 Good morning traders and welcome to the book map all markets webinar. This is Bruce at book map. Good morning, and we're gonna go through the order flow analysis using book map on any of the markets that we can connect to that you Guys want to look at typically we look at the ES or the S&P e-many product because that's what you request but we can look at Bitcoin or Ethereum or Get stocks etc. Okay, or other futures markets So yeah, we do this webinar every Monday Tuesday and Friday at 10 a.m. And this is like a foundational webinar So I'm the lead educator here at book map and I want to provide everybody with an understanding of order flow so that everyone can learn from that And then implement that into any type of trading strategy. Alright, so this is the foundation here Let me just show you a bit more about that if you go to book map calm you click on the more button here You go to the learning center here. Okay, so how to get connected to book map Getting started this course here will go through all of the ways how to use book map the features and components Very short, but concise videos. Then we have the market mechanics A course as well that will go through the basics of how these markets operate. Okay from the binary structure onward And then this again is like a foundation here And then we have all of these other pro trader streamers here. You can see that we have 18 I think we have 19 all together and we're adding others they cover all sorts of markets languages and and Different ways of trading Scroll down a little bit more and you'll see our calendar here, and you can subscribe Click on one here, and you can add it to your the email event to your calendar. Alright, so the Idea here is to provide this education for you So that you can trade any way that you want using order flow It works on any strategy if you're looking at patterns If you'd be looking at MACD moving averages, just make sure it matches with the order flow now You have a much higher probability trade Okay, so you can reach out to me on discord bruce had book map and then on my Twitter handle at flow order 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 substantial risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results. This is for education. It is not financial advice All right. All right, let's take a look here. We're going to jump into the SNPE many and just we'll go over the order flow Briefly here what we see in book map Interesting stuff right off the bat usually is You can see the 830 PPI data that we had here the Obviously the market didn't like it it moved down into this high liquidity here This is what stopped the market from going down further We see the retest back up here and then we have liquidity here here and a little bit more down here And we see some back and forth Continues on down and then look at this cash open here. Okay, and move and move to the downside immediately However, we're seeing a lot of buyers and look at this bid here 4460 Okay, this is how book map can help you you without this. This is what it looks like It's even worse than that quite a bit worse and You know It's not a sales pitch. I'm just showing you this is what it looks like if you don't have it You know, you see your candlesticks and you're trying to read this me and you maybe have your volume here Okay That's great. But what about who's on the other side of the trade here? What does that bid look like are they are they accepting it? Are they getting filled in those areas here? Did they get filled on the way down? Did they get out of the way on the way back up? Or is there more buying pressure that trades right through it and continues on up? These are the questions that we want to answer To get better insight to what's going on and it's very simple to do in book map Okay, we use the heat map to show us that we take the candlesticks off you can't go over candlesticks again but We can look at it here And then we look at the heat map And then here's our answer getting filled filled filled filled No one interested in tangling with this high liquidity in here buyers come in and we're right back up to this PPI data up here Okay, now sellers still in control from this time period onward All right, so but we see a lot of heavy buying here We also had news here in a University of Michigan sentiment market seemed to like that one. Okay, and where did it go? High liquidity here at 4480. This is what absorbed that buying pressure and we haven't really come back up We've come back up here again, but we haven't broken it All right, so maybe we just go back and forth within this period here These are the things in the scenarios to go through and understand what's going on here In the order flow and the transactions All right, let me get to any questions here. No, we're good on YouTube and are we good overall on discord. Good morning guys Yeah You know what we might go through slow down I saw that I mean in Stan some some just you guys have been doing some just excellent worth work Sloth also Rob We may go through some of your images here that you've posted in our discord guys You might want to come and join us over here in discord I mean really high quality work here by some of these guys as you can see going through the order flow in detail And being able to Understand or they're marking up their charts This is actually part of our book map Academy course if you're interested in that so yeah, I Will go through these things and we'll give a little bit of coaching on this kind of information as well Very clean and clear Explanations here by slowdown looking at his Wyckoff spring in these areas here And what is he looking at down in here? Not just liquidity. He's looking for a stop hunt He knows the momentum in this and the buyers are in control He's looking for a stop hunt rejection buyers coming back in top of the range And then maybe breaking the range to the upside here, which I think he documented and he hit his target here Just beautiful stuff right doesn't doesn't get much better So and then Stan has been really good identifying exactly what we're going through here in these webinars, all right, so Yeah, if you have any questions over in discord, we may go through some of those I think we'll take we'll certainly take a look at the Wyckoff spring that In fact, you might even be able to see it right now right here Let's see if we can get it here We have our momentum move to the upside or back and forth in here now. What we're looking for is stop run Move back up into the range back to the other side of the range at 44 80 Okay, so that's that's the move there Right, so what we can see that we can see that the dip below here Not much of a stop run though. Look at the red line here. And those are stop transactions The stop run actually happened over here But you do have some some Well, you can see there's quite a few stops here. We went lower and we didn't find stops Right, so maybe the the stops are exhausted out And maybe we're gonna find some buyers take it back in and try to get stops on the other side of the range here And that would be the scenario. So it looks looks good slow down And right now it's pretty clear sailing up into 80 and I see momentum and buyers behind it So I would look for this right now Up into this into 80 here. It's got a it's basically got to clear this kind of point of control in here first You can see it's tested it here And then sellers are reacting to that Okay, so back down to the bottom of the range right now, but I like this very much It's a really really good stuff We have the momentum move look for maybe some trap traders people got it wrong Stopped out and then look for the move and continuation of this momentum move here. All right All right So let's see if this can unfold here. Maybe this is the stop run we're looking for now That looks maybe even a little bit better here Now what we're looking for is a rejection on that Okay, so we're looking for buyers to come back in and trade back up into about 75 up here get buyers on the other side and then hit 80. Okay, so it would be like a five-point move But we're looking for rejection and move pretty pretty quickly here Hey, if that doesn't happen, then we're looking for the trending market here, right? So I'm just going through Taking the opportunity to just go through this a couple different scenarios and setups regarding This Wycoff spring concept All right, so It's the confirmation of that spring is what we're looking for and right now. We're not getting it in here We actually didn't it look like it was going to do it to me And I thought we'd probably get the move up into 80. They had they needed to clear this point of control here Or just the most traded level which happens to also be you know this this kind of range in here Right, so there's two ranges in here as you can see And we need to break through that and on up into the top of this range up here All right, and you can see that sellers didn't like that idea. They came in Pretty hard here and more here, but we know it's also a big stop run All right, so anyway We'll continue to look at that and that concept here right now. It's looking like a pretty good Starting to kind of shape up here as a potential reversal pattern Yeah, I don't know. There's a there's a lot of buying in here first. Hey, so anyway, we'll You know you can see this kind of rounded top or you know kind of double top up here Kind of a shoulder kind of a shoulder and you can see the Sellers flowing in on the other side here. Hey see the bars here Hey buyers sellers starting to come in. Hey, so that's We're looking for the flow change here. Okay Actually, this is one of the setups we look for in here as well Okay. All right, so coming back up to our 75 level. That's what we're looking at earlier. Yeah, yeah This is this is one of the This is one of the setups we have been looking at for years actually And I'm sorry. I kind of missed it You can see the even a little flag pattern in here so Actually looking pretty good. We're back up here to this kind of 77 that point of control See if we can get a little bit more buying above it and then 80 looks pretty good Yeah, yeah, I like it. I like it. I think we're gonna hit 80 here And it's not a trade recommendation. We're just reading the order flow Right and looking for a test up to 80 and then let's see if we can even break 80 And then make it through now the setup here Hey, well first we looked at that Wycoff spring idea Okay, that it would kind of dip below hit some stops and then come back up It did dip below here and hit the stops Okay, but this is a different setup. It's not a Wycoff spring in that sense And this is this is what the setup is actually And we see we've seen this in crude oil for years really really clean and clearing in crude oil is you get this The momentum move here And then you get this move back down leg one Leg two fails. This is a double bottom here and buyers come in on the other side Move it back up into the range and through the point of control to the other side of the range and basically We look for trend continuation at this point. Okay another strong move And then just repeat this process here Okay, so it would be like this and then maybe some back and forth in here and then continuation may be up into 90 All right. Sorry about that. I'm kind of All over the place on this it we look for this pattern all the time though leg one leg two fails buyers in on the other side Hey, this is your stop run. This is your trap volume and I'm just relating that to that Wycoff spring But it is a bit different All right, let me go over here. Um, can you tell us how to predict the next move on order flow not interested in the past? Yeah, that's what we do in this room And that that's the value that we want to bring precisely the value. So we already talked about 80 and continuation Looks pretty good so far. There is no reason to get out of this at this moment And looking for I would be looking for high liquidity here to stop Maybe some of that buying or absorb some of that buying pressure and we can also look at moves in here measured moves We talked about measured moves for a long time Here's one right here. Okay up into 85 right now Might this might be a good area to take some profit book some profit. Here's why here's what you have on your side High liquidity getting filled here here here and here All right That's that's number one Number two. These are strong moves. Okay, well, let's just kind of put some Expectations behind those strong moves. All right, so for example this strong move here. Here's another one here Hey, this one's really great here. Okay, and then here's another one here. See how they're kind of equal now I just you know, it's about the breadth of the market is what we're talking about here It's the same thing with you when you look at your tick Ticky or you know, whatever it is that you're looking at your market internals There's only just so much buying or selling pressure before like there has to kind of be an exhaustion a retest and then and then continuation or reversal and That's that's what we're talking about here. Okay, so How much more buying pressure is there now, let's let's take a look at that and Talk about this move here Okay, is it the same amount of buying pressure? No, it's not. This is more buying pressure here Hey, look at the bars. Look at the size of the green dots All right, so it came back up and it made a slightly higher high here But not not as quite as much here now. It's still bullish. This move is still bullish here But we're reading the volume up in this area here and now we're we're about Point higher here from 85 to 86 Okay, and then what's the reaction up here? Well, it looks like the market needs to take a breather you know it it we're just reading this volume and this volume and We just we just talked about this so we're covering this in real time and we and we booked some profit up here Okay, that was the the idea the concept. All right, so We were I covered this too late as I mentioned, but once we got through point of control, we're looking for 80 and above All right now we put a little more expectations on it in here about these measured moves and we're like, okay 85 Let's book. Let's book something All right, so there's does this answer your question done moosh Okay, this is real-time analysis and we're talking about Some of these concepts in here. These are not trade recommendations. It's concepts of how to maybe manage your consider managing your trades Using order flow. We had reasons for it here. Okay, this is what book map is really good at Showing these reasons here. Okay. Why? Well, there's there's other traders up here. Okay, that's why now we read it up here and Is there any way to figure it out? Yeah, we're going through it right now. Oh, you have another question in here Is there liquidity? Available a certain price range sometime it acts like a magnet. Yeah Yeah, yeah, yeah, is there any way to figure that out? Absolutely. Okay, so let's just we can do that in real-time again, right? Hi liquidity is up here 86. Hi liquidity is on the offer. Right now look at see look at the offer now See how it's changing Okay, there's more on the offer at lower areas here. Where are they on the bid? They're down here at 80 All right, so these are the magnetic areas in here Right, but watch how something will come in the book here and and repel price potentially, okay now we didn't get it here It didn't do that example here. Here it did it They're pulling a little bit here and they're adding on the on the on the bid here Okay, you'll see this a lot, right? You're looking for a skew in the auction, right? So our magnetic levels Are this these high liquidity areas here? We need another piece of the puzzle here are the buyers interested in that and Yeah, they are so far. They want they are charging after higher highs here and this liquidity up at these levels here Okay, that's how it acts like a magnet All right, and you'll you'll need to kind of understand this relationship in here. Okay now look here Here's more liquidity up here Hey, do buyers want it? Yeah, they're going after it here Okay, so it's acting like a magnet. This is new liquidity, but it's acting like a magnet Okay, look at liquidity here on the bid Hey, this is repelling liquidity. This is new liquidity on the bid and it seems to be repelling the price action Hey away from it. Now. This is how you can read it here You'll see this happen again and again now. Just think about your economics 101 and supply and demand Okay, so all of a sudden with more demand what happens to to price Okay, do do buyer do the aggressors in here want it? Hey, how do they react to it? Hey in this case you can see we kind of pulled back and we've traded into some of this liquidity here at 87 50 Okay, so we're getting that understanding now All right now watch you will see this in real time here But we know the the magnets are either here at 90 or 85 Okay, and right now It looks like 90 I would give it to 90 as being more magnetic Because we seem to have buyers interested in trading up in these levels here Okay, here's our skew in the book right here. Okay. Does it repel price? Yeah, it did it did So we're looking for 90 as the magnet here Okay You'll see this again and again and again. Hey, this is a pretty typical Uh scenario here All right, so 90 has transacted All right, so in in real time here Uh, and uh, you know, it just just look for these things in here We'll go through it again and again. It's not no no problem Uh, and so now we're pulling back a bit and We're still between 85 and 90 basically, right? Okay, now there's a little bit more up here at 92 and a little less here at 90 now Does that answer your question? Okay, I I would really uh highly recommend you go through this exercise that we did Uh, this week I think or maybe last as well is we can take the volume dots And volume bars off and just look at price action and liquidity and understand this Oh, you're welcome Demush. Uh, happy to help you. So look at here. Here here comes our order book in here More liquidity on the offer at a lower level price seems to be repelled by it We're looking for it to come back down into maybe here a 86 now Right Okay, now it came back down into the bottom of the range here Let's see if we can get a little bit more and let's see if we get an even another skew in the order book here See how the skew though is it's a little more complex than that. They're also skewing or adding more demand or more liquidity here On the bid and now we're back up to test these guys at 89 Right, so, you know, this is a it's a constant shift and change it flows. It's like water in here The order book is people are always adding and pulling. It's an auction It's a live auction. Okay, but you'll go through it and you can go through it in real time. We can also go through it in Uh, historically and go back and look at it again and again Okay, so that that's how we can put this together now. Look at the bid here. It's getting pretty strong now Okay, it was down here at 85. Look at it now Hey and seems it seems like we got some buying interest here So I'm looking for buyers to hit 90 and break out It's already happened, but 92 is our next level. We talked about it. Okay. What's our next level after that? Uh, you know 90 94 95, but it's really up here at 4500 And we got a ways to go to get up there Now we zoom out a little bit and we can see we've traded into this 92 level and there's still more buying pressure A little bit above it Now it's it's failed and come back down All right, so this this auction up here failed Uh, and we're back down here, but look at your skew again at 88 or 89 right here Okay, what what what does price do with this new? Demand coming into the market. How does price react to it? Well, it's not really repelling it right now. In fact, they're pulling that liquidity Then they just added it back in Okay, so you can see how you know Players test this market in here Let's take a look at the transactions. I want to see if they transacted here They did on both occasions. They transacted they bought Hey, this liquidity got filled in here both times Hey, but there's still more sellers They it didn't absorb all of the selling pressure And now they're pulling Down here on that strong bid that we looked at earlier as being pulled from the market All right, so it's always always shifting and changing and we want to read and understand Uh, the shift in the change and and the price action Uh, take profits. Good morning. How are you after analyzing the price action? Is dominating the market? Um Triggers to trade well, we're going to go through like, um Many different ways of trading in here Uh and What I would say because I like I had opened up with the the webinar Um, I'll go through all markets. I'll go through all different ways of trading Uh, you might want to come to some of our other events with our other streamers in here Uh, you know scott pulsini has his way of trading. He uses stops and icebergs as his big event Uh, if you you probably know who scott is he's he's been Trading for a long time a professional trader He was trading like 10 of the s and p back in the early 2000s Is it 10 percent? I don't know. Was it it whatever it was? It was it was an amazing statistic He was just trading just massive volume Um, each tick was like, you know, $50,000 or something like that Jay trader a stocks trader very professional trader Tom b. He's got a wealth of experience. He's been trading volume profile and was a cta as well Doug who's been trading long time has a very unique Options strategy for stocks and futures, mostly stocks Algo boys have been trading in long time as well They've developed their own proprietary algos and look at market structure and have ways of looking at the market It goes on and on and on. All right, so anyway They have their specific ways Let's I would recommend you go there and you go check out some of their their ways of trading All right, so we can go through Any way that you want So let me I guess I'll pose the question back at you Take profit what what way do you trade and then we can take a look at it in here And then in the in the meantime here, uh the moosh Is footprint chart really required to take decisions? Um, I I like footprint charts. I like volume profile charts um the um Okay, so I mean what kind of strategies do you look at though? Take profit. That's the question. Do you trade candlestick patterns? Do you look at like? you know price action patterns like, you know head and shoulders or Use indicators You know what just give me give me something to work with here um And then let me answer this footprint. So footprint Problem with footprint is this Number one, you don't have the heat map number two The volume is going to be on a bar They see how like with book map here. We're showing price action streaming. It's just best. There's no time frame here Is streaming best bid and offer right the volume is transacting on that best bid and offer So we're showing precisely Where the transactions are taking place footprint Is going to show you where the volume trades on a bar You're not going to understand that was it consolidated like this it broke out like this You're just going to see a bar and you're going to have a high volume node probably here Right, uh, you know a large number up here So and and it's going to be a buy buy volume up here Right, so I don't know how that really I mean Yeah, I mean I don't have a problem with floating charts. I like them I just think that you're seeing so much more here because you have the context of pure price action And volume within it Okay, so you look at how like this price structure makes all the difference that the candlestick completely ignores This is our consolidation. This is our false breakout. Look at the selling coming back in here Okay, they are starting to move the market lower now I don't think I think it would be rather difficult looking at this example here I think it would be rather difficult to see this in your footprint chart You may you may see some of this volume in here, but look at how that volume compares to all that buying in here Okay, it is it is below it though Would notice that All right, so you might get really kind of muted signals or Conflicting signals in your footprint and that's that's the One of the big issues I have with with footprint Is just the aggregated data. The other one is the other side of the trade No one's showing that okay. We're we're just covering that and understanding the skew in the auction and then Understanding if this liquidity is transacting or not and how price reacts to this liquidity All right, and that that's really the the key here all right Support and resistance. Okay, so you just want to look at simple support and resistance. All right. Well, let's let's go with that So this would be resistance up here. This would be support down here. We're back to kind of like 89 and 85 in three quarters All right, so let's read it here. Well sellers Here's where it price made a high failed came back in here Here come our sellers here testing into this this range in here. All right. Did this liquidity get filled? Yep It did is there more down here. Yep 85 Okay All right. So is this going to reject and come back into the range? Maybe to the point of control right here, which I have in my chart range volume profile Okay, I'm not seeing anything yet. There's a bit of buying Okay, all right. Well, how's that bid look? Not bad Yeah, how's that buying volume? It's okay You know, yeah, it's back. It's back to the point of control here I I'm not really seeing it though. I this doesn't look that that convincing here All right. So in fact, there's low volume. This is a low volume pullback. Okay, that looks better I like that idea now Here's what we got. Okay high liquidity filled Okay, but it bounced price bounced sellers came back in here and More traded down at this 85 level here Hey, the prices bounced back up All right, and let's take a look and let's get this candlestick off All right. Now we go. We got something. All right. We got we got a little bit more on the offer here Okay, but buyers are after it okay all right, so Now what i'm looking for here is maybe a potential a potential break one way or another And we're not getting a whole lot out of it right now You see that liquidity at that point of control came in and the and the buyers took it But it failed after that Okay, so i'm looking for actually if we get sellers here we go sellers here Now i'm looking for sellers to test the bottom of the range and potentially break it now Okay, I see the sellers come in And let's see if we can get that Now, what do we what do we not have in here? We have the sellers coming in we had some exhaustion here But we didn't have the order book on our side Okay, we want to see that skew in the order book here. Here we go again Hey, there's our exhaustion. I like it. Let's see. There's our order book skew. Okay sellers. Let's see you drop it down to 80 83 50 Uh, maybe let's let's take take a look here. Uh, maybe we can get down into like 82 50 or even like 82 here. Okay Now I I'm not a I like the volume here But I see high liquidity that filled and we don't see sellers below it and look at the order book here Right. I'd be very careful here on this Uh, you know, in fact, this is starting to look like Uh, a range bound, uh trade In this regard Right something like this Hey or Get a little bit better here Something like this Okay All right, so still I'm I'm a little surprised it was kind of dark in here But no no buyers exhausted three times sellers come in we get that we get the continuation of that move right So now we've hit 83 and a half Maybe we can still get down to our Higher time frame, right? We're looking at this kind of 82 level here liquidity's down here at 80 Okay, funny enough that was liquidity. We were targeting on the way up here, right was 80 and then uh 82 and then Our 85 and 90 Okay, make sense. There's real time stuff. Okay, we just went through read the order book Didn't you know, we're reading it and like, yeah, I don't know It was not not so not so clean or clear in here until we had Wind at our backs here or a bit more in the order book All right, once we started to see this in here Uh, and this this auction as well as the sellers in here, um, it was actually here, right? Uh, then then we're looking for this break in here. Okay, and we we got it All right now it doesn't always work out Right, but at least we have these elements on our side Okay, does that make sense? Does that answer your question take profit darmush? Okay in real time And you can do this too Just get just be really objective about this In fact, don't take a trade Just be objective Did I talk about liquidation zones? Um, well, we've been talking about liquidation, uh zones Throughout the entire webinar here You're welcome take profit. Yeah, so We can go through the process again and again and again, but you know, we So we're looking for it in here and we were really too convinced And then we got a little more convinced And then we were looking for the follow-through. Okay, and then we started to target areas as well Okay in 80 82 down here liquidity and also 80, uh liquidity as well Okay, uh our first level of liquidity was here at 83 and a half or so So, uh, uh, this is how you can uh put More more on on your side more probabilities, uh in, uh, uh your direction here Okay, and this is how you can use book map All right, just get good at it. I mean like, um, uh Let's just go through the process Okay, so understanding the auction. Okay, where is the liquidity? 86 and uh 81 Something like that Okay, how are the um buyers and sellers reacting to it And well, they're going after it here now Um, and they're pulling here And pretty good It's pretty good and we're getting buyers here. Okay. Do we have the order book on our side? No Don't Hey, we want to see it like strong on the bid here. See how dark it is here Watch how sellers can can hit up here at 88. It can it can pull right back down here again Okay, so and then You know, we want to read that the buying and selling pressure though As well like how is this relative volume here to like this selling in here? It looks rather equal therefore We can find sellers like this very easily take it right back down Right now we're going to skew in the order book now And we're getting our breakout now okay, so uh We were looking for the potential for those sellers uh, but we missed this and and we missed it on on purpose. I mean like, um Yeah, I I just didn't like not having the the offer or the bid uh support this here Okay, now it's starting to and we still are finding buyers here And it's a little too high now though. I I feel for my blood Okay, but it's working out pretty well Good morning Uchia Stan good morning. Um, and joe here. Let's see Can you split volume profile? Uh, bid and ask. Yep. Absolutely Yeah, uh, louise. Okay. You like you like that. Um, I I like it too Especially like on on kind of lower time frames Um, so we're going to actually duplicate this column by right clicking in the cvp column and inserting another one So it just duplicates it, right? Now what we're going to do is right click in here and then go to configure column Uh, and then we're going to go to split out the data here. Okay. This is what a louise is talking about uh, and You know now we can look at this column here This is the aggressor Uh within this chart range here. Okay, it's based on the chart range, right? So if I zoom out, I'll have more data It is the same column as this one here Uh, let me just put this column over here. It's the same as this one here But this is showing a composite of both buying and selling together This one split it out. This is selling. Um liquidity, this is buying liquidity If you added these together it would look like this All right, so uh now you can read this in here and start to read the aggressor So look at this skew in here. Wow. Okay. I would say buyers are going to continue higher here Okay, because uh, look at look at the buying compared to the selling now is now it's looking kind of equal So now I take that away But before that when we got that little pop into that liquidity there Okay, this is for you know kind of hyper scalping but like you can use this now It's now as a pullback to a high volume node All right, so that's where you could You know take some profit on this uh, if you were Looking for if you saw the the equal, um You did not see a skew in here and you and this would be kind of back to um, you know value here All right, so different ways of reading these things in here, uh, and uh continuation on down All right, so where where might this go? Let's take a look here I like this kind of 87 ish level, but I like the liquidity down here at 86 Uh, a la uisa is another one. I like uh very much too. We I'll duplicate this column Okay, and now we've got the same one, but we'll right click in here and configure and show the delta Okay, so Uh, this is by plus cell Uh in a composite here like your typical volume column. Uh, this is by minus cell Okay, so, um, it can give some insights here as well Uh by understanding that wow, okay, there's you know, this is this could be potentially trapped buying here Okay, or buyers would be back in control back up above 90 And these large transactions up here For this I'll go in here as well Stepping down Never gets filled Never gets filled Maybe maybe they got filled here It doesn't look like it's trying to it it doesn't look like it's a What's it called ignition algo? Um Yeah, because it's just not a whole it's not a lot of size here Looks like they just wanted to get filled here And they were way up here hanging right Trying to get filled at a higher area And then they chased See how we can read that though we can gain something from that information in here So they got filled here. All right, so that's kind of interesting So there's a concept then and you can see it in the price action Okay Maybe we get a stop run below here and buyers back up above 88 here If we do get that we look for the move back to our high volume node at 90 or back up into these This higher liquidity up in these areas Okay, we can slice and slice and dice it many different ways here Good morning, Sam Uh double top target 44 88, uh 84 All right, let's take a look There you go Okay, so Sam is looking at this here And the move down and then targeting right here at 84 I like it right where this all of this volume initiated here this move to the upside Sam just just a note Uh On your double top. I mean it has done a measured move So if just look at this and this And sorry I mean that is the measured move and and maybe that you start to find some buying interest back in these areas Uh, and this would be actually a better area would be 88 here imagine The concept of the measured move is It i'm not speaking to you Sam directly, but like We're just looking for There's reasons for it of but of the traders may be trapped inside here Maybe taking profit or look at other structural areas in here to consider these areas for managing your trade using a measured move Okay, it's not about fibs here. This is about like you know looking at Either half the move or a full move That's it basically We're not looking at the 66 point, you know 68.3 or two or whatever it is Uh in the fibs, um Your 121 level, you know excited. We're not we're not talking about those types of levels. We're talking about understanding Potential measure moves by How much breadth in the market? As well as um Traders getting stopped out in specific areas and where you can look for potential reversals 1040p, okay This is your first peak. Yeah Oh Yikes, okay, there you go Okay, sorry, um Sorry about that sam. All right. Well, this is that's a beauty then um on the higher time frame here Yeah, so let's take a look at that measured move now. This hasn't failed yet if it did it'd be a really nice move Down to um Down to the swing down here Right beautiful right here See now that that that measures up nicely Right, so um Anyway Just some food for thought Morning Debra. All right, so let's take a look here. So we have traded down into this 86 level I kind of forget where we left off um And back and forth Now we got strong strong buy volume Uh in here and stronger selling volume down here. This this too looks like a good little area right here Uh this 85 Somewhere around in here Right. Yeah, maybe maybe even 80 84 here. That's that's where we see a shift in a change in here Here's the move down below. Here's the break up above Okay, let's see if those sellers can hit it now Here they come looks pretty good Um, yeah, I would look for the sellers to hit it down into this 84 Uh, and then let's see if they can even break it here. That's that's asking for a lot, but uh Uh, there's a lot of strong volume that came in here Yeah, I would say like 82 would be 80 80 80 and 82 would be the uh the area here Again guys, I really You know, what do we have here? We got the volume. We got the break, but we also have a stop run here Okay, and it's not too much of a break and look at the order book under, you know on the other side here Okay, we don't get much of a skew here We don't see them pulling now they're starting to pull a little bit here All right, so let's see the little bit more liquidity in here and let's see if we can get that move into 82 then See see I mean we just you know We want all the pieces here um We want the behavior of the participants in here to tell us That the reaction to liquidity in here, uh is a move lower And we just don't have liquidity in here. It's way up here All right, so that just We just don't have that on our side. That's all that's all it means Okay, we still have the price structure and we have the volume Okay, see now now there's see how they're coming down a bit more and we have a little bit more volume in here All right, let's see the sellers hit into 82 and and maybe 80 here. I mean You know, this is how you can You know add more to your your trade And whatever strategy that you're trading It's just by understanding these these elements in here. We jump back to discord Good morning, steven A lot of less resting the cody at 44 fifties Uh, yeah, let's take a look Sure is Thoughts on that. Yeah, you know, let's just we we didn't even take a look at our bigger picture here I just started kind of answering some of the questions Uh that I wanted it to go through. Uh, let's take a look at our bigger bigger picture Daily chart here on the left and Interesting one, uh the hourly here in the middle and the uh 15 minute on the right Okay, so here's what we've got so far The daily Has broken The uh swings from the last like three days Uh and and it came down here Um This is you know an outside day at that point. It came back into the range though now All right, so um And it basically filled the gap here. So here's our gap here on the 15 We'll get maybe to the hour in a minute here. Um, but uh We get to the the hour in uh hour chart in A little later I should say uh the um 15 minute chart here This is where we opened we see the momentum down to the downside Uh, we hit something down here, right? We'll take a look at book map Uh, and then we came back up, uh, and then we tested to the other side. We filled the gap Uh, and then came back up into Not really too much structure in here. Maybe a high volume node in here somewhere, but like uh Above these swings here Okay from yesterday, uh, and you can see a couple of wicks in here Uh, and then now price has failed Up here and it's coming back down. There's your there's another double top for you Um, this is the uh smaller double top we were looking at. Okay, and the measured move I think it was a smaller one. Maybe not No, it was the one sam's looking at Yeah, so this is it here on a 15 minute chart Okay, and here's the momentum right now coming back in Right, so yeah, uh on this 15 minute chart You know, yeah, this looks pretty good here Uh, however, this this candle here. Let's again look at these kind of measured moves in here It's already kind of done it right. Maybe we need a bit of a pull back and then look for continuation Right, and we and we're looking here at this bottom here Uh We're on this uh 44 um 74 area here uh, and See if we can get momentum or Volume below it and then and then re uh test some of the lows here Okay, so if that scenario starts to unfold steven, then I would look for this high liquidity down at 50 Okay, I like that idea Steven you've been putting in a lot of hard work Uh, and um Really really really like uh What what you're doing? All right, so I put some comments on your spreadsheet Uh, and um, I don't know if you saw those but Yeah, anyway, and I know you've been attending any of these events in here. Um, so Yeah, please go check it. Uh, it was last week. I put some comments in there Okay, you're part of the bookmap academy Uh, or you applicant to the bookmap junior academy Yeah All right, so anyway, so where we left off on that on that higher time frame analysis um was uh, yeah, it it moved into 80 as you guys can see but like we said like, uh um this failure up here, uh sam's double top Uh, and this is a pretty nice move here But we're looking for kind of a pullback at the moment, but we we like this selling coming in and this rejection up here Okay, uh, one of the things I I know sam looks at here Uh for his double tops Uh is is right in front of us Okay, and um, what what do you what do you guys think it is? Uh that uh Um You give some insight on this on this move back up here in the failure up here Okay, what's one of the things you'd look for? There's a couple of things uh in here Let me let me clear the charts. Let me first off. We'll look for our 70 level as kind of being the um Measured move in here for this this double top Okay Um, and it looks good here. It's actually looking really good. Uh because we're down below here Right this swing and it has not accepted above We're looking for we look for our pullback now. We're looking for our sellers to drive it down to 75 and maybe 70 All right, so what do you guys think? He mentions it, um In uh in the chat there in youtube It's an important element for understanding The um transactions And also liquidity is a part of it Debra, what do you think? Calling calling you guys out here because uh, I think it will I think you'll find it helpful And let's clear the drawings Is it this top and then this one here? Exactly teddy bear spot on declining delta Uh, it look at the volume uh in here Look at here's your um You know, you can look at the um Volume decreasing here. Okay, not bad buying here pretty strong move Right, but it's decreasing volume So therefore what we know up here Is we know a couple different things Nice sam, um the uh uh The volume bars. Yeah, you're not talking about cvd. Although let's take a look at cvd as well Because I know a lot of people like it Right and we'll take the stops and icebergs off and we do have diversions also in cvd. We should uh, I would look for that but It's it's this move here strong move High liquidity filled here in here. Hey, we saw that move on the way up And we saw this little top up here as being a kind of a It was a stop run and then a move right back down below and then Then we look for that move back down until our 80 82 level Etc which unfolded and then we we went through that example in here of you know reading supply and demand and then looking for that break We missed the move on the way back up Uh, I didn't just didn't like the support underneath Um in the uh in the order book Right, although we had the aggressors and they were getting out of the way, but we didn't have all the pieces Now we're back up here and some liquidity filled up here and it does make a higher slightly higher high But i'm lower volume hey, so Who knows right it might pull back We might come back up here. We get a cup and handle type of pattern with strong volume And we get there we get our break into 4500 Hey, we didn't get that Uh, we had less volume here. Uh, we have some buyers fighting it in here fighting it fighting it Here they're they're screwed Okay, this is where the sellers are going to take it down not only to hear uh and test these buyers, but You know, they've got a lot of buying in here that will unwind Back down into these lower levels here And then maybe Uh, it this can be the continuation move uh to fulfill that measured move From the pattern here It does that make make sense. I have to be honest right now. I I don't like it. Um This is one of the patterns we look for leg one Here's our leg two and where's the sellers here? So this is like a double bottom here All right, and we're let's see if we get a stronger bid here And pulling on the offer Okay, then I'd look for these buyers to come up into like 82 and three quarters or 85 ish up here All right, so this is leg one leg two failure looking for volume And then the move back up into these areas up here All right, so, you know, we're we're looking at the kind of bigger picture uh of the um Potential move on down into 75 and 70 still may happen this this may not unfold here It has to kind of break up here Right, and it's not So if we can come back down here and we do see the sellers it should be even a better move And we would look for the stop run then as well Okay So different scenarios in here Okay, so the scenario is this Uh We made a lower high here First we're looking at the double bottom pattern Hey, it still may play out Hey, it may come up here. You may get up that bind and we'll look for the move up into the 83 ish and then 85 ish Okay, liquidity up there Okay, and no insight right now at the moment Hey, let's just read it then Okay, so I'm still seeing, you know Some uh demand or some supply up here, but now you had a little skew in the book here Now they stayed away from it. Now we're getting our buyers in here I'd look for these buyers to try to pull it on up into this 80 83 ish and 85 ish area here And they cannot it's only up to the swing here at 82 Here they come again Okay skew skew in the order book here kind of dark, but the skew is down here at 79 Look, there's not much to to really hang hang our hat on in here Um, we're right in the middle of high liquidity on each side. Hey, what we're trying to read it in here Okay, I to be honest, I like the um To see this kind of Double bottom in here fail I would like to see that and I'd like to see more sellers back down here Probably around 79, uh, then we can get the break lower But buyers continue to try to push this higher. Here's our skew in the order book Okay, and this is turning into like a little cup and handle Okay, so a bit more buying and we you know, we can we can understand this move higher Also buyers around 81 Yeah, true buyer stops Let's take a look here at the um, I'm going to remove this Column we can look at our delta column here See how the selling in the delta is all mostly it's mostly selling in here and some buying in here Right sellers really kind of dominate all the way back up to this point up here It buyers just in this little um kind of nook right in here so Therefore, you know, you can justify selling here. They are and then the selling in here now can Should be able to continue with control Back down here Right down into like the swing low 77 50 area Uh, let's see here try to re-add shorts Where you squeeze Swing Yeah, I'm looking for the breakdown now though like this delta column kind of helped here Uh, and then looking for the continuation now. I think I think we got it Sellers are coming in. There's more on the offer. They're pulling on the bid Okay, we know the buyers are or sellers in control in this area in here So just looking for the buyers basically what we're looking for is the buyers to give up In here just let the sellers have it. They'll buy it at a lower level Okay, so looking for our sellers and looking for that move into 77 and a half and a break Down into 75 and that was our our kind of first target on that was our 75 and 70 would complete the pattern here Okay Make sense And then uh, alouis, uh, let's take a look at uh, we can We'll take a look at the uh, uh columns in here now this column here the cvp with the data split out Uh, let's uh go through some resetting in here Uh, we'll actually um, you can Have it reset in many different ways in here Uh scheduled resets, uh at a specific time of the day Uh at a specific time interval or at the start of the session. There's some conditional resets as well Um, we're not going to use that feature. We're going to use another one Which is reset on double click Okay, so here's our move guys. This is what exactly what we're looking for Uh with the help from this column here understanding who's in control in certain areas We're already down to our 77 level looking for the continuation into 75 Now let's use this this new tool here, uh, and we're going to double click in here and reset it Okay, so sellers should be in control here. Look at our column It looks pretty equal right now There there you go sellers should hit the bid more and should hit into 75 here Okay, so I see a little bit of flurry come in on on the buy side here So anyway, we're looking for also skews here by the aggressor basically Uh to give us insight Let's double click again Okay, clear it and then we'll look at this data in here again Hey, we're looking for again exhaustion here on the buy side. That's not happening at all Okay, so we see a bump tire here Hey, now let's see if we get sellers here and then 200 versus, um You need to move in a little bit versus you have to look at this diagonally in here Okay So hitting the bid or lifting the offer here So here here they come on the sell side here. You can see a little bit of momentum here I'm just looking at this in here Right, so it looks good. There's a skew. See the skew there one 146 whatever it was 159 if we get below it here same ideas that we're looking at and the dots get below it more momentum More selling compared to buying Looking for them to try to hit lower here Okay, same ideas. This is a different visualization of it Tom gun You like book map excellent. Yeah. Yeah me me too Okay, uh, here's here's the move back up All right, so anyway, uh, uh, louise, uh, yeah, I mean, I know a lot of traders they they, um They like this kind of data in here. They're only looking to you know, take in the s and p maybe a few ticks here and there Uh, maybe a point or or so, but uh, uh, you know, not much Right, they're just looking for a small edge A very consistent small edge I like to look at the the dots and the structure in here instead And look at basically the same thing You know bottom edge. We're looking for our sellers in here. We're looking for them to push it down into our 75 All right, so it's basically the same thing. We're just looking at it over here Uh as a graphical representation So sam this would be uh, you're this would be like a double a double bottom in here that failed, right? You can look at criteria in there. There's our move into 75 still looking for lower, right? Thanks to sam looking for our 70 level as a measured move here From the double top We also look at this area. Well, we're right at it just below 75 Yeah, this is just this area here where the buyers came in Also where the buyers came in here. This looks even better. So I really like the 70 level Uh, there's this not known You might actually do it by accident, but you can even do one click in here to reset just the bid or or uh I think just uh one side here Yeah, you can you can do it on either side actually if you just single click on this side here on the on the left of it Uh, it will reset the offer Arms the aggressor on the on the buy side if you right click if you left click on the right side of it though It'll reset. Oh, no. It's above or below. That's how it is, right? I click up here. I reset the um, uh, the sellers if I click down below I reset the buyers. That's how it works And then if you double click it resets both Okay, so you have that option too Maybe you want to keep one side Oh, thanks, sam. Well, it's your it's your read actually You're the one that saw the double top I saw a double top within it Double top within the double top That it completed its move already So sam sam drinks on sam when it hits uh 44 70 Let me see here a few questions. Uh slow down. Where can someone read and research this leg one? Leg two strategy, um Slow down. I I need to put something together on that, uh, but um It's um Actually, we've been covering it for a long long time. Uh, to be honest, it's it's always like, um understanding like this this move here Okay, so You know, we strong move. Okay pull back and again pretty pretty strong move here So i'm i'm looking for the sellers. I i'm looking for buyers not to buy this basically So that means that sellers will continue Uh, and we'll continue into 70 here All right, so i'm looking for cell volume down here on the second leg here Right so, uh, and if we do we have a higher probability. Well, we also have a strong offer up here It came down further and we're looking for these guys to pull away not be buyers here So those sellers can just do a nice little move into 70 here Okay, so What if though, you know, we come down here, we see a lot of liquidity got filled on the way down Which did in some cases here um And uh, we see a lot of buyers come back in up and up in the uh Retesting back up in here. We come back down and we get maybe a slightly higher high kind of like this Maybe we don't see any selling. In fact, we see buyers starting to come in here And that would be your leg too And you would be it would be on much much lower cell volume Okay That's when you look for the potential or reversal at that point Okay, and it's it's really simple concept Of like well it traded at this one level here and it's back here to trade again And we're not finding sellers. In fact, we're exhausting out of sellers so You know, you look for buyers look for buyers to come in on the other side first Uh, and if they can get some of that momentum then You can look for it taking it back up to the top of the range and maybe taking some off Right now. These are small ranges, right? So you're only talking about You know a few ticks or so but or maybe a few points but like um It works on the higher time frames too. Here's your the double top that sam's looking at so, you know, he he's Where was your entry sam? It was probably because I know you look at um your smaller areas in here. So I imagine it was probably uh Probably in here Um, maybe maybe even up in here Um, so let's suppose sam is let's suppose sam is in here around 89. Let's say Okay, it's the same concept, right? Maybe he took some off down here. I don't know. Um And uh, and now he's holding for 70 Right, so let's suppose he got on in at 89 Okay So 89 down to 70. So, you know, you're almost it's almost a 20 point move 19 19 point so it doesn't have to be micro You know are much smaller moves in here the same concepts work and again, what I what I really like about it, uh is um The just understanding it's not Because we've all read about tops double tops and head and shoulders, etc. But we really want to understand why You know, uh, what's behind it here and it's just you know, we under we know the market is an auction Okay, so like right now like see the buying coming in here Well, you know That might be enough to shake me out at 71 in a quarter And and instead of instead of looking for 70. So I I miss a point and a half out of it. So I got 18 points instead of 19 You know something like that Uh, I'm just not willing to have it come back up to you know 75 or even even higher Um, I'll just I'll just take I'll just get out And that would be my trade And so um, anyway, um As as I was talking, uh, like uh, we slow down About that double top and double bottom and the different legs and the volume behind it So we have a price structure and now we have the volume within that price structure And we also have the liquidity where the buyers and sellers are in the auction And it's those three elements that we're looking at and understanding So like this one here look at this element here Right, so we came down here. There's some selling Came back down here. I don't see a whole lot and we saw this big green dot right here So do we have divergence down here? No, we don't So looking actually for some buyers here To take it back up to 75 now Okay on this on this smaller time frame Now funny enough, I mean you can just dice it they dice this up again and again here buyers here lack of buyers here All right, so, you know look it um Yeah, we don't really we don't really quite know here Um, if we can come back up here though and we get buyers here. It's looking pretty good I would look for the break to 75 And here we are now do we get buyers? And do we get the order book here a little bit Little bit. Yeah, I kind of like it. Let's let's see just for kicks here looking for 75 There we go right Okay, so just that just that little bit in here. We didn't really know here Okay, we didn't know And then we come back up here and we're like, okay, this is still on do we get buyers? Yeah, we got some do we get the order book? Yeah, it's not bad. All right. Well, we're looking for this Okay, there it is. Okay, so I hope that helps slow down. Um, so we went through that process and multiple times here Okay, and then also potential trade management on on the higher time frame move as well Sam excellent, uh, okay, so uh, you got a good entry at 44 90 stop loss 96 first target at 84 Took most off Excellent. Wow. Nice works ham really nice yeah, uh, Dave this this, um Uh, this is recorded here. Um So it'll be available immediately after webinar and I will we'll finish up and probably about eight minutes or so see Yeah, thanks. Alois. I always read your comments later So anyway, like, you know, look one of the things here like, you know, uh Uh About this big dot down here and then seeing that and then getting shaken out of the trade I mean look at this move to 70 will probably still work Um, I'll I can say those we don't have that kind of divergence in here in the volume Uh, that we were looking at earlier, right? This is not a low volume pullback here Right. This is more like in y cough. This would be, um, accumulation Right. So this is this is your, um, marked down period. This is your accumulation Uh, and then, uh, you know, maybe you get kind of a spring or like, you know Um, maybe it's kind of redistribution and then continuation to the downside So, um, uh, but just see the difference though, right that this is not a low volume pullback that is fact Okay, still might get the move here, uh, but I'm out here Okay, this is close enough and something's shifted and changed in here Uh, so, um, just As food for thought and consideration for your trade management Okay, again, this isn't the trade recommendation room Okay, these are all concepts to go back and study, uh, and take it further Okay, and we'll do it in real time to help Kind of confirm some of these ideas and concepts in time Um, so Zaire, uh, if you are looking for using the replay mode, you'll what you'll need to do is, um Uh, you'll need to get book map and you'll need to get your dx feed or, um Um, your omni feed, uh, connect to the data, record it, uh, and then you have the recording that you could use for replay mode Right, there is another way for adding backfill data if you guys are interested in this Um, you can get additional backfill data from dx feed. I think it's 14 bucks a month Uh, you can get up to like 72 hours. I think or maybe I'm maybe for sure 24 hours Okay, uh, but you zoom all the way out and then you can click on this gray button And you can add you can see I can add up to 19 hours of backfill cloud data Okay, local data here is My recorded data. So if like I recorded it earlier and I want to load it in here Uh, but this is from the cloud here. So that that I can get up to 19 hours backfill data And now book map's gonna be pretty pretty heavy. Uh at that time with all that backfill data. So just just note that It's 24 hours. Okay. Thank you, Louise. Excellent. So it's only 24 hours of backfill data You are looking for you want me to take a look at some stocks? Yeah Can do that Yeah, Dave, I really just don't look at fib levels. I really don't believe in them. Sorry um I measured moves and I can understand like, you know, atr Or You know these kinds of concepts to me it makes sense in the market But this kind of golden ratio does not make too much sense to me And there's so many different fib levels. It's going to hit one or the other uh Anirag, uh Is there other orders that are not seeing the book map? Yeah the mbo data in the, um Icebergs Yeah, so that's an add-on like right now. Okay into 70. So guys we got a few things going on at this 70 level Right, this is important Look at the iceberg buying in here Okay, this blue line here is icebergs Uh, the current reading is negative It's cumulative volume delta of the iceberg. So, uh negative uh 365 down here. What is it? It is 17 negative 1700 So over a thousand icebergs just in this area getting filled not bad You know not bad if we really want to see something, um Powerful though, you know, we can look we can zoom out and see for the day. This is not bad here This is this is meaningful Okay, scott for example, if you really want to get into the details, he'll go over this, um And look for this exclusively Okay as kind of signals I shouldn't say signals as kind of the big event to then look at the order flow Right, so, uh, yes, we can see icebergs with um iceberg transactions With the mbo data from rhythmic for the cme only so that's what you need. It has to be cme futures and it has to be rhythmic data All right, you can get it from the book map marketplace Yeah Let me show you that quickly so, um And let me also show you so we went from book map dot com over to The more button and we went to the learning center And then in learning center if you guys are interested in some of the backfill data, etc You should watch some of the videos in this course click on it And then displaying elements here. You can see backfill data. It's about two minute video here Okay, we'll explain it better than I Or concise way So yeah, the learning center is great for all these kind of features and components in book map With this course here on getting started um The marketplace let's go over that so Uh, click on the more button again at book map dot com and go to marketplace and you can just scroll right down to mbo bundle and click on it That'll take you right to it And uh, here here it is here. So you we've added a lot more to it. In fact, you get the mbo bundle plus trader map pro Plus you're going to get the um uh It's available as well as part of it in here is you get the um market pulse I believe pretty sure See it listed Pretty sure you do Uh, yeah market pulse falling pressure right there beautiful. Okay. So this is 134 a month Uh, and uh with that then you can see these stops and icebergs in here Okay, so we have a lot of iceberg buying here. Is it covering? Are they reversing? We don't quite know that but we just know that there is a lot of hidden liquidity in here getting filled Hey, let me we can show you all those details in here. This is another beautiful thing in book map We can show you all those details. Here's what I mean, uh, is Let's just show it in here The whole evolution of the iceberg, uh is in here And we don't everything is seen. Okay the transactions Go Oh, there's tons in here. Um So this iceberg here, uh There's a smaller one in here right here. God, there's a bunch of smaller ones in here There's a lot of action at this 4470 level guys. Uh, so, um Uh There's an iceberg The e means executed for 150 so total of of 150 it was and it was this iceberg in here From here over to here. Hey, we have another one in here executed for 330 actually four Slash four means there were four different icebergs at that same price level Hey, and here's another one 330 but three different icebergs Okay, so a lot going on in here, uh at this at this level here And in fact it's still going on The evolution of of some of these like you can see them here. They are still in the order book right now 40 105 and 70 okay doesn't mean that that's what's there. It means that's what has transacted already It's only transactions. We don't know how many are behind it Right, but you can see there's and they're what are they doing in here as well? What do you guys think? This is a great little trick It's hidden liquidity from the order book. Where's the where's the liquidity in the order book though? See your answers The um the liquidity in the order books down here at 44 70. We've been talking about it They're in front of it and they're hidden So what does that mean? Well, it means that you know sellers like You know us or we we're waiting to take our profit down here at 70. Well, it might not make it Because there's icebergs getting filled in front of it. They're front running it here. It's a great little trick And it's it's not ingenious or anything like that, but it's just You know, it's a little trick Don't show your size in the order book You know and and put your icebergs in front of this 284 85 here at 70 84 contract 284 contracts there Yeah, exactly sam Yeah, it's a buy iceberg if it's on the bid it's a buy iceberg it acts like liquidity, but it's just hidden We don't know Dave if they're getting you know out of their position Or if they're Entering or both. We don't we just don't know We just know that there are icebergs and they're transacting Okay, so there there's the 70 level Hey and Yeah, I would have been out at I would have lost a point and a half on that But I wouldn't had to put up with all of this back and forth in here Anyway, it's up to you You know, they there's still Justification for this to continue to the downside here How can they hide it? It's an order type debra um like for example, uh You know tt offers it or the in this case the cme Exchange offers that order type just like it's a stop order Or if it's a a limit order Uh instead you're using iceberg order Or hidden order All right, but we can detect now the transactions Yeah, and you know The why would you use it? I mean Only larger players are going to use it now. Look look look at this area here. See now. This has turned out to be rather significant now Now after all of them just got filled in here we have If we zoom out and it it aggregates in here Right, if we zoom out and we can see the aggregation of 3200 Okay in this area in this zone in here A 74 icebergs, but 3200 all together 3219 and then that's pretty significant All right, so this is what scott looks at Uh, you might want to come to his on on thursdays Uh, and uh, he looks at these significant events and then he looks for the order flow around them You know, so Um Now you now you're looking at well, okay Well, if if we start to see aggressive buyers start to come in here start to break some structure Uh, you know the order book starts to flip from You know to from strong offer to strong bid Uh, following up underneath here Well, then you you you have justification for your reversals Hey, so like right now look at the strong um the strong bid here or You can see the buyers the aggressors coming in so I would look for these buyers to We we just traded into all this high liquidity and icebergs. So trading up to the top of the range here 75 Is is uh, you know, there's higher probability that something like that will happen now due to this information here All right Yeah anonymous trader we we answered that question about why it's to raise away from the best bid and offer We talked about skew and the auction etc. Uh earlier. So, um, you might want to go back and watch the recording And there's there's our our easy Move up into 75 right there Just based off of this information Right and and talking about scott and some of his strategies Is there any logical reason why someone is an iceberg order? I'm not really ac I don't know why anyone to use it for like a one to three lot or one or two to three lot But I do see some of them filled for that amount Executed for one executed for five. I mean, it's probably some larger player That is just like I'm just going to throw a one lot in and there and check it out and they're You know their algo and their setup is on icebergs. It's probably something like that And uh crypto traders using multi book. Okay. Yep. Thanks. Ah, Louise Yeah All right guys. Well, anyway, we've gone over our time. Uh, so Let's uh, let's wrap it up guys. If you like this kind of education, please hit the like button Uh, this really helps us Uh, it gives more insight to what you guys like what you respond to Uh, and uh What what more to cover? Right. So, uh, yeah, please, uh, hit the like button Uh, and we'll uh continue on monday to go through, uh, whatever it is that you guys want Right. This is we we feel this is your education Uh on order flow and understanding these markets at a deeper level So that you have a higher probability Of being successful on your uh on your trades Okay. Yeah, thanks everybody. Thanks sam. Uh, and uh, yeah hit hit that like button, please Uh, and we'll Continue on. Uh tom b is up. You might want to go check out that webinar volume profile trader Uh, excellent tons of experience Later options with dug. Uh, we also have spanglish trades in spanish Uh with frank morero Uh, and the algo boys will round out the day later. Okay with their proprietary way of trading that's on discord only though So that's not in youtube All right, so yeah, thanks everybody And uh, we will sorry slow down. I didn't get to uh, I go over we will go over that though I really like your your um content in that spring and it's excellent stuff. So we will we'll get to it. All right um Really really excellent stuff though Yeah, just it really stands out. All right. Thank you all. We'll we'll have a good weekend. We'll catch up next week. Bye