 Good morning traders Can you hear me and? See my screen if you could just in the Hashtag advanced webinar room just type yes. I believe everything is good All right. Thank you. Thank you guys Okay, excellent. All right, let's uh Let's get started. So this is the advanced webinar. We do this every day here in every weekday in Discord now And we've been doing it and we've been testing it and we like it seems like everyone else likes it So we're going to continue on offering the advanced education in here and It's a very nice offering what what you're getting here is well When you subscribe to book map you get access to the educational course. That's online That that course is four parts It starts with basic market mechanics, which is essential to understand what makes the market move, etc part two is about Structure starting to understand market structure based on those market mechanics part three is about strategies and Setups and part four is about additional confluences and correlations. So it's pretty Complete educational course But then we have these follow-up webinars these live webinars What we do is go through that same course content, but in the live market So it's all based on this foundation of understanding binary moves in the market and then extrapolating that out into bigger and bigger time frames and and then applying now order flow reading to it so These webinars will go through and it's all forward-looking We will read the current market and we'll give insight to where we think price is going to move next. It is not hindsight education So you can really apply what you've learned from that course and then we have The live trading two days a week With Scott Pulsini a futures trader and J trader a stocks trader Wednesdays and Thursdays. So the idea here above behind our education is So that you have very complete robust education You have the course Learn how to read and apply it in the live market and then learn from a few other traders what their setups are Okay, so you have that foundation from book map and then you have the other traders In addition now we have Tom be Streaming here in book map as well. Now. He's going to be doing it You know every day And you you'll see the room right right in here right where we are in the voice channel It's called traders lab with Tom B. You can see it there And he will likely be in when this webinar ends You know sometime this afternoon. He was there last couple a couple of days last week Thursday and Friday And you guys can learn a lot from Tom. Okay, he's he's got a nice Advantage here compared to these advanced webinars is he can pop in and out all day long When so when something is good is happening or setting up he can cover it these Advanced webinars here. We have a time constraint. We have an hour to an hour and a half every day And that's it. So if we you know, we'll look at very small time frames if nothing is setting up And we'll also jump into much higher time frames if You know something is setting up, but basically if it is setting up that's kind of the the difference here. So anyway one one more thing Tom had mentioned this to me as well as we've had issues with this in this advanced webinar room or in Tom's streaming room you'll you'll see that well You basically can access the live streaming of the desktop now the The problem is though that discord only offers 50 Slots to that live streaming So Sam set up here. You can see it says stream one And it's just below my name there and it says live there So if if we reach that 50 max and you can't see my screen You'll see the rebroadcast of it in stream one. Okay, so that's the way we set it up here for now So you should be able to have access to it. Anyone will have access to the voice channel, but the live streaming visual of the desktop that that will be You'll need to either access my screen or the stream one screen Now just to go through it quickly Once you click on the streaming there You know, it'll start to show the desktop or you know my screen if you want to access the Chat as well, which I think is a really good idea so you can ask questions or have discussions back and forth The way to do it is to in a you'll see in the live stream in the bottom right hand corner There's a button there to pop out the live stream into a different window a new window And that's what you do pop it out into a new window then you can go into the hashtag advanced webinar Textroom and you can ask questions etc in there. That's the way to do it And we'll try to come up with a video or something there that will describe that so There are some some some users that were asking about that. All right, so anyway, I just want to go through it here Now, let's let's go through the live analysis. Let's jump in here and get into the markets. We've seen some pretty big Big moves and we got some volatility here Let's go through the disclosures. So you guys know what you're getting involved with here The general disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment Advice nor recommendations. The 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, so let's jump in and take a look at what's going on in here And then we're going to start with the higher time frame And and take a look now look at the boy. This is unbelievable Look at the number of icebergs. Now. I opened my book map just around eight o'clock or just after eight o'clock It starts at zero here. We're already up at a 9400 almost almost 10,000 So we already see an extreme amount of icebergs They're absorbing on the way down there where they're getting filled on the way down It's going against them, but they are getting filled on the way down. Okay, especially here Right in this little area here Before this is the blue line here when you can see it kind of spike here right into this area of 4,300 Okay, so pretty pretty important area here for today We're probably gonna see a lot of action around this 4,300 Today, all right now you can see people getting stopped out all the way down as well And we're just looking at book map here and going over some bigger picture stuff High liquidity getting here at 4,350 also down in in this kind of 4,330 4,3 what is this 20 or so 10 and then also the figure here 4,300. Okay, so Kind of looking for we're gonna go through our scenarios here But we just first want to note these areas look at the amount of traders getting filled in here These are larger players. Okay, they're parking the orders. They're getting filled here So due to this we're gonna start to look for a couple scenarios here And one of them is gonna be buyers starting to come in and lifting it back up above 4,300 Okay, or at least a retest to it for right now and that might be unfolding at the moment Okay, we'll see But we're gonna start off with the bigger picture Okay, so we're gonna look at the daily and hourly and then also a 15-minute chart here. Okay. Now. Here's our daily and We talked about this area here. We've been talking about it for Weeks now a couple weeks We saw beautiful bounces up out of this area here and now We're this was the kind of box or this area here where we had buying wicks Previously the the sellers have cut through it now. Okay, so we In fact, we were looking for a retest back up to the top of this box I think it was on on Friday, right and Friday morning and and played out beautifully. Okay, we're looking for that scenario and And we got it Now you can see the continuation though With the sellers now look where they are though and let's just make this a bit bigger here Okay, they're down with these previous wicks are Okay, so looking to see if we can maybe break and let me get a few more bars in here Yeah, I'm really I think we're gonna find some buyers down here We're gonna find certainly we're gonna find some sellers covering In this area here, maybe we can drop a little bit below it here And then I'm looking for some buyers to come in All right, and and where they might move it here. Well an easy move would be up up here Right into this kind of area here just for starters. That would be about 43 15 Okay, and then maybe even up here around 4400. Okay, and we got some big moves here. All right, so Anyway, we'd be looking at some Areas in here where there's previous buying we already know are there and we're already starting to see some buying coming in You can see the wick already. All right, so we're gonna be looking for this It's gonna be a really critical area in here We might get one more push down below it and then a snap back up into it and then back up We'll be on the lookout for it. Let's take a look at the hourly And see what's going on. You can see we just opened down here. We have a gap So here's another reason to think, you know, maybe a gap fill back up here another level 43 85 All right, 15 15 minute. Yep. Same idea here gap fill What about swing high as well 43 40? Hey, these are all areas. We're interested in On the higher time frame if we get our buyers starting to move price back into these areas And it's already starting to set up pretty nicely here. So we can see the Liquidity getting filled all the way down here. Okay, so let's let's mark up some areas in here On that scenario for the for retests. Okay, first off 4,300. Okay, so that's that's an easy one The 4,315 somewhere around here. That's also a really nice one here Look at the structure in the market here What I mean by structure is the back and forth in here and then the break now look at the break Retest back to it break again retest one more time to it here Okay, so we're going to mark that area up as well. And then here's our 43 30 40 right up here. Okay, again structure move down sideways consolidation a break of that consolidation a Retest to it up here. So somewhere around in here. Maybe 38 36 something like that And then what else did we say we the gap fill was 43 85? I believe right? Let's just zoom out some more Up in here. Yeah, that's about right. Okay And then we have 4,400 the figure up there, right? So anyway, some some lines to just Take a look at or consider for our Areas for retesting Now we're you know, obviously we're still in a downtrend here We've already got the retest back to where we just broke from here as you guys can see and We're we're still finding some selling pressure in here. Okay So let's get a maybe a retest back into 4260 and maybe 4250 the figure down below here All right, so these are some of the areas on the downside. We're looking at And yeah, we have 4,200 as well. There's liquidity down here. All right, so we're just kind of marking up some areas and Want to be looking for The order flow around some of those areas here and then we're gonna go through our different scenarios now Well, once we hit some of these areas in here, then we can really read the order flow. Good morning, David Good morning, Alan Fabio Everyone else in here Sam Doug AP So welcome to the webinar here so the Anyway, yeah, these are some of the some of the Areas we're kind of keen on looking at the order flow here and let's start to you know jump in here and take a quick closer look at What's going on here? Okay, so We didn't quite get down yet to 40 This liquidity here at 4260 we have some buying trying to come in here But this is what we look for In terms of market structure What's really important to understand in market structure is if it breaks or not see how it didn't break it yet Okay, and what we're talking about is around this 4275. Okay, so now buyers are gonna try to break it Okay, and it failed so far Hey, they're still trying here. Let's mark it up. All right now. They're starting to break it Okay, so let's see if this is gonna be a false breakout or not And if we come back into the range here, probably well right about where we are Maybe a little bit lower. Maybe down here around this 4268 okay, and this liquidity down here is what we're kind of looking for Yeah, here they come All right, so this is the first area to test here is 4268 And now see there how they're pulling that liquidity. See how they just flip the order book as well They pulled added on the bid on the offer at 71 here Okay, so that's a nice little trap. Let's look at they they're even offering lower now We're getting a battle here. That's starting to shape up. They offered lower the buyers took them on here Okay, so the buyers actually went for it here So what now if we're coming back up here this false breakout might become a Real breakout here. Okay. Why why do we think that now? Why why is that higher probability? It's because of this activity right here Okay, this is where book map You can can really help you you see that high liquidity. They offered lower and buyers took them on Okay, so I'm looking to see if we see even more buyers on the bid here And then more buyers of green dots here lifting the offer up into our 80 level Okay, right up here the swings up here. Maybe they can get back up into 85 42 85 or maybe 90 or 92 up here And we're watching Looking pretty good buyers are still coming in. So let's see them take on 80 here looking for it. There we go Okay, 80s transacting still looking for them to take this higher here Okay, maybe we'll get a pullback to 75. We've already gotten a pullback to 75 Here Maybe we might get another one here. Let's let's take a look All right, so yeah, this is this is strong more buyers coming in so night 85 is the next level here Okay, and we're above getting up to these swings here. So looking for a 90 or 92 level here Okay, now how to take advantage of this Right, we're going through the reading pretty quickly Good morning, Alan. Yeah The You know, we I want to go through a couple different scenarios in here for trade management Okay, now these aren't recommendations. It's just considerations So that you have an idea how to take advantage of of this kind of order flow here because we're seeing some good stuff here All right, so just about to trade up into 90 and 92 here Okay, look at the bid as well and look at the action on the bid and what are the reaction to that bid? We're finding more buyers. All right. Okay, so looking for 92 92 50 Now we're gonna get a pullback at some point here Okay, and pullback probably I'd be looking at this little area here where we broke from and we see some structure Right in here. There we go. So we're through our 92 This hasn't has not pulled back yet So looking at 4,300 the figure, but I'm still I'm kind of looking for a pullback here This has been some pretty strong blind And maybe maybe back to 90 here. That's where some liquidity is right now as you guys can see So yeah, getting a bit of a pullback here. Okay. Now we had to go through this rather quickly But this is really great stuff here guys. This is kind of I Mean this is kind of picture perfect This is exactly what we want to see So, you know, I want to do oh that and the VIX had a good tell tell tale as well Thanks, David. Yeah, good good stuff there. Yeah, excellent Way to go. I mean David. That's that's I mean looking at correlations. I think is correlated markets the VIX other indexes whatever is You know In my in my opinion, I think it's one of the strongest things you can look at Because everything is relative so, you know, it can one one thing compared to another and What what is the value of these different indexes or instruments one compared to another? So when you start to see that correlation between those markets and one moving before the other you you can really You know, it offers a tremendous edge, I I believe in my opinion Right now. What else do we have here? We had we already noticed immediately We started off the webinar talking about all of us all of these traders getting filled on the bid down in these areas here Okay, this is this is classic stuff Because at the open what what happened last week market dropped, you know heavily and It Open up the open up a cash Session here To the downside get people going short the fear getting them involved into the market being on the other side larger players Want it wanted it, you know take take what they can And and looking for the moves back up into ranges Okay, now, how can we see it in book map in the bigger picture here very simply liquidity filled here Filled in here see the big red dots into this high liquidity The heat map showing the red orange in this area in this area here as well even all the way down here that you know at around nine 950 or so more down here And then and down in these areas here. We're starting to kind of just slow down a little bit We see some buying coming in Okay, so what yeah, we just traded up to our our 4,300 all right, so Yeah, you know it's like a Well, I don't know where we started looking for this move to start to unfold But yeah, I mean it's 25 point move here from 75 up to 4,300. That's pretty nice in How many minutes here? So this was back at 23 10 23 my god So we're just talking like Like, you know five five minutes or so Yeah, pretty pretty nice move pretty nice move that's it with order flow here Like we you know you really got to be on your toes and watch it as it unfolds We don't know when these are going to unfold, but the order flow will tip its hand And that's what we're looking for Okay, well, we're still in an uptrend On this very small timeframe Okay from basically from this point onward somewhere around down here around our 4,275 area where we broke this here Am I going too fast for you guys? I still didn't go through some of the trading, you know management scenarios in here Ways to jump in it when you see this because it moves quickly, you know and to take advantage of it Yeah, I mean you have to you have to test your own you know trading Strategies and trade management. What's what works best for you? What do you feel most comfortable with? Over over the you know time that you've traded what? You know, do you like to kind of scale in or scale out? Or both or do you like one and done just all in or all out at certain areas, you know, it really depends It depends on you Let's see here Yeah, David you're talking about the VIX Nice Yeah, that's really nice. I mean you you were unable to execute in book map because of the delay in data so If you're getting a delay in in in data In in book map like Well, it should I Mean I haven't gotten any I know that when when there's volatility there there's potential for that But also in placing orders. Okay. I good morning dove The dove I owe you an answer to your question. I'm so sorry. It's just been Yeah, I'll get I'll get to you but the VWAP is a rest Yeah, I don't even have the VWAP up right now, but you can see we return back to I believe this is my VWAP here I mean, let me double-check Yeah, yeah, so it's already returned to it. Okay, and it's right in line with 4,300 here so we we we've got kind of kind of multiple you know Items here at this at this one level around this one level Um, yeah, the if you're getting delays in here and you guys are getting delays. Is it with rhythmic? Okay, I want to show you on them where you can go to to Look at some possible Fixes for that. Okay, they're they're quite a few All right, and we don't know we don't know if it's if it's book map or if it's the data feed or sometimes It's the exchange or if it's your internet One thing to do immediately though is make sure you're wire wired to your modem router Okay, that that's for sure And then the different servers are also Really important. So if you're connected to rhythmic go with the in and David you're in in Europe So that you want that European server Yeah guys this uptrend still continues. So looking for 43 10 Okay, and then our 15 level our 15 level looks good as well That's the kind of a swing up there and it relates to some of that God, I think I forget what for 43 15 was it wasn't the gap fill That was 85 Let's take a look here. What was it? 43 40 was a high of the day. I forget what our 15 level was Maybe it was just maybe it was just here in book map that we're looking at Yeah, I think it might have been just the swing up here Yeah, memory allocation is one of them to take a look at, you know, I think the easiest way to kind of Answer the majority of your questions here is to show you where to go here. All right, so Go to book map calm. All right, and then Go to the more button here Okay, and go to knowledge base All right, first off one thing to check is your system requirements that you'll see here We're in the user guide section of the knowledge knowledge base Check check your System requirements here that will be very helpful. Okay, there's recommended here is minimum and then there's recommended And then heavy use here with MBO full resolution blah blah blah You know take a take a look at some of these things in here. All right, so that might be very helpful Immediately other things to take a look at here in the knowledge base is scroll down a little bit further and We can start to look at performance issues Is that where it is? Let's try that Yeah, so performance issues low memory And No, there's there's more than that Yeah, rhythmic issues as well here Okay, so what click on that and you can you can see on the right-hand side once you click in that section You'll see you know also on the right right-hand side the as you scroll through you'll you'll kind of go through all the different Subjects up here Now I know there was a section in here on Performance related it might they may have changed it, but Yeah, this I'm sorry guys So yeah, definitely some of these in here that I just pointed you to here, but also in the help section number 10 here Look at Bookmap or you know performance FAQs right here. Okay, this will be really helpful All right, so yeah, you can even you'll see the other like I said the subjects here on the right-hand side So take a look at that that'll be helpful for you Okay, so Bog you said this is rhythmic This is with really think there's one called Europe. There's another one called Frankfurt Europe solved it for you Didn't have to try out the Frankfurt. Okay, that's good Gazoo, let's see what looking at levels it makes good sense, but seeing levels and watching for a break is or hold is Way different than putting the trade on yeah, well, let me let me tell you a little bit about our education here This is not a trading room But we can go through some trading scenarios for sure, okay, we did it last week and we do it all the time Yeah, yeah, I mean it's this is about reading order flow in here Okay, we're already we're just about to come up to our 43 15 as well now There was no that to answer your point Gazoo. There's no reason to get out of this right now just by looking at the The structure in the in the order flow here, okay, there was no reason to get out of this trade Okay, so, you know we made we made We can go through different trading scenarios in here now that will be hindsight We'll go through it in real time no problem, but is the the goal here of the education and book map is To understand the order flow Okay, you can trade it so many different ways, but we're gonna cover the order flow Right, so you you want trading strategies? Well, you can talk to different educators on the different strategies We can go through multiples trading strategies but our goal here is to Learn order flow Get the edge in book map and then you can apply whatever trading strategy you want Okay, so there are many many different ways to trade book map is a platform not a trading strategy All right, so that's our goal. That's why we offer Live trading with J trader on Wednesdays and and Scott Balsini futures trader on Thursdays, that's the that's the goal So you have a very complete education here. You got the course You have these live forward-looking analysis webinars, and this is all free. I really I encourage you take a look around You're not going to find that from another platform And if you do they're gonna charge you quite a bit hundreds maybe even thousands of dollars and you're getting this all for free It's pretty it's pretty nice education. We feel so I hope you enjoy it. I hope it provides value for you Yeah, well, we can go through different scenarios here because you and then it's up to you on how you want to manage it You know along the way Thank you Fabio. Yeah Yeah, thanks. Thanks Alan. Oh, okay, so kebab yours is like 12 points behind so yeah, please go through some of those scenario or scenarios with some of those suggestions or you know information in what I just showed in the Let me let me put it into the chat Okay, because this is really gonna help you So the FAQs is right here. Okay. Here's one And the other one was with rhythmic down here Okay, and that is Rhythmic issues maybe here That ought to help as well. Okay. Yeah, there there is one simple. I mean I I MBO data is a lot. It's pretty heavy Okay, so one thing that will help you for sure you would have to lose all if you have the stops and icebergs You're gonna lose your data. You would restart book map or restart your your rhythmic Connection let me show you this will do it for sure All right It oh well, I shouldn't say for sure because I don't know what your it might be, you know your connection It might be your server. That's that's another thing really important to play around with okay So let's go to all configure a new rhythmic connection here. All right, so add connection No, hold on a minute and we'll make it rhythmic Okay, and this is where you put your username and password. Okay, and however, you know Don't worry about any of any of this information up above here Aggregate quotes though. Okay, if you're having huge latency issues here check this box for aggregate quotes All right, that will do the trick it. Well, I I don't I shouldn't say that it should help a Tremendous amount. You're not gonna get MBO data any longer Hey, what it's gonna do is it's still you're still gonna get pretty high quality data But it's gonna aggregate the quotes together and bundle them and send them as packages Okay, so it's not gonna be quite as accurate But that's fine, especially when it gets really volatile like this I mean the data from rhythmic is pretty amazing. It's it's highly accurate. It is the most accurate that we found okay, so It also When you when you know, you get the MBO data in with rhythmic as well It is it's it's unbelievable data, all right, so Aggregating the quotes like this should do the trick. All right, so what just consider that. All right, I Mean 12 points behind you. That's an issue, right? I I'd say reach out to support at book map calm All right, and and get something I mean you can see like I'm not having any issues whatsoever All all morning long. I haven't had any any delays whatsoever Here and I have MBO data All right, now I haven't you know PC that's a it's pretty powerful, but it's nothing. It's it's not extraordinary You know, it's it's within the last, you know, a couple of years it's kind of like, you know Yeah, it's good, but it's it's nothing extraordinary. I Think I have 32 gigs of RAM CPU I forget what I have but yeah, it's it's not bad Okay, and I have quite a few symbols open here as well That's another one. This will be another huge saver if you're just trading only the ES then get rid of all of your other symbols That will help tremendously Okay. All right, so anyway, I I understand I want to try to fix that and address It now with you guys instead of having it through support Okay, so that should be helpful All right, let me know Otherwise I want to continue on with the forward-looking analysis and help you guys with the order flow readings in here There's still no reason to get out of this. Look at the structure here. Okay. This is important It's really and really important to understand market structure And this is this is what we're looking at here. Okay higher lows higher highs. It's still making them Okay, so we don't have any reason to get out of this yet Okay, so now up here though, and this is what this is my way of trading. I Like to take some off. I Like to even front run some of these areas and take take some off So around this 34 or 43 15 area and this liquidity in here. I would probably take some off Okay, I would move my stop up I would consider getting back in at lower areas in here as well Okay, if the order flow still looks good, you can scale in it's a new trade move your stops up Take some off up here. We'll look for a pullback move your stop up Get back in here. Take some off up here. Move your stop up. Okay, so there Here's here's one trading scenario and you would have knocked this out of the park Okay, we would have been in down here. Okay, we were looking for this. We're looking for a reason to get in All right. Now. This is looking a little bit different now though, too Okay, we did make a higher high here, but not by much, right? It's not even it didn't even make it back up into 43 20 in this trend line that we kind of our trend channel that we Have here. Okay. Now look what we're doing. We're breaking the low here Okay, so this is looking different now now I'm still looking, you know for maybe a move back up into it here. Maybe back up into Yeah, you know, maybe forty three oh five or forty three ten Up here if we can get our if we can get some buyers in here Then I would be looking for that And we might not okay, so yeah now we're breaking it again And maybe we can get back down to forty two ninety here But we went down below this swing here now, so we're watching and we might get down to forty three ninety here Nothing high probability at the moment. Okay, so we're kind of waiting and watching on this But now this see how the structure is now broken Okay, so this is now changing our outlook. We're not as bullish as we were earlier At all. Okay. In fact, you can see the profile here. We're kind of right at this forty three hundred Figure and there's a lot of action around this area here Okay, so now we're kind of looking for some back and forth Pullbacks forty two ninety forty two ninety just about to trade and I would look for Yeah, forty two ninety maybe to get filled and then maybe even a little bit lower get some stops in here And then I would look for buyers to come back in and try to trade it right back to forty three hundred Okay, there's multiple reasons why Vintage let's see. What about the high number of stops? Yeah, let's we'll take a look at the stops here in just a minute Stops are a little different than icebergs. Um, well Obviously they're different I'll explain here in in in just a few minutes here. I'm looking we're down at our 87 level I'm really curious to see if we can get some We should see some stops trigger down here All right, we're gonna keep continue on we're gonna go back down to this 80 level. It looks like And then I'm still looking for a pullback here on this buy side Pullback would come to about 90 or maybe this liquidity up here around 93 94 Okay, 4,300 also so at Putting some someone placing some liquidity there. Hey, here come our buyers see the pole of liquidity there bit a bit here So yeah looking for the move to 90 We'd love to see the bid out Add more here. Here they come. Okay, so now still looking for 90 90 is traded. Let's see if they get up to 92 and a half or 94 up here 93 94 Yeah, not high probability though. Not high probability. I just kind of you know It's kind of all over the place below it above it Okay, just about to trade it here There it is. Okay, so that traded but yeah, not not And not high probability. This this I thought was high probability up to 90 or higher probability and and right now I Got hands off right now. Just looking looking for something to you know, give us a some sort of edge in here All right, that might be it see the little double bottom here Okay, so this is what I mean sellers here Lack of sellers here And we actually buyers in here. We're right back down again And now we're actually even breaking it And now let's see if we get buyers back in above it here above this 88 level Looking for green dots above it and then a move back up to Yeah, maybe our 90 93 50 or something like that Nope, nope, we're selling all right buyers can't seem to do it So if we get our sellers here at 85 I'm looking for a nice move down into 81 and 82 here Okay, now that now they're able to do it though Yeah, it's just it's really back and forth I mean 90 just came in here with high liquidity that kind of disrupted the whole pattern And they're starting to pull here. So let's see. Let's see if the sellers can Can take it take it through 85 on down to 81 and 80 And we're getting an answer immediately here. They're not We found buyers here Yeah, I love to see more buyers underneath here Or on 88 Okay, they're pulling here So these guys up here around 94 they don't want to sell And they keep pulling as price comes up toward them Just not finding enough buyers yet Okay, now we are All right, let's see it now. Let's see if we can get more buyers in here and move it Okay on up to 4,300 Okay, basically you'd be getting in here you place your stop down below here, maybe 91 And you'd be looking for taking your profit. Maybe up at here around 98 and a half or 99 Okay, there you go. There's a setup right there Okay, and you be out. There you go. There's a setup All right, now I have to go through that quickly, but let's let's review it All right, and yeah, nice move to 4,300 All right, so what did we learn from this? All right, so and this is not a recommendation it was just Reading this in real time and some considerations For how to apply some of the order flow readings in here Okay in real time All right, so I I hope that see was Kazoo, I think was asking about this right so God I can't remember what we said I think it was right in here We're thinking about getting in so this would be our entry, right? We said our stop was down here around 90 91 something like that and we'd be taking some off up here Okay, so let's see that would be 43 on up to about 98 98 and a half so Yeah, like five and a half point point a scalp there now. It's pretty volatile That's usually not a scalp, but Anyway in this in this environment it is for sure Okay, so what did we see though in here? All right? Well, we're waiting watching looking at and we didn't think we had an edge in here Okay, now once once we saw the buyers kind of a trade into and through this area here at 90 It's looking pretty good. We know that there's buying pressure now Okay, this little area in here gave us a lot of information We came back up to this to the swing Here and we saw some buyers and then we pulled back and then we found some more buyers up here at a little bit higher high Looking pretty good. Now another thing that really helped us here was they're pulling they're pulling on the offer They don't want to be and we mentioned it in here, too They don't want to be sellers in here So and then yeah, we wanted to see more on the bid at a higher level And there was a little bit in here and a little bit in here. It was okay Not nothing spectacular But you know there it does skew the offer or I'm sorry does skew the bid And and they're pulling on the offer We're we're making higher highs and we're starting to see the buyers come in So we're looking for them to kind of break this area and we're looking for them to trade it back to 4300 and then you know the trading or the trade management strategy is to get out a little bit ahead of it Okay, so Ahead of that liquidity here. All right Now this little scalp or this little trade idea here Again, it's it's not a recommendation This is just a consideration And there are many considerations And it's really up to you like maybe if you're looking for a bigger move here Then you wouldn't be placing your stop down here. You'd put you placing it way down here. You'd still be in this You'd be looking for the move back up into like 15 and above in fact not only 15 Would you be looking for you'd probably be looking for the move back up into? This kind of 37 or 40 we said 40 That that's not the gap though. That's the high of the cash session It is up here. In fact, let me redraw this line Okay, so the high of the cash session is what we're looking for now watch We'll see this might be it look at actually this is now. Here's another time frame to take a look at Yeah, that little scalp was in here Well, here's the bigger picture. I mean like it makes you look kind of foolish Or that little scalp we're looking for in that small time frame Well, here's a nice higher time frame move here. In fact structure is really nice in here Hey, I didn't see it earlier Structure Pull back to the structure Get in still looking for the move up here 15 and then maybe our 38 or 40 whatever it is up here High of the cash session. It's gonna be a lot of stops triggered up here. Okay, so some Some considerations here. All right. Well, we just seem to be kind of caught again right in the middle And it is the high volume note. It is the VWAP But higher time frame. Let's just take a look again here Okay, we noted higher time frame Lots of liquidity getting filled here here here all the way down Tremendous amount of icebergs. Hey, it was up up to about 9400 here Or no 10th. I think we did reach 10,000. Yeah. Yeah, we went above 10,000 iceberg buying and these are all buys in here The the red line are stops and just about 10,000 which is funny As well 11,000 almost 12,000 Don't look at the crossover in here It's it's not like that's not MACD that you're looking for a crossover what you're looking at is the kind of like relationship between stops and icebergs So you can see there's there was a stop run and then just after that stop run They started to get filled on the on the bid with icebergs buying icebergs And that was in this little area here now. Let's look at this area here because And let's we've done this in the past and it worked out really nicely many times over It's pretty pretty simple exercise. When did these guys start to buy? Here up here Okay, so around Therefore we can even add this as a level a potential level to look at okay up around this 4350 Here's why We have icebergs in here starting to get filled and I had icebergs and from Yeah, it was just right around that time. So I opened up my book map right around here so Anyway, yeah, I mean immediately started capturing some icebergs buy icebergs here, so The idea or the concept here is well if we have lots of traders Larger players getting filled and we know they're also getting filled on the bid and All of these areas all the way down and we have icebergs as well You know all the way back up to about here You're still buying Up to about this point here So this this is actually a critical area right here, and we're just at it right now 85 4285 So we know the position of larger players Where are they going to start to be in profits? Hey, well, I mean they're Probably dabbling in profit up in these areas here, but they have to get above the VWAP and above this 4300 to get into profit Okay, so that's one of the scenarios to look for is buying off of these areas here then and If the order flow starts to show us that then we'd be looking for a move back to 4,300 4,350 sorry Hey, here they come. Let's see if we get our move now. Let's see. We got some buying in here Looking for them to move it right back to 4,300 Okay, I don't think it's I don't think it's high probability at the moment You know, it just looks I don't I don't see enough buyers in here. They can't even break this little high here Okay, but we're looking for the move back to 4,300. Let's look at the bid How does the bid shape up here at 4,280? Are they are they bidding in front of it starting to starting to bid a little bit in front of it there? Hey, do we get some buyers coming in a little bit? Okay, so let's see if we can get more here at 4,290 green dots here at 4,290 They should be able to lift it right back up to the swing here at 95 Okay, nothing high probability at the moment still I don't see those big green dots in here So I they're not lifting and look look we're just right in the middle smack dab in the middle between 4,280 liquidity here on the bid and 4,300 We're right in the middle of it. We're looking for an edge here and we don't have it at the moment You see how they're showing a little bit on the offer there and we sold off a little bit So there's still some selling that means that there's still some selling pressure in here So vintage what about the high number of stops shouldn't the market go down? To grab them well stops are always going to be like, you know You know Typically people exiting the market So you usually around that that's why we look for false breakdowns and breakouts and stop runs below those areas and then buyers or you know for someone to Let's say it's a stop run to the downside Okay, then we're looking for buyers to come in back up above. Let's suppose. This was a big stop run right here It's not okay, but let's suppose it was right in here Then we'd be looking for buyers back up above that area. So basically That would mean that if the majority of these sell sellers in here Are getting stopped out now. That's something you'd have to go in and check out If if they were now in this scenario, it's not we know it's not a big stop run There's some stops in here, but it's nothing spectacular Yeah, actually we can go through that little trade example over here now or or we can go through this example in real time here Here we go. So here's a stop run. Okay. Now we're looking for buyers above it Hey, the scenario is buyers up here. Do we get them? Not yet Looking again here and then looking here we go now see they pulled up here Let's see if they add on the bid. Let's see if we get our buyers here around 83 or so Okay, let's see it now. We got to see it. Not yet Starting to get interesting and nothing now. There's the bid on 80 Hey, you sell it and sellers took them on so we got some selling pressure in here Okay, so these are new sellers in here. So can they take it down to 75? 70 Hey, or are they gonna get become food food in the food chain here if we can get buyers back up above our 80 level now and we can't so far There now we're now we're there. Okay, so let's see now Let's see these buyers take it now up to 85 and let's see if they can get to 90 Okay, look at the bid as well. See the bid. Hey, so you'd be getting in somewhere in this area in here And be looking for these buyers to lift it now back up to 90 Hey, so there's your beautiful pullback to to where they came in Hey, you can even have your stop at break even right now. So this is a risk-less trade Okay, understand Hey, you'd be stopped out there at break even They're still looking for the scenario though. Okay buyers come in and again You can go for it again You know, I want to see some more on the bid here. That'd be good Looking for our buyers and we didn't get them, right? So So we're fine So just going through some in real time and you know some trade Considerations, they're not recommendations Just ways to read the order flow here. We we're looking for buyers. We got them. We got a pullback We'd be looking. Okay. Well buyers are going to take it here We know that these are new sellers. They're going to be upended and we should see a stop run to the upside We know there was a stop run over here as well Uh, so now at this point we're looking for 90 And and this one didn't work out. There's still some more sellers in here Okay, so now we're looking for them to fill this liquidity down here around 75 76 Yeah, sorry guys. I'm going through it really quickly. Um, you know Uh, and it has to be you just it has to be, you know, and it has to be mechanical I mean to the sense where you're just like, all right, this I see it I'm looking for an edge. I'm looking that's why we spend the time going through these different scenarios So when you see that scenario, you know, you can react to it because that's what you're looking for And you know what it looks like And that's your edge Now that's something you have to go back and define. So now look look at the buyers come in now Right. We had a little bit on the bid here and look at reaction to that bid right here Okay, here's our pullback. You know, this is a this is a strong move So we'll pull back get in and look for 90 And let's see if these if we get them up here got to get them up here 84 we got to get buyers up here Okay, this is still holding. This is where they broke out from it's still holding But it's not looking too good here. It's not looking good at all. All right, let's see if we can Yeah, so no this one didn't work out So they're gonna likely go for 76 and 75 here Okay, we gave it a shot though Yeah, I'm still looking for this scenario to to play out though to be honest So here we go one more shot at it. Let's see let's see if they go for it here You got to get our buyers up here around 82 to 83 Now we can start to look at this volume in here. It's not bad. This is not bad Okay, well, we want to see, you know more consistent buying here Even this one failed here, you know, they bought they bought again came back retest here And it failed it came back down into 76 or Uh, yeah 76 and a half or so now it's just just trading into this liquidity now Okay, and beautiful stop run. Okay anyone that bought in here, you know We would have gotten, you know, we were looking to get out if it's not going to work out here Then we're looking for the next scenario high probability scenario. Okay, fine. Take the break even take a small loss Okay, now we're still looking for now everyone got stopped out This liquidity or these these transactions in here if they're stops Again, that's people exiting. So we're looking for people to enter and we're looking for them to enter up above 75 If we see our big green dots up here at 75 then then the game is on Hey looking for it. Okay. All right. So there's some buyers here You know, this is this is where you'd be getting in Okay liquidity on the offer there And what's the reaction to it now they just pulled Okay, here come our buyers Okay, you could move your stop to break even Okay, it's based off of these stops in here Okay, and you just got stopped out of break even you gave it a shot You know this order flow event here And didn't pan out Let's zoom out. Let's let's uh, you know, uh, take a look at the bigger picture here So we're coming back down to kind of lows of the day here Okay hitting this is where we actually got in or you know, we're looking to it back back in this area here So again, like and let me cover this here. I think it's kind of this is important like When we saw this order flow event in here, we're looking for the move higher Now we're back to the same level here Okay, and and we're still looking to see if we get buyers back in here again Hey, this is where this is where things changed here. You can see it. All right. I don't see anything happening here I see actually, you know More more. I mean we broke this little little structure in here And this is why structure is so important And I want to I want to cover this in in um, like we did last week in here because we got a lot of new traders in here I want to cover it. It's really important and this is our education like uh, why we Go over market mechanics understanding those binary market mechanics and how important they are It's just so important All right, and then that can be extrapolated to higher time frame market structure Okay, so like in here look look at this event here We're looking for sellers down here Okay, we're starting to get some buyers in here and we're looking for sellers down at around this 71 area and if we get enough we should be able to break it down into 60 and then maybe uh 42 50 as well Here come some sellers Okay, now we get some buying here, but they haven't broken any structure at all Okay, so that means that there's not enough to like lift it So we're not looking for a move yet on that buy side even though we see buyers coming in here Okay, now we're looking for sellers down here and for them to take it away down into 70 and 60 That's the scenario or one scenario on the sell side Okay buy scenario would be you know to see our our big green dots up here around 77 and a half. There they are Now let's see them lift it Careful on this one Careful very careful here because this could be just enough to get the buyers on the hook to get sellers down here again And then a nice move back down into 60 70 and 60. Okay, so we're really watching it closely here You'll see what I mean If we get our if the sell side works out here, you'll see what I mean. Okay big red dots here. These guys are on the hook They started to buy and then they're going to be just the fuel to the fire to the downside here Yeah, I would I'm I would hold off on this one I mean it may you know, it's looking like it wants to go back up to 85 and 90 Uh, maybe maybe 4300, but yeah, still being careful on this one here Here here's why the scenario is get down below here. All of these guys say, oh, yeah, you know, get the breakout, you know Get the move back to 4300 and then sellers come in below them here See, this is where the sell this is where all these buyers are rat. There's they're rattling in their boots here shaking in their boots And we can get the sellers in here and they can get some nice stops in here Move this to the downside into 70 and 60 And maybe 50 Okay. Yeah, thanks. Thanks. David. You're up down Vicks is a pivot approach again. Okay. So vicks to the downside or I mean vicks to the up David, is that what you're looking at? Yeah, look at look at the seed of sellers here guys. Watch this now boom We should get you know, we'll see I'm looking for it I'm looking for these sellers to hit it hit it hard here Okay, if you if you think that's the position this is where you'd be getting in you'd place your stop up around 78 or so On your and you're looking for your target to be 60 Okay, again, this is not trade or financial recommendation Right, but that's the scenario but see see how we You know, we're looking for that scenario here. We're looking the opposite scenario is buyers on the other side here Around around 80 or so Okay, and then they're going to move it and they're going to move it up into like 90 or 4300 here Okay, this is why I was just being really careful in this area in here and and trying not to get on the hook Right because this is this is the advertising here Right in here to the upside Here's the advertising to the sell side and we're still right back at in the middle here at 75 And we're looking for a distinction in the in the volume and also in the order book here to help us Make a decision Right to make a higher probability decision in here Okay, we have some buy icebergs in here Starting to enter Hey, that might help us out. Let's take a look Okay, I want to see that bid up here around 75 74 75 I want to see these guys pull it 80 and 80 83 or 84 Okay, they're pulling pulled a little bit at 80 and they're pulling up here at 84 as well We're getting our buyers here. Okay. All right. Let's see if they can move it now That's some pretty good buying and they they're starting to move it. So let's see them try to move it now to 90 I think I think the buyers have it here Boy, yeah, again, this is a tough a tough one as a tough one. Maybe look for a pullback to 80 here You know and then be careful on a pullback here as well. This is this is kind of, you know Treacherous stuff in here, uh, because ever, you know, everyone Uh is looking to enter But we're looking for an edge because you don't want to be on one side and get hit get hit on the other So there's your pullback, right? And if you're a pullback trader, this would be your entry It would be right around here in this 80 level Yeah, I don't like it. I still I still don't really like it in here I want to see but more buyers up here more distinction on the buy side And this is looking much better now. All right. All right. So I think I think buyers have it now Looks like it. They should be able to reach 90 See the buying coming in but it's still dark in here underneath on the bid Okay, so I don't like that I want to see them bid up And I want to see the reaction to them bidding up in here Uh as uh more more green dots it it repels sellers It it and uh and and buyers enter the market here And we're not getting that right now So we don't have a you know all of the pieces in here buying looks pretty good here and here That's true. All right. Let's see it I'm still looking for the bid to light up here a little bit a little bit lower here on 82 There's a little bit there And what's the reaction to it? Should get buyers Some front running here around 89 And nothing nothing great nothing great Yeah, right back down to uh liquidity here it's at 78 And it looks like some of it pulled and some of it transacted We're back down at 75 now Okay, so yeah, we you know Buyer should have been able to bring it up to 90 here But we noted along the way though. There's there was no support on the bid So, you know, we'll be you know really had to pay attention to this area down here. It gets really kind of treacherous And the best thing to do is just watch Okay, uh and look for a big distinction in here because this is when we really want to see it That big distinction Okay in the order flow And not get caught up in the advertising here Hope this hope this makes sense Yes, this is tricky. It's tricky trading. It's tricky order flow And you know Players are looking for someone else to like make the first move here and then get get them caught on one side And then move it the to the other side And we saw it many times in here Especially these poor sellers down here They got they got Stopped to the upside in these little areas here Okay, we're back down to that liquidity at 70 here Okay, we have our european close as well So not a not a good time to be uh to be trading Volatility hard to read in here. We don't know what larger players are going to do Okay in the next uh, I don't know 10 minutes or so A couple scenarios we can go through thinking about the european close Anything we see down below and you start to see a lot of absorption down below the lows here Look for a move back to to to the uh 4300 and and back up above Let's uh, let's jump back take our bigger picture approach here. Take a breather Okay, we're back into uh You know still in the daily we're kind of in this end the zone in here Okay, where we found our buyers previously back in october Okay, so in here's our hourly chart here And we're still kind of you know waiting and watching If we're going to get back up into like a 38 40 15-minute chart like yeah, we're looking for some of those moves back up and it's back down And we're back down and near the lows again here So not really seeing much at the moment. All right Well, let's zoom in here and I wanted to go through a couple scenarios in here Okay, we might get our move in here But let's just take a look at kind of a smaller structure in here and what we look for in that structure And you see the volatility here see all this guy come it came in here One player has about a hundred or more and he just transit got transacted Okay, and this is stop run as well And let's zoom out where we might be seeing something here Okay. All right, let's see if See if buyers can sustain this move back up into 90 here European traders if they're going to be covering So they'll likely be buying All right, let's see it then here they go if that's the case then and look at the bid see them on the bid here And now they don't want to trade here. They're just trying to skew the auction and keep on flashing back in and out You know, we're looking for the reaction though to this liquidity here Yeah, see how they we know they didn't want to trade we already knew that and we're already there and they already pulled Here we go again All right guys. Well, yeah Still Still not seeing too much. This is starting to get interesting though and especially right here at the close or European close Yeah, let's see if they can get they get the run up into to 90 here Yeah, we see them buying here and again they should be another barrage of buying we should be able to get right up to 90 88 90 again, not Nothing really high probability to to to really look at here. Just just considering like the close here and another beautiful like Move back down in here So again, they can they can they can close even at a better price So let's see if we get to move right back up to 40 to 80 82 Looking for that skew again on the bid finding buyers just looking for a move back up to up up to here 82 82 50 And there's a bid look at the bid here now. Let's just watch On the bid was the reaction buyers Okay, so now let's see if they can reach 88 or 90 as well Okay, see see the the stronger bid. That's what we're looking for And we found buyers And not a whole lot up in here. This is this is where we really need to see them I'm still holding looks like sellers want to take it on though They don't and now they should Hey, there's they took them on here. All right. Well, anyway, let's uh, let's zoom in here I want to go through this this scenario here just to so you guys understand a lot of new traders in here I mean we kept on popping in and out here looking for the the bigger move to unfold and we just We we just don't see it yet Um, and it's just been really back and forth for quite a while in here Trying to looking for an edge, but trying to not Be fuel for the other side in here being very attentive to that So I wanted to just go through this example in here about uh, if we take a look at some of the uh smaller Very small structures in here like even microstructure. We'll take a look at in here Okay, and when we talk about microstructure, we're really talking about like this kind of activity in here Okay, now bookmap can show all of it Okay, so Here's the best offer is the red line. Here's the best bid Uh, here's where you know, the best, um offer went up one tick. There was a there was a two tick, um Spread for a very small time frame. I mean we're talking, uh Middle of seconds here very very short, but then the best bid went up Okay, and and then there was a one tick spread Okay, so now what if we get buyers back up here again 78? Then we'd be looking to see if they can lift it one more tick up into 78 and a half or 78 and a quarter 78 and a half Okay, but this right now An auction market theory This is our high volume node here now. It's not much but believe me you'll see Uh, this hold true on these sub second levels Okay auction market theory holds so here here we have a seller Okay, now we have 12 trading here. This is our high volume node right now Okay, we it's our only volume node right now Okay, but you see see how we're getting like this is basically up here is is a deal To trade it right back down Okay, down here is a deal to trade it right back up Okay, now we're looking to see buyers or sellers move it away from this area here this three tick spread Okay, now we're going to take this same example in here. We're going to extrapolate that into multiple, uh Price levels here and understand market structure. We talked talked a lot about market structure today Okay, we're going to use it on the smaller time frame here and look for an edge You can even see a little bit of an edge in here like here They are on the bid down here and they bid up a little bit and see how the the blue one here They pulled they even pulled up here and here on the offer So we're just looking to see for more buyers if we get more buyers up here at 78 now if we do Then they should go up after this liquidity here at 78 and a half Here they are. Okay 78. Let's see if now they can move it. Okay to 78 and a half No back down to value Okay, now they're back on the other side Hey back up Back to value now 78 looking for our buyers again No nothing there's still there they're at 77 and three quarters Here we go Okay, now the best the best offer went up one more tick as well Okay, so looking for some more buyers up here. We have a look at the look at the profile. See how it's a p-shape now It's only three ticks, but believe me. This holds true We have 24 that traded here 33 down below. This is still your high volume node, but we're seeing quite a bit up here now Okay, so let's see if we can get more buyers up here and try to lift it up into our levels here of liquidity Now note that they're bidding or offering down a little bit in here as well So it's getting really interesting on the offer in here in the auction And now they're adding even more though on the bid here At 77 Okay, here we are we're back up here. Okay now And they pulled here at 78 and a quarter this this blue liquidity in here So looking for a little bit more buying in here and we should get our move And there it is there it is Okay, and it transacted up here at 78 and three quarters Okay, they went for it. They went for this liquidity Okay, now I I didn't you know I know this is hindsight, but I was going through it. I just zoomed into an area and we're going through the auction. That's it Okay, and we're just looking for this move only Okay, this is one of the reasons why like you could consider Uh, your your trade strategy would be to look for this move from the inside to the outside Take your profit at the liquidity area or front running the liquidity area Look for the next setup Okay, if you're still in it Okay, then you could be looking for pullbacks getting in again Uh and looking for continuation All right, so anyway lots of considerations in here And this game continues to ebb and flow and change Dramatically Okay, that we're just looking at the small little example way in here at microsecond level But we're looking for that move And and it got more convoluted in here now too, but we're still finding buyers in here now What we're going to do is take that idea And we're going to extrapolate that to a higher time frame. This is no different. This is what we do in our trading education It is no different than looking at and marking up these levels in here of Areas of consolidation. Here's our breakdown and here's our consolidation Okay, same idea. It's just bigger ranges Now what we're looking for Is up in these ranges in here. What do they tell us? Okay, so look at the buying up here Not a whole lot What about uh a buying or selling down in here now this is not a whole lot down here either But these buyers they can't seem to make a higher high in here They make a lower high a lower high. They're trying they're they're buying in here. They're not able to move it And then we get a lot of selling here. We get we even make a lower high with a little bit of buying up here And they just can't move it This is when we're looking for the break And the move to another lower level of liquidity and a new trading range to it be established in here Okay, just like we're looking on the micro time frame Now we're looking at a higher time frame in here Okay, and we're understanding the order flow events within here And we look for the bid and the offer and we also look for the um The where the transactions are taking place in the structure Okay, see how the transactions are taking place here at a lower level and there's our break And there's a beautiful stop run now We just broke down to 50 Okay, that was the move we're looking for like if we went to the sell side here We'd be looking for the move into the figure We'd love to see it go a little bit below the figure It and it did it did but nothing really transacted down there nothing just a Just the best bid is or um Yeah, we'll the the best bid and offer kind of caught up a little bit later in here um, but um Anyway, uh now now you can see we're um We're back up above 50. We're at 60 Okay, now if this again same idea is here This is a stop run And this is people exiting And we also have icebergs in here So we have to be kind of attentive here. Are we going to accept or reject below 60? Okay, the scenario is I mean typically we go with the trend And you stay with the trend I think there's more sellers So we just made lows for the day and you'd be looking for more sellers to hit 50 here They they never transacted at 50 And there now they are All right. Anyway, I'm gonna leave you guys with this here Uh the other two scenarios here. We're we're trending lower We still look for more sellers at lower lows and you stay with the trend Now if we get back up though here, the other scenario would be buyers back up above this 60 level here Big green dots this kind of size over here We want to see here. Okay, so that kind of scale lies something like that And we be looking for these guys to start to pull this market back up 75 Okay, but it's got to be above this 62 area here somewhere around here All right, and so that's another scenario here in the order flow The key line is around this area here around 61 62 Okay, that means that anyone down below this area here, they're going to be trapped And we'd be looking for them to try to move it away very quickly here Now this is a possible scenario if you want to look at your auction market theory For a mean reversion trade, where would your first mean reversion trade be? It would be here at 75 Okay, it also could come back up to 4300 Okay, so we'd be looking for that scenario looking for buyers to enter in to bring it back up into 75 our high volume node up here Hey, are we going to accept? I mean, this is really thinly traded outside of this area here right now But 70 and below Okay, so we'd be looking for buyers to come roaring back in to try to move it right back up into mean Where it can trade where it transacted earlier previous value area All right, so that's some auction market theory. We got icebergs supporting that idea as well And they started buying here right here. So are they going to buy some more? Let's see Yeah, a little bit a little bit. All right, so let's look at let's look for buyers here at 57 And then a quick move up into our 62 line Looking for buyers here. That's the scenario here Hey, let's see. Let's see if these guys pull here and add a little bit higher there They did a little bit and we got our buyers. Okay looking for the move to 62 And they're still buying icebergs Even up here Okay, it's kind of establishing a new trading range in here Okay, now it's starting to now it's starting to break. Okay, so likely just come right back down into 50 here And maybe a bit below Right, this this is failing this this structure is now breaking We're looking at this little structure in here for maybe a bigger move and now they're below it So yeah looking to see if we can get back down a little bit lower here See this see the skew on the offer right in here as well Okay, that gives us some insight nice little stop run Now looking for if we can get buyers back up above here though, right right at 52 and a half now Okay, we're going to take that same scenario On the that we had over here above 62 now we're looking at 52 buyers Big green dots back up to 60 Okay, this is a stop run. So kind of empty trading here if we get new buyers coming in here Looking for the move Okay, I like this one even better because we're now we're down at a lower low here All right, let's see it looking for it right here right now Okay, let's see this bid show a little bit more here Starting to show a little bit not much Yeah, we didn't we didn't get we didn't get it. We didn't get it. We didn't get it on the bid in here Okay back down to lower lows and then sellers sellers going for 40 Anyway, this trade here and looking for this to work out Is is lower probability if we see the big green dots though, we most likely got it And we didn't get it. We didn't get anything like it And we're looking for it in here. We didn't get it. We're getting big red We're getting the same size red dots over here. So it's still trending lower Yeah, and and then David David w here is watching the vix closely And he's looking for that correlation. This is another great thing to take a look at look. We can just do it here with looking at other stock indexes. Okay, so Russell still going lower Okay Nasdaq still going lower. So this is everything's trending lower So go with the trend Still looking for it to go lower if we start to see breaks in this though and you start to see those buyers come in And we'll look for it Russell usually goes first Guys also like another thing we've been seeing this for I mean long time like When you get all three indexes going the same direction it takes a lot to turn it around So, you know going with the trend is is the way to go This other scenario that we're talking about here like You know look Higher probability is wait for these indexes to start to turn around or look at the vix like David is doing and You know once you start to see that starting to unfold now you got something that it takes a while for these indexes to turn around Okay, so this s and p is trying to get back up above 40 here Hey, how's how's that? Okay. Well, this is starting to work a little bit here Hey, our Nasdaq is our Russell Is okay All right, so now is that makes this higher probability though Right that we can trade back to 45 now Okay, let's zoom out I'm still looking for the big hook here And the big hook Is going to be below these swings on the daily here and then loss of absorption Just tons of absorption on the bid and then the buyers to start to come in And then the move back up back into the range now. I'm not looking for a total reversal or anything like that I'm just looking for a move back into the range And we have lots of reasons for looking for these different scenarios in the order flow Okay, so for example Profit takers on the daily on the higher time frame down here at the swing other buyers coming in in these areas here This is a discount. These are really strong moves to the downside Hey, we can see really strong moves right back up too All right, and then we started to mark up. That's how we marked up our levels in the beginning of the webinar Okay, and why why we had our reasons for some of those uh levels in here Okay, lots of icebergs coming right back in Right in this area here About 2000 It's not bad Right in this area here. All right. So I yeah, I like this. I like this move actually here come some buyers here Let's see is the nasdaq starting to move a little bit Yeah, nasdaq. All right russell. They're ready. All right. So I'd be looking for buyers to come in here 44 And let's see if they can move it back up to Yeah, 55 maybe uh, maybe 60 Okay, looking for it looking for that scenario here. This looks higher probability to me Because of the correlations now the order flow in terms of higher higher probability. I don't see it yet I'm looking for I'm seeing buyers here. Here they come. They just took these guys on at 45 I want to see the bid though light up here underneath And try to push this A little bit not much Yeah, let's see the move back up to 50 first Okay, how are correlations doing? Okay nasdaqs looking pretty good All right s and p should follow Okay, there's our move to 50 Okay, still looking for higher move here still looking for higher Up to I like this 60 area up here There's a bit of a pullback here a little bit of a flag pattern and it's taking a pause here and then continuing Now this was tricky in terms of like trying to trying to find an entry in here I mean, you know, so this is not financial advice, but There's many considerations jumping in is what I like to do I mean, I see the move. I you know, I'm looking at the order flow. I know there's buyers in here I know they want to lift it. I looked at the nasdaq and the rustle. I know they're lifting it They're ahead So I'm looking for the move to 50 minimum. I like 60 Okay, I jump in here around 45 It's a horrible entry if you look at this Okay, but I'm looking for it to move if it doesn't I'm out I give it a little bit of room here wiggle room with a very tight stop Okay, in this case tight stop would mean for three points, which is you know It's enough. I mean, uh, that's that's kind of kind of a lot. Um, but it's kind of more volatile here right and then There's Wait different ways of managing it. You can take some off at 50 But or you can hold for for a bigger move here since we got the correlated markets I probably hold for a bigger move Right, I'd certainly be moving my stop up though. I'll tell you that Right, and I would I would get in it give it another shot look for another high probability trade and give it another shot Okay, so, um, these are a few different ways to consider the management in here Uh and looking for these moves and capturing some of these moves now Look look what look what gave us a lot of insight in here It was the correlations It was the correlated markets Right, here's our move now. We're at 60 beautiful Take some off I would I might even I might even exit I don't know though. I mean like the the one thing that on these correlated moves I'm still trying to figure it out myself like when these, you know, when you got all indexes going going the same direction It takes a while It takes a while to stop it And you know, we continued on down it took a while for it to turn around And so 70 might be the target here 70 liquidity or even, you know back to 75 here Our higher volume node. Look at this tail here on the on our, uh um The profile here, right? Anyway guys, look I I got to go it's it's been it um uh Kind of an interesting webinar going through a bunch of different scenarios in here. Um, it's it's um, uh, You know, I've got I've got to go we've got to end this it's almost been Almost two hours now. We're coming up on two hours here. I wanted to go through some of these details though We got some newer traders in here And kind of outline our education a bit of what what you guys uh, uh are Or what our education is about now our education We what our goal here is to provide a foundation for you guys A foundation and here's why Okay, because guess who's going to stream next Okay, we're going to have tom be streaming next Okay, now he's going to be popping in and out like uh for the rest of the day Uh, and uh, this sets up some considerations with this with a foundation of understanding order flow now tom He he trades volume profile. He looks at the s and p and he's he's um, uh an expert with volume profile Okay, so that's his way of trading his trading strategy All right, so, uh, hopefully this provides a bit of a foundation for you guys to now bring that to Volume profile and market profile All right, so uh, that's our goal here. All right, so that you guys uh, then you know scott pulsini looks at at, uh You know some volume profile as well Jay traders looking for things that are already moving heavily and then he's looking for pullbacks. That's one of his main strategies Okay, he has a lot of other fader strategies, which are very unique to stocks, which are excellent Just excellent and he's just made just a bundle Uh of money off of his his strategies But anyway, uh, anyway guys, so let's uh, uh, let's end it up ended up here. Uh, thanks guys for the uh, comments in here and we will uh I'll have this up on youtube a little bit later today And then uh, uh, take a look for the red streaming in here for tom b He'll be in pretty shortly. I imagine and uh, You know, maybe take some of this foundation with you Right can some of these considerations And then, uh, you know, you guys have uh, uh, something to to lean on All right. Okay. Have a good day everybody. We'll catch up tomorrow. Thanks