 okay let me know if you can hear me now okay perfect all right so sorry about that you know I'm not that tech guy okay so we'll restart over here I believe that nobody heard me so sorry for that guys hope that you can now hear all right so let's start we started with Tesla this morning as I said we trade Tesla almost every day this is a trade from one of the traders in the room that believe it or not he passed from trading only small caps to trade also big caps my point today is one I don't want to make any publicity for anything I just want to help you in your trading because I know how much money I lost in trading my mom is over here she's a trader my wife is trying to become a trader she's from Denver Colorado she's 30 years old she worked for AT&T for think five six years and then when she moved to Italy to stay with me we married she got interested in trading so in my family it's a solely trading my mom trades from a long time I started trading 99 only trading Italian market covered warrants mostly and Italian stocks 2002-2003 I moved to futures and I was training also big caps with Ken Cologne in Detroit University I study through Larry Williams I made courses with Linda Rasky and Oliver Verz for the options this until 2012-2013 stopped for about four or five years had health problems some even from trading anxiety stress came back 2016-17 join six seven chat rooms I was not able to make any money the only guy that really helped me was smashed a bid I found you know some value of traders out there like Nate or like smashed a bid or like bow I mean some very good traders Mike Villa Fiori okay and I tried to study everything that I could find then I basically created my system essentially doing what big testing all the setups that I could find in small caps big caps and adapting to my system so I created a playbook this is one of the playbooks that I trade this Tesla this was Rome in the room so congratulations buddy because as I said you start moving from small caps to also big caps because in the last two weeks or three weeks it's not anymore like last September where you could short everything that was getting up we had three four five small caps per day and it was just insane now we have to be a little bit more selective and we have maybe one or two today okay we had three small caps that were decent Janet and B and CNA to our high institution ownership and we're still not having plays but the point is to increase if you can your niche because the point over here as I said one day I was talking with my friend X Matt I said I'm not here for the glory I'm here to make money so what I know I try to give back to you but even more to the trader that are with me every single day because we trade together now Tesla what I call this is a reversal okay this is a perfect trade that Rome did we had over here main levels okay and I'm gonna share with you a few things so that we can discuss over here why these levels okay why these levels so just give me a second so over here this morning I said what's it is FOMC our key levels are 198 1 950 200 point 50 okay and why these levels over here so I take levels of reference from a daily chart then an hourly chart and then you can use it into the chart could be a five minutes could be a three minutes of five minutes or one minute whatever you feel more comfortable with okay whatever you feel more comfortable with the point for me is to get a confluence of signals that come from a higher time frame and then more to the shorter time frame okay now if you look at this Tesla we like to know from even from youtubers or traders over here why those levels why those levels traders try to think why those levels over there I'm gonna share over here as a trade and also we're gonna put book map up on Tesla okay alright so let me put this bigger we don't need all this information this information just generally over here I do it you know I read the news what happened pre-market we had major SC 13 which are institutional okay if somebody bought a book big steak or some insider from 344 but what for me is important is over here is to see the level okay so I trace an easy and this I do every day I trade a previous day high and then the previous day low this trust me do it for the last three days so yesterday the day before and the day before so basically from Monday to Wednesday okay everybody do it and I would like to know if you still who is in my room does it or if you're not part of the room if you're doing it actually morning Tony Florian Steve for are you doing this traders okay Nika's doing it let's see if other traders are doing it okay that's good so a lot of traders are doing this as I said Monday to Wednesday so at least for last three days put the high and low then I also have to put the high and low off the pre-market okay so we'll put that pre-market high which is over here so essentially that and also over here I'm gonna put the low pre-market now this over here is the 8 o'clock is not didn't really happen okay so I'm putting over here the low pre-market which essentially is this point over here so I have the low pre-market the high off pre-market the low of the day the high of the day those main levels over there this is today so this is the high of yesterday today what I'm going to do again I'm going to put the low of pre-market down here and let's put another color okay because you need to distinguish them so the actual days I put them in red or I love this color it's some okay big sushi eater so I think you can tell and I love this color so now I have levels of yesterday level of today I don't care about levels of Monday because Monday essentially we were at 180s so I don't have the point to to look for that so look now at the confluence of things we open exactly here 193 199 199 and 30 we dip in the small support and then bounces and this is Tesla over here the gate okay this is book map now I would like to know which parameters you use for book map like do you have any filters okay what filters if you can if you can say traders so I will share over here my filters because it's very important then to go over what we had on on this okay so essentially I see a lot of heat maps over here this is my book map right now I have a resolution over here for a screen share that is not what I use okay I have a more better resolution I run 4k so I like to keep this is a big monitor and I like to keep really book map big and I have yes Tesla made on Amazon you can see over here Tesla yes made on Amazon okay today also at DME that we traded but essentially I want to see these big next to it I have the chart I'm running the work is another computer I have the chart one minute three minutes five minutes the one you prefer but I also have a chart with all the levels okay so over here when we open at 930 I see a lot of bands right look so many bands over here and we had the first major resistant over here 200 this was a big resistance but it's not that pre-market high look over here the pre-market eye is a 200 point 50 okay remember we are above the previous day high 200 point 50 so we get to that 200 point 50 exactly this point over here you can see that we have a fake out and then we start making a lower high now we see so many heat maps you can filter Tesla with 3,000 but you will see that you can filter nothing but I have too many lanes I can filter over here with 1000 for me it's a better read I just want to focus on the big levels of liquidity okay and when we push over here 200 point 50 200 point 50 we wait that we have a rejection because otherwise break the resistance and it goes up and we're shorting and we get big losses I don't want to that so in this case the trader was very good because he waited that it rejected so he waited that this came back down and he showed it over here you can see this this major feel this beautiful feel over here really he traded much better than me he took the first to cover because we are at the open level and then you see this level over here 199 right so you can see the price was going down was going down was going down over here we got to the 198 into the south of a heat map but now you think why to scale out over there what's the purpose to scale out at 198 I mean why not 1.7 1.6 because that's the previous day high so it's like a flipper and yesterday was with a trader and just to make you understand something I'm sorry yesterday we had this for example on Tesla was a massive day okay was a big run up and you can see with a fake breakdown the open and push to make higher lows today is the opposite today over here we had instead push and then a fake out which is a bulltrap and then started to make lower high so it's exactly the opposite of yesterday yesterday with the dip and start pushing today we had the pop and we start rejecting so two different market scenarios okay now here we're looking at the news I'm looking over here yes basically moving up strong and we're gonna see soon the price section traders together getting back over here to the stock dipped 198 you can see the 198 over here and you see when it breaks over here the the heat map okay this is the biggest liquidity we have a here around 15,000 of demand they clear them and then makes a high a higher low and then over here break out this is previous day high support we had five minute jailings that gave me confidence in this case over here the trader saw this dip long sold again parcel of 11 then sold to this top so you got the dip you got the top the dip in the top again really perfect way to trade and then over here we started moving back down so you can see that it started here and trying to dip but didn't work and over here you got short this point cover into this 196 this is for example what we had yesterday this was sorry two days ago two days ago yesterday we had I believe another type of price section let me get over here so this is what we had yesterday as I said total different price section we longed over here we are long overnight we longed over here we dipped and we start pushing today opposite we had a push and start making lower highs over lows difference in here this is the day before so this is the 20th where we took a short of it here cover the dip again using one of those levels that I told you before where we have the previous day high previous day low for market after market low then we cover everything right here reverse long we start selling to this push and then we shorted for this and where we shorter to a daily level so you can see that those daily levels are very important if you learn how to use it with Bookman and I tell you this because seems like the most stupid thing in the world I mean you just look at levels and you short or you long but I can tell you that the recent reward that I'm having or that my students over here the traders having is insane okay so start looking to track the levels that I told you to grab together with Bookman now over here as we said making lower highs lower lows and where we bounce we bounce from this pre-market low again over here you can see this is the low that we made at 420 430 we bounce on that level so we have a price section and I believe it's going to be like this probably until 2 p.m. when we have the FMC we have a price section that essentially is not really moving it's tight in a range okay 200.50 and 195.50 so what I'm looking over here right now rejected again this level of previous day high we had another over here fake out of heat map so another breakout and then fail so I'll be looking for a target of here 195 and 60 what I will do personally so don't follow me release claimer I have to say it I will be looking for 195.50 fake breakdown and long using the level of remark a low book map or I will be looking for a 198 reclaim consolidation along to 200.50 or I will be looking for a 195.50 fake sorry breakdown and then rejection this is what I'm looking for okay this is what I'm looking at so I'm going to write over here this is my point so don't follow okay if you're not part of the room you don't know how the setups are you don't know my risk management we're pretty good green for the day I share my charts in the room already so I'm looking for the 198 and 10 rejection TP to 195.50 which is what is doing now to I'm looking over here for 195.50 breakdown and reclaim too long with TP 198 or 195.50 breakdown and on rejection after consolidation TP 193 193 so short okay for reclaim of 198 sorry 198 and consolidation plus dips too long with TP 200.50 that's what I'm looking right now over here we're going to put number four same process is what I've been trading every single day so easy setups low risk high reward ratio and looking for major home runs all right you did any questions over here tell the floor and drag lori any question on this traders okay so we have over here jimmy earnings play now again we said look for those levels we're going to put our pre-market high 2770s which is also the after hours high we're going to put it here this low where it's bouncing right now we're going to put this high here and then also we're going to put this support now the most important levels as I said are the pre-market high pre-market low so in this case we have the pre-market low here and then we'll be the previous day high but in this case we have the same high together with the pre-market high and this is the price section of today what we had at the gate over here this morning was again pop and fail so you can see the the setup popped into the 27 on lower high over here you can see that we started to have a high liquidity era 27 27 73 74000 start making lower high that's the level too short this is a setup I had my levels I have my playbook and uh just lower highs lower lows to which point pre-market low you see 2380 and then over here 2310 anybody took this this was a pretty good unwind over here to see the washout over here 23s higher lows and then a reclaim again moving with those levels very very simple we're here so today at two o'clock we're going to have f1c so data coming out remember traders that the market is going to wait for that moment they're going to be high volatility and high liquidity so if you trade big caps if you trade futures or auctions you'll see some pretty good over here range so what I generally do is if I have a good average to my side I'm staying in but otherwise let's say I'm in a position on Tesla and a position on an option or a future I simply tend to close everything and trade generally two or three minutes or even five minutes after the f1c okay so this is for gme over here now we had the two major plays the bounce player over here is gme so what we're looking over here is for a possible jay lines over here rejection I know that a lot of traders don't know what this is but we'll be looking to have over here a 26 fake out and then a possible short again don't follow me because you're not part of the room you don't know how to trade these I'm going to look if we have that 26 fake out short otherwise I'll be waiting this at 27 or 2780 the long over here too late over here too long the long came from this higher low also over here we had some divergence break over here this wedge this over here here is our wedge break another high low so now the main point for me is looking for this 26 okay let's go back to Tesla mid range over here also on Tesla so we're going to look also after some position on etnb and cda and gen this morning but for now I want to focus on Tesla and gme so right now what we have traders same uh sideways action we had set of lower highs over here but now possible higher lows okay so you can see uh lower highs higher lows so we have a contraction over here in the volume what I said before we're waiting this 198 or waiting this 195 and 50 so you can see I filter a little bit more over here on Tesla just want to see the most important areas okay I don't need to see all the heat maps that we have around I'm looking for those extremes my levels over here on the chart nothing else if I still have a setup I will trade it so I can see over here we're making a curl they're bringing a little bit more liquidity we have the view up just above over here 1,780 price action over here still stuck in a range okay the main two catalyst that I'm looking for are as I said fake out over here and then we're looking for this or a fake breakdown and then we're looking for this so I'm looking over here at this 198 and looking how the price react reacts over here so that's exactly what I'm looking over here traders so we have over here our lows approaching this 198 before we had a bolt trap over here so you can see that break of resistance 198 and then right away rejection 198 you see some sellers is pretty easy to look at the price section on something like Tesla levels are respected pretty good high liquidity Tesla now 197 to 198 we have this micro range over here not doing anything over here in this range just waiting yes on a main support 40 39 40 40 another attempt over here for that 198 okay getting to the 198 let's say for the same price section that we had before over here we can have two main possibilities this is what I do if I say 198 failing like now so we go above right away below and then it forms right away on resistance like we had over here then I would be shorting those pops for now let's look how it reacts 198 still grinding you can see over here we still have our lows Tesla approaching that 198 and 30 so look right now the price section here basically sideways holding this trend line topping to this previous resistance remember this is that previous day high like to see the fake out like we had before this 198 and 20 and then looking to jump in short that's a push we wanted 198 and 10 this is our short confirmed over here with the risk 198 and 30 so we can see over here that we had traders so we can see we had traders over here three tops one two and three here so until this will be below 198 and 30 going to be bearish above the 198 and 30 and hold of this level over here then we're going to look for a potential push to 199 and then eventually 200.50 for now we have some pullback on the Q's spy ES you can see now how they clear this this 198 and 30 so we don't have any more death resistance so careful in this case if we start making higher lows they're not a straight selling over here but they're holding the 198 so differ from these two rejection we saw before but again on a play like this I just look for a risk over ratio without 198 and 10 short risking 198 and 30 35 and looking for the first target of here 186 70s and then looking for this 195 still holding this dip 198 when I see this cracking this 197 80 197 70 and I want to see this low meanwhile yes down to the 40 40 major support and now we had this first demand area over here 187 60 risking break even I want to see an establish over here floor highs lower lows we're making lower highs I want to see another lower low so when we have this is essentially risk zero no reason to take any kind of profit over here support some support over here 187 60 I think we can break this so it's bouncing 97 60 97 90 some resistance so we want to see that this day is below this area new lows for yes over here in the last 30 minutes some positions that we're trading and following right now are etnb cba jan some more liquidity form 97 70 so it's still not making lower highs over here they're trying to make our lows they're trying to build support around over here this v-wap want to see a sell off this one in 760 and then straight to one in seven we have the first profit target okay below one in 760s so they clear the liquidity over here now target 197 we will lower the trail to 198 and now we see the formation over here lower highs lower lows this is it okay I want to see this that's the exact trend that I'm expecting if I'm short on a stock so traders again I'm gonna go over the play with you so this morning as I said we had a short from the pre-market high covers down here here then the long from actually that support remember we're looking at the pre-market high pre-market low previous day high previous day low previous pre-market high previous pre-market low the long end right here selling this push then over here a scratch short over here and then cover now what we're looking is this fail from this 198 and 10 because as I said we have that resistance here you can see that's 108 and 10 108 and 15 resistance this is also the previous day high you can see over here the 108 and we are forming a major over here trend line if we break this trend line first target over here 197 and then eventually we'll be looking for this 195 and seven okay so that's target target here this here okay first target over here hit 197 to trail over here 1397 so we have to clear this support the previous support 196 and 90 want to see this level this level over here so in this case 20 cents risk it's paying over here five far not bad as a risk overall ratio but I wouldn't cover it here more than one third because our main target is going to be that low 196 150 lay me here here buddy john koska okay love to see that well done buddy so we are over here risking 20 cents now we are five far in and you can see the setup very easy book map level you have your view up in jail and so confluence thin barrier as well but now we have to see for that unwind okay so some support over here 186 and 80 because the previous low and then we want to look for this 185 and 50 so if we have a breakdown of 186 and 70 and right away pushed back up we're going to trail everything one is 720 one 730 otherwise we're holding for this low of the day okay what I like is yes that a simple unwinding so 196 and 60 not bad this is the support and we're going to put this big over here try to do zoom out so we can see the main levels but you can see it ready 96 and 95 nice set off over here uh yes at 40 33 it's bouncing from this 186 and 40 when it's 650 now if we're going to hold 186 and 70 the trail will be 187 20 start also watching traitors cba for this curl so we had a setup missed it at 938 for a long bare trap jail and curl genoa here is unwinding when I have probably 125 130 which is the main target so still there 186 and 70 a little bit slow remember 2 p.m fomc uh last five minutes together any question traders greg nick mike all right so almost 1120 I think we're going to wrap it up over here so what we had today was an explanation on how to trade stocks in this case we had to focus on tesla jamie but most of tesla we share over here a setup for reversal into that per market eye the use of book map now we took the short 108 and 10 risking the 18 and 30 so very tight stop first target hit at the uh 197 right over here 197 trail 1 3rd you can see here now we have the trail 198 sorry 197 and 60s 187 50s if you want to trail more in the money 187 10 20 but the main target remains this low of the day okay so we're looking ideally for this level and also that is the pre-market low that we had okay so I wouldn't really be looking to cover here anymore 130 is enough all right here so hope you enjoyed I'll see you back next week another thing I opened academy over here in submarine Italy where I'm receiving traders to trade with me had a trader from california last week data trading the room I have another one like next coming week this is something that I'm going to organize more often so see you back next Wednesday take care of fun use of stop loss and study the views that we share during the years thank you very much thank you bye