 Okay, good morning traders and welcome to the book map all markets webinar This is Bruce at book map and we're gonna go through any market you guys want to look at that we offer and can connect to in book map and Cover the order flow How do you use book map? How to read book map? How do you use order flow to your advantage? That is the goal here? Let's go through the disclosure General disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice No recommendations risk disclosure trading futures equities and digital currencies involves substantial risk of loss And it's not suitable for all investors past performance is not necessarily indicative of future results. All right Let's take a look here. Typically we look at the SNPE many. This is what everyone else wants to see as well If you want to see something different, let me know we connect to crypto stocks and futures All right interesting stuff here right off the bat and we We just had as you can see here some data the jobs Openings from Jolt's jobs openings Later this week we have quite a bit of you know Data coming out this week at beginning of the month is usually when we have Lots of data and this is going to move the market. All right, so for example, let's just take a look at this Order flow in here All right, see see this kind of dark area in here. It's it's not the biggest Release or most important You'll see starker contrast when there is more data released or more important data released See how it's dark in here Hey, this is due to news The news came out at 10 a.m. And look at this area in here. See how they're pulling liquidity not not everybody Hey, but you can see that liquidity falls off starting here and then this is 10 seconds before the event and then at the event Yeah, they kind of stay in You know after the 10 second these guys pulled their liquidity after the number came out And let it drop into this liquidity down here. So Being able to understand this relationship of liquidity in the market and how the market's function is right here in front of us And this is what you know, this is why the market can move is due to News releases, but people pull their liquidity They want to understand what these numbers mean What the data means and how to react to it and then we want to read the traders reactions We can read the reaction here that they're pulling and reducing risk Due to not knowing what the data is. All right, so it's there in book map It's captured all here in book map, which is really nice. So we can you know really Understand traders behavior and that's what we're after here. All right, so let's take a look at What exactly is unfolding here it was an interesting move here in this S&P I Was watching it earlier this morning. So We see the the move to the upside here up into high liquidity here. These guys are staying in the order book they've been in here for About an hour or so and and they they transacted and it went even higher And then the data came out and now we're quite a bit lower All right, and look at look at the volume behind it here to the downside. All right, so something is happening here on the bigger picture so let's zoom out and take a look at the daily the Hourly and the 15 minute on on the candlestick charts here So I've got the daily now. Thanks. Aloisa. We're looking at the the weekly last Or yesterday last session and trying to understand what's happening on the daily chart and what are the Areas that are really important Well, the areas that are important are previous highs and lows And if and and this is why because within a range in this case a day's range of activity with the candlestick We have lots of transactions and if Price is going to go outside of that day of all of those transactions from the previous day It is likely going to do it on high volume It's gonna break the the Previous range and and we'll get price discovery going in this case to the downside And that is what is happening right now Here is the day from yesterday here and we are below it now Okay, so we're below that low and we are exploring lower lows. Where is the next area to test? So I'm posing the question. What do you guys think? What is the next area to test? And this is look it might sound simple well then then throw an answer in You know, where's it going? And and then we'll discuss it briefly Okay, let me jump in here to the Discord chat Good morning, Rob. Good morning, Stephen. No, no, no answers. Okay. Oh, there we go. Okay. Thank you, Sory 4277 Yep, exactly the previous swing down here Right, so we're we're still within a range here of other other days previous days So where are we looking for a test? Well in this area down here now We don't know the volume down in here and and we don't know the order flow down in here on this daily So there might be some high volume node in here that is just testing now and maybe it'll bounce out of that We don't know right or at least I don't have access to that data on the candlestick chart so we're gonna look at book map to give us insight on On what might happen at those areas now in the hourly chart we can see it a little bit clearer here We can see a little more a Bit more granularity and understand that what we have is probably around in this area where a lot of buyers came in to be honest and So yeah, I would expect to see some some covering or maybe some buyers come in here Kind of surprised to see this big move down We are in a downtrend though and the and I guess the numbers the markets reacting to the numbers here to the downside the there does Happen to be a gap that remains here from yesterday see that we gap down here and when we opened up We opened up down here We see this move back up to fill that gap It not entirely fill it but partially fill it and then we see these sellers come in Hey, so Anyway, that's a What we're looking at down here in terms of these wicks on the hourly chart And we would actually look for Something in here, and let me just make this a little bit us All right, that looks a little bit better This see this candle here Hey, well, it's a big move and it and if we go from the previous range in here of another previous hour We broke it And we went higher here, so we know that there's buyers in here that made this move happen and Down here are they gonna start buying again? Hey, or are we gonna get profit takers on this move to the downside here? Take some profits down here and and or get buyers at the same time Right now the low though and the swing is what we're looking for though this 42 77 just like a sorry had Types in there, so Anyway We're we're gonna talk about today is market structure the last Couple of sessions we've talked about trap traders and and we can put that into the market structure as well Okay, so but I want to start with market structure Unless there's something else you guys want to want to go over It is essential to understand the market structure. Okay, so maybe we're gonna even use candles today Here is a market structure for example. This is a sideways Consolidation in here. Maybe I can even go a little bit bigger something like this. Okay Look at the breakout of that structure. What do you note in this breakout in here? Okay, there's a couple of things to note But this is what you look for when you are looking for it to break a range And I know you guys know the answer over in discord. Come on guys Dan. All right. Thank you, Dan. I see you're typing. Come on guys. There's there's I mean, this is You've got to recognize these things You've got to I mean it's just essential No, not the pre not not really the looking for the retest of the previous range hot Yeah, actually that that is that is that is correct But what we're looking for on the breakout is volume and direction. Yep, Dave nailed it Well volumes and strength basically in movement it doesn't Yeah direction, I guess is is is kind of the answer The question is what are you looking for? You have a range in here. What are you looking for on the break of the range? I'm trying to make it a little more interactive and also kind of coincides with the Webinar that we had the meeting on the the bookmap academy Last week last Friday. Okay, because we have to recognize these things. This is trading, right? and This is how you you can look for something higher probability Volume and strength absolutely trading for a living I think movement strength is if you mean movement like Yes, so we're looking for a strong move on strong volume these two things now This is failing here. It's a breakout and this is very very typical in here We're going to go over it in just a second here. Okay But we can see now. This is is this profit on the higher time frame. Is it what we had discussed Is it profit taking or new buyers getting in and then getting stuffed now on with the the move to the downside and looking for a stop Run Okay, that they're trying to buy a reversal here And and buy it on the cheap. We don't really know the answer to that We can see wow, we got icebergs going all over the place as well in here interesting moves in icebergs the But volume and and and strength in the in the move Strong volume strong move. All right. That's what we're looking for. That's what it takes to break a range typically Not always but very very typically and this this is a Pretty good example All right now. This is a small structure in here But this is what we're looking for. Okay now you see the high liquidity in here It traded it it transactive. We can go in here and look at it Okay, uh here transacted here some of it pulled some of it transacted same here. Okay, but this transacted All right in these areas in here They're pulling and then some of it transacted and then we come up here It we take a break. We come back up. We find another leg higher here Okay, this is your flag pattern in here beauty. Okay Uh and anyone who sold in here, uh, we're looking for them to get stopped out up in here Okay, now what we're talking about in terms of structure here is that the structure was broken All right, but the bigger picture structure is it still in in intact? Uh, yeah, I mean it came up and went above the swing up here Uh, and then we get kind of a small double top in here I'll talk about that in a second. Uh, and it failed Right typically typically what we see is we don't even get this second leg in here um We may but uh, typically what we'll get and see in in uh, This this kind of structure here is in in in terms of the continuation Um is we get we might get the strong volume and the strong move We will get a retest back up here and we don't see the strong volume Uh, or or a strong move or maybe it's totally absorbed by high liquidity in this area up in here So what you get in certain instead of a reversal pattern and continuation to the upside You get leg one Usually on the second leg here now this one broke it but you can see Basically in here. This is where it failed cannot make a higher high. We start to see the sellers come in All right, so now we're looking for what dan had mentioned the retest back down here Uh, and is there support in the order book? No Okay, we don't see there's a little bit in here. It's not much. Uh, do we see sellers trading through it? Yes So we're looking for maybe the high volume node down in here to be the next test Or bottom of the range now look what happened down at the bottom of the range Our strong move Okay, this is a breakdown trade or break out to the downside. Okay looking and targeting high liquidity on the on the bid right, so Uh, anyway market structure. Uh, this is what we're looking for in a break Uh, high high strong move and strong volume And then we're looking for continuation and then we're looking to see if it's sustained or not If it is not, uh, then uh, we're looking for retesting back to the top of the range here The point of control of this little area in here, which I can show you here Not look at delta It's right here. Okay Right right there Uh, and then look at look at how they see how the sellers power through that area. These areas are important And this is uh, you can talk about auction market theory and and uh volume profiles, etc You don't have to be dazzled by all of the kind of uh terminology and sophistication or whatever it might be of it It is simple It is the most traded level within this consolidation period It is it requires volume to break that and to continue Okay, and if it can it will surely test Very most likely test the bottom of the range and maybe more in this case We get the bigger trend continuation here to the downside. So Uh, and now we can even draw up even more structure in here. Okay bigger higher time frame structure here Okay with a trend line And see if we get our continuation pattern in here All right, so Anyway, so look for these things within your structure Right now look at this structure in here now. We're talking about a higher time frame structure Okay after this data point here and the jolt's job openings here There's no question who's in control of this move Okay, it is sellers And this was just we we recognized it as uh some covering Uh a pullback potentially On the higher time frame and we looked at these wicks in here On the hourly and we looked at this candle in particular here And then why we tested that area now We've come down and tested the low of the range which was exactly what we were looking for In this bigger picture move here now Sorry guys, like we're here for the live order flow I'm going over more educational stuff to really drive home these points in here But this move to 77 was what we were looking for Okay, and there's liquidity here at 80 Uh and then at 77 down here as well This is where we would expect a reaction As well All right, and we're getting it look at the buying coming in All right, so let's look at again structure here. Okay now We don't want to um You know reversal structures can be very very challenging and We want to be careful with the reversal structure But uh boy when you when you grab them, you can you can really knock it out of the park Okay, it just may take more times to to uh Grab it and find it right so There's a lot of it to kind of For the order flow and the participants in here to tell us that uh, it's a reversal That's what we're looking for in here Okay, so it's not it's not over yet here We see the buying above here, but look at this breakout of this structure Do we get strong volume? Yeah, absolutely we do Okay, do we see high liquidity absorbing all of that? I'm not really a little bit in here and here. Yeah, okay Uh, but uh, do we get a strong move in here? No So we only got one element in here. We got our strong buyers in here Okay, so that's it Now is this this might not be finished. Where are we where are we testing now? Okay, the this trend line. What about point of control? And what are we looking for at point of control in here? Okay, we're looking for uh, either sellers to push it through as they seem to be doing here Okay, or we're going to get buyers off of this in here Right. So is is this range in here and this little consolidation in here? Is it going to hold? Okay, we don't the the jury's not out yet. We're right at that trend line in here Okay, and uh, here we go. We're seeing some buyers now. This is where You know if you want to take these kinds of trades in here Um, just note that they are risky Right, and we really want to look for something solid Uh, and I would say we don't have it here For a few reasons number one We've got volume here. That's good. We didn't get a strong move here It pulled all the way back to point of control Dan had mentioned earlier if we had a strong move and a retest at the top of the range that would be more bullish Okay, so this is more bearish that it has to come down and test the point of control here of this little range Okay, or the most traded level of this little range in here All right. So, uh, in fact, it looks like there's more sellers This looks a little bit better here a little bit, but not not much That we're going to test down to 75 right, so, uh This is where you have to be really careful Because you can get be on the wrong side very very easily And what do we have in here that tells us that this reversal pattern is going to unfold? Well, we're looking at the Transactions around here and we're looking at the order flow or the limit Buy and sell orders here and we just don't have any any action in here Right, they're down here at 75 Hey, where are they on the on the offer? Well, they're way up here at at 91 or 90 Okay, so again, do we have something high probability here? No, we do not Right, it would in fact it would be more probable to test 75 as we had just mentioned Uh, but uh, maybe we'll see a continuation through it here right, so Anyway, we're watching and waiting in here for something that gives us more insight Okay, so we don't know if the buyers are finished yet or not or if they're getting stopped out I I don't see any stop runs yet. Uh, they are on the hook here, though Uh, anyone who bought in here that's not covering after the move down They're on the hook and and we'll get stopped out down below here So yeah, I would still go with higher probability and it's not very much higher That we're looking for this to be the trap and for the sellers to come in and hit into this 75 and and see a flush Through 75 maybe down to 70 and then maybe move back up and then through and then back up to 90 right, so kind of a complex scenario here, but Let me redefine it here That trend line in Okay, so as as a line in here So, uh, yeah, we're looking to see if we can get a move back down into Maybe a small bounce and then into 70 Move back up and then a strong move back up into to 90 You know something like that and see a tremendous amount of stops here in this area here All right, so uh, uh, anyway, we're just going through different scenarios in here And looking for one of these to kind of match some of the order flow scenarios. We're talking about All right, so we're back up into here with all these buyers are Supposedly still in it. So these buyers in here. They did not get stopped out Okay So we could see a rise here and buyers take control of this market at this point Okay, so we can even redraw our trend line in here because this one is uh finished And we can look at something like this now and we can also Make this bigger All right. So anyway in terms of structure, we know what we're looking for Um, we're looking for the strong buyers uh to either break out Or we're looking for a move back into and through point of control down here at around 78 Uh, and then into 75 and maybe uh, maybe a flush through and then a retest back in Back into the range here. So yeah, here come our sellers now this this structure here that we just redefined As the high being here was just tested and look at the buying that we got here Okay, none very little. I'm looking for the sellers now to trade into and through 75 Okay, so I know that that was quick But this is the opportunity as somewhere around in here Looking for that move into 75 Okay, because now we kind of know that there's sellers here Uh, and uh, we're once they can kind of push through here. Uh, that's what we're looking for All right, and they're pushing through on volume. Okay, we have not gotten our stop run yet Still looking for it. I'm looking for these guys to have to cover in here. Let me be more specific Anyone that bought in here or bought in this whole range in here, but especially up here Okay, now what do we have? We have high liquidity on the offer Just looking for these sellers to to flush through 75 and maybe down to 70 Okay, what I also like about it. We have the volume on the hook here Okay, looking for stops. There'll be compelled to cover And we have high liquidity here down at 75 which just transacted And we're still looking for a push through and looking for a big stop run here Okay, this structure here is still holding Okay, it just tested bottom of the range Okay, so basically that's only like a two-point move into 75 right from 77 or 78 to 75 so a three-point move here It doesn't really matter. We're going to go through as many examples as we can in here In book map on lower time frames Uh, but Even though this is only three points. Um, you know, it's it's that's a pretty decent scalp and it will build your Your confidence that uh, this is what you're looking for right for these reasons that we just outlined And pointed out Okay, so I would I would take some off at 75 here right right in here In fact, I like to front run just a little bit and get out before they trade into 75 I don't know if they're going to come in here or not Okay, I'm still looking for that stop run, but maybe it just trades to here and maybe it comes back up That's how I meant I would manage the risk in here. Okay. These are not trade recommendations. These are Concepts to look for in the order flow on all time frames Okay, so uh, look look at the buying just kind of you know inching in here Uh, and uh coming back to test this point of control Struct in this structure in this time frame right in here. These sellers are still in control Okay in this move here where they would be out of control is up here Okay, so we'd have to trade to 80 and through it on high volume So we know what to look for in the structure Uh, and we know um We have different scenarios Of what to look for. Okay, let's see it sellers looking for them to to hit it hard here But I want I want to see the sell it see this buying in here. I want to see the sellers below here actually Uh, now, you know, if you don't see buying in here, you could trade it down to that area And then look for that follow through that gives you a little bit more kind of a buffer Basically, it's a range bound trade top of the range Right in here somewhere back down to uh bottom of the range in here Okay, so again something like a two or three point move How can you see if stops get hit? Well, we have stops in icebergs here in book map in futures Okay Let let's let's cover this right now. So um Because we see the move back up into 80 here Uh, how would if you if you were looking for getting in here stop to break even immediately Immediately this is one of the edges you can get in order flow. Just get stopped out Uh at break even uh, don't don't uh, don't hold this and then pray Why why will we do that because we're looking for this to work immediately if it doesn't work immediately You just get out And there's one of the edges that you can get here using order flow And now look at the buying build now Okay, is this a low volume pullback? No This is higher volume in here. Okay back to 80 Okay back to where these sellers that tried to take control the market now might be the fuel I mean we got we got our stop run in here. We got a few stop runs Uh now let's see if the buyers can get the sellers upside down So what that means And scrambling is all of this selling in here any red dot that you see in there Uh, we'll be covering back up above in here back up to 90 That would be the scenario here now you can see we came back up here and look look what happened All of that buying here. We're even below it now Okay, so uh clearly the sellers are still defending this area here around 80 Okay, and that's some some heavy selling in here It's just about equal to the buying in here All right, so good. All right. So then let's see if sellers should be able to push it through now Into uh, this liquidity down here at 73 Okay leg one a bit of a pause now looking for leg two into 73 We don't have much in the order book helping us here. So we're just between 80 and in 74 73 So not nothing great here If these guys pull and add lower and then we see some selling coming in it would it would look a lot better a lot better And this is how to start to read the micro structure Okay, within the structure. We're looking at micro structure All right, here we go. Let's see it Sellers right here. This is where we want to see them down here nothing And buyers buyers going back to the top of the range here retesting these sellers control from this point here and also here And and they're they're they're going to give it a shot in here and these buyers it Back to uh, we'll up into the top of the range in here at 81 or so All right, I in my opinion Uh, reading the uh, we'll just let this be objective about it though Reading the transactions and the order flowing here Uh, that edge is being eroded Okay, we're looking for sellers to be in control. They're being tested here twice And then we see the defense defense here on the sell side again in here I'm not seeing them now Uh, defending it. So are they giving up? Uh, it's harder to read this here There's buying and selling it's really back and forth in here Okay, so we're going to try to read this in here Uh, and see if sellers are trying to defend it at a point here around 80 or 81 Okay, and I don't see them defending it Uh, so let's see if we can get our buyers back in here Okay, and we're looking for order book to support at a higher level And we're looking for our buyers in here around Uh, 79 or so I don't like it either. I mean, I see I see a little bit of liquidity underneath here pushing But I see liquidity up here on the offer as well So it's not really telling us right now. It wants to break out And we'll we'll see though. We'll see if uh We get more insight here in just a second So anyway regarding the stops, how do we know that there's these are stops? It's market by order data from from the CME or futures only and CME group futures only You have to have rhythmic data and then you have to have the add-on that that we offer For for looking at iceberg orders and and stops See see how that that this kind of kept us away from This transaction in here or or getting involved into a trade in here It didn't give us something high probability. We're going to stay away from it Higher probability I should say Again, you guys, you know, this is a starting point to go back and in uh back test some of these ideas here Okay, here come our sellers now And this is the original move we are looking for back and forth in here Yeah, I I still don't see it. I mean we're at the bottom of this little range in here For this swing here And we see that selling cluster here Okay, so now now I like it better now. We got something look at the buying in here Okay, I want to see sellers here at 74. There they are. All right sellers Let's see if you can take it down now We got these guys as a bit of fuel here to trade into and through this liquidity Down into uh 70 here Okay, now where where are the sellers? They're they're here a bit. Let's see them power through this here Okay, I would love to see more liquidity. There's a little bit on the offer. Let's see what it does in here I don't like it being up here But uh, there's our transaction now. Let's see them drop through there. They go There they go Okay, so that's what we're looking for Uh, and uh, uh, maybe a bit lower here, but remember our our uh scenario here It was over here, you know not making this stuff up. We're looking for the drop down And maybe uh a back a move back into the range in here. Okay, so uh, in fact, we're above these sellers here We got our stop run Uh, now let's see if we can get buyers up here Around 75 and an order book skew as well. Okay, and drive it back to Uh, maybe 80 or so 81 Okay Point of control would be first stop here and that would be at 76 and a half Okay, that's just one scenario. I mean, maybe we just continue to trend here Uh, but uh, that's what we're looking for in It should be the secondary scenario to be honest Uh, the the primary scenario is continuation to the downside They were we're looking for though a move down below this range Uh, capture sellers stop them out stop out the buyers capture sellers and then move move it back into the range in here Uh, let's see stan. Uh, can you explain delta? For svp sure Oh, here they come guys. So that uh, I I move my head away for a bit and we get a nice little nice little move Okay, so now let here's our range. I'm looking for them to to drive it here Back up through now. We're through the point of control as well here And now we're below it. You can see how how important these little areas are And uh, this is where we we look for battles to happen here. Um I'm I'm looking for buyers to support it again here though. This was this was good This was good buying it broke the range eye volume is back to where these guys Uh started to transact here. So I'm looking for these buyers to support it here again And we're not seeing much Okay, they're up on the bit a little bit here I want to see more liquidity up here and then the buying I want to see up here at 75 Okay, here's here's they're they're testing it. You can see that liquidity flashing a little bit in here No Okay, so anyway the scenario would be buyers up above 75 here Order book supporting it here comes the retest. Let's see if we get our support here In the order book and then back to top of the range 78 and 81 All right. All right buyers. Let's see it here. I don't like seeing this underneath. It's it's dark So others can whip it down to the bottom of here very very quickly Right here buyers. Let's see it. There they go Hey, I want to see them power through it though. I want to see 78 and then back to 81 up here All right, so For let's take a look at our higher time frame here and see what's going on So we were looking for that drive into the low of the other day here, which was last thursday or wednesday, i'm sorry and september 27th The test of that low and then down here in this bigger picture. We're looking for um Maybe below the low here and then as a trap and then to move back up And retest back up into the range in here Okay, the first test we're looking for is actually on this time frame here on the hourly Probably around 93 Okay Maybe even 94 basically maybe that looks better It would be to test back up to this area here the bottom of the previous I'm near the near the swing low here So, uh, let's see if we can get that. Let's see if we can get our some buying pressure that comes in here Okay, if not Boy, we're gonna have a nice trending day today Okay, if not that that's scenario number one Uh Is the move back into the range Uh scenario number two Uh is and I should reverse them But let's just say scenario number two is trend continuation And what what is that going to look like? All right, so well, let's take a look Okay, and uh I'm going to keep some of these drawings in here Uh I'm going to delete some of the others Yeah, this this is a trending Structure now. It's not sideways consolidation Yeah, I don't I really don't like that trend line. Um It's more like this is much better Again trend lines are our structural lines as well And we want to understand the order flow around the structure And here's our continuation move, right? So, uh, we're we're seeing the seller. Sorry guys We we we cover it and all this back and forth in here and then the nice easy move unfolds uh, it's kind of uh I just hate that when that happens. Um looking for continuation Uh sellers remain in control and we could have a really nice trending day today Okay, we're below or we're outside yesterday's range and also We're outside, uh last week's range In fact, let's just take a look at the weekly chart in here as well Okay, here it is and then this is the weekly uh swing that we were just talking about and it being tested All right, so on the weekly chart Well 42 18 looks pretty good. So that's 50 points away All right, so new new area to take a look at in terms of structure and who's in control Right here Sellers in control at this point here Okay, and pushed it through Okay, and and looking for trend continuation Um now, uh, let's let's add some more structure in here. Where is it too low in the auction? Okay, well, we're going to look at the structure to tell us Okay, so we're testing that and we're below it already Okay, so maybe we're just going to go exponential here in the move right Be like that Okay No reason to think otherwise that sellers that buyers are coming in yet That that opinion is now changing We do see buyers coming in now now, however, did they break this small structure in here? They broke this exponential trend line However, we are still here in this range in here They didn't break that Okay, we need to see them break that That would be at 70 Okay on high volume And then we're going to think differently, but we remain with the trend until we see the structure broken Okay, this this will be it's it's very testing Of traders like you look for that reversal and and you look for the the break in here and like, you know It's it's very tempting However, stick with the bigger trend It's it's so much easier All right guys. I'm sorry. Let me go back and check the the questions in here Anyway, we've been talking about structure and uh Uh order flow in within the structures here and what and what to look for when break for a break of the structure Uh, and if we start to go sideways in here, then we'll go into really really small structure We'll find it one way or another or we can even go to another uh Uh a dark trader welcome Yep, got you a spreadsheet and signed up for the book map academy junior academy Or you you applied for the junior academy Right. So see see how this is like, uh, it did not break our structure in here You're still you're still saying staying cell side until you until you see something Okay, so this bind in here gets scary, right? And you think oh god, I'm gonna get stopped out Stick with it until you see something else Okay, I think I'm caught up on the questions there except for maybe stand Uh, you wanted to see um the difference between uh bid and ask so there's a couple different ways stand Let me just duplicate the column Uh, and then we can uh split it out here You can split out the data if you want so here's buyer here's sellers. Here's buyers or you can look at delta Okay, and that's buy minus sell you can look at it split out as if you like I I haven't found that very helpful Um, but uh, I do find the composite helpful So for the svp session range volume profile Uh, this is uh, uh buy minus sell. So this over here is buy plus sell Okay, so it takes both of these here The the selling being a negative number the buying being a positive number And adds them together and this is what we get Right, so I hope that answers your questions. Um, and it also shows you in here. Uh, we went through, uh, froths, um He's a uh, uh bookmap junior academy member now, um And uh his trade activity, uh in one of the examples and he notes that areas like in the profile you can see who's in control Okay, look at this point up here And look at the all of this delta in here. Who's in control sellers no question right Now that's in the profile though, and this is aggregated data you have to note What this is showing here because volume profile isn't the end all of everything. It is just a method Uh, and it has it short shortcomings as well It is aggregated data on the horizontal In a profile form, okay, that's a bell shaped curve that you get and your standard deviations and all that kind of stuff Your, um, you know high volume nodes your low volume nodes, etc So limitation in here, uh, that uh, you know, okay, this is doing a pretty good job in this example Sellers took control, uh here Okay, I really like it here to be honest. I can see it on the uh on the vertical here as well as the horizontal Okay, here is where they took really took control of this market Right and then drove it lower. All right guys. So now Uh, let's take a look at this. Okay, we broke this smaller structure And it's on high volume Okay, looking for the top of this structure to test 69 Okay, 70 potentially and we might see now a pullback up here around 70 Back to back to uh, maybe 67 68 or so Uh, and then and then maybe continuation and we might break this trend line Okay, this is how this this is how to manage Uh, these moves here, okay So if you start to see like it within a smaller structure down here a new structure And the buyer is starting to come in like this You know, that's how you can you can look for well I might I might want to take some off or I might want to exit And I might want to look for that move back into the range Okay, that mean reversion type of activity Hey, you can also look for getting out Uh, and then getting back in For trend continuation Hey, but you don't have to sit through these things because you can look at the The structure and the order flow within that structure And now you don't want to over trade and you don't want to be shaken out of certain trades But you don't want to give profit back either So these these are the things to watch, uh, and and look for How to optimize your trading Okay, so look at look at this now see the second move in here. This is no different in here Then what we were looking at earlier And when this session started here Remember we started we started here with this consolidation break Strong volume pull back strong volume Okay, it even broke this here and then it really failed Broke the swing, but you can also see where the sellers came in in this area in here And we don't have much liquidity up there. Uh, it blazed right through it here here and here And then we see this this retest in here and the sellers starting to come in And we we noted earlier where the sellers really started to come in And and breaking point of control and breaking bottom of the range in here And this is very similar here Hey, we have our strong move and look at this even this move looks extremely similar to it It is on lower volume than previously And look where we came back and tested Okay, let's just take a look at Let's put this data. This is what again one of the limitations of volume profile Okay, uh, let's look at the point of control in here Okay, it's here I should probably not call it point of control, but Um for this range at least is the high volume node horizontal line Let's put it at 66 Gotta get out of that 66 Okay, and where's my line? Ah, okay, let's try that again 66 Okay All right, so it retested that point of control And uh, we found some bind Nothing great All right, we're gonna get something here look at the uh, um Hold on hold on Look at the uh Uh, I was gonna say the liquidity coming up at a higher level in here Uh, and then retesting this here we go All right buyers. I'm I'm looking to see if you can you can break this 70 Uh, and then make it back up into about here Uh, 73 Uh, and then maybe we can get a nice big, uh, juicy trade back into like 78 or uh Let's zoom out a little bit 70 let's just say 77 that would be previous day or previous weeks low Okay, so looking for now those those buyers to come in now All right, so let let's look for it. We see the skew in the order book Okay, underneath see and I'm bidding up Okay, and it's it's a little it's it's hard read at the moment Because we're not getting those buyers. It's a battle back and forth between buyers and sellers We want to see clarity in here. We don't want to see red dots in here I'm going to see the reaction to this liquidity uh as as uh It repels the sellers and we find buyers We also look for absorption in here like here. Maybe they absorb and then we get buyers out out of that absorption Look at buyers absorbed here and here Okay, great. Now now we we've got it now buyers if they can get just a little bit above here We've also got a nice trap These are sellers that are going to be trapped and we can get the move up into our 72 73 Okay, looking for it. Let's see if we can get these buyers up here at 69 and a quarter 69 and a half Uh order book is skewed a little bit, but I I'd still like to see them underneath here supporting it more Okay, we might get a retest back up here. Let's see Or it might be this is where we covered this yesterday. It can be tricky about who's trapped Okay, we're looking at these sellers in here Uh and now even potentially these sellers in here Okay, uh also here, but uh, what about buyers? Where are they? Okay, and how will they be trapped? Let's look at the this buying in here and in here And in here and they're trapped Right, so we're gonna we're gonna watch this closely in here because we don't really quite know right now If the buyers came in here would have been really clear and we'd look for it right Now it's it's becoming a little harder read here A lot harder Let's see if we if we can still get our buyers up here though. I'm still looking for the breakout All right, they're supporting it underneath here as well trying to get it to break out They got a lot of sellers on the hook in here Okay, we got a stop run already, but I'm looking for a much bigger stop run now and a move up into 73 Okay pull back Low volume pull back Okay, let's see if we can get our buyers back up here again not until we get buyers back up here It is more trap selling in here potentially It's also more trap buyers in here. This why it's not it We don't have the clarity yet losing we don't have the clarity who's in control of this move in here And that's what we're looking for Okay, it looks like sellers are getting is becoming clearer now All right, if we get our sellers down here, we should get a really nice move now to the downside Okay, so we're we're in in here like kind of starting to look like some sort of painting or something Some geometric artwork or something but Anyway, the The here here the sellers really moving it Okay, these are the buyers the buyers in here in the ovals are on the hook looking for sellers to try to move it now And it should be a nice move. It should be a really really strong nice move away from This whole area in here. That's what we're looking for Okay sellers hit the bid hard here 62 60 down to maybe 60 looks good 55 52 in the figure. I don't see much liquidity here It's more at 52 and a half or so T3 The buying is they're they're still battling here There's quite a bit of buying in here. I'm very surprised the sellers weren't able to move it here And we're going now now we're going to get our move here. Let's let's see here Some strong selling coming in it looks like they're they're all poised to move this. Let's let's see I mean we see the strong we see the strong selling in here, right? That's the poise The problem is again the fight Strong selling followed by strong buying, right? That's the lack of clarity in here right now It's still the same as in this area up here You know, I thought we had them on the hook here sellers coming in and moving it They may still right so they may still we're just lacking this clarity in here Looking good right here. We're going to use the rectangle And then the oval for the buying rectangle for selling oval for buying it's equal. So We're still still looking to see who's going to really take control here I'm still going with sellers here. We've got a lot of buying in this area here and They're they're just going to have to wash out quickly Okay, but that's just opinion really at this point Trying to get clarity here and we made a low or low The the market pulse widgets. Yeah, John. Let's let's turn those on because I wanted to to go through that Trading for a living. This is very typical of you know, even on the most when when the God even back in like 2007 2008, you know when the the financial crisis Or 2008 When and price is dropping like, you know hundreds of points The the pullbacks are super hard and super sharp And it's not easy So every time there's a lower low, you'll see these buyers come back in and move it back up So we're trying to try to you know go with the trend here And again, you know market makers and other players that have to take the other side of the trade They're you know, they have a lot of buying power and selling power. So you you'll get these moves back up and they can be you know horrendous So what we're trying to go with the overall though and I'm still sell side here basically looking for the flush through now More than ever now. Let's see it. They they can they can do it here um And this is another reason why um Trading for a living like we we covered the trap trap volume Okay, look for the traps and look for these small moves Uh, so like these sellers down here that that's sold down here. Watch these buyers like squeeze them Back up to the top of the range here This is this is a little different in here. This is not really necessarily squeezing This is uh, this is a battle back and forth All right, so here's the squeeze we were just talking about right anyone that sold in here I mean, we're not making this stuff up. Look you can see where the sellers came in here Right at this level look where the buyers are squeezing them above and look for our stop run down here We're up into here All right, I'm gonna clear the drawings guys are starting to Bug me And let's see No, no the the delta stan, um the over here, um, so let me let me maybe the confusion is here the current order book here is showing you liquidity Okay, these are volume columns that are showing you transactions. Okay. These are volume profile columns This one's liquidity though. This is showing you limit buy and limit sell orders and these here are showing you the Transactions by the aggressor the market buy and sell transactions Uh, there are some there's a new option in here if you if and this was uh requested by very very high-end professional trader The cob column you can right click in here and go to configure uh, and um He wanted to see it as a percentage of visibility here Okay, and what that means is like right now from up here this very top of the range or you know viewable range in here down to here Would be this is a hundred percent of the order book and then now show it as a percentage Okay, so four percent right here is is it's very similar to this four five five percent is the most five point six down here This is where the most liquidity is Okay in percentage now once I zoom in it's going to be different right and you can see seven percent now Up here right so it readjusted to this range in here Okay, so that's where the most of the liquidity is maybe play around with this view. Maybe you like it All right looking for sellers to try to push it through right here into 62 and more Uh, again looking for these guys these buyers in here to be trapped and looking for the sellers To move it down and that's the move where we were tending toward anyway was the move down Okay, and and now we're looking for them to squeeze anyone in here that bought That's what we're looking for And we should get a stop run And there we go Okay, so there's a move into 62 still looking for more here. I think there's a lot more room to run here Uh, but I would take some off here. I'll tell you that Okay, because uh, this is what it's been doing is like stand or trading for living is talking about We get these moves into it a lower low and then a squeeze a lower low and then a squeeze It's still trending though to the downside I'm just looking for a bigger move now and a flush through due to all of this buying in here. That that's the reason Okay, and you can see why these structures work in here You know, we have a trend line here. We have a diagonal structure in here that is is holding right now Okay, so it makes that new low um You know trading for living and then here's the squeeze makes that new low and then here's the squeeze At one point we're going to get this the you're not going to get that squeeze You're not going to get that uh, you're going to get a capitulation by that buy side um It it may happen A lot of times it happens. I should say Okay, so look look here's the squeeze right here right above here at 65 looking for a move right back up to Uh, 67 and a half Okay on a squeeze on a squeeze. I'm not it's not high probability whatsoever Okay, I'm sorry guys. I can't I have to say that like because I don't see other Factors in here supporting that idea that move Okay, so yeah, I don't know if it's going to come up here or not But if we get the buyers and we get the squeeze, that's where I would be looking for it to come And so uh, we it depends on like the order book in here or uh, you know where the the trap sellers are And it depends on a lot of factors Okay, now when we have a lot of those elements For that support the idea that's when is it is higher probability for it to work out James you're looking for a much bigger squeeze that may happen. Um, you know, it it like way back up into 4300 maybe Uh, let's let's take a look at our higher timeframe in here um We may uh, you know, this to me looks like it's it's trending I would look for more the move back down to 24 Uh, somewhere around in here on the daily or this is even the weekly This is the weekly. Let's look at the daily um Yeah, we're outside of the weekly range and everything. So I I'm looking for a trending move today Uh in continuation Uh, it's already moved quite a bit uh, and uh See 4300 is back up into here somewhere Maybe It I I don't know. I'm I'm looking for Look at the look at the volume on this move here and look at the volume in here on the 15 minute chart Like yeah, to me it looks more likely for trend continuation All right, so, um or what is worth, but uh, yeah, I wouldn't you know See the see the size of the of the buying coming in Uh, maybe we'll get a move back up into you know, uh, this looks pretty good up in here It looks really good. All right. That was our 77 level Uh, that was the low of uh, and let's mark it up. That was the low of uh last wednesday Okay, well, you'll you'll see like you know, the buyers just completely come in and power it through And this this might be it This might be it here. Okay, so we're we're testing that trend line We're seeing tons of buying we're seeing the the order book in here support it as well Uh, we haven't broken the structure yet. Okay. It's just testing the structure up here Okay, let's see if we get it here if we do then i'm looking for buyers to trade here on up to about here 69 Okay, through that liquidity they'll they'll take it on and and trade right through it Okay, and then up here also the our 70 level uh, and then the the ultimate move would be uh Oh in the shorter time frame would be up here at 77 I'm still staying, you know, I On this structure. We do not see it broken yet. It's going to be tested though by these buyers And we're going to see if they can follow through or not Yeah, see this guy pulling that liquidity in here. Let's see see how sellers react to it Now here we go. I'm looking for seller. Yeah, there we go down to here. That's the first stop Now see this is where that cluster of buying came in somewhere around in here 65 Can sellers trade it through there? Okay, or our buyer is going to support it here at 65 Okay, we're getting an answer so far They are supporting it Okay, so now we got to see big buying in here now. We're looking for the move back to the top of the range If they can press through I'm looking for it here. Let's see it like I'm I I'm going to go with these buyers or not Well, they got to break the structure. All right, let me uh, let me try to simplify this More like it always I always kind of go deeper and deeper into it and more subtlety in here And I want to get back to Steve Steven and Simplify things in here And it's in trading. It's so hard to Make something kind of clearer Uh, this is why you have to back test it and study it Uh, and so it's clear for you Uh, and uh, once you have that those are that's your edge Okay, so identifying like all these different things on the chart That's a good step as a first first step to identify and know these elements on the chart and in the order flow Then start putting it together Uh into a plan. So let's just talk about a plan in here Um, let's let's talk about maybe let's this this structure in here Okay, so we'll we'll this we'll we'll end it with this structure in here Um, and then uh go through scenarios in here. All right, so uh exhaustion up here Okay, I see a bit of selling down here I know buyers are in control here at this kind of 65 level in here somewhere around in here Okay, and it's so far it's holding Okay, so now do we get our buyers back up in here? Yeah, now they're testing it. Do they have it on power? There's our stop run Okay Or is it going to reject up here and then sellers come back in and then trade through all right, so It's rejecting it's back in the range Okay, so what to look for look for uh Either support here Or selling aggressors trading it through that area and the bottom of the range if they can we can even drop further So the setup would be to look for at here We need to see um Be great to see a flip of the order book This liquidity up here at a lower level and see big red dots here Okay Then it is Most likely more likely to trade to 65. This is where you'd be getting in somewhere around in here Maybe maybe or maybe not depending on the size of the uh trading in here Uh, you can take some off at the bottom of the range or liquidity And then looking for the continuation Right now the opposite scenario is what's playing out Okay, the bounce off of here the lack of liquidity. I'm sorry not too much support uh, and um In the order book there's starting to support it now Okay, and we do have strong strong volume here Okay, beautiful stop run Okay, low volume pullback I don't see sellers yet Okay, so That we were on pause here due to this this possible scenario here. Okay. Now we're back down here Now do we see our volume dots big red dots? No not yet So buyers are still supporting this so far Okay sellers coming down on the offer in here That's good Do we see buyers back up in here? A little bit Okay, so again, we're looking at the the break of this range in here and now what we're we were looking for The potential move lower It it broke and accepted higher Okay, so this is the potential new range in here. So anyway, we missed it Okay, we missed this That's fine We're looking for this here is best And i'm using steven as an example in here It is best To do look for both scenarios And that that can be tricky When when first starting here? Okay, but you're prepared for at least 50 of them possibilities And you know how to act now I I still like all all day long, you know, we were looking for continuation and continuation and continuation And it's been tricky With the order flow in these areas up in here. We just haven't gotten much clarity from the order book A lot of times and these these buyers have been fickle or sellers have been fickle in specific areas So we're still looking for there's potential for this scenario is to still still unfold down here at 67 Okay, now let's let's go through and and What does it look like on the opposite scenario? So we know what this one looks like right? We covered it We know we know what we're looking for down here and Let's see. Actually, let's see if we can get it here. Now the opposite scenario is um the uh Exhaustion down here supporting the order book on the bid We get buyers coming in and then we're looking for the buyers to trade back up to here Well, let me try to Outline it. Okay, so this area Okay, and then we're looking for buyers up in here Okay, and then we're looking for this move to unfold All right, we'd be looking for support in the order book. I know I know it's dropping Uh, I I I have to show this on the other side Okay, we'd be looking for that support in the order book uh here Right pushing it and then polling like this the poll looks good Uh, but uh, we didn't have any buyers in this area here All right, so this is the scenario that is starting to play out and look pretty look pretty good to me in here Uh, we didn't have the order book though, but we had we have a lot of traps Uh, and then they're starting to push through it in here. I'm looking for for it to go lower Okay, so we missed it here. We would have captured it here Okay, and uh, it it traded down to look where it went this swing here right Uh, let's see. Do we get a continuation now? All right, so this would be the continuation move is what we're looking for now, Stephen Is this too much? like, you know to to Look for just these a few things in here at these critical levels okay, so uh No, okay, that's good to hear if that's confusing then I'm trying to simplify this here, right? So, uh, low volume pullback. Yeah Kind of not really I don't know about that like You know on the on these on this volume in here We we're looking for very very few buy buyers in here to trade back up to retest this area here and this isn't really Convincing so it's not surprising that we're getting another retest back up here Hey, so now down here. Are you hoping and praying for that the that move through? Maybe I mean Uh, you you might be because you know, you know, there's even more more trapped here if they can get down below it But again, like this is why this is how to kind of reduce risk along the way I would say Stephen, um, I would recommend and I recommended this to alan and others over the years Build confidence So start with a trade that is looking really probable and only take Only take those and master it Get it all in and get all out. Don't worry about managing the trade Uh, right now. It's all in or all out Okay, and then managing the trade in terms of scaling This is gonna come complicate things much more and we want to avoid complication Okay, so high probability If it's got to work now Okay, we're going through a scenario and it has to work now like this one here It has to work now Well, we didn't get it buyers came in and supported it or they did up here at least Uh, and we didn't get our sellers here We would have we were looking for it and we didn't get it. Okay. We were prepared for it though We were prepared for it here and we got it Okay, where did it go bottom of the range here take some off all out. No, just get all out Look for the next one and build confidence Hey, once you can get this you you might even call it your trading career right there Do this a few times you every day and um, you know, you'll have some losers Every now and then but you should overall be profitable Hey, you have to be you have to really Be an expert at exactly what you're looking for Okay, then you can start scaling then you can consider other setups Etc But right now Just build confidence one one trade And and get really good at it Okay, so, uh, it can be on whatever time frame you like I would really highly recommend This is a known thing in the industry. This is why bookmap is really helpful for scalpers Take as many of these trades as you can Get good at them The more trades that you take Um, the better you're going to get really quickly and then look at higher time frames Okay Reduce your risk Take the stop loss at break even or plus one or minus one or two whatever Protect yourself if it doesn't work out and you see that it is not working out You can also just get out of the trade at that time You don't have to take a stop loss You can be like a partial partial profit If it turns in and maybe you got in You got out too early and you didn't let it work out though And that's something to look at Okay, so, uh Then study it at that point At least you've managed the um the risk Okay, so here Makes us look pretty good that we we got let's say we got all out here Well here you're you're you're thinking oh, that's that was a bad idea like it's going to come down to you know 60 and and 50 etc Well, actually now it makes you look like a genius. I got out here. Yeah, okay. I could have got another point out of it here uh, but uh Look at it now If you held this now you'd be stopped out at break even Okay, and yeah, you know you got it and you gave it a chance to run Um But you're just looking for a first, uh target So build confidence and get out It should work right away and then and then look for the next one This is a a great way to uh, uh, you know get get into your trading Uh, and then steven you won't have to drive your yourself nuts with, uh, you know It's too high. It's too low. It's it's you know another point Of analysis to take a look at Let me get back to some other questions in here guys on youtube and also on discord Okay discord. I'm good trendy days are available to be your worst. Yeah. I mean, um Uh kenji like uh, it can be really testing though, but just try to stay with the trend within the structure I mean, this is inevitable and then everyone kind of gives up Uh, and then uh, you know, it's like, oh, this is just too difficult I've been stopped out like five times and like it's an easy trending day Uh, and uh, yeah, it it can be a challenge. I I can get it, but you know, I get that but Uh, you know looking for the that trending day Uh, is what we want and you want to stick with it as long as you can Uh, that that's that said, um To keep things simple Like take that idea like let's just let's let's put it this way take this idea of this trade here And get good at it or whatever trade it is. That's really simple You see the order flow supporting the idea in the scenario Uh, and then uh, uh now you can look at other I would suggest looking at other time frames Uh, and then looking for the same thing though Okay, so get good at it on the low time frame take it as many times as you can You can do it in demo or sim. Uh, and then you can you can do it with micros Uh, so you're you're you're getting really good at it, but you have your your your skin is in the game Okay Then look at other time frames. So where are sellers in control on this? You know this time frame Well, we noted it. I mean my god. They're actually way up here with the data point at, uh Joel's job openings Okay, and look look at this move back up above here It it it came up. It looks pretty good It failed Okay, sellers still still are in control in this whole move in here All of this back and forth and reading this and reading that and everything like on this time frame here easy You're in the trade Up in here. You're in the trade Now you're gonna get tested and And uh, you know, you're gonna give away like tens or 20, you know tens of points basically Potentially And that's hard to do Uh, the worst thing though and and this is why I I recommend, you know The lower time frames and scalping Because you get really good at it and then you're looking for the same Basically the same things on higher time frames All right, so But you know now you know what you're looking for on the higher time frame And and these kinds of moves in here Um, you you'll you'll know how to respond to them better It can be very challenging That you're like, oh god, I why didn't I take profit down here? Like, you know It went another like 15 points against me or or something like that right, so um Anyway, uh Yeah, just uh You can start to trade those other time frames or at least start to look at the same concepts on other time frames Yeah, kenji on the mean reversion trades, then I would really recommend that you look for that trap volume Uh, look for your setups high liquidity getting filled Uh, you know on on the uh on the bid for example in here, uh, and then you're looking for where where the The trap is helpful because This will really fuel the move Right, it's not all of the move. It's just fueling helping fuel that move Uh, and we want that on our side. So this is where we can see the trap Right, look at the sellers or look at them down here on a smaller time frame. See see them here Okay, watch these buyers squeeze them right now up to here or up to here Okay, right here So, uh, uh, you know, they just bought lower lows in here and watch them watch them pay for it Okay, so anyway like on those mean reversion trades start to look at some of those ideas in here Let's see it now. See we we're still trending here Okay, now watch this though that we have even more sellers here. So watch it above here Okay, watch it above 60 Okay, if that scenario unfolds and you start to see that volume really pick up your mean reversion trades going to look great No, look look for maybe uh 68. I would look for this one first Uh in here around 65 In uh, you know, even even in here 63 before you get into it, uh, that you're probably your first test is going to be up there Okay, so you have reasons for your test now watch it watch it here. They look for that squeeze Back up above. We got these guys on the hook. Look for these good hooks if If uh If you can catch every move, perhaps, uh, you should enlighten us one day with a presentation Yeah, yeah, it's um Boy, slow down. I mean, uh, I know you're responding to um Uh kenji uh here, um I I hope that I'm not coming across that, you know, oh, yeah, you can catch this move you can catch that move I'm looking for something specific in here. I'm and I'm looking for that squeeze Uh idea in here and that's an idea then that can be worked into your trading Right, so if it's a mean reversion trade like, you know, you maybe you have specific criteria you're looking for first Uh, and I'm trying to cover as many different examples or or Elements in here that can add to that idea In here Right, so, uh, I'm looking for these sellers to be on the hook and I'm looking for a squeeze here and the move back up into liquidity and and and ranges Ah, okay, um Hey, yeah kenji. Hey, uh, I think you're in the academy, right? Uh, well, we can open the mic for you If you like, uh, let me get back to youtube here All right guys, and I keep talking about this academy thing Let me let me show you what this is this bookmap academy If you guys are interested I mean here here's our idea for that squeeze and it just didn't happen We were looking for that buying up here. We got some Okay, but uh the sellers came in And they came in here and they they these are the the buyers getting squeezed and we can look for that stop run here Again, I'm not trying to explain every move in here Or I'm not trying to say that you can catch every move in here The idea of this move is What unfolded is easier now in hindsight But we can also look for the scenarios and pre prepared for them now Instead of the squeeze being it's more or less the same area. So 59 and a quarter Okay, if I see buyers back up here, I'm looking for a nice healthy squeeze now really good one Okay, much better than before because we we have a lot fewer buyers in here For the squeeze lower of a lot few sellers in here for the squeeze lower Okay, now I'm looking for a nice healthy squeeze if We can get the buyers up here Okay, so there's even more fuel in here now This is a good one and believe me You know, there there are traders looking for that And we're one of them You know, that's why you get these people buying the lower low or selling the lower lows and getting squeezed immediately Hey, I mean, there's all sorts of players in here to provide the liquidity down here Have to take the other side of the trade or whatever it might be uh, and and you know That's why you see these these Reversal moves even on them even the most volatile times of Of trading Like I said, I god, I was I was trading them a mini Dow. I think And I I this was back in 2008 and when I first started to trade And It went 1,000 points one direction and 800 points the the opposite direction Okay, and then a thousand points again down It was amazing But the the pullbacks were were extreme Okay, so Anyway, look look again. I'm still looking for like I haven't not seen a really nice squeeze But I'm looking for it here still up to here at 62 Uh, and maybe uh, yeah at 63. I guess As well to test these sellers up here See how you can read that? Okay, we read it a little a little late We kind of got it here when we saw it again here. We're still looking for it Right, so and I would take some profit up here All right, now maybe maybe you wouldn't do that Kenji you're looking for your bigger mean reversion trade. That's fine You know hold it then Uh, just reduce your risk All right All right, again, this has been about structure, uh and order flow within it Uh trying to understand all sorts of different elements in here. Uh, and uh That's what we've been we've been covering Uh and that the bookmap academy again, I left off there So you guys are interested here's where to sign up Go to uh this page here. I'll put it into the chat for you You'll just need to scroll down here read read through it. Um what we offer in here And uh, let me know if you have any questions, uh, but uh sign up for it here And once you sign up you're gonna get an email that tells you to go to our discord channel Hey, and then in our discord channel in here Uh, well right now i'm in the all markets, uh bruce, uh chat room But you'll need to to find the chat room for academy applicants here Uh, and then click on that and request as you can see Uh, who usually sends the spreadsheet or they request the spreadsheet in here Right, uh, and then uh, you got to request it because I we need you in discord. This is our hub For I need you to sign up and then you know, uh partake in the program So we've got your email, but then I need you in discord if so you need to have a discord Account or username it's free Uh, and then our discord channel is free, uh, but this is where we're gonna communicate. That's why I need you in here Okay, so that's uh, that's the bookmap academy Uh and uh sign up Right, there's a trade review that we went through Uh, and uh, we can uh Oh heck do I am I late for another meeting? I think I might have to go No, I think I'm good. All right. Um, anyway, we got it. We got to end up here. Anyway, uh, tom b is already gone Uh, and I hate to inch into his time so Anyway, um Yeah, I put that into the chat Guys like some feedback from you. Um, you know, is this is this making sense like what like I think it's it's it's more to Steven Uh, because I'm using him as an example. Um, uh, he's he's working really hard. Uh, and he's doing he's doing great work I just think that it is opening up this floodgate of analysis and What we can help with Is more focus Uh on things that are more important Uh, and all of this analysis this person saying that that person saying this So find something just one thing one simple thing that resonates with you Uh in a setup Uh, now we're gonna have setups here shortly. Um in in book map as well like a course on setups and very specific Uh, but uh, uh, you know like flag patterns or you know, uh, whatever it might be um But understanding the order flow with it within it Right now like we're kind of glossing over that looking for specific order flow that may fit a flag pattern Like this is this is kind of like a you know or head and shoulders pattern Like this might be a turn into a head and shoulders pattern and kenji. This might be your mean reversion trade Look at we see support up underneath here Uh at 60. Okay. I see buyers coming in top of the range Good, you know, like all right. Well, then they need to come up. We need to see these buyers come up um And uh, uh trade up into uh, your your first kind of high volume node, which is 65 Yeah Yeah, slow down. I love this. I love your work in here. Um It's just uh excellent. Um Uh Taking them uh this from wyckoff in here And and a wyckoff spring for example, I know you've been looking at this spring again and again It's a what's what I like so much about this pattern in the spring uh is the um Here's your trend. Here's all the back and forth. These are the traps This is the spring the spring is actually the trap Uh beautiful just beautiful right here Target bottom of the range Looking for still looking for continuation Uh and uh, maybe, you know, uh these lower areas in here Yeah This is very very clear very very clean Low volume node Holding You know, so this is this is the trap Uh, and then this is where the sellers take control Exactly what we're talking about and look at the order flow in here too move up sellers move up No buyers Or not many there's obviously there's buyers in here, but this is delta here And uh here we can zoom in a little bit Um and look at it Okay In the delta there's going to be buying up here, but there's more selling than buying Is what we're showing here in book map and look at again selling down here into here This is looking good to break this and continue and at least trade Well, you know down to maybe where there's liquidity or or or structure again here here Or here Okay, in this case it's trend continuation of a bigger move. So this move makes sense It to power through that. I think we were talking about point of control being somewhere around in here Something like that And we see them power through it and we even see retest back to it here So this is where they keep it simple But then continue to look for some of these ideas of why is it, you know You know, who's reacting at certain levels? To to help give you insight All right guys, we covered a lot of different things in here good stuff, uh, it's uh a trending day still And uh, even though we see some a lot of buying pressure starting to come in here Hey, we might get a mean reversion trade It can trade all the way back up to 70 here and still be In a downtrend You can even You even have it come back to our 77 level and kind of curl over And and continue to the downside The easier look Is a continuation here. It's outside of the range On the daily and the weekly And we see more selling still So still looking for continuation All right, I'll leave you that. Uh, I'll leave you with that everybody. Uh, and uh, we will connect Friday right so tomorrow's jay trader and stocks at this 10 o'clock hour east coast time and then on, um Uh on thursday, we have scoppuccini with futures Okay, all right. Yeah, thanks debora. Uh, thanks everybody See Anonymous, I hope I'm helping you. Um anonymous trader hired to be taken. There's no way we can know whether Other traders would have taken now we're looking for that's why we're just going through these scenarios And what it looks like when they start to take control that just just like um, uh, what uh slowdown had did He's he knows what he's looking for obviously is in hindsight in that image, but you would have seen that Big red dot or purple dot in his case. You would have seen it in real time And that's what you're looking for in the end of in the beginning of that scenario now it might not work But he's looked at it and he studied it and this is exactly what he's looking for And he's taking it now probably hundreds of times It's exactly what he's looking for If it doesn't work out fine Take the stop Small stop look for it again And then uh, and then he nails it And then how he's he's he's uh, he's in in the positive for the day All right, I hope that helps. Um anonymous trader uh really, um trying to Simplify things here. Uh, so you know what you're looking for Uh, yeah, that's a good question for slowdown there about Wycoff. I'll let him answer that Um And uh, anyway guys, uh, we'll wrap it up. Thanks for coming everybody and we'll catch up with you next Or this friday. Okay. Yep. Take care. Bye. Bye