 And I forgot the mic was muted. Oh my god. I'm such an idiot Are you guys on? So do I have to repeat everything? Okay. Yeah, massive spike. Hi. We're seeing non-farm payroll sort of hit up Inter waiting for a dust settle We're looking at this and we're seeing Numbers are not too bad and unemployment rate is down. We got more so I mean pretty much at consensus So it's nothing sort of we're looking at and saying it's overtly sort of troubling In terms of I was gonna get around them just big candles on the next swing but we're at a position where we want to be I think it's slowly coming up high and And probably maybe get an extension worst case If anything, but generally we want it to be around here to then little come back down Ultimately, that's sort of what we're looking for at least currently I mean looking at how big the candle is you're gonna probably see a bunch of lungs just enter in and there you go There was your bunch of lungs just entering in I Mean, it's already added long story trap those but again, you can see those just being just Hand over fist just always wanting to come back for more Why won't you learn? Even got support so they're supporting this and let's rise. It's nothing you want to shorten this candle It's probably your next candle the candle officer But ideally if you can't if you have the patience just wait for 10 o'clock It's just around the corner man one hour and a half One hour half waiting you'll probably get something like this Best case to short But yeah, that's yet to be seen Whip saw usually leaves itself in sort of two prongs First swing up. You don't want to you don't want to hit that You're probably gonna hit the second swing down If it sort of does it like that, then you're probably long for the day But no not too much interesting or nothing too interesting So we might as well talk about yesterday and what we said yesterday we're looking at yesterday So I mean we were expecting the second leg, but whether it was either Capping off here or coming all the way down here was yet undefined So in this instance, we just did a short throw again The short throw was the volume and we can have a look at that and bug mapping to see where that was Again, it's just above here There we go. We've got our relative ones here again This is the part we are focusing on Just this section here As you can see is just that second leg came in just to fish for more orders and more shorts to try drive price up higher in The long run so you can see the first one that we talked about was a perfectly fine entry I said wait for the second one. There was a second one just collecting more shorts at this level here Then just liquidating them at a later date. I mean we can look at sort of the Pet show multi book and just pull up liquidations on this Really wanted to But to be honest liquidations are pretty easy to see with the naked eyes Just have to use you just have to get some practice into it No, that's the key. Just get a few bit It's gonna be a practice and you should be fine with looking at liquidations. Just off bat liquidations usually manifest themselves in the form of just Stops so highs and whatnot. There you go. There's all that trap of liquidity Now we want to see if you get a second extension of a candle See maybe potentially if we have a Date that or a time where we expect something else to happen As you can see 10 o'clock is that time that we're looking for As as typical, this is why we do 10 o'clock if you can grab in the 8 30 morning There's your 8 30 morning your next sort of pivot is at 10 o'clock So that's why you'd want to wait for 10 o'clock to actually enter into a position today Then that should have very short expiry because you've got a bunch of Bellens talking starting from 11 15 and and continuing at 12 15 Then the final Bellens is coming back to speak at 3 30. So Well, it'd be interesting to see what they do to market, but We don't really care what they say because it doesn't really matter Ultimately just a bunch of Bellens just In a circle jerk just talking about stuff that That they are still out of touch with But we'll see if that again lasts all the way until 10 o'clock or you get a nice little extension We get a nice little fill of this candle I've got five minutes. It was kind of close anyway So we see where it closes see if it backs tracks on the next candle Then on the couple candles later pulls back up wait for that 10 o'clock sort of sort of news Seconds a wave of news release or data release and then pushes Pushes in the opposite direction Sort of wallowing it now you can see that bit into came and went Just supporting you can just use like a knife or butter which comes in as soon as they get slow But reverses aside Let's continue to go down offsets a bit here But you can just see it's just pretty long Which is what we want if you want to be on the shores is for it to be sort of Heavy long creating a sort of a larger sort of amount of delta here. You can see that on that ledge there Look at I mean we can look at time and sales and just see sort of Goes to the alpha 100k Just see you We forget those large bit coming in exceeds the mark Have the market buys coming in just pouring it above this level here just slamming into that resistance that we're looking at And as it slams its resistance more and more longs Enter into this market and get trapped So we're looking at that saying oh cool Who paid you to be an idiot uh looking at sort of It right now Again, we talked about first stop second stop for yesterday In terms of swinging came in fruition today. So We're not too fast Bounces off of this We'll see if it pushes down aggressively Not really going to give sort of a leg or a support for what the push down because again Pretty much up in the air with uh, sort of these speakers See what they say I mean we got us The european central bank as well as a bunch of feds and at these sort of time and dates but You should get sort of at least a singular trade at 10 o'clock to sort of expire Half is half expecting to expire at these times Uh, then if you if you want to continue to enter into a trade for the rest of uh for the day You can do so but not really sort of uh Necessary you you should I mean 10 o'clock should provide you with a decent sort of swing down Uh, if it doesn't then you're probably looking to offset that Entry for a better time at one of these sort of time intervals And you want to see where it ends up coming to if it's so ends up just resisting on this You're looking at it as like, okay, there we go. That's free real estate. Let's sort of drop this back down But it's just collected short and undercutting them or over cutting them Just whatever side of the coin you're on and how pedantic you want to be but we we've got like a buffer tube up here where we have these sort of collections and deposits of shorts that we potentially want to or longs rather that we potentially want to sort of keep trapped Into this market, but we don't want ideally uh go too high above this If we do we're looking to at least target The highs and take that liquids there But if it short throws you can expect maybe an extension here Best or worst case again depending on who you ask Uh, it should then push it back down Uh Other than that, I think I don't think there's too much to say I mean it was pretty completionist. Uh I mean it took while but yeah It's pretty much Completed that here you could have entered I mean if you're in london you could have entered it and just Took that bite or just waiting for that second leg to come in From this area here. I mean there you go There's a perfect second leg just matching up with that sort of green point that we wanted Just expecting that sort of w coming in here Pushed up high so potentially looking or maybe another little small little w to push it up higher Just one more time to then push it down That's yet to be seen how far we this takes it if it starts targeting these eyes That will be sort of an excessive push pull on liquidity So probably release a lot that we potentially uh could uh collapse off of There it goes sort of talking in that area Just building up Gonna flip to you. There you go. Flipped it. Yes You can see very bottom heavy start just capping it off at that sort of daily Resistant area here Uh just really sort of a thin volume but that's to be expected because we Basically just had just a surge of volume on that news release So it's hitting that daily resistance and this daily resistance has proven to be very effective in terms of the last couple of days In something that happened all the way in september Pretty effective. We'll see if this finally becomes a deciding factor whether Uh, it just ends up just leading to an actual move and shift into a a new level I mean really ideally looking for that For it to either be shifted It doesn't matter which side but just to be shifted. So we get some sort of variations within this and escape this sort of nightmarish sort of just bouncing and get some sort of uh breakout trading If it takes it to that level, uh bitcoin will probably suffer a bit on this You're probably looking at bitcoin and just saying, okay, cool. It's uh, where would you ideally see if it if it and If es ends up going to that weekly, I mean it is pretty steady drop Look at i mean percent wise It's about a three percent drop. That's pretty big I mean it'd be a great way to start off the uh start of the year Oh And I think really too much today Rip hobby Well almost hobby Where's that news? No Ha ha ha Oh, no exchange volume dropped 32 percent of the market. Uh concern grow around health phobia Exchange exchange will be a concern that it'll cut its employees by 20 percent after just an early tonight layoff reports You're liar No A very lean team will She still has a job What about the other people? Probably the other 20 percent That's funny Like this is how you know, we're probably uh closer to getting closer and closer to sort of the a sort of a Relief rally as more bearish news Yeah, more bearish news comes out the closer and closer we get to sort of giving people hope Then denying that hope away from them Uh Again, I mean if it goes down that's nothing to be sort of surprised about we want we want the first uh We want to start the year and start the quarter to be uh downwards Because that will sort of lead us to Having that potential to say that okay cool We went high on the short term we want to go low uh lower on the uh mid term and swing back up for the sort of long-term move I mean if you look at sort of where the volume has been trading you can see that shift and put a draw now out here I can see the monthly as well. I mean Slight slight variations, but pretty much the same in terms of where volume has been traded just about here So it makes sense that we open and close around here from a volume aspect And it's just been very tight very kept other than the sort of two swings high pushing it back down Just connecting more longs nothing out of the ordinary. I've got some pressure applied here We'll see if it goes down then uh comes back to this if this walls and ends up staying on the sort of On this sort of open chart So we want to see if that sort of if you start peeling away This becomes reference points If they stay active if they start to falter at any point in time You're looking at it and saying now that's not really going to be a short throw They're probably going to extend it. But I mean as of now Yeah, pretty much sort of going smooth. We're expecting At least for it to close here Or even better still eat into here But if it closes off here, you probably can catch yourself on a bounce So the longer it takes to do that the better chance we get at these sort of highs or even into this Into the bids that will short throw prone there So we look for that And we sort of push back We lead that as push back again anything below here just becomes Subject to wanting to short I mean wasn't within reason. I mean if you look at a sort of yesterday We've got our sort of swing pushed up high. You can see how we're hanging around here Then to the tail end of a new Session you can see just that sort of second Second leg just up here here and you're just okay, you know, what if you're not if I if I'm not out by here I'm just failing myself I mean it gave you a secondary entry gave you an exit and just Third hit came along And people expecting price to break out. You can see that by that wick here I can almost guaranteed if I go into book map, I can see a large green dot or see some Level of buys here as people broke broke out bought and then Just denied it so, I mean It is what it is that then they were just looking for Price sort of peel away. It's it's it's nothing to be sad about. You can still get money is still to be made in shorts Just don't be scared. Just press that red button evil Let me hear the different view wise. I mean new york's opening in very soon And 10 10 o'clock hits when soon as 10 o'clock hits we're sort of looking at that I'm going tasty But it's just been bouncing from the high and mid if it closes the previous day is low I mean, you should close that candle. It's just coincidence at these points I think sort of too interesting now to say I mean, unless you guys want something else charted. Oh, yeah, might as well do the theorem There we go. There's the theorem Just been boring as ever just been collecting volume at the same places just been As you can see there you go. There was that large volume fight. You can see how it comes down Uh to this area take sell stops. Uh, I mean very little stops were there I just ultimately collect short at the same position that it did prior on this sort of on this sort of swing You can see that that's where the volume was that's where you get And considering we had the trade volume at the same place you can see that as a support Now we've got sort of another sort of daily resistance just a bit higher at sort of a 12 just under 1200 But it's where it is right now. It's just 1260 just and I have having volume just under it just pinned up high just see if you can catch anything else within Reason keeping this area trapped for the time being Oh, I mean ideally it wants to go down And who am I to Oh, no That's the man Are you having a laugh? There we go. I thought it was there for a second There we go. It's 1193 for a theorem That's all the way down there. I mean we do have a sort of prior levels. There's the top of that area here I mean levels are the levels. There's just no use arguing with them I mean we have these points for a reason We'll remove this Give it. I mean No need to remove it. I mean it's just These are your actual what levels everything else is just common sense like grabbing tops as as sort of points to sort of look at Which it did initially we'll see if that ends up failing And it just ends up with bitcoin just slowly coming back down First level we're looking for was 1213 then again That 1193 Worse or best case depending on again which side of the market you're on If you're an enemy to the cause They've got slowly making that kind of close out We'll see what's leading that Very sort of low volume wise. I mean relatively sort of this area here This delta just sort of people are getting scared as you can see Hits into that and peels away You see that the reasoning for hanging around and creating that doji Pushed down this wall coming down. So now we sort of say, okay You know what not really a long continuous strand and a reference point at this point now It's just in brand new wall that we look for And then you can see that probably be active and push up and below again Now the current goal is probably to defend these longs At present here Small break here Next break is here. So again, just trying to defend these clusters If we defend these clusters as we come into and reject them That just tells you that they want to continue going down They want to either try add longs where they can but ultimately They want to be more long so they can liquidate them at a later date and hit lower prices Simple as that nothing really too Yeah, nothing more to add I mean weekly resistance for a ux or gold It's all the way down to sort of this hour like very finicky point there It's just that open from that new. I mean, yes new open. I guess Yeah, it would be Just comes back you open tags that Now it's tagging this we want to see if this leads into I mean considering prices continue to go down on the equity on the equity side I doubt it will continue to go down or reject off this will see might see that extend back up We'll see if that slowly creeps away just above here But nothing sort of too major nothing sort of too I miss I miss bigger moves I Assess expired it's it's now. I mean spicy will post it for you. He needs That was sort of a joke one that we did for a bit of fun Again, that's where your volume area is concentrated. So If we expect, uh, I mean it could it could end up moving parity with equities as people are scared But generally you're looking at this and saying Consuming everything else in the environment where we want everything else to go down So therefore people will need to be rushing into something Gold's usually a safe bet especially, uh, so you sort of, uh Faders So they'll sort of say, okay, let's rush to gold. It's it's it's been trending It's been in the uptrend So we we want to capture that uptrend. Uh, so that's what most likely will Be happen Let's say I'll be like, oh, yeah, let's let's buy this. Oh my god It's gonna be great But never is for them Again, just now or less. We're still waiting on that Uh, PMI data Enough of the PMI you're waiting on this Not to listen to them just for the time Again time is a very fun element to play with. It's super easy to do requires no no effort requires no thoughtful All it requires is Just do the opposite Anything else you guys want me to look out for you guys while i'm here any crack coins any altcoin Singler kick Yes a singular click indeed Uh any sort of stocks any sort of uh anything really man, you know, you know i'm game Oh Jesus a large sort of volume Massive surge of buys. Bloody hell wouldn't that come in? Uh, see this is what Ah man Oh, that's a large delta Uh, see 1400 on the dot 1400. Ah man just Yeah, a surge of volumes coming in people instantly trying to Fort this but Okay, it must have been like a hit on the volume side Okay, there we go. It didn't normalize that uh Must have been a graphical error Yeah interesting For as I say where did that come from? Uh Instant thick wall so again same thing this peeled away Same reinforcement of this wall. Maybe you come back to it. Maybe you don't Maybe you see some mixes inside but ultimately looking for to put down Every time you see this book my thing. Okay confused It's it's not It's just colorful lines. Uh It is the easiest way to explain book uh book map But actually I need to pull up another software for that It's been a while since we pulled up attas Again, attas is completely free for crypto highly recommend it You haven't used to see me use it as much because I'm lazy But if you want if you want to get some extra help you need you see some things that you potentially Might not able to see either due to lack of experience or just Because Definitely would help Uh, what I need is a smart term There we go. All book map is is uh this but Overlaid so It's just a change uh in your depth of market So let's say if someone enters a bid at two uh one three They enter this bid it'll leave a mark mark down for you and say okay at this time someone entered this If they add to it it'll add and have a gradient color And if they take away same thing on the other side, they'll have a wall there and if people add to it it gets harder Yeah, it gets sort of more and more and same thing here Like it's just like it'll just show you where the bids are and how long they've been active for And uh and so on that's all it is As well as doing that it also shows you uh It also shows you market buys and market sells so he shows you these numbers So you see how people are buying as the pressing market buy so they're buying into these walls Because the only way to move a market is by pressing a market buy or market sell Otherwise price if everyone Put in limit bids price will remain stagnant Because there is no one willing to buy at the market price So therefore price cannot be moved So it just has this asking bid sides of what people are willing to buy and sell in the uh in the in the future And as well as what are what are people buying and selling at the current point and just represents it as colorful circles so Here we are There we go these again market buy hits into Sort of these walls here. You can see this gradient is relative to This of what's previously shown or what's shown entirely on the chart Currently and it will just stick on a gradient. Okay the lowest Like imagines you're buying like the lowest bid is say, uh Like it is two or three or whatever 23 and then the highest bid is like 10k or 100 or or a thousand Whatever maybe then it will stick these as as like, okay Your color map starts from a light blue or non-existent all the way to a dark red and your dark red will be here Everything's just spot on a scale so you can visualize it without having to rely on being able to read numbers very quickly It's just uses colors In this Like as you can see I didn't removed here. So you get to see How traders are moving around their bed and which side they end up moving into January is uh pretty sort of uh decent and again This is your depth of market just represent or current order book however you want to say it So this is where the current market is at right Is right now And this is where it has been at that point at that section This is where it is was there and so on and so forth and it shows you Uh longer standing walls basically it just shows you what traders have been doing or uh How long something's been active for because Uh because you won't necessarily Know how long a bid's been here here Just looking at this you just say, okay cool. You just see a massive bid you say, okay There we go. We've got some pressure applied here If we hit into that we'll probably look for it to reverse Uh, I mean we can look at uh and maybe see where today's view app is as information, but Uh and the view app as the voting profile is and you can see that Point of Control is just hitting out into there And we've been moving pretty much everywhere currently but January just makes reading sort of uh depth of market a lot easier And that's pretty much book man. There's nothing confusing about it. I mean I think it does take some getting used to though Uh, but once you get used to uh once you get used to it, it's just not really too hard Any more questions? Okay, that's fine. As long as you get it You see it peeling away now It came back into here. It just peels away and and it's just like it just becomes soupy It just becomes easier to read We'll see if it just closes off this candle kisses it and she's back for the remainder of 30 minutes that he has I'm not 30 minutes an hour 45. I mean he's got a lot of time and it's it's You'll probably eat into this candle more than I'd like We'll see where maybe just comes into sort of In Just down into here just down into sort of 1600 700 I mean, that's a bit low, but that's what your short volume is you undercut all these sort of uh all the longs Maybe we'll treat them as support but generally you can see the CDs remain on the book So they're not removed, which is interesting Usually when price moves and stares this far away these are removed just for being uh Just so they're not just on the books just open I mean if you guys don't have any more pressing questions, I think I think I pretty I pretty much covered everything I wanted to do today Uh pretty easy day to sort of just say yeah wait on some things Get some numbers down Nothing sort of too outstanding or outlandish In heavy short on that bottom, but we already know that monthly wise, I mean We can see where the monthly's monthly levels have been I didn't Every short on this area here. So we see if they just collect On these sort of lows here and after that push back push back But in just collecting an insane amount of volume here just heavy sort of on that short Other than that, there's nothing really interesting on the monthly now current sort of uh TPO sort of uh value lows here Only control again just pulling off of that Yeah, we want to see that close somewhere around here. See if it does that See if it protects sort of these sort of uh heavy trap shorts keeps them underwater Chokes them out On that second swing on that final swing to the high here and after that Ultimately pushes down that's sort of the kind of day I want uh one hour of And just all dependent on what we get end up getting Was the xc. Yeah, sure Free extreme short. Yeah Nothing's changed too much Here you go. There's your coup coin There's your coup coin But again There's your exit And then you'd have been fine man. You got I mean you also exit liquidity on this day. You got it on the next I mean you got it on the next couple hours You're chilling man. Hopefully no one no one you didn't use anyone here Lower levels. I mean you have these lower levels, but again just at these tops really And next level down is uh 0.0643 At the four hour that close this entire sort of move off. It would be nice to see that I guess But considering this very sort of sharp turn Get into the sub absorption area. Maybe maybe swing's high Who knows if market if market corrects correct very aggressively Maybe bitcoin just dumps and all coins just saw Mashed by doubt it though looking at Ethereum though. Ethereum just What lurking man? What lurking? Yeah, just just needs needs needs to sort of retrace this step and after that There's more confidence inspired or needs to at least escape escape this level here So it needs to find its way above here before I feel any confidence That's only to really to here If it comes in here, I'm a bit more confident in saying there's your long I keep wishing for it to jump And it's taking forever I mean that that's how you know you're probably in the right side if you if it's if you're frustrated It's like I was taking this time man. Wow. What's it doing? Oh god damn But you because usually that's just that's just a strategy to wane out the impatient trader Takes the time as too many people on the right side. Let some of the people just take it early Uh, shorted the first top and the third sd not frustrated. Just yeah, I know it's just bored. I'm just like, oh, let me just get out It's just bloody boring It's like, oh Why am I still here? Like am I am I here just to suffer? Not moving ten hours not enough for me That's what that's that's what having good trades will do to you man he's shit moves on He's my french but won't do anything for you But I mean other than that, I think you guys should be pretty solid for today Nothing too sort of major As of yet, you guys know what times you're looking for if not trading economics.com forward slash calendar You have that just look at Ones in red fail that just look at ones where people are speaking or or something can be possibly said but Again, usually the times are 8 30 10 o'clock and 12 If there's any deviations there's deviations based off of where they speak But should be an interesting day, I think just because we have so many different different sets of news releases And with that I think I'll leave today off Yeah, does that make sense? Ah, it doesn't matter I've never made sense not to anybody Never have never will but that's all my time for today. Hopefully you guys got what you needed And I will see you guys Monday other than that have a lovely day folks and trade safe peace