 Okay, welcome back to another stream For those wondering yesterday There's the map one Yeah, this wasn't up So yeah, I couldn't really do much About it That's neither here or there So let's get sort of started with Trading With yesterday's review The pod's up yesterday If you wanna watch the pod just for the sake of Obliqueon But yesterday We sort of said down Came back into London here New York rather But I think it's decided not to work Oh god damn I'm so blind Okay Maybe I'll finally be working God damn So we're looking at down We said sort of Mildly entry here You can see that Came into complete here Partial entry here would not be too bad Let's sort of save that And say okay worst case we're looking for here We see that sort of open Territory, this sort of greed play We could sort of hold out for We sort of come in We sort of mellow out here You can see this which comes in Very close to taking us out of The sort of position here And in some exchanges you're probably You're probably sort of Might be taking out Depending on your spread But you see that sort of stop on Of that London range here That sort of stop on Leads into a rise And you could easily take a profit On that sort of first swing So first swing here And then re-edged back on the Second leg here Crazy two weeks I know man, crazy two weeks Like a lot happened That was sort of midday one o'clock We sort of look at the news And we see that come in Yesterday It was Wednesday, we see that Oil o'clock Remember we were saying one o'clock Was very important, we had that Ten year auction, we know that From here to here We see that uptrend, we want to hit That reverse button as soon as one o'clock comes And you can see that one o'clock They sort of end that at two Fifteen We'll go back and look at our calendar Look at two fifteen There are about two thirty five They start with a speech Versing again, it's just very much A Affectation of What's happening in the news Echoing sort of A sentiment But like Super cool how Without looking at sort of Raw data you can just look at sort of News and just say okay you know what I suspect this This and the third to happen Totally based on the fact that We've got, we're doing this Prior and we're leading up To this Then and also We're going From Taste like Numbers are good, numbers are predicted They meant prediction and so on and so forth Today still got a lot of news coming in You can see that Plain and clear got some speakers Coming in at nine forty Fifteen and forty five nine forty Nine forty Also ten forty ten Goddamn these guys are not leading up Yeah It's just relentless, wow Okay, I'm going to be crazy with all this This much This many speakers Initial jobless claims Why is it up? That's not really good I I'm going to show what we I mean to what we sort of thought Numbers, I mean numbers are like Decent, I mean you can see already The effect they really had on Sort of Okay, now it's time to look at the big boy Bookmap Sort of Go from there Sorry if I seem a bit out of sorts But You can see that sort of long territory When we talked about that already I'll be short territory We'll kill heavy logs We start peeling it away We saw that come across In the morning Asia led down to the New York session We came in The first area taken was here You see that stop point coming From that New York range here Then we pull it up One clock comes in here You can see those buyers coming in People are like, oh yeah, let's buy this Instant regret Stopped out Or liquidated rather Pushed out and you get a nice little double bottom Pushes up to that view up And you can see that sort of This sort of areas outside We sort of trade internal Trap more liquidity And then pull back And again it shows very simple sort of strategies You don't even need to look at sort of where bids were You just need to sort of understand Okay, these are what traders have been doing This is what they've been developing You can see this sort of heavy sort of offset Of logs coming from this sort of structure Here As you can see It creates a nice little Top comes in Collects more logs Then just pulls back On that sort of view up And just decides to repair it You would You can see that Gets a bunch of sort of trap logs Pulls away And same thing here Just trapping more logs You can see we're going to be doing the same thing Eventually again We're coming in lower This traps logs So we've got a lot of sort of Stopped out on this Sort of a wick here Or this sort of Little sort of Hit Looking for some level of collapse To try and get the new logs out And then the rest of the logs out And this sort of general sort of Had You can see they've got All these guys out here Recollected all those All those logs here So we're looking for a further sort of spike 3400 Who knows And from there We can maybe sort of finally Hit our numbers that we want And then finally hit that 1500 I've been so desperate to hit For so long Because I mean he's been leaving this open For a very long time and it's just been Sort of out there In terms of sort of Where are you trading If we reject here We're sort of ever so more bearish And it'll be a great sign That we want to pull down Again to sort of Be bullish You're looking for breaks higher But you run the risk of just This leading to a stop And then just healing down So you want to see a retest Of this area Or even the range here So you got a little buffer Where you have a retest available Then pull it up A bullishness but generally If we're coming up we can Just stop on the range and just pull down Just be careful With breakouts Especially Considering where things are relative to each other Looking at sort of Assass so we can sort of see Sort of profile wise where we've been developing We can see yesterday came in Every sort of Push down from this area So down to this area Was time spent You can see that we're just coming up a bit higher So it looks like they're pretty much mellowing out But I still wouldn't put it past them To sort of target this Sort of area you can see We already have those Walls present on the book map At 1600 And this one's coming in a bit lower You can see they all lead down To that 1600 1600 Where we have that Low for the 14 Let's actually go back Flip to book map and you can see where We have bids entered, you can see They had sort of thick bids entered at The 1600 So we can remove those Pushers a bit higher 16200 rather Goddamn, yeah there we go Things just not reading right To that 1600 Wouldn't be surprised to see those come back At some point if we come closer To it So just keep those in mind And you can see that They can add and remove whenever they Feel like, just spoof it Generally it's not easy to Sort of It's easy to spot And it's not that hard To sort of identify it Looking at sort of Where ES is at, you can see That The sort of spread here and again If you don't know, there's another reason To keep everything open All the time If you look at sort of Spread as soon as the market opens This sort will widen Give you a nice sort of initial Initial range trade off to per se You can see we come in Just touch That bottom, we pull out Just trap the longs here Best case would have been trap a bunch Of longs here, but I think they got what they wanted And just can see that All the way down And if you look at an actual Chart for ES So I'm like saying yes I should not get made that joke every time ES Ah, good damn Look at chart for ES, we can see that Generally wants to be here to sort of retest But it looks like we sort of fell through here We came in And did the Sort of dip down to 15 minutes So came in and you can see that Sort of miss here All that pull of liquidity They watched target, just started bleeding All the way down, now we're sort of In our sort of no man's land Was like Ever so decreasing Opportunities This is the only real opportunity to sort of say Maybe we get some Counter trading upwards And that will sort of cause Bitcoin to try trade upwards A bit, but generally this is Very weak and you Want to sort of potentially look for it To sort of fell down a bit lower To that sort of lower target And I actually want to move this I should probably ask to Yeah, so we've moved this I did this for the prior day Just said the demonstrations to people We can remove this Remove this because the daily spread was I mean, it was here To here I'm not going to sit here, I'd say it was somewhere So nothing sort of too interesting Other than that from From ES Got a lot of volume nodes here Again could be some Semblance of a saving grace But it could just lead into Some retracement upwards Reconfigure some of these Longs in the market And sort of get rid of Some of the shorts that were entered in Prior And then it could further push itself down Into that sort of daily level Support Which is a much stronger level we look at And you can see that's a previous top here For that retest here Generally not too bad, but a lot of people Will be starting to enter into that You can see that Reaction here was A bunch of sort of stop A bunch of sort of iceberging Coming in With relatively few and far between stops Being here out Looks like it still needs to be aggressive On the downside to take out a bunch more stops But You see that wall coming in as soon as We sort of clear this level here Someone does a nice little plus Instant add and removal To add one for some reason So we're looking for A lot of Longs Faster we accumulate the Longs The lower our ceiling is Generally If we sort of take out time You're looking for a ceiling here And drop down So that might just cause Bitcoin To sort of spike the range high Then drop it on our faces You can see it's also setting up Similar levels just above The B-Lap That's something you want to look for Maybe we'll get to see it on the stream Who knows Now let's see Now probably want to go over and look at some old coins I know this is The point in time where people start Asking for Ethereum If you got an old coin you want me to look at Just leave it in the chat Happy to look at it If you look at Ethereum We're sort of much easier to trade than Bitcoin We know that we've been knowing that For the past couple of days We've been knowing that Since forever It's always been nice to trade From the short all the way down to here Drop it down Hit out into this sort of level Completed that sort of area here You can see a slight overhang And this is another reason Why I like using the raindrops So if you don't have access to Bookmap history Because you're on a lower tier subscription You can just look at this And you can see volume trapped here Volume trapped here if I go to bookmap And I do have history for bookmap You can see as soon as we came here I just don't know Ultimately zoomed in To get the correct time Yes, 17, 16 There we go Break through that wall, slight overhang Trap a bit more of that short volume Here then just peel away And you can see that Again, I've mentioned it before I think I need to reset Ethereum Let's redo that So 5 tick size feels Like it's not going anywhere with me So I'm gonna have to tick to 1 It just feels a lot I think more responsive At 1 tick size Just trying it out If I felt like it's a bit too blocky You can't get enough information out of it As you can see here Same level of torture coming in Just trapping a bit more And a bit more sort of short volume Ever so You can see they took stops They kept stops on the second swing So you can see a nice little leg coming in here Some potential Maybe we sort of Reclaimed a bit higher And we drive price higher With everything else Before sort of Maybe some sort of downward spiral Yeah, I'll have a look at Algo What are raindrops? How do you use them? Raindrops are a proprietary thing With a different platform Called Transpider It's just a nice little platform I like to use Like I said Like I said before If you're paying for something You should be paying for book map Transpider And training view and access should be your free options You should have like four platforms That will encompass everything you'll ever need to have You can have more stuff But generally you should be fine with all those things I'm just looking at it But generally you should be happy with those things Just because They're like super powerful Raindrops are basically another way Of looking at sort of Volume or where people have been trading And then the Volume at Position where people have been trading They have a whole Documentary Because it's a proprietary to their site It's a nice way to sort of split out A sessions and you can see First off came in high They stopped plant them But Pull those out and just rip them In a new one You can see very weak of the first First off second half came in They said let's get rid of all those guys here Take out all the stops And then push out price That No okay I want to look at quickly The weekly sort of profile For bitcoin Nice little addition You can see that Probably control for the week coming in Dropping down as soon as we Sort of come into that area here Now sort of pinning that As we sort of speak Again we're looking for Potential Time Fall down we've got like Four potential pivot points I think three rather Because it's one after another Actually yeah we had this There's no it's one Two yeah one two three So three potential sort of Pivots straight one after another It's going to be sort of Pretty pretty crazy And the better ones Will come in at the 10 40 Level because again We trade sort of At 10 o'clock open Rather than that actual New York open You give yourself a bit of a buffer and you can see Even if you've got a trade here You're happy with that trade At that stockpunt here You'd have relatively Miss little Sometimes you do miss it And that's where you have to sort of use Some discretion And For instance I say you're in here and you're like Oh no I can't trade this because I have to wait for things and you can use your own Sort of discretion and say You know what book map is just going crazy Office beat Just looking at it And you should get in and you can see On a weekly level it's doing This that and the third let me Let me just take that short Do do do do do do do do Okay I'll go so Someone wanted me Diagram we said sort of short that Into sort of the bottom Support became in Perfect sort of Trade from here to here All the way down to there You can see that sort of volume trap Now we sort of want this to sort of Flip bullish Ideally want this kind of To trade inside here Once it starts trading inside We sort of pull it up And we maybe have this To sort of things to go higher First sort of area we look Is potentially here where it might Start looking a bit weak But generally should sort of Clear that with With some difficulty but not too much But it's again just Depending on the next couple of candles If you like if you look to enter Anything sort of coming inside Sort of shallow retest Push it up It should be sort of good It's got these sort of volume Makeup to sort of say it generally Likes this number So I would consider it Not too bad already Again it's not sort of perfect Because again it could easily have Just been here to retest the underside So if you're looking for it to stay inside here As soon as it stays inside You want to see it flip this level As soon as it flips this level You're looking for it to come up First target here Then ride it a bit further Might be a bit too early to sort of say It's an absolute Sort of perfect long But it's sort of Developing into one so it may not Be too bad I just can't say great job Or bad job because I'm not allowed to It's against the terms of services It's just generally Not allowed to give financial advice That's a bullhawky Like anything I say You guys will Construe as maybe advice to sort of trade One way or the other I mean that's why I always find that Sort of turn of phrase very much Milwaukee If they say oh yeah You should buy this but not financial Advice or you should trade like this But not financial advice I'm getting distracted again Okay Let's sort of look at some other coins Looks like Salana Theerium killer Looks like the Theerium killer came into daily level Heavy sort of short here Completing this sort of structure Above the previous sort of volume set here Decent Again we're looking at this Sort of being range bound We said we can hit 15 We can sort of break that a bit See that sort of four hour sort of mid-level Coming in here at that 14 37 as you see we trade To that and just pull it down Potential long here Doesn't look too bad Considering still Definitely look to pull this up And maybe create a sort of Long scenario Stinger is bitcoins already looking We had this sort of retest on the underside We see what ES is doing because it's mainly Sort of a backboard of ES whether we sort of Reclaimed this higher levels Or just sort of crash into oblivion Looks like they've developed A bunch of sort of longs Just in the interim here And depending on if it's Enough they'll sort of travel this up Mid liquidity sort of there already Prior to market open which is Sort of something He looked at us saying Okay Not sort of too telling But at the same time it's more More so about Okay they've already got this set up But this is a lot clearer In terms of Length But everything sort of is pulling down So this is becoming more and more like a hope We have all these sort of longs Appearing out you can see This one being the sharpest Area here As soon as we start pulling away they say We need to be more greedy with it We can get more numbers out of this But the sheer amount of iceberging Going on mainly on the Sort of short side Is insane so We've got a lot of liquidity Sort of willing to sort of Sort of say we can see There's 108 there You can see the iceberging it At an insane rate And Again it's something that you don't normally See Or it can tell it's happening unless you actually have it up So maybe it's just another Reason to sort of undercut this A bit further Trying to get these stops here Because again you can see how sparse it is With those actual stops Being here So just looking for Some stops to be hit Then when the stops get hit If this starts pulling down bitcoins starts tanking With it it just becomes Sort of nice little retest at that Sort of daily imbalance for bitcoin And pushes it down And this is why I said you want to weigh it out With sort of some coins Depending Because All coins and you can see That sort of goes with the algorithm Because it was testing the underside If everything sort of is at this Position where it could just Sort of retest and pull further down But looking at a very sort of greedy Sort of push That's the thing If you get a very greedy push down It sort of will sort of start Moving very crazy And once it does settle Maybe you could enter And that's the thing it's just waiting for it to settle up And before pushing further Because All going for the replay and the yes Is going for that further down It's very far To say the least And it's pretty surprising Because most of this was sort of A lot of sort of cell pressure I think maybe those cell pressure was absorbed At the same time That cell pressure came in That sort of high point here Got a bunch of lungs here But you got a lot of cells Like tagged here and here So that was sort of maybe A switched Someone was sort of offloading their positions To someone else Who was willing to buy it Like an idea Maybe sort of I should have read it like that Instead of sort of reading this But I think retail Had this one Oh yeah Inverse head and shot Wait for the retest Okay, but generally We're collecting a bunch of Cell volume And we've seen it was in book map already At the prior top Maybe this sort of creates A level that we talked about Maybe slight Upward swing Maybe creates a retest But generally this is a stronger magnet Around here So I'm starting from this point Have a buffer And then that's a If we can bounce off that And maybe we're bullish But I doubt we're overtly bullish Because if we look at sort of gold We think gold's making a decent run of it Yeah, gold's been making A very sort of decent run You can see it sort of finds itself here At this sort of level And finally sort of pushing it down It's in some level of support right now Maybe we can get that To push itself back up And try to target these higher Targeted levels, especially the weekly level Here If we sort of surpass the weekly level We can sort of move into a new bracket Within the weekly level Because gold is considered the safe option So if people are offsetting The equity allocations They're probably running into gold The more people run into gold It starts It starts going up And then it reaches a point where It's like oh you know what When you start reversing Where things are going So we need to pull gold down At the same time we need to pull the equities up Try and get them interested In one or the other Make sure But That's where you're sort of looking at And that's how you're sort of trying to define it And you can see the drop coming in For gold will lead it probably Down to first On then 1713 And you can see It should be sort of nice to hold those out That next sort of weekly range If it does sort of break it It is very high and it will be a very nice Sort of time For gold traders If you're trading long positions Or even scalping in general Sort of trade this range But that's sort of going off of the decline On these side of equities Another fun thing we can look at is Sort of relative performance So we're going to have this tech stock Because this will give us an accurate representation Or some level of accurate Recommendation for Sort of spot trading Crypto Or just crypto in general Because crypto and And technologies Are pretty sort of Correlated Not exact because it did have a High level of running And then crypto And you can see We had a nice little rise here With technology Performing The SP in terms of growth Relativistically It was a pretty nice day for tech Maybe we sort of see that Pushed down and you can see All those tech stocks In the news Prior to the middle of Amazon You can see I just had like A barrage of sort of sell-offs Considering They've just been doing really bad In sort of the stock market They've just been getting beaten up So maybe we sort of target this level To start selling off Start spreading in a sort of environment With these tech stocks And just go back to a previous sort of day In early November When Nero's sort of good as It was You can see that sort of August boom And that sort of massive decline Concerning from August And you can see Even still where tech was Performing the greatest last year Had this sort of pivotal point here And just since this year Tech has slowly been sort of waning And just faltering This is nice to look at Again, those who don't know There's a sector sort of correlation You can do it on trading view It's just nothing sort of fancy Let's see There we go There's your sort of ratios And if you want I think I can export this to you guys Do-do-do Do-do-do I'll leave it I can't leave it in bookmap chat I'll leave it in my chat for now I'll leave it in the bookmap discord chat Go Nice little trading view list Has a lot of ETFs in it It has the ratios That's the most important part You can look at that again From here Just You guys need to learn their abbreviations For what sector is which Once you have bills down You can start looking at these ratios And it'll start giving you a better understanding Of the general market Overtones You can start contrasting it To other things It was given to me by someone Someone I know And someone I trust in terms of This how you Look at things in the market So And I went off that It makes sense So hopefully you guys Pick it up It's a very important Thing to know It's like pushing you up Come on Try leaving this in the dust And you can see It makes sense to try to come down lower But We can spend the entirety of Today just fiddling Or waiting for A new release to then push it down And I think it doesn't even stop at this support I think it slightly overhangs And just completes the Then pushes higher So watch out for that Watch out for the completion of that candle In efficiencies So that's sort of at that Sort of high here at 18 That's a much better sort of tick I'm more impartial to this now 38, 48 0.75 Just on that Top here I mean on the 4 hour Sort of is present It's sort of present here It's a slightly little buffer But generally it's not too sort of bad In the hour So much lower sort of It's basically at that level here But generally this is an area Create some nice little buffer For us in terms of where we Suspect overhang Just now looking for that sort of Trick up Pull it down Same thing to do with the crypto market Just watch it out And just sort of stay safe with it I think I've talked your head off too much Remember to pick up this sort of Let's start looking at sort of ratios In terms of performance It would sort of help If you're trading stocks as well To sort of know what Sectors looking stronger And then maybe You can sort of find That it's like to trade Or an ETF to trade Okay that has been My time for today Uh Probably sort of stay just because It did come in a bit late but I don't even can apologise about that Other than that Uh nothing else Have a lovely day folks And I will catch you guys Tomorrow Remember to trade safe if you missed it Uh there's usually a lot of information In terms of education wise On the YouTube streams I mean VODs rather Not just a sort of market Directions again Okay remember to take notes I know it sounds TDS Uh They do really help just jot down notes It's like okay here's a structure Here's a structure does it work For myself yes no If no why doesn't it work And move on from there Uh and other than that Again have a lovely day folks Trade safe and I will see you guys Tomorrow