 Around 10 15 10 20 so we'll look at the futures like we usually do Monday Tuesday and Friday and we'll just go through some of the analysis Live-forward looking analysis about that and then we'll when Jay trader gets in here Then we'll turn it right over to him. Good morning Guido. All right, so Yeah, okay. Good morning Alan. Yeah, I'll touch base with you later and I just sent you an email actually so anyway For those of you who are new in here Actually, I don't know if we have a lot of new guys in here yet. Maybe they come in a little bit later when Jay trader gets in here But let me just describe a little bit about our education. All right, so Understand the concept and and what this is all about and building the bookmap community here trading community the The concept is this we have an educational course. It's about reading order flow and understanding these types of markets Really how the market works down to a binary level with basic market mechanics That is part of the that's part one of our educational course and that is essential to understand Also part two about the structure is also pretty pretty essential And I'll show you immediately. We're gonna look at the NASDAQ email. I'll show you exactly why this is so essential to understand Then we have these live forward-looking Analysis webinars so you can apply what you've learned from that course into any kind of trading method Any kind of setup any kind of trade management will cover those But it's more about understanding and reading and integrating order flow within your trading Then we have the live trading room two days a week Wednesdays. We have Jay trader for stocks and Thursdays We have Scott Polsini for futures so that you can also get insights to other Professionals and their way of looking at the specific order flow and their trading methodologies and trade management So that's a very complete education that you're getting and this is all included with your global plus subscription Hey, so I think it's quite quite a nice offering I don't know of anyone else who does something like that. Anyway, let's you guys know who Jay trader is I have his contact information. I'll be putting into the chat here He does offer education and mentoring services. So if you like what you see you can reach out to him Putting that into the chat there Let's go through some disclosures. So you know what you're getting involved with here with this live trading It is in demo. All right, and it's simulated and it's not as accurate, of course As if it were live trading with real account and we do this on purpose It's by design so that you know, no one's all caught up in The the profit and loss here and it's not a trading recommendation. It is educational All right, so let's just go through it here 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 Live trading is in simulation demo paper trading mode and strictly for educational purposes live trading Executed in simulation cannot accurately represent realistic trading performance risk disclosure trading futures equities and digital currencies involves the central risk of loss and is not suitable for all investors and 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, that said, let's jump in here and here's market structure. Let's go over it right away guys did also want to Pose the question here. We saw a beautiful move yesterday In this NASDAQ e-mini. It's over here in this area and we were looking for it to trade up into 16 to 50 And we knew it was a strong move. We knew we had correlated markets as well and I don't know somewhere down in here. We're looking for it and Beautiful move and it continued on up higher for the rest of the day All right, so I hope you guys let me know if you caught some of that it was, you know, very very powerful move and You know when we have those markets on our side the correlated markets as well as this move that is telling us They are moving the market. This is what we're looking for right it It's clear. There's some clarity here in the order flow and other markets are telling us as well now market structure Let's talk about that What's happening now? Well, look at all of this sideways consolidation here Okay, after that big move. Okay, so this was about midday here when that Consolidation started and it's been until right now now. Why market? Why is market structure important? Okay to understand. Well, look where we're just going right now in the cash open Okay, 930 cash open down to where the bottom of the structure All right, and we look for that now How do we if we see sellers starting to come in? Well, then we start to look for where are they going to likely take it and we look at liquidity levels Okay, well, this looks pretty good right here Okay, high liquidity has been in the book for a while these these look even better down here And now it only came down to here right it went through that one One more area of liquidity just just here around 275 and then it it's gone sideways here and we see actually a pullback here In fact, we are above point of control here. If we get more buyers back up here at 3 12 or so Okay, we should probably get a move back up into 325 or this area up here 333 okay, maybe even 350 right it's in a big consolidation period right now Anyway, this move down here. Okay understanding market structure But it went a little bit or just just about to it right the swing here From the overnight right here, right? So, you know putting these pieces together if you see them driving it away from the center on size Look for the bottom of the range take some profits if you're still bearish Then you're holding and you're looking for lower levels as well Okay, now let's take a look again at the same structure here And and put some pieces together right so we have this big profile here and just the profile is very simple What we're talking about in the profile here is is just This this consolidation is just showing you where that volume traded Within this whole range here this whole range right and the most trade levels right here right around this What is it? 300 levels sixteen three hundred okay, which you know it makes sense That that's a big figure In round number in the market here, but we are above it now Okay, now are we accepting above it? Yeah, not bad so far So we're looking to see if we can get more buyers to drive it to the other side of the range here Okay, because we're above this point of control It just means that you know, we're above that area and if you see Bigger green dots in here means aggressive buyers They're lifting the market up into some of these other areas to meet some of the sellers on the other side of the range As simple as that supply and demand Okay, the supply is up here. Okay, there's some of here at at 25 and then up here at this 33 level If we get our buyers in here, we'd be looking for that Okay, and it's kind of bullish here because we're already above the value area the most traded level just means, you know that this is what Seems to be the the value of this instrument most traders agree because they're trading it at that level if we need to see that Value disrupted we look for big buyers big buying here to move it away from that value area and and create a newer value area So here they come we're looking for it. Okay, so looking for the move up here to 325 or so And then maybe 333 Okay, now the first stop would be just top of the range here So actually it's a little bit lower. It's 321 So, yeah, I'm looking for a test to that Right from these buyers here. Okay, so far so good. Let's see now Yeah, you know, we're looking for that now We got to go through the opposite scenario and the opposite scenario Would be sellers. Let's just mark up our point of control area here Heck the easiest way is just to configure it All right, there we go We'd be looking for sellers below this area here and for them to drive it away from that value area right now we might get if we get a lack of Buying up here Okay, what we're gonna get is we're gonna get responsive Sellers, okay, which means that they think this this is out of value and they'll trade it back to value Now I wouldn't go with that scenario right now Because it we see buyers here more buyers more buyers and more buyers Looks like they want to lift it away from this area. The majority of the traders are telling us that In the order flow, so we're looking for these buyers to lift it up into some of these areas Okay, there we go. There's our 321. Okay, so that's top of the range now Or I'm sorry, it's top of this little range here and the other bigger range is up here at 30 at 330 And so then let's continue on up looking still for more buyers to reach it on up into this liquidity here around 333 and let's mark up the top of the range as well All right, so is that clear any questions? Understanding the order flow within the range here And and what it's telling us Okay, and there's many different ways to splice into this trade and take some profits and and hold it etc All right. Okay. It looks like Joseph is in so hope hope you guys found that value and Let's turn it over to Joseph though and we'll get going here with some of the stocks Good morning, Bruce. Good morning, Joseph. How are you? Good morning, everybody. Fine, buddy. Thanks for the great explanation. It was a listening I don't know how long you were in there, but I hope you found it helpful Yes, thank you very much So good morning traders Today the market is pretty slow this morning I was Looking at GOEV, which is an overextended play Prague PROG was looking at the breakout on Netflix. I am small cap Papaled on wine and Apple. I'm actually in a position on Apple over here and I will share it soon The reason why I'm looking at this stock is because we have a steady uptrend so you can see that on the Daily chart, we're holding that 200 over here And now we're forming this cup So I said clearly even the live streaming pre-market and I still stream Bookma, so I suggest you to follow us We have the 153 and 20 which is a daily resistance. Okay, and if you see over here on book map You can definitely see a big resistance 153. You can see over here almost 200k Okay, so that's a pretty big resistance and all the above that resistance I'm looking for a bigger position for now until I'm inside this range. Okay, I still until this cup is informed I'm playing only scalp and small size Going to a five-minute chart We can see that this morning. We had two daily breakouts Daily of the previous day daily of two days ago 151 and 90 I can take off over here the settings for now. All right Actually This one and we can see traders clearly a break on this morning with this 151 90 152 So they went to clean over here around 100k and then they pushed a dip and they popped to the 150 to 80 So that was the first resistance. Okay, so we had the first push a first wave So what I want to do over here. Am I going to buy at the top? No, it's like if you buy Bitcoin right now Okay, you cannot buy the top. I'm waiting for dips and we had over here dip exactly to the j-mines, right? As I said, we are still not in a play a plus setup environment A plus setup is if we're gonna get above that 153 153 and 20 over here, we had a pullback and You can see that the pullback comes directly Into this level of book map So look the gather traders are here. So we have the dip into the 156 and 151 and 16, sorry And over here just into the 151 and 50. We have a decent heat map Start soaking over here. You can see that bars come in. So these blue dots means that we switch from being I would say faders to buyers. Okay, so from supply to demand. You can see over here the demand collecting Absorbing just below the VWAP and now pushing and over here. You can see clearly up to and look those Dips right those dips over here. They are basically saying one thing We are making higher lows relative higher lows and at the same time you have more parameters That tells us that's a pretty good long Because we have a dip over here into the jailings and then right away pushes back up Okay, makes sense. All right, if you have questions, just resale, but that basically it's Good setup for a long is the J lines curve long side that I played them All right. So when I'm talking about that you're basically knowing What I'm talking about. Okay, so We're not do like this. Yes. I maybe prefer like this. All right Now we got to the previous resistance. So we got to that 150 280 150 270 and you can see over here that they try to buy Okay, so we still have buyers, right? They try to get to this peak 152 and 70 then we had a small distribution pattern. Why do you see over here is this distribution pattern? So you can see exactly This and then boom and one and you can see over here sellers Now what I'm going to do do wait again that I have a dip into this jail So wait again for 152 152 10 Am I seeing something over there? Yes. I'm seeing again another support with book map Okay, but for now, you see sellers, right? So I'm not looking to compete with these sellers. I'm simply waiting. That's my dip Right here. So hope that is clear a plus setup for long or the scalping play. Okay, still remember we're not outside above that previous day trading resistance people So if anybody traded people this morning We had a fader. I Mean trade like this I think this is the best setup of the day. Unfortunately, I'm not in I'm flat for the day I'm coming from two very good days Monday and Tuesday and We had some very good setup futures small cats big caps Everything was playing on okay But today simply I didn't have setups beside a small one an apple beside a small scratch on I&M small gate and that people was a very good set up that I missed, right? So Basically pretty Flat day, but it's good cash is a position not every single day you have to trade Okay, imagine that you have to be for today more like a swing position people So again, first of all check out your daily, right? I Want to fill a little bit over here Heatmap Size let's put for example 200 maybe 400 not too much So I don't want to see too many levels over here of heat map just the most important ones and This morning you can see that we are Breaking down this bear flag, right? So we had a Fail over here get down earnings right earnings miss Pull back to the 9 may on the daily and this morning. We're simply feeding so my target now on papal is This one right 200 If I go back to the five minutes We had that an A plus setup and some traders called it and took in the room You can see that we have one two three four five bars of pullback Price being above the J-Lines over here. We open at 940 above the J-Lines So it's these two blue lines and then we start fading so look at 210 210 zero five Okay, so let's look together. Okay. So first of all, let me zoom out a little bit First of all, you see over here that we have sellers, right the majority of these dots. What color they are All pink you can see over here all magenta. That means heavy selling in that moment and you can see over here my My times in sales is filtered, right? I don't want to filter for One of the shares or 10,000 shares. I need something Efficient reliable for papal and I can tell that papal is very good filter 999 1,000 Okay, don't try to exceed going two or three thousand because you will miss so many prints Don't try to have only one of 200 shares because then you will see too many prints and you will get confused I want to see I would say the decent orders Good orders decent orders and I will say the blocks because even if we'll see over here 1,000 shares minimum, then we can still see like 10,000 20,000 shares when we have blocks pass And I saw a few of them this morning. Okay, I saw a few of them this morning So at a point that we have over here All these pink dots we start having a support this to the 2009 Let's switch to a one-minute chart So price goes to this to zero nine. You can see over here the consolidation, right? So if you missed the first J line rejection as Bruce knows this is an A plus setup for awesome people, okay? Red volume means fader Trendline break J line reject you see the field is J line we here of 211. That's your A plus And exactly that moment we start having this first Sign of wash of panic selling over here. We have accumulation. All right accumulation Or possibly yeah accumulation because we have over here somebody that accumulates Soaks at two zero nine. Okay, so this dip over here All right is why do you see over here on the left side of bookman? And then we start making higher lows and you can see we have buyers buyers buyers buyers All right, we can even have partial of these they will be Sure sellers covering. Okay, and then what happens? I don't see any more buyers Where are the buyers really they go? I see one more over here. This is really the last one We have the previous resistance to 10 right so just above this bear flag and This is one of the pattern that I trained the room. So when the price is just simply below the J lines Simply starts filling with an anime Bear flag over here and then two zero nine level to re-enter If you look on our bookmap chart things are even clearer, okay? Keep things simple trendline break Pail of the trend line that two zero nine is this level over here pops Rejection of that level and then when you see subtle jumping in you have a very low risk because this is a lower high Okay, and your risk is just about that level. So that's your risk lower high coming down and You see the majority of these is not I see any kind of blue mean the blue that we have our small I mean right now just shares who cares what we have over here is a 9,000 seller We see a 7,000 and under seller. We see over here 7,000 so so the majority of These dots are big sellers versus the small bar. So the bars are trying to I would say hold this up but I don't have any kind of Efficiency over here. Okay, and then we start making lower highs and again lower highs and again another pop Into the 90 may and still this is a good level to short So exactly on the close of this bar two zero seven and seventy five, okay? We're talking about 10 zero one 10 zero two. Let me see if I can find it. Okay over here so You see again the pullback, right? Start seeing over here the pullback So blue blue blue. So we have bars over here these one two three bars remember the best pullbacks will be between two and three bars and We have only bars over here at a certain point. We started seeing a seller making a lower high lower high over here exactly Okay, so what happened? You can show this level you look for this to unwind to the two zero seven We don't get that level over there. So what happens when it curls back up? You simply have to use use your sort of your wrist break even Okay, then we have a secondary attempt over here. So this second Beer flag, but I don't want to jump two times in a row. Okay? We already have one beer flag second and three ones So that's my rule when I have already three of them then my odds are simply getting lower lower lower At the same time So look from another perspective. That's the reason why I always say use zoom out We start having this kind of scenario and what is this traders? So if you look our chart in one minute, you cannot really understand it If you look at the five minute, you will see like so small right look over here. How perfect this is This is a reversal pattern. Okay in this case you can see that that's Enant and now we're simply looking to go back to the jail. It's all right So I'll start looking at this support Support rising over here. So they move the support from two zero seven then more at two zero seven thirty So probably you're gonna have a dip to two zero eight and then two zero eight They'll form a little bit more of support and then we'll uptrend Back to the jail and so I'm till two zero nine. I'm not looking trade this so I'm so waiting Joseph you you will take the countertrend trade there if it goes far enough and then you have no no no I'm looking for a short moves a shorter than zealots up here. I I understand But but I mean just just to to clarify like when you see the the big moved down There's other times when you do look for an opera. I mean a small opportunity. Yeah, let's say for scalping purposes Absolutely, you're right in that case This double double bottom or even triple over here and then a trend line break this spot for me is a very low risk for a scalp but you know, I I wouldn't suggest traders To start scalping if scalping is not for them only because everybody is different and I have for example mentors some scalper trader that they cannot into their swing vice versa some swing traders and today They cannot scour so you just need a little bit To to know yourself. Okay to experiment, but this is a good level over here Especially these exosciences you can see very good how we did right like a v pattern v pattern over here Big soak on the book map one two three. So we have one two three three relative higher lows break reversal this for me Bruce is One configuration that we saw often on the big dips On on big caps like we seen it on mRNA. We've seen this on Disney We seen this pyrrhen in the last weeks because all these were main faders. Thank you You're welcome So always reached out traders if you want any kind of explanation, right? Or if you have other stocks to watch So as we said, we are watching people Apple so Apple As we said before it tends to have these pullbacks into the J lines You see over here the J lines and then before I remember over here saying with Bruce So you can simply this is recorded go back and said we'll be looking this for dipping to the J lines Again, let's see if we had any kind of big dip into the jails, right? And over here we are few minutes ago 1028 So 1028 This v pattern so look even here traders. What do you see? What do you see over here? I? Mean, this is a clear. I'll go. Okay, that is pushing down seems on purpose the The price and I'm really And I'm really sure about this. I'm really sure this is a manipulation So over here you have him flashing over here and I don't care if he's poofing or not this is an algo and then he puts himself over here and then he puts himself over here and Then he puts himself over here and then he puts himself over here and over here and over here and over here What is doing stairs that pattern is called is guiding the price down? Why? because over here traders he wants at the same time to To so That support Sellers, okay, so over here. We have sellers. He's soaking 68,000 and then they're starting to buy over here Okay, I'm sorry if you hear any noises, but they're I'm remodeling over here my my my place And at the same time buyers. Okay, so those buyers are exactly over here into the jails also Previous support level. Okay. I hope this makes sense. So you have to really notice this Amazing unwind stair step pattern. Okay, so those are all algos over there and then over here buyers and push Bruce Are you here, buddy? Yes Could we make the title of this session really about how to spot algorithms? Sure Okay, because I think this is one of a clear example then who will watch it will understand right away how to I would say find and Understand how Algorithms so in this case big hands right before we had market makers, which are people like me and you traders now We have only computer automatizations over here So they use algorithm and to first of all understand our psychology and are I would say Price section mentality Attitude of trading they learn from our habits because alges are this they're learning from our habits and They use them to learn how we trade so on purpose what they're gonna do if you have over here For example a support they will look for a fake breakdown. So they will go like hunt the stops because over here Big cap players long will stop out for example Instead over here. It's like the game that they are thinking so the game They are planning it's gonna take place because they will simply look to buy on the support Right away. You have to see this Initiation over here off buyers. So the tape being green Okay, so this is what I'm trying to make understand all these little new answers over here that They will completely change your style of trading Okay, this is really how to look for manipulation if you want to trade a smart kid markets becoming Smart and smart every single year. We don't play anymore Single breakouts like we had 20 30 years ago. We were playing over here with algorithm with machine without against machine High-velocity trading, okay? And we need to know how to take advance of this otherwise will be simple crumble by Yeah, Joseph a few comments if I may Really great And this is exactly the kind of visualization book map offers being able to spot that to see that behavior and and and take advantage of it and and you know, we see all sorts of different behaviors in this case I totally agree with you that that Larger player with that stair step down pattern is you know affecting the offer and Pushing price away into their their buy shares because if Many times you'll see someone chase though. Maybe they're you know at a loss and they're trying to Really stop the bloodletting But they will stay in the order book and get filled This Algo or this action or this actor they did not they as soon as they got it down into there They pulled that Algo on the offer so they had no intent to trade and and Therefore you can be pretty sure like you said that that that you know was an algo trying to get Their orders filled on the bid down at a better price exactly and What traders need to know is that you don't have to follow the masses? I mean in this case you have to think okay market is going down Is there any other purpose? Is there any other reason why they should make an unwind or simply relight price action? Because we broke an important support and we have sellers today. Okay, so Really what we have today traders over here on Apple is absolutely an astounding competitive Way to detect and to spot algorithms if you start to look at this trading will become so much more easy Okay If you look at the price, sorry Bruce you wanted to add something Yeah, if I may Joseph I think it this is exactly the correct way to look at it the way you're you're looking at it here because You're combining that activity with the The price action on the higher time frame, so you're saying okay Well, they are stuffing below an area triggering stops And then getting involved and getting filled So it's not just like you know viewing this little small activity of one individual player It's a bigger picture approach that you're combining that with that makes it much much higher probability Yeah, and we have to go see that Apple today It's still not a long because as I said we have to wait for that 153 and 20 breakout which is a daily resistance and right now is making is forming an ascending triangle with a resistance 150 to 80 so we have also a smaller I would say Solidation right before then the 153 and 20 and at the same time we have to look for these Interarranged manipulation. I mean this really this example that we saw the algo from 150 to 280 Pushing down. Okay on purpose over here the stock with those algos one after another so repetitive So like schematic so you can see he's the same and it's so fast that a human being cannot Do that again because we have exactly 10 different algos in 10 seconds like one cancel one cancel one cancel one cancel I mean or you have to be like the worst best gaming Trader in this case a game really because you know gaming in and out and out Otherwise, it's really like an algorithm and over here and that's what it is And he has the purpose to make somebody buy and that's supported 152 and 20 That's the main thing. Okay Now let's start looking for any kind over here or breakdown Or if he's still let's say this how we're still in play. Let's see if there starts soaking the support Okay, let's see if they start soaking support and we cannot buy over here on the support Because we still have some sellers. You can see that the dots over here are still read before look what happened Before the soap they start forming right away blue and Bruce can tell you how beautiful this V pattern over here This V pattern that went exactly into this heat mapping this support They found over here that liquidity was holding and they started like then reclaiming the upside. Okay At the same time if I may add Joseph I mean, this is a really good example because look what that even with that manipulation It's short lived, right? Yeah, like they only got it up to a certain place and just there was more sellers So so like I think it's important that they could just make the point here to a lot of traders Maybe new to book map right now that you know, this isn't you know, you're not we're not saying like You know, you're looking at this and saying that oh, it's gonna go, you know to the moon after this It's a short-term order flow phenomena that was combined with the bigger picture here But it's starting to fail now too. It's coming right back down and we're finding more sellers So it's just kind of like a quick kind of blip and then you know, you see the market just kind of absorbs that in general or Digest that in general and it kind of goes back to it's down trend here in this case Exactly exactly So Now, okay at this point what we see traders train change Because we started to pass so shift over here from the sellers right now into the 1037 time And we started seeing blue, okay? So look how fast you have to be right away when you see this bounce, okay? Basically, we had the same thing we had before they started to buy look no no sellers over here This is strong buy. Okay. This is strong. Look even the candle over here. We start making another higher high and higher Higher low on this bar. So this is perfect. We can get again back to the 150 to 80 look the difference over here I want to I want to really market with a screenshot and Over here, we have the main so clever just like before and we shift from being all red to making this cup pattern And over here being all blue. So this is the long Bye. Okay. This is the long and over here. We start pushing So very very very nice situation over here very nice situation I'm gonna place it also on our book my prune Yeah, and in this example as well like So it had to come back down and retest again to that area And what was the behavior down at that at that retest? So now we're getting our answer. Look at the buyers coming streaming in not not something now. You've got something even stronger Now, now, you know, you know, you have more clarity And we're still considering this Bruce as an ascending triangle. So ideally if the pattern will work We have a stock that has to go back to the 150 to 80. I mean if this will Confirm to be a I would say normal. Okay, just just pass it a normal ascending triangle. So I'm very clear pattern off technical analysis Then what we have on our side I would say to Back us up with the tazis is this price section in this order floor in this case And I'm really looking now really only at the dots and if I have more support coming From these dips and the 152 in 20 152 in 30 152 and 40. Yeah, great stuff So I'm looking also Bruce at Sev s e v Let's see if we can upload this right now Also, we have to go back on paper. Remember, we are falling on paper We are fading on people after certain times. So after nine sorry after 10 10 30 I start looking more at the 10 minutes or the five minutes are okay We were saying before we're looking for a jail on rejection But we didn't get to that jail on rejection at 10 25 So no proper trade for me. Okay, no proper trade the the point where we got over here is this one We are looking for that To 08 at 70 exactly where we have the book exactly over here Now they finally broke that support to 07 which was a previous support So this is a curl down, but I'm not looking to trade weakness over here. I Found out at my expenses. Okay that weakness kills you It's like if you buy a stock at a high the same exact thing I think the price section over here in Apple can be more interesting So now we have again traders in this pullback, right? This is a pullback. Look at the picture Let's do like this. Let's zoom out a little bit. I'm gonna make it one second bigger. Look, this is an entire picture this morning and You can see clearly at the level over here of 152 152 and 20 we have simply some big buyers Okay, this is a big buyer because we had one two three four five five dips and Each time they try to really break the support and unwind it and still Is go with their forming a support holding the price? At the same time We know that above we have a big resistance 153. Okay, everybody knows it. We have 300 K Set on Apple at 153 300 K, and we have an interday resistance 152 80 with not really Too much of big heat map over here 152 80. I mean, this is even like canceled, right? We don't have that big one over here. I'm still looking for that Pattern to go to the upside in price section. We're really determined over here my bias. So let's put again My dots you can see over here buyers coming back in again. So that's a normal small pullback traders from that 152 and 50 Okay, it's a normal pullback over there Possible break I'm in 152 and 50 and there we are 152 and 50 56 So they're tempting over here A push I can see that I can see that from the higher lows. I can see that from dip holding They're trying to have that break. So I'm looking for a long above this heat map over here 152 and 55 152 and 56 for now they stopped it. So at 152 and 56 I will also buy this on my account over here Risking the 152 and 40 so risking this support over here because I'm looking at two main things on Book map. I'm looking for support and Which this is our trading range on over here The the interday chart I'm looking for the day lines, right? So Jaylin's holding all morning. You see the perfect dips that we have over here It went over on the V web, but not a Jaylin's held the Jaylin's perfectly on that So I'm really looking for that price section right here Soaked again Bought it to 152 and 56. We're gonna risk as we said 152 and 40 So right away. I'm looking at the next resistance level in this case. We have this 152 and 77. Okay So we're looking to sell something to the strength It's like when you trade options mean if you weigh that the market gives a pullback and then you sell the options Prepare yourself to give back the majority of your profits All right, because the market unless you have a really strong move this squeezes and Up trends like 10 15 bucks per share otherwise you have to sell us right? So I'm sorry Some sellers over here at 40 Trying to hold the 50 You can see that still we don't have big sellers. The tape is still relative green So I'm not really impatient on the trade We have a tight risk The 40 which is also This 90 may actually is at 36 37 See, let's see if they're gonna soak in that previous low Now they put the resistance 150 250 You can see a seller came in 150 250 right? 150 over here so they soak something like 15k for now a 150 245 You still have our uptrend 150 250 is refilling went Added a position 150 250 the risk is still at that 40 Okay, so we're risking that 90 may We're gonna see the volatility coming and we want to see those highs. Okay, so that's the main target The risk is 14 cents and we want to see at least to our okay Again, this is a sculpt trade because the main setup scenario would come above that 153 and sorry over here on the daily that 153 and 20 which is the previous main relative high on the daily. Okay, exactly This level over here. Also, let's check the five minutes are We're up training good So, yeah, 90 may sorry on the five minutes are this is the one minute and one minute can limit Wash you out a few times like and screw you so 55 54 See I see volume coming in some green volume over here some good green prints So I'm gonna grip some good green dots 152 58 and we had the seller jumping in from this 152 and 58 More seller over here. So in this case traders You can see that seller jumped in again So we reach our stop loss. Let's see still holding that 90 may on the five Even just few cents of wiggle room sometimes you just do that to make you panic out 38 36 In this case, we had the SM sellers and they're trying to hold the 36 you see some bars jumped in at 36 39 40 I prefer to watch this price section on a five minutes 42 43 Again, they're trying to hold it right and now new buyers are coming in 152 and 33 152 and 40 And we still have this 90 may as a guide and the jail is as a guide 44 I still see more sellers over here. Those dots are not green dots I blew dots in this case as I want to see So for me, that's some very important aspect I want to see that the majority of the I would say the ratio between demand demands and supply is green They're approaching again the 47 48 now I start to see a little bit more blue dots over here If you look this traders on a 30-minute chart That's a pretty good pattern you can see that we have a Pen information right big pen information over here That give me that support of 152 in 20 and The level of resistance 150 280. This is looking I would say on a bigger picture Again buyers approaching over here. It's just really we need to wait for that or exit below the 90 may Or for that push to die 80 over here. Okay, so still forming an ascending triangle. You just need a little bit of time This is really the patient that you need to have while trading a lot of patient in this one In the meantime, just want to shift two seconds on papal so people still unwinding Okay, creating lower highs lower lows and Papal the setup that we had this morning in In our with our day trading strategy is a short ride at the gate In the first few minutes over here 941 Jays break down rejection perfect for a nice unwind over here is up already the strategy for box per share Okay, as I said personally, I didn't jump in. I'm not in on this one, but that was an a-plus Let's look back at I was not in it just because I didn't have on my plan this morning And an up on my watch list. Okay, so 1 52 and 50 again. They're formed that resistance Okay, they're breaking again that 1 52 and 50 so they are doing this consolidation and Consolidations in this case with a 150 80 breakout level They have two outcomes or a stuff into that big resistant 152 80 and Simply we have a big cell over there that will jump in and put the price Make the price back go back down 152 150 sorry Otherwise, well, I've simply like I believe we can have a breakout until 153 and 20. Okay, because if we look this I Would say with the swing idea, okay with a swing purpose the answer that we had this morning is very good I mean that you had this morning is very good for an intraday purpose Only about 153 and 20 and we have dips on that then we kind of a very very very very big We say I'll come In this case is going to that high one fifty two and seventy seven. So we see a progression over here of of buyers, right and I'm gonna show you the chart over here with 30 minute We say time frame if I can make it. I mean, I'm using over here a Consecutive set of higher lows on the 30 minutes, right? So you can see that we have two big buyers on the break of 152 and 50 now We have some sellers at 152 and 74. They're breaching that 152 and 70 So this is pushing 152 and 80. We'll have the breakout and Breakout may come So we're here personally traders. I think I treated a plan pretty good Because this is my on my other. Okay, so I have an average over here 152 and 40 and If we're gonna get that breakout want to see 153 so price action over here is the leading indicator Book map a plus this morning. Okay. So it's that the resistance over here What we can do is take a little bit of partial. So selling only one third We don't have to be too early selling over here. Let's try to sell the ask so it's seventy seven seventy eight There we go. There we go. So break of the 85 Break of the 80 we can see traders some very good volume 152 and 85 and now we're gonna get that 153 and 20. Okay, so easy setup a trending good Joseph if I may Jump in for just a second like so You you identified that algo behavior of that larger actor And and then you know, it hadn't had a short-term effect And then your price came right back down again into that area and then then again you saw that there while they're still supporting it at that price level Yeah, right now so You know, you've got you know, it basically the point I'm getting at is like The smaller kind of moves that you see some from some of these algos and it I know you know this it's just to kind of get the point across to other newer traders with bookmap here is to Understand that that was like, you know a larger player and it had an effect, but it was short-lived But it was still supported And then and then you can see the ship the bigger ship starts to kind of turn and then other Other traders start to join in on that And so it had an effect and it took a while And but now we can see that it had a positive outcome or at least for them. It certainly did Look over here Apple now Bruce. I'm long. I found your shares on this so On my real account So I'm gonna look for a pretty big target over here if you can break this 153 Now I'm trailing everything 152 and 76 because it's the previous support over here below that resistance, okay So previous resistance now support 152 and 76 if you can break 153 My main target is 153 and 20 if you break that 155 a new highs coming. Okay. I see the breakout. I see the interday pattern I think we took a very good day over here and This can be a homerun traders. This can be a really homer. Let's see if the 153 So we have this Resistance over here. You can see let's see if they're gonna 300 K resistance on book map 300 K resistance over here, right? So we're not talking about 300 K resistance just want to make a point out of this because not every single day We'll see a resistance like that And I'm gonna make a point this is the 300 K resistance which it went. Okay, so lasted duration 10 seconds so 10 seconds in 10 seconds they turn to K. That's a point I have still 500 shares average 150 240 So we're gonna have a big one over here and that's it That's it. My Bruce 153 and 20 So I'm gonna sell partial over here again and also partial with mine and 153 and 30 trade Joseph Thank You Bruce selling partial over here All right getting filled So that is the main thing traders look for those resistance levels to be breached, you know just said I'll stop on this Algo after this but what I find so Helpful with it is the insight that that we got from it and it's not some sort of Indicator like a derivative of time price or volume, you know, like maybe you're looking at MACD or RSI or you know Whatever it might be This was just, you know, objective market behavior at a level of importance that gave you additional insight And you can use that exactly exactly 153 and 40 Still uptrending now we have breakout traders. We have buyers over here Look over here to it is right now. I mean, this is a perfect way to Understand housing trail, right? 153 and 50 so we're up about one dollar and 10 10 cents from our entry Let it go. Let it go. Let it go. Let it go There's no reason over here to close position. We have to hold at least half of our position So that's what I always say in the room Some traders get out too soon and basically what happens over here in terms of first management if I'm gonna exit a winning trade too soon and Then I'm gonna cut even if I cut correctly a bad losing trade. Okay, I use a stop correct It's like I'm killing my RR on the setup on my risk-reward ratio and Basically my profit end of the month will have a big inflection from this So let make your Wins run and let cut your losses soon All right So 153 and 60 still going still strong this huge amount of volume over here See So Bruce we had a maximum sign of minimum size already. So we had Bruce Six Okay, six blocks on Apple the biggest came is 153,000 Okay, so this is a buyer This is a buyer, okay, this is a buyer. This is an incredible amount of volume. Okay so Joseph if you can maybe Give us insights on your trailing And when when do you take profits? What what is the some of the? Criteria Okay, there are Different set up set up sorry that I trade but over here Bruce question for you question for everybody that is listening is Apple making still higher lows and a higher highs on the one-minute chart Bruce Yeah, very clearly So in this case, there's no point for me to sell any partial if it's still making higher lows If we make a lower low like in this case Then I can start looking to a little bit more but for me right now this setup can become a swing Because we are above that daily resistance. So the point is let's look to trail right now with 153 and 20 153 and 10 Because we still can have big potential. I mean, it's just That you know idiom that you know Cut your look cut your losses and let your winners run is is We hear it all the time, but it's not so easy to do Yeah Now they had a dip dip was bought over here So that dip is in the 150 340 just the 90 may So I'm writing something for our members Bruce That I wanted to be very clear So we have blocked buyers on the break of the daily resistance on Apple Okay, which is first 152 and 80 Then we have a second one 153 and 20. All right, so we have two big resistances How to look for manipulation August so can be that 152 and 20 we saw before for pushing strong to give us the breakout so The main goal and we said before in the recording sessions if you go traders over there, you can understand the main goal of that I'll go Was to let the big hands soak on Long traders To stop out He got I would say he absorbed. Okay, we can Re-say that he absorbed For day, okay, or maybe day the entire Volume all right for dead propping with high volume So basically we have two situations one scenario is that The big hands bought the dip 152 152 and 20 The retailers Because they can see the daily breakout, I mean even my everybody can see it was saying something worse The retailers bought 153 and 20. There's one buck of difference one buck of difference. Okay That's the main point over here traders, right? So this we can say this is the main daily breakout and This is the first breakout second break out over here. We're basically big hands. I think this is very important. We'll post in the room So we can have over here. This is the daily breakout Do you find it useful this traders I'm doing this for you. So we have over here a soccer Absorber big hand But after I'll go pushing Down And over here we have First be all, you know, be always a breakout Second deal Okay, so that is also another thing you can see over here inflection of volume or contraction This is called we say, I don't know why I did this But it's called contraction. Okay contraction Brooks Brooks, sorry, buddy makes sense Yes, sir Okay, I think this is a pretty good explanation. I think I will post over here in the book map room This was second traders. I said I'm doing this for the all crew Okay And we can really put this how manipulation works. So I'm up one buck and 60 cents on this one So simply incredible trade for the day My bear today didn't trade Bruce milk mist. Sorry mist Entirely over here the options because she would have bought a ton of options over here this would have been a I would say almost a six figures probably so it's still pushing and And What I want to show over here traders that the last part they had a small pullback and then all blue over here see it That is and it's still making our lows. Okay, still making those are lows So the next stop we have still over here from the shares We're gonna do 150 when I have a first lower low breakdown and then 90 man then J lines, okay We're just trying to use over here patience If your tree will give you 10 bucks per share, you don't want to sell everything, right at two bucks per share, correct? Going for two bucks for a share 154 So the day was I would say sideways for me was small green now green came and now green came and Green came because we waited for a plus setup The scalp was there so the reason to enter skull was there But then we can enter the a plus setup for example if somebody didn't answer I mean, this is the setup. These are the cell that I'm looking for so those dips in an anime and then curl back up If you look at the five-minute chart readers right now, you can see such a great pattern of curl, right? That's a great trading pattern curl over here. We like this stuff J lines and book map together are working like a beast Bruce. We should do a bundle We've been we've been talking to you about that to trying to get the J lines in there and Yeah, other things would love to do would love to do more Joseph definitely 152 and 154 and 40 still making on the five-minute every bar traders Harlow, okay This is really incredible This morning, Bruce just to shift a little bit of our I would say Tension on Apple. Okay, because I think we cover only big caps and I don't know I've traded with your total apple of that Totally happy about that. I was saying totally up J lines over here and It's morning. We have one runner. I name is a small cap you can see J lines holding and What we had to gather traders with the J lines over here I'm gonna show you a little bit better. Maybe if I filter a little bit, okay You put this at 9 9 9 9 main support 3 cents up 2 cents away from it 3 cents away at that 190. So you see over here. This is the eat map and That has the J lines together boom Okay, boom again beautiful curls up. So let's get back to Apple Traders we're starting to get near the close of our session Any kind of Any kind of question over here? Yeah, Jay Fox the J lines are that's Joseph's proprietary Lines there that he has that he's he trades off of looking for, you know momentum there and and support the See Ryan Can you take a look at Prague? Yeah, I don't think we have time Ryan if you maybe we can look at it another time and Then oh, yeah about the the volume Delta dots and the heat map settings Someone was asking about that earlier if you could okay, Joseph your settings there just quickly because sure Sure, so first of all Bruce is the main expert in this so I refer to him when I have Some kind of problem. I mean with Bookman has an amazing customer support. Okay, so Right to them. They can really help you Then I'm I've been testing but still like so the new version over here of the Add-ons sweeps indicator and absorption to get I'm still testing them out. Okay I'm a pretty like basic trader. I mean like I study all the indicators out there probably five thousand indicators really during the years and I mean I trade with maybe like Not even the zero one per point 0.1% of them. Okay, so I will only use like three indicators basically Price action or the flow is really what counts. Okay, then we can add tools to make our thing life easier But price action is what really counts volume price action understanding a scenario if we go over here under Settings I Like to have my heat map a little bit modified so filtered I still invite you to use auto over here auto not manual not none But you see I really don't like this. I like this one Auto and then if I don't have any kind of filtering In this case Apple is pretty good today But if I don't have any kind of filtering I start seeing too many blue levels white levels. I don't want that I want to see The main overall traction even because I have four book maps often open at the same time So imagine over there going crazy with all those charts. No, I want to see something that in the glass Okay, gives me an edge versus the normal level two. That's that's the main purpose everybody's using level two professional traders are using book map and Heat map over here. I like to filter for example Normally for the big caps 999, okay, you'll see me sometimes Putting two thousand if I have a very volatile stock can be Apple can be Tesla Vice versa when I have low volatility so and low liquidity, right? For example, Tesla when we have 50 came Volume bars per minute. It's a very low volume day High volume day will be 150 to 100k at least for the first 60 to 90 minutes when I have 50k on Tesla I need to reduce that minimum size Filter the heat map and I will ideally put it to between 300 and Maybe 600. Okay, is it clear this? Okay, the next thing That I like over here are the volume dots. I don't really use the volume bars I mean, you can use it traders. I mean if I have to look at this I mean look at the volume that I have on my pulse. Okay There's VWAP that I use it. That's fine. You can use the bar so the candlesticks over here I always call them bars and Good, that's fine. If for example, if you don't want to look at the chart constantly, all right But I don't use them Sometimes but for now, I don't use it. I like to see just the line over here that the price line chart then the volume dots, that's really important for me and I just like to have that transparency Very very faded because I need to see below the price section. Okay, and for this I'm using MBBO Then I use the clustering smart you can like you can really try to test buy volume you can like to buy smart over here or Buy time. Okay, try to test really And then let me know if you find something better. Maybe like Jay This is working just much better than what you said. Good. Good to learn something more What I suggest personally I like to have them big like this because at the glance over here Bruce tell me who is in control right now Don't look at the trend. Look at the color big blue Exactly, that's the main point. I mean look this Okay Even my dog that cannot distinguish color you understand that this is just like simply the blue in control over here So let's look for this stuff easy stuff. He's big Okay, this is gonna go 155 we were 155 160 So we can have started really a swing position today with an inside trading position, okay traders All right, Bruce will this video will be uploading the book map YouTube section Yes, sir Okay, so I will love also to share it in the room after and Thank you for very much for today, buddy. We had a very good day a very good team with you looking to make some Maybe courses or webinars live this time. Okay, so we like To gather maybe New York. I know you know your base there. I love I have family with theirs. That would be great and Thank you everybody in the meantime for being here Bruce. You need to have something more No, this was just great. Thank you so much Joseph. I'll put it on YouTube. Look for it. Maybe You know a couple hours or so Okay. Okay. Perfect. Thank you again traders. See you next time. Take care. Bye. Bye