 Okay, welcome everybody. So this is the Bookmap Academy meeting. We're going to go through and give some coaching and mentoring to the Academy members here And it's for giving feedback. It's all about Trying to help other traders become better via the bookmap Academy as a member. You're gonna get free add-ons and access to special exclusive products for free Get our feedback and ask questions. We open the mic as well So let's Screen just a minute. Okay. Now you guys should be able to see So yeah, I have something really exciting to go through here So just some house clean cleaning stuff and then we'll get right into it. All right So general disclosure all bookmap limited materials information and presentations are for educational purposes only and should not be considered Specific investment advice nor recommendations. First disclosure trading futures equities and digital currencies Involve substantial risk of loss and is not suitable for all investors fast performance is not necessarily indicative of future results so one thing I want to go through here is Is Pairing your your discord username with your book map comm email Here's why for example, I want to show you we're gonna give you access to a new Add-on I think you guys will be really excited about And we need this information So we want to provide this for you and get your feedback and know who we're dealing with So are you a bookmap subscriber? and we can help and Offer elevated services for okay, so access to beta programs is what I'm talking about here So anyway, you can use your phone and scan this and fill out the form if you like That would be great. It really helps us. All right, so let's jump in and Right off the bat what I want to go through is a new product that we have and You've actually been offering it to India subscribers for a bit, but we have a new version of it and it is available for beta All right, so this is it. It's footprint. We have a footprint chart in here and There are many configurations in here I just want to give you an overview quick overview. We'll go over more of it in a bit But we'll also also show you where you can sign up for this all you guys in the academy will get it So if you're interested All right, so anyway, there's a lot of configurations here. There's a lot of Delta Subchart configurations here as well So here we have it as a kind of mini profile and you can see the Delta on here But you can also look at you know the the histogram the by minus cell on each side here and with the Delta Like I said, there's all sorts of configurations in here, right? Let me just continue on through it. And so you guys get a few Just Whatever it is that you like we probably have it so It depends on You know what you're you're exactly looking for you'll have to play around with it One of the unique things in here with this that I'm really excited about is the way that this works with Overviewing on the chart here and That is these two in here so when you guys start to play around with this the vertical Smart scaling and the in the horizontal auto scaling check both of these boxes because check this out when you start to zoom in and out You'll note how when these start to overlap They will reconfigure And this will give you you know detailed information if you want it or bigger picture information when you zoom out It's a really a creative solution the programmers came up with and this is unique I haven't seen anything like this on other footprint charts before Also, look at all the Delta columns in here max Delta Delta Pullback Delta minimum Delta, you know You know bid ask volume, etc. You don't have to look at all of these you can go through here and Check what you want to show or don't want to to show right? So this will help limit it and You can really tailor what you're looking All right, so pretty exciting stuff and there's Yeah looking for your guys feedback. This is really what we want is What is it you're looking for and how might this help? All right, so Let me jump in and we've got a few coaches here To go through we have Jack who's who's back and Stan and Just I wanted to go through very quickly a few Just a couple shout outs here and then I'll turn it over to Jack trout Just wanted to show in here Really great work you're doing it's you're getting better and better more consistent And there's a pattern in here, but You know, you're really following something very specific which is fantastic This is you're developing your own strategy So you're looking at this double top in here. You see it also in your candlestick chart You saw not necessarily a book flip, but you definitely see high liquidity coming in on the offer here Look at the the volume up in here though This is something that I would you do say weak buyers up here, but also You know, I would note the distinction in here in Delta and also CVD It's something to consider because when you get a retest back up in here and it's making just a slightly lower high But you do not see the buy volume You see the CVD going down and You also see this this high liquidity coming in on the offer like this. This is looking really good. You noticed Most of that in here and then I love your profit taking down here high liquidity Right into this area in here and then you also talked about going through that's your take profit one and your take profit two It's going through the point of control, which is this yellow line here Okay, so you got your mean reversion trade, but you have a lot of nice confluences up in here for your setup So great great work there And then just wanted to mention in here. I saw a few of these This you're just doing it again and again Okay, here you do mention CVD. I don't really think there's so much Negative CVD in here. I don't really see the Divergence in here The other one I would I was curious to see it, but like, you know, here we're making lower highs in here We know that the CVD is likely going to be down just because of all of this buy volume in here And then you know some selling but just not enough buying in here So it's likely divergent anyway or not diversion but going down But we also have the order book here and then you start to see those sellers come in Take profit beautiful right in front of this high liquidity or at this high liquidity and then take profit to and again When you control so almost a duplicate of what you had before and look at all the selling coming in Right. So really nice You also have your Delta over here that you're looking at in your SVD chart here, but You know the session volume profile Delta So Yeah, really really nice stuff in here and you know, this is a pattern. It's starting to exist again and again Here's another one so Noticing it again and again and and in fact here you have your your kind of front running the Looking for maybe that point of control to drop Before your take profit So kind of interesting there. You're almost looking for that to drop So anyway, just wanted to show that and then Dnt matter also just wanted to kind of shout out here really beautiful work that you're doing Getting into like very specific things what you're looking for in here and really like the use of your Absorption Market polls. Hey, I think you're one of the only ones that I see Using this quite a bit and you're getting a lot out of it, which is really nice The one thing for both of you guys. I would love to see the trades on book map Use use the the trading functionality in book map in here Try to link your account up with your broker because This way we can give you much better feedback. We can see the take profits We can see you to take profits down or stop down Etc. How are you going to manage the trade and we can give a lot more feedback on that? so Trading from the bookmap chart is a real bonus So I would recommend for both of you to to look into that If you can and then one more here on Rob Rob, you're trying many things in here now. You're looking at a CVD and this is kind of like a homage to a crash f16 and you got your CVD and you got your market pulse and then You know just your testing things out and checking things out in here and worked out pretty nicely for it. It's like And then another one in here There's your flag or your continuation pattern in here. I just wanted to give some Comments on this got a lot of things on the chart in here so I'm a little afraid that you know, you're you're maybe getting overwhelmed or trying a lot of things And I would just suggest Try to keep it simple and try to keep it focused What is it you're looking for what starts to resonate with you? And and then mark those things up just take it one step at a time because It's overwhelming And I don't really know what else to say in here But you do recognize, you know, it's consolidation in this breakout and then pull back here. So Anyway Yeah, just one more on Rob and then we'll turn it over to Jack. It is on this one here And I made this comment before and Last week and I just wanted to follow up again on this That For taking a position in here There's just not enough to to really You know, we're looking backwards And to make a decision in here now you got in here and got out there and Yeah, I mean, I do see the the strong move here and all this back and forth in here, but It just seems more random to me That I don't really see anything in here that gives me a really solid feeling that this is gonna continue This maybe this by volume in here, but boy It could just turn right around and come right back down now You do have the order book on your side a bit and you are leaning on this in here But I would love to see something in here that just gives you a lot more to lean on It is this information here that will Make it a more likely outcome for this to happen here. So that would be my only comment on that and other not though Rob keep keep going great stuff and Love the work effort Let's turn it over to One more comment before turning it over Welcome David. We've got David Blake in here. He's part of the bookmap Academy from long ago and he's he's checking it out in here and David we can open the mic for you if you like if you have any kind of comments you'd like to make on some of these things as well and Maybe invite David in for some guest coaching next time. Alright, so let's let me stop sharing here or leave the stage and Give it turn it over to Jack All right, let's get this. Let's get this going here. So that should be active there for you Bruce Yep, looks good awesome, so Thanks for coming back, you know, it's been it's been rough. So I'm glad to be back I'm glad to see a lot of familiar names here It's really good to see people being consistent even in my absence So it's great to see that, you know, the community that we're trying to build here is really continuing That's something that Bruce and I were really adamant about trying to continue Utilizing stand slowdown. They've been great at, you know, kind of keeping that momentum going So it's really great to see the three traders. I've got today. The first one is Vinny V Vinny, this is The second time I've reviewed him. He's done a great job He posts most of his stuff over on Instagram and we could see it here and I'll kind of break into this a little bit And what we see here in Vinny First off is one of the most important thing here is he's got that strategy names when he comes back to this as a journal entry You know days weeks months years from now, he'll know what the strategy was He'll be able to kind of react back to that next in here. He's annotating, you know, his signal what he's looking for Then he's got that entry signal now if you're not using or your platform doesn't necessarily link to book map This is a great way to do it just signal where your entry is because this allows us to take a look at things And what we can see here is we can see he's kind of entering at the top of that previous high right there And he's looking to kind of continue on from that entry The other great The other great aspect there if he's showing that liquidity support that that passive liquidity in the order book And you can see that at four there And then you can kind of see as that price moves up exactly where he wants that Continued support gets even higher and he's got his upper-end target one location in there This is a great concept overall that lower level of passive liquidity One of the great reasons to look for that that he's notating here It's because it can act as kind of a supporting pressure if price kind of rejects because of a reduction in buyers That liquidity can kind of absorb price and give it a little bit of stability and a little bit of a bounce And that's exactly what you see here price kind of interacts right at about 540 here And you can see it kind of continue on higher now He adjusts his runner as he's moving through this trade, which is great to see he Moves his runner on his target to that upper-band of liquidity there and it does eventually reach that This is a great adjustment with his contracts letting his runners run letting him get more profit and reducing his Overall cost basis on the trade making sure you know, he's essentially going to be trade neutral at that point, right? Once you lock in that profit It's a lot less pressure off of you And if you're a new trader, this is an important concept to remember Taking a little bit of pressure off of you will allow you to let your runners move a little bit more Because one of the hardest things that a trader is going to gain With experience is When do I get out of a trade? What am I looking for when I get out of a trade and how to not paralyze yourself as you get that information? And this is a great example of how to kind of make those adjustments on the fly and how to kind of go over this The only overall concerns that I had on this is kind of lack of knowing his overall strategy here I don't necessarily know exactly why he decided to go along here I don't know how much the CVD signal impacts his overall trade thesis But that's that's obviously going to be different for every trader. I wouldn't necessarily enter a trade Specifically only on a change in CVD signal. I would look for a lot of other concepts there So I would maybe annotate some of those informations, but if you already have that kind of set up in your overall Trade style with this specific strategy name. I mean, that's totally fine, right? Like I do the same basic trades over and over again with my opening range trades So I don't necessarily annotate those every single time because it fits in the strategy name So kind of if that fits you Vinny That's kind of some of the information that I would look for if it doesn't really fit you and you've already Taking care of that. Don't worry about that Aside from that one of the other things that I would kind of look at is I'd look at maybe archiving these externally or in discord The reason being is with Instagram you can kind of see in this image. It's a little granular It's it's kind of it lost some of its fidelity and this is due to the compression of Instagram as a whole It looks great on mobile, which is what Instagram is mainly used on but on a web web platform It doesn't necessarily look as good again This is just kind of one of those like if you're going to save this image for a long time It's probably better overall to do that Because you get that full resolution, especially if you're using book map on, you know Resolution monitor or a 4k monitor or something like that. You'll have a lot more resolution in your image overall and you can zoom in on things That's kind of Let's open up the the mic. I don't know if I sorry guys I had to kind of blaze through some of my images, but let's open it's okay. I looked I don't see him in the chat Ah, okay. Yeah, I looked already. Yeah I do see my next trader though. He's that at the bottom down there JYF trader. He's actually the next guy who's got here I'll post this this entire notion so you guys can look at that and I'll be tagging all three traders afterwards JYF if you would like to talk We could go ahead and get him here Hey buddy. Okay, so this is probably one of my favorite Trades that I looked at over the course of today and I looked at probably 30 overall And it's my favorite for a couple of different reasons But there's also some some takeaways that I'd like to have here as well You can see here that it's posted on Twitter and it's a YouTube video. It's it's a 90 second YouTube video It's incredibly short. I'm not gonna play it here. I'll link it in again in the image and everything else but I took a couple of quick screenshots out of it and What we could see with this trade here in this image We could see that he's his target his first target is going to be that previous swing high My pin is not working for some reason, but it's over there on the left. It's pretty obvious there It's that previous swing high and that's where his target is and essentially what he's looking for It's a rejection of this under liquidity this lower liquidity down here And you can see where he's got a stop down here at the bottom of the image and they're below That I be high target level and we know that it's the I be high because he ends up showing it showing us this information in the video Again, I'm not really gonna go over that in the video here And you can see that he actually gets the move that he wants just like he wants and you can see that he He got one of his targets and you can see the continuation and he's looking to take profit just before the next level of liquidity as well I really urge Traders to go and look at this image if you would like to produce the content for a video platform Whether it's Twitter or YouTube. I really urge you to take a look at this one the reason being is Because this particular video has done something that I don't think a lot do one it has incredible pacing It keeps you engaged it as it's moving. You can see the fly-in of the text. You can see the other things now One of the problems with this is though. It's just the video So from a journaling perspective for newer traders specifically if you're archiving things and you want to use your information going backwards I recommend Making sure you take an overview image of your of the overall trade what you did or what your overall picture was Still having your same annotations in there and making sure you save those and that that's kind of my my critique here It's literally just that and if JYF if you want you can actually just attach this to the last few frames of your of your YouTube videos so people can see the overall picture as well But that's not necessarily needed as long as you have it for your purposes later on But yeah, I'd really like to hear how you like creating that content because I really want people to see that And I'm gonna specifically link the YouTube video while you're if you have something to say You'd like to say something. Can you hear me buddy? He's in there, but his mic is muted He was on and spoke last time That's his mic's muted though, so There he is. Oh, sorry. Hey, yeah, yeah, how you doing man? All right. Yeah, so, um, a lot of the comments that you made You know based upon the journaling aspect of it You know I totally agreed with you and the thing is that's something actually I've been you know trying to you know implement in like, you know future versions and so You know Basically when I started doing this I realized when I was doing everybody else is doing laying it out kind of you know marking stuff out and One of the things I found was is that I needed more of a linear approach Basically to you know go from you know where I started to where I end and even then some of the stuff that and ideas that I've had been developing um have actually Added more of that and so one of the things too is I've realized I still can condense that into basically Just a minute, but what I'll do now is just that I'll have that you know Just a quick screenshot of a lot of different, you know Progression and that way basically you just pause the video look at it and then move on to the next step from from there on Um, but yeah, that's kind of what I was thinking you were doing exactly Yeah, I was I was kind of like in tune with what you were doing with your video I watched I watched all the ones that you had there listed so I kind of I was seeing your transitions as you were going so I Kind of gathered that that's kind of why I mentioned it So when you look at the comments, you're gonna see exactly that basically yeah, and it's and it's one of those things too Is this like you know some of the time, you know, I'll start making those and it gets to a point where it's like Okay, I keep adding adding and then you know Gotta end it at some point It's gonna inflate the video and that's what we've seen so often with people who have done video content so far Is that it it inflates it bloats itself so much? And that's one of the reasons why I wanted to highlight really right off the bat that I liked this Because of the pace of the video how good it was to go through and all of the little bits of content that you get in there I think that it was great overall so Another thing that I wanted to shout out and I didn't do this in the actual notes We see a lot of people with trailing stops One of the things I liked about this particular image that a screenshot of this reason why a screenshot of this image What you see your stop here in this in this image here you don't move it up after you get the move there and I think that that's great because Too often we trail our stops too closely You clearly get a very good swing low where you have your stop at and you're just below that with one tick a Lot of people they would see that very next bubble and maybe consider that a swing low and move their stop up again And they would get trailed out, but that previous stop that they had would have been worked Totally fine, and they would have got the continuation. They need it. You'll let the trade breathe a little bit. I really really like that concept And I really wanted to highlight that as well. That's that's really good intuition To not move your trailing stop up too fast. You're already positive on the trade. Let the trade breathe a little bit If you're good with that profit there, let it run, right? That's what a runner's for so But yeah, man, I really really liked the pace of the video I know I've said that a few times now if you are done with the bookmap academy later today go watch the video It's 57 seconds worth your time. I promise guys. It's a great way to do the video content Do you have any other comments buddy or Bruce go ahead? Yeah, I have a comment at JYF If you could just comment a little bit on the trade management. I'd love to hear it Yeah, so that's that's a good point is you know a lot of times what I'm looking for like this this right here is you know, I mean This was you know a trending yet move, you know And then was pulling back into obviously a lot of liquidity and so Generally a trade like this I anywhere else I really wouldn't want to be you know putting on without like a definitive breakout and I this this was kind of kind of trailing into it for a while and So but thing is that I figured the risk reward, you know to take on a trade like this makes sense because you know Um, especially where it was it was like, you know two points and then where I was shooting for I believe was like You know like five or ten and then the other one was you know I mean and then what it is too is this again once you get into the trade then I'm looking, you know at book map to see You know to see exactly, you know what the order flows, you know telling me and well this particular woman Just kind of watch it. I mean just keeps going up and it actually doesn't you know dramatically pull back And it was you know just actually it was just being good, you know, I guess I would say that Because you know a lot of times sometimes you just get if you are putting You know, you know stops in certain areas you just get you can get stopped out pretty easily But this allowed you just would like, you know two lots just continue, you know to let it to let it ride up Yeah, I was it was great. I think you got five and a half points. I if I remember correctly on the on the initial there This is a this is a it's kind of a really common trade It's kind of a break and retest of like a like an IVH and looking for an IVH continuation That's kind of what a trader HE would look for and then you're looking for you know an IVH extension That's kind of more commonly what somebody some of the other guys would look at I I know exactly what you mean by looking for that that kind of breakout though Where if you'd already breach the high continue on yeah, and it's all about the risk reward I mean one of the things I've been constantly doing is is calculating out exactly where if I'm gonna take two And then sometimes I'll just take one if I'm gonna take two then I got to make sure that you know It makes sense because I don't want to be you know basically going up You know two points taking one and then just having to come back down where in the end It's like I'm risking you know a total of you know four points, you know just to make you know You know two a lot of times or I want to make sure that that second entries actually got a target that that makes some sort of sense if you know what I mean exactly and this was this was really solid because Like you like I said you got that IV high there, but you've got so much liquidity and I mentioned that in your note There you've got so much resting liquidity in the order book there to provide that kind of cushion to absorb price when you get that continuation This this is a great trade Overall, I really enjoyed it really enjoyed the video I think there's a second trade in that video as well, or I think it's the continuation of this one really But yeah, this this is great. Do you have anything else Bruce or J. Y. F? Good All right, so the next one is the first trade of VAK 412 he He's looking at a little bit of a correlation here between the two and it's It's a side-by-side setup now. There's nothing wrong with this This is great if you have the screen real estate a lot of people don't necessarily have the screen real estate So just kind of be aware of that now one of the great things that I like about this is he notates similar structures between the two instruments and I really think that that's kind of fantastic here because He's looking at and you see that at five and six here You could see that he's got that passive liquidity in both books now generally what happens here is that? Market makers have some correlation between both of the instruments because of the exposure of the underlying assets, you know Apple Tesla they're in the S&P as well as an in queue right so you're gonna get that kind of similar structure there So a lot of volume might be coming from in queue, but it's going to affect the yes market So that's kind of a great thing here Obviously at three and four at the top of the image here. You can see that he's annotating You know, I'm looking at the MQ chart here, and I'm looking at the yes chart there And then obviously the staple is you know, what is your strategy? What are you looking at here? And this is PB long that's the name of the strategy He's looking for a buying volume market pressure VPI strike and a liquidity zone giving him that rebounding kind of pressure So you can really see the trade criteria here, which is something that I mentioned that Vinny We don't necessarily see earlier, right? We don't necessarily know that now Vinny might have that information already And that might be good for him But if you don't know or if you don't have that information putting it on your on your image is great You can see that that way you can remember back weeks days months from now How these things work and you can see what he's looking for in his targets here So these are really great concepts and you can really see his market pressure Spike that he's looking for and he gets kind of exactly the right move that he's looking for Even with those things though, there's there's a couple things that kind of take away from this While you can see the correlation You might not know but you can actually track the correlation of the two markets in one with the correlation track You might not know that so if you trade in Q you might want to add the ES correlation You can still have them side-by-side to get that actual like granular view that you see But it might give you a little bit more of that correlation image there It's it's one of the add-ons that you should be able to use Aside from that I'd like to see really kind of a concrete annotation of Where your entry and exits are what we can see that your targets are those targets But even if you're simulating even if you're you're just kind of going with the flow and just kind of like Oh, I would enter here just mark down where you're thinking you would enter right that way when you come back to this image You know what you're looking for you can see that stuff because that's that's really important now Those things we see as we kind of iterate through the process a little bit, but this is a first try at this this is the first piece of content that Vac 4-1-12 has put together so this is great overall. This is really good to see I'd like to see some of his you know, does he use higher time frame things we can see is notating liquidity levels in the cloud notes, but Shark blue it's called correlation tracker. I'll link it to you We could see an annotating in the cloud notes that there's large liquidity at those levels But are you using anything else? You know kind of where else are you going from but again first image? This is really really great job overall. I really want to see you kind of iterate on this process and continue going Vac 4-1-2. So if you have questions by all means reach out to us, I'll be tagging you in the In the bookmap Academy channel to let you know that we've covered this. I don't see you in the chat currently So Bruce you have any comments on this because this is the last trade I have for the day No, no, not really open the mic He's not here. I looked ah, okay Not not really. I mean, oh, there's just one thing it is the There's the functionality the linking the charts a tool there Yeah, what is it called? Correlation tracker. No, no, it's To the left of on the toolbar there. It's like one two. Oh, yeah You can you can link the Icon link. Yeah together and like So when you move on one chart, it will make the same Spacing on the other chart. Yeah, you know a great way across all charts So if you have like multiple monitors and you're focused on the ES I want to see how Microsoft or Apple or whatever is working then you can do that So I I use it often on my equities because that becomes a big deal. Yeah, and Yeah, it's a great. It's a great feature and we don't cover it very often Yeah, it's that and then the correlation tracker. I know you use that a lot. I Do use it a lot. I love I love myself some in QES correlation So and obviously you can see in my chart. I have all the different major mag sevens up there Along with Eli Lilly, which I've been trading a lot lately But that was that was it for the three traders VAC really great first entry veni great to see you continuing on and jyf Really nailing it with the the short form videos. So Um, I had three great three great guys this week. So Thanks for making life easy for me. I really appreciate it guys Okay, um, let's see David, uh, if you have any comments any time you want to jump in feel free Also, uh, slow down if you have any comments or stand Uh, just feel free. Um, uh, slow down. We give you a break Thanks for all of the uh, the efforts in uh, uh recent weeks here So, uh, we'd uh, you have you're you're on vacation Today, um, but uh, hiatus. Yeah, thank you for all the uh for all the uh For those that don't know David is a very active bookmap trader. He's very active in spot game at this court as well He's a great guy. He consistently does a lot of really great trades. So there he is Yeah, yeah, I found so it's great to to come along today. Uh, look forward to coming along more frequently As as bruce said we we go back many years bruce, don't we since yeah Yeah I think we've probably first started chatting about 2020 or something like that or when you gave me a call on the phone Uh, it's great to see these posts. Uh, I echo really what's been been said the very much the correlation Those that have seen my trades where it's in the spot game. I've just called or elsewhere Uh, a huge fan of looking what's going on, whether it's in es and then comparing that as as jack has said Whether to go any of the individual stocks within mag seven mag three Whichever we want to say but even if you haven't got access to those just looking at nq if you look back to some of the stuff that I Webby said it with bruce many years ago. I was looking at nq Pretty much like we've got here looking side to side And seeing where one is kicking along another thing that I I would add him with some of these comments is As well as looking at charts. I I really focus on the time of day So whether it's the opening bell in london opening bell in new york When chicago's opening with oil and gold and so forth Newsprints so often when you get these moves not always but often when you get these spikes these Volatility scooting around on the charts that's driven by you know a reaction to something whether it's fake or real I don't really mind but so sometimes if you're capturing that it's you know Inflation numbers that come out it might be nfp It can be anything and I'm putting that into your content give some some narrative I mean bruce you probably recall many years ago when we used to do a lot of posts on twitter Sort of copy and scots, you know stops go in one way and icebergs go in the other Those are really effective At a particular time of day and very much when news came out you've seen it just here on the closing bell On es it's scooted up five six points. You got icebergs going one way stops being going the other And that would have been a simple fade the spike into the close So put in that timing. I'm rambling here bruce. Sorry And kind of going along with that timing though a lot of times, you know You'll hear about the kind of lunchtime lull where volume is not nearly there People don't realize that that correlates to london closing also like london trails off And we lose that volume so us volume doesn't pick up until you know another hour or two later So all of these different timelines kind of line up throughout the day and like you said It's it's incredibly important to kind of keep your head on a swivel It is not very much bruce you're again I don't keep saying the same line you'll recall when on those those weekly sessions We used to have them and I'll be chipping into you about London close coming up and it can be a really good 180 where so you've had a you've had a rally up London looks to close and that's 4 30 p.m. UK time 11 30 New York time So if if those day traders institutional day traders have been making money that they'll typically be closing up And that's going to move the market backwards before it usually then continues and as jack has said Another good trade for me is looking at that 230 new york time people are coming back from lunch Some of the algos old school have been turned off So the real traders then back at their desks and that can then be in that final sort of push into that final frame of the day So picking up some of those into some of the posts can I certainly for my end can be very helpful? Yeah Clearly agree. Excellent. Excellent. Um, well, I'll I'll jump off the stage here and I will let I believe stands up next Stand is up. Uh, and dan if you if you could um, uh, it looks like the link I posted, uh Oh, it looks like you accessibility to the uh footprint chart for so at Stan let's get stan Hey, hey stan, how are you? So, uh, actually, uh, that's right. I'm gonna share screen So, okay, can you guys see? Yes, sir. Okay. Yeah, I can see So, yeah, today I will start with shot blue So he's posting a lot this time and he's very consistent and looking at the same and adding like kind of morning meetings like what he's looking for On his different interest point So first he made description about, um, what was happening news Uh, today's or everything others what can give him like, uh, better context about where he will Try to enter in Uh, then yeah, let me know if we're to to go uh guide me along. Oh, yeah. Yeah. Yeah. Yeah, perfect. So yeah The description is above Yeah, exactly. So it's all the description and he is looking for And then conferences. So I don't know if It's like your checklist or just what you are identifying. Uh, in your slides Let's uh, let's invite him up on the stage here Hey guys. Yeah Yeah So, yeah, I'm very great. Like you are money meeting um, and then For your conference, then you were highlighting. I don't know if it's your checklist or just what you We are looking in this slide But uh, overall like for all your trades look like kind of a checklist Yeah, I look at the same things every day Yeah, but that's that's really perfect Right. So you can go over the first, uh, graphic Yeah, perfect. So, yeah, I I add a few things like, uh, I took both of your images And uh, I'm just highlight what I would, uh, maybe, uh, What would be great to add on book map and ready see, uh What how how we can really Give you this confidence when you are entering in the trade Like, uh, for example, uh, so you are waiting for a break of the trend line And then you're one two three setups to enter And we can clearly like recognize those short liquidity short term liquidity Uh in the blue rectangle Plus like your relative volume and your dots like clearly want to To push the price. I don't know if you took some of over 50 At this time That would be in the in the other screenshot where the where the trade Yeah Yeah, exactly like, yeah This trade I didn't actually take this was just me analyzing the price action in hindsight As I'm uh, I'm a top picker in recovery And so a trade like this Um, I'm looking to find a counter trend reversal to get in alignment With the higher time frame trend Yeah, and uh, and really it's perfect But uh, I was just like, uh, um, yeah Saying about maybe highlighting more doos, short term liquidity Uh And Yeah, so I put the blue rectangle on the the order images To really see like how book map is helpful and What you can't see in just A bar chart Yeah, absolutely stan. I mean, uh, you always point this out Time and again, and it's just yeah, it's such a good reminder. I mean guys it You could you don't even have to look at volume. You could just look at this how it affected price Now is that important so uh, yeah adding this into your this is part of the the setup in the converse, uh, this will This will add an edge Absolutely Yeah, and plus then break your imbalance With uh, yeah rough So a steep move and you could like maybe potentially look for a Black pattern to maybe enter back Like I know like in your previous, uh the trade you were Uh, you took like a three-point scale Yes, three three three points after the entry to scale out Yeah, and then I look at the then I look at the trend line pivot itself And either cover the full position there or or look to leave something on Yeah, perfect. Yeah, just you you are doing a great job pretty Thank you. I appreciate that Yeah, I I have to make a comment here. I really like this going from this image and then looking over at book map And you know your one two three pattern over here, but like uh, and then the the continuation break through bounce off of it and continuation and then You know what you got here? is uh Like stan was pointing You know you got all of this here on your side You identify the the volume in here. Um, you got your migration to the c and And then it it trades through it bounces back off of it Yeah, really really nice Anything else stan No, no for me. It's perfect. Just keep posting Shark blue. Do you have any any any more comments on that? All right, thank you guys so much for your insight. I really appreciate it. I you know, I was kind of all over the place Uh looking at too many things and and since since you know joining the junior academy I've really tried to just focus putting Putting my my what I call my my macro thesis and my micro thesis together and just just focus on one thing And it is it is helping Yeah, I mean Yeah, that's is fantastic to hear uh and uh identifying these things Uh, and then um looking at your bigger picture as well Yeah, I would also like it whenever you feel comfortable, uh, shark blue, but um To see trades on book map too like where Your entry was and uh You know, you can you can also you guys I just want to reiterate about the um trade management because we're going to cover more and more about that uh and You know showing your uh your brackets uh and your move One of the nice things in book map is you can't escape it Any movement or any uh change that you make to your trade management will be captured Uh on in time. So you will see it when you did your stop or your whatever it is. Uh, so That's a great, uh coaching tool For yourself or debrief That sounds really beneficial to look at in hindsight Yeah, yeah, absolutely So, uh, uh, if anyone else have any comments, uh, David jack Slowdown or anybody I like the bully in there bruce. That's uh, again an old phrase we used to use the price getting bullied up there on On the heat map. I also like the filtered heat map if i'm correct on that That's something I used myself as well. It just sort of helps declutter Uh the information out there that we're looking at and also as a Uh as a post as well and sort of I don't exactly what my settings are currently on the change in sort of day to day But that that's a nice way of showing that the other thing that I like to get apology As I keep saying about me the other thing I like to keep an eye on particularly on that sort of breakout going up Is I do use the time and sales whether that's on book map or on another app Uh because that to me can really show the pace if you've got the speed and Jack talked about that a little bit on on the video Posting when the price is we all know what what it's like when the price is moving, you know To the floor sort of thing looking at a time and sales Uh and seeing what's coming through and whether you seem more green or more red when that price is going vertical And you've got that bullying of the price up Then is the time to be really spanking on in this case on the bid and scaling in hard Knowing that it's a lower risk trade And would you be looking for the tape to speed up at that moment you're saying bullying very much? Yeah, I I run my I've got on my time of sales. I run it on ninja And I've got the the first column filters Prades of anything above 20 lot contracts And then the next one either run at 50 contracts or 60 contracts The other one I've been using on book map is the the large trade or alert And I think I've got that set at a moment on 100 for es So these things are all confluence. You're right. You do see the the tape moving quickly But as as it's filtered it's not moving as quickly as unfiltered obviously so where and and the phrase I use I I talk about Cindy Crawford. So if I'm seeing lots of red Going through then that's good. I like I prefer to sell them by for see lots of green that I'm buying It's all it's coming together as well as seeing that pace tick charts are great for that as well Those that've seen my person a big fan of tick charts and I run that fairly fast Whether it's 210 tick or three three hundred. I love seeing those candle charts. You've got there I do like candle charts and I've been posting quite a lot lately of a 32nd chart as well as everything else I've got going on But I do like candles. Yeah Also the opposite so if you've got a big move like that and then the tape's just kind of not doing anything The pace of the tape is just kind of you know stall essentially That matters just as much as if it continues, right? And then maybe you want to be looking to take profit or or moving your your take profits higher So that you know, maybe you get trailed out, but you still allow that potential runners So when you're looking at pace of tape, it works both ways, right? You're looking at speed and you're looking at you know, okay Well, maybe we don't have as much speed because sometimes you'll get a rejection. So it depends on the context blue Very true And if you mix that in then with the the volume bars at the bottom of the chart whether it's on bookmap or From my other platform ninja as as jack is just saying way you've got to fake out the prices going up It's not supported by volume. It's not actually supported by any bid and the tape's not going the other way Then for me and then looking okay, when's this going to start to fade back down And you can see this also in the Market pulse add-ons as well with the volume pressure You can see the volume pressure if it starts, you know peaking back to zero after a really harsh buy Then that kind of gives you that piece of tape feeling as well So it depends on which which strategy you're going to use but yeah, there's absolutely nothing wrong Time and sales is huge. I use it for options trading which It's not, you know, it's super massive there It is yeah, and I'm I'm gonna sort of uh the smurch Scott here a bit because I apologize. I've not listened to scott for a little while on his webbies But I often felt he was always bashing time and sales sort of like it wasn't it wasn't so much a useful tool anymore He might say something differently if he was on this call with us, but uh, yeah, I'm a big fan of time and sales Yeah, I don't remember if he uses it much anymore I know that he still relies heavily on his stops and iceberg strategies, which I mean hey, he's working great on himself Guys, let's let's move on. Uh, you know, we're almost coming up on the hour here and we got a few more that Want to go over And stan has given feedback on Um, just one one thing to mention on the on the pace of tape We will be coming out with a new market pulse tool as well. So you're going to see your volume pressure and your pace of tape You know that that will um I'm very curious. I haven't played around with it, but I think this will uh, allow you to even like Not have to do all that filtering Uh, uh, we'll see. Uh, you can open up multiple pace of tape market pulse tools as well. So Um, you start to see that paying and uh, maybe that's uh more than enough. We'll see Yeah, I just wanted to let you know about that. Um, all right. So let's move on to mcloco Uh, yeah so, yeah Secondly, we'll have so mcloco. So overall, that's a good analyze. You can uh, yeah directly go on the on the graph um He yeah, he didn't say that much ago like, uh, I don't know if he's here or not Uh, but sometimes you have just simplicity. It's uh, it's good too but um It would be great overall I I say the same but Highlighting the behavior of the market like, uh, how Like for example, those bubbles are changing or Like he yeah, so the the exhaustion on the top previous high where bias get absorbed and More things on uh It's a beauty. I mean it's walking. That's good Yeah, sorry stan. You you were cutting out a bit Oh, uh, okay. So yeah, actually he just put uh price divergence and uh no bias interest at would And then I put a blue rectangle for your shot liquidity and Red circle for uh behavior of the market how it changed and how it could take advantage of it Stan, where would you be looking for uh entry? So Where we So There is no buyer interest. We got like a first tip move to the downside here Yeah, exactly plus so then exhaustion And uh after that for yeah, very low conviction. Yeah from bias then sellers came back So you are moving in here? Yeah smooth nice I um, I I think that's really uh great. Um still I'm I'm sorry stan. I I I'm I'm interrupting you No, no, no, but I you're cutting out and I'm I'm not sure if I'm If you stopped or not um just a few things like I I think um Really nice feedback there high liquidity high liquidity, uh Conviction on the upside but exhaustion here and then look at the flip like you had uh illustrated here buyers sellers And you got your divergence as well in cvd. Uh, so Just really simple taking the advantage of what you're looking Yeah, um, yeah very very simple, but really really effective uh And uh, and then especially even you can even see the move through Here, uh your point of control way back down a point of control. This is kind of looks like it's um I'm not sure what time frame you're on Boko, I don't know if you're in here if you are raise your hand and we can make But uh, uh Anyway, uh, yeah nice very nice follow-through to the downside, uh, and then Target your high liquidity. They look pretty pretty eager to buy them down there Stan anything else in No, just yeah, I think we can add maybe more annotation And give us more explanation Yeah, yeah, also trade management, I think Yeah see Yeah, exactly way way too part of this trade Okay, uh, let's uh, if you're if that's it and we'll move on Yeah, that's good. So next one it's it's uh, c is our l So yeah overall great trade, uh, you are always looking at your pivot point Uh, so you as we can see uh on the images Yeah, exactly on the top right. So he made like, uh His speed the people and uh, how we open Where he took part and where he took his profit Uh So he clearly recognized like the short term liquidity the behavior of the market by uh, CVD of vpi It would be just great to tell us more about the volume dots or the relative volume But yeah, again keep posting It seems like you are doing Every time the same so Hey stan, thanks Yeah, um Something i'm trying to be better at I think I mentioned last time it's nailing the open Um and not forcing it only taking it when it's there Uh, you know, there was lots of selling at the open in a breakdown range Thankfully, like when it just opens and dumps, you know, it's okay. I'm gonna miss that and I'm okay with it But this one gave me a nice consolidation Um, it also gave me a couple good points to add. I wish I would have taken it, but I don't think uh There was enough Indicators to add and like your guys feedback to see if you guys see anything that would have led you to add um And yeah, just having those nice big wide liquidity bands that we get at the open that I I consider them long term liquidity, right because they look so different from the uh From what we know a short term liquidity Uh, so seeing those like price will always gravitate to those to one side, right? So Yeah, and afterwards, you know after that second, uh, yellow square I have there We started seeing sellers be more aggressive step down and yeah, it was an easy hold to uh To my target. I one thing I'm trying with the cvd is also not just seeing where it is But seeing where it isn't right and not how High or how low it goes, but how high or low it doesn't go as well, right? We were barely getting any positive prints here. So that also helps me to hold Yeah, great great way to hold and hit your target I know you you were mentioning there kicking yourself last week about that Um, I'm curious uh since a lot of this liquidity is getting filled on the way down and it's also hitting your r5 here On your higher time frame. Did you see a bounce here at this point? Um, I don't believe so. No, no this one actually went all the way down Sorry, this was this is supposed to be s4 and s5 and it went all the way down s6 where it bounced from there That was the lower day tesla seems to be Really really respectful of the pivots out of all the stocks that I trade this one Whoever's trading it on big uses Pivots too. I imagine because it just too often how all the levels work on tesla Um, wow, that's great You know one of the comments I think I made before as well is like it just doesn't matter what kind of strategy you're trading It could be pivots. It could be um fibs. It could be In averages, whatever it is though line it up with but it e And you're you're likely going to see Enhanced uh trading tesla really respects the passive liquidity in the book. Um Along with those pivots that he's mentioning. It's very respectful and it's one of the highest optionable stocks in the entire Marketplace it is I think it is the highest by far Oh, yeah in terms of volume dollars and just uh actual contracts actual contracts trade. Yeah And it it is it's ridiculous and all of those liquidity are likely market makers at different areas having to you know cover or um Get longer short based on different positions. It's it's incredible how much volume it is Even though its margins continue to come down um Any any more uh, uh comments on this one Yeah for me, that's good Hey Yeah, good on to uh to allen uh wrap it up with uh with allen here So, yeah allen is uh, yeah Too like posting a lot for a long time So I think you exactly know what you are looking for and when you are entering So I can just say for me. Yeah, take advantage of uh highlighting the relative volume plus liquidity you can directly go in the images Uh So, yeah highlighting like the exhaustion uh when The red circle uh the middle of the graph Uh this this one here No, just on the left Ah this one here. Yeah, exactly like uh, yeah recognize like the exhaustion Plus your So the vpok migration And you directly Took the threat but just uh, yeah for me At compliances with the other flow Like uh, we can clearly see like bias stepping in with The relative volume going up Plus the liquidity that I highlight and then it Didn't look fake for me. Uh, the blue rectangle Uh, but yeah Keep doing And yeah, you took a nice profit So Yeah, I would just say yeah, maybe uh to to take the trade on the book map or to link your account as broad as broad site Let's uh So, uh Let's open the mic for for alan Yeah, because alan some interesting things here. I'd like to kind of see what you think. Yeah Yeah, yeah, so yeah the um like you got out up here, uh, and um Maybe maybe go through the the trade management a bit because Well, the main alan like just just like it's the vpok because you're you're trading a mean reversion And um, so this this is you know, you've got your um, uh You know your your um migration up and up into here Uh, and uh, yeah, just then you can walk us through that because uh, this is a little different I um, well the main thing of this trade I I remember being taught by you that when There's a shift in the poc up or down it. I mean here it's up but you know from there was it 570 600 so uh When I see a movie that much It doesn't always happen, you know, it it happens sometimes So when I saw move up and it was still going up I felt comfortable that The poc that the mail that's the main thing I was trying to point out in this trade is that The poc is uh The poc moving up or down as a confluence that you can use in in your trading, um which um And there was high liquidity, you know I I usually you know, I pointed out that I front run and I saw the I saw there was significant liquidity above it I covered it where it has gotten as soon as poc moved higher over there. Yeah so with the poc going higher and the momentum from market pulse and The speed of the tape you can see you can see behind how big the the green bubbles are So it was going the poc went up and it was going up a strength and there was liquidity and I uh The plan was to hold it to the where I got out now, you know the front run the The iceberg liquidity because I heard with those icebergs over there A 50 a 50 and 100 Everybody just get out to you know, take your money and run Yeah, nice nice. Yeah Ellen I like uh Really nice to hear the way that you're um looking for that and relying on that strength As well I mentioned uh, uh the volume so Yeah, you can see you can see on the bottom was just 1025 you see the To the right not to the right that one. Yeah, you see the volume increasing like at the same point Yeah, yeah, and I also use timing sales and david's Filters my my I don't know like a minimum 10 And the maximum I don't know 10,000 whatever whatever that maximum doesn't matter but um I think you know you see like Yeah 10 10 38 like those those are You see the buys 51 14 20 20 20 20 I'll tell me an iceberg going up in the middle so I try and look at that also at the same time but a bit that way One of the biggest helps is the market post this. I mean I have a going up. I have a bubble a bubble sound. So I know to stay One thing that helped me stay in the trade is, you know kind hearing um The sound that I selected for a the volume that's um bullish And once the stops they kind of bled you know I start to Decide if I want to get out or not because sometimes it still moves but not as strong but here, I mean here, I Use market pulse. I just don't know. I know I know I can take it as a screenshot But that that also is a confidence that I use Yeah, yeah um Yeah, and and again that fits the way that you're trading like you're looking for those green bubbles and and uh, and then you're getting the confirmation Yeah, it's just not there's some new versions. It was uh It was mainly the The PLC getting out of lifting. Maybe I can make it smaller. Maybe I could write a smaller next time sort of covering Some of the quick nice trade nice trade and I'm trying to speak And when uh, when it dips down you then got those higher lows coming off It's a it is a simple pattern and it's easy sort of to pick on some of the bubbles But as I say, you know what you're saying you whilst there's some thick You see red selling down. It doesn't take much green bubbles to be able to push the price back up so, um What was this trade? Well, uh food trails Put the blue box over that area. What was that about? liquidity target see what oh, yeah, yeah It was more but highlighting like short term liquidity that come but uh, yeah That's kind of it's kind of It's kind of it's kind of like low like blue Like I don't see that much liquidity Yeah Yeah, exactly. So you I was just looking for a bit of short term liquidity to help the price Going higher But uh, yeah, don't do that much nasdaq. So Yeah, I don't know which liquidity is really relevant Yeah, I mean yeah that I was just green time, you know sometimes you know sometimes I I understand how things are reacting and stuff. So by doing this it helps me to actually explain it Because I yeah, like nasdaq you expect You know Every action doesn't what's that? What's the saying? Every action is a reaction, you know, whatever right, I think um Like uh, you might want to play around with the trader map pro with a nasdaq, uh, allen because You know, you'll be able to filter for this this liquidity a lot better. I'll demo it tomorrow again in all markets And maybe if you are looking at mobius webinar He was covering uh nasdaq with You're saying uh Use trade map chrome filter for a larger effort Well, yeah, you see the the this lower um Or changing liquidity here, um In in this area here and also around here, you know, it it's blowing out the heat map because it's very high liquidity Uh, and what um stan had uh noted here in the blue rectangle It's going to show a lot better The trader map pro because this liquidity here that's just It you know as algos on either side here. It's kind of blowing out the heat Um, yeah, last night last noise, right? Yeah, we can filter we can filter those out and then this liquidity in here will show up a lot better And that matches your trade idea Yeah, we less less noise. You don't need like all these little bubbles the bigger bubbles I guess that fits with time in sales and we're hand in hand so Let's see, uh, any any other comments? No for me, it's perfect Okay, uh, all right great. Well, then, uh, I think that's everything guys. I you know, look, uh We're you know rotating if we didn't cover you. Um, I'm sorry. We will You know, we'd like to hand give the mic out I want to try to keep these short since we're doing them every week I don't want people to burn out, but I but I also Want to cover it for you guys, uh the um Uh One of the things like aj, um, you know, I don't know if you were here earlier and I wanted to show this footprint For you because uh, and I'm just curious about your feedback on the flip chart here. We're offering it in book map. Um, and You know, maybe uh, maybe we'll take a look next time on that Uh, and some of the other guys in here, uh, you know crash cmj The I mean, uh, some of the other guys in here rubicon trader Uh, steven, uh, we we get to you guys, uh, just, uh Uh, you can't cover you every time. That's all So, uh, thank you everybody. Thanks for for all the great effort. I I think it's I mean, I think it's it's demonstrating It's paying off. Uh You guys are improving and and it we're seeing some really good stuff Uh, and some consistency in here You're finding like the things that resonate with you and getting better and better at it So, uh, yeah, thank you. Uh, and don't forget like try out this footprint Chart see what you guys think you you guys as academy members get get the um access to this kind of stuff Uh, so so take advantage of it play around with things and maybe you'll find a new tool that uh may change Uh, keep the way you're trading but in a separate study look at some of these new tools as well Right, uh, any parting comments, uh, david or jack or anybody else stan Thank you bruce Thank you bruce. It's been a pleasure and uh, look forward to talking with traders next week Excellent excellent. All right. Thanks guys. Have a good, uh, day and we'll let we'll capture, uh We'll uh, we'll do it next time on uh on thursday. Okay. Excellent. Thank you. Thank you everyone. Cheers guys.