 Okay, good morning traders and welcome to the book map live trading webinar. This is Bruce at book map and We should be broadcasting here Hold on a minute It should be working a minute. Yeah, okay. Everything looks good. Okay. Sorry about the delay guys I had some issues here technically and last minute changes Jay trader will be in shortly So we haven't missed anything from from that side and typically what we go through with this webinar is the Just kind of live S&P analysis before Jay trader comes in and then he'll look at stocks and this is live trading So he will be trading stocks live If he sees something that sets up really nicely. So this is all a part of the education you get with book map It includes access to our educational course the advanced webinars that go through that course content in the live market so you can put the pieces together in the live market from that education and then live trading from professionals like Jay trader today and stocks and then tomorrow with Scott Polsini with futures You know who Jay trader is I have his contact information. He does offer Mentorship and education. So I put this into the chat if you want to reach out to him if you like what he does And let's go through the disclosures and then we'll jump in General disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific Investment advice nor recommendations live trading is in simulation demo paper trading mode and strictly for educational purposes Live trading executed in simulation cannot accurately represent Realistic trading performance the risk disclosure trading futures equities and digital currencies Involves substantial risk of loss and is not suitable for all investors an investor could potentially lose all or more than the initial investment Risk capital is money that can be lost without jeopardizing one's financial security nor lifestyle Only risk capital should be used for trading and only those with sufficient risk capital should consider trading past performance is not necessarily indicative of future results All right, so that said let's take a look here at the S&P mini nice breakout here You can see the overnight here In the back and forth and then you can see the heavy buying coming in now This is exactly what we've been covering in the last two days in the webinars looking for that distinction in the trading and Can you guys see it? All right, let's just take the heat map down here and and look at the volume dots We'll just make the dots maybe a little bit bigger so you can see the distinction All right, so some heavy selling in here really back and forth in here buying selling here above the range Lots of buying This is what we're looking for this set the tone for the upcoming session here Okay, there was some heavy selling here 930 Into here All right, so this is the line in the sand right here this 38 72 or so somewhere around there And you can see that we have now broken out up into 38 90 and Again and again, you'll see these things and see these distinctions We've covered it in the last couple days if you want to go through some of the webinars Let me show you where they are. I think you'll find it helpful. All right, so Go to our YouTube page and then scroll down a little bit here They're here. All right, so here's the finding momentum or There's a couple here, right so finding a strong momentum moves, that's what we're covering and then Yeah, some scalps and swing trades in here the last couple of days so Take a look at the finding momentum. Here it is. That's what we're trying to find or identify And they set the tone and direction here. All right now. This is the cash open heavy selling but it's all over the place and And then there's buying then they're selling and then again. We see more buying back up again All right, so we can zoom in and start to understand Who's in control or who's taking control of these markets? Okay now It's getting that buyers are still in control until we see something different. Okay, we see some selling there But it failed to drop the markets Okay, so far it's only come down to here where that heavy buying came in. All right, so anyway, that's the tone Of what we're looking at right now. Let's zoom out to the bigger picture now before I do that I want to also cover something else and We trade it up here into high liquidity a couple times Higher liquidity up here at 38 98 And then also 3900 the figure up here. All right Wanted to just go through something else on our YouTube channel Note the protrader webinar coming up this afternoon First time we've had it here with trader aid a few different traders over there with their group They're excellent traders. So I would suggest come and see us at 1 p.m. All right, so Make sure to mark that down Probably best to we always get to try to get you to subscribe to the channel But subscribe to the channel and you can you can send an alert here notify me boom. Just click on that and you're there so Anyway, you can do that for all of the webinars that we have set up here We have Tom be coming up next at 1130 East Coast time and then we have Doug Plus at 130 now There's gonna be a little bit overlap here with the protrader webinar with trader aid. All right, so You guys can see we have so many different events happening now. Now. This is just over on YouTube We also have over on Our discord channel all sorts of stuff so Good morning Joseph, how are you? Very good. Thank you very much Bruce. How are you doing? I'm doing fine doing fine. Just a little hectic this morning and But well, let's get started over on your side. I was just covering the up upcoming webinars and That was it so Alright, let's let me jump back to discord here There's your screen Excellent, let's pop that out. Tell me when you're set to go Okay, I have all set. All right, so good morning traders team of the day as a si and T and lace So these are two small caps that we're having right now lays SSR Sint SSR. Okay, so both hard to borrow Since we had a plan this morning, I'm not short on this so I'm gonna say straight I wrote here since looking for 15 our level since high volume is a star only a daily level for pros No for beginners because I've seen often the traders Get involved in short and especially the front side Small caps with high volume SSR. Okay, which is a very high risky position The main theme is when you have a volume SSR look too long on dips I tried to long on dips this morning But I never had the main pullback that I was watching there was looking for so let's go into a chart here So you could see that the daily resistance at 15 This is what happened this morning So we started having over here a dip Very early into the 920 and then we started seeing over here volume 935 Halted halted again and then over here pushed to this level of 15 daily And started to unwind a little bit So what I'm looking right now trader is Being that we have also warrants and I like that a member here was a we're sharing this We have warrants at around 15 so let me see exactly Yeah, warrants at 15 10 on scent So exactly this point over here. I'm looking for another push into that 15 15 15 area So high of the day. I made your stuff in short. Remember SSR. So we'll be a little bit party to get your fills This is what we added 15 today So not a bad Rejection you can see over here that We went in this high liquid area first of all over here 14 then we started having this fake breakout so a sort of bull trap Unwind and then over here after the wash Reclaim of the previous support level. So bull trap bear trap We can really Mark them over here. So we have our bull trap Bear trap. So these are two of the Ways that the market is working right now It's a market where often breakouts don't work And I was explaining this in the in the past Webinar we made with Bruce About the the chart patterns that work and not work right now. Okay? So when I say it's our pattern doesn't mean you have to trade only using chart pattern chart patterns is one part of the equation Then we have the Analyses of the price action Analyses of the order of flow or the reader of the flow and then of course your plan and risk management Okay, so we can see over here What the market does often? So we tend to have a breakdown and right away reclaim and On the other hand over here We try to have a breakout. So a lot of breakout traders will step in at this point and then big ends will use this sort of Breakout level as a spot over here to enter short or Better to dump their position if they're long. Okay, so it's where actually they will sell into and this is Why I like bookman because I can see this very easily over here You can see like the top that we had this morning 15s and then the second rejection here Now we're getting a second top here. So let's see if we can spot that 15. You need we can have a Fake out over here. So I want to see this Major breakout 15 and right away done. Okay, so this will be the team for now Let's pay attention to the price action over here. What we are also forming over here is a three wave pattern so first second and third So let's see right now for a play on Sint watching over here the level of 15 15 20 and Micro support level that we have over here 1360 They stacked over here a pretty good resistance 15 14 15 15 You can see over here that They're trying to push it just above that 14 14 40 High volume So I'm looking over here for a possible or as I said that 15 Or over here trying to grab dips So this is a Very high risky one because we're trying to get a Fill long over here to the 15 20 So just get filled 15 20 long But when you have these longs you have to be very careful because you can get stuffed All right, so we're trying to buy pullbacks over here 14 20 long and right away you have to get out as soon as it reverses Let's see over here if we can get Another level 1370 fate breakdown then taking the long position. The main point is buying dips and Shorting fakeouts That's what we're looking for the same time we are in a short position on a lace So this morning we had another SSR stock Pre-market high around 220 So we shorted this push over here into the 215 Right now 214 average, but we already scaled out over here on this support around 1199 And over here now is not anymore an A plus setup Why because we're holding over here the open level by 10 o'clock. So we have over here Lace as a possible First setup could be a 220 fakeout short The second setup that we're looking instead would be a possible Breakout the pre-market high and then long on dips. Let's see Tesla as well this morning You can see a sideways We had a good setup from the 139 and 50 For this fail over here to the 136 now sideways action Not really looking over here to trade it. So be watching if we can get to this previous low and maybe trying to buy a dip Amazon Some setups over here to shorting this basically green area over here at the gate 86 86 05 We had a couple of setups over here, but for now side was lecture. So Big caps Side was action today after the big Unwind yesterday on Tesla. Yes, they Tesla was particularly good. So we got a Morning where the first hour was in rains basically like today and then we started to look for that Down trend and we started taking short over here in the 146 for all the way down So this is the kind of a scenario that I want. So I'm waiting for that scenario here on both Amazon and Tesla right now We have to wait for this Main trend break and Tesla Waiting as well for these lows over here. I want to see the price below the previous day low I'm looking for that area. So two possible plays over here on scent One would be fake breakdown of this 1350 and then reclaim for a long or Simply looking over here for the high of day major fake break out then then short and 30 right now The volume is decreasing After 10 30 if you're holding above the open level, we reduced by 50% based on stats The factor over here to unwind So after this time, I'm a little bit more skeptic over here to to trade short This is the level that I'm watching over here on book map 1350 sin trader is a Nanofloat so we're talking about the very small float over here The stock has less than One million flow so float within multiple times Good volume for a $14 stock today history of trading high volume and Is there also of extension plays this 1515 10 is a daily level So or as I said fake of that 1515 10 to for short remember, this is are so mostly for advanced traders Meanwhile, we see lay simply married over here To the jailings. This is a price action this morning on a synth So start over here to rip halted 960 Open halted over here 1120s open over here and I was looking at this point around 12 to 12 50 30 13 for a first short Just for a scalp Because this is I was looking for that lower high over here We didn't have that Confirmation, but you can see that we soaked into this main support area and then start to push And then they did this breakdown the level 1260 1270 Started to dip over here. You can see another hold of 1220 and Then push into this liquid area, which actually They They actually bought this area. You can see they started like to be lateral. They dipped again this point And then they push on a break of this level 1420 here became a Trappy a trappy one dip again over here and Then push the 15 so two main bull traps All right, that is Now the push that we were waiting for it. So we're looking for that 15 15 10 This area here simply waiting over here for now Watching Amazon and made a high update. I'll they created liquidity 1420 1450 1470 simply sideways waiting for my level or nothing. So what I'm looking traders on Layers over here. We're gonna put this chart. So you can see side was action It's the high of the day What we're having right now is a major wedge this All morning is holding the VWAP is holding the J lines. So right now we have two possible plays One will be a bear trap and then pushed upside So ideally a fail over here the support And looking over here for type manipulation that I call type two bear trap to from our playbook Otherwise I'm looking for this 220 major fake out and Short to the downside. Okay. So two plays over here for me this morning one in the second one Let's see if you can have that 220 here over here near the level of 220 Near the level of here versus 220 Meanwhile over here break down the support in team six with pretty big selling pressure. You can see these These dots over here on book map that blue line that you see traders. That's the pre-market high So you can see they're breaking the pre-market high 200 K per minute 400 K per minute So no trade for me yet I want to see only if we can fill that level to short otherwise is simply gonna leave it 224 Break of the previous high There's so much absorption over here in the bid so over here what we're looking for is Right now a hold of This pre-market high and then looking for a longs exactly Oh Pre-market high and now looking only for long so not looking anymore for shorts So you can see the pattern We then have the fake break down and push where we simply had the pattern over here in this case breakout Main point Jlands over here simply holding VWP holding pushed upside Now I'm not looking anymore to trade short for the day on lays After 10 30 SSR high volume simply gonna wait for it. So this is one of the setup that Happens in the small caps. So if you run the stats And you will see as we said before 10 30 we have the stats reduced by 50 percent This is gonna be a fader. So basically waiting through the first 30 minutes. No place for now Small trade on the Sint. That's it. And I'll trade at the open on lays So a daily chart This is what I'm watching when we have this extension place So level of supply these days over here, we turn a high volume around 70 million and here with an extension between 270 and 330 Volume also over here around 10 million in high volume up here So we can look at the high volume nodes that we have So this here over here and this here over here. Well, actually this this week we didn't trade this month We turn it high volume. So I'm really referring to these days over here 260 we have a solid resistance You can put also this 330 and now I will be watching for that 260 or For dips to long who main volume resistance that we have our 240 to 50 looking at book map They're trying to put over here more resistance to 35 I'm not anymore looking to For a trade right now We have a daily at 260. So I deal and waiting for that area. So a lot of patience over here for me Joseph On on breakout strategies. I mean, I know you look for a pullback But this is a bit like a kind of a cup and handle and kind of a You know, kind of a wedge company or Cup and handle ish with a wedge there and If you start to see big volume come back in near the highs I'm wondering if you ever look for a breakout trade if you have some sort of setup looking for that I Preferred to buy dips Or at the breakout I'm looking for a pullback So in this case, I can share for example this trade we took yesterday that I posted also in the in the book web room and You can see Bruce that I Didn't trade the first part over here the move, right? Right. So I wait over here a main pullback and I waited this pullback to exactly here. This was the B-wap So when I saw this pullback after this breakout, then I started really taking thinking for a long This over here was long selling in parcels into the stop and then buying back again over here So another pullback selling Bind again a pullback selling and then bind over here bind more over here selling to the push and eventually selling everything So this I share everything While we were trading so Reference But the point this is really the style that I prefer so bind Breakouts often you get like stuffed you get like rejected like we said before this market is Doing a lot of Bull traps So I'm more than buying this bull trap this possible bull trap I'm looking to buy dips where I have a very minimal risk. I try to read pretty good over the flow So I'm waiting for these plays that I will probably get two or three times a week But when I take these plays over here, they pay big they pay big time So we had ICCM the same setup you could have taken on a PHVS COSM We had SMMT as well on day one or day two so breakout pullback Looking at the high liquidity over here. We have bars on the stock of at least one million volume So huge amount of volume over here for a four dollar stock and that tells me right We can push and have a big long And this was using book map So yesterday Everybody was asking me why you look for that long Why you look for that long there and I even recorded this entire session of here when I was reading this slide So we got this long for this reason. This is one wasn't the main reason So I know that the setup. I'm know that pullback seen that many times And then once I see this level of a here of liquidity, you can see that we start supporting this area First below and then the server here is becoming bigger and bigger and bigger and then big pushed upside Meanwhile, it means your fake-out on lace so Push like this you simply want a trail Using a 90 may a 13 may or a 15 may whatever you prefer, but this is simply like a crazy run You know, we got the entire move over here all the way to the upside. I love these longs over here So rather than, you know, trying to buy over here breakout boom stuff I'm buying the dip very low risk Can you maybe maybe discuss I mean we've you've discussed it many times in the past but Just anyone new in here about your patience and Like you said you wait for these kinds of setups Maybe, you know, three or two or three times a week Especially on the big caps. I know you've discussed this many times and But you know, I mean this is a really hard part about trading People come to work and or at the desk are ready to trade and let's go and you know, I'm ready to hit the button and You know, what do you what do you find helpful to or try to calm traders down to? Get them to develop patience and wait for these quality setups and no first off know that they are quality And so that's a big distinction right there They have to we have to know that it's high quality and that it works And then and then you have to wait for it So Yeah, what helps you Develop those kinds of patience of steel Yeah, it's it's a big it's a big process How to become a trader it involves not only strategy So not only something that you previously have previously have tested and know that it works but also a Lot of work on yourself So this means handling your emotions having self-control having discipline and You can improve this. I mean there are many even sport disciplines that they raise your Your level of discipline through time You learn how to manage the stress manage the fear Having patience stay calm when you know, you're in difficulty. For example, I make you make an example I did for sometime punk ratio MMA and you know one of the Lesson was that, you know, somebody was like choking you and in that moment you you're like getting stressed you're getting fear You're not staying calm because you're going maybe to panic, you know, you're like Sophocating and you're like almost passing out and in that moment It's very hard, but it takes that's the reason why it takes training You have to start like thinking about what you can do and you still have a little oxen So you have still try to breathe as calm as you can because if you go and panic that moment then it's impossible to think correctly So the same thing into trading, you know, exactly you have to know exactly what you have to do Before taking a move before making a move So when I take a setup, I know when I have to take it What I have to look for and what I'm going to expect Like before I was making a plan on On Lays over here. So we were looking for this wedge And I was looking for or fake out and fail or Fake break down and push in this case the plan that I made didn't didn't occur. That's fine I'm not going to take the trade. It's not the end of the world We'll take it the next one in the next one the next one So I'm only trading what fits my playbook 100% what is written my let's say a Book what it has written my rules and when I see that I go all in so for me, you know, it's useless to try Something that I'm not comfortable with something that I didn't previously back test it Something that I don't understand or didn't you know research it I'm only going to trade that plan a plus setup when I see the correct price action or the flow structure pattern, I mean, I Know you know how to do all that But I Well, there's a I mean, I just want to Discuss it a little bit. I know we're here for the live trading and It just seems like there wasn't too much happening. So I thought it maybe I'd kind of jump in and the You know how to do that and you can say it you can describe it, but doing it is something else and You know, this is I think there's a big distinction here like maybe I would assume that when you're educating others And I put your links into the chat there for people and YouTube and in discord But when you're educating others And you tell them no, you need to wait and you need to be disciplined and this is what the setup looks like That's great but they haven't lost Money on it they haven't been kicked, you know in the face a bunch of times Your process was like and how you? Absorb this and learn this was through wow that didn't work and I just lost money And that happened many times and then okay now. This is the way I'm gonna tackle it this time And I'm gonna also study this and see if does it work Over time in general on what to do when it doesn't work That's a very different process than telling somebody And then no you have to have patience you have to wait for this and this is what it looks like Well, basically I think you have to create a plan and the plan has to grow step-by-step with you for example whenever I trade and Whenever I teach a member on how to trade first of all, he has to find is Asset to trade let's say that in this case we're training today stocks The first thing is she has to find a strategy and In order to do this you have to analyze the market analyze the data Beg test and then journal because for example Bruce over here will take three or four setups Maybe I will take five six setups and then each person is different. So maybe you can scout more I can day trade more. So based on your personality you will find The good strategy for you Then you have to practice it. So it's not only finding a strategy and when I say strategies Not only a chart pattern or you know a an indicator it's a Complete 360 degrees Strategy which fits with Analyzing the market understanding the price action Render the flow Having a correct risk management. So all together And then you have to practice the strategy. This means retraiting it Annotating for example every single day what happened Studying those structures study those patterns started out the tape started on the other flow and becoming good at and Then you when you do this when you practice strategy Then you start trading live with a very small capital and that's your second step the third one if you want to lessen this job is becoming consistent and How you become consistent? Well, first of all, you need as I said to find a strategy and practice it and then to have a routine every single day So every single day you're gonna work for becoming profitable to make a green day And you can only then Look to be consistent if you have confidence Because I cannot trade for example size if I'm not confident in something. All right I need to trade size. I need to be confident with what I'm trading and how you get that confident Well with the experience seeing that thing one thousand times Then you have to study how to improve the strategy so you're gonna back test again go back to the Number one, you're gonna Allah's an ally analyze the data back test and journal So this when you're trying to become consistent And then how to improve your personal trading because you're gonna think about how can I prove now? timing Emotions risk management. You have to have everything of the control performing all of these three fields After consistency so assuming that you are all Privileged city have done all this Then you're gonna look for adding size, which is your goal essentially to grow your account to make more money become a better trader and There are met different ways. It's a very conservative way at 23% of size whenever you met a certain goal that really is risk base. Okay, so if you're like I Would say Adverse to risk if you are like very conservative. You're very aggressive. It really depends. This is like personal Management of capital so how much you're gonna invest how much you're gonna risk How much I would say How many resources you have and then all of this gains experience So a trader is Form when he went through all these stages over here And when you get an experience doesn't mean that okay, I'm done now. I'm set. I need to trade anything anymore To learn anything anymore. Well, it's still an evolution of a trader So this is a continue understanding continue like going over each one to get better every single time so basically In essence you with your mentoring or your your education here You are Telling them about it, but then you're creating a blueprint for them to go through it and gain the experience So they have they have to do this And then this is how they're going to learn Exactly because you have the guide and you know, I will tell you exactly what to do where you have to work on What are your what are your errors? How you can improve but then you have to put the work in? so you have to be Humble you have to be committed to something In order to use your time to improve because a lot of traders they simply want everything so simple Market is not simple training is one of the hardest jobs in in the world I've been mentoring Some of I would say most diligent People in the world one is a pretty famous surgeon in the States and one is a pilot And they told me Jay We have to be So disciplined in our job so patient but when it gets to trading I simply cannot be so this Imagine one is a is a surgeon right and think is oncologist, but Imagine the the stress that he has to manage and he tells me that trading is even more difficult so this is the point that you need a lot a lot of work and You don't have to give up when you have you know the first loss is the first like I would say fails, but instead you have to keep going keep trying keep working Until you find that way Okay, that you know your method teaches you and This year we have a lot of success with man there members we trade we trained from small caps to big caps or Even futures so it has been a pretty good we are in a very tough market because this market was simply bearish in the big caps option as well futures as well, so It's not how easy to find, you know the correct way of trading but with what we're teaching I think we're doing some very good job over here and often we're sharing the results even you know on a On here or YouTube or Twitter whatsoever The point rate is that you need time to become good need patience and then I would say a mentor really helps you so much Because I make you understand things like much faster. You have somebody that guides you step by step and You know Bruce knows the job that we've been doing Yeah, I mean it's it's it's really good Joseph and really good discussion Thank you the It is funny how you know There was a trading book. I don't know I read years ago Maybe someone who can remember it But there was a This this one professional trader and he was trying to teach someone else how to trade at an institution And this guy came in and he was in the military And he diffused bombs That was his job To you know go out and you know booby traps or whatever it is that that bombs that did not detonate and to diffuse them and And he started to trade and he you know lost control and it spiraled out of control He lost a lot of money and he came back to him like whimpering to the professional trader and this I can't do this Out of all the professions in the world like you know the the amount of risk You would think that like this guy could understand risk management and fear. It's just a totally Foreign and and and different thing Than these other professions. So yeah, if this guy can't handle it, no one can you know, basically You have to learn it in a different way Yes, sir Bruce. It's totally true. And that's the reason why it takes patience And you know not everybody has that kind of patience even if you if you train them But who has them, you know, can I like result that are amazing because this job can simply turn your life in I've been seeing traders that simply Change in a couple of years their life, you know, I just interview a trader that is a friend of mine I'm sorry He's part of the room was part of the room for a long time is and you know, he made the seven figures After so many attempts after years of trying but he eventually did that is not the first one that I've mentored that he got to that level So we're gonna put out the interview this week will be pretty cool So we go over, you know, really the The stress that you went through what was the strategy and the strategies different for every trader You know, not every trader will trade the same strategy. Not every trader will do will trade in the same way And that's as I said before is totally personal so good points About today and I like to discuss these things with you Yeah, I mean it is great because you have the the depth and experience And there's so much more beyond it and and it comes across so simply when you're saying like I'm not gonna take it It looks good, but I'm not gonna take it. I'm gonna wait for this. This is not my setup And you don't really you can just let it go by um, I the fear of missing out on profit or a move is Very difficult. I think for a lot of traders Exactly, exactly. Yeah, you seem to have that one down really really well Exactly overcome that Yeah, yeah, no great great stuff joseph Um, I got I got a question here from uh, well, uh, Taj says thanks for showing Tesla Does this mean that at 140 there will be a lot of sellers? um maybe Yeah, take a look at Tesla we are in um downtrends since uh Many weeks over here and you know, they're simple like uh killing this company The first main level over here the last 10 days was this 180 Now we are around 136 and we have still potential to unwind over here to the 130 so really There's a strong Tesla over here the main poc that we had uh Last week was over here at 158 The starting of this week we started to reject at 158 and now we brought that poc so the point of control the high volume note over here the volume profile at 150 I believe that we will have it by the end of the day lower Possibly over here you can see that we're we're raising this high volume note. So possibly over here we're gonna Have it at 140 141 The point is tomorrow if we're going to reject the 141 this will unwind to 135 So careful over here, uh, you know trying to buy dips on Tesla Personally, I'm just trying following every single day. I'm just trying following and the plan for me today was only to look for shorts and uh simply just waiting over here Right now and we have another wedge So potentially we could see a 140. So a test over here this year and a rejection And more unwind Yeah, yeah sounds good. I mean look at the the order flow there and and book map and uh, they're just it's Hard to see some sort of edge there Yeah, exactly This is our multi-day tesla Every single day pops and then dies pops and dies poppin dies right now tight wedge And he's still the richest man in the world I Believe that is not anymore bruce, huh? Oh really? Yeah, I don't know if I'm correct, but somebody told me in previous days that Uh, he's not at the richest man in the world anymore I think he burned like half of his uh, if wealth, but you know, I may be wrong, right? I may be wrong Anyways, we'll send a panettone for christmas Oh Tesla over here really untradable today Not like yesterday. We need to see a breakdown Of this wedge and then I'm starting to look For sure. So I'm looking for this kind of pattern over here Right now it's simply untradable So let's go to check also Sint So you can see traders sin to be here So we had this three-way pattern I'm not sure I didn't take this this trade over here Uh, I missed though the good setup over here for a long exactly to this Deep area and that's essentially from my From my strategy over there to get the long So this is the long play on Sint So right now we are SSR stock the stock that floated in multiple times Float was around 500k So what we're looking over here Is another wedge. So I'm doing the same plan as before Or in this case, we have a tycoon solidation and push Or a push the 14 major fake out and then unwind Okay, so Two setups over here. I wouldn't log right now. I want to show it right now. Just waiting for this Trend break over here 14 if you can have a push to there and rejection, then I'll be looking for a short I'll liquid it over here It's a 1335 more 1380 and more over here at 14 Then we have a lace All morning Simply married over here to the day lines Major fake out over here. I didn't take this but I remember over here. I think It took it pretty pretty good. So beautiful trade over here by By mad. So showing the popcorn and dips showing pop dips showing the pop over here in the 240 and We're here in the j slam 235 Nice over here price section, you know, they They ripped it over here. They were looking for a breaker right away big soda jumped in Simply sold a ton of shares. Look this volume over here A volume at 1.8 1.7 over here for the minute So Good job over here on book map We're seeing simply that that is the level of fake outs you can see traders And this we've seen like over and over and over like in so many Previous videos we even trade stocks like this often Again a little bit harder today to get a feel because if you get a feel over here, really you're you're super good Or you have updates because this is nssr But you can see over here at tops of this liquidity exactly this point And then it came down and now holding the view up. So this is your fake out over here Okay, this is the major faker that we had today on on ASE nice But what i'm expecting now No trade for me again. I'm waiting for that daily resists 260 And nothing else Yeah, yeah, they just told me bruce that the richest man in the world is bernard are no CEO and Chair of louis viton nsa richest man in the world Yeah, yeah, yeah, that's that jake here had written in youtube there so the luxury brands Yeah, you know a lot of fashion. We know it. Yeah, I do I remember. Yeah. Yeah. Well, I I lived in melan for a bit and I saw some of that stuff but That was about it It was always funny to see the Uh These really, you know tall skinny like models like walking around with a map in their hand You know just with a kind of bewildered look on their on their faces So I imagine now it's you know, obviously with an iphone or something but Sorry bruce. We just had a trade over here 119. Sorry on On meta, let me bring up beta 119 and 60 I will share the chart as well in the book on the discord room so meta over here For a major rejection. The reason why we have yes is just like unwinding. You can see over here that I have meta Tight level at 119 and 80 We have over here trendline Now if you break this level over here, we're going to go 119 So that is the point over here another Bull trap So if you can reject over here again the 119 and 60 I will add more size We're staying below this level over here If he has unwind over here high chance High chance Meta will unwind as amazon is doing So in this case, we have the confluence of a signal Which we already analyzed this in pre-market I put already over here the daily resistance. So you can see this fit 61.8 119 We have this major trend and now we see a trendline break I want to see a rejection of the trendline and then I want to see a Pull back to this 119. So this is a fail setup scenario All right, so we're looking for a fail in this case And of course, I'm looking at the same time Cues spy. Yes, that are actually unwinding over here on our book map We can see our line Here so we need to see this rejection or 1965 will be stop break even The main point over here is to follow Spy cues. Yes as a guide. So that's 62. We can use it as a risk So adding over here to the position On the ask at 55 56 So risk in that 1964 25 So the initial position was about a quarter position Yes, quarter position and then over here we have this tight risk So you can see the trendline break and rejection of trendline break. So this is what I'm watching And you can add over here the remaining side But being also the time of the 1130 you can even trade only a One third or one half size Which is more than enough. We need to see that wind over here of the cues for now cues are holding. We need to see a breakdown Same as yes. We want to see yes at 3900 So you can see somebody here Cancel from this resistance in 1962 We have some support 1930 not that big Yes seems like breaking down so right now yes is Giving a little bit of break And now we move the star break even as I said I'm sharing the chart in the book map discord room so we can go and review it And this is my only trade on method over here that we're looking for A fail to the 118 and 90 119. Let's see but against spot traders You can spot traders the reason why we had the confirmation, right? So we had that book map We had that heat map and we're looking for that on why right now Same Amazon is unwinding Tesla is a little bit Morse no tesla wanted as well breakdown of tesla that support So I think we're gonna have our target of here 119 Still no reason to take profit And now stopping the money 19 and 35 Meanwhile another stuff on the synth 119 and 10s We don't want to take too much profit too soon because if this unwinds the 115 today We don't know right first level where we can take some profit 119 and 10s sharing the chart in the trading room and in the discord room And now we can see why this is some bouncing over here So we have the Q spy. Yes bouncing some so made this just like Following along that We can add the rejection over here on the spy and yes, so made that should Find new lows over here. So you can see the 916 You should probably see that 119.00 You can raise over here half of the trail now 119 and 30 In order to lock in profits in case of reverse to the upside Looks like curling down over here. We need to see the break of this 13 and 12 13 over here hit and then Trying over here to build over here Uh, some longs of support If spy now cracks This support will go simply away But we have to know where we have to trail and lock in in order if this goes back to break even We still have a win So 1935 to trail half of the position over here You can simply right now just look at the order of flow support Cancelled So somebody over here was looking for it that did buy So reason for me to look now for that 119.00 Yes and spy and cues making a bear flag I'm going to use this 35 over here is trailing traders Until we are below we're going to hold full size And spy sideways in this moment Okay possible trail over here 35 Yep So yes bouncing spy bouncing. That's the reason why over here we see this Uh, this bind over here not a really big bind pressure But just like this uh the small bind over here on this 119.40 on Uh on mate over here same thing happens now on Tesla and same thing happened right now on Amazon. They're moving all along together All right bruce Any questions any more questions? Otherwise we think we got you know Some stuff over here some points about uh man and discipline Oh, sorry joseph. I was just talking. It was muted there. Um Yeah, no no no questions here. Um, and uh Except are you all out of that position or half? Yes Yes, all out right now. Sorry. Okay. All out right now because we're trailing in the money So once we see the squirrel over here above 35 you can trail And then at 50 use that half the number has trailing the rest in the money. Gotcha Okay, no good discussion joseph great great great stuff. Uh, and um Got got a position here and and uh, just uh, how you managed it what you're looking for And the correlations Great stuff We can wrap it up though. No more questions that I see Okay, so Merry christmas everybody. So, uh, enjoy your holidays. God bless you and your families See you the next week. Take care bruce and all bookmark fans and thank you very much for supporting us See you next week. Goodbye