 Good morning, guys. You're going to be in YouTube, land, bang on, so enjoy the disclaimer. All right, good morning. Happy Thursday. I think going on in equities at the moment. Just sitting at highs, pretty much. Not highs, highs, but recent highs. Number just came out on home sales, no reaction to that. Just waiting for my driver, which are some Stop Iceberg events in important areas. You can see obviously this was a major multi-week breakout of this balance and built more balance, retested it in high volume note yesterday and gapped up here today into this smaller balance from yesterday. We have an opinion here as far as a thesis. I'm a day trader, I'll trade both ways, depending on the SI setups and how it reacts to the Stop Iceberg setups. But as far as we talk about all the time coming up with a thesis and if the volume events start coming in and match your thesis, then you can trade those bigger, bigger size in that direction. But right here, I don't really have an opinion. If this were to get back through here, then I would probably trade bigger size of the upside on a field. Obviously, when we talk about matching up timeframes, so obviously the bigger timeframe is bullish, the intermediate timeframe is bullish, and then if this were to get through here, this is more short-term. So you'd have all three timeframes aligned and you could trade bigger to the upside. Right now, short-term, it's still bearish as far as how it reacted to this breakdown of this balance yesterday. So basically whatever happens here, the next event and how it reacts to it is going to tell me which way I could trade. I would not trade short, bigger size up here. There's nothing telling me, but possibly if it doesn't get through that high-viote note of that balance area, I would possibly do that. But I'm still not bearish, but I think it would probably come down and retest this. So I would say this puppy is the line in the sand as far as we come back down here. If it can get through there, then you may get a meaningful pullback. But that will probably never happen in our lifetimes, so it'll probably just keep going straight up every day, nonsensically, and that's why I always cheer for the markets to go to zero because it makes no sense. All right, another market that I'm watching, major breakout crude. You can see here, I'm talking about this thing for days. Everything's fractal. You can see bigger balances. The bigger balance is basically that guy, multi-week there. The other one here is not small, it's still multi-week, but a balance within a balance broke out of that. Then you built more balance here, and you built more balance here, and now you're breaking out of everything. So, big put, you know, put up what the time frames. Big picture, bullish, intermediate, bullish. And then when you go on a short-term, I mean, a short-term time frame is not usually a day, it's usually like five minutes, so this is where if you start getting, you know, this is all fractal, so when you can have balance areas on these five-minute charts, you're right, and if we start breaking out of those, then that's agreeing too, so like right now, again, this is five minutes, this is obviously not as strong as a, you know, weekly or daily outwardly chart, but the point is, I mean, this is overnight stuff, but if I were just to look at that, that looks like a fail breakdown, that's bullish, then you have a little balance right before the open, that's bullish. Another balance just broke out of there, just retesting, but that's bullish, so you got all these time frames that are lined up, so if I get bullish setups, which this potentially can be, these did have some activity here, I will trade double size, two-time size to the upside because that is fitting my thesis for the structure, and then I have other things I look at to come up with a thesis. I go over every webinar, so these are lovely levels, use them extensively, they're incredible, support and resistance, how they react, and when they build new ones, how they react there too, so you can see this one had the energy to build the new ones, the conditions, whatever they are, it's proprietary for her. I usually don't add things into my trading, then I don't know how they work, but I learned a long time ago that I don't need to question these things and know how they work, I just know they work, so the analogy I always use is, you walk into a room and you need light, take the light bulb out and dissect the light and figure out why the light turns on, you just turn the light on, let's say with this, I don't need to know what her ingredients are for these things, all I know is the market reacts to them ridiculously, so again you can use them for targets, you can use them for resistance support, you can use them when they try new lugs, so again when this drew into a set of lugs, this should have, so we talk about how it should react, so if this is truly bullish at the time, it should hold prior red directionally yellow, if it can't then you expect blue, a lot of times so that should have done that, that it didn't and it gets back above yellow, now you really think it's going to red, right, so we'll talk about these if-then scenarios and if they don't happen you expect bigger moves the other way, but so this is aligned bullish, so that just to add to my bullish thesis, then this is a market profile composite, this thing, so these are just days merged, actually I need to merge these two days as well, so this is its own, so all this is, I just use market profile in a very basic sense, that's how I like to trade, very basic, straightforward stuff, the value areas for multiple days, two or more days overlap, then I merge the value area, which is just 70% of the trade occurred in those days, and I come up with a composite and then you can really come up with areas to trade off of when it returns to these areas or just like the lugs, the way it responds to these areas can give you a thesis, so this obviously gapped up, this is merged with this gapped up into this thing today, when it gets into a market profile composite, you expect it should go to the other side, so that's bullish, doesn't mean it always does, but that gives you information too, right, so we just talked about when something should happen, so this should get to the side, the other side of this, if this were to fail and get out of here, wouldn't tell you something's up, then I would expect bigger moves the other way, inside here, building balance inside here, I'd expect it to get to the other side, minimum, so I'd be looking, if I do get long here off of these setups, it just occurred, that would be one area I'd be looking to get out, and obviously the lugs up here, this is the first area, 77, and the next area, this is 7750, so that's how I break down markets, that's what you need to be doing every day, you need to be getting bigger pictures of what things are doing, why they're doing it, and important areas, and then you have all that in your head, so when stuff starts firing off, you're not scrambling to figure out what you should be doing, so right here you can see algos are just running the show right now, actually I could make sure, so we'll get into this price change algo, which is pretty incredible, this market pulse stuff that they keep adding to, so market pulse is just basically, so this was, I still use tick strike every day, so market pulse is basically tick strike on steroids, so this is tick strike here, and this will tell me, I'm watching obviously the Fang or Mag7, whatever they call it these days, the stocks that are highest weighted in the end of season, that you can see the futures here, so all this is is a gauge, you can see the gauge here, so you can set this to whatever you want before it starts to make sound and light up between 1 and 15, at a 13, right, 15s max, so it's just an algo that's telling you the speed of the orders coming in and the size of the orders and then it judges, so it just alerts you to the activity, right, so market pulse is basically this on steroids, right, and then you have all these different options, we'll get into this, we'll get into market pulse in the webinar, but we'll talk about this price change, it's one of the options, it's pretty incredible as far as you can see what is driving these markets when nothing's going on, and that's 80, 90% of the time, algos are just flip-flopping traders back and forth, when you start to look at this stuff, you can really see why the market does these rotations, right, one of the reasons, there's many algos out there, but this price change algo is pretty ridiculous and we'll try to use this today if we do put a trade on, hold on one second, hold on one second, hold on one second, so we'll look at this, and when you can start to understand what's driving these markets, it doesn't drive you crazy and then you don't start to take, I've always been, I've worked on it extensively, I've always been one of those traders that thinks the market's against me, right, it's just human nature, when you get ticked out, you're going to put on a trade and you get filled with a tick and it does that, and if you didn't touch that tick, you would never have been in, you can really understand what's driving these markets and at least keep your sanity is what I'm saying, so anyway, here are a couple stop runs I fired off, this one has proven to be a stop and hold, so I have six distinct setups that I trade off of this, as I indicated here, let's just turn this stuff off for now so we can see what's going on down here, put this in the room before I forget to, I'll put it in YouTube, I do it every week, install my information here, this is still going, the Andrew guy thought it was off the beta testing mode, so you go to book map this just tells you what to do, you got to contact this guy in the book map discord, and you get this zone drawing tool that's in beta mode right now, it's still working out some kinks, that's why it's in beta mode, so if you're going to use it, just expect there's going to be some, I have a few products right now that are not dry in the zone, of course, that goes over my setups as I'm trying to bring up here, so I can at least cover these setups one second, let me post this from what I'm doing, Jim says you look like you're not UTTH on your composites, now I just use regular trading hours for my composites and for my bar charts, I want to see the daily stuff, you can, it's up to obviously personal preference, but that's how I like to look at it, we'll get into that stuff too, and see there's some, looks like there might be some activity here, maybe put a trade on, that'd be great, so this is what I was talking about, I know I show this every week, but there's always new traders on there, so this is the course that goes over my whole trading methodology on how I trade, so it goes over setting everything up and then the thresholds for each market that are meaningful, volume thresholds, SI indicator thresholds that are tradable areas will go over all of this, so this is what I was getting at here, and the dry in the zone is very important, so this starts out basic how I was pretty much doing it the wrong way in the beginning, and then it kind of progresses to how we're doing it now that's 100% accurate pretty much, and anyway, this is what I was talking about, so these are my setups, so the stop and hold is one of the six distinct setups that I'm using, and I'm going to be at another one here soon, I'm just trying to get more data on it, but they're all funny names, memorable names, so anyway, this was a stop and hold stop run that held, usually stop runs are just pukes, retail trader pukes, so for instance I'm short gold here, I forgot about this trade I've been sitting in it for two hours, I played a dumb and dumber off of that stop run when that failed, so usually stop runs are pukes, traders puking oppositions, retail traders puking oppositions, there are times where you get the puk, well, you'll get the stop run and then the big money comes behind it and it continues higher, so that's why we have distinct subs and I judge how the markets react to these areas to figure out if they're bullish or bearish, so if this were to... so it'd be nice ice for guys yes, 200 to contracts, like right now I don't know what this is until I can push an ATR out of your the five minute wilders out of your stream it's just from watching thousands and thousands of these I've determined how to read these, whether they're bullish or bearish so we'll look at the spreadsheet that you guys can have access to as well, how I plug this information in so I plug the zone in and then we'll look at this and then it shows me the ATR but right now this is a bullish setup this did get the ATR above if this comes back retest and gets back out of here I will take along off of this setup then take along off that setup too so I will always moving to the most recent setup for my trading but as long as this newest one doesn't violate to the downside an ATR I can still trade off of that, if this does well then this is a bearish setup and I can't go long off of that, see what I'm saying so we'll go over this as this happens but I have both these zones in here so for this original zone we'll go over to the spreadsheet again it's in the document so you get access to the spreadsheet in these inflection zones that you see on this chart so all these zones are extremely powerful, you get access to those in my trade room for free if you can't get in the trade room you can go to the scoppelscenetrader.org site and you can get a subscription to these things if you can't get in the trade room you can get the spreadsheet and or the inflection zones so anyway so that is the most recent event I believe that was the first event so let's just go to the first event so that was the zone 42 to 39 right on there 42 to 39 and the zone jar drew that on its own, which is what it's supposed to do then you put in the current ATR so the ATR at the time was 13.8 right now it's 14.5 it just means it's rotating about 15 ticks every 5 minutes it's very important to figure out what the volatility is in the market that you're trading if this market was able to move to this price that's an ATR that shows me that that setup is bullish right so 57 was the price I was looking for it obviously got through 57 so now this is the routine we actually have a trade for this type of trade where it comes back to the volume but this happens all the time so for the trading strategies that I'm looking at I'm looking for ATR that was the ATR that I just showed that 57 a retest of the volume event and if it moves back out of here I can take a long pretend this one's not here, I'm just talking about this one so then that leads me to these these are the trading strategies and I'm trading so I have different strategies that I'm looking at so I'm sure we'll put on something that isn't here today at some point but for right now I'm looking at a bark trade blind ATR, we saw the ATR retest confirm the lick trade is basically the same thing but I'm trading for the liquidity and we know these liquidity areas are magnets so you can see I'm talking long term liquidity that's been in here for a while not algo liquidity that's just in and out of the market like this stuff right here that's driving the traders crazy alright so anyway here's your retest so I potentially can go long off of that first one as long as this doesn't prove to be bearish and that's looking like it may be bearish so how do I know that well I plug this new zone in the spreadsheet I have that other spreadsheet so this is the spreadsheet you guys get if you subscribe and in the trade room now actually I'm moving everyone to this one so that's the newest zone so to validate as it's short it needs to touch 29 and it's the same price here to invalidate the long so if this touches 39 this is a bearish setup and it's just that right so the whole idea that I had actually going long off of this one is DQ disqualified because now this is bearish so can I trade this, can I trade it short so we've just talked about this entire first part of this webinar how bullish group does that mean I don't take bearish setups no, if they're an important area and I get one of my trading strategies I'll take it short it will not be double size but I'm full aware of that market's rotate so I could potentially make a profit off of that bearish setup which I would take if it's an important area I'm not seeing any areas for me to go short here so it's not an inflection zone so if that volume event happened in this zone I would give it a shot and take it short especially at the top of this bigger balance but that's not happening so there's nothing up here as far as my important areas that I would take it short off of this particular event so that's the one thing I look at in the other areas would be the lugs and the market profile I don't see nothing here where I get it so market profile we call it a pick trade profiles encourage it's a funny name named after John F. Kennedy's book market profiles, profiles encourage so anyway if the volume event happened up there I would potentially take a pick but it's right smack dab in the middle of this so there's nothing for me here if it happened say that volume event happened near the red lug resistance lug, lug width level I would take it short up there I would take this trade you could be looking at something different this could be like the 200 day moving average or you can even say I love to trade extreme standard deviation of EWAP so this is 2.5 standard deviations so this is one standard deviation that's called daily value area 1.5-2 so you may love taking trades when it's extended because these algos do kick in in these areas I highly recommend in anything you're looking at so it could be that it could be a Fibonacci level whatever you deem important right these are there what I show you guys what I use that's what I think is important it doesn't mean you need like in this document all this stuff that I use you don't have to have this stuff this is stuff that I use pick and choose if you think it's important or not but the point is if you had something up here like I say it was a 200 day moving average then and you get the volume event you could take that trade right so the whole point is using stuff that you deem important and then waiting for a real time event in that area with the rules to take the trade that's the edge right I'm sure I'll go on these rants I'll go on this rant sometime today probably multiple times so that is getting into this talk about it every week pretty much every day we're in a trade and edge like a casino so you have your areas you have the volume event and now you have your rules so we have the rules around the volume events and important areas that's it very simplistic follow the rules you have an edge right and when you have an edge you continue to take the trade so a perfect example a good trader in my trade room got a verbal lashing yesterday so I give verbal lashings all the time if you remember my trade rooms it's like tough love right so they're meant to be funny and memorable right so you are getting called out on poor trading making bad decisions so it kind of looked like this yesterday in Nasdaq I'll call him his nice name today until he starts screwing me over I don't think I have a screenshot of it but it was something like what crude looks like right so I'll show you on here he was trading nizzy trading inflection zone trading so he was looking for a volume event in this zone which he got there was multiple I got him too so the first one was at the open took it bounced off the blue log that was this yesterday I didn't get out of the full which I that was a mistake I made I didn't get out of my full full contract because I'm always cheering for this thing to get killed and I paid the price because it came all the way back when I'm trying to figure out which one this was I think it was this one yeah so that was so this move at the time stopped her napping up here and that was that inflection zone I just showed you I got short right to the blue log at the time I got up half when a markets in an extreme state like these are extreme bullish states any important area you should be getting out of all of them you shouldn't be screwing around I was just wishful thinking anyway I got it half and then the other half came back and stopped me out but anyway then it came back there was another stop run I took that one that one ended up losing was in that inflection zone and then there was one at the very high right and he put I'll even show you just because the thing is about this trader he actually follows the rules very well he's very diligent in his trading and following the rules but he just goes to show you even traders like me that have been doing this for 25 years many times can make mistakes especially the recency bias or you're afraid to put on a trade so I'll show you his post but he had the first stop run that I caught put in the room the second one lost then there was another one and it was in this zone it was up here he didn't take that one why because I think he took like two losers one or two losers and then he basically became afraid because took a loss took a loss that is the whole point if you're trading an edge in a system you keep taking the trade yeah if you if you hit your loss limit for the day then you're done but you're not hit your loss limit you're not skipping trades because you think something's gonna happen so he doesn't take this one and it turned out to be a 200 point winner right so you don't know what's going to happen next I keep telling that's all I ever say this is straight out of trading in the zone right right in here one of the five truths anything can happen you don't need to know it's gonna happen next in order to make money nor do you if you knew it was gonna happen next then you just put on your net worth on the next trade it's the huge winner and then you're I always say you're on the island with Billy Ray Valentine and Winthorpe from trading places right you don't know what's gonna happen next so how could you skip that trade if you don't know it's gonna that's what you gotta always tell yourself I don't know what's gonna happen next I don't know what's gonna happen next I do know if it's my rules for the trade I'm putting the trade on right so anyway he didn't put it on we'll go over his little chap sure he loves this but again that's gonna be my rule for him that he's not gonna make the mistake again let's go find him and I actually missed the trade it was I didn't I took the loser right before that and then my daughter called in sick or from school I'd go get her so I missed the trade here we go this is for a whole last year that he had coming so when I got back to my desk I saw he posted this right here he said or this post by Dr. Brett too anyway I can't find it but I see my response here I said he was saying how he lost right here I got stopped out by NQ so that was that one before the stop run before the last one right he said I got stopped out by four points and then I was looking and it was the next stop run was at the highs in the zone and I said did you take did you take the easy short at the highs and then he said not the exact stop at the highs two events before and then I was like well why not if you took those why didn't you take the third one and basically he just admitted it right here asking myself the same thing sort of froze thinking maybe it should I should take it conservatively so this is this is a perfect example so this guy is a pretty seasoned trader right and he basically was afraid he was afraid to take that next trade and then the next trade turned out to be a 200 point winner that's the point if you have an edge you operate like a casino casinos don't shut down the whole game because one trader one one trick one trader one blackjack player comes in and waxes them yeah they'll do stuff to like divert that dude but overall they don't shut down their their entire operation right because they know they have the edge they know math is going to work out for them in their favor right so that's what this is all about this is directly at it trading in the zone get it you're just looking for an edge that puts the odds it's a success in your favor trading their program manner the five fundamental truths that's these right and then you have your rules and you put the trade on that's it I know I go over that round every week but it's good to hear right and I I say every morning you should be reading this that why I used to say it should be tattooed your forehead but you don't really have to do that but you should be reading it every morning just to reiterate like you don't know what's going to happen next if you have a trade you have your rules put the trade on we have rules around that is the great thing about my room and what I'm doing is you don't have to question whether you have an edge or not this I've been watching these things for seven years now right and trading thousands and thousands and thousands this is the edges the best edge I've ever seen bar none right so if you know you have the edge now it's up to you to apply the edge so another example I use right a couple of the guys in my room were struggling with more over that holiday period I think they're doing better now and then I have another guy that's doing the same stuff his name's Lance he's okay if I talk about it I mentioned him a little bit in here once a while he made a million and a half dollars last year doing this exact stuff following the rules right so how could one guy look at it and be struggling another guy makes a million and a half dollars well it's obviously something internal so that's the point Lance in the room and we make a joke I'm not going to go over all the time he says it but you have all these because he's very accessible traders are always contacting him like how do you do it how do you and all he ever says is I follow the rules I follow the rules I follow the rule that's it so we have the rules for the edge follow the rules right it's when you get in your own way kind of like you saw a mouthwash yesterday he didn't follow the rules he missed a 200 point winner that shit adds up pardon my language over a year you keep missing 200 point trades it's going to affect your bottom line right so that's the point alright that's my rant for today so far so this gold trade it's mildly working just absolutely tortured in this thing for two hours so some areas I'd be looking to get out here so this trade was this event so we've been talking about this this was a nizzy trade my important area my inflection zone right here at the time net gas ice iceberg sell ng 164 contracts we might look at net gas too number just came out anyway the volume of what was there and I took the trade aggressively hey we got something 162 contracts so anyway I'm short gold been short gold and I'm going to look to see an area where I can get out and I'm wide over Mr. Nasback not going to get out of all of them but I look so we're at VWAP I don't usually get out of VWAP by itself I did earlier I did like a scalp we'll go over the price change stuff I was talking about but I got out of a couple there I had it back on so I'm still short full size anyway I don't see anywhere to get out here I take that back I could be getting out of some here if it can't push through so I don't get out of VWAP by itself but if it's confluence something you can see it's confluent with the point of control of that and actually the single day yesterday and this deposit this is an area and this is why this bounced earlier here because that's the same area so and you also want to make note of where markets are responding so you know this are responding here so if this starts to move back out of here I'm going to get out of like a quarter of my trade I got ten on I'll get out of four of them or three of them because you got VWAP confluent with this this pushes right here through here and this is where you can use tick strike and market pulse and these sweeps to decide hey are sellers really engaging here I don't have to get out let's see what happens right so I'll try to keep an eye on this I just don't want to miss this here I'm going to get out a couple here just because I'm going to go to Nasdaq and I do this all the time and then I forget about it and then I'll look at its 200 ticks back up in my face and let me just get out of so I got out of three out of ten there so this could push through here like you see these sellers are engaging some of these were stops but keep an eye on that I got out of three regardless let's head over to Mr. Nasdaq his own drawer is working in here today that's good it's not working in Russell or gold for me it's been kind of independent it's not like across the board so I'm not sure what is why it's not working on my screens of the developer who's in my trade room and he's working on it so that's why it's in beta like I said let's make sure this is accurate where this stop runs started most likely it didn't start there because it's price already traded and you can see the sweeps coming in sweeps get first right to the order book and then the stops coming in after so you never know where the stops really are on the sweeps you just got to basically base one of six and keep 150 contracts it obviously wasn't there or there because that price traded so I think it's up one tick here so let's just move this up so it looks like 17702 quarter and then you follow this price spike down here I mean the that price spike actually this was well that was only 40 and then this is where got to threshold so it started it's only 20 and then it really picks up over here that got to 162 now you could just drop to the threshold area but there are other stops over here too I'm not going to bring it all the way down but I think it's okay anyway it looks like got down to there see if more came in just following this spike on here pretty much a flat line so I think it got down to 93 quarter I don't think it did you could see it in the sweeps indicator too which you want part of global plus net gas ice iceberg by NT 151 contracts net gas is going crazy did I say 93 I can't remember what I said that looks right oh two quarter to 693 so you go to your spreadsheet this is my process right now it's back 1760 or was it 702, 702 that's wishful thinking on my part these markets go to zero 693 so you plug that in whoops dummy alert putting your current ATR 23.24 now this gives me my values I'm more how I know if this is a bullish or bearish setup right look at that here and then we're going to look at the area we're at and see if it's an important area see what kind of trading strategies I can put on here this is not surprising at all I don't know if that was an ATR but right back to the zone we actually have a trade for that exact occurrence happens nonstop so if this market hits 6975 this is a bearish setup did not get close here based on the current ATR so I don't know what this is yet so let's just see where we're at for the different type of trade strategies I can put up that's a shocker right there bumps right off the red lug I don't know if you guys that use a lug if you've ever seen this before it only happens nonstop anyway there you go that's why I use them there was nothing up here I would have taken a slug up there but there was nothing up there anyway I'm not seeing much here as far as lugs where I would take a trade for particular strategies right we have all these different strategies that we trade there's many more to come but these are the ones I'm currently using market profile there's nothing here this is just a single day smack dab in the middle yesterday so nothing there so then the other thing I look for is now I can trade the aggressive trades meaning they're nonstop and it doesn't matter what area you're in are the barks and the licks right these are less percentage winning percentage smaller it's not smaller I can't think of the word winning percentages are not as high just because they're so often in the middle of nowhere right if you really want great places to trade then you pick your really important areas that we were talking about these in themselves are an edge so I'll still trade them because I know like to say this is the most the strongest thing I've ever seen in my future's career as far as edge so I'll trade these blindly no matter where we're at depending on I just have one I used to trade them blindly no matter what that's why they're called blind ATR retest like this is called the bark but I do demand algo guy so this is an exponential moving average I demand that this isn't the direction of the trade that I'm going to take it so for instance I put this in every week by the way with this that describes this thing if you guys need one again let me know I'll put it in the YouTube anyway this is the short term exponential moving average this is the long term and these are just bands these are just different time periods right so if the blue is above the red it's bullish if the blue is below the red it's bearish so you can see even today I tried to pull below couldn't do it cross back above and then you get these algos that take the crosses so there's algos that trade off of this algos that trade off of a ton of things but this is one of the things that they a lot of these algos trade off of so anyway this is currently bullish because the blue is still above the red hasn't crossed back down so what does that mean it means I can only take if I'm going to take bark and lick trades I can only take bark and lick trades long right so if this happens which it probably will so whatever does is go up I'll take the ATR retest confirm long bark and then see if there's liquidity up here I'm not seeing any long term liquidity so there's liquidity down here we always talk about all this stuff's magnets because this is the big money and the big money gets what they want you can see it came down here a little bit ago and these algos ran away from it but the point is there is liquidity down here there's no liquidity up here so for instance say something came up here and later on in the afternoon I could put on potentially lick trade short to that so it's very likely going to tag this doesn't mean it's going to happen right now so anyway all I can really do is put on a bark trade I did forget to see if we had an easy trade here let's see so no so I mean there's really nothing for me to do on the short side as far as aggressive trades that set up happen right there so all I'm really looking at for this for me for me for what I look at is to go along off of this event if this turns out to be a bearish event I can't go short because algo guy is not my favorite that's my my filter alright so let's see what that price is stay on top of your ATR it's 23.71 now and we're going to have with this drawing tool hopefully soon where it automatically plugs in the values for you so it not only draws the zone it'll plug the values in and the spreadsheet with the current ATR and the ATR will keep updating and then he's got in the hopper for certain platforms like Ninja Trader it'll actually it'll plot where the ATRs are like the one ATR the two ATR the three ATR for the reversion trade that we take to so there's a lot coming down the line alright maybe we'll head over to here a little bit but anyway to make this a bullish setup needs to touch a validation price the one ATR validation price 726 so if it touches 726 which it's about to do this is officially a bullish event right then there's a couple different trade the trade position trade that I will take the ATR retest confirm I'll go along when it does that routine that pattern because I that's the pattern that I demand for this particular trading strategy the other trade that you can take it's more a scalpers type trade or the reversion trade so we have a one ATR reversion trade a two a three right some days the ones are just nonstop they actually lance the one that's made that million and a half is like main trade is the one ATR some people that's very you know they're nonstop and it's very aggressive you may want to wait for the two ATRs or the three because we're you know actually in talks with a trading firm to get this all automated so we'll have exact stats for it soon I hope but you know I always get the questions which ones do you take do you take the one do you take the two do you take the three I don't know right some days the ones work great some days the ones get killed the twos work some days the ones that the twos get work great the threes all I know is it's 70% or more from my watching thousands of these that it'll come back to this zone right you just don't know how far it's going to go the sweet spot is usually ones twos and threes right so that's what you have to decide how you're going to trade these there's other mechanisms to figure out which we're adding like the price change out though I guarantee there was one up here right so if you see we'll get into this price change out because it's ridiculous I've already been talking about it boosted a webinar on it and I watched it I know watched it for a couple weeks now and it's ridiculous because this is this is where these elbows when nothing's going on they snap it back anyway my point is if you get a price change out goes spike at the one ATR you can say okay there it is I'm going to take the one ATR here so you didn't get the spike until it got to the two ATR then okay I'm going to take the two ATR because not only do you have the elbows that bring it back to the event now you have the price change elbows working with you too see what I'm saying so anyway the one ATR here this is all part of the spreadsheet too down here I would have been sure I don't take these ATR trades I almost never take them on the webinars they're just they're too labor intensive right because it's a scalp 2350 that's my stop and I'm out at 450 so I would have been at 2350 that would have taken one maybe a point above there and now all the trade is literally here's one ATR waiting for the 450 in front of the zone I'm out just barely in front of the zone it's a tenth of an ATR in front of the zone so 450 I'd be out of the trade so that hasn't filled yet and then my stop is up there and then you do the same for the two and the three all those values are in there and it's all based on the zone that you plug in it's all based on the zone right so if you took the one my trader whoever took it's in it and I'm talking about it so I'm probably jinxing it but you know if this gets run over and you still got the two and you potentially got the three so we'll kind of watch this price change too maybe I'll you know if it's dead it's pretty dead anyway maybe I'll take one of these based on this but it's just hard for me to keep track of anyway that's the reversion trade what I was talking about first was a position trade I'm still waiting for the official price I think what was that price that's back up here this part of the spreadsheet for position trading 26 so this still has not touched oh wait maybe it did right there missed it by two ticks so you could say hey it's close enough I got the ATR I got the retest I'm going long if you're an algo that's not the conditions to go long yet right so if you want to beat the algo you got to trade like an algo so I'm waiting for 26 then if it does that that that I'm putting on that long position trade but if you took the one ATR it's trying to get back there that's all it ever does speaking of which I did get out of a third of gold here and that proved to be the exact spot as the torture treatment continues here so let's see is that a price change I'll go there too I probably should have got a couple more yep of course so again I keep saying we're going to go over this we'll go over it but this is we just talked about this in my trade room today if you get an important area that you're already even important and you're getting a price change spike you already know the price change is probably going to spike it off there anyway get out of some I should have got some more I just didn't have this up right I did it earlier I didn't do it on this one so that was the area that we were looking at this is why I pay myself again trading in the zone where is that pup yet everyday over it up here I pay myself as the money makes money as the market makes money available to me right that one was at the time market profile composite POC confluent with VWIP there it's all right here this has not changed in over a year of my areas that I consistently cover some of my trade not all of them I got out of some I should have got it more if I saw the price changes like I said but that was this we already went over this VWIP went in control that's where it was that's why I got out I should have got a couple more but it is what it is and I just continue my torture treatment on that that's that hey look at that wow is that the 1ATR retest right back to that zone first time for everything so I didn't jinx it but that one the 1ATR worked the scalp 1ATR is what I'm talking about we still didn't get it I still don't know what the setup is for my position trading I never got an ATR above I never got the ATR below so I can you know I still don't know whether it's a bullish or bear setup these price change out those are just it's ridiculous in a good way over it like I said all right so here this is a perfect example right how bullish does crude look if you're just staring at a bar chart you're like oh man break out it's going to 90 yeah all right I'm getting long well if you don't have the volume event you're long and you're you just took a 70 tick break down your throat loss right if you're using this stuff which is the most important stuff I don't know if I mentioned it you don't get long this actually was a bear setup right so even you're just I didn't go short off of this you could have but we covered it there was nothing up for me to go short off of this but the point is if you're watching this stuff you at least don't go long you're like stop run that should bounce off of there if it's really going to be a stop and hold this is actually another stop run so the main thing to take from this is all this buying I'm using air quotes it's not real buying it's just guys puking so that's information in its own right so if you're looking at a multi week balance breakout you should see buy ice you shouldn't just be seeing stop runs this is not real buying it's not initiative buying it's guys puking does it mean it can't head higher? no but my point is if you have this information it can keep you out of a losing trade and staying out of a losing trade is the same as putting on a winning trade pretty much because if you take a loser you got to have two winners usually to make a bet so he knows I'm talking about it because there's a camera in my office there's an overall market camera in my office and they always know what I'm doing I already talked about the I'm just kidding alright so this is a new stop run here put this up here so that started there the sweep started here but I think this price already traded see how the price already traded there so I would not even though the sweeps came in after that the stops weren't here because they would have triggered off already I mean yeah you can drop stops in out of blue but very unlikely that's the price 35 to 28 so then I go over my process all over again put this in so you can get the ATR to think it's swimming get on CR chart that's pretty universal actually I put the wrong zone in there 35 to 28 I don't know what I was just smoking there 70 so that's the zone so just go through the process again there we had an important area I don't think so so this is a little tricky because it is the trades are moves into it and then you get your stop run like a sell stop run and then you take the long this is a kind of a different scenario where it was moving back up and there was like buy stops and they were nowhere I'll still take a dizzy trade here just because I am bullish if this holds but it's just a different variation of an dizzy usually the market's moving down and you get the sell stops into the big dizzy zone and then I'll take the long this one was moving back up but it is still in the dizzy zone I would potentially take that and see what happens here I'll give you one second guys over here alright sorry about that so the other thing I look at like we talked about I'll go guys and still bullish so I can't take shorts off of that setup I can take longs barks and licks and I potentially take an dizzy we'll see how this reacts let's see where we are in and Q here I didn't miss some stuff in Russell over there and let's see what I missed because my hit rate for missing trades that are winners is about 100% over 25 years meaning every time I miss a trade it's a winner alright so again we still don't know what this setup is I never got the ATR above I missed it by 2 ticks it's never got the ATR below so just sitting here watching this but you can see this price change I'll go just show you so this is one of the many algos in this market pulse this is just the default watch that webinar with Bruce hopefully someone down here from BookMap that can post it again this is just default so this is the price change it's at 70% I mean it's showing me the biggest 70% of the biggest price change over the last 5 minutes so 5 minutes seems to be the sweet spot that these markets react it's just really refreshing to see why these things snap so we'll cover how you can use this to help with better entries but you can see here price change spike price change spike price change spike so you can see like if you're waiting to get filled I'm trying to get way better with this in my trading and on the webinars it's kind of hard but say I'm getting short off of this event and I'm watching it and I see the spike well you don't want to be entering when you see the spike most of the times yeah price change could sometimes when the big money is in your playing but 80-90% of the time there's no big money in your playing it's just these elbows so meaning say I want to get an 85 and I'm sitting there waiting say my order is even working there and all of a sudden I see the price change I'll go I can delete that order and say I'm not getting in on a price change cause I already know it's going to do that and then maybe wait for the opposing price change like this is about to do and then get it up here we saw it in an instance yesterday when I put this up so it's like it came down I filled to the exact tick during a spike it went like this 30 points and then you got the opposing spike I could have gotten 30 points better cause I should have already been filled instead I don't fill there because I see the price change I wait for an opposing get in up here so it would have been a 70 point winner versus a 40 point winner really important stuff my point is even if you don't trade off of it just seeing why these markets whipsaw the way they do this is just one algo but it's obviously a very powerful algo in here or algos that focus on this stuff this is stuff most people don't see I didn't even know about this I didn't even think about stuff like this so market polls this was my idea for them to do because I wanted them to come up with a better version of this I still use this I still love it, tick strike I love it and I hate it cause it drives me nuts but the point is it doesn't have history I've asked them for 12 years to come up with history like this stuff the market polls has history so anyway they came up with market polls the very first thing basically was the volume pressure imbalance so this is like tick strike just showing you we'll go over this too but then they've added all these other ones we'll look at the order book pressure all this stuff is incredible but anyway if anything you can just see what's driving these markets 90% of the time it's crazy driving them to not have any money left I'm knocking them out of the business per se if you guys have questions throw them in I've got to stop talking there for a second throw them in the YouTube please see if I can find DTHN composites or my bar charts Meme memes hey what are these weird charts never seen such complex stuff it's actually not complex it's the simplest stuff that you can look at in trading in my opinion all these bubbles are market buy orders and sell orders the liquidity is just showing this stuff in a different way so you can see relatively you got 263 contracts there it's just showing you those orders on the heat map so this is the software that got me back in the game most of you guys know my story was a multi-million dollar trader 2002 to 2005 6-ish I made like 15 million dollars trading for my trading firm and me scalping then it just disappeared overnight couldn't make a dollar spent another 6-7 years holding on trying to reinvent my trading style couldn't figure anything out to be elite I couldn't even be profitable and I'm like 2013 I had to bite the bullet and say I got to support my family and they had to leave the business because I couldn't make a dollar fast forward and actually I'm glad I'm talking about this because I want to talk about him fast forward 2017-2018 Mr. Brett Steenberger actually wrote this in 2017 so he contacts me and says he sat behind me for a year and he wrote this book this is on my website if you want to get it awesome trading book as well it's a trading performance I'm in this book he sat behind me for a year and he wanted to see what made me elite because I was one of the top scalpers in the world at the time so he was like can I sit behind you and watch you I'm like sure so he saw the good and the bad you think I lose my mind nowadays and complain you should see me back then breaking screens and stupid crap like that but anyway he sat behind me for a year so again fast forward 2013 medical sales and doctors offices kissing their ass every day trying to make sales he contacts me and he says hey you might want to check out this software called bookbap you guys have heard of it since there's basic questions firing in the room right that's this that's what we've been using and I saw it and the minute I saw it the way it was overlaid you could see it right there I'm like I'm back this is all I needed this reminds me because remember he sat behind me for a year this reminds me of how you used to view the markets as far as the order flow started watching it and this is way before any of this stuff like I was just looking at the bubbles and the heat map and I'm back thinking I'm back then they came out with the icebergs and the stops the side indicator and then the minute I saw it I'm like this is the most powerful thing I've ever seen these markets if I had this stuff back when I was making million I would have made ten times more literally but anyway so I fast forward and then I started watching it and started using it and then book map asked me to start doing webinars and rest of history right so the point is this is really all you need to be a profitable trader in my opinion so when I made the millions trading I was just staring at this all day long I didn't have charts up right that's how basic simplistic I traded well this is the next step as far as simplicity you can make a living and be profitable just by using this stuff not even knowing where we're at in a chart yes knowing where a chart helps you because you know the important areas obviously enhances this stuff but the point is this stuff in its own right is the edge right so anyway it looks complicated it's not it's just basic buying and selling bubbles market orders coming in you can see the liquidity on the so brief synopsis on my story that I try not to talk about it every week but guys I'm not bragging right there's nothing to brag about I went from hero to zero right but this has got me back in the game and this is why I teach it because I really enjoy teaching it keeps me grounded and I like to help traders retail traders like myself nowadays because I got knocked out of the game right I've been a bitter bitter trader since then there's nothing worse there's a saying out there's nothing worse than having money and losing it then never having it at all to begin with right because when you have it you know the feeling of having it and you lose it it's a thousand times more painful never having it again right so I had it and I got knocked out of the game so brings me great pride showing you guys the games right the games the games right that makes me happy to show traders how to fight back against what do you think is going on here you think just trading firms are just benign and they're cheering for you no they're trying to take your damn money right so it makes me pride to show you how they're trying to take your money so you can get out of the way and know how these you know all this stuff works to help you not lose money that's my goal right so that's why I do what I do plus it helps me as a trader too because when I sit here all day by myself I lose my mind and start breaking stuff so you can't really break stuff when you're on the webinar so you can but then you look like a complete idiot I just I just bitch a lot that's about it alright any other questions why I'll go I'll go avoid liquidity from one to two points and go away so far and then come back to fill liquidity well I'll go pick up liquidity right so in the basic sense when I just lost my drawer hold on here so in the basic sense if I were to come in here right now and drop you can see the orders in the order book right they're basically like 100 lots if I come in here and drop in 500 so you can see all this stuff here that's what this is right here if I just drop in a 500 lot or say it's right here a thousand lot the Algos will run it away because they're trying to make me chase the order right so they this is how they do it right so this was happening right now they pick up that size they throw in orders in the order book on the offer because they know or they think this person needs to buy right now they make the person chase it up fill their offers they get better prices and then it comes back right that's that's what's going on in here the Algos can't really tell from what I can see whether it's been in here forever versus just dropped in so when the market gets near there it picks up that stuff and it runs it away right and then then they they think someone's going to chase this market up that's why they put their offers in and then they get better fills and then it comes back anyway but the point is you want to pay attention to so say I have we have a trade for this liquidity trade so I were to get a fill up here I'd be trading for this you don't wait for the exact fill you can see how these Algos keep snapping it away from this stuff get out of some yeah I could fill right through it but most of the time the Algos pick it up and run away so my point is if you're trading to this stuff don't wait for the exact fill if it starts to run away and this is where you can use your bubbles or your price change I'll go I'll get into this I promise you can say like right here if I was short say I was short from up here came down I'm watching this liquidity I already know the Algos like to run it away first time especially first time then I need to see the price change I'm like alright I'm out and you avoid yeah it came back but this one this thing moved five points right so you can see how you can use this stuff together but anyway that's the reasoning behind that and that's the other thing guys so everything I'm teaching you is not hypothetical it's what I went through as a trader right all these all these setups right this is all how I used to react as a million-dollar trader when I had thousands of contracts on and they were basically in my face and how I would react in the back then you can see counterpart I mean you can see your trading with and I can see how they were to react so all this stuff is based on my experience experience is experiences right so that's the point so you might want to listen there's people in there you guys think you know it all not you guys but there's always someone out there that thinks they know everything and what I'm showing is bullshit blah blah what you want to do but you know guys and girls in my trading room are in there to absorb information that leads me right to this that's what I was trying to get to absorb what I've gone through so you guys can learn from it and not make the same mistakes especially right so this is what I was getting at with this so this is Dr. Brett so this is really I'm going to show you something else too I could do this there's nothing going on guys like literally nothing going on let's see here right here I'm going to post this in the room too you can read it actually the guy that got the verbal lashing yesterday he's the one that posted it so he's on top of stuff so from 2017 the domain specificity of trading skill also helps explain why very intelligent people often don't make very successful traders actually I didn't read this part we talk about this all the time the people that fail in this business the most are the ones that complicate it we talked about making it simple stupid the people that don't make it are like the doctors and the lawyers and not really lawyers but the scientists because they have to have a reason for everything that goes on you're never going to be consistent if you make it complicated that's why they fail because they're analytical in their mind actually I didn't read that that's why I try to make simplistic anyway but that's why I try to make my trading simplistic here we go other traders I've known who are quite successful in markets are notably weak in their performance oh wait no this is what I wanted but just read the article that's not what I wanted to show you hold on here it is right here processes that contribute to successful trading performance helps to explain one observation that has always struck me now you got to remember Dr. Brett has worked with the biggest head fund Tutor Jones I mean he's been in SMB he started with me like we were the first trading firm like I was one of his first traders lucky him that he got to see but now he's seen thousands of them you might want to listen when he's talking about here one observation that has always struck me traders train in classroom like settings or left to their own devices to learn trading through reading books and watching screens basically signature by yourself rarely achieve success I consistently observed the highest hit rate trader development in situations where the new trader directly observes the experienced trader does that sound familiar and models the behavior of that of the more seasoned senior professional in other words trading is not learned through general learning mechanisms classroom study but through very specific observation and modeling what do you think this is what do you think I'm showing you so that leads me to the point that people that watch this is bullshit blah blah blah and that's your bad because you can learn from 25 years not saying everything I do is right obviously but you can learn real time and that's the other thing about these trading webinars guys I hear a lot you're talking too fast I can't keep up even in my room like I don't understand guys I'm live trading there's nothing going on right now but the point is at least you can see what I'm doing and that's what the course is for you can ship to speed so on and so forth so that's the first thing I want to show you and then the other thing is like almost like I swear I didn't pay this guy to write this right this is a guy I followed you can follow me he's actually pretty helpful and talks about automation and that stuff right at this exact I retreated this I got asked by a friend if he should go into trading the dreaded question for all traders it has taken years of development to get the smallest success he's talking about himself years of development that's the other thing if you come in my room you learn what I'm doing it shouldn't take you years right you're fast taking because you're getting getting it all all the information right away instead of sitting there for years at the smallest success some small amount of success I've had yet I've tried my best to mention everything you needed to do here's exactly what I told them I'll read this right start small this will lead me into the apex you don't need to start small you can use this is in the trading thing this is in this document this just all leads in the same stuff because it's just all I ever talk about that's this is right here right so you can start with this stuff you're like practicing you have a little skin in the game so I did this again use this for what right now it's 80% off whatever whatever they have going on you can use pulsating 50 and it'll work right so it's 80% off right now you can get these accounts and if you can practice you still have some skin in the game so right now 80% off it's like 68 bucks or whatever and if you make that amount before you make that amount before you lose that amount now you're funded I'm not going to dive into that totally right now because I want to get into this but you don't have to start small you can use that don't use your real money use that and if you do well now you're funded right now you know this is $150,000 account it's not it's 5,000 because that's all you can lose on but you can open up to 20 of them right so you could have hypothetically a $100,000 account so anyway your first one or three years will be struggling rewiring your brain finding your edge finding your edge finding your edge you have the edge that's what I was explaining before if you start with 100k say that this is this is all so true right you don't have to do this to yourself by the way that's what I'm trying to say if you start with 100k to play with you will lose 80% of it some lose 100% of it you don't want to be losing 100% of anything right so to be sure risk a small amount and try sim as well so this that's like sim but if you do well you're funded so use that instead of using your own money is my highly recommend next one try everything you'll suck at first so explore various approaches give a go at scalping like all this stuff guys it's literally like I pay this dude to write this right as we get in and this is ridiculous give a go at scalping we have scalping some people just mentally cannot take the position trading I was one of them I've conditioned myself it's taken many many many years to put on position trades kind of like this that I've been sitting in for three hours right it's taking me a long time to be able to sit through this I am mentally built to be a scalper it's just really hard these days unless you have like we'll go over these the market post stuff other than that you're trying to scalp off the dome good luck you got no chance in my opinion so anyway you could still scalp based that we that's the reversion trade right that's the market post trades figure out what you are built for mentally right and different markets I look at 20 different markets I'm not trading them all like we heard a bunch of grains today I didn't get over there but the point is I'm still following them and I post the charts those inflection zones for 20 charts a day that you guys can get access to track your performance that leads to this trader sink I'm not on the right page here that's this trader sink right here you get discounts to this to anything on there you get discounts to just use the code right so there's so many people that are starting to use this in my room like oh my god an eye opener this thing is incredible this is the one I recommend there's other ones out there I don't like this is the one I recommend anything on it is what I use anything on that she next one track your performance best to play to your strengths and training people are going like oh I shouldn't trade on Mondays like I already know from 10 to 12 central I've lost millions of dollars it's probably the best idea not to trade that at that time for me right so that's stuff like that you'll see when you start tracking your trades and put them in there here we go next one I promise you I didn't pay that I did not pay this guy to write this mentors no alert rooms not trade rooms alert rooms where you're just rare but do you get to know but do subscribe to rooms or courses is this sound familiar that summarize years of knowledge in a few hours into a few hours that's live trading with my years of knowledge plus if they include live trading with explanations what do you think we're doing right course live trading explanations a avoid copy trading it often doesn't work so that's the point there's so many people that are lazy that just want to come in here and point and click whatever I do that is not what that's not what the rooms for is to teach you how to do it for yourself right learn from all of them you can craft your own approach we talk about this all the time too in my room I give all this information it doesn't mean like all these trading strategies to the version trade and all this stuff it doesn't mean you have to use all of it right it means pick and choose what you think is important and build your own trading plan edge sound familiar your goal is to find an edge that you can execute that's another thing you have there is no doubt zero doubt zero zero zero doubt that these SI events or edges we watch the market respond to them all day every day in every market right like this and you notice this reversion trade by the way right there's no doubt so you have the edge you have the rules on the edge so that's the most important thing is for traders they don't really know if they have an edge or not you know you have an edge you don't have to dispute it come in the room see what people are saying see the guys that are making money and you can believe in the edge then you just have to monitor yourself like we talked about already today right you do this if you find an idea track a sample you could and you could do all this too with book map you have in my room you have access to three and a half years of data feeds you can go back to any day rerun the day rerun the and with the new drawing tool it'll actually draw the zones for you and then play and test it for yourself if you don't believe me and believe what I'm telling you go back and check it out for yourself psychology after finding this is where like I said some traders are making money some are some are killing it some are getting killed it's the same edge why why is that because of psychology after finding an edge it's time for a consistent consistent execution what does that mean following the rules start with a simple edge one-on-one and so you can follow that stuff but that's the point an edge and following it and of course this takes years of staring at the screen but hopefully this option da da da da da so guys this is it right this guy knows what he's talking about right what he's saying here too is years you're talking years you got new traders that come in the room yeah it's not gonna take you years I don't think but if you're on your own you're looking at years right so that's my plug for what I'm doing for you guys and that's what I do in my room by the way surprise surprise this thing randomly from liquidity this is really important too this is just another tool I use you don't have to get it it's really important to see what these options dealers are doing because a lot of days they've been on game in town so whatever they do right you're seeing it right here so these options dealers get loaded up they got to turn around and sell futures moved up you can see that flow that means there was a lot of flow coming in that was that right so you can see how I can use this stuff we may use it today if we ever get a setup this thing still has not actually like this is yeah this finally proved to be a bullish setup right so now I can go long not right now I still need another retest that's just how I trade these strategies this particular strategy where's this at make sure the ATR is up to date up to the minute I should say 24.27 so to make that a long setup I needed a touch 2650 got there I missed a bite one tick now I got there 2725 so from my rules from watching 4.2 million of these things that is a bullish setup retest confirm I'm going to take a bark trade blind ATR retest confirm long I mean you could take a lit trade I mean this is liquidity I mean if you spread it out you can make it look like anything you want I mean this has been up for a while these markets are clearly bullish so you could take a lit trade I'll take both but here we go here's another retest of the zone I was really hoping they would go fill this first and then because I know this is going to get filled it's just a matter of when I was hoping it would fill it there then I could take my long and not worry about these jackasses manipulating the market and pulling it back there because it's going to happen it's just a matter of when so anyway if this retest comes back I'm going long I'll take a bark and a look speaking of which look at this price algo price change algo insanity just over and over and over it's nuts there's another one right here yes very hard to do by hand because you never know how far it's really some of them go a few points some of them go 20 points I'm not saying to trade this thing by hand I'm saying to use it so we're going to try this by the way if this does retest fail I'm going to watch closely I'm going to know my price to get in this long which is going to be once the retest comes back I'm getting in a 30 quarter well I usually just put my orders in but I'm learning the hard way because you see anyone who knows me that's why I'm crazy but my order would be sitting here I'm going to watch this if this pops up here it hasn't happened yet if it pops up here and it's doing the price change I'm not getting in right there I'll wait for the price change to play itself out I can get in at a better price or I can wait for the price change so say this happened right here say for instance this did get the ATR it did the retest I don't get in right there because the price change and I wait for an opposing price change it's almost 20 point difference you see that? so we'll see if that materializes but I'm telling you, you guys want to get market pulse and look at this thing it's part of the SI indicator it's part of this stuff for now but in its own right it's extremely powerful so you go to book map marketplace that's part of the SI indicator I have questions on this too that's why I show it that's my course by the way you want the MBL bundle here so that gives you the SI indicator Trader Man Pro this is important too I just haven't been using it I've been bugging it for a while and I stopped using it plus I have so much on my charts it's freezing up lately and then you get that for right now it's all part of this this is like the best and I know I hear it all the time well I got all this stuff this has costed me so much this stuff you cannot trade without in my opinion there's stuff that you can like I use crappy thinker swim I'm gonna get rid of it very soon but like I was a destitute trader too you cut costs where you can cut costs you cannot cut costs with this stuff I got a guy that just joined me from the other day and he's got to fight with rhythmic or something he's like I'm not gonna have the MBO data so I'm like well then you're you're wasting your time in here anyway right so this is a must there's certain things that you have to have if you want to compete you don't have to get them do whatever you want I'm just towing in my opinion you know in that document alright so you don't have to get all this stuff why do I keep forgetting these are on different Google you don't need all this stuff but all you do need is book map and the MBO bundle and a rhythmic data feed that shows that enhanced data that shows the stuff in icebergs other than that you don't need any of this stuff that's what I use if you think it's important if you think what I'm saying is important do what you want to do let's see what you guys are saying in here ZT if you could say what time of the day I'll start working more 11 to 2 p.m. central 10 to 12 absolutely like if you were smart I used to physically remove myself from my office I asked Dr. Bratt back then so he'd be sitting behind me and I'd be like 10 o'clock I'm out of here it was actually 10-15 because I lost millions of dollars back then it was another I was going to use a bad word there another trader that was running the show because Al was warned as prevalent back then right but then that's when he would start his games why? because that's when the big money goes to lunch New York starts to go to lunch, Chicago goes to lunch then the Al goes to start to run wild on you guys right so that's when if you're going to trade the price change that's probably when you want to trade the most you don't want to trade price change Algos if you're going to trade this stuff like in active times like opens and closes but that time period 10 to 12 central is a time you will be amazed if you still use that trader's sink and you go back and track your trades I will guarantee you that time period over you know 3 months, 6 months a year when you go back and look at it almost 100% it's going to be your losing time period for you in every market it's unbelievable in every market for me so that's the Algo time for me Jim Thomas what are your thoughts on multiple APEX accounts? absolutely you know you can like I said you can only have so each one of these things so this is the one thing that I think it's it's misleading it's already a capital 150,000 when I see that and they all do this right because these things are popping up all over the place this is the one I put my name behind I've done it for 2 and a half years right when I see that I'm thinking okay well I get funded I get to lose up to 150 grand no you get to lose 5 grand right so these are 5,000 accounts but what they give you the option that you can have up to 20 so if you get 20 of them going you go live you make $9,000 then you can do them you can link them together I think Ninja Trader has it I don't do it currently but you can link them together so they're all firing off the same trades you can get 20 and then you have $100,000 account right but yeah multiple absolutely so I have one for each one of these trading strategies each one of these is built on one of the trading strategies I'm trying to the tough part about this is because you're going to have trading drawdowns right so I've had multiple where I've been up 7, 8 8,500 we saw one last week I was up 8,600 I was $400 away and then I pulled back 5 grand and I blew out of the account that's the tough part right so you can still be if I make 8,500 bucks I'm $500 away from the profit goal I pull back 5 grand I'm still up $3,500 I lose the account that's not cool that is the way that's how it is so that's what makes them difficult but it helps you learn to monitor your risk so on and so forth but it's not hard now they got something going on you can qualify in a day most of these you have to trade like 20 days this one which is you know I don't know if you really want to try doing that because you can blow out your account very easily because you can only really lose $5,000 you can't qualify in a day you got to be putting on trades that are worth 5,000 on the flip side you're putting on a trade so this is like $62 or whatever comes out 80% comes out to be well when you put on a trade say you have a live account 62 bucks is nothing you're like okay I lost $62 who cares on the next trade it hurts more on here for some reason but you can just fire and if you lose you lose 62 bucks it's just like losing on a trade 10 times that so you can literally just keep refunding this thing if you're wrong you lose the amount of the combined not combined whatever they call this one that's the other one I don't like but you see what I'm saying right 62 bucks you're risking that on a live account on a one lot on a point and he has points so I highly recommend this guys just to get you to build your confidence and you're not risking your own money there's no reason to risk your own money if you're learning none when you have something like that there's just nothing going on hey look at that gold's fine what is going on here the world must be ending it's finally working in my favor so this is an example the price change works until it doesn't work and these algos have this factored in it works see how this one isn't really snapping back well that showing me big money is coming in and that's fine they know the big money is going to come in and there's going to be extreme price changes and then it goes back to that so they take their loss and then back to make money make money, make money, make money, make money see what I'm saying so you got to be okay with this too so save for instance we were already talking about this say I was going to go short this setup I was already short but say that was the price and I saw the save was up here and I saw that spanking like so you've got to accept there's got to be times where it just keeps going most of the time it does rebound so that's the one caveat to that if you're going to use price change I still think it's worth it for the times that it does snap which is 90% of the time but you've got to accept that this isn't going to come in but you can use the other algos let's see if Marco Polt are the the vine pressure spiked here I don't think it did because I would have gotten it lured there's really nothing going on there just like that or tick strike so if you hear tick strike firing off remember this is telling you the size of the orders and the speed of the orders you might say okay price change is probably going to get run over here because there's big money playing you can use that with the volume of pressure volume of balance so anyway I'm going to look remember I got out of some and that did snap back and now it's back here so let's see if there's other areas I'll get out of some of these trades here some of this trade I still have 7 short let's see now you're coming out to daily value area I don't usually get out of daily value area without something else here but that's that that's just one standard deviation of EWAP I already got out of some here so there's really nothing else for me to get out at until blue lug extremely powerful as we talked about and or I'm posing about if I get into a vent and it turns bullish I'll get out of the full trade other than that I'm playing for this blue lug down here it's almost 100 ticks away let's see it hold what is 0 wow it's already 9.30 or 10.30 if you have an indicator I was trying to find somewhere else which indicator you're talking about like crypto speaking of crypto I posted this somebody laughed at me it's like well I don't know it's so funny about it because it worked perfectly this is the other day you want to trade crypto you can use the futures this is the same pattern so I figured out from watching these just like every other market 25 bitcoin in the futures is threshold worthy trade off this is at the end of the day the other day market move down retest it overnight and then move $2,000 down same stuff guys you don't have to trade the futures either you can use this information and trade the cash trade the normal bitcoin through whatever the exchanges are but I thought I'd show that since I saw saw the crypto stuff Jim Thomas alright so nothing for me there any other questions throw them in now guys there hasn't been one set up here I'm still waiting for the retest of this zone to go long this trade's just horrible it's been horrible all week but we do that I'll go along I haven't got the official retest after the official ATR short gold it's still rolling that's good go to zero please and then we looked at crude we did say how you could have avoided going long because it looks so bullish and it's still bullish this turned out to be a bearish event too but there's nothing for me to do on the bear side because remember I use algo guy to confirm those so I'm just looking for longs right now unless this thing can flip meaning the blue goes below the red then I'll look for shorts and all the barks and licks and that's really nothing to do there and then I missed there was some stuff in natural gas I just never got over there not really anxious because today's been dead but there was a lot of good learning as far as me ranting actually this drew nice this was probably ATR so this is why I wait for this right so I would never have been long this I can even tell you what it was probably this time this is why I wait for this certain scenarios before I go long and I just don't jump in long if I see by ice right that was probably 847 my time down here right after the number so ATR you can see the middle left there was 30.030 that's 30 right so I would have never really really surprising by the way that this got inside 1ATR and came back to the zone but I would have the only way I would have gone long for instance like a bark trade here is if I waited for the ATR the retest failure well it never came back we call confirm now it never came back so I would have never taken that long that's why I wait for that scenario this may have been an Izzy but inflection zone but these thinkorswim hasn't rolled their damn chart yet so I don't know if that was an Izzy for March move to March don't even get me started on thinkorswim so we didn't really miss much here but this is why I wait for certain scenarios I got gold trying to hold this thing to the blue that's it guys not a lot of trading actually no trading today because I put gold on before the webinar but hopefully learn something I like doing it because I'm trying to teach you guys to fight back against the man alright I will have a great weekend and I'll see you guys next