 Good morning traders and welcome to the live trading webinar. This is Bruce at book map. Good morning and Let's we'll jump into the markets We but we do this a webinar every Monday Tuesday and Friday. It's based on our educational course But the live analysis forward-looking not hindsight so that you can apply what you've learned And you can apply this to any strategy Then we follow up also Wednesdays and Thursdays with live trading stock trader by J trader stock trading by J trader and Scott Polsini a futures trader This will complete your education And This is all free right now. So this is a quite a nice offering So soak it up take as much as you can from it We need to go through some disclosures and then we'll jump right in General disclosure all book map limited materials information and presentations are for Educational purposes only and should not be considered specific investment advice nor recommendations Risk disclosure trading futures equities and digital currencies involve substantial risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results Bartosa so what's uh, what's good? Alright, but let's take a look here We'll jump right in and Just noted a few massive iceberg orders. You can see it in the sub chart here guys. This is pretty interesting stuff The cash open here. We're looking at the SMP E-mini Good morning everybody. Good morning 8th trader JC Lewis Winthrop the third and others so Yeah, I want to go through this really This is has real potential here to slingshot the other way and potential gap fill a lot of stuff kind of going on in here just Let me quickly go through this. Here's why I'm just gonna enumerate We have a move down. We have a high liquidity in here It gap down high liquidity filled here massive Well pretty pretty massive iceberg orders getting filled in here also high liquidity getting filled in here Look at this quick move away here Pull back and then continuation. All right, so we're looking for Let's see if we get enough buyers here and then rip it up into 70 8 7 38 70 up here or potential other areas and the reason being is because of what we just talked about Now what we're looking for is a lot of buying here to lift this offer We want to see also on the bid here. They are on the bid at 38 60 And then let's read the context in here. All right. Are they are they staying in the order book? Yeah Well, are they adding higher? Not really. Let's see if they add a little higher here And Looking for also we got a nice stop run to the downside here nice stop run to the upside here so what we'd be looking for another stop run to the upside here if we can get Maybe some of these sellers are going the wrong way. All right. Let me hold on a minute here and just We'll go with the automatic setting here on the stops as well And maybe boost this up a little bit the multiplier. Okay Another iceberg in the in the market right now 180 Hey, look at this one down here. They're still down here at 38 50 In fact, it's this guy This is amazing to me. I just love it. All right this guy in here There's a couple of different icebergs in here. I believe maybe I'm wrong. It looks like it could be just one It's massive size. All right, so 432 1830 here transaction this I don't know if you guys saw this in here in real time If not like maybe I can put this on Our discord channel and you guys can download the file or something Because it's fascinating to see good morning, Rob and McLoko nice to see you back It's really fascinating to see this. It's just on the bid here. There's no liquidity here very little 26 contracts here and look at the size that's trading here and they they're just sitting here It's hitting the bit these sellers are hitting right into it This is like an iceberg for stocks that that typically what I see not not so much for futures You do every now and then also for futures But they even get more on that I've seen in some of the stocks I know we don't have the the stops and icebergs for stocks But I've just we've seen it in the market larger player. They are not they're gonna absorb as much as they can And then finally the the sellers just give up and it just bolsters to the upside Anyway, they were just sitting on here hitting the sellers hitting into it hitting into it Finally they did go through it. But look at this guy did. Okay. He moved it He moved it down to the figure and he's still here Okay, so let's just zoom out a little more. Here he is right here same iceberg. Okay, so anyway maybe we'll see like a I Turn my head away and and we're looking for that eight seven thirty eight seventy. It's already gone to it We're looking at the next level here Right for just about there eight seventy five We have the cash open up here eight 77 also 80 up here. All right liquidity is at 80 and kind of 83 All right, so it's ripping this was we Sorry guy, I just can't keep up with this. It's just moving too quickly And I can't cover any points in here and I hate I hate that We can see a flip of the order book here as well We'll see if they're gonna it's gonna be support in here or not But for the reasons that we just talked about You know the icebergs the stop run High liquidity getting filled in here and then we see this kind of rip away from it kind of Moves the market back up into these areas here and then we're looking for our buyers. Okay, we got them We were first looking for 3870 and That was it for for the moment. It's actually come up a bit higher into 75 And let's see if we can still get get some more buyers in here All right, so and then also let me take a step back here and what we're looking at Okay, we're looking at the also the bigger picture here It is here on this. This is a five minute chart. Okay on the right hand side And an hourly in the center and then a daily here on the on the left Okay, so on the daily here. Look at this move below these swings here from back on the 6th and 7th of September Nice move below it. Let's see if we can get back up above it and maybe fill the gap here Okay, the gap is well. There's a partial gap here. The real gap is up here. Okay at 39 23 or so, right the first Pull back. We're looking for here if this is going to continue Is well, we came up to the top of these kinds of Bodies up here, but the wick is up here. Okay, so I'd like to see the the buyers Try to trade up up and test this 3880 level here somewhere around there. It's I think maybe 79 or 78 and a half or something that's where that wick is on this five minute chart All right, so just looking for maybe something like that Let's zoom back in here and see what's going on Mclocal why things might look a little differently in here. We have the quadruple witching today But everything looks pretty good here in the in the S&P It you know some days ago. Yeah, it was a little bit a little bit weird Yeah, yeah, that's typical that the surrounding price Kind of halo around price is very very indicative of I mean we see it It's just larger players or you know market-making algos that can you know, they're just kind of Staying in the queue until they want to do something All right, you'll see it. I mean sometimes we see it in the S&P and during the day and Not even close to Any sort of expiration Aloha crypto surfer Yeah, that was big absorption at 60 absolutely captain price Okay cloud. I hope that answers your question Okay, I mean we went through the process a couple times now rather rather quickly but you know, we want to get to the live analysis That's what we're here for Okay, strong move by sellers right back down, but structurally we're still bullish in here Here's why and this is our kind of pivot to go through which they may You know, we're looking we're looking to see Hey, this is kind of an odd structure in here right now It's a pretty quick move up and it turned into this kind of structure here and then it moved right back down Okay, so Anyway buyers are back up here Okay, still looking for him 75. There we go 80 Let's look for the push into 80 and 80 are 83 as well, right we said 83 up here and here's why I Thought it was the cash open I'm sorry guys. I forget what it was 80. There was 83. I guess maybe the Lakoti was up there But some of these other areas in here from the overnight I'm pre-market 90 95 the figure Anyways, a strong move here. So looking for a contint continuation of that strong move You know any questions on this? I mean just I you know, I'll go over it again if you guys want but we also We talked about this a lot about kind of Wyckoff and The easy move once you've captured the direction the markup period is is just just ride it basically We're not, you know, it's not rocket science at that point And we're just looking, you know in these consolidation periods for to figure out when when that is going to happen And that possible scenario for it to unfold. That's why we go through the scenarios And then we saw this before that moved and we saw this quick move down here moving it up Away from the the bottom of the range here back up into the range here and then we see the continuation All right, so this is what we want. I mean we put these pieces together Again, it you know high liquidity on the bid is getting filled big iceberg orders Massive iceberg orders and then the quick move away after dipping into this high liquidity here Okay, that those are the three kind of things in here that we noted and then we talked about the potential move up into 70 liquidity here Then I guess it was 73 if not 83 and then 80 Yeah, that's what it was and then It's still strong move and we're in the markup period, right? So we're still looking for continuation until we see something different Right all the back and forth in here, you know, we want to reel to read that for that potential scenario And then once we have the markup period we're looking for trying to ride it as much as we can Okay. Yeah, it's a squeeze here. You can see some of the stop runs in here Look at this icebergs are still buying here, which is interesting quite a bit as well Hey, here's another 1130 right here. It looks like there's two Maybe is it two different now there are many Yeah, it's two different icebergs in there. All right guys. Well, so anyway, that's where we are at this point And I think we're all kind of caught up Let's see this move here To a place we got the strong buying here. We also got strong buying here obviously that broke another thing we can look at here is this Area here around our 870 again. Okay, we're kind of that was original original target over here Here's another one here here they come all right buyers, let's see it back up to here First first test here up up to what? 83 Okay, see where it dropped here retest so looking for another retest back up here Maybe 82 and a half is better. Let's zoom in Yeah, I like 82 and a half better Okay, so looking for that first and then the continuation here up to 85 86 Hey, we're still in markup period and this is what it looks like Now so it's kind of funny that you know a volume profile or or can candlestick patterns I mean they all have you know head and shoulders You know white cough with this markup markdown distribution You know all that kind of stuff. We're putting a big big name on it and and to identify it Guys, it's just order flow It's just it's understanding these moves in here and understanding this kind of back and forth and the and kind of the You know who's winning the battle in this back and forth in here and then let it ride You know so is this turning into distribution up here? Maybe we don't know quite yet, but I'm looking at markup period until we see something different Right. We do we do see some selling in here, but it's not a whole lot And then here again, they kind of broke out here. It's retesting back let's see if we can get buyers back up above here and then quick strong move back up into 83 and then 85 86 here we go That's what we're looking for above this and now can we get more buying here? Okay, right here they're on the bid. That's good Seems like sellers are kind of going after it though. That's not good So we have them on the bid here, but sellers kind of want it That's the context cold fish good morning new to book map and it's wondering Iceberg blue and stop run red or add-ons. They are They're add-ons you can get from the book map marketplace Okay, captain price. You're not that's good to know. I mean you're not, you know good at OPEX the the you know Expiration quadruple witching whatever it is So what you're not trading Good good thing to know. All right, so okay, so sellers Sellers drop in this here pretty quickly kind of turn my turn my head at the wrong times today We're look we saw this kind of You know drop here by the sellers and then we're looking for buyers back up above it We got leg one or it started to kind of trade up here and was looking for the the next one now I'm looking for it down here. Okay buyers here. Let's see if we can get it right here and Then looking for a pretty quick move back up into this area here again back up into right into here Hey our 80 one and a half okay, so far so good and Again look at the liquidity in here, right? These are other other things to really notice that this is again like It's not a signal service like oh every time there's liquidity and it gets filled it's gonna bounce It's not like that. It's about understanding the context in here about this kind of a number of different pieces Now even those number of different pieces see what's happening here right now. It's it's screwing that up potentially Maybe it's gonna aid it but right now. It's kind of screwing with it and we're not too clear It's it's not it not as clear here. Okay. They're on the bid again here. They're on the offer here now okay, so Yeah, we don't really really quite know If this is starting to turn into distribution Okay, well then I'm looking for one more kind of test up here at least by buyers Okay, maybe up into here 80 or 80 kind of three or four five and six And it is it is not they're just sellers are going right for it down down to our 870 3870 here. Okay sellers not having it nice stop run Okay, Kim can we get our buyers back up above 75 here? Let's let's take a quick look now looking again for a quick move Now back up to about here 80 Now, you know, I'm kind of looking for some sort of counter Move here to go with this kind of bigger bigger move to the upside However, the market is not telling us that It is making lower highs and lower lows in here So, you know looking at market structure is just a really key thing and let's not You know have it affect our bias in here. I mean, it's just fact It's making lower highs and lower lows in here not getting enough buyers At this time Yeah, you're looking for a move to 3820 Wow Bartosa bar or both Bartos Yeah, I'm not I'm still kind of pulling here for for these buyers in here I mean it came back down into this area where they really kind of whipped it up quickly Pull back whipped it up quickly again. So It's still in the cards here for this these buyers and here they come now All right, so now looking for them to pull away really quickly here again going with the bigger theme here still and looking for now are 84 85 and And Yeah, just just up there for now. In fact, the first one is 80 here this swing Okay, because again look at the structure here so far It's nice nice little move there, but the structure is it still just came up to here and it's pulled back It now we want to see it break that We already got our pullback here looking for our buyers again up here and then the breakout Okay, let's see if we can get it looking for it Looking for it. Let's see the bid maybe show some some interest here And I'm not I'm not seeing it not seeing it yet But we are looking for that Okay, now secondary scenario here The move down below this this line here on heavy selling then we're gonna come right back down to the 70 level and then maybe on down into 65 and 60 Some of these areas we outlined. Hey, we are starting to get our buyers up here though a few a Few not not a high probability move. Okay looking better. Look at the bid Okay, they're they're staying in here. They're they're getting filled still a structure though Structure really hasn't broken okay, so We need to see that we need to see the structure break basically Okay, so we're looking for a lack of sellers down here And then buyers to come back up to 80 now the secondary scenario if we just get a lot of selling in here right now Look out, you know, then the ride is down to 72 to 70 here and No clarity right now You know, one of the things I think is really important is when you don't see something Don't trade You know, we had Fausto Pugliese Pugliese yesterday with him on he Went through and said like you know It's really important to know When not to trade now here's our move by the buy side now I think they got it here looking for them to press it now They're breaking it here. They got enough size here. So let I'm looking for them to go up to 80 85 to 86 here Okay, we're with the bigger trend here. It's taken a while for this to work out And then now we're looking for You know back to the markup to This liquidity here at 84 and then we have 85 and our 90s up here as well Okay, we don't we do not have someone on the bid here to help us though. This is all aggressor again Okay, a little bit on the bid there a little bit. It's helping now We're looking for the follow-through and we're not and we're not getting that at all Okay, this looks like this the second scenario is is Really poised here Okay, I thought I thought we had a little bit of clarity up here. It's not Turning out that way. In fact, it's less trading up here compared to the previous one Yeah, we're almost at 1030. I'm gonna clear our drawings here Okay squeezes on here buyers. You got it now just follow through on up to 81 They're pulling it 81 that looks good. I like it Let's see them push through now Back to our original move here You know that we saw this quick dip here and then now the squeeze and now 81 looking for 84 85 86 liquidity to test Okay, it's it's auctioning it up here. Everything looks pretty good The bid is showing a little bit of interest here. So yeah, we are looking for our follow-through here It is looking better See see how the even though it's just kind of light blue in there It does show some support and now this this guy is kind of disrupting that party now And finally finally to follow through here 84 Quick sell-off. All right. Well, this is really kind of all over the place here today still going with the The buyers here is the the bigger move from this time frame here We saw that unfold nicely. And so we're just looking for the continuation here. Let's see it buyers Let's see it 85 Let's let's see we can we can get to 90 Iceberg here 283 Just one 12 one transaction so far Still there though. Yeah, I mean a Taurus trader. Yeah, I mean like CCL like the the gaps in here or like the the kind of dark areas in here That sellers can like really shoot price down into these areas pretty Pretty quickly and then also down here And it just becomes a bigger range, you know area And then we want to kind of you know read the the structure in the range here And also the volume and the liquidity in the range. I Mean this still looks bullish to me. So I mean there's a little bit of clarity And I mean we zoom out a little bit more and and that's up to you like, you know your your time frame Guys if you like this video, please give us a like or subscribe to the channel is even better We go through this kind of content every day They just reading the order flow We'll go over any kind of strategy that you guys want The the key concept in this webinar is to educate about what book map is showing you and how to read it And apply it to anything Okay, so it's just market data in here and it can debunk a lot This is looking great here guys like I got I just can't get there fast enough Um, I mean God talk about your bull flag in here. This was just beautiful even though we had an iceberg in here You know, it's just it's got a lot of pressure and power in here Comes up here. They're still just buying and buying and buying it fills The iceberg fills and then you see that that it you know, it's just looking for the move here So we're already up into our 89 level. Okay, that's it's quickly It's quickly pulled back, but we're still looking for a higher here 89 again 90 Okay, and Let's see it Again markup periods looking for the move here 95 maybe the the figure here 3,900 Okay, it's taken a it took a while in here a lot of back and forth, but we're still looking for it in here And so like for example like debunking some of these ideas You know, this is a cup and handle pattern in here or we you know, you can even look at it's not technically It's not a reverse head and shoulders This is more like a kind of a flag pattern but I all these names like you know distribution whatever all these different things let's just you know make it simple we just have Liquidity getting filled down here We had a large iceberg order and we had a quick shift away from that area and we found buyers We're looking for it to go higher. All right, so it did We got a whole bunch of back and forth in here But this is like you know kind of like a flag pattern and then it kind of developed into like this Kind of rounding a little bit here. This is our cup. This is the pullback. This is the handle and there's your breakout Okay, and now this has turned into a beautiful. This is just a picture perfect. I think Flag pattern. What does it mean? Okay? I don't care about the flag pattern. I Care about strong move The this consolidation or pullback What does it mean in here? What's the order flow showing us in here looking again for strong move leg to? So it's just a continuation move here And that we want to read the order flow Okay, if you want to call it a flag call it a flag But it's about the order flow we want to read and we're looking for the move to unfold into 89 and 90 Okay, because that's where the liquidity is That's it. All right, and we're still looking for it. We're still looking for it now. We've got a pullback To our structural range in here Okay, so here broke out now We've got to go through our scenarios here Okay, so some sellers trying to push it through okay, so This might be a false breakdown. Let we'll take a look here Okay for that to be a false breakdown. This is with a scenario We're looking for is buyers right up here at 85 and three quarters Pretty strong buying and we want to see it pull away from this area here and then come right back up to here Okay, 92 Don't see it yet Okay, other scenario. Well, if we get sellers down here They're gonna break it and we're gonna come right back down into our 81 liquidity here Okay, and I don't see that one unfolding yet either Okay, we're just reading the order flow in here to give that insight. All right back to questions Okay, so Leo, you yeah, you also have a 3820 on the low side. I mean, that's like 60 points away Not saying not saying you can't get there But let's take a look here All we've done is we've come up to this structural area here 90 Which is good You know a little bit higher would be better. Maybe 94. Okay, so you're looking at this liquidity down here At 20 I'm still kind of looking for this to squeeze higher higher time frame stuff. Okay, well What do we what do we say like initially here? I wanted to see it test up into these wicks and then kind of fade We're above them and we're filling filling the gap in here So maybe you can get to this kind of 09 area or 05. I'm sorry And then also kind of 06 or I'm sorry 08 and then the total gap fills up here at 22 so That's like a hundred points difference Then what you're looking at here? Yeah, true. Yeah, those I mean this move obviously is after the open. Yeah, for sure Of course, I mean we're just reading the order flow and then looking for the you know trajectory here Yeah, you have with a 3905 to 8 area as well. Yeah Yeah, it looks pretty good You know, I like it on the daily here the kind of move below these two days here in these two weeks down here Let me make this Look back a little easier here. So these two wicks in here and also there's another one here So and then we're kind of back up in the range Look in to see if we can kind of come back up into fill the gap first You know, so just some profit-taking some New newer traders coming in and moving it back up into these areas here Okay, well anyway, that's what we're seeing so far and we're going with it until we see something else Okay, so and that might happen right here, let's see if we get our break here of this trend line here There so there's gonna come in and just whack it then back down to 80 and then back down to well 7570 here 75 Quiddity here around that swing And let's see it here get buyers starting to come in and lift it a little bit maybe back up to the top of this little range here You can start to look at some of the smaller structures in here, but just just to you know Go over some of the education in here, but The they're okay, so there's there's a seller starting to come in Down to 80. All right, let's see if they can move it again further next move 75 ish Yeah, look at looking to see it see it trying to pull it away here Now looking for those sellers to try to do it again, and then you know the next move would be down around here 75 and then in a half or so Okay sellers hit it hit the bid Let's see strong move quick move looking for that Not to just dribble down there. Okay, it's in their interest to pull it away from this area Re-establish new new value area or you know Consolidation Hey down at 77 No, see I still want to see it go a little bit lower here You know we see the buying coming in but still still kind of looking for The 75 and a half All right sellers. Let's see it here right here one more now. Let's see if you can push it Right down into this liquidity here Okay, we're looking at our pivot line right here, and we're looking for the sellers below it here, and then the quick move There it goes. There we go. Beautiful. All right. There's our there's our move Okay, so now, you know, this is a little tricky in here But I want to cover it again, and you know, we're still looking for it to go lower until we see something else Looks looks like a good good move here good strong move And We're down at kind of the bottom of the range is I want to see it come down to 70 here if we can It might be asking a little much. I mean Yeah Look, you know, we're looking for the move down here 75 and a half It did it. All right And you know take what the market gives you we talked about that move from over here That we had the potential for that move into 80 And then still kind of looking for it down here lower Okay, and now here we've pulled back and we're still looking for that continuation Okay, but we would have taken some profit. What a consideration would be to take some profit off here Okay, scale out a little bit, you know reduce your risk It you know prepare prepare yourself for what if it moves against you, right? It's just good trade management Okay, we're it's talked about 70 here and it's it's it's going that direction here, but we you know We mean we're looking for this kind of move into 75 and a half so we got it right and You know just take some off and manage it Still looking for our 70 level though Okay, and when we talked about this here Well first off the move up into this liquidity here. We're looking for it to continue the pretty strong Pull back and then we started to note this in here This pivot point in here see the buyers above it. Okay, just like we were just looking for over here I'll cover it twice here. Okay, the buyers come up above it Hey, but the sellers are still in here and that moved it lower Now we're looking for sellers below it here. They came in we're looking for bottom of the range in here and Then potential for the continuation and we got that All right, so it broke our trend line in here as well And we're down now at our 70 level. Okay, so we went through the process We read it. We're looking for the order flow to start to go toward those targets And then we had the same thing that happened up here Okay, that we had this kind of false or this move down the breakout and Then the break down below it here as well at 85 right here is no different than this move here Here's our you know our sellers down. Here's our buyers back up above And our sellers deck down below. Okay, our pivot points in here All right, and then You know, we would have taken some off or potentially and then then we're looking for you know You know, what's gonna happen next? and we don't know and We did have a pullback to where this kind of initiated here It could have been a battleground Could have had buyers back up above it. We didn't we start to see the sellers come back in again And we just didn't see a whole lot of buying in here. All right sellers still in control We're still targeting our 70 level. Okay, and Boy, we almost got it. We still haven't gotten it yet again. Look at the same move here And now we're looking for sellers below it be careful If we get buyers back back up above here, okay, this is that this is the area of interest here Okay, so you see the sellers push it down below Okay, another thing to look at in these things here now We might get buyers back up above it and then we'd be looking for top of the range here and maybe even up here There it goes. Okay, see how these turns into battlegrounds and we said You know or what to look for to be careful about these areas in here Is the Look at the structure first and then start to look at the The order flow around this this line here around our 72 and a half area here. Okay, so we saw the buyers We saw the sellers come in looking for the sellers looking for a 70 level Didn't didn't get it came back up above it and then if we get our buyers up above it here We're looking for up here to 74 and a half 75 and then also here at 76 and three quarters And we marked them up before they got there It just moved very quickly But what when to kind of look for some of these things too is at the bottom of a bigger move All right, that's what that's what we want to notice it not in the continuation of the move But at the bottom of the bigger move so anyway, that's a hope that's helpful for you the Understanding the order flow dynamics around some of these areas and when to look for them after a bigger move Right because we saw it a few times in here, right? We saw it once we saw it twice now We this is the third time we're seeing it here But we wanted to be kind of careful about it because if they can get back up above it then we're looking for the squeeze All right Let's see here All right, lots of questions in or lots of comments here in YouTube. Let me go through them Kodachrome, you're welcome. It's a funny funny name Back to back to the film days Yeah, yeah guys if you like these webinars give it give us a thumbs up please and subscribe to the page Or that channel The more that we get the more we can do for you Yeah, we need to break that 3892 definitely to go higher. Yeah, absolutely Torres Trader you banked $1840 first day of trading this Okay, please please I I'm very happy for you Be be be really careful, you know as We just had some webinars won yesterday with Scott Pulsini who brought up the You know the the sane would what I just think is is fantastic is From Mike Tyson everybody has a plan until they get punched in the mouth And you know, how do you how do you manage that? and that's the big question Okay, so the guys look at our again kind of pivot points in here again Okay, see see how it kind of turned into this kind of turned into a pivot point now I hear in their sellers below it So I want to see him hit now into finally hit into our 70 level here finally. I think they got it here. Let's see if we We got a slight pull back here Yeah, now looking for those sellers again and to come right back in into our 70 level here Look where they came to you know the buyers Look where they couldn't get through they couldn't get back up into this 80 82 Another one was Fausto, you know, he said that, you know, I'll teach you how not to lose He didn't say like, you know, I'll teach you to win Or that was his point Okay, some high liquidity here looks kind of like a spoof Layering they are getting filled though, so it's not but it boy, it looks like it, huh? Back in the day. This was rampant back in the day. It wasn't too long ago I mean well, it was several years, but it's like, you know, since it's illegal like now you see other things happening All right sellers. Let's see it one more and let's see you push it here quickly Stream right down into 70. There's 71 Guys again, look at this kind of pivot. I mean, you know, we're looking for that but look at now how Just look for these things. Okay, because I think they can be really helpful here and then Boom right back up, right? So this is our pivot sellers below it again here Now is it a trap or is it real selling that's able to like I mean really move it here Hey, I'm looking for them again here those sellers and Right here and they should be able to move it 70. It's gonna be quick. Yeah, there we go There we go. All right. Okay, 70 is achieved and let's see. Can it continue on now? Should be an easy move on down lower? I mean just if if we go with this scenario of the sellers here We've gone through the back and forth in here now. We're looking for a movement. We're looking for 60 Okay, maybe down to 50 Okay, we're watching and and reading the the behavior of the players in here Gotta know when to hold them and know when to fold them. Yeah, I mean boy, I mean, I think it's just the you know, the What do you do when you get punched in the mouth? Um You know or another one. I mean You know like uh, you you hear You hear in all sorts of different Uh professions And you know, you hear about, you know, uh pilots Uh air combat pilots they get, you know, say they have a plan they go over it But once they get in the air and combat begins It's all something else, right? Just like getting in the ring with mike tyson Or another one is uh, you get directors or producers of films that go on location Uh, all right, let's go through it. Let's go through our plan Uh, what happens if this this and this, you know, all these different scenarios To understand like how we're going to react. That's exactly what we're doing in here It's exactly what we're doing in here going through these different scenarios. What are these things going to look like? and um Like these movie producers is like, uh, uh, then they get once they get on on site They've got to deal with it, you know, uh, that's where the rubber really meets the road And they're tested Just like, uh, you know, the the pilots or The box or whatever who doesn't matter uh in the analogy can be really used for anything Are many things Look at this in here 69 liquidity here a little battle starting to erupt push into it Looks like buyers, uh Starting to starting to repel the sellers here. Okay back up into higher areas here. See how this affected everything Okay, so back up to here this is where You know the strategy like something shifted in the weather here basically look at they're still here. Look at that one player 500 contracts in here 500 contracts. Look at this bid Hey, now do we get buyers? No, we get sellers, right? Okay, so let's sell it can sellers drop it below 70 again here See that see the pivot point here again Okay, so we're again looking for sellers to quickly drop it through that area here Uh, and then try to maybe get down into 64 okay now Just because this is this is where we we learn a lot from these transactions Are there sellers below it? No not yet. I mean so these guys are buying they're buying they're buying Uh sellers took them on here. They're taking them on here yet again So you can see this turning into a big battle in here And we're trying to gain some insight in here yeah, um Bartos, you know the some of the things I refer to in here like is just retest to an area And then to see what's the supply and demand at that area like right now So there's more sellers in here. It looks like it looks like I think the sellers Are going to be able to drop it. Okay now It's not high probability, but it just kind of you know, I see more selling So I'm looking for them to drop it into 65 60 64 maybe 60. Okay, um, but it's not high probability All right, you know, we really want insight in here now back up to here. All right, that's not bad Now that's your that could be your pullback Now can we get sellers down here again? Look at the offer. Look at the reaction to it now. We've got something better Okay, so now I'm looking for sellers here to try to drop it into our 65 And our 60 level here. Okay, so here we're trying you know looking at it looking at it trying to get some insight No didn't didn't get it We get a pullback into here then the offer then our sellers here now I'm looking for the sellers to drop it Okay so the We're it's still a little little hazy in here that the offers or the bid is showing some size in here They're staying in here and we're starting to find some buyers Okay, but I still like the the downside idea here looking for sellers here At 76 and a quarter And then that quick drop here And we we didn't get them Okay, not yet Yeah, we need to see that big that big red dot down here Look at the bot battle starting to erupt again. Okay now. Do we get sellers take them on? Okay, just because they take them on doesn't mean that uh, they even they're pulling here. So this is a spoof Okay, so looking for sellers again here 76 and a half and Drop it no No back to the top of the range here Okay, bid showing some interest in here. All right Well, the one caveat in here was yeah, I was looking for it. I saw the selling here Not too much here though. And this is really where we need to see that big red dot I know that I know that's getting in kind of into the minutiae here These moves happen so quickly though, right? So we have to be kind of careful now You know what happens to a lot is it's these guys like you see this move this quick move back up into where it dropped from here Okay, well It could be that just you know It's just kind of a squeeze here from the the people trying to trying to sell in here and they had to cover really quickly It doesn't mean that there's a new initiated move here So a lot of times what happens in these moves Is you'll you'll see some selling in here some selling in here It comes it breaks the structure up here or the you know in the range in here Okay, not there here 69 and a half You get those buyers in here and then it rotates back down you get our sellers in here and then you finally get the drop Okay, so we're going to look for that Um, I don't see it happening right now. In fact, it's it's there's more buyers back up here Okay, and they're they're lifting it away from our 70 level here. You can see it that you can see that pretty clearly Okay, top of the range. All right, so let's go through another scenario then Okay, so All right, if we get our buyers in here, then we're looking back up into here 75 ish 74 and three quarters Okay, if that fails Right here 71 and a half is where we're looking for our sellers. Okay, so there there's that one So what we're looking for here did not play out whatsoever Okay, instead it broke above our 70 level here. We got to pull back and then You know, then we're looking for these two scenarios in here again Um, the buyers that come in then we're looking for back up to 74 and three quarters Uh, that's what unfolded here and We can still get we can still get our sellers below here Okay, and I'm not trying to have a bias in here. I'm just reading the order flow Okay, so because it is back and forth right now We're trying to look up who's taking control of the market and moving it. That's what we're looking for Okay, and it's buyers in here It's buyers right now Okay, everything kind of shifted in here It was sellers down here We got above that as buyers and it's another one by buy side here back up to this swing here Okay, so we want to see sellers take control below these guys these buyers in here That's what we're looking for for that possible scenario or Our buyers supporting it Let's see. Let's see Okay sellers and if there's enough then quick move down to 70 again I hope you guys are seeing this Some of these moves in here like like in here and then like in here And it's pretty visual like in here and like in here Okay, so this was a continuation move one pull back leg two now Let's see if uh If we get sellers to try to take it right back down to 70 here Okay, that would be leg one pull back and Let's see Looking for sellers right here at 72 and a half And to drop it into 70 All right. Anyway, this just want to go over the concept here I want to take a step back though and look at the bigger picture Okay, so we don't get caught up and then minutia here All right guys, you see these little uh yellow Um dim yellow lines in here. Okay. This is with the mbo bundle um Okay, I gotta I gotta read this uh The webinars are life changing bruce. Uh, thank thank you mcloco. I really appreciate that Yeah, get subscribe. Give us a like. I know you're in discord. Um, but uh, or guys you can come over to discord as well you know, there's uh Room in there Okay, let's zoom out back in here. Look at our sellers come in looking for the follow through now They've gotten through 70 and looking for the continuation into our 65 and 63 Down here, maybe 60 Okay, looking for it looking for it See how the see how they that there was just no support here This is one of the things that we usually look for a support right here Uh by the buyers a lot of times you just don't get it Uh, and when you don't get it, it's an easier read to the bottom of the range And it happens a lot Uh, so uh, yeah, here here we go again So we've got a little bit of a bounce here now. Let's see if we can get our continuation to the downside here I followed by a big stop run into some of these areas here I learned to bleed and go down on one knee before Uh and recover before the 10 count. Yeah, exactly exactly. Um And what what are you saying here, uh leo? Uh, if you are right In the wrong time, you're wrong. Yep Absolutely. All right back to youtube. Let's see here Yeah, you were looking for that break of the 92. Well, I yeah, I wasn't wasn't quite too sure about it This started the volume started looked pretty good Um, but there's there's still more sellers in here and then we look at the structure, right? It did break the smaller structure here Uh, but this was a false breakout here, uh, right in here And then we see the sellers come in and then we're looking for our 70 level and they pushed it through Now we got to retest back to 70 here. Okay, so the 70 pivot line here is really kind of important Uh here and it's been a battle above and below it I mean, look, you know, one of the ways you can look at this in in terms of trade management is, uh, You know, take take some off at the bottom of the range You know or take some off at the level itself too in this case I think you can kind of wait a little bit and look and look for don't don't You know, we've gone through this scenario so many times that Uh, you know, you can kind of look for maybe the the test back down into maybe here Or, you know, kind of bottom of the swing here Before you take some off It's something to consider And you can get another like, uh, you know three points out of it or so Guys, I mean, you know going through these scenarios and just, you know What we're looking for in here and then, you know, kind of mentioning and we're looking for something that is a clearer Um, and then that that's what that's a really big, um a distinction, uh to to get that kind of clarity And uh, leads leads to a much higher probability and You know, we're going to read the order flow and go well It's not that clear, but you know, kind of the order flow is kind of telling us this way And those turn into sometimes great moves, but a lot of times they don't most of the times they don't um, and You know, we're really not sure who's who's moving the market. Who's in control? Okay, so now I'm looking see right here. We're below our 70 level I'm looking for sellers to try to take control at least down to here Down to here 76 Or 66 and three quarters Okay, that's it though for right now just that Okay, so um, and then maybe they can take it further Okay, so there it is You know, I would take some off. I would have front ran it Um a bit. I like to do that just to make sure I get my fill Uh and um and now uh holding And looking for maybe a bigger move here Okay And now getting stopped out Okay, I gave it a shot and now we're back up above 70 Okay, so and You know now it looks like the opposite scenario here It went down below it and look at the the move back up above it But you didn't lose any money here And you gave it a shot And now we now we're getting you know quite a bit of buying here And they're going to try to take it right back up to here. It looks like 75. So again flag pattern Okay, just strong buying pause Looking for strong buying. Maybe we can get up even higher Up to here. I like it. We're already there 76. Okay Now, okay, we had to change our whole Um direction here in bias It's not You know, I don't find it very easy but uh We tried this and it's like, huh scratch our head Then we see this and then we're like, well, wait a minute now You know, here's a you know strong buying up to here and strong buying again Looking for the move to the top of the range 75. Maybe 77 Is what we were saying, right? Um up up into like here Okay, now it's still strong. It's still strong Again, you know, you can still be holding this and looking for now 80 as well Okay, but the see see the the distinction in here and we were looking for it here Okay, taking a shot at it and then whoa, you know, what's up here and then in here Uh is where we know there's strong buying in here and we know that they're starting to move the market So we're looking for a move back up into these areas Okay, now we've gotten leg leg one leg two and now we're looking for our leg three here and then up into 79 and 80 here Okay, strong buying again Okay, so yep, we're looking for it 80 Okay, maybe it can this can turn into a bigger move, uh as well Okay back into what uh tourist traders looking for 92 Back up to the high or 95. Maybe the figure We don't know but we are looking at the the movement and the this Could potentially turn into something like that You know and we're we're taking what the market gives us along the way Captain price. I really like it. Uh, you're you're not trading. Uh, you know why? Um, you're not good at range, uh range trades, etc. Great That's you know, and then fear of missing out, etc. So you're just sitting on your hands It's great Uh newbie it's it's kind of hard to um trade some of these Um, uh when We're I mean you can even see I turned my head and I even missed the move. Um, and I'm not even not even trading it So, uh, you know, if this was our trading room, it'd be very different dynamic We couldn't talk through all these different scenarios and things. Um, so, uh Yeah, I mean no, I'm not trading uh live in this this is live forward-looking analysis Uh, what happens when we start trading live in here? Uh, it well first off it it's yeah, it's it's a bit of a challenge Uh, I I'd be fine with it to be honest. Uh, I don't I don't have an you know an issue with it Um, I you know, you don't like to be wrong in front of a lot of people but like just drop the ego Uh, and what is the chart telling us? Right in here like for is a good example You know, we're looking for yeah, it's looking pretty good selling starting to pick up should come back down into A bottom of the range and then break it into 74 64 And then whoa, what's this strong buying? It's kind of dwarfing this selling or some of this selling in here And we're starting to get above it here You know, this is looking for that scenario for back up into top of the range this little range here Uh, and potentially further. Okay, so we said 70 77 I think and then we even looked at You know up in here or or 80. We're looking at 80 We didn't get to 80 though. We didn't get there. We got to 79 Okay, well, anyway, this kind of being that kind of having that kind of Fortitude to switch Based on what the chart is saying and they admit you're wrong Is um, yeah, you can you can be slow on the take there Again, I mean, but what time frame are we trading? You know, I mean, we're looking at these very small time frames See look at how this is turning again into that that battleground I'm looking for the sellers to take it right back down to the bottom of this range guys Okay, this you know, write it down Quickly the the sellers are coming in so looking for that Uh, and then I want to see I want to see kind of break the range here to be honest And let's let's see here. We're getting a pullback already Okay, I got to see sellers here again at 70 There they are Not much though. Not much. I don't I don't like it I'm looking for the move lower, but I don't like it there. That's looking a little bit better But look at the bid here, you know, it makes it more convoluted in here It's and we lack our clarity in here Okay, but I you know, I wouldn't take it basically is what I'm saying But I am looking for it To come down here still okay that scenario All right, there big distinction between the two Yeah, another thing um a newbie, um, I'll tell you like once uh Once you start trading Everything goes your eyes go to the profit and loss And it's then it's really judgmental as well. This guy sucks. This guy's great whatever And the learning it's it's hard for a lot of people to get over that bias Of like, well, are we gonna learn in here or you know, um, are you are you gonna, um Just look at the profit and loss Okay, this is looking better now sellers. They should be able to move it I like it It's a lot of selling I'm looking for leg two now down to the bottom of the range here Okay, and then it also has the potential to go further. I think 65 63. We know 60 Has a lot of liquidity down here One of the one of the things I really like watching, uh j trader, um Is he'll just cut it And not worry about it go to the next trade If he's wrong I mean, you know We had some clarity in here. It's really murky now Right, so yeah, I would cut it Structurally it's still holding here in fact Uh, but you know, we're seeing something else in here Okay, after after it moved a few a few legs down lower So I'm looking for All right, so if we get enough sellers in here right here, they should be able to at least get down to 68 And you see the bid in here and the reaction is a bit of buying So yeah, I'm just you know, we're going through all these different scenarios in here But we would look for the same thing on the higher time frames Okay, so looking for our sellers here. Here they come. All right All right, I think we got it here sellers should be able to move it here Uh, and I think we got probably down to about here 64 And a half or so And we're not we're not we don't we don't have it We don't have it where buyers are back up above it. So look out Right, they'll probably come right back up to here Okay, so this is a false breakdown On a very small time frame All right guys, so I'm sorry I'm going through all these different scenarios in here on these very small time frames But uh, we're just not seeing much else right now at the moment Yeah, oh boy, that's that's not a bad idea like you know here We can look at this big consolidation period in here Right. Well, so we saw this move at the open or at the beginning of the webinar And then we had some nice things to look at here that this was see the kind of clarity that we saw in here We went through it like, you know several times What we saw in here and why we're looking for these moves higher And then this was kind of a difficult pullback Because it it just kept on going but it had a kind of a bias to or it had A look to it here with more buyers at some of these areas in here And then we got this kind of move in here. We're looking for the break And then another one in here and then we got our break higher And then we did see the move on the downside as well back down to 70 And then it's been bouncing around in here for quite a while at 70 now What oh boy is bringing up is we're trying to he says in hours Is not a bad time to understand like this is a consolidation period and then we're looking for a move And then what we want to read the the back and forth in here And this you know A distribution or accumulation in here and who's winning the battle and then looking for The move the easy move the mark up or the mark down period And right now I'd still give it to the sellers in here Here they come again Okay, looking for them to break it here. This this selling looks good. See see the selling looks good here You got to go for it. You know now. I'm not telling you to trade. It's not a trade recommendation But it looks pretty good. Let's zoom in here Okay, well, they're they are getting filled in here Okay, so They are staying in the order book All right, we don't see any icebergs though. It's a little different. Look at the push from the offer here Okay, so, you know and now we're back up to the top here the range Okay, and and then potential squeeze for these these sellers in here these aggressive sellers, but Uh, you know, we haven't broken the the the structure yet Uh, and we can also see sellers come right back in here again around here At 60 68. Let's call it and then drop it again Okay, look at the offer Looking for the drop down lower Okay, now we got to go through the other side of this remember How this this could be the fuel here Uh for the move back up into some of these higher levels here Okay, so, uh, you know We want to be aware aware of that in here There's a spoof there beautiful little spoof Okay Here as well The spoofing is back in Look at that Guys structure is still bearish in here from this drop here. That's why we go through the who's in control Um You know, I mean you can even see it here in here like who's in control, right? So we know sellers are still in control. So we're looking for them here show up and then drop this thing Okay, they're still in control Even this this buying in here is still made a lower high. We're still looking for sellers and we're looking for a drop Now here here we're getting our um our squeeze Okay back up to where these sellers though took control, right? Okay now Let's see. Let's see if we can go through. Let's look at this in here. I know this is kind of complex day today Uh, but uh now here 68 our pivot line here Sellers below it This is a quick little squeeze back up here and let's see if we get sellers below it here Okay, if we do I'm looking for a quick move to the bottom of the range and then the potential move on down lower And these guys will be the fuel here Okay, let's see if we get it here sellers and hit it Okay, now we should get our move Okay, not a trade recommendation, but we should get our move here It it did the pull back here. We're back down again here. We're looking for continuation now Okay, this has been a really choppy day though. So You know In general that would be the primary scenario Okay, secondary scenario is our buyers back up here at 70 and then the move back up 73 Etc. Just you know going through the scenarios, but the nod here right now is to the sellers Okay, looking still looking for it. See how I mean we broke this up in here We did not break this structure, but and then it it failed below here And we made a lower high here. We're getting our sellers here looking for the push Okay 60 should be a pretty good area Uh to target Uh, just maybe in front of it European close Yeah, that's right. So this is our European close here at um right after 11 30 here. So some back and forth in here makes some pretty good sense Maybe some quick covering Just be you know, really really careful on this European close now as well again 11 30 east coast time You know still still stand with this um kind of sell side objective But being very cautious about buyers up above 70 here A lot of times we see the big move begins after the European close All this back and forth triple quadruple witching, etc Okay, here come our buyers here. They should be able to squeeze it now Okay, that's our secondary scenario here So now we're looking for the squeeze and we're looking for buyers to start to run it here up into Well 73 Let's see if they can do that No They cannot in fact Falls break out and we're back to these these guys in here selling But um I don't see them yet Or is this that pullback here and then we get our buyers back up here again Anyway, we're looking for some clarity in here and is just you know squinting at it. So um Blue line down here is uh icebergs uh red line here are stops Okay, we're not getting much out of that right now either Anyway guys, let's uh Let's wrap it up here. So um, yeah, please give us a thumbs up uh subscribe to the channel It's very helpful. Um the um We have all next week. We have the pro trader webinar series. So no advanced webinars at 10 a.m We do this every quarter We invite other traders to come in uh, and they're going to go through how they trade Uh, and they're professional traders. Uh, so Uh, you know come in and enjoy that. I think uh, it should be a really interesting one because it's going to have a focus Last time we did a focus on crypto This time it's going to be a focus on options Okay, we have a lot of options traders out there Uh, so they're reading the order flow in book map and the underline and then looking for taking positions We have dug plus we have Brent kachuba We have options millionaire. We have tyler, uh, wilson and um And j trader and j trader. He's uh, he's a big options trader So, uh, he'll go through his his style as well All right scoppulcini We'll do a special event with him the following week or or whenever in the in the near future But uh, uh, yeah, he's not much of an options trader. Okay, so I just wanted to uh, let you know about all of that upcoming stuff Uh and other a lot of other event events as well all right, so Let's just leave it at that one thing here Guys keep an eye out for these scenarios because one way or another here it's going to break and it's going to be pretty nice So look for it now the one thing I think can be the most helpful here is to really look for the distinction Okay, so You know, uh, look at the context relative volume in here like right now sellers sellers They've got this if they want this they've got this and you just got to jump in like right now Uh, and then look for the move into 60 Okay, so we had to go through all this back and forth and mumbo jumbo in here Uh, but when you kind of zoom out you see things a lot clearer Uh, we just don't You know, uh have time to wait for that clarity So we go through many different things in here in scenarios. I hope it's not confusing for you That's not the goal The goal is actually quite the opposite is to look for these different scenarios to support the move here Um, and then we have something clearer. We can look for the the higher probability of that Of that move see how like we had to go through all of this in here now. Look at look at it, right? 60 looks looks pretty good, right? Maybe 55 maybe 50 you guys were talking about 20 down here All right, let's take a look Yeah, I mean that's a a pot a totally possible scenario here today um You know, you can look at your measured moves and stuff in here now, you know I'm not much of a fib guy. Uh, I think there's just kind of a bunch of bs to be honest, but um, I I and and other uh indicators But one thing I do like about some of these measured moves That make good sense to me or where stops are going to be triggered So maybe half of a move You might get uh, you know, half of a move Or you might get a full 100 retracement move and look where that ends up down here Okay, it ends up right into your guy's 20 level, right? So I just uh wanted to mention that Um about measured moves and and why I think they work is due to the order flow in here And then the reaction of other traders. Okay, it's not about. Oh, yeah, it's hitting the golden ratio in the fib Um, no, it's more about the the the orders and and people's um behavior within the order flow Okay, so the next move is 55 here, which is the low of the day here That we we'd be looking for that Okay after all of this mumbo jumbo in here, uh, and then looking for this directional move. All right, so it looks pretty good Uh, here's our our big selling Not bad on the buy side either it retraced almost all the way back up here But there's still more selling in here at the moment. So we're still looking for sell side here All right guys, I'll leave you with that. Have a good weekend everybody Come into the discord chat room if you want to continue the discussion in there We have tom be up next He'll be going through volume profile in his moves and uh his expertise With uh with volume profile. So, um, I think you be um What is it redirected right over to that? All right, so if you want to check that out Thanks for coming everybody and we will see you next week with the pro trader webinar series. Looking forward to it Okay, uh monday is going to be a start off with a bang with brent kachuba All right, he's he's awesome. Okay. We'll talk later. Okay. Bye. Bye