 Good morning traders and welcome to the pro trader webinar series for Friday today. It's a little different today We have a David Blake futures and stocks trader and He is not an educator But he trades he's been using book map at a very high level for quite a while now Well, not actually quite a while for like a couple years or a year and a half or so something like that David Yeah Yeah, and you know, he's creating excellent content on it. He has a very Deep understanding of the liquidity and how these markets work. So we decided to do a webinar here from a Bookmap user and bookmap trader. So Let's jump in here his background here David has a background as a financial professional in corporate finance as well as a CFO having spent time in Hong Kong Manila, New York And London his passion for trading began in equities and then options while working in Hong Kong and later on spot forex so he's got a lot of a lot of trading depth and experience in 2016 he eased back on the corporate life has started trading at home primarily a Reversal scalper of the ESN Q on Ninja He discovered book map in early 2020 and has been able to scale and And Frequency of his day trades From a range of setups. He's a regular on Twitter and discord Contributor under a Tarantino trader. I'm sure you guys have seen him out there Plus you've seen him with his beloved unicorn levels and in spa gamma Here's his contact information is email Twitter and discord I'm going to put putting in this into the chat if you want to reach out to David And contact him directly. I need to go through the disclosures and let's turn it over to David 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 I'm sorry 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 and With that, let's turn it over to David and let him take it away Hi guys, good afternoon and good morning Just please bear with when I try and get the the screen at the share there Bruce Yeah, looks good. Which one can you see? So yeah, we see we see you at your mission control there and then we we see the Green and red Yeah, and I see it in and out book map is coming in and out there Okay, it's book about there now No, we still see this green and red Striped. Yeah, there there's book map. Okay. Thanks guys. So I just know Lovely, right. Just minimize that right. Yes. Good morning again. Thank you, Bruce very kind of you to invite me along here on a On a on a Friday really privileged to be joining. What a phenomenal week. It's been for the book map education for everyone starting up a brand Brilliant session with Brent and then we roll through To Wednesday then with Joseph. What a monster NFL Super Bowl session we had there Bruce got it. Got to say Yeah, yeah And then going through to Scott or the You know our beloved Drill sergeant Paul senior yesterday from his sauna in Arizona. That was that was fantastic. So So as Bruce rightly said, I'm not an educator I would never pretend to be an educator or even profess to be an educator So, please bear with me as I stumble along This afternoon David, you're getting all sorts of nice comments in here in support in the in question. So Yeah Brilliant brilliant. I'm I'm very much an armchair trader is what I call myself And that I'm not a technical trader as as you will have seen or you will see I very much swashbuckled my way through the through the markets and Unchance chance my arm and chance my luck What I'm gonna do if that's okay guys I've got a couple of slides I've put together just to talk very much about ETH this morning And then the little sort of drop down and then we can get into into the live market if that's okay The thing I was saying to Bruce a little bit earlier on is I I sort of trade within my my knowledge of my limits And the analogy that I often use there is as as a young guy I used to love. Oh, I still do love playing electric guitar Could dream of being like Hendricks or Clapton or Mark Knopf or someone like that or Van Halen But I know my limits. So that's that's that's how I trade and that's that's how I enjoy Enjoy trading. It's a it's a great session today with the the quad witching and so forth So I thought I'd put Samantha up there for those of you that will remember that I'm it may be just you and me Bruce remember Samantha. I'm not sure Have to see yeah, I remember I Pinch this off of zero hedge And so I mean there's two things for me to say here first of all before you go into battle You know, you've got to know what's going on for the day ahead that bit of planning I'm fairly loose and I level with my planning I know there's there's people like the skipper like Tom and Doug and that do a much thorough Planning ahead but you know for me, I just want to know what's going on out there And today you see these numbers here Bruce 1.8 trillion of SPX is coming off and even on my little beloved spiders. It's 241 billion. These are just monster numbers and In many ways, it could be a day not to trade So to fault because this is just gonna mess us all around So I check my economic calendar before before playing before entering on a you know I advise all of you to do the same I'm a huge supporter of spot gamma with Brent again as you see for my unicorn notes as I call them Brent does Twice a day sometimes three times a day his notes. They are phenomenal. It's well worth the dollars for this You know, we'll talk a little bit later about the the meltdown that's happened But just reading this here and when Brent say and once we get through here We're gonna get here the the options market, you know as we see here though. That's the expires is Massive and it has such an impact on chairs such an impact on futures And that's what I'm really loving about spot gamma because it gives me another window. It's another lens on on what I'm up to Okay, I just got just a couple slides just sort of set the scene of what what I primarily look to do Again, most of this to use the follow me and chat with me know what it's about but just as you know So we're all on the same page. I use Ninja trader and I use book map I'm gonna say it's sort of like 40 40 percent on on what I'm doing with them what my eye time and my mouse time is The other 20 percent is gut feeling tuition. So just like we've just been showing with with Brent's note I take that on board the the challenges are an amateur retail trader is to make sure For me anyway, but that 20 percent doesn't become 40 percent. We've all been there We've all been there Bruce when the you know in our head We've got it the market is gonna go down and we're looking to go short And you sit in there and the market goes up 30 points because that gut feeling tuition Just overrides what you're seeing on your screens, but the end of the day. I'm a discretionary trader So I've got to use my gut feeling intuition along with my signals As Bruce said at the start, I am a reversal trader heart for sure But I do love those moments when the market just goes bang and and it shoots off, you know that that can be NFP I love playing out NFP and Bruce. I never used to play NFP until I book map Because I just didn't know what was really going on But with book map I can now trade NFP and trade it with confidence and trade it with weight We also get headlines, you know, Janet Yelen can be on on the TV or as we've seen today We had Bullard was on he was dual burning I think he lost a few teeth the way the market moved And it's those book map bubbles that I love to see they grow in size that volume They're all the same color glancing down seeing what the smart money is doing. Is it in the right direction bang? Yes, please. I'll have some of that My reversals are triggered very much by levels levels and flow, you know cause and effect all of that Fundamental one-on-one stuff and you can see some of the things that I look to on that Well, we'll touch on those now another analogy guys that I shared with Bruce a little while back and politely I was not a bad trader before I had book map Those that knew me before when I used to trade with quantum I was I sort of hold my own politely saying that and that's like my drive-in Depends if you ask my passengers You know, I can reverse I use my side mirrors my wing mirrors. I use my rear view mirror But what book map gives me it's a reversing camera I can park that car where I would never be able to park before why I'd never dream to be able to park the car That's what book map gives me. You know, it really gives me that extra sight Those that have driven a car with a reversing camera, you know exactly What I'm talking about any good trader needs an edge and my edge I try and lean on it at times of the day again Those that see my post will see that. It's not that I take a trade at those times but it's those times I'm more aware more More attuned to taking a trade at those times because if there is a move It's quite likely to be a proper move rather than a fake move And that came I learned that from my my far X days of people like Ryan Littlestone and Mike Patterson some names you guys knows might might know That continues into RTH into the US session. So the times there, you know I go from the bell when the bell goes apart from today because I was just getting ready for this But I'm a fighter the bell goes and I get straight into the ring And I'm ready to slug a slug along as is the skipper, you know, we're ready to go But I also do understand and I respect that sort of 10 minutes in that 940 time one let the market settle Let the orders go through and then see which way we're going to play another key time for me is an hour in Scott's talked about that Joseph's talks about that It goes back to the old days I gather for you know, the big dogs got to the fire hydrant if you take my drift So the market can move around in another direction an hour in so I have alerts set for that to remind me I also have some colors on the chart and then Bruce we have our London clothes that you know We always remind on the on the webbies that London's coming up. You go back and look at your charts guys politely for 1130 Eastern time and see often a V shape, you know changing now sure David It might not be 1130 it might be 1133 or 1140 but a Change of wind and so forth. We're then getting into our good time and lunch So good time then is that 230 when the guys and girls coming back so to speak the market again Can move on a dime round about there Which then is that final frame of the session and then of course the the final 30 minutes into the bell of New York or the final 20 and you get I always get it mixed up Bruce It's either one step or top step when they start printing these numbers and it comes out over the squawk But again looking for some nice trades to be had In Eth in London in Eth, it's those levels that you can see down there that I'm looking at Mentioned spot gammas. I call them in unicorns vital to me and more so in our th particularly now as I'm starting to learn I've been using the live hero for a good few months now And that's getting sharper and better and so forth. I Like to look out where the levels are again. We'll see that in a few charts shortly And I'm blessed very very blessed in the mornings because I have a couple of great traders who helped me out Like mobster or Moby down in down in Australia fantastic trader and I have dove do v Yuri based in Israel. So three of us are sort of hunting in packs in terms of trying to point out where the levels are What's going on and trying to sort of connect the dots it Bruce in terms of where the market might go Is it in a scoot up fill up and go down and vice versa also very mindful? The F often things are a dog walk, you know that the mind like you head out your home You're gonna go down a few blocks you go south you go north you go east you go west But ultimately you're gonna come back home. We see that a lot So that's in my mind and we saw that a bit today when we're dipping down after bullet It starts to go back up. Is it gonna go the way? No, but it's a little dog walk another or the final key thing on my slides Like this screen here if you can see if you've got the webcam out. That's my Nasdaq screen That's Nasdaq that's book map. That's Nasdaq in front of me those that's done, you know, skype to me That's that's ES land. That's a wall ES land. I will not take I Do not take an ES trade unless my Nasdaq is not necessarily a hundred percent Compliance But if that is ugly to what I want to do, I don't take the ES trade With Nasdaq trades Bruce, I I will often take that on its own because the way she scoots around and this is really about Nasdaq leading more often than lagging. I have had in the past. I have had a Why am I've had the rustle up, but I struggle to walk and chew gum I'm just I'm just to just to the two. I don't have enough real estate. Do we tell them we don't have enough? enough charts Okay, right. Let me talk through what I what I was doing this morning It wasn't the best of mornings really But if it's okay just to sort of because we always often talk about RTH So that's you know, I think it's quite nice to cover a little bit of ETH if we can So this is me this morning if Mike and get get my mouse. There we go So this is UK time So it's I think it's five hours ahead of Eastern time Bruce So I've had my breakfast too much information and I'm sitting here with my coffee and I'm you know chatting with Riyuri and Moby and so I'm just sort of seeing where we are. I've zoomed out So I've got a 30 ish Look, and I'm looking at these levels. I'm just and what I do do Michael all good traders. I write them up I've got a you can see that I've got an A4 page of a diary And I just make my notes and I do some sketches and I'm trying to work out that dog walk and dot the dot sort of thing and see In terms of size, I really like the words like I like something over 300. So it's 287 It's okay, but it's not and there's you know, not a lot So I'm what I'm seeing there. There's there's not an immediate Let's go up or go down level, but there's certainly a little bit above bit of resistance for headwind I've got a couple of unicorn levels over here Which can be very much in play and typically as you'll have with an ETH You've got the the yellow V park and the VWAP all pretty much close together. I Have a small ice selling illy Ron. So, you know, but not not that small, you know hundred So notable and there's been a bit of absorption when we try to scoot up So mmm, it's easy to say now and the markets tank down But you know, certainly there was a little bit of a little bit of resistance there My flying speed is typically Sort of six to ten points depending on how I'm feeling that this is where I trade. This is my trade window That that sort of level Okay on Nasdaq I Because the move, you know That's a lot wider. So again when I was looking at Nasdaq pre pre European open at seven o'clock I'm I'm seeing a little bit above numbers here guys. I'd like to see Sort of over 70 over 80 And that Moby's the guy the mobster. He is the guru when it comes to to Nasdaq. That's that's for sure So I there was nothing screaming there this morning The VWAP and so forth and certainly not really, you know, not a great deal down there It's a little bit of a stop remind you David 60 okay And then this is my my flying height sort of thing about 30 40 50 is where I normally normally fly when I'm when I'm trading Okay, Europe. I Just run C-Trader. You'll have all seen that this is a free software package. I don't subscribe to any data feed or For Ninja or for book back to take the European because I don't trade Europe So I'm that's not throw some dollars down the table. So this is a free package So when I was looking, you know, pre pre-European open at seven o'clock, it's it's not Yeah, it's looking a bit bearish. There's there's no denying that So that you know takes into my mind at seven o'clock. Okay Right, we get we get going. So we've been hugging. We've been hugging that that VPock. Yeah, those are there They're still there. That's up there. Hmm. Okay. There's this ice here ice on chart So this again, that's a little bit bearish bearish up there and so forth. Yeah, I Felt along of that. I felt along of that VPock. I had this is the first time you guys have seen my ninja So this is 300 tick This is the red racing lines a ran from shark indicators. Those are bloodhound That's off Jeremy Tang great guys over at shark you guys that have dealt with them brilliant team really Keith Lovely guys and the logic that's running. That's all Chris the ZTP stuff If Chris is listening, I'm sure he'll be shouting and going on on David This is ETH, you know, this is more for our th but it's it's given me a bearish feel There's no denying but I I got in for a little cheeky long not a not a large one But I'm afraid Tom on this one. I'm in bastard So I didn't get much more than a you know a bucket a bucket of Bucket of chicken wings or so forth So that's just to sort of look how that was going along then so it chewed along here all the way from the European open Chewed all the way there Bruce until we got to London open eight o'clock. We had a very peculiar. We had a nice bit of ice up bit of ice down It's like a bit of a bun fight so I Didn't take much from that beyond a bit of a bun fight really and a bit of a bun fight and so forth What you will notice spotgum levels have changed names and locations Brent stuff gets updated throughout the day two plus times a day But to me it's support and resistance 123, you know, so I'm I'm not getting too excited. I'm still sort of okay a little bit a little bit later we come along and some interesting stuff here, so Let's say with these these names changing what was interesting here. We dipped above The VWAP and then it started to come down this put wall. We dipped into here Skipped up and then it was refilled and I thought whoa, okay, you know, we we this is the beauty of bookmark We are gonna you know, they really are gonna try and get this to go back up. We've had some nice We've had some, you know, pretty good ice hundred, you know hundred hundred hundred, you know It's not bad not bad ice buys for ETH and so forth So he thought I was filling not bullish bullish, but still more upbeat than downbeat Yeah, particularly when we went through here, but he was having none of it And this is this is the this is the takeaway here Bruce It's not massive numbers again. Look at that, but you've got six seven levels just came into the book This is thuggery. This is my Tarantino and where you know, I picked that name up from this is the Tarantino in He or she came filling the book with intent if you try and go up here boys and girls you're gonna get smacked Yeah, we come down. We've got some absorption going on. So we're not going quietly We're definitely not going quietly and then these levels we soon sort of scoot into then over the next you could say Over the over the next next hour and so forth. We got stop runs going on So again minded that maybe this is just a little bit of a scoot down and scoot back up those dog walks I talk of but this is the worry this you know seeing that depth of market the full level or more than level two We'll book them out. I've got a level three Bruce Yeah, and so we're getting the real effects here. Yeah Keeping on the European markets guys, obviously by now the footsie in London is getting really ugly I mean, that's a blind cobblestone. That is not nice. That isn't that is not looking good Europe markets as well. So These aren't tied, you know, I agree if anyone's asking questions that they're not tied They're not linked but so I'd often describe these markets the US markets. They're linked by a very loose thin piece of elastic But you know be mindful if this is tanking. It's unlikely that the ES and the NASDAQ is going to be going bullish It's just unlikely but so that's sort of that confluence at it as it is On on the NASDAQ as we got along I did go and take a bit of a higher risk Scooty cheeky little little long We had some really nice ice nibbles not big not big But we had some nice ice nibbles and we had an act to stay in staying in the in the boat with the ice on chart So I had a little go here When it dipped back I was probably cursing and swearing I wasn't quite the rose who is the mysteries that sergeant Palsini talks about, you know, but I was certainly oh, please God Go back up. I wasn't looking for much. I really wasn't much We had got the core wall and then we got the view up So I was only looking to get more than burgers and fries, you know TGI Fridays sort of so I just looking to get Just a little few out there and thankfully I did just after here I think I may have posted it Bruce after that. She did start to go down So a chance my arm trading gods will with me We look back then to how yes was taken along As we've mentioned we've got the fab, you know, the icing continues apologies if I repeat myself here The icing has been continuing. So again, you know, they want to go up Things are getting absorbed. They want to go up. We still got this wall here this wall of pain for the bulls This guy steps in And I thought okay, right, okay, they stepped in and they got filled They got run over they stepped in and they got and against them with these nibbling along with the With the eye spies. I mean the Intel I've got here. It's just beautiful. It just gorgeous, you know, I Was then I I thought okay, I did take I think a cheeky little long I didn't get much out of it because I thought okay, they're gonna they busted this they're gonna run it Someone's gonna run it. They're gonna run up and we're gonna have a little go at that It just ran out steam it ran out steam then we see you can see the view up there We then see a bit of I'm if I use the ice is not ice But like a iceberg nothing to a trading sort of broke off and that just came down So it's like okay, you know the pressures on again those insights not massive but still you know I'd love to be able to drop hundred and twenty three contracts on Then this little this little baby has appeared and now This this is it's not thuggery and this I know I've talked to quite a few about you know We we talk in discord in the chat room. We also talk on Twitter and DMs and so forth You know, what is this? What does it mean? And you know, I don't know I can any guess But it's low enough not to be thuggery thuggery would be sort of you know here You look at the levels across you'll also notice the at this 197 there's a tiny white line. He may not be able to see it properly there guys But that's a large lot trader. So if I say hundred of those contracts is one actor as just tank on the lawn here At the time they get filled. This is this is they want to get filled They're not trying to push it up and it could well be part of this guy They they've moved that to there They've reallocated their margin move that down and they want to now drive the price from here down to there a four five six handle Yeah Scalp and sometimes we do see that you've seen my post where we'll have you know ice up ice down ice up ice down Etc. Etc. But a lot going on there and just that insights. I wouldn't see that on Ninja You know, if we're looking at Ninja show, we're not gonna see any of that Okay, how do we how do we sort of continue on so It's all disappearing now. They really are that they're taking the margin away. They're putting they're putting elsewhere This has grown not by a lot But this has grown so I've noted that in my mind. I may have been written down in my book That is grown. So if that's growing That telling me that it's becoming more of interest more significant or something I can't really see whether the you know, the actors got any more on the table. It's probably still about a hundred or so But look at this look at this guys This is remind me again. This is eth. Yeah Extended trading hours or as I often wrongly call it electronic trading hours eth 500 in eth so These guys do not want it to go down. They do not want it to go down. They pile in bang We can see it here 500 in et cetera. So we got a real mix of signals here. We got thuggery. We got Give me the scalp and then we got these boys going. No, you're not going down. You're going up We've got some absorption going on. No, you ain't gonna it's a really it's yeah And often on those it's you know, certainly hands. You're not sure there's too much going on. It's a real tug of war Wait for it to work out wait for it to work out What does David do or David does what he often does he does and gets his Does some swashbuckling here for the skipper so I can tell the skipper when he gets out of bed in the morning It gets out of his hammock So on Nasdaq, you know, well, we were before you'd be part B. Well, you know, you know the routine So now that if you can hear that that that is my one hour Dogs at the far hydrant telling me the market could well move where we're an hour in yeah, so I've scooted on to my Nasdaq chart. I can see that push on ES and I go bang hit the bid Again, it's not a lot. You know, I only take two or three down and I get two three as we as we As as we come back at there's not really anything of interest going on here But that's sort of like I know we're gonna dip and we're dick, you know and dip and dive dip and dive. So yeah, take take take my points Okay Update of where we were Bruce. So we had that that actor that came in boom through it went through it went, you know, so That earlier on was a lovely towel of from up here with that thuggy and look at that's building there again under 96 That's a bit more That we were gonna get down so, you know, it would have been a nice trade from the put wall down to down to this area here You know and get yourself four five six handles depending where your entries and exit were But you know and we had pointed out that that big that big eyes. Let's buy hopefully we're going well there, Bruce No, great great confluence of events there Excellent. Excellent. Right. Um, I there's a bit of the morning. I was working on my slides if I'm if I'm honest Um, and what I want to sort of show now is some of some other bits and bobs within that so I posted this up. I think You know, I was dreaming I do dream a lot. There's a lot of us do dream as traders So I'd got into not as good as some guys and girls. I saw on twitter But I you know, I got myself into a really sweet position We were and I was like, oh, look at all this is the daily on ninja. Look at all this lovely Blue water, Boston consultant group, you know, lovely dreaming. We could go down here, but I'm also Not a complete fool all the time and thinking well, we're probably gonna come back up So it's not so much about the trade here, David. It's about okay. When do you stop? When you screw down that stop loss is you know, what I what I have the words I often use tighten up Okay So this market's going on now. I run a squawk. This is my live squawk It's I've turned it off the moment because it does make a bit of noise and again Bruce will have seen this when I do a screenshot. This is london time, you know five plus recent time and I'll do screenshots and I'll put it into the chat and so forth But Bullard's out. He's breaking his joys at CNBC and the markets are not liking what he's saying I use this not so much to trade from the guy. It's light. It's audio. So I hear him talking My life is that is that is the charts that I'm looking at but this is great to be a flicker and go What hang on? What was that? What did the guy just say? but you know need your intel got to get the Context of what is what is what is going on and so forth and there's plenty of these services out there So do do look to take one is my my advice on that so Markets going down. We're making some nice handles Unfortunately the skipper's not around so I can't he can't tell me where I got to get out So I'm on my own. I'm flying solo. I'm flying solo here, Tom. So it's bad. David does not like flying solo So where am I going to go to? So I think I put these in the discord channel And those of you are not in the discord channel, please come and join us there We do have I think a little bit of fun and we do try and share our madness and a methodologies with everyone So do do look at that place. It's it's free. There's no, you know come along. Please come along So I was looking at the cues And this is on dx feed, which is a lovely service And again, we've got the usual suspects of v-box and v-waps I'm like a broken old record here. I don't know me So you saw from the previous one o'clock. So this is again, you know, five hours eastern time Bullard's broken his jaw and he's off to a and e Now they're called 911 to to fix his face And it's six thousand now Again, it's eth It's not massive mass here, but it's like, okay We've got a we've got a bit of tanks on the lawn and someone wants to be filled So I'm mindful of that. So I'm using more and more on the cues I use the spiders as you will see for my ninja But I am using the cues a lot more. I know I know Doug uses the the cues as well And I will shortly be running a lot more cues on my on my charts on on ninja Okay So back to spiders again, you know, we saw the numbers at the start the sort of billions and trillions So this is big stuff So I was looking at spiders And it's like 12 000. So what was really peculiar at the time when the es was tanking? This was not this wasn't moving and my comment at the time was this was michael michael burry, you know, the The big short guy, you know with All that all that stuff and I might But you can see from the the es is tanking and this is not moving Well, this is why because these guys have stuck in here and there's okay. We've got a little bit moving down And it's like now this is not that big. Let me quantify that we've had some days and it's been 85 000 in full tilt of the market But still it's you know, it's david. It's not 797. Is it so it's it's like, okay So it's just intel is that full depth that bookmark goes me gives me the internet So I I fill some chop ahead so it gives me opportunity back to my trade with 20 plus handles Well, let's let's at least take three off or even close the trade because that makes you know that that that makes sense Boom it went in they took them on and they started to get they did get filled there You know real real stuff real real real real stuff going on And there so it's it's that it's that direction that helped me to to to make sure I was in the trade long enough Give it room to breathe room to run But when I can see, you know, the the end of the game's coming up then. Yeah, I you know, I I'm out. Uh, I took three off. I think I've got still one run in if I'm right right right right and saying that And that that's the presentation guys so that we're back to samantha samantha and darin, so let me uh Let me get that out the way in the chart. I'm just gonna have a sip of tea and see Bruce if there's anything I've missed there I should cover please No, that was that was fantastic. Um, please get your questions in everybody. Um Yeah, Garrett, I'll give the link to the discord here in just a second Uh, and like uh, david said it is free and open to all um I'm I'm just kind of curious about the uh, so I mean you're you're Regular trading hours and your extended trading hours. Uh, uh, very different approaches here Uh looking at it. Yes. Um, I like the way that you um covered the very beginning here about the uh, the the witching Uh a quad witching and the number of of options out there Um, do you look at that as do you look for order flow to go in a certain direct? Do you have an outlook on that of what might uh be happening there? Um besides just looking at some of the levels from Brent or the do you are you integrating the hero in to that uh for the um Uh directional trades I'm it's it's primarily really Brent really to be to be honest. Um, it is notes are really good is his videos He does have days when he's doing, you know, some live stuff and he's doing videos on particularly on the stocks I haven't got any stocks on the screen today as you can see Uh, but I have been looking at that hero. I'm finding very useful on on the stocks, particularly those You know as meme stocks that that we all talk about like the cinema group and so forth and hero I know we we've again out on discord with a chat and so forth. We're I say set now I think maybe three months. I've been running now bruce as as a sort of you know as a guest as a guide Um, there's days when it's fantastic And there's perhaps days when it's not fantastic and that might be more me Brent than Than than the system At the moment, I'm using it bruce probably more tertiary You know of everything else I've got going on So it's not always sort of primary and with like yesterday We saw some phenomenally big numbers while there was a slugfest going on And so forth, but I do feel I'm probably not answering the question here, but I do feel it's Week to week. It's becoming more important to my to my decisions But yeah, Brent's notes are critical in terms of where he's talking about where things can go Looking at his graphs and so forth and that and but always mindful back to earlier on in terms of just keeping that in that sort of 10 20 percent So I try and trade what I'm seeing Whilst keeping a bit of gut feel, you know, that's that that sort of Definitely definitely what I'm what I'm trying to do for sure Got you got you. Okay. Yeah, I guess I guess a question was more revolving around that that 20 percent of gut feel Yeah, any kind of bigger outlook for the The quad witching sure Yeah, but today would probably be a day is Like I say, I probably wouldn't trade that much There's been days like that when I you know, I kick back on discord And I maybe got a couple of handles out in the morning and I'm I'm really relaxed particularly on a Friday Uh, you know, I like we all have we've read Be depth of books and so forth, you know, and there's guys and girls will say they don't trade on their NFP They trade Tuesday to Thursday that sort of thing Um So there's no insights that I've got in terms of how to approach today. That's for sure I'm minded that the last hour is probably going to be quite brutal And and just you know stick to what I know That's that that's the thing but as we again we saw yesterday There's moves going on that just make sort of literally no sense. We've seen We've seen ice run over as as scott was talking about and so forth in his post and we've seen This morning, you know, look what I was shown. We were having 500 plus and we had good few 500 plus is nibbling away in eth On standard and pause and they just got smashed They got absolutely run over um Which shows the market is the market is the market and Not a good or bad phrase really bruce. You know, at best the market is random at worst The market is random. Um, and if I can pinch the skipper's phrase, you know, best david is clueless and sort of Sort of think the the thing that I do the thing that I do or say as well I was chatting to a good friend this morning in singapore Thankfully in what I do as a you know, I call myself a scalper I know some of you would say no, you're not a scalper scalpers in the in the market for you know, two three four five seconds So to some people I'm a I'm a swing trader and you were saying yesterday bruce how how scott is On some of those longer trades. He's like, oh, we didn't expect that from the the drill sergeant pulsini But he's got some runners in there, which is which is good um So I because I'm just trying to trade the moment as you you know as I talked through in this morning from eth I'm less worried about the bigger picture. It's not that I'm not worried about the bigger picture You know, I I do I do run these charts as you've seen if I drag this one down um, and so forth, you know, I I do run the 15 minutes and I I don't even go near market profile because I again my head would hurt I rely on others like yuri and And tom for that But I I do sort of keep a little eye on the longer picture bruce of where we are in terms of low Volume nodes and high volume nodes and all these different levels and these are all kindly printed by ninja on the variety of indicators You know that I'm running but the again, it's these unicorns that are My key thing so I I've got the 15 going and then You know, I've got the hour again, which you guys have seen from from before Not as nice as scots. I know but it gives it gives me a feel like Early run when it when it might be going up in direction of actually, you know, it's not it's not it's not that bad or something like that So Yeah, I'm not I'm witching. I'm sorry there Uh bruce, but I I'm not I'm not sort of where will we end the day? And it's more the eth that I'm doing this where I'm zooming I Do it less I do it less with rth. I do make notes often ahead of the The start and then I'll again write them up in my book. Oh, there's this big level that big that smaller level or so forth Um, yeah Sort of where where we are. Okay other ones there bruce, please Um Let's see here. Uh, yeah, we just covered about using the hero. Um Uh, benjamin's asking about your, uh, favorite entry signals seems like, uh, like ice But is there any other entry signals that give you confidence in your style of trading? Yeah, sure if I So as I say that sort of 40 40 percent I'm just going to put the s out of the way and I'm going to come to my my ninja chart So as I say, I'm using both together Uh, and so forth. I run the 300 tick here And I run A thousand tick you've sometimes seen this at sort of six seven eight hundred But I'm running that then at the thousand and so forth I will talk about these in a moment and then I've got my spy, which I'll come to So one of the the key entries or the the entries is say I I am a reversal trader at heart, but just yeah Uh One of the key things I look for to play from and I and again, I put it in the On the post and that and this is the opening range bar. So this is this is old school stuff I learned this of a great trader called will shire have mentioned them In a couple of posts, uh, he's uh, uh, I will say x commodity traders Another long-term pro trader lovely guy to speak to if you can get hold of him So what I've got on the chart here The this this green line here with the triangles and the lower green This is the high and the low of the first minute I'll say I can't say enough old school. This is the first high and low of that first minute And then the mustard line is the opening range print And time and time again If you look back over if you have this on your charts and this is printed automatically by an indicator From up din Or up down depending on pronounce it up down On ninja So this this area, you know, if we go about perhaps we should do that and I've got to answer the entry question So where I'm looking for those reversals and we'll we'll check when we'll check with woodbook maps. So Market got going is it's 230 in the uk the market kept going so It starts about here. We get to a low now. I thankfully I've got my my zone trader I've got a lovely signal coming here. I've got a little I'll go telling me it's bullish I've got my little lovely little green arrow saying bullish and I and I've reached the bottom I've also reached that little that little zone. So as an entry I'm feeling okay, you know, we we've dipped down in that first minute but I probably wouldn't be scooting it because I got a bit of red behind but I met that that level there I I'm then I'm going back up here And I've gone through I've gone through my opening range Now I mentioned about sort of times didn't I you know, that's sort of like looking for that sort of sort of turn so these Without going through each point Bruce this In the open is very much My sort of if I call it a level or it's my uh, let's grab some tea there. Sorry guys Spirit level or something that this is sort of gives me a sense of where we are now today is quite sort of sort of quite tight But it's these signals that I'm getting off of ninja from the zone trader that that helped me then align What I where am I going to get on board or not? I then of course mix that in, you know Without with our beloved Bookmap and everything that I've got going on there You know heads heads always whipping around As you'd expect guys So I'm not slick as doing this is you are Bruce There we go. Okay. I mean when she got going, you know, we had some we had some good ice Selling we had some good ice buying. It was a real real fest. So I'd be looking at this and they go, you know Oh my god. What what are we doing? I can see I got a lot of mix going on so it was Certainly that 20 minutes is that would have been tough trading Very very very tough trading. There's no, you know, there's no There's no denying that the other thing that I'm using for entry is my spiders Um, and if I if I get this to to where we should be Now the thing I find with the spiders guys is that It's it's cleaner. I think I think you may have said that once or twice Bruce. I maybe you've looked at chart. Um It's not as messy Maybe fast though. It's it's not as messy as as the s and p and so forth so You know, we get going here and then I I've got some I've got some glorious signals here I've got green in the background and this this this logic is driven by the bvi bvi x There's a there's a whole There's a whole nine yards of stuff. You this is all the stuff that's within within it Bruce, so there's there's a lot going on here within bloodhound There's a there's a lot within that logic and so Big big influence for me. I I got green here. I got green here So I'm if I was trading in that sort of getting towards that 10 minutes in It's it's green I'll then be looking on what I've got going on on book map and you know Compliance all those sort of phrases and an off we go and that that would have been a fair old run So the spy I don't trade spiders, but I am using it as you see also and I'm also then glancing a lot on on the spiders on on Book map if I bring that down Now what I've been doing on spiders here on on the dx is keeping it really tight because I Would want to see if I got any big, you know anything big Anything big pulling up and there's not at the moment. There's not since since we sort of had it So that those guys are what a bloodfest on on hero. They really are they're determined to keep it around about around about here I'm the same on the cues, isn't it really gross. It's not uh, yeah, it's getting a little It makes makes good sense though. Like, uh, you know, it's it's it's um, you know quite witching It is it is. Yeah, definitely. Yeah, you know, definitely. So it's not not necessarily an ideal day for uh You know for for scalping because you can get torn one But certainly not a bad day either really if you get on the right side of your signals As long as you're not too greedy. So like, yeah back to my orbs And we've danced above it and then here I mean, yeah, the old school stuff of higher highs and lower highs and all that All that great great good stuff and so so to speak and and that and off off off your go And that's so yeah, that's that little baby there So yeah, yeah, it's I my setups if that was sort of part of the question there really my my setups are sort of loose I'm looking for that reversal off a particular point And in my mind I've got as I say at the start Bruce. I've got I've got time a day News things I've then got Yeah, clearly bookmap is a huge part of what I'm doing in terms of Supporting what I'm seeing on these charts, you know, what what I'm doing and this it's not just These the levels and so forth. There's this mother witchery going on In terms of what we have as the these kp2s where it's below zero above zero etc, which is also from chris and bits and bobs so And that's yeah, I I try and make some luck really I don't have a If we if we would sort of talking about a trade plan As I think I said the other day Bruce what what I try and do is Thankfully as an eth trader is try and get a bit of greenery done in the morning So I've just got a couple handles in the bank and then in the afternoon I'm trading that money rather than my own money And that's that's a fortunate position about being in perhaps being in the uk You know the the eth can be a little bit easier to trade I find Yeah, it's what I'm taking And I just trying if it's if I feel everything's come together Then you know I I load up and I put a bit of scale on and that's what bookmark allows me to do Is to put the is to really be able to throw the scale on to it And I don't I Again, you guys will see when I'm I'm jokingly asking where shall I take it off like we were last night You know when we we had a couple of runners in there Uh with heroo and and tamas we got into the bell um Yeah, I've just I sort of make my own luck I'll take me if I've got say four five lot on I'll take three four off And then I leave one to the trading gods and yeah, sometimes it comes back in my face and I know but that's yeah And as the days, you know, you get a 10 20 Point run on the yes, and it's it's worth it worth the while One thing I don't do and I'm happy to be told off by scott on that I'm not very good In terms of looking at you know ratios bruce in terms of going okay I'm risking you know two three four five handles on a stop here Uh, and I'm looking again You know 10 20 you you saw that on one of my trends this morning when I I'm it's a counter trend trade I've gone long on the nasdaq when the market's clearly going down and it was in many ways It was an ice trade, you know in many ways I was I was trading ice up to that unicorn level But in david's little mind there were some cheeky little handles to be made And I was pretty confident that they were going to be made But i'm sure if scott and sergeant was here he would He would shout at me and uh, yeah I'm sure bruce he would on that, you know, but maybe maybe jerks would take it. I don't know Well, I mean it's your it's your style of trading. Um, and uh, uh, I mean you've got um, I mean it I think it's um What you're covering here is very objective. I mean you you've got your higher time frame You have your reasons for starting to look now at order flow And then you start you start looking at the order flow and and and you're looking for this move to unfold a specific move to unfold And I mean we do this in the webinars all the time. I mean same same idea So, uh, and and I really like actually the the the bringing in that 20 of like your experience and feel um and Because so many times. I mean, I I remember being on a a meeting with you and You said like we just made 12 handles ladies, you know in in the in the s&p Like, you know, there was there was some news that came out. Um, it was Someone was speaking and like you saw that you saw the volume come in It's like jump on jump on hit your hit your ride get out And uh, you know, you're done for the day basically That's it and uh, uh, that's from experience It is it is. Yeah, it's it's it's having that belief and and also using you know That was a good call we had that that was with haru. That was mobi. That was with tom, etc, etc Um, and it was I could see the bubbles of reiterating what you're saying there, bruce You know, these aren't necessarily big bubbles. We can look at the volume It's this still quite low volume But it's when you get those big fat bubbles going in one direction and I'm just check I just check on the sub chart We we do have on chart as well, of course, and I'm just seeing there's nothing, you know It's not a stop run. You know, it's not a stop run. Yeah. Okay. Let's just jump on board and and chance my arm just You know hit as that that time was just spanking the bid sort of thing Uh, and that and what I what I do is more fyi now this I haven't got the Uh, the tom running simply because it uses a fair bit of bandwidth Uh, and I didn't want my system jamming up on this webby So I do trade from the dom on on es And I rarely do use market orders. So if if you can pretend this is up and going I'm just I I hit a particular area. So it's like I want to get in now and I'll just be Hitting in or Going short is is what what I do. That's how I do it For for nasdaq. I'm too again walking and chewing gum. I I can't do To use the dom for nasdaq. I don't think many of us can to be frank. So that is very much more market Market market orders. I got chance my arm on that sort of thing. So yeah Cool Any other parts there? Am I missing? Uh, let's see here. Um, any other questions here for uh for david Everybody. I'm sorry. It looks like I put in the wrong. I mean I copied it from discord uh david dash nine one one, but It's it's tarantino trading is The handle there to take a look at if you want to reach out to you david so my my fault on that, um and Uh, see sviatoslav. Uh, there's a subscription to icebergs record. Um Icebergs are very different than dark pools Uh Dark pools basically is you know over the counter trade. Uh, and then it's uh updated later in the In the exchange, uh, which you see um typically happen in stocks. Uh, so that's the way that works Uh, let's see omar. Um Yeah, any any other, um Markets that you are trading like uh, you know, you're looking at the index is there Are you looking at also crude oil or uh, some of the currency futures or uh, gold, etc bonds Yeah, not so much now if if you and I were talking two years back I was I'm laughing because I was always showboating that again I know there's one or two guys that know me back two three years when I was with quantum and That was a quantum trade in their chat room and yeah, I I was on gold CL I was on gc Uh, I I do a bit of the dr. Copper Hadn't done anything on the bonds as the ends and so forth, but I would have a go at go to anything Uh, and that was just you know Delusion in my own self disbelief. If that makes any sense sort of thing Uh, I used to enjoy that. I used to enjoy covering many many markets And then it was talking to it's talking to will shire who I mentioned to lirana It's also talking to chris narks and you know, they all gave me a bit of a slap about it because it's like just No one cares david when you're down the bar you're down the pub, you know, you're at little league. Let's say when You're asking you how it's gone. Whether you made your 20 handled your 20 points on oil or gold No, I say no, you know, no no one cares. It's it's whether you're you're a profitable steady trader And the thing with just covering these few markets. I I do So I say live and breathe them But you know that they're in and out of me. So when I've got to follow the news There's any a little bit that I've got to follow That all said I've not run. I think i bruise. I think any ran golden Oil on book map not long after I I had it. I don't know why i'm asking you because you probably won't remember But I I did run it for a little while But I don't I don't today and I was talking to moby about this little while back because I know he He likes to have a little bit of dabble on on other bits and bobs Um and to stop me doing it guys if I was to stand up and sit on my hands To stop me doing it. I I don't take any of the feed again. Bruce knows I just take this part of cme So I see what I see now. I do have a bit of 6b Which is a pound dollar a bit of betty as I call it but then that's the cockney rhyming slang of betty Gable cable and cable was the old name for the sterling dollar So I I do have a little dabble on that Primarily when there's a bit of news brewing so In december we had a brexit legislation looking to go through parliament and so forth And and the pound dollar was sort of ran about let if I recall run about one dollar 30 And I was long on that on 6b, but otherwise I don't but I I'm a little tempted bruce. I might say one month. That's sort of expand me out But you know, I hopefully the point across is no one I say no one cares what you're making points on You know as long as you're making points And at least I don't have to worry about opaque and all these other news things and so forth I just I just but the stocks are getting me going for sure that that dx freedom book map is is something else And you know seeing what joseph's doing he's phenomenal trader phenomenal trader and the and the post He's putting into discord free of charge that he's putting there as well mind bending and so forth So, uh, I think if there's an area I'm going to go into a little bit more. It's probably going to be the You know the stocks in particular those meme stocks where the liquidity is good Brent's notes are fantastic. There's you know other things out there Uh, and there's some huge moves. Absolutely huge moves. Oh dear me. They're worth Multitasking I can't do this, you know So, yeah, I think stocks there's a long answer bruce, I think Okay, okay great Let's see. Um, guys, I put it in here a bunch of times. Uh, uh, tarantino trading. Uh, look look up that If you want to reach out to david in discord There's also just if you can't find them that way Please just jump into um the futures room or you know, uh, one of the rooms in there I mean, you'll see it. Uh, he's in there. So, uh, that that'll probably be the easiest way then If you can't if the search is not working, I have I've struggled with that search as well I am 100 sure that this is his his handle in discord. Um, so yeah, just you might have to you might have to look for it So, sorry about that. Um All right, um, let's see, uh, no other questions. Uh, let's see. I mean, uh, spieloslawf is asking about, um, Do you have daily week at profit or loss targets? Uh, very good question. I don't any more. Uh, and like a lot of traders when you start out I think you've talked about this bruise scott talks about it and so it's a great question In terms of you know You look to you want to make as I was in forex, you're looking to make okay If I can make 20 pips and then I do x x contracts a day Then I can be making a three four five hundred dollars six hundred dollars or whatever your target is Uh, and the challenge on that for my own little psychology is that let's say it's let's say it's now, you know My four o'clock now. Let's say I haven't made a dime and it's four o'clock And then I'm like I'm starting to beat myself up frail myself because I haven't made any pips up or dollars And then the risk is you start to do some dumb trading, you know some revenge trading or or whatever the phrase would be So it was it was the a right little stone talking to him at uh forex flows. He was a forex like a great great trader So just just skip it and just don't don't even bother about don't even think about that enjoy the market if you if there is such a thing as enjoy it and Points will come. You know, sorry to keep repeating what scott says No, but they do they do come They will come just try and sit on your hands and don't have those those sort of targets and for me I'm grateful literally if I make 20 cents in a day and I know that sounds a bit crazy But if I come away and I've made a little bit of greenery You know, god bless that that's that's sort of where I where I am and the the big days will come They they do they do the lady luck comes along and whether it's fmoc Or it's you know, I blame yelling a few times or something like that or cpi Uh, and all you know all the screens or all this stuff here is just telling you to You know to hit the beard or hit the ask I'm not enough you go the the key thing there Is to have the conviction to scale Uh, I've not talked and I would struggle to talk Bruce about pyramiding But you know the the idea of using markets money I'm sure most of you know about that, you know, like I say in you You know, you get two three points up You get your stop loss to break even or a tick up So it's to that burg and fry area and you can stick on another contract And depending how you set up your trade so like with ninja, I can I say aggregate them so I I can average them together or I can keep them all separate as well But but essentially, you know, once the trade gets going I scale and I'm not risking any of my original and account. I'm just risking the money. I've I've got on the tab Worth learning how to pyramid or play with pyramid and learn, you know play with it in sim and so forth The other way to do on that as we I know we often talk about Is is playing around with micros And that's a don't you know, if you want to get you learn it in sim if you if you're if you're on the on the minis And then go on to micros, you know, I I do trade micros not as much as I used to and that I'm I'm laughing on that risk because there's been days here when I have been trading micros not for many months And suddenly I've I've scaled away as I'm saying and I'm like on 17 18 micros Which feels really good and then I've got it over 20 And I'm thinking what are you doing because the commission on the micro is not Is not a tenth of the commission on the mini but still yeah, you know ways of learning so long answer guys No, I I don't have any I don't have any targets and I don't know if many of us do really Bruce Do we I don't you know that do this, you know, I've been in this for good few years As you can see as an armchair trader for the thing Yeah, yeah, no, I mean, I really liked you mentioned this yesterday when we chatted I mean this Very very simple straightforward You know trade management rule of yeah You make money in the morning and you play with it in the extended hours Eth and then regular trading hours Now you're going to risk that and if if you lose it you lose it, but This is a really nice approach to you're playing with the bank's money and you and you you know You know don't don't risk more than that So Yeah, I love it. I think that's a great way to go Yeah, and I'm I'm fairly tired of my stops again Guys will see that in in my posts and I know when I when I first started to to work with the skipper so to speak I think perhaps I've surprised tom how frequently I get billy busted out as I call it But I I'm I'm you know, I'm happy to get into a trade get smacked out with one tick But I've learned not to take it personally And so if it was a good trade, but I it just came back on me a little bit Then I you know, you know, I go again the other thing that you know, I feel I'm pretty good at these days Again, you see it from some of the posts is being you know, 360 180. I'll just flip around So we're not trading here, but you know, if we if we're going here and we're going there is is Not trying to chase the algos around the chart But being you know, I'm up for a long. I'm up for a short. I'm up for a long. I'm up for a short So again back to using the signals on ninja using the signals on book map with a bit of that gut feel I'm just being open to to go with the flow go with go with the money, etc. Where it's smart, but you know, this is Okay, maybe I'm making excuses, but you know, this is not that is not nice I I know some guys who've probably made a lot of money On this in the past 45 minutes and so forth, but there's a lot of mixed stuff going on there Isn't that has to be separate, you know, so Yeah, yeah, absolutely. I mean like You know all sorts of new positions or you know flow from old positions new positions and and last You know last week or so basically You know occurring here. So it's very difficult trading. Um, not not the best time to have pro trader webinar series, but No, I have to keep that in mind next time No, no, definitely definitely. I'm with you know to my beloved live unicorns as as I call them here Again, I know, you know, Brent and Matt are doing some fantastic stuff because this guys this is a platform as a service I'm happy to be corrected on that. But you know, this this runs on The high-end black boxes, doesn't it Bruce at your end on or you know, amazon and so forth So this is the platform as all the hard left has been done off-site and then you just get this beamed this number beamed in You know some days we've had this number I'll say Brent if he ever watches this, you know, Brent we some days we've had this number It's been into hundreds of thousands. So it's it's context. It's not a massive number Uh, maybe because that's because of the witching. So Whilst we might get a little bit excited It's on the way up and then it's it's then flattened out. So, you know net nets, etc, etc So it's all yeah a bit of a battlefield a bit of a Yeah, I mean, it's it's nice that we have the In that hero there, I mean on a day like today You you get you're getting the cumulative volume delta there and the green line and your sub chart there um, so You know get a kind of I mean who knows who's doing what? Today, but We can see there's a lot of buying coming in here. I'm very curious about that Yeah, this is kind of outside of your presentation. I was very curious to see what would unfold today with the with the options like, you know, is there going to be like I was kind of anticipating this update yesterday get out of the options positions today Reestablish the new options positions and looking for this to drop But, you know, what do I know? Um, uh, you know, Prince the expert here He is isn't he just he just is all night. So Yeah, yeah, I'm cautious of saying something when he's going to just be cursing and swearing and going, no, no Yeah, yeah, exactly exactly. Um, so I no more other questions here anything else that you want to cover David No, that's great. Thanks. And you know, thank you everyone for listening to me babble along with my my armchair stuff. I mean Hopefully there'll be a chance maybe another time Bruce. Uh, perhaps we'll just do in the future Maybe I call it a live trading But you know, we you guys and girls got an idea of what I'm about and noted that video will be there and then perhaps next time We can just you know Play the market and I I'm very happy to do an opener or something like that, you know, it's like like Like j-trader does that's for sure Yeah, excellent. Excellent. Well, yeah, thank you so much, David. Um, uh, very very nice having you in here We'll do this again and You know get some other guys interested here too as well You know, we can learn from each other. That's a big part of the bookmap community. Uh, so Yeah So thank you very much, David. Very very nice presentation. Thank you very much me All right, uh, no more questions. Uh, and lots of thank yous are coming in, uh for you, David Let's uh, we'll wrap it up and uh, uh, we'll um, uh have a good weekend everybody Uh, thanks again, David Yeah, nice weekend everyone and catch catch up all in discord, please. Yeah, definitely Okay, all right. Bye. Bye guys. Thanks. Take care. Bye. Bye. Bye