 All right, good morning traders and welcome to the live trading webinar. This is Bruce at book map And I'll be your host here today And I need you and welcome to trader education here at book map and We're bringing you quite a few interesting new streams on book map You might want to go and check out the I'll show you where the educational calendar is on book map calm if you go to book map calm and you go to education here And then the education button here. Okay go to that You'll scroll down in here. You'll see this is kind of an onboarding, you know visual video and resource here So that you can learn about book map and get started here Then the educational calendar is here. So you can see that We're just starting right now with the advanced webinar At 10 a.m. Eastern And and you can see we have tom b after that and then options would dug after that And then during the entire day here as well. We have the algo boys with their levels going over the The proprietary kind of algorithmic levels, but it's not education in the in the sense that They're not in there talking. They are Going over their levels and and then order flow around their levels is what they're displaying So Anyway, let's Continue on here So we'll be doing i'll be doing live analysis like every monday tuesday and friday based off our educational course And then tomorrow j trader. He'll be trading live stocks and then scoppelsini live trading for futures on thursday Uh risk disclosure general disclosure is 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 the central risk of loss and is not suitable for all investors And uh past performance is not necessarily indicative of future results okay, so uh, let's jump in here and uh See what's going on and we're looking at the s and p e mini Uh, and actually there's another housekeeping thing. I want to go over with you guys here Uh from book map dot com Uh and uh if you go to uh this, um Blue jacket, let me show you I'll put this link into the chat for you guys This is a a program we're doing right now. Uh, it's a competition. Uh, and uh You know win the blue jacket here become the book map trader And uh be celebrated in the community here And uh Yeah, the the the blue jacket you get that it'll be um, it's I don't think it's physical It's it's actually just um virtual, but you'll it will be displayed within book map Uh discord, uh, so what you'll get that status uh, and your um Content what basically what you're going to be doing is creating content anything that you find interesting Um, maybe it's your trading activity. Maybe it's a a certain level in here Uh, check out the book map insights right here. Uh, and you will be featured there as well Okay, so you can see dug p dove Um, here's dove again, uh, and we have david here We have j trader here Uh, so there's a lot of different traders up there trader h e uh that are Displaying or we think their content is worthy. So we're putting it up here Uh, so that you can learn from it. Uh, you'll be featured here, uh as well All right, so that's part of the gig here Uh, and then you'll win also three months Subscription to book map global plus with data. All right, so uh pretty nice offering there Uh, and uh, and then uh furthermore yet, there may be opportunities to do more with book map as well Uh, and and part of the uh, uh development team working with the development team and and developing You know just uh working closer with the book map team. All right, so anyway, uh to sign up for that Let me put this into the chat for you guys So that uh, you can sign up here, uh any time It's um The details are in here. I you know, it's from the first of of november here And uh, it will end on the 24th. Okay, so there's not a whole lot of time in here actually. Um, and uh You need to start developing content to to win the game here. All right, so Uh, put the um, oops Let me put the link in here There you go All right, and let me put this into discord as well Good morning jc. Good morning, uh Uh Tropical hydro, uh, so here's that book map um Blue jacket, uh, so check that out guys uh, really I I really uh I encourage you guys to to join uh in the competition Okay, um, it's a a really good thing. It should improve your trading Uh, as well as offer these benefits and then you'll be added to the community as well Okay, so a lot of uh, a lot of nice benefits with it Okay, let's jump into this s&p and see what's going on in here Uh, that's what we usually look at. Uh, and we have stops in icebergs in here as well. Um, quite a bit of iceberg, uh, Selling up here about 2000. That's a lot Here in this s&p and uh, look at the um, the order flow in here, right and the market structure Here's a big drop here. Okay after nine o'clock and then 9 30 right here big drop a pullback Okay with some pretty strong buying in here too, but there's an iceberg on the other side right here Okay, and they are absorbing. Okay almost 2000 Uh, and you can see where they're absorbing right in here. Uh, and um, Look at the stops on the other side as well. So we have that Uh, almost equal here like here's 1200 and here's about 600 so almost equal amount of stops Compared to absorption of icebergs So very interesting dynamic there since they're almost equal It, uh, kind of begs the question about who's on the other side of the trade. Who's trading Larger players absorbing the sell the selling Or the stops here buying stops in this case, uh of the, um People getting stopped out the retail traders the smaller traders All right, so anyway, we'll see though like, uh, it doesn't just because there's a larger player on the other side Doesn't mean that this can pop and come up into this 38 40. Okay. In fact, uh, let's take the stops and icebergs off the chart for a moment uh, and um We'll just focus on the the order flow in here. All right the aggressors, uh, and and this structure in here Which is bullish, uh at the moment. Okay from this this time period onwards Uh 38 20 above 38 20. That's an important level over the last several weeks Uh, and then uh, look at the buying up here. This is what we want to look at. It actually doesn't look all that great There's more transactions down here Uh, that doesn't bode too well for this breaking out It may uh, but uh, what it means and we talked about this yesterday In detail is that up here and we talked about weak tops and weak bottoms Is this a weak top? No, it's not Uh, you know, it there's just not a whole lot of buying up here Now we may come up here. We may find buyers Uh, but the probabilities are not Um, uh the same uh as when we really can see a weak top Okay, so here here they do they're coming in here, uh, and they're they're buying And they're starting to lift the offer, uh, but uh, it hasn't really broken out yet. All right Okay, so and we see sellers on the other side here at 27 and 30 No, no, it might break out. We don't know just uh, just saying though like in the order flow reading in here Uh, yeah I would point to probably breaking out up into 27 and 30 Would I be would do I think it's high probability is in terms of like a bigger move and for it to unfold? No, I do not Okay, it does not look like it in the order flow Okay, so now this is um, how you can benefit Uh from reading order flow here in bookmap. This is not telling us that it wants to break out as strongly as, uh Um Other times when we covered the weak tops and bottoms Okay, so let me even show you where that Webinar is here If you scroll down a little bit you go to our youtube channel, uh scroll down a little bit. It's right here Um Last friday, okay, so uh trading uh weak tops and weak bottoms All right, some good stuff in there. Uh, there's setups in there All right, uh, and now here we are back again. Look at these buyers come continue to come back So likely yeah, we're looking for it to to break here Okay, but we just don't think much of it right now Okay, uh, they're they continue to come back up here And we got a a little bit of a breakout and look at sellers come right in uh immediately Okay, so we don't know that either. We're just looking at everything. Let me just make a point here We're looking at everything from here Okay from the top here around this 27 level here Okay, and for a weak top we we're looking for really big green dots up here and we don't see that Okay, so is that likely to break out? Well, they continue to trade up here and they a little bit more here a little bit more here It's getting better Okay, and it did break out by a couple ticks or so That's it though Okay, so this is how we can filter out and say like well, you know, we're not looking for a high probability trade here then likely yeah, I would say probably you know 27 28 30 Is the likely move here? As it is right now, but uh Nothing to put your money on all right All right now we've got to go through the opposite scenario And this could be all trapped volume up here Uh, and we could be looking at another trading range right in here Now let's go through this scenario in this trading range here What if we get Big red dots now Down here. Okay around 22 and a half Yeah, well then likely I'm looking for this to fail outside of this uh area here And trade down into a new zone probably down here All right, so we'd be looking for that scenario. Okay, it would be big red dots in here pulling it down All right. Now, I don't see that scenario playing out either right now In fact, there we're right back up here and we're finding buyers again So likely looking again here for 28 to 30 Okay There's our 20 7 and a half there's there's 28. Okay And there's 29 Uh, not quite 20 not not quite 30 yet. Okay 29 and a half there All right, so they did not tangle with this these sellers up here All right, again, we're just reading the the this structure And the transactions and the limit buy and sell orders within the structure here All right, that's it Very very simple very straightforward Okay, and because of that, um selling or the buying up here. Yeah, it has a You know, we lean toward this side here. It just doesn't look great all right So now this kind of analysis in here Uh is very similar to uh, let me see if there's any questions at the moment Good morning, uh, Tony classic man uh, adrian Uh, the algo boys. There's no videos there. Uh adrian. Uh, it's uh only within our discord All right, so you have to go over there All right, so now what are we seeing right now? Well, still not much. It's kind of the same same thing We're just looking at uh, let's see if we can get maybe a bit more buying in here and tangle with this 30 liquidity up here looks pretty good Looks pretty good Okay, maybe 31 There's a skew at 28 and a half. We're still finding buyers. So still looking for 30 31 here Okay, finding a little bit of selling They took these guys on here at 28 and a half and there's our move guys. There's our move 31 Actually went up to 32 here 33. I should say That 33 transacted And there we go All right Nice stop run there as well Anyway guys, this just makes sense the way that we were reading this in here Okay, and just looking for uh, the this this kind of 28 to 30 maybe 31 is it went up higher Uh, and it's a it's a nice stop run here as well Yeah, um Okay, bill you're gone. Uh, I can't have you in here You're spamming us. So goodbye Still going a bit higher here Okay, um, now Still i'm a little weary on it, uh, you know or leery, I guess like uh, uh that I mean, you know still looking for you know the trend continuation. Maybe 37, uh, maybe 40 up here We're still we're still finding buyers in here, but this is also a big stop run here this this move So being kind of careful here And and the reason being is that we know this is a stop run Uh, we know it's pretty pretty big one, uh, and um, there's hundreds in there And what matters after a stop run though, uh is is uh The context after the stop run the stop run doesn't mean anything Just because it's a stop run doesn't mean it's going to turn around and go the other way Does it accept does it reject whatever if it accepts above and we still find buyers? We're going higher as simple as that in fact, uh What we want to look at in terms of a stop run and and I would suggest to uh, uh recommend to come in on Thursday, uh for this webinar and scott pulsini will be trading And he'll go through how he reads and and puts, uh Together the pieces here for stop runs and icebergs But you know, he has different setups based on stops and icebergs all right, so uh, and and um Uh, this this is one of them. I forget what it's called, but it said this is a continuation pattern But what we know here is a lot of people got stopped out price went higher still found more buyers here in little stop run here Uh and um You know still going higher here All right That would be the primary scenario here Okay, don welcome you're new. Um Yeah, we can take a look at zb not much of a mover, but We can take a quick look here Wait for some data to load here. All right, there we go Okay, so bonds are going up too And uh, look at the look at the bid here underneath. Um pretty pretty strong Pretty strong right right underneath here. So yeah, I'd be looking and we're still finding buyers So look for them to to trade up to the 19 and uh, uh, 26 here All right, seeing I'm starting to pull in here still finding buyers here. They're on the bid here so, uh Yeah, find a few more buyers in here. We should be able to pop a little bit higher here Okay, so that's what I see in the bonds right now Yeah, it does move like a snail, but it's $30 a tick so Um and and look at the size in here too. You can get some some big size on that's for sure Uh, so the those are huge benefits for larger players. Uh, you want to really make money? Well, that's a great area Hey guys, we're coming up to 40 here again. This was this was the primary Uh move here that we're looking for We were not convinced at all though by this order flow in here. It started to look a little bit better in here Uh, and then we came up and we're still looking for the move up into 30 maybe 31 Uh, and we got it. Okay. Well, we can see the continuation here as well all right, so Now what what I want to do in here is um, uh today, I want to go through we go through the order flow um On on these low time frames high time frames Uh, but mostly lower time frames when we've done this for years and the reason being is it is in line with our educational course That we uh talk about what moves the market and understanding order flow Or understanding market movements in general Bookmap does an excellent job of displaying that Uh, and this is essential to understand a lot of veteran traders that I come across Uh, I'm always surprised to find out they don't they don't know some of these details about what moves the market and uh understanding You know some of the microstructure you don't have to know microstructure, but to understand that it is the aggressor here that The market buy order that took liquidity off of the best Uh offer and took more here. They're able to trade it one tick higher here Okay, so this is what moves the market now. There's a relationship between The the aggressors uh here the market buy and market sell orders green dots of market buy red dots of market sell And the relationship between the liquidity on the other side Okay, so uh right now here in this current, um, uh, little move in here you see 47 contracts here Then 55 then 70 up here. There's 210 see how it relates to the heat map Okay, so the heat map scale red and orange very high liquidity then yellow white blue and then black is the least amount So that relationship that context between aggressors, uh, Market buy and sell versus limit buy and sell the passive Okay, uh, so uh and understand that context here Uh, look how we trade into that 30 and through it. There's just more buying pressure in here, right? So we tear right through it And continue on to the upside here and it's a stop run as well okay, so uh And and look where we traded into Okay, we traded in that we were looking for just 31 Well, there was enough buying pressure to reach two points higher to 33 And that's what happened And it's why did it stop here? Well, because it hit this liquidity wall right here at 33 Uh, there's 132 contracts there Uh and 115 of them traded precisely And there's 17 still in the order book at this point Okay, and then look here no transactions no transactions. In fact, they're transacting much further lower here And now we get a little bit more a little bit more, but not at 33 All right, and that's it Okay And then we got a drop Okay, so uh understanding this context is exactly what i'm talking about All right now we can look at this context though Uh, and we go we go through these examples all day long And that that's what our goal is is to match up and understand this Uh smaller time frame But then to extrapolate that to the much higher time frame So let's just jump back here for a second and let's look at candlestick charts Okay, so I have a daily uh on the left an hourly in the middle in a 15 minute here on the right Uh, and we can look at the same exact stuff Hey In a candlestick though And in a bar form And um start to understand ranges And breakouts so we know that there's wicks up here. So, you know probably a lack of buyers or trap buyers That's what we don't know is where the volume is trading on the candlestick You just don't candlesticks don't offer that kind of transparency Okay, you're mark a delta chart may But it's not going to show you liquidity You're not going to be able to see that there was a lot of limit sell orders up here Okay, if there were maybe there were none Uh, but book map is going to show you all of that So you're not you're not going to get that level of transparency Uh, and then uh, you can see we just chopped around in here Uh, and this was uh yesterday's action Uh end of the day here it broke out, uh yesterday a pretty strong breakout To higher areas in here And uh, so we can look at this in here As no different this range in here the all this back and forth of several hours Is no different than looking at exactly the same thing here Okay, it's just it's a range. There's just order flow within that range here We can see that it is likely something similar like yesterday that you see a build up here of buyers Uh, and then it broke. Okay. Now we we didn't we weren't too convinced about this build up in here It started to look better in here once we start to see a little more volume here in here Uh, and then we saw them come back up and we're looking for the breakout Okay, 28 and then uh 30 31 Uh, and and they tore higher quite a bit higher Almost a 40 so far All right, so uh and again, uh Uh This is relatable here To this right here From yesterday's action and this repeats again and again All right, so now if that's the case and it is um, it's all order flow even on the daily chart over here It is exactly the same thing even if it's a monthly chart. It's the same Uh, you're going to be looking at um Ranges and breakouts and volume trading within these periods here in this case. It's a daily period Uh, it could be a volume period. It doesn't matter. Uh, it's it's aggregated data within that period Uh, and uh, we can read now, uh, some of the um Ranges and also pressures in here like this looks pretty good right now on the daily chart That would we'd go a little bit higher here. Maybe up to uh Uh 38 61 maybe even a little higher. Um, maybe up to 3900 Okay up here and the the wick from this daily candle over here Now what about the hourly? All right, let's take a look We're up here already and this is kind of where it dropped from in a little range here So we might get a little bit of a pause right now Um, and maybe some back and forth Uh, if we don't and we see more buyers coming in strong buying Well, I would say the next level might be up here around 76 or uh The figure 3900. Okay, so let's see that our 76 was Over here that makes some sense. You can't really see it too well on the daily Uh, what about 15 minute? Okay. Well, we see these strong the strong move here We start to see a wick now also on that 15 minute. So we might get a pullback back to uh, 30 here Yeah, what we were just looking at that that breakout All right, so now what we're doing Is looking at zones Okay levels, uh, and this can be uh A very very helpful for us in understanding Where price might or we want to look for order flow around those levels now Okay, this is always how it is all our educators Um, we have, uh, you know tom b in the afternoon. He'll be going through volume profile Uh, and he's going to be looking at Uh, his uh, his levels. Okay in volume profiles All right, so let's draw up something in here. Let's draw up a horizontal line at I don't know 3876 right Okay All right, so yeah, that doesn't look bad Uh, and um We can draw another one right here horizontal line at, uh, what 38 let's just say 38 30 And then we just broke out of that um And then also this one down here at 3800 3800 also looks really good. All right, so now we we have a little bit more, uh, kind of guidance in here Uh, and uh You know, we can look at smaller time frames, uh, and start to put it together So let's actually do that now in book map Okay, we'll come in here and we'll start to look at previous action Uh, and where price might go and we'll draw up some lines Okay, so well, we like 40 and also 50 up here because we already know there's high liquidity there We don't really need to draw a line there. Uh, we we We'll do it anyway. Let's let's just do it. Um Here in here. All right, uh, and um, uh, yeah, pretty good. Uh, what about other levels in here? Well, let's draw this one in here Okay, see where it broke out right here and it also re retested already Back to it Okay, I'm actually going to I'll put the line. I think maybe here Uh, I like that a little bit better here because that's where it retested here And that's the high over here now. This is kind of a false breakout here Okay, so, uh, there's that and then we can look at our Uh, this kind of 28 level where we just broke out of Okay And then obviously we have our 50 level up here All right, so uh, now let's just take a look at this time frame Well, I'd still be looking for 40. Okay 40 and and above but we're just looking for 40 right now That's it. Okay. Look at the see see how this is strong buying in here Well, it should continue unless we see really strong selling all of a sudden come into the market We'd be looking for this to just continue to go higher here Right as simple as that now. That's the view on this time frame Right, uh, we see the strong move here A pullback and we're looking at another strong move. So let's zoom in here And let's see it on a lower time frame with what's happening here Yeah, here's a here's our little pullback here and was our strong selling on this pullback. No Okay, very little Okay, so still looking for buyers still looking for 40 and then maybe 42 and 43 Okay, they're on the bid here. This is good Uh, they are staying in the book at 40 and there's 300 and almost 400 contracts there So that's going to be a big transaction and that's going to absorb a lot of this buying pressure too So we can already start to understand this level up here As as absorbing a lot of that selling pressure. There we go. There's our 40 Okay, the transaction took place. Let's zoom in here. Let me show you this transaction here We're still bullish until we see something different now. We know that they had to trade 400 in here There's 500 actually it looks like all together Okay, so uh, that that's just the facts Okay, we got to 41 50 almost 42 now. We're getting a pullback See how this see how the sellers come back to this area here And now let's see if we get our if that's maybe enough Lower level here for more buyers to come back in All right and trade back up here now we we're talking to just about this here This took a lot of the buying pressure away. There's still more buying pressure Uh, but it basically kind of fizzled out here Because of all of these orders here on the offer Limit sell orders getting filled This is the context we're talking about and here it is right here in book map This is the beauty of book map. It shows all of this unfolding here All of these transactions here and then there's a little bit of a delay here And now it's not a delay I should not say that it's actually not a delay. This is just how the market works. Okay, and this is really important Yeah, okay, we got another spammer in here today So, uh, sorry about that And uh, politically motivated as well So we've got to get rid of that guy Okay, uh, all right, so, um, here's what happened Okay, the book was swept uh by a tick here just one tick You see the transactions take place at one tick higher very very quickly Transacted right into this 40 level here And then look where the the best bid and offer update here Okay, the best offer updated first in this case and then the best bid And look at see the liquidity heat map here changed color Now this change in color in this update here Took place at the same time So what happened was first these guys transact the aggressors Then This updates Okay, and that's why you see the heat map at this point Go change in color Okay, and now these transactions take place and then you can see it actually the same the same thing It kind of fades fades away over time here Okay, so from orange red to orange to to to blue All right, so uh, but the the big delay or the big, you know transaction took place here Then the best bid and offer updated All right, so that's what unfolded there Uh, and uh, it's not um, uh an anomaly in the data or anything. It's just that's how the markets work. There's two two different data streams Uh, one is the um Best bid and offer uh, and or the the depth and the other one is the uh the transactions All right, so uh, and and you can see that difference in there when we zoomed in That's how these markets actually work. All right, so uh now we were We noted this little area in here. They absorbed a lot of that buying pressure Okay, we got a pullback here. We found enough buyers to take it higher back into our 42 Okay, they're still on the bid here. They're still finding buyers Okay, then and what about the offer up here? Well, they're showing a little more interest now Okay, so uh, maybe we'll come back down to 40 here Uh, it just exhausted out up here. We don't see buyers up here Okay, but overall Since they're on the bid here and we still find buyers up here I'm looking for a bit more buying here at 42 or 42 and a quarter and another move higher That's what I'd be looking for here in the order flow and look at that So we got we got a flip of the order book here or not necessarily a flip But they pulled here and they added here on at 41 50 Okay, so now that's good. That's bullish And we just need to find the aggressors here and we're starting to find a few Okay, now the aggressors should be able to then pull it higher All right, so we'd be looking for the next level up here 45 or 44 right here That just transacted look at them. They're still on the on the bid here at a higher level They're still pulling here looking for 45 All right, so we're we're just reading this in here now. This is not a trade recommendation This is reading the order flow Okay, and then we'll we'll give insight to where we think it may go Based on the order flow Right now what happened? Okay. Well the sellers came in and they traded into these guys here Okay, so sellers we have found a little bit of selling pressure now All right, so And this is why we're not making a trade recommendation. We don't know In here if this is going to Pull or transact But at this point here It's still looking good for 45 Okay, then we found sellers And then now we have a kind of a new dynamic in here Okay, now we've come down to the bottom of the range here. They're still on the bid though Okay, well if we're if we need to find sellers if they're going to hit into 40 Okay, they're on the bid here around this 40 and three quarters if we find enough buyers in here We should come right back up And it's it's unfolding as i'm speaking so You know it's happening kind of quickly And um, yeah until we see something different, right? this we're still gonna we're still gonna go with uh Um the um The bid holding here and finding buyers now that means we have to find buyers here 42 and a half Starting to find them. Okay, let's see it trade to 44 and 45 Okay, now it's getting a little bit different in here Okay, just getting kind of dark in here. They're they're see how they were on the bid in here Well, see how they're down here now All right, I'm still looking for it to go up here to 44 and 45. It's already 44 is already transacted Okay, we're still looking for it to go higher here uh, but um We're noting that they're not so um The the the buyers are not as enamored as they were earlier. So it's kind of dark down here That means it could lead to volatility sellers can come in and whip it down here very quickly into 40 or 39 And then can come back up and trade 45 All right. So the dynamic in the order flows. It's always shifting. Okay, typically it's always shifting Uh, we're still looking for it to trade to 45 though here. Okay, that's the overall Uh picture here still okay on this small time frame Okay, let's zoom out. Let's look at our higher time frame. Okay. We noted in here Wow, they're still buying. Okay 40 they're still buying. We're looking for this to go higher Okay, looking for 50 47 50 Okay, this is pretty strong In here. It did not look that strong down here Once we got in here and we saw it then we're looking for that move Okay, 30 31 and then they just kept buying Right, and then we noted it again in here Okay, so we go with the move here. It's going with the order flow Drawing up our levels high liquidity at 40 high liquidity at 50 Okay, but we're we're still finding buyers here And they're still on the bid And uh, the offer has been typically been pulling here. Now look what happened at 45 Hey They absorbed that so far 200 contracts up there Here we go. There's buyers trading into it Okay, now it's 177 And they're still adding in there too now it's back to 200 It still looks like buyers want to take them on There they go. There's the transaction Okay, do we still find buyers in here? No, not so convincing Okay, but that transaction took place Hey, we're still getting them more a little bit more a little bit. Yeah, okay, so 47 still looking for it here but just note how This is kind of we started off the webinar when we were talking about this in here um It what looked really good was when they're on the bid and underneath here and they're Under here and they're they were pulling on the offer and we're finding our buyers. Okay, they're on the bid they're pulling So now are they still on the bid a little bit? They're down here though, right? So You know, we can get some back and forth is what I'm saying We're still looking for the move up into, you know, 47 and three quarters or or 50 Okay, we're just uh, we're just not finding it. Uh All the pieces uh, aren't there like they were earlier Okay, now it's looking much better. Look at that. Okay at 45 this guy came in This guy pulled over here still finding buyers Okay, so we're just going with the move here All right, let me get to some questions in here. I've been yapping for quite a bit. Uh, and um Oh, this is great, uh rob great to hear Okay, so you woke up and studied the basic education videos yet again today Uh and the week tops and bottoms great Uh did much better reading the order flow today Yeah, so Um rob you're doing great. Um, you know, I would try to disconnect trading with reading the order flow at the moment Uh, and just do the same thing we're doing in here Really going through the analysis and in real time Okay, I got this piece. I've got these pieces. Uh, I'm looking at my higher time frame Uh, and then because I have these pieces Uh together in this context, then I would be looking for a price to go higher, but if you can Um Disconnect the trading for now Uh, you'll learn much quicker. I feel at least I did Uh, and you can bring the trading and the trade management back in later All right, and you're you're maybe your previous ways of trading as well previous education Because once you um start to Uh, you know understand this context in here Um, and you're not trading Uh, you're just reading it and noticing it You'll you'll find that you're not, um So rigorous or rigid with your, um outcome It's like, oh, okay. Well all this like right here all of a sudden sellers came in You know, we don't know that right but if you bought up here, you're like it doesn't work or you know You know damn it. These guys came in here, you know or whatever it is and now it's all emotional and and uh, it's it's really um Hard to disassociate uh from that or pull yourself away from that Instead you'd be reading this and saying yeah, okay. Look at this buyers Some buying some buying sellers starting to come in lots of sellers starting to come in Okay Now how those sellers doing that they did break out This swing here that now we're looking at context again Okay, well now we're back up here now these guys watch this if we can get enough buyers in here These guys selling in here It's going to be a nice beautiful stop run up into these levels up here Okay, now that is if we can get the buyers up here again Right these guys got it wrong Uh, and we'd be looking for a nice, uh stop run Through uh up into this up into our 50 level basically Okay, so again going through the scenarios in here Uh in the order flow Now this is really great to hear rob Yeah, keep it really simple. Um our education is it's very very Blunt and simple Uh, just understanding like what moves the market Okay, you know between these these buyers and sellers in here Uh, and then uh understanding that and that liquidity in here Uh, and then put those pieces together Okay, so more buyers more buyers. Do I see sellers down here? No Okay, more buyers up here. Okay here more up here. All right, so this this again goes even to that You know weak top in here now we can see it in the volume profile It's not really much of a weak top at all. It's it's pretty even distribution But if we get a little bit more up here, it will be There there's a little bit more see see now it looks like a weak top Okay, even on even at just uh four price levels in here Okay, so you'd be looking for this liquidity to be tested Okay, and uh, yeah, I'd had to pull back one more time and then you got it Um That's great. Uh, so it's in simulation, but you're narrowing. Well, just be be careful with the simulation as well Like you you you still can get very emotional emotionally attached to even simulation And you go well it must you know, I saw this and I I bought it up here Like I'm just going to buy every pullback as it goes against you and all of a sudden you'll even in sim You'll be you know down like You'll blow out your account And and that's what you want to avoid So if you got it wrong, this is why like I love what jay trader does And then like allen was our whipping boy or poster boy on Just looking for the simple move and letting it play out and just taking your profit and look Looking for the next simple high probability move again And uh, if it does not happen cut the trade It should happen due to the order flow if it doesn't it wasn't ready uh, and uh, uh, you know, that's a Very simple, uh, trade management principle, uh, but uh Now you can then start to you know zoom out and put that onto higher time frames as well But uh, just start start really really, uh With kind of simple method here like if this is going to break out in here And you're looking forward to break out, you know, that should happen here. You shouldn't get sellers over here Right, you shouldn't get sellers down here Uh, if you do likely they're going to take it back down into these levels down here Okay, so uh, and then now you're at a huge loss if you bought up here. So just get out Okay, and accept the loss move on to the next um How do I get to the higher time frames? That was just uh from rhythmic the rTrader pro, um platform Okay, that's all Yeah, it's it's a separate platform Okay, and all we're doing in here is just marking up some levels in here Uh, dh, how do you um access different time frames? Uh by zooming in and out very quickly now There is this time slice tool up here if you click on that you can um Like if I select 60 minutes in here, that's the highest time frame Okay, what it does though is it it From the uh vertical white line over here To the left of the chart uh here is exactly 60 minutes of data always Okay, it doesn't there's there's no candlestick in here or bar data Uh, there is no time frame in booknap Uh, it is just um streaming best bid and offer All right, so uh just zoom out with your center mouse wheel very very quickly a dh. That's what uh what I do Okay, and then I know that this vertical dotted line in here kind of it it'll change over time Uh now it's right now you can see it's it's three hours if I zoom in though it's going to change and now it's five minutes Okay, so it kind of divvies up the chart for me pretty nicely and and uh that's enough for me to understand what's going on Okay, I can look at the times over here. Here's 10 o'clock. Here's 10 15. It broke out around 10 15 Etc All right, let me get to youtube in here lots of questions guys keep them coming. Uh, that's what these webinars are for All right, so Let's see here Yeah, you can use rhythmic absolutely denver uh as your data source absolutely we recommend it Uh, we prefer it Okay, so, uh Their data is very high quality and it offers market by order data which allows you then to see stops and iceberg transactions Uh, however, you will need to have uh that the add-on for that Okay, it's on the bookmap marketplace Joe hit the like button. Yeah, thank you. No appreciate guys. Yeah, if you like this Hit the like button. Uh, we'll continue to do this kind of education for you All right. Uh, yeah show us a bit of love Because uh the like button subscribe to the channel. Uh, it's all free right now Uh, and we want to keep it that way Okay, uh, but we need the feedback from you guys Thanks, Joe. I really appreciate it. Um Let's see scenario for breakout and pullback Okay, um And shul we've been going through that So the the breakout, I mean, it's really really simple kind of, um To understand that uh for there to be a breakout You know that whole week top or week bottom Uh is is is very telling Okay, and it it yeah, it might show it in the profile But you can just you don't need to look at a profile in here and and look for the perfect setup in a profile What you need to understand is is there selling pressure down here? Compared to the buying pressure up here Right and you don't need cvd. Uh, you don't need anything. You can just read it here Uh with with the naked eye. So, uh, are you making higher highs in here? Yeah Actually, you are so, you know, um, we don't really know we're looking at structure in here, but we're looking at Selling down at the bottom edge compared to the the buying at the top edge Okay, so if we get enough selling down here Okay, and you know Even the the profile is not really showing us much, but we see the selling transactions here, right and in here Okay, so if we get enough sellers here, no matter what the profile looks like that doesn't matter If you get another barrage of selling in here Likely it'll slip back down into the next level of liquidity Okay, so uh, and let's see where did it go. We'll write to it Okay, and that's we're kind of caught up now to current price Okay, that's the context. I'm talking about Okay, now this was this a week bottom not really this looks very kind of nicely distributed in here All right, but then how did we see that it was a kind of a week bottom? By reading the transactions here All right So I it's very alluring because the profiles, um, it's so visual It's like wow, that's a week top or that's a week bottom here Let's just zoom in and we can show it show it probably in here Maybe Yeah, I mean like here's your p-shaped profile here on a smaller time frame Right, it looks pretty pretty weak up here that it should break and maybe trade up into 50 And it it didn't But the profile was there it on that very small time frame All right, let's zoom out. Let's look at a higher time frame right now Higher time frame is not telling us much in terms of profile All right, so uh, anyway, uh, let's zoom back in here So we were looking for that move, uh where you can read that move and you saw the transactions in here Now one thing you would you could also look for in here Is there's well a few different things In reading the order flow here Okay One is we we uh, we can look at the the price structure. We talked about that a little bit Okay, so we've made a higher high in here Made a slightly lower low in here, but uh, but where they're selling down here That's really kind of the key And then in here there's more selling more selling more selling. Where's the buyers the buyers are here Do they do they make an equal high? No Was there enough buying pressure in here to come up and make an equal higher even break out? No There were sellers here So that's what we look for again selling in here and then the break Okay, then the break out All right, we got another spammer in here for the election Uh, so you don't have the heat map. Well, if you don't have the heat map, you're only getting kind of part of the picture You don't understand that context. You don't understand that it might trade here right here because that's where there's buyers right here Right and that's the beauty of book map. It's showing you that Uh, you know, you might want to give it a try for a month. See what you think You know, I mean that's giving you That's the edge, right? That's the edge right there So, you know, look God, we just had the new york city marathon here Uh, I don't know. I'm not I know a little bit about running. Um Have a lot of friends that, uh Run the marathon Well, the from what I understand nike came out with some shoes that offer an advantage For marathon runners Well, I noticed All the runners going by on sunday At least half maybe more had this one model of nike Why? Because it offered them an edge right, so, um You know, you you you if you want that edge, then you're gonna have to get those nike shoes All right, so, uh, if you want that edge in here in book map, well, you're gonna have to try book map It's it's there's just nothing more I can do. Um I'm not trying to sell the product to you. I'm just trying to say like You know, what how are you not gonna if you don't have it how are you gonna see it, you know Uh for the indian markets. Okay. I see Yeah, um, yeah, that's true. Uh, the the um the data does not support the depth at this time Yeah, so there there's other ways around it. Um using the sweeps and absorption Uh that can be helpful Um and shul can be very helpful. It kind of mimics them Okay via the aggressor I'll let me let me demo that for you. Uh, let's just get the get another reading here right now Looking at the sellers coming down here now. I'm not so sure about this one right now Okay, if we get a lot of selling. Yeah, I think we can trade 42 41 and 40 I'm I wouldn't take it. I wouldn't like yeah I'm looking forward to unfold 42 41 40 but like, uh Here's why uh is uh Look at this liquidity or this these transactions here And then we found some buyers up here. They broke that area Okay, and I was not seeing heavy selling down here. I was seeing some But I was not seeing heavy selling if I saw a heavy selling like this or like this or this Yes, it would look better that it would trade into 42 41 and 40 all right So, uh, uh, and plus we have this buying up here. So it might be we might find Buyers come in here and and try to come right back to 40 minimum come right back to about 40 4 and a half or 45 here Okay, because of the structure in here and the and the transactions in order flow within that structure Now let's see what happens here And so I'll get to your questions. Uh, I'll I'll show the um Sweeps and absorption. That's that's the way to go here Okay, and how it kind of mimics that All right, look at this. There's a battle going on here between the buyers and sellers see they're on the on the bid here They're on the offer here and then look at the transactions in here Okay, now who's going to win this battle is really what's going to it's either going to come up to 45 or above Or it's going to break down into Uh, 40 and and maybe lower here Okay, so we got we got our buyers coming in Okay, so I'd be yeah, you know, I mean, I I'd love to see the bid light up here Um, but I still look for the movement maybe to about 45 here just to retest here Okay, just a range bound Back up into about 44 and a half 45 All right, so here. Let's uh, let me um Clear all these drawings here. I think and then let me uh go over sweeps and absorption and uh, I'll actually um Uh dim the heat map for you and soul All right, and we will uh then add the sweeps and absorption indicators here And what exactly they do and why it kind of mimics The order book in essence Okay, so let's take a look here It's still loading here and I'll leave that up. Okay All right Okay, so now this is the absorption indicator, right? This is a very very simple indicator Within 0.01 seconds now, it's going to be different for you, you know You're going to have to use a setting of like I don't know two or five seconds Onsoul for the nifty or bank nifty or reliance or tata motors, whatever you're looking at. All right So uh here We um You'll use five seconds or whatever but here with uh rhythmic. It's very high quality data in here or You know it we can look at nanosecond levels in here. So we we put in 0.01 And then if it's a condition here If within 0.01 seconds, uh, the traded volume was greater or equal to 100 Mark the chart as simple as that and tell us All right, so these are where that condition was true on the offer and on the bid here Okay, the green and the pink All right, so what does that mean in essence? So what we were talking about what our 43 level here, right? Yeah right here. Okay. Well This this is some absorption here There's 135 here. So we're assuming there's going to be some liquidity if there's not liquidity here Then we would assume that there's icebergs or maybe both Okay, uh absorbing here All right, so uh And and this is the way to use it here So now if we zoom in We can see that okay. Here's where that condition was true Okay, so very very quick what it means is very very quickly a large amount traded At one price level So it must be absorbed Okay And that's at least the concept here using the absorption now Let's add on the heat map here and let's let's uh verify it All right, so it looks pretty good. So we know that there was high liquidity here at 43 Up here high liquidity also here. You can see it in the kind of bluish area here Okay, or look at the pink area here Matches with the heat map here Okay So up here There's liquidity up here, but we don't get the transactions. So you don't really know here All right, so if the transactions there are some transactions, but they did not take place Very very quickly and they did not meet our 100 threshold Right. So just not enough trading here to to uh, show the absorption indicator up there Anyway, does that make sense unsoul you can start to read this as kind of a uh, uh, a proxy Okay for a lot of high liquidity or absorption in here Okay, I think it's a great indicator and it's this will work on any market Does not matter Okay, now look at their absorbing on the bid. This looks good then right This is this is giving us insight that wow, okay, and we're finding aggressive buyers Well, and they're on the bid as well Well, then we should be able to get enough buyers up here at 44 To break out and trade up in 247 Okay, just based off of this absorption indicator And they're they're on the bid underneath here and we see the aggressors come in So we'd be looking for this to go higher All right, makes sense Hey, we had a nice little reading in there actually And I usually don't show this indicator very often just because it maybe it gets kind of complex for some people Um, but uh, they're on the bid here though on the bid absorbing here It is if we zoom in look at this on the bid here Okay absorb 200 Okay, and we know that there's aggressive buyers in here too. We see that in here, right? Uh, here the the green dots pulling that market up here. They are again on the bid getting filled All right, and there's still more buyers in here. Great. We're looking for it to go higher All right, so that was a nice little uh insight here Um, that we couldn't see in the heat map necessarily because it's it's there in the heat map It's there. Don't get me wrong Uh, you can see it here, but you have to zoom in to see it Okay, so, uh, uh, because it was very very quick, right even high liquidity in here But they never traded here. So we never got any absorption Okay And here we go. Okay here that you know, here they are again like uh on the on the bid still now It's getting a little a little dicier in here Yeah, now we're finding a bit of selling in here Okay, so maybe a little bit back and forth right now Yeah, we'll go over the sweeps indicator as well all right now the um So the absorption indicator is kind of mimicking the heat map It's also mimicking uh potentially the icebergs Uh, because uh, let's suppose let's suppose you didn't see any reading in the heat map uh, and yet um, uh, you see the the um Guys this this is exactly what we're looking for in here and it was due to this action in here right here Okay, looking for that move up into like 45 It's uh, I think we'll probably get the move into 50 now to be honest Okay, it wants to trade up into 50. Um Uh, and it has to pull back at everyone kind of stopped out in here And then you see these strong moves just like this trade right up into 50 Okay, we're just about there And so yeah beautiful move and and you can look for Uh, these strong moves in here you can look for a flag pattern in here You know looking for the buyers again to break out maybe take some off at 47, but you're still looking for that 50 And we're still looking for it Okay 50 and and maybe a bit through it here up into 52 all right So anyway, uh, yeah, and this can also mimic like I said Or you know kind of show where there might be potential um Iceberg orders as well makes sense right because uh, if someone's absorbing but we don't see it in the heat map here It's still being absorbed And so likely that would be a um, uh an iceberg Okay, there's 50 guys Floyd you're looking for 53 Uh, that 53 is you okay There you are floyd. Let's let's see. How much are you trading floyd? You got 120 or 127 lots up there 130 up here All right, floyd. If anyone wants to trade with floyd, he's up there He got a one lot Okay, yeah Okay, adam, that's you up there. All right, so yeah So adam's got at least 126 up there. Floyd's got one um All right guys. Well, anyway again going through the context in here, uh, and understanding, um You know these price movements, uh, and we've been talking about structure We've been talking about the context in here between buyers and sellers Uh going through the whole gamut The um, so we went through the absorption indicator. Let's go through the sweeps. Okay. Now It's really kind of fascinating. Um, it actually was in one indicator altogether I'm going to deselect the absorption. I'm going to select the sweeps And let's go over the conditions in here for the sweeps Adam's a player in the game. All right adam Well, you know, you guys want to trade with adam, he's up there And uh willing to provide you guys 126 slots So go for it Sweep the order book Uh, all right, let's take a look at the sweeps in here. Uh, now the sweeps indicator, um is exactly the same indicator In fact, we had it within the absorption and sweeps were together Uh, and then we had a lot of traders really like the sweeps, uh part of it. So they they, um, Really wanted it pulled out and to have it separate and to separate indicators. So we we did that Uh, it is exactly the same though within 0.01 seconds The traded volume was greater than or equal to Okay, uh, and then we put in a number here and if it's greater than that then mark the chart Okay, as simple as that uh, and um Uh There's one big difference though between this and the absorption all of this is the same The the addition of a minimum number of price levels is the big difference Okay, so and that's it So we have to look for 0.01 seconds that 10 traded over three price levels If that condition is true mark up the chart All right, so uh here we just had 448 sweep the order book right here on the way up to 50 Okay, now this Can mimic a stop run Okay, this is an order book sweep. This is classic in here. Okay, it doesn't this is a really good example uh Look at how uh order book was completely swept here Okay, each price level it took place over more than Three okay within 0.01 seconds and a minimum of 10 traded well we went way above that it was 448 Okay, uh was totally swept and it swept one full point one two three four uh ticks here from uh Uh, well from 49 Uh on up to I'm sorry three ticks up to 49 and three quarters here Okay, so one two three uh swept Uh, and then best bid and offer update right Okay, well stops updated that at that point two So we have a stop run here. So uh now we can look at this uh in here and really start to understand What's going on in these markets? Okay, so we know that this is an order book sweep. Okay, that's clear as day You don't need the sweep indicator to tell you that Uh, however Uh, we we know that uh, this is an aggressor here now. We don't know how many are stops though So let's turn on actually and let's do a study between the stops uh and Uh the sweeps in here And now we're going to show all stops in here and it will populate in just a minute And then we can compare and we can also compare in here here look 400 and 95 are stops So and now where do that where did that stop run begin? Hold on a minute here Okay, so the stop run began here Okay, right here at 49 something triggered here. It was uh these transactions down here Uh, and then uh stops were triggered. Okay at 49. So something triggered in here uh The this transaction triggered the stops Now this could be a buy stop doesn't matter And we have 400 and 48 That transacted here in the sweep Okay, uh, and then um now This is where we see this is why it's 448 and this is 495 Is because that time frame in here Uh is um Uh, it's only that 0.01 seconds. Okay. This was still a stop in here And that's why it went up to 95 All right, if I uh you we can make them equal in here, uh if um I um put this at uh Oh god, I don't know Let's put in a whole second or something. All right, and just calculating it here So for 495 and we know that these are stops Okay, now you can you can add all of these together as well. Let's just zoom in and put this in Okay, so um Here now we have the calculation. So let's take a look here Yeah, 495 or looks like 496 and then 495. So one was one the one that triggered it, right? Uh, yeah, so that makes sense. So actually it's this one here that triggered it that triggered the stop run Okay, so 496. This is beautiful for it's a great example guys, uh 496 um was the um Sweep order book sweep, uh, but the stop run was 495 Okay, so that's what unfolded here, uh, and uh because these are equal now because I um Boosted up the time frame here Uh, so it's not 0.01 seconds. It's 0.88 seconds. All right, so that's why and um Anyway, uh, we can zoom in here though and look at these by transactions. We can add all of these up. Let's just do that Uh, and well, we know what it's going to be. It's going to be 496, right? Uh, so let's just just just verify it. All right, so 141 plus 144 plus 85 plus 126 496 There you go. Beautiful all buying here All buying. All right, so long story short to to answer, um Uh, Anshul's question in here, uh, this is how it can mimic a stop run All right, so it is you cannot get the mbo data from uh for india market right now But you can use your sweeps indicator to kind of mimic that behavior, uh as well All right, so uh understanding sweeps above or below an area By this very very simple indicator of showing within a very small time frame The amount that transacted Okay, so um I'm going to bring it back down to 0.01 And there we go All right, Anshul, uh, does that answer your question? Okay, and this is how you can use it to your advantage Okay, again, you're gonna have to use a higher time frame even for your sweeps indicator Okay for the indian market All right, but uh, when you do that, uh, you'll you'll be able to use utilize this to your to your edge Okay Yep, great great. Enjoy it. Uh, you know, you you'll see a lot Coming from that you'll get very big numbers for stops and or sweeps and absorption as well But that's okay It's because it's aggregated Yeah, play around with the auto mode, but you'll you'll see it's the same stuff Even though the the data is aggregated Every couple of seconds So you'll you'll still see it though all right So let me uh, I didn't hit apply. That's why All right So anyway, I'm gonna I'm gonna turn them off for now Uh, and I'm gonna turn off our stops and icebergs as well We have a thousand lot right in there right now guys, uh, still transacting Okay, let's just watch that Okay, so there's there's someone up here absorbing Uh, now it's a you know, it's they're hitting it right now It's hitting right into it and trading it Okay, so they're still in here absorbing look at that Okay, here's a whole evolution of that iceberg now. It just cancelled here see the sea Canceled so we don't know how deep that iceberg went, but we do know That they got on the size they wanted and didn't want to trade any longer and they cancelled the iceberg This is where the iceberg started right here These are all the transactions that you see with the t Uh, and then you saw that it was cancelled here at the last minute Okay, and then price went up immediately All right, so uh anyway This is in my mind I just I I'm just amazed what book map Can show here. I mean this a level of transparency I don't know of any other platform that shows this kind of transparency Of really truly what's going on in these markets now. That's great. How do you read it? That's what we're here for Okay, and we're doing that. We're putting these pieces together. We read this move up into 50 and Then we thought about 51 52 And then adam was up at 53. So someone traded with adam up at 53 adam and floyd All right So, uh, yeah, they covered or maybe reversed or maybe yes, you know initiated to trade short But anyway, uh, that was their that was their uh transactions Yeah, the auto mode is excellent. Um Auto mode is very simple. Maybe I can show that uh guys just since we went through this in detail um With the sweeps and let's take off the stops and icebergs Okay So now the way the auto mode works here for sweeps um is um It's the same actually for stops and icebergs Uh When you check see how I can put in 10 here or I can put in whatever I can input whatever I wanted like 495 or 4 Not 494, uh, that one will show up, right? Uh, we're where we were earlier Uh, and um, where is it? Should show up Maybe we have to go back to 88 here 0.8 Yeah It'll probably be more like it And then it'll show up Uh, anyway the the way that um, it works here with the automatic mode. There it is or There's a lot here Yeah, there it is. Okay. So right right in there Right, there's our 490 496 right there. Okay. So the way that this works in auto mode So, you know, I inputted this number here All right, if I go a couple more That will not show any longer Okay, and hit apply I'm just not allowing me to hit apply. Okay, so Uh Anyway, yet then it will it'll filter this out All right, so um, and if that's the case, uh, then um the um Or I'm sorry that what I what I want to say is like, uh, if you filter this filter this out Okay, they're not going to show up on the chart any longer. All right, so, uh, uh, you'll be able to um, uh Filter them out manually. Uh, however you like Uh, so the um, I don't know why it's not allowing me to It should all right. We'll just do that all right, so um the Now those won't show up any longer Okay, those ones we were just looking at because we filtered them out manually. All right Well, there's another way to do this automatically. Okay, if I hit auto my automatic mode here Uh, now look what it shows up here. It's grayed out and I can hit these buttons, but nothing happens But it shows 774 over three price levels and in this uh time frame of 0.81 Okay, so those uh 495 they will not show up either Okay, because they're filtered out the automatic mode is showing here and it's grayed out Uh, what it is showing here is or the calculation is the interval of 30 minutes in a multiplier SD is standard deviation. So it's basically a moving average or an an exponential, uh, average in here Uh, and uh, but based on a standard deviation So the calculation is over 30 minutes. So this is great. So it's always going to be changing here Okay, this gray number is going to be changing over time So that when there's volatility you'll still get a good reading in here Uh, that uh can help me see I went up to um 775 right now Okay, now if you if you want to see more or less very very simply then just uh You know change your your multiplier Okay, and now look 515 and those 715 show up here now Okay, so uh, that's how you can filter uh using this automatic mode and your multiplier is just making the standard deviation much much higher Okay, and now look what it does. Okay 1146 Okay, so uh, uh, you're not going to get too many Uh with that that filter there. Okay, there's a few in here But look again at some of these areas in here. Well, that was a breakout here. Now we're seeing Uh up here, uh, wow, you know, it swept it to the downside here By a lot that's a lot of selling Okay, so that's interesting, right? That's giving us some insight right here all of that selling Okay using that automatic mode here All right now again, this is this is a way that like scott uses this which I like very much Is uh, he's looking at this in here Uh as the event This is your event Okay, something happened in here Uh, there was a lot of selling in here now It also happens to be an iceberg and a stop run here So this is kind of an important area up here around 57 All right now what we're looking for around this event is the order flow This is like any other guys if you go over to the algo boys room or if you go over to tom b's room That'll be starting here shortly In his webinar or on our discord channel the algo boys or whatever it is It's always order flow around levels so If we look here At this suppose this is our level and we'll just mark it up with two lines Now we're looking for the order flow around this level here these these two this kind of zone of 55 to 57 Okay, and what's going on there? Well, we're starting to see buyers above it, but i'm not too convinced by them right now Okay, they're on the bid here at 56 and a half We're not really and they're pulling here now that that's good. This is looking good. All right, so let's see if we get enough buyers in here Let's see now. I don't like it. It's it's making me kind of leery yet again I I don't like seeing these guys pop in here Looks like maybe they're starting to trap some of the buyers here on the small breakout And then they'll pull the liquidity. We'll get sellers here around maybe 56 And then they'll whip it down into 55 and 53 maybe 50 Okay, so we're on the lookout for that this being a false breakout here Okay, and here they are they're pulling here. We're starting to get some selling here It's not enough not enough not that's not very convincing selling look at compared to over here Okay, so maybe it's just kind of kind of go back and forth here All right now if we come back down again and we see that selling at 56 And we see maybe they lower the offer and they're pulling on the bid then we're looking for it Okay, so see how we stay away from that one Okay, and it was looking really good here on the buy side, but we just didn't you know, we're being careful with that And then here they are on the buy side Okay, nice. Look at that another sweep and also iceberg exchange in there They're on the bid. There's liquidity on the bid is what I mean Jay Okay, the bid is built is being built out like they want to be buyers At a higher level here on the bid. This is this is what I mean Okay, does that make sense Orders in the order book that's correct. Yeah Yeah Now that's where we want to look at that context between orders on in the order book here Compared to the aggressors. That's our context in here and and this is playing out beautifully right now Uh, you know kind of a quick hard read, but I mean this is the same thing We were just covering or this whole webinar was they're pulling here. We found our buyers They're adding here on the bid at 57 limit buy orders here and a little bit higher here and higher here Okay, uh, they trade into here And we don't know if they're gonna they you know the these sellers at 60 they they got what they wanted on the offer They got they got filled here Uh, the question is is there still more buying pressure and there is So still looking for higher here All right, same process Uh, and um, and again this this process is on all timeframes Hey, the one thing that it gets kind of tricky. Um, is the uh, I mean It it flips and changes. It's dynamic Okay, so this is why like, you know, just look for something that really looks clean and clear Uh, and that leads to something higher probability Okay, instead of like just kind of guessing at it here I mean look the bid looks okay in here. We're finding our aggressors. Okay. Yeah. I mean, it's not bad Uh looking for 65 here You know, it's not bad. It's not a trade recommendation, but that's the order flow read right now Okay Okay, now they're starting to pull and and they're here now at 63 So, you know, we might get a little bit of a shift and change and back and forth in here Uh, but yeah, they're still here, right still kind of bluish in here and they're they're also down here at 60 and and 59 Okay, this guy's kind of being stubborn here at 63 All right guys, so, uh, let's just do a recap here. We went through the sweeps and absorption in detail and how that can kind of mimic some of the, uh, order, um Order book a historical order book and start to understand those levels Uh, and then the sweeps and how that kind of relates to stops Uh, the absorption can also rate not only to the heat map but also icebergs being absorbed and, um, uh, yeah, we talked about Well, we talked about market structure. Uh, we talked about the, um, Context here with liquidity, uh different setups as well. We talked about the weak tops We started off the webinar talking about this move to the upside here Uh, and we did not like it Okay in here. This was not very convincing in here Uh, that, uh, this is this is good Then all of this all of this buying in here is just not enough They're they're they're buying down here It started to shift and change a little bit better a little bit better Okay A lot better Okay And then here is yeah, I mean we we were looking at it in here We were talking about 28 as being one and then 30 is and 31 is the next All right, and then that kicked off a really big move Uh, later Okay, and it swept the order book here Uh, and then and then up in these areas up in here We're still just looking there's no reason for it to think any differently for it to trade higher Okay, up into 40 and 50 Uh, and then we got it and then we're just talking about it right now Uh, as it still looks pretty good up here Okay, um Yeah, so let's see. Where do we leave off? Uh, they have they're on the bid they're pulling here and then this guy at 63 Was being a little stubborn. Let's see if he traded Yeah, looks like he transacted here Okay, so yeah still looking for Oh, basically still looking for 65 66 All right guys, so anyway, um, yeah the uh This process in here same process reading the order flow on all timeframes Okay, we can look at our uh 15 minute on the right our hourly here Draw up your levels look for you know the uh, uh the strength in here and the moves Uh, the the consolidation the back and forth in here Uh, and then looking for the breakouts Or false breakouts, etc Right same same concepts here. It's just larger timeframes and aggregated data in here But the concepts are exactly the same Okay, and almost at our 65 level here All right guys, well, uh, yeah if you can Give us a like here hit the like button hit the subscribe button subscribe to the channel We'll do more of these we do them every day tomorrow we'll we'll have a j trader Uh, and oh, yeah, I wanted to also mention the blue jacket. Um So I talked about it earlier here Where you'll see the You should have gotten an email Regarding it Yeah, we also recommend uh, you know going to like, uh, uh rob was talking about this earlier our Beginner course Okay, well, it's actually advanced webinar course, but um, uh, you'll find it here on our youtube channel scroll down here Uh bonus materials. It's the first one here book map educational course click on the full playlist here What we went through today Uh in reading the basics and the order flow and rob kicked it off here Was uh was this here? Part one and part two basically Uh go through these understand, uh, what we're looking at in book map And then we go through that exact same process here in the live market Okay, and we just traded up to 65 as you guys can see um the um Anyway, uh, yeah, this is what everything is based off of here is the course And then that can be applied to any time frame any levels Etc right and that's uh, it was really good to hear rob. Uh, that's exactly what he's looking at and going through Yeah, you're welcome jc, uh and uh and dh So start with a course that blue jacket. Uh, let's go back there Again, so hold on Yeah, here it is. Okay, so a competition or contest here Create some content you get a chance to win our blue the blue jacket here free subscription for three months And be featured on our book map insights right here Okay, so uh, uh, you'll your images and your content will be in here So mark up your charts, uh, show us something interesting And they also have a possibility to work with book map. Okay get uh, we're closer with the team here You can read about the participation How to sign up and how to share and like uh, hear the details and uh, Just sign up right here Okay, so I'll put this into the chat yet again for you guys and then uh See if you are interested in that Uh, Joe, that's great. Yeah, great to hear. So you're you're getting better reading between Uh, these webinars here, uh, the advanced webinars Uh, and uh, also with uh, uh, Tom's room and we have other other people in discord as well guys In the afternoon, if you're an options trader, we have dug options with Doug He's got a fantastic strategy All right, so you might be interested in that Uh, we have the algo boys Uh, they're going to be looking at their proprietary algo levels where they find a heavy, um Algo activity and then they're looking for the order flow around it Okay, interesting stuff there All right, so uh, yeah Uh, lots of uh stuff within our discord community Uh, come and check it out. Thanks for coming everybody and we'll catch up with you tomorrow with jay trader. Okay Yeah, take care