 How can you see what good morning traders and welcome to the how can you see what? Bookmap live trading morning traders and welcome All right, this is Bruce at bookmap and so we're going through the live analysis today We do this every Monday Tuesday Friday 10 a.m. And it's all in line with our educational course for those of you who don't know that We have an educational course that's on our YouTube page Or from our educational page on book map. In fact, that's probably the best place to go check it out If you're interested because it will provide you in here. I'll show it to you here It'll provide you with a really good overview Of what we're going through in this in these live events here So if you go to the more button or just go to education here on the book map Toolbar at bookmap.com That'll scroll you down the page here about education and then you can click here go to education And then go through the course content. This is like an onboarding or a path here about learning bookmap and how you can Start get started here go through the basics and then the educational course is here parts one through four It's available to everybody So it's free. It's a high quality education We feel and then we have these advanced webinars where we go through that same course content In the live market so you can apply exactly what you learned All right, for example, let me just show you here something We did Let's see here a video yesterday and I show you where it is Hey a video yesterday, so if we go here to to book map On YouTube and you scroll down under order flow education videos here. I'll click on the playlist It's at the bottom How to read order flow inside candlesticks is 12 minutes long 12 and a half minutes long here And I'll put this link into the chat for you But this is exactly what I mean. We cover something here in the education and Then it's covered directly in the live market and you can apply precisely what you've just learned We find this is a pretty good learning tool. So we back up, you know, what we're Preaching here. So anyway, you can take a look at this here. I'll share it for you guys or in fact Let me show you the link here in Twitter. We tweeted about it here Yesterday, let's see here. Just go through a few things. Okay, so a little bit of housekeeping here I'll talk about this in a second the Here's the the YouTube In fact, I can copy this and put it into the chat for you Okay Hold on just a minute Good morning, Lewis. All right. Yeah, here you go. Here's that that link And that tweet there I put it into the discord room Let me put it into YouTube now, too Okay, so here you guys go okay, so Yeah, that's something that our education goes over right so we also have live trading but Jay trader a stocks trader on Wednesdays And then Scott will see me on Thursdays live trading for futures Socks and futures so really offer a pretty complete package here for those of you looking on Learning looking to learn order flow and apply that to your trading All right, let's go through some disclosures and we'll jump right into the market and also go over that event That's coming up from a partner of ours General disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific Investment advice nor recommendations risk disclosure trading futures equities and digital currencies Involve substantial risk of loss and it's not suitable for all investors pass performance is not necessarily indicative of future results All right, so Let's jump over to the This Twitter I just wanted to go over this here So we went over the candles and then upcoming event here from one of our partners at compass FX here You guys might want to check this out starting a next Monday August 8th All week long they're offering this free event here from an from an excellent trader I think he's one of the best traders I've ever come across And you might want to check this out. All right, so it's free And he will also go over book map this trader Ray is his name And he'll go over order. He'll go over a lot of things things that you might find very eye-opening Anyway wanted to mention that I get that message message across to you guys and we'll probably have some sort of Crossover with with them as well. All right, let's jump in to the markets here and We'll take a look at aloha crypto surfer Let's jump into the S&P unless you guys let me know what you want to take a look at we can look at other Instruments as well Interesting stuff here. We'll go over the big picture in just a second, but you know, here's what's going on here beautiful beautiful numbers from the non-farm Payrolls look at the result Okay, huge huge sell-off now This is a huge retracement and we would assume something like that would take place the numbers were really good So so anyway Yeah, you know buyer people are gonna come in and buy it these lower levels down here And it came down to about the low here is around just below 4105 never touched the figure of 4100 And and we can see the the move back up now pretty strong buying coming right back in right? So look at the dots here. Look at the dots over here. Okay, we've already retraced back up to this area here 41 40 Where there was previously? Liquidity on the bid Let's zoom in here. Where are they now on the offer? Well 41 40 also here 35 They're on the bid still here bidding up at these levels here. So let's see if we can get up to 43 45 We're in a pretty strong uptrend in this smaller time frame here after 10 o'clock and Yeah, would look for continuation here until we see something different right so looking for our buyers right now Want to see the bid though light up here. We did not get our buyers here So we are getting that retracement immediately here. Sorry. I need to cover this Live here and it's going rather quickly Exhaustion here sellers here back down to the bottom of the range likely to 38 here But I'm we're still looking for this move back up to 43. Okay. This is just a pullback right now We're looking for Buyers up here and we just saw that we didn't get them here. Okay, so now we're coming back up to retest that Let's see if we get our buyers now See you can already see they're pulling liquidity here at at 41 50. All right looking for our buyers our bid looks a little bit better here Let's see if they can add a little bit more get a few dots in here green dots and then the move to 43 Hey, here we go again another retest. Let's see it. Let's see it buyers. You got to show up right here There they are let's see the move 43 and then let's see if we can get of you and hire here We're looking for 45 maybe 50 Let's just zoom out here and take a look at the bigger picture This is where a drop from up here around 55 or maybe even 60 here All right, so that's the the direction we're looking for here. There's 43 already There's 45 already Okay, let's see if we can get higher here. We're still looking. I mean 50 looks great We'd love to see it come up and trade 50 here pretty pretty strong buying too guys so looking for the continuation here but We want to see more and more buyers up here Auctioning up here There we go a little bit more Okay, let's see the bid is the bid supporting it. Yeah a little bit. There we go. Let's get to 48 here Nothing up there. No buyers up here. Here we go. All right buyers. You got it and let's see if they can muster Another stronger move here is look at the bid starting to show a little bit of size. I'm the offer. I'm sorry Yeah, yeah, so Want to see that bid here strong Not this we don't want to see this here. We don't want to see the offer like that Well, that's how we get our pullbacks here or it leads to pullbacks Okay, reading the heat map in here had a really nice suggestion on the on that candlestick video To you know add in how to read some of the heat map in here In a more concise way or just you know focused on the heat map here Okay, yeah, well you can see I mean this is hindsight at this point But the exhaustion up here we found we we saw some On the on the offer here and we found some sellers. Okay, so we're looking for a pullback I'm kind of surprised to see it pull back all the way to 42 I was looking for just a pullback to this volume cluster in this liquidity here But yeah, they some of it traded here and then there's just more sellers able to push it through Okay, still looking for another attack though back up into 47 Okay by the buyers All right, this is where we just saw that break out. So looking for support here on the bid they are here at 41 Maybe we just need to get some buyers here And then move back up into some of these areas here at 44 46 47 there's 44 And Let's see if they can continue. We're gonna get a nice stop run here. I'm pretty sure let's let's add in stops and icebergs There we go. There's our stop run. It's over here. Not so much over here. It's kind of interesting So buyers are still in it basically. Oh, let's see here Yeah, let's see That's a spam there not appreciated. So we're gonna take you we're gonna boot you out here in the discord room there, so Yeah, that's not not appropriate whatsoever Okay All right guys as I was doing that here here's that retest and and continuation here looking great for 50 All right, so this was a pullback now I'll cover this here because this I know there can be questions in here. It can get tricky in here and And and especially when we start to getting at more elevated levels here on this move so This is what we look for in pullbacks or Yeah in in pullbacks now. This was a strong move to the upside It was also a Because there's strong volume behind it, but the move back down here was on lower volume So this is a low volume pullback down to right back down to where it broke out from here at 41 50 Okay, and we're through 50 guys and we're still seeing the move higher here likely going to 60 then and The swing this is what we're looking for up here 60 and just think of all the people that are short in here and they're gonna be placing their stops probably around 60 Maybe 65 70 up here 66 something like that All right, and you know, this is a strong move on the buy side. All right, so Still looking for this to go higher basically All right, so anyway what? Just in terms of the order flow and what we're looking for when we're reading these kinds of pullbacks here okay, so We're looking for buy nice buying here. That looks good. I would look for the continuation. It didn't it pulled back We had no buying here very little buying here and selling coming in that I should have been kind of a little more keen on and in and Analyzing this a little bit closer. It was when I saw the bid here or I'm sorry the offer starting to Show this liquidity here and the reaction was selling Yeah, that's what I'm looking for 44 and then that was it I thought we'd bounce off of 44 in this cluster of Volume here on strong moves. We look for shallow pullbacks Typically in the order flow because this is a strong move right a full retracement all the way back down here is Typically less likely okay now Even though they're down here. We pulled all the way back down a hundred percent move from the breakout here and retest this area We're looking at the bid and we always first cover and assume that What we're gonna get here is the Support on the bid Okay, we're gonna find demand down here. We're gonna find buyers. This is a strong move. So this is a deal down here We did get that here They're bidding in these areas here And we don't really see too much activity in here. We're looking for that retracement maybe back up into 44 You know, etc The we did get that we pulled right back again and the bid is still strong here though All right, we're looking for buyers then What's the reaction to the bid? Okay, let's take the volume dots off for a moment. Let's just look at the heat map Okay, this is probably clearer now The reaction to this liquidity was the sellers didn't test they never tested into it In fact, we found people kind of veering away from it And then they're bidding up at higher levels in here and here and here Okay, also, you know here and here. I mean to begin with Uh, so you know, we have a kind of um an understanding of the condition of the orders in this area That they're they're bidding up And we have also a reaction By the participants on the other side the aggressors They didn't they didn't want this liquidity So they're going to go after this liquidity up here and here and here And they even pulled in these areas as well as you guys can see All right, this this probably transacted here, but very little here and some here But not not all of it, right? So that's what the order flow is telling us in here. That's what the order book is telling us Uh, and we're looking then for drivers the drivers of the market the aggressors to be moving price away from this area here All right, and that's our pullback here now. This is a deep pullback Uh, and uh typically like I said on on the um on the stronger moves we get more shallow pullbacks and continuation Uh, in this case, we got a full retracement. Uh, and then we got buyers coming back in again All right, so this is how you can read and and put together the pieces Of the heat map and start to understand and utilize the heat map So this makes sense to you guys. Do you have any questions on this? Hey, this is um pretty much the abc's in here, but it's it's a good review for people and to to um All right, thanks. I'm so bad. I know you I know you've been over it a million times. Uh, you've been in here for a while uh, however, I mean We're kind of covering in different different ways in this case. This is what The traders are telling us. This is what other participants are telling us And we can see the reaction And that's what we're reading and that's that's all about the order flow and this can provide an edge All right Okay, so Uh, let's continue on Uh, the Well, there's another scenario though that we need to go through in here All right, and this is important Uh, key levels depends on where we are maybe in the bigger picture obviously, um can can make a Have an effect on this if we're at a key level on a on a higher time frame Uh, however, what what the other does opposite scenario is here Wow, we got a full retracement down here. It doesn't matter if it's on low volume Okay, this is a low volume pullback and it's a good one here Uh, then then the higher volume starts to pick up in here Uh, and then it really starts to pick up in here. So we're looking for the continuation, right? Okay, so we covered that a million times Uh, what I want to cover though is like the opposite scenario is and we've seen this many times this can be tricky where We have the move down. We're looking for the bid Uh, and uh, maybe they don't show up To begin with that's one really good clue Uh, maybe they're on the offer pushing it down. These guys up here are down in here And the reaction to that liquidity is more selling If that's the case, this is going to be um a pivot point for us here at 41 50 And we'd be looking for the sellers even though it's on low volume on the pullback They're going to push it looking for them to likely push it through back down to the bottom of the range here Or maybe even continuation further All right, so this area in here can be tricky But we look again at the condition of the orders in here to give us insight to where it might go Or the another scenario is maybe they are on the bid here, but we just find massive sellers Maybe there's a lot of sellers coming in here. It wouldn't be so much a low volume pullback At that point It's another variation And then we find them take on that liquidity and still have more selling pressure and trade through All right, so this one played out as we First the first scenario we always look for is that it's going to be supported here Because we know this is a strong move The secondary and tertiary scenarios here for the move through it Is you know looking for less support more Supply and And resistance at a lower level and then also finding more aggressors in here Okay, move that through that area here. Okay reject this move this breakout here All right. So anyway, just going through those scenarios here. Let's see where we are back in the bigger picture here All right, so we're Still climbing here And back up we've kind of retraced back down a few times Finding buyers again here All right now this one's a little bit trickier as well Here's why The structure higher high here, but a lower Low here below this swing And then we we failed so far to make a higher high here. Okay starting to find some buyers here. That's good Uh starting to bit up here. That's good Okay, but we're not we're not making up an equal high here Uh, we're not we're not finding the buyers yet. Okay now we we we made that Now we're talking about swings here and we're talking about market structure All right, so We're looking at You know starting to understand where the price is auctioning Uh in here or at here up in these levels here All right, so what we can see that a battle is kind of starting to ensue here Uh just around 10 before 1024 here All right, so Buyers up here did not make a new high Uh sellers in here Come down to this level here. We're right around the figure at 41 50 and we're bashing around quite a bit Okay, so what do we do? Nothing Uh, we're we're reading the the condition and we don't really know here What's going on with all the different orders? We do know there's a lot of supply here Uh, the 245 here. Uh, they're layering in here. Is it a spoof? Okay, look at one player here on that large lot tracker 240 230 they're holding about a third of it Uh, and then 148 up here probably the same guy Here we go. Now we're getting some insight Okay, well buyers took on these guys and traded into and through Now can we get buyers up here? What's the condition of the order book here? All right, well they pulled here Okay, they kind of flipped the order book Uh a bit, but uh, we had buyers through it Not up here though retracement back down and now we're looking again here. Do we see sellers below here? Not really So no insight We're not we don't really know condition of of the market right now of the order flow or it We know the condition of it. We just don't have um any sort of strong kind of bias Our direction here Okay, if we get sellers down here Yeah, then then we're gonna be and do we get a lot down here? No Okay, are we starting to get buyers back up here? Not here is good, but I want to see them up here at 51 If we can get them up here at 51 Then likely back to 52 Uh 53 and and higher Okay, let's see now. We're getting cluster of selling down here Still really no insight here right now. Okay, so nothing to do Okay, now we're getting a bit more Okay, so sellers sellers did come in here Okay, now they've traded to 48 Okay, we could have read that I you know, I mean We're right in front of it here. I was going to mention it, but uh, uh, it it it doesn't matter. It's it's fine We it's not really high probability in here We do see the sellers though and then looking for a push maybe to to test 48 And I'd be looking for a bounce right out of 48 too And uh, not happening right now. Okay more selling through that area Okay, we're back into the range. Let's see if we can get our buyers around 48 50 and then a move right back to 50 and We liked that 51 up here right Nothing really shaken in the book their liquidity here. Here's here's a bit of liquidity at 47 Let's see if we get some insight from that Let's see if we can get buyers up here. Nope They're on the bid They're starting to transact though Okay, here we get some more insight from this condition of this, uh auction here between 46 and 47 trading right into 46 Okay pulling and trading at 47 still nothing Nothing convincing here That uh, uh participants want to move this market a specific way down to 45 trading there Let's just zoom out here Okay, structurally we are starting to see when we saw it up here the lower high and also this lower low Here again a lower high And we're making lower lows All right, the structure is a really important part Uh of understanding the order flow And then it's the within that structure we're looking for the volume and also the heat heat map within those areas To give us some insight It's pretty quiet today any, uh I'm a local cat in the hat there you guys are Okay, I'm so bad. So you're still working on the heat map. All right Well, that's good. I mean, uh, uh, look Whatever helps you The most what gives you the most insight So that's why we'll go through many different concepts in here on many different time frames as well and Many different instruments. Uh, just seems like most people want to look at the s and p and we don't get too much, uh Um suggestions for for others Uh, let's see slow down as possible to get the uh audio alert on the si indicator Uh, yeah. Yeah. Yeah, you should be able to get an audio alert On that Yeah, I believe it's uh here And maybe not so much on chart indicator, but the sub chart indicator Yeah, here's your alerts right here Okay You can even test it and you can you can even enable the tech you get a text alert and you can enable it Uh as well to give you that audio alert That's how you do it. You know the concepts of liquidity you mentioned are universal but personally find it easier to read In stocks versus the es. Yeah, I I would agree with that. Um, well, I I don't know sometimes the stocks it depends on the stock um But I think some of the stocks here, but let's just jump over to a stock here amc. All right What I find so fascinating about the stocks is the larger players Uh that come in and they just start They just park their orders up in these areas here. Look at the figure up here 18 Right over 3000 or is it 30? It's 33,000 Shares up there down here 31,000 at 17 and we're just in between those two areas So yeah, I would agree that uh, you know, you can really start to understand these areas here quite well the It really depends on the stock though And again, it what's really important is is the context between these participants These are where the buyers are their limit buy orders. Are there more sellers That trade into and through uh these 31,000 shares here Well, as you can see right now, they're bidding up here And we found the reaction to that they didn't even trade it And nothing even traded there. Uh, they you know provided only uh, Well 16,000 shares here and and we found buyers Okay, well, so what do we do? We came up and tested the top of the range here and there's still more buyers up here Right, so, you know, this is a pullback right now Right and if we get a ton of selling right here right now at 29 17 29 Then we'd be looking for a retest back down to here and then maybe here Okay, and then maybe seven and then finally 17. Okay the figure down here Uh, or if we get buyers back up here auctioning back up here again We already have strong strong buying in here. So we're looking for the You know buyers back up here and then the move back to 17 50 that would be the more likely scenario here I would say Okay, now we look at other things in you know on on kind of more micro timeframes or it's not really micro but uh, um You know, we'd be looking for that that support here in the bid Here and the reaction to that Uh, it would would be buyers here and and here's this is our primary scenario. What's the upside? Our second the secondary scenario was was this Okay sellers coming in now. Let's look at the sellers here Okay, it's not bad, but is it as big as some of these green dots in here? No Right, so let's see. This might be just a false breakdown then Okay, so we'd be looking for A new scenario here. What if buyers trade into and through this 30? Great on big big buying here big green dot Then we're looking for a move back to 40 And then back up into this liquidity here at 50. All right, and here it is. Here's your false breakdown Okay, I know I went through that kind of quickly, but You know that was the uh, we went through scenario one two and then this one uh scenario number three Okay, and this looks like the most likely now. It's in line with this liquidity or this volume here So yes, I would be looking for a move back up to uh 38 40 and then maybe you can get to 50 as well All right, so in here would be your entry someplace You know now, that's not a trade recommendation But it's just reading the order flow and a con consideration for taking advantage of that of these these guys having to flip out Okay, them having to be buyers back up here. Their stops are probably back up in this range up in here Okay AVP we have we can take a look at uh nq. I've got it right here Let me go through a few more questions in here. So I'm not uh Guys in youtube there, uh, you can jump over to our discord channel our advanced webinar if you if you'd like um Yeah, we'll take a look. Uh sam you want to take a look at cl got you Okay, fill your new welcome. All right. We're getting all sorts of suggestions now Okay. Uh, yeah, we can uh, we can take a look at some. Um, let me add in uh Apple let's see I'll see you guys You know, I'm only gonna put in a few here. We can't spend you know all day. Um, uh, we'll go through as many as we can but Sometimes I open it up with stocks and people are looking. Oh, can you look at this this and this and it's like Yeah, no, we we don't we can't do that. Um Uh, it's just it spreads ourselves too thin here. Um Okay, so I'm running into some memory issues here. I'm gonna close some of these Okay, we're not gonna look at corn and our wheat Now this was all from a webinar, uh that we had with uh dan grams and tick mill We're not gonna look at the notes Notes could be interesting actually, but uh, and we're not gonna look at the euro either. All right Let's pair that down a little bit Okay, in the meantime, we can jump over and look at the nq Okay, we haven't looked at the nq in a long time. Um Uh, Okay, again same same concepts though. Um, we would uh look for see the strong move here We would look for support here. We'd look for some demand here Uh, not seeing too much Uh longer term liquidity in here, but we are getting a little bit of a bounce out of it Okay sellers are coming in this is a pretty you know, it's a strong move up But there's a lot of selling in here And there's a lot of selling in here All right, so let's keep an eye on this area right here Okay at at 13 to 50 And I'm gonna get rid of the candlestick there Okay, well, there's some support here on on the on the bid here at at 260. What's the reaction to it? That's starting to find buyers. Great. All right, let's see them move it up to 270 272 Looking for buyers here and lifting the offer up to the top of the range And uh kind of with this NASDAQ we might be able to even get up to like 77 up here and this swing Okay, first things first though is this one at 70 And then 77 Uh, also like this kind of area up here around 285 Uh, and then 95 now i'm aligning some of this structural Areas here with liquidity, you know to just get a feel for where price might go here Okay, we're getting our buyers up here Okay, we're right back in the range though And testing the bottom of the range Okay, this is the push through here Uh that we we talked about now. I'm I'm still kind of curious like I I still think there's some buying in here Um coming down to kind of like uh this range here and and we'd be looking for the point of control in that range Which would be right here And it's it's bouncing off of that right now Okay, so we're back up here looking now now again like we we got our deep deep pull back here looking for those We're already there Looking for those buyers looking for them to push through 70 though. Okay, so now now we have a higher potential to trade up into Uh the 77 and then maybe this 85 level here as well okay The nq's quick mover as you guys know and and um We look for the follow-through immediately And then and then we get some pretty steep pullbacks or we can get some pretty steep pullbacks though too So what what I liked so much about the nq We covered it for years there Was the the quick moves into these areas here take your profits hold stop to break even look for the continuation type of thing All right, so this is a funny action here Uh, I thought we'd get to 77 at this point here. We're right back down here So there's some selling pressure in here too Okay, one more shot on the buy side. Let's see Let's see if they can Muster a bit more at this top edge Yeah, I think we're gonna get it. I think we're gonna get it here Here we're looking for 77 and then I think 85 would be next right Is that asking too much right now? Yeah, I'm still looking for it anyway, um Let's move on uh spy in the es you want to take a look at And we'll take a look at apple too Okay Here's spy a dug is our resident expert on spy and options on spy now and here's here's why Um, you know you're looking at hero indicator here in fact, um right now uh the um I mean this is they're they're on on the bid in these levels compared to the offer So there's more on the bid here Right, there's more on the bid here compared to the offer. This is a bit more challenging to read It's so heavily arbitraged and hedged and you can see that in the behavior of the orders by the participants Okay, so this is this is why it looks different Right, this is why they're so close to the market here now What we look for is this kind of liquidity in some of these areas here that stays in the order book for a while Uh, and we try to read that and get some insight and understanding from those areas Okay, so let's zoom vertically. Well, it would be up here at at 416 or so Okay, so, uh, it's different You know this this instrument is used differently Uh, and you can see it in the behavior All right, you can still read it, uh, you know, you can read the condition of these, uh, um Limit buys down here and see them pulling in here Right and the reaction was buyers. So, uh, you know, you can still read it. It's just uh, I think it in my Mine is a bit more Uh complex or a little more challenging to read Uh, and what we can look for though is that longer term high liquidity Here a 40 here a 1450 up here You can see them in the order book. It's kind of faint. It's not as good as 16, but Nonetheless, they are there Okay Let's jump back to our s and p and see what's going on here Boy, it's been it's all over the place Okay, we left off when this moved to the downside and the strong selling Counter by strong buying yet again though. So we're looking at some really, you know, kind of back and forth right now On the bid they're here on the bid at 41 40. That's good. Let's see if they stay there It looks like they're going to get tested right now uh, phil you you can you can do that if you want if you want to look at the the um If you're just a stocks trader, uh, and you want to look at the uh, es, uh, and then but then trade into the Um the spy Yeah, you can do something like that. It's just make sure that You know, you're looking at the spy as well uh, or you know Due to the introduction of the micro contract in the s and p e many Maybe that's a better option for you We have a really nice tool here in in book map where you can look at the es or the e many Uh, but you can and you can transact off of uh, this chart here, but Actually, you're not transacting in the in the e many. It would route your trades to your e micro Uh instrument. So, uh, that's a nice way to kind of reduce risk Okay Now let's take a quick look at apple and then we'll jump over to cl Oh boy Sam what what contract are you looking at? On uh uncrewed. I thought I had it up here. Oh, let's take a look at apple in the meantime Okay, let's get rid of the candles Are you looking at the august the q contract? Or no, we're on this we're on the september. That's right Okay, let's take a look at this, uh apple Okay, here's our 830 it looks very similar to the s and p except that we never this is stronger than the s and p All right, so, uh, you know the relative strength here, uh, you know came up and and and already tested above here Back into this liquidity at 65 80. It's curious. It didn't get to 66 166 but uh, we still may Okay, it's uh, yeah strong selling comes in comes in and we pull back to to 165 again Uh, however, let's see if we can get it's still kind of looking to see if maybe this can be a trap here So this is just one scenario I don't know if it's a primary scenario or not. It's it's there's really I think they're kind of equal here We're just looking at this in here and we're wondering or I'm wondering if we can get buyers back up here Uh, I don't a strong bid then we can get back up maybe to uh, 66 here All right, right now though. This is pretty strong buying at this lower area here at 65 so the the other scenario would be Well, let's see you can you can see that the bid is strong here Okay underneath Offer is kind of strong too Right, so still we don't really have too much insight Um, we're looking for one to pull and the other one to add Uh, and and and the aggressors to to come in here Uh, so uh, one of the other scenario here If we get the sellers down here then the the liquidity is down at 64 80 And uh, and maybe 64 50 here All right Not not much insight right now Okay, and and this is something I really like about uh book map in the sense that Look, we're reading the condition of the orders and the participants in the in the auction here What is it telling us? Okay, well, uh, if we can read this objectively it's telling us right now that There really is no insight. We really don't know and that's fine So we're just waiting watch Okay, even up here. Did we get buyers up here? Nope sellers or lack of buyers here. Okay. Well the seller Makes sense that sellers would come in here and maybe they're going to go into 65 and maybe even try to push through 65 here All right Just maybe down to the bottom of the range here. Maybe 64 96 or something Okay, the liquidity is right here though at 65 Okay, 4 000 contract uh shares All right, let's take a look at crude Okay, crude's moving Great All right the strong buying Pull back looking for 90 50 to trade To trade next Uh, the bid is is pretty um Pretty dark here. So, uh, they're way down here, uh at 89 87 Okay, I don't know what your guys insights are on crude. I I find the aggressor really, um, uh is You know, a lot of times we won't get a strong bid and it just doesn't matter. It's the aggressor in here So, um Be nice to see that this pulled an added higher and then and then find more buyers and then not only 90 50. I think we can get higher than that 91 Or 90 75 up here Yeah, yeah, let's see it here here. Here we see your aggressors coming in. All right, they're on the offer here But I think these guys there's enough buying pressure in here. I think they'll we'll get our test into 90 50 here Okay, the the one caveat here is we just We don't really see much on the bid here that that's all but the the buying looks good now secondary scenario Is here Okay below this kind of area here where it kind of broke out from it's it's a zone. It's more like that Okay, and if we get our sellers down there And big selling this is all going to be trapped then then we'd be looking for probably a quick move back down into here All right, that's the secondary scenario All right, it looks like the primary is about to play out right now. We're getting our buyers here I think we got our move into 90 50 Uh and above Okay, now how does that correlate here? Let's take a look at some correlations. Let's look at the s and p Okay, it's going the opposite way But the nasdaq opposite direction Okay So, uh, yeah, uh, that doesn't help So I don't know about that cl move now right, so so again, we're back to kind of Waiting and watching here and and uh, not getting much insight at the moment All right, some sellers here. Let's see if we get some more here Then I'll try to push it through and look for that scenario here I would love to see it would love to see it play out down into the these these levels down here Uh, just not a whole lot of selling at the moment and then here's our exhaustion basically Right, so we're just kind of still bouncing around in here Yeah, yeah, okay sam. So yeah, you're looking for um, uh, something in there as well to give you some sort of, uh Understanding of the order flow here. We're just not we're not seeing much We haven't looked at crude in a long time What this nq? Where are we in the bigger picture here? Okay, so, uh, yeah pretty very deep pull back here Okay, all of this has been uh has evaporated here. Let's see the es. How about that? Still stronger quite a bit stronger than the than the NASDAQ All right, let's see here. Let me get caught up in discord. Uh, sorry guys abp so you've been having some, uh uh Looking at the art, um Yeah, I mean no, I mean really, I mean there's it's not so much art It's more the condition or I mean, you know scott refers to it as a kind of the art There's the the science or the fact and then there's the art Uh, and I think it's more of kind of, you know, just reading the the the intent of traders or the reaction of traders and also their intent And and putting those pieces together And that's the edge And I think it can be boiled down into um something more tangible There's nuances to it, but basically it's these three elements here On this book map chart the price structure. Okay tells us a lot Look like for example, let's just take these off for another minute here. The price structure is telling us Like right now it can't get back up into this area here. In fact, it moved away And we do see buyers try to move it back up there. Okay, but it can't get up there yet now if that's the case And we get another retest up here and we do find buyers wanting to move it back up into here That's something different and maybe the bid starts to light up here. Yeah Now we have something we're looking for traders that want to move it back into this area here And you'd be looking for first off probably You know a high volume node or where a lot of traders traded and then also other sides of the ranges here Right. So here's our move right now. I'm assuming that there is strong volume in here Okay, so then now let's take a peek Right Okay, and this we're talking just structure here. Uh now we're going to add in The volume and here it is the volume was telling us something Okay, the orders were telling us Well, what what traders thought now we didn't get much from the order book until here And and we don't even they're kind of fickle in here. They're starting to kind of pull and Like I don't know how how much they really want to buy here It more it looks more like they just kind of want to push it back up into like 45 or or higher Yeah, see see they're pulling in there right There's another another really just quick example a quick read About understanding. Okay, the structure we pulled away We retested here. It couldn't get back up. We pulled back again And then we need to know the volume though. So if we don't have the volume We don't know if there is strong selling here or are weak buying up here If that was the case, then I don't think we're coming back up in here The market and the orders are telling us the the transactions are telling us It's likely not going to get back up there. In fact, it's more likely to test back down into these levels here Okay, so now without the volume. We can also look at the intent of the traders on in the heat map All right, so well, where are they? Well, they're down here and we don't it's pretty dark in here. We're not we're not getting too much out of it here You know, so uh, we want to see more of a kind of um, you know solidifying Uh, this justifying this move that wow, okay If this moves up, then I'd like to see these guys that that were here I'd like to see them flip in the order book and now they want to be buyers here I'm sorry. They were buyers here. I want to see more buying here and so, uh, you know looking for these different types of conditions from the orders Looking for this kind of liquidity in here Okay, and if we get it And we get more buyers in here back to the top of the range And then back to maybe top of this range here. Now again, that's a zone up in up into Um, you know, 47 50 or so Something something like that. All right. Lots of questions in here. So let me try to get to them Yes, uh, uh, I'm so bad look at the liquidity and it pulled all the time all the time Also, if it transacted and then once the transaction occurs, it's like what we're talking about with yesterday with scott. That's the event Right or that can be the event. So did they stay in the book? Did they transact? Now what's happened after the event? Right. So here, for example, we know they traded into, uh, uh, this liquidity here And what happened after wow, we're finding more sellers. They drove it lower Okay, now it rejected and it came back up Right now we're looking for more buyers here again And and now they're starting to show a little bit a little bit of interest here at 41 40 So it's not much to hang your hat on But there's something Right now we're looking to see what, you know, maybe they maybe there's even at a higher level here around 42 And the reaction be buyers and then we can come up to our 40 45 area here Yeah, so I'm so bad that that is again, it's not I would Wouldn't say it's art whatsoever. Um, it it's really just reading the the Uh, the participants Okay, and what's the reaction to to some of these areas in here? And that's where we can glean some some insight or no, I'm sorry. It was avp that was, uh Talking about that Ah meta. Okay in you. Um, yeah, we can take a look at that. Um, I'm so bad Let's take a quick look at meta And I'll give it a minute here to uh to load Some of the data and this v v poc. Um, I'm so bad. Let me know if you still have some, uh Some questions here that you you started off. I think a pretty good discussion Good morning, David. Um All right. David is showing a an image here And another one, uh, hold on Zip through an area. Yeah Um, well, yeah, okay So you're looking at your volume profiles and you're looking at where it didn't auction Uh, properly and then maybe a return back to option auction there Uh, one of the things here though is like there's a strong bid And it looks like it's your your, um, point of control there as well at 41 40 Now if these guys Again, it's pretty strong On the bid here if Sellers can take they can anything can happen here. They could trade into it They could be more selling pressure. They can trade through it and then auction down here Else, uh, you know, maybe they stay in the book. We do not find the sellers Or maybe they trade into it a little bit We you know, they can't trade through it. We find buyers. They'll take it to the other side. They'll trade it to 41 50 So those are the different scenarios here, but this looks pretty strong here in this image All right, so uh, uh, let's see, um And that was here. Oh, and they and they traded through it. Yeah And it's bouncing all over the place Okay, and so now you're looking for that move back down into these lower levels here Okay, and to test an auction down here Okay, Doug you also you're looking at the SPY Yeah, I I I know you you know what you're doing David. You're looking at, uh Same same same thought process or many of the same thought processes here And understanding like what looks higher probability it may it may blaze through these areas It may test down lower. Uh, it may auction into those areas But we're looking for something that really tells us that what the condition of the auction here Or the participants to tell us that Yeah, testing it now. Yeah, exactly All right. Well now now this is curious though So it tested it here, but it rejected here before while it blazed through it basically it and now it's just retesting back to it Question is now is will it reject out of this area quickly? Hey, this is your low volume node or your low volume kind of area in here Which means well first off it it what it meant in in you know in volume profile and or you know market profile theory Uh, those are your um, you know your single prints Right or your low volume, uh nodes, uh and um Uh looking for a retest back to to to auction there. Does it fill in? Does it does it really? Um spend some time there and this is where there's you get that big distinction between market profile and volume profile Time and acceptance is is a key element. Um The key element uh in uh Market profile where your volume profile is it's going to be about um You know the um the volume trading in those areas Okay, so does it does it hang out does it fill in uh, or does it reject if it rejects what we're looking for is is uh buyers to uh, uh try to trade it back up into high volume node where it can trade Hey where there are transactions a lot of them and they're up here Okay, so that's one scenario Now reading the order flow in here and if it auctions in here Uh, we don't know that we're going to go through the scenarios and then we look for the order flow The condition of these orders to to give us that insight And right now we just we haven't really seen a lot today Uh to give us that insight So let's turn on our volume dots here Okay, well found some sellers that's going to be a stop run Okay, and we're we're still testing in here All right. Well here we can look at some scenarios here. I'm going to have to draw this really quickly Okay, do we reject do we find buyers above 36 here? Do we find on the bid here? Okay, we've got to find buyers here. We didn't find any right. We're finding sellers. Okay, so let's look for them to push it lower And into like like 33 or 32 down here Okay, we had to go through that really quickly, but uh, that was the scenario here They were into our low volume node and then we looked at the auction in here Okay, now watch though watch this. We're likely um transact here Okay, then I'm looking for buyers to come roaring in here test into 34 and a half Maybe 35 and a half and try to get above here at that 36 level Okay, because we're at it. We're at a kind of a key level here Okay, there's our there's our 33 Okay, do we find them roaring back in yet? Not yet not at all Okay, it's still going lower 32 Maybe they can push it down to 30 and there's 32 transacting now Still no buyers here at all Okay, careful though Watch out for them and then watch watch for the the move right up to 34 and a half Okay, starting to get them. All right and Anyway, the um, just just just reading the order flow here and this is this is very low time frame stuff right now Not looking for a total reversal out of this until we unless we see something that's a lot more distinctive Just looking for this some of these moves to kind of play out back and forth here Okay, found some buyers Tested into that high liquidity here or higher liquidity at least at 33 and a half on the offer reaction nothing sellers Okay, so sellers ought to be able to push it down to 30 now and they're just about to be upended Okay Now this could be that false breakdown we get buyers up here We're going to get a nice squeeze up into not just 33 not not just 34 and a half, but um I think our our 36 level here. Yeah looking for the squeeze here Yep, I like it on the bid a little bit here. They're pulling here And we should get our stop run here and then move up into about 36 Okay, again another false breakdown here and These things are happening quickly and they're not Uh, this was a little bit higher probability as a false breakdown in my opinion. Uh We did have the uh Not much on the bid a little bit but We traded through we're above this volume here. Um, we're back up here. We're finding our buyers and then looking for our 36 Nice nice. David. So you got you got filled at 32. Excellent Very nice All right guys, we can still get higher here 38 and a half maybe back up into our our 43 level as well Okay, finding buyers looking for the test back up to the top of the ranges here to test the structure Okay, they're on the bid here. So still looking for continuation here 40 looks pretty good. Okay, so Anyway, not finding a whole bunch of buyers up here yet some All right, let's take a look at this issue with meta uh, and your So your poc is shifting here Okay, as well as your, um VWAP And we take a look at meta as well as it's just as a stock here Uh, so can't seem to reproduce it Uh, take a look though like in your svp column here right click. Uh, and then um Okay, I'm sorry. Yeah, right click but go to resets here And go to your reset configuration here Okay, you might have it on double click as well. So make sure that's unchecked Clear your resets also Then go to reset configuration here and make sure nothing's scheduled in here Deselect the boxes, etc All right, maybe maybe try that Okay with your VWAP and we'll go to uh VWAP settings here, uh, see if you have something in here You can see I have mine at session start. I checked this box here at 9 30, uh east coast time And you can see it here right here's here's your your setting Uh, you should see this I'm so bad Right here. It should reset then Right at 9 30 Okay, so it's the white line here. I don't know. I mean, that's what I was thinking it might be so Maybe you have your column reset at a certain time too and that's that's why if you zoom back in and out You're going to see different different settings Let's cover the analysis here quickly on this one. This one's uh kind of all over the place too Uh We see the 830 move to the downside pretty strong It it you know is bucking the trend here. It it it went up into these areas here, but it's pulled right back now So let's see if we can glean anything from this compared to uh our s and p and uh nasdaq Okay, because they seem to be doing something kind of similar except they never came back up here into 60 All right. Well, well, we only got as high as about 38. I thought we'd get to about 40 um That's it So far We didn't even get to the top of the range here. So sellers Remain in control and we never got up here and we never really got the stop run Above that area here sellers still in control Okay on this small time frame Yeah, yes is uh Well, I mean this is this is one of the reasons I I really really like uh doing the correlations You know, we can get something from this here looking at meta You know, this is this is what it's doing. It went above here and it's right back down How about apple it's probably doing the same Apple's still still pretty strong That was great j trader went through that um The other day as well how we're looking at amazon and and tesla tesla was kind of acting strangely, but uh Amazon was strong and then we're just looking for s and p to follow suit And those those were nice moves um Really nice moves All right guys, well we're trading into high liquidity here at 30 All right, let's see if we can get our buyers now because look at the structure in here This is really where we broke out from it's a little bit below that I'd be looking for well, I guess in in the smaller time frame. It's a downtrend. So I'm looking for a pullback here Looking for our buyers yet again here We're at the top of the smaller range here. I want to see them more buyers in here at the bid and then 34 and And then let's see 30 back to our 36 level here And let's draw up. Let's get rid of our drawings and then let's draw up some new ones here Okay, dr. Moo Moo. Welcome. Um, you're all over it here and all sorts of stuff Okay, okay. Oh boy, you're looking for a 41 25 and uh V pock How about how far back to cqg go? Well, I mean it's it's about uh Downloading the data within book map. So, uh, you know, you can download up to uh Uh, I don't know. I think um 24 hours of futures data Uh, mbo data. No that that has to be live data. It's quite heavy. So it's not offered as backfill data I like this v pock idea here. Um by uh, oh boy Back to here here 25 Yeah, I mean we're below this area in here I mean if you're gonna do 25 it should be all should also be able to do this kind of 21 area down here So I'm still I I don't know. I'm still kind of looking for this bounce here right around now A bounce to the upside. Uh, just retesting back up here Yeah, the look at here's someone on the bid here Okay, and then now now we're gonna get some insight Right, there's a larger player. Look at the large lot tracker. He's 300 and something contracts there And he's staying in the book. No question. He's transacting here. He moved his liquidity up. He's transacting here So he he wants to trade he's clearly telling Or you know showing his hand here. He is trading Okay, and and aggressively too Okay, here's the here's the context. It's aggressive because he was down here Now he wants to get filled up here All right. Now what do the market participants feel about this guy? Well, they're taking them on Trading right into him Okay, and the deal was just made so he is filled Okay, now there's our event. What's the reaction after the event? Seems like there's still more sellers here. Let's see if we can get a little bit lower below this event We need to get below it and we need to see sellers below it Here they go. Let's see if we can get it and if we do 27 and a half and then back to oh boy's uh, uh v-pac here We didn't get them. We're getting buyers back up here squeezes on we can get back up into 32 33 and a half 34 Okay, here's here's our condition. This is what we're reading here Okay, waiting still waiting for the squeeze and we're not gonna I don't know if we're gonna get it They're pulling here Yep, and we're getting in this auctioning here. Okay All right, so yeah, if that's the case then we should get our move back down lower here it tried Couldn't do it More auction uh down below here Okay Here's our retest we get more sellers down here if we do We should get a nice move into 26 and 25 And there we go Looking for the continuation 26 25 Nice call Uh to the v-pac there Um, dr. Moo Moo. I'm kind of in and out of the markets all day long I mean, there's all sorts of things happening here on the book map side so This is the nicest time for me is to to spend here Uh, you know in these webinars I going through The um There's our move guys Okay, so um Anyway, we gave this a shot here on the on the squeeze looking for it because why we had our reasons Here we found buyers. We didn't find sellers here. We're finding buyers over here great Looking for the move back up Couldn't do it now. We're finding sellers back down below our event here. This is the event. This is the key pivot area Finding our sellers That's when we're looking for the continuation, especially here The first one's not a whole lot of selling here on this leg. Let's just take a look at this here on this leg here Not a whole lot So it doesn't look that great. It could be a false breakdown Once we get the sellers here. It looks much better Right and then the follow through Okay, so this is this turned into a really nice move it even blaze through 25 is down to 22 Okay, I think we yeah, we mentioned that if it can if it can do 25 It can likely do down to 21 Uh, it should be it should actually be the swing here at 22 Uh, that's what I kind of meant to put in here, but I put in 21 um Anyway, uh, yeah, that's why we look at the swings So anyway Sam, let's see here. Um No, I'm not using uh trading sink. I don't know who you're speaking with actually. I guess you got a conversation going here with others Oh, yeah with mu mu What coffee do you drink? Yeah, no, no worries. No worries, Sam. Let's jump back here to uh discord Yeah, I mean a bigger picture, uh, david like um, I was still looking for the longs too But we're trading through some of those areas Where we're looking for the the support. This looked pretty good to me. Uh, this is the breakout. We see that the orders in here Around 30, uh, you know, I was looking for just a pullback at that point Probably back into, you know, somewhere around here after drew up the kind of some structure in here There were just there it just didn't happen. This is where we thought it might happen right here Uh, and then we we found the uh In our event here because this guy was buying here It's like, all right What's the reaction to this guy and then look look where they really picked it up though, right below this guy These previous transactions here And there's the move right and that that's when you know, we're looking for the move Uh, it's just just to this liquidity here at 25 And they they continued them Or the market continued uh back down into 22 and then we're kind of at our we're at our 21 level here Which I meant to kind of draw at 22 Uh, anyway, uh, yeah, we're uh, we're trading into 20 and we're still we're still trading lower here All right now, let's take a look here another rejection area here Uh price went right through it and did not properly auction in here either And let's let's zoom out and let's take a look at what these areas look like this one's the best one, uh, actually Uh compared to what we just came from up here around. I think it was around 35 or so This one's great. Uh, you know between 15 to uh 18 or so And and this is what that looked like here. You you'll always note this it's it's you know, you don't need Uh, I personally feel you don't really need volume profile to understand it. Um Because you know, there's a cluster here and you know, there's a cluster here So you know that likely in here this is going to be a low volume node, right? Uh, very quick moves strong volume, but very quick moves through it both ways Okay, so if that is the case Uh, then Let's see if we can uh And and this is kind of a funny area here because it didn't auction properly on the way down through it Nor on the way back up above it So keen keen area in here, uh, maybe we just fill it in You know, that's another scenario here. So this whole whole, uh Like high volume node here and then the high volume node down here just becomes one big cluster the rest of the day Right and fills this whole area in That's a that's a possible scenario. We got sellers through it buyers through it Uh, maybe we just kind of have to go back and forth in here for a while. Um, that's one scenario Uh, another scenario is looking for rejection out of this area right now because we've come down pretty hard and pretty fast Okay, so uh looking for Uh the move into it and then the rejection out of it Okay, so a false breakdown would be nice in here And then buyers back up above at 18 here Let's see if we get that and then we should get a move back up into 21 and a half Uh or 22 and three quarters liquidity up here Okay, they're on the bid at 16 Look for the trap, uh in here Look where the traders are going to be upended Okay, these sellers are not upended. They're still in control right now So still looking for maybe 15 here And maybe we can trade a little through 15 and then the trap can be set. Let's see Some stops Here we go. There's our stop run. All right now and look look at them push through on the on the offer here All right, so now the the scenario would be this we've traded back down Sellers still in control. We talked about that already And then now we're looking for buyers back up above here at 16 This is the trap volume in here It might even be this volume if we can get back up above 18 at that point. All right So yeah, I'm looking for that scenario here And now it's not it shouldn't be the primary scenario. In fact It should be the secondary scenario here, but uh, There we're looking for it though. All right, here we go All right, great. There's our trap set. Now. Let's see the squeeze. These guys should pull here at 16 There we go. And now we should get to 18 They're on the bid They're pulling on the offer. They're up here at 18 on the offer So looking for our buyers again here 16 and a half and then the push into 18 Go very nice still on the bid Okay, let's see if we can get our squeeze higher 19 It looks pretty good too Uh, 41 20 we've been mentioning 41 20. I don't know many many times this week Do you guys have any questions on this? Like I'd really like to open up kind of discussion on this understanding this why why we're First off, why was it the secondary scenario? Uh And then I'm kind of curious why I kind of covered as a primary Um, but it is the secondary Uh scenario that the squeeze is on We look for the trend to continue until we see something different. We were just outlining What that difference would look like and then looking for it to play out Okay, it's it's just Um, we we had our higher time frames here, you know, this low volume node in here and You know the push through it get people going the opposite direction Trapping these people here and and we should get a bigger stop run in here We're not getting too much Really looking for a much much bigger one Maybe it has to get back up into 23 to 25 for that to happen here Right, so still mounting here. We're up at 20 still looking for higher here And and the squeeze 24 looks pretty good. You can see that liquidity. We have our line at 25 But 24 liquidity is coming in Uh, let's see if these buyers can reach up to there and get the squeeze here Looking for the capitulation on the stop run to the upside here Okay, we also have some iceberg buying in here. So that's pretty nice timing on their side Back to a high volume node here at 21 and a half That's good It reached it reached back to kind of um the mean here I still want to see it press a little bit higher here and get back up and Maybe stop some of these guys out Right The squeeze will really be on above 20 here Here's why this this And this selling here Okay, and we're above it. So looking for a nice squeeze back up into maybe here No, no no comments on that Orion the artist you're welcome. Uh, thanks Nice comments there. Hey, if you guys like this video, give give us a like, you know, hit the hit the thumbs up button That would be much appreciated. Uh, this, you know, we we read these things and uh, we're looking for uh You know doing more and more of these things if we get that kind of feedback Uh, that's really helpful. Uh, how do I know the squeeze from 15 to 18? Um, I I think, um, we went We covered that right about the here just looking at the the the trap volume and and also trading through this area Trapping and then trading back into the range here. All right, so uh I don't know how else to explain it I hope that helps uh the um, uh Yeah, I mean to say this is why I wanted to open up that discussion here. Um We're kind of getting to the end of our our webinar here and and tom b. Uh, we'll be starting Uh, probably uh, probably already started Uh, this this webinar will end in segue though right into his so if you guys want to um, Just hang out for a bit this and and uh You can be redirected right to it Yeah, I don't know what to think of this move. Um right now to be honest like, uh Uh, you know, this is for in the bigger picture for today. The price has been all over the place Uh, the move down on fantastic numbers the move up I were I really wanted to see 60 trade up here Uh, we had the strength Uh, and we were right here when we saw like well, here's our buyer's note and then our sellers Uh, and then support here. We did get a few bounces And then we saw the you know, we started to read the structure and then the the order flow in here Uh, we were looking for moves lower, but I was still looking for bounces here Uh around 30 it didn't it traded right through it Uh, and you know, we we're looking for again like reading the the order flow in here And we're looking for that bounce as a scenario and it just didn't happen Uh in the order flow still told us like well, you know Uh, it's not looking so great Uh, the uh, this scenario down here is is look was much better here. You know, we're looking for it Uh, we're looking for the trap volume and then looking for that big stop run Actually funny enough. We got the stop run to the downside um I'm still still looking for our our move up into this kind of 25 level here 24 liquidity 25 here Oh, you're welcome Jay. Yeah. Yeah, glad glad you find some some value here. Let's see Okay, you guys like that. I'm watching the uh S&P Well, we'll cover any market in here On that we can get our hands on if you you know, whatever it's the it's kind of the majority rules All right. Thanks, David. Yeah, take care Um All right. Yeah, I'm so bad pretty straightforward on this. Okay. Yeah, I hope so like just understanding where Like, you know, we find sellers and we move away from those sellers quickly A lot of times what happens in the trap volume here Is the quick move away But then a retest back to the top of that little range in here And anyone that's kind of short in here usually will be a buyer back again And it kind of reignites another move to the upside Sometimes you don't get that like in this case here and the reason Being I I feel is like you just you're just going to get the squeeze here No one even wants to sell it. They'll just continue to push it and and squeeze it Higher so you don't even get the pull back here Right, you can even make you can even justify that as like a head and shoulders pattern like why that head and shoulders pattern exists the head is usually kind of the Trap volume and then the retest would be the next shoulder to it here This is why these patterns exist And they repeat again and again and again. All right guys. Well, anyway, uh We had the that a very quick event in our Discord chat room yesterday on the candlestick reading And I got some comments in there to do one for the heat map as well. So we'll do that next I'll I'll let you know in discord In the events area when that might kick off So we're gonna do more and more of that as we move forward and You know want to keep Giving you guys like really good content And in a really strong supportive community in here for you guys All right, so let's wrap it up. Thanks everybody for coming. We'll call it a day and we will Have a great weekend and we'll see you on Monday Okay Yeah, if you like the video, please give us a thumbs up and this video or End of the video on youtube at least will go right into redirect you into tom bees He's going to be looking at volume profile. We looked at some today. He's going to look at it in depth That's his specialty. That's his trading methodology so if you're into that hang out and Attend that one. Okay. Thanks for coming everybody. Take care. Bye. Bye