 Good morning traders and welcome to the book map live trading webinar. This is Bruce at book map So I'll be hosting the webinar today Monday Tuesday and Friday We do the live analysis at 10 a.m. And then live trading with Jay traders day straighter Monday Tuesday and Friday on On Wednesday live trading with a stocks trader Jay trader and then Thursday Scott Pulsini futures trader live trading with him We also have Tom B in the afternoons. So look for that session as well on our YouTube channel Let's go through the risk disclosures and we're going to jump right into the market 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 Wrist disclosure trading futures equities and digital currencies involves substantial risk of loss It is not suitable for all investors past performance is not necessarily indicative of future results all right, so let's jump right into the S&P e-mini and Wow some nice volatility back and forth big swings As you can see here with the cash opening right here around 9 30 I move down a move up a move right back down when we're just breaking Lows here for the cash session that looks like And yeah making new lows for the cash session right now and trading into Yeah, well looking for looking for some follow-through here It's this is order-flow wise rather hard to read because there's an equal move on on each side here So, yeah, I imagine like, you know, one of the scenarios here more likely is to spike below here You know not get follow-through and come right back up Into the VWAP point of control up into this area up here at least back up into let's see here Somewhere around here so 28 there's liquidity at 30 right there Second secondary scenario is wow. All right. Let's see it sellers. You're already in 12 here Let's see you trade and they're picking it up. So let's see them trade into 10 O5 and then 3900 the future the the figure down here So it looks like that seems to be the scenario here at the moment It's already at 10 So we're looking for O5 and then 3900 here All right now Let's just take a step back and take a look here I mean you can see it's been pretty choppy since before 6 a.m. Here High liquidity up here at the swing around 3945 3950 was not did not trade at least from the data that I have here and We're also seeing some some some pretty big icebergs getting filled right now down in this area here So 425 and then there's another 206 up in this area here So yeah some big icebergs getting filled that means on the bid here a couple different icebergs in fact and Yeah, and nice little stop run right there as well 255 And we're still seeing selling. Okay, so we're almost at O5 and Then after that we have the figure All right, can everyone hear me on YouTube If you guys can give a kind of thumbs up or something there Make sure that I'm broadcasting correctly over there. Yep. Okay. Thank you. Jose. All right, um Excellent. Yeah, thanks guys Appreciate that Sometimes it just I go I've gone on for like five or ten minutes and I'm like, oh, no You know you people are asking are you talking? so, okay, let's Get a nice little bounce actually now. Okay, what do we even get the three of O5 here? No, not quite All right, let's see if the sellers come back in right here around this kind of 12 level You know, we might get that we might get our pullback here back up to 20 Even even possibly 30 here, but I'm still looking for the downside pressure in here Here, let's see if we get our sellers here at 12 and the push. Let's see them push now Continuation here is what we're looking for in the trend And would love to see it at least trade down to 05 here liquidity in front of it as you can see No, I'm still not getting it. We didn't get our sellers down here. We're getting buyers up here now Be careful though watch watch out for this just above the swing here And then we might get the there they come that's what we're looking for the rejection here of this area and Looking looking for our sellers to come swinging back in here and let's see it here. That's not good That's not what we're looking for. We got to get that we have a kind of a triple bottom in here And you can see how look here and this is very typical. We we look for this here If there's no selling here you start to see buyers in here They're gonna come up and likely it's more likely they'll trade up to the swing And in this case they've broken it back up into the see if they can try to get back to 20 here and Push it Okay, this is something we always look for and we're gonna cover this more soon With even more insight In the crypto markets actually Okay, here it is again. Okay, so buyers lack of buyers sellers We're looking for sellers down here, and then we're looking for follow-through down to 13 This one's the buyers came back in Okay, there it is again now, let's see though I want to see it trade 20 to be honest. I want to see it trade into this liquidity here and then reject looking for it 20 is a good good level here. We have nice transaction here into high liquidity as well All right sellers already coming in So it didn't it didn't quite get to 21 tick away and the sellers are coming in Not a whole lot Not a whole lot of selling it looks kind of back and forth to be honest All right, well now I want to take a break here. We will take a look at the bigger picture I we're just going over the current market action here in a couple different scenarios With this kind of opening drive that we typically see continuation typically in the morning and Then then a little bit later we get we get some back and forth and then potential reversals All right, let's see if those sellers come in now Here and push it No, not yet All right now they're pulling liquidity at 13 now we're getting our sellers now Let's look for the push-through down to 10 down to 06 liquidity And let's see if we can even get to the figure here now Okay, how would you get involved in this? Well, this was you know one of those reads in here We're quite sure until we saw that sellers come in so it's kind of like in here to be honest At least that's what I would have been looking at and that's a part of part of my trading plan These are not trade recommendations just reading the order flow when we're reading on the way up and looking for the sellers at these areas and then Potentially in here look pretty good Want one more push? Wasn't so sure about this in here one more push up Wanted to see 20 it didn't the sellers came in now we have our structure in here Which you can see clearly in hindsight now But we look for it. We look for it in real time all the time. So The sellers came in we got a retest back to where they dropped from And let's just clear the drawings in here yeah, kind of a You know not the easiest read because of the binds started to come in here But there's a lack of buying up here They came in to give it another shot then then the sellers just pounded it That's when we were more sure of the move was down here And which is a horrible entry, right? But that's when we were more sure in the order flow and we saw them also We had another thing. They started to pull that liquidity here. We noted that as well Okay, so if they're gonna start to pull and we start to see the sellers come in We're looking for our primary scenario, which was the move down and look at them come right back interesting All right. Well, anyway, this is a little bit of back-and-forth at the moment. I want to take a step back I want to look at the bigger picture here There's some interesting stuff To go over and then I'll get to some of your questions in here in just a minute All right, so let's let's take a take a look here Our bigger picture. I want to just review I Want to I want to review Friday And Friday's webinar and I took a screenshot here end of the day. So just after Four o'clock here as you can see so we were in the webinar here and I left my drawings on here as well so we saw a pretty big sell-off and We we we we saw it we saw it starting to come in And then just lots of liquidity getting filled on the bid all the way down like Really like every other tick Or no, I'm sorry every point. There was a a lot of liquidity Getting filled and staying in the order book. We also saw a lot of icebergs Starting to to get filled it was this little area in here And I was looking for the potential bounce back up to this 3900 which it had you know made this pretty pretty big drop down below And we started to see at end of the webinar. We started to see that a little bit and we're looking for different scenarios that might play out I was looking for a Due to all this liquidity and icebergs looking for the Potential like kind of V bottom back up into 3900 or maybe even VWAP here And then not the scenario of it kind of working itself out in the kind of a reversal pattern and then a reversal Okay, and just not this isn't necessarily a reversal It's just a pullback in the bigger in the bigger trend here But the move back here due to all that liquidity. So what ended up happening here? Well, it went down another leg into high liquidity at at 3850 Lots of liquidity getting filled it. They just continued to stay on the bid Lots of traders getting filled on the bid on the way down And we talked about this possible scenario for like a maybe a multi-day move to the upside at least Back to 3900 and we talked about all of these larger players getting filled on the bid Well, once it starts to get back up into these areas in here They're in the green and that's exactly where we came back up to end of the day And on a Friday. So, you know get everyone going short and it didn't do a V bottom down here either It took a little while it, you know, there was a kind of a bounce Then that then the lower high here are sorry the higher low here the higher high here And then the buyers came streaming back in Back up to the figure here at 39,000 3900 All right, so that's What we were kind of looking for maybe a little too early on But it ended up doing it They just went down and and price went lower and they we saw just even more and more liquidity getting filled on the way down So anyway, we go through these scenarios in here and something a little different played out And but what this is this is what we go through This is the process and reading the order flow and putting together these Different scenarios to understand where price might be going Okay, so let's take a look now at today and actually let's take a look back actually at the I want to show one more thing here on the weekly chart. Okay, we talked about this as well looking at the weekly chart on the S&P And a move back down into some of these levels here. I think I liked this one right around in here We that was the low from previous Session we went down below it And we came back down into this Session here and there's going to be some sort of point of control in here. I imagine as well just by all of the transactions in this area here back in beginning of Two of 20 21 in January And then here's the bounce that we're talking about. Okay, so we were looking for that bounce After these several weeks to the downside as you can see Just a bounce out of this area here or back into the the weekly candle So yeah, here we are today at from the beginning of the week and you can see we kind of move back up 3950 and then it's right back down to where we kind of opened around 3900 or so all right so that's that let's take a look at the 15 minute in the hour chart here and this is why we're struggling here on the hour also on the daily You can see here and this is The high from Friday just kind of peaked above it And then here we are in the hourly chart And you can see that the peak above it and then the sell-off here basically a gap fill here as you can see on the hourly and Yeah, kind of interested to see what happens now Right if all of we saw all of that liquidity getting filled on the way down Are they still in it are are we gonna continue on up here and that's what we're gonna look at in the order flow here So we're gonna go with that bigger picture scenario And that's gonna be one of the scenarios here and probably the main scenario here So it makes sense. We did not hit the figure down here So we're looking actually for buyers here and here they come and looking for 32 35 and 40 right now This is turning into as you can see this this the order flow shift and change here and a lot of buying coming in right now Okay, so first test would be this 32 I know that's only a few ticks, but the next one would be up here about around 40 39 or 40 Somewhere around there. All right. So anyway, due to what we saw in the heat map and the iceberg transactions That outlines this scenario for this move to continue on the higher time frame All right, so we're looking to see you come back up into this area here would probably be the first one It's a good one here. It's around 42 In the S&P. So we're just looking at 40 So that's a good area to come back up and test here All right, let me let me get to the questions now at this point Okay, Dan you want to talk about the icebergs Sure, we'll go over that What do I mean Johnna by pulling liquidity? It means they were in the order book and then when price came down toward them or or not They pulled it out of the order book Okay, so it's like you're saying yeah, I want to be a buyer in the market But then you decide differently and you don't want to be a buyer and you pull your bid Okay Good morning, Rob All right icebergs and identifying getting insight from the iceberg. So we're still looking for 35 and 40 here guys still looking for that. It's looking good here. It's playing out pretty nicely lots of buying coming in And you know, what was it 42 we said there's liquidity that was up here earlier I like the idea that if we see these buyers come in for 50 That would make highs of the day here All right, so icebergs. Let's go over some of that and let me look at discord here and see what you guys All right. No, no questions over in discord Okay, so let's let's take a look here Yeah, nice. I would like to love to see a bounce off of 30 here. That would be pretty bullish See if we get that here come the buyers. That looks good so far. I can go a little lower here Somewhere somewhere around in here You see where they bought here and moved it higher These little consolidation areas we look at these areas in here. I just don't I don't see much in the book this 35 They got filled Here at 30. They also got filled. Yeah, this is the target here From 38 on up to like 41 basically And let's watch this here Looking for it. All right buyers. Let's see it now Let's see you move this here. Are you ready? Yeah, I think they're ready. There we go And we got to get back up here though, there's our double bottom here Just off of this retest here no no selling there looking for buyers here at 33 and then the move back higher It's not not ready yet Not ready at all Okay, so we we noticed that here then looking for our buyers up here didn't get them We got some sellers here instead. They're driving it back down. It's kind of a weird area to start to look for in here like It's basically Maybe here maybe around 27 or 28 We also have our VWAP here This is a better area that I like this 30 better here Just just by the structure in here and what I mean by that is This is kind of in the middle like yeah, there's a high volume note here for sure and it's building out as you guys can see and Let's see if we got our Get our buyers back up above here 28 skewing the order book would be good to see See them pull here on the offer and then add on the bid be nice And then right back up to 32 Here they go looking for it. Let's see it buyers. I think you got it See that we're looking for buyers to pull it away here Not seeing it yet. Okay, there they go again. It's really not great here You know, we're trying to get some insight from it and it's just not a whole lot of volume Okay, that's looking better All right, let's see if you can do it buyers here There they go now they should be able to move it here here they go Okay, now looking for more than that though and looking for more than 32 here want to see them break above it here and then hit 38 to 40 They got to get through where they dropped it here, but I'm looking that's why we're looking for big green dot here And push this through on up Okay looking good and now now we we've got to get up here to 38 to 40 If buyers are in control here, this is where they want to go and sellers and it's advertising here. It's like You know, we got the sellers on the hook down here like the sellers want to like take on these guys here Well, we'll see but I would imagine this Likely scenario here is they're not gonna get in the way and they're gonna let it float on up into these areas Then they'll consider selling Right because we have that we have the buyers in control So what why would why would you take on the freight stand in front of the train here? And we don't know we never know like the order flow is always dynamic here It's a good opportunity for a seller to get on some size too as well But likely is just gonna go against them. It's the same idea here Looking at our image from From Friday Same idea that You know, look at look at it go against all these buyers that every point they were getting filled by quite a bit of liquidity on the way down all the way down And then through 3900 all the way down through 3850 and below but they just got filled all the way back down Many many traders many larger players So we're still looking for it. I got a new got to go through another rotation It looks like you're still looking for our buyers up here and the push Let's see it. They've they've got these sellers on the hook now. So they just need to start putting the pressure on them Nice stop run down here So still looking for them. It's not that big 38 All right, let's see it. Let's see the get a maybe a bounce off of here on that buy side Just not finding the buyers now. They were starting to show up over here and then Selling came back in okay looking for it Looking for them here again. And now they've got enough back and forth in here Just you know understanding the market that dynamics here Stopping some people out on the way back down looking now for these anyone that's selling in here Looking for them to get stopped out on the way up into our main target of 38 to 41 here What would I consider as a confirmation before? Entering the trade. Yeah, we're looking for these we're looking at a few different things You know what I what I look for is the market structure and Specific levels and then follow through in the order flow. So, you know, for example In these areas in here. Well, we saw this pullback And noted. Yeah, it was kind of high volume node in here and back banging around in it But like we're still looking for this move back up into 38 to 40 here and looking for buyers in here now. That's Where is the confirmation on it? Well, once you start to see the buyers in here once I start to see the buyers in here yeah, I look for the buyers to come streaming in And move it back up into these levels here. So I'm looking for some sort of imbalance in the order flow in here To give insight to that. Okay, see buyers, they couldn't even make a higher high here that's of course after the fact but And and now the sellers made a lower low, but you know, I don't think this is over yet They're I mean kind of for the day here I mean, I mean we made a lower low here and they're they're struggling just to get up to 40 right now Still looking for it though. All right. So, yeah, like a confirmation here for me would be big buyers come in I'd probably take it up to like 32 28 to 32 and I'd probably dump some off at least one contract It's not a trade recommendation. It's just what I'm looking for See how we're above this not just view app is see the selling in here So I'm looking for buyers to now follow through on up Okay, and then I'd still be in it But I'd be out real quick here if it if we see a little more selling down here at 27 or so Okay, does that answer your question Kim? So there right there it goes. So that I'd be out of position there I would move my stop to break even at this point and I would probably put my target above This liquidity here to be honest And try to see if this can run Maybe maybe even hit 3950 at this point. Yeah, I think we're going to hit it now or at least 39 3938 to 3940 is what we've been looking for here and then here we go Okay, so there we go. There's there's the you know real time You know kind of going through a trade potential potential trade In a consideration, this is not a trading room Just it's not a recommendation just so you know but talking through Reading the order flow reading the scenario here looking for a bigger picture And then talking about this structure in here and we look for it several times and it didn't pan out and then now it just did So wait and we're looking for it and we talked about it. So yeah Worked out nicely. We talked about getting in somewhere around in here because of here's here's the flip, right? This is it here See the selling here and now we're above that selling the majority of a selling is right in here And we see the buying pressure come in and we're back up above it here So in here, I'm looking for them to come back up and test to here where they dropped it And then yeah, I would reduce my risk at that point now this is a very small time frame trade and It's for for reason here so I can demo it so I can go through it with you guys And start to understand market structure Sellers on the hook down here looking for them to get stopped out back up into these areas above the swings Looking for our our main target, which was 3940 38 to 40 Okay, and still holding it right still holding it looking for potentially here 50 and I would be front running 50 I would probably have my Right now probably probably around 3948 or so something like that And I would read it in here. I may move it. I may pull my liquidity as well And move it higher. So let's let's take a step back and how to manage this potentially manage this here So we're looking so this is this was the primary scenario. We went went over Due to not just the you know gap and kind of gap fill But it was all set up from Friday on this hourly here And just seen all of that liquidity come in and get filled all the way down and Lots of icebergs, too. So now we're looking for the push back up above And I wanted I want to see acceptance above this swing here at 40 I don't know. Let's call it 43 And the next area to test on this hourly chart would be up here Okay, somewhere around 73 or so Let's take a look a little further 73 Yeah, somewhere around there 75 also is good somewhere around our 39 75 There's another structural area see the swings here and then the drop below the swings And then looking for a retest back up to it today Okay, our 15 minute charts looking good looking for the follow-through now and the push up into this little area up here I mean you guys can see I mean what we're talking about here is like, you know kind of very very simple structures It's this is not very complex at all We're not looking at you don't have to be of like an expert in You know market profile or You know Elliot wave or anything like that. We're just looking at specific levels on swings and also most traded levels in Wix Rejection at in in certain areas on the higher time frames and then we're looking for acceptance and rejection in the current current market activity pretty pretty simple and Then we're just looking at order flow around it Okay, so let's see here what I have been out Now I wouldn't I wouldn't like this though to be honest It came shy of my 48 level here Okay, and I this this is something I don't like I would If I'm I don't know maybe I'd take my profit I would see if maybe maybe we can see if a little bit of buying comes in here again here Yeah, yeah, that looks good. So I'd stick I'd stick with it here. I like seeing that right right now So I'd stick with it But you can see Kind of tested 48 Maybe maybe I maybe I would have gotten filled but let's let's just suppose I didn't I would feel a little bit better about it now But I got to see these buyers again start to come in here Okay, this would have been another out here at 46 But I like it Now I see the buying pressure starting to pick up again so I'd give it a shot and If if at this point here, maybe I'd even move it back up to like 50 or even maybe even above at that at this point Maybe it can we can get more of a runner out of it now right, it's really up to you like On your time frame and your risk management Okay, so still looks good on the buy side So yep still looking for 50 here now if I see a ton of selling coming in I'd probably just I'd probably dump it But that's me and I want to I try to hold for longer, you know and Look at the bigger picture once I've got my runner it. I don't know I go back and forth on it I I like looking for just the next setup take some profit look for the next setup Right instead of like well, we don't know here comes a lot of selling. We're not really sure the buying is coming back in You know looking for something that Fits your time frame and something that fits your your Your trading style and your risk management. So these are small time frames that I'm talking about Higher time frame. There's no reason to get out And so a higher time frame. You're probably looking for you know 75. I don't see much liquidity up at 75 It's up here at 87 Okay, 4,000 Let's see here a few questions in YouTube Metatron, you're welcome. Yeah, that's what we're here for Is to apply that we have an educational course and then apply what you learned Right in the live market here. So this is that you know putting the the You know proving it here Reading the order flow the way that we educate about it Yeah, YouTube should not be delayed 40 seconds. Metatron. It should be more like three or four seconds, but Or two to three seconds, so hoping for I mean that's what our testing has shown anyway If we put it on, you know live action in YouTube what would happen is You might just get the kind of spinning Graphic when it disconnects. Yeah, I mean you you guys tell me how what a delay it is But yeah, it was two to three seconds from what we saw It buffers it YouTube buffers it so you don't get that spinning You know icon Metatron, I'm not sure. I mean like the the bowls. I mean they their positions were so big You know getting filled on Friday And This is this is what we're talking about here is we're talking about it kind of a swing trade by reading the order flow here Due to the due to Friday Friday's action Right, and we know we know that that's fact. I mean that is their position You can't you know, I mean are they getting out of a trade where they you know buying back down at those levels? And then getting filled at those levels to buy for for a bounce who knows But we just know that there's a lot of liquidity that got filled and a lot of icebergs that got filled on the way down Typically when we see things like that We can have not just a reversal like we did Here Not just the kind of reversal and this was end of the day It took it took the rest of the day it came down here until like 1 1 30 or so and then finally It it started to move back up But this is turning into like a multi-day move Okay, so here's the move down Here's the move that starts on the way up and now we're looking at the continuation on a much much higher time frame on the on the move up So if that's the case and that's the scenario in the order flow Then what we're looking for is the move back up into some of these areas here as we discussed Okay, and that's the bigger picture move here and the the thing that I love about this is the order flow It just told us this this scenario. It gave us insight to this scenario And then we're following the order flow And we're going with it and it's a higher time frame trade that you can use order flow on these swing trades On these higher time frame trades. Did you want to you know hold over the weekend? Oh god, you know That's that's a very scary proposition, but if you have the deep pockets for it I mean, you know, they they're larger players are certainly holding over the weekends ones that are getting filled in some of these areas of They're still in it. So anyway Yeah, we're still kind of looking for that scenario then I Really like this kind of 75 78 somewhere up in here on this hourly chart So really really nice little area to retest It's kind of hard to save the zone I mean here we have 55 here we have Here's our 74 up here 73 74 So somewhere around in there Could be the high volume note of this cluster of volume and and back and forth here 62 something like that Let's take a look. Let's take a look at book map So 62 Yeah, has liquidity there here. Here's here's the longest, you know longer term liquidity though. They've been up here around 67 And they've been then in there the whole session so far and then you can see a ton of liquidity here at 930 came in around 87 DX fee charts won't they'll look very similar to this the One big difference between DX feed and Rhythmic is the MBO data market by order data or order by order data We have an indicator here the stops and icebergs indicator, which is showing you You know, there's a lot of look at the buy icebergs in here So down here at zero, there's like, you know 1645 already Which is pretty good. It's not bad So anyway, this is again, it comes back to your time frame. I mean 50 traded and you can see it sold off But it hasn't broken the trend it's still it's still in this uptrend and we're still in this scenario here This is where it's just you really have to kind of like wrestle with the time frame and your risk and and know When you should exit or continue to hold and so far on the higher time frame There's nothing telling you that you should you should exit so far My chart may look different for a multiple reasons limitless You know, there's all sorts of Reasons on on the time frame. I mean here if we if I zoom to extent here Okay, and I put in let's say 60 minutes here of data And then I go to my heat map setting here and I restore it to default Now you're so you have 60 minutes of data in here. This should look very similar To your chart now. Okay. Now the the volume dots like again, you'd have to kind of go through the different settings in here Let's just let's also do that We can just go to restore and Then your volume dots would look like this. It's a little too big for me. I'd bring this down So it's it's gonna look a little different than yours as well So anyway, like, you know starting to develop a trading plan around some of these ideas That is something that we're presenting the order flow and the ideas and the concepts But you you'll need to to go study And see the edge that it offers for yourself I just there's just no way around it. You know, you have to do your own work going off of you know, trade recommendations is just a Not recommended whatsoever It's a really bad idea You won't know what you're doing So anyway, even if I look if I look back on this here in retrospect here, boy, this doesn't look like a trade setup You know, it doesn't look very good To be honest But that's where we were looking for it right in here starting to look for those buyers, you know, take some off up here I was ready to hit the button if it came back down to this 27 level here At the you know the concept was we're bullish We we're looking for the move back up into the 38 to 40 We saw this move down below and then lots of selling Buyers coming in now buyers are above it though. They're above the majority of that selling So I'm looking for a squeeze basically and I'm looking for a test back up into here Now we've got a slingshot basically we have compelled Sellers in here and now they have to be buyers So and and that's where we get the stop runs In the moves back up when people are on the wrong side and that fuels the fires not the whole move But it fuels the move and the trend continuation So it's just like kind of you know on you've got a fire. It's going And you're now now with this the stops down here now you're starting to throw some gasoline on the fire here And up to you. I mean like you know even even this is you know, I'm a we can basically Just like all the other retail traders in here. I take some off here and Even though like bigger picture we're looking for that move But I reduce the risk so four points Take some profit And then a runner Okay, and then we talked about this one I would probably have been out at around 48 or so Or try to hold it for because the bigger picture like in my time frame. I probably would run out around 48 But your time for and then I would look for another setup As simple as that and then look look for the next setup and with a clear mind Okay, but you know if you're trading a higher time frame You're looking for another scenario to play out. Yeah New York or absolutely you can't yeah, I mean This is this is our our strategy here is to We have a great platform And we're gonna go through many different ways of using it and we'll have many different traders using it different ways and You know Present as many ideas as we can to you Go We'll have other traders come on and do webinars that'll have some unique way of looking at order flow And using it for in a different way and great, you know Take some of those concepts it do they resonate with you is something that you want to try I mean we got we got J trader we have Scott we have We've got Tom we've got others We got pro trader webinars in our on our YouTube channel here. We have visiting here. Let me show you so, you know go go through and and Yeah, here the live streams in here Tom is also offered a live stream in here as well. Okay, so you can watch that one and Here here. This is a Moby for extended trading hours. He did a pro trader webinar a few months ago We have others in here Tyler uses stocks and options trader Brent Kachuba. My god, just a Like a god of Options amazing stuff. Um, so yeah, click on the playlist up here And you know you can open that up in a new tab and look at there are many in here, right? Just many many many in here Okay Fausto David We have Doug Tom in here. Yeah, we have Raggy Horner here and Rico Stuckey Italian Italian trader FT-71 etc. You guys get the idea. So In fact, look for an upcoming Pro trader webinar series. It's gonna be based on crypto only crypto That'll be in a couple weeks Here bonus materials here special events Take a look here Okay, Brett Mayo very interesting stock Strategy really very simple very straightforward There's some some great interviews in here Ryan Hansen Jackson Hunter, I mean these are really you know Jackson hunters has not been trading very long But he has some really interesting things to say about the market and some of the the strategy sees looking for All right guys. Well, here's here's our you know higher time frame is being tested now. Is this gonna, you know It's still in play though That higher time frame move back up into the levels that we talked about This is you know kind of the same thing here. We're just looking at down here Same idea. Okay a breakdown below Move a move back to VWAP This is your trap volume if only if we can get the buyers back up above here Okay, and then this would be so, you know For example, I would be looking for that. I'd look for a move back up to 50 here And starting to start in a pan out. Yeah, I like it. I'd give it a shot here I'd jump in I'd have a very tight stop on this But I'm looking for follow-through and I'm looking for buyers to do this now If they don't I'll just just take the cut Okay, this is exactly the same setup basically one one difference. I don't see a lot of buying back here I see the buying up here, but we are back up above the you know, this the majority of this Selling which is here at 30 39 35 Okay, so there's there's a set up here that we just saw again the same one a little different and We're looking for follow-through here Okay, let's see if we get our buyers now on this move on this rotation back up into 45 and 47 and Maybe we can break highs of 50 back up until our 62 67 area And which was our not a higher time frame Trying to get Tino drew reach out to him. He's he's kind of hard to get a hold of want him to do a Crypto webinar event here Okay, neocorso Yep, Tom is more your style. So you're looking at more of volume profile Yeah, I'll cover some volume profile, but I'll cover that along with many others Because it's really it's just about like I think yawn is talking about it here About it it really is market structure in one way or another if you're looking at volume or market profile Or if you're looking at even you know, Elliott wave or you're looking at ranges And you're looking at or patterns. These are all market structure understandings here and then applying the order flow within that will give you the the You know more insight to what's going on Yeah, that's a good idea Sam Pan Spot gamma and and Doug well there there are many Doug Doug's gone gone through it. He's he's he's done them. I will do more Come visit the the discord chat room as well. You know Doug is In there Okay, this is the last gas for me. It's like either this works out now or I'm out Yeah, I'll give I'd give that up here That's selling if we can still get buyers back up above it here It's still this still can work out and I would take some profit up here my partial around 44 Okay, and uh See see how like a Again, even this this little setup right in here is a microcosm Of what we just looked at in the bigger kind of setup here Right is down below the range sellers trapped Move higher other side of the range Okay, so this this here is the you know A small small example High liquidity getting filled in here as well You know, this is great So it makes me feel good. I'm still looking for 44 43 44 somewhere around in here and and take a partial profit. Okay Let's see if uh, let's see if we get our buyers back in here back up into there Let this 45 liquidity It's really kind of losing some steam here, but uh All right buyers. Let's see it. All right. I'd take my partial there I would I just don't like it The back and forth it probably would have hit me at 45 or 44, but uh, I'd I'd take it I have some in the bag and Stop it break even at that point. Okay. This isn't really behaving like I thought it would In the order flow through the scenarios that we went through It's still in play It's just the order flow doesn't look as great Inside of it We're looking for you know some some commitment here instead what we're hap what what's happening here and this not only does this Display the kind of fractal natures of the market that we talked about like setups within setups et cetera And you'll see it on all timeframes even you know the monthly chart It will you'll look at the same setups here They rhyme it's even here here. Here it is again same setup, right So and again, I may take it look for it in here The buying looks great in here. So yeah, I would have I would have jumped in here as well I just a little late on that one and now I'm looking for 45 and 46 to trade Because look at the volume come in now Right, so this is this is what was required here and there it is. So it takes them off and Uh, and then look at it. Look at it come in now. It's now it's back up at 50 Okay, so and now we're looking for our bigger move Back up into 62 and uh 67 All right, let's go over this here. This is important Okay, so it even did it one more time here. We've seen this setup now three or four times Uh and looking for The trap volume buyers to come in on the other side And then taking some off up into some of these areas here Hey, this was a you know a little bit of a scare in here, but then it did it again And buyers came in over here and it made a new high And then it did it one more time Sellers below it Buyers come in in here and this looks great here. This this volume looks great You know, you can even be kind of late to the party on volume like that Uh, because you're looking for it to to play out immediately. Here's a cute. This is commitment at this point And we're looking for the push and we're still looking for it Okay, so um lots of uh interesting, um Uh versions of this, um Kind of set up in here Stocks are the fang stocks are weak. Okay Well s and p's doing great here Yeah Yon what you're talking about about exhaustion, etc. Um the uh Well what it is and and we're going to show a lot more of this here Um with I mean we can see it when stop runs Uh, but to really we're going to really kind of dig deeper soon I can't wait like uh, you really want to understand some of these markets and what's going on in some of these areas in here Uh, and this is what is required in order for this to go higher Okay, at least back up to the point of control of this little range in here, which would have been Here, let's just use this tool for zooming Okay, so that uh area is now within It my chart range and we can look right at the profile So the profile would have been here and you're looking for now buyers back up above that profile too Uh, the or the high volume node in here But just in the range here the bottom the top and the most traded level within the range And that is here. So now we're looking for buyers back up above it here Then we're looking for the move over to the other side of the range here around 41 and a quarter And then put the potential for the move up into 45 46 50 and and above Okay, so here here this played out really nicely Here here they are They're above that high volume node in here Okay, so we're looking for the move to the other side of the range and then 45 and 46 Okay Came back and bounced off of retested here bounced off of this area here And found more buyers looking even better And back and forth back and forth back and forth One more test then this was our our second This was our our our third or fourth, um set up in here This was our level Buying above it and then here's a selling below it And then buyers back up above it So and then again, you can just repeat that Looking for buyers. Yeah, it's somewhere around in here Here they are at 40 and that's pretty good commitment there at 40 At this point and look at the buying coming in We're looking for the move back up into the high of 43 45 and 46 Okay, now they they blew they blew right through it and they came up into 50 So we didn't know that But you can see that the pressure was building in here and we have People on the wrong side of the trade in these areas here and we get we get Price to explore some of those areas up in here Okay, so we're getting up into our higher time frame here now see see how this Even this move down here. We mentioned it. This is like a shakeout here on your higher time frame And it makes you look like a genius if you take your profit up here You're like, oh god, you know, thank god, I didn't have to sit through this um However, uh, this shakes out a lot of people, but there's no reason still You need sellers down below this swing here on your higher time frame Uh, and you and you need to see not only like you need to see follow through on it Not just a a break below it and then back up Into it like it like we've been seeing four or five times now or at least one Two three four four times at least It's it also did it here You can see it the the break below uh, 39 40 and then back up into 50 here So it basically did it five times in this session Okay, dan you like you like this that that was clear good explanation Is dan is that dan the trivia winner? Oh good. That really yeah makes me feel good. Thanks, yon Good job on the on the trivia. We're gonna do another trivia night. Uh this thursday Oh, it wasn't you okay um the Yeah, so it again it comes down to your time frame, uh and and uh understanding The order flow within it or in the structure if if you guys like this, you know If you don't mind just hit the like button give us a thumbs up there It's very helpful Or any comments Yeah, I really appreciate it Uh, I can go over icebergs dan sure so icebergs are um a little The way that okay, so stops in icebergs first off. Let's just be clear um On oh good. I'm really really happy to hear you guys are uh getting a lot out of this that that yeah means a lot Because we we put a lot of effort into our education And uh, we um, we think we have a pretty good a pretty good program and and and We really want to Bring it forward and and and make better traders here Uh and uh, that's that's our goal. I mean Uh and unravel some of the mysteries here and and what's what's so nice here is like the book map is so visual It shows you all these things And what's happening at some of these levels like these are people are getting stopped out Like this is uh, this is a stop run down here And then you know if that's a stop run and you get buyers back up above it Well buyers can take control away from this area now Okay, and then icebergs down here too. There's a dynamic between stops and icebergs. Here it is right in front of us here Okay, now on on chart. I have it kind of muted here um with a The smaller icebergs and stops are are being there's a filter and it's not it's kind of showing only transparency 50 of them But uh, yeah, here here you can see that dynamic. Who's on the other side of the trade here Larger player with an iceberg There was three icebergs in here Uh, now they didn't get all of it. Uh, you know, it's 206 stops, but They're in here though Francis, there is no time frame to the chart. You can see the verticals vertical dotted lines in here This is it's 15 seconds right now Okay, if I zoom out though the vertical dotted line is now 15 minutes Uh, no, I cannot show you. Um midhoon the uh 50 uh the nifty um We uh true data now offers access Uh to it, but uh that market is not open right now. So um have to wait until it's open In order to get data So yeah, we're sticking just sticking with the bigger picture here still looking for our levels to uh to test Okay, and there's there's been a lot of back and forth in here and now let's just uh Get a little bit of meaning from some of this back and forth here though and put it into perspective Now we've seen four or five times now Our ranges and our market structure, but then a breakdown And then a fail and then a move back up higher So We would still look for that and here here it is potentially here it is again Here's our breakdown. Okay. Here's our structure up here a smaller structure Now we're looking for buyers up here Okay, now we might not get it. Okay, but we're open to it and we're looking for it Maybe they have maybe like at a certain point here. We're you know, we need to do a deeper pullback here Okay, but looking for buyers back up above it and looking for commitment into 57 60 and 62 Here they go okay now Like I said the this works now or it doesn't like this one here I would have been if I got in here right in here. I would be stopped out And I'd look for it again though Okay, so I don't know at this point how I feel about it. Yeah, it's doing it. It's doing it Yeah, it's still still looking looking for these buyers here 60 to 62 now 57 Transacted already. I kind of carefully manage when it gets up into these levels here I mean, we're still looking for it Right, but uh Yeah, I just didn't want to be on this side here if it came back down here below And I'm going to protect some profit Now it's a very small time frame Okay, but I just wanted to go through an example here of like The concept and it's not a trade recommendation But the concept here is well, we're identifying the order flow when we're looking forward to work immediately And in fact, like, you know, there there is no reason to get out even in here to be honest Uh, I just thought that we'd probably get maybe one more retest back down here because we've seen this a bunch of times Well, it's still playing out And there's still it's it played out once again here And this is the move we were looking for Then I think, you know, go back and and and revisit study What did I do uh that I didn't like in here and did it do did it break a see how it didn't break a lower Did not make a lower uh low here or an even an equal low And in fact, this is where it broke here So that's where we need to see sellers is here. So around 53 and a quarter So it didn't even get to that area All right, so you would have been in I would have been in somewhere around 55 Uh, and then taking a scrap or taking the the small loss here Right at the bottom Where I would be, you know, maybe I should look into it All right, well, let's give it a little more leeway here Let's stop a little bit a little bit a little bit bigger, you know, two and a half points Something like that No, no mcx crude um crude crude I think is now on the new contract, right? I haven't looked at crude for for a bit right way to go metatron Okay, we got up to our 62 level great So, yeah, here's your higher time frame. I mean, it's it's doing exactly like what the scenario was And it wasn't so easy. There was a lot of back and forth in here So let's let's go through again though like um The order flow here it still looks good It it it's still You know our scenarios are still playing out nicely Or our scenario Uh getting up into these areas though and we said 75 now there's liquidity now at 75 just coming in 75 and 80 So, you know, I'm keeping an eye on it up here But still higher time frame Still looking for it to play out Up into this uh into these areas here Okay, so between 68 and I don't know 74 75 Okay, now this this here is order flow that we're looking at today, but based on order flow from friday I want to get that point across uh that just how um How great that is to see and then put that into your plan For your swing trade And now we had the weekend here But uh, you know, maybe you would have held it overnight If it wasn't the weekend And you we would look for this to to play out like this A lot of times you'll see these kinds of moves on monday and tuesday and you're just like oh god, you know just drop in like a rock um You know everything's going into hell in a hand basket Uh and but we note wow they're getting filled all the way down And we see icebergs filled all the way down as well Uh, and we're looking for the um Then move back up This is banks welcome Good morning. Uh, all right, so let's go back into it here uh, and uh Let's look at some of these icebergs Uh and get some meaning from the icebergs here. So we talked about the stops Now let's talk about the icebergs Okay, so, uh the way to Look at any indicator in my opinion Is never as a signal It is more of an alert or a, uh You know it it's a confluence basically So you're looking at the order flow first, uh understanding what's going on within the order flow Uh higher time frame lower time frame, etc. Just like we've been doing Uh, then we're looking at these confluences in here now. This is a really powerful confluence Because it's a condition in the market that first off it's not some sort of derivative of time and price and volume It's showing you something Showing you where larger players Are getting filled with their iceberg orders And the stops as well where smaller players are getting filled or getting stopped out With their stop loss orders Okay, and we can see that dynamic as well between the two which is pretty pretty incredible So the the insight is is is amazing So now let's put it uh put it to use here. So On the way down here what we're looking for In this scenario here Well, here's quite a few icebergs actually getting filled at the top here Okay, it it's one iceberg Uh 368 initially, uh transact in here. You see the big red or big green dot And then you can see the others transacted in here. It's a it's a big one. It's uh almost 1500 contracts Uh, and this kind of goes in face of what we're actually looking for we're looking for pullback and icebergs Uh, and we do get it down here And we we can see that dynamic here really nicely I think we covered this one Okay, so now what what do we have down here? At this level when there's there's many things in here, uh, that give us a lot of good insight here Okay, number one, there's high liquidity in here. It got filled number two. We have, um The most traded level for the day the point of control and vwap in the same area Which is we see that common commonly And then high liquidity down here at 30 it also fills And then we have stops and icebergs on the other side here now. It's not a big one So, you know take that as a You know, it's not like 1500 Hey, but we have something though Now what we're looking for here is buyers to come in And then at least trade back up to here that would be the first step Okay, so from Somewhere around in here 31 and a half on up to about 35 Okay, and then take some off And then look for even more icebergs in here And I don't see many Hey, the confluence would be great to see like lots of icebergs down here Uh, and uh and lots of stops too Okay, and then looking for the buyers to come in in the order flow Uh to support or Be supported by those that iceberg buying. So for example, I I would suggest, um Dan go go back, uh to um the Uh, let's see here. Where is it? Hold on a minute I'll get it Is that it? No Oh, we'll just go here Okay, go back to fridays Uh and watch it watch it again. So it it is hold on Upcoming live stream recordings Uh the live stream recording from friday is um God i'm getting all confused. I guess is this one here? Yeah Yeah, it must be this one Yeah, it's this one. So watch this one here. I'll put it into the chat for you Uh and because I think this is a better idea about here. We can even see it here We got icebergs here. Um, so, uh, watch this one here on icebergs And I think that will be helpful for you To understand better, uh, it's just a it's just a better, uh example Okay, and uh now another one too is come back and watch scott pulsini Okay, watch his his webinars Now he's doing he's using it in a very interesting way Uh, I really like it the way that uh scott is looking at icebergs and stops Not as a signal, but as an alert to now Provide now he needs to provide his attention To that area Okay, because he's looking for something significant and then he's like, okay. Well is significant But is it in line with my higher time frame analysis? If it is then, you know, he he looks to uh to enter Okay, so he's using it kind of in reverse. He's looking for the alert He's looking for that confluence and then he's looking for the order flow to confirm that confluence essentially And that is very interesting because that allows him To trade like 15, you know different futures markets Because he's waiting for the alert He's like, he knows what his what he's looking for in that alert And then it's like, okay now now the alert happened now Now do I want to what do I think of it now it's time to to really put in his Uh, uh, you know his trading plan All right guys, so it's been kind of a funny session in here Lots of time uh in here to and we've seen this setup multiple times in here So this is a false breakdown And then the trend continuation false breakdown trend continuation false breakdown, etc Yeah multiple times Yeah, and then and then the one I I mentioned in here that uh, yeah, I would have taken a a quick stop on this Boy looking in retrospect. Why why did I do that? You know All right, because I was afraid it's it's kind of lofty up here. We're getting up here One push maybe one more retest back down here and I did not want to get caught up in a stop run So that was kind of my reasoning but looking at it right now. There's no reason there was no reason to get out Is just to protect a profit. No, you got to let the setup work right so anyway, yeah, I should have uh It would have been better to let that work and then take some off at the top of the range or like Somewhere somewhere here Maybe 58 maybe 60 When you start to see this kind of volume come in up here. Yeah, it's looking good for for 60 Maybe even 62 And we're still looking for it Okay, this is interesting here This is kind of not what we're looking for Now we're getting some volatility now. This makes sense though because it's the european clothes right now Okay, so look at the back and forth in here See how this is different in here There's buyers. There's sellers. There's buyers. There's sellers And the swings are a lot bigger Same concepts though here the sellers on the hook back up above looking for buyers here looking for them to take it back up to 62 or 63 Same idea same concept. Here's the breakdown. Here's the here's the buyers coming in to to you know, stop them out and compel them To to buy back these sellers So here it is once again Right, so we'll go back and take a look at this Uh and see here how it's a little different though. This is kind of what I was talking about Why I would have taken the stop on uh on the on the other one because it did it once And then it it came back in and you start to see a little bit of buying here But it came back down one more time. So this one did a double bottom Whereas the other ones just went down once and then it came back up But it's see the key here is understanding when and there was another question about this Of when to get in when does the order flow dictate or tell you something more and is somewhere around in here Or in here someplace here. It's actually it's a bit higher. It's up in here Okay, can you see that do you guys understand? Understand this kind of The trap here, uh, and then when the buyers come back into the range in here And you could you could even look for a scalp up into like 60 here where they dropped it from And they got to push through it Does that make sense? Do you do you guys uh, all right? Excellent, I love it Alec trivia time will probably be 4 30 next thursday I'm pulling for you allen alec And allen the asian hours are killing you Yeah Uh, all right. So anyway guys, this is another variation on it here But see how see the order flow change Okay, it's here now. There's all sorts of ways to slice and dice this as well This is where you can get more kind of it's not necessarily micro But you can you know microstructure really means you're really zoomed in and you're looking at every single little move in here That's microstructural. That's sub second levels. This isn't sub second levels But it is a microcosm of what's going on in here Okay, because here we can look at structure as well You can you can slice and dice it a little bit more. You can look at your trend line And then the break above it here Uh, and then the buyers come in here Right or you can look at your Break down here and look for buyers as well Now this one's a little scary here because like here. We don't have a lot of uh selling Sellings are here selling is here here. They here they have the potential to move it back down to 54 They don't The buyers come back in on the other side and start moving it Okay, so Yeah, uh at at this point here because of this order flow in here. I might I might manage this differently It's a double bottom. There's more selling in here I might I might take a partial profit up here instead of top of the range You know, it's up to you like uh, you know in in retrospect that would be stupid, right? But I'm just trying to reduce my risk and look for the bigger picture to play out Guys, this is a really nice time to end this the bigger picture is playing out just beautifully here We're back up into 65 60 our 67 level just traded. Uh, we're looking for Our 75 level up here basically Okay, but uh, yeah, I would even on a higher time frame here boy. I'd be You know ready to call it a day here and 67 let's just take a look Yeah, on the hour chart it should go higher. I mean wants to it looks like it wants to go higher Okay on this 15 minute chart. It's kind of in that range here All right, so anyway Yeah, beautiful moves Uh, let me get to some of the questions here in discord Uh, McCormick, how do I um the nodes on the way down? Yeah, those are also good areas to look for You know a potential profit taking or even you know entry Uh, the volume nodes and the transactions of of previous liquidity. Um, those start to create levels That's why we look at volume clusters in volume nodes And all we're doing like on a, you know In in essence in in the Higher time frame, you know when you're looking at your volume profile And it's the poc or point of control. It's just a huge volume cluster. It's the biggest So the the the volume clusters they matter Again, this is something that I There's your concept now take it further go study it go look into it Uh one after another now we went over one up Here we are at 70 guys and it's still going higher. Look at this Um, beautiful moves. Um, so the um, the um, uh I was going to say about the clusters. Um Yeah, like here 70s, you know, it starts to turn into a cluster Here you can even see it in the profile right now we'd be looking for A retest would be a bounce off of this here and I already did it. I already did it right here Right, so now take that and and go back and and and start to look at at these areas in here There's this is your low volume pullback here. If techie girl is in here. She loves the low volume pullback and mc loco I don't know if it's mc loco or mick loco Oh, you're welcome rameez Yeah, yeah, yeah, I mean these are these are great setups now You know one of the things like to study the and not not to be confused here. This is important. Um mc loco like really important here look at see the follow-through on this on the buying This is a good move This is a low volume pullback here um now If you had the buying cluster up here Of bink green dots and then you see a low volume pullback here Be very very careful. This is the the the trap volume And then the move back down, but you see what we're looking you got to find a trend first for the low volume pullback All right, that's important Uh because uh, uh, and in fact like you can even see this this one's not playing You know panning out I mean you it got up to the top of the range here and maybe you can reduce some risk up there Uh, but but see again now. This is turning into this is your pivot point here at 69 Uh, and then you're looking for selling below it and we're getting it So they're going to drive it back down and test like, you know 66 liquidity here Uh, it's a structural level too that it broke out from in here swing lower lower low Swing back up and broke out And the equity right there. I'm looking for sellers to try to test it Yeah, so, uh, yeah That's an important point for your low volume pullback, uh setup Okay, we're going to get more and more into the setups as we talk about these things Uh, Dan. Yeah How did I call 75? Well, it's just order flow. It really is it you you could do it It it and we don't know if it's going to do it or not But we just go through the scenarios and then we look for something that's kind of In line with that scenario and we have you know A lot of insight into what price may do Okay, now the Listen, we'll end it up here. But the bigger picture here was the insight was on friday Uh, and then now we're looking for the move back up Into the into these levels here And so what did it already it did 72 or so? Okay, we're looking for a little bit higher here um, so And then look at I mean just understand what's going on even on the candlestick chart You can understand what's going on some of these levels here Now here in the candlestick chart We kind of have to extrapolate the meaning from the order flow and put it into the chart here Whereas here we're getting the the pure information It's like we know the volume Uh, we we know like uh the stops the icebergs. We know the price structure More importantly, we know the other side of the trade where the liquidity is And then we align that liquidity with our our our levels that we're looking at All right, so 75 is the next one here I'm still still looking for it All right guys, well, uh tom b. He should be up and running. I believe over in his room Uh, and so the stream go from right from here into uh, uh tom b for the rest of the afternoon Uh, and guys if you if you like the video, please give us a thumbs up here We're going to do, you know, we do these every day Of the week here And we'll do more as well so We just we're you know looking for uh building a really nice community in here So the feedback we get from from you guys in the community is what helps us And uh gives uh It gives me an excuse for for more budget for for education basically All right, so uh, yeah, dan jump in there start looking at these levels in here study your levels Uh, and and you know Take a look at some of the order flow very it's very simple stuff Uh, and then start to go through these different scenarios in here All right guys. Yeah. Yeah. Thank you. Thank you all for coming Uh, and uh look for tom b next and we'll catch up with you guys tomorrow And we'll continue on Okay. Yeah, take care. Bye. Bye