 Welcome back everybody to another stream, hopefully you guys are doing great. There's information, there's a general disclaimer, everything here is educational. The rest you can paint yourself. Done, let's get started. Yesterday, pretty interesting day. Been at ES and Bitcoin. Had a bit of a disparity sort of bloom. Nothing sort of to disheartening community today. Because again we're just looking for yesterday just to set up for today. And you can see how it set, how we had a nice little sort of pushback down again. Went in the way that we wanted it coming out of things. But Bitcoin ends up just reacting totally different. Which is not always a bad thing, but sometimes it is. God damn, please Jerome. Make it pimp so I can do it. Oh that caught me so off guard. God damn it. Okay, back to my train of thought. So Jerome has two o'clock to mess things up. Prior to that it should just be pure setup. So everything here should sort of give you sort of signals in terms of where the price may sort of inevitably go. If you sort of look at and still contrast what Bitcoin did and pull up. Yes, as a contrast you can see when New York sort of ended up hitting out start contrasts. And if you sort of add in gold here as a little side of the old layout. Okay, so if we bring out all three and there's this new sort of new obsession. You can see when spy ends up making this downturn, everyone sort of luded their sort of money into either gold or Bitcoin from the looks of things. Sort of some narrative looming, but to be honest, it's what we discussed if price went down like this again. It's nothing out of the ordinary. We're looking for 50% to come in as a slam. And now we're sort of, we got that was gold, which was what we wanted. It's just very nice, a little easy aside for gold. Just to say that, okay, cool. Here's the flush. This went down. If we're going to go higher for the week, we're probably expecting this to go up higher. But if we're going to be going to slice things down, it shouldn't look like this. So we have, maybe if we come back down this, let's it go up higher a bit. We can then push this down flush this out. But again, we've got three weeks of madness and three weeks of pain looming. So I think that sort of spells where we might be going for the entirety of the week just because we are getting a more bearish outcome. Just just looking at how things are setting up and the sort of building that bias priors coming into this week. We have a bearish couple of weeks ahead of us just because how things normally work out. And that's over the course of 20 years, not over the span of, say, two or five years. So it's not insignificant data sets that we can easily ignore. We already have our first sort of pivot area, which is the current news that's coming out right now, which is there's no fun. That's tomorrow. It's not going to be fun. Yeah, we have nothing coming out so far. 10 o'clock seems like the only bet then bed in straight Thursday, non farm payroll trade balances. That's nothing to scoff at either. So it looks like Wednesday is not going to be the end be all or end all. So it looks like we can have a small reprieve here and it doesn't have to sort of be that if it goes down today or continue going down for the rest of the week. So we hold some importance today because it is interest rate decision, but we're not going to put all our eggs here and say, okay, it's always going to go down. Because yesterday it was sort of two options that we're looking for and we'll sort of go over those again. One of the two things that have happened either we came in here, it's slammed up high and we sort of had a flush. We have a flush liquidity follow ES and follows by and just continue back down and have a repeat of yesterday. But instead we just slowly accumulated sure and I'll show you that over. As you can see here, this is sort of what you're looking for when you're sort of squeezing out things. See that sort of load in my downloads and again the more slow we do things the more the more we build up the more likely we are to sort of push it out on the other underside. And it's also coming in an area prior previously sort of accumulated with short again. Nice little block here for us to say, okay, here's a bunch of shorts, but adding more to it push up. Today is the day where you go take or you go broke. Maybe me and we hit up into that 50% but notice here that we didn't really get too much volume and it was more shorts and the additional shorts here just sort of led to believe that, okay, it's not over in terms of trying to take out high. And we ended up getting that second swing which ended up coming there. Then another slower consolidation with more shorts led us again to take that out which is in small triple top and a large triple top. Nice little sort of side if you wanted to take that short that would have been either here or much later on as in sort of here when it sort of consolidates into the long side of things where sure you're getting a build decent build up of shorts but you're stacking those under where you have a large amount of longs. So relativistically it's favored to go down then it is up off of this makeup. And down we went and we end up again the slow down and slow burn so you're not looking to be into that short for too long. Just because you're seeing that sort of stack up you're seeing these shorts stack up so you're looking at this like it's a short but it's not very amiable. And then there's where that pays off in terms of having that sense that okay they've clearly built a decent amount of shorts and just taking this segment here. You can see that splits nicely here and you have that higher level here where we start building up more longs. Then finally you can say okay we're off at this stage or you're off at by this point in time you're like it's not something that you want to keep going for too long just because you should have enough sense to say give up the ghost and just sort of don't say oh yeah it's definitely going to slam down and it's definitely going to go this way because I said it's going to go whatever you trick yourself into believing just look at the charts and then just see what the numbers are saying and see what the colorful bubbles are saying. Once they cleared that liquidity out they felt free to say okay all these guys short now sort of punished going short here and their stops were most likely placed here. As you can see once we hit this area here you had that massive injection of liquidity and it gave you that second swipe to enter into as a confirmation. Now we're getting similar similar things going down slower but we're building it up short whilst we go down. This is always a nice little pressure as long as it sort of moves along with price and moves down with price it's a nice little added pressure. If it stays stationary or even gets removed entirely it just becomes a squeeze target. They're just tricking algos they're just tricking players to say okay we have a bunch of shorts here what are you going to do? Are you going to go long? No we're going down or we're perceived to go down so they start shorting so you're looking for them to start selling. And again if this does not move as price it becomes an area where you either look for a retest or you look for it to be removed when price comes to that area. Good morning bro, how are you doing man? What is the volume when big bubbles appear? It will be stop on so big bubbles are stock. So bubbles are market buys and market sells these red things are limit buys and limit sells simple as that. Also everything on the order book is on this side is limit buys limit sells everything else is just a let's claim market. And anytime someone gets stopped out it sort of translates or liquidated it translates into being a market buy or market sell. So one of the two things either people are breakout buying there is no second best. Generally ES was looking to come down I mean you can see that from here it was going to come down it's just matter of fact does bitcoin push down. It doesn't matter. I don't hold too significance to the exact figure just because it doesn't matter. I can have the tool tip up there you go. 1500. Just say give or take 1500. And only 39 on the outside so only we had 39 bids at that price and we had 1500 is the absorbed essentially in I hold real to be honest not too much significance to the actual numbers because people start getting confused and it's just simple that okay you see big dot. That means we're sort of we're collecting you just seeing the patterns. And there we go we went down bag got removed so now we're looking for potential point where they can squeeze these guys the other way. So it's a nice little stop on it and I think they'll maybe try reach for this. It's very close proximity. See how greedy they get but coming down prior to two o'clock is always a good thing for the walls. Very good spy together. There we go. So close on you can do it. Actually doing it. No, it's not. There we go. Fine. Or if it's just upgraded my PC RAM may try soon. Yeah, definitely. There we go. Finally hit those guys. There's 1500. Yeah, I should have a referral link somewhere. I don't know what happens to those. I think it's I think it's on my all my links, but I don't know if you get too much for this. I don't know what the discount rate is. I'd recommend downloading edge or like using honey. See if you can grab some discounts off there and compare the two because again, I don't really care if you use a marathon or not. Just find the one that is the cheapest. And if it works out that my referral links the same as everything else and sure go for it. And to be honest, you can get by using the free one. Yeah, book map is really intensive on system resources, especially if you keep it on. Again, another pressure. They're just trying to keep those guys short and trying to make them so they don't they don't ever think about going long. But this is the point where you're sort of you don't want to go long now. But you want to think about it. We're just digging deep. But we've liquidated everybody that we know and we've added more people going short. And we shook out a bunch of spot traders. If you go on spot, I should show you. There you go. We shook these guys out them out here. So this is just this just free real estate at this point. You can see everyone just selling just sort of panic selling some buying. When it's wrong, but mostly sort of panic selling. And you can see the whole entire state was just people selling because they were just scared because ears was going down. Then they made them. That's why they sort of consolidate up there just so they could get a couple more people interested in buying and ended up working out in their favor. Now just watching this. It's always nice to watch this like this. They just waiting for them to sort of remove this so they can reverse it again. Same person that came in here is coming in here playing the same amount of volume. Just playing that pressure. So the bids so anytime someone sort of sells or buys gets panic so they panic because it's not going higher. And they're like, okay, maybe it's not really advised to go along here. So they either get they get week handed out. Or they go short here and they get punished for going short at a later time. Should be an easy sort of swipe easy get. It's probably going to pump after the fact. Yeah, I mean that's probably cause that that's why they sort of push down. But you got to think that, okay, the volume. The volume is not pivot or continue downside. Because if they're just letting this if they're letting everybody and their mothers go short here, they're not going to go down until they sort of clear clear some people out. Because remember the next pivot they have is that 10 the next sort of ones up to not nothing coming in mid week. I mean mid day rather waiting for them to push it just waiting for them to ultimately come back and say we're done with this. Once they're done with this, they'll sort of dig back up higher. If they if they're never four passes to go down, they will go higher. That's just how they do. 200 walls bother me. No, this is a solid wall. I mean, look, there you go. It was here from there. So it's something that you can sort of count on to be here at some point and even present on spot again exact same person. So it's something you can count on being here at some point in time. I don't know if they do it in one soup or they do it give you give you this. I'm more inclined in this just because there's a lot of people that got went short here. There's a lot of people I got punished here. And then we come back up, let those guys get scared off or liquidated because it would be a very sort of tight stop on entries on these. Then we sort of continued back down to where we wanted. But general state of things looks nice. A decent amount of shorts cleared out. Adding more shorts can expect them to be cleared out at some point. If we're looking for a pump at two o'clock, probably need to start getting moving more down. So we need to start making this recovery a lot faster than we are now. We need a faster recovery that leads into a faster push, a secondary push. Then that leads into a faster pump or a more aptly time pump. Tom was pumped. It's funny. We always count of one charted. I'm pretty sure I charted this. I've never looked at this. Who would have done it? I mean relative to what it's been doing over the last couple of hours. Ten we pump, two we keep pumping. You only believe in the pump. There is no dump. Is that what you're saying? There is no dump. I mean, they're keeping everything tight during Asia and the back end of London, which is always good. Only up. I've heard that before. Everything sort of super tight. Just waiting for it to go up. I mean, like this recovers, then it goes down. Then it's just the ultimate question. Are we in the right place at the right time to pump or is it going to continue going down? Because the old added verb that we always follow for news days is just do the opposite. So we pumped high. Before a news release, we go down. So before the 8. 8.15, we're going higher. We're collecting long. So we go down. We collected shorts. Now we expect to go higher. If you go higher before 10, we're going to go lower. If you go lower before 8, we're going to go higher again. We're just giving those guys chance to do the opposite. And the bar's not fully closed out yet. So yes, it's 9. Oh yeah. One million by December. I think that would work if we cut the supply. Therefore increasing the share price. It's almost an interesting one. I mean, it looks like a trap. It's a nicely well-lain trap. If you're going to think about this coin, it's only probably going to think about a short rather than anything else. I think that lines up with the previous section. So just get rid of the one all the way here. Weekly. We're going to believe. Only believe. Nothing else. Historically worse. The worst couple of weeks. You're going to be believers. I mean, yeah, if this is. This is trap if I haven't seen one. Yeah, probably like decent to start thinking about shorting this. If you want to grab it. That's the only position I probably think about being. You can just see how high these guys are. They're going heavy on these longs here. They're going heavy on the longs here. Just sort of spells nightmare for anybody just going. That wants to go short. Don't think we'll see one anytime soon, but I'm a player here. That's what they call me a player. That always hate on these. I mean, it's a decent amount of people that went. Again, we're just moving counter to. Bitcoin is moving counter to ES. So it's never really too nice. You want to sort of start lining ourselves up. So. Now, sort of probably a decent time. We've had that large push this sort of state stagnant. Again, if this starts pushing up, we're going to push up with it. Then you will find ourselves. You're going to find yourself. You're going to find yourself. You're going to find yourself. You're going to find yourself. You're going to find yourself. You're going to find yourself. You're going to push up with it. Then you will find ourselves at a point where. This is here. We can sort of push it. I mean the order. It's still doing the same thing in terms of. How water goes. Still just building out that out that it's not following it. You can see those longs coming into it. Those are the guys that we're looking to. Punish with this wall here. Keep these guys under if we start absorbing at this wall and not removing it. Then we'll stop. Taking our heels in. And pushing further down. I mean it's slow. Something like this wouldn't be too bad. But I don't think we can. Again, it's just all depends. Because. Like I said, we had scenario two scenarios and second one played out. Which was a bullish one. But we had that build up short because we don't know how long they're going to continue this for. And the longer they continue this for the more we are. Inclined to believe that they'll they'll push back up against it aggressively. Because there'll be a lot of liquidity available to us. And right now we're just seeing an addition of long. So it just looks like they can easily manage a bit lower. That's something that you want to always be wary of. Everything is just waiting for the interest decision. So everything is just going to be pricing. Pricing that in. Because again, they made yesterday. So they already know what they're going to say today. And it's going to be no surprise of course. So it obviously makes sense to start pricing that in using other. As many short news papers as possible. Once we can grab. Grab those figures again. Price will chart that in by making people go the wrong direction. Because that is the whole goal of trading. Make people go as straight as possible. Straight as possible. And then of course correct against them. Nothing sort of instantly screaming bullish bullish bullish. Level support here. We can see this where it fell outside. Push back in again. Spring boarded here. Digged here. Now falling below here where we're building out that short. Make sure of shorts and long. You can see those there. We get into that. A decent amount of volume just buying. So maybe we sort of let these guys sort of feel some level of hurt. By pushing these guys a bit under. That's something that you want to look out for if we start. And theorem does have certainly does have that. Let's do that same as Bitcoin. It has that secondary level. Because right now it's just stopping at a stock hunt level. But the additional level with this and same similar to this. Where we have just this area here. At 2800 to sort of collect outports. If we need to. And I think that's becoming more and more likely as time goes on. Just due to the fact we have that level of long coming through. Instantly sort of flip this to a bearish to bullish. In terms of delta wise. So that's 1200 Bitcoin for whoever wants that. Yeah, lots of longs opening. It's always a stupid decision to be partied with them. Especially on a falling knife. And this is the only thing where people say don't catch the falling knife. But they do. And that's why it continues to fall is when people start to get brave and catch it. You want to try catching it when you don't have people besides you. You want to stand alone. As long as as long as you can possibly cat and be because you aren't going to be too alone. But you just don't want to be with the rest of the crowd. Especially considering that's never a good look. So it looks like we're going to get the earlier drop without too much recovery to the high side. We still can afford a bit of recovery. But again, not going to sort of run away. So all the way up here and come back down. We're expecting probably much lower. I think we'll set our bar here as a sort of if we do come up is where we can grab more or a short side. But if we do continue down, we've got to start thinking about the 800. Start thinking does that come where we pivot off of. Then we start finding ourselves a bit braver here after cleaning those guys out. Because we need to start thinking about how much short we ended up accumulating and when we can get rid of these guys. Open some orders at 2800. I would wait to see. And you just wait to see if it comes to it because you might have to grab it a bit higher or a bit lower depending. And I would always advise against showing beds. Especially if you're not going to be by beside nursing the whole day. Because you get your clear sort of cut where we're going to go at these specific time intervals. Because you don't even need to pay the charts for about 30 minutes between 10 and 1030. Then next time you're paying attention is probably going to be between 130 to 215. And that's about all you need to look at the charts to rest and be sort of away from the screen. But you'd never guess that there were a bunch of longs that entered here just by looking at this. And this is just where the value comes in of having the orders open. Yeah, we know a bunch of his sense went long here. So yeah, they're going to... Any sort of decent long will be or very presentable long will be especially the shape of this will be presented with a double bottom. You're just looking for that double bottom once you grab that. You're pretty much scot-free. Either be a deep-seeded double bottom or be one that looks like this. Nevertheless, double bottom is what you're looking for. You guys know what you're doing today. Keep going. You guys want more charts? I mean, this set had a nice little set where you got rid of everybody who sat on the south side of things. Now we're sort of up here. People expect maybe continuation, but I would sort of be ill advised against that. So if this is trying to look down, we may start believing inequities saying, oh yeah, long it goes. Up and up, who knows? Generally where this came in, you can see the volume starts picking up. But the sort of highest volume area would be this area here where it was previously. There you go. Here as well. So that's sort of, again, we sort of set ourselves. We need to dig deeper. If we need to get that double bottom to push this off, get rid of all of these guys. We'll probably look for that deeper. We do have small areas where we can stop a bit sooner. But generally, we can sort of maybe sort of start throwing air to the caution until we sort of see some higher, higher points. Because it's easy sort of have a reprieve here, push up a bit, wait for a flush of liquidity before pulling up again. Instructions are always rapid movements. They clear out the correct side first and usually then they move. Long it, high drop. Not a bad idea. There we go. And there's that movement down anyway that we're looking for. We'll probably see it after it sort of concludes its downwards move. We'll probably see it recover a bit more, a bit more conviction. Adjust the sort of course some diffs comfort for these shorts. Again, that instantly here and you can see how many beds just coming through. They sort of flip those beds on the opposite side, just letting them gain similar reaction towards here. Just letting them make sure that these people who go and buy this buy this up are not getting too much headroom. You can see instantly sort of recovered those edits that went along here that instantly sort of got rid of them. Down deeper we go. Spider not really sort of, not really phased too much because I think it's where it wants to be. Nice and comfortable for now. And once we start, I mean if we start pushing it a bit lower or go up a bit higher into here and push back down. The further we move away the more this becomes a mountain. You can see how Bitcoin is relatively easy to move compared to spy because there's a lot less liquidity. You can just see this. Now you can sort of take a screenshot anytime you see something like this where you see a falling knife. And it looks like this, the knife will continue to fall and you'd have been comfortable saying, let's see you don't have this, you just said it's been comfortable. Oh yeah, no, look, it's tripped those tops and we go along. I mean generally looking at the whole week, we haven't sort of taken any weekly highs or lows. Tuesday just traded inside. So it just ended up being Monday, which decided the entire week's range. I mean, compared to where this came in, Monkey's Uncle. Oh yeah, because it's over here. Okay, essentially it's over here so you're high and low over here. This sort of went well below this. I'm just distracting myself because this is a boring part where we're just building and anticipating. Longs don't want to close. Oh, they're fighting this. But eventually they'll say enough enough where they're just letting other people that ended up going, well short here and here, they're letting them run away with too much money. They've got to push back and they're starting to be more short than they are. These longs are not making it easy for us to try and say and we even have it set up lower. But we're starting to come to the point where we should start thinking about this potential sort of long side push. We'll see how far they sort of dig. Generally, we definitely see lower but mostly towards where we're expecting this to be at 2800. ES, I mean, Spyder or other, not really too far down, just sort of took out very sort of clean controlled sort of stops. But just staying within its sort of boundaries inside its range and not really going too far outside of the back. There's the range set, there's the way it pushed. We'll see if it comes into here then just start continuing to push it out. I know eating too much on the long side but still have an adequate amount of longs getting built out. So it starts to become everything they did here. Has it been sort of coerced and flipped to the other side? And you can see how instantly this recovers. So you can see, yeah, it has definitely sort of done its share where it cleared everything out, sure, but it's collected everything back. Still still sort of throwing some caution. What we do at once over was what we could expect coming from today, ideally. So right now, I mean, we're still within this weekly thing, so we're expecting during the week to either break the high or the low. Otherwise, it just becomes very much neutral. But we're expecting it to be negative for the day after the week anyhow. A very nice range, as you can see here, where we've tapped it outside on the Tuesday leading and beginning of Wednesday, which tapped it and tapped it. Now we're sort of pushing down, building a collection of shorts, but with some caveats in terms of having an adequate amount of longs throwing a spanner in our works. If we're expecting it to recover and expecting some bullishness, we're expecting it to reject itself somewhere around here at an upward swing and giving ourselves either a double bottom by digging it and grabbing the stops that were placed here from the longs that were entered here. Or we'll expect to sort of throw it in and grab itself here. That's sort of your bullish circumstances. Again, everything sort of has an expiration. Ideas will change depending on how long it takes to form. And that's sort of the key element most people miss is the time element. So a first sort of time interval, we look at boys sort of 10 o'clock to sort of cement our next sort of directional pivot. We had 8.15 to push us down, but that pushdown was sort of build up a short, so we're already falling at that stage. So it makes sense to sort of try and counteract that before sort of 10 if we're looking to actually go down. Because otherwise it just becomes sort of a very much slippery slope. In terms of bearish ideas, much of the same. If we go up higher, again, it starts deviating and we start looking a lot aggressive by 2 o'clock. We start collecting a lot more longs than we should have. Then that sort of comes where you flip bearish. Again, the whole idea of today is just to do the opposite of what the majority of bids are. Again, if the majority of bids are short, we're going up. If the majority of bids are long, we're going down simple as that. The only thing you've got to sort of pay heed to and be mindful of is when you're entering before 2, chances of getting swiped by a liquidity sweep before it sort of pushes up. The two of them are usually very high just because they like to do that because let's say you enter before because you see a bunch of short. So you want to be in a long, but they swipe you out your long then they continue on. It happens more often than people let on. That's just how they work. You rather give the shorts a few seconds to breathe rather than giving them longs a sort of free ride up. But you can see that things are not moving to one to one. We're getting a green candle here. Magnet shoes are well off. But again, we don't magnitude it rather we follow the following. Is it closely linked or not? Again, we like them to be closely linked. So at some point, if this starts pushing higher, this will snap very aggressively to the high side and you'll forget about all of this sort of longs. And you can see they're already sort of trying to shift that to do that because grabbing longs sure. But at the same time, they're sort of letting it go down a bit. And in those downward swipes, they're just doing more shorts because they know they can grab those because they got them here. And now the people that entered here on that long are scared of their long so that they can easily be swiped out and easily be shook off the trade. And of course, the same thing goes to the ESR in terms of biases of what we're sort of trying to do for today. I mean, if you sort of grab high, the high, I would say our lowest here. You can see how it's not really too, we're already sort of very far off our weekly range. Well, that's the Monday. The Tuesday, you can see Tuesday is just well up. This is well about sort of what 80%-60% people take. I mean, 50% what comes in around here. So yeah, there you go, perfect sort of viable. 50% is what comes in here, the entirety of true sort of weekly range. So again, we can set ourselves some targets. If we take those stops out here, we could look bearish. That's pretty much all you're really expecting out of today. I mean, there's sort of that escape. And you'll probably be able to grab an easy double bottom just looking at how things are forming right now. Pretty easy. I think sort of difficult to make sure not to get too focused on what ends up ultimately printing. Because regardless of what number they print, they would have priced everything in. It's just a matter of other bids being coerced short or long. That's the majority of things. And that's easy sort of attainable because is it tricking people by going lower or is it tricking people by going higher? That's where just doing the opposite comes very handy. I think yeah, that's about it. Thank you guys so much for coming. Hopefully you have a great trading day. Make sure to trade safe. And I will catch you guys tomorrow to go over the fallout. One vertical line at 10. Bye for me. Stay safe guys, peace.