 Good morning traders. Welcome to the book map live trading webinar. This is Bruce at book map Today we typically have J trader Joseph Wednesdays 10 a.m He had to cancel this morning have J trade so he Won't be presenting. I just wanted to let you guys know about that He was flying back from the US and is now back in San Marino But is not feeling well. So and the long long trip so I can understand that take a break from J trader today He'll be back next Wednesday tomorrow morning. Scott Pulsini futures trader at 10 a.m So look forward to that. He will be trading live. All right, so our education In here with a book map in these webinars. We have an educational course. It's online I'll show you where that is. This sets the foundation for you guys And it's under bonus materials here. Go to book map underscore pro or book map search on YouTube And then go to right here bonus materials on Educational book map educational course and then you'll see the four videos here four part educational series Please just start with part one And maybe maybe part two and then that'll set a nice foundation for these live events here So we'll do live analysis. I will go through the market today Any market that you guys want to look at we're happy to go through it for you So let me know in the chat and we can look at it We start and usually stay with the S&P because most people want to take a look at the S&P E-mini All right, let's go through some disclosures here General disclosure all book map limited materials information and presentations are for educational purposes and not she it should not be considered Specific investment advice nor recommendations the risk disclosure trading futures equities and digital currencies Involves the central risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results All right, so let's jump in here. Let's take a look and see what's going on with this S&P all right, so Well, you can see the PPI data here this morning With a negative number was good negative action based on that today We do have the FOMC meeting minutes at 2 p.m. And we know that in general the markets are very Sensitive right now to interest rate Information therefore inflation information employment information PPI is an important one. All right, so a good PPI number means they're you know producers or managers are Purchasing so what that might increase inflation here Whatever you want to extrapolate from it The the market went down after the data. All right, so and this is the environment. We're in here Here's our cash open Move to the downside move right back up to the upside here. And where does that kind of leave us here? well right in the middle and a lot of trading around this kind of central core right here between Just below 3600 the figure And about 36 18 or so alright, so And we'll just look for opportunities in here in book map in the order flow What is it telling us? And that's the whole goal here Understand the elements on this book map chart understand the market mechanics. What makes this market work? Book map is excellent at showing that and that's what our educational course is about And then you can take that information And then apply that to any time frame you want All right in fact, let's jump back and take a look at some higher time frames here Okay, so this is just a basic candlestick chart And we're looking at the daily chart here on the left for the ES And you can see the other moves to the downside this nice strong move to the upside But then countered with a strong move to the downside last week And now we're down at these lows again. All right, and we're playing around with these lows down here We see that there's some buying pressure down here a little bit some wicks like yesterday And then today well the daily is we're at a doji there right in the middle So there's wicks on both sides here. There's buying pressure. They're selling pressure Let's look at the hourly here and We'll cover in the daily chart in the order flow Basically, it's a move to the downside and we're slowing down. We're starting to see some maybe some profit taking maybe some some Some buyers getting interested Maybe they're speculating so just starting to understand it But we don't have I mean basically the trend is down We're looking for more selling on smaller time frames to give us insight to this daily direction the hourly here so what we saw a nice move on the hourly yesterday to the upside and Filled some gap. I'm sorry. It was down here filled some gaps up in this area in here big gaps up here On this hourly. Okay, so I haven't come up into these areas yet To fill them. I mean it you know, I mean it basically filled here But this this one remains open. Okay And we haven't seen any kind of retest back up there. This is the market pulling away from that area guys Look at this island up here. I mean we cover this kind of pattern in here all the time This is trapped volume up here. There's no question Any above this swing right here filled it actually filled this gap here And then went above this swing up here to on the on the hourly And then it rejected. Okay, it came back down and then opened up down here and Down to the downside Last week and then we can see the this week here the move back up Just just to fill some of these areas a small little gap in here I know that looks pretty small in there, but I just I guess we can go back and look back period of a week Maybe that helps. Okay, so yeah, here we go here. Here's that gap from The other Monday or was it Monday? No It was this was the the the 10th here right October 10th Where's the 11th? I'm sorry. This is the 11th Anyway, we filled this gap here. We went above here. This was yesterday And then and and now we see this move right back down. All right not getting too much out of this hourly here Let's look at the 15-minute chart here on the right-hand side and we're just looking at the bigger picture here Right now just like we did yesterday. We want to just look at some of these levels in here of interest Where might we go? Okay, looking at buying selling looking at the order flow here on these charts Okay, I know it's it's not a lot of transparency. It's just open high low and close of each period And you know out a daily hourly and a 15-minute period. That's it We don't our volume is separated from all of this price action as well So this is not this is lacking a ton of transparency We're just trying to get a feel for the ranges the price action And we can see this move to the upside the move right back down Into this cluster of volume here right around 3,600 the figure. All right So now I'm really curious here if this is the retest here after this big move down, right? Okay retest and now looking for maybe potential Continuation here. So right around the figure here or 05 where we kind of are I'm looking for sellers Let's see if we can get sellers in here And let's see if they can move it back down into the bottom of these ranges here Bottom of this little range here around 98 and a half. Maybe you can come back down into 87 Maybe we have to wait for the Fed. Maybe it just bounces around here Above 05 or or 3,600. Okay, let's take a look now. We're looking at book map now We're looking at the details here. The we're getting a lot more transparency In fact, you know, let's just take this and simply look at Price ranges with the candlestick again okay, and We'll even take the heat map and volume off here just for now Okay, and point of control here Okay, so hold on a minute Saddar Saddar said or thank you a nice nice compliment in there so Let's okay, so no questions in in in YouTube. Let's see How's it going over here? Discord good morning 8th trader. Okay. All right. So we're looking at our candlestick chart here five minute and Again lacking transparency here just looking at open high-low and close But it gives us some ranges in here and we can kind of you know extrapolate and understand that wicks Here are showing buying selling pressure here buying pressure in here. This is what we're looking for our move back down, right here and We don't know where this might be going though. I would say initially Based on this right back down to here. Okay, so 91 or so But we don't know the details in here Okay, maybe we see buyers underneath these little this little range in here And it's a huge buying Opportunity and tons of liquidity in here as well. So this is where we want to look at the heat map okay, so We can even understand this as a potential flag pattern You know the move to the downside the move up trickles off and then a continuation and move up This is what we want to determine in the order flow And this is where we can look inside the candlesticks to get more information Okay, so let's do that. Let's turn on the volume dots and look at the transactions. Where are they taking place? Okay, a little bit big there but Move down pretty strong move at the cash open move back up pretty strong move as well and Yeah, not not really seeing too much here In in the volume dots within this range. So what we're doing is we're looking at the order flow of the volume dots within This candlestick or this price action. Hey these periods of data in the candlestick and yeah, not seen a whole lot at the moment buying did make a go down below the low here, but You know and seeing some back and forth in here basically. Okay, so nothing really shaking here right now Let's take a look at the heat map. It was the heat map showing us. Well, here's why They're buying at 3600 okay This answers the question right so this is the kind of transparency. We're talking about And being able to read that in here And this is something book maps really good at as you can see it's showing that liquidity here is from the order book They're still in the order book here at 3600. Hey, let's zoom in here. Let's see what happens here And someone was asking about spoofing yesterday. This is classic kind of in or indicative of a spoof right here It's layering in fact. It's even better than a spoof. It's high liquidity in here as well potentially High liquidity coming in and then it pulls comes in all together at once pulls all together at once Okay, what is their game in here? Right? We're gonna go over some game theory here Well, they don't want to trade they don't want to be buyers here Hey, we know that because they pulled But they seem to be staying here and they they are getting Filled down here. So there is appetite for buying here So sellers are taking it right back down to 3600 the figure now in this scenario Let's see if we get i'm looking to see if we get enough sellers to trade into these 205 contracts and through it Okay, that's what we're looking on our bigger picture as well our 15 minute candlestick chart Okay, so we're looking for a big red dot and then the break below this area And then the move potentially back down into about 91 or or maybe even 85 here All right, that's what we're kind of looking for Let's see if we get it Okay, and how do we know let's read the order flow Okay, here we go. Here's our big sellers here. Look at that push on the other side here to push it into and through 3600 now the event happened at 3600 Now we're looking for follow through Okay, is it a false breakdown? Might be might be look at that. Uh, we could move on the on the buy side right back up after trading into and through 3600 Okay, so uh, we don't know yet Okay, we're still kind of waiting and watching here. We need to see big green dots buying up here around o3 Okay, if we do I'm looking for a move right back up to here at o6 Okay, let's watch this And let's see Okay, back to 3600 More sellers All right sellers. Let's see you drop it now. I think we got our follow through here looking for sellers to come back in here This is a pullback to 3600 And let's see it. We're looking for our sellers here And a move back down to 97 95 maybe 94 to begin with okay, so Yeah, we got our pullback right to here where these sellers came in and Back and forth and some buying actually Yeah, nothing really good here guys. Nothing really good We're looking at this and we're trying to read the order flow and it's just not giving us a good reading here We're looking for clarity in the order flow and and it just didn't give it to us. We don't know And that's fine And we're looking at and we there was a great question yesterday about the if then And to try to understand what You know how to how to You know take advantage of this order flow. So if you see this then what do you do? And then the the answer that I had was well, the if statement has many Uh elements to it if this if this if this if this then likely this and then likely this A move higher right or into this liquidity here, but just looking for the higher. It's it's a game of probability That if then statement, especially a singular if then statement You're looking for like a hundred percent problem, you know, uh likelihood, right Market doesn't really work like that. It's probabilities So, um, how can you can you put a um Can you put an if then statement on like on dice? You know if I roll the the dice Uh, then you know, I'm gonna get you know, uh, uh, if two dice or two die Um, uh, I'm gonna get a one Up up to a 12 Okay, that's all you know That's for sure Okay, well, how do you how do you use that? How do you try to focus that? Okay, well you can use probabilities there If you roll the dice It will likely Okay Be Is more inclined to be a seven than any other number because there's more combinations of seven Uh in in that roll, okay, and then six and then eight All right, so it's it's again. It's probabilities So we're looking for multiple ifs Reading the order flow and the behavior of the traders here through their orders Then we're looking for where price might go next based off of their behavior All right, so uh, that's that's it I hope that makes makes sense. I think I forget who was uh yesterday that was asking about this And um It was it was great it was a great question, um, and you know We'll further explain it as we go along Okay, and right now we're looking for the ifs Of direction here sellers came in here Back and forth in here. We don't really know Here we saw a spoof Uh in here as well That was here. Yeah right in here um, and um But uh, you know nothing nothing shaken here Okay, there's we see we went to you know kind of below here But we saw buyers come come right back into the top of the range here The demo trader I think you may have asked the if then question. Is that right? Yeah, I mean I had a thought about it or you know, I think about it. Um, okay. Okay, great Yeah, yeah, and and trying to like put these pieces together. Okay now We're back down to here Okay below the figure Uh, and um, yeah, I still I still don't like it. Um, I mean like Yeah, you know the sellers may press through here All right, but this is a lot of buying in here Okay, so we're we may we may find buyers the if part here Uh is uh, if we came up here and didn't find any buyers Okay, I mean Then that would tell us something more All right, it even made an equal high in here All right, so uh one thing we can look at and we and we don't know if it's going to unfold or not Uh one thing we do know though is that if you do see Some buying in here like this They're going to be sellers down here Okay, we just don't know if there's enough selling pressure to press through Okay, and we we're looking for stops below that area and we do see that here Okay, we also see a little bit of iceberg buying here Okay, so Anyway, I just want to cover that. All right, this is looking actually better now Okay for another barrage of selling to hit 90 All right, there's our sellers here Yeah, and where do you get in on this? You know, we'll we'll read the order flow. We'll look for it to go that direction, but This is not I don't I do not see any kind of high probability trade set up here All right, because we're down too low already But we're looking for the continuation here All right, there's a little bit of a pull back there Okay, now, you know here come the buyers here and they'll probably pull it back to here 98 where it just kind of broke through And but again nothing really high probability here Uh, all right, so uh, let's see if I have any other questions in here. Nope looks good Okay, so guys if you came in and you're looking for a j-trader he was off today Was traveling he made it back home, but he's just Very tired Uh and not feeling too well either All right, so now we made it up here to the top of the range Let's see if we get more sellers here now the order book again nothing high probability here We're looking for an excuse to to to find something high probability. We're just not seeing it right now Nothing They're on the bid here We see buyers react to it You know, uh, we're but we're looking for sellers to come back down to 91 Or 92, uh, just just nothing nothing really great right now Another thing to take a look at Where is that we see some heavy selling in here? Okay, look at the bars here. Where did it take place? Okay, well, you know, you can most of it took place down here with these big red dots They're down here Okay, when we look for a trending move, we're looking for control all the way through Okay, now it is true And and we're going to talk a little bit about that and and we're going to talk about some patterns in here. I think um Yeah, you can change the colors to of the bubbles to whatever you like I can show you that it's under settings color settings here. Um, and uh um Let's see. It's under, um I think it's under buyers or no, um trade circles here Buy and sell all right, so whatever you like Okay, look at this strong buying come back in Okay, right back up All right, well, let's I look look for a little bit of a pullback here and then I'd like to see Buying come right back in There we go And I want to see him trade up to this o4 Okay Let's see No Now, yeah, there it is but uh, yeah, again, you know didn't didn't really like it. Um, here's why Okay, so again kind of passed on this one Uh, look at the order book in here Okay, and this is a strong move and we're going to talk more about the the strong moves here And this will set the tone I think for you guys, uh, and then we're going to get more into patterns. I think Uh, but you want to understand the strong volume and the strong price movement together Not just strong volume because it might just be back and forth All right, so what we want to do is we want to look at the strong volume and the price movement together Uh, and then the the order flow, uh after that strong move All right, so uh here and we can talk about pullbacks. We can talk about flag patterns Continuations trending markets, etc We've talked about and we've marked up the strong move for a long time Uh, and it gives really good information All right, so um, the So this was a beautiful little flag pattern here beautiful All right, and that moved to oh four like we talked about we're looking for it, but I just didn't Here's what I saw Hey, we're still in a downtrend Uh on the bigger picture Uh, we have this strong buying It looks pretty good the bid though is down here. They're not really bidding up too much here Right underneath this this pullback. So the pullback. Let's talk about that The pullback came to about the figure here just above the figure of 3600. Um, but um, uh, this little pullback here So you you can look for A pullback to this little area right here It because of this little blip uh in the market activity Here, uh, and then there's also kind of one in here a smaller one Okay, right in here see how it kind of paused and then broke out and it traded into high liquidity here So you can look at the figure as well And then you can also look at another area for pullback now It's a much deeper pullback. It's a hundred percent retracement back down to here where it broke out from And you would still look for buyers to support it. Why? Because it's a strong move Okay, now the stronger the move typically The shallower the pullback All right, so that would be a very bullish flag type of pattern in here All right, so uh, uh, we can really start to put these together these pieces together And look for it. Look look at this move here. Okay, so this was the second leg though of that strong move Here's our little pullback area here and this is it's lining up not only with this little pullback here But also this high liquidity here Well, it came to it and it kind of bounced off it here actually but it came here and it traded through it It pulled back deeper to here right the same areas we were talking about in the previous example Okay, that was it though All right So you can look for these levels in your strong move and then your pullback And you look for the continuation of the pattern Okay, or of the of the move All right, and then Then it's up to you how you want to manage it because this is already the second leg Maybe you want to take some off right up here Okay, because a move back up to where it it dropped from is likely Uh, this is still that kind of island remember we talked about that island here Let's see it's on the daily chart isn't it or no hourly, okay We talked about that island up here, right, you know just separated by the gaps beautiful. Um, so Uh, it's kind of the same idea here That we got a strong move An island of trap volume and then we're looking for another strong move on underneath here or move away quick quick move away all right, so That's why we're looking for if we get a pullback and you're looking for buying here Maybe consider taking some off around here All right And then look for the continuation and this one worked out pretty well All right so Anyway, we saw this potential move in here. We just didn't like the um the probabilities uh Regarding it. Hey, there were there was potential for um Sellers to come in and move it pretty quickly the other way Okay, so uh, so we kind of shied away from it here. Uh, and we missed it And that's fine You know, we're trying to look for something that gives us much more clarity and insight and that will lead to much higher probability trades Okay, we'll still go through the order flow and we'll still look for the you know the move to go a certain direction But in terms of um it being a really clear Probability uh or you know a higher likelihood of of it playing out it it just wasn't Okay, it's up to you how you want to trade it. Uh, if you're a risky guy, you like to the roll the dice Then it's up to you All right. Well, we're back up here and we're seeing buyers yet again here Okay, so uh, let's see if we can get the order book to kind of uh Give us some insight and look for move right back to 10 right here There's another little flag pattern now. Look at this flag pattern though here Okay, again, I don't like it. I just I just don't like it Okay, here's why The volume is not consistent through here It kind of came up here and then we got buyers up here Okay, watch this. Okay, if we get sellers right here I'm looking for sellers to drop it right back down to o three and three quarters Okay, let's see if we get our sellers right here. All right, here we go. We have good potential here Let's see it sellers right here And just try to move it down down to the bottom of the range here o three and three quarters And we're still getting some buying pressure in here Okay, well it didn't didn't pan out. We we really didn't get the sellers here And now we're getting our trend continuation here. All right, so We were looking for it. Uh, and we we had reasons for it as well That uh, the buying took place up here All right, not that strong consistent buying. Uh, this is much much better here Okay, now there's a problem though of looking at this up here We're already up pretty well It's it's a smaller move in here. That's that's moved pretty nicely And uh, we're up pretty high already in this so this is where you want to be kind of careful Uh, Mike you're looking at the dollar index Yeah, I mean the dollar is these days has been pushing the market a lot. Um, in fact, we can we can add in the uh and look at um In fact, I may we may look at corn. Maybe I'll take a look at a quick look at corn As well, uh, but I don't have the dollar index up, uh, Mike, but we can look at the euro dollar Okay, so hold on a minute That's the six e z symbol here Okay, another beautiful flag pattern here Okay strong buying now the thing is though is like we got to look at all this. Okay, so strong buying and then Followed by strong buying again Yeah, I mean Look for the the pullback here Let's see if we get our buyers back in here And then we can get a move right back up into 12. Maybe Again, I don't like it. Just just don't like the the uh, uh, the move here Uh, the reason being is this this order book is rather fickle and sellers can come in and just upend it immediately Uh, let's take a look at our six e if we get any insight here So we should look for euro strength here, uh, if we want stock market strength Uh, that that's been the Correlation, uh, let's add three hours backfill Guys, you can get more backfill data in book map. Uh, you will have to pay for it from dx feed Uh, so I think it's like 14 bucks a month Hey, it's it's up to you. Let's take the candlesticks off Oh, this is the wrong one No candlesticks, here we go. Hmm. So we're seeing dollar strength Yet, we're seeing, uh, the stock market going up Okay, that's a weird one, uh Okay, so yeah, here we go. So let's see if if we're getting that that dollar strength in here now This is we we got a correlation. Thanks, mike. Um Let's see if we can get our sellers down here and then the move right down to the figure here You know looking for it looking for it. This was you just you basically on this one due to that correlation Uh, you know, basically we'd be looking for uh, well, here's our pullback. We are getting a bit of a pullback There's your pullback Okay, so due to mike's correlation in there, which is great Uh, we're looking for there's your pullback. This is a potential entry on a pullback Now we're looking for follow through To the downside now the move happened up here now see look at the difference here now We'd have to be careful here. It might be a false breakdown But due to this move up and we're down below some of the strength here of the bind I'm looking for sellers now to take control here and try to move it Back down into some of these previous levels. Hey, this is a good one the figure right here Uh, it's the bottom of a of this whole kind of trading range in here You can see most of the volume is taking place up above this area Okay, this is what makes up your volume profile And that's why we see it here Okay, let's see if we get it here pullback And let's see if we got our sellers in here Nothing yet. Again, this is not we're only going off a correlation in here The order book starting to show there we go starting to show some strength on the offer here This is looking better now. Hey, we got the at least some some on the offer here at a lower level Uh, now we're just looking for Sellers, let's just zoom in here and take a look. Okay, let's take the candlesticks off for a moment Uh, and let's look at some of the micro structural areas in here looking for sellers right here Hey at oh three and a half If we get it right back down to the bottom of this range back down to 3600 Here we go Let's see it sellers right here and Let's see you move it down Okay, some on the bid there But looking for the strength of the sellers on down to 3600 Okay, take some off That's what I would do at least and look I I I want to reiterate again About trade management in here. It's up to you Uh, you know, you got to figure out what's right or wrong or what what kind of risk profile We'll go through this kind of setup here on a very low time frame. So you can understand the setup And then that can be used on all time frames Why are you here rasha? I don't know What what are you looking for in here? Tell me you tell me and I'll try to uh provide it for you Okay, we just went through a setup. We went through trade management. It worked out I hope that provides some value for you and it's I don't care about the trades in you know, it being correct What I care about in here Rasha is reading the order flow Reading and understanding the condition or the behavior of other traders via Their participation in the markets here can give us insight to where price might go next All right, so And we just went through that process and we were trying to be objective about it Now mike helped out here because we didn't really see much in the order book. We saw something We did see something in here. They're lowering the offer. That's good. We saw the move Um away from this strength here, right? Okay, and they they they brought it below that area right here. This is where those sellers came in right here And then right here, right? They're taking control of the market below an area Okay, that's the read here here. Here's the the line right here. Here's the sellers. Here's the sellers. Here's the sellers Here we said our pullback was actually here to begin with came back a little higher here at 05 Still looking for it though and we got it All right So takes them off, but you're still in it. You're still in it sellers are still in control Yeah, I don't have I I wish I I can get the dollar index in here mike Um, I should instead of looking at euro dollar, but they're they're pretty close. Um, but um Uh, yeah, I I like the dollar index. I just don't have access to it right now Oh, the liquidation indicator steve, sorry, um, get I'll get to that. I saw your question earlier Uh, anyway guys, um until we see something different We're we're still seeing sellers in control and we talked about the control movement And I want to get back to that about patterns. Um, yesterday we saw a beautiful pattern Uh and When we covered in detail if you guys want to take a look at it, let me show you where that is Uh on our youtube channel Okay that webinar Uh go to our youtube channel and then scroll down. It's right here catching a reversal pattern Uh and building a trading plan Okay, so we talked about those things yesterday guys. See how you're still in this move here And still looking for the sellers in here because they took control Okay, so the next area is down here around 95 All right, so uh, uh, you can move your stop to break even now. You've already taken some off at 3600 all right, uh and um You you know stick with stick with the direction until you see something different happening Okay, um, so uh any anyway, um, I'm losing that track here of what I wanted to cover Uh, yeah the um that reversal pattern I want to we'll go look at the liquidation indicator and then um, I want to go over some patterns in here That I think you guys will find very very helpful All right looking at strong moves and pull backs in here strong moves and pull backs Uh and then continuations All right, so uh And let me know if you have any other questions happy to go through stuff Okay, so uh, uh, let's take a look at the liquidation indicator. Okay now. Um, um, let's see it was um Steve asking for it. Okay, I love this indicator. Uh, I think it is I like it even better than the stops in icebergs Uh, it shows where the exchange is liquidating Uh, some of its, um, its traders Uh, their positions, uh, they're getting margin calls. They don't have margin to cover it So the exchange is closing it automatically. They're getting a margin call and um That's uh Pretty powerful information. Okay in the in the futures markets. We're looking at stops as being Uh, potentially something like a margin call, but they're not it's people getting You know stopped out of their position most likely could be buy could be entry By stops, but most of it is people exiting their position. Okay, so Uh, this is showing you the liquidation. So let me show you where the liquidations, uh, you can find them At bookmap.com. Okay, this is only for specific Um, crypto markets. Okay, so that's important to understand Uh, and we'll go here to bookmap.com the more button Uh, and the knowledge base here Okay in the knowledge base section, we're in the this section here the user guide We want to be in the add-ons section. So click on that and then Scroll down a little bit liquidation indicator right here. Click on that And here you go. There's a nice short video on it right here that will explain it very well There's an image here that explains it as well as text And then how to install it where to get it. Uh, and um, That's the down. I think it's up further actually Yeah, it's up at the top Okay, you'll see it on the right hand side too. It breaks it down in here Um, installation how to install click on that. Here you go. You can you can get it right here. Uh, you need build 7 0.3 build 26 or higher Download it here. All right, and then read about it here and then let's cover it It only works for let me this is important. Uh, Steve so You can see here This is important. It connects to only binance futures bitfinex ftx and bybit All right. Now it soon it will also offer it. Um in the multi book product All right, so which is great. That's great. Uh, you can look at multiple exchanges and liquidations All right. So, uh, anyway, what this is showing here is pretty amazing stuff. Let's just dim the heat map a little bit more here uh These are where people got liquidated here 92,000 Worth of bitcoin 29 separate events here Here's 74,000 on the upside. So this was at that 830, uh, ppi data So bashing on one side bashing on the other just hitting liquidations all the way through All right, so uh now what what or how I Find this to be rather interesting uh is Understanding if we get a retest back up here and we don't see liquidations in some of these areas up in here That's telling you something. It's like the market's searching for liquidity Or you know, it's here to uh facilitate trading Uh, if you don't get trading activity up here, that's exhaustion Look for the market to kind of trickle down look for sellers on the other side To trade it back down into the range and maybe the other side of the range To start liquidating people on the other side of the range Okay, so for example here. Look at this. We don't have any liquidations here nor here All right, we got we got a few here and we got a few here very little though very very small amounts All right, well, maybe the market has to go a little bit lower. Uh, maybe has to come down to 19,000 here Again, uh to hit some liquidations All right, so different ways of looking at this and using it and understanding it That's a very very simple and blunt way I would recommend uh, steve that you come to our discord Channel here You'll find it right from the here on the book map.com Home page here Join our discord room. If you don't see it there, you'll see it under community here On under the more button. Okay discord chat right there chat room So, um, yeah, uh, and then you can Um get in discussions with others further details On how to use this indicator right now. I'm just not seeing a whole lot It's like I said bashing on one side and the other side back and forth in here and We can we can actually go over control in here in that pattern. I wanted to get to Guys, this is going to be a little different education today On the patterns we're not going to cover your typical patterns like we did yesterday Okay, yesterday we talked about Like selling on on one low And then it comes back and retest and there's no selling here We saw just a beautiful example of it yesterday And it basically exhausted out We saw buyers come in we're looking for a top of the range and then some and then that was actually a reversal yesterday Um, that we didn't know that was going to play out But it did it and you could have gotten in on on pullback several times In a bigger picture Right, so that one trade event would played out and then it turned into a much bigger event Okay, this is not that pattern here. We don't see it. There is some selling here All right, so anyway Let's go back to the s and p. Uh, did I answer your questions? Uh, Steve And let me uh, let me come back and take a look here at the questions I'm sorry. I've been calling you Steve. Maybe it's rasha. No No, okay. No, I got I got it right. All right Uh, anyone have a problem with cqg data ben? I do not know. Um, I'm looking at rhythmic data guys really strong But look at this look at this really really strong bid here Uh, and here's our a strong move and then we're looking for another strong move here Okay, so where we god, where do we leave off on this? We left off up here, right and the move lower beautiful move lower beautiful move okay strength in in the in uh On the cell side Okay, it is upended now. All right, so let's let's go over this pattern All right, so anyway guys in in rasha. I'm hoping this provides you value Uh, we went through this whole thing of like this move to the upside not knowing not really I mean missing this in here catching this on the downside though Okay, looking for a pullback Uh, and then looking for continuation taking some off. We we've we even went over trade management Uh, taking some off looking for continuation because we just don't see buyers yet All right, so I'm gonna we're gonna start afresh, right? Uh, something I want to show you guys also with the drawing tools and this is for scott for tomorrow Um, he's been giving me a hard time about the drawing tools and not showing shortcuts to him um Using bookmap 7.3 Um If you download it now, you'll have access to uh, these short new improved shortcuts in there It's been in there for a while now Uh, but I want to show you So, uh, you go to settings Okay, go to keyboard shortcuts All right, and then in here you'll you can open up the uh file Structure here and you can you can uh program your own shortcuts in here So let's go to toolbar here Uh, and then um drawing tools right here. Okay, and I made these shortcuts Clear drawings just the letter c Okay, uh now if I click on here I you can edit it Or, you know, if you click on here edit drawings, um, you double click on it add a shortcut You know, we can put in e and see if there's any conflicts in here and there aren't right So look we can use the letter e to uh edit uh drawings, right? c clears all drawings horizontal line is l ray Uh, you know a diagonal line that continues is r All right, so good stuff there play around with these guys It will be a really easy way to very cleanly and clearly instead of going up here and then select Clear drawings and saying okay, whatever just hit the letter c And then I have I've got to confirm it and clear it okay I love that Feature and I should have showed that to scott before I think I did I did show this to him earlier. Um, but Anyway, it was it's been years So I'll have to Deal with him tomorrow on that one. Um, all right. So now, uh, let's we're going to look at a rectangle in here And maybe we should put in a rectangle. Yeah, I love that rectangle tool. So I think I will put that in for settings And oval maybe as well uh keyboard shortcuts tool bars drawing tools rectangle Oh, I've got ray for r. So I gotta um, Think of something else here Maybe t Okay t and then how about a lips we can say or oval Uh, I'll put in o All right, there we go Okay. Yeah, uh pro gamers. I glad glad you find that helpful. Um Yeah All right, so let's take a look at this chart here now. We're going to look at patterns order flow patterns in here Very very simple order flow patterns guys like and this is Again, this is based off of the most binary Yeah, I'm going to take I'm going to take the extra minutes and cover it like why we're looking at these um Who's in control type of move? All right, and we can even we can zoom in in here. Okay, we're looking at more It's not just to just to note Um, the definition of microstructure is sub second. This is not sub second data Okay, this between each vertical dotted line is five seconds All right, so just so you know that um, the clean clear Uh, proper definition of microstructure Okay, this is just very low time frame structural areas here Uh, and you can see a lot of gaming in here with the liquidity, but what we want to cover here Is what moves price? Okay, so here's the best offer the red line the best bit is the green line Um, in fact, we let's take the the heat map off And this is part one of our education Uh, and there's just the best bid and offer and the transactions on that best bid and offer That's it But understanding these moves here and the market mechanics in here are It's everything This is how the market moves Uh, and this can be used for much higher time frames We can go to your your daily your weekly your monthly chart Okay, so we're seeing best offer no transactions Uh, we see buyers here when the best bid came down a little bit Okay, came down a tick we have a three tick range here uh, and um Uh, and we have volume transacting only here right now at 3600 and a half All right. Well, then we see the buyers lift it here They actually move price up Hey one tick so an an aggressor came in here Uh, and uh hit the buy button. It's only for it's for actually uh four contracts here Uh and move price up Okay, they took liquidity off of the best offer and made a deal here with the limit sell orders here on the best offer at this price at 3600 and three quarters Uh, and um, and then the best offer went up one more tick, but nothing traded up here No one wanted to buy it up. No aggressor wanted to buy it up here Okay, the aggressors are are the dots the transactions Okay, instead someone wanted to sell it here and they sold it at this price level All right, so now what we're looking for is we have kind of this back and forth in here. We're looking to see Okay, when uh, someone might take this and move it to a new price level completely All right, so let's just zoom out and we have still back and forth in here back and forth back and forth here See the buyers coming in See them move this back up to previous uh areas up in here Okay, so this is what we're looking for Uh, this is where the aggressors are coming in and moving price from this area Away from it and maybe establishing a new trading zone here And this is something to look for okay, then you can look for pullbacks a low volume pullback Okay, so look at the volume in here Okay, we see you know quite a bit quite a few transactions. This is very typical at move price up Look at the volume in here. Look at the bars down here. This is the best way to look at it You can look at the the the dots and the size of the dots but Uh, since they are kind of skewed across or spread across multiple price levels It it might be easier to see the cluster here Look at the volume that on the pullback here. It's less right After the strong move There's not really a lot of buying yet. Uh that followed it needed to kind of like Uh pull back here and kind of fill that vacuum Uh of that strong move And then we found buyers that you know Started to buy again. Okay after this first barrage here They take kind of a breather and then they come back in and move it again These are the things we want to start to look at Because you can start to look for a test back up to here top of the range and maybe a breakout of the range So does everyone understand that? Is that is that clear? Okay, and understanding this move in here. So we're doing a real Um basic but very very quickly going over What moves the market? uh, and uh And then when they're moving the market away from an area Hey, does that this is not your typical? type of education and and for a lot of you that have been in here for a while I'm sure you're you're rolling your eyes And uh, it's just uh, it is is very basic stuff You would be surprised. I've talked to veteran traders who don't don't know this stuff They've been trading for decades and they still don't know this stuff They don't understand what moves the actual market. They don't understand like how orders Make up everything. Okay, not just the aggressors here. There's there's traders go. Oh, it's all about the traded volume And that's it and they're just wrong Uh, it's about the orders on both sides Also the heat map here the limit buy and sell orders on the bid here. They trade into it There's not enough to trade below it Here we have someone spoofing in here Uh, once they lift the spoof Buyers come in And they trade it back up into these levels These guys make a difference here. That's the other side of the equation Okay, we're not going to talk about that too much here today. We're going to talk about the uh of the aggressors Okay, here's another move after that move to the upside here. They are moving it right back down Sellers taking control at this place here Okay, so let's get back to our rectangle rectangle here And a rectangle here Okay, back to the previous range in here now. We're looking to see Uh, if we get enough Sellers here to drop it and we do Okay, now we're looking for them to make a deal with buyers and the buyers are down here at these levels All right, anyway guys now what we're going to do now we understood this move here on the very low time frame Uh and uh understanding, you know that this move price away All right, so let's clear all our drawings Okay, and let me know if you have any questions on that But we're now we're going to do is we're going to we're going to use that same information here On much higher time frame It is the same concept All right, so we're looking for Who's uh moving the market and taking control and taking it away from an area Now this is dependent upon What time frame you want to trade? Okay, because here if we look on this time frame zoomed out Sellers are in control from here after the data Here's our retracement and then this is just one big wonky Cluster of trading activity back and forth now. Why is that? Well, it's because no one's really taking control of it And and why is that is because they're probably waiting for the meet fomc Meeting minutes later Okay All right, so now Let's take a look Okay, so who's in control in some of these smaller zones in in these areas and this is kind of tricky stuff It's really back and forth in here indicative of You know waiting for an event later So We take a look here And let's just zoom in more. All right, so We we we said in here Okay, um, we we look for the um Sellers to come in below this area here. We saw that and we look for the pullback actually here, right right in here I like these shortcuts So we look for the um, we saw this move in here And then we look for the pullback like right in here It came a little deeper it came back and retested where they dropped it here And then we look for sellers to come back down in here trade through it back down to the figure and take some off Why do we think that? Okay, well the pattern we want to look at is the aggressors Okay, that's the pattern. So let's take a look at it again Uh, the buyers and sellers in here. Okay, so um On the way up we didn't You know, we didn't really like it. Um, so we kind of stayed clear Of it, but we see the the buyers in here taking control Okay, and moving this market up quite a bit of selling in here. Okay, but buyers come in one more time here All right now They're in control from that point onward From here onward in this range Where there's where they're disrupted is here Okay below the range and that's where we mark up these we've been talking about pivot lines or levels for forever Uh in here it's right here at 3600 So we get the move down below we get a pullback And we're looking for continuation now At that point we get the continuation. We know here. This is where it's key to to mention sellers Taking control Okay, so let we're just Marking up and and and I know this sounds simple, but Try it, you know, uh look for Where sellers are taking control and mark it up You'll be amazed how these um, how these work Okay, um and um Uh, and we said, uh, you know, we're looking for that continuation Which we got Okay, until we see something different Okay, even down here. This is still looking really good. I have to have to be honest Here right and that that was where the reversal took place, but they got upended And how did they get upended by buyers? And it's right here our pivot line again That's why we always look for where it dropped from and we actually look for more selling to come in and continue Always look for trend continuation to begin with If it doesn't and we see that disruption and we see the buyers taking control now that now they they're they're taking control And we're looking for back up to test some of these other sellers in these pockets in these areas Up in here for these pullbacks And um, and that's it Okay, now what one of the things that we look we want to look for in the order flow here is um strong Consistent selling or buying okay in this case selling Uh and moving price at the same time. Okay, so this is it This is it Okay, this is it on the buy side. They just this was the high though, and this is where they got disrupted And we look for that too Where where where that might happen Uh, so let's so go through the exercise here um Where the sellers took control and Uh and move price. Okay now note in here We want to look for where the strong selling is. Okay, this is truly where they dropped it here But the strong selling came in here Okay, so we can look for pullbacks into those areas Now we we talked about another area where there wasn't strong consistent selling it was um It was just selling uh down at the very bottom here Okay, and it wasn't very strong within this area here here. It is strong. All right. I'm just I'm not going to go search for it and and uh Have to have to show it. We'll we'll show examples in real time No, no worries about that But let's suppose it was all strong selling here and nothing here Well, that's very easy for buyers to get back above it Uh and then and then trade it back to here and maybe even further right and and basically that's that island again Like this here Okay of trap volume If there was strong consistent buying all the way through here, maybe you got a gap fill and then continuation All right, so look for these things. We want to see that strong consistent buying and consistent price movement or Price movement along with it. It has to be coupled with it now. We can look at this here Uh on the other side. All right, and we'll get to the current market. Uh, and uh Uh, right now though, uh, we're going over. Wow strong consistent buying Flag pattern pull back strong consistent buying Okay, let's continue on okay. Not so strong and consistent in here. Okay. Not bad here. Not bad Right. Look where sellers try to disrupt it. Look where the buyer. This is a battle here This is where the buyers come right back in Now this is a pullback here. Maybe on a higher time frame to these guys here Okay, see how we marked that up. We didn't know that I didn't know that Uh, and you can look for it though. Now, this is a battle back and forth It's kind of hard to judge, but we see strong consistent buying yet again All right, so this zone in here looks pretty good Okay for maybe some back and forth in here If we get more buying back up into the top here, we look for Oh, you know the move to back back to 05 right here and that liquidity And then 08. Okay, and that that move here All right, so the pattern we're drawing up here Is this is the strength uh in the buying and selling Okay, and then we're we're we're looking for Them taking control of that market And then the uh, maybe the continuation or at least the range to establish a range, uh as well Okay, so we can let's just keep continue on here And we'll get to the current market. Okay again strong consistent buying back up to the top Okay, uh good here Not we'll take it to the top here, but it's really good in here not the top so much right Okay, so maybe we're not we're starting to see a little bit of lack of consistency on the top of the range here Maybe we'll start to see reversal Maybe we'll start to see clusters of selling down at the bottom of the range in here Okay, we're getting a little bit And let's continue on All right, here we go. So we came back up here found some buying But look at where's that consistent strong buying in here We don't really see it, but we see selling now on the other side Okay, and we're getting selling down here. We can look for A pullback up to here All right, and then maybe we'll see sellers take it right back down to the bottom of the range And maybe back down to test these guys down here Let's see Okay, no We didn't get it. Uh, we got the sellers down here, but they didn't they didn't continue on down into the lower level here Okay, uh, and then uh, yeah, we got nice strong buying yet again Okay, and uh, yeah, not not so bad. Uh pretty pretty good and pretty consistent here Okay, all right. So that brings us to current market Let's go to uh, uh this level here Okay, and this level in here. Okay, so now Let's just take a look here Uh, no no treasury charts up here Uh Fth so, uh, sorry about that All right, let's see if we get uh sellers here And then the move right back down to well, I look for oh six Now let's see here though. We're looking for here's some sellers. Here's a pullback and here's some sellers Let's see them do it again Okay, and then now try to break it below see the strong consistent buying here looking for them to sellers to break it here Okay, they have some we have some on the offer And not seeing it yet not seeing it Okay, look at the look at the buying or the selling down here. None, right? Okay, so back up to the top of the range. It's not ready It's not ready. There's not enough sellers in here to to break that. This is actually the pattern we saw yesterday Selling on one none here buying back up here, right? Okay, now look at the buying up here Okay, is it is it really uh, uh that strong compared to some of these other areas? No, not really All right, so there's You know, don't drive yourself nuts was looking for a tradeout opportunity here Okay, look at this here. There's some exhaustion here Selling on the offer here Okay at o9. Did we get a lot of selling here? No No Okay, yeah, I'm still to be honest I'm still looking for them to to try to break it and come back down into o6 or this liquidity at o5 and o4 Still I'm still looking for it. I just don't see it here Uh, you know, we can look at this little area here Okay, we can look at um, and then there's really nothing there's a little area in here It's just not strong right, so so I I'm not from the participants of these Sellers in here. It's not convincing Okay, and if it's not convincing Then we don't know with you know higher probability where price might go or based on the uh, that The participants in here in the market Okay, so uh And and that was a good decision Okay, all right buyers back up to the top of this range All right, let's see. Let's see the um, uh, let's see if we get more we're getting buyers up here Hey, let's look at our pullbacks where those might happen right here Back to the top of the range Of here this breakout Okay, this is the next area here All right now do we get buyers back up here? Yep a few Yeah, I mean I'm looking for it to come up to to 13 Uh, I just don't like it yet again It's it's not bad though. It's not bad Okay, I just it was starting to get a nibble up here, but It's just not strong enough in here. Uh, so it it it did go to the top of the range though All right, so what Let's just kind of mark it up. It's not the strongest, but this is it here Okay, and this is our pullback now. We're looking for buyers here and then the move to 13 14 15 Okay, there's there's another caveat in here now that and I hate to say those kinds of things because I'm trying to keep it clear and simple Right that we're looking for these moves The the caveat here is we've already moved, you know quite a bit For today at least And in this move here Okay, now that doesn't mean it can't continue Okay, we're still looking for it to continue But do you want to be buying up here? All right, that's uh, if it unless it's super strong and and super clear then yeah, you know, I would The order flow would be telling me Okay, but I'm not you know, I'm not really getting that uh conviction up here Uh, so what you know, then I don't get caught up in this kind of stuff in here Okay, I hope I hope this is just I hope this is resonating with you guys. Um Uh, thanks mcloco. I I really appreciate it. Um Uh, you still like the the cvd uh divergence. Okay Well, you're going to see some divergences in here. Uh, again, you're and you know why though now, uh as well Okay, so um, so look at look at sellers come in here, but equal buying coming back here It's just nothing really did to you know, really clamor about in here That's convincing that we'll get our sellers to come in trade it back down here and then back down to 05 Um, or here, you know 06. It's just not convincing monkey, but Very helpful as always. Okay. I mean guys, we're trying to like kind of break this down and uh Into it's kind of basic elements here Okay, so uh, we we can um It's we can easily do that in here. This is not rocket science at all Okay, now here here comes some strong buying. Okay, and um We're gonna looks like we're gonna get our move now. Okay. We that we were originally looking for Okay, they came back all the way back down into here where they kind of originally bought not to not to this pullback here uh To to here Okay, uh, and then they kind they followed in here with some strong buying again I I didn't even like this in here because if I see strong buying But they're not able to move price at the same time. That's not a good sign Right. It typically is iceberg order and it is in the in fact here. It's an iceberg order. They ran right into it here Okay, so uh, you know, it's a larger player that was absorbing this here with his iceberg order All right, so now let's let's we're gonna take this a little further then this idea We know there's strong buying in here We don't we know that now we're looking to see if we get sellers back down. Okay, here they are already Okay, so now there's a pullback Now let's see if we can get it and that's looking for sellers here right now trade it right back down to 10 And maybe through it Okay, but I would be taking some off here at 10 There it is Okay, so getting in here Taking some off at 10 now. I know that's only like a Like a point and a half or something. It's illustrating the point though Okay, and then stop to break even here Okay, and then I'm stopped out of break even Okay, but I was looking for and now that actually is kind of a pullback here too Okay, and you can jump in again though here and look for the follow through to the downside Okay, down to our oh six area. Let's see. Let's take a look here Okay, our oh seven and then our oh Six here. Okay Okay Yeah, I don't even this one is not that great. There's not a whole bunch of strong selling in here that and we need to see that Right that that's the conviction we're looking for Okay, otherwise we just might get stuck in this range here Okay, let's see it right here sellers and hit it Okay, let's let's clear it. Is that Do you guys have any questions on that? range and the season of cvd Especially when they are opposite each other um I'm not sure what you mean So what anyway guys see see how we we even we knew something was up in here Like did we get our strong selling in here? No Right, we got some down at the bottom of the range though and that's we just talked about it We don't want to see it at the bottom of the range like this We want to see it strong and consistent all the way through So what have we done? We've come right back up to the top of this range here. That's it Okay, so it's very range bound in here. This can be extrapolated into some range bound strategies as well Okay, james that helps you Helped you learn more before the activating trial Yeah, well you'll um Yeah I hope this And like I said, you can look at all timeframes in here Uh and and and start to uh put these pieces together. Okay by marking up some of your patterns in here Right and then now where this can lead to is all the patterns you've read about in the past all of them Okay, so let's clear our drawings and let me show you Okay here if you get um If you get that strong move Here's your small pullback and then you're looking for buyers back up here again And then continuation and that's your flag pattern All right. This is a very deep pullback right here And we don't know if it's going to hold or not right now It looks like you're going to trade through it. There we go Okay Yeah, I Still still don't like it here. It's not this is not strong enough Okay to move the market. We're looking for it to move away from that area here It's looking better now, right? Okay, so where would your pullbacks be in here? Okay, one one could be here. That's a good one One could be up here as well One could be even here Okay, now again. Look look at this. We're talking about relative volume in here This is just not it's just not quality stuff right now Relative volume was looking pretty good here On the sell side earlier Well, it's not now Right. Look at that buying cluster come in pretty strong buying uh programmers um some nice success stories in here um Well, I mean you just just you're just trading your plan and nothing nothing flashy and wild in here um, but um Yeah, oh, I'm sorry. We'll get to cvd in here Let's take stops and icebergs off and we'll take a look at cvd. Yeah, I don't know Hey guys, here's your pullback here Okay, so it some we we're getting some volatility in here now We're getting volatility in here, you know strong buying strong selling strong buying whatever It's because of the european close right now Uh, I'd be more inclined for this to trade back down to o five right now But uh, there's there's some back and forth in here right now So again, it's just not i'm not touching it, you know Uh until we see something something better here Okay, not bad not bad but Again, you know, we got we got a few more minutes here and some back and forth up at this level here Okay, so let's see the divergence you saw And uh Got it. Okay. So yeah, um McLoco if you could also Maybe include um, oh, yeah. Okay. I do see the time frame. So you're looking at two minutes Okay all right We got two minutes here. Okay, uh, and uh This uh kind of at A miss here. Hold on a minute 15 to 8. Okay or 8 to 15. So 8 up to your 15. Okay. Got it All right Let's clear our drawings Uh, and you're looking at that cvd Hold on a minute 9 oh wait way earlier. No, you're you're in a different time zone. Okay Okay, so yeah, you're looking at this in here. I think right? Yeah um Yeah, I don't know. I mean like um again, I just like the looking at the placement. I mean we we can kind of You know understand due to this this buying in here that there's going to be a divergence potentially here potentially um And uh, there there is okay, uh from here Okay, over to here okay equal low, but there's still stronger buyers in here There's more buying in this range in here than there is sellers And that's why cvd is higher Okay, and then um, I'm not getting much out of it to be honest um Yeah, this this this looks pretty good in here for it should You'd be looking for it to trade into 15 and 20 right based off of that Again, look at look at that. You know these areas in here like if there's like, you know Some some pretty big buying in here, but did it move price again? That's really important to understand That's how you get your divergences Because there's someone on the other side, you know, uh absorbing it like uh, we can take a look here at icebergs So here they are. Here's your icebergs right in line with it, right? This is where your iceberg tool can be really really handy As well. Why is cvd going up? Why why didn't this move go up here? Well likely because of a lot of the Absorption on the other side here in this case it was icebergs Okay, icebergs have been buying in these areas here and now we got the bid here underneath us Let's take a look. We got the bid here underneath us european clothes just closing uh and Icebergs all right buyers here. They got enough to break it Let's see them move it up to 12 Okay, and then maybe we'll get our move to 15 No They they maybe we can get a retest back up here again. Um, but uh This is our pullback here then basically All right, here we go. All right. Let's see if we get our buyers here See, this is where cvd kind of it kind of um I just find it kind of tricky to be honest. Um Here is here is making higher high higher price or equal price level up here But there's more selling in here at this point Yeah This is where it just kind of trips trips me up to be honest mcloco. I I don't like it. Um That it's just not my way of looking at things. Um The placement of the transactions in the order book in here give me much more information Yeah Yeah, didn't didn't get that one. Um, but let's see if we can get him. Let's see if we can get a move back up now Boy, and I don't know about that. Let's let's let's zoom out here Bottom of the range Yeah, this is just all over the place again. Let's just go through that strong buyers and strong sellers I don't see anything else after that really We're looking we're looking for the strong buying right in here, right and then the continuation on up And we didn't get it Okay, now that that harkens back to did we get it in here, right? And this is my own own mistake in here Did we get it in here? No, not really right That's not the that's not the flag pattern Right, and it's all all back and forth in here Okay, let's see if we get our let's see if we get some buying in here To try to upend this kind of weak selling or this see this is pretty weak move here on the sell side We're just looking to see if we can get back up above here. Uh, and then back into 070809 Yeah, here we go Okay, now let's see. There's one move. Here's a pullback Let's see it again buyers off of this pullback here Let's see if we can get some buyers back up here and then a move to 0708 and then uh Maybe 10 It's pretty weak guys again. It's just not good stuff. Uh, it's just not that strong When it's clear it's so easy That's just not that clear This is this is not that clear And uh, we're seeing the results from it Okay, this is better Okay, and again This is good kind of petered out right there Now here we go. All right. So we're back up here No, I don't like it. It's looking good there right here It's just it's just not it's just not good stuff. We We want to see this is not bad, right? And then we got we got their continuation here That's about it. Okay, so anyway, my local uh, london close. Yeah, thanks he um Um Yep Yeah, guys. Well, you know, what what what did we see today? Well, we started to identify and go through some patterns here in a different way um was uh the Kind of recap here It's a really back and forth day And but we're still going through it on lower time frames because we can there is there is enough movement for these lower time frames To go through these examples And then we're looking for some clarity in some of these examples and we just it was hard to find some some clarity in them in them And some were much better than I mean much better than others and when we see that it's it's um We look for the continuation of the pattern right, so We'll start with this basis here of Of who's moving that market? Uh, and then we look for the um now this see this looks pretty good All right, so let's see if we get a little bit of a pullback here All right, this is much better Now looking for a bit of a pullback And then continuation on up into o nine 10 and 12 There it is It there is no pullback here. It didn't give us a chance to pull to get into it All right, but but see how we we we had a hard time reading it in here and it's not being It's not a hard time. We just didn't see it Uh, and we want to be clear on it Right, so here we got it here And and a little bit up here And then we look for pullback maybe to here and then continuation on up into You know 10 On up to 12 and then still still we can get to 15 here Okay, what about this pullback? Not bad Still looking for looking for continuation Okay on up to 15 Okay, and see here the pullback is not bad in here And now nothing Here we go. All right buyers. Let's see it here. Let's see if you want to go on this move looks like it looks like they're gonna do it All right, now we're looking for these buyers to lift it And it's all dark in here We covered that all the time but still looking for it here buyers back up here 12 And then continuation Okay, no buyers up there sellers back down where they broke out from anyway guys We we did get this move here This one is as traded now through you can see that you can see where it traded through It's here Right here, right Okay, we're that strong move initiated and then sellers coming in Here's sellers on leg leg one Let's see if we can get a pullback here And then leg two. Let's see if we can get a leg two on the sell side now Okay, your pullback trade would be about here Maybe even all the way back up to 09 Okay, let's see Okay, now now we're looking for sellers here right now and the move Not not convincing selling in there. That's for sure. It's working. It's doing it Again, not convincing selling in there. We did get the pullback here Okay, and then sellers did trade down to this this liquidity here. I'm still looking for them and trade through it Okay, so again now trade through it sellers. Let's see it And then let's see if we can get back down into where let's take a look. Let's zoom out And then right down into here or here 3600 And guess who comes back in all right, so again though You can take these positions in and And look for the follow through We don't know if this is going to happen or not But you get you took some off maybe at the at the bottom or you're looking to take some off more And your stop can be a break even and you're looking for follow through All right, so uh, this is a a pretty nice way to uh, or it's a consideration for Managing your risk in here going with the strong move looking for a pullback and then looking for continuation All right. I mean look look how this this is a battleground here and look at this Right. We this is where we saw the buyers above sellers below now buyers back up above are on the bid here We got a strong move actually this looks great here For flipping again and looking for a completion of the flag pattern up to 12 and 15 here And there it is Right, so it was the move back to here And then the continuation now i'm still i still want to see them move it up to 15 Now let's see if we can get it because this is even stronger in here And all right buyers. Let's see it and now 15 Okay, and there there we go All right, so pretty tricky stuff in here We looked we looked for buy side look for it here at the buyers up here at 12. They they they didn't come in Uh, and we got down to the bottom of the range and we traded through we look for a pullback And then the the next continuation We did get down a bit lower here Uh, and then up here we it would have been a stop at break even Uh, and then uh on the move back up To this previous level right here was the battleground strong buying strong bid Looking for those strong buyers looking for the move back up to our original 12 and a half here and then our 15 okay, uh, and Yeah at this point Well, it's pretty strong. So let's see if they can do it again and then hit 20 here So maybe a pullback to about here 12 Or a 12 and a half Okay, just marking these up. Let's just mark these up again Gotta get used to hitting these buttons here okay So pullbacks here pull back here. Look at that. We covered that today right here, right that little little nook right there Pull back to that Okay, now it's a deeper pullback here Okay buyers back up Now the pattern the pattern's broken Now this this in here is is being really challenged here Here with a selling all right. So again Not getting that clarity in here. All right. So nothing nothing shaken What is cbd cumulative volume delta? Uh, demo trader Oh, thanks, james. Um, appreciate it. Uh, let's see here if there's anything more you guys want any other questions you have Yeah, no, that's uh, that answers the question. Let me let me I can show you something on that Um Anyway guys, this is not not the greatest day for I mean it still works Believe me. Uh, we'll go over it again and again and you'll you'll start marking these areas up and especially when it's distinctive that's when you'll see the clarity and Really start to understand Controlling these markets here. Who's who's driving? The the price direction And and really starting to understand that And if you don't understand it then stay away Uh, don't do anything All right, and uh, I I hope I hope you found this helpful Uh, cumulative volume delta. Let me show you something here Where you can find out more about it Uh, if you go to our youtube channel scroll down Uh, go to this one here features and components click on the playlist Uh, and then um, uh, you'll find it in here. Okay. Here it is No, do a quick search Cumulative volume delta right here. Okay Uh, and then this will cover it. It's about five minutes long Okay Hey More power to you. Um, mclocal if you like your cumulative volume delta. I don't um, I've I've been just run over so many times by trying to get Uh, uh insight with cumulative volume delta uh that um Maybe maybe I'm just not I need a little more kind of uh time and clarity But I like again like I understand that there's buying up here that can be disrupted If the sellers get below it, but you'll get some sort of divergence pattern here in cumulative volume delta And I just don't like it. It's a conflicting signal for me Um, and I'm looking to see that if we can get sellers below this area here at 12 which we did Previously we're looking for a balance here a pullback, right? We didn't we got the continuation on the sell side through that area all right, so uh Now we're looking to see if like sellers can continue We got the the first leg here a pullback and now we're looking to see if we can get even more sellers here around eight and a half And then the drop into oh six down to here Okay, so uh, and this is just range bound activity In fact, but we're looking at these kind of micro trends Like micro head and shoulders and then continuation and then continuation Pullback continuation Etc. All right, so we can look for one more in here. Let's see if we get it Yeah, there's some exhaustion looking for sellers here at oh nine nothing In fact, look at the bid see how this bid in here 300 Contracts kept sellers away from hitting this bid. They know they can't trade through it All right now they pulled All right, let's see if we get sellers right here at the bottom of this little range here Let's see it Nice and clean up see this guy comes in disrupts it Looking for it though still let's see if this guy will pull And No, no sellers. Here we go here. All right. No sellers here. Let's see them trade into and let's see if this guy stays in the book here He'll probably pull I even flipped. See this is this is kind of um tricky stuff today uh traded On the on the offer again on the bid here on the offer on the bid Is is you know, this is uh, it's all over the place in here. Okay, and we're not making it up here I mean they're on the on the bid here. They trade it into They're on the offer here Uh, they trade it into that too Uh, then they're back on the bid again here Okay, and then that that actually traded as well All right, so let's see here. Let's see if we can still look for that original move That's just being gamed back and forth here. All right, so no no real clarity right now All right guys, so let's uh, let's call it a day then. Um, and uh, Yeah, thank you everybody, uh for uh for coming No jay trader today scott will be tomorrow though. Uh, we'll go through, uh, His way of trading and looking at order flow is very unique looking at stops and icebergs and then looking for the uh The price movement due to um those order flow events from stops and icebergs Okay, so scott has a a lot of trading experience as you guys know So what we can learn a lot from him All right guys, if you like the video, please give us a like and uh You know give us give us a comment there, uh, and we'll go covered the kind of Content you guys are interested in We're gonna we're gonna go back and revisit this again and again about this pattern though Okay about understanding control Uh, and then marking that up and that will be the foundation All right, uh, and then we're looking for the continuation Like here we go. Look at this again. I'm looking for continuation on the buy side here. This is good This is pretty strong All right, so now let's get a another move back up. Here's our pullback Okay, let's try to get another move back up here On that buy side and then back to 15 All right, here we go There was our pullback. Here's our buyers. They're on the bid And let's see these buyers lift it now Uh, up to uh, well, this is a good area right here at 14, but I like 15 better Okay, so looking for that continuation here Okay, due to This in here All right Anyway guys, let's call it a day. Uh, we will catch up with you guys tomorrow Thanks for coming and we'll see you with scott pulsini And uh, and take it from there. Uh, there's our move guys 15 beautiful. Um, and that that's uh Good to end it on that note. We'll keep it there. Okay. Thank you for coming. Bye. Bye