 Good morning traders. Good morning, everybody So today we had one of those days where everything that a pop failed starting from NQ I Would say this is the best alert that we gave this morning. So we gave a short entry just the top of this move and We got a short over here 14 794 Now the price is down over here 80 points. So some very good unwind So exactly over here 946 We went for NQ FFT short 14794 All right, so you can trade in Q or you can trade a Q's We had a good play on Tesla a couple of good plays on yes three good longs on pixie and This is the setup that we gave for a short. Let's look on the one-minute charge We gave the entry over here in 946 exactly on this bar And we were looking for these extremes over here. So we're looking for this major resistance 14796 and the support over here 14736 Once we saw that we started taking the trade So good morning. Good morning Tom a little code Derek Morning Jay Hope you had a good morning session was I would say a tough day Because in pre-market we had this range. Okay, and you can see over here that we had a top at 14 800 and then a bottom over here 14734 This is the plan that I gave in pre-market and we said let's look for a pattern to short Or a pattern too long So We're looking for this play or this play over here two major reversals Morning Greg or morning sale us Traders if you join over here right now We alerted all this we treated these setups at JTrader.co. We share it in the room put a like Subscribe also to book map and to the JTrader.co YouTube channel and support us. Thank you very much I'm gonna share a few things over here morning Maria so typically when I'm trading Futures or stocks I'm looking for two major plays One is the trend following so simply starting to see you know here lower highs lower low scenario. Okay And was in one instead is the reversal. So let's say we have a major support We're looking for our reversal play. So one is trend following One is mean reversal. We have two major plays. Okay first and Second one over here So this morning being we were in a range you can see over here. Okay 930 exactly at this point Okay, this point over here is 930 So being we were in the range was looking for extremes This was extreme and this was extreme this blue line And once we got this area You can see really the break of this So here what happened? We have the Longs right there are trapped So here is what we call a bull trap scenario and When I look at that When I look for those bull trap scenarios the first thing that I want to look for is looking for extremes and over here You can see NQ 943 extremes to trade Okay, 943 before this major dump I was saying to it here to be patience Okay, so I'm gonna put it here This is our plan we can cut all of this right now. Okay, this was our plan over here and we were Alerting 946 short NQ 14 794 Not a bad play traders right not a bad play So the trade exactly came over here Short want to write over here a few things to make in the stand why they do this Because long players Okay, we'll be trapped And we can write a few things about it tip When we have a range sideways action longs will be invited to Buy the break out and This is why I would say Usual technical analysis is bullshit It's bullshit. It's BS You need you don't need it. Okay the usual I Would say concepts manuals And studies you did over the years Are just the best traps Dead big hands like funds firms We say market makers. Okay using the logarithms use in order to trap In order to manipulate The price at their I would say Their pleasure in their favor and this is why technical analysis doesn't really work. Okay This is the reason why Technical analysis doesn't work. Is it clear? Questions. This is why technical analysis is just obsolete. Thank you writer like this Any question treaters on this? Hello, Dario Good morning. Tell us What I mean is that If you build a system that is I would say built only on On an air normal price action Okay, you're gonna get killed. There's no way you're gonna make money Breakouts breakdowns is just bullshit right now You need to wait Different parameters instead of a break away the break up pull back solid level with book map and then you take the trade On something like the futures, especially if you look at NQ CL Yes look for extreme to trade Okay, don't fight a trend. So not always me reversal will be Working, but when you have a range you have to look for those mean reversals levels. Okay Like if you look at this, this is the trade we alert. Okay, so I'm gonna put the trade exactly here 794 and I can share with you We share in the room some trades on NQ and the Q this morning so you can You're invited to join a Detroit co-community. This is a short over here If you look at this point, right, we have another key level of support You can see how we break down and then we start reclaiming I was not able to cover this Because we are looking for this unwind. This is another fake breakdown that reclaim of the scenario Okay, and now it's stuck in a range again. So if you actually Put attention right now We are in the same range of this morning nothing really changed, right? Nothing really changed Let's go back over here when I analyze a few things And then we're gonna look also dive into book map a little bit Pull up on 10. If you're over here, buddy Pull Check why I'm writing boiler You see that guys, so I'm talking for ATSA. I'm talking for medic They play exactly 10 20 Okay, when you see that This is our perfect reversal over here beautiful setup. I love this you can see bang But anyways, let's continue to cover. Why did you trade this morning? We traded six things We had seven trades more or less one was a stop and Six were wins. It was a very good profitable morning. There's a trader right here that sends me his executions But I think he did very good this morning performing So this is a future trader. So we'll down over here. So let's see what you traded So Mark saying he traded Tesla. Of course, he trades always Tesla. I know Some traders took a pizzzy. I'm reading some DMs over here This morning we had pixie. Okay Some traders took Femi a little bit on wine, but still not that much Trader took Tesla I'll try to tell me anticipation Tesla All right, so I think we can start with Tesla over here. Okay traders. So let's look at Tesla Okay, my plan this morning and we can do like this My plan this morning was very simple look for extremes And we can see over here the last three days is one day Monday Tuesday and Wednesday Yesterday, sorry Monday. We showed it over here more or less Yesterday we showed and then we longed it. Pardon my bad Monday over here, I share all the trades you can go also check on Twitter But we long over here from that mistaken. We long over here. I'm mistaken then we shorted. Yes we showed over here all the way down and This morning we shortened we longed two good wins over here It was not a day that I suggested trade for beginners Because you can see that we have two major extremes one and Two and I was saying clearly look for the break of the range. Okay So a lot of this a lot of the analysis you will learn it only when You join the community and this I wrote at 837 on New York time So I was actually in range waiting extreme. So one hour before the open already said what to look for Looking for a push only into the 249 for a short. That's it All the rest that we traded was only scalping. Okay only scalping In the first few minutes, we gave a commentary over here This is What our team did at the open. So, you know, the usual place Team showed over here the J lines risk above here covers Then along right away cut and then longing over here selling to the push so two long plays right very fast very easy and That's it for the morning The time frame that you see below over here is one hour Then we traded over here This one, which is the cues and in Q shore So when we alerted in Q shore at that what was 14 is 794 more or less We got a short over here and then I don't know the trader, but probably it's Hold it and we start taking also the spy So we had some good position on spy this morning Again J lines boom taking the short very easy So here right now if I'm looking at Tesla On book map and I'm pointing out What I'm looking for right So look with me Support 241 242, so if we don't get to this level, I'm not touching Tesla right now Resistance 246 if we don't get this level. I'm not touching it 248 into any if we don't get of course this resistance. I'm not touching so we are stuck in a range I don't want to trade this over here I like to trade open because with book map we can really flip good from long to short this morning We showed over here, so I'm going to put back up the the trade that my team took Let me see Over here you can see a complete picture, right? So this short is a short over here that we see with book map Then we covered We long in the dip so we longed over here because we're looking at a big absorption We stopped out Okay, I'm like 20 cents and then the trade over here long over here in the dip You can see you bought the dip one two three times loading so he bought over here the dip and then Solving this push so it took like one point per share Over here. He sold this push over here Then he didn't trade anymore because he was looking at spy more easy faders and looking at 50 So looking the short we took also in queue But essentially you can see in about 10 50 minutes He took his trades Now looking at book map We have a major support 240 That support to 41 to 42 that we're seeing over here this one Then we have this region do 46 Which is this and then 248, which is this so the levels that I put on the chart are Respecting the levels that we have on book map. Okay It's a clear guys the process think it's very easy, right? I'm gonna And also Twitter. Yes, I will answer you after over here This morning was a little bit busy trying to help traders new traders coming in the room So this is the gate. We said then long on dip and Tesla traded academy here along in Tesla explained this real time flat on Tesla then explained over here about shorting dais and Spy Helping all the trader over here Mentoring trader at the academy this morning short over here covering and then over here We took also three longs on pixie here long Long again and long and so win and then some traders took the short the short seller Some traders just simply took the longs this morning, but essentially good way to trade Okay, now looking at Tesla like to use a lot the five minutes are but also three minutes This is the range. So if I have to Think over here of a scenario Think looks like a wedge, right? What do you think? So inside this wedge, there's no point over here for me trading Yesterday low we have a 241 and 60 The previous day we have a big supported level to work 41 and 60 you can see over here the liquidity that was traded So simply wait over here and My plan this morning is gonna be I like to say in advance what I'm looking for I'm gonna look for this I'm gonna look for this If we break this level So let's say we unwind then I potentially start looking for a short stone here. Okay. Is it clear the plan? Very easy. This is what I do every day because I just observe the market You want to follow somebody very good on futures? Follow Frankel and his beast reversal over here on the long side on NQ. This is NQ traders. Okay So taking over here a nice 50 points move 40 points move Nice job, buddy Take care Matt. Take care brother So Tesla, let's wait over here. I'm seeing over here some tears taking NVIDIA this morning Honestly, I didn't look at all NVIDIA. I was looking at IMVT that Gave an absurd sick set up over here the dip nothing to say. I mean, this was perfect Coming up over here with the jail is all yesterday So how it work over here is it's monster. Okay, when I see something like this is simply love it So Microsoft was stuck in a range made up stuck in a range Google stuck in a range for now and Q back in the range over here. Yes Still stuck in this previous trading range, but I'm gonna start checking over here. Yes, probably So yes and spy if you want to see how I use my wastes check over there So we have some a little bit of sell-off over here on spy But nothing really Amazing to trade Okay, let's go back on Tesla I'm gonna look if we're gonna break the range on this one And we're gonna look if you're gonna break the wedge over here Stuck in a range and I think let's go back on pixie So this is pixie in the morning We got some good trades These levels over here if you have question traders or you want to review something together just ask Right now the market is a little bit slow So I'm just waiting Tesla cues and cues pie. Yes Over here for some traders in the room pixie So I'm sure they're still short Surprise is going over here to the 115 on pixie The open level is over here 132 We are the top at 138. So I don't see over here any kind of big push coming for now Until we are this below this 115 116 Looking if we have anything else in the scanner So the only way that I'll be interested in pixie again is if we can get this 125 130, but for now I Only see this like rejecting J lines She's the 115 and How they soak over here? We have a support of 106 So look at 106 over here today came 106 and it bounced every single time Yeah, Mary that long in the market played very good played very very good This over here. This is I think is a good management from the trader buying the long on the hard low and Selling into partials then buying again and selling and then buying over here Selling and when he saw the stuff over here very good risk management cutting immediately the trade for we're still a profit You have to be quick traders when you trade Something like pixie is the stock of the day 160 percent gapper We had multiple flow rotation The flow there over here is very small and we add There are 90 million volume traded. Okay So Tesla going back into the range Do you see anything else pushing for now trying to break over here the 116 117 Let's look if we have a little bit of extension low volume for now we have You can see over here the Bind and selling pressure. We are 50 50. So we have as many buyers as many sellers So I don't see right now really a big move coming On pixie. So if you're short, like I see the majority of the traders just hold So good morning Morgan. So let's see over here I'm late to joining the video This morning you brought up playing the extremes what contributes to that view inside previous day range after big moves Yes, and also You can see the consolidation if for example, we put over here this morning. I was looking at Thank you, right? This is one of the major plays that We had this morning I'm gonna review this on a five-minute chart. So 948 over here this plan we gave a 946 price. It was a here and We said Waiting plan and Q extreme to trade same on Tesla and yes so if we look over here the full price section from yesterday after hours to the pre-market and Market openings over here. We see that as sideways. Okay. Yes, they have big unwind Even the day before right So sorry the pre-market of the previous day Big unwind over here. So we had a move from the after hours the day before from 950 down over here to the 650 more or less. So we're talking about 300 points This is a norm of physiological trading range Okay, and when you are in this range, you simply the one attack long or trying to buy dips unless the market confirms So what are you gonna look for you're gonna look for those extremes? Now over here in case we break the slow 700 and then start reclaiming ideally. I'll be looking for a long for now not yet So that is the reason more Million J. What are your thoughts on AI trading system like one tune will be staring all at charts in the modern-term futures So this is a good question because I'm just creating a quant Okay, and It's gonna be not the future for everybody because not everybody is able to to do a quant you have a lot of resources Quant is good. Remember it takes off the excitement and Adrenaline that you get from trading So it's good because you have no emotion. So simply you trade with the system gives you even if sometimes trust me You see the system performing and you say what the heck why didn't sell or buy over there? But you have to follow the system. Okay, you just made off that based on that while trading it's just simple like That gives you a lot of emotions a lot of adrenaline I mean when I'm done in trading and I trade let's say a day with size where I want to really enjoy it. I have I Don't need anything else in the day. I mean not gonna go all the night or late or whatever because that is gonna be enough Okay, so you have so much more when you trade by yourself but quant yeah quant is Already part of the future is something that I'm very interested into So right now market is fading Let's gonna put over here up QQQ or even in Q we can put Actually, we can put it So breaking the lower here to use three fifty fours Some major support three fifty three and eighty. So this level over here and if you look traders Look at for who is in the room. Look at the last J lines on Tesla Q's In Q's pine yes three good self for the short side Check right now. We are unwinding still selling over here the Q's and the Q's so I'm not really looking for a long play Hourly chart Gabe over here already tired over here gave a shooting star. So this is a reversal dojin is forming over here an evening star So we should see over here this low coming three fifty three on Q's if I'm gonna have a long play. I'm gonna alert But for me the only long play to look for is It only the possible level here remember We gave the shortest morning at this point on the Q's and thank you. Okay at this point over here here Timestamps also recorders here also some charts of execution in the room of this That's our level. So right now It's fading over here below the pre-market sort of the day low a new day low over here three fifty three and eighty some support Not to convince about that Means gonna fail more New lows gonna form over here. There we are pretty weak Let's switch to Tesla Break down this wedge Now getting also to the low of the day So potentially Tesla the two setups that I'm waiting for as you know is gonna be a downtrend over here and looking for a potential pullback in short or If we're gonna have that low that we That we see on a Q and in Q will bounce back up Then of course, I'm gonna look for Outroversal on Tesla well and buy some calls Probably two forty two and fifty or even two forty five, but for that I need the entire market to bounce for now We stay with a trend We're following the trend over here. So No reason to start taking counter-trend trades breakdown of the Q's If we see over here of the three fifty three eighty support Just very heavy We have to stay with the trend right now just waiting Tesla dipping this previous low two forty one and fifty, but No major reversal. I'm checking also here. You can see the Tesla This lower here is trying to bounce, but still no reversal play over here a little bit of small volume on Pixies so take a take a look at that Some balance on the Q's but still down trend formed Good job of Greg on Tesla. Remember few trades and Only trading the A plus setups, but and also traders remember no late entries. Okay So there's a stolen winding Q's spy and winding Meet the sideways Amazon and winding I am VT dip Pixies small curl, but until we don't get 125 130 minute looking to trade Q's looking only that low so that support of the reins that we set Rather than that. No other trades Amazon's I'm good on wine this morning So I will probably stall into the 122 yeah I'm expecting over here a support in a target 122 on Amazon and over here we can start looking for a dip So I'm expecting a dip 122 in bounce Mate over here is in the verge To break this level of resistance. You can see this inside bar Also had over here Also has a trend line But it needs really to break the trend line over here It's very very tight Until I don't see this breakout Not gonna trade it. Let's go back over here to pixie Pixie has a ton of supply over here Into the 130 145 For now if you're short on this simply hold There's not enough demand over here last few administrators together any questions I Think we went over the Q's Tesla today pixie We went over and Q If you have any other question, please ask and rejection over here You see new sellers are joining at 120 And when you back over here to the 113 I don't see over here any big problems for the short sellers Until we're gonna have this Price action and the price over here is going to stay below 130. All right, so 1110 think we had a good session for the day see you back Next week again put a like and good luck. Thank you for everything and book map Thank you ever again