 All right, good morning, you guys hear me in the YouTube land Thank you very much All right, good morning crazy and these other markets not so much in Equities Guess you're a man discord too, sorry about that. All right, so Obviously Something went down yesterday. I still haven't seen a clear reason for this ridiculous Especially lately this kind of sell-off. I was of course gone and that's why we sold off I was have a joke with my trade room when I leave that opens the way opens the door for This kind of move, but that's pretty substantial. I you know, I'm seeing There was really no news, but you know when you read spot gamma here Yesterday a lot of elements of a flash crash and we appear in trigger of downside action where flows flows that caused them So he was talking he talks about Error readings were four billion on the day and then at that auction after the Unoxygen the negative belt is being in the bill the first was the first wave was a call selling the red box That's here and then second wave put buying the yellow box Both casted cases the flow is predominantly zero date to expiration flow we can tell because the spread between the lines Are equidistant in the end result of those here or minus three billions I went from plus four billion to minus three billion so seven billion in option flow Which is an absolute ton and then he says here therefore there's roughly seven billions We just said and that's that's just the S&P 500 chronicle That's last night mega seven and another 1.5 billion a negative delta. So you can see all this on this hero, right? Not right now, but this is actually selling off again This is a billion over a billion dollar move right here and you can see this market is responding to it So again that these this is one entity in the market, right? These dealers get loaded up with You know options call You know bullish or bearish and then they have to turn around a hedge in the future So they're getting loaded up as this moves down this that's bearish Dealers are long dealers have to come over to the futures and hedge themselves So you can see it's having an effect in the market this market just dropped 15 points You know some days it's moving in tandem other days This is not the only game in town, right? There's bigger money I would I would assume today there'd be some bigger money playing in here after yesterday's move But you know you want to keep an eye on this and there's definitely edge in watching this especially with our volume setups My the vi the SI indicator bookmap volume setups that I use which is the core of my trading Which is all I talk about on these webinars. There are many many Edges you can come up just with this hero alone let alone what we're what I'm doing, you know for myself Am I trading in my trade room? So So anyway kind of whipsaw city and these other markets today I took losses in golden crude I took some Izzy trades I made a mistaken goal. I should have been honest some of these But I took this trade earlier And my I have rules of where I will you know piece out of some of my positions. So I originally took this trade here And it was a decent 40 50 tick winner and I just was Distracted I was doing these zones for my trade room and I just didn't see where I yell out But anyway, this was an inflection zone. I'll show you here and we did run into this was the yellow load I'll show you here in a second, but I I did trail my stop to that But it did come back This is where I should have got out of this trade not all of it but a partial because this is Look at some of these rules that I have or I pay myself As it makes money available with me. So that was I'm short bonds by the way And I'm about I will get I will not make the mistake here in bonds if this gets down the yellow load Let me actually put this in right here. Let me put my Resting order in so that's 31 I'll take it over there So I'll come back to that go over that trade. It's nice to have a winner after the beat downs I took in golden crude today But anyway, this was that was the first event I just showed you that was up here I should have covered some here, especially when the yellow lug is these are leadwood levels We'll go over these but that was confluent with vwap. I should have covered some and I just wasn't paying attention And it came all the way back and stopped me out. So Now actually long and I'm getting whipsawed the other way. So this was the most recent event here This buy ice and we got the atr and the retest and I took a bark Blind atr retest confirm. We'll go over these straight to trade strategies here shortly But I took that and I took a lick trade. There's lick up there. I think it's a little more up there But now it's snapping back. So My stop should have been right here I actually moved it down below this prior event because I don't like to stop out in events But that's pretty close to getting stopped up that way too. So kind of getting whipsawed today in those markets And then crude this was just this was just a loser Like there was no worth for me to get out here. You can see here though It bounced off perfectly before I got short here right off the Right after the blue lug. That's why we use these things. They're ridiculously powerful But it came up here. I actually got short. I mean, I guess I gotta got some of that baby lug But there was really nothing to for me to get out and I just took a loser on that one But I'm now I'm now working in order to go along here. We'll go over that But this was the original setup that I took Right here That was sell ice and we got that and I got short it did move a little bit of my favor But again, there was no reason for me to get out for what I look at and it came out came back and got some new events And stopped me out now. Currently. This is the most recent event and I'm going to potentially go along here This is a buy-stop run There are a couple buy-stop runs actually Turn this off for a second. This is market pulls So you had a buy-stop run here and here and then you had so these are the requirements for certain trading strategies They have you got the full atr. Here's your retest. We actually have a trade that trick That's called the reversion trade that plays for that move back to the event now if this moves back out I'm taking bark and lick longs here Those are resting Orders waiting to be filled if it comes back and those prices are to go long and crude That will be going long at 86 stops at 15. I could put on a run up to eight And then those trading strategies I was talking about so that's the bark blind atr retest confirm That's basically any volume event that moves the atr moves back retest is the trading or the Volume event moves away. I'll take that trade and then the lick liquidity trade is the same It's like a bark, but I'm trading towards liquidity. That's like my ultimate goal. This is not a huge trade for this liquidity But I'll take that if it moves out of there Uh, it's actually the risk reward for this is not good at all Actually, now that I look at it, right if you're going to take liquidity trades You want to make sure you know if I'm getting in at 86 Well, I'm only in it if I'm trading for that liquidity I'm only getting 14 takes of profit risking all the way back below this volume event That is not a good risk reward trade. So I'm actually gonna delete that. I just I didn't see that when I put that on All right when I put the order of working Let me get out of that one So I just got I just got the bark working on this particular setup. Oh, yeah, actually the other thing I could put on here is a Izzy trade. That's what I did have working. I was wondering why I had that working So this is a Izzy zone. It's kind of a Different variation where the market moved So these are inflection zones, right? We these are available in my trade room They're available first subscription if you guys just want you can't get in my trade room I'll post that here in a second, but anyway the market moved above here came back in this zone I'm willing to take that long. So what the way I trade is I have important areas That are you know areas that I deem important, right? And for you, they could be completely different You can be using other things That the key is to find your areas that you deem important and then wait for the volume event Which is happening right now, which is the driver of the trade, right? um And then having rules for that and then taking the trade so that I just showed you the important zone Inflection zone right now. It's back in there. I got a volume event. I'll take that trade Actually, I should have already been long on this one, but I just didn't get in it. So if it comes back out I'll take the long off that But I have You know all these trading strategies Are my important areas, right? So Lug I'll stop running a major lug. We just talked about the lugs Those are lug with levels that I call them lugs for short because So I don't have to say love with a level hotter times on a webinar The leg trade the izzy trade That that's the inflection zone trade. I just showed you then we have all these other ones So there's a bunch of nopper as well But these are the main ones that i'm focusing on right now and and teach my room Profiles and courage trade will go over all these but so these are my important areas Then I wait for my distinct not mine, but the distinct Stop iceberg indicator setups in those areas and then I have rules how I trade these setups In my important areas. So that's that's what i'm doing Sounds very complicated, but trust me. It's not it's uh And again from watching thousands of these things I have distinct rules so that may work and it's the best edge I've ever seen All right, this came real close to my failure and I did not get filled so I have short bonds from this morning So this was an example of an izzy trade So we had a bunch of sell ice here Early on actually more just came in here So someone was selling a bunch of it and you see how this market reacted But it didn't move out of here the time I got filled to the tick and it came back It didn't stop me out because I play this is exactly why I place my stop An atr above the volume event so I don't get algode out of the trade right It's got to prove it can push back through the volume event And it more than an atr out of the zone and then I say uncle you win and I stop out of the trade Right, so I did not stop out and I still have that on And I didn't get on any right there because it didn't hit the area I was looking at So I was looking forward it did bounce off extremes to enter deviations So this I should have been gonna got out of at least one of them here. I got Four on I traded double size here, but I had four on you can see this We talk about this all the time in my trade room if an area or a level is showing a response Next time there you want to make sure you know, it's probably gonna respond again So I was trying to get done a yellow log here. I should have got out of at least one of them right here That was just an error because I'm on the webinar. So I just cost myself It's already 10 ticks and counting against me. So that's not cool But you can see another trade I missed here as well Is the I lug you so there was icebergs at the red lug. You can see how well this lug held we've already seen two today This is why we use these Great resistance area and it held so I should add actually both of those trades on and I just missed that because I've been Like a chicken with my head cut off today And that was that's this strategy. I lug you, you know, we name them the acronyms are meant to be memorable funny Right, so I lug you is any take any fade trade with an iceberg event into a major lug with an atr retest confirmed So that's exactly what happened there So that was the major lug Just looked at it and it did do at the time It did the atr retest and I should have been short that strategy as well. I just missed it So I'm hoping this comes back doesn't come back so I can get out of one of these I just screwed that up. This is going to suck if this comes all the way back on me But I should have been on a one and that's why I pay myself as I'm correct at areas I deem important and all those areas are on this sheet. This is you know available for my trade room That you can come in and get it. I pay myself as the market makes money available to me So obviously a lot of wig levels market profile capacity highs lows b-waps Standard deviations. That's what that just bounced off of I just showed you that was like the two One-and-a-half standard deviation of b-wap to the downside It's about gamma levels, struggle to get through the rest of the equity. So these are all areas that I will piece out of some of my trade Paying myself as the money makes available to me. So and I did not do that there because I was not paying attention All right, so nothing has happened in equities. There was one set up this entire morning I mean there was some stuff pre-market And it looks like we may be retesting this on nasdaq There's you can see here. There was a bunch of sell ice. So this is I'm gonna post this here in a second But you can get this zone drawer that this is a godsend the guy in my trade room and developer smart very smart guy Figured out how to have these zones draw automatically to the sub chart Spikes so you can see here. This was Some decent sell ice pre-market, right? So it definitely looked like it did the ATR retest But I did not go short at the time because algo guy. This is my filter for the barks and licks trade They have to be in that direction. I mean this has to be in The direction of those strategies. So All this is an exponential moving average. So the blue is the short term the red is the long term. These are just individual moving averages They call it a ribbon, right? So if the blue is below the red that's bearish the blue is above the red It's bullish. So I need this to as a filter to confirm my bark and lick trades, right? So I wasn't going to take that trade earlier It finally did cross up here so potentially now if this did Since I'll go guys finally crossed if this does come back retest failure, I could take a short off of this I'm always wary of taking trades off volume events that happen pre-market, right? But I will consider that if it comes back Otherwise, I'm they're probably going to be a new event here. I'm surprised there hasn't been a single one since the open Especially after what happened yesterday So a little surprising on that but we'll see Uh, this was Russell So this does look like an ATR retest now Let's just see what algo guy looks like potentially go short off of this algo guy is bearish It's trying to pull back bullish right now But if that were to come back as long as it doesn't violate to the upside We'll go over this here. I will short Russell Let's make sure this zone is correctly. So this zone's in beta mode It's these aren't perfectly drawn yet a lot of them are but some of them you have to you know go in here and Zoom out so I would combine both of these. This was threshold meaning threshold is just the amount of volume that I From watching so many of these and all these different products that I find is a tradeable amount Right, it's not just trading every spike in this SI indicator to stop iceberg indicator He has to hit a certain amount for me to feel that it's um It's an it's an important area or important amount of volume That's going to uh affect the market potentially So you can see this started a spike right there that drew perfectly For that first one the top of it anyway, and then it starts to spike more there And then more there and this looks like it's spiked a little bit more here Okay, so I'd have that as the bottom just right here for right now And then we'll adjust it as we go across and add the new one I should already done this. This was a while ago I just didn't get a chance to get over here and then this was the second one that fired off That looks correct it for the bottom right the last spike. So when it flat lines, this is just going for a minute I have my my SI indicators sub charts set at reset mode, right? So it's just gonna whatever amount of time you put in there. That's how far it will draw You can see here this ended right at the minute mark, right? Well, that doesn't necessarily mean the icebergs are still coming in for that full minute I have it there to try to Incorporate the icebergs because they tend to come in slower in the stop runs But when you see it flatlining here, you don't have to include the prices in the flatline I did that wrong for many years. We've changed it So just make sure you're just drawing into the final spike and not the prices that happen once this flatlines Right, so you can see here. These are my So I have my reset reset mode at a minute for icebergs And 10 seconds for stops so 10 seconds is probably too long for stops too because stops are pretty instantaneous But I just want to make sure I see them all But then you can adjust with the spikes. So anyway I would put the top here Oh seven last two digits all the way down to six. So this is a pretty wide zone, but ATR is is 50 So this is about an ATR width If I'm going to make these make this one zone so I can go like this And that incorporates both All the cell eyes actually Actually, you got some waves of bias here, too I'll just keep this like this Oh seven to 20 30.7 at 2026 so now you come to my This is part of my room as well. You can get a subscription to this if you can't get in the room I will post this shortly here. Actually, let me just post it right now because I'll forget So this is this is if you want the drawing tool beta You got to go to book map it gives you instructions how to do it click on this document You got to go to book map contact in my in the channel That this will send you to contact him and he'll get you set up And then this is my new course updated Five hours of content it goes over everything that I'm doing as far as the setups the settings everything Um the six distinct setups that I'm using in the important areas that we were talking about And then if you just want to get the the spreadsheet that I'm using and and the inflection zones that I'm talking about If you can't get in my room, they're free to my room But if you can't get in there and then you can just go here and get the There's a spreadsheet. There's the inflection zone there if you want to both So I'll post this in YouTube like I usually do I'm already says How can I get the elbow guy you always mentioned on your webinars? That's um, it's just it's just an exponential more than the average ribbon on Think or swim you can basically program it in any software We have the templates in my trade room if you come in there other than that I will post what it is and you can kind of Figure it out for yourself here There's a good video on it and you can come up with 10 trading strategies just from this thing Just trying to find it here. I will post this in this YouTube as well. I'm not posting anything in discord. The stuff's all already in that channel from past You can just scroll up and find all the stuff So whatever I'm just coming to youtube if you need these links, but all these are in So there you go, brian watch that video And it shows what it is here, right? So this explains what it is So and you can come up with strategies just on that So what was I doing here? I gotta put this on it All right, so I'm gonna try to go short here if I can stop talking here for a second and get this damn zone in um That's what I say here 20 30.7 So I'm gonna plug this in my spreadsheets. This is the great thing about this spreadsheet You find your zone you plug it in and it tells you everything you need to know as far as entries and stop prices and everything else seven I'm sorry 2030.7 is 2026 so that incorporates all that cell ice ATR is a 51 that's a lot that's Large meaning it's rotating about 51 ticks every five minutes. All right, so if I'm going to go short here So so as long as didn't this didn't violate to the to the upside meaning the invalidate So if it gets an ATR above that volume event, I will not take a short, right? So did that get to 58 last two digits? I'm talking if it did then it's invalidated. I don't think it did Did not got probably to 37 ish So now if this we got the ATR below here, that's the confirmation price. That's right here the validation price is 09 Got there So this is a reversion trade too that we this is a trade this part of the spreadsheet if you want to take these are more scalp trades So if you took the one ATR you would have been at 14 the two 68 on the FL on the two but the one work you would have been in at 14 right there right back to the zone You're out. That's the trade That's different for what i'm showing in the webinars. I don't take these trades on these webinars Especially the book map ones They're just they're too fast and I can't keep up because i'm watching all these other markets If i'm trying to do these position trading So these are all position trades where i'm looking for bigger moves the atr reversion trade is just your It's a scalp type trade. We were playing back to the event To the event so let me hurry up. I'm gonna miss this trade As usual I can go short at 01 and I could put on Round up Hold on Russell So this is the bark line ATR we just confirm and we'll see if there's liquidity down there Yes, there is so the liquidity trade is literally this is my target So i'm not getting out and I have other remember i was showing you other areas I will get out of a trade as it moves in my favor like I screwed up the bond trade That if i'm trading liquidity trade i'm holding it to the liquidity. So that's a different strategy I will put that on if that comes to 07 i'll put that on as well That's working what I also wanted to check is this inflection zone an easy trade It sure was right. So this was I should already be short this trade Volume event in an important area. This was an important area from before lots of stuff I happened here it ripped right through yesterday came back and Now we put in two selling tails in this zone So I should already be short that because the easy trade is an aggressive entry war I don't wait for the retest failure. So I should have been already short the first move out of this Again, these are all specific rules. I have for these trading strategies. So the easy trade Is an aggressive entry meaning I don't wait for the retest confirm the liquidity trade the bark trade I do wait for that The reason I don't wait for Izzy's because there's such powerful areas that the market may not come back and retest right So there's certain times I will wait for retest, but in this case, this was an aggressive entry I should already be short. So I'll put on the easy short as well that comes back there And then I always get, you know, my trade a lot of times will ask, well, if you should already been you should already been short at 01 Whoops You should have been short at 01 already Why when you just get in here and you just save 40 text? Well, because I feel like if this if I didn't put it in and it does one of these I feel like I kind of got away with something not putting it on So I will I'll put it on if it comes back there, but I'm not just going to jump in right here See what I'm saying. So if it comes back, I'll put it on Nat gas, ice iceberg by NG, 159 contracts All right, so Nat gas, the number just came out It I would be careful trading this today. This is an event, but it's rolling So this is the January contract. It's rolling. It's the volume is kind of splitting here It is powerful if you're seeing an event In this because the volume split, right? So this is even more important You know, it's showing threshold 216, which is that's even more powerful because of the of the roll today See what I'm saying So this is if you're seeing events when the market's rolling months, that's even these events are even more meaningful is what I'm saying We'll keep an eye on that I just I don't know if I want to trade that just because like I said the volume split and the lugs have not rolled so I just we'll look at it here if there's nothing else going on but It would be nice to get a either a yes or as deck actually was this a retest of the zone So I was waiting for let's see what that price was The problem is I never put the zone in 33 touched Eight here and years now, I don't think it got that was not an official retest of the zone So remember I was saying I would go short off of this pre-market event if it retested I it's already retested over here, but like I said, it hasn't retested since I'll go guy has been Has flipped right so So we talk about coming up with the thesis as well So if this many times when this when markets try to pull and this did pull it a little bit pull the blue And it can't hold the next wave down when it crosses again that leads to the to the major move So we come up with you know, you can come up with a thesis based on this stuff and the other stuff I look at I come up with thesis every day. I'm a day trader. I'll trade both ways But if the thesis agrees with the volume events, then I could trade bigger size, right? That's how I do it So just because I have a thesis on something doesn't mean I won't take a trade the other way But if I get everything lined up, then I can fire on it, right? I just want to see yeah, we have new lugs here. So this thing is just building lugs back and forth You can see so the thesis I come up with a thesis with lugs too Right, so this built new lugs earlier going up If this market is truly bullish, it should hold prior red lug Directionally yellow well, you can see it didn't hold there If it did I would expect red if it didn't hold you expect blue tag blue built new lugs now here you go thesis What what should what should happen? Well, if this is truly bearish it should hold Prior blue directional yellow you expect the next blue This is just coming up with the thesis with this stuff if it can't you expect red look at that Almost got the red there probably come up here So you can come up with thesis with this stuff and then market profile, but this is pretty choppy, right? It's like it's building them both ways building new lugs both ways can't hold it one way It can't hold the yellow directionally all prior blue the other way On this is just signifying in this market profile stuff too, right? So these are composites. These are value areas of days merged together these blue boxes You can see this thing can't make up its mind what it wants to do. So it opened up in here I think it opened up in here. Let's see. Yeah, so to open up in here failed out of it Got in here failed back out of it now. It's in between So this is just bouncing around and that's why you're getting that kind of look too with these lugs So the next move and there has not been a volume event in the regular trading You know since the market opened so the next move in in either one of these is my thesis is going to Be dictated by that, right? So if it gets in here when markets accept into market profile composites you Expect the other side. So if this can get back in here and I get a bullish event I could take a pick pick trade as the profiles encouraged That was this strategy Right there That's trading, you know again important areas. That's an important area to look at if this comes back and fails It gets in here Then you know, I get a volume of that then I can trade the pick trade and expect the other side here Now I could I could put on that strategy. It's also giving me a thesis of what's going on So I have no idea You know what to expect here and I'm just going to wait to see if it can get in there I'll expect that if I get in there just thesis, right? It doesn't mean I won't take if this gets in here It doesn't mean I'll skip wrongs But if this gets in here and I get a bearish setup I'm going to trade bigger size because of the thesis is agreeing, right? And then that would be like below yellow lug and that thesis wouldn't line up so on and so forth All right, so you can come up with a thesis with those you can come up with a thesis algo guy You can come up with a thesis with these inflection zones how they're responding to the inflection zone And you can see this is just sitting between these major This is from a long time ago and it did hold yesterday And that's what led to this move and then it bounced right off and stopped there and gapped up from there today So these are all still relevant This one then it moved out of here came into this one and bounced off of this one So I don't really have a thesis here structure wise, right? Like I mean it does look bearish obviously after yesterday This this was a fail breakout of this multi-day balance That's a fail breakout you built more balance yesterday and then went right through the high volume note of that And then it ripped right through Well, you can make this more like that So that was the high volume note that zone and it helped for now if this comes back and gets through this area Then I would fully expect my thesis based on this stuff would be much lower, right? And we'll probably head back down to this stuff So you come up with the thesis with structure, right? So I've given you three or four things you can come up with the thesis on then You can move over to the option stuff and then listen to his thesis So there are what he sees where the options are building up the most because the markets gravitate towards these huge options options positions and that's this stuff that you see on That's these levels here, right these cloud note levels So he comes up with a thesis based on where he's seen this the heavy flow So here's some major levels as support here Here's one here and then you can read and then he always says like he gives his opinion It is not looking at anything but the options So you see what you can do here If everything's say I just looked at three things like the lugs and the The logo guy and and my structure stuff to say that was all all bullish, right? And then I come over here and we'll read this and he basically is bullish He basically says when you get moves like yesterday What was driving it usually get a snapback, right? So then that would be bullish Then if I get a volume event that's happened in real time bullish, it's fire away See what I'm saying. So that's how I do it. So he does say here This is when he was talking about it getting killed mini flash crash Google is watching this Clearly not enough causes such a swift reversal interest. So people really don't know what caused that I mean, I they're saying options, but I've seen like five different Reasons and then I just it's nothing's really clear to me why that happened. It doesn't matter why it happened It happened, right? So it's like you adjust to it and move on Most of the volume started printing after 2 30 p.m. That's eastern I've been a part of record 4 800 the pickup and volume was real average Was five times greater. So he's rocking like a relative volume type of thing that we look at all the time too I can show you that from yesterday relative volume was ridiculous How does this impact things moving forward? So this is his thesis Right anytime we see flows that are zero date to expiration driven. We favor fate fading those moves So he's uh, you know based on what he saw yesterday. He thought it was the zero date to expiration Further the flow shut off right as the s&p hit our critical risk off support line of 4700 That's right there. So 4700 is 47 50 is 52 in the futures So it bounced right off there yesterday. So that is showing bullish according to him, right? As far as how it reacted there Additionally yesterday served to pump up implied volatility shown by vixx was jumped to 13.4 However, when you look under the hood the volatility change our past this past week Represents a shift just off just off of unnoticed care in the world this week's implied volatility are a bit more irresponsible But that makes yesterday's given surprise about 1.1 equity dengue We can't help but give the edge to the elevated ball getting sold into the upcoming holiday weekend in the new year So if they're selling ball that just just means the market usually goes up and it's a slow grind type of thing This should create some recovery for equities today and tomorrow Wouldn't be surprised if we retag yesterday's highs, right? So do you see like this is just one thing? But so is the lugwood level so is the algo guys so is the structure Do you see what i'm saying? So when you can get confluence meaning a couple things are lining up Like you know, all of a sudden we start breaking new highs or you know lugs start building upwards or algo guy flips Now you have this information too now you wait for your real-time volume events And then you can go for the throw to the long side. So that's all that's how you should be trading You can't come up with a thesis and if you don't get your qualifying volume events in that direction You just skip the trades that would be fine too. You're you know that that takes a lot of patience just to sit through You know, especially if you're a day trader, but there's that's probably even a better way to trade, right? You got to be very patient, but So i'm still not filled in Mr. Russel So if that comes down to one i'll take i'm taking those shorts bark lick and um, is he I'm still not filled in my long crude Yep, I was going to take bark I was going to take this is this is not a good lick trade I already said that because i'm entering an 86 and licks right there But i'm taking the bark trade if that comes up here did not fill me at last time. I don't think we would hurt it And my bond trade's coming all the way back on me because I made a mistake and didn't got at least one down where it bounced off earlier And hopefully this will not come back and stop me out because I try to double size on that That would not be good I don't mind losing or giving back profit as long as I didn't make a mistake when I make a mistake That's when it really bothers me, right? So I will be complaining heartily if that comes back and stops me out Just like I made the mistake earlier in gold, right? I was short. I had 40 50 ticks in it And I just didn't see that bounce off the yellow lug with a volume event By the way, I should have been out of some down here and I made a mistake and then I got stopped out And then that sets me off and then I start talking to myself and I could catch myself pretty pretty good nowadays, but they call it going on tilt, right? When you go on tilt, that's when just you just lose your mind, right? And Back in the day, I lost my mind many many times. I've matured a little bit since then, but I'm still quite a crybaby You can ask my trade room, but that's just human nature. And that's how I get it out of my system, right? It's like I complain a lot and and bitch and so on and so forth But that's how I get it out. I, you know, you want it and you can read any trading current trading psychology book And they say the same thing you want to get You don't want to bottle you want to accept your feeling, right? So if you're pissed off Accept your pissed off recognize you're pissed off. You don't get pissed off and pretend you're not pissed off That's when you're you know builds up and then all of a sudden, you know A year from now you lose your mind and they put you in a rubber room, right? So the way I get it out is I just I talk it out and I can plan it even when I'm not on my webinars I'm talking out loud. It's it's pretty embarrassing, but that's just how I get it out there's a story back in the day when I had my trading firm when I was a big trader Um, I was a top trader in there and I had my own office That was like a secret because most guys were coupled up with other dudes I had my own office So people would walk by my office and they'd hear me having a conversation And they go into the owner's Owner's office and say who is pulsini talking to in there and he's like, oh, he's talking to his imaginary friend Right, so I did it all the way back to them like I would just that's how I get it out of my system So if you guys get annoyed with my complaining, I apologize But that's the only way my head doesn't pop off All right, you guys got questions. I really haven't done anything obviously as markets are just sitting here Throw them in youtube, please. I don't I'm not gonna bounce back and forth between discord and youtube. So just please throw them in youtube So I guess we'll take a look at this natural gas set up Nothing is going on A little hesitant to trade this because of the roll right so you can see here You know it's two to one close to two to one volume and um In feb now, but there's still 28,000 here. So it's like I you know And then you want to make sure the lugs are on the right months on so forth. So I don't like questioning Things like this, right? It's like, well, should I put on the trade all the volume still some in here That's why I'm hesitant to put on a trade there Because trading is hard enough without questioning stuff. I'm just trying to see right here This is this zone actually can be deleted. It's just bounce back and forth here So, you know, when I these are my important inflection zones the izzy trades there is easy areas I mean, they're Izzy short for the inflection zone But when you trade these are where important things happen. These are just the four important areas of chart, right? You can do these yourself um If you know how to do them, but you're what what you're looking for are You know tops and bottoms of balance areas These are the four areas right tops and bottoms I deleted this because it traded back through it But you can see this zone is pretty comfortable where that was that was before Here's the top of it You can draw high volume nodes if you want I don't draw the actual high volume nodes because then I have too many areas in my chart, but you can just eyeball it It's just an area the highest traded area Volume wise in a balance area. It's basically the middle of the area. It's just an area. It's not an exact price Right? It's not like the point of control and it's the same as point of control As in market profile the same, you know thought process, but it's not an exact price It's just the area and then buying and selling tails So you can see there's a tail here. There's a tail here. There's a tail here It's not the only reason I drew up But if I find a bunch of stuff in the area then I make I just make sure I incorporate all of it And it's even more powerful so you can see here and then the last one is directional conviction So that this is like directional conviction gaps are directional conviction. This is the regular trading hours chart I don't you can't see the move overnight, but you can see the gap That's definitely directional conviction So this zone is very important and you can see the market came back here. That's exactly where it stopped, right? So these are this these are why I have these areas So these this is just one important area that I look at on top of the logs on top of alga things like that So if I get events in these zones I will take those trades. Those are called izzy trades and that's what I took in bonds Earlier this was an izzy trade So you saw that sell ice a k a volume event in an important zone So I took it See this is why and I get questions. What what what's the significance of white versus red or whatever color this is I just do it to separate the zones and so this one I didn't and I was like, okay Where is this one start words this on that's why I do it. So this is actually the izzy zone With the sell ice I took that trade Right an important area with a real-time volume event. That's the izzy trade. That's the trade I have on right now And what if I just get filled all right, I'm filled on crude I'm long crude Bark Was this an izzy too? I can't remember. Yeah, I remember I said, this is kind of a variation of the izzy Where it moved out of here today came back volume event. So I'm long crude izzy and bark Bark is just blind at our retest confirm The only thing I made possibly made a mistake on and this one is I you got to stay on top of your atr Because that changes that changes your entry price when I change this these are going to change, right? So let's see. Yeah, see it's down to 23.7 So instead of entering at 86 when I change that atr. I should have been at 83 Yeah, it's not that big of a deal But you know three ticks and you do it a hundred times it adds up and then it also You know changes my stop price, too So I'll be out of 73 18 if I'm wrong here, right just trading probabilities And you just keep putting them on if you have an edge That is the biggest part of trading you have to make sure you have an edge I know I have an edge So I just keep putting the damn trade on over and over and over and let the edge play out every week. We talk about comparing it to a casino, right If you have an edge Aka a casino has an edge, right all the games are mathematically in their favor Mathematically in your favor would be an edge in the markets if you have something like the assign indicator That's an edge. Then it's just about applying the edge Consistently, right? That's all this stuff is and this is part of my trade This is directly out of trading in the zone by mark douglas douglas highly recommend you read it It really helps you if you can start to think I might make a joke in my trade room that they have to have this tattoo to their forehead A real tattoo on their forehead to come in my trading room But if you can internalize this you're on your way so if you can Understand this stuff the five truths anything can happen You don't need to know what happened that all this stuff if you can internalize this And you have an edge you're there, right? And now it's just taking the trade So for instance today is a good example. I took a loss in gold I took a loss in crude and I took I was about I still not stopped out of Then gold looked like it was going to stop me out too. It held this prior event Remember I said I didn't stop out and then I put it below it But the point is if you take a couple losers You don't just stop trading because you're afraid if you have an edge You just keep putting it on just like a casino a guy walks in and waxes them for a million bucks Do they shut down blackjack throughout the whole casino because they lost to one guy? No, they know their edges there Keep dealing those damn cards. I know they know after a year You know however many months a year the end of the year they're going to be profitable Same with this you can take five six seven losses in a roll If you know you have an edge you just keep putting on the trade Most traders most people cannot do that. It's against human nature, right? You keep losing and then you get you lose your faith and you're like, oh, this doesn't work Again, that's the biggest thing if traders do not they don't oh They don't most traders don't really know if they have an edge They see something work a few times and they incorporate it in their trading And then it stops working and then they abandon it and onto the next thing onto the next thing Well, there is no question in my mind. I've been trading 25 years close to 25 years This is the most powerful information. I have ever seen you guys see me say it every single week So I don't have to worry if I have the edge. I have the edge now I just have to worry about monitoring myself make sure I don't make stupid mistakes kind of like I did today Things like that or recency bias where I lose two three trades like I did today and I'm like, uh This way I don't want to lose any more money today Yeah, you want to stop yourself at a certain amount each day But I don't stop taking trades just because a couple of them lost, right? Just like the casino doesn't stop dealing the cards because like one guy beat them If you can if you can do that Then you're there then you just got to be consistent and You will be a profitable trader if you can't do that Then you're not going to be a profitable trader. It's that simple All right, that's my little rant right now. I'll see you guys got any questions Anonymous trader going off in here. Let's see. Do you guys have further stories of trader at Trader at Gilbert. It's Gilbert not go Gilbert G lber you can google it. You can see all about him many many many traders were bitching about him in the day Huge market manipulator Actually, it was even fine recently like the last five years for for spoofing and stuff But you can read all about don't even get me started on those stories That's that's basically the guy, you know It was a little volatility at the time and then I was fighting this dude every day He had probably double sigh I could put on 3,000 he many s and p's at the time he could put on like six or seven And back then you can see counterparty So you can see exactly you're a trade list so he could see I got loaded up like two three thousand Then he would just run it in my face, you know, it was just it was a big poker game every day Please don't get me started on that. I'm in a halfway decent move right now Where he would be the one at a certain time windows actually buying each offer and thus facility and trading price Higher advice first. So yeah, again, I'm not going to get in at the games. He used to play It was completely illegal from what I was seeing and again, you can see counterparty I would he would just be dropping in orders back and forth crossing orders just a bunch of crazy stuff Um, you can read all about it just put galbert Big russian trader and you can read all about his exploits, but yeah, he used to manipulate the market And he would usually wait till about And this even stands true for today, right? Like if you trade after 10 o'clock central 10 10 About 10 15 10 30 you're asking for trouble, right? Like it's just you are You know, there's certain days that there's a big money playing in there at the time But most of the time that's when the big money in like new york They start going to lunch and then the algos just started having a field day Well back then he was the algo He'd wait till that time of day and then he would just start flipping the order book Like there was no tomorrow and playing his games and you just drove me absolutely crazy and they'll knock me out of the game at the time so But yeah, that absolutely happened. I mean I'm pretty sure he's in one of these multiple markets now I he got it. He already got fined and banned for a year or something a few years ago So he's probably not doing the same stuff But somebody else is there's always spoofing in here and we let you can see it You can see in liquidity pulling and what's so funny about crude and we show this all the time in my trade room Like all this liquidity is one house And how do you know that because it'll turn off and this is black and then they'll turn them back on and it's all back in That's just showing me it's one one entity I bitch about it now But that used to be me playing games with the markets now someone else's but all this liquidity Just shows you how very few major entities are in this market full time like all the time Right. Yeah, the big money will come in and do their do their business and be done for for the week or whatever But like this I guarantee you this all this liquidity of these bands See how it's like in and out in and out This is one house messing with the markets because they know nothing's going on See nothing's going on then they start elbowing you that's why I have specific rules to get my stops Like for instance, I'm I just got long here. Is the I just got elbowed here back for do you see me panicking out of this trade? No, I actually gotta put my stop in I haven't put my stop in yet, but I Will force this market to get the atr Below this event for me to stop out I'm not going to let them elbow me and this is literally literally one house screwing around with these orders because they know nothing's going on And here we are we're approaching that time 10 o'clock central on mountain standard time But then they really start messing with you So not that I can't be wrong on this trade, but if I'm going to be wrong They're going to have to push this an atr out of here and not just screw around right here. See what I'm saying Let me get this So 18 is my stop All right, these bonds are coming back. I'm not going to make that mistake. I'm not getting out of there again So that's working Yeah, I'm just trying to get these orders in here. So I don't that's my mo forgetting the stuff's working and then Looking at it and I have a huge loser. All right stops are in Now get to watch the elbow fest. Ah, see the other questions in here I still have this short working in russell What I do have to do is make sure this atr is correct Remember I was going to short this atr reaches failure off the cell ice here That's all that's all slowly's markets have become There's nothing going on and it's just been sitting here. I mean I put this in like a half hour ago Atr on here and now is 4.9 So that's not going to be that big of a difference. That just means 49 ticks. It's rotating so that's still not bad Uh as far as volatility So I could go short at 04 or did I have that originally? 07 let increased but it's 04 now that I'm going to short the uh That's the izzy But I say barking lick on this too. Let's see Yeah, I could put on barking lick too Because the elbow guy is still it's still bearish and what's even more this thing's tried now one two Three different times to pull that blue across and it can't hold it now I would again just a thesis with the elbow guy I would I would think waves of selling or anything come in Where those elbows jump back in on that short so I just I can't remember if I put in barking lick near or not. I got barking like working as well All right, so I got barking lick. That was not it. Was that an izzy? I can't remember now Yeah, that was an izzy too. So I got bark lick and izzy. I know I already went over this guy's but I mean I Talk so much. I just forget what I'm doing here All right, those are working that comes back I will go short Still has not been a single event in NAS NASDAQ NQ or yes, that's to do a retest. It looks like no, I'm close. I didn't take it. So it's fine They'll be you know, this starts moving lower than there's going to be plenty of events. I'll do guys just bearish This is another example this thing's tried multiple times to pull across to It did pull try it again. It did pull try to get now. I expect that just from elgo guy. That's just my thesis there I you know, and then We've already talked about these other thesis these disease This didn't really stop anywhere, but again this many times too You can actually have a trading strategy out of this when you see a really high volume sell bar or buy bar So many times the market will recover about 50 percent of it And then the next wave down so that's happening here too. That's basically 50 percent of that move right halfway back So that's showing me potentially bearish thesis And then we talked about the lugs So i'm just coming up with you know I could have been short off of that event I just didn't do it But if I this starts moving lower and I get new events and they're going to be bearish events I'm trading bigger based on what i'm saying in here. Here we go We already went over this a little bit ago. This is trying to get back inside here. This gets back inside here That's bearish I get an event. I'm trading bigger I just showed three different things that are showing bearish and then you'll also be below prior blue Directionally yellow you expect blue that's bearish So now I just wait I could have gone short off of that other event. It was pre-market I'm just going to wait for something new if this these markets start to die at least I'll be short reversal And then as far as the s nothing's happened in here either you can see it bounce right off the this is why I use these Izzy zones there There was no volume of in here, so I did not take it But if there was I would have been short that too, but there you go. What's that? It's about 50% of that bar comes back Bye, let's go down to zero Let's have the Grinch that's full Christmas on this Santa Claus rally that's getting I just love it because all these guys were all everyone's short file thinking nothing's going to happen and they Some guys ate their lunch yesterday, so that was kind of cool. I had to see what other Questions are Luca, how do you set up your sweeps on your book map black and white balls? On your book map some kind of algorithm. It's just a sweep syndicator. You need global plus So some of you guys are using the thinkorswim version. That's a very basic watered-down version I don't think you get global plus Just go get global plus. I put it in that document too. I think I give you a comparison. I think let's say I did this a while ago Here you can get so all this stuff you can get this constantly using this is for the global plus you get there Actually, I don't have the comparison But you can go just just google global versus global plus and you can get the sweeps indicator only with global plus So that's just this So I set mine to 150. I just set it whatever my stop threshold is I don't trade off the sweep areas if you want to trade off the sweep areas I would go four times threshold. So you're talking 600. I don't know why it would be that much more But it is But I don't trade off sweeps anything But I want to use the sweeps you're going to see them all over the place because they're a lot more frequent 150 versus 600 obviously But I use them to help me draw my zones, especially the stop roads. So That's what the black and white balls are What was the reason behind it and before I want to just would he just see how much it offers he has to buy Anonymous I you'd have to contact him. I don't know. He had he was just flipping the orders I mean he he had he had an end game in mind But I'm not the guy to be asking I watched him again. I'm not going to get into what he was doing What he wasn't doing I had enough of it when I was watching it live and costing me millions of dollars. So I that's Google his name contact him you can become good buddies with him Let him know that he's got a bounty on the sudden as far as I'm concerned for me If I ever see that dude, he's getting punched in the face. So just just let him know Which I'm gonna get you still asking about him Luca does anyone here have such a knowledge instruction on a copy of the book map Copy what Luca? It's just that's one of the indicators Right, so it's an add-on sweeps indicator Guys, this is all just this is all basic stuff for book map, right? Just go to book map and you can see it's all right here So if you go to features or I'm an expert at the website, but There's nothing going on. That's why I'm doing this because there's just nothing going on There you go. Here's your difference global versus global plus It's well worth the extra 40 bucks in my opinion And if you go to my use that link I put in there or go to my website you get a discount on it as well But it gives you so here. Let's see. I used to have that on the comparison But you get all this extra stuff one click Dome execution pro I know that she says sweeps. I don't know why doesn't say sweeps anymore But anyway, that's part of It's part of the It's an add-on, but it's just part of the global plus and then if you want that side indicator, you gotta go to the book that marketplace I put this is all in this those links I sent you right and then here's the add-ons So he definitely was my course by the way through book mapper. You can get it through my site too. Um You want the mbo bundle? Right because that this is what it gives you the sub chart the on chart clarity tracker Trader man pro I want to get back into looking at that too because there are some bugs in it a while ago And I just I kind of it's not my thing right now, but this is just showing liquidity in a different way. It's awesome Um Then then you get all this right and then so you need that then you need The data feed that provides that enhanced data. There's only one provider that I know there might be another one But uh, that's rhythmic, right? That's why you need a rhythmic feed or you're not going to be able to see the s by Side indicator all this is stuff if you want to read about what I'm talking what I'm looking at You just put cme mbo data and it's on a cme website what it is Market by order So it's their new data feed. It's not new anymore. It's been around for seven years But rhythmic is the only one that is interpreting this data all these other ones like cqg out there They're still using this market by price Which is not showing you you're only seeing the top the top 10 Price levels up and down everything else you see you know, if you're in That's gotta get you on my stuff and go about be there in a second But if you're using mbp and any other data provider besides rhythmic You're not seeing real order book stuff like you'll see these orders in there, but they're not real They're only showing all you can see is the first 10 levels up 10 levels down That's just one of the things that you can see and then you can also see the The icebergs and the stop runs and everything else But anyway, rhythmic is the only one that gives you that information So you go here And you can you know, if you're only trading es and nq then you just want to see me But if you want to be able to look at gold and crude so gold as comex These are just all the exchanges on the umbrella if you get a single one It's going to cost you 40 bucks if you add it you can see you add them all if you add them all It's going to cost you You know I don't know why this isn't working but whatever because I'm in bundles So if I just were add these separately to cost me 156 if I pick the bundle I get all of these It's 99 it's the same thing But you guys as a bundle then you pick whether you're pro or non-pro if you're pro it's 225 or non-pro it's 99 That's what you need to get started All right So I am long gold been long gold did not get stopped out because I don't let them now go me out I may can push it through these areas and outside an ATR outside and that did not happen I was long off of this event And I put my stop it was here, but I moved it outside this event And that's why I move it outside the event because these hold these events So I never got stopped out. I never got algal. Look at the algos in here This is why I put my stops where I do so I don't get algal. That would have cost me at this point 60 ticks And I'd have been out of trade and I'd be bitching right now So we have a new event. So this is how I trail my stops based on a new event Stop run threshold. It's 183 my threshold and gold meaning a meaningful event that I can trade is 150 this is 183 So this sweep these sweeps causes a stop run sweeps get first right to the order book somebody swept the order books Here's the white balls, right? If somebody swept it caused the stops to trigger well the stops could have been anywhere in these sweeps. I know they weren't They this one's probably correct But if the price already already traded well, you know, the stops probably weren't there I mean, yeah, someone can drop in stop runs on a on a fly But that means this had to have been the price where the stops were At minimum, right? So then I'll that's why this is in beta mode. You want to you want to adjust this So that's how I would draw that Might be looking down one tick here Because it's this price already traded so the stops were not there. They were at the price that hadn't traded already Recently anyway, all right, so 52 down to 43 is your zone 20 55.2 43 So over here plug that in Plug in your current atr Which is 20.09 Now based on this new event my stop for the long we're already in and I can add to this long tube if the criteria Show we'll go over that my stops now at 19 Now the issue here is I'm probably gonna be stopping out stopping this out in a prior event But if it comes back again, then I'll just say you win, right? What I will do is I'll move it outside at least outside of this event This is what I got long off of mention The first time so I'm supposed to be stopped out. What did I just say? So my stop supposed to be at 19 Well, you can see 19 is smack dab in the middle of the zone So I'm gonna move it out a few ticks I'm not going to go all the way back down below that first one that I didn't get stopped out on You know I'm saying so I'm gonna move I'll move it. It should be here I'm gonna move it down here. So I'm gonna risk 10 more ticks. I'll put it at 09 and stuff Then what I can do here Is potentially add to this trade So let's see what elbow guy looks like to see if I can put an add to this barking lick trade elbow guy is still Bullish and what happened here as far as we've been talking about thesis this thing's tried to pull Tried to pull blue cannot pull below the red Usually when you get the next move above then then you got the next wave. So that's looking bullish too I don't necessarily know if I want to trade double size But you know just on an elbow guy thesis, especially with this important zone above We get through this important zone Then yeah, because that would be you see how this zone is you had selling tail Selling tail selling tail directional confection selling tail selling tail selling tail, right? And it just turns out to be the top of this ballot if it breaks out of here Then yeah, I would trade double size to a long size but I will I will put another trade on off of this event, but I'm not just I'm just not thesis wise I'm not trading bigger is what I'm saying so now As long as this doesn't violate to the downside and that's all on the spreadsheet. So as long as this price isn't tagged It's the long a validation price of 22 And this is pretty close already but say this holds it moves higher I can put on another bark trade Off of this amount so I'd have two on I wouldn't put the lick trade on because the liquidity is Pretty well Yeah, you can put the lick on here. I think Should I do they have a lick on don't I Doesn't matter. We'll see what happens here. If this does this this this then I'll then I'll put them on We'll look at that other than that my stuff said oh nine. I'll be out of this long if it comes back Crude's moving in my favor and you can This is why I have tick strikes so you can we haven't talked about market pulse today You can see they're buying. This is mark. Uh, this is tick strike. I had that for about 15 years This if any if anything it just lets you know what other markets are firing off because you can't stare at I'm looking at 20 different futures markets. So I just I hear that noise and I know some of they're buying crude Right, and I'm already long crude. We've already talked about that um, and then market pulse So you can see here and this is important So I have my market pulse set We'll talk about it first and I'll show you because there's nothing going on so we can talk about settings and stuff, right? So you can see this is showing me if you see the yellow tip This is showing me it's the most selling and or most buying in the last hour For the full hour. So that's important, right? It's fleeting and you can see it's in the sweeps here too But you can see as this came up most buying the last hour Most buying the last hour this stuff all hell, right? Yeah part of this was stop runs, but this is not a stop run Most buying so how could you use this? Well, I'm long right now already, right? Well, if I'm long and I see the most buying the last hour some of this stops But this the 40 stop runs does not cost the cause of the most buying in the last hour So my point is and you see it in the sweeps. Well, we have specific rules. I have a share of market pulse rules that If you're long like I'm long here and I see them Buying this market aggressively if this area doesn't hold do I really want to hold my entire long? No, I'll get out I won't get out of them all Because you know this can come down and the buying can come back in or whatever But if this area fades I'm going to get out of some of my trade just because of what's happening real time I'm seeing these buyers engage and then on the flip side I could potentially add to this trade based on the market pulse and just risk very little on my ad Right, so we have stick rules these mart these market pulse areas and I show it all the time Yeah, let me I'll just show this real quick guys because this is part of my trade room But this would be a good word. There's nothing going on. So I'm okay doing this So this is all part of my trade room, right? Go over here Market pulse No, that's the exact excuse me the examples almost choke there. Sorry. You don't want me to die in the webinar. I don't think Uh, I keep forgetting why I put this on over here strategy, but it sure takes right a couple market pulse examples from today This is back in june So watch Just quick. It's pretty quick. So we'll play it And it's in crude too. So it's perfect segue If it plays probably something probably stupid will happen here Two different heavy buying areas here So this one actually held Right, that's not where you judge these Initially, right so Here So the way I've been Seeing to trade this is to When it comes back and retest this area First of all, this one failed immediately, but you want to see if this one holds, right? And if it can hold and they get back above here, you can buy that Off of this one and put your stop below there And then on this one you would wait for the same type of movement while the other one of these held This one tried and then more more buyers came in immediately off sides So before I continue on the pattern here, this is what I'm talking about right now, right? You're seeing just like this You're seeing big buying now if this big buying doesn't help hold This is not current. I'm but I'm just showing you it's the same thing In this case, this was a fade market pulse where the buy the big buyers came in and they already didn't hold Look what happened, right? So that's what I'm potentially going to do With this one right now I'll play the rest out here in a second but right if this doesn't hold I don't want to be I don't want a full position on because the buyers aren't winning. Why do I want to hold my long, right? So play this real quick. You see here's the retest right there. So the minute this gets back below that last low That's a good place to short the trade With the stop right above there, right? So We talked about this is these are aggressive buyers. How are you feeling if you're aggressive there? You think you got it step on the gas a little more and think you got it It moves against you immediately comes back. You're like, oh now you got it, right? So That is a example of a fake trade and you can see this is more of a continuation here. So you have this selling Every selling there. There's your move away. Here's your retest that holds on this in this instance, right? Then you see more selling That held and you actually see some buying come in and they never get in anywhere near moves against comes back fails again The benefits before week bills total 377 spot eight billion dollars. Sorry so These are continuation areas where the sellers are aggressive retest holds So there's aggressive retest holds and you can have some buyers that get aggressive then and never you can get above there So these are instances where Even if you did short here, you can short here and then put your stop above where this first one came in there Right, so that's you know, that's the basic of that basics of that But you know, it's it's it's important. It's important information. It's fleeting many times, right? Because it's just These are not my main Here's more, right? These are not my main Trading areas. Yes. This is a great scout if you're gonna scalp I would highly recommend you scalp off this stuff Right, you're not gonna make money scalping off of this dome consistently. Good luck again It's where I made millions of millions of dollars If i'm not doing it There's probably a reason because I would love to make millions of millions of dollars again Just staring at the order book, right? It's it's not possible in my opinion And I was one of the best of the world doing it So the my point is if you're gonna scalp then this is your best best chance, right? So here this is real time now. What what is going on here? Well, we saw the buyers get aggressive right here most buying last hour Right, let me turn this down before some of the fires off and scares the crap out of me Um, and then you had more buyers. So you can see this one Kind of rejected it hasn't made a new low yet and then they came in again and that one rejected So you don't just go shorter I'm not just going to peel out of some of these the first time But if it comes back see how it retested that exact area Now this makes a new low I can get out of some of these I'll go below this last low for this first one I'm gonna get out at 84 Because I've just watched two instances of the real buyer the real time buying a very aggressive They're not winning. So why do I want to hold the full position? I don't so I'm gonna get out of some of these that come back I got eight on I'll get out of three Hit 85 Right, so I just got out of that and then you could I'm not going short off of these But I'm just saying I'm not full holding full positions if I see Hold on. I know I got two positions on I can't find the dam All right, so I'll get out I'm getting out of some there There you go. So does it mean it can't turn around the buyers can't come in again? No But I just saw two instances real time information They were aggressive No go aggressive. Here's your retest next low. I'm out of some I don't need to see this come all the way back to my stop point to know that buyers just didn't It ain't happening right now, right? There you go. That's how you can use market polls huge information I don't it's not just it's very fleeting sometimes But it I just know and especially once this liquidity got filled they're like, okay, I got my fill now We can move move this thing lower type of type of Attitude right but point is this is important if it comes back and it rips higher fine and buyers come in again Great. I still have some on I didn't get out of my full position But I'm protecting myself with what I'm seeing real time. So hopefully that makes sense Glad we got that example in The spot game gamma The other levels Work accurately. Absolutely. I use them. Those are one of the areas that I will Use their their support resistance and or target areas, right? So you could have a trading strategy just on the stuff alone, of course, I would want to see my my My main driver that's I indicator but say this came down here Right, it's probably going to And you see a volume event That could be your remember we talked about volume events at important areas. This is an important area You see a volume event. That's the edge. It holds it's bullish. You go along If it comes down here You get a volume event and it's bearish you can go short. That's an important area that didn't hold See what I'm saying? So yeah, these are these things are very very important. Why? Because these are the heaviest areas of options Activity so these dealers have to hedge themselves at these areas. So you're going to get futures activity at these areas Absolutely All right, there has not literally not been one set up in ES or IQ and I've never still not filled on my Russell short That's more than this has just been sitting in the zone for an hour and a half I figured today. We might actually get some trade after the flash crash yesterday. Nope right back to the grapple This is interesting too. This is making another leg down This is your this is the hero All right, this has gone from plus 400 million to minus 800 million. So that's a 1.2 billion move That's you know, and we've already talked about the yes has responded to this and we're probably gonna get another leg down here Where you can use this stuff. This is just one strategy, right? This is another thing you can look for Where say we come we do come down to these levels say you do get a vibe of that Say it is bullish and you see this thing turning up. Well, that could be more reason to trade bigger size, right? So we're again, let these this based on this So this is very important information. It is not the main driver. Oh, some days it is some days This is just one entity options dealers hedging with futures are one entity Someday everything they do affects the market. There's other days. They they're doing their business Giving them the business as the NFL referee said that one time They're doing their business But there's bigger players in here and their their activity is not really affecting the market because there's someone in here Bigger absorbing so on and so forth. So You know, there's so many like misconceptions with the thing that people think it's a red light green light It's not some days it is some days It's you know, like right now this thing's kind of cratering and markets just sitting here What does that mean? That means it could be a bigger entity right now absorbing it, right? So the point is I don't just trade this just like I don't trade anything else Blindly I wait for volume events. So if I come down here, I've shown this many times, right? When we did the webinar you can see the webinar on my website. It wasn't it wasn't a public webinar was for spot gammas But you can see it on my website go to my website. You can watch it right here. It's down here at the bottom So he talks about What we're talking about here that or but this is the most recent that I did with him. This is for his uh I forgot what day this was You know, you get to see my smiling face here, too That was very recent. That was only a couple weeks ago. So go to my website. You can watch it I thought we talked about all the stuff that I'm covering now All right, no other questions I usually go to till 10 30 central, but I mean there is just nothing on by the way. This is what we just talked about in crude Right Buyers fail I got us. I'm still I'm still long. You know, I'll I'll I'll stop out of my normal in my normal area But I didn't know the whole thing if this thing craters This is just was telling me something was up when these buyers got aggressive and they're off sides Other than that gold I'm so so upsetting. I should have I wouldn't have got out of all of them. I would have got out of one of them Of course, here we go right back to the nine event. That's upsetting. I mean 15 ticks 16 ticks and bonds is huge It's it's 31 25 a tick Right. So it's like a 50 tick move in a normal product Normal like es and gold and crude things speaking of gold. I'm still long Remember I trailed my I was long off of this event here and my stop was down here did not get stopped out New event I trailed my stop from there up to there Now I could take those longs off of this and that but everything's just sitting here It's pretty unbelievable after what happened yesterday. That's just the way it is All right, you got questions throw them in last chance I'm just not gonna sit here and watch patreon talking to myself to check discord It was a lot of times you guys still throw the questions in there. You can know I say go to bookman or youtube Let's see, of course What's the indicator at the bottom of scott's chart? Anyone know at the bottom of his book that nicky? That's the SI indicator the core of my trading the driver of every single thing that I do for the last seven years Not that long. I've been using I've only I've been only using it For about five years This is stopped. Yeah, so trainer says this is stop icebergs indicator part of the unveil bundle. I already showed all that stuff So All right guys, there's just nothing going on You know, I would think these markets would Retest the lows. We'll see, you know, it's kind of responding halfway up this bar. Like I said Holding these zones. There just hasn't been any volume of funds for me for to train them That's just those that's I have to have that to put trades on I don't care what area we're in. I need it even if it's a Ludwig level Oh, I might as well over these quickly because I didn't really cover it Um, because I still have five minutes left here that I usually stay on till 10 30 so Again, everything's in here. I posted this link in the in the um YouTube course Spreadsheets if you want this stuff if you can't get in my trade room if you're my trade room you get it for free Here's the links to everything that I'm using Apex we haven't talked about that much this thing is a this is the one that I put my name behind I've been using it for two years Highly recommend it if you're you're under capitalized if you're practicing practice Not a game practice You know, that's the one I do for all these accounts that I'm getting trying to get accurate stats on and so on and so forth So, you know again quickly. I know I go over this every week, but there's always new traders on here. So this one, you know Use this code you get whatever whatever discount they got going on like right now. They got 71 off this price They you know, whatever they have if any sometimes it's 90 percent This code works for anything, right? So use that code But the point is here You get an account this one if you do the 150 I still don't know why they say it's 150 when you can only lose 5 000 But it is what it is You need to make 9 000 before you lose 5 000 and it's a trailing Gig for the for the trouts too meaning you get up $7 000. Remember we're trying to make nine here And you drop back five you're out, right? So you got to really control your risk I've had many accounts do that so it sucks. You're still profitable. So if I drop back five, I'm still profitable I'm up two grand. I blow out of the account right it is what it is once you go live It's a little different where say you go up 10 grand Well, you got to get back you got to come back to zero to be blown out It's not the 5 000 give back type of thing, right? So I highly recommend these That's on my website too. If you want to this is the trading webinar. I did with them when we go over it This was I think this is over a year ago now But they're the I put my name behind them. They paid out They do everything they say they're going to do there's no bullshit part of my language Just know oh, no, oh you passed the combine now. You got to do the secret scroll combine and blah blah blah Nonsense they're just trying to take your cash. They're not interested in most of these funding companies are not interested in funding traders They're interested in taking this from you and having you blow out because they I mean, it's a great business model They'll get me wrong because most traders fail, right? But this one actually likes wants to fund traders So they've paid out that much since 2022. That's that's a lot, right? So watch that webinar on my website too Other than that And the lugs we talked about that at link today Love with levels go there. She has a 3d trial. You can try them out once you go back You know or what she is and you never go back. They're incredible You know when they go down sometimes my trade room is like going crazy because it's like trading blind without them Traders think that we haven't talked a lot about this but this is discounts to this You want to be using this I need to be better at this document your trades of it here And then tick strike discounts to that can't I can't trade without it Yeah, it gets crazy annoying when you have a position you're watching position going against you and you get to listen to it too It drives you crazy, but I can't I've been using this thing for 15 years can't can't trade without it So discounts to everything and that link that I posted All right, last chance for questions No questions. All right, that's it. Everyone have a uh, merry christmas I will be I think we'll do a webinar next week right next thursday. It should be christmas is on monday So I'll be back here thursday. I do this twice Well, lately I've been only doing morning webinars because the trades been so bad But to try to leave I do the same thing every day in my room live trading just like this Come on my trade room and you get to everything the spreads, you know that stuff for free other than that You can get my course on my website as well that's here brand new five hours covers I've actually added it's even more than that click on that and you can get the here's a youtube I kind of go over everything that's in here But that is this is the core of my trading so you can come on my room and learn what I'm doing without the course But it's going to take you a lot longer Right if you get the course You get you're up to speed and then when you hear me talking live because I cannot go over basic stuff when I'm trading live Right get the stuff down then when you're in my room, you know what the hell I'm talking about Right. All right. Merry christmas to you all and to all a good night. I'll see that next thursday. Thanks