 Good morning everybody and welcome to the live trading session live trading webinar today with Scott Pulsini futures trader We do this every Thursday at 10 a.m. Is part of our educational webinar today with course senior futures Are our process here, which is very simple and straightforward We offer an educational course online and then every day during the week we have a webinar that will go through how to Read or utilize that information from that educational course in the live market And then we have two days during the week where we have live trading so you get insight from other traders How they read order flow and apply it to their trading and then trade live so you get their very specific way of trading? So you get insight to all of that today with Scott Pulsini, you know who he is He does offer educational services and mentorship. I'll put this into the chat if you're interested We need to go through whoops There's his website. We need to go through the risk disclosures here and then we'll jump right into the live market General disclosure now. This is important all bookmap limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations live trading is in simulation demo paper trading mode and strictly for educational purposes live trading executed in simulation cannot accurately represent realistic trading performance risk disclosure training futures equities and digital currencies involves substantial risk of loss It is not suitable for all investors an investor could potentially lose all or more than the initial investment risk Capitals money that can be lost without jeopardizing one's financial security nor nor lifestyle Only risk capital should be used for trading and only those with sufficient risk capital should consider trading Past performance is not necessarily indicative of future results. All right, so with that said Let's hand it over to Scott Scott are you in here ever sure there he is. All right Let me get your screen here and then I'll share it and then There it is You see savings got it hold on a minute here Put it on the other page See servings. Yeah, you're all set to go a little rattle here Yes, I was short and then the number came out and bias was coming in. I was trying to Have multiple accounts and auto trader and I was trying to cancel it And they swiped up stopped me out ten things flaring off right now, so Correct for so I mean, I'm currently short this will go over this here in a second. I own personal as we used to say on the Let me just work at the border trade My own personal fast market So when you're like flipping out and nothing's really going on there was stuff going on a little bit of an ounce Kind of slowing down. So that's good. All right. So anyway, I'm short Sorry beans This is an important area. This is into the blue lug We'll go over all this stuff here once this I get going here, but Usually I'm out right away at the blue lug, but I will go over what happened last night And what I think this thing is about to crash So and there's a new setup right here, so I'm just gonna trail my stop now an ATR above here Again, we'll go over all this this process when it slows down, but 3.77 is your ATR. So I'm gonna go a little bit outside there So I'm gonna go four cents outside here, which puts me at 40 50. That's basically where I entered this short And my stop was up here based on this setup and I moved it down again, we'll go over all this and just trying to get I want to see how this reacts this little log as well But if this breaks down through this blue lug and then we build new lugs I will add to this trade Well under the weather too, so things are like magnified right now, so just bear with me guys Anyway, so if this moves four points out of here, which it just has retest failure I will go short, but I need to see some new lugs in here because I know I'm not gonna short into the lug It's I usually don't even hold my trade into the lug, but I think this can break and I think this can be a Monster trade lower. So hopefully we get some new lugs here in a second. I can add to this trade I got too much going on. It's my problem. I'm not gonna sit here and stare at that We'll see what happens Anyway equities Got the middle finger from yes here just a little bit ago. I was There was a stop run right off the bat. Well, there was by ice down here Actually, I changed the zone. This is gonna be confusing for you guys because it's confusing for me But there was by ice down here. I drew that zone then we ripped up here You can see the stop run that's right here and when that failed. It was pretty much the same zone I just drew this no one will go over this but within this failed. I placed my stop. I Mean, I wanted to get in this trade short for cells. Yes 168 contracts trail my stop based on the new setups coming in here then we'll go over the Shulaki I just took in yes, I didn't lose much, but it was like I had like four counts on and I couldn't get out And it was not good. She like this a different color. All right, so that's in the nose zone here I'm expecting new loves here any minute, but I'm gonna go now four points above this zone for trailing my stop, right? So just make sure I got this right. I did not Right, so I'm incorporating this cell ice right here. This is another hundred and sixty It's not huge, but it's still threshold thresholds 150 and so it means so now I'm gonna go eight here and here is up to four point oh six so you can see here So that's how I judge the zones and judge my stops and entries 4.06 is your current ATR So four points out of here four and quarter points out of here puts me at 36 quarters and I can trail my stop another four points down I'm gonna go just outside this most recent zone. I don't like to stop in the middle of zones Assuming we have new loves by now, but could be wrong I hit I want to add to this trade and move over all this once I settle down mentally Over what I saw last night. It was pretty astounding I think this market is due for a major move. Hopefully I don't get stepped up before that happens. That's canceled. That's my new stop All right So yes, I'm watching this Anyway, what I was getting at there was a stop run I was going to short on this stop run right off the bat As a dumb and dumber setup one of my six setups and it came down here And there was I this ice zone was down here and I put it An ATR was just outside the ice zone So I shorted it and right when I shorted it you can even see here It was right at the exact tick as usual Can't see it with these swipes, but I shorted it and this bias came in and I was trying to draw the zone and it just swiped up like 10 points in A second so I just got out of the trade because I didn't know where the zone was And then I ended up drawing the zone and it was you know, it was my it was my own fault Back up. I tell you guys all the time not to trade into numbers right because No matter what happens prior to the number volume wise There's a lot of times a shift and that that stuff doesn't matter So I did put that short on right into the number And then this bias came in and I just I couldn't it just literally swiped in a second 10 points So I just got out and then once I draw the drew the zone that's this blue zone here And and then we came up here and we just put in more stops My stops pretty much in the same area and then that's what this zone is That was this right here. That's the stop run See I was gonna short This ice zone I'll come back to this. Let me just cancel this so I can get my bearings here So this was the most recent setup. So we always default to the most recent setup, right? So this was the most recent as your stop run ATR was is 8.93 So we did not get an ATR above here. Yeah pretty close But no dice. So The top of this yellow zone was 84 50. We got up to 92 50. So that wasn't quite 9 points 8.93 points. So I wound up So now this can be played as a potential deland dommer, right? Because we didn't violate to this the upside as an ATR so I can still play this on the short side I don't really like the way this thing is trading in here. I'd rather see a move out of here to Get a new setup So an ATR below here would be basically right here I'll give this a shot and I'll tell you why I want to do this This is why I shorted them again with so I'm going to I'm going to short this Based on this setup here We did not get an ATR above here. So this is still valid for a potential short And I'm also shorting below this ice that came in right after the number, right? So If I get filled on this then my stops going to go an ATR above this zone where it didn't touch the first time and I want to show you why I'm Interested short here if this moves a little lower I'm sure this is confusing to you guys and I know I mean you got these zones on top of each other So let's just see if I get filled if not well I still don't know what this is right. I don't know what setup this is It's either a dumb and dumber or the dumb money pukes no follow through Failure or it's a stop and hold where it doesn't get an ATR below this holds and the big money comes through I'm leaning towards actually I should you know, I'm just gonna I'm going to let this play out Out of this zone. I just don't like the way it's trading in here. And then you see above here too You know, this is where we're going right? We talked about this every single webinar I do liquidity is a magnet and I can see this getting up here. I if this moves lower once this moves out of here and if this moves lower I'm going to show you this right now from yesterday. This was a This was a big ice zone yesterday. It was like three or four thousand contracts Towards the end of the day and I drew it on this right so you can see we're kind of They try to break down and it hasn't really got This is a regular trading hours chart too. So as we look at the this is a better look So we tried to we broke the load and overnight and we can't get really above it, right? So this was all this by ice. So there's like right around here yesterday, right? Try to get above it failed and then overnight You can't really get through here. So if we get down here and then I start getting signals I'm really going to be excited to short here. It's kind of just bouncing around because this is the area from yesterday. So I already took my small beating in that I will wait for a move out of here But that's why I want to get short this market if it starts to roll down and if it rolls up Then I want to be long because this is going to be Basically a break out of this balance for the last two days as well We were breaking through this important zone that led this directional convection I'll go over all this a little bit, but um, I'm okay going long above this And I really want to be short below this but right now it's kind of just whipsaw city So I'm going to pass on this right now. We'll wait for something new soybeans I'll come back to this in a second. I'll show you guys what I saw last night while I was sitting here NASDAQ I was going to short this at the open See this big this big by ice came in. That's this blue zone. We moved an ATR below here I was waiting for an ATR retest failure Then we came down and then you had some cell ice here that came in and it ripped So this is actually an officially a broken ice setup on this newest cell iso All right, so you see this See 128 that wasn't threshold, but this is 213 And then another 227. So you got about 500 cell ice here that was immediately An ATR above there, right? So ATR is now 39.6 That was even less than that before but we definitely got And this might be 87 points above this zone, right? And here's actually retest actually I want to go along this market And it's right here. Can we put on one over that too and how we figure that out? This comes back up ATR again is 40. So the bottom of the zone is at the top of the zone is 11600. So 11640 Where I will go along this market and I'm playing this as a broken ice setup So this was the zone that I just showed you we've definitely got an ATR above here Here's a retest. I should actually should have been in this train aggressively. We'll go over that as well I'd like to go over today, um, but this didn't retest this known and failed So I should already been long again right here if this comes back I'm going to be long that because like I said the All that liquidity is above as well in the yes. I think that's what we're at it right now It's a little there. All right. So now what I'm going to do. So this is a large risk trade, right? Because the size of the zone is 50 points and ATR is 40 points. So now I got in 40 points above this zone and now I'm gonna Now the way I trade it is I make the market proof it can get back down through this entire area I don't place my stop in random areas to let the algo stop me out I place my stops We talk about this every single week every single day in my trade room You don't place your stops where you want to lose money You place your stops where the market is where their volume of that happened because the market doesn't care Where you want to lose or what you don't want to lose, right? So I'm going to go 40 points below here So this is a very high risk not high risk. I'm risking a lot on this trade But if this gets rolling because the volatility is up to 40 I think this could be at you know, at least a two to three times my risk trade So this was at let's say 47 50 40 points below there Well for that turn the stone Oh 750 so long as that so let's go over this real quick So no new lugs in the air starting to annoy me Last week I missed a trade because I didn't build new lugs if you guys remember in gold All right, so the reason I wanted to be aggressive. I should have been aggressive on that There's just so much going on. I missed the trade, you know, this was that sell ice zone And we're above the yellow yellow lug and I go I enter out of the zones aggressively meaning At an ATR just outside an ATR. I will get in aggressively because we're above the yellow lug the directional yellow lug Ludwig levels If we were below and I want to go along then I wait for a full ATR A retest failure then I go along But I I'm aggressive here and now my first target isn't going to be up here I know the risk reward isn't incredible here, but I want to watch to see I mean this is 100 points away So it'd be nice for cells. He has 153 contrasts either way. I'm long right now. So we'll see that it's there So I'm just waiting for that to break out of that area and we'll trade that as hopefully So he means More sell ice All right, so while everything's pretty quiet last night. I was and I put this in my in my room So this is you for me to show this way. So this is what I posted last night I was probably around 648 my time so 848 I just saw this huge cell. I started to come in. I mean threshold in this market is like 150 during the day and I saw like 200 Another 200 another 300 and I'm like what is going on in here and then I looked at the relative volume And this is what I saw here and I'm like there's something I caught a little bit of that move But nothing really happened. But now it's starting to happen. Right. This was last night So that was the start of this move all that cell I started coming in and I saw 18 times normal volume 10 times normal volume 8 times normal volume in this whole area And you can see we really never got out of here, right more high volume and now this is starting So all of these guys that were buying into that cell ice are now starting to crap themselves Pardon my language, but that's exactly what happened. So I would expect a major major move out of here I mean I was waiting to see so, you know when you're looking at relative volume You can draw the areas just like you do with the SI indicator setups, right? Because it's still volume and it's large volume and it's Traders that are invested in this area. So if this can get rolling down I'm expecting a huge move out of here if this fails and gets above then I'm expecting a huge move this way Right, so we haven't really busted out of here But I fully expect to see if this starts moving down a little lower Stop run stop run stop run because all these guys that are long in here That sold into that cell ice. It was like literally just cell ice after cell ice There was a little bias in here too, but I'm expecting a huge move in this market today So hopefully I'm on the right side if I get stepped out then I'll be looking to go along Eventually Let's look at the bigger picture stuff here too Hey guys, sorry So this is actually the November contract. I don't know. This is July contract So I don't have my zones drawn into a memory yet because it just rolled but But This is this is big time stuff here. This is a major balance area It tried to break out It tried to hold this high volume node and you can see we're right here So this is basically less man. That's a little dude here. This would be like for cells. He has 151 compress this literally if this gets through this bottom of this balance area You're talking this could be down here They could literally just retrace this here this whole move down to here and for everything I've seen up here I think that can definitely happen You know limit I think limited and this is a does a dollar ten or something But I definitely think we can go limit down Even more cell ice now 160 the same zone you can see right here More right, so I I'm telling you this thing is gonna So it'd be nice for cells. He has 176 compress because this is what this is what is this is all about right if you are just staring at a chart You have no idea what is happening in this area. No idea With the si indicator you can see Again, this was just since the open and I know what happened last night. There has been literally probably Three to four thousand cell ice in this area Like if you don't have this information you're telling me you have you have all the information No, you don't you're staring at a bar chart You're staring at your you know you 14 things on your chart. You're moving averages Crew numbers come out here. You just don't have all the information. But knowing all this I mean, yeah, you can see on the relative volume, but you still don't really know what's going on Then you see this you're like well somebody really really really wants to sell this market and somebody that has a lot of size That's very that is the driver of markets right to know that information So that's again, this is the biggest edge you can have in trading and if you're trading without this You just I'm not saying you can't make money, but you don't have all the information I say that I know guys I repeat myself every week, but one there's new people on here You know that I'm trying to explain things to and I can't say it enough That's the biggest edge in the bus we haven't finished trading All right, so this was rolling though. It's just kind of sitting here this NASDAQ trade So this may take a while on that Like I said, I fully expect this he has to go up and fill this Quiddity if that does not happen it doesn't mean I'm not going to go short I just need to see move out of this area. I don't I don't want to be trading in this in this area But after what happened to me right after that number So if this moves below this I'd say 3760 I start getting short setups I'm in with both hands as they say But I'm fully expecting it minimum at least to go up and fill these guys and then maybe break But if this gets above your remember, I told you that ice. I think this can be a Huge move up to the upside as well your new lugs. This is what I was waiting for right so now I'm not going to enter this aggressively because we're just balancing on this yellow lug But if this moves an ATR below here retest that cell isom I just showed you and then fails I'm going to add to this trade and I'm playing it minimum 20 plus points away Just 200 points away So now that wouldn't that's what this looks like on this if we get If we were below the yellow lug significantly, I would just short this immediately aggressive Like I was telling you guys before I base my aggressiveness based on where we are in the lugs lovely levels So if we you know if we were below the yellow lug significantly I would I would just short an ATR below here, but since we're balancing on the yellow lug I want to see a full ATR retest failure. It doesn't mean it's always going to retest But that's what I demand out of the trade if I don't get it. I don't get it I mean I'm already short anyway I will gladly add to this trade if you are as 3.72 you can see it right there in the middle So I need to see I'm going to round up so I'm going to see four points out of here retest failure of this zone so what I'm going to do here a little alert to know that we have an ATR below here so I don't miss this I missed a huge week trade the other day because I was lazy with my Lazy putting the alert in and I missed it I missed the retest and it dropped 30 cents and I was not happy I'm still not happy So we will know if there's an ATR below there and ready to add to that trade So the other thing you want to know too this is NASDAQ and this is really important as well This is not my end webinar yesterday. There was this is what this is There was probably four to five thousand cell ice in this zone and I kept saying the whole time it just kept coming in It kind of like so it means right now kept coming in kept coming in I'm like I've never seen this much concentrated cell ice at NASDAQ ever since I've been watching it for three years that's this zone and you can see yesterday broke out tried to get back out back inside failed and then today you got buy and tell buy and tell all this cell ice is and I'm going to be in a world of hurt here and that is going to probably lead to a major move up so this is basically you can feel the breath holding right here I get this was yesterday so it's not as important as setups today but this was so significant I don't usually draw zones on my bar charts that's why I have this here so now you're looking at a buy and tell you're looking at another buy and tell which means instant rejection and it's not surprising to me the market moved and instantly rejected this area right so just thinking this common sense wise right so say you're the seller you were the seller you sold five thousand your firm let you put five thousand assets on and you're short and you endured this yesterday it came back in and you're like okay I got it and then it opened up here it comes back in to this zone this is all based on my personal experience trading right so now we get huge positions on and it would move against me I'd sit there and pray to the lord that it would come back into the air into my area so I could scratch the trade right so it's not surprising this moved out came up you know and you can I will bet you some of this sell ice started to peel out of the positions and that led to that instant move back out of here so that's the way you have to think about markets because that's usually what's going on again I know for a fact because that's how I used to trade so being a larger trader so anyway this at any minute if we get through this zone and this zone is very very important this was fed day you can see selling tail selling tail led to this move came up yesterday or the day before failed again came close failed again if this gets through the zone you're talking this zone this zone easy right that's 500 points away I definitely think based on what I saw yesterday this could make a 500 point move today would be my you know we got first things first we got to get through these zones here but I definitely think we can roll up to these areas and that would be we tried to fill this gap the this zone is because of this directional conviction gaps are directional conviction right this led to this move over here there are some directional conviction here so this zone is important but that would be if we can fill this gap officially and get above there this thing's going to rip first things first this thing's just balancing right here you can feel the breath hold it when I'm telling you you're going to see some major moves here in a lot of these markets today would be my guess any questions Bruce stop talking for a second let's see no in discord and in youtube I think we're pretty good here yeah yeah you have to keep talking all right I was definitely rattled at the open so I apologize guys if I was a little confusing when we're chirping all right so this the natural gas number came out I think crew comes out at 10 on holiday week anyway natural gas just came out you can see these huge swipes this is a major major this is like 170 tick swipe here but you can see this big bias coming in this is significant right yet 200 here yet another two you have 500 bias granted the zone is huge but we talk about this market all the time it is the most algo ridden market out there but when the big money comes in it disrupts the algos and you get some huge moves so you know you got to decide hey do I I mean this zone alone we had this problem a couple weeks ago I believe this zone alone is 200 ticks so I mean then you add in the ATR if you say so say I trade this setup check your ATR ATR is currently actually not too bad 50 or you can see it over there is 50 so that means if I were to enter this trade so say I wanted to get long and I got along aggressively why get long 50 ticks out of here well I have to risk obviously the 50 ticks for the ATR then I have to risk the 200 ticks the size of the zone because this is how I trade because I was I make the market go through the volume of that and then another 50 ticks below here so I'm risking 300 ticks if I were to trade that that's just not feasible right so what you're better off doing is waiting for a new setup drawing that and then you can trade off of that but this is not I'm not risking 300 ticks on a trade even though it moves 300 ticks all the time I mean again this move alone was 170 ticks but I'm not I'm not trading off of this I'll wait for something new in here but it's just something to know keep an eye on it as you may get a monster move out of here too let's see what's going on in the bigger picture so this was a really really really important zone here and you can see we just sliced right through it right this led to this directional conviction that led to this monster up move 2000 3000 ticks actually more than that I just refer to it by tickets to see as easier so this went from 640 up to 950 right so that's like over 3000 ticks that this one bar led to right and almost always when you come back to an area like this you're going to get a reaction it is so telling that this thing just knifed right through here right so now you got some other in the smaller areas like this was a gap up that led to this but this is so telling guys I can't even tell you this thing's probably going to do that that would be my thesis doesn't mean my thesis are always right but you come up with a thesis and then you wait for trades in those directions and those are your best trades so to the downside right now we have blue lug anyway so and we know how big that zone was so what I'm going to wait for is hopefully we come down hopefully bust through we build new lugs and then I get a setup and I will be very excited to short this market that's obviously down the road hopefully today this thing just won't break yet but hopefully I don't get stopped out of this because I just think this is going to be a monster trade so we'll see but everything's locked and loaded here so the again this was 32 the step of the zone at r is still three three point five I'll just leave this step where it is so I went four points above here would have put me at 36 to stop out but I try not to stop out in the middle of zones that's why I put it a little outside there so get ready for some fireworks and air is all insane if history is any indication gold ice iceberg by gc 150 contracts please don't make me treat gold today but the one thing about gold is it's not it's probably the worst traders on the planet in the gold market every move is just a stop run when you see ice in here you want to pay attention you're getting it right now all right so we can see this is one house too right you see this this is another great thing about the iceberg on chart you can actually see this is showing you it's one entity the white line and then it corresponds with this stuff down here so I will definitely draw this zone because ice is almost not existing in this market lately sold ice ice for by gc 150 contracts so this is going to be an important zone I've been shying away from trading gold since the I've been getting my head handed to me since the war started and especially trying to trade stop runs in here because like yesterday I wouldn't in my trade room all we saw was stop run up stop run down stop run up stop run down and that and then this is what it looks like as far as charts are concerned you can see it's an absolute chopped us right it literally was just it was just one of these like this is the whole thing's been a chopped us but what we've been talking about overall you have this balance then you had this balance inside of balance we tried to break down tried to have a fail breakdown it did hold where it should hold to continue lower and it did continue lower so now it's just this is still a bearish market longer term in my opinion right so this is going to be interesting to see what happens here I think I could have drawn a zone here let's see I draw a zone down here so I draw my zones based on the four four important areas of charting so tops and tops and bottoms of balance areas right I buy in those of balance areas I usually want to draw the eye volume nose because it's just kind of an area that you can eyeball what's really important is directional conviction so you can see this was directional conviction and then I also drop tails as well this was a buying tail that led to directional convictions so I'm definitely going to make this a zone so when we turn we turn to this area this is going to be a very good place to trade put a trade on whether it holds or breaks right so I'm going to incorporate the bottom of that which got this tail get most of that tail in there I'll get it all the way up where this directional conviction started to so this return to this area you want to keep an eye on this area if you get like a say we come down here and you get a bunch of buy ice or anything even a stop run you know I'm trying not to trade stop runs but whatever any setup in here you want to trade for one of those if it gets through here will then support now becomes resistance right this is going to be a very important area at least in the short term stuff you can see this kind of even launched over here too so you know this to start down here and so this sounds important too but this comes back here I would play for one of those right now this has been resistance the last couple days you can see here here here here so it's not as clear cut here what's going to happen but this is why you use real time buy now this is telling you somebody's buying a lot right here I've not I've not seen ice in here for days yeah 121 another 100 another 100 another 150 you see yeah like you know 500 ice in here which is a lot so I always get questions on drawing the zones you just want to incorporate find these spikes right I had this on reset mode as well as my over that here in a second but find the spikes and incorporate all the prices that happen until the spikes stop at your zone all right so ATR in here is 21.4 so you're right here so just move the decimal over 1.4 I round up so 22 ticks out of here would be an ATR or above the yellow log so I can enter lungs aggressively so this is also I look at this as well for my bigger picture stuff you can see this is a multi-day this is why it's been such a chop fest this is in 610 this is like a two week two week chop fest and you try to get out at the open let's make this so you can see it for a period right and now we're trying again this if this gets out of here you're going to see a huge move would be nice so all these markets you're looking at big uh I mean that's actually might be working out what's going on here these stuff anyway we are above the yellow log so I should be trading this aggressively I really want to see this bust out of here like if this if this breaks out of here and you get bias here that is going to be just golden at least to the top of this and then probably higher but I'll still trade this because we're far enough from the yellow the red log so it's 100 ticks away almost so the way I'm going to trade this is ATR is 20 21 and change so I'm going to say 22 ticks and I've been going outside an ATR so I don't get filled to the tick because you got these algos that pick up these volume areas and then once it gets an ATR away from there they snap it back so that's why I've been going outside an ATR daily and that's what I'm sticking to it's been much better um so 20 so it's 22 so I'm going to go 25 ticks out of here I'm a little outside an ATR so that puts me at 81 where I'm under this trade I am cognizant of the fact that we still have to get through the top of this two week marked profile composite that's at 1850 so I'm going to be buying basically right before then but look what's up here too all this liquidity so you know we're coming up there is just whether we can pierce through there so this is a riskier trade because of where we're at in that composite but I'm willing to take a shot on it especially seeing ice for the first time in a long time all right my little one guy is rolling here he has that let's see an area that we may cover this pretty close 3850 is your red lug um the other thing you want to keep an eye is relative volume too if relative volume is terrible this isn't too bad we're at 100 which just means this exact five five minute time period for the last 30 days um it's normal okay it's that's not great but it's not you know we can see in this nonsense the last is that's when you want to be very careful when you get to areas like this right now you know even if you don't have to use level levels see I was kind of struggling right here because you have these algorithms that this is VWAP these are the standard deviations of VWAP this is one standard deviation they call daily value area and this is one and a half this is two so when you get to these extremes you have these algos that try to revert it to the mean you need bigger volume to continue this up so this is actually not a bad place to I already missed my chance hopefully this doesn't come all the way back on me now this was within 10 points of that red lug I should have just gotten out I know that risk reward isn't or how much I was risking but you know I get out at red loves and then I just let it build new like you saw with soybeans I let it build new loves and then I can get back in long if I want right so I'll give this a chance to get up here one of the main reasons as you can see we're busted out of this as well this is a market profile composite this is a I believe a two-day let's take a look yeah two day so the way you do this is if most of you guys know this stuff but this is the value area of two days ago yesterday more than 50 percent of this value area was inside this value area so you want to merge them and then you make a composite value area which are very very powerful and then you can help then you can come up with a thesis based on how it's reacting so that's why I just said I was nervous to get along in that gold until we break out of there well this is broken out so this looks like that right on top of everything we just talked about what the so you have this information then you know what happened here yesterday you saw it rejected it I mean we got these zones here would make struggle with it but I think we're doing that now there we go and soybeans but yes this is going to be a right so that's now the natr below here right so now if we go retest failure I will add to this trade I'm going to put it alert here and not be lazy like I wasn't weak the other day I don't know if I mentioned that so if that retest fails I will add to that trade so I'm going to watch this red lug I may hold on to this I almost always I always get out the red lug but if you know if this comes up here and just plows through here and I'm seeing the single nuts this tick strike that's showing all the underlying stocks that drive the indices that drive the futures then I may hold on to it but this is what I have to endure now because we got up to this two standard deviation now here come the elbows right so I was hoping we can plow through here but I got that going for me which is nice as far as love here movie yep Bruce yeah that's a caddy shack nice it's not hard anymore I'm just the same the same line for three years so you should know by now always default to godfather yeah caddy shack or godfather well godfather is number one but you watched the new uh the new show to offer on how they made the godfather no it's really good very good it's on paramount plus or okay I really recommend it all right this like this is going to mean I just so now now it's like I'm getting greedy right like you think I just be thrilled that this thing just falling apart but I kind of want to retest fail so I can add to the trade because I honestly think this this market may go limit down today that's how I can't remember seeing this much sell ice and then in a concentrated area why did I only have my stuff or two all right so what I'm gonna what I'm definitely gonna do here is I will place in some case I miss this swipe down no swiping swiper what's that from Bruce you gotta know that from your daughters oh wait you don't have daughters do you know I know I was just kidding no swiping swiper anybody know it you get you get a gold star if you know it someone's gotta know it net gas ice iceberg sell ng 167 contract um so I'm gonna put my dora yes dora the explorer razor have two daughters so I've watched about 4 000 dora episodes in my life um so 14 1175 so I'm gonna go about a point above there I will get out of the trade and then we'll wait to see how it reacts at the block I'll clearly take a you know 30 cent trade on this and get out and reevaluate even though I do think this can go a little bit down today net gas ice iceberg sell ng 150 contracts all right we'll be heading over to net gas too so my two favorite markets outside probably my two favorite markets the markets I do the best at actually the natural gas and soybeans are both firing off today so remember what we talked about this market is in deep trouble as far as I can see hey look at that let me know all right so we definitely moved hard out of that so like look at this guys this thing just moved 250 ticks out of here like that's why I was saying like yeah you'd have to risk 300 ticks on the trade I didn't want to do it but this thing that's just one straight move you see what I'm saying like if you can get now we got another setup if you catch a runner in here and you can make huge huge profit so you see here we got 157 still coming in another huge area hopefully it's not going to be 200 ticks wide chocolate won't write down to that liquidity too they didn't get their fill but you also we talked about this too if you're trading you can use liquidity as part of your targets because many times the first time down there you get these elbows that pick up that size and they run it away and this is the most algorithmic market out there so you can say I'm going to wait for liquidity but if I see it start to pull away I'm out right to get out of a party position again I don't have anything on in this right now but it's just giving you an example all right so this is still coming in but I think that's accurate we'll see how this plays out I'm going to change this color just so it'll get confused and the lines I usually reserve the dark blue for my double whammy setups which are stop runs the dumb money puke into the waiting hands of the big money and so we'll come back there and let's getting a move into that red lug now I believe in Azdeh so I may pop out of this if this can't pierce through come on you can do it get up there so this is why I didn't want to short this market I don't think I've ever would have ever been filled anyway but I just knew this liquidity was going to get filled before anything was going to happen but I think this thing is in a roll so once we get above the spot gamma level which is basically part of the liquidity as well and I start getting signals and then I'm more than happy to go along this market as well I just wanted to get out of this area after my meeting this morning all right let's see what's going on here do you come up yeah we haven't heard any stop runs yet either wait to the way to these guys all these guys that bought all the last 14 hours wait till they start piquing it this is a straight trip here so it'd be nice for cells he has 150 contracts I just have never seen so much cell ice in this market ever just keeps coming in and coming in and coming in again guys you if you are just looking at a chart you have no idea what is transpired here over that just gives you if anything it just gives you confidence like okay well I know I got the big money behind my position it doesn't mean big money is always right but when you see it come in for 14 straight hours and then it starts to move away from the area like we showed and you can see it relative volume wise too but you know you're you're in the cat bird seat right I can't believe we haven't seen pukes yet the stop runs then those should be coming here shortly if this moves a little lower you should see it some huge stop room would be my my guess dancing around that their liquidity up here but so this is you know if I guess if this does not turn on profitable trade it's my own fault I should have this was close enough to that red log it was at two standard deviation the volume wasn't that great I should have just got out said I'm just waiting for a new setup so guys this is what markets do right this is why you don't get in a trade and put your stop some arbitrary 10 points away or something because you know this is probably gonna do this and then it's probably gonna go right I mean I'm forcing this to get through this whole area can it do that absolutely but this area is meaningless there's nothing going on here so this is when the algos start to take everybody's money that can't sit in a trade right that are afraid oh this is going to do this no oh I got it oh my god this is so painful I have my rent I don't know I don't you see what I'm saying like this is what these things are built for and they're 90% of the market 80 to 90% so don't be out of put your stop away from the volume event you know I say it 20 times a webinar but I mean it's the most important thing you can do was close to threshold but just swipe down there so I can reassess what I want to do there any questions Bruce no questions I just just to check a pretty educator lots of comments here in in YouTube from Peter and OD lights in Coop so it'd be nice for cells yes but no questions one question here from McCormick what do you do when assessing the strength direction of the markets value areas point of controls long-term trends order flow lugs how often do you check hero I check hero quite often I haven't looked at net gas ice ice for cell ND 150 contract so this is a new set I'll get to that here in a second I gotta hurry up and get this stop and so this doesn't swipe away from here so this is a new setup so I can go in ATR outside of here to stop out of this trade if this rips up right you know I was hoping to get to the red lug but I let the real-time buy in this is not I either get out at major lugs um of the full position or if there's an opposing setup so if this fails now actually is this right no can't believe your cell ice coming in this market I haven't seen that oh wait I've seen 10,000 contracts all right so top of this zone is 19 or is 4.16 so I'm going to go four and quarter points outside of here to stop this trade if this rips back in my face so this is pretty much at 19 so we're going to go 23 quarter to stop this out and you see because of the new setup I'm able to that sucks because I was waiting for a retest of this setup and that's done now because we have a new setup but you can see my stop I just was able to move my stop 14 points right based on the new setup so this is deleted if I can delete them from this here all right so I'm I will add to this new setup if we come down break that lug build new lugs and say nothing else came in and we retested failed and then I go short I'm not going to go short this into the because the blue lugs right here right we are below the you know lugs so normally I would get in aggressively but I'm not going to get in aggressively right it's in front of that blue blue lug that's at 1175 so I'll get filled here I'll see if we build in lugs and I can possibly get back short based on this new setup if I don't get stopped on this as it is there's another attempt at that red lug so this is what I'm talking about guys don't get out go don't be there is nothing here you're going to get this right yeah you're okay getting out at the extreme standard deviation but what I'm saying is if you're you know don't let them scary out let something come in and then place your stop on the other side of it positions on to meet different accounts all right so we're about to fill all this liquidity up here and his first two bands anyway this is spot gamma level so if we pop through here now resistance is going to be support and this is one of his major levels right so glad to go along there with a new setup there's been nothing in here the question is do I push my luck here in NASDAQ we are again right we're close to the red lug so I'll give this a chance if this this stops flowing here I'm just going to get out of this and I'll wait for us to bust through make new logs I do think we're going much higher but it doesn't mean it's going to happen right now right this could easily come here tag this and then do that this is definitely help me stop by and there you go 169 Tom now I can trail my stop based on this new setup where I don't have to necessarily get out at the red lug here's your stop from 170 that's threshold throughout the zone this is why you want this sweeps indicator really helps you pinpoint it too so you can see there the the blue bubbles the black is the response of selling that was in the order book the blue bubbles are the market orders that swept right through there that was the part of that stop run obviously normally I would just be out here at the red lug but I this has so much going for it on the long side I'm going to now trail my stop based on this new setup so I will be giving back quite a few points here 38.59 so I'm gonna go 40 points below this I'm just gonna hop out of this I'm gonna take my money and run because the reason is if I get back 40 points I'm basically giving back most of my profit plus we have a new setup here right so if this were to hold say this just does hold and it starts to rip higher right which it probably is because there's liquidity you know we're going there at least if we rip up we're probably going to build new lugs and if I get a retest failure of this zone I can go I can just get right back in my lung yeah I'll be costing myself some points but I feel much more comfortable than that than at extreme standard deviation right at the right at the red lug right so this is why I got out of this and I can always get back in I do think this market is going to keep ripping higher but I'll get back in then there'll be more setups and I'll get in again worst-case scenario if there's no more setups like I said if we move out of this zone retest fail because it will probably be right at the new new yellow lug that's why I'll wait for that retest fail I'll get back long I don't need to try to you know hold in hope this is telling me this is an area where this could stop for right now and I'm fine with it and it does rip through here again extreme standard deviation red lug and I think we're actually in a zone too let's see at least I settled down I was definitely on tilt there for a second because I couldn't even get my stops and then all my accounts and it just threw me off and then we're also at this same area that we failed yesterday or a couple days ago right it's only tail the zone that led to tail tail this is fed day right so this is not a bad place to get out if this rips through here then fine I'll get back long fine with it but I don't need to hope that it does it I'm out now wait for your setup that's the beauty of using real-time volume if you are staring at this chart and you're long you're like I don't know what to do here this is this is such an important area this is what led to this and this is led to this and I don't should I hold it should I not let the real-time volume setups tell you if you should hold it or get up right granted I didn't technically wait for this to fail but I'm using other things like the lugs right so if this gets 40 points below here then this is actually a dumb and dumber setup meaning the dumb money puke no real buying behind it and I could actually take a short possibly I'm not loving it based on everything we talked about but the other thing you got to realize is this market is truly bullish you shouldn't be seeing bearer setups right so that's and we talked about in my room all the time you want to you know trading is never was very rarely so clear cut where everything's on one side so we say you like this old-time scales you have a scale here like this well you want to weigh the things right so we've talked about all the bullish things so you've got all these things going on but now this looks like this may be one of these so it's like okay well you put that on this side of the scale for to be bearish right this is bearish let's put it negative this is bullish so if you get like the times you get everything bullish well that's an A plus trade and you should be trading bigger right so if you're risking six percent of your account size on a given day for instance if you get an A plus trade you can risk four percent on a trade we talk about this all the time in here right so right now my risk is set to so you got your account size two percent that's all you should be risking on a trade and then this this is part of my room don't even ask me if you can have this this is like one of the perks to my room because you're in the room you can have this but this helps you decide based on your account size right how much you should be trading to only be risking two percent of each trade but what I was getting at is if you get an A plus trade you should never be risking more than six percent of your account size in a day right there's always another day just stop yourself I'm not going to do on that rant like I always do but an A plus trade you can risk four percent so I was telling you guys told you guys many times when I got back in the business when I first started to watch bookmap again I was jaded by future by even ESP because that's where I made my millions of dollars and then I lost I had PTSD and I hated it and I just I still don't like it that much but I was going into stocks I was going to trade stocks so I trained with SMB they're a big stock firm Dr. Brett that's who introduced me to that's who I mean his book and he introduced me to bookmap and he told me about SMB so I started trading for stocks so I'm like I don't want to trade futures anymore so one of one of their things that they they actually ground their traders if their traders their traders have to literally come up with playbooks which you guys should always all be doing I talk about this all the time I rant about that as well but if they get a setup that is an A plus setup and they don't put more size on than they normally do they're grounded the next day from trading they had they put them on the simulator right so you should be in the same way if you get you use the scale you get everything in your favor so for instance if this was you know turn into a bullish setup everything we talked about was bullish now you have a bullish setup that's an A plus trade you can and we're breaking out of that market profile to composite so on and so forth you can put 4% on that trade but this is telling you something that this did not hold and go higher at least for right now right you should be seeing bearish setups this was the bottom in this zone was 2250 so this gets 38 is the ATR so this gets 38.08 this gets 39 ticks below here this is an officially a bearish setup that's 82 50 83 50 so this such as 83 50 this isn't officially a dumb and dumber setup the dumb money puke no follow-through this is why I got out right I don't I didn't need to let this come back 40 cents or 40 points so that does that I'll potentially short this again I'm using the scale I know I've talked about being long this whole webinar but this is an important area where this could fail if I can remember where my charts are just look at this but it's really nice for by the s 152 contracts the rare soybean by ice it's going on in there I can't I find this chart this is an area this could fail I mean I don't we talked about this all morning I think this is gonna rip but this has failed tell tell huge sellout tell sellout didn't quake it up here yet but this is an area if it comes back to test that stops no I probably give a shot on the short but we'll see the scale isn't huge on the short side like I said but I might consider it and there's your ATR so this is an official and technically what I should be doing I know I'm going to be fusing you guys so at the lugs at the major loves the red love the blue love I get in my setups aggressively meaning I should already been I should be sure to you right now I'm not going to do that because there's just too much going for this on the long side like I said and we still got to get through this but if this pierces this this is the this is the zone I got one on right if this pierces this and I start getting short setups then I'm more than happy to show but I'll just wait on that sometimes you got to use a little judgment not everything is black and white all right stopped out it sucks but I still think the major moves come in of course pretty much to the exact price as usual it's upsetting I had I had limit down in my eyes but this particular short setup is disqualified right because we had a full ATR above here there's the first setup in there I'll come back to that I don't really want to go along that market after everything I've been talking about but again why am I seeing a bullish setup in there now I'm just I'm getting rid of these other zones because they're giving me headaches obviously traded above and below and you got some new stuff here I don't want to confuse anyone anyway let's know you can see here 1300 by ice first setup then since this webinar the major spike happened that's basically that it's the color for the color blue is by ice all right that's step one next we want to see what the ATR is the ATR in here is 8.75 a little over so we'll say nine points likewise we're still below the yellow lug and you can see these algos kicked in here you had yellow lug and extreme standard EVH and VWAP there you go that's what happens a lot of the time when there's no real money point as far as this stuff you can see we just couldn't hold couldn't hold it here either this is a composite but on this particular day it couldn't hold outside here and now it looks like that's happening again so now there's some stuff starting to point to this could be and we know this is this major spot gamma level this could be the end of this move for now so we are the below the yellow lug let me just refresh you to make sure they're updated with Sierra Cher you got a refreshing a lot so Sierra Cher it's obviously cheaper but but she has some for Ninja Trader and I think she's testing other platforms as well you can go to her website they're called Ludwig Levels Ludwig Levels dot com your free free three day trial so you saw him on the book map webinar and she has like special pricing and then you get even better pricing if you remember my room but that's what they are Ludwig Levels OUD WIG Levels to go short this aggressive ice iceberg by GC 151 conference again I didn't want to trade this area base and I didn't want to trade it before based on everything that's been going on in here it's a whipsaw city but I may you know this this just had its chance up here like this should have just plowed into this liquidity it still scares me I still think this will be filled by the end of the day but doesn't mean it's going to be filled right now right we're day traders so you could trade the other side or the other way depending on if this breaks or not so even though I'm not very excited about this that we'll short this aggressively nine points below here which is an ATR puts me at 75 25 living this trade but again if this is truly bullish this area is going to hold and we're going to win but for me to go along this setup because we're still below the yellow and this is the way I personally play it I need to see full ATR I need to see a retest I need to see a failure and then I'll go along that's my preferred trade based on everything we've talked about today again the market doesn't care what I prefer but I'm just saying based on my thesis I think this is going to rip right but my main driver of my trading is real time volume and it should be yours it shouldn't be charts it should be this yes you want charts to guide you but this is what's happening here and now right so if this turned into a bearish setup I'm willing to short it I mean what this isn't like a ridiculously you know bullish area we haven't broken out if we break out of this balance area then yeah that's a different story right so if we definitely break out of this and we're right here and I get a short setup do I want to take that setup absolutely not because you have this trade for the last however many days all the longer-term shorts in here are going to be puking do you really want to stand you want to short right here in front of a puke I don't but this is a different story we're still not convincingly through here so I know what I said about this and yes this is why my thesis is long but if this turns into a short setup I will take it and you never know we may get through this if this gets through this we're coming back down the lows recent lows I should say but that's getting a little bit of myself my point is I have my thesis I mean you see this liquidity I want this to go higher I want to be long but I will take a short here if this fails because it's real-time buying shouldn't fail this iceberg area buy I should not fail if this is truly a bullish market right here and right now and that's why we use this that's why I use this this is why the most powerful thing I've ever seen I don't know if I've ever mentioned that before any questions Bruce see nice winner but this this is really upsetting but technically I should go along here right yeah here's your latest sell ice here's your atr where I got stopped out outside of an atr here's your retest so actually if this gets up to here I should be going long I'm just very very very very nervous to go along this market because I've never seen so much sell ice in my life again I don't make exceptions very often but when you see something that you don't usually see you don't want to just ignore it and play these you know these setups in the vacuum I know there's so many caught traders above here even if this does rally you are going to be met with this probably all day so I'm not going to go along I'm just looking for shorts if this does rally and we get some new sell ice then I'm going to go short again again I don't I usually am black and white with the way I'm trading these but this is a different scenario I don't want to go long doesn't mean it can't rip but I just know how many traders are underwater that have been buying into the sell ice since last night at 8 p.m. right and it was a nice trade I mean that was a good profit I was getting greedy I thought this can go limit down I still didn't go on it down but just it's not ready yet so that's that let's see what happened in gold more buy ice so this is disqualified because we got remember ATR was 20 tex it's definitely got 20 tex below this zone so this is this zone is disqualified as a long set up but we have something new here it's not quite threshold so just wait so let's see what happens here again I prefer this to break out of that market profile composite anyway before I go along so and I hate trading gold lately anyway all right so now this yes trade or this is an official titanic setup ATR is 8.88 did this get nine points above the top of the zone sure did this was at 86 that's more than an ATR could I have taken this aggressively could have but we're below the yellow log I personally wait for ATR retest fail does that mean it's going to retest absolutely not that's the way I traded because we're below the yellow log and I also know this is an important level if I do miss this trade I'm hoping this can get above this 3800 and then there's going to be new setups and then I will take this law I'll take the new long that I get and I will write it we're very likely to get up to this where I love today 3866 would be my call so we'll see and here we go here's another attempt to try to bust out of this here attempt to break above the shield of love so if we do get retest failure that zone I'll go along or I'll wait for something new and I'll go along here and then if it gets above the yellow log I can go along aggressively too I don't have to wait for retests I'll check your volume nothing great so this NASDAQ remember we dig in an ATR below here and here's your retest so this is going to be telling if this goes here retest and just bust through here without a failure then that's just telling you okay now any new long setup I'm in we'll have new lugs and then we're going to rip to the probably the new red load so just need this to get through this red lug here and build new lugs and I'm going to be all four but the other thing you want to notice too is we're heading right at this time of day my absolute worst time of day where I've given away millions and millions and millions of dollars going back to my scalping days between 10 and 12 sexual you want to be very very that is when the very careful that's when the big money New York starts to go to lunch and then it's just free free for all elbows right and this is why I get killed I show you this every day every time I get on these webinars I'll show you again it's very painful but I need to keep doing it because I keep trading at this time of day and you can see here how's this time of day worked out for me pretty good so this is just on this account this isn't counting the millions of dollars I've lost like I tell you guys every webinar I used to go home literally I would have to physically leave the office so I would not trade because this would happen to me look at this time period terrible this is recent this is unusual nine o'clock usually okay but this is this is pathetic just leave it's like literally like I'm a monkey with sticking my finger in an electrical socket thinking this time it's not going to hurt right like no come back right this is showing you nine o'clock this is not this is me it's 10 o'clock and it's just still showing me mom's standard time remember I'm on pacific time right now with the time change so anyway be careful of that too it's you know if you get this time of day and then you don't get real good relative volume coming in you're probably better off not trading so you can come up with exceptions it doesn't mean the market never moves at this time of day but you can say for me to trade after 10 o'clock central remember I'm on pacific time I need to see at least 150 percent relative volume or more then I'll trade if it can't get there no go that would be very wise if not you're going to get out of that most of the time the gas we get out of the zone zone too there's a hundred thirty tick zone but this is a big size 285 it's almost 500 it's over 500 actually so I'm waiting just waiting to see how we break out of here to see how I'm gonna trade that again I think we're at the normally at the blue lug let's see we're doing new lugs so that's good right so now so when you build new lugs what should happen is if this is truly bearish lug wise right you want to see how we built the new lugs well you want to it needs to hold prior blue directional yellow and continue down if this gets above this prior blue that's telling you something's not the least short term right and then now we have a volume signal here too so I would go along that even though bigger picture I think this thing is going to get killed that doesn't mean it has to happen right this second right we could do a pop back because like we said this was such an important zone here so but prior support is now resist we could pop back here and then die it doesn't mean we're going to do this right away and the volume is telling you that's probably not going to happen you shouldn't be getting I mean we haven't busted out here to make this a bullish setup yet but if this turns to bullish once again if this is truly bearish and we're going to do that you shouldn't be seeing bullish setups once again you're staring at a bar chart and you're short here you're like yeah I know that this is very obvious stuff right yeah I knew we got through here this thing is going down another 800 texts blah blah you have no idea that 500 buy ice just came in the market do you not think that is important I do because it is right so if you're short you have no idea this just came in and you're sitting you're hoping that this buy ice is wrong I don't like hoping I let that tell me if it's wrong then I'll go short other than that you could play this alongside and then all the shorts are going to be like what the hell man why did that stop well the reason to stop because a big big player came in about 500 contracts which is a ton in this market it's on top of trying to buy up here as well this isn't like 260 but this is this is a very important area we're not a guest Bruce what time is your other guy start uh tom starts about 10 minutes okay so hang on for a minute remember I'm under the weather too so not a little pig let's stop me out right to the tick and that's fine again I mean it's not I'm not happy about it but the blue loves right here I want to see this make new loves get some new signals I still think this is going to go limit down today I don't know what is the official uh it's down 55 cents I honestly think this could double today if we start rolling down hey look what's down here I wonder if that's going to get filled anybody anybody want to bet we do this every almost every webinar anyone want to go tag this today remember this is not hey look at all the support down there I want to get long it's hey look at this look at this liquidity down here the big money is going to force this market into their order so they can get filled that's a pretty decent bet too that's 20 plus cents that's 26 cents away I'll take any golf bets anyone wants to bet around the golf I'm they have your email I'll bet it around the golf we tag that before we touch the other way so we'll say 26 cents the other way that's the bet all right here's your ATR let's see if we get a retest failure not a long yes this is a qualified as a short setup obviously let's see what's going on fix this just in the range 80d is really nothing 800 this is your synthetic thing thanks docs really nothing here and then so this is actually an important area if this gets above here as far as this you can see this was balanced yesterday this is directional convection we retested this morning now we're up here if this gets through here this can be a fail breakdown of this stuff it's the same stuff no matter what market you're looking at guys same stuff ticks pretty benign today too it's not really making major negative takes that's something you want to watch right that means the highest ticks are for the upside so that's that's definitely bullish as well we're going to retest before I hop off here did the crude number come out I didn't hear him announce that well paul's talking up to grab forgot about that so usually guys if you got to be careful right it's just like it to like today when I when I lost on this ES trade I took a I took a trade we went over this but I took a trade based on these setups over here before the number and then when the number comes off comes out all bets are off it's it's brand it's a brand new situation right brand new money can pour in the market so you want to be very careful playing prior setups into a number with paul speaking it's like a number every every word out of his mouth so I will take this trade but you got to be careful when the fed's talking which is like eight times a day it feels like lately the bets could be off the table here stop stop sell and queue 495 contract like this right it's like this is a whole new ballgame now and he's going to continue talking probably for a couple hours so you got to be very careful it doesn't mean you can't trade so he has 153 contracts it doesn't mean you can't trade but you just got to you know you got to accept the results if you lose it's because everything out of his mouth is like a brand new number this year so I can this is a huge step for him for NQ the lungs are not feeling very comfortable right now obviously so you're pukersky right there so let's see if this turns into stop and hold and continues lower it turns into a dumb and dumber that's that here's your retest of the zone so now I got to say to myself do I want to go along the zone it's a brand new situation paul's chirping I will play it but this is at in here if you're playing this you know this is not for me to be mirroring my trades like we talk about time it's for you guys to learn how to trade yourself but if you are mirroring this you know if you lose on this trade you've got to accept the fact that he's talking and it's like a brand new situation now right so it's 8.95 is the atr so I'm going to go a little outside an atr here bottom of the zones nine so 86 25 so it's 96 25 is 10 points 95 75 will be my entry so $5,000 of four week bills previous this is this this is a definitely an atr here's your retest I will take that but I'm under no illusion that this could be if he says something negative this thing could just swipe down so if you're if you're taking this long be aware be be aware like it be aware and be aware all right um so let's see there's one more thing in cs i'm an op off here so in announced if you remember the subchart it's net net so if there's by nice and so I advise you beat 507 contracts I'm going to get into that right now but if you're not seeing like if you're if you're confused you're new to book map and you hear the voice fire off and then you come down here like wait a minute you just said 150 sell ice how come I don't see it it's because there's dueling it's just this is net net so if there was a thousand bias thousand sell ice it's going to show zero on the sub chart doesn't mean the area is not important but you know I usually draw my zone is just based on this on the spikes on the sum chart but if you're something ridiculous and you know you could you could draw the zone even though it's not showing up here and that's why you want the icebergs on chart as well because that helps you see the actual areas let's see what I got here for my threshold I thought I was going let's say 150 all right guys so I'm really watching this market I definitely think we need to limit down today I want to see new logs here and the new setups now re-enter my short yes I will take this long but I am very cognizant of the fact that Paul could trip something and that's going to be a nice loser and then this is your major zone here so I'm not going to go we are above the old log but I'm not going to go aggressively long and queue until we could see how we can't bust this red lug right so on the short side you could short this aggressively because we fail with the red lug but I will wait I will go short this market but I need to see in the situation based on everything we talked about today I need to see ATR retest failure I will short this and again I know Paul is talking so it could mean nothing if he says something new that's about it I would watch this natural gas area whatever way we break out of here should be a whopper as well out of this 500 by eyes and then keep an eye on gold there's been by ice today I haven't seen ice in here and feels like weeks this this zone was disqualified but it looks like it's still coming in so just keep an eye on gold too I think that the move may be to the upside I don't know if you want to skip that market I wouldn't blame you either all right Bruce I saw I got unless there's any other questions no no I think that's it I've kind of answered a lot of the questions in here already and yeah no great great stuff Scott I don't know if you've looked at our new DOM and execution pro I'll go over that with you maybe next week or or the you know soon uh but uh yeah some interesting things in there I just wanted to go over and share with you so yeah I was waiting for someone supposed to contact me about I didn't get any of that beta stuff oh okay I thought I thought I thought they connected you with all that I did not see unless I didn't see it did they do it through discord or something email because I didn't see no they should have done it through through slack but anyway anyway we'll we'll chat about it okay yeah I didn't see it but I definitely wanted to I'm always yeah sure well probably something new and see what other edges you guys come up with yeah yeah yeah so yeah for execution you might be interested anyway I'll I'll share it with you some really great great execution tools in there for very very quick entry but anyway yeah thanks Scott and we'll we'll see you next Thursday awesome thanks everybody hopefully you learned something today and I'll see you next week thanks okay all right bye bye thanks