 All right. Good morning traders. Welcome to the bookmap live trading webinar. This is Bruce at bookmap and So we're doing live analysis like we do every week here. This is part of the bookmap education. It's all free and you are Getting the Forward-looking analysis based on our educational course Monday Tuesday and Friday 10 a.m. So our education in general what we're doing is we have an educational course And then we go through that course content in the live market so you can learn to apply what you've learned And put the pieces together here then we have a few different traders that are trading live So you can look over the shoulder of their very specific ways of trading We're a trading platform not a trading style Therefore we have the live traders in here that go over to their specific style for stocks We have J trader on Wednesday 10 a.m. And scoppelsini for futures on Thursday at 10 a.m.. All right Let's go quickly go through the disclosures. We'll jump right in we'll look at the SMP e-many Stocks and crypto whatever you guys want to take a look at all right. So here General disclosure all bookmap limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor Recommendations risk disclosure trading futures equities and digital currencies Involves a substantial risk of loss and it's not suitable for all investors past performance is not necessarily indicative of future results All right, so the gist of it. This is all for education all right not a trade recommendation not Anything more than that So let's put these pieces together looking at the SMP e-many And let me know if you have any questions put it into the questions chat there And we can go through it even in any instruments. You might want to take a look at here. All right, so Yeah, not much here actually in the pre-market. You can see from 6 30 a.m. Very very choppy in here But let's look at the bigger picture here Because we see the 9 30 cash open and it's really all over the place It's up to high liquidity up here around just shy of 4070 down to high liquidity down here at 4040 it traded it traded into that and and it's just right in the middle right now So not getting too much out of this here if anything Well structurally that is a hard read right now structurally. It's making lower lows and lower highs But pretty pretty strong buying coming in here. Okay, so If we can get back up here, we could have a nice move to the upside I think if we get the buyers and we're looking to see if we get buyers And so we're looking at even right now current market. Are we getting buyers right here at 52 just above the figure at 4050? And we have VWAP here. So it's in and price action has been really just hovering around this Figure here at 4050 Here comes some sellers. There's some exhaustion there So let's see if we can get actually a little bit lower here Just a quick read in the order flow and right down to 4040 again here looking for it. Okay looking for the sellers Here's what we looked at. Here's what we saw just now was Well, we're looking for maybe buyers they can come back in because we saw a lot of buying volume in here Okay, I'm just going through it very quickly guys. We'll come back and revisit And then looking for our buyers in here. We didn't see them. We started to see sellers down here Okay, we're looking for them to drop it into these lower levels then so far They've made a lower low here still looking to see if we can get more sellers in here at 4045 and then down to 4040 There we go again lack of buying And let's see if we get our sellers here and the push No not yet Looking for them there they are All right, so we got 4045 already And we're back up into the range. So oh here we go. All right, so sellers coming in again Looking still for this this push down into 4040. All right now Let's just take a bigger step back here And we just went through the the current market here And I just want to look at the bigger picture and there's a lot of bigger picture stuff to look at here During these times of volatility, I love it. I mean we all love it as traders the Moves have been nice big sweeping moves lots of points And there's been some chop as well, but some nice big moves especially on Friday. That was a really nice session Behaved very nicely with the order flow. All right. Well, here's a big picture moment We are below This these wicks here okay on the daily chart here on the left on the candlestick chart It's the hourly in the middle in the 15 minute here on the right now. That's pretty significant Because let's look at I need to zoom out and and look at Another chart here to understand what's going on Okay, and here it is all right the bigger picture is These wicks down here is what we were looking at earlier Looking for those moves into these areas here. We got it And now and we're still going lower. So here's another Critical area. We're just testing right now or today. We're just a little shy of it 30 40 30 below that We have four thousand that's going to be a key area We talked about this area last week and how important it was To see here. I think it's in here No, that's not it No, that's not it That's it. Okay, so last week we talked about this whole kind of zone in here And this wick down here. It was this zone in here. Okay, and you can see what we're doing right now We are Testing that the bottom of that wick right now Okay, so we're looking to see if we get more momentum on the on the south side I mean look at the day here so far Okay, the day is is down. We see the the the red candle here We gapped down and we're still going down. Okay, so what that that much we know So we're looking for a move into some of these areas Previously and why these areas because this is previously where we found buyers Okay, we can see the buying in here And we had a retest here a higher low more buying Didn't really we covered this last week in the bigger picture as well how this buying in here Although it's good and it moved to You know pretty pretty nice swing highs here and all-time highs The way that it kind of did that was a grinding move So a lot of times when we hit some of these other areas here, and you see a big reaction by buyers These are great areas to take a look at These other areas here now is it in general. This is very general You know, we look for areas tests into these areas and not such a huge move in here but In this case it was there's some nice volatility So, you know last week the dip into this area and nice move to the upside nice move to the downside again even On on Friday, we had this Nice wick in here and you can see now we're back down All right, so looking for follow-through from the sell side to get back into this area here now for you volume profile guys And it's it's not really about volume profile. It's just about order flow There's not a whole lot of trading in here Okay, so there's a lot more trading in these areas in here But there's very little in here Okay, so that's obviously going to be a low volume node You don't need to know much about volume profile to know that. Okay, so well, maybe we can get maybe we get quick reaction In buyers if we dip a little bit lower hit four thousand and then you know, we see a lot of buying That's a possible scenario. I don't see it developing yet But it's a possible scenario. Okay, what about if we blaze through this area, then that's gonna be pretty significant Okay, we're gonna come back down. We're probably gonna test right in this area here and look for a bounce Because this is where the buyers did come in and that is here around looks like 3966 or 70 somewhere around in there and We can even take a look down here. See where the buyers came in in this area here and it gapped. Okay so we're just kind of All we're doing is just getting kind of a feel for certain areas And that's that's it Okay, so what we talked about this kind of 6670 area somewhere around in here. Okay, we could also look at Let's see Yeah, maybe where's that gap? That we saw I guess right around in here or the swing down in here These are just some of the levels. We don't want to be kind of aware of here. This is a nice one here at This is 3900 or more or less for 3900 the figure Okay, so Let's mark that one up as well. Yeah, that's where we saw it. Look at a nice move out of it Right And then also the swing here All right, the gap in the go here. All right, so just kind of looking at some higher time frame levels here And and where we might be going and then on that we got to do it on the other side, too Well, the gap fills an obvious one up here That would be kind of one of the first areas to take a look at okay up in there. All right, so around Oh our 4120 area that was We've been looking at that for a long time All right, so bigger picture. That's it on the daily at least and Let's look at the hourly here Here's our our nice gap and we see wicks on both sides here on the on the hourly so not not seeing a whole lot right now on the hourly and 15 minute chart, let's look at that or this is a five minute. Let's try 15 okay, and Let's just look at today All right, there we go Yeah, not too decisive either On on either of these smaller time frames the hourly and the 15 minute All right, so that leads us to book map and order flow. All right, and what's going on here? All right, so as we left off we were looking for the move into 45 and then 40 okay well it went down lower it made lows for the day here it went down to 35 liquidity here at 35 looks like they got filled Partially partially 40 is the big fill and then yeah, they're they're getting filled in this area here They're pulling but some of it but they are also getting filled in here Okay, and then one more little push below and then we see the buyers come in Okay, and a beautiful beautiful move right back to VWAP already. God Okay, pretty pretty quick moving Too bad to miss that We look for these guys. We look for these mean reversion traders to do this Once they have enough of a point I Move here And and we have some stops, you know down into some of these areas in here. We look for these guys To really step on the throttle to trade it right back to To VWAP or point of control or mean reversion Okay, just and we've been noticing this for four years. I've been covering it more and more recently about Understanding when these guys might show up Hey, because they they do all the time And we get these really really nice moves and when to anticipate or look for the potential for those moves here Okay, so here we go again, we're up back up here at 52 That's where we're looking for our drop earlier Yeah, right in here and that exhaust kind of exhaustion in there and then that's selling coming in Okay, so all right, so we got we found some sellers here out of the blue they traded into and through 4050 as well. Okay, so There we go All right, there's a retest back to it. This is gonna be critical here We're gonna be really keen on this event right here because it's an important one a Lot of selling in here, but they took on a lot of buyers and they did trade lower But we don't see a lot of sellers below it yet Hey, so no no follow-through yet Okay, guys, I've been rambling for a little bit here. Let me jump over to some of the questions And and see what you guys have so far Chop salad, okay, Rob Yeah, I mean I think we saw that one pretty pretty pretty nicely But pretty pretty easily down into 240 and they took it further into 35 Let's see Only far on the right side of volatility. Yeah. Yeah, that's I mean that you you know you want to be you want to be on The right side that's for sure And we look for that in the order flow again looking for sellers down here after this event We're down here at the at the bottom here, and I don't see them yet Okay, now they're coming in. All right, let's see them trade it back to 40 here Okay, just looking for them to come down to 40 here and trade it and Yeah, it's kind of trickled off as you guys can see So we don't we don't really see too much in here right now, you know those decisive moves in here You know that that that strong selling moving it away from an area after this VWAP Test or you know back into kind of a mean reversion trade here And we know we just don't see that kind of commitment here Okay, so it's just more or less like kind of a move back down to the bottom of the range here All right. So yeah, here come some buyers in here And now they can get run over really quickly here Yeah, it looks like they're gonna get pressed so we should get our move into 40 here Okay, and then let's see if they can continue on 37 and 35 Interesting I'll go activity there Now we're getting buyers on the other side here. Yeah pretty range bound Okay, let's see. Let's see where our buyers back up above that and then back up to 44 maybe 45 here Okay, we're I think we're in this kind of period right now like we've seen this period and we're gonna cover it more and more If we're gonna be trending or if this is gonna be kind of upset You know traders kind of on the hook here And then a move to the other side of the range here Okay, so we're already kind of seeing that behavior and here's why a lot of buying clusters up here Okay, it did break the structure, but it came right back down in the middle and then through it and then and then here's our cluster down here and then Some back and forth in here and then and another kind of buying cluster Here and then now we're back down. So it looks like sellers have it here looking for them to follow through then down to 35 again Okay, buyers take it right back to the middle Looking to see if we can get get below these guys though See how this is different in here We'd be looking for sellers on the on the hook here See how these buyers can be on the hook if we get below here on selling So below 38 on selling. That's what we're looking for Just back to the top of the range very range bound All right, let's see. Let's see if we get again. Who's gonna be holding the bag here Here we go. Let's see if we get our sellers sellers got to get through 40 Okay, this this is where these buyers came in again and lifted. Okay, we're looking for sellers down here at 40 And nothing now we're getting buyers at the top of the range All right sellers. You got it now. Let's see you move it 37 40 or 35 There's 35. I think they've got more juice in this. Let's let's that's the low here Let's see if they can take it lower than that Down to maybe 30 here And let's take a look again and take a step back look at our bigger picture here All right, so bigger picture Is well our down candle here now at Lowe's And on the daily and then the hourly we're starting to see some follow-through here on the hourly previously We didn't know that we didn't have that now. We're seeing it 15-minute chart. Let's just zoom in a little bit more. I can't really see too much right now Or maybe I can do this. Yeah, that's that's better Yeah, I mean looking for follow-through on the sell side here Okay, so That would be primary scenario here And what about our really big picture chart on the daily? So we just kind of tested the low here of the oh, yeah, I can't really trust this this this data in here 33 is a little Yeah, it looks looks correct though Okay sellers one more little more push here. I think they got it We're looking for 31 and 30 here and now here now since we're at Lowe's here We're looking for these sellers to really pick it up here and move it move it away here We're looking for our stop runs of course But you know where did that consistency in the selling started? It's up here. It's not bad, right? It's now. This isn't much of a points move. It's kind of chopping as it's going lower here But we're seeing consistency here here and in here all right, so Just about 30 or we did we did we trade 30? Yeah, we did trade 30. Okay so hit that and And now we're seeing quite a bit of buyers come in as well, but you know look at the structure here Let's go through structure. We always we always talk about structure in here Right, and then we look at the volume within that structure now the structure still bearish Okay, and here's why it's down here at this area here around 35 The highs here okay was below this area here All right, so there's our exhaustion here now that let's be real careful here But there's our exhaustion on the buy side up here looking for our sellers now here and now we're not getting them One more push Retest back up here. Okay now now we're it's getting interesting here. There's there's some more buying Okay, now if we get our buyers here then looking for 40 and maybe even back To here where they dropped it maybe even top of this range up here 45 That's if they can do it. There's our volatility All right, I Like this scenario if we get up here around this kind of 37 area here and see our buyers Because there's a lot of people short now And they're gonna feel some pain on the way back up I got CBD on here. Let me take that off and look at icebergs All right, let's see if we got our buyers here around 36 ish now exhaustion Order book is I mean these quick moves like this or it's it's hard to get in information from the order book in here Except for targets All right looking for them again 35 let's see if they can ramp it up here Let's see the order book can shift as well show more demand here, and it's not it's not in fact It's exhausting Yeah, not much insight. Well, we got our sellers coming back in But yeah, I'm kind of leery on this one I do like we've seen this so many times that this kind of structure like this That Even if we see buyers up here, it's not exhausting It's they can't reach higher highs and we start to look for the sellers down here at these lows And then they'll push it like this Okay, but see how the buyers that we've seen it here here. Well in some of these other areas as well They're still buying. They're still pressing it up here, and that's quite a bit of buying Okay, well sellers took it lower Nice little stop run there Okay, so hit a lot of stops Okay, now let's let's take a look at this low here. Okay, so We got it. We're looking for a couple different scenarios in here The the one scenario I wanted to just cover and I'm just gonna have to go through it really quickly here because it's good It's moving But we got to go through the education part and what we're looking in the order flow our order flow reading here If this is not much of a points move down below It's a lot of selling but they are not really moving it lower if they come in now and start to move it away on High sell volume. Yes, we're looking for our 25 22. I mean, you know, it'll just keep going But we're looking to see if we get upended here and the other scenario if we get our buyers back up above this Smaller move here, right? So again, this is the same idea as that we were covering earlier We we're just looking at where they're Potentially on the hook or trapped was it we know is a stop run, right? So let's see if we can get back up above that area now and then get a nice squeeze And that would be the secondary scenario here. All right, let's see. Let's see if they can do it It's now it's now five five point move, but this is not a whole lot of selling in here All right, so retest back up here is is not out of the question at all Structurally, it's you know, we're still kind of going through these scenarios But structurally like the structures telling us it's bearish. All right, let me get to some questions in here Sorry guys, I've been just like really going through this pretty quickly here Is my VWAP setting different today? No, let's go to my VWAP settings. See I have it, you know, 930. I haven't reset it at 930 So cash open here East Coast time. I Know that's not correct. It's gonna be different than most VWAPs, but that's the way I do it. So at least we can be on that page together Yeah, so around yeah, it's up here What around 49 it looks like Structurally guys, I mean we and structure such an important part here We're still bearish So and we're seeing our sellers. So looking for a 25 to trade here Right now when that structure is upended though, this is what it's gonna look like We're gonna look for our buyers up here. Let's get our pen tool out and just And go through go for it So, you know, we the only way we can do this and try to like, you know Get a get a jump on the order flow as we go through these different scenarios Okay, so our primary scenario is still to the downside here. Our secondary scenario now is if we look at Buyers come in back up around this area here and then we'd be looking for our big green dots in here Let's see if I can get green. Yeah, I can get green. So we're looking for big green dots here, right? And then the structure is broken here Right, and then we want to see follow-through Okay, and and bigger green dots like, you know Just pulling this market up and then we could look for top of the range or liquidity here at 40 Right, that's what we'd be looking for in that secondary scenario and this would be a nice squeeze To the upside. Okay, so that's our order flow scenario scenarios And we don't see it yet Okay, now even in this smaller range in here, you can look for it. Let me clear that Right. So up here. What if we get our buyers in here? You can you can even look for strategies here just to trade it up to the top of this range Because this is countertrend so you have to be very very careful with countertrend You know, but you you we'd be looking for and this is something it's not, you know A trading strategy of a recommendation here But it's something you could do and look into just trade it up to 29 And just retest this area we might not get the big green dots we're looking for here But just to retest to it. There it is. Okay, here's our scenario now. This is looking good Look look at that. How wicked this is coming with 890 throw it right underneath Right underneath after it breaks through that area under here So now there all these sellers are upended Okay, so now we're looking for a squeeze And what we said Back up to Yeah, basically up into here, I think I said 40 Maybe 40 was when I we were looking at it here Okay, I don't see much liquidity. I mean some starting to come in around 35 which makes sense But would like to see it up here Make would make more sense to me and now this is where we can look at this here and we'd be looking for All of this in here trapped Okay sellers trapped. Okay, and let's see if we can get buyers back up To squeeze them turn these sellers into buyers Okay, and then the move would be back up into here All right, so wicked move, but I mean we've seen it so many times And it's not it's not playing nice, but that's how the markets are And we just need to be aware of this we can start to anticipate this kind of behavior in here And let's see if we get something from the order book in here. Tell us give us a little more insight Nothing yet Here comes a little bit on the bid here at 27. All right. Yeah here see how they they're switched They kind of pulled pulled from up here added here on the bid and what's the reaction? Do we get our buyers? not really Not really we're looking for it though, and we're looking for buyers up here to try to lift it up in two you know 35 and Our 40 level all right today did I change the V-wap should be up there You like the new drawing tool. Okay Yeah, this pen tool is pretty nice J trader uses that. I think Scott uses it too It's free Okay buyers can't do it We're back down to the lows here Now they tested it right they tested it up here They tried we didn't find them. Well now so now we're going through the secondary or the primary scenario of The sellers down here and then for them to push it now and test these areas Explore these areas here 22 2018 1512 Okay, so Where's the pivot in here guys? again, I know I'm in discord you guys know this So many times over Where's the pivot in this recent price action here 35 No, I wouldn't I mean in the recent price action here The 30 is not bad. I really like it here With this liquidity where they really trapped on the other side Okay, so it's a little bit lower here right my drawings or my rectangles are a bit off All right, so and then and you can see where the sellers pushed it through here. So probably around 28 Looks really good here. That that's our pivot line here That's where we're seeing Buyers above it sellers below it Okay, so if we are getting a retest in here and be looking for buyers to retest back up to that area here And they may test a little bit higher actually around this 28 and a half area here because that because of this big transaction here Okay, so anyway, yeah, our primary scenario is now playing out quite nicely here this Secondary scenario failed Okay, it failed in here and it failed right here where the sellers came in Right and we we could see the exhaustion or you know Although it broke up here. That's good and this is pretty wicked here. They pulled it and We don't see Them making higher highs in here now it could have been a bear for a bull flag in here, but we didn't get buyers up here I was looking for it. We're open to it open to this like playing out And it it didn't Okay, we got our sellers in here. They we mentioned in here. What did they do up here? They tested it Sellers on the other side now we're looking for them to test this liquidity here And we mentioned that on the way down 22 to 20 to 15, you know, 12 and a half Why not 30? It's not I mean it Let's just zoom in here. Okay, and be more precise with it Okay, so we're looking at structure in here now the structure, you know, although, you know This is kind of a loose triangle in or a rectangle in here. Here's really good. We have a swing Okay, another one and then they broke out here Okay, so I would be looking right at this at the pivot would be more precisely right here Right around this 27 and three quarters And then the breakout here and then they threw these orders on the other side here on the bid and then pushed through And but we can always we get a lot of times you'll see the retests Come back to exactly where these areas are here the big transaction the big event, right? That's why we look at these events. These are important order flow events Okay, so 28 and a half and the retest where the retest come to Okay, it came up to 28 and three quarters one tick shy of it And then they retested all the way back down here Okay, and there's someone providing liquidity here on the bid They're right at that event Okay, and then exhaustion up here and then the push through Okay, the push through it and This is where the sellers came in retest now. They even retested the other side of it here Okay, of that of that pivot line and then once we once we see that once we we start to understand that behavior That they retested it up in here and they could not get higher And we're looking for the sellers to test these areas down here Okay, and and push push price. Okay, so now we're getting back up here. This is getting really interesting Now we're looking for This cluster here Okay, we we got some buyers coming in Right now they need to be up here at 32 or so And this is good. This is good. But look at the structure here. It's still Although this bind looks really really good Um Right now We're still bearish here in the structure. Let's just take the volume off Okay, this is why All right, so we're still making lower lows and lower highs Okay, now let's put the context on We have a lot of context in here good really good context Okay for this move to actually trade trade back to vwap right now Okay, we have a the potential move here is Is shaping up So here's here's what we're looking at Okay, first off All this liquidity we were looking at earlier to test it tested Uh, and they they bought Okay, and then now Uh, we're seeing a lot of buying come back in Okay, so now can we get buyers up here and break the structure? And here's the structure Something like that And something like this here Okay, so we still we still stay bearish here until we see that Okay, let's see if we get a bounce off here on that buy side No, nothing There they are actually okay, so now they're coming in. All right. So look at these guys come in now They're going to try to test it right back up here I imagine Okay, back to these swings. So back to our our 28 and three core 27 and three quarters pivot and then maybe back up to 30 now Okay, looking for them looking for these buyers Uh Back up so those areas and then the the the structure we talked about up up here around it's actually around 31 and a half Here they come There they are This is looking good looking for them to break now above this and up into 35 Uh, and this the the volume's good. Okay This is a critical retest here All right, let's take a look at this and we're going to look forward looking here. Okay. Here's our our Potential trap volume. Okay. Now if we get buyers up here, it won't be they're going to push it They're going to push it into 35 and 40 Or look for it at least Okay, our pivot line is here even it's still holding Uh, it's maybe a little bit lower here around 26 and three quarters or so Okay, but it bounced right off of it here So If we get sellers below it then we'd be looking for continuation if we get buyers back up here We're looking for that push 35 40 uh back to maybe 45 vwap here now Yep, let's see if they can do it looking for it And buyers let's see it push Continue to push Should see some stops here triggered We got a nice stop run in here or chain of stop runs Okay, and they're they're still able to push it. So they're they're they're gonna they're going to continue to push it here It does look like mean reversion alec, uh, you know, uh You know that we already had it once But you know like it's like we were saying, you know, we've got a lot of kind of elements in here looking for the potential for this move here It's nice. It's nicely set up. We just need to see that follow through on the buy side Okay, because we've got lots of liquidity got filled in on the way down here We saw this cluster here and like it failed it went through it So we're looking for the continuation and then lots of buying in here. We remain bearish until we uh Looked for that buying up in here. Okay, and then the push We talked about um, the potential bounce off of this area right here Went below it and then they bought and then back up above it and then you know A nice move Nice moves again in in that s and p. I mean, I love it when it moves like eight to ten points on these swings Okay, here we go again. They were coming right back up I like it. All right looking for 40 here I think they can break this and hit 40 here Uh, and if they can hit 40 With some size here in volume, they should be able to hit 45 45 is nice as well. There's another kind of pivot area right here You guys can you can clearly see that see the that um Kind of uh, it's a it's a bull flag, but it's like a Bine pullback strong buying pullback Not able to make a higher high really not really finding buyers pushing it through here And there's the order flow and then here's retest to it and then continuation Buyers have it really nicely set up here. They've got a lot to lean on with that liquidity filled here on the bid Uh, we're back up here. I'm it's looking good for this move to 40 here. Now again, not a trade recommendation here We can't do that. We don't do that in here We just read the order flow and we give insight to where we think it's going to go Based on the order flow reading here applying what you've learned from our our educational course Okay, you need to do your studying like your your uh, uh, your due diligence Like how often does this happen? Okay, what are the things you're looking for? How do you? Manage your risk in here On some of these considerations here Now let's see if we get our buyers again here nice nice little rotation down um It's kind of back echoes back to the classic s and p we all know And then let's see here. We're all set up for this to break out um looking for it Looking for buyers up here 35 Uh, they're on the bid at a little higher level at 30. So that looks good And they're pulling Failed to do it up here at 35 Failed to do it Okay sellers how sellers come in and stream in here still looking for a bounce off of these areas though We have we still have areas of confluence here for a bounce and then uh, this could be like our nice little trap here So buyers looking for the scenario of buyers above 30 If we can get that and we're not Interesting Interesting move. Okay sellers come in and hand over fist So it broke the trend line and then really picked up here. All right. Well, I miss read on that one Uh, I still wouldn't count it out. Um, we've seen enough times Okay, it would have to be buyers back up above 26 and a half or so I think No, this this I don't think this was so random. Uh, to be honest, uh, alec This was uh, not a not a good read in here. We were open to this here. I mean, we saw these buyers come in here uh, and um It was all set up so nicely just because You know, we had We had this liquidity in here. Uh, we had our our move here. See how we can draw that pivot in here This is again the same thing the at at these extremes You see these these sellers down here And then the pull away pull back to it and then the bounce higher It had a lot of things going for it in here and we saw buyers higher high here You know big swing but higher high higher high Looking for our buyers looking for the follow through to 40 And now looking in hindsight though, you can really see it very clearly Uh, you know, you see that it was a lower high and no no, uh, uh, Are not many buyers up here. The delta is showing actually sellers Right, so it we're even still kind of pulling for it here of like, oh, okay We'll just bounce off of this area here in the structure the structure broke though Right. So the structure broke in here Uh, I was looking to see if we can kind of get you know buyers back up and above these sellers here We would have been perfect because it's not much of a price move here It's like 28 to 30 And it wouldn't take much for buyers to come back in above it. Um, and then have all these guys on the on the hook Right and then a nice move to 30. Uh, that was one of the scenarios here. What happened was They didn't show up at all. Uh, we got sellers down below it and they really pressed on it And now, you know, we're back in here again. Uh, and then yeah, here we go Now let's see this watch this here. I mean momentum to the downside in the bigger picture. We know that Well, we go through the same scenario here. What if this is that false breakdown below 20 here? Okay, that scenario is looking, you know, possible here All right, let's see if the retest down here if there are sellers, we'll get our continuation Yep, there they go and looking for continuation 15 And then let's see 12 There they go. Look at that quick move into 12 Yikes Stop run ice perks on the other side guys Careful careful in this environment here. This is we're getting right back into that same kind of uh environment now Stop run below looking to stop run above up here somewhere Okay, looking for those buyers here and then we're looking for trapped buyers up in here Right and then looking for a pivot line in here Uh looking pretty good at 20 so far and that was the event over here. So Uh, let's see if we can get trapped buyers back up above it and then sellers back down below it So there's the move to the other side Okay, now did they get enough up here? Is there enough buyers up in here? Did an auction up here? Uh, are we seeing? Uh, you know a lot of transactions up here Okay, so we're already down below that line here And then looking for sellers to try to go right back down to like 16 or 15 here And then and then looking for a continuation All right guys, let me get back to the question. Sorry. I've been just Kind of on a rant here With the current price action Good stuff. Uh, also we can take a look at some stocks as well. Uh, any suggestions you guys want to take a look at? Crypto as well Oh, let's see if we can get if we can get sellers at 18 here. It'd be pretty nice Try and there they are. All right, let's see. Let's see if they can push it here Retest and follow through on this all side. Let's see it down to 15. They're pulling at 15 There's some exhaustion again on the buy side Okay, looking for a retest to here. Now this is getting kind of microstructural here at the moment okay, because uh This is a this is a tougher read in here. I think with the order flow Still looking for sellers here and then the push into 15 and you can see they're buying off of it There they are. There's some sellers. Let's see now. They've got to follow through here Retest no selling now some selling there they go Okay kind of turning into a choppy mess um, let's uh Let me get to these questions I think we're all we're all set up here on uh Discord, let me go back over to youtube Oh, yeah, okay. Sorry guys Just getting to your question Questions now lots of them Great, and we're getting enough of that follow through here. This is this was like a tough read in here. I thought um Even even down here. I mean they're doing it and it is following through So, you know, we stick we stick with the structure here Uh and and where the volume is um So, you know, we'd stick with the downside, but I you know It I just the the volume is not so convincing down in these areas here. So be you know Uh, I wouldn't I don't see anything clear uh in the order flow right now Okay, you can see that the buyers come in to test it back up here again. Um You know nice cluster down here, but uh One one point before I get to some of these questions. Let me just go through this This is important about the structure that we talked about And we're going to take a lot of this stuff off the chart. Okay, let's just clear the drawings And then uh, let's take the heat map all the way down here the dimmer And then we're going to take the volume dots off here as well And this is such an important important part of your analysis. Okay, uh on any time frame Order flow works on any time frame Okay, is is what we want to understand is like um Buyers and sellers or In this price action, where is it accepting and rejecting? Okay, so it was trying to accept above this swing here at 32 Tried tried tried we already we talked about it several times with the order flow And that's why we're looking for this move here back up into like a v-wap here Okay, that would have been a nice move It rejected up here it exhausted out and then we see the sellers push through the 30 And then the volume starts to pick up in here, uh, and then they move it lower Now there's the structure here You know higher highs higher lows or or you know lower highs lower lows Is what we want to kind of gauge here We made it even though it's slightly lower. It's still it didn't do it Sellers are still in it from this point on. Okay, this move here They are in control here And you don't need to look at the volume to to really understand that you can just look at the market structure So we'll go through this in more in more detail here about understanding market structure Uh, because it is essential Uh to understand Okay, and then we look for the order flow within it All right, this will give such a nice roadmap Into different scenarios to look for in the in the in the order flow Right, so and this will keep you in trades Okay, not getting shaken out of of certain trades in here. I mean right now. We're still bearish here because of the structure Okay, now it's just see how like the order flow here even though the swings like it's still holding true Look at the this is horrible in here. We know this is going to be horrible volume in here Uh, we don't even have to look at it because look at how choppy it is on the way down here It's not it's there's no decisive moves in here right Even this little pop and in volume in here on the buy side You know, we can see it in the bars here at least Um, it's still it the structure is still bearish Okay, not until we get up here and we see buyers back up in here and they break it And even if they do and there they are Okay, even if they do Okay, there's still ways to you know get involved in here Um Or it might it might even fail here and come back down Okay, and then that's what we want to gauge here Uh now on this small time frame see how this failed here it broke out Okay, and then uh, basically it it it failed it came back into the range here So here's where you can get your pullback strategies Lots of different things to look at in here. Okay, the one we've always used. Um, there's a couple Number one is we're looking for to accept above the range. Okay, that already clearly didn't happen. So we look for Um, either events or high volume nodes down here Okay, like a big volume tot or we also look at poc of these ranges now poc is we're now we're bringing volume profile into it here or you know auction market theory Um, not just swings Uh, and what we're looking at in here and this is where you you need to either have your profiles or Uh, you you could also look at some structure in here too and and kind of gain, uh, um Insight to to to the volume profile. You know that, uh, you know above here is going to be kind of a, um You can see the the breakout the pullback here and then the the continuation on a very micro level in here Okay, uh, so what here we go. So here's here's the move back down now here This is it retested back up here didn't follow through Now we're looking for sellers to push it through Okay, push it through to 12 and a half and below Just based on market structure in here Okay, and look look at this liquidity down here. You know, we don't see the order book here But we have the dome. So we're looking for 405 or 40, um, oh five Okay, it's a potential target. There's also some here at 10, right? You can see it in the dome All right, so let's let's turn our our other, uh um Two elements on here, uh, we're looking at our volume dots and look at our heat map in here Okay, because we're looking for the breakdown into These levels here It retested here couldn't follow through That's why when we come back to point of control, we're looking for it to trade through it Does that make sense? It's really important to understand some of these these, um concepts here Uh in order flow Once you the some of these concepts in market structure in order flow are are, um Digested, I mean, you'll see all sorts of things Starting to unfold like the push through here after it retested up here Okay, so let's turn on our volume dots Okay, and and you nice nice move or you know volume in here kind of tapered off at the top Okay, that's a detail in the order flow and then up here Yeah, there's some buying there's some selling It comes back it bounces it bounces see to sellers here They're gonna push it through Okay, and still looking for them to push it through Okay, the first test was we talked about was 10 but this o5 level looks really good Okay, and then also 4 000 the figure down here Okay, there's 10 It clearly traded And then some that's an iceberg in there too It's a stop run and an iceberg Or stops triggered Okay, let me get to some of these youtube youtube questions. Sorry Yeah, I mean supply and demand and brian is a huge part of it You know understanding the reaction to supply and demand I mean if you don't have the heat map you're looking at this And you're just looking at traded volume and levels which is good. It's it's really good you know We were just reading one thing and that was not even volume We're just looking at price structure and that that's pretty good too But boy when we have all of these pieces in here, we understand that the context Between these elements in here Is um It's it it offers a lot more insight Okay, so here's our retest back up here and see we're right back down I'm looking for again sellers here try to push it through Okay, so and they're not We got we got to get them down here around this 11 here Okay, so now you could look for strategies here to just trade it back down to 11 Right and then pull your orders and then add them lower Uh Remove them lower here If you get to move back down there, right or take some off down here, right? That's you know potential trade management strategies in here because you know look Buyers come back in and do this Right, so you took some off you'd be at break even and you know that'd be that But you you were set up for it. You were set up for the move in this scenario didn't play out Scratch scratch the trade look for the next one. All right. So anyway, um, let's uh, let's continue on here Uh continue on with the questions here. Okay, so there's a retest back up here and it's back in the range Okay, so again same idea down here We want to see the sellers try to push it through and they're not they're not they're the buyers came back in and retested back up above here Okay, so it's down here Uh around 13 or so is where we want we want to see them try to push it through Okay, see see the uh exhaustion here on the buy side. Let's see. Do we get sellers here at 15? Nope Nope, they're still they're still pushing it here on the buy side Okay, look for exhaustion No, no exhaustion They're still buying Trying to look for some exhaustion to trade back down to some of these um kind of clusters That's that's what i'm trying to demo here and we're not getting that right now Here there it is. There's some now. They got to get here and we see see how they can upend it here Uh, we we've got exhaustion here. Then we're looking for it to auction here on the sell side Okay, you can see they got they're getting upended here Okay, so and again, what if we you know now these these buyers can get upended here Okay, so we're looking for sellers still down here Okay, bottom of this kind of range here and Exhaustion followed by sellers down here and then the push Okay, looking for it now it looks better now it exhausted here Looking for it sellers are sellers right around here. There's some more Let's see it. We got to get sellers here and then the push down to 17 and and 15 and three quarters Here they they should be able to do it now there they go And let's see the break Oh, they're still buying off of it Okay sellers, you got it you got it right here. They've got it And push it there's 17. They've got they got more in this I think Um, you know, if we see we have we have to kind of zoom out a little bit and look at the bigger picture Did we get a lot of sellers down here? No, we didn't you know So in context again context In this little range. Yeah, look great We zoom out in the bigger picture. Does it know all it did was spike below this And now we're back up into the top and breaking highs here Okay, but just based on exhaustion followed by follow through Or followed by sellers to to to push it down to the bottom of the range Okay, and and target some of that liquidity in here Okay, and still looking for it again here Again, this is I like it even better here Here's why because we have this nice push up here and we the sellers coming in Looking for them again right down here and then the push through down to our 15 And and then some I think they've got it here. I think they've got more power on this one But 15 is the first target. There it is. Look at that a book flip at 15. So they're going to push it down to 10 Okay I think everyone understands that concept. They're here on the bid now they flip to the offer And looking for a follow-through on the sell side See then this is kind of our pivot right in here And and this is some pretty wicked, you know Order flow activity right right at that pivot this important pivot here Okay, our pivot is the break above this range here. See how see all these ranges. We're not making this stuff up And then now it's by we just about got to 10 and they're now they're retesting back to these guys here The market does this all day long and retest back into some of these events here You know it and you would do the same thing like a larger player Uh retest some of these areas is there, you know, are we sure are we not sure? And then that's when we we can get so much from these areas in here, especially on a retest You know buyers no Not as many buyers lower high. Okay, let's see if we can get sellers again down here Because if you're a larger player and you test back up here and you don't see any any, uh, aggressive buyers Or you don't see demand at higher levels in here Boy, you know, it looks good, uh to push it to the downside And you can see that this they're they're just Banging it around we're getting close to our european clothes, but uh Now they're back up above and a book flip. I'm not quite a book flip, but look at them on the on the bid now Right trap anyone down here now push it and and now test back up into here 21 Uh, all right. Lots of lots of questions back to the questions guys. Sorry about this and then also we'll get to the uh Look at some other instruments there. Uh, there's our push to 21 Okay, so they tested back up here. All right, so is there softness up here still can they still? Yeah, it seems to be auctioning. Maybe they can push a little bit higher here 23 24 25 Now there's our retest Okay, now we're getting now we found some buyers here Can I back up at 22? All right, let me get to the questions here. Sorry Uh, yeah rosta, um rosta maggie, um Yeah, we can we can look at crypto. I mean, it's all the same stuff. Um You know, we but uh, we can look at uh, uh crypto markets here like, uh, here's the test down into this is coinbase pro Uh and uh, you know into this, uh, uh, 32 500 area here right now Look at the selling down into these areas here Yeah, they sold there's still it's still trending. Look at the structure. It's still trending lower And now it would be upended if you get the buyers to reach back up to Uh, 650 here and then be able to break it Okay, and then come back up into maybe uh, some of these higher levels here 8 5900 and 33 000 Yeah, you're you're right. I mean different different instruments You know, they trade differently, uh, but the order flow kind of overall the order flow events are are the same like a pivot line would be right here At at this 5 20 level here or 500 Okay, so are they buying above it? Are they gonna are sellers going to push it through? Okay, we had we had some selling or some buying up here retest Didn't find any buyers So I'd be looking for that scenario here If we get our sellers here at right around this kind of 5 20 area here I think they can push it through and come back down to the lows here All right, that would be the primary scenario. I'd look for in this And that what that would look like for what what we'll be looking for up here on the retest Exhaustion Right lack of buying Okay, and then watch the sellers push it back down Okay to to re to re auction down here Right and there here they are Okay, now let's see if they can do it Not yet Not yet Okay, here we go again now let's see and they're they're auctioning there They should We'd be looking for them to try to move it and try to hit some of this liquidity down here Okay below this area below this critical level in here Okay, so now looking for follow-through on that sell side Now the opposite scenario here. What if this? They just can't find them and they get you get buyers back in this is going to be our trap volume here But we're you know Look you got to take risk at some point Oh every point every time you trade It's always risk Okay, so You know you're gonna you're gonna go with this idea and then or to get stopped out If it comes back up Or you're gonna go with the sell side here And these sellers trying to push it through back down to here Okay down to 32 380 Okay, based on what we're reading here in the order flow Yeah, that that looks like you know It's not it's not the not the greatest in here Uh But uh, yeah retest back down into these areas it looks It looks like it more or less it wants to do that Okay, it's not so clear. It's not the not the greatest order flow reading in here Anyway, there's there's just a little bit on crypto Um, what is the range? Incentive it has on the market A big delta dot. Well, I mean look look forward, you know areas in in here where um Like we've been covering You know, um, is it Did it accept did it did are we're looking for you know the We're basically looking for Some commitment in here from that buy side It's not bad in here so far. They broke this structure They're buying up here. There's more buyers than there are sellers A little cluster of selling in here, but a counter by buyers on the other side still looking pretty good Uh here they're still buying still looking pretty good. Okay now sellers did pull away from that little range in here And they they drove it back down to the bottom of this one here Now we're seeing sellers down here Now we were just covering this in the live market Hey, not bad some buying up here exhaustion here Sellers starting to come in Looking for sellers here and then looking for the follow-through to the downside Okay, and then that just played out right now Okay, now it's not You know, it's kind of it's kind of choppy in here a little choppy in here, but that would be the primary scenario Okay through the order flow reading in here. I hope that answers your question. That's a it's a great question Uh, I don't know if I quite understood at all How can more by the way, how can there be more buying when someone Well, it there's there's more buying that this is a I would highly recommend that you watch part one of our educational course Uh, this will go this is it's a I'm I'm really glad that you asked this question. Um Because this is so essential to understand how price moves and we cover that in detail in our education on part one Okay, what makes price move? All right, it has to do with supply and demand and also the appetite of the aggressor The market buy and sell orders It it just to understand this really simple Concept in in all markets Be it on an exchange here or just you know going to like uh, uh the farmers market Okay, it's all it's all really very much the same. Yeah, let's see here Yeah, the the the color striations here are the limit Buy orders down below and limit sell orders above Okay, all based on the c o b column. Okay the current order book or your dome Okay, your numerical values that show liquidity. These are limit sell orders here and limit buy orders down here Oh guys, I I know I tempted you on friday, but like uh, I'll mention it again. Um You know, we have we have something to really pretty special to show it. It'll be coming out in in some weeks Uh But being able to understand what we just went through in terms of testing some of these areas in here The clarity will be it'll be much better Uh and under truly understanding what's going on in these markets Okay, not just that educational part one and two of our of our course I mean that that happens it has to happen even in even in these events that we're going to be covering it here pretty soon, but uh, nonetheless like, uh You know just these kinds of pressures and and You know understanding the few are a seller in some of these areas. What's your position? Well, you're not a seller anymore. You're a buyer And where are you going to feel the pain and where are you going to get out? And it's going to be up in these areas in here Okay, so and and that's another kind of market dynamic to understand Uh, which we will go through in in detail Yeah, I'm not not a big fan of of moving averages. Um Just uh, I if if it's like a vwap or point of control or something like that and a lot of traders are looking at it Then I like it. Uh, if I don't know who's going to be looking at what moving average Okay, now if you have studies based off of it, that's something else Okay, uh, but Anyway, uh, I just like looking at the order The order flow around those events like if you have studies based off of moving averages great Uh, now look at the order flow like some of the things we're covering in here and oh, man You're gonna you're gonna make such a better trading decision Because you'll have the order flow on your side. Um along with your strategy How you welcome Antonio Yeah, glad you're enjoying the uh, uh, these uh these webinars okay, so, uh Denise you were looking for a Uh A gap fill. Okay. Yeah. I mean those are great areas. We talked about gap fills earlier Um, you know huge gaps in here actually as you can see But this was after and when we started this webinar, you know, there was kind of two there was uh We were into the first hour basically This the second candle had just shown and it was up here and it wasn't showing us much Uh, although we did we did take the stance. Okay. Well, we think, you know, this is the s and p Okay, nice follow through guys on the downside in this, um crypto um In bitcoin Uh, but yeah, we took us took a stance here. Oh, look at the oh five starting to trade Okay, that was that also after we got to 10 that was our next level here. Um So this is nice follow through here Looking for the figure 4000 It's I don't think it's going to be easy as that especially european closes than the last well It's still still kind of closing here Right, so be careful. There's going to be some back and forth in here All right now, but the figure is where it wants to go in in general Lots of liquidity right around these big numbers And it's not so much the big number. It's the liquidity around it All right, so we when we started the webinar Yeah, right. We didn't really it was kind of choppy in here Uh, we saw this buying coming in and we thought yeah, okay Well, you know, maybe they can kind of reach back up a little bit higher and then we read it. I think I think it was here And uh, and we didn't see it. We saw the sellers below the same things we've been covering here We saw the sellers below it were looking for that follow through to the downside um, and um God, no, that wasn't was it. Yeah, well that was 10 o'clock. Yep That's when we started Okay, so Looking at gap fills Again, I I would That's great. The gap fills are great plays Just look for the order flow to you know Support that gap fill otherwise if you're still in this for looking for a gap fill You're you're really really hurting It might take it might take a couple days. It might not happen at all until you know years later Yeah, understanding the structure, uh rasta mage um The it's you could see how it just really keeps you on The right side. I mean Yeah, I mean even to this whole this whole move here basically Yeah, we're looking at these counter trend trades and then the continuation and then counter trend trades and continuation but you know here here's the easy, you know approach just you know if you're You know depends on the time frame you're trading but You know once you once you kind of got some clarity in here in the in the movement Uh, you know this trended just beautifully, right? Uh, and uh, yeah here you might have gotten shaken out a little bit right in here, uh Just around 1045 Uh, because there's pretty strong volume in here Uh, and it we're looking for that move back up into here Of uap and you'd still you would still be bearish on your higher time frame structure Right it the swing would be it would have to break this swing up here started to break this one And but uh, you know the the the next one up here That that's what it it'd really be broken And you know you can draw your trend lines And it behave beautifully around that You know trend lines look again just look for the order flow around these events Or around your levels To verify your your strategy 10 years pulling back a little bit. Okay. Oh nice one Uh gu no five. Yeah, you have you have some really nice insights Yep Good stuff there. I I love looking at the correlations Uh, as I think it's a great, uh way to really enhance your trading as well It just makes such good sense guys. We're trading into the just down to the figure right now or I don't even know Maybe it did trade Yeah, it's just trading Yeah, and through it and through it. All right, well watch watch this especially end of the european session here icebergs already lined up on the other side You know watch be careful here. It's the massive pivot here at 4 000 Okay, so, you know, we can get a lot of people going the wrong way down below it and then the move back up above it It's already doing that somewhat here Uh, and we'd be looking for these buyers to try to and these are profit takers, too You know, they're not just buyers coming in. These are a lot of profit taking Uh, you know down into these levels here, uh, and then it can come back into 10, which is nice nice area here We've got an event. We have high liquidity. We have a swing here And having some liquidity coming on on the offer as well up here So, yeah, let's see if these buyers can try to stretch it back up into here into 10 Typically, we look for them to trade through about four or five points Uh, and then come back up and then do this It seems to be doing this immediately here Instead Okay, so yeah, just looking looking forward to inch up into this 10 level here All right, that's where we've left off on the uh, S&P LeBrette, no, I mean liquidation levels is a whole nother thing Okay, we can look at stops and icebergs in here, which is tremendous Um transparency Just just tremendous Uh, but uh, you know, we'll be able to extrapolate even a little bit more from that for for crypto Oh, good stuff mason. You're enjoying it in here. Yeah, we do this all day. I mean it will entire entire webinar Oh, you're welcome Rasta Have your thanks. Yep. I'm getting caught up now. We're just getting to the 4 000 level. So I'm I'm almost there New York reversal could be coming usually. Yeah, I mean, uh, it depends like, uh, uh, you know Typically we see it around 10 Or 10 30 or somewhere around there Um It depends. Yeah, I mean even at the 11 30 as well Uh, but a lot of times like, uh, you know that first Hour of trading and then get people all on the wrong side and move the other way Uh, you get your counter trend trade and then you get your continuation later Uh That that happens as well Okay, so and again, like what does that mean? Like, you know, um, it just means like looking for uh Where people are trading and transacting and where Market will go and test to see If there's still more, uh interest in trading at some of those extreme levels And that's where you can get your cascading stops uh, and um, uh, you know Kind of move and test into those areas All right, well, we'll talk about it more, uh and um Yeah, and put that together with stops and icebergs and order book sweeps, etc Uh in these in these quick moves like this Okay, so, uh, yeah move this move back to 10. Okay, so even look at the structure here So that that's what we're looking for over here After it broke down and then traded back into it So, you know, that's um That's a little nice, you know, eight nine point move there. Uh, but look at the reaction up here Hey, did it break this structure? No Didn't it just kind of traded above it and I don't even see any stop runs above it So it it might have to come back up here and test again and try to see if there are any stops Okay, but we need to see buyers to be able to do that and where are they going to be interested in buying? Well, I would say this cluster here is not bad Okay, and then maybe this one or this one Or even down here Okay, just just just below or above these guys here around this o2 area Okay, and and still the anyone that sold down here They might just have to buy it back at that point down here to get the mice move back up There are just different scenarios here again in the order flow Understanding where price might go Okay All right guys. Well, let's uh, let me see here. Um We have tom b for those of you guys who want to continue. This will be tom looks at the s and p And we'll have him on youtube very shortly guys. Uh, thanks for your patience on that He'll he'll be in in our discord chat room though in just a couple of minutes. Okay, so look for him there and the the Order flow readings will continue All right, and tom is a very specific trader looking at volume profiles Okay, that's that's the way that he trades And Is an expert at it. Okay, so it'll be s and p and volume profile And you can continue on there We'll meet up again with you guys tomorrow at 10 a.m And let me uh Just request here if you like this video Then please subscribe to our channel and like like the video That really helps us quite a bit and allows us to You know continue on with this In-depth education for you guys. Okay All right, excellent. Thank you. Thank you very much guys. Uh, uh wealth pegasus. Thank you very very nice Compliments in there. Uh, we'll catch up with you guys tomorrow. Okay. Yep. Thanks for coming. Bye. Bye