 Good morning traders and welcome to the book map live trading webinar. This is Bruce at book map and We do this live analysis every Monday Tuesday and Friday 10 a.m. We're gonna go look at the live markets and give forward-looking insight to where price might be going next Friday 10 a.m. the idea here is this is part of the book map education advanced education that you get it's free for now and pretty robust Education in in our opinion we offer educational a course It's online. You have access to it. It will go over How to read order flow and and from the very basics and market mechanics and understanding that and then moving on up into? structure and Strategies and confluences etc. Then we have live trading We have live analysis that goes through that same course content You know in the live market and we will read the the live market and give insight to where we think price will move next Then we have live trading with J trader a stocks trader on Wednesday at 10 a.m. And Scott Pulsini a futures trader trading live. So it really covers all the bases here We also have Tom B. That is in our discord room And he is going through live forward-looking analysis as well. So we have lots of different Avenues here for education and this is all free. So that's pretty nice offering Let's go through the risk disclosures and then we're going to jump right into this live market General disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific Investment advice nor recommendations risk disclosure trading futures equities and digital currencies involves a central risk of loss And is not suitable for all investors past performance is not necessarily indicative of future results. All right, let's jump in let's take a look And here we're looking at the S&P E-mini. We can also look at stocks And crypto just let me know what you want to take a look at most people are pretty happy with the S&P If the S&P becomes unbearable, it's not moving We'll jump over to something that is like Nasdaq or crude oil or something like that. All right, so Let's take a look here. What's going on in the current market? Well, you can see 930 cash open the move to the downside right back up Retests where it opened a little bit above it and you can see the bears are coming in the bears are in control All right, so where where do we think it's going to go? Well, we're looking at high liquidity here on the higher time frame It's already traded into liquidity at this level at 42 15 You can see the big transactions there the next levels of liquidity. Well, they're down here at 4200 the figure and You can see it lined up in here as well not just 4200 Above it here in a few different areas 0507 ish 02 ish is or 3 Starting to come into the book now that kind of liquidity here if they stay in the order book and get filled I mean, this is this is kind of bullish activity. We're we're bearish here until we see something change in the order flow but They are bidding up before this area of longer-term high liquidity and that is kind of bullish behavior It is more bullish than if there was no liquidity there or if there was liquidity below it here on the bid It means that they don't want to be buyers in front of this this figure of 4200 And that's what we're reading right now and we're trying to get a feel for this market and we see a huge 800 stop or I'm sorry 1100 stop runs here You know to the downside here. So huge huge stop run Right into 42 15 here. So a lot of people getting hurt there and we see the icebergs here. They are They're accumulating. Okay. Now. It's How much has it been? It's been pretty pretty good. Not bad. I mean, you know about 1840 overall on the cumulative so, you know, we see that larger players are buying and and And we assume they're larger players since they want to hide their orders using icebergs Okay, now we're starting to understand that dynamic But you know, we're going with the order flow first and the order flow is telling us that This wants to go lower until we see something different All right. So and what that difference is going to look like We know what it looks like. It's when we start to see exhaustion here or It trades into this high liquidity here and and absorbs it They absorb all the selling pressure And then we look for buyers like this to come in on the other side Just like this. Okay. So now we're looking for them to kind of come up and test Maybe some of these areas here in structure so right here at four at 15 and then there's liquidity coming in here at 20 now These kind of areas here we have to be really careful about Because we're still bearish here, but you can see that we're testing these structural areas here Okay, so and looks like it wants to come up and test 20 now and we need to see it's some pretty good buying coming in here All right. So, uh, yeah looking for the test to here to 20 and Now we'll see though. It's already kind of Been somewhat and we don't it's not finished yet. We see a nice cluster of buying up here Okay, but we need to see if it comes back in the range here and accepts in the range And if we can get through maybe around here on some heavy selling around this 12 area We're looking for lower lows 05 and then 4200 All right, so we're just reading the order flow here And here's our move into 20. Okay, so that was what we're looking for once we saw these buyers start to come in now This is still we're still bearish here, right overall The bigger picture here But you know, here's our move and it looks like they're gonna continue looks like they're gonna go for VWAP Maybe even point of control up here, which I have at 42 35 and VWAP is here Around I can put VWAP on here Okay at 42 21. All right, let's see. Let me get to any questions off the bat here Nope How about discord can we look at gold sure? Good morning Alan. Good morning Alec All right All right MC loco and Everybody all right, so Yeah, so let's see here nice icebergs in here as well 700 icebergs 769 Let's take a quick look at gold and then I also want to go over Higher time frame structure and this is really gonna be critical and we're gonna use the same techniques Maybe we'll go over microstructure to begin with to be honest And then we're gonna extrapolate that to higher time frame structure and get it feel for Really, what's going on? so Yeah, I think that might be a good idea what we'll jump over to gold really quickly here and let's take a look So I've got gold Here all right. Okay. I got some problems with it. No, okay seems to be fine Wow, it's got a lot going on in here. I mean Look at them on the bid down here. Okay, same idea same concepts here In fact, it's making a higher low here and it made higher highs here kind of kind of a lower high here And I'm just getting an idea of structure. So it's kind of kind of all over the place but we're looking to see if We can We get more buyers in here and Maybe they can bring it back up a little bit higher here. Just we're seeing the same thing in here Okay, some some buying pressure starting to come in now Let's just dim this heat map a little bit. It's a little much here What's going on? Okay, so you can see the heavy selling in here and this is what we look at here we look at structure and volume and the end Supply and demand within areas and here's that point right here okay, so we have a structural area here and Selling pressure comes in and moves it away from that structural area and creates a new one here Right now we're going to read the structure in here and understand what's going on and yeah We can still see some buying pressure coming in and then we're not out of the woods yet Okay, it's just back up to kind of a high volume node here And then let's see if maybe a false breakout occurs that would be Looking for sellers below this 97 60 area here somewhere around here Okay, and then maybe move back to 18 96 here Okay, I don't see it. The buying is continued. It's being strong. So maybe it's going to go for 1899 or 1900 up here all right, so Yeah, we don't see those sellers yet. So We're looking though. We're watching here Okay, so there's a few different scenarios to take a look at here In in gold. Okay, so here we are. Let's see if these sellers come in not yet And let's see the move back down to 96 Because that's where the liquidity is Okay, so we're back in the range now Let's see the move back down And maybe they can even make it back down to 94 here Okay, this is another high kind of high volume uh cluster right here at 96 Uh 96 40. Okay. We're already testing that right now So there's our test at 96 as well. Now they got out of the way So, uh, you know, and now they're now they're starting to show look at the demand come in here and we see buyers Come flying in as well All right, let's see it. Let's see if uh, so we made it back down to here and now the order flow We look at it and we can see the buyers up here Okay, and we're back up to this top of this range here Okay, or not quite to the top of this 98 area here If we get buyers up here, I'm looking for the breakout up into 1900 Okay, and maybe even higher here 01. Maybe even 04 here. This is a really nice cluster of buying here We're looking for yeah, we're looking for it 1900 here. Uh, this is uh They're they're trying here Okay, now if we get a pullback This is where we're looking for right here Okay, this volume cluster in here Okay, there's our 1900 Okay, right there. Let's see if we can continue on up top of the structure here lots of buying up here on the hook Okay, 02 looks like a good area too. I just see the liquidity up here at 04 You see 1910 on the five minute chart. Yeah, okay. That's pretty good area to uh, allen Yeah Okay, so anyway so far so good Uh, don't like this up here. Uh, I mean, this is strong consistent buying up here But see how it kind of waned and then look at up here exhaustion sellers Some sellers here. So, you know, we're looking at some back and forth in here Uh, I think at the moment unless all of a sudden we get a lot of buyers up here again at 1900 Then we're looking for the continuation higher All right, so that's what I see right now Let's jump back here. Oh, there was some I want to look at tesla maybe and then also, uh Was there twitter? Do you guys want to look at twitter? I know tesla was requested Okay, and uh, and we can take a look at twitter here too Oh, what is it? There it is Okay, I don't know why I'm getting that All right. I'm gonna have to close some symbols here. It looks like Yeah, I was just looking at cqg in here And we've connected to cqg for quite a while The cqg actually has full depth here now. They don't have mbo data, but they have full depth for The S and p here. Okay, which is e p from the cqg So I just want to let you guys know about that Here's our twitter. Yeah, a lot of selling just came in over here. You can see at 9 30. So Though this is this is pretty wicked We have a lot of people up here pre-market looking for the boost And there you are very trapped in here All right, so I wish we could see stops and icebergs and And stocks But yeah, and here's high supply here at 51. So maybe down to 50 where it broke out from Before we can maybe see it come back up How do you see dark pools? Uh, it's um, you need the mbbo data in here And then, you know, you'll see it outside like large transactions outside of best bid and offer It could be on best bid and offer. It doesn't doesn't matter But like we saw one with j trader the other day or the other month, I guess or several weeks ago It was like a million shares. It was one transaction and it was on best bid or it was on the best offer, I think But you know, there was nothing in the book there wasn't there wasn't a million shares in the order book. So it had to be a A dark pool transaction Okay, so yeah, you know, you'll see that, you know over the counter exchanges you'll you'll need that mbbo data though That's the only way to get it all right all right So let's see what about tesla over here All right, trade it up into a 1000 false breakout right back in the back into the Into the range here. It's still bullish though as you guys can see All right, and again structure here Okay, or here maybe maybe even a little bit better Okay, it's just testing it now. So there's a couple reasons to you know, look for something around this trend line right here Okay, there's some structure I mean, we might come all the way back down here but I mean, it's not far so not This is where the buyers came in though and that's what we're looking at here But you know, we're going to get some some buyers off of this area here And Maybe they're just looking for maybe a bump up here to about 96. So from 92 to about 96 right now all right Not not looking for much and and I don't know about the probability on that one either it doesn't look so high but You know just looking for a bounce off here just looking for some buyers here and and just a simple move up to You know somewhere around here maybe 95 Okay, just because of the structure All right, so that that's that. Let's jump back to this s and p Uh and see what's going on. All right. So, yeah, this this turned into a nice little kind of move We're uh, we talked about the move potentially back to vwap almost got there Uh, not quite. Uh, and then here this uh, uh solidifies our structural kind of insights here Here we go. This is where it broke out from Okay, and but this is Where we see the new structure Okay, and there's more buyers here. All right, they're going they're going for vwap here Uh, and uh, let's see if they can even make it uh to point of control here This is some pretty strong buying. So we need to see it continue here. It's looking good though Getting a pullback already Hey pull back to about here Okay, our little structural area in here There's actually kind of a few things to look at right there around 17 17 and a half and then let's see if we get buyers back off of that Back up to 23 Looking for them. Let's see if we can get them pretty dark in here And we want to see more supply or more demand at a higher level here Okay, there's a little bit of buying. All right buyers Let's see if we can reach back up to 19 or 21 Okay. All right. Do we get more sellers down here? Uh, allen you would get an mbbo data from uh, I go, you know log into book map dot com slash portal Uh, and then you'll see in the add-ons area. All right. All right So we get where we're seeing seeing these sellers retest this initial move here Now we get a little bit of a little bit of buying off of that All right, I want to go through something in here. I think you guys will find helpful and This is part of the educational course, but I I really think that This kind of education is you can apply it to anything any trading methodology That you use Suppose you're looking at, you know candlestick patterns or even like let's suppose this is like a like a Reverse head and shoulders. Okay, and you draw on your neckline and all that kind of stuff Uh, it does not matter. Uh, what we're looking for is buyers here Lack of buyers down here our lack of sellers down here We want to see the order book skew in here and we're not getting any of this right now So we're looking for sellers to continue then okay down to o9 and through it here Okay, so, uh Let's see there's Tested into 10 Okay, now we're getting some buyers Okay, there they are. All right, so we got some All right, nice cluster of buying. Okay, let's see now. We're looking for them to Continue here with this buying. Okay, so now this is we we've got this kind of reversal pattern in here And we're reading the order flow within it. Okay, we'll likely get a pull back here Uh, maybe to about 13 Okay, and if we get our continued buying we're going right back up to 20 Um, and uh, and then maybe back up to uh to vwap here. So, uh, here's where we're looking at this pattern in here Okay, starting to note. All right. Here's a little bit of buying bounce off of it. Nope This is where the the pattern was starting to fail here Hey, we see buying up here Did not continue we see selling down here Okay, it traded into 10 Uh, and then they started to buy here. This is where we're looking for the continuation at this point. All right So, uh, and this is a beauty it's a beauty here, uh, all the way back to vwap, uh, and and still looking for more here Okay, okay. There's there's 30 looking for 35 35 point of control Um, yep, just looking for that looking for tons of stops up here as well Strong buying let's just zoom out and take a look at this here. Okay. See the strong buying in here That that's what we want insight to Okay, so here's our move to 35 just about All right, and then let's put some bigger structure on this here Starting to understand it and here's our breakout Okay, so and here's our other structural area in here And looking forward to trade up to probably about here So 40 and the quiddity is up there at 40, which is nice Okay, that aligns All right, so let me take a big step back here. Uh, and um, let's take a look Uh, we got a few more A few more guys in here. Hold on a minute Okay, you want to look at nvidia? Pittsburgh t Amc Yeah, hold on a minute here. Just want to kind of tidy this up a little bit Facebook no one no one want to look at facebook, right? Which is fine All right, so let's take a look at this. Uh, a quick, um Review here back at the Tesla as you guys can see the We're looking at this trend line. We're looking at the structure and it just kind of dip below the structural line that we drew here And then the buyers came in here Okay, now I know that's really easy to read Uh in hindsight, but the buying looks great here So again, and it came back up to where they dropped it here But this looks pretty powerful. So I'm looking for more buyers up here at a thousand and trying to break out into Uh, oh two and oh three up here Okay, so they now let's read this though because they traded into this here this 1000 Totally absorbed completely absorbed all of it here We see, uh, you know 9 9261 shares traded up here at 1000 All right, and they're still up here with 2500 and Uh shares so that's that's there's still a lot up there All right, so we got it. We got to get through the this guy up here And now he just pulled some Okay, now it's down to 1400 1500 Okay, see the skew see the skew in the in the the the transactions and look at the structure So this is looking good for breaking out of 1000 on on on up to 02 and 03 Okay, so strong consistent buying but lots of buying up here Okay, and more buying again here and now we're looking to see all right. They're buying so it still looks good. It still looks Um, we're going with scenario number one We're looking for the move higher here There it is. Okay, 02 03 Now let's be careful here, uh, and take a look at also the the buying in here still it still looks really good And uh, but we this is where we really want to see that consistent buying in here And this isn't all markets. Okay, this is just a good example here Uh, however, it there's the top weight here All right, this is where the buying is is really kind of clustered Uh, and they're continuing to buy though. So we look for continuation Right the order flow. We're just looking for continuation here. Just simply reading the order flow Not having a bias in here Uh, just what is the order flow telling us and and where is the likely path to go next? Uh, this is this is what we do. This is the education here. It's not a trade recommendation whatsoever This is about reading order flow and being able to apply that to the way that you trade Okay, so uh, we covered we had a rough day on On friday, uh, and and uh, uh, you know, it's just uh Just really even though it was a down day and it really picked up later During the webinar. I mean we had the overall picture bigger picture. It's going down momentum. It's going down Then during the the trading session though Boy, it was kind of dark in these areas in here. You get uh buyers trapped on one side No continuation sellers come back down. They would get trapped on the other side Uh, come back up again and again and again and it just was there was no follow through Until later in the webinar. Uh, do we get any follow through? Uh, and um, it was kind of uh, kind of tricky to to read the order flow but So same same concept same ideas see see how it's top heavy up here Okay, now it's been consistently, you know buying here Okay, but we want to see like really You know consistent buying all the way through this is when we know traders are moving it away from areas um And uh, and here there's potential To get sellers kind of down below some of these areas. Okay, so down below 01 here Or down below this cluster here at 98 If we see sellers down there Okay, and and big selling then this is trapped volume up here Okay, right now you can see that these buyers are completely dominating. Uh, what's going on in here, right? So now we're up at 05 Okay, and uh, let's see Yeah, I don't see any any reason why this should stop it should hit 10 or likely hit 10 here Okay, it's strong buying and sellers are just going to get out of the way Okay, so uh, you know nice nice move here in tesla and Yeah, just recapping we kind of we were looking for it to unfold over here It had to kind of bounce around a little bit and then we saw the buying coming in here Well in hindsight, uh, but then we saw we're looking for that continuation here Right around well up to 1000 and through it and it's already gone to 108 and we're looking for 110. All right, so that's tesla Uh, and uh, let's go take a look at amc. Everything's moving right now. So amc looks pretty good too uh Little tricky. I mean, uh, you know, we can see the volume in here and and You know this kind of 1685 level here transacted See the big green dot in there and look what's above it here Right, so there's some buying But it really hasn't followed through yet on that. So This one, uh Yeah, you know, I guess we'd say like uh likely we're looking for the continuation here However, if you take a look at this here, uh, it's um Yeah, I it doesn't look as high probability due to the order flow And here's why okay, so we see the big move here Uh, and we see some nice buying in here. Okay, it's not bad Uh, but what if we get sellers down below this 84 85 level here? Okay, so then it will be a kind of a false breakout here Uh, and then we'd be looking and you can see, uh We got some some buyers down here at this level Okay, just coming in here 28 000 shares down here Okay, one player our large lot tracker showing that one player down here Also, uh here at 77 we have 6500 shares so high liquidity there Okay and uh Yeah, we're still getting our buyers here though Okay, and there's I was about to say 17 there's 17 Again, uh, yeah, I I don't like it in I mean here's why is the clusters up here Okay, now we go with the trend until we see something different But just look for the potential, uh, you know trading down below this area here and sellers Okay, but we're we're looking at these clusters here and yeah, you know It still looks like it wants to go to 08 and 25 here, but but we want to be very kind of, uh, wary weary of these, uh These clusters at the top like this. Okay likely a pull back here would be in order First that would be the first move Back down into about this 89 level here All right, they're bidding up here and they're still just we just see buyers here still But we're looking for some sellers below it here around this around 95 Okay, and then and then retest back down here about 89 It may be a little bit lower Okay, so understanding these clusters putting these clusters into perspective here So looking at some lots of stocks in here and we're going to continue to look at some stocks, uh, as well as futures And let's see if we get our pull back in here Just back down to 90 S&P must be breaking out too. It is Okay, it's trending pretty nicely here Uh back up here to the figure here 42 50 All right more buyers Hasn't quite traded 42 there it goes. There's 42 50 Now see how that's a stop run here Okay, this is what we want to watch Okay, what's the order flow around this this event here? So we if we get sellers back down below here, we're looking for the move lower We're not we're starting to starting to see some buyers still up here No, not much not much actually Okay, there they go. All right sellers. Let's see you drop it back down Okay, now that's not a whole lot of selling either But let's see if we can get to the other side of the range here around 45 All right sellers right here at 47 and then the dropped So this is this was the event. Okay, and we're trying to read it up here We saw some buyers and then not really many we saw some sellers. We're looking for the drop uh We're getting it here uh and There's our 45 Okay trading into 45 Okay, so careful here at 45 though Okay, this is where we saw a lot of buyers starting to come in right in through here You could go back down here 42 43 Maybe even 40, but uh, I would imagine we're going to see some buying or some covering here And if not we're going looking for right down to 40 here Yeah, it looks like that's the scenario here Careful here. It's really dark in here guys. Uh Be be careful with some of that There there's our move into 40 And now we should we should find a we should get a bounce out of here would imagine This cluster here this this volume these these transactions in here Not not much. We're not looking for much. We just uh, just a bounce out of here And let's see it right here buyers at 40 No, not yet. No, they're just not showing up. Okay back to point of control All right. Anyway guys, I wanted to get to um Uh Let's let's go over the uh higher time frame here. Okay. I wanted to get to this and Um, hmm Yeah, I think like I said actually what we'll do is we'll look at the um Micro structural uh time frame Uh, and then we're going to extrapolate that to the higher time frame Okay, this is kind of like our education Uh that uh that we go through Uh and reading the order flow at this very very low time frame like a binary like, uh time frame here Okay, and understanding the order flow here That's where it can be extrapolated because I think a lot of meaning is lost Uh when we start to look at, uh, you know, uh bar charts and and and other charts that Uh are displaying all sorts of different types of of data and visualization Whereas, you know, what book map is showing here is is really simple and really straightforward This is This is not some sort of wis bang indicator. This is just showing you pure market activity Right, we're looking at just three elements here on this chart And you're just you're just looking at best bid and offer streaming over time. There's no bar data here Hey, there's no aggregation of data. It's pure price action All right, that confuses a lot of traders right off the bat if they're new to book map Okay, and and here's here's what I mean. Here's a candlestick chart. And this is a Is it a five minute? Yeah, like we can look at a minute candlestick chart Oh, it is a one minute. Okay, um Every minute you're only getting four data points here open high low and close And you don't see any of the price action between it none None none whatsoever You're just looking at a bar of aggregated data and then it's closed off whenever that period ends Okay, here you're getting a real feel for the price action. Okay, just with best bid and offer And that's that's very very simple data. All right. I can just demo this here. I sorry guys I need to go through this point. Um, this is but understanding these market mechanics Once you understand this this will change everything And um It did for me at least put it that way Okay, in my opinion like uh, because we've all studied just about everything From Elliott wave to candlesticks to patterns to to market profile volume profile to Uh, whatever it might be like we've we've looked at it We've all looked at it all of the indicators million or you know hundreds of them, uh, and uh You know putting together different trading plans, etc When you all boil it down though, uh This is understanding What moves the market and then applying it to some of those other concepts? Will um for me it was a it was a kind of revelation It's like, oh, that's how the market works Okay, and then what it did was open up Now I can understand candlesticks in a very very different light Like uh, look at the kid this this made a new low here. All right. Do we get buyers up here? No All right looking for continuation and this candlestick pattern keep on going down to 25 All right, just reading the candles in here, but read the read the volume and read the order flow Okay, it's such a simple thing And this is what it looks like if you don't have this Okay, so you don't have the heat map here. Uh, you don't have the um The volume here Hey, or let's say you don't even have best bid and offer. You don't even have that. You're just looking at candlesticks And trying to read and understand really what's going on the market by looking at this and then understanding and reading in a book about the the uh Or following somebody that talks about candles and like, oh, yeah All you need to do is like buy when it comes up above here and closes above it That's just it just sounds insane to me Well, okay If that's the the the candlestick that you're a pattern that you're looking for for a potential reversal Okay But let's look let's confirm it We'll confirm it with the order flow and this is where the order flow will will really be helpful here Okay, so here come some buyers are going to retest this area right here at 32 Okay, so let's see if they They go for it here top of the range now The question is though, do we get lots of buying pressure in here and see them pulling here at 32? All right, do we get more buying? Is there more demand underneath here? Not really so it might pull back here to 29 So we're almost at 32 Okay, basically it did it. It's the concept is up in this range up here Okay, and now we're looking we're not seeing a lot of buyers underneath. So we're looking for a pull back here to 29 Okay, and look at the offer here. So all it did was retest up here Okay, so now do we get a lot of buyers up here? Not really Right. All right. Now are we getting sellers down here? And then we're looking for a test to the other side here back down to 27 Because this is where we see these wicks of buying here Well, let's see if the the sellers can test this area again Right now they're not Now we're back up here. Now now we're seeing look at the bid Do we get buyers here? Yep. All right, let's see them break out to 33 And there we go 33 34 Okay, back to point of control Okay, so just understanding these elements here in the chart It will just it will open up everything here not just candles We can look at patterns here. Here's our reverse head and shoulders Hey, or you want to simplify it look at a trend line break And it's the same concept Whoops Okay, so ray Okay, here's our trend line break. Here's our structure. Here's a structural break here and then look at the volume here Great. All right. Well, that looks like the reversal pattern. Okay now. This is actually one of the patterns we look at Does it continue we've got leg one Leg two has failed here. Okay, so likely a retest back down to 31 Okay, and we may even get a break of 31 here if we get enough sellers All right, so uh, and then you know probably back down to 28 or you know continuation of this downtrend Okay back down to the lows here 27 All right Does that make sense Uh for you guys do you understand like uh How we're reading or putting this together with different trading plans Okay, so now this this worked out really nicely, you know for for this move here, uh, and these other moves we're looking at Okay I'm so bad. Just uh if you guys can give me some feedback here like is it this is too too simplified Uh, you know Or is this uh, you know too, uh I mean, I think the simpler the better Okay It's uh, you you've digested it. Yeah. I mean, uh, it's um Hey dove, how are you? Nice to see you in here. Um Okay, helpful Simplicity is key. Thanks guys. Um, okay. Yeah, I it's it's um It's and we're just looking at candles in this time frame here This is why I want to extrapolate it to much higher time frames Okay, because it's the same stuff it really it just doesn't matter It's still all different orders is what moves the market without orders. There is no market Okay, so, uh, anyway, um, that's uh going over some candles And starting to understand like uh rejection Uh areas ranges, uh, etc. And now look at look at funny funny stream of buying coming right back in here All right. Now we're looking for See now our leg two here. We didn't get it here. We got it here though And we're getting we're getting leg three now here Okay, and we're getting continuation. So we're looking for 40 Okay, let's see if we can break out from 40. Did did 40 liquidity trade yet did All right, so maybe a pullback now. Okay back down to here 36 Okay There's our pullback to 36 now. Let's see. Are they gonna buy off of here? It doesn't need to go a little bit lower here back to maybe 34 to find buyers Okay, let's take a look We don't even have best bid and offer up here Okay, there we go All right. Yeah, okay. We're just finding some buyers come back up to let's see if they can maybe Reach back up to uh, this kind of this this volume cluster up here at 39 39 and three quarters is where the the liquidity is Okay, I like it. The buying looks good here. There we go. Beautiful. All right, so we're getting we're getting continuation Okay, we got the we got the breakout. We got the pullback. We got the continuation Just by reading the order flow in here on this very small time frame, but this Here and yeah, let's see if we get a failure of this here now Lots of sellers in here and let's see if we can get a move back down 35 and tons of selling down here at 35. Let's see And then and then we're looking for a break of this now Okay So yeah, it's breaking it's breaking this trend line So this move looks like it might be over Okay, there we go. All right sellers. Let's see and move back down to 30 to 30 31 somewhere around here. I like 32 actually Uh, the liquidity is down at 30, but uh, I like 32 this structural area here Where we saw this kind of reverse head and shoulders, uh work Okay, we're down below 32 already just tested here 31 still. Let's see if they can take it lower here 32 or 30. I'm sorry. That's where the liquidity is All right So anyway, as you guys can see reading reading these structural areas or just reading what moves price here And it's very very simple. It's the aggressor the aggressor moves price And here it is demonstrated Okay, so we see buyers come in and we can this is where we can really and this is truly microstructure Okay, uh You know, this is the the proper uh definition of microstructure when you're starting to look at these time frames here Uh, we're down at microsecond levels here And we've seen every single transaction and where where the transaction is taking place It's a um, what do you guys think where the transaction is taking place here? Uh, sorry guys in youtube there. I'm getting to your questions. Um, I will answer David and others here Yep about exhaustion, etc. No problem Yeah, just ask exactly Oh And that was the answer. Yeah, exactly. Um, it it's transacting here on the ask Okay, and the and these are buyers here, of course aggressive buyers now Let's look at the liquidity here All right, so we have a 23 here in the order book Okay, 18 has transacted here so far Uh, and uh, you know, we can really zoom into these areas here and look at micro or I'm sorry nanosecond level um, but um Uh, all right, so still transacting. All right, great. All right. So now there's three contracts left All we need Is four more market buys And if we get that we're going to move up here and it's going to transact and it's going to take one off of this, uh 29 on the offer here these limit sell orders up here Okay, so it'll be 28 and we'll see a green dot up here of one if if that scenario plays out Okay. All right. So what happened here? Okay, so what what happened was They pulled that liquidity in here Let's just zoom in so we see three They pulled Okay, now we're up here So the next level there's these three are gone So now now we're up here Okay, best offer 29 up here. Okay, best bid followed up see look at how the spread widened out here Okay, and then best bid followed up. All right now. Let's see where the next transaction takes place. So right now The last transaction was here at 32 25 And we're looking to see What might move price now if a seller comes in here and hits hits the bid. Okay, and we see a red dot here Price didn't move but It's a seller now And this is where you'll see this in your dome as well the different colors like uh in your dome, but um the uh And and we we address this actually with uh when you see sometimes you see this white number here in front Uh, I can I can demo that for you guys Uh, and uh, if you guys have questions about that, uh, the aggregate of the last trade Okay, so we're actually seeing 26 trade here and um, uh, let's just see if we get one on the offer Yeah, okay. See how it went to 27 30 i'm sorry 30 31 32 Okay Here's why It says 32 here in white because this is the aggregate at this price level This is what is traded, but the last one here is a cluster of six cells Okay So 34 here for this viewable range right now all of this buying in here 34 equals 34 because it's all buying and but now at the same price level Okay, best bid not for changed and now we see sellers, but price has not changed yet And now if we get a seller down here it will Okay, no we don't we get a buyer here And now it it uh, it aggregates again here and it so it shows now it's 33 Uh, and it shows one here last one was for one contract Okay Now what I want to get to is understanding these Transactions and this is just back and forth right now Okay, here we see price move though. Okay, so now 43 And uh, and this is like the one of the simplest, um Uh volume profiles, you know Distribution you'll see one level here. There's there's nothing at the edges here at all There's no market for it right now. No one's interested Okay, there's liquidity there, but no one's trading it until Best offers up here Okay, best offer bid and offer they're pulling and adding liquidity around and then it starts to transact up here Okay, we have one more transaction here on the bid Okay Of one and then someone came in with with aggressive market buy Uh of nine here Okay, and uh, and they move they move price price finally moved after all of this here And we're only talking about 30 microseconds or so within here Okay, so you know Uh millions of seconds basically All right now price moved Okay, and now it's transacting up here. So aggressors moved price once this happened up here price moved That we're going to extrapolate to much higher time frames Oh, man, and we're missing this beautiful move to the downside the bigger picture move Yeah, well we we're looking for it. Um The that potential move here, uh, and then the sellers down below this area So and still looking for it looking for them to trade into 15 And uh and down here, but what the point I want to get out here is now we're starting to look at Let's try to find a micro range in here Okay of current price action might be a little more helpful This range in here and all these transactions in here is the same concept Okay, it's within a range here and then where where's the volume trading within this range Okay, well we can look at our profiles here. We can look at the dots. We can look at the bars Uh, et cetera But within this range here, we're trying to get some insight And we're just talking we're going to dim the heat map for right now Okay, we're just going to look at the um the volume trading in here And uh, we see sellers buyers come right back in. Okay, so I'm not getting too much out of that Uh, we come back down here. We don't see many um sellers at all In fact, let's go over that concept of exhaustion Now exhaustion Is basically when we don't have Any sellers down here at all now it so there wouldn't be any red dots down here It tested down here and there's nobody And it trades back into the range Okay, and the range in this case on this micro uh structural level here the range is right here at 2150 This is the the range And this is the high volume profile or high volume node here Uh, and then that then you can see though like uh buyers come in and and they lift it they lift the offer All right, so now what about lifting it back up into this previous range up here? Okay, it looks pretty good if we can get more buyers up here All right, so let's just suppose this is this answers the question Sorry, we'll look for a better example of of exhaustion. We'll see it. We see it all the time I mean, here's some exhaustion up here I mean best offer nothing trades up there Uh, and And see how the these buyers here are kind of trapped. They're they're buying up here. They can't lift it Sellers come in they they lower it here And then once they start to get down in these lower areas here, you know This is where we're looking for them to move it and see how they're transacting down here in this little range Okay, but these guys are now trapped this this is kind of trapped down here when these buyers come in and start to move it away All right, so now what about up here? And there's it tried multiple times to find buyers up here and it can't even make it up to here It got some buying in here. Look at the sellers on the other side All right, I'm looking for them. I'm looking for the sellers to trade here at 21 three quarters If they get enough sellers there, we're looking for a drop and then potentially maybe even a break Hey, the drop would be down to here Initially just just a couple ticks of course, but you know This is where I'm going to get we're talking about structure now We went from what moves the market and now we're talking about structure All right, so Did we get the sellers down here? No, we didn't Okay, we come back up again And we're getting buyers at these higher levels here Okay, so we never got our sellers down here that we're looking for this looked pretty good We needed to see the sellers down here and then we're looking for the move back To trade back down here now. We're still Looking at some of these areas in here Okay, but we're getting more buyers up here Again more buyers up here and a breakout Here's our lack of buyers or sellers here and more buyers here great. It should continue And it it does it goes up here right now This is where we're watching Sellers down here more sellers down here if we retest down here with sellers looking for the move lower bottom of the range here Okay, they're selling there's some buying though, too And I'm gonna this gets in the way. That's why I turn this off the aggregate The white number All right, we didn't get our sellers down here buyers trying to take it away Okay, but if we get sellers back down here below 22 and a half, I'm looking for it Okay, no, we're getting more buyers. All right Okay, now we're back down here Now do we get sellers down here? Yes Let's see them move it and Back and forth back and forth. Nope not yet Have to retest this area again. In fact, we got we got buyers back up here All right, here we go. Now you can you can this is foreshadowing here It's telling us and that now look at the sellers come in And we know that we can see it here. All right, this looks good though. They're going to pull it away from this whole area here And they actually got trapped interesting. All right Does not matter here And this cluster here They came down to this 21 uh 50 Was it 21 50 we're looking at earlier? Down here That's where they came to So then they tested that area here Now they they they had this this is where they have the potential to move it away Because that's a lot of selling and it's a stop run too Okay, and this is this is tricky in here, uh because they're up ended And once the buyers get back up and look at the retests here. See how they just retest the top of this range here Okay, and then come back up. All right now. We don't get buyers up here We see more sellers All right, let's see if we get more sellers Likely around here around 23 and a half. Let's see if we get them. Okay. I don't see buyers here Okay, it's looking good Sellers, okay Let's see if we get our sellers back down into the bottom of the range in here Okay, back up sellers. Do we get there's some see how it's auctioning down here? Now are they on the hook or did they follow through? Yeah, it looks like they're potentially on the hook, but they're auctioning here That's where we're looking for our sellers here at 23 and a quarter All right starting to get some It's not really this isn't the the clearest example in here But they're starting to they're starting to nibble away so we can get down here to 21 and a half Here they come There's our move 21 Okay, and now let's just zoom out a little bit more in our range Okay, so now we're starting to get in our bigger picture here In our range We're starting to see some selling down here All right, so If we get our more if we get more sellers down here, we're looking for the break and we don't Do we get them back down here again? Let's see. Let's see looking for it sellers. Okay There they go Anyway You can start to understand the volume within these areas and then Now sellers here Sellers out of lower area here. We have our context in here as well. Look at the exhaustion up here This little buying cluster not bad totally fails though And then look at the sellers come in on the other side more sellers here as well So we're still looking for continuation And and it follows through okay pretty nicely there All right now that understanding of within this range in here Is starting to understand where this volume is trading and transacting And we're just talking about volume right now Okay, we don't have the other context who's on the other side of the trade But what I want to get to is Extrapolating that to even your monthly chart your daily chart your hourly chart your 15 minute chart Okay, that binary and we started from Understanding at the lowest level here. What makes price move? Uh, and then and then started to zoom out and look at uh structure Okay market structure and where's the volume trading within the reference of that structure Okay, and then once we have the heat map too, we really get a lot of insight All right. Well, is there a lot of a lot of people on the bid here? No, they're what there wasn't Okay, well are they on the offer up here and do they take these guys on? No Okay Here's on the bid a little bit. All right. So now we're getting some insight here. They're on the bid here, but Sellers are going after them and now they're starting to pull. All right. Well, then we're looking for sellers to drop it down to 21 Okay, and then down to 20 they want this liquidity And there they go Okay, so uh, and then they they trade into it, but they can't they They didn't get through it. We see buyers come in on the other side Okay, so we're looking for this cluster here to test first And then maybe the bottom of the structure here Where sellers kind of took control of it? And you can see they we didn't get quite up there and then we get this exhaustion here Okay More exhaustion that little cluster up here And then and then our sellers come in and they really they hammer it Back and forth kind of tricky in here. There was some really, you know, it came back up and retested these guys one more time All right. So anyway now that extrapolated to this And we can look at our daily chart here Okay, so two big red candles From thursday and friday last week And we're getting continuation and we'd be we would be looking for continuation here And there's a lot of momentum and where they want where are they going to go? Where they're going to go back down to where there's buyers here This is where this move took place and we see the wicks and the buying here Okay, starting to slow down a little bit And the day is uh young, uh, however, uh, uh, let's see if we can get back down today Uh into some of these levels here and that we can now start to even move um Some of our lines here But I hate to move some of these lines, but I'm gonna do it Okay So back down into here. Maybe even here. Let's just draw it up. Okay, 42 51 Now I'm looking for this kind of area in here 41 82 down to You know 41 30 so kind of you know 50 point range down here All right. So now what about in here? All right. Well, here's our gap Uh, and then you see the move back down below the gap retest all the way back up here On the hour chart and now we're back down All right, well if we get sellers back down here a lot of selling we're looking for the continuation Okay, uh, and uh now what about the 15 minute chart? Okay, so same ideas same concepts Understanding in here ranges and look at the look at this right. It's a two bar range Well, we can look at this range in here on the 15 minute. That's fine Okay, and look at the range in here I mean it's pretty pretty clear I mean sellers Okay buyers retest all the way back up here And then sellers come in again. Look at the the wicks in here and and the and the continuation now This is where those buyers came in earlier right here. Okay, this is at 42 10 Okay, so we're looking to see if we can get a lot of volume here on the sell side around 42 10 or so exhaustion on the on the uh on the buy side Uh, and then looking for the continuation below and below this 4207 and and potentially down into Uh this range down here. Okay on the daily All right, so we're looking to see if we can get back down in here Okay, so 42 10 down to 4207 All right so same ideas Uh and on the high time frame and then into book map on the low time frame We're going to read the order flow to go in line with that So it's it's actually already traded down to this 42 10 as you guys can see Okay, and and there's tons of liquidity down there and it there makes it makes good sense that there's liquidity down here Uh just by looking at our higher time frame range there Okay, and then now look at look at the uh the move away from this area. This is that trap volume. We just talked about Here okay, and it's also a stop run here Uh, and uh, and this is where we're getting we're getting our back and forth in here Like uh, uh, they came back down and kind of retested here where that selling cluster is right at round 11 11 and a quarter or so Okay, and then look at the uh This is this is where they're moving it away Where buyers came back in on the top of the range here. There's some up here. I don't like it In fact, I'd be looking for the continuation to happen here Again, at least a retest back down to 11 with the selling here. It didn't follow through Okay, instead what do we get here? This is where the order book comes in and is helpful Okay, they're pulling here They got they transacted here at 20. Okay, but they don't want to be sellers here Uh except for at 20 Hey, they want to be buyers here and the reaction to this buying in here Um on the bid and bid bidding up at these areas here was more aggressive buyers And there's our context Okay, so we're reading the order flow here Okay, now again, look at the context here at 20. There was we know this trans transaction that took place here What if we get sell it? What if we get sellers below it here? Okay, looking for them to continue on down to 14 Okay, uh where they broke out from down here Uh, and then continuation we got to get back down into 12 and then we got to go through 10 To get to our 07 level. Okay. Now. I don't see much down here at 07. So we're lining again the heat map in here Okay, they're down at 02 and and 4200 All right, so let's see if uh, we get enough Selling to trade back down into those levels And we don't see it yet. Now they've traded now. This is kind of a on on this time frame This is an important level right here Okay, this 42 20 transactions taking place there buyers above it sellers below it Okay, it's the under over line in here looking for more sellers right here right now and let's see if we get down to our 14 level Okay, and now look what did they do down at 14? They pulled that liquidity So they don't want to be buyers here. So let's see if sellers can even drop it further Okay, just reading reading the order flowing here. See how it's dark in here See other is down now. We're coming back down to 10 And we just went through this whole process of reading small time frame and understanding what moves the market Uh at market mechanics, and then we extrapolated that to a smaller micro range And then we extrapolated that to Our much higher time frame And here we are and here's the move Okay, and this was the anticipated move Back down into this 07 low, but then the the help here with book map. We're already at 07 Okay, and that's probably going to get a reaction there due to that swing Uh, but the liquidity is down lower They're down here So if these sellers want to meet the buyers, they're down here Let's see. Let me get back to these questions in here. But does this make sense to you guys? and what what um, I think what's important here um is um uh Once I think like like I mentioned earlier, uh once that you um At least for me like I kind of put aside like what you've learned before Uh, and then understand what moves price This it will free free your mind to just to to do any strategy If you want you want to trade cvd Read the order flow Match it with match the cvd reading with the order flow. You want to trade mac d crossovers one of the most I mean, I it's the the poster boy for Uh, uh indicators Uh Or like rsi or something like that or stochastics Read the the the order flow and then match it with your your indicator Hey, and your your price structure Hey, and you will see a completely different result. I think You know, I mean it can only help Uh, you'll understand what's behind the moves here Let's see, uh, rob. Is there any way to draw linear regression channels in book map? No um Yeah, we don't um all these kinds of um, uh indicators, uh Heat nation. Uh, yeah the um, uh the stream is full. Um, but you can jump over to youtube Just go to our youtube channel. You'll see it streaming there You just do a search for book map is you can go to book map.com slash youtube and that will redirect you Okay, we've got a little bit of buying here um And a little bit of a false breakdown so far. Uh, so we're back up above 10 here Okay, and finding some buyers here Still fighting it Okay, but the move that we were looking for followed through or didn't follow through it made it though Yeah, it followed through it it actually did break the low here very slightly. We're looking at 07 And uh, it did that Now we're still looking we're still bearish here on our higher time frame and looking for the move back down to this kind of uh 41 80 Okay, but you can see the buying pressure starting to come in on that 15 minute right now Okay, well, we might find more buying pressure the utter floor order flow might you know, uh change here completely It might flip We might find tons of buyers in here Then we're looking for a move back up here at least on this 15 minute chart And test this kind of 24 area 25 area All right, so that's the uh Uh concept here Hey by reading the structure in here. So here look at the buyers come in All right. Now let's see the move back up here to 25. Let's let's let's verify it though All right. So yeah, not bad. Okay. We're back up into this area where that 20 level though is important so likely get a pull back okay back to here 15 Okay, because we know that 20 area is important from our previous analysis here All right, and then let's see if we get back up here and see more buying And then we get let's see if we can get followed through above above 20 Okay Not no no support here on the bid Okay, they're down here at 15 We're still finding some buyers in here All right, here they come. All right, let's let's see. I don't like it as dark in here sellers can move it right back down here Hey, but more buying is in here. So we're looking for you know, the move higher basically We just don't have all the pieces yet Hey, so it's less likely look out for the trap Okay, and the move back down below here So it's a higher probability trade You know you look for these pieces to align uh in the order flow And that'll keep you out of so many bad trades Hey, there's there's buying pressure in here. There's no doubt about that Uh, but they're not really showing on the bid here Okay, that uh, you know not clamoring about this move. That's what the market is telling us That's what the order flow is telling us All right, let's see. Let's see if we get buyers here and the bid here. Let's see. I want to see that bid light up it's not Likely the move is still higher, but like we just we just don't have all the pieces All right, let me get back to some of these questions here Okay, David, did I I think I went through the exhaustion for you Uh several times But that's a really important. I'm glad you asked it's just really important Can I show examples of when price move up or down but at the same time bookmap didn't register any transactions Well, yeah, I mean just that's pulled liquidity basically. Um, and uh, the the bid and the offer are wildly swinging back and forth and Um, yeah, you'll probably see it on on much thinner markets or maybe some stocks Um, let's look at gold here Yeah, I mean you can see some of the You know like in here like there's no transactions and you know They're pulling and and you can see the spread in here, etc See how the heat map captures the pulling as well Can you just take the levels? Not sure what you mean What's the difference between exhaustion and rejection? um Well rejection is just meaning that uh You know price, uh You know came up to an area Um And it it didn't accept And You know sellers came in and uh and and moved it away now. That's how you get your wicks Okay, so Uh and and and that's how you find like who's in control like up in here in gold See how this little area right here is kind of key Um, this this this cluster this transaction It's actually even a little bit higher here is is this kind of swing in here Where buyers lack of buying buyers On the hook here Hey and the sellers take it away All right, so now this would be Like a false breakout But this area rejected When sellers came in and moved it away All right, so that's not it it can be exhaustion, but uh likely it's trading up there and it just it didn't accept Okay, if you talk about like a tpo is with market profile um That's your low volume node. You know where price rejects or it With market profile, it's you know, there's it's the time that it accepted up into an area Typically if it accepts up in an area for a while it means that it wants to trade up in that area It's found value But if it trades very briefly up in that area and then trades away back into the range That's rejection Okay, it does not price is not really accepting up there. No one no one wants to trade up there Okay, and that's uh, that's rejection Okay exhaustion is it would be um likely a part of it You know, you'll see the Exhaustion on the buy side in this case you don't I mean you do see it up here a little bit Okay, there's just nothing trading up there not much At the at the very very top that actually the the the trading looks pretty good in here But here you can see the trap and where it's just kind of you know moves away pretty quickly here And and look where it went. This is why these these markets are they're they're fractal this goes It happens on all time frames So and then you can also extrapolate this into your your patterns like head and shoulders This is exactly what happens on your head and shoulders. In fact, you see liquidity here Filled and then it comes back down and then it it it pulls away here And this is pretty typical and you even see on the on the offer here Look at look what happened in here sellers come in and they come in on the offer Hey at a lower level here. Okay, they're they're they're kind of holding it or trapping it below 1900 the figure here And and that's how you can get caught up in these traps And there's your rejection All right, and that's going to be obviously long wick on your On your gold chart on your 15 minute or whatever Five minute. All right, let's see our s and p here Yeah, interesting move all the way back up again. Okay, so we were we were looking for that drop Um, we got it down to our level Okay That we covered here And here we're looking for the movement back down and to see see it See it down here and see if we get continuation and we didn't then we saw the buyers come in and what do we say? We said 24 25 right right right in here Okay, we've already spiked through it And we're back below it now Okay, so here again is rejection up here. We're we're still finding like You know a lack of a market up here Right, so now I'll pose the question So if if you have a lack of a market up here Where do you think it's going to go? Okay in an auction in in any auction You know farmers market for potatoes Where's the market going to go? What do you guys think? Well more than down. I'm I'm that's that's the that's the right answer as well Oh, okay dove. Uh, you want to see my stop on on chart settings? Sure Fair price exactly stock brock Um, we're the more the most value or volume traded exactly exactly spot on Where it can transact where there is a market for it. That's what we're looking for for it to trade back into where it can trade Right because it rejected up here We found buyers initially Okay, and it rejected down here too You know because we found buyers down down here Right, and then it rejected up here Now the question is are we getting enough sellers in here to try and retest back down here again? Not yet. It's just trading back down into here And that's it Okay, but then we'll look at book map here. All right, so it's back down in here Uh, let's take a look at the order flow Okay, are we getting our uh Our sellers down in here well, and this is where I just book map is just is It's just showing everything uh here here. Look look at look the sellers trade into this and through this area here And look at all this volume in here and up in here Okay, really understanding this dynamic in here is this going to be so helpful Okay, and then we're getting more sellers down here All right. Well, then let's get back to 10. So I'm seeing selling pressure in here I'm looking for 10 and back to This area here And if we get more sellers we're looking for a break Okay, then now we're looking for a break if we get seller more sellers down in here Okay, it doesn't reject Okay, we're looking for follow-through on the sell side. We've tested it a few times And now we're looking for fall is see if we get follow-through And why why are we looking for follow-through here on this time on all all of these time frames in here? So we're looking for follow-through. Yeah, momentum to the downside exactly I'm so bad bigger picture momentum to the downside the pressure is to the downside And this is again like understanding like what the market thinks of this like it doesn't matter like what the fundamentals are Now the fundamentals are very much in line with this move And I know a lot of you guys look at the fundamentals and then look at the order flow to align with it It's a great strategy All right, but Basically the market is telling us like there's a lot of selling pressure in here So we've tested this place a few times and now we're looking for follow-through to the downside now We just made a low or low And and and it's it's bouncing here. We're still we're still fight the buyers are still fighting it in here Okay, so let's see it Okay, so Boy, it looks pretty bearish to me Here's here's 10. Here's below Uh, we were looking at this liquidity. They were at 05 earlier, right? Yeah They were at 05. We had to do all of this back and forth And we're still looking for the move into this lower liquidity here 03 now they're showing here They were showing at 02 or so or 01 somewhere around here. They moved it up as you guys can see Okay, but they're still down here at 4200 the figure All right, so we're looking for kind of retest back down into those areas Okay sellers in control moving it and and moving lower here Thanks, Doug. You're giving some good insight here. I don't have spy up Uh, so I cannot verify that but uh, you're you're saying third test of spy at 42 420 excellent, uh, you know, we um, I have had dug on a few times. Uh, he um Uh, looks at some of the He's he's trading the futures and stocks a lot of stocks Now guys look see the buying coming in here and look look at the the selling in here right so Potentially upended here. Okay another maybe a retest back up to here Uh around 15 maybe our 20 level. We know that level is kind of important Okay, now do we get our follow through here? Let's take a look Yeah, I mean So there's they're on the bid they're on the bid here. All right, so kind of inching higher here Okay, we're already at 15 Okay, and that was the swing Up here Okay, and let's see if we can let's see if they can move it to to uh to 20 now 20 Would be breaking that structure here. All right, so uh, uh, we want to be careful about that Uh, we also want to go through the next scenario here. So a lot of buying pressure coming in tons Tons, this is not a low volume pullback Hey, this is high volume high volume right now So there's a battle going on here But if we get down below 10 on the sell side look for 4200 the figure All right, so again like if we we're getting see see see the wick and the rejection here or some rejection here so far at least Okay back into what high volume node All right, so uh, yeah, in fact, so yeah, they're going to go for 20. It looks like Okay See how the all of this aligns It all aligns pretty nicely. We're looking at our levels here. We're understanding what makes the market move and extrapolating it to a higher time frame Okay, let me show the um stops and icebergs in here Uh on chart for dove and his friend. Um, so uh, this is this. This is what I have here I use the automatic threshold individual threshold 60 minutes Uh with just multiplier of one right now. Um, it's that's a little much for me I'd probably move that multiplier up a bit more Okay So it I have less, uh readings in here. I don't need to see all of these anyway All right. All right guys. Well, let's let's wrap it up. Thanks for coming everybody. Uh, tom b is next So we'll can you know, he'll continue The analysis here. Uh, it's on discord. Uh, so uh, join His room over there. Um And he's going to be going through a volume profile Uh, and how he trades the markets right, so uh Here we're going through kind of more foundational order flow and then extrapolating understanding of that to any trading style right, so, uh, uh, yeah We'll uh, we'll see you guys tomorrow Uh for the um, uh advanced webinar, uh, tom b will be up next uh over in our discord channel Thanks guys. Yeah, take care. Bye. Bye