 Hello everybody, welcome back to another stream. Hopefully you guys are doing great Let's get started. So we probably want to leave what Have a sort of review of what Where we in yesterday, okay, things moving slow Okay So we start off where we left off yesterday in terms of for that open Left there we go. Just a bit more And 130, okay, so we're monitoring 130 until 230 so around here around this view up here So we end up getting that extension high and we We talked about how on New York Open you want to do the basically the opposite of What you ideally see happen in the pre-range of the market and the pre-range we saw price Moving higher into higher territories and it's not the right color. I want yellow. Yeah, yellow shows up better so we saw it we saw price sort of tend upwards and On the last sort of I think on the 930 candle and 930 I think on the 830 candle 930 candle We saw a large uptick. Yo, yo a lot saw a large uptick large aggressive buy and then On the open what that would look like for people's is like, oh, they see a large green buy They start foaming again We dilly-dally here and we end up getting buyer exhaustion at this point And I think at this point we want to look at futures I think futures had something very interesting going on at this point that we would definitely want to record So and I think I posted some on the on my Twitter feed You can look for that again. All my socials are on the bottom left of the screen so as You noticed here was there was essentially no buys coming in here and What would that happen wasn't even though there was a wall here present here on the dome This disappeared as soon as price came into it So they allowed price to cut through this without taking any pending orders and let the suck poor start sad saps Who let's say entered manually get stuck here So they're stuck here. They were entered in long as they get a short reprieve and saying, okay Ah still going up. I'm happy They get two taps to the high here and here not much in the way of liquidity You see this absorb into these walls, but the key indication is the wall that we sort of cut through and sort of sort of push through So we saw cut through through that wall and that is The wall you want to see if this wall kept staying up As you can see this wall was present until this and as soon as this disappeared price start declining is understanding that okay The only reason they want to flip this area is to make sure that price stays above this to trap what they need to trap and As soon as it disappears, it's now they're done trapping here So they would want to trap bids at this level Because they know they can aggregate a lot of orders before pulling it down and that's what they did So make sure you take a picture of this. It's a good setup to sort of take and Remember especially when you cut through books and I think you might see These every now and again not always but when you see them, they're always nice to say, okay Understand what's the context behind it? If for instance this came in and absorbed here, you're potentially looking at an upward bias, but Ideally it would have absorbed all the way into this into this wall and they'll kept adding to it if they if there was a Desire to pull it down until the books shifted from a bearish stance to a positive stance But we end up just touching to it and people shorted pushed up squeeze them one more time out Get these smaller liquidations and just Drive it down into the New York range So New York opened up and then we end up continued to go down a couple of walls And there was your large sort of push down through the range and it was to the area We were looking for if you go to spot it was start of the short area and we and I think we talked about this On the discord in terms of short of your update Now potentially that okay, you saw this you have potentially accidentally been along here You could have seen this absorption because I've seen this abortion and sort of mistakenly been along and Your get-out period you gave your chance to get out here and we got we talked about During his age a session you want to monitor that just in case it starts coming down It would have been a potential a get out of Get out of jail a free card for for a bit extra With a for a bit of an extra loss and it's sort of fair to say that if you're holding for this long you Ideally out remember we try to keep sort of consolidation Holds in terms of directional bias for about two hours So anything past that point you have to sort of try reassess The markets to see if they are actually moving your way if they are good if they're not sort of try to sort of Figure out that your bias may be wrong fix out but again absorption absorption This was a perfect sort of tell-tale into this but it could have just been an out into that But again, you could have easy been out at this point. I think what tries I think what refreshes that rather would be this these these large settings here and the people sort of willing to sort of shrew it and not sort of forgetting ever behest that this was the Tuesday low. So if we sort of drag that out, we just come under the Tuesday low So these were very large stops in taken and we just hang around here I think these were just to take get people Willing to short and as soon as we're above that we sort of pushed higher pushed into price we can look at the range and Where you'd have potentially made some mistakes maybe sold too early and this is a whole sort of idea about partial selling again It says not it's not much of a clean set up in terms of to drive this along I mean a very very sort of antsy on this one I mean even now seeing it and hindsight it's still anti and it's not something that I would honestly Have taken anyway here. It's just looks like an nest We don't take s's here. We only take it. We only take W's I'm joking but You can potentially just like sold here and and missed out and you'd have been subject to form or if we look at social time frame and look at how Extended these are it's just like super super sort of Just just generally just aggressive and this this again comes back up to here This just extends high as you can see pins into this and it gives you a very shallow re-entry and a very point shallow point of Entry then just flies off and it just moves wild from there on out If we look at the future market and I can see potentially if there's anything there for you to latch on to and There was only really one thing to touch on to is the fact that at this area of consolidation There was not much in the way of things and more so that fact that we had a bunch of Schwartz entered into here So you're looking for the liquidation to sell into and again This was probably in your cell point here and I mean you'd sure missed out on some But it is what it is and in the grand scheme of things because you can't always capture the entire move and and that And you just have to be happy with that if you sell early And you don't see a clear re-entry point You got understand that you don't want to be far moving and because that will lead you To do something really really bad and lose a lot of money That's enough of talking about the path of talk about today and And what's happening was today? Again, I am I am monitoring the different chats So if you are chatting I can I can grab you And I can see your chat either on the bookmark stream or or mice or chest cream or whatever you're trying so On today we sort of got the daily in balance and again is this something remark We like marking out we got the London range coming in a bit high New York coming in pretty much even taking out the highs here and Just flat out just after this sort of push here Just sweeping this down and just liquidating and now we're looking for places where we can stop We can see that these ones they've slowly been just moving away But we've kept these here, so that's probably where you want to look at 2300 we want to see what this what happens at these numbers and if we flip back to spot Again 2300 comes back at the top of the range high here from New York previous day Low absorption here Zoom in even further we see what we had a small Here, this was the view up so someone entered in at the view up We might slowly bleed but we're looking for around this area in terms of for potential sort of entries in to potentially go like this Because usually with these moves which one I expect a Least a revisit to around here where you see these clusters and you're seeing stuff being set up on the opposite side To catch that in terms of the fall see one you got a slow rise of liquidations Then this is just a collapse on the charts. I think it's less obvious, but it's just it's just flooding down So these bars usually will end in a pin. This is the new This is a London session low So we see that at the 2300 where we do have those orders There's a reason why they are there and that is to catch out these top hunts that are present. So So as soon as we hit those hit those beds here We would release a lot of stops and we saw a road buying at this area where people would have potentially push the stops to here so you want to see if they They absorb that all those top outs all those up pushes into here to then try and rise up And they are like I said setting up just about above top to try and move that back After they sort of try hit that into here Did I say this game? I didn't say disclaimer Remember all of this is not financial advice blah blah blah Yeah, you guys know the pitch is just it's not financial advice. It's just analysis trading Trading equities or anything does involve high risk Yeah, I need to get someone to give me that fly to it you guys are as a requirement Again Yes, did the same thing. So pretty much just did not want to get filled here They just said, okay, you know what there's more spread down here. Just flushed it down As you can see we turn into a large sort of tick just flip down and just Bitcoin followed Pretty much sentiment for us if yes knees is Bitcoin catches Coming into a lot of Lot of walls thick walls just below 41 115 if we're looking at just generally Where we have the placements for Bitcoin and yes, they're pretty much around the same area So we could see some Stop still and a second entry to try and grab the Area just above here. So again, you're looking for potential revisits to around 20 2300 as a potential reentry of a short Wait for your range to set up again We're looking for this to slowly complete wherever this completes. Let's say completes around here We get that very visit then we get that push up here So this will sort of take out in the entire south. I think we're just about even so we did not see too much Of that stop stop out that we are looking for we just saw a bunch of sort of I think high level Longs that got liquidated And panic selling but the stops would have again been hit with one more tick So there is no reason for them not to take that except for the stalling for people who are willing to buy this Big red candle and the thing if people will short this with with them If they short it with them, they'll probably take it up one more time and hit it up from there if you sort of look at the volume profile and then we sort of try and understand where Price of technically hasn't been too far away things. You see sort of heavy shorts here So grab that Here we saw shorts here this region. So ideally this is where we want to be above and then we talk about this We want to be above these areas of shorts because The reasoning is Those would have been released as soon as we come into this area So if we release as soon as we come into this area as money loss that's liquided loss unless these guys get liquidated I think majority of these guys are liquidated at this point There will be lower level liquidations potentially So we have some sort of give in terms of if we get the if we get the stop out at 23k Pull it back down absorb into this these walls and potentially rise for a nice double top if we see these again The opposite is true. We see these oh If we see these lungs they come in around here again That's something you want to be below if you want to be bearish if we come in revisit You want to come in around here? You want to accumulate more and add more delta positive delta here to then push it back down? But if we get negative more negative Delta build up here that's potential to reverse back up into here if you break out above this this Continuation to try and go higher because they're probably trying to reassess Higher time frame or higher ideas again now we finally hit that hit that area here We've got some stopouts. We've got that wall still standing at this at this point looks like the Are not showing any weakness within this Even more to say they added one take just as it went lower So they definitely have some level of desire to hold this slowly thinning out now See if they break it or they keep adding to this wall. They do that could present a nice sort of It's so very and I don't have I don't have an order book here. What? Let's carry an order book Yes, you can see slowly one more take seeing if they and they added to it large amount of sales To so it looks like someone is iceberging here. There's some that should be a good sign for us So we want to see that Coinbase stock Okay Main focus on these streams would be crypto markets and yes, just as an extension of Looking at crypto markets, but other than that, we don't look at stocks here Stocks is for when you're when you're trading with J trader and the other stock lot. I'm more here for crypto So again, same thing here. I don't know. I don't have my eyes begging on this It's just a lot of bleed into this and a lot of people willing to dig this up again This is still pre-market. So you're seeing pre-market jitters And that's pretty good. If we're going down in pre-markets, you're looking for potentially Didn't you want if you want to be bullish off of this? You want to see the entire Entity of this until 939 45 to be downwards. So maybe we have two three more extensions But I doubt we get that because it might just go up in here They continue going down. We want to see this by this point continues to go down 930 People see red they start crying and we reverse them. Okay, and and and lights out But if we sort of get an uptake before that we run the risk of potentially Potentially coming in higher and just saying oh, okay We already this high we people see you green they start buying into this and They get then we end up into a decline for the entire day. So that's again Remember you're trying to do majority of the opposite Yes, moving to high liquidations and high liquidity Finally I think really I think it looks happy now So again very aggressive move down not much so in terms of Delta wise small sort of dots These back into some of the constituents Come by down. We don't like the fact that they added this As you know, it's not too bad. Again, if they continue to keep this down keep the sound until 930 We open up a gap down. We start liquidating on open People and those liquidations will get absorbed remember on gap downs most most traders won't have the 24-hour or the Extended trading sessions. So for those who don't have that the first price they will see went on market open will be The price to get potentially get liquidated that if anything stopped out So that's why gap downs and cup helps are super super good in terms of if you see a large gap down You don't see much movement on the first bar Most likely most of that was absorbed by someone else so an Ethan into potentially reversing the trend Let's see if we can go back into charts and get anything good and looks like here up into this high for Bitcoin Hit up into the side for Bitcoin So again, you have two points of rejections here for it just out these areas here Two points to build up Again, we're not we don't want this to be green here if it does it runs the risk of doing this best case If we if we see this we see the slow the next bar engulfs this then people buy try buy this Pull it back down then the next bar. We want to see that That's sort of what you want to look for to be bullish and again that goes for everything in all the markets If so look at a theorem a theorem again always likes to run ahead of the crowd especially now a days So look at how it's trading in same sweep occurred But it sort of held out much tire here and had a higher sort of points of Liquidations where it just made sure to run all these sort of lower level shorts here All the way to this Next as my volume today, I made sure to turn up my game because I know sometimes it gets a bit quiet for you guys There we go, not fancy on this It's a check dunking on the market. Hey, why why is it what's happening? Yeah, so the market is just dumping because it feels like dumping. Okay. She doesn't need a reason that you can do whatever he wants Okay Do you ask a woman? Why why is she crying? No, you don't And if you want to set off let's pull up the let's see if we have any sort of cat news catalyst So scubbing to a slight slowdown so we can sort of look at news and see if we can get anything from that Station mean yeah, pretty much. I love this Okay, no, I think Mike's a Little bit quiet God damn I'm not sure I've turned my game up by Yeah, let's go Disable okay, is that better now? I'm in the yellow. I'm in the yellow Okay, so this is New York time looks like a lot of Canadian news are non-farm. It's non-farm payroll. Okay. Yeah This is to be expected. I mean yeah month you're in your That's today. You're in Europe. I'll go down. Yeah a bunch of news looks like it's Worse than expected. I should only wait Ali wait Ali earnings went up. That's good. That's actually good It's higher than expected. That means more people are any more Average Ali earnings month-on-month point. So yeah again better numbers than usual for this Non-farm payroll down. Okay. Oh, I didn't mean it station Unemployment rate. Yeah, it's slightly down 0.1 percent. It's look they look bullish and then you might saying where's the chart going down? Again, they probably before they were numbers were worse than usual. So Probably tried to pull it back Real well Non-farm payroll Jesus Okay, you can only added 200 half a million jobs basically much better than the market forecast of 250 So we double the market expectations and above up with it upwardly revise The 398 K in June the biggest job gains occurred in legend hospital hospitality That actually is probably understandable because remember everything sort of returning back to the status quo after COVID-19 So leisure took a large hit in in that from that so it's better so Food services drinking places. Okay, more people are trying to go out professional and business services Including management and company and prizes architectural engineering blah blah blah Okay, lower than the pre-pandemic level. Okay. Yeah, it's still a bit low But again, we've seen large green dots. That's not what we want to see That's not what we want to see That's definitely not what we want to see here That's a term. We don't care about a term. You're not loved No, I'm just No Again slowly tapering off. We've got seller exhaustion here slowly consolidating We've got really good numbers. It is it is non-farm payroll. These are the most volatile sort of areas and a good thing sort of I'm here in terms of For the 830 because 830 is the news embargo lifts So we can look at a lot of news if we sort of go into actually, you know Well, let's sort of have a look at market watch see if anything but buzzing Shaka I'm playing for his pre-pandemic levels How pointed are those jobs getting filled that's the main thing See if this works. No, it doesn't it hasn't worked for a really long time. I don't know why I Have read the numbers used a strong new jobs in July unemployment rate fell pre Muscle flexing to spaying an economy. It's a good uptick. Hopefully this will lead into growth in GDP I know we had we were having slow growth Hopefully you can fill those jobs to a set amount. I mean we only drop 0.1 cent on on that We only yeah, what am I trying to say? We only fell 0.1% on for unemployment rates I mean target I think for most economies is around 2% So we're hovering closely. We have to sort of try and make people try fill those jobs. That's the main thing And the pay rise is great as well Recession cancelled Yeah, no So this down move off that news Doesn't make sense. It might be counter-attuitive people will try trade that into Into the downward say, oh no markets on good news going down I need to sell I need to sell something's not right with the market and They end up just liquidating people to potentially try reverse than then there's your reversal here Hopefully we hit up into the 415 wall just after this sort of flutter We're getting some pressure up here. We want to hit above that. Let's try and go into 415 41 41 15. Yeah, I think we do have enough strengths to be bullish for the day so Might might present Nice nice day Today feels like a good day And I'm happy it's a good day. I had a very very long day yesterday Let's try zoom out. Let's see if we can get for any sort of larger trends within within Bitcoin More much in terms of large trends. I mean you saw these thicker walls got hit Again, we've got the 20 20 to 800. I think this is just there for a stopgap just in case we hit The liquidations here were a bit too aggressive to then push up, but you're slowly looking to And slowly turning towards a buy bias and and you're looking to execute and remember around exchange open because from there on out you sort of figure out how far the market will move down and It's a more safer way of trading. I know if you want to risk your equity You can risk your equity, but I hold no sort of Ability for you risking your own equity like a bit noble But I'm in terms of liquidity. We can see we've had several days of negative cumulative volume Delta that means a lot of induced selling around this price point Was very little to know price movement Relatively speaking most of it was eaten up and most of it was absorbed someone's definitely accumulating around this range in spot That's something you want to know Because if they're constantly absorbing The cumulative volume Delta that means there's productivity try and keep that Keep that off flow. And I think I was right now And I mean like this coming off the tail end of Solana the Solana hacks like Solana pulled up liquidate Everything came back down liquidating everything. Ah liquidations everywhere Everyone gets liquidate you get it with a look And other than that, there's really don't too much to say It's pretty much a nice day. We did we did our post and biopsy yesterday You guys should like I mean, that's what you guys should do and that's sort of What most of trading should be because remember you only should really be trading about six or seven hours for the entire day and Then the rest of it should be either Analysis Look for look backs into books. I mean if you look at them We've hit a heavy into these walls absorbing was finally now tapering off This is potentially a good sign. I mean you're seeing these buys so we might extend it one more down But so you might only want to go half position here if anything off of this But we're slowly absorbing into these walls and future markets were slowly rising up and this Got some shorts here. So we want to be slowly above this area here Because we're not really capturing too much in the way of things To facilitate so by those slight delay and up tick we go So if you did end up going only half position, I mean, it would be in the safe bet You're probably looking at these couple of ticks. You're probably waiting to see if it drops down It's set back into these lower walls and you're looking to execute fully and drop back up higher This is always a possibility, especially using Watching these sort of dots that it goes goes back down just saying zoom in back in Again Pretty weak, but we're just waiting for these slowly approach upwards once you start start going up That means we're gonna have pressure upwards But usually you might you might what we might expect is The range to drop low, I mean Alright, there we go. That's right And we end up there we go end up pinning into here coming back into there So we might come back down again on open you want to see Potentially this get taken because this is where people get comfortable before any sort of bullish fries so that might again Be be the area where you go full position and theorem does have a bit more in the way to drop down You can drop down into here pull back up So you're looking at these potential bias to try and get run under get liquidated and they'll play stops probably On these bars here on these bars or even at this area here, which might just cascade down a bit further So again, I know that's why I mean it's a decent time to do a live stream But it's not nothing you want to execute on because remember I'm I always like having sort of a time bound Sort of aspect to my trace I We have one more glance at Bitcoin I think I am put the rest of the vents there we go God damn it's got to do all of these ones these come in they can see everything. It's just There we go high volume door exhaustion pull back up When turns along the sort of walls that sort of collect these walls together We've got a lot of liquids here, which is great. This is again with it Your high volume notes are your shorts up around the 28 mark remember we can come into the 28 box, but we're looking to generally Move faster way. So you're looking for a fast stop on into our rise To be very bullish for the entire day and yes, it's slowly slowly. We finally got some liquidity coming in It's not the entire liquidity. We still have a half hour for that to come in and Come in to and show its hand but considering everything seems like it might just Want to liquidate every trader because we've got a lot of pressure here at the 415 So let's say we hit we hit back down let traders feel pain I mean we had a large crack down that we're gonna see absorption on open Then after the absorption we want to potentially see rise I'm gonna cut the today's stream a bit shorter just because I've got things to do like I'm like super busy like this I'll super within the entire week and I've just about squeeze everything Or just about squeezing everything in just just So like ask your last questions we can sort of go through those questions and after the questions I'm gonna have to leave off Okay, not many questions. That's good. I like that That means you guys are happy with what I said So what's the title tool on the right hand side of book maps? Oh, yeah So how you'd come so you just got to configure column Column configure column And it is just the SVB, but So it's just Delta. So let me just actually do I have that on one of the charts here? I don't have any either. Okay Yeah Let me just go on the web and just Delta sign and grab a Delta There we go. Yeah, you just that you just see that option. You just You grab the SVP and as soon as you do that Oh You just click that Delta option and you'll spread it into Delta so you just have an SVP and I have an SVP Delta and You should that's basically what you want to do. Let me grab that the other one And just legit me to Google the Delta sign. I mean you make things nicer. I like having you don't have to have it You can have the whole word Delta, but Everyone University should know that this is Delta if you if you if you understand that But it's just again session range volume Profile just with the Delta option enabled as you get to see Out of this entire area here, how much of it was short how much of it was long Heavy short here, you know, when you have heavy short area, you're looking to the option You're looking for this area to act as a support heavy long areas is resistance because You want to even if you come to that area you want to run away from that area because That those are trap traders essentially. Okay, any more questions? Gonna sit back and get it ready to jump jumping Tuesday Gonna do some back to sing this weekend. Okay, sure. That's great I think since very very very good thing to do most Make sure you take pictures write down notes keep it in like a little binder as Steve Morrow does But oh, okay. Okay. Does this this and I will catch you guys probably Monday then they just Kind of 20 minutes short. I mean, this is just fine. Just monitor things watch for the session to watch so you're grabbing Let me give you the exact time in EST how are you grabbing to and from? So in EST time you're grabbing from 630 to 10 o'clock so from 6 30 to 10 o'clock that is your session Your New York session so on on book maps if you're in EST time, you want to do your conversion But I was sick 30 from my time translating to Double check It translates to 11 a.m So for me, it'll be 11 30 to Six and Three three o'clock you're just grabbing your box and you're seeing the high area You're seeing the low area you're seeing this volume for New York and you're treating that as your potential guide And you can always just right click. No, I don't want to do this You know, we just right click here configure column add one and you want to add a note Where is notes wait, no, let me add notes. Hello. Oh, there we go. I scroll down You're not add custom notes You can add custom notes in and you can mark off Read the range high or the range low for New York and then then you know that okay, you're looking to come below here and that'll present you with a Nice opportunity to understand the highs and lows of your breakout range We are still bleeding down which is perfect. We're looking to be down until New York opened Just so traders get that feeling of pain Like because remember we're off the back end of really good news. I mean, there's no reason not to come on That's if this should it should look like this Maybe even shallower, but whatever it looks like we're looking for something like that and Your walls should come in to support that around that area and I think we're accumulating more short positions just as a good measure So again, thank you so much for coming. Have a lovely weekend and catch you guys on Monday