 Good morning traders, can you guys hear me and see my screen if you can just type Yes in the advanced hashtag advanced webinar Chat room there should be able to see my screen Okay, okay great. All right. We're all set So let's let's get going And all right. Thanks guys This is not the basic webinar This is the advanced analysis webinar So, yeah for those of you, I mean You know, these are free and open all at the moment and they typically weren't these these webinars They are part of the educational course The end package that you got complimentary with your bookmap subscription with global plus So just a note about our education if you're new in here So we do offer education with the product pretty robust educational plan We have an educational course. That's online. It's four parts. I Encourage you to go and watch that first before coming to these webinars It lays a very nice foundation from everything that we talk about here Because what we're gonna do then is go through that same course content here in the live market So you can apply exactly exactly what you learn from the course That's the concept here. So you know, you've got the course and then Learn there you can review it whenever you want and then you've got these live webinars ask questions in the live market So you can apply it And understand it in real time. What we'll do here is it's forward-looking analysis It's not hindsight. We'll read the current order flow in the current market and we'll give insight to where we think Price is going to move next So we'll go for about an hour. It's at 10 a.m. Here East Coast time will go for you know, we've been going over an hour But that's typically what we do And tomorrow we'll have J trader a stocks trader and on Thursday. We'll have a scuffle senior futures trader On Friday, then we'll go back to this live analysis here The concept is with the live traders and live trading room that we have on Wednesday and Thursday Concept is all right. So now you can apply what you've learned But now you will have other traders and learn if they're specific setups their way of trading their way of looking at it There are many ways to trade Bookmap is a platform not a trading strategy. So what we Offer other traders in here and get their insights what they're doing. They're excellent And you can learn a lot from them You can also learn a lot in these webinars here and and It's in general it will apply for any type of strategy if you guys are looking at fib levels. You're looking at You know floor trader pivots or you're looking at Trendlines we went over some trend lines yesterday Etc. So anyway, that's the concept here with the Education that you get with book map and we're doing it right now in discord. All right So anyway, let's go through the disclosures here the 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 a substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results All right Hello, Bruce. I'm not sure if you can hear me, but thank you for a lost audio. Just bear with us guys Okay, can you guys hear me now? Unbelievable. We hear you now. Okay. All right. Well, yeah, my yeah, this is really upsetting Brand-new headphones. I've been having problems with them. So there might be some background noise. So sorry about this That's the situation that we're gonna have to deal with in this webinar All right, so I Can try one more time It this is gonna be sound is gonna be better All right. How about can you can you hear me now? Yes, we hear you now. Okay. It's better quality. Yeah. Yeah. Okay. So the headphones are working again I don't know why they disconnected. Sorry guys. I took a little bit of time anyway, I was just talking about If you guys have questions about some of these things like and some of the tweets here from our Twitter feed Ask them in here. We'll be happy to go through You know, like for example these some of these concepts here exhaustion This is you know understanding market structure. This is all our education Understanding the aggressors understanding exhaustion who's in control in certain areas Once you start to comprehend like exhaustion in a trend look at some of these entries you can get in here It's just amazing, right? So, you know, you start to see a flip in the order book or the order flow change over here Now you starting to see exhaustion on the other side, you know buyers starting to come in on the on the You know lifting the offer etc. So These kinds of concepts just that's what we're here for to you know ask questions and we'll cover This kind of information also, you know, we saw some of the higher time frame This was from a few days ago the 6th of January last week Some some massive icebergs. We've seen massive icebergs buying for a number of days now Okay, so how does that apply? Well, here's how it applies. Here's our we were talking about it yesterday in this in this potential reversal yesterday And that panned out really nicely. Okay so anyway starting to understand some of these concepts and applying You know market structure and order flow within that structure You can start to look for these moves to unfold and this one unfolded really nicely So and this is much much higher time frame stuff So it Bookmap we've been covering the higher time frame stuff because we can lately. I think it's It it's kind of presented itself So, you know, it's it's given us some some good feedback And looking for that to unfold now, you know during the webinar went through all sorts of little micro trends and etc in here I want to show you where those Recordings are now Okay on our YouTube channel here. You scroll down a bit and We we kind of Arranged it a little differently book map intro videos Pro Trader webinars selected webinars features and components Order flow education videos and then the recordings are here. Okay recordings of the streaming And here's yesterday's okay, so yep. I think you'll find These a lot easier for access. They're just right there on our YouTube page. Okay, and we'll upload this one You know after it finishes here, it'll take a few hours. So take a look for it. All right Let's just jump in here. Let's see what's going on. Let's start again with our higher time frame analysis That seems to work pretty well for everybody. Now. This is something that we drew yesterday and We're gonna cover that first. Okay, so This played out really nicely So we had a trend line. We had a couple different trend lines. I deleted one. I kept the other in here And you can see what happened here. Well, someone was buying off of it, right? We're still in an uptrend in this daily chart Hey, we're making higher highs. We're making higher lows Yeah, it was you know, some pretty big sell-off here In in this area here in these areas here as well. So we're kind of seeing some some market churn Back and forth in here. So it's different than it was previously And these are big swings as well So anyway trend line and we drew up this zone in here I was kind of surprised to see this trend line hold at this point I thought we'd probably get down a little bit lower in some of these areas here in this S&P 500 We didn't well. We we haven't so far at least you know people were buying off of this and We witnessed that buying back here on the on the 6th and in this on this day here Okay, so we've come up to that area here and tested it over on the overnight in fact So this is where we saw those 14,000 icebergs now. We saw another 10,000, you know, I can't recall where Maybe you guys remember Somewhere though along the way. Maybe maybe it was yesterday as well But we've seen, you know, like, you know thousands several thousands of icebergs Getting filled on the bid. We've seen a lot of Liquidity getting filled on the bid as well. Okay, and these areas here as price is coming down So, you know, it takes a while for this to kind of turn around but once, you know, the market Basically runs out a seller selling pressure and you see buying pressure come in the other way That's what we're looking for. We're looking for a shift and a change in the order flow and yeah, this one Was a pretty nice one pretty nice point move. I think we were we ended the webinar We were looking for just the move to 4,600 here Somewhere around here. We're looking at it down here and we're looking for the move to 4,600 As a target that unfolded and and look at the pullback though. This is what I want to cover And talk about market structure again Okay, so we're talking about looking at this higher time frame structure and Starting to understand these levels here But then we're going to look at even lower lower time frame structure and we're going to start to understand like what's going on in here So pretty heavy sell-off on Monday again hits it again down into the 75 level and Then we saw something kind of shift and change in here We're looking for the move back to You know some of these swings in here and then also I think around 90 and then 4,600 and But look at the pullback here. This is Market structure again here's where we broke out from right down here I mean that there's also this structure here as you guys can see and look at the pullback here to it Okay, now it went dipped a little bit lower here, but it went down to this kind of market structure here And then it bounced off of that Right, so anyway, and then look at the breakout here above this swing here Okay, just after one around 130 or so and look at the buying above it here And they're moving it away from the structure And this is what we were covering yesterday And then we you know the webinar ended somewhere around here But Again, we start to see lots of lots of buying in here You know, they're they're taking control of this market And we have a nice move to the upside and for the for the overnight as well. Okay, so again understanding the structure here understanding the higher time frame structure and then start starting to anticipate or get insight to where they might start to buy Hey, where they might start to sell etc. And then look at you know the daily Okay in here whoops That's not what I wanted to do Start to look at the the day's action And and start to align these time frame these these structures together And then look for the order flow within these structures to give us the insight All right, so what do we have for today? All right? Well, we see the pullback here And it looks like you know for the day at least it's a downtrend Sellers taking control below this swing here Bigger picture though like this is where the buyers took control. Okay, just a just above this 4,600 or around 4,600 And they've been in control since Right. Here's sellers reaction to it Trying to take control at the cash open moving this market lower. Now, where did they move it? Let's take a look Okay, right just shy of the swing. So we're still in an uptrend actually Okay, so they did not come down below this swing yet and Yeah, let's we made a higher high here. We're still making higher lows here Hey, basically All right, so Let's take a look and and jump into current market action and see what's going on. All right So cash open move to the downside into high liquidity here once again Down at the lows here it did not trade down into this 4620 area, which is kind of curious I would look for that move and You can see that some buying starts to come in here a bit. We do make a lower low here Right, but we we're starting to kind of key in on some of these levels here This is a pullback to this structure where this where these sellers dropped it here at 940 Okay, and we have a nice cluster of buying up here All right, we still made a lower low though. Okay, now we're making a higher high and now we're making a higher low This structure here is Really no different. In fact, let me turn off the icebergs the on-chart icebergs. So we don't get distracted by that I really like this on-chart icebergs. I mean we've been using that on the higher time frame as well Start to identify the purchasing of these icebergs Or the transactions, so let's Deselect that and then let's take a look here at The structure that we're talking about same ideas here same concepts, okay, so this is where We came back and retested because this is where we dropped from right here And then this is where we just broke out from over here Okay, now we retested a little bit lower, but they they also kind of broke out from here as well Okay, that's where we've retested so far All right, so we're starting to understand bigger picture. The structure is like this. It's a little little wonky It's not as precise, but there's some details in here But more or less something like that and we're above it now All right, so let's zoom in a little closer Let's start to see what's going on with the order flow within this structure above this level here of 46 40 Okay, so we've come up here and tested the highs a few times Okay, and we're making lower highs here At the moment And we do see a nice cluster of buying up here Not able to take it higher though not able to take it higher So let's see if we get a bit of selling in here to try to take it down to 45 and then maybe even 40 All right, so anyway, that's kind of scenario one and I don't see those sellers here I'm seeing buying coming in so I think they're going to trade right back up to 51 here And then try to break out maybe at this point to 52 53 and then maybe 60 In case we did not get the sellers we're looking for here. So here we go. Here's our here's our move into 51 or 52 Already still looking for higher looking for this 53 and three quarters Now we just made and now we still made a lower high here actually Interesting Right here. It's pretty close. It's getting pretty close But we've still seen buying up here. So that's good. We got that going for us All right, so let's see if we get another cluster of buying up here Let's see if we can get a skew on the order book on the bid Finding buyers All right buyers. Let's see it move up in this 53 As soon as I say that look at the volatility it just just picks up here I mean, this is this is hard to know when this is going to happen It looks like just a seller swept the order book here just dumped Had had a large order And yeah, that's what they did. In fact, this is kind of a nasty move here From the sell side Look at these guys Someone came in here dumped it and then high liquidity on the On the offer Buyers took them on though. They traded into them And they took all that liquidity Okay, we have to zoom in to kind of see that in the heat map as you guys can see It was a very very brief moment Okay, so, you know, this this just disrupted that whole that whole pattern here Okay, so we're back into the range here And now we're down at the bottom of the range here I imagine we're gonna get buyers in here and try to bring it right back into 50 And then let's see if we can get right back up to our 52 here Okay, so we're back in the range Let's see if we can get to 50 Okay, we're at 50 Let's see if we can get a skew in the order book here a little bit more buying in here skew on the bid And the reaction to that bid is buyers And then see the move right back up to what we were originally looking for until this player came in here and really spoiled the whole party here Okay This is what happens In the market. I mean like You know why this can be so frustrating sometimes When everything's looking good here and someone comes in and just really spoils the party and knocks your stop out here Okay The one thing that we've got going for us here Is we're smaller players We can get out we can see this we can get right back in Okay, and yeah, I would get back in and I would be looking for this move back up to 52 here Okay, we've seen this just so many times Still this is still in an uptrend, you know from this move on at least So they're still hitting the bid hard Just can't do it. It made it up to 50 at least Still in an uptrend. I mean this is where these guys, you know came in Okay, right here still looking for buyers to bring it right back into 50 here See if they can Okay, now we've got to go through the opposite scenario here if we yeah, it looks like the opposite scenario may unfold here Look look at the selling coming in. All right, they're going to go for 40 here Is you have to kind of flip on that one pretty quickly The reason being is this is where the buyers came in more below that area here And looking for them to kind of squeeze the longs here Down to this 40 level Okay, I mean these guys were laying in the book here for a while and we did not test them All right, let's see if we get our sellers here So we had to kind of flip flip pretty quickly on that Everything was looking good and this this guy came in here Still looking for it here Boy, they just just drove it lower Point we can't even get down to 40 really Yeah, I'd be looking for sellers again down here around 45 for them to drop it into 40 There's some exhaustion. All right, let's see if we get our sellers right here There they go and let's see it more than that and we want to get we got to get below 45 though This is not what we're looking for for that scenario Right back to 50. Okay Really they can't even get down to 40. All right Well, I mean that we know that there's buying in here And we know the selling it we can look at it. We can look at the dots. Let's make the dots a little bit bigger Okay, and let's let let's also look at the the bars down here And there's still more buying than selling in here. We can look at also our cumulative volume delta Okay, it's there's more buying than there is selling here. Okay, so we're Boy, this is this is a Some flip-flopping back and forth in here I'm surprised like if they can get it usually down below this 46 or you know this area here Usually we'll see the test into 40 and that was looking pretty good I'm surprised to see it go right back to 50 Uh, let's see as often Oh, okay Yeah, yeah, I agree with you like I like looking at the stocks, uh, uh, david Uh tesla and uh and amazon to give some clues Or you know or the nasdaq in general Uh You know these different uh different markets here different indexes How's this amazon doing? It looks like amazon wants to go down to this 32 50 here All right. Well, let's see if we get a correlation here Nice cluster of buying yet again Looking for the breakout here, but no sellers take it right right away on down Down below this little zone here or this this uh structure here. So yeah, they're gonna it looks like they're trending here Yeah, I like your correlation david So let's see if uh, we can we can test test down to 42 and then 40 Still more buying in here though, right? That's that this is just really tricky trading. We're looking We're trying to gain some sort of clarity in here Uh Who's in control and and it's kind of hard right now We don't really you know, I mean the one thing we do know is we're in an uptrend and we do know there's more buying in here Okay, we do know though. We are making just slightly lower highs in here and we just couldn't get back up until like our 53 um, and then 60 uh area that we're looking for Uh, it looks like they got it now though. I mean like it looks like we're gonna break out here And uh, yeah, this is kind of a it's kind of a leap of faith in this one And just you just jump in and look for the move up into 60 here because they've done all this bs in here This player that disrupted the whole the whole process over here Right and then now we're just looking for a move up into 60 What we were originally looking for over here and it had to go through all this bs in here Shake and he's still in here. Look at that Still in here still dumping right This is part of part of the game. This is part of the markets And this is what's really it's it's frustrating. It's very hard to know when this is gonna happen We've got a little bit of insight here. I guess like uh, I should have been more zoomed in Um, we did have high liquidity here on the uh on the offer Uh and the reaction to it was sellers Okay, now in fact, none of these guys traded here. None of these contracts traded here Oh, no, I'm sorry some did very very few Right three Into 289 contracts there or 300 right and even more liquidity one tick lower was the reaction A little a little hard to to to see here But then you see this you see the reaction here the sellers come in Okay, and then again, this is just This is impossible to know When is that seller going to come in and do this again? Now the only thing that we have going for us in here Uh, is that we've seen this behavior once before Uh, just just minutes ago So this is uh, this is really tricky trading. I think Yeah, so we made it down to this 42 liquidity. This is just brutal Just brutal that uh, you know, we're looking for that beautiful breakout here and look at this All right, so you know This is the condition for today and this is what's going on and very very, uh, challenging Just to try to understand when this might happen here One little clue is this but boy, I mean It's not not not a whole lot, uh to hang our hat on there Okay, we made it down to 42 and a half liquidity still looking for 40 though If we can Okay, icebergs are all over the place as well I'm not getting too much from our icebergs. Okay, you can see it here This is pretty good buying down here A lot of selling in here How about for the cash session? Yeah, a lot of selling icebergs in here And then buying coming right back now. I'm looking at cumulative volume delta Now guys, I'm sorry like I do not have it from the cash open Uh, so your reading is going to be very different than mine and I don't know It's too bad. I would love to see it back here. Um, I had to kind of edit a video and um Was not able to uh Have all the software running at the same time So I had to quit book map and then come back in all right. So we're kind of all over the place with these icebergs All right. Well, let's go through a couple scenarios We see the selling coming in not bad. I'd be looking for this test to 40 and let's see if they can even break below it There we go. There's our 40 Okay, so and looking for a little bit lower See if they can Maybe down to this this swing down here around maybe 35 liquidity I will I will start to look I you know, let's start to look for, um, some, uh, um Um Responsive buying uh to come in and try to reach back up into 50 here. All right, we're on the bid here Sellers take them on Sellers take them on again Okay, looking for them to trade into and through this here Okay, then down to 35 Yeah, nasty stuff tom. I agree And on days like like this like, you know, and uh, just some suggestions, right? There's not not anything more than that is You know follow your follow your trading plan and when you have when you know, you have an edge and when you don't Uh, if you've got nasty players like this in here, uh And we don't really You know, you get stopped out a few times like just take a step back Maybe stop stop trading Because we just don't know what's going to happen here Uh, what we're doing with the order flow and are looking at our our structure and our order flow Is looking for an edge If we get like this kind of erratic behavior in here that that diminishes our edge so, uh Therefore it makes pretty good sense not not to trade Okay, we got to go through the the webinar though and we've got to go through our order flow reading So we'll continue to do that And looking for 38 looking for 35 here Okay, now I'm also going to go through another scenario here. That's a little bit bigger picture To try to understand here Um, and uh, hold on a minute here. I just got a few people reaching out Todd Todd says he's got these rotating 49 spots Todd. Okay. So if you can hear me Todd um You should be able to connect to um We've got Sam in there who's um Streaming as well Okay, so you should be you should be able to connect to uh his live stream Okay, it's just he's just projecting the same chart that I'm projecting All right, so see if you can uh, if I don't know if you're in here or not Todd, but um, let me see Yeah, yeah, there you are. Okay. Uh, yeah, so see if you can see if you can now look at, um, sam's I'm sorry. I'm sorry. I've been having all these issues But it should be working. I mean like I don't understand why this is not working for you It means that you shouldn't you wouldn't be able to see any streams anyway, uh, let's let's continue on um, and um Okay, so let's see if we get uh, we got to move into 38 liquidity. Can I could not get through it? Structurally though, we don't see a breakout above this area yet Let's see if we can get a little bit of buying in here I see on the bid something here So let's see if we can get our buyers and just just to reach to 46 and a quarter here. That's it That's it. Just just to see if we can just break. I want to see the the structure break I'm looking for some buyers in here Just to reach up to here Right, it looks like it wants to do it. It's hanging out up here Uh, and uh, let's see if we can just get that move up into here Stop a lot of people out Uh, that are that are short in here Now this is you know nasty action. So we anticipate some nasty action in here All they did was get above this little area here and that was it so far Just a little bit higher into that liquidity can't can't seem to do it Let's see if we then move a move right back to 38 and three quarters here That's what we should get if if this fails we should get the move down to the bottom of the range And I want to see it break it here down into 35 Okay, we've we've covered this here like false breakouts and and uh, etc many times Nice cluster everything looking good. Just can't can't seem to do it and the and the uh sellers, uh Move it away from that area All right, um, what I wanted to cover a scenario on the on the higher time frame and and why this kind of makes sense Why it's so nasty in here today uh, is uh, you know I I think I'd have to go back and look at maybe some of the um, I don't have any screenshots of it but maybe in some of these uh recordings uh of the um Yeah, let's see here. This was the seventh and this is the 10th um Should be able to They're just trying to kind of um You know, what were some of these areas we're looking at here when we saw these these massive icebergs That's what I wanted to mark up here And I have to go back and watch some of the recordings to understand them Well, anyway, I'm I'm not going to do that. Um, uh, let's just uh Oh, okay. There's our move into 35. All right. Here come the sellers So they blast they finally blasted through this area here into 35 Nice iceberg bind down here a nice stop run as well Okay, one more push maybe 30. Let's see if we can get to 30 Anyway, my point is on the higher time frame and why we can understand maybe some of this uh, uh, kind of nasty market movement here today in the order flow Uh, is that we saw the move um Into very very high liquidity, uh last, you know, uh few sessions And a lot of absorption Okay, a lot a lot of iceberg buying, uh, and then we have uh yesterday this move higher here Okay, so, uh This move has unfolded uh to the upside Okay, now we're getting our battle back and forth here between the buyers and sellers yet again uh, and then uh But still still very curious because I could still looking for the move to the upside here Uh in the bigger picture Uh, just just because of those icebergs. I and it's just um something a kind of bigger picture scenario And it's just uh, something to put kind of on the back burner Uh, we're going to read the order flow first When that order flow maybe starts to Uh align itself with that bigger picture scenario. That's when we can start to maybe look for it to unfold Okay, so just keep that in the back of our minds. Uh, and where I'm going with this Is yeah, it it makes sense that there's still kind of battling back and forth Uh, some days after we see some of those moves Okay, we're still looking for follow through today is not a day of follow through Okay in the bigger picture Uh, let's take a look at it. Let's just go back here. All right, so yeah, you can see that We had our first test of the trend line now. Let's go back here and let's take a look at The hour chart hourly Okay, well we filled the gap here And that's that's a lot of what's going on here So came up filled the gap here and then sold off All right, let's take a look at the 15 minute chart here Okay, beautiful gap fill Uh, it makes sense. There's a lot of sellers up here Okay, but look at the structure in here now too And let's zoom in a little bit closer. God. All right. Yeah, this is just confusing You have to show less bars all right You need to see less than that Okay Okay, all right. So here we go and we got some structure in in this area here in this 15 minute chart Okay, now we filled the gap beautiful beautiful gap fill in here And this was the uh, where we opened On the ninth or was it the ninth or the tenth? Uh, yeah, okay. This is sunday night. All right, so and then Not much structure in here just beautiful move from yesterday, right the structure is actually down way down here Uh, but it seems to be supporting itself in here and this is what we're kind of looking at here Almost similar to this trend line here Looking at this trend line right in here Right, so it makes sense that we're starting to see some buying off of that Now let's we'll look at the order flow and see if we get some follow through And I don't know. I may have to get some higher time frame Uh software in here to kind of go through this in a or just get much better at it. Um trend line Something like that Okay All right, I'm starting to see a bounce off of that now We can draw up the same things though in here as as what we saw over here in this in this uh daily chart So let's just get there because uh, we're looking for a zone or an area where Uh, we're gonna see uh, we're looking for buyers, uh in these uh in these areas here Okay, and it would be down here Okay in this kind of zone Uh in general, right? So, uh, let's see if we can get them. Uh, it's already starting to buy We're already starting to see a little bit of a bounce there But let's zoom in and and take a look at the order flow. It's just it still looks nasty here All right, well, we do have something uh to you know hang our hats on now in terms of the the uh 15 minute chart and the structure there Okay, so, uh, we we need to get back up above this 46 50 here Okay on some buying here. All right, so let's uh, let's zoom in. Let's start to Get some market structure on This area here Okay As well as Rectangle here Okay, let's see if we get our buyers here. Are we gonna get our buyers? Are we gonna get our breakout? I'm looking for it Um, and uh nice buying in here. Okay nice selling. We saw the move down We we did make it down to this liquidity at 30 and they did get filled in here completely absorbed it So i'm looking for our buyers here and then looking for the breakout and breakout first stop would be 42, uh, but then 46 Okay, a little bit of wind at our back here. We have the um On the bid at a higher level here not much, but you know some at 37 there All right, let's see if we get some more buyers here and then trade into and through this liquidity or they're gonna get out of the way At 42 Look at some other trend lines as well Again, just market structure. No can't can't make it Whereas on a line down here We should get sellers here on this. Yeah, there we go. There we go. Okay, so Wow, all right, even below this area here I'm looking for buyers down here. I mean this was completely absorbed And we saw a nice reaction above it Okay, so i'm looking for buyers again down here to buy more And don't see them yet. Here we go Now if we can get a more at 34 and we're not We've got to it's got to be more at 34 All right, looking for these buyers here right here and they're they're already pulling at 35 So let's see if they can lift it Boy and where to I mean like I guess right here 36 would be the first move, but uh Very buyers. Here we go. Let's see it 35 liquidity first Look at the bid the bid is showing even more interest here. So I'm looking for our buyers Okay, there we go now. They should be able to lift it right back up to this uh This swing here as well 38 And then test this trend line here And the reason that we're looking for that is they completely absorbed it down here Let's this is where we're getting insight from this level here and the liquidity We trade it down into it completely absorbed They they were not able to trade through 30 And then we and look at the behavior on the on the retest down here There's even more by liquidity down here Right, there's even more Okay, and we we didn't even make a lower low here. We made a higher low here I'm looking for buyers and looking for the trip the test back up into Uh, I like this 38 level where it dropped from here and it also kind of matches up with this trend line Okay, we've only made it to this structural level here so far 36 where it dropped from here I'd like to see it break it and come up to 38 Okay, looking for the break right here right now some good buying And let's see the move Okay, move it away from this area back up into the this this structure up here That's what we're looking for Okay, let's see it buyers. Here we go pop it up into 38 Okay, now they've broken the trend line Okay, we got to get back up into 40 though and and see that buying yet again up here at 40 Okay, and then we can get a bigger move here Boy, this is nasty structure the whole thing is just kind of nasty looking today. Um Still we're gonna go with it though I mean, you know with the structure that what we see here And here's here's why and maybe we should just you know kind of take a step back and talk more about market structure today And and then we can look at more of some of the details of the order flow But structurally this is why it's just kind of all over the place Now higher time frame structures is is not bad Um, the lower time frame here today though Like here here's here's our move We're looking for a 40 and then and then the potential for the breakout up into 50 again Okay, this was a response. You got the responsive buyers here. You should see a stop run above it This everything is pointing pretty good here For this move up into 50. I think Okay, we had that absorption down here They're eager in the in the book front running it more on the bid in front of it Finding our buyers here And then likely what will happen here everything looks good and someone will come in and dump it again So look out for that scenario, you know, uh, that's uh, uh, there's There's potential for that scenario here today higher potential And that player has been been doing that now a number of times or If it's one singular actor or or not whatever it is, uh, it's happening All right. So anyway, we kind of left off with structure. Let's talk about that I mean, this is really kind of the bigger structure is here See where they dropped it and retested here And broke out from here Okay, and then we had another structure though. I'm going to go with this this breakout here It's more or less like this And then we have another structure here So we're right back down in it Well, and let's just uh, you know Take a kind of a bigger look at structure and what does it mean? Hey, we can look at uh, uh these areas of consolidation here And sellers came in and moved it lower and then there's a is a battle back and forth Buyers were able to move it higher and kind of break it here Now the the bigger structure is actually is still up here for the day at least this is where the sellers really came in up here right here And that's why we look at we're looking for earlier in here. We're looking for that moved to 50 or 60 Uh up in this area here So anyway, what does structure mean? It means that the battle took place up here. Uh, it was totally, um Disrupted by a few different larger players We're still looking for that scenario here back up into it and here we go This is the kind of bind we're looking for to pull it away from this structure and come back into this previous one So we're looking for the move now to 50 On this breakout here and we want it. This is what we want to see this kind of bind And this kind of movement here Let's zoom in a little closer And we've got to pull back to the top of the structure here or maybe this one here as well All right and look for more buying coming back in. All right, not bad. Let's see then come right back to 43 and then break out Up into our next level And it's 50 basically is what we're looking for here The next level is going to be up at probably about 45 though Just above this swing and that liquidity up here that you see coming into the order book on the offer Okay, so what we have here in terms of market structure Is uh, this one failing here coming down and now this one's starting to, um Uh fail or is breaking out from is trying to break out from it here And it's looking pretty good This this is pretty pretty good buying in here and we want to see the movement as well Not just the volume. We want to see the movement and it looks pretty strong. It looks pretty good So we're looking for a move back up into this next area of liquidity here Okay, we move away from the structure Okay, still sustained still above. See I was bouncing off of the top of the range here. This is good Okay, it tested our 45 liquidity. That's already transacted now Due to a day like today Yeah, I mean I like taking my partial partial profits on these moves looking for a higher probability trade and then getting some Uh off of the table And then maybe look for another entry or look for just another high probability opportunity Okay, so we're back up into this previous structure And we're looking at the most traded level or kind of value. We're looking for a value area What was when when price was going back and forth up here? What was value? Okay, well, we're the most trades took place and it's this big lump here. You can see so somewhere between Uh, I don't know 48 to 52 You know something like that Uh would be considered value All right, what they agreed upon previously when it was up in this range here So let's just kind of draw that range up 48 To about 52 it'd be something like this And we're looking for these these buyers here To move it away from this area here and back up into the previous value area Ah, David. Yeah, I'm sorry. I missed your missed your question in here Been really quiet on the questions. Uh, god, it seems like we had more on the uh In the go-to webinars, which is kind of odd All right guys, there's our move Okay, that's what we're looking for right now Take some off the table if you're you know As it's it's not a it's not a suggestion or it's a suggestion. It's not a recommendation Uh, but uh a way to manage your trades is to look for the higher probability Trade like this and we're up in a previous value area right, so At a previous value area you You kind of think like well, I got it at a discount down here and I'll dump it dump some off up here So anyway, it's just a consideration here And now we're back up even to the higher area in here Okay, this has just been such a nasty move and that gets doing exactly what we thought it was going to do Uh, and and now look at the look at the size and and um movement here on the buy side Okay, we're looking for 60 now Okay, now here comes that that that player you just dumped it here as you can see Okay, out of the blue kind comes in again sells hard So now we've seen that behavior three times today Okay, so you you know if you took some off at 52 it makes you look like a genius Uh, if you held and it comes up to 60, which I still think is going to do to be honest This is just a really strong move and this is just one player's activity here Now this one player though disrupted price twice enough To break this whole structure here and get people to to sell into this liquidity down at 30 All right, so we have to be open and aware Okay, see how we're getting into the nuances of the structure And starting to understand in here, but even the uh particular actors In the structure and how they disrupted this whole thing in here All right, let's see if we can get our buyers here Back up into 60 now What's the probability of that? I don't know. I mean like uh In terms of like it's already come come back to this kind of previous value area likely we're going to chop around in here for a bit Okay, the one thing that you know looking for the possible breakout up into 60 here is like this is strength of this volume Uh and the movement as well Right and you can see is just pulled back and and a continuation of that strength here up into 60 All right, so now let's take a look and let's go over even a higher time frame Uh outlook here Let's go back to our higher time frame chart Okay Here we are in the 15 minute coming back up into where it dropped from at the cash open So let's see if we get this is where we found sellers before up here We'll likely find them again Okay, we'll likely get a pullback here Now if we just see massive a buy volume coming in here. No, we're not we're going to come up above into these wicks here Uh, and then maybe up through the gap fill Back up into these pretty previous areas here uh from last week Okay, where we just saw all of those icebergs. I I can't recall exactly. I do remember, uh 47 20 was an area we were looking for last week and never got there it it came up to like, uh It was somewhere around 05 is what I recall it was this it was this retest here. I think In this little area something something like that Okay, so, you know, let's just take a quick a quick look at it here. Um Because what we have here is um We're gonna drop a zone of where we saw the um, yeah, let's use solid Okay, let's draw up our zone of where we kind of saw those icebergs Okay, it was it was actually through this whole area to be honest Okay, so Actually, let's just make it a little more refined You know something like that And I there was icebergs down here too uh But uh, I'm The key the key one is up in this level here around this 10 to 20 level That's where all of these players that uh bought on the way down are going to be in profit Okay, so if we can get back up in here and we see that mine We're looking for a nice nice move. Uh, you know back up into maybe uh where it dropped from up here At 47 46 or even higher on the daily chart Yeah, I like this kind of area up here on the daily chart You see the see the wicks up here So just to return back up into this kind of 4705 area is not a bad Uh, not a bad outlook Okay, maybe you can get up into these wicks here a little bit higher Okay, our 47 20 was right here So, uh, yeah, that's a potential move as well Okay, this is bullish uh You know, we were kind of anticipating Um some chop in this area here because it's a previous value area Well, we're we're above it and we bounced off of the point of control right here at 46 50 So this is bullish and we're above that kind of zone here that we just marked up Okay, so if we get more buyers up here 55 we should get our move into 60 Okay, now let's take a look at the order book as well Nothing shaken yet There we go. There's some buyers now. Let's see them move it They're doing it. All right. Let's see the move up into Up into 60 Okay, we're looking for our impulsive buyers here big size And to move it move it away here from uh, this little range we're in right now Now the reason why I think that's higher probability than I do like responsive selling to trade back down here Uh is because that we bounced off a point of control already. It's already tested it here So and we're starting to find our buyers. So the higher probability I think not not by a lot, but the higher probability would be the move back to 60 here Okay, just just based on the order flow within this area here and and and the price structure the price action here Okay, so so We got our buyers in here. We already had our responsive sellers that traded it back here already right So and and we're above this area here So looking for more buyers to try to move it away here and that's exactly what they're doing Okay, so we're just about at 60 All right, let's take a look now. Let's zoom out Above 60 here boy look for a ton of stops being triggered above the swing here Uh, what about 60? 61 or 62 up here And we can get a nicer move up into maybe 70 maybe 80 I like 70 here. This is where it dropped from here previously Okay, makes sense any questions on this Okay, we've seen some just these last few sessions here. We've seen these higher time frame moves And putting these pieces together here In the order flow. There was some nasty stuff here earlier Okay, but we're getting the follow-through that we're looking for and there was the original follow-through that we're looking for back up here at 50 And then it just everything kind of fell apart in here And then we're back to it though Okay, and we're back to multi-day analysis here Based on what we saw in the with the iceberg orders Just so many of them getting filled on the way down Okay, so we got to break the high of the day here. What is it 65 or so? Anyway, guys, here's some great examples of structure On the 15 minute that's very similar to structure on the daily Okay, and then we're going to go to book map and look at the structure in here Everything was looking good and we had all of this kind of bs in here and finally we get our follow-through Okay, look for some stops here Uh above the swing We got a few but i'm looking for a lot more than that Uh, this is going to be a blood bath. Um Uh david was showing something here. Let me get to the image I didn't get a chance to cover it and then what did you say david here? Um, let's see you said Uh and a decent oh On the vix, yeah Yeah, nice Okay, guys, we're just about at our 70 level here See how much easier it is when we when we once we start to see this kind of distinction In the volume and the price movement This is just easy trading And you just you just go with it Price check on aisle three. Um, I don't know. Oh, so maybe this one here tom the pull back to uh, uh 46 50 If so, yeah, I totally And it accepted above it though, that's the the key for me at least, uh, you know, it It didn't because usually like you look for it just to kind of chop around in here back at this previous value value area here, uh, and um Instead it traded above it Retested it and it rejected or bounced off of the point of control and you had more volume up here That's when we're looking for the push Up into 60 and and there's still more buying so we're looking for 70 Oh, thanks tom Yeah, the uh, um, well Um the I mean the interesting thing here like, um, we've had the last few days is is just Taking a look at some of those and we you'd have to go back and review. Oh god. I should just take some screenshots more screenshots And and marking up some of our levels of where we saw these and just massive icebergs previously um, because uh, you know Boy, like we're looking for it. Uh, and uh, it it, you know, makes you look like a fool on on the day that it goes into them and through them all Uh, and then yeah, we had a few moves that uh, It kind of panned out, but we knew something was up and we're just noticing that then we're waiting for the order flow to kind of um, align with that Right and is this it? I mean, yeah, it's looking pretty good. Uh, we saw it yesterday Uh, and we're looking for that uh yesterday And it and that unfolded uh, here we have all this bs at the open and now it's starting to unfold again So let's see if we can get more follow-through Yet again here on the buy side. Okay back up into where? Well 4700 4705 and our 4 720 level it was kind of key, but um Anyway, regardless just go back to your higher time frame and take a look Right, maybe uh, we'd have to go back and review some of those uh, those those webinars Like I tried to find them. I'll just have to mark them up. Um Uh, yeah, I I really like to move back to just about here. Um round 4705 and these wicks up here Okay, we're already above the gap fill. We're back into previous ranges here Okay, all of these players here like just had it go against them and now it's going for them Uh, sam, let's see. Can we do a bit of hindsight? Sure going back at lower time frames? Uh, oh it's the lows of 1045 1050 What stands out in the order flow? What clues do we have for a reversal? Sure All right, so if everyone's okay with that, I mean, uh, we can do some hindsight analysis here You know, it makes you look like a genius, but um And anyone can anyone can do it. That's why we're here for the real-time, you know forward-looking analysis and and Like I said, the concept is you have the course learn from the course And and then come into these webinars. Uh, and then we're going to do the forward-looking analysis But I hear you, um, you know to to go back and take a look at some of these areas here Uh, and and start to You know, this is how you learn. Uh, you go back and you review Uh, and you look for these occurrences to happen again and again All right, so let's take a look here 1045 Oh god, this is just so ugly in here and boy, I mean I don't know. I this is where I just have to say like I just love book map like We know this is one individual actor. We know that the high liquidity here some of it did transact But they just came in here and just dumped on this Uh, really really hard. Uh, and um And did it did it multiple times to get price to go lower You know get people go in the wrong direction. It's just wicked stuff Um, and then we saw this down here and we were looking for these moves into well What what was uh, this liquidity here first around 40 38 Then uh, 35 and then 30 Uh, now didn't quite trade to 30 did it? No, it did Uh, it looks like it Double check No, no just shy of it. It looks like Just shy of it. So a couple ticks shy of 30 30 30 and in a half um, and uh, you know, uh They're totally it's totally absorbed down here. They can't trade through it And then this is where we got a lot of insight from the heat map. So again the order flow within the structure Okay So we're looking for the move down and then we notice like okay So here we are down at these levels here. It's traded into this liquidity. They cannot trade through this one um We got a beautiful retest back up to where it dropped from here They came right back in again and this was a pretty strong move here too And they came all the way back down into it. I thought what was going to happen in here Uh, typically in the order flows you get this kind of bounce here and then the continuation Okay, and uh, or maybe the bounce off of this level here. Okay, typically this kind of Yeah, yeah, this isn't bad here, but uh, anyway, they they just kind of went below the swing here and then it, uh Did not continue on up. It it failed it came back down Traded into this, but we got lots of insight from this And there's even more liquidity at a higher level. They're on the bid And then that's great. That's We know that there's a lot of demand down here But where are the buyers? When do the buyers start to come in and we start to look at some of these smaller time frame structures start to break Okay, and then we look for uh those buyers start to pull that back up into test some of these areas here I think 38 was one we were looking for and there was liquidity in here around 38 here It's a little muted in here in the in the heat map because I got this Rectangle over it Okay. Yeah, I think we're looking for 35 first and 38 Uh, and then if we can make it through that then we're looking for the top of the structure And it did test that And then it it pulled back again Okay Back to about 35. Okay that that kind of previous area in here and kind of where it broke out from now No, it's not the cleanest structure again in here Okay, this isn't bad but here If we take a look at it here And then the pull back here right Okay, and then we saw the um This is where the the buyers starting to come in kind of hand over fist And we're looking for that move up up into 40 45 and then and then 50 And the range between 48 and 52 here Okay, uh boy bullish here. Here's here's tom's price checked back to uh Point of control right beauty Right and look at the continuation So still looking for 80 if we can get up there. It's uh Still pretty strong move, but it's starting to wane a little bit I mean it's still you know Still buyers coming in buyers coming in buyers coming in now. It's starting. We're starting to see some sellers up here As well. We'll probably get some back and forth. Let's look at the pullbacks too. Look at the sellers here Look at the deeper pullback here All right, so this kind of might turn into Strong move to you know more a little bit of sideways action And then we'll have to read the order flow within that that structure Again Uh sam did I did I answer your question? I mean we I think we we saw this in real time so I mean this really kind of threw us for a little bit of a loop in here because this one player who disrupted it here And here again and then in here. I think as well. I I can't recall But it was three times And uh, and they're still in there where they still were They did this move here As well or maybe this was the third time But that behavior was was um evident and apparent Okay, so anyway, I guess what uh looking for that potential reversal is uh, uh the um Well, we saw the strong move here And we pulled back to this liquidity here and there there's even more in the book and it was completely absorbed here And uh, they're they're bidding up in this area here and the reaction was more of these buyers at these areas here That's when we're starting to look for these these moves back up into here And that that's all we're kind of looking for at that point Okay, then we look for the stronger move like this Now, you know, you can see it start to come in Okay, even in here, you know, we we were kind of looking for it in here, uh as well in that potential move and break out Hey, you know, you can start to see that buying coming in right move and we want to see it move away from this area here Okay, we already have this insight down here bottom of the structure And we can see we have the uh Uh very very strong, uh bid here Okay, and we see the reaction or we see the aggressors up in these areas here That's when we're looking for the structure to break And break out to the upside So this is basically a double bottom pattern here Okay now on the retest down here There's more on the bid at a higher level and it made a higher high or a higher low in here as well All right So, uh sam did I answer your question? Okay Yeah, yeah, I mean and you look for you know the the intent of of these, um Well, you look for the the the strength of the move on the buy side and and you look for the Uh, not only the strength of the move the strength of the volume too Right, it just makes sense. Like that's what it takes to move away from value areas Else you get, you know, you you kind of dribble down to like a Outside of a range of a value area and and people just trade it right back in Right, it's at a discount at that point It's either undervalued or overvalued So if you see the you know, just a a mass Moving it away from a massive volume moving it away from that area though Then it's likely going to be a new value area is going to be established All right, let's see if we get our move here more buyers starting to come in in here Yeah, I don't see. I just don't think I mean, I just don't think this is high is high probability at this point Like yeah, we're looking for them. They're they're pulling up here Overall, we're looking for our 80 level Okay, to see see how we just got some buying up here though above this little swing Well, we got to get a lot more And and to break it so we got some volume here, but we didn't get the movement though, right so You know, if it can't if we can't get that price movement You'll see the sellers come in on the other side here and try to try to trade it down Right and this will be trapped here At this edge here And then they'll move it right back down to kind of these these previous areas here Well, these but least the first one is, uh, you know here 70 back to this high, um Or point of control high volume node Okay, now now we'll see if it's going to accept or reject Okay, it's rejecting off of it now. Do we get buyers back up here again? Okay. Let's see One more movement No, not yet One more rotation Okay, not bad some exhaustion here So let's see if we get buyers here if we do they should be able to move it right back to 40 or yeah 46 72 and three quarters And that the exhaustion on both sides here Right, so anyway, you can see like, you know Yeah, we're still looking for the bigger move here But this just it just did not have a kind of smell to it here or a look to it of being higher probability because We see some volume up here. We just don't see the price movement happening Okay, so we you can see sellers moved it back into previous previous areas here now Our seller is going to try to take it to the other side here Well, then and then will they Start to create uh in here lots of volume to maybe you know see this kind of uh Area here become more valuable Basically more trading more value And let's see if we get some exploration there into 67 and 66 here Yeah, anyway, this is this is just it's not looking uh I don't know. Oh, what is it? I think um Who was it in here? Um Is it yesterday? David, uh, David W. Um, uh, you know was uh talking about that also Session and time of day Okay, so it's 1130 now east coast time is past 1130 So this is european clothes london clothes Okay, so now are we going to start to see like, uh, you know after maybe some chop and some, you know Them kind of showing up their positions Then we're looking for continuation Okay, if so then we're looking for you know More pure move here more volume up at at 72 here And and then a strong break Back up into 80 And and why I bring in time a day here Is just to understand when the players are are playing Right like the cash open like the clothes You know again trying to kind of fit it into the bigger picture here that this is an auction And is the players in the in the auction And they're the ones that are moving the market the majority of them Anyway guys, let's wrap it up. It's been an hour and a half more than an hour and a half And uh, I'll put it up on the uh, uh youtube channel in a bit You can take a look uh in review and uh, and then tomorrow we'll we'll do a little bit of this tomorrow Uh for the first 15 minutes or so at 10 a.m Until jj trader comes in and then we'll go through some stocks All right, so what thanks for coming everybody. Let's wrap it up and we'll catch up with you tomorrow