 All right, good morning traders and welcome to the bookmap live trading webinar This is Bruce at bookmap today. We have Jay trader a stocks trader He will be looking at large cap and small caps at bookmap today We and we do this every Wednesday at 10 a.m. Usually he comes in a little bit later I think he's coming in earlier today, so he should be here any minute typically we go over the S&P for a little bit before he comes in and So this is great. This is part of the education you can peek over the shoulder of a Professional stock trader and how they're using bookmap and reading order flow You guys know who Jay trader is I'll put his contact information here into the chat for you. I need to go through these risk disclosures This is important So you understand what you're getting involved into and then we're going to jump right into the live market Okay, the general disclosure 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 training performance Risk disclosure trading futures equities and digital currencies Involves substantial risk of loss and is not suitable for all investors Investor could potentially lose all or more than the initial investment risk capital is money That can be lost without jeopardizing one's financial security 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 what we'll wait for a moment here for for Jay trader And we can see the 10 o'clock data here That we had here's the move to the downside Beautiful example of how they start to pull liquidity here before the Good morning, Joseph. How are you? Can you hear me Joseph? Good morning Bruce. How are you buddy? I'm good. I'm good. How are you? Good. Good. Just give me one second Okay, can I start screen sharing? Yep. Yep start start sharing and then let me re-broadcast it here. There it is Got it Okay, so just one second traders We'll start with the with the morning plan What we have today All right, so I couldn't hear unfortunately the first minutes that our host Bruce Said but the market on yes, I find it very choppy today and I'm not having a clear direction to trade on Big caps. I made a plan. My plan is for shoring The majority of the stocks based on my system. I Still don't have any a plus set up to trade. This is for example. Yes, we can look at 10-day chart and We had this this trend line break This morning and now it's rejecting but we still didn't start with with a trend. Okay, so I'm trying to be a little bit conservative Also traders give us our your views if you're shorting if you're longing what you're following Just like, you know Share with us. That's important. So I was looking at Tesla and I shorted Tesla on The stuff it's 769 770 So you can see over here and this is just a scalp Scalping to a liquidity pattern Why I shorted this traders and basically like just now on tnxp which I'm Taking more feel short will soon explain you Why short over here at Tesla today? So we had this lateral sideways action We have this uptrend line I'm gonna show a 10-day chart So this is what I'm looking at Tesla, right? And now I Know that it seems clear So what I'm doing over here. We have a big supply area from the previous weeks We have a level of 770, which is a whole round on a number Price came to the 770 exactly here. It went above the 770 So what I did I used I use book map And you can see over here This is MBBO, right? So you can see over here bars in control All right, they tried over here to absorb buyers buyers in control You have a breakout like often we all have I mean this market more than rejections is giving breakouts, right? Yeah, and then we are the buyers buyers faded So I look always over here with my corner or the book cumulative over here and Then we decided over here to short it so I took the short and I'm still holding a short and we have this trend line If you break this trend line, I'm already looking for buying 740 puts Okay, and I can share my my chart over here. So you can see the Executions I will put in In advanced room, let me see advanced room over here So that's my Tesla. All right Looking for that main fade now if you can break down this level 755 Friends we're gonna go down use next I will be the 730 now waiting again pops to do what? too short more in this case by puts 740 on Tesla Okay traders make sense. So I'm collecting a little bit more right now on Tesla And that's the move that I wanted. So I was patient all morning And then I finally got it Made sense the plan traders. So stuff into resistance. This was in my plan this morning and the plan over here I was saying Long set up only if we go above 780 and then confirm why rejection supply area. So On the 780 and we got a 770 supply area this gray zone Rejection, but I'll strength break looking to short and buy put 760 now. I still didn't buy puts I only shorted the stock and now I'm looking to buy puts if I have rejection pops Using order of flow and then looking for the 730 740 will buy 740 puts 740 745 Okay, so that's the plan and I will stay right now on Tesla being it's it's moving pretty good Yeah, beautiful move Joseph Yeah, I was waiting Bruce all morning for this and you know how many times, you know in the mind of a trader you have like That idea. Oh, I want to enter. I want to take the trade. I need to take a trade But instead if you take the trade and you know, you have no a plus setup. What are you gonna do? You're gonna simply lose money and the moment Came when everything was aligned now Yesterday traders, you know, I need also time-to-time. Let's say a meet with with Bruce explain the new stuff So he's a lot of knowledge. So really props props to him and we went over a few I would say main rules and parameters that it's very important to share over here during these webinars and One of these main rules is giving the importance really off the price section in order of flow because we are talking about manipulation and In last time, I remember one of the the guys over here that asked questions I mean always ask questions always even if you know, it may be I'm gonna repeat it. It's always important We are talking about J. Why don't you buy breakouts? Why? Okay, now Bruce, let's remember this time. Okay, so this is the first June Our webinar why not buying break out? This is the reason why we're not buying breakouts Because if I buy a break out doesn't mean I'm never going to go long No lately in this not big caps of any small caps the majority of my trades while longs, right? but when I see a pattern like this and I don't see any kind of consolidation After this break out, you can see that we have a breakout of 770 Right away slams at 770 and now if this would be a good breakout, it would continue Would probably hold 770 770 point 50 and then start a girl and go all the way up, but we didn't have this So in my mind, I know that Tesla works like this And you can tell me J. You're just lucky. No, because even over here happened the same exact thing right and It's just about repeating the patterns and over and over and over So You need one tray like this To make your day or to make even your week All right traders. Okay. Now we're seeing rejections. I'm gonna start looking at this on a one-minute time frame So we will see the price section live If we have possibility of reacting to the trade over here my beer, yeah So possible reacts coming over here. I believe 750 is gonna break down pretty good What I like over here is the bear flag. So I add a small to this position So this is a bear flag that I like to trade. You see this bear flag traders If you see it, if you like the bear flag, just put like yes bear flag over here in the comment Right. So write down these things. So when you go back and read the commentary and read all the comments below You know what we have traded? This is a bear flag that I'm not really starting a new position But I'm adding to my position. Okay, so I'm adding over here and Thank you, McLovin So that's a point. That's a point. I'm looking at this bear flag. I see over here sellers jumping in you can see over here Really a clear break and then another clear break of 750 and then came back 750 I don't believe they're gonna hold 750 for me. They're gonna breeze down this again because it's rejecting this uptrend line So Possible over here more unwind more unwind to where I'm looking for that 730 And at the same time I'm holding short HSDT I would just start early pre-market and TNXP if we have time. We're also gonna cover these two But I mean right now. We're lucky to have like sat's an incredible day on on the market at this time Okay. Now We spoke about who is in control Okay Now look traders who is in control over here on Tesla Once we broke the VWAP This between 765 764 Sellers are in control everybody's stopping out and if you look at this pattern over here on On book map I Mean this seems a perfect wedge After perfect wedge we want to see a rejection and then more fee Okay, so let's see if we're gonna have this See it's far from there So good morning dog. So dogs asking over here On your Tesla charging toss you are showing kind of different shades of green and red is that included with tossers? it's a proprietary study buddy and It's a big tested for for Tesla over here So mainly I just want to see In which cycle I am if I am for example over here in this selling cycle or over here Into this buy cycle. It's not really, you know Big importance for me. It just like gives me an idea But if I have to tell you how much important that is in my trading, I would say like maybe 5% maybe So what I like to be here traders is this is this rejection So adding more onto this Tesla over here Because we're rejecting the bear flag. So I'm looking over here for a nice huge suite on wine. There we are Okay, so What gives me confirmation right now? The size of those sellers the size of those dots over here and there we are now time to take a little bit of profit Just to trim a little bit so we start over here from a Fake out right, this is what I call it FFT and then over here we started with turn break then over here with BF which is not body fat, right? It's beer flag You welcome anytime and now what I'm doing. I'm passing To a higher time frame. So I'm going to attend days again And we can go to a 10-minute chart 15 minutes are 30 minutes are the one that really you prefer And I'm looking for the next demand zone. So the next demand zone was around 733. You can see this area over here, right? This was a main support now what I'm gonna do. I'm gonna double check this here is also On book map and we have a main support 737 35 So I know that between 737 35 I can have over here a bounce if we clear the 746 right now Straight down to this area. That is my goal 735 break down again. We're broke that we broke the 746 so and you can see that We're having over here a big red candle second big red candle on a 10-minute chart Again, you can watch this on a 15 minutes 30 minutes. I don't really care as long as That trend line break is confirmed Well some over here. I believe more than buyers over here. This is my personal right opinion and some covers Okay, some covers Maybe also some the buyers because they're looking the 744 But I don't see enough strength over here make it bounce So right now I'm thinking about in case things go wrong. I have to have a risk management Where I'm going to trail What I'm gonna mean like my truly stop And I've started looking at the pre-support resistance level. So we're gonna go back to a one-minute chart We have this small resistance over here 748 750 that is gonna be my trail Now meantime over here. I longed tnxp. So we're gonna talk about this later. I need to put the next few traders over here So I've been shorting this all morning But now I longed it I'm gonna show you a different we say Stock right So we are trading now something was simply fading and I'm trading long this over here I enter around 356 my risk. I said is 349 350 What I'm looking over here is Another fake layer out, right? So tnxp has an agenda The news is not this strong We have an uptrending ascending triangle uptrending trend line over here So let's see my long Why I longed dipping the V-web dipping those a lines high volume coming in selling partial over here on the house to 364 Now risking break even you can see buyers stepping in That's the ripping selling more 368 And now just risking break even risk free trade for me and like this you start there We are 7675 selling over here selling everything still 390 home run for me reshorter the top 385 We shorter more 389 So scalping over here the top having a tight risk because I know I can rip you in more So I started very very small shorting this top over here an exhaustion Let's see if we can have a little bit of fader 386 387 So we have some bids over here 387 that they went Okay, now risking break even looking if I can take that fail All out. So I took a partial just everything out for me Killer long as again, I'm gonna trade share my trade So Short and long So this is the next big So looking basically for these dips in the uptrend less start curling higher low Higher volume coming in and then rip to the upside Okay, and just this in front of you guys uh having my strategy uh looking for order flow I don't care right now if it will fade. I took my profit for the day I have a resistance at four. So ideally we'll like to shorten a fake out that for but again I I'm not sure or something This is what I wrote before so you can see that I alerted before what I was going to do We were talking about tnxp, right and I said Uh, probably it's gonna go for a breakout and then we're gonna have a distribution I will be selling above market eyes then shorting for the fade again. Why? because the market right now Is I would say supporting a setup that is this over here, right? This is a little bit of uh Guiding you in the price section of this market And this is generally what the market is doing right now So it opens we have a first pop near the pre-market eye at the pre-market eye or above the pre-market eye, right? And then you can see what? You can see that it starts like consolidating over here Okay, start consolidating how our lows boomed And then the solution pattern then it fails. Okay And now you see over here this So this uh is the pre-market high This level over here this dotted so you have a fake out higher lows Just like I explained over here higher lows This is called accumulation over here in the dips So they form a first base second base and then they rip it and then they rip it so you can see Exactly the same picture and what I do after I use book map for my timing Okay, so now let's see over here I put some limits at 387 to short possible wash Okay, so this is really what I wanted to learn from these days together I wanted to put both things together so you can understand the price section Let me see if I can do it I'm not too good on this tech stuff So, sorry if I if I cannot do this perfectly we'll share this in uh In the document room Okay, so the same scenario right that that we had These days on a lot of these stocks We added today right now On tnxp and let me share over here Okay Right, so this is price action manipulation in small cap land Again, I put some limits over here to 37 don't follow me Because I'm up use for the day I'm using a correct risk management. I'm downsizing a lot right now So in case I take a stop will be probably around 10% Not even maybe a 5% of my entire pnl And uh, don't follow me on this over here. Okay, it's a high risk Generally it tends to form a distribution above this pre-market high which is this level that can last even 40-50 minutes Beautiful trading Joseph Thank you Thank you. So we're looking really for these These uh extension plays And only when I start seeing I would say dilution They'll start using their shelf dumping big hands like taking profit Uh I then start looking for the distribution pattern and then I start looking for a shorter deal Like the shore will be on a lower high. So I don't really want to Unless goes parabolic like I did before I try it over here to grab and then stop break even Otherwise, I'm not really looking over here too short right now. Let let let let's wait Just have a feeler. Okay. I have a feeler 387. It's a feeler feeler means like, you know, you go to dinner and you just like take A gresino like a breadstick. So each time we get to this 395 I see a rejection. I saw the same thing this morning over here So when we were going to this 370 each time we went to this 370 I saw rejection. You see over here It came up It was this morning. You see it came up to this 370 Boom fail. Let's over here. I'm still with a feeler. I will explain If I'm gonna stop my feeler it can go up even 30 40 cents and I will lose like Ridiculously small I'm sold in tesla. I'm sold in hsdt But it came to that for but we don't have a fake out. So I'm waiting for the possible fake out fires of stoning control over here Remember when the When we left like the margin calls over here Now we don't have like on on crypto The liquidation Indicator, but when I will see like, you know some Shorts to be stopped out Then I'm going to load the both short And then I load it right now at 398 short So my stop right now will be four I loaded 398 short traders Why fake out of the four I want to see this closing below 390 I can even put my stop right now 397 398 So I loaded 398 as I said Fake out of the four Wait in the moment first part and pattern over here of the illusion Now we are below the 390 you can see over here again like we saw before right We saw over here this stuff And now we saw over here this stuff So good for me And now I need this to go directly to 370 Okay, so a lot of risk management over here Remember I had a feeler and then I said I loaded so my average is very very high right now And I'm risking break even so I'm gonna stay with this 396 and 50 If it goes break even who cares? It's a little bit buyers We have a formation over here of a possible pendant Okay, got my break even. I'm fine Okay, I didn't risk anything. I'm fine. Let it go for more Maybe we're gonna have another retest of four I'm fine risk management is out It's a very important factor over here when you trade this stuff because the volume is very high right now I'm looking over here how they're like pushing this to four again Second I'm a rejection over here Look for those, you know one small. Yeah Right baby I'm still looking at tesla. I'm still on tesla traders Just I'm not updating. I just want to focus with you on the start price action And now you see big seller jumped in so it came to a second time at four and you know what are these two spikes over here Exhaustion on the move exhaustion on the top over here Okay, still not a backside. We just have like for now sellers at that top My beer. Yeah holding a 390. Remember before we had like some hidden buyers and exhaustion to the downside and then bounce back up If you break over here, there we are. I was just saying if you break 387 388 possible wash I'm not in this one. I'm not in but there's a big chance this will go down below 370 This is one of the wedge patterns. Actually, sorry Wedge patterns that I look for right It isn't he is bouncing. So look over here right now traders micro support before 380, right? So let's let's make over here one step back news comes out First dip accumulation second push dip Accumulation third push Some distribution we need to crack this area Remember generally distribution will be like this and then we fail So to make also things easier What we're going to do over here We're going to put our levels of supply and demand That often correspond To book map So these are the areas that I'm looking right now These three main areas Okay, I don't really care enough for the for the areas down here This is What tinex p is doing? point a b c d And so you can see over here how it goes up So we'll take a scalp below over here 382 for a short Because this is going to wash pretty quick So 382 on a crack. We'll take a short scalp on dnxp Tesla over here. I missed the added 746 dnxp bouncing still not giving me The entry Not adding. Sorry not the shorting over here. I was waiting for this. What? Bare flag pattern 740 traders tesla still holding over here From our entry at 767 To a 74 and adds at 751 So just going to pass fast to tesla remember We shorted this morning. We had the first set up over here Then we shorted over here more Sorry, we showed over here more now. I'm holding over here another bare flag, right? So that's our trade. That's what we're holding Now we got to the previous resistance On dnxp to over here pushing A lot of patience when you trade 738 on tesla. I'm gonna I'm gonna keep this one second I think it's very important to look at tesla. So beautiful bare flag again sellers in control Nothing to say. We're gonna bring this to our target 733 Remember 733 tp tesla All right, no crazy support over here 740 We can still go down As we said before between the 730 and 735. So again, what we're gonna put 10 day chart 10 minutes You can use a 10 15 or 20 minutes, whatever you prefer Okay, I'm just doing this to see the previous levels to show you that we broke that support And to show you that we broke that trend line I'm for to expect a little bit more from this As well now the bare flag formation. Just look at book map. I don't really need to look at the chart right now. Okay We have over here some small bounds She is consolidating On this support 740 And I'm waiting for this break to the downside over here And bounce over here some good volume On uh on tesla Previous resistance was 742 743 So i'm looking at this level over here if we can have a rejection and my last trailing will be the 748 That's my last trail We are above that resistance We'll trail a little bit more if we go above 745 Let's see possible weakness over here below 743 and a little bit of wash Okay, taking some trailing out on tesla And the remaining part of tesla will hold it above 748 So in the meantime, we're looking also to the nxp So you remember before when I told you risk management And how that is important That's the the the the way Okay, that I like to use my risk management. So we were uh longing we took this big push And then over here I took a a scalp short And nothing now it's pushing up again. I missed the secondary long And I'm simply waiting. Okay, I'm not really a big fan right now shorting this with 1.5 million volume Look at this volume traders We're talking about 1.5 million per minute 435 over here still extending more TNXP Remember, you always have to know where's the previous resistance Okay, and we have this main level over here 480 So I'm looking for 480 over here Daddy constant strand over here So we have TNXP high volume Holding above remarket highs right now So not looking For the pattern with the distribution pattern And Waiting sidelines. Okay, but I think it's very important to look at the tape together Meanwhile, I'm short hsdt And it's working pretty good This morning I showed over here around 270 I added in 250s. I added in 240s You can see over here big selling pressure Some good washes over here I think we can put the Sweeps indicator. I put it this morning. I don't know why it went away. Let me see if it went Now it went so you can see Sweep indicator over here on these big washes. That's nice. I like it Waiting 480 on TNXP Oh first over here lower low on TNXP First to lower low into liquid area for 50 for 40 dips holding Big soak at 447 but I still pushing a lot of buyers over here So we're gonna wait for that 480 It took just now another short on tesla So tesla breakdown So I'm looking over here the price to hold below 748 and 80 749 Having a tight stop over here So if price not working already out Well, didn't work simply cut it right away If now I have a rejection I will re-enter if it goes up. That's it Not looking to quit it again So TNXP is the sideways. We need to see a breakdown 747 We had over here traders We have a possible reversal pattern in tesla So we took another short Let's see if I get get filled over here on the ask 749s Risking very small and I'm not really loading At 10 15 and more size like at the gate like I did before But if I see over here that the price was stall Then I'm looking for this unwind and a breakdown this 747 748 So mostly scalping right now Lower size working taken off 746 partials Like to see over here when I Jump in, you know sellers in control So TNXP traders what we said Remember what we said what price that I say to look for a short What price that I say to look for short I said, let's start looking for 480 the only reason that I will start shorting I didn't call this trade we'll share after I shorted with ever is 461 After this reversal candle they want to alert these trades High risk and then I know that a lot of traders will just like listen and follow us And they don't know that for me is not a full size trade is a smaller trade versus what I traded before So even if I take a red that's still part of my risk management Right now we add this big parabolic move Into a daily level Let's see if we can have a lower high And then some form of distribution pattern And then we're going to go down Nice parabolic We clear this 450 but we went into the daily level You can see over here the top 480 resistance lower high More high again boom wash Go possible more wine over here now to this previous support for 20 See the sellers right now are jumping in all these are sweep indicator washes Right from 450 down to the 440 from 455 down to the 438 The sweep syndicator is amazing Yeah, it's uh It decides that it's just sweeping is just unbelievable Yeah Now we're talking Bruce about a stock that floated in multiple times this morning in a symbol like you know Have a being A ton of volume really a ton of volume over here In this stock likes to buy stats Likes to close red on the day So it generally Tends to fail This is a good parabolic move. This is a very good level See over here if we have this out, okay? Yeah I can support the 436 if you break this 436 we're gonna have another wash On tnxp traders be ready Wash incoming. I like this rejection over here Uh possible 436 437 breakdown wash This will wash pretty good. At least I want us would like to see a 420 fast The breakdown on this 436 There's really a fight over here between buyers and sellers But right now what i'm doing i'm holding over here the trade on tnxp I'm holding the trade on 8 sdt I'm flat on tesla So waiting for the swash you can see that they try to make it bounce, but Sellers are in control Definitely look this these order of uh, there we are took my ad right now Let's see if i'm gonna add a wash My point is down that I added lower I'm gonna risk maximum break even so if this stock turns back to the upside For example, we had two fake breakdowns over here, right? I added my short So I don't have my average anymore in the 460 my average right now is 451 So in case I have to go back 451 I will decide to close a break even You see it's not really washing it's holding Right it's holding over here So careful when you do this You're trying to attack again that support So looking for that wash So a lot of traders ask me Do you think about washes over here some DMs? What I think is not important. I'm looking what the order of flow is telling me with the price section It's telling me over here So we have a very good high chance this washes. Okay, but I have to follow the chart. So if chart per versus on me I'm gonna stop out in the money Okay But over here we have a high chance this will wash it just has to clear that moment that Long will be exhausted longs are exhausted They cannot hold this anymore boom wash and they're gonna sell with stop loss and this will flush down 20 cents that's A possible scenario So you see they're still like trying to push on the slow trying to push the slow but against somebody where there's eating Somebody where they are still holding you see it's not fluent They remove over here a little some liquid at 430 Even mama beer is in Yeah, she got it at 438 Risking 447 Okay, right now what I what I think Is uh not washing Somebody's buying these dips is holding up these dips So I have to be conservative, right? So I added over here 437 It basically Came back above the 437 I'm not gonna Stay over here doing nothing and that goes back to break even so above 440 will try a little bit more It's always in the money. It's always profit Okay I'm giving myself rules 440 so I trail a little bit more right now on tnxp money Ma beer is looking for a general rejection with tesla I'm looking for a read on hsdt But again, I want to continue to explain over here tnxp Parabolic move we took the first main long rated for this parabolic We stabbed some shorter here in the 460 y Parabolic and sellers in control at this peak daily level So what I'm using over here trader is the daily level chart As I said before I showed you Uh Just putting the comments over here below if this is clear even on youtube just write it's clear 480 That's my level And then if this level is we say compromise we go to the next one I will look for of course the five And I'm going to look for this dip 557 Then I'm going to look for this main support 637 And then I'm going to look for this level over here Around 790 and so on so on so I saw this I saw the parabolic I saw the big soaking over here right this big soak And lower high sellers in control. Okay, let's trade some short. Okay more sellers over here on tnxp Tesla my beer you got the in short around 751 And again, you can see somebody over here. It's holding so it washes to that 430 boom back up It washes each time to this level 430 we have some buyer Okay, you can see them over here So this is our support zone This that demand zone right now. It's very very tight over here to the upside this 440 And we have a supporter here 425 still holding So what they can do over here Is to push secondary time to this 450 for micro clear out over here And basically what they're going to do they're going to retest probably the 450 breakout Trap a little bit more in longs Dump over here their shelf And then looking for this wash we have to see these over here these bigs To be Layered out the right so they have to be exhausted once they're exhausted It flushes 426 This time another time breakdown So my target is at four right? Staying in for that four Yeah far still from there you see Slowly slowly slowly they're diluting over here If you zoom out traders you can see better The previous support Which is this four you can see we had a nice demand over here a nice demand over here We'll make him lower highs still some big sellers in Holding the straight short No reason for me to cover anything over here No reason Robert basically tells you the fast Uh washes okay over here. They simply clear out all the entire book And they simply dump in this case where you see this This this green dots they simply clear out this This support over here this 450 And the same thing when they have over here A huge surge in the volume for the break of the 465 resistance In that case you have a player also sweep indicator comes and tells you that we have Um an increase of volume removing all the liquidity over here that they have and it's like pushing strong It's a good tool. It's a good tool Just a couple notes on the on the sweeps. I mean these are just incredible. I mean 127 000 Followed followed up You know a few minutes later with 92 or 91 000 They're just huge And and what it's showing is I I believe you have the setting on in 0.01 seconds. Let go if you can go to the settings. Yeah 0.01 seconds Show, you know, how much traded and uh It's amazing that that much traded within that small of a time frame. Yeah. Yeah. Yeah, it's true. It's true So it's got to be I mean typically it relates to stop runs the book the book sweep is a stop run or You know someone exiting a lot of times they could be entering, but why would they move it against them? You know with that that amount of size So likely exiting a beautiful tape this We can see a lot of patterns that they brew some this one Uh, we saw some longs So the consolidation some longs. We saw the parabolic We saw the I would say oh look now you see you just jump in For me reason to cover partial over here first partial That I took Okay, so look how beautiful is when we saw this order over here in the s4 30 and then Right away over here. You can see some sweep came down from the 425 to the 416 and Nice little wash. We're waiting for this fourth though. Beautiful trading joseph You certainly know your stocks So some trader was asking about tesla and uh I'm not in a position tesla anymore traders. I'm waiting I did I would say my morning on this From up here Cover the big partial cover over here the rest And over here it took like A small stop in a small way nothing anymore for me for now on tesla uh, we'll probably You know watching the afternoon And then we had hd st It's sd t part on It's sd t So why I shorted this? Okay Morning push fluff news I think this is the The most interesting stock for the day The reason why I shorted Is over here this and this We are in pre-market. This is one of those stocks that you know 9 9 15 gets up on the news they do it on purpose Because they know they don't have a lot of liquidity to maintain this up Uh, they're trying just like to get in the scanner 50 minutes before the open So maybe they hope that somebody cannot dig into the filing where are extremely bad So think about how they're smart, right? What they're doing over here. They try to push it So I believe that over here even you know the big hands of the company They maybe buy some dips make it Prop with some algos Right over here while it's clear that I'm exhausting this 285 And I didn't short over here I started to shorten the series over here And when I saw this So this is a soak just into a high liquidity level at 280 You can see over here price goes up Gets to this red level Comes back down I know they're done They don't have over here anymore Possibility Okay to push this back up And look its spike Is sold when we have the Yeah, 9 20 over here 9 18s or 9 18. We are the crack of the VWAP boom This is before the open we push the VWAP crack Over here, we push the VWAP you can see again A push into the high liquidity 250 in this moment. This was pumped So we have a first part over here that you don't see a lot of sellers When we touch the VWAP traders know it's time to sell to short boom. They short And then again secondary push we're looking at trend line break Dump and then again Pushing this liquidity Again that 250 you see exhaustion boom sellers in control and again they push back up again So it's always sideways, right? That's the reason why if you short over here These heat maps in a sideways action you have to be ready to consider scalping it which I don't really like I prefer to start my position over here pretty high And then I can add on these pops being always careful I will not lower too much my size And then at a certain moment I start seeing one two three four Big sell orders over here above the actual price Uh, so I showed it up here to 70s. I add on these pops over here now. I'm holding for one nine and lower This is one of the biggest trade I took today. I didn't have time to cover. I I shared Uh today in in the room this Uh, but I really I like this a lot one thing that I wanted to show you is this morning on tnxp I posted this And uh This I believe bruce will find it also very interesting So you can go And check what I posted Uh, what was my plan, but I will explain over here So this is tnxp in the morning seven o'clock comes the news, right? Yeah, good work on acd and uh You can see that first part over here Basically doesn't have a lot of volume and then volume comes over here, right? So look at these blueprints Okay, so buyers buyers over here and then look Just a sweep over here boom stuffed On this area I shorted So I shorted with this risk I covered And over here I trill out everything why? You can see two main different zones You can see this zone over here With a square red. Okay. You can see over here the red square And then over here I put this green square So we have a moment where sellers are in control Let's zoom out and is this over here. You can see all this magenta And then a zone where buyers are in control where you see all this blue So that is really for me a shift between Uh supply demand Then over here, we know what happened. We saw a big clear out The man in control the man in control parabolic move Supply now in control, but we're still above the premarket high So it's not for me an a plus setup for a short I'm okay holding the short but it's uh I'm still waiting for Adding size Let's continue to watch traders TNXP Nice nice nice rejection TNXP Nice rejection I'm looking traders for four over here in TNXP, right? And like when I see days they stalling this is a high liquidity around 436 Breakdown and coming of this level at 415 There we are Jalen's coming over here. Perfect Putting my covers into the fours We're getting there traders. We're getting there patient because this is so slow Is really so slow And it's not an easy fader, but they're simply holding each dip Okay, TNXP one minute J lines So Taking a good chunk of covers over here We're near this demand zone so we can expect Some bounce over here premarket. I remember is over here is 370 All right traders. So, uh last few minutes Um, if you have any questions You can write over here on youtube or You can just write in the discord room So stop we traded today and cover where tesla We traded also hdtt, but I didn't uh Yeah, we covered parts also over here. This is now a nice big supply area between 220 and 250 Sellers are in control We covered TNXP long and short So we spoke about the sweep indicator We spoke about the washes stuffs the bounces We spoke about the levels supply and demand I think we went over some good few concepts Yeah, great great trading today. Uh You nailed all of them joseph Thank you bruce It's it was a good market generally, you know when we have the the streaming around 10-30 Maybe sometimes we have like some big caps, but not often we have like these great wednesday Today was really really good. Yeah, just a note to to everybody For next week There's going to be a just breaking the news now. So we're doing a special webinar series It'll be a crypto webinar series So Joseph trades crypto as well. So he will be presenting next wednesday on how he trades crypto And if you guys haven't checked out that new liquidation indicator You should have gotten an email for it or I can put the link here into youtube as well You guys can take a look at that And if you like this video, please give us a thumbs up there Uh, this is the kind of exactly the kind of Quality education We strive for here at book map. Uh, and we're very lucky to have Trader like uh, joseph here As he expertly goes through these these markets here as you guys can see today very clearly So what yep, thank you very much joseph Thank you bruce Okay, so I think we covered the majority of the things over here Again, uh, if you have any questions, just write to us. We'll come back to you as soon as we can As bruce said next week on wednesday, we're gonna have a new webinar together on crypto So i'm gonna prepare like some good stuff And uh, also, thank you for being over here every single time Again, uh, bruce is doing a great job book map. This is uh, we say Free educational that you receive So props to bruce for organizing this in esteem Again traders. Thank you very much. See you next week. Take care and uh, safe trading. Bye. Bye. All right. Thank you joseph. Bye. Bye