen a lot You know, you know, I have to be kind of careful here And uh, you know a larger player will skew the book one direction and another But everything was looking pretty good until then right? So, you know in this channel lower liquidity here starting to find our sellers Looking for lower liquidity down here here more more of a skew right And then they they pulled here and they start to add here And we got our buyers Okay, and then looking for you know 95 or Or higher here Yeah, um, let's go through that spy Let's see bowie So here here we have our big this was a dead, uh, dug looks at he looks at these He looks at correlated markets with the etf here spy and the and the s&p And we were looking for this to trade uh dug pointed it out earlier We were looking at You know, it was it was somewhere around in this area here. I think And we were looking for the move back up into this 95 or I'm sorry 449 And we got it. We got it. All right. Now what happened after the event? Okay, look at the sellers coming in back into the range. All right. So where are they going to take it now? If we now and how many sellers are here and did they take control? Yeah, they're this is where buyers came in right here. We should get a little bit of a bounce here Okay, probably back up to 90 or 49 here Okay, because of this transaction right here And this is where the buyers came in and moved it Okay, so it's already pulled back now. Let's see if we get our our sellers in here now Maybe a little bit higher And then let's see if we get our sellers in here. Don't like it until we get sellers below uh 49 here Yeah, I don't like it at all until their sellers below here Let's jump back to that s&p Yeah, s&p wants and wants this uh wants this liquidity up here and wants to trade to the figure There's our skew More demand. What's the reaction? It's muted We should get buyers we we're looking for buyers here now. There we go All right, so let's see maybe they push a little bit more And we can get up into 99 and and and 4500 Uh a few more questions. Let's see, uh 44.92 is the spot gamma level expected to act as resistance. Thanks, Doug I love love your guys input here. Thank you. I mean, it's really great That's what chat chat rooms are all about Uh, let's see sam. What would you like to see to confirm this reversal? Uh, it looks good here if it doesn't play out and they push higher and let's take a look open original All right All right, so this is uh sam's image here. So move up into high liquidity here Okay up in here and then back and forth in here. So you're looking for the reversal. Well Um, I would say I mean what need what you really need to see is like you you need to see the sellers You know kind of below this area here This is where they kind of raise it and you start to see them start to come in here Around this 89 level you have some exhaustion up here. You do have an order book here Um, yeah, and what do they do? So this is 1110 to 1115 Um, yeah, I'd I'd be looking for them to trade it back down into like 87 here And and some of the swings in here based on this this looks pretty good It wouldn't be a full reversal. I mean their buyers are still in control from this point here So let's see 1110 to 1115. No, it's 1109 or so So you're looking at this swing then you saw these buyers come in Boy, I don't Don't quite see the same thing you're seeing I know this is the data That's this one here Okay, well, yeah, I mean you I do see some buying up here sam I don't on your chart I know you filtered some of that out But but this this is kind of what I see is buyers in here actually Yeah, looking for I mean I I see what you're looking at like, uh Um Selling down below here. I just don't really see significant selling down here We get the retest here. I mean the order book looks good. Yeah, that's true um, and We made a lower high here It would be good to see more selling down in here as well but this they need to get through this point here and they didn't Uh, and once you start to see the buyer and and them taking these guys on in here Right. Let's see if we got some sort of skew in here Or did they pull some of it trans acts some of it trans acts some of it pulls No, this is just pure buying pressure And they came in down here Yeah, you know, look, it's not a it's not a perfect science. Um, of of course, but uh, uh, it's just understanding auction and uh auction theory in it and, uh Uh, not by volume Auction market theory but by order book in here Yeah, the way you have it kind of visualized, uh sam it looks um Well, the only the only thing I would say is that that This is where they took control in here, right and is there enough selling in here? To drive it lower here at this point order book looks good like like you have marked up here You know should should get the move lower Uh, by the way, it looks in here, but I look at my chart and I I don't like it In fact, I like this area above here They need to they need to break it below that Hey on on size Yeah, they just didn't Anyway, this is this is why we mark up our structures as well Okay, this is where the buyers came in Hey, there's the the move outside of it when it came back in And then more buyers up here and then boom And then we can do the same thing again and again With that market structure. So kind of here and here Now we're starting to see sellers And we're below this this area here And this swing here Showing some demand in here finding a few buyers Okay, a little more demand in here Now they should looks like the looks like they're going to try to trade it back to 95 So more demand and we're finding some buyers here So just just looking forward to to actually this structure here Okay, keep it even tighter here and we see the liquidity here. All right. So looking for that level Now we're we need to see the break the range here on some size even this even this little range here It's got to be on some size Okay, and we had some exhaustion here Here they go. All right. Let's let's see the move here. We should get to 94 and 95 Okay, notice notice the order book in here and a little bit of a push And this 94 is being real stubborn there there. They took them on though. So let's see if they go higher Back to 95 Okay, now how to use this like, you know, I don't think this is really Um, yeah, I mean you can hyper scalp this Uh and and look for a point point a half whatever Um, but that's not the point here. Um, it's not the the drive In the direction here The thrust of of this is understanding imbalances that you can use on other much higher time frames As well It's just demoing it in real time and showing you like this is how it works Uh, is it really affects the market and and again, uh to to reiterate the point come back and look at this This is the whole day yesterday From 8 a.m To 4 p.m here And look at the order book skews in here here Here and then finally taken on here and they trade they finally trade through them All right, and and where did where did price go? It went up to areas of high liquidity Okay to test them Okay to trade into them All right, so anyway You know using and utilizing the order book here, um Into your levels in your trading plan And let's let's also take a look here. So we didn't quite get up to 95 here. We we came a few two ticks away from it um But and we're right back down, but you know, that was the direction we're looking for due to what we saw in here um the um What was I going to say the uh Oh, yeah a higher time frame levels. Let's let's take a look. I mean, it's just pretty dismal Really, I mean this was a nice breakout of the of the 15 minute range in here strong strong breakout This was at 11 a.m And I would the first reaction I would have up here around this kind of 78 level here Let's go back and revisit it 78 here is I I would be looking for sellers up here Uh because of the wicks we see in here And instead we got we got the breakout Okay back up into here in that boy. There's not not much shaken up here So let's see 11 o'clock Oh, here it is 1045 In our breakout. Look at that buying iceberg in there too. Yeah, so Anyway, you can see higher liquidity up here and they they do trade into it a bit Uh and it goes back and forth and then the buyers start to come in here looking for just the move to 75 This was we covered this in real time Just looking for the move to 75 at that point top of the range in here And then buyers really picked it up now. This is we've been covering for quite a while Is looking for A real big distinction in in in the transactions moving it away from where Anyone anyone want to guess? What what are we what to see this kind of activity here? What are they going to move it away from? I don't know what why why do you need we need to see this kind of this kind of buying in here? Let's see. I don't think they broke the structure 1104 low was held. Yeah, so so Does that help you sam? does that kind of uh Help you understand a little bit more Of what you what you're looking for in there In some of those areas Yeah, great great. Okay. Yeah, I mean It really the structure is really really important Because uh, the uh, it's just like we're covering here on a higher time frame structure and a break of it Okay, look at the volume up in here And they're they're moving it away here. So alex 40 40 500 405 are major levels Um wouldn't short under those Yes, yeah, this is where the buyers they they're look at the big profile here and you know look Profile trading you don't have to be a profile trader Uh, but what we're talking about is we have a lot of back and forth in here Okay, let me clear the drawings again And then add it. So this is again what we're talking about structure I mean, we know there's a lot and we see look look look who took control here Yeah, I'm going to go through the um Exercise here for taking control. Um, just uh just for today. We'll go through it really quickly Um and just kind of uh touch on it, but we'll go through it in in more detail another time Or we just have a big trading range here And in that big trading range You know, this seems to be value Okay, if it's up here, it's too high of price if it's down here. It's too low in price And uh, you know, you get traders agreeing upon that It seems to be of value. We'll look where it got upended And this is exactly what it takes to reevaluate Uh and look for um, a new trading range to develop This is how you get your profiles. You get a big profile another profile, etc And this is really what it takes to to lift it away from that area and you can see look at the distinction Look at that volume in here And where did it trade up into 85 here? And then it went sideways, but that's high liquidity even it even traded through this area in 80 on up to 85 And then look at look at here high liquidity coming in at 80 at 80 underneath here As well supporting it buyer supporting it Okay, so uh, yeah, we we got continuation here and it was still being kind of reevaluated look at your profiles now Okay, so we have a huge big profile and see how trending day when it starts to trend away from that area Uh, this is what you get these smaller profiles like this Okay, very very. That's just how it works to very typical Yeah, exactly alec alec. You've been really learning a lot. It's really great to see Really great. Um, so uh, anyway, we can you know, look this is going to be a little hindsight And but it's a good exercise. Uh, now we traded up into 4500 You know, they they wanted that liquidity. Uh, they they got it And uh, let's let's see what unfolds up here. Let's look at our higher time frame as well So boy our higher time frame I'm still looking for buyers basically to pull it back up into this hourly chart looking at 45 You know 12 13 maybe even up here 30 right just just by looking at the order flow in the hourly here You know, this is where there's We're going to have to readjust it here. All right, so bear with me on that Um, we're going to readjust it. Yeah, I I still like that one. I still like that one a lot Okay, this one up here though. We can move that up to the swing as well Right, so yeah, I'm looking forward this kind of zone up here on this hourly Okay, so we know there's wicks up here. There's sellers up here. Uh, you guys can see them Uh, but yeah, we're looking for uh, uh, it to at least test. So we're looking for here You know 45 12 45 13 Okay, and look and we see wicks up here. So we're going to assume that there's still sellers up here Uh, it's really good to hear. Uh, Alec. Uh, yeah Take take full advantage of these webinars. That's what we're here for Uh, so let let's go through this. Um, and just we're just going to mark it up And then we're going to end the day here. Um, but Clear the drawings one more time. Uh, and just look at where people or where traders are are moving the market and taking control All right, so we have a nice one here sellers. Uh, taking it down And then we'll just mark that up in this rectangle here Okay, now, uh, it's tested We see buyers above it here It fails this breakout fails it comes back down into the range here Uh, and then it it really can't get below Uh, this it goes a little bit below the swing here, but it fails and also comes back up All right, this is where they move it away very very clearly All right, so I would be I would be assuming that since we already have like I would mark up a range more or less like this Assuming that you know, this is a pretty good range here As well or you can go bigger I guess, but uh, we Yeah, we can go with this bigger range. I guess that's probably be better for the demo But buyers take control Okay, they're taking control here. They're taking control here You're taking control here starting to look a little different though starting to look a little different See starting to see some selling in here also in here, but uh, Definitely, you know taking control here All right, so now look at our structure. Okay, we know buyers are are firmly in control as this is trending up Identifying that is really important on whatever time frame it is you're trading Okay, make sure you you know look to see who's in control in those areas that will Filter what kind of trade you're looking for and how to how to also consider a Managing the risk. All right, so we have The trending market here and we got market structure held the trend line really nicely So now this is really no different Then what we were marking up Earlier with the rectangles, but this is just tilted So these areas are too high So let's take it down These areas are are too low buyers take it back up And buyers are still in control So still looking for them to trade higher here Until this structure breaks All right, so it makes sense. So we'll go over it more tomorrow. I think So let's see. I think we'll we'll call this one in balances again I'll come up with something but anyway Let's see here a few more questions and then we can wrap it up here Let me know if you have any other questions Alec, okay. Let's take a look at your image here How to trade spreads Are you are you talking about like option spreads or future spreads So you're talking about calendar spreads Okay. Well, yeah, you know, we can take a look at that And we might even be able to look at the multi book product for that Which could be really interesting Yeah, yeah, well, let me take a deeper look into that Alan But I want to go through the image here and Alec is saying what are What are the left to right lines connecting the dots? You're talking about these lines in here Alec So 23359 Yeah, Alan, you'd be looking at calendar spreads of one month to the next or one quarter to the next Especially during a rollover Okay, uh, these are your um It looks like it's the um Sweeps or absorption indicator here. Okay, so uh Let's see, uh, Alan go up go up to uh your uh configure add-ons here And do you have the absorption indicator here checked? Is that what it is? That's what it looks like No, it's not that Yeah, take take a look. It's one of them in here and then de-select it and that'll that'll give you your answer So and there's some really good information guys that that that um absorption indicator and sweeps indicator uh Really really nice stuff being able to um, uh, you know see some areas where Uh, you can kind of look at sweeps compared to stop runs. Uh, you can also look at absorption compared to the heat map Uh, or even absorption compared to icebergs So, uh, yeah, you'll you'll see some uh, some some interesting insights Using the combination of those Another thing here just uh, there's a wait for Alec to kind of type up his question. Uh, just wanted to cover this as well Um, look at icebergs and stops going together here This usually leads to some from what I've seen in the past like it's usually pretty strong trending days Uh, what it means is people are getting stopped out, but there's icebergs just supporting it buying right up behind it They're not buying the other side So they're still buying here Even though there stops it doesn't matter. There's still the larger players are still buying So it gives us some insight, you know, when when you see now order flow rules first see see how that again down here Uh, and then also here Also kind of in here. They were absorbing Getting filled here before the stop run But anyway, yeah, you can you can see these kind of working together Uh, and um, uh, usually it makes sense Usually you see a pretty pretty nice trending day not not always but Makes sense. There people are getting stopped out. So what they're still buying All right, so the stop run in this case is not a stop and rejection and there's not someone on the other side here That uh, I mean, yeah, there's high liquidity here. No doubt about that Right right in here. We know it transacts But look at the iceberg here Here's your iceberg, uh, right in here Right in here Okay, so you see that the sweep of the order book here is your stop run and they're right behind it Okay, it pulls back and uh, uh, they're they're just sitting here on the bid Okay, so that's that's a hundred It's not a whole lot for the s&p. It's it's minimal basically, but uh, uh, there's a hundred icebergs getting filled in here And we get and we get trend continuation No, I don't we don't have any any, um, uh spreads calendar spread type stuff for features, uh on our youtube channel Alan Yeah, it looks like Alec will help you out. Great. Yeah. Yeah guys come up with some some materials in there, uh, and There's all sorts of stuff out there. I mean people have been doing it for You know decades and decades Trading those those calendar spreads Anyway, guys, uh, we'll wrap it up. Thanks for coming everybody. Uh, and Look for, uh, tom to be streaming here pretty soon he'll get in and He's been doing a heck of a job in there. Uh, as you guys know, um For god, they whole afternoon So some really good stuff in there. You can apply some of the things that you learned in here as well Uh, he's but he's going to be going through his, uh, You know trading way, uh with Using auction market theory and volume profile So you'll get a lot more in depth about that kind of Uh trading style In here, we're going through a little bit of everything All right, and that's uh is by design to do that. So anyway guys, yeah, thanks for coming everybody tomorrow we'll have, um Jay trader, so for the first 15 minutes or so we'll we'll go through, uh The futures and uh, you know, maybe some, uh interesting stuff in here, uh, and then we will, uh Go into stocks once jay trader comes in. All right Yeah, thanks for coming. All right, we'll I'll have this up on youtube, uh pretty soon Okay guys take care