 All right, good morning traders and welcome to the book map live trading webinar. This is bruce at book map And this is the live analysis. We do Monday Tuesday Friday 10 a.m Wednesday Thursdays we have live trading and this is the live from Jay trader stocks trader on Wednesday and scuffle Cini futures trader on Thursday It's the complete package here or goes through What you get here, so we have an educational course. It's online. It's on our YouTube channel. You can find it You can get yourself educated on order flow How to read order flow what book map is showing you how to read book map? Understand how these markets work And then we have the live analysis here to go through all of that In the live environment so that you can put it to the test And read it and then we have different traders Jay trader Scott we have After this event we have Tom be a volume profile trader. So they're looking at their specific way of trading so You have that resource as well plus the discord community To ask questions. We have other events. In fact, we have an event this afternoon Let me just show you here in the YouTube channel Okay, you'll see it here. It's on the Bitcoin trading competition If you're interested in this, this will be at 2 p.m. East Coast time this afternoon So we have Tom's event and then the this event here so that you can Join the competition you can win $3,000 if you win the competition So it will go through all the details how to get set up is for Bitcoin future futures with trade of eight and Yeah, come to the event and learn all about it and get signed up There's a cutoff on Sunday night at midnight. All right, so if you're interested in that We'll go through the details. All right So let's go through the risk disclosure and jump right into the S&P e-mini 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 risk disclosure 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 Let's jump in then Okay to this S&P All right, we're finally we've made it to the 40-50 level here in the S&P and we're going to continue it looks like Let's see if we can get up to The 100 level. All right, we're just going to go through the process in here on How to read the order flow? All right, so the Understanding of who's in control and who's moving the market in specific areas. So we see buyers just move the market Where did they move it to? High liquidity here at 50. Okay at 40 50 So the 40 50 has been in the order book since the entire looks like the entire overnight session If the buyers want to meet the sellers, this is where it is transactions already happened, right? So now what happens after that? Well, do we still have buying pressure? Looks like it. So let's see if we can get up to 55 And and maybe maybe even higher. All right So what's still looking for buyers here green dots market buy orders lifting the offer up into higher areas Hey, what about the bid? Well, they're down here at 47 if we get enough sellers in here Maybe we can get down below the swing down below this little breakout here in this area Around 47 and then maybe they can bring it back to point of control or VWAP down in these areas here So yeah, we're just looking to see who's going to take control and right now it's buyer right now. It's buyers. Okay You can see all the activity in here. Look at this player in here Moving his liquidity from this 49 here on right up to this 54 and a half area here. All right, so this is an algo and they're they're Kind of Decided that they don't want to get filled here any longer and they move their liquidity up up to a higher level In fact, our large lot tracker can show that here It's probably around 250 contracts or so one individual actor this little white line displays that and We can understand the behavior of some of these different players in the market here So in fact, they even moved it up from that 54 on up to about 57 or so same player. You can see his activity. Okay, so anyway, we'll just start off with that And Continue on until we see something different. So we're still finding more buyers now. There are a few kind of caveats in here just You know, we know the buyers are in control, but it's it's not really Complete control. So for example, see how dark it is in here See how the sellers can move price very quickly Back down to maybe this liquidity here at 50 All right, so because there's not a whole lot of liquidity in here right now So this is what brings on kind of volatility or You know, these moves back and forth within a range Uh and explore the outer outer range is here to see if it accepts or rejects If it accepts it's going to trade higher for example All right, so anyway, just going over some basics in here And let me know if you have any questions I want to take a look at the bigger picture here And this is the daily chart over here on the left. I don't have a lot of candles in here because rhythmic Blew out the data there with one of the candles So anyway, we're above the swing here in this candle. So In and we see the buying pressure in here for the day the hourly chart Well, here's the gap up above this area here on the overnight and the continuation here So strong move There's the 15 minute chart over here on the on the right And we see the strong move continuing All right, so Let's take a look at where this might go All right, so we can Add more data in here bars No, that's not it One week look back. Yeah, we want to look at Three months or so. Okay. So here we go. Uh, and this is that 100 area up here Let's just make this a little bit bigger On the hourly so, uh, you know, we can see that move back up into this maybe 84 on up to about 100 110 Even 120 is up here And this is where we saw that kind of pullback and then steep drop from Last week or some time ago here And now we're getting the pullback, uh, you know within that steep drop here So I also like this little area here. We see the there's kind of a little legend here Around 60 40 60. So that's where we're headed right now. It looks like to try to get up into that area So we're just looking at because higher time frames. Who's in control? Uh, and who's moving the market right now? And we can see that Although we have this big big drop from On the hourly chart here We're seeing this pretty strong move back up into these areas in here. All right, so And we just look for that continuation until we see something different And that's what we're reading in here in book map Is that continuation? All right, so let's go through our Exercise in here, um, uh, no sound on discord. You guys should have sound. No, I'm looking at it Yeah Let me hold on a minute Yeah, okay, everything seems to be working All right, so don't know what to tell you, uh, but, um, uh, confirm from, uh Uh pro k ricky r and jc. Okay, so, uh, and I know also it's working here in youtube. All right So Anyway, last several sessions to be honest. We've been looking at price structure a lot I think it's been helpful, uh, to go over, uh, you know Higher highs higher lows who's in control in some of these areas? I mean, we can just basically Take a step back here in book map and let's just take off the volume. Let's take off the heat map Uh, we'll also take off the vwap and the Point of control in here for now, uh, and just want to look at price action So best bid and offer and we'll take off volume. All right, so Just looking at the price action with, uh, streaming best bid and offer And we can see that, uh, yeah, we're making higher highs Here, uh, just before or at 9 30 we had this, uh, volatility and back and forth here But we can see who won that battle here. All right, it's a breakout to the upside Uh, and it's a continuation pattern here. Uh, we see the the move up All sorts of back and forth for several hours and then now the break of that up into 50 all right, so, uh What we want to understand now, uh in some of these moves who's in control Who's moving the market? Uh, and uh ascertain that and we can look for Uh continuation patterns or rejection patterns and maybe move back into the range Right back into point of control here. There's a big big point of control here As you can see around this 36 level. So, uh, let's uh, let's zoom in here A little bit and then now let's look at the volume dots and volume bars And then let's take a look at, uh, who's moving this market? Well, this is where you get that context Okay, so here In terms of the structure, we know the structure and the structure is here There's there's always these markets are fractal. There's structure within structure Uh, and then we can see that we're breaking and creating a new one up here All right, this is where you can look into your measured moves all that kind of stuff as well It makes good sense to understand that like a half move Or a full move based on the on the structure in here and you know talk about True ranges as well as where stops are and where where people think it might be overvalued And you'll see these measured moves. That's why they work. I feel but Uh, nonetheless, uh, do your own studies on that one If you like measured moves and that kind of leads to fibs. I'm not a fan of the fibs whatsoever, but I do like uh, looking at um, some of these moves because that's where we're going to see a lot of a lot of traders Get stopped out in certain areas, uh, as well as uh, pull backs To tops of ranges or bottoms of ranges. So anyway, what we're looking at In here is the context of the volume within the structure. Uh, and this is where it gets easier. We'll make it simple Okay, so who's in control? Well, clearly buyers in here look at the buyers clearly Buyers in here all sorts of back and forth. Here's some selling coming in, but it's not much, right? So in here again buyers Moving that market in here as well. It's come down and it's tested into this little area multiple times But we still find buyers and they're basically making higher slightly higher highs or equal highs in here Uh cash open. It's a mess A mess trying to determine who's who's in control in here. Here's where we see it though Clearly, right now. Let's look at that area in here Okay, there's a lot of selling up here now too, right? So that's uh, kind of muddying the water here Uh, and we need to see more buyers back up and they need to take control above this kind of 52 and a half area for The continuation higher if we get that All right, so we can look for pull backs in these areas in here And this is again where book map can be really helpful. All right, let's turn the heat map on Okay, uh and and look where they might be on the bid Okay, and then we'll also look at Areas in here. See you see where they broke out from here Uh, and we can look for pull backs to those areas or where there's structure in here And there's pull backs to these areas See see the sellers come in and the sellers come in again down to that area here Now we're getting our buyers Okay, now we're up at our 52 and a half look at the buying up here though Okay, what's the context of this buying up here? Okay, not so much not so much We need to see a lot more than that if they're going to move this higher And now they've all they've done is basically, you know traders have moved it to the top of the range Okay, now we're looking to see if the buying does pick up and this is where we look at again the context in here And let's just zoom in a bit more. This is where they broke out from this smaller structure Okay, and you can even look at this fractal move here from here On up to top of this range Okay, which would be about here And we're just about there All right, so now Uh, are we going to get more buyers and try to break out from it? Well, this is where we again look at the context in here, you know, what's the bid look like? Is the bid supporting this here? And uh, we're getting our buyers. They're coming in And they're and they're moving this higher Okay, so what? Immediately sellers come right back in and see if they can hit maybe the top of our structure here on a pullback Okay, and then we're going to look and see if this is a false breakout as well And then where do we think the uh sellers if they want to uh move this back down? Well, we can look at our high volume nodes, but we also look at these little structural areas in here So this is a good one right here around 51 And we'd be looking to see if sellers can reach back down into that area And we need to see quite a bit of selling And I don't really see anything too clear here right at the moment I mean this this is nice I'm surprised that it it went up as high as it did here to be honest I thought we'd probably come up to about here Maybe break it and then reverse back down it broke it by quite a bit And now it's breaking back down into the range here Okay, let's look again for sellers in here look at where the buyers are lining up in the bid uh down here And that would be around 40 50 back to the 40 50 number here Okay, now so you can see we're this is not a trade recommendation room But uh, you can see how we're reading the order flow here And we're looking for some of these uh scenarios to unfold and it it is um uh relating to uh or kind of What's the right word? You know, we're we're alluding to many different possible trading strategies in here Okay, this would be your mean reversion trade Okay back to this kind of point of control or the figure right here. It's already done it Okay, and we already talked about that Uh, look at them take it even further back down to the bottom of this range here All right, let's zoom out again All right, so quite a bit of selling now quite a bit All right, so they are now uh in control from this point onwards Maybe you can go from this point here, but I would say about this point onwards Look at where they came in And we also can look at the order book here, but this is what we want to look at All right, so now if we're looking for pullbacks on the buy side We're looking for low volume pullbacks maybe into this area here Okay, or maybe all the way back up. Maybe it pulls back all the way to 55 Okay, this is a pretty good little zone in here Okay, we can zoom in a little bit further get a better understanding see where they came in here and took control It's already been tested Okay, but uh, it failed Now I'm still I would be looking for a deeper bolt pullback on this. Um, maybe up to about this Yeah, it's a little sloppy in here Maybe back up into here Engulfing on a five minute. Okay Floyd Good morning, Levi Good morning palo palo. Do you have sound now? You should Okay, Daniel, you didn't you didn't like the opening there All right understood. Well, what do you suggest? and uh, I'd be happy to uh Do that. I needed to mention that creating competition. That was the only thing Uh, we basically just there's new people in here. So that's why I go through the education and What what we're doing in here in general in the goal? Okay, so now we get our pullback up to here All right, so now I need to see sellers coming again Hey, if that's going to be a pullback here, it is a low volume pullback look at the selling Compared to the buying Hey, look at the size of the dots We can even you know measure this in here as well we put this within we can use the um Um Order book and balance or volume and balance here and we can put this within the chart range here And we can go from here On to the current market All right, so and look at the the volume and balance in here. Okay, so there's negative uh eight percent um That's uh, uh, there's more selling than buying And let's see those sellers come in And let's see it sellers Let's see it I don't see them at all Okay, so nothing clear at all right now But let's see if they can do it and uh, and then this would be the first error right back down to this liquidity right here in the book Uh at 50 The opening. Okay. Okay, Daniel. I so I miss I misunderstood the opening of the market was ranked. Yeah, it certainly was. Um Absolutely, um Okay, pa paolo you got the you got your um your sound guys. Sorry about that. I'm missing it here This is what we're kind of looking for. Um, and the move, you know You know at least back down to here point of control at the 50 Uh that these guys polled here. Uh, so this is still kind of rank. Uh, to be honest, uh, Daniel Um, but this is these are hard. I mean, uh, the clarity is now really simple Right in hindsight, but we were reading this here in the in the market and we just didn't get much out of it Uh, you know out of this read here. Uh, we were looking for this scenario Hold on a minute here. What's going on? It's kind of hard to Pull this around Oh, this is okay. I'm in that All right, never mind. Um, all right, so we're trying to read this scenario in here We knew what we were looking for uh around this zone and looking for our sellers And then look at the order book in here. It's just horrible. We're not getting any insight um, and uh, I mean previously we We saw like these guys coming in right around here around 50 ish but, um You know, the order book isn't telling us much the aggressor is not telling us much Okay, the only insight that we got it. We're looking for this like what j-trader says Uh, is this curling Hey now this you have to be really kind of zoomed in here And you can read it though, but again the order book is not helping here But the aggressors and the structure is Uh, okay, we have we have buyers here buyers here buyers here No buying or very little buying no selling here. So no insight here at that point yet Okay, now if we get our sellers down below in here in these areas around 52, okay, which we do Okay, we're looking for them to maybe move it back down to here Uh top of this range here, you know where this broke out from maybe further, you know, point of control 50 Okay, and they do really quickly now again like That would be the re or the scenario we're looking for Uh, and it's only it's purely aggressor in here that made that move happen All right now there is Um, another thing to look for in here And this is where we came up with the whole scenario to begin with Uh was this structure over here Okay, let me zoom out again Uh, and uh, and let's take a look at it here. Okay So we have the the buyers come in we're looking for that false potential false breakdown. Uh, it did uh, and then Uh, it went quite a bit higher than we initially kind of thought But the sellers came in pretty strong. This was our pullback and we outlined little areas for the pullback And then the sellers came in just You know, you'd have to really kind of be paying close attention For that one and you don't have the heat map in here helping out, right? So Again, like the liquidity is really at the at the edges here 45, you know, 58 59 up here Etc. Uh, we did recognize the sellers taking control Uh, and then we we did recognize this as a pullback. It's just the read in here was was challenging Okay, now we actually we actually got another pullback in here Uh, so uh sellers again Pullback Okay, they didn't come up that high here. Well, they came up pretty high A little bit above this little area where they broke down from but not up to here We were just covering And then again, nothing from the heat map in here. It's just we're talking purely about volume Uh, there's more sellers here than there is buyers and they're not making a higher high Again, look for the sellers to rotate back in And that doesn't really happen I mean, you can see it in here a bit, but it really kind of happens here Okay, and once they get uh below these guys in here and then we're looking for maybe a stop run down below 47 And let's see to do that And do we get stops? Yes okay, so Anyway, we're going through it. Um, not the cleanest reads in here lack of liquidity lack of heat map But structure and volume All right, so and we're going through the scenarios is just that would be a challenging one to look for or take Okay, let me dig into some of these questions. Um The chicago opium project. Good morning. What was the steps to Start learning deeper about book map. Okay. Well the educational course uh, would be um Yeah, rollover chop is another good one george. That is true. Um the uh, Uh, oh, there we go. Um educational course right there in youtube. You can see it. There's a link to it Uh, and there's four different. Um Videos in that educational course Uh, we can cover some of it right now because there's we're not really seeing a whole lot right now So we can we can zoom in further Uh, and take a look at that but uh, uh, some of that course content Right and it's really digging into the market mechanics is to understand how the markets work Uh, and this is the the fundamental. Okay, so the link does take you to the the course uh here the four parts and if You're new to book map you even if uh, you uh, are a veteran trader. I would still recommend parts one and two at least Especially part one. Uh, let me just show you it here You can see like we go through a couple diagrams in here about Understanding market mechanics and what's work. What's making the market move here? And uh, we we have the aggressors in here moving the market, but we have an influence From the contracts in the order book and it makes a big big difference in here. Uh, it um The market is made up of orders. It is the behavior of the participants using their orders That influence price Okay, the the heaviest influence would be from the aggressors because they can actually they take liquidity and they can actually move it to another level All right, but the order book here in the passive orders They can stop price from moving And just continue to throw more orders on top here and um absorb as much as the The market can give them And you'll see that happen so anyway, uh Let's uh, let's go through some examples in here Uh, we're we're just look at the volatility in here I mean just there were the bashing around in here. Um, again, like we just don't see any kind of Commitment in the order book in here except for here at 45, which it came down and tested close to it at least I'd actually traded at 45 one contract at 45 Uh, and then here's the move back up to this top of the range here But the liquidity there's a little bit at 55, but they're really up here All right, so and we're just kind of really bashing around within this range in here Okay, we saw the sellers take control here. Look where they got tested Okay, almost almost there almost there a little bit higher here 55 All right. Well, anyway, the market's getting kind of wound up for a bigger move Uh, most likely here, uh, and we do know from the bigger picture in here at least from the day Buyers are in control still Okay, we see sellers in this time frame smaller time frame here them taking control Okay, this is where we need to see on the bigger picture. This is where they need to be upended is above this 55 level All right, and look at the buyers coming in they're you're going to go go for it here Here we go All right, let's see now. What other kind of clues do we have? So we know this scenario here buyers moving it away from this zone in here back up to Uh here 58 and a half Okay, so uh the scenario would be large green dots And then we would want to see actually the opposite of this not Sellers on the offer here. See how they influence price And we got we got sellers the reaction to this liquidity was sellers Okay, so maybe they can come back down to here It this the order book that gave us that insight though We were looking previously before that order book in here Uh, I wanted to see actually them flip from the offer to the bid to support it Get more buyers in up here and then move on up to the top of the range here where that liquidity is Or top of the liquidity zone And that was totally upended here by these sellers and we have large lot tracker in here It shows us larger players doing that Interesting stuff in here Okay, it's getting ready Okay, again sellers. Okay, it looks like they're going to go for the bottom of the range again or or i'm sorry 50 here You can see how these are fractal these markets Same concepts same ideas here just on smaller timeframes Okay, we can really zoom in we're looking at very a small time frame in here But we'll look at microstructure in just a second. So here here's the uh, uh, this move here Uh, and then see how that we maybe we can get sellers and up and that move They're already above it here All right, so back up into here this liquidity here Okay, if they don't and we see exhaustion here and what if we get sellers down here Okay, then we're looking for and this is this is a low volume pullback Then we'd be looking for a move right back down here to 51 and a half Okay, most likely maybe maybe maybe lower Okay, let's see at sellers. Let's see if you can come in here to start an auction a little bit And buyers on the other side Okay, so they're going for 55 Okay, great Do they have enough here? Looks like they have enough Let's zoom out a bit more. Yeah, it looks pretty good I'd be looking for these buyers if nothing else happens in the order book that disrupts this just by the aggressors here Looking for me up up here around 58 59 maybe 60 And now again, this is not a trade recommendation plus we don't have the order book really on our side here Okay, we're just looking at the aggressor right now Let's go through also some measured moves in here because we get all these false breakouts and breakdowns in here So here buyers trying to take control, but they'll get upended and to come and we can come right back down in here and let's just kind of Let me get rid of all of these rectangles So this move here Okay Uh, we could if if this fails then we'd be coming back down into here And that would be kind of we're talking about measured moves in here And uh, we haven't really talked too much about that before But it's based on the the structure That's why you know the measured move we you get these pullbacks to where it broke out from like that And then here are our buyers again up at the top And they're breaking it they're starting to break it here I just don't don't like it. I mean it's still dark underneath here. So You know sellers can bring it right back down here again So no one's really what i'm basically getting at here is no one's firmly in control in these areas Okay, we can go through all these different scenarios in here Uh, we can look at very very small time frames in here Okay, but uh, we don't really see someone firmly in control Okay, see how it's auctioning. Let's see if we get buyers up here. Let's see if we can auction up here Okay, there we go They they should be able to move it higher now And now what the problem is is see how you get sellers They can bring it back down here Then this is the trap This is the trap and this is the wash out and here is the stop run And where did it go? Okay, back down to the swing. Let's see if they can go lower actually back down to 54 Okay, there's your false breakout And we're looking at it and kind of pulling for those buyers in here for sure right in here And then the trap was set A little bit of selling here, but I really it's down kind of at the bottom of the range in here And that's where they they pushed it through here And once they've gone through that Once one sellers go through that it's pretty easy or it's easier to get back down to the bottom of the ranges and so Yeah, that's why we look at these traps all the time. We talked about it last week Or Monday or Tuesday And look at the move right back up again again aggressor is just all over the place here Moving it down moving it back up Yeah, uh, floyd. I I the measure move 55 was a bounce from the low. Okay. Um Yeah, the the one thing I like the measured moves like just I'd um, I kind of shudder a little bit or just be careful with them and It's it's it's really kind of um, I mean the market doesn't care about measured moves I mean it they happen because of the stops and and uh, the other players But just firm firm up your your trading strategy on that It's so it's it's so attractive. That's why fibs are so attractive. It's like, oh look at hit my fib level great You know, I'm looking for the opposite the retracement or whatever. Uh, oh it hit that level. I mean Yeah, I and it's going to hit one of those fib levels, but You know, it's it's due to what's going on in here in the in the order flow that matters The fib level really doesn't matter It's the orders This is pretty classic stuff of the false breakout Breakdown and then comes right back up and then does break out You know, everyone gets kind of stopped out Uh, market moves back up and and you get buyers again take taking it higher. Look at this guy in here At 57 and a half Let's zoom in and let's go through this exercise Hey, so here high liquidity here one player large lot tracker also here Uh, and uh, what do we get enough buyers up into it? Nope Sellers we get sellers at the bottom of the range not much And so buyers are interested you're coming after this this uh liquidity here If they can auction here, they should be able to trade into it All right, let's see it buyers. You should be able to trade into it. There we go okay now Just because this is this is on this lower time frame. This is our event here And they traded into it Right now what after the event? What has happened? Okay, do we get buyers above it? No But even in a smaller time frame, we're just not seeing much here Uh Lack of lack of buying lack of buying. Okay. Now. Let's see if we get buyers in here. There we go All right now buyers. Let's see if we can move it right back up to 57 and a half And then maybe 58 And I can't speak fast enough. They they immediately drop it, but we are right back up here again And let's see if we can do it again. Let's see it buyers. This is your chance There's auction And let's see the move back up 57 58 57 and three quarters 58 Again not much in the order book in here Not much at all So that's why we're kind of looking at these small much much smaller time frames to understand auctions better entraps Roller rollover activity is um is very difficult. I I know a lot of traders. They just don't even trade during that time Let's take a quick look at it. It's easy enough Okay, there's there's our move back up here Let's zoom out also higher time frame. Let's take a look at it Okay, do we do we have the the means for uh Buyers trying to lift this into 60. Yeah, definitely. Um, we do Uh I mean look at the buying in here. All right, so here's here's it's already unfolded Uh, let's see if they can get higher 62 and a half Up up to here. It's pretty pretty strong buying So want to see him move it higher. Okay. The bid is supporting it now here. That's good And do we still get buyers and then we're looking for a 62 Let's zoom out Now this can lead now see the buying coming in in the bigger picture here. Well, this could lead to a bigger move On up to um higher liquidity. Uh, it's up here around 73 ish 72 and a half Okay, and then let's let's take a look at our rollover as well Okay, I just do this Um See me volume ES That's it contract specs and then we come in here you can see the current um month is september, but uh I don't and I don't know when this is new. They just put this in. I don't know when they're gonna, um Update it if it's by open interest or by volume Uh, but we can go on the into the tab here volume and open interest Uh, and uh, let's take a look Guys this is It's working. It's still going higher here. I see some selling up here, but uh Still looking for that higher liquidity And then we'll scroll down a little bit here and then let's look at here. We're gonna have to Take away price action for a second here. Um, all right, and then here's our september contract We can look at, um The volume in here. We have the globex. We have the december here Total volume, uh, we're clearly still we're doing pretty well in the um, uh, the u contract here a september contract Okay, so there there's quite a bit here. I don't think we're close to rollover. It'll be next week So look for it next week So we're doing fine Okay, more questions hold on a minute Um, why do traders avoid rollover periods? Um Uh t dunzy, um because it's it's really It can be really challenging to understand like who's Trying to take control The behavior of traders is different Rolling from one contract to the other exiting positions entering positions um in in other con in you know in the next quarter contract And it can be really kind of hard to ascertain You might want to look into some spread trading Uh, you know during those times Is an option in bookmap to get volume and book bars volume bars, uh It comes with book map. You you'll see it here under studies configuration right here um order book bars, um Pro-k I know you I mean you're in you're in here all the time. So I I'm kind of I don't know how to answer your question. Um Because I I'm assuming you know like the the book order book bars Oh up here up here. Is this what you're talking about? Ah, okay. This is part of the global plus version It's an add-on indicator The volume is called the in balance indicators and it's under a studies configuration here Um, here's order book in balance And there's also volume in balance Here volume in balance. There is no it's just based off the chart range. Uh, and it's really simple. Um It's it's it's basically like cvd Okay, it's going to give you an output here, but based on the chart range So if I zoom in here in into this area here, we're going to see a bunch of sellers Uh, and we should have yeah negative 10 11 whatever percent So that that's that's really easy read. Uh, the book is more complex. Uh, it has some filters in it Which is really nice. Uh, you can filter the number of levels for it to make the the uh same calculation, you know buyers versus sellers basically, uh, and then you can, uh You can do it by percentage you could also do it by all available price levels here And you'll you'll get these different calculations, of course So, um, that that's some nice filtering in here. You also have a half life like a kind of uh exponential Uh weighted average here. Uh, the half life would mean that, um You know, it's making let's say for all price levels in here, but for the first 10 Uh, they will be twice as important compared to Uh, all of the rest Okay, so uh, basically, uh, half of the Um, you know, the 50 mark would be 10 levels Right, so, uh, let's say let's suppose we put in 20 levels here just to make it a simple example Okay, so 20 price levels, um, but the first half will be here of 10 will be, um Uh, weighted twice as important compared to the next 10 of the 20 levels in the entire, um Calculation, right? So, uh, yeah, play around with it. Um And then you have sound alerts in here too, uh to to look for in balances It be careful with this so you know that uh where your alerts are coming from guys nice move here by the sellers And uh, they are taking control here moving it back down to 58 Okay, we should get I would assume they're going to get a bounce here, but some heavy selling in here So, you know, at these points here, we assume Um, because there was a lot of buying in here, we're going to get a bounce All right, so, uh, a lot of times though after some of these moves in here It depends you need to kind of look at the selling in here compared to the buying over here A lot of times the heavy selling comes in here. It'll just it'll blaze right through this point You will not get a bounce Uh, but you can see the sellers in here. I mean basically again Look at the bars. Look at the dots. This is like a low volume pullback in here again okay, so It's not We always look for the bounce in here It's even better higher probability to look for the bounce in here, uh, if it's on less volume in here Okay, that's always the case on low volume pullbacks Uh, we we've talked about them in the in the past many times over Um, once price gets down here though It could be down here on low volume If you don't get those buyers to come in it doesn't take much for sellers Then use some size and push it through that area and likely you it will not come back then at that point You know, it depends it really depends on the on on the day and the and the traders But if they push it through here, they'll take control of it and this will be kind of the trap set It would be a big one from 58 on up to What 63 and a half or so So we hit our we hit our our 62 liquidity here And came up a little bit higher and we're right back up again All right, so let's get a feel for the sellers in here It's not bad, but uh This see see this would be a low volume pullback for these buyers in here right And let's see what happens because if we get buyers back up above here Then we're going to 65 These guys will have to get stopped out And this could be a it could be a good move either ways It looks like it's going to be a pretty good move that we can kind of duplicate this And then move it Okay, and uh, well, you know liquidity here is 65 and then up here is 66 67 And let's see it buyers. Let's see if you can do it I think they got it at least halfway of this And halfway would be right here around 66 Uh, let's get back into the um guys We're just I mean we're we're still we our job is to read the order flow in here regardless Uh, you know, we we continue to move up here Uh the um And we see the buyers taking control in here Uh, and it it took a took a bit uh for that to unfold Uh, and we see the pullback here is just the this order book in here I mean, we just don't see a lot of uh kind of um support And this this volume is just you get these kind of Range bound to range bound moves in here. So like this is turning into a false breakout here And then we'll try to stuff it right back down into here 60 looks pretty good. Uh, let me get back to some of the questions in here Lay from okay, so you're looking at the longer term buyers being in control. Yeah, I mean like uh, Boy it depends on how far you want to go back Uh, you know, we could look at a I think I've got it hold on Yeah, I mean we can look at this, uh You know like a monthly chart in here Right, I mean I mean monthly chart. We're still in an uptrend I mean, it's just this is more like a pullback See the little little areas kind of sideways Uh And then the continuation pull back to the same idea the same concepts Maybe top of the range down here as well But uh and and look where it moved back up into even on the monthly chart Okay, I mean there's kind of a you know a lot of kind of slop in here on the monthly But you start to look at these ranges again in here and swings So on the monthly chart up here like 41 35 looks pretty good Somewhere around there. Anyway point made on that All right buyers starting to curl back in let's see if they can reach back up to 63 Uh 63 and a half maybe 65 Again just looking at this small little area in here It's not much. It's really not much to look at Just kind of going through the same process though Hey, we can zoom in and go through that that very low time frame Okay exhaustion to see do we get buyers up here? No We got exhaustion up here to see if we get sellers here then they should be able to move it back down And they'd probably move it back down to yeah, this would be the next area 58 and there's 58 and a half Let's see 58. All right. Let's see if we get our sellers again Let's see it sellers. There we go and they're starting to auction down here One more and there we should get the move now we should get the move. Let's see it sellers Now kind of turned into a trap And now the buyers take it away Well, we did get down to 58 and a quarter. All right. Let me get back to questions. Um Stampede market. Yeah, it's really big swings in here I mean if we've talked about it many times like if you don't see like It's just not my style really but for you rangebound guys You know You can look for these these these pullbacks try to go with the bigger picture Uh and and then take it back up into well, I would probably take it At least back up to here. See if we can get more buyers in here and then take it back up further Okay, so and this all of this in here is really kind of sloppy to take a look at That's why we're zooming in. Let's see here. All right buyers back up Okay back to the top of this little range and let's see if they can auction out again up here around 60 60 and a quarter Okay, it's setting up nicely low volume pullback buyers and let's see it break on up to maybe 61 or 62 another another retracement looks good Okay on the smaller time frame I mean, uh, I'd be looking for buyers to try to take this higher And that idea is losing steam right now With sellers down here And exhaustion there a little bit of help here in the order book because that's what we like to see Okay, so that that helps and the reaction is some buying so let's see if they can move it back up now maybe 62 See see how that helps so much more We get this kind of understanding and and um help from the order book in here We haven't seen that much When we put those pieces together of this kind of assistance here in the order book And then looking for that auction up here That's when you know, it's they're easier reads back up into like 62 right now Right, so on this smaller time frame You know, uh, well, let's just zoom out here Because it's kind of working for a bigger time frame too But yeah, you know, you can you can take some off get risk neutral at that point Move your stop guys. We have a new break even indicator as well I think it's in beta But um, I'll be demoing it next week. It's pretty pretty great though So that you can get your risk, um, you know, take scale out and then Look for the continuation Or hold your your winner, but you'll know exactly where your break even is on the overall position I think it's included in yeah, it's included in global plus Assistance in the order book asante is like, uh, what we saw in here. This is what we've been kind of lacking today Was that See them they're on the bid here It's not it's not a whole lot. It's not like red or orange, but they're on the bid here And we see how it's dark around price in here This is all aggressors in here here. We see a distinction See how they're they're they're bidding underneath here Now just because they're bidding doesn't mean anything It's in combination with the price structure and the the support of this breakout. We see buyers come in Okay, great. So we're looking for it to trade to previous swings Or other areas maybe high liquidity In other structures over here Okay, so in this case that's what it did. In fact, it even pulled back And they're still here Supporting it in the order book on the bid Okay in the heat map here Okay, so I hope that's clear. Uh, this is a I feel this offers you a really really nice edge when you put those two together Yeah, uh, you know, how long do they stay do they pull just you know There's all sorts of things that can happen in here in this case. This worked out really pretty nicely For that move a small move But you know, sometimes like, you know, it's all sorts of treacherous stuff Maybe you get some of this Then these guys pull here and they price comes down a little bit and they just slam on the offer And then you'll see the aggressors come in and they'll move it below that area on down into lower liquidity Hey, we really need to be attentive to all of that because look what look what price is doing now, right? So Uh, yeah, okay got up. We'd get risk neutral. Um You know back up into some of these swings and then look at the sellers here Here's where they came in and slammed it back down And then this was that area. We're just looking at this is this is where again, like we can read these areas and traps and and Understand the order flow around these areas in here Okay above this area And look at where the sellers come in. Okay, they came in here true True to the bot to to move it to the bottom of the range They auctioned here and then they moved it back down here Okay, you'll see that this area here is the pivot This is the area at 60 and a half We really want to watch which happened to be where these guys were supporting it kind of uh previously Okay, does that make sense? I mean, I we're getting into, you know, a little more kind of um Detail uh in here But it's really no different than what we were talking about in some of these other areas on the higher time frame as well About traps breakdowns breakouts, etc. So now sellers are moving it Okay Look at the selling pickup. Okay from about here on even even up here on Simon, yeah, we can take a look at NQ as well Let me get to some of these more of these questions here in youtube PD legend. Um, look, I mean, uh This isn't your typical charting platform You know, I would I would recommend that or you know, encourage you just go through our education Part one start with part one Because we're going through a lot of stuff in here in these advanced webinars And I can understand why it may be confusing, but this is just truly how the markets move You know, it's the influence of these orders in here And and uh, it's traders behavior that moves the market so You know, what we usually say is like, um Well stick with your trading strategy, whatever it might be Let's suppose that you look at candles for example You know like a five-minute candlestick chart or something And this let's dim the heat map a little bit Okay, well, you know Try to look for order flow within here within the five-minute periods to give you some insight here So here, uh, it makes pretty good sense even on this candle it came back up to the top where there were sellers previously Okay with the wick Sellers come in they push it down and they we go below this these wicks down here, uh, and then Now we've pulled back to Um, basically kind of middle of the range here and we again we're seeing sellers come in All right, so great. All right, so I'm looking for sellers now To try to move it back down to bottom of the range. Okay, so look at the candle in here The candle is not really telling us much either today. Uh, look at this one here Okay, it ended red But it's these sellers in here. This is what we want to look at Right and these sellers in here over here that made up, uh The body here. So we're looking for sellers again here right now 58 and then the drop to 55 Okay, just by reading candles Okay, we're looking for that to unfold Okay, this is how understanding the order flow Uh in book map is going to help Right, so stick with whatever you're trading But then look at order flow to, uh, confirm a lot of your ideas Okay, and I think you'll look at much much higher probability in your trading When you start to see that because otherwise if you don't have this, um, this is what you're looking at You you have volume bars, but you don't have the dots. You don't have the heat map You don't even have Vespin offer You're just looking at these candles and you're trying to make decisions Boy, I mean there's a lot lacking in here A lot I think it's very very challenging to kind of read this in here Uh, and you're just kind of you know It's a shot in the dark In fact, what we usually say is, um, uh, look, um Just Soak it up in book map in the educational course forget all of your trading strategies to begin with And just understand what moves price like we're showing in here on these, you know, very small time frames kind of second and sub second levels and then Or multiple seconds in here What's moving price and understand the these these elements in here that the orders that move price and then Once you understand this You can bring in your your trading strategies And this is kind of a different education Okay, so we see our sellers. We already had a retest here Uh, and we found buyers down here Okay, kind of down, but where we found them again here earlier Hey, but there's still more selling in here than there is buying All right, we made a lower high here. I'm still looking for sellers to drop it into 55 And then maybe they can even drop it back down to 53 Or even down to 50 Okay, see how the sellers are coming in here sellers coming in here sellers coming in here. We're at Well, we'll be at 55 in just a second 55 and a quarter three three traded down there Okay, well, anyway, I hope that that's clarity some clarity very very simple things you're looking at here in book map The only three elements on the chart Okay, the best bid and offer streaming over time the volume within that context of of the the best bid and offer And then also the heat map is showing you the auction of The limit or the passive orders on the bid and the offer And that's it. Uh, yeah, I mean boy that I forget the guy's name. Uh, and that was in the uh, the uk and the is uh parents basement trading um But yeah, I saw a little clip. Um, it was like 20 or 30 minutes long on In bloomberg it was excellent uh, very unassuming guy, uh, and uh, just really Um, understood what was going on in the markets and understood game theory of like what's moving the markets uh, and Uh, you know understood spoofing extremely well Uh, and was able to uh piece that together and and uh do really well. So guys, this was the move we're looking for Right, so it's not it's not rocket science here. It was just order flow Hey, and understanding these sellers the pullback Uh, and then the looking for the push through. Hey, we're down to 53 Okay, we're down to this wick here. So you candlestick guys, maybe you'd be taking some profit there Uh, you volume profile guys are probably looking for the move to 50 Something like that. All right, uh, simon you want to jump over to the nq. Let's do it Uh, this is something I like to to look at is like, um, correlated markets Hey, so the nq um Versus uh, or and also the russell versus the s and p Who's leading or you can even look at some of these? Um, uh stocks in here. Let's take a look at apple Well apples up amazon It's kind of back down to the middle of the range. Um Nvidia Hey, it's up kind of moving down Uh, and then let's look at the nasdaq Okay, yeah, it broke up and then uh Starting to see our sellers come in now Okay, same same concepts, uh simon breakout range Control buyers all over the place. This would be your your, uh, distribution. Okay Sellers buyers sellers And this this would be this would be your wyckoff. Um, you know Uh distribution markup Or i'm sorry accumulation markup distribution markdown or maybe continuation But uh Anyway, let's take a look here at this. Uh, this is getting interesting in here Okay, so look at the buying coming in here Right, so this is going to be a great battle to check out and we have our european clothes coming up So this is going to get interesting. Um, you know, I like some of the selling in here But and we see some good selling in here, but it's countered right away white by some pretty good buying in here Uh, so Really is the the point of contention is right here at this 50 I'm sorry 12 uh 5 40 area here Hey, let's watch it here. Let's see if we get our buyers back up above here not yet Here we go All right buyers there you go back up to here or maybe maybe 50 Um, but I would look for it here 47 and a half or so There's the swing here, uh, and then selling here and Let's see if we can get that We're getting a pullback immediately Okay, looking again for the buyers here 50 50 45. All right, so there's some let's see if they can move it now 47 and a half maybe 50 here There's your move beautiful okay, so uh again like See how we kind of pointed to this area here as being like wow, okay We'll sellers below it buyers right back to it and then kind of all over the place in here However, we know that this 40 level is going to be in you know, um, uh important Uh, and we're looking for that scenario of buyers above it here. Great. We're seeing it. All right Well, let's get back up to here the swing which is about 47 Uh, and uh, and then if they you know still have some buying pressure. We're looking for 50 all right, so Made it to 50 pulled back immediately and then and they come right back in again All right, so I don't know I kind of went through that quickly But any any questions on that and understanding like you know Who's taking control in here and how we didn't really see control here But we're looking for it above or below This 40 level here I'm trying to make it really simple for you guys. Uh, but you can see it though, right? And you can look at the structure in here. We can take all of this again off of the chart And just look at structure All right And understand okay, so we know we know the structure in here now Let's look at the context of the buyers and sellers within the structure And that's where we really get some insight is that context Okay sellers followed by buyers and then back and forth and this like okay, all right We're looking for buyers above 40. We got them and then we're looking for Just moves back up into these swings to begin with and there's even more buying pressure They came all the way back up to here top of this Top of these ranges here now Let's this is another pullback. I'm again looking for buyers again back up here move it to move it back to 60 Okay, because they're they're in control now Okay, let's see if they can move it back to 60 and then break out and then come up to high high of the day here 570 and and above Hey, we're not not ready yet Hey sellers sellers moving it right back down Okay, and then now looking here again Or here do we get our buyers? And we're not We still get sellers Okay, so let's see if uh, we we want to get our buyers back up again above are little 47 50 area there So there's some I don't like it It's not much We see that's what we want. That's where you want to see the distinction here Right, that's what gave us the insight here We didn't like it So we're not looking for it. In fact the opposite we're looking for this to fail and sellers to come back down to here And so again context of of the volume And then now the heat map is where we're going to get a lot deeper insight as well By seeing like the context of the the limit buy and sell orders Where they are And well, they're down here at 30 and they're also down here at 20 more questions. Um I think we're all kind of caught up Acumulative volume delta you want to take a look at You're welcome simon Yeah, we can we can take a look at it. I'm Again, I'm like I think you guys know I'm not a big fan of uh of indicators. Um, I just like to read these these three elements here the um But sometimes it's hard and that's where like, you know Some of that sometimes we look at the the book and volume and balance in here to get some some understanding We can also look at the cumulative volume delta to get some understanding in here You know, I haven't really looked in and I I did in the past look into some depth in here But I it always just gave so many false positives or you know, um I just didn't trust it, uh, but if you um look for confirmation Uh, or I'm sorry correlation in here or confluence with your your indicator Uh, then you can get a lot out of it. I think You have to really understand your indicators In my opinion, uh, you know, like uh What what are they doing? First off because a lot of people just want to you know, look at it and go is doing it. There's divergence. It's going to do this It I've I've done that. I've been upended so many times. Uh by trading that way Uh, I just don't do it. Uh, so um You know, but if you do if you do see something like there's divergence Uh, and there's a heavy bit in here And you start to see maybe some of these swings in here like some buying up here Maybe some buying up here again And then you see big divergence and they can't get through some of these areas in the order book in here You know now you have a pretty good confluence Uh, but we already know that's going to happen up here. You don't need to have the the indicator for it But whatever. I mean, uh, the confluence is great. Sometimes I think of what was floyd or somebody was looking at the um engulfing bars Uh in candles. Well, that that's no different in in kind of in my mind of like a false breakout uh and Uh, and then move right back away Right, let's see if we can get a engulfing pattern in here On the five minute Maybe we have to go to like a three minute Okay, nice selling Looks like they're gonna go for the point of control or just about there um, let's see, uh Yeah candles, okay almost You don't quite get an engulfing um But you know the the concept is that a quick move down a quick move back up Uh, and then there's your engulfing bar Here and that would be rejection But again, like, you know, what you'd be looking for is not just the candle pattern What what's the what's the volume and the order flow within the candle pattern? Are they supporting that on the bid? Um, do you see aggressors coming in on the buy side lifting this? Uh, if you got that and you have your engulfing now, you've really got something Okay, so again the order flow will help confirm your candlestick patterns Uh, if let's see, um adam Uh, it's very very simple. Uh here we can we can extrapolate this from the order book here In the nasdaq, um above price here in the cob column, which stands for current order book or your your depth of market These are showing your limit sell orders above price above best bid and offer Uh, and then um or above best offer Um above best uh or below best bid And including best bid is your your depth on the bid Okay, and that's it So that's how you know if they're buyers or sellers. So these are seller or buyers down here Okay, they're all buyers down below They're all sellers up above In the heat map Hey guys, again, you can see that pivot. Um, uh right in here buyers lifting it right Starting right around in here. I guess you can go down here, but Um, anyway, I'd be yeah, we already see our pull back here to the top of this range Okay, see the bid here see now we're getting something at least in the nasdaq see the bid here in the reaction buyers Okay, all right back up to 50 basically 47 and a half 50 Uh, let's see now. This is pretty strong. Uh, see see the strong buying again strong buying in here Let's see if they can get this would be another kind of area to look at right here just above 50 around uh 51 uh, and then Back up to 60 basically and maybe maybe we'll get a pull back here Maybe here to about 41 Doesn't seem like it seems like more buyers are coming right back in so looking for a 52 Or 51 and then uh, let's see if they can continue higher here pretty pretty strong buying here So you see how this is so much easier to read in here Especially with the order books see the order books supporting it underneath. These are easy reads Or easier reads You know, uh, and and you can uh look for Managing your trades in there Uh off of those easier reads Again, nothing is for certain but You know when we can ascertain who's who's moving the market Uh, we we look for that to continue Oh, yeah, uh adam can this uh software help in identifying short squeezes, uh, and um That are fake and eventually a drop we see this kind of stuff all all day long in here, uh, like below here And then the the quick shift away from that area here This is all trapped in here And this is a short squeeze we we even have the stops in icebergs indicator in here from the mbo data Uh, and the red line are our stop order transactions of blue are iceberg I don't see so many stops yet, but i'm looking for them And they're probably up here at around 60 Yeah, we look for that kind of behavior all the time And again, if you know if we don't see a lot of stops in here yet This is these are new buyers coming in then we kind of can assume that right because we don't we know they're not stops Uh, so, you know, look for these guys in here as well Like if they cannot continue to move the market Look for a move below there from the sellers Uh, and then look for stops below that and a squeeze to the downside Okay, so just um Yeah, no no other kind of position I mean this this adds another dimension in here now we are getting our stop run as you guys can see And we we're kind of would assume that up up around that 60 area here Yeah, so so, uh, I hope that answers your question adam and bradley um about uh stops and and uh how to use them and when it when it's showing you something when it's not I mean you can you can start to look at this behavior in here is like well, these are new buyers then Okay, so where would they be upended? Right, so, you know below Okay, but they're still in control Right now They would be out of control when we get sellers below here Uh, that can really start to move it as well. All right buyers and push And stop run this you can get Big big run here not much. Here's the big stop run was over here in this move here Yeah, okay. You want to take a look at that bradley? Sure. Uh, we have this not just the red line here We have it the the indicator also includes um on chart So you can really get into the details In fact, let's turn off icebergs for a moment. Let's see if we get our big stop run up here And again, this is another thing to look for. Um, this is fuel here for the stop run up to here You can already see it unfolding there I mean, there has to be someone in here that's got it wrong You know Okay, and then you can also look at another thing. We see this all the time exactly this behavior too Just because this is a stop run Um, it doesn't mean that it's gonna, you know You know pull back like this If there are more buyers up here that will just continue to buy Then it will just we'll see it continue to move But this is the way like scott pulsini is using it Looking at, you know, this the he's looking for this Big event of a threshold of stops or iceberg transactions. That's the event And then he's looking for the order flow around the event to unfold here. Okay, so That that's the way he's looking at it. So, you know, let's suppose this is I mean in this little range in here This is the biggest stop run here. Well, we can see that it it it hit the stops Okay, but there's no more real buying then Back up in here because that's that's quite a bit and make, you know, there's not a whole lot of buying up here Um, it's mostly stops. I believe it, you know, at least 29 of the Oh, I don't know how many are in here Um, but uh, it looks like it looks like, you know, more than 50 percent at least Uh, and then if if that's the case Well, then These aren't buyers to lift it higher it's kind of like And and in my mind is kind of a vacuum, uh, because We have the move higher Uh, and we can get the the sellers that will move it back down into the middle of the range or or bottom of the range in here Uh, because it's not new buying. Uh, it's basically, you know, capitulation Uh, and that's where we see the the sellers come back in and move it In this case Beautiful thing in here with the stop runs, uh, both adam and bradley. I mean, you can see everything Uh, this is one of the benefits of book map how it visualizes market data in here We have some aggregation issues in here This is not from book map. We're just identifying this for you That there are some, um We're we're trying to be very precise with the, um, the data in here And that's why you're seeing these warnings in here It's it's not it's it's not a problem with the software. In fact, it's the opposite We are showing you that there's a problem with the mbo data That we're receiving Okay, and so that means like well, then you won't be able to trust this, uh, maybe as high as you would If if there are kind of, um Uh discrepancies in the data the mbo data, okay So, uh, yeah, let me uh, I'm not seeing a really great stop run in here We'll probably have to go to the s and p to see that Uh, but we can see the whole thing unfold here Hey, there we go. Here. There's a nice one 115. Okay, so and we were assuming that above 60 It got quite a bit above it for that stop run But I think we can go in here and take a look at this one Yeah, this is a good one Okay, so here's what unfolded and this is I just love going through this. Uh, I just think it's beautiful. So we have best offer Here's our aggressor here Okay, and we can zoom in and look at all the details. Here's our aggressor here move the price up And now stops are triggered Okay, these are all stops Okay, we know that it's just fact okay, um And stops again stops all the way through here These are all stops Okay, all the way up the red line here Is showing us and then and then it aggregates them all together 115 Hey, this is one single event Uh, it is sub second. Uh, it happened very quickly And um, uh, we know that as well because look at the best bid and offer update later So this is one event Uh, and it just took a few orders in here to trigger a bunch of stops All right, so it's likely a larger player here. I would assume that Um, because this is a big stop run, but we don't know that All right, you'll see different stop runs. In fact, let's suppose that red line initiated here Okay, not in here. Okay up here And then it filled 115 Okay, well, this would be the aggressors charging up through that area Hitting there and they may be hitting stops along the way in here But then the stops start to transact They're they're in in the queue as well the aggressor queue Hey, there is an aggressor queue as well So it's not just the in the queue in the limit order book Uh, the person that uh, let's say they hit the market buy button in here With with pretty big size and they move they move price Okay, well, they're gonna get filled first If there are stop losses in here They are gonna get slipped and they will start getting filled up here all the way to the top Until there are no more stops left That's what's gonna happen in this case I would assume that it is a larger player Someone just kind of triggered that larger player in here for 115 And then we just see them take a really take it But you know, I'm assuming that I don't know Because they got slipped quite quite a few points here With their stop loss It's kind of a nasty move Okay, so anyway, that that would be my assumption, but uh I we don't know That's 115 contracts as correct Adam And you can see the entire evolution of that stop run At sub-second levels Oh, yeah, um a sweep of the book Bradley is typically a stop run Typically doesn't have to be but it it it typically is Sweep of the order book is is this um It's precisely this Okay, it the aggressors came in I mean and the aggressors in this case are They're acting like aggressors is the um stop loss order because it's just buying by market, okay, and they're you know Well, they're getting filled all the way up like this. This is probably a liquidation most likely Okay, we have a liquidation indicator Uh in the finance futures, uh and a few others. This is again Amazing data in here, uh, you know to to be able to see like these are actual positions being liquidated in crypto markets Okay, these are even worse than stops. This is even deeper insight than the stop runs They're not only getting well, they don't even have control the the the sellers in here When you see liquidations up in these areas in here, uh, these um, they're have they have to buy it back And um, uh, they don't have any choice the the exchange here finance futures is just saying you're you're done We are liquidating your position. You do not have margin. This is a margin call Okay, and again, this is just fact All right, so in the nq Uh, again these some of these stop runs in here. That is just fact Now we don't know if it's a liquidation or not, but I would assume Okay All right, again buyers in here. Let's see it. Let's see it buyers back up into 75 74 75 This is why I love the Nasdaq. Let's even get to 80 as well This is why I love love love the Nasdaq. It it follows through typically typically Whereas the s and p will be rotating probably like three or four times Uh, Anna. No, it does not work on spy only for cme group futures And you will have to have rhythmic data for the futures as well uh, so, uh It's they're the only ones that have the market buy order data All right, so let's let's see it buyers. You've you've got the power here Just Don't like it that they're not supporting it underneath here, but uh A little more a little more nibbling and then the cascade up into 580 Here we there's a little see how they they flashed on here, but um Yeah, this was a little a little bit harder read in here That's still looking for our buyers into 580 Bit is looking better here Okay, beautiful move into 580 Now guys, I know these are small moves. Um Uh You know, they don't have to be Uh, you can you can sit back. You can look for the bigger picture as well. Who's in control? Pull back Who's in control? Pull back who's in control? All right, you can see it on the bigger picture here too. It's the same stuff All right, so good stuff to go. Thanks, Simon. Take a look at that nasdaq Uh, and uh compared to the s&p. It's kind of refreshing Let's take a look at the nasdaq Hey, but same ideas in here Um, you know who's in control pull back Who's in control pull back, right? So anyway guys, we've been going for now, um over our hour and a half limit. Um So, uh, tom b is uh already presenting over in his room. You might want to jump over there He's going to go through a volume profile In detail Okay, so you can if you're into that and you want more insight on order flow, you can jump over to that room and Continue on for another hour and a half. Uh, just don't forget if you're interested in this, um Here, let me show you again If you're interested in this right here, it's right on our home page register for the competition it's You know read through it here learn more Uh, and we're going to have an an event this afternoon to go through Registering and what you get in book map, etc So, uh, yeah, you'll have to register For trade of eight as well as for book map Uh by Sunday evening Okay, so make sure that that happens because a lot of you guys we we see a bunch of you have already registered for Um book map, but you haven't registered over on trade of eight. You have to do that Okay, so make sure that you do that. Uh, otherwise you're not gonna you're not going to be able to to play in the competition All right, all right guys. Yeah, thanks so much for coming. Um, if you like what we're doing in here, please give us a like Subscribe to the channel You know, you'll get um, first off it helps us a lot. It helps us understand What you like? Uh, what? To cover more in detail, that's what the discussions are also very helpful for So, you know keep the discussions going and um You know subscribe to the channel so that you'll get updated on new events and Whatever is going on in our in our streaming Other than that, uh, yeah, have a good weekend everybody and we'll catch up with you next week. Okay. Yep Thanks for coming. Bye. Bye