 All right, well, welcome everybody. We've been doing this now for a bit. And in 2023, this might be the last one for 2023 before the holidays. But in 2024, I am lobbying hard to do this weekly so that we have a weekly coaching and mentoring session here at the Bookmap Academy and really ramp up this Academy program. Get lots of feedback to you guys. Get you really honing your strategies and your trading here. This is the goal, right? So, and if you're interested in this program, anyone who's over on YouTube or in here and is not familiar with the program, you can go to the more button on bookmap.com and go to Academy under the community here. And then you'll see all the details in here and how to sign up and what you get, et cetera. So anyway, that's that. Then there's also freebies that you get in here as an Academy member, one of them being this Market Pulse tool that we've been covering a lot. Reason being, yes? You need to share your screen and discord. Okay. Good to go. All right. So anyway, the reason we've been allowing free access to this is it's a new tool and allow you guys to play around with it and develop an edge. So this is exactly what slowed down and crash and Jack, you've been doing it. You were one of the first to start using this tool when it first came out. So, we're offering it to ramp up your trading, find these edges, take advantage of it and then give us some feedback as well. All right. So anyway, let's go through a few disclosures and then Jack will turn it right over to you. General disclosure, all book map limited materials, information and presentations are for educational purposes only and should not be considered specific investment advice, no recommendations, risk disclosure, trading futures, equities and digital currencies involves a substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. So, yeah, Jack, why don't you jump on and take it away? I'm gonna go ahead and share my screen here. In the lower left. There we go, that should be visible. I'll wait until it loads up on YouTube and then we'll get going there. While we're kind of getting started here, one of the things I want to kind of highlight when Bruce was talking about ramping this up, we've been working on this for several months now. Bruce has been talking to me about it and Bruce and the book map team have been working on it. And really what they've been kind of focusing on is two real key elements and that's journaling and community and you're giving the community element right here, whether you're in YouTube, participating in the chat there or just lurking and listening or you're actually participating by completing a spreadsheet and interacting with the community, asking answering questions, et cetera. These are incredible opportunities for you because training can be very lonely. You're risking money to make a trade to try to gain alpha essentially and this can be a very difficult thing. And by having those kind of community elements, it will help kind of stabilize you so that you don't feel like you're so alone. You can see what people are doing. You can improve your process by interacting or improving and including other people's things. But the most important element is one thing that Bruce and I really harped on from the get-go and that's journaling and that comes to the spreadsheet. At the end of the three traders that I'm gonna highlight, I'm gonna kind of go over a couple of key elements of what I think should be in a good image. As I'm kind of prompting you with that and we're looking at these three traders, I want you to think about what I think is a good thing to keep in your images. It's kind of like a, was it on the checklist at the end kind of thing, all right? Because I've seen a lot of things over the last few months. I've gone over hundreds of images essentially and I see a lot of consistent things happen. So let's try to jump into these and see what you guys can pick out of these as well. The first one we got is Jay-Z, or Jay-Z. I'm not exactly sure how to pronounce that. You can let me know. He's provided another piece of good content. He's improved week after week. He's, this is his last trade, I believe from the November timeline. And he highlights something very important right at one here. You can see in a summary, he's looking for a V-Pac short. He notes that he could have waited for a squeeze. He might have, he might should have waited for a squeeze. I mean, these types of squeeze often happen. And you can see that, my epic pen's not working here. Let's see if it loads there. And you can see that he enters the market here, right in that green area right there. And then immediately after at two, you can see that he gets a buy sweep. Just immediately putting him in a nice two, three point draw down right there. And that's something that you'll often see happen. Now this doesn't necessarily mean that his trade's a bad trader that he entered too early. It's important to understand that everybody's risk tolerance is different. And a big difference between institutional traders and personal traders is in fact that their risk tolerance is different. They're able to hold pain longer. So I'm not necessarily saying that this is a bad element, but this kind of gives confluence to the point where maybe you should have waited here for a little bit for a pullback or a retest. He does get his move after his draw down and he does scale out here. And you can see that clearly right there. Following that, you can see that he gets a pullback back to that area where he was worried about the squeeze. And this is really that final squeeze that he's kind of talking about before he gets a further dump with a nice low volume, high pressure drop down there. Now, from there, we can see also that he's got his targets clearly identified over here in the right. And you can see them kind of track all the way over here. And you can see that he does reach his targets where he was. Had he waited for that squeeze opportunity, he really could have let himself stay in the trade potentially a little longer. He might have used this as a swing to place his trailing stop at and then that would have given him a little bit of buffer right here and then eventually reaches further target. This is a really great example of how things can kind of work against you, but you had the right direction. And this is one of the most important parts of journaling is iterating on this approach, right? If he recognizes this now, next time he sees it, he's likely to not do the same thing. Maybe he waits a little longer. Maybe his risk tolerance is a little higher so he lets his trailing stop stay at where it initially was. He doesn't move it down like he did after he scaled. These are all important concepts. One of the important things that I wanna highlight in this image, you'll notice that it's really condensed horizontally. And you can see, let me kind of pull up a different color here. You can see these kind of operating on a 30 minute time slice, these horizontal time slices. This is one of the elements that I see a lot. If you really wanna leverage book map in order flow phenomena, you really wanna give yourself the opportunity to see the order flow phenomena. It's not just about trading levels. You can do that with any platform. Book map's great at it, but you can do that at any platform. Utilizing the order flow itself and being able to see some of those, those more finer details can really help you. I recommend, Jay, kind of spreading this out and getting it into the probably about the five minute interval. I think that's where you're gonna find the most detail. Now, you might have condensed this just to kind of make it available for us to see. That's totally fine. However, again, part of the journaling process is you're gonna go back to these images six months, a year, two years from now. You're really gonna wanna be able to see what you saw then. So really kind of, I think saving more screenshots is probably better in that case. So those are kind of the feedback that I would have. Great job though. You're improving each and every time. It's great to see you. I really like that you're calling out your targets. You have good concepts of when you're entering the market. It's very interesting just to enter short off of VPOC. I wouldn't have thought to do that. So it's an interesting strategy. I like to see how it works out for you in the long run. I'm kind of moving on to Adrian. Adrian, if you're listening, I don't know if you are. I've gone over all of your trades from November. This is the one I didn't go over. This is the most recent one from 12.7. Now you'll notice with Adrian here, he utilizes a lot of external tools as well. He's not only just using market pulse, but he's also looking at an indicator in trading view. He's also looking at an indicator in Ninja Trader. So he's using a lot of tools here. And you can see that he's got his essentially summary at the same spot. Great location. You're really getting breeder's viewpoint right there at the get go. He's new to my coaching rotation and it was really great to kind of see his content. And you can see this kind of multiple approach, something very similar to kind of what I do. Now this particular trade is looking at a breakout short. This is kind of something he's done a couple of times now is take a breakout trade. And he's looking at taking that breakout right at two. And you can see the consolidation pattern right here. Let's mark this. I love. Jack, I'm not sure your pen is working there. I think the pen doesn't like its shortcuts. So you can see the breakout right here. And you see this consolidation pattern. And you can see it again right here. Okay. Now from there, he's taking that short and you can see it documented here. This is something that he does a lot in his images. He'll document them multiple times. He'll show what he's looking at in book mat. He'll transpose it over to a traditional chart as well. This is fantastic journaling. This is what you want to see. You can see that he's taking the possible short entry and he's looking at the passive liquidity. This is what I'm talking about when I mentioned utilizing book map for its order flow capabilities by seeing that passive liquidity by seeing the entire book and rhythmic. This is the key element here. And he's looking for an initial target there. You'll notice that this is also a typically a mean reversion trade as this is VWOP right here. And he's trading back into VWOP on a short breakout. It's a great concept right there. We can also see that he's talking about exhaustion here in the box and you can kind of see that a little bit to this level right here. This is where his bid ask spread lines kind of spread out a little bit and you can really see that. Not only that, but you can also see an element that we talk about a lot and that's higher lows. You get higher lows and you get consecutive higher highs. And what is he looking for coming out of this? He's looking for a potential long entry and he's looking for a bounce off of VWOP essentially in his documentation here. Where is he looking at for his target? Well, he's looking to go right back to that consolidation area, right? And this is a kind of back and forth reversion type trades that you're looking for. I actually went and looked at this day and VWOP kind of scaled up a little bit and V-POC actually migrated a little bit as well. So there's a lot of confluence to this trade that was really great. You can see he's talking about his seller volume and he's also showing market polls right here. He's showing that you're consistently getting buying and then the selling kind of just fades away and kind of zeros out while buying takes the pressure. This is a really great trade by Adrian. And I really liked that he's able to utilize those different elements. Similar to Jay-Z, I think that the time slice is a little narrow, but this is kind of more isolated to this particular image because his other images are very wide. I think he used a different screen cap utility on this one. So maybe that feedback is not exactly accurate for this particular thing, but if it is, I would take a look at that by combining these different elements and shrinking that screen, you make it easy to read right off the bat, but you lose that journaling perspective that coming back in a few months from now to see how the strategy works. You kind of lose that. Another thing that you can't see here that Adrian does really well is he saves these and he names them and he names them with a strategy. The previous one from this one was the date and then reversal long and he actually names exactly what he's looking for. This makes it very easy to see all of these images in a folder and go, okay, I was looking for a reversal long to VWOP. Why was I looking at it here? And then you can go back and see that. These are very, very important concepts when you're going back on your journaling and that's what journaling is about. It's about that iterative approach. So really great sign to see there from Adrian. I would just look at maybe keeping that spread out a little bit, the newer screenshot utility I didn't like as much. I think you should go back to the other way you were doing it. I think it was much better there. Great job though, Adrian. Like I said, I've got all your feedback. I got to copy it over from the offline mode. I went through all of that while I was on travel to Vegas this past week. So great job. And then the last one I've got. Hey, hey, hey, Jack. Maybe we can open the mic if there's any. I looked and I didn't see him in the discord. I looked though for that reason. And it looks like your pen tool wasn't working on here, but anyway. It's pink. You don't see it? Oh, now I see it. I see I see something. Yeah, yeah. OK, I mean, I can choose the color too. I can go to yellow. Maybe yellow is a little easier for people to see. It's fine. It's fine. Um, but I looked. I didn't see him in the discord because I was going to mention that to him. OK, I don't know. Jay Zay as well. I don't know if he's in here. See here. Make any. Any comments on the image, previous image? I don't see him. Jay Zay, would you like to make any comments, buddy? We can go over yours real quick. There you are. Hey, can you hear me? Yeah, man. Hey, there you are. Oh, cool. Thanks for having me up. Yeah, thanks for looking over this one. Yeah, I mean, I think it probably got way too aggressive on the spelling that that's probably a good tip. I think your aggression overall was OK. Mainly because of what you were looking for, right? Like you really annotated like you were looking for a short off v-pod. And you got exactly what you're looking for. Yeah, yeah. I think what kicked you in the shorts was was moving your stops. Let me let me mark that here. You moved your trail down right here. Exactly. I think that you really want to keep it at your swing, right? So if you had your risk right here, I think you should have kept it there until you got another swing. But again, you're at that 30-minute time zone. I don't know if this is a good swing or not. So maybe your stop was good. It's really tough to tell. Harder to look when it's kind of doing that way. Yeah, I'll try to do it maybe more zoomed in. And then I'll just try to like ditch it together something so you can see it play out. I just do two or three screenshots, to be honest. OK. Yeah, I just put them side by side. Because I label them like part one and part two. I mean, at that point when you're going through your folder, right, it's really easy to know, OK, well, part one is part one. But it's hard to kind of go back. And that kind of alludes back to the point of like, when you're going back and reviewing these, you can't really tell if this is a good swing or not. Maybe it wasn't. Maybe that's why you didn't or you did move it down. Maybe it was. So that's kind of one of those things. Because you moved it right to the swing. Yeah, I think that's something that, yeah, I need to definitely not do because it's hurt me. I went to a couple of times. Yeah. But again, everybody's risk tolerance is different. So it kind of depends. Yeah, but I just scaled it. So I think it made sense to leave it because. Exactly. Yeah, it's more than likely it can return to where you entered. Or in something, this is something that Bruce has talked about a few times during the All Markets. I don't know if you've watched his stream. But he'll talk about you move it to where you're breakeven. To where you're always like zero plus one tick. So it's not a negative trade after commissions or anything. But it gives you that a little bit of wiggle room so you don't have to worry about it. It takes that pressure off of you. Maybe that's something. OK. Yeah, that sounds like a good idea. I'll try something like that. Yeah. But I definitely recommend keeping those spread out a little bit more, especially because are you a newer trader or have you been trading for quite a while? Well, I've been trading crypto for a while, but I just started trading futures like two months ago. So liquidity is kind of a different beast all together for you then. Yeah. I definitely would keep things a little wider in your documentation because you'll notice after you probably noticed this was your crypto trading after a couple hundred hours of trading, you see things differently than you did when you were first trading. And you're going to go back and you're going to go, I should have taken along there. I should have taken it short there. Or I should have let this ride longer. And those concepts will start coming to you. And that's really why it's great to keep all of the information visible because when you go back, you'll see these things. Or you'll see when you should have gotten out of a trade because you've seen things differently. So those are important concepts, I think. OK. Yeah, and I'll try to do that. Great setup. You're definitely improving overall, too. Your first screenshots, they were just like boxes. But now we're getting a lot of good information. We're seeing what you're doing. I'm able to piece together what your process is. And I can tell you actually looked at the feedback in general that I put in there last time because you made these changes. So really great job, man. I actually have a suggestion or comment in here as well, like order flow wise. There's a pretty strong offer up above there. And so I mean, taking a trade right at VWAP point of control, it can be kind of dangerous. However, you've got that offer on your side. And then after you get that initial move down, you have a bit of sell volume, and it comes right back. So it's still kind of unclear. But the offer is still strong, which is good. And then you get the sharper move with more volume on it that helps give you insight that, OK, it's going to accept below the point of control and explore to the downside somewhere. He's talking about the pressure right here. Yeah. Yeah, I should have noted that. That's definitely important. Yeah, it seems like that helped me or assisted in keeping it going. And there's really nothing John here preventing, right? Not too much. And when you have less passive liquidity, it doesn't take as much volume to get a move in that direction. That's kind of what that helps. That's the elevator down escalator up kind of mentality. Sometimes it goes in the other direction, situationally day to day. But that's kind of what he's alluding to there. But again, spreading it out, you're going to see so much more detail. You're going to be able to present more detail. And then you're going to be able to iterate on those things. I think the VPAC short just kind of go and take a scalp is very interesting. I haven't looked at it before. Bruce does mention, though, that you're very close to VWAP here, too. So it is pretty aggressive. But it's interesting. I'd like to see how it plays out for you if this is a strategy you tend to employ long term. So it's great to see. It's great to see people doing different things and having different risk preferences. So yeah, anything else, bro? No, that's it. No, that was it, yeah. All right. Let's double check, see if Adrian's here. Don't see him. OK, I'm going to go down to Alan. Alan is probably one of the most diligent contributors to just journaling. He goes through a process. He's done a great job with this. One of the things that he's done is he's labeled his trade right off the bat. He's looking for a responsive buying long. That's the name of the strategy that he's looking for here. This is a very key element. You'll see, similar to Trader HE, he might call it a sneaky lunch move. Or me, I might call it an opening range trade. We like to label things because labels make it easy to reference it. You could label it trade one alpha z, whatever you want to name it. It's a really important concept there. Now he's noting, at two here, he's noting that he's got some cell eyes detected and that it executed. This caused a giant absorption effect right here at this lower area here. It finally pushed through. And then we get a little bit of pressure following and a little continuation. Now he notates a stop run. These aren't necessarily cell stop runs. This is more just low volume trailing stops kind of. You can kind of see that tick in right here. When stops occur right around the previous swing, those are more indicative of structural stops. Think of change of character, break of structures, those kind of things. A lot of people will play stops there. When things break above a consolidation, they might put a stop right below where the previous swing was, similar to what we were just talking about with Jay-Z. But then he notates something really important. He notes that you get a buy stop of 50, but you see a cell stop canceled. Now this is very interesting. When you see or ice, excuse me, not stops, ice, when you see icebergs canceled, that can be an indication that there's potentially volume coming or maybe somebody who is institutionally in a trade no longer likes that trade. And the reason they might not like that trade should be interesting to you. From there, he notes he's got very good volume pushing back into the consolidation range at 4. And then you can see this responsive pressure. Now he doesn't know where a potential entry or exit was on this particular trade. But if I were to look at taking a trade here, I would be looking to take a trade right around 5. I would be looking similar to Jay-Z's setup, a consolidation, break of the consolidation, maybe a potential retest and wait. It just depends. Another element here is he's got in confluence and kind of confidence of not being short. You've got a very key level very close to you at 16,000 on NQ. That's a very psychological level. Breaking those levels typically is gonna take a lot of volume and you're generally gonna see a kind of retest of that. Any kind of those big psychological levels, you'll really kind of see that. So that's kind of giving confidence to the long opportunity here, just looking for a good entry essentially. And really five is kind of where I would take that entry. And then after that, one of the other things that Alan's been working on, and this is something he's been iterating on, kind of going back to that journaling process, he's been iterating on this sub chart. He's expressed to me that he's not quite happy with the way he's got a displaying. He's using market polls. He's kind of trying to get the breaks and the stops and the icebergs in there. And he's been really working at this and you can see that in his images over the last couple of times. You wanna see those things because you're gonna come back and you're gonna recognize these things later on and you're gonna be like, oh man, I really liked the way that was showing now that I understand what's going on or maybe that really wasn't helping me. These kinds of concepts are really important. And by getting these in his images and working through them, he's really showing that kind of iterative process, very important as a trader. And we do actually have Alan here, if I remember. Yep, I see him in chat. Can we get him up here if he wants to be? Alan, do you have any comments for us, buddy? Hey, hey, you might be on push to talk. Yeah, I got you. How are you? Comments, comments. Yeah, this is basically like one of my favorite trades is to find the, looking for a strong selling going and then waiting for the responsive buyers coming. It's like, I don't wanna say it works all the time, but nothing works all the time. But that's why I favor these trades. I guess, I mean, honestly, when I see the trade, the last part when the sellers go, right before they go out, that's like the main thing for me, but I'm trying to add more information beforehand that's showing the clues that's leading up to this, you know, like you see it like this little nuance. Also, also a game of confluence is that the sell iceberg was canceled. I tried to meet it. I just realized that... No, yeah, that was great. There's a detected sell and then there was canceled. So then I sort of blew the green bubbles, the sub chart is, I don't have a sub chart. I don't use a sub chart like that. The only thing I have in my sub chart is the icebergs and stops, it's just that when I save my setup, for some reason it doesn't... I restart every morning and it leaves it on there and then I don't take them off. So I don't even use a sub chart as much. So I'll clean that up because it's just making a mess for no reason. It's all right. It's all right. I noticed that you've been changing it around sometimes. Maybe I'm just catching you about this. Trash or head boy, I just asked a question in chat. Where's the best place to learn about icebergs and all those technical terms? So you can see icebergs on the CME website. I'll try to get that link and I'll post that in the eCottery and ping you in it. There's also a... I'm sorry to interrupt you. No, go ahead. You see also about this going up, there was a 250 contract iceberg that I executed. So it was already executed all the way down there and the market's going up. I also took that as a confluence. I guess the arrow is where I got out. Like usually I point the arrow up where I got out. Yeah. I guess I'll just try and say I got out over here or whatever for future. You can just make triangles or something, anything you want. Just make it a little more clear. I think it would be really good. I came in a little bit late. Did you have any questions? No. One of the things that I said initially was you're one of the few that put a title right at the top left. I think that that's one of the most important things. What style is it? That's the most important concept because you can name the same image. Yeah. I don't, because then I already have my head. Oh yeah. This that I'm trading and when I open up a trade from last month or like, I'm not the, you know, like what's the movie with Dustin Hoffman and the Rain Man? Like, you know, like every single number and every single like trade, like, you know, in the movies. Oh, yes, I trade. I remember the trade like from 10 years ago everything like that, whatever. I'm not that guy, but if I write any type of description and whatever, it'll give me an idea when I open it up and I know it's look for, oh yeah, I kind of remember what happened with this trade. That's the most important part is being able to do that. You can put enough information in there to where you can recognize what you're looking at when you come back to it. Because you're going to come back to these eventually. So, I mean, I repeat this self. Yeah, that's great. I don't, I don't, is it Jack, by the way? Yeah. Hi, Jack. I got down. Nice to finally speak to you. Yeah. I'm not such a big lover of technical analysis. I know when we spoke a little bit earlier, you said like the pattern, but like, whatever it is you see, yeah. It's like, I just, because, you know, I took the C&T exam all that and I'm not going to say it's hocus pocus because there is, it does work. I mean, there's people use it, but you have to know how to use it in this, but order flow is order flow. If the order is there and the way the market reacts, that's at the end, it's, so I'm making those patterns. That's just doing everything. That's like driving engine behind everything. Exactly. Annotating what you see is the most important part. Annotating what you see is absolutely the most important part. And doing it in a way that helps you, right? And that's what you're doing. So, yeah, this is really solid. And I added, I added, I added the permanent sales given the reason because I don't know when you see like a, you want to see actually like an iceberg or something, it's also you see that con, like Christmas, I call the Christmas tree contrast, you know, you see the red versus the green. And then if you see a whole bunch of green, like in the corner of your eye, like, oh crap, let me, and then I hear, I hear, I have an issue. I don't know if you guys have that. I think Bruce told me that you can't, when you take a screenshot with market pulse, you can't, it doesn't always show on the screenshot. So I use Windows Snip tool. Yeah, you got to use another screen, share a shot software. I use Windows Snip, which is just a- You just do a snip. Shift, Windows key and S, and I do that. And then I make sure they just- Oh, this is shift, shift, Windows key enough. The problem that I don't want S, I don't know which of the three screens it'll take. I can only do it manually. You get to select what it does. Oh, really? So the Windows screen, what was it again? Dan just put it in the, in the chat there for the channel here. You should be able to see it. Okay. It creates a draggable area. And that's what I do. So she does that until they figure that out one day. It's the way the screenshot kind of work. It can't- Sometimes it actually has come in on the screenshot, but whatever, I'll use that. But overall, this is great. Essentially what this is, this is very similar to the other two trades. It's a consolidation breakout trade, essentially. That's all three of them ended up being very similar to that. And I didn't make it that way intentionally. Yeah, I could have made a box here on the call. I could have made a box between like 12 p.m. and 12.15. Like that's like the call zone. Well, you could have done even further from what it looks like here. Honestly, like this is pretty much all the consolidation. Yeah, I could put a box on here. There's a slight break of it I wouldn't necessarily do. Cause you've notated that this is a pretty big iceberg right here with volume. That got really big all of a sudden too. But yeah, that was, those are the three trades that I had. Do you have anything else, Alan? Is great overall. I've added more feedback to your stuff too. So you can take a look at that in your- Yeah, and even if you took all the stuff off the chart, I try and sometimes I'm always like trying to find the next greatest trade. But sometimes I just like find like, I mean, you see the clear liquidity levels on top and then another one higher like a really big one that's 650. And sometimes if you, you know, just a bit of a book map and be able to see that. Cause like when I first started it, I was using Jigsaw. And they were, and they suggest like put like an X like wherever the top parvors is 16 or 50, but that level, they would like mark an X or high liquidity mark an X here on a spreadsheet. And that's kind of like a hassle, but the video book map, which sometimes I just put a simple trade that you can just see the liquidity and if the market, the price action is heading towards liquidity, you know, it's like one plus one equals two, you don't have to make it so overthink it sometimes. Even though there's a lot more to explain, but sometimes if you just take a step back and just look it's going towards the liquidity and you know, I guess liquidity is king. It can be, it can be, it can be a great target. Absolutely. So overall really great, really great trades from Walter guys. I really liked being able to share these. So that was all I really had. The things that I would like to see in general for trades, I mentioned kind of a list of stuff. I'd like to see in general, I'd like to see people have a strategy name. You can see that in Allens trade here, a directional bias. You can see that based on his name here, but Jay-Z also had his directional bias, VPock short, right in his description. Do you think I can use it as like the name of the play or it's not descriptive, but no. No, whatever works for you, that's very easy to kind of like understand. It doesn't matter necessarily that. This goes for everybody. Yeah, perspective entries, perspective exits and mid targets. Now we saw Adrian, he has perspective targets often in his images. Jay-Z, we saw his perspective targets in his images. This one, you're still kind of going with the trade. So obviously that's not necessarily going to have it there. Kind of where I'm wrong. Those are your perspective stops. Really what really would like to see those in people's images when they're doing it. And then the order flow confluence. And we see a lot of that here with Allen in his icebergs canceled. I want people to know, because I remember when Bruce, stops in iceberg first came out, so I don't know when I first started with bookmark like in pandemic time. And like right Bruce, like when the first like around 2020 started to come out and everybody thought it was the holy grail. Oh, there's an expert. There's an iceberg of 250 contracts sell, let's say sell. Like I also want trying to explain the people's just because you see the iceberg doesn't, you can't look at it in a vacuum. You have to have as a confluence with the, with something else to make sense of it, with the sale and also just stop runs. Like it's very dangerous. Like I get a lot of messages from people who are so familiar and like, oh, I know, like you'd be surprised, Jack. Like, like, oh, I don't need to know anything else about bookmark, but I have stops in icebergs. I see them all like, okay, but you don't realize like whatever. I go have fun. I see them. People are interesting, but those things in the images are really great. And then being able to show those order flow confluences like you saw here with icebergs, we saw with Adrian and Jay-Z with the exhaustion, annotating those and how they add or subtract to your trade direction and why you're taking the trade. Those are the most important elements that you should put in every image. So if you have questions about what you should put in your image, add those and I'll put them in. I'll put those in the academy channel, that kind of list of stuff so that you have an idea of how to do this. And this is for you guys to remember so that you guys can go back and do these things on your own. But that was really the main three things that are three trades I want to talk about and then the journaling and community thing that I want to talk about. So that was really all I had, Bruce. I think it's up to you now, buddy. Okay. Go ahead and drop off here. No, I actually had a comment or two for Alan as well here. Alan, you really come a long way. It's great to see this Christmas tree. I mean, look at this order flow in here or the transactions within the structure. I mean, red, green, red, green, red, green. But as you noted there, like on that kind of just to the right of point two on the chart, that green dot there, yeah. So it's auctioning there and it's trading there and it comes back there on high volume again, and look at the, I mean, this is looking like a really beautiful momentum move. It looks like it's going to go to 1650 pretty quick. And but look at the distinction, like look at those volume dots and then look at all that red in there is going to be trapped. So this should unwind pretty nicely to the upside. Can this also be described as a short squeeze? There's another one. This would definitely be a short squeeze. Yeah, an element of a short squeeze. This would absolutely be classified as a short squeeze. Yeah. So if we're responsive buyers together with short squeeze, oh yeah, there's so many components the more you break into. Generally kind of like what Bruce is saying, anytime you get this kind of like large momentumy trade, you're going to get a squeeze on the other side because there's going to be traders on the other side. Always. Yeah. So let me just go ahead, Bruce. Oh, sorry. Just another thing on the name, a responsive buying. I don't know what time frame you've got here, Alan. Maybe it's a responsive buying, but to me it looks more like an impulse move. There's an responsive buying after a stop run to finish and you see the response is selling a buying. So nothing in this image, nothing in this image, I would classify as a traditional stop run. I would say that these are stops. Number three. No, I would say that these are stops. I would not qualify these as stop runs. Number three on the box. Do you have number three on them? Yeah. Yeah. There's something there, yeah. Yeah, I generally still wouldn't call these stop runs because these are, these are just literally. Isn't a circle a stop run? So not every stop is a stop run, but every stop run is stops. So it's like a square rectangle kind of thing. What I would classify these as just kind of like, these guys are just on the other sides of swings and they're just literally getting stopped out because they're on the other side of the swing. And it just- So I'm confused that 50 isn't a stop, isn't the stop run? I would not classify it particularly as a stop run. I would look more as a stop run as instantaneous large volume typically is what you'll see. That's not always the case. It's not always great to be absolute. Looking at the image not in real time, looking at it in 2D. Yeah, that's also a difference when there's- Yes. What we were describing is also part of what I factor into a run at the velocity. This I would not particularly describe as a stop run. I would pretty much just describe this as kind of a consolidation. People got trapped and got stopped out. That's pretty much what I would classify it as. Not a typical stop run percent. So why does the 50 show up? Because people got stopped. They're on the other side of the trade. Anytime I put a trade in the market, I have a stop. And if my stop gets triggered, it's going to show up. You're talking more, I think, Jack of like a book sweep of multiple cascading stops as a stop. That's typically what is institutionally considered a stop run. Just encountering stops is not necessarily a stop run. Yeah, because there's sweeps and there's the mixed lines and then there's the- But it doesn't have to be sweeps. It can just be volume itself. Heavy volume doesn't necessarily have to be in the sweep. It could just be pressure. Yeah, but I just go by the circle, if in the formula circle. Because there was also some icebergs executed, but I covered it. But anyway, I hear what you're saying. Yeah, I hear what you're saying. It's still great. It's still important to notate that there's stops there that you saw that people got stopped out, essentially. I just typically, in a consolidation pattern, I typically wouldn't consider this a stop run percent. This up here is a stop run. This is a heavy volume push with momentum. I would be surprised if there's not a sweep in there a little bit. Maybe 20, 30, 40 contracts in there, pushing it a little further. And then that's why you get the momentum continuing going. I would definitely consider that more of a stop run. But it's kind of just- It's just a difference of where people kind of learn from. So that's why I wouldn't hesitate on it. I think what you're describing is what someone explained to me as a book sweep. Like, it shows differently. I don't have an example, but I know what you mean. Yeah, that's the fantastic thing about trading is there's 50 different ways to say the same thing. So- Exactly. Did you have anything else, Bruce? No, no, that was it. Awesome. Great. Hey, I appreciate your time, Alan. I'm going to- Thank you for that good time to look over my trades. Of course, man. Anytime. And like I said, you can always ask questions if you want. And we still have that conversation going. So I'm going to drop out here and let Bruce take over. Okay. So yeah, thanks, Jack. And yeah, nice some nice images there. And it's really great to get different perspectives from different coaches. And also to see this improvement too, you guys have really improved over the last several meetings here. So, you know, it's working. Keep with it, stick with it. Rob, talk about stick-with-it-ness here. So this is a slowdown, put this together. And he was not able to attend. So we've got it in text. And, you know, it's actually, he's got a theme going here about flag patterns. And as you guys know, this is one of the strategies and setups that we have on the Learning Center here at bookmap.com, Learning Center. And in here are some of the courses that we have. And we just have one right now, but like I'll be adding some others here end of the year very soon. So, anyway, so Rob's been making videos and kind of going through a narrative in his video. And it's 11 minutes long. And we kind of said that, well, you know, we can't go through people's videos if they're like over a minute long. But anyway, slowdown did. He gave you really nice feedback here, Rob. And he says like, wow, you know, look at the effort you're putting on. Fantastic. He does have some feedback here, though, that a bit of meandering, maybe without any kind of clear focus while you're scanning for your flag patterns. So then he has suggestions in here as you go through your looking for these flag patterns. Consider your image checklist. And he made one for you here. So, and this is actually his style. And this is, again, like this is the beauty here. Different coaches are going to give different feedback here. As you know, slowdown has a Wyckoff spring pattern that he looks at that he has studied in detail. And he always shows the kind of diagram or schematic of it so that he knows what he's looking for. This is kind of like burned in his memory. So, you know, he's suggesting that you do something like this. And having this checklist in front of you, as you guys know, we have that checklist add-on in Bookmap Now. So you can fiddle with it yourself and put in your own criteria for that checklist as well. So use it. This will keep you away from bad trades. It will make you focus more on good trades. And then, you know, you want to take the good trades and filter out the bad ones. So, yeah, you know, use these tools. And yeah, he says here about these steps, going through the different steps in here. Step one requires a consolidation that is trapping traders. If we don't have step one, you can sit back and relax. So, you know, there's considerations in here, from step one to step two to step three. So go, what Slowdown is suggesting here is like go through one. If you don't see one, then maybe you're not looking for two at this point then. Okay. And this will filter out. So, you know, you can still get a flag pattern without the consolidation, but it just works way better with it. I mean, we can see that Allen's trade, last trade, for example, probably turned into a flag pattern because it was a pretty strong, strong breakout. And it's going to probably go up to 16 or 16050 and then pull back and then maybe continue. But anyway, knowing what you're looking for and burning this kind of pattern, into your mind of what it is in the order flow you're looking for and follow through with that, one step at a time. So, let's see here. He, yeah, step by step is his advice in here. And so here he went through. And this is during rollover period, as you guys can see, this is the, you're looking at the H contract here. On Monday, so a bit early on Monday, whoops, sorry about that. And anyway, here's your, you can see this consolidation pattern in here. And then your breakout. And then on some strong volume in here, you can kind of see it is kind of messy in here. And then your pullback and then looking for that continuation. Again, so anyway, start to identify maybe in terms of the steps, what you're looking for. So I actually had this suggestion for you, Rob, as well, because like even the flag pattern in here, like you're looking for consolidation, the trap traders identifying them, looking for that impulse move, that strong move up into high liquidity here, right? And it does it. It does it in here. It's not much of a move here. It does look like it's on some strong volume. And then the pullback, though, is also pretty steep. It comes back pretty harsh here. And then you're again, though, looking for those buyers to curl in and then take it up further towards your targets. So anyway, just step by step, look for these things and identify them. It should help the filtering process to stay away from some of the bad trades. Rob, are you in here? Would you like the mic? Maybe you can walk through a little bit. Okay, can you hear me? Yeah, there you are. And here's your video, too, which I'll paste into the chat for people. Yeah, I got to figure out ways to make it no longer than a few minutes. I've had some of them where I go on for an hour. Yeah, yeah. Well, I mean, whatever's helping, whatever helps your process, if that's helpful for you, talking it through, you know, continue on. Yeah, I'm just, yeah, I'll try to take that advice, Stan, put on there with what you were just showing. Okay. I'm just kind of stuck right now, the last few days. I've just been wondering where I'm at with the whole thing. So I just got to go back and rethink things. Why is that, Rob? I mean, you know, there's parts like, I know it seems like other people get this down easier. You know, I'm just the kind of person, I'm not good at journaling things. I've always struggled with trying to back test something because then I always go, oh, so at some point in the process, I messed up. So I got to throw the whole thing out and start over and think about, you know, how did I mess up on gathering the results? And so I just keeps throwing it out and starting over and throwing it out and starting over. And I've never gotten to the point where I have any defined process and plan. So I'm just, you know, just struggle with, you know, I want to get to the point where I have a plan. I know exactly what it is, and I'm going to repeat it over and over and back test it, determine if I have that edge and the probability or not. Yeah, I mean, there's a few ways to go about this. And actually, it's funny, you mentioned this. This is something that Alan years ago had mentioned. So in the, you know, All Markets webinar, basically, that, you know, reading the order flow in real time and his question, and I got the question a lot, is, oh, that's great, Bruce, but like, where do you get in? And, you know, how do you manage it? And it's like, okay, all right, let's take a step back and let's go over it. And this, just look for small wins, right? Build confidence. So simplify it. Now, you're not looking to knock this out of the park. You're just looking for, I mean, like, close to break even. You know, try to be profitable. But close to break even, certainly, no big losses. And that can be a hard habit to break. But anyway, I was, I remember you talking about studying this flag pattern, and then I was encouraging you just to look for just that first impulse move. Kind of like what Alan had in that last image. And just look for that, and get good at that. And then kind of get into the details of each one, because I can't stand, like, calling this a flag pattern. It just, it kind of drives me nuts. Like, it's the order flow within this is what we really want to understand. And there's so many of these impulse moves in here. It's like, well, who's in control? There's buyers here. Look at this little pullback in here. Let's just zoom in here a bit. And mostly buyers kind of trickles back on a pullback. Buyers, again, kind of trickles back on a pullback. And it goes up, but it just, it takes its time in here. It goes into a really big consolidation. And then you can see these little areas in here where it's bashing up. You can see these little areas in here where it's bashing on one side. Here's your slowdown spring trade, taking it back up to the top of the range, holding it, looking for a breakout. It doesn't get it until later. But again, noticing the stronger moves. And then you can look for that just really simple idea of is it auctioning off up here? And if it can again after pulling back, and you see maybe a flip in the order book from offer to bid, and you get volume in here, it's most likely going to come up and trade through and break out from the area. And you would be anticipating this strong move. So just maybe less steps would be easier. I don't know if that helps or makes sense. To kind of narrow it down to the simplest approach that I can, so that I can try to do it the same every time. So that I can, you know, I have to determine, do I have any sort of an edge? And I have to have it narrowed down to the least number of steps. You know, I'm trying to just use a naked chart with no indicators. I've tried messing around with the CVD and the market pulse, the volume, pressure and balance. I find I can't really find anything in it that I understand yet. For this particular setup that we see right here, I agree with Bruce. I think the flag pattern is not necessarily a great name for this. To me, what this is is a consolidation breakout retest. You get the consolidation in the yellow box. You get exactly what Bruce is talking about, the auctioning. You finally get that breakout. And then what happens? Price comes right back and retests that level. And then there's no continuation from there. So where would you be looking if you don't get any continuation down? You'd be looking to try and retake that high, that previous swing high. That is the trade I would be looking at trying to get. You'll see consolidation patterns and you can see them, and me and Bruce have talked about this for hours together. You can see these at every single timeframe, whether you're in the 30-minute timeframe or you're zoomed into the five-minute or even the micro-timeframes, we've found them. You can see these exact concepts. So you can look for these kinds of things and that's what I would look at. I would look at the consolidation because you can identify consolidation over a decent period of time. You can clearly see it with a box visually. No indicators needed. You can see a break of that consolidation very clearly. Generally it's with volume. And then you can tell when you've come back and retested it. So then when you get that long opportunity or if it's flipped over and you get that short opportunity, you have an area. And now where would you place your target in that particular setup? Be conservative, like Bruce said. You don't need to be knocking it out of the park. Aim for where the swing was, where that number three is on this particular one. I'd go a couple of ticks short of it. That way you're still just getting a little bit there. By working through those concepts over and over again, you'll start internalizing this and then you'll start seeing it in other areas and then you can start moving on to something else. Narrow it down one thing at a time. It's just like walking. You can't chew gum yet. So just work on those things. Don't worry about a ton of statistics and everything else. Just go through paper trading. There's nothing wrong with it. Every strategy that I've ever implemented over the course of my entire trading career, I have put dozens and dozens and dozens of hours just simulating that particular strategy. So there's nothing wrong with any of those things. So that's what I would look at. I wouldn't look at trying to over-backtest stuff. If you're not a programmer, it's not easy to do. You need help. But you can if you want to go that route. It's just an in-depth process. And there's a lot of people that can help you out with those things. Hey Bruce, I just wanted to... You hear me? Yeah. I just have a message for Rob. I don't know. I heard you saying it was on a sports show actually. And you're talking about which players we traded the who and dids and which should get the most value. And it was Max Kellerman. And he said the line was perfection is the enemy of the good. So meaning whatever player that we're going to trade, not going to get the perfect thing back, whatever. So like just sometimes trying to be perfect is like even defeats exactly what you're trying to do. And you end up getting overwhelmed. I should give myself the same pep talk. Sometimes. But I just wanted to give that line. The perfection is the enemy of the good. Don't make any sense to anyone but me. Yeah. Yeah. Pete is saying the same thing. And Pete, we can open the mic for you if you like. Pete's a very, very experienced trader. And heck, we should bring him in here as a coach as well. Pete, so a question here that I've got is I have a trade of eight connected to my book map. And they have a performance center thing. And it tracks all of these statistics of your trades. Since I can't figure out what I'm doing with the back testing, I can just do the trades and just track my performance on that thing. But I can't go far back and collect a sample of like 100 or 200 trades. That's something I've heard people talk about also. Looking in the past for your setups and going, okay, here's I can break down these statistics and figure out do I have an edge that way. I mean, I can do my stuff going forward. I have a pretty good setup with that thing. It automatically tracks it. I mean, for anybody in here that's got trade of eight, you know what I'm talking about? It's got all the pie graphs. And it tracks all these different statistics about it. It's just going forward. I mean, because I can't figure out what I'm doing with the back testing. It's like you got to be able to program stuff and use Excel and all that. That's just take some of these moves, Rob. If you notice, you can go through your steps. It's come from an uptrend. You see this consolidation and back and forth. Now, because it's being rollover, you're not getting too much out of the order book in here, except for confusion, maybe a little bit of liquidity in some of these levels. But, you know, and then, again, starting to kind of understand like, look, it came from an uptrend. There's buyers up in here. There's some selling, good cluster of selling here, but buyers are back here and they're back here. And this is your lower high here. This is looking pretty good. And, you know, this is actually one of your trade ideas of kind of a move back to point of control. Right? Or, you know, the kind of middle of this range in here, which it is going to be a high volume node, typically is, and a bounce off of it, look for the volume to come in. And you can, depending on what your risk tolerance is in here, here, here, or maybe a measured move up into a higher level. Jack has a good point with the breakout, bounce off, pull back and continuation back up to at least the top. So, I mean, there's, these are measurable things. Just to be really simple. Number four, testing on top of that consolidation there. You have all those pivot points on top in the yellow box. And then four is, you know, came up, went to three. Four comes down and it tests on top of that consolidation. And then continues to go up. Yeah, yeah, exactly. Exactly. So anyway, there's a lot of very simple ways to start to measure these things. And again, take your screenshot, measure them, put it into an Excel spreadsheet, take your link here from Discord and put it into that Excel spreadsheet too. You know, or maybe you want to put it like in here, the way that Slowdown has done it in Notion, you know, and Journalize this way as well. And you can have your, just notes down here, it went this many points. This was a, how wide was this? You know, how many points did it go up? How many points did it pull back? Where would my entry have been? Where would my stop have been? Where would my take profit have been? And you can start to build it out this way. You know, just get one or two to begin with and take it further. Anyway, guys, I don't want to keep you guys too late and I want to move on to a D&T matter. So if, unless you had any other comments, Rob? That's fine. Thanks for your input, guys. Thanks, Rob. Really tremendous effort. And A, you know, it's not easy. I mean, there's setbacks along the way, but keep, keep going. I mean, you're, I mean, I see dramatic improvement. So yeah, I mean, my God, it just drives me nuts. Like nothing else just makes me want to slam my head into the wall every day. That, that can be trading. So anyway, let's move on to a D&T matter and also a flag pattern in here. Any kind of really nice one in here. So I, too, agree with a slowdowns approach here. Really nice documentation, clean and clear. You're focused. You know what you're looking for. This is, and D&T, we've talked about this. This is going to make you, you know, graduate into the Bookmap Academy. So this kind of documentation, this kind of clarity this kind of focus, it's high quality content. Keep it up. And then it's just quantitative at that point, one per day. And then, you know, look at how much better this is now. It's really great. So, so let's go through maybe some of the comments here from slowdown. We'll take a look at the image. And also, we'll open the mic for you. I think you're in here, right? Maybe not. All right. So let's see. Yeah, again, like a slowdown. He's just a big fan of this as, you know, as his own trading method here. You know, he wants to see this, what he's looking for in the diagram. And then relate that to the chart here. And this is really a very powerful way. It's like, this is what I'm looking for. Is it doing something like this? All right. And then you've got your checklist here. Now, this is probably a really good idea to keep this diagram either printed out or have it on another screen or something to know what you're looking for. And you already have the checklist, though, capabilities with that setups checklist tool and book map. So let's see here. Yeah, he's added in the diagram. I've seen this added in your chart. Might help others watching which will always engage the market. Yeah, once the context changes. Yeah, so let's take a look in here and see what you got. So, okay, so open back high inside yesterday's range. It's only dominant for 30 minutes. IB 30, still open IB 60 stat soon. Okay, you've got your consolidation in here. And, okay, you've got your VPOC here yesterdays. And, yeah, this is great. You've got your kind of wedge pattern in here. You've got the break here, but it's still not really clear. You've got the retest and a break. It actually should be breaking here. After auctioning here a few times and then pretty strong move, pretty strong pullback, but on low volume and a pretty strong move again. So, anyway, it pulls all the way back here once more and kind of leaves you a little bit bewildered, it looks like, at least to me. But once you see this starting to come in again, it's like, it's worth it. You know, it's looking really good to break. And at least come up to here. Most likely come up to next one. And actually, you're targeting up here at 4590. So, yeah, nice image, nice capture here. I like the way you're looking at the two-sided trade here. Either side could be taken out, but you're looking for the outside edge and scale at the mean. So, this is getting a little more advanced with the scaling. But this is, once you know kind of what you're looking for, one of the benefits of scaling in or scaling out is to constantly adjust your risk. Especially scaling in is, now, it's more of an advanced method, but that's one of the edges we have as day traders is to be able to do that. When we know what we're looking for and it really starts to show, you can push your edge as long as you can maintain your risk. So, because you're looking for something high probability, and why not ramp it up if you can. So, anyway, very clean, very clear. You know what you're looking for. I like this little pullback in here. Kind of quite a bit of selling in here, but it auctions back up again. And we've seen this move so many times. Once, you know, these sellers are thinking, oh, yeah, I'm going to sell it back to here or back to the mean. And then the buyers come back in again, and this is where you get a really nice move on the second move. So, anyway, good stuff in there. And that's all I have, D&T. I don't know if you're in here, but can you guys still see my screen in here? Yep. Okay, okay. One of the things about this particular one that I found interesting was that those two buy side breaks before it breaks that consolidation pattern were really, really close. They could trap you there on the D&T one. Yeah, yeah. I mean, you know, especially with the, you get a visual bias here with the trend line here. Yeah. I mean, it just, it really looks like it should break here. It just doesn't, you know. If I was looking for a consolidation pattern, I might have entered early there. So, but my stops would have been at the swings below, so below the consolidation pattern. That's what I would have accounted for. So it would have eventually worked out, but it would have been underwater for a little while. Yeah. Yeah. I mean, this is kind of a little bit of nervousness in there for me, for sure. Yeah. And I don't see any psychological level there. There is the higher timeframe stuff. So that's me just kind of looking at the image from the chat. But it is, it's a decent flag or not a flag, but a consolidation pullback. It's just a small pullback. Yeah. Yeah, right. It's interesting. I mean, there's a couple in here. There's one here and then a bigger one in here. Yeah. That's the classic M pattern that I have a friend who trades. He would have entered long on that from the very bottom and would have loved it because it just rallied up because he looks for those little M's all the time. I don't know. He's weird. So all right. So let's move on, Steven. We got an image for you, a couple images, it looks like. And then Slowdown actually wanted to, he had a flag pattern that he wanted to show. So notes really cleaned up your image images in here. So great analysis and it's looking much cleaner and better. I mean, my God, Steven, do you remember what your charts look like, like I don't know, two months ago? So a big, big distinction. So again, he's very consistent in here, like throwing on top of this, knowing what you're looking for. So this, and Rob, this is actually one of the things that, exactly what you were talking about. Like, how do you know what you're looking for? How do you not get confused by it? Well, just keep looking for this thing and identify it. And you don't have to go with my image or whatever it is. You can go with your own. In fact, it's better if you go with your own instead of relying on someone else's image or content. What are you looking for that you know works? I've seen this one from you a million times, Rob, where I know what you're looking for. You're looking for this kind of consolidate. Let me try to find something else here. Hold on. Here, I just use a Google sheet here. All right. So you're looking for something like this, your consolidation, your big, big breakout, right? Or even if it might do something like that. And then it might come all the way back down here. And then you're looking for this. I mean, you've looked at this a lot of times. Now, this seems to resonate with you. Okay, so make a diagram of what you're looking for in here. And try that. So what are you looking for exactly? Obviously, I would imagine you're looking for your big, big, big dots up here, taking this higher and probably small ones on the way back down. And you know that this is going to be your point of control. This is going to be your at least highest traded level in here. And then you're looking for a bounce off of that. Just note that one of the things in here on this pattern is that this can also, and you might want to look at this, when does it fail? Because a lot of times you might get this little bounce like this and then it domes hard. And you're really looking for those big dots on the other side here. And these can be really, really nice winners. And it makes sense of what's going on in here in terms of the structure and the transactions. Look for the order flow too. So what are you seeing in here? Is there a lot on the bid here? Do traders trade into it? Is it exhausting out here? Are the buyers curling back in here? These kinds of things will make it much, much cleaner for you and likely improve that probability a lot. So just some considerations. So, yeah, let me go back to Steven, your image in here. Okay, so, yeah, beauty in here. On the, okay, I love that you're using the Delta in here. You've got your trap traders. You see your move through, into and through high liquidity. You're identifying the strong move in here. It's also kind of got a strong structure in here. Finally, slightly higher highs, slightly higher lows in here. And then you start to see that auctioning again after these little pullbacks in here. It's looking good for a breakout in here. And, boy, I don't know. This is a lot of liquidity in here. But I don't see, you see a little bit of a pullback in here. But you start to see the buyers come back in. So maybe you can hold on to that. Maybe you take some off here. You don't get much out of it, but it ultimately goes through. You can even see the pullback off the top of that. And then another nice move starting to emerge right here. So you're identifying strong volume. This is great. You got your trap traders. This is great. Beauty, you're starting to fill out your check off the list here. Steven, let's give you the mic. Oh, okay. All right. Next time. Could you have the capability? Or is it just too many people on the stage here? Okay. All right. It's too much noise. Okay. All right. No problem. So let's go back here. Yeah, I would agree with us. Low down on this, the pullback's a bit too deep. But otherwise, beauty. You're recognizing the things, checking off your list. So let's see. Then image number two here, right? So a good example of highlighting your common elements of the order flow. This is where you came from, right? And what you were going through. And this is an important part of the process. Jack, I don't know. You jump in here at any time. I mean, like first identifying order flow elements and then starting to focus on what you're looking for, right? You're going to put some kind of order into that chaos here that you're starting to see. And as Slowdown mentions here, identifying these elements through screenshots eventually translates into real-time readings that can really help stay aligned with the dominant side. So good job to identifying where context might be, shifting and why. Eventually seeing this in real-time become second nature, nicely done. So this is even a vast improvement from where you came from a few months ago. But it's still a more focus, but you're identifying a lot of stuff in here. That's fine. It's just like, look at the difference here of what you're looking for. So good stuff. Yeah, this is really nice in here too. Look at that book on the other side with the buyers coming in. This is more of a reversal and kind of head and shoulders that you guys can see. I'll be covering this in the next one. I just want to note something in here on this one in here, on this kind of head and shoulders. This is actually a pretty good example. You've got shoulder, I don't know, head and shoulder, I guess. And it's kind of skewed. But look at this in here. I want to go through this and take the time. I'm sorry, I know it's already gone an hour and a half. We only have one more image, but we got crash as well. I don't feel so bad crash keeping you until the end here, because at least you're on Pacific time. So you're three hours behind. Look at this guys, like right here at the head. You'll see this a lot. It's just a stark difference of what's going on in here. Look at the volume here. Look at the volume here. So this is selling. This on the other side is buying. Now we don't know that, but you can start to see that unfold in here. And then look at other elements in here as well. Are we starting to break structure? Are we getting higher highs? Is it auctioning again? And look at this beautiful flip here. Well, offer. They were on the bid before the offer, actually. So really supporting this, pushing this. What's the reaction to this? Fires. So we're still looking for this to go higher. So yeah, this is a real nice image, actually. And a lot of things to kind of identify in here. Some simple things too. I mean, you're identifying a lot of different things. Boy, I mean, in terms of reversal pattern, you can pretty much stop with some of these things. I would say like this area getting filled, you would be a lot better to see, like, high liquidity getting filled in these areas here as well. But this bid is so strong. And the reaction to this really strong bid down here is buyers. So it's got a lot of nice elements in here for a reversal pattern. In fact, I've got to find out what day this is. Maybe I'll cover that one. Yeah, let me know. All right, so one more. And then we can go over, turn it over to crash and point to an image. Let's see. Okay, so yeah, he's looking for the same thing. And he's kind of, you know, basically you know, showing that putting it to the test in here. This is what he's looking for. And then here's his, what he's looking for in his pattern. Here's his checklist. And then he's starting to mark them off in here. Strong move up into high liquidity. Measured move, you're pulled back in here into liquidity in here. Beautiful. This is really nice. Again, strong move starting to curl back in. I'm kind of surprised to see this little bit of a hiccup in here. But yeah, I'd be looking for this to continue on up. It's just that there's a lot of buy volume in here. Look at the buy volume in these areas. So let's see here. Right, right. Okay, Dan, so we can only have five speakers in here. So at a time maybe Alan and, okay, there we go. Maybe Alan can drop and Stan, feel free to jump in. Stan, you're on rotation this time. We'll be talking to you next time. But if you have any comments in here. No, that's good. All right, no worry. I'll be right here. See you next time. Okay, okay. Thanks, thanks, Stan. And guys, that's all I have or that's all slowdown has. Crash, anything that you want to share with us? Yeah, everybody, how you doing? Doing all right. So good. Well, it's obviously been a lengthy day, so I don't want to really take too much time. I guess I will just briefly cover just a couple of points. I think everybody saw my slide. Are you able to share what I point to or do you want me to do it? Well, do you want to show me where? Like in Discord? I can show that. It's going to, once you go into book map or blue jacket, the blue jacket room. Okay. And I just want to briefly cover the slide I did with the overview right after the, down a blue jacket, a little bit lower. Right, right down. And maybe just go up a couple of slides to my overall summary that I say, please review. All right, yeah. Yeah, you've been busy. What's the date of that? Yeah, no, probably lower, actually. What's the date on this? I can't see your date. This is the 26th of October. Oh, yeah. Oh, yeah, yeah, yeah. Let's be way down there. There we go. Okay, so go up just a little bit. Right, next one up, I think. Yeah, this one. Right there. Okay. Yeah. I just want to make sure that people don't get confused on the type of trading. When you do a presentation or just give a couple slides, sometimes you may not see the big picture because we're, in that particular case, trying to focus on a specific topic. Right? And for me, it was predominantly trying to show a market pulse DPI as the specific tool within the market pulse suite of options. And I just want to make sure, because you made a comment, I had a whole bunch of people DM me, and I don't want people to start trying to catch a falling knife. And sometimes it does look like maybe, you know, you're trying to catch a falling knife in some of the setups. But in general, I'm a first pullback type kind of guy. My pullbacks will either have to do with a Wycoff Spring breakout, right? Kind of like the examples that we've already been reviewing. It might be a setup that's on a 15 or a five minute setup that I have that coincides with something else. And in this particular case right here, right, you see the market open with a strong move up. And I was looking for a pullback after it kind of just did that first move up back into the EWAP there, the white line, to pick the continuation of the trend. So when I give my particular slides, though, and I zoom into that kind of stuff to show the market pulse VPI, you know, it might look like I'm catching a falling knife and just picking things purely off of a VPI, but I'm not. I'm using a lot of confluence to employ market pulse to find the specific entry in the area that I want to get into my trade. So in this particular case, right, I see it's a strong move up at the open. It's going to pull back somewhere to the V to the VPOC and then continue with the move up. I will use market pulse on that pullback to find the point of entry right into that trade. Now this is a blown, a zoom, a very zoomed out view. So you're not going to see my specific markers for getting in, but I just wanted to again use this overall as a highlight to show that I do use pullbacks as a predominant way of getting into trades. And I do have some deeply oversold or in sniping situations and consolidation moves. I will just use VPI to find a bottom to get a reversal pattern out of there. But zoom out just a little bit again and let's just see the move continue to go up. We come back and we test the VPOC and then we come back and test VPOC with VWAP there, which is that second arrow. And then we have that really big move up towards where I say use all the tools, including VPI to ID at top. Now in this particular example, I have a rotation that I use every day from a timing point of view. And so I was actually looking for a major 15 minute pullback here. So if you were just to take that one square shot image, it might look like I'm catching a falling knife, but I have some rules around that 15 minute time frame and some other indicators that are going to be there to find that low. But this is just another example of a very deep pullback, but it's a 15 minute pullback to do another continuation of the trend, which is up. So again, I'm just trying to highlight how I use market rotation timing with different points of confluence from price and price structure, whether it's VPOC, VWAP to try to get into trades. And you can see that after we made that balance up to that lower high, we have a double top now with an expected move into my clock's rotation to go down lower. We get an aggressive move down. And now I'm looking for a five minute pullback. So that's that green arrow right there moving up. And now I'm looking for an entry with VPI at that five minute pullback to go in the continuation of the trend. And you can see there's an M formation there, right? So somebody already, I think that Jack already talked about people use, I use M's and W's all the time. This just happens to be a very large M and you can see that we're going to have a break down below the lower price structure of that bottom of the M to take us down into a oversold condition. So in this case, after I sold the five minute pullback up, sold it down, now I'm actually looking for a consolidated move into a final low or sold condition. And you can see that we had a massive zone of liquidity right here. We consolidate around and then come back and buy and sell into that big liquidity zone. In which case this is the place where I am potentially catching a falling knife. Because in this case, I'm looking for a deeply oversold based off of parameters that I have to get into a massive move that will be, you know, 50 to 100 points. And the reason I really like the market pulse VPI particularly at specific lows or highs is I want to get in on moves that produce 100 points. And the NQ particularly can move, you know, 50, 70 to 100 points with no problem at all. So when you're going to pick a bottom like this, so I've done three trades or four trades already, an initial pullback off the opening range. I did two 15 minute pullbacks. I did a five minute pullback and now I'm doing a deeply oversold of all those trades. The only one where it's really potentially, in my opinion, catching the falling knife is this deeply oversold down here in the bottom right. And that's where it comes into both the art and the science of catching a trade. Now exit that real quick and let's go to one more slide from yesterday. So just go down to my chart. There's three of them in a row and these three right here. Yep. So start with the first one there just really quick because that's again an overview. And so what I like to do is I have my pre-market brief like I talked about in my webinar, right? And I want to be able to find market pulse trade entries and key price areas. Those are going to include liquidity zones and those are going to use what I call up my crashes clock, right? Pre-identified time rotations. So this green right here is a zoomed out view where at the open pre-market I draw on my chart where zones are that I think we have the potential to hit. So let's just say price opens up. I can't remember what it is. What's the price on the right there when we open up at 630? It's somewhere around, yeah, 16,600. Okay. So can somebody tell me what the daily ATR has been for the last 10 days on the NQ? Anybody have a rough idea? You can put it in the chat and nobody's typing. I'll just tell you. It's around 200 points, right? It's been fluctuating between like 195 and 210. So I look at where the market is for me, Pacific Standard Time, 6 o'clock. So 9 o'clock Eastern, right? 30 minutes for the market opens. I shrink the chart down and I draw in a 200-point range above and below where I think the market's about to open the liquidity zones. So I map liquidity zones before the market opens. And then on top of that, I mark significant price levels. A lot of people put the overnight highs, right? Overnight high, low, close. Our previous days, high, low, close. Map all those on there. Use a TPO chart and start getting some clues on where your bull bear line is, right? You have VWOP and DPOC put on here, but you probably need to put some other lines on your chart and know where those are. So in this example, if you scroll down on this particular slide, you'll see, no, just go lower time-wise. So you can see that in my particular style of trading, I'm not trying to sell my proprietary thing. I'm just letting you know I have a time frame. So you see that low, high, low there at the beginning and then another low, high up at the top right. I have predicted time frames where I am looking for measured moves to get into an entry. And in this particular case, we had the FOMC yesterday, right? So you can see right there that the FOMC shot right above the VWOP line. And if you look at the first pullback to enter the long trade in continuation of the trend, you can see in that pink box right there, right? We came up and we hit pre-identified liquidity zones and we have our first potential pullback to look into a continuation of the trend to move up into a higher liquidity zones or other prices that we are expecting from our pre-market research. So now look at the next slide. So that's kind of the big picture right there, right? So now go to slide number two. So what's the time on that right there? On that particular graph, we're looking at right after the market opened. So you could tell that from the graph that I had made their pre-market that I was expecting the opening range low or the opening range move to make a low and to reverse itself. So now I take pre-planned market liquidity zones that you see there at the timeframe where I expect an opening range move to reverse its direction just based off my experience. You can see the volume decreasing. You can see that we're coming down into two major pre-identified liquidity zones and now we have market pulse down there showing an entry location that I will then start to leg into a trade. Now I know a lot of people don't like to trade like this and that's okay. There's a thousand ways to skin a cat but what I'm doing is showing you how I am using market pulse tools to get in for big moves. And right here I give you two examples. One location where the CBD is co-joined with the market pulse spike and I say why not buy here? And the reason I don't buy on that left one even though it meets part of my criteria is I see the liquidity zones already below me. So I'm not going to go buy most of the time a VPI spike with a co-joined CBD unless I'm at a point of confluence with a couple other things and in this case my checklist has been met. Right above the screen there you can see my long criteria as I have my pre-identified timeframe. I have cell sweeps into cell stops. I have large cell volume down into the liquidity zone that I already pre-identified and now I'm capping it off with the market pulse VPI with the CBD adjoined all in my point of confluence and that's how I decide to leg in to my trade right there. Now if you look at that and kind of draw a picture in a more expanded view of your mind you're kind of getting a W here right. So now if you're not comfortable with buying that VPI spike down there the way I do I leg in then wait for the breakout of the top of this W kind of consolidation pattern at the bottom here yeah right where your mouse is right. Now you break above the consolidation W formation at Deepak now you get into the trade there or you leg in with just say I did three micros down at the bottom I'll do another three micros there when I break out of that W formation bounce it above Deepak and you can see that we went above Deepak we came down tested it one more time and then it was off to the races to go find the other liquidity zones that we see there and again this ties in with you know Tom V and other people's trades with mean reversion back to back to Deepak or VWAP and that's what occurred down here I had market pulse helped me identify the very specific entry I am looking for with a mean reversion back to Deepak VWAP and then other levels that I'll try to find okay let's just quickly quickly go to slide three and then we'll be done the next slide down that was seven o'clock in the morning now we're going to go to about an 11 o'clock time frame and on this example I am looking for a first pullback move so in the very first slide I showed you I showed you that pink square on a very zoomed out view where we had the FOMC reaction up to pre identified liquidity zones and in this case I am trying to find where I want to enter my first pullback into a continuation of the trend so a couple things I've been starting to play around with on this particular slide is looking at price change in addition to the VPI a little bit more and you can see if you let's just read the bottom part and then we'll have you go up to the to the middle consolidation zone there but you can see I have the price change line all the green tops staying above the zero price line right as identified in that square rectangle and you can see that price change is very strong above the zero line on that sub graph now you look at market pulse and CVD what are they doing in comparison to price change CVD is continuing to come down left to right to a low right we get a little bit of a larger cell of volume cell volume there in the middle right below VPOC and you can see where I say leg in where the market pulse VPI spike so joins with the CVD all right now go up just a little bit to the top of so you can see the consolidation zone there so you can see that we're coming in here hitting the left or the right side of two pre identified quiddity zones and then we have the larger bigger one right across the top and that that liquidity zone right across the top is right above a consolidation zone and you can see that this is a Wycoff spring action now what you see in here in addition to the Wycoff spring right you have a little peeky boo down at the bottom but you also have a bunch of cell sweeps right that are not driving price anywhere you're not getting big huge cell stop runs for those sweeps they're staying within the consolidation pattern you got the VPI spike you get the peek a boo now you decide where do you want to buy do you want to leg in on the spike of the VPI or do you want to use the right sided pivot rule where I have the peek a boo and then I have a bounce up to the top of the consolidation window it pulls back just a little bit but it makes a higher low you could leg in there depending on how you want to skin the cat or you can wait for the breakout of that consolidation zone right to get that impulse move that we've just seen and you know three or four examples above us where we get a Wycoff spring with an impulse move a pullback and then a continuation of the impulse move and that's basically what happens here right so for me I really really really like to use the VPI with the CVD and all those other things we just talked about because now look at where I'm getting in at a price I'm getting in down at the bottom of the consolidation zone and where is that price there to the right of the screen that's around 647 16,647 so I'm getting in around 647 if you bought the breakout you're up at 662 right so I'm getting 15 to 20 points more on my trade by using the market polls VPI in a very systematic way to get more points out of the trade now again this is not for everybody but if you're going to do it I say you test the water in SIM you just start off using a couple little micros in the NQ and you start to get a fuel for where you want to leg in on volume and you can see the volume down there the points where I say to leg in so you get the Bikibu bottom spike in a leg in there I get a volume spike with the higher low a leg in there I get the breakout right with some more volume I can leg in there and continue the trade now that particular leg where I bought in up to the first point before it actually gives you the pullback so you get the first impulse move that first impulse move was 65 points 65 points then you get the pullback right back into the top of the consolidation zone and you break back up again so you could have gotten out at the top at 65 points let it come back show you that it's making another W right here at the top of the consolidation zone never breaks it by that breakout and then it ran another 100 points so there's a lot of different ways to use the use the market pulse here in my opinion just using a few micros every single time but getting 20 30 40 50 points so okay you want to wait for the breakout impulse move first pullback whatever and you want to trade you know three three minis well I'd rather leg in three micros three micros three micros and carry it for 165 points because it's a very low stress trade for me because I'm not going in with huge size my leg in points so again everybody has to decide how they want to trade but that's just my view of a trade yesterday with the FOMC trade so hopefully that all made sense with staying in the continuation of trend for the majority of the time how I catch the pullbacks and then continue on with the move so any questions yeah any questions anybody see here the first trade was at seven six uh 57 o'clock my time so seven 10 o'clock in the morning the second trade which was the pullback after the FOMC was around 11 my time the civic standard if you if you go to the allen if you go to the chart in either blue jacket or book map academy you can look a little closer the times are down there at the bottom between the main graph and the sub graph just kind of hidden by some of the drawings there on the volume and you can see right that that is actually a zoomed out view because I have one minute ticks there so it's 11 11 o'clock 11 o'clock 11 o'clock 11 o'clock 11 o'clock 11 o'clock 11 o'clock so I agree with Jack and that you got to kind of get into the minutiae sometimes my personal technique I am constantly zooming in and out on book map because things do shift particularly in the sub graph if you're zoomed out on a 15 minute window the vpi spike and the cojoin cvd for example look a little bit differently than if you're on a on a one minute or a five minute time frame so you do have to play around with it and get used to the nuances of the visual representation of those market pulse indicators on different time frames and they will make a difference but this is on a you know a one minute chart right here so very easy to see the the specifics and that's what I do when I'm trying to catch it I get the big picture I zoom in and then I go down to a one minute time frame and now I'm picking my specific entry point with the market pulse vpi cvd and now looking a little bit more price change yeah so crash I had a couple questions because what was it I think you had presented and then the next day like maybe I think I jumped in and and during the all markets webinar and said like you know oh you know here's how you know crash is he had a great presentation yesterday this is what he's doing and then I wanted to cover a different way of looking at market pulse not with extreme readings in it but more of kind of like looking at an average you know when it's trending yeah yeah so so and I one of the reasons why I like I wanted to show that was because you know when you you had you covered it in detail in your webinar that you were looking for this host of confluences and then you know but it looks like you're kind of like really kind of throwing money at a falling knife and that's why it looks like you know you came in here and and and said no look I I'm looking at something very specific and it is a pullback in and up trend and you're you're still getting these like confluences that you're looking for in here or you know very high probability trades to reiterate that because like you know it looks like that you know it's like oh my god and why would I ever buy there but you know you have these specific things you're looking for and you know you're in an uptrend and that that makes a big distinction yeah and I think you did fair justice by what you tried to say during the webinar because I don't want people to just go around trying to catch falling knife you know or shooting star with with market pulse VPI either it just kind of I think what ended up happening was I gave so many examples where it looked like that and we didn't have it in the context of the bigger picture you know pullbacks and stuff because I didn't really show it from that angle I was just showing the microcosmic view of what it looks like when I enter in a trade with market pulse so I do think it probably came across as I'm bottom fishing right catching falling knives so that's why now and in that first slide that I did after the webinar I want to show the big picture where I'm looking for the pullbacks to catch the continuation of the trade and then I zoom in and when you zoom in it could to some people who don't understand this or haven't studied it for the hours that some of us have that it maybe still looks like it's you know catching a falling knife but you know I've I've posted dozens and dozens of these trades now inside of the blue jacket competition and the book map academy channel and I think if you go and really study their criteria it's not that hard and if you have several points of confluence it's really not catching them a falling knife most of the time you know you could look at today for example where we had that real massive move down at two o'clock today you know I did a trade on that and you know that's like catching a falling knife but you know you had other points of confluence like Pibonacci levels you had an S1 level you had several other things that that led you to believe you had gap fill locations so there's a lot of things I use in confluence and so you know I know a lot of people want to keep it very basic and just look at book map to make trades and again book map is my favorite trick of the trade right this is my favorite in the toolbox but I am never going to tell anybody to be a one-trick pony I don't want to just use book map I don't want to just use a one-minute chart I want to use a 10-4 ranko chart I want to use different price levels I do want to use some indicators I love Pibonacci I'm very very very very successful with Pibonacci's and liquidity zones with market pulse I mean those things match so well together it's it's it's unbelievable so you know I would say master multiple tools to use the fine points of confluence with book map and all it does is make you ring the register every day by doing that so get good at a couple different things couple different trades couple different indicators or prices or whatever you want to do Wycoff spring models here you know there's a lot of things you can do I mean you can sit here and say I'm not really catching a falling knife here because here's a perfect example of a spring action during the pullback so we had the climb from left to right off of the FOMC into major structure of liquidity that we pre-identified now we have a consolidation zone I'm just finding the low with market pulse in this consolidation point to find my long entry in the continuation of the trend so a lot of different things you can use to put together right it's a treasure map follow the yellow brick road Dorothy all right all right well uh yeah that sounds fantastic crash I have no other comments I don't know if Jack or Stan or anyone else has any comments in here or last questions we can wrap it up looks like uh Steven is uh writing all right Alan if you can mute I think you got some music on oh sorry let's go all right all right well thank you I like to have this new setting just put the music on every day six just quick question to crash like what gave you the confidence to uh enter f4mc just like five minutes into it because like the scares the crap out of me like it just moves so fast but then and then like when you look at it like in the in the big picture I always like kick myself like you see but but I'm always paranoid of it because like at any second it can just pull like blow up right back in your face yeah well I'm going to answer a question with asking a question do you trade every day and how much do you watch the markets so for example in the last four weeks longer than that actually but let's just say in the last four weeks for almost every news event where has price gone yeah right it's it's bad news goes up good news goes up it doesn't matter they are wanting to give us Christmas rally right they're they the bed wants to look good he doesn't want things to look bad on his watch so in my opinion the prop in the market up and so number one I'm just looking at the last couple of weeks of news events every single time there's news it jams up goes up yeah yeah right and so you got a lot of things when you looked at the price liquidity zones my slide number one I had more liquidity zones at the opening range the pre-market studying that I did I had more liquidity zones above me than I did below me so that makes me have another feeling that it wants to go up and tag those liquidity zones well what which liquidity zones did you study if you looked at slide one that I had had gone over with Bruce here you know I I like from day before and before yeah you see all this right I like again like I said I look at where I think price is going to open and then I go a plus or minus you know 150 200 points above and below the market and try to draw or you know either on this chart or another chart right down where the liquidity zones are to get a feel for where the market might want to go during the day during the full what do you do your rotation what do you base what do you base that on like previous day or ATR ATR yeah if you go on a daily chart okay and you type in and you put in the indicator for ATR and you use like a moving average it'll show you that it's you know roughly 200 points daily move top to bottom for you still can't put that on on bookmaps right no well if when you open up is that in the works is that one day impossible no not now when you open up bookmap you can say look back 24 hours and load historical data right I use like fingers yeah okay yeah right yeah 24 hours yeah I'm familiar with that okay so that's what I do I go back 24 hours and then I zoom out and I zoom in and I physically write down or draw where liquidity zones are so like I have a one minute chart so whatever I see on because I don't trade through the book map platform so I trade on Sierra chart on another chart and I take the liquidity zones that I see on book map and I actually draw them on my one minute chart so all day long I'm looking back and forth between the book map chart and my trading charts and and and and look at it in that way we're going to do right so you do it on a daily basis not just because it was FOMC you just use that maybe a little bit more but that's more that's what you do every day I do this every single day exact same thing every single day yeah so for FOMC it was also part of intuition like like yeah it's a market reaction right I mean market market gives you a tell right you get a lot of volume break out I mean look to the left on this particular example well show both right show that scroll to the right just a little bit so we can see the most recent highs there so that label of high okay so pre FOMC right we trend down pre market left to right from where it says that high down to the FOMC spot which is that big spike there FOMC spike takes it right into all those liquidity zones and it breaks the most recent highs so now you've broken the most recent highs hitting the the right side of these liquidity zones with more liquidity zones above you with the historical you know I just like to support the communications I'll have a thing the price is jamming up so now now I'm telling myself well I broke above VWAP and I'm skirting the sides of liquidity and I broke out above the most recent high I'm going to look for the first pullback that first pullback guess where it comes it comes down and lands right above liquidity zones we just busted through right so it's it's just putting all the pieces together to buy that pullback right there and you draw these empty boxes on on book map itself like or are you doing on a separate like no I actually am drawing him on my one minute chart when I'm explaining to people like for these webinars I'll take a screenshot of the it because for me the drawing tools are a little too cumbersome on book map so I can't do it quite as quick or precise so I'd rather just do it on a one minute chart make it simple and then when I debrief like what I'm doing now I'll take a screenshot of the book map page and I'll draw like what you see here on it right okay I'll take a brief of the purposes all right make sense all right appreciate it thank you thanks a lot I appreciate it all right well yeah Crass would love to get you trading on book map but like anyway I'm working on you on that I just think you're gonna find it easier but when you have when you have the that all all of the kind of composite view there in front of you I find it easier put it that way but anyway thanks crash that was great great stuff so I think yeah we gotta we gotta wrap it up here thanks everybody for for all your patience sticking with it here it's just I want to keep this at an at an hour but we'll we'll just have to be quicker in some of these things and go over less images I think but we'll do that if we go over it weekly you know maybe starting to the in the new year so yeah thanks everybody for coming and we will catch up with you next time all right have a good evening well bye bye thank you