 Good morning traders and welcome to the all markets live order flow analysis webinar with Bruce our host here we're going through workflow and reading it live in forward-looking analysis here in bookmap and Trying to get a feel for using control and and Trying to get a feel for using control of the market understanding the context between the Limit orders as well as the aggressors the market orders To give us insight to where price might go now We're going to mix those two elements together with the context of the market structure very important To have these three elements here to give us an edge All right general disclosure all bookmap limited materials information and presentations are for educational purposes only it should not be considered specific investment advice nor Recommendations risk disclosure trading futures equities and digital currencies involve substantial risk of loss And it's not suitable for all investors past performance is not necessarily indicative of the results. All right, so Good morning everybody. Let's take a look. We'll jump into the S&P E-mini. We can see the Current activity here from earlier this morning. We've been on a steady trend to the upside here and you can see that Cash open right here Continues on up. So we haven't even we made this kind of initial low here right at the cash open, but then it Jumped up to the upside and we've come back and retested this area or above it. So we're still accepting higher And that's what we know so far in the market structure Let's take a look at complaining Louise Let's also take a look at the The order flow within here in this market structure. It is this specific We're just gonna go through it quickly because it's Monday We got to go through the higher time frame, but it is this action that we're looking at All right, and let's just go through a quick breakdown of the action within this rectangle here Lots of buyers coming in trading into high liquidity up into these areas here and lots of sellers come in After trading into that high liquidity as well Okay, so we know we've got a lot of sellers in here All right. Well, let's have do we make higher highs in here? No still within this this kind of big range here and now what about the buyers and sellers in here in the liquidity starting to see Not so many buyers up here starting to see more sellers. All right, well, let's see the sellers drop it and retest this area here Okay, so bottom of the range here around this 78 and three quarters something like that Just by looking at this context here We're looking for the test for price to drop and test the lows of the cash session here All right, so just a very very quick analysis here And it looks like yeah 78 and a half or so something like that and we do have liquidity down here So what do we have on our side here? Well, not a whole lot, but We do see that there's more sellers in here than buyers in general And we have been we mentioned the structure is bullish so far. Okay, so we don't really have that on our side It's it's been trending upwards We also have for the sell side what we have on our side or this drop into this lower 78 and a half area here what we do have on our side high liquidity getting filled way up Lots of sellers coming on the way back down And back and forth and here now we can look at also something like cumulative volume Delta in here to gain an Understanding of buyers and sellers in this area now. This is only aggressors Right, so we'll look at cumulative Delta and you can see It's mostly selling. Right, so we can ascertain what's happening in this area Right, and that's why we're looking for the test back down into the bottom of the range here Right, so that's the quick analysis. Anyway It's it's kind of all over the place at the moment. We you know We are still in uptrend. We don't we don't have the bigger picture on our side or at least the structure for today From the cash session that is not on our side and you can see that You know, we're getting this kind of back and forth in here So let's jump back though and look at the bigger picture since it's Monday Let's look at the the daily chart here on the left hand side looking at the candlesticks and You can see that here's Friday's action here. We're between this big range in here. Hey, so Between 43 40 on up to about 40 407 or Somewhere around there and Here's our day here with the green candle and we see the move to the upside All right, so we're within the range and looking for the edges here to gain some sort of insight Until then we're looking for traders to test those ranges All right, so let's look at the hourly chart Here on the left and we can see the gap up and here's here's where we are currently and Since the gap up Yeah, we're just You know not not really seeing too much and not yet the gap up is that's bullish And we don't see a whole lot of selling yet So we do have that going for us here And then the the high would be up here So it's kind of 40 407 that we called out on the daily here All right, and we see the wicks down here. So are we gonna get a gap full? Well, I don't see it yet Okay, so let's jump over to the 15 minute chart. What do we see in here? Well, here's the gap And we see a little bit more here. We can see some wicks in here selling pressure Hey, this was from Friday here We see the the move up. No, I'm sorry. This was probably Stay No, that's that's Friday. Yeah, so Our gap up into this this kind of where the sellers came in and then immediately down We were we were all over this here last we're looking at this kind of wedge Ascending wedge pattern in here which failed It broke to the upside and then it worked out after that failure Hey, so Anyway, that's what we're looking at and then here we are Well, we had all those sellers in there that we were just looking at well They're gonna be we're gonna see a probably a pretty big stop run above this area right here Hey, because let's let's jump over and take a look here All right, because this is continuing to the upside here and we saw a lot of sellers in there, right? Well, this is the outcome of it. So in here, we're looking for the retest down here and We noted that we didn't have everything on our side in here, but we did have an understanding of buyers and sellers context All right, so let's take a look and verify. That's a big stop run. It is you can see the red line here and then let's also put on our Our icebergs Right and see what larger players are doing. So we still have some momentum here and probably still some stops we do Up into this 90 area here 92 area, I should say And let's just jump back to our bigger picture here for a second. Okay, so we have some wicks up here We're just testing them right now Okay, so let's go through a couple scenarios In the order flow in book map to understand what's gonna happen up in this area here This is we want to know this and then the next area would probably be up in up in here It would be a range between kind of the figure maybe on up to about 07 Big range, but something like that and let's understand what's happening here right now. All right, so We have High liquidity getting filled yet again Hey up in these areas here We have our big stop run Okay, and we see quite quite a bit of volume in here on on the buy side Hey, so Look at look at this reference here. It's it's it's a lot. It's a lot of buy volume here We have the cell volume kind of reference and throughout out these this whole area in here here in here in here and also sleep Okay, all well this whole move So all right well We got our break and we're gonna go through a couple scenarios So if we're gonna continue on up to the upside we're looking for the order book which we do have underneath here at 90 We have some potential trap sellers in here, but we really need to see those buyers come in right now on the aggressor side And for them to move it on up into 95 and maybe 98 or the figure 100 hey starting to see them. All right, let's see should If that's what we're looking for then we're looking for these buyers should get a move into 95 Hey, we got our order book skew. We've got some momentum here You've got some lots of stops along the way And Where are our we don't we're not getting our aggressors up here. Are we? Yeah, not this is exhausting out on the buy side. So We're actually gonna kind of flip the idea here. We're actually looking for a retest back down to about 90 this is Let's go over this in here about probabilities Okay, it is actually a higher probability look for the buyers to come back in up here Okay Here's why because we have the buyers leading the pack or you know Showing the direction here trading into and through high liquidity in Okay, we have momentum to the upside. Hey, we're looking for that order book skew and we're still looking for buyers up here Okay, now if we get them we should get the break Okay, especially after just this little dip here And we have a bit of selling that's going to be trapped here That would be the most likely scenario here Hey, what we covered earlier was the dip down to about 90 due to this lack of buying up in here Hey, so we're looking for sellers to try to try to drive it back down and retest the bottom of the Here okay, and then instead we can see that buyers are coming back in right so it It had to kind of flip-flop there a little bit but Let's just talk about it in terms of what we have on our side here to make a better decision in so still in less a massive selling comes in here right now at We're looking for you know continuation on up into 95 and and and higher here Looking for that order book skew Structure was broken. We have high liquidity in here, but it traded into and through. Okay, so we have this on our side Now we're just looking for those buyers to come in and to continue to press higher The order book is also a little bit on our side here. I have to say this makes me leery though I mean, this is the the primary scenario in here and we have some elements on our side It's making me very leery though. I'm not seeing the buying pressure Up in this area. It looks kind of kind of muted here So not nothing not too too solid here to take a look at Okay, so there's our break and let's see if we get continuation here Okay, and not too many stops either hit in this area here All right, so now let's draw a structure around this here because it's starting to kind of It like it We've got a kind of a channel coming here and What's happening in this channel is? We're not finding buyers at the top of the channel here Okay, so we're rotating back in now and This is just For for buyers up in here. They're not interested in buying the highs here Hey, so what this is not indicative of a trending market Hey in order flow terms Hey, so we're starting to see sellers come in Now this is where we're looking for the test. There it is. Okay to the bottom of this channel and Top of this little range in here as well You get an answer in here. Are we still finding buyers? Are they still scooping it up down here? Is this is this low enough for them to buy? Are they interested Or do they want lower? Okay, well the the liquidity is helping us here 92 and 90 See it here in a book Look at liquidity here as well on the offer. See how they're lowering it kind of below the high here Okay, so we're starting to see kind of a change and a shift here now All right, so now Because of this I'm looking for right here at 94 We don't have too much too much buying in here to really trap be trapped by the sellers We might get them now though might get the trap now And this is one of the things we've been adding into the Scenarios of we want to see the trap traders on our side So this might be it let's take a look here and now we'll see if this now how we're gonna get our answer is gonna Be sellers right here at 95 And we're looking at a big red dot there, and then we're looking for them to come back down pretty quickly actually to 94 And there's a retest All right, there's some selling all right They should be able to get at least down to 94 again. I don't like it though There's a very very quick kind of dump of a of selling there And there we go. There's our 94 it still When I see that that kind of move that really quick move like that it It doesn't necessarily I mean a lot of times we'll see a quick move like that and we can get right back above it We see the buyers above it To move it higher. Okay, so we're again very leery here at this at this area here They run this 94 up to this 97 area so We got guys. I don't know how else to good morning Stephen. Good morning Stan how else to tell you about that or Just that is this buying up in here that gave us that kind of that feeling Right that We don't have a lot of buyers up here Okay, in a trending market. We want to see buyers at the higher areas Most always potential traps this selling here Right for the move up into 99 or the figure or potential trap would be this buying in here Look for either scenario here Morning Tom. Yeah, let's see this here's again like really It's hands-off I mean we're looking for something very specific all on our side, right? We want to add these things up these elements up to give us something that just is telling telling us from the behavior of others to give us insight to make a decision and right now we're just not getting that kind of Insight are you Michael? All right, so what boy the buyers really have to show us something now because we've come up here We've made a slightly higher high a couple times Well, this did make a higher high by a tick Okay, but we're just not we're really seeing a drop-off in the buying up in here Doesn't mean it can't go higher, but we really need to see someone pick it up here Okay, else we're gonna see these sellers come in and If the sellers do come in at the bottom edge here Be looking for them to test the bottom edge down here Okay, and looking for these guys in here to be trapped All right, and we'd be looking for the run stop run down into this area Lot of iceberg buying just came in in here about 600 be a little 822 Bye-side All right buyers are starting to pick it up here still again don't have all the pieces here I mean the order books showing a little bit of Pressure underneath here. It's not a whole lot. They are starting to pull here Are getting we are getting that equation is just not looking for much out of it here. There we go Look at that. All right, but we did get something out of it. Like I said, it wasn't looking high probability to me We see the big stop run in here. Very nice All right, so now the question is and let's just take a step back here Look at our candlesticks Okay, we're up in this range here that we're looking for the figure on up to 07 and That's where we found the sellers previously And let's see if they are still up in this area here willing to defend it Buyers take some profit up here sellers engage again Okay, it's a big gap here We do have a lot of components here for a flag pattern or a continuation pattern here Strong move up slight pullback order book here Hey, now we're looking for the aggressors right in this area here of the figure if we can get that and then Be looking for this to continue on up See it buyers. Let's see if you got it here Yeah, nothing. I mean they're they're up here and they're starting to buy but it's back and forth again. I'm sorry I just don't there's nothing really here. They we're we're looking for Putting the pieces together here or some something that gives us More probable outcome We got a little bit of a trap there on the sell side. So let's see buyers are starting to squeeze them a little bit any questions So I know not the most exciting in here, but you know, it's just kind of Just not really quite believing in the move in here in during this period in here not believing in it And then we do see the the strong buying did come in and we do get the a nice little stop run there And now we're gonna get the continuation move again Like, you know, we really want to see that it is kind of turning into that continuation pattern here with strong move pullback strong move Okay, so we are getting that But nothing in here that really made us feel good about that Hey, this was actually the best part right here. We have the order book skew higher And then more demand on the bid at these higher levels and we start to see the buyers come in here And then sellers come in a little bit of buying mostly selling in here The best thing about that we can pull away from this here is that these guys are going to be trapped if they can You can see the buyers come on on the other side and Higher, but we should see the stop runs continue and they are That's about it though. But you know in terms of it being like a strong pattern in here No, not really the confirmation of the pattern is in here Or a confirmation for entry and that's not looking like it a high liquidity up at our 07 level. We were kind of a Looking for that to unfold. We are getting that and it makes sense Due to the swing here's is on the hourly here and on the daily as well It's like a buyer's gonna test it here And then try to probably look for like a really nice stop run maybe above that here A few things in here and let's take a look at this relative volume in here on these higher time frames to start to Assertain what might be unfolding here? so on the daily is probably showing at the best Not bad on the hourly if maybe show a few more candles, but On the daily in here again looking for that kind of back and forth in here in the trap volume potentially at these lower areas And then the move back up. It's pretty strong here And then we got a pullback here. So again, we could have a nice continuation up here So we're really look looking for our buyers up here To try to get it back up to Maybe this 30 level today if we can get that continuation here on the buy side and then let's see because We could see actually that The heavy selling was From what day here was this this was on that on the 20th of September and the move down here Okay. Well, what we're talking about here is just a moment and This is higher time frame again But we're looking we're going through the scenarios here in the order flow on the lower time frame on the higher time frame We have the potential for Something like this. This is your your trap down here so the back and forth Up back Continuation move up to some place around it Okay, so about 4,500. That's a that's a hundred point move And now that may play over several days in here But it's really going to start and we're going to start to understand what's happening here Okay It's just a scenario and to be aware of that We see maybe maybe today We just get some back and forth in this area and then tomorrow we get the raise up above Okay, that's one scenario another one is Maybe we get the test up up to this area in here or maybe it's just where it is right now Some back and forth and then a drop down Maybe to fill the gap Maybe to test these lows here Okay, what we're trying to do and trying to ascertain again is by understanding the behavior in here of the participants shown in book map Beautiful stop run. Look at that. Okay up above up into 10 now and then Boy, that I'll wipe out a lot of people. That's that's huge It's just huge. All right. So let's see if we can get now Well, we'll go through our scenarios in here looking for maybe sellers to try to drive it back down to where I broke out from should be here around our 98 level Let's clear our drawings here. It's more aggressive trend lines already been broken here Boy, a beautiful beautiful stop run here. I look at look at the the red line here And this is one of the prettier ones Take Bespin and offer off Show you so this is where the stop run began right here Some some some stops were triggered in here and it looks like just a beautiful cascading stop run here now You know, this is it. There's gonna this is a stop run What we know though About this red line in here was showing 1416 and that's the total of Orders in here that are actually stop orders that that much we know Right, there's gonna be more volume probably than than than that but You can look across across the board in here is is nothing but But buyers right so Anyway, we'd have to add this up in here Get the calculation and compare But it's looking like a majority of them vast majority of them in here are stops stop orders Can I comment on Apple and Tesla? Sure Yeah, I'm still kind of waiting to see like in this just this might be the the area get these sellers to try to drive it back down It's it's a hard reading today You know, are these sellers really in control and I'd say no Look look at the selling in here And this is like the commitment from the sell side that we're looking at in here It's it's it's pretty paltry. So we're not we're not really seeing it in here and Now we've seen the buyers come back in not really either. I mean all of this activity in here is It's not much after that stop run that huge stop run for that commitment From one side or the other here Anyway, we'll leave it at that and we'll come back and take a look We'll just go through a couple scenarios to see what what might unfold here again. We're looking for Especially in this range with this kind of this kind of volume in here. We're looking for Who might be trapped on one side so they will be compelled to trade on the other side And where they might be Well, we have an algo here you can see bidding up in these areas and just just transacted and Anyway scenario would be like if we can see maybe that order book lower here And then we just have that high liquidity filled here But we need to see follow-through from the sell side here not absorption and just threw it up by a tick or two I want to see the sellers come in and then drive it lower Okay, move it away and move it away quickly from this area in here And that would be one scenario here Exhaustion here order book that looks pretty good. Let's see. Do we get our sellers here? Do we see them pulling here and we don't All right, so Anyway, that would be one scenario the other scenario and then we'll take a look at the stocks the other scenario is Well, maybe we get to trap sellers down here and really seeing that buying coming in Probably around in this area around this oh six and a half area. They can come in and We see liquidity pulled here on the offer Okay, and then the bid getting strong here up at higher levels here So maybe that scenario is what's going to unfold. Okay, so we'll leave it at that for now We'll come back and take a look here. Let's take a look at Apple. Well, Apple's Still still bullish here fading into and through Hey, here. They are in the bid here. Hey at a higher level at 178 50 or yeah, or 60 or something We'll find in buyers boy I wouldn't I wouldn't look at it until we see buyers back up here above 74 or around 74 Like not not this buying here I want to see buyers up here. See see where the sellers came in in this area. That's what that's what we're looking We're looking for the buyers back up above that area. Whoops buyers back up above that area into this high liquidity at 178 80 on up in fact See how we're getting more more buyers kind of at these lower areas in here. This is not a good sign They're buying at a lower area in here and they're just open to being stopped out on the way down This kind of consistent buying is good This is back and forth in here and then once we see that there's buying down here though on the way down It's not not a good sign. All right. We want to see the buying and The movement together here seeing that a million times in the S&P Let's let's see what it was Tesla as well. So let's take a look at that Look at all these It's around eight o'clock. We have all these Darkpool transactions up in these areas here interesting. Oh 930 cash open Move to the upside up into 254 So pretty pretty big pullback still bullish though structure is still bullish Hey, and a lot of buying again The Delta in here buying on the way not so much on the way down We see these these areas in here But this is not good if we just can't get these buyers to make higher highs in here You know, it's they're struggling Hey, and finally we see the exhaustion in here and then a bit of buying above it here But this is where the buying starting to come in here And so this is this is bullish in here that we're Down to this level They're bidding up and we're starting to see buyers come in again All right, so that's good See some exhaustion here on the sell side. That's good And this is one of the better things we've seen today so far, so let's see if we can get our buyers now to come in and right now And if they do come in they should be able to move it to 53 and then maybe 54 It skew in the order book on the bid would be a good thing as well Great buyers. Let's see the move here. It's the third time up Should be able to move it back up to 53 maybe enough looks like enough volume to make 54 here welcome Jaws up Jaws up Another thing in here what we're looking for again is that you know One of the one of the things we look for in the in these Areas here where these buyers are coming in. It's not just the buyers, right? It's this is the the context of who is selling in here, too But we want that on our side And that really adds to the fuel to the upside So what will happen a lot of times we see this in the S&P all the time Is you get these buyers and they just can't I mean everything's looking pretty good here We just don't get the stops though to start triggering this and fuel it to the upside And now it depends on the environment though as well. Hey, if there's not a whole lot of news out Then a lot of times it just kind of exhausts out or our buyers just aren't willing to take it higher Then we will see the sellers come in and you will get our mean version type of activity Or you know retest some of the bottoms of the ranges, etc and And then maybe we can down at those levels we find buyers come back in and then finally move Right, and we then we have sellers that that try to move it back down Trapped on the way back up Hey, so anyway, one of the things that we don't have within this I just don't see a whole lot of selling in here to try to get this to to move up into our 54 And we're definitely getting the buyers that's for sure Hey, just a thought here about looking at some of your aligning some of these Outcomes and trying to get something that is more probable And so and you can see that's kind of what's happening here. We just got we did get through 53 Up to this swing though and not seen a whole lot above it yet. Well, here's potential trap sellers, right? potentially Is it enough? I don't know Doesn't look doesn't look that good It would be better to see it come back down into maybe 52 and 60 cents or so or or maybe 50 52 50 Little bit below it and then have the buyers come back in and then 54. Anyway, that's what I got And how are we on this S&P? So very choppy It too came back up and tested this liquidity here at 08 Hey, but pretty pretty thick wall up here at 10 Yeah, Dan you're looking at Bitcoin in here Yeah, look at look at this in Bitcoin I saw this earlier as well and it spiked three thirty thousand It came right back down and this has got to be new. I don't know what happened Dan exactly Okay, maybe TF slow it on 575 on the offer Now, yeah It's even they're even adding more in here too one larger one large player here this little white line large lot tracker So it's probably around 500. So Up here Majority of that liquidity All right. Interesting here. They're bidding up here. Do we getting our buyers coming in? All right. Yeah, it looks like we're gonna get our buyers and trade in to and test this guy here I'm gonna see How this guy handles it up here. He just pulled some and added some higher You see it seems to split out his order there and yeah, we're getting our test. There's 10 Hey, almost. Yeah, it must have been somewhere around 500 some traded up in here a 148 180 or so it looks like nothing higher though. Have I seen huge moves like this in crypto in BTC? Oh, yeah, Louise. I mean just Now all the time I mean, it's been muted for the last year or so, but like yeah every now and then I mean that You know, you can look at crypto on the bigger higher time frame You have it in the in the book map web version here for your version you show With the book map. This is kind of interesting because in the book map web version here Well, we can sign in Which I would recommend, you know, you guys signing in here once you sign in then You should be able to hold on a minute sign in say here should be able to sign in Log in. I'm sorry. That's what it is. There we go All right, so yeah, once you once you sign up or log in then what's great about that is look at all the instruments as you get here All right, so multi book is the default and then you can look at BTC USD Or you as DT here as well. Let's take a look at that one And then we can zoom out a whole month with this data here, which is pretty pretty amazing And so here's that big spike and did did it didn't I'm not showing it going up to 30,000 here it clearly did here. So let's jump back to that version and Anyway, you can see that a lot a lot of these that you know some really big drops In this case it it's kind of outside of that range That was maybe more more than a month ago. They're really big drops But you can see that actually we're starting to have some some moves to the upside in here And a lot of selling and then potential trapped here on the on the higher time frames as well To hit that 30,000 figure All right, that's been it so far hitting that 10 and then that guy that larger player split out is liquidity up there Sorry guys. Hey, it's not much of a session here. Pretty pretty dull We just got the squeeze to the upside in here and it just did not look that convincing though and You know big big stop runs along the way okay up to this area in here and the spike above the 207 Right now looking for the failure of that potentially potentially And then to come right back down to some of these areas in here the hourly hourly chart though I mean got some momentum on that hourly candle in here And then also today a nice momentum, right? So not not out of the We can easily you know come back up into this 44 30 area here This is like 18 and then up to about 30 Yeah, going over that kind of bigger picture in here about the You know kind of large move pull back large move Right, so we're kind of now looking to see if we get that momentum on for that second leg on that large move So anyway, one of the things to look for on that is is when are these buyers really gonna You know bite and when are they gonna come in? and Keep our eye out for that So because we've been looking at this and this like yeah, you know We we can make a case for it going up and then in some of these areas that wasn't really clear and Maybe some sideways activity. Maybe sellers, you know drop driving it down to bottom of ranges, etc They are still in control. They are still moving this market and so But the movement hasn't been so convincing well, we might get that soon There's is you've seen that a lot of days where like yeah, it continues to move on up. Everything's looking Looking great on the canal steak chart, but the the order flow in here is is What is giving us this kind of at the the the playing field level Understanding so actually, you know what I'm gonna do. I'm gonna turn on that We've actually have some new algos coming out or market pulse And I want to let you guys know about that. Hey, we have a lot of different ones in here coming out Support and resistance support and resistance and balance these might be renamed But sweeps and absorption as well Hey, so there's quite a few algos now that we have in here The ones that you guys are familiar with liquidity pressure for crypto only Price change is free spread here and We've had that for a while And then volume pressure and volume pressure and balance we've had again nice. This is it nice move here, right? Again, pretty hard to kind of judge in here looking for it, but And also again and a really huge huge stop run here to the upside Bidding up underneath in here. This is quite good. It's just that they're down here though Bit of a bid in here and also now just coming into the book here at 10 as well. That's good That's a flip of the order book in here Offered a bid. All right, so let's see if we can get our those longer-term players are they gonna start to enter into the market here and Where we didn't quite see that commitment earlier, this would be a good place for them to come in And let's listen to our market pulse in here Got volume pressure And I'm gonna look at something else in here. Look at the absorption indicator in pressure. Yes play This one out But I had access to this CL All right. Well, there's something else. I want to show you in here. We're gonna be releasing this soon as well This is an additional Indicator in here. You guys are gonna love this. This was Scott Pulsini had Requested this and It was something that we kind of kicked around for a while actually we kicked it around for a while and then Asked him about this and he said yes, I like this idea. He would use it And let me show you. This is really really cool. I really like it. In fact, let me add another instrument in here first And we'll look at the Russell and I have not played around with this, but this is a good day to do it Let's just go through it here And so we got the Russell we've got the The ES the NQ God, we can even add the YM in here if we want Okay, we got all four indexes here. All right. This is what we're gonna do in here Let me let me show you this is really really great tool It is very valid and worthy just to try it for this alone Now We're look at volume pressure, which you guys are familiar with then we click on the instrument here Look what we can do We can look at the ES We can select the RTY YM and the NQ altogether And let's get rid of Bitcoin. So we have all four in indexes here within one market polls And we're looking to here see when the volume pressure is going to pick up All right, so this is fantastic tool here to be able to make this synthetic instrument for market polls And let's click play Okay, so you guys don't have to open up We have demoed many times in the past like a demo in the RTY together with the The NQ and seen how the the S&P might be following Right and starting to understand that so and we have it in the output here in the sub chart as well It's giving us pretty good signals in here And actually some some some signals in here and they're not too good either cell side in here So it's tricky even even with this all all four indexes are a little tricky in here Here's what I mean if we look at the sub chart down here This selling in here, they were all pinging here on all indexes, right? well So that that's the trap there and then here's the move to the upside and it's pinging on the on the upside here So let's try to filter this data out here by going through some of the settings in here And so we can only get we're only looking for really good signals in here good output And so let's see what it might be here in Raise maybe the training. Let's take a look at the training period here And let's see what we get Have you guys played around with this or our no, I'm sorry you of course you haven't um Yeah, yeah clear the the quity pulled at 4410 slow down there. Let's take we'll take a look at it here um Well, we're getting a little bit better filter if we go with 10 minutes There's our training period here our look back period of sliding 10 minutes of data here But let's take a look here at this 4410 That's the ym No, I mean they they transacted earlier, right? Yeah in here Some of it transacted right Here here's where they did transact and they came in a little bit a little bit more here It was really this area that we're looking at was the is a little bit higher and now did they pull? No, they didn't they're they're getting filled in here Okay, what about this higher these guys are getting filled in here, too Okay, so a lot of liquidity getting filled Okay, now we haven't seen the aggressors come in though yet On the sell side, but we do know and let's take a look at this that a lot of this liquidity Let's just look at the big mean volume dots trading into high liquidity up in these areas in here Okay, now this this is what happens on on trending days and we're looking for again on the trending days You're looking for that These higher highs in here with you know heavy buy volume They into high liquidity and then we're going to get a little bit of pullback and then higher highs again and High liquidity yet another area in here. We're still holding the trend. No, no question There's some selling a high liquidity at 13 some selling coming in I mean that looks great in terms of absorption Back to the Q&A here AC yeah, this new this new feature. It's not even in beta yet Morning Thomas or a Louise is not in beta yet. I don't think I don't think you you even have access to it yet Maybe maybe you have but you can Okay, well, anyway, there's something more in here that I wanted to let you guys know about with the bookmap Academy Let me let me show you this so This bookmap Academy if you are interested in a lot of the guys in here are already in the Academy the the goal here is For you to start journalizing your trading activity and marking up your charts looking at specific order flow This will improve your skills. There's no question about it. It will and if you do that consistently and You can reach certain Quantitative and qualitative thresholds You will be invited Well, first you apply to the bookmap junior Academy once you're invited in there Then you need to make those quotas and if it makes those quotas You can get invited to the bookmap Academy that's step two and then In here, you can actually get book map for free. It goes on and on become a coach become a streamer, etc and We already have a few that have made it to the streamers. We have Tom B. We have Doug We have Moby so, you know, it's it's it's been an action for a bit, but What I'm trying to get to here is you get access here Even at bookmap junior Academy or an applicant will give you access to New products and add-ons a Pre-released right you can see it's included here all of these So if you're interested Why not if you're interested in this new tool, why not come down and sign up here? you need to sign up here first to capture in our our Database and then then you need to reach out and ask in our discord because we need to catch you in discord as well Okay, once we do that Then you can start documenting your trades and we'll give you access and so AC I don't know if you're part of it or not, but Anyway, we're starting to get I'm starting to hear it here. You guys in YouTube can hear it a bit Hey that sellers were just starting to come in but again, I I'm just not Very happy about the order flow in here this is a Only like a you know point and a half or so Buyers can come right back in above it here now. We have a skew in the order book and all indexes We're sounding off here. All right, that's a good sign and here they come again So again the commitment on that sell side is it's just not so convincing We do have the order book here on our side as well And we do have this confluence here of all stock indexes as well. I don't know again The alignment of these elements in here is kind of keeping me away from or the disalignment Unalignment of these elements is keeping me away from Something that just looks more probable Yeah, so you see how we're back up now. Let's see We get Any buyers up here? Yeah, AC you might might want to look into it. I mean, I don't know what you're and we're looking for all traders Get book map from if you're a really experienced trader and you can make make that quota You you're probably doing that anyway if you're really experienced trader so You know you're documenting your trades just looking for You know typical things like if you go over to book map insights or like Here in our all markets This is what I'm following right now For this webinar, you know, you can see like slowdown is just put some in here And this is one of the better probably the best example you're ever gonna see Is some of these images from slowdown They're very very clean and clear And what he's looking for in here. So yeah, I might want to pop over there and take a look You can see his Wyckoff spring example in In a kind of diagram form and then what he's looking for very specifically in here And so like he got this one here Act And Here's the drop Here's the the He's looking for a stop To be hit below that area and then he's looking for the buyers to come in back up above that area into the range Hey, so back into When a control of the ranged and also to the other side of the range beautiful No, beautiful stuff. Got it So Anyway, that's the kind of documentation we're talking about And This will help you Create much much much stronger Trading plan for yourself Trading setups So yeah, see it as kind of a win-win there Guys, I think we're gonna call it early here I'm like again, like it, you know, we can go through some scenarios in here. We're still in an uptrend We we did break it though, but we're still making higher highs and higher lows in here Hey, the trend line has been broken. You can see this this structure has been broken as well Sellers are starting to come in here a bit. So let's let's see Just got to move to the top now. We're starting to see it. All right. I'm look I look for this is probably one of the better looks We're having all indexes here, so we got some sellers here to hit into not only oh seven I think we can get down to probably oh five here, but Yeah, we're just not seeing much today All right, so even though it Boy, I mean it's been a it's been a pretty strong strong move here. It's just been up in these areas in here It's been very very kind of Traders walking on eggshells until we get this big stop run Continuation higher See Anyway, great great new feature here With this this market pulse Hey, so yeah, there's there's a beta room in discord as well, but Yeah, I'd recommend just just sign up for the bookmap junior Academy And you'll get it as well Why to it? All right, well, let's take a step back. Let's look at our bigger picture here. All right So we're back up above we're above this area in here, but we're starting to see our sellers come in You know make make sense Really looking for sellers to come in though and see if we can drive it back down and retest Probably, you know first area would probably be somewhere around in here and these these wicks here So somewhere around this kind of 90 level 4390 or so somewhere down there Maybe the low and then maybe maybe the gap fill but like again the bigger picture here on the daily chart is this is a pretty strong candle and In fact in terms of ATR, we're probably just about our ADR in this case. We're probably you know somewhere around that range I'm looking for it to come up into 30 Boy, we'd have to really see a lot of a lot more volume a lot more commitment on the buy side okay, so this Terms of like if you're looking at your ADRs or ATR type of stuff in here Then we're looking for sellers then to drive it back down Hey, but just looking for that commitment in here And so we are seeing we're starting to hear them This was one of the better moves that that we kind of saw in here was this Maybe hitting it to 05 here. That's starting to unfold And then actually let's take a look at our Tesla. What happened in Tesla and that was one of the better things We saw here as well Almost got up to 54 Right Just that was it. Hey, we're looking at Looking at back in here. I think right? Yeah up in here We had to come back down then come back up really back and forth in here in Tesla Because here we're looking for that move up and just went back and forth a Hard hard day there in Tesla as well Apple selling off now after hitting into that high liquidity up here Bitcoin. Hey bottom of this range in here Boy, that's all we got. Hey high liquidity getting filled in here That's good All right. Well, you know, we can we can start start to look for if we can get those buyers again like look for Maybe a potential. We're at the bottom of range here, right? So we'd be looking for buyers in here and let's hear it in all all markets here in market polls Hey, and then then we can get it moved back to 10 as the first stopping point here And then we'll see if the even even more buyers come in or not Hey scenario number one scenario number two and this is a It's hard I'm really kind of finding it hard hard to read today, but This we're up at these high levels in here and You know, we can really find sellers that they may come in and hit it hard here on the bid Next stop would be down at the swing In here high liquidity is up at this 0503 area here but them to looking for them to trade into it and through it the sellers and Drop it through and then the next level would be below the figure here And maybe the figure, but I like this area here around this 98 ish area right here And the high liquidity is at the at the figure This is where that move kind of initiated and upside here stop run and then Pull back and then And this is where we're reading it in here and it just wasn't convincing in here They started to keep me saw the buyer starting to accumulate in here Anyway guys We'll wrap it up. We'll call it a day. Thanks everybody hit the like button if you can and we will Can you share the ES Overlay with the NQ Yeah, we can use the correlation tracker here. Okay, so we can take a look at that And we add that But the NQ in here is this what you're talking about. Let's add a color All right, so it's adding Another way to do it is just you know pop over to the NQ here. You can you can Double-click on this to pop it out into a different a different window or you can drag and drop it whatever And then what you could do here. I'll show you kind of Split the screen or you know put this on a different monitor basically And you know here here we have the the NQ on the right and the ES here or We have the ES here on on the left And then that blue line is also the the NQ All right Shane so a few different ways to do it and then don't forget this this market polls to you So you can make a You can merge or look at them separately Looking at the aggressors in here with the volume pressure For both NQ and ES separately or together And look at that correlation as well So let's close this it'll pop it back into the tab versions in here and here's our NQ I could drop it. Oh, all right All right guys. Well again sign up for that if you're if you're interested in that Market market polls tool beta and you want to play around with some of these like I can show you What you're going to get access in here to and is worth it See if you can build an edge or others can With with this tool in here. So you have multiple instruments to make a synthetic instrument here We can create new ones in here and we can add absorption absorption pressure We have the support and resistance support and distance and balance and we have sweeps and sweeps pressure and pressure and balance so These are really powerful indicators in here To really understand like you don't have to turn away to different charts to look at and understand absorption for example Right. So that's going to be a really a real advantage. You can really just home in on your own Instrument that you trade most frequently to get insight though from others by just looking at this little widget or hearing it Act So it's it's Worthy to play around with this and see if you can get something out of it to add to your edge All right Thanks guys. Thanks for coming everybody and we'll hopefully see something a bit better tomorrow Or something more convincing at least in the order flow here to to give us an additional insight Okay. Yeah, take care and we'll we'll catch up with you tomorrow. Oh, Tom B is up next In the next few minutes or so And then also Fausto is he'll be on later today at 1 p.m. He comes in every month on the third Monday of each month And yeah, take a look at our whole Calendar and schedule from the book map learning center. Let me show you how you can get there if you want just go to the more button here from book map comm and then go to the learning center here and then Well, we have these courses in here, but scroll down a little bit and here's our calendar Okay, so you can see who's up next Okay, so as mentioned that well, we had pirate traders with Charles earlier all markets here Paco is going to be starting the Brazilian market here and then Tom be at the same time Going through the S&P many and volume Volume profiles, right? So if you're a profile trader, I highly recommend you come and check that out Spanglish trades later and then here's Fausto options with Doug and Algo boys rounds it out and close the market. All right Thanks, everybody. Have a good day and we'll catch up tomorrow. Take care