 All right. All right. Good afternoon traders. This is Bruce at book map and welcome to the crypto webinar series continuation here today with Sam at crypto lifer to crypto webinar series continuation. We are Sam's gonna go over order flow patterns in book map with the new liquidation indicator how he reads the crypto markets And and and uses book map and order flow together with his trading strategies if you don't know who Sam is Well, you can you go to his website and his YouTube page He has a lot of followers And basically through a detailed study of technical analysis in the cryptocurrency markets Sam learned how to become profitable Which has allowed him to trade full-time since then he's decided to devote his life to helping others achieve the same freedom He's achieved through crypto trading Here is his website and his YouTube page I'll be putting this into the chat for you guys so that you don't have to Copy this down or anything like that I need to go through some disclosures and a special and then we'll turn it right over to Sam and let him take it away So the general disclosure all book map limited materials information and presentations are for Educational purposes only and should not be considered specific investment advice nor Recommendations the risk disclosure trading futures equities and digital currencies Involves a central risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results. All right, so just a few more things here some special offers for everybody anyone whose first first time user of book map 30% off code here for the first month subscription For any any monthly subscription? So it's good until June 13th. Here's the code crypto series 30% off When you subscribe I'll put this into the chat for you as well. So you can you'll have the the code also in join our discord room And we're gonna raffle off every Webinar here one month of free global plus So if you haven't won already you can enter today. It is only during the webinar So I encourage you to jump into our discord chat room in the hashtag special events room Then type in CWS to enter and then I'll put this link in here as well So that you guys can click on that and go directly to the room Instead of copying it down. All right, so that's all I have for you now. Let's turn it over to Sam And let crypto lifer take it away Thank you so much Bruce. I really appreciate it as I said before I don't affiliate with a lot of companies But I really like book map and what they're doing and I also like the family, you know Bruce has been there a long time I think since they started so they have a good family good group of people and They just really care about their product and who they work with and so I don't really want to work with people like that So I just want to make that clear that really like the people over at book map and I don't affiliate with many people So we're looking at you know when people see this they get a little overwhelmed at first I remember when I post this beginners are like, what am I seeing like what is going on? And they're kind of a little freaked out like they're not sure what's what's happening But like we all know what red means it means a cell We know what green means it needs to buy okay And so what I'm doing here is I have my traditional TA on the background and then I'm watching how the order book plays in Now you have to understand that it's the snake biting its tail years ago a guy watch price action get hit and maybe a whale sold that became a resistance and Over time that line kind of gets staying power if that line keeps getting revisited by any asset becomes a known place of liquidity So therefore a market maker or someone that sets up an algo He'll set it up and have his algo pointing for these certain areas right so right off the bat I'm doing support and resistance on my own on my own chart and that's simple You're just putting lines where you see price started and stopped those were definitely liquidations when that got up right there Why did the price stop from going up because shorts probably got stopped out They bought back in and eventually they got of many shorts as they could and they exhausted the liquidity The cool thing about this is right now you can just see oh we got rejected by support and resistance But if you flip over to bookmap, it's a completely different story all together You flip over to bookmap and you can see oh they got liquidated That's what happened someone got banged you know someone was trying to you know over leverage themselves And they got into a tight situation and they got taken out by the by the basically you know by the exchange by the market makers So what's cool is they just added this When I zoom in here I can actually see the amount of events and what happened for instance like let's see here Here we have three thousand nine hundred and ninety seven Nine hundred ninety seven us dollars right and that was eight events The cool thing is too they have some cool settings here You can go in here and you can click it to base currency if you wanted to say like half a bitcoin You could flip this to point five and you could see just how many people got liquidated for half a bitcoin You know you could also flip the base currency and do five thousand if you don't want to see all the liquidations Today they've been lighter if there's a heavy liquidation period. Maybe I'll edge that up But right now today's been pretty good. I've been seeing kind of what's been going on For instance, I knew here that we were in this rising wedge Okay, rising wedges break up only 32 of the time most of the time they're going to break down Okay, specifically if the stochastics get to this oversold region the stochastics work in tandem with the metrics of trading They'll almost tell you when people are about to get liquidated because they go hand in hand Once you get above this dotted line You should go over to bookmark and you should be to see people being getting liquidated if you don't Then there's a chance there's more shorts at top and this will get pinned I've been book map has also been teaching me how to use the rsi better and I'll explain why Before I had book map I would watch the rsi get up here and I'd be like, okay, we're oversold. I'm gonna get ready for a short But then you know this happened last week and everyone lines up for the short because they you know Some people know these basic indicators and what happens? And you're like that's not supposed to happen However, I looked at book map and see the lack of liquidations to that period and then maybe see a drawdown with some liquidity I would have been able to see that maybe they're going to be able to push us back to the upside right Normally, I would have just opened a short This is teaching me that there may be more liquidations to occur Whenever we get pinned however, look another thing. It goes the other way, you know This is probability. There's 68 chance this rising wedge is hitting resistance Also, if you use your support on resistance, you can see we had a liquidity grab here That was probably a short liquidation event I can go back and see these same places on the chart if I have enough data And there you can start building history with book map too and you can start being like yep liquidation Liquidation and you can start instead of just knowing numbers in you know, you can see the analytics You can see the story behind what actually happened on the chart I find that fascinating if you're a trader and you don't want more data Let me stop there You start small As a trader, it's very similar to play trading playing chess. I tell everybody A good chess player is oh is better at chess because he does it a lot And if he does it a lot, he's good at keeping a lot of moves in his head That's really what it comes down to he knows the pieces He gets acclimated with the pieces and then he slowly gets better at remembering a lot of the different things that he needs To remember so he can use them on the fly so he can he can take advantage of them Same thing in trading at first fun rsi and you spend like a couple weeks on it The problem with this is too all these indicators take like a month to really get like a bearing on because you need to see price action Interpolate it and then you need to back test it to get that data If you're not doing that So too many people are watching one youtuber like me or a couple, you know, and they're like, oh, I know what the rsi is It's up and down. I go on but like you don't know that indicator yet It takes time to know any one of these I've spent thousands of hours with the magazine thousands of hours with the rsi Thousands of hours with the stokes. I've done it live like you've seen me in my life doing it Thank god, I love it. I'm addicted to it. Whatever it is that makes me want to do this so much But it's the mathematical movement of time. It's the zooming into the smaller time frames. It's the zooming out So right now here you can see that we have sellers selling off So we should see a liquidation point which we got right there and we should see the sellers getting off They got as much liquidity up here as they could not enough shorts wanted to short this What's good about this is and that's another thing if you're a beginner People think the bulls pump the price and the bears always short But you don't realize it's actually doesn't always work that way What actually happens is when bitcoin first started to dump like we'll have to look for some more liquidity back here I did have a power outage before this so I had to like which is sad My book map was running But for instance and then you can also see divergences in here But the point of the story is People took probably started the short down here and they've been shorting for a while So you have to assume that there's stop losses here and people get greedy. Don't they they don't take their money Some people forget some people open trades and just don't don't manage them properly There's shorts up here that didn't get closed. There's people that didn't take their profits right here And the market makers like you know what I'm going to go and fish for those and I'm going to grab that liquidity I'm going to grab those order books of people with their stop losses Remember if I want 500 bitcoin 300 bitcoin, I don't just waltz in Like and go and press the buy button. I'm going to push the price up immediately Then I'm going to buy into myself. It's not really going to work that well I need to create liquid I need to create liquidation events for my bags to fill This will start making way more sense to you once you really start, you know playing with book map every day and juxtaposing it with the price action because like Subtle things will fill in that you're not even realizing and you'll start you'll start picking up on stuff The more data you give the brain the brain is an amazing smart tool The more data you give the brain as long as it's slow and formatted like you can't shove It's like a you know, it's like a blender You don't want to shove all the ingredients in the blender at once You want to put one in at a time watch how they mold watch how they melt take a taste And then you want to add as you go a lot of my students they benefit from Taking it slow everyone wants to know it all it doesn't work like that, you know funny Look, I'm sammy cup and handy. Isn't that a cup? Isn't that a handle? Didn't it break out? You can see actual patterns in here Here is the rising wedge that we're talking about and there's the there's the this is the that is that line of resistance So as I start to build see this is that same line of resistance there that was in there because we're on a smaller time frame The cool thing about book map two is is it gives you like the one second time frame I'm being able to watch price action in real time exactly as it's formatted Now let's zoom down in here and let's look at overall book map I'm still learning. So I'm still a beginner with book map. I'm not trying to say I'm an advanced person But I know my order. I understand order books and I understand Support on resistance. So like I kind of know book map without knowing it You know, I know a lot about what it's doing and what it's grabbing Um, but I never like to call myself an expert at anything beginners mind beginners mind Keep reiterating that you're a beginner. Therefore, you'll always realize there's more to learn And you won't get you know conceded about what you know, and you'll be able to find, you know The second you think you know it all that's when you start to lose trades. That's when you think you got it Trading is a constant motion Uh, you could be you could trade for 10 years And then you could have a two month period where you just can't hit a trade Every trader goes through a rut period a time where it just doesn't seem to fit It's about how you're if you have proper risk management You get through those times if you don't you get wrecked and you don't trade anymore I could disappear in the next few years if I don't keep myself disciplined All right, and I tell everybody I work out every day. I drink water. I don't I don't drink alcohol I quit it completely I don't touch it haven't had a sip in a year and a half and I don't and I even before then it was and I don't mean to preach But trading is mentality Getting a good night's sleep Knowing how you feel about yourself all those things come into play when you're trading, okay? So I just want to bring in some, you know, uh, I didn't start becoming a better trader till I started cleaning up my life I'll I'll make that pretty clear too Um, so look now we're getting liquidations right here. That's telling us we're seeing we we could be getting a bounce I look at that and then I what I will do is I'll juxtapose that with the seven minute stokes If the seven minutes so excited they're coming down tells me that we're probably going to liquidate some more people Looks like we're coming down even more. Okay Another cool thing to do is look at this glob is just bigger than that glob like period So there's more liquidity here than there, you know So if you were a mountain clown and you wanted to climb the climb the tallest mountain you would climb the green one, right? So not saying we're guaranteed to do anything too. And that's what people don't realize None of this is this is exactly what's going to happen And there's no guarantees when using book map or any of these, you know It's all probability and that's why you need to use them for a long period of time So you can gain you can gain the data that they're giving you without being without watching this and the price action to me I'm making what I think are assumed moves But but I don't have a lot of probability behind them because I don't have time in the market to gauge that probability A lot of everyone's like Like for instance, I look at charts and so a lot of times I see hidden bullish and in my mind I'm like man that breaks out 90% of the time now I really don't say some of that but in my mind I'm like I've seen that break out So like I become my own metric You know and I know what I've seen I've put in the years and years in the charts You can't tell me now what you think unless you've put in the same amount of time And I'll know because I'll sit with you and I'll start looking at how you go over charts And I a charter knows when someone's put in the work. It's just it's a beautiful thing Like you can't fake being an analyst you either have those years and you can show it off or you don't you know And you can know your Support and resistance all you want you can know your fibs Time in the market time in the market So right here we're leveling off right, but we do see this big order right here I'd like to see them come and snatch that you know And my ta also suggests that we should be coming back down to the bottom of this pattern It's just likely you know unless we're getting really tight in this channel Which is possible and we're starting to make it just even more of a tighter tighter channel How you'll know that go to the five minute the five minute should be low and pinning It's not that tells you we may have either sideways or downward action coming So it opens me up had the five minute been right here on the stokes Likely you were at the bottom of the pattern you see that and I use stochastics with pattern trading I find the pattern. I try to find the pattern before everybody else like I'm quick to look for the pattern Yeah, the other night if you were watching my live stream Bitcoin took this nasty dump and we found this and again They call me sammy cup and handy because I just I happen to see things in my vision I have like life revision they say right, but I saw this as a cop clear as day And I saw this as a handle clear as day. Hey sam. I'm sorry to interrupt you, but I think you selected Just the book map app to that's all right. Yeah, so it's not letting me show that that's horrible So much hasn't been shown. Um, let me see here. Yeah, it's making me like pick Um, thank you for saying that because people there's so much to get out of this that they're not getting Um Let me see here. I'll figure it out. You might have to kind of uh rebroadcast your your screen again Yeah, I'm gonna stop for a second. I'm gonna come again And it lets me pick it but then it doesn't it lets me pick tabs like Uh, it's only letting you pick it. No, so go to um Uh, the um There's a tab on you're right. You're right. It said applications and screens and I didn't see that so sorry No, no, no worries. No worries. We we we got it though. So uh, that ought to help All right, everybody I'm gonna run you back real quick and I can kind of get us up to speed pretty fast Point of the stories are right We look at book map what we were looking at. Hey, let me zoom back in where we were We're looking at this rising wedge. Okay You can see you can also see it's a bit of a shoulder ahead and a shoulder You know and you want it to basically not break this support line now because you can see you're getting some consolidation here You want that bounce Now I look at that area. What is that area? That's 30,250. All right And and again, I would like us to not break this this bottom trend. That would be beautiful However, I know the seven minute pretty well in the five and when they're curving like that, usually you do dump You know, so it's rare that we won't see this breakout Like it's 80 of the time the stokes will push you down, but it doesn't mean it will we could get a bounce All right, point of the story is I'm watching how they how the you know and what is happening. These are the Like I showed you before these wicks were the liquidations on book map Okay, this is people getting these are the shorts who got stopped out All right, who probably had been shorting since down here And again, some of them may not be idiots Some of them may be really smart people that started a short right here got into profit lower their stop Lower their stop and they were okay with getting stopped out there. They were into profit. They're like come take my liquidity I've done what I needed to do. I mean and they were just trying to that's also a smart way to trade a lot of times Because you never know if you can get more I like the idea of once you get something just backing up what you have no one ever went broke taking profits All right, a lot of people went broke huddling a longer you get into the game I think the more panic panic selling paper hands and huddling become more of like the the gimmick given to the new class of traders They want you to hold and and not panic sell so that I can sell I can basically sell all my bags on you while you keep buying the bottoms The time to sell was when bitcoin hit the highs the pie cycle chart had topped We saw phantom on the weekly chart at the highest it was we saw waves at the highest it was like I use the weekly chart a lot, you know, it's pretty simple You accumulate when the weekly is below the dotted line and you sell when you're above the dotted line Now you're not always going to be 110% But what you will be doing is you'll be getting the range bound areas that are just going to be so much beneficial I even zoom out even more. I use the two week. I've been accumulating bitcoin in the two week chart for five years now It's never held me. It's never been a bad idea I wait for the two week to get down here and I allocate like let's say five grand and I don't put the five grand at once I'm putting in 100 200 400 300 and I just sit there for two months And I you know and you know, it might be more than five grand. I'm just trying to throw figures out there But I I allocate what I want first. It's all about planning and trading I said, I'm going to allocate this much to dollar cost when bitcoin hits a low like bitcoin's up here And I'm like, I got the bank account. I'm looking at I'm like, all right. We're high on the two week I'm like when that two week comes down I'm and I write down how I'm I want to put 20 000 into btc and get myself off Maybe you know, hopefully another whole almost a whole bitcoin when we get down here Buying a little bit buying a little bit buying a little bit last few days I bought more now we could go to 10 k and 7 k that's fine. That's why I don't go all in And I'll have more of the bag to go What if we bounce up and we make a move and then we find that 40 k is a support Then I then I go there too And there's certain areas that we'll be looking at But as long as I use this and then I use the crypto fair and greed index in conjunction with that All right, it really helps out Zooming back into book map I just wanted to give you like because everyone's all about day trading swing trading I've made the majority of my money on long-term hold holds and planning out my trades properly It's still a trade to me everyone seems to think a long-term trade is or I'm an investor I'm not a trader hogwash Everyone's a trader your investment investors are just people who who trade 10 years It's just a 10-year trade to me to me. It is still a trade. There's no difference Are you going to die with that stock in your hand? Maybe you will and give it to your kids Eventually someone's going to sell it and end that trade, you know what I'm saying? Eventually that trade will end. It's not an indefinite Uh, you never know some people do hold, you know g e for you know centuries and they get the dividends to their kids I mean, there are some companies that last Little cool trick. Uh g e's getting some hydrogen Uh hydrogen patents they may end up becoming one of the bigger companies in the next 10 years Just a little tip for you something you might think about you want to research because hydrogen I think is going to become a new source of energy It's not going to be solar like everyone thinks in electricity hydrogen is going to become a powerful force You saw that bill gates great is you know building that gigantic new ship It runs on hydrogen like I don't know just off-topic tip, but that's just something interesting. I've been looking at g e so Looking at this right so liquidation liquidation The more liquidations we get the more after we're hitting a bottom area and we're going to bounce It's all I'm getting to the point now that I have the liquidation tool that I don't really want to enter a trade Until I see people get liquidated because I know that's where I want to be in You know, uh, that it's pretty smart money. You want to wait for the people to get wrecked before you begin to get in So this can help once you see the liquidations It can give you a little more confidence about you know what like if you wanted to open a short later And you saw that rising wedge and again the short would have been the top of this channel. Let me zoom in again 15 So sorry that we didn't have the pattern at first apologize for that But if we look here on the 15 you could see like we got to this high point And you know if you're a leveraged trader and you're using the one minute for quick quick money That dipped here my stochastic's got high My signal told me that we were at a high point and that we were at we were at the top of the channel And the stochastic's were high Mac d was running out of room and the seller is kind of you know, the buyers were really kind of running off there too You have rising price with falling volume. That's not a good idea So when you juxtapose volume in price action and you can see that the volume is falling while price action is rising It's tell that's a that's what's called a divergence. Okay. It's telling you If price goes up, what does that mean? It means people buy All right, if the buyers are represented by this level and this level keeps going down Then how can we keep going up? It's logic I love this because a lot of people think that trading doesn't have some logic to it But it does it has some carpentry some two plus two is four type stuff in it And I combine a lot of the complex statistical analyst with a lot of the brass tack stuff My dad was a was an ironworker. My grandfather was a bricklayer like i'm irish and I come from that type of stock If you're going to the upside and this is going to the downside, how can you continue up? Oh You know also this starts to give judge Give me what the pattern what the pattern is and now I realize that this is the top trend line And that also lets me know that resistance is 30,500 Uh 350 actually actually into 500 area. It's like 350 to the five. It's always a bit of a range But we're getting rejected pretty solidly at 30,350 I run back over the book map. All right. I want to see these I want to see a bounce here I want to see a big buy order after these people get liquidated kind of like this see Again that short I just showed you right when you saw that large liquidation Might have been a good time to take the short right in conjunction with my other So you're not no one's slapping up book map and making buys and sells on it Ridiculous as we said before and in the disclaimer at the beginning of the video Nothing is taken as guaranteed. None of this is you know, you don't buy and sell on this stuff This is just data for you to learn and again, you need to supplement it with time in the market This stuff will mean nothing to you if you don't put work if you don't put in the work period You know, you won't be able to take and even if you make a few good trades and you think you're a hot shot Over time your probability rate will fall and uh, you know, if you did my mind being if you just like buy You know liquidations and sell liquidations as you can see it may you know It it has a probability that's better than doing nothing, but you should wrap it with some other With with another with another strategy. Okay Look, we're getting the liquidations here now All right, I want to see more of those now because I want to see this come to the bottom of my channel Which I'm at we're actually at the bottom of the channel. So here's the here's the deal This falls through we get way more liquidations As I said before now, I'm looking to see if there's bigger orders down here that will kind of make this make sense You know, I want to see that that Where I believe my chart is going to go and I want to see that there's liquidity to feed that same idea These two things really have to go hand in hand because if it's not there then we can't go there on the chart Right if there was no liquidity right here and this wasn't read and you see all up here Then how the heck were we going to go down there? It just wouldn't make any sense. All right, people don't realize it. It is the snake biting it still this is creating the pattern The pattern is then created So but you can trade the pattern and because the pattern conveys probabilities without you having to know the order book This is what confuses beginners, but that's why I tell you take it one step at a time I traded for four or five years till I got into liquidity in order books I was just watching coinbase and I was looking at the you know, the the depth wall and watching to go back and forth That's kind of was my first entry to order book Um and understanding it also helped you to make a better order You can see where you might be able to slide in for a cheaper price uh, you know So now this this tool is so cool. Look when we zoom in here now We have 10,000 11,000 events five five events for 11,000 Okay, these are people who longed right here and thought they were sweet and they knew what they were doing They're probably on the one minute five minute chart. They're trading very very small with a lot of money. They're getting chopped up Okay, again, look at this is the shoulder ahead and a bit of a shoulder that could also then uh, you know coincide with the idea that we will go to this lower liquidity area Because that measure move is here and that will bring us back down to about 30,200 Now you got psychological psychological support at 30,000. That's all, you know, your base points, right 29 5 30,000 We don't want to really go to 30,000 because to this morning I feel like we breached this trend line and now we're like I want us I want us to stay in and I got a lot of lines here But what I want us to do what what I would like to see by the chart, right Is to not have this break see it's breaking now see that and that was very likely, you know People love my channel. They love watching me because like when I say that's probably going to drop It's it's a high probability because they watch me every single day and over time they get the you know or Not me even they watch the same. I just point out the still I point out the oscillators I point out that most of the time you're going to get a drop here and I'm a lot. I'm online every day So people see most of the time it drops Um, just by watching my channel alone. You will learn how ta plays out. I was already alive for two hours today I'm going to be alive for another 45 minutes on atb And today I do a weekly screen share a private one with my entire Private discord. So if you want to jump into that, there's links to my discord. It's $99 a month Bang, you would have access to the weekly screen share. We go over book map there too We do a lot It's similar to what we're doing here where we do more in-depth analysis And we try to we try to take you through mentality Anyone can kind of like shoot charts at you like a do in the live But on these weekly screen shares It's a mind it's it's basically like a you know We all get together and I can feel all your energies wanted to learn And because it's a different type of setting Um, I even have a lot of epiphanies during the weekly screen share. Um, I'll be looking at big charts I'll see things that I didn't notice before It tends to be a really channeled event for me personally and um, yeah So more liquidations coming To me it suggests that we will see it, you know the measured move now Most rising wedges will make it all the way back to their bottom. All right Now that won't be the worst thing in the world. It could present us with a double bottom And honestly, this is like the third time I'm presenting this If you watch me on around the blockchain on Thursday of last week I remember if I can write it right here, we were in like a Falling wedge. I think it was right around. Yes. It was this one We were in this falling wedge here And it was the same scenario and we were doing this and I said was a chance we break down And then I grabbed my marker tool and I was like and well probably you know If we can hold liquidity and then every single shape has a measured move This has the length of the pole to the end of the w you swing that to your middle section And that's basically where you should start to bail out. That's also resistance at the last place You'll also see people getting liquidated when you're in that trade at the top like, you know, I mean, uh, yeah, you'll see shorts getting smashed Probably tell you that it's time to open Um, it's time to open up a short because we're at the tip of the liquidity They're they know the kid ate all the ice cream in the cone like it's it's done You know And so when this came back down and then we formed this and then I saw like an inverted and then we formed a flag This was also a cup with a handle there blasted out Right and you can see how I find my little patterns and I kind of figure out my way Um, and so I'm seeing a similar thing here But in just a micro version of it a lot of times I see micro and macro I see something on a big scale that then plays out a week later on a small scale And again and and they and at the end of the day Nothing, you know, nothing is guaranteed right now. We're getting wicked up. Maybe we don't go Um, you know Maybe we don't go all the way to the measured move. Maybe we stay in the pattern, right? And how you'll know by that is are we getting a lot of liquidations? I want to see a lot of liquidations if we get them We are see that That's a big chunk and another thing i'm realizing. I just had epiphany bruise I'm just getting used to watching the liquidations, right? That's a lot like look today. We saw that we're seeing dots That's a lot. That's a lot more than we saw. That's another common sense idea Do you see 10? You know, did you normally see four or five squares? Now you see 15? Well, you may be entering into the liquidity zone It may be a good place to get into a bounce, you know, again, now this is guaranteed It just gives you a higher probability of looking at it anything you want to add bruce. Am I are we doing here? I want to make sure that you're doing just just great. Uh, and uh, I love the way that you're mentioning this liquidation indicator, uh As a confluence with the other patterns in bigger picture Because it is telling you something but it's not like a signal. Uh, it but it's it's telling you a lot And uh, that that's precisely right, uh, you know, we and it's just fact here, too There there were just a lot of liquidations So I love you below, you know Fact I use the word a lot probability, right here in bookmark. We can see fact that happened That happened. It's not oh did what and being able to know what actually happened I think is you know, right? It gives you a little more of an edge Uh, if we bounce from here, it won't be a coincidence. You see what I'm saying You know, you know, you know, it doesn't mean you have to get liquidations to bounce But your bigger bounces are going to come from a liquidation area It's just that's that's you know, because again the market's controlled by the market maker and the exchange maker and the money makers and They got to feel big bags once you start understanding how they have to operate It makes way more sense. What's going on here because you're like, yeah It's it's it's black or white, you know, they can't step up in the middle of liquidity and just grab anything they want They need to get people to get stopped out. They need to have these events. This is how they're able to fill large bags For them just a swing trade today. They need to get more thousands of people to get rocked You know another reason why I don't leverage trade, you know, even though this is a great tool for leverage traders That's actually not true. I do leverage trade. I I do 3x But I just don't do above 3x and I use tokens like I use I try to use the You know derivative tokens like on coup coin 3l and 3s or a bitcoin up and down on finance You know, they're pegged. I'm in them for 10 the you know, I don't hold them for months at a time And um, yeah, I got into leverage trading. I I actually had a really good way of doing it I had a leverage trading boot camp a year ago. I got really good at finding divergences on the one minute I would basically find divergences and inverted head and shoulders on the one minute I would wait for the secondary divergence to come. I would actually trap it I would get in I would nail like a half a percent to a percent. I get out I would use moving averages. I would notice how price would move through the moving averages I had this awesome blog. I'll show you real quick if I don't like I don't like it's my skills can be used to trade leverage But I just don't like to teach people how I how you can use them that way because I want people to learn the beginner I want you to get so advanced that when you're ready to trade leverage, you do it on your own You don't do it in my push, you know, because that's how it should be You should learn from me and then when you're ready, you go on, you know I have a testimony in my group and the guy said, you know, he went to a lot of other people We won't say who they are and he clicked on the links and he was the beginner next thing You know, he's leveraged trading because he you know, I mean they're telling them That's what they're doing. So he thinks that's the right thing to do. He doesn't know he's on youtube And and in turn he loses, you know, his first 10 15 trades I took a hundred bucks and I turned into 700 dollars turn It took me 36 hours And and I learned that like you have to be on leverage like the second you open a leverage trade You're in it. You're in it man Like a spa trade I can get in and I can like set my stop losses and set some alerts And then I can go like walk my dog or something or bring my I don't have a dog But I mean my daughter can go outside and play I would like a dog But you know, the idea is this you can get away for a second leverage trading You really can't like I'm sorry like if you want to really do it It's a all day process. You're in there. You're in there and the second you see a move You got to take it and if you don't I tell you I traded the leverage and then I did it a few other times I kept putting a hundred bucks in Three times I got liquidated. Why I just fell asleep with my computer. I was trading unbelievably well I was doing well, but you know fell asleep and when I had that mark to take it I remember just I just couldn't and then I found my life was going to be me staring at these screens Battling and I was like, this is unhealthy. I'm not going to be the father I need to be I'm not going to be the trader group Guru, you know, I'm not going to be able to help my my students I'm not going to be able to run a course at all and I'm not going to really and I'm going to be Emotionally kind of disparage for myself. I found it wasn't for me You may find you love the one minute in that 5x leverage is amazing and you're good at it I'm not trying to take anyone's Street fire away. I just uh, I just want to say, you know, kind of what makes me tick a little bit And and again, I call and then you could say I got a little lucky too Like a lot of my small investments got big. So like I never had that yearning to leverage trade Like, you know, I was like, wow, you can make two grand into a hundred grand without like why do you even do Well, you could do it on spot. Why do you need to leverage trade it? You know, Bitcoin alone made me a good amount of money. I dollar cost average in between I found out about it was 500 and I dca'd between, you know, 1,800 and 2,700 bucks when I really knew what it was And the rest is history. Like so You know, and that's not even an all coin. You know, everyone wants these huge gains and everyone's about the greed and it's like You can have a good life. You don't have to have it all My dad always said like find yourself in the happy medium My dad always said that he would say see those big mansions out there. He's like they're empty 10 months out of the year. He's like the people that own them don't even get to use them Like they would they have 10 houses there and you know, it's like there's a balance to how much money you can make And how much happiness you can have, you know, and I'm trying to find that balance every day Right and trading convex you a little bit because you want to make that move you want to change your life And and then you see other traders with posting big gains and it makes you feel like you need to do the same And I think they're get there, you know, people get kind of caught up in that Right, you can see I am not leverage trading and I'm using book map beautifully It's helping me it actually calmed me down right here I would have been more the the old me without book map would have been like, oh my god Like they're breaking that that's going down. But you know, when I saw all these liquidations I just said, you know what there? That's a flat line for a second I think we're holding that channel and we are now, you know, and I'm not saying I'm guaranteed a second this could dump But there's a probability now in my favor that what I was looking at is working. You see Man, if you remember at the beginning of the day, I talked about being at the bottom of this channel And it was likely we would work our way to the top And we did 30 000 wasn't a lot of movement there because and this is how you know bitcoin's getting ready for a giant move Bitcoin doesn't coil up like this regularly. Look Bitcoin was up here down here up here down here up here It's getting ready. You're going to see one of my thumbnails come out You know when I would say 24 to 36 hours big move coming for bitcoin, right? How do I know and then you see a big move comes like, how did he know that? Why did he make his thumbnail like that? Because when bitcoin gets wedged like this and gets tight and starts to coil It's going to make a bigger move, you know, this is a bit of a symmetrical triangle in my mind um Let me just duplicate this and make it real neat for everybody But this is a symmetrical triangle in my mind Okay And look the liquidations did so far now. We want to see some buy orders We want to see some buy orders the order book thinned out a little bit. You see that that's a little bit not enough We still got this guy down here with about 758 bitcoins at 29 000 and it could be now bruce Is that always one guy or is that uh, is that a multitude of orders? It's both, um, you know typically larger players are holding the majority, but it's anybody Basically whoever's in that in that bunch. Yeah, we do have a large lot tracker that will show like, you know How many are at that level as well? And and if i'm looking at it, uh Hold on just a minute. Um, yeah, the majority is one individual player. That's holding that down amazing lucky guy, man Uh So look, I just try to simplify this too because I know I got a lot of lines and so I take away my moving averages Just for whoever's I know a beginner just wants to see things really neat at the end of the day You'd be surprised how well patterns do play out in conjunction with the order book though It's kind of like a weird And it's funny order book guys probably wouldn't believe it as much and then I wouldn't believe order book guys as much But now that I've combined the two worlds, I know a little bit about both and I can see the combined the combination of confidence, you know Uh, but here I gotta you know, if I respect this trend and I don't hit that one That's a symmetrical triangle these break out 50 50 and all you got to do is take the base and Bitcoin's getting tight and it's going to coil up and you can also say like this is the say this is part of this bigger triangle too see You got two things cooking here, you know and you're going into a wedge and you're getting tighter and tighter The tighter bitcoin goes. Look, there was a tightness there. Look how tight bitcoin got and it made an explosive move You know, so Again here bitcoin got tight And it doesn't mean it's going up or down. It means it's going some way but look look how tight tight tight tight tight tight Tight tight tight tight boom the tighter It gets the more explosive the move everybody the more wedged you get in there More likely you're going to see a massive move either up or down Sad thing about this is this pattern to me is a symmetrical triangle Honestly, everyone too. This stuff is awesome because look you can just watch trading patterns A lot of people don't realize they can get started today by just using google man google has taught me so much I built a walkway. I taught myself guitar songs But look the symmetrical triangle taught me I wouldn't be here google and youtuber made the crypto lifer You know the ability to access information at your fingertips Can let you follow any dream you have like we are in such a blessed time of technology Everyone's trying to build these bad pictures right world economic forum all these ups and downs at the end of the day Your ability to project your dreams has never been easier in the world Like you you know what i'm saying like I right now Who knows how many people are seeing us throughout the world yesterday? We had during the live stream this morning We said where are you from we got people all like Sri Lanka, Nigeria, Netherlands like it was just I mean You know I could be doing this as a teacher and I could just be teaching in my local area like 20 years ago and I would have been considered a success. I guess but like I mean technology has really changed the game. But look symmetrical triangle This is a bilateral pattern. You could find this on google It's not even that difficult to know the probability of what would happen tonight, you know And you say well what I have for that. I mean I have a 50-50 shot That's why these patterns aren't the best it is getting a little tight. I almost want to like Shave it in and if I bring it down here It's almost a bullpen it I have to say if I connect this that's a bullpen it See like you go here and you look at the shape again And you kind of have to say, you know, it looks more like a bullpen it than a chubby triangle Right, you'll get better at this over time and this is what I teach my students So then you take your measured move, which usually is the length of the pole in the stock market I'm always taking just the length of the triangle in the crypto world And in a in a really good bull run I'm taking big you know the whole length of the pole and I've even seen bitcoin like to get the juicy move out of the Algo, so I'm going to take this whole length and not just the just the base of the triangle That's something that I've tested over time and found that sits right with me You'd have to kind of feel that too as well a lot of things come to you as a trader through doing A lot of my students want me to answer like perfect questions And I'm like when you do see this and see that do you do that? And I'm like well I don't know what I do. I was like I do it when I see it like It comes to a point where I make that decision at that time based on all the other pieces of information that I've acquired over time, right? So it's likely bitcoin gets here to this resistance point and again when we look at this This has been our high range And we're going to get back to book map in a second because I want to show you what we're going to look at What we want to look at for book map To kind of like bring this whole story together, right? So this is going to be our high resistance range Okay, this is and then what I love to do is you can just right click and you can clone never clone alone It's just a joke I have but just don't clone alone. So check this out. Um, you have your resistance and you have your base here Now you're in the mid-range. This is mid-range and you can see how we have this mid-range liquidity Another really good tool here is to come on down here and grab your vpvr Vic mixed profile range. This is going to come in conjunction with book map These are going to work hand in hand and they're going to give you points of control where you see a lot of support and resistance Look, this line here is giving you where we bounced because there was a lot of buy and sell orders here This order here is giving you where we bounced when I see the gray area blocked out I can see a gap up when there's a lot of space that came up or down It's telling me that once we breach this resistance and maybe bounce it We're going to make a nice move to the upside. This is also encouraging the idea that if I see bitcoin break out of this We're going to see this bounce and a fast move to this area into this area liquidity I'm going to notice it happen here on book map as well, right? Now what I want to see is I want to see some liquidations, but I don't want to see as many as I see here I want to see a bit of a double bottom You get it or I wanted to see them go all the way and fill this guy and get him out of there Once he's out of there I'd be more wrapped too That it's almost like the monster under the bed like We want him gone like we want to see him get his fill Then that will give us a better feeling that we'll get up doesn't guarantee he's getting filled that could stay there It could be a spoof order. It could be a order that gets pushed, you know, that gets pulled and pushed There's no guarantees what's happening in trading. All right. I just want to keep reitering that It's all based on probability. However, you get so much better at it when you've seen more of it Okay, so this is kind of what I'm seeing for bitcoin And if we get that liquidation, right? He's at 29,008 Lo and behold Is that this area right here 29,700 and that's right. Look, this is your liquidity zone Because you see a lot of chop in here. So that's why this guy, you know, this guy knows his ta You know, these guys aren't going to just post up So he sees this as a range And so he's got a bunch of orders in here because he's thinking look resistance there Here and if this and look, I'll show you an sr flip that occurred once you see an sr flip to the left and this is support and resistance You had resistance here because you fell through then you had resistance here But then you got above it you bounced you bounced you went all the way out when you fell through it again resistance If you were watching my channel, I think it was two nights ago. I did this live I drew a cup and handle right here and I called the pump and the pump actually happened live on the channel It was amazing. It was like it was euphoric Um, I call I basically drew this cup and handle in the one minute It was it was one of the funniest things I've ever done because like it's like real time ta and like it's happening While we're talking about it And I was like in a great mood on a saturday night And I was just like semi cup and handy, you know, just feeling the love feeling the vibes And again, most people wouldn't see this as a cup and handle and they would they'd say yes But I've back tested so many these wacky things in my life And again, nothing can take away my time in the market I I I had a 68 chance. This was breaking out everyone else in the market could have told me I was crazy I don't care what other people think I've put my time in I've put my time in I've drew I've drawn a thousand of these and saw them break out 800 times So you can't tell me you get it and that's what the beauty of putting time in the market is Go watch a hundred youtubers. Go listen to with somebody. You'll know in your heart how you feel about the situation We watched this play out live and bang. It was amazing, you know, anyway, um, so This area created a double bottom and we we flipped up book map. I can't bring it up now because I don't have that history But we did see a nice liquidation there and then that's where we kind of got the order book filled and then boom And we called that bottom that night, which is pretty cool, you know Another cool trick when you see bitcoin starting to dump zoom into the five and the one minute chart They're going to show you the inverted the double bottoms that you're not going to see on the other timeframes And they're going to show you when the bleeding stops It's almost like if you see a cut and it's bleeding and you got to stop the bleeding like Doctors like stitching and they got to like zoom in make the stitch right Not the best analogy and i'm sorry to bring up blood But there are blood in the street some days and the idea behind it is when the market's dumping fast You have to use smaller timeframes to track it because it's moving so quick Like a five minute candle will close in five minutes and you won't even see but a one minute candle will show you the bear flag That got printed in five minutes You get it because it's quicker in time You need to shrink into smaller timeframes and that's kind of like a I don't know. That's an interesting concept of like space and time. That's why I love trading too It teaches me about like the environment I live in not just trading alone Um, it fascinates me about this universe the metrics how we live in this Fibonacci zoned area Like how i'm made up of Fibonacci is my arm in my leg and my hands and my body and how how flowers grow in the golden ratio and I really feel like trading made me more connected if that makes any you know in a way um to this whole world we live in I find it fascinating and then the human emotion aspect and I can see people getting liquidated and you got in you got out And I can see the emotions on the chart There's a story in all these charts You know people like to sell up here liquidated real fast and too many people leverage trade and they took them down like Same thing here, you know Too many people thought we were going up long and they all said this is it bitcoin huge move They get so euphoric when bitcoin makes a big move that they get to take advantage of them because emotions take advantage of you Everyone's been in love, right? Have you ever done something for someone that you maybe wouldn't have done but you were in love like Okay, when they get you to fall in love with price action in a coin or you think something's going on It's a similar type of emotion and you believe things are going to happen for you. It's good for you They get you sucked in and they leave you high and dry. All right. That's why you got to learn and and come to these book map Uh, you know these studies these webinars. Um, I encourage you to get to know bruce and join his discord He's one of the one of the nicest people I've ever met in the space. He's given me hours of his time already He's dedicated education to me He's helped me and that's another reason why I'll continue to associate and affiliate with book map. Okay, because They're just a they have integrity and they're a group of people that I like to be or and they've proven that to me Bruce is amazing. I'm you know, I'm sorry to you know, call you. I don't know if he's turning red right now But bruce man, you've been awesome. You've been awesome. What a great person to work with and to uh, to meet I'm really happy that I got to meet you Likewise, sam. Thank you so Now we're seeing the liquidations not as strong as before Maybe telling me we may not be able to push down, you know, we're kind of flat We're kind of like in waiting now The market may be maybe waiting to see what everyone else is going to do He wants to see how many people want to jump in or out or maybe not enough people were doing anything And the market's just kind of this is a flat move here and you can see just you know What I liked about it was the 15 minute has to reset My trading style is about creating projections I project before these things happen. Okay. So like once this 15 minute got high The trader the things they know everything would be like oh rising wedge It's it's dropping 68 and that's actually not the worst thing to do Like if you just posted it every rising wedge you ever saw and you traded it to the downside You'd probably end up a profitable trader because 68 of the time you'd hit it Like you would hit this one You would hit like Sorry, you would hit like this this kind of one here You would hit this one These were all trades to the downside Some people do that some people only short rising wedges like they pick one pattern and they go good at one thing You know there's I can teach you with my strategies There's like like there's a hundred strategies to be taken out of all my all the things I teach You might learn from me and decide, you know what I just love You know, I'm the other way, you know, I love the falling wedge Like it's I've probably traded it more than any other pattern in my life because it I know I get one two by the third touch I look for divergence and I get paid like and it doesn't say it happens every single time But about 70% of the time it does and so I take that percentage Now it doesn't mean you're going to get the measured move every time But I get out when the stokes turn on me Another thing I'm teaching students and people that are watching me They're always like I got into the trade but I didn't you know I waited to the measured move and I tell everyone you don't wait for the measured move You wait for the stokes to turn The stokes might turn up here. They might turn down there I'm a stoke guy when the stokes tell me it's a wrap and you could back test this stuff It's amazing above the dotted line we came down above the dotted line We came down above the dotted line We came down above the dotted line We came down above the dotted line We came down like the next time we get above the dotted line. Do you want to open up along? Now it may be the one liquidation point where the liquidations get pinned and fine But that's one out of 20 the problem is with me too with students is they might learn what I just taught them Then they'll open up Then they'll they'll open a short here and the price will bump in the back It didn't happen like like you know, and it's like well That was the one out of 50 times that you know, there are going to be probabilities. The the thing is to show up every day Uh to show up every day. I actually made a funny metaphor the other day about a plant You buy a plant and you live in an area And you look at the weather and they say 68 percent of the time It's going to be beautifully and sunny for that plant and you're like, okay And they tell you if the plant gets 68 percent of You know sun 60 percent of the time it's going to live So you're like great So that plant will live if you keep it outside But if you put it outside one day and then bring it back in then bring it outside and bring it back in and bring it outside You're not going to hit the 68. You're going to miss and so The problem with trading is you need to be consistent The problem was people use too much money at the beginning. They lose it all and they can't be consistent You use small amounts till you understand what's going on. Look at all the things I understand right now about support and resistance trading wedges I spent a lot of money figuring this out. Okay Believe you me Um, thank god bitcoin took care of me and the and the bull market's a crypto, you know But I did spend money figuring this out. I lost $13,000 trading jivo stock that was supposed to fly planes on plant oil It was great. I didn't know about buy the room or sell the news back then 10 years ago I'm 28 thought I was a hot shop. I buy jivo when they fly to alaskan airlines I think it's the best thing and then what happens. I buy it at 120 it goes to 40 50 60 I dca one day it gets to 88 and I'm back at even And I have a voice from god. He's like you back at even sam. It's been five months. Get out. This was the long time I've been trading for a long time. This is a good story and I'm like, I'm gonna come back and I Goes back down Never gets back to 88 again. I ended up closing it at $13,000 loss That was the one of the in my whole life though. I have hodled a lot And I'm not gonna tell you you're gonna find this yourself 80 to 90 of the things that I held did come back and actually paid me I bought like coin once in that 14 run up when we went to 14k and I got excited I thought wow, we're in this is the end of the bull run. What so I buy a light coin at like 120 and I buy like $7,000 of it It goes to freaking 20 bucks. I was down 6k. I held it for three years when it went back to 250 the other time I just sold it off and I made three grand or something Took me four years, but I didn't take the beat down, you know, that doesn't always happen I don't want you to take that as like, but I'm just telling you some real stories that I've been through as a trader I didn't win every time. I wasn't always awesome. Like it took me years of getting my buck kicked in the market I also didn't have beautiful people like bruise teaching me book map and I didn't have the support that I have now I have such a different You know support system around me and it's such a different group of people and I know so much more than I used to Time in the market, my friends time in the market. You get nothing Out of this universe without giving it something Mike Tyson became great because he did it all day. Tom Brady became great because he did it every day Colby Brian, I just watched a video about him the other day. He said, you know, I woke up at 4am I did extra workouts because that way when everyone did three workouts a day I did four He's like that was two extra hours that none of the nb players were getting and I knew it because I'd ask around What's your workout and I hear the man then I'm like, all right. I pencil in an extra two hours Every single day he got two more hours By the end of a month he had what 60? Yeah 60 hours more right 30 days in a month And and that compiles over time in a year at 600 more hours and in 10 years at 6,000 more hours And then is it a coincidence that he was one of the greatest basketball players? No, he worked so hard to get there Trading is the same way Okay Everything in this world you have to do it every day to become good at it If you want to be the best if you want to become great at it Okay, you can't dabble and become great at anything. Look, we are bouncing here less liquidations than here I'm having an epiphany. This is something I just came up with actually But it's making sense to me because if you slam that many people here and then you can only slam that many people You know you got 28,000 on 20 events here. You got 14,000 on eight events Telling me less people are in the game now, right? They're starting to kind of chew through them Doesn't mean they can't come down and get lower. I'm still worried about this guy down here, you know And again, I don't trade based. I don't go. Okay. He's down there. I'm definitely gonna short That's guaranteed to happen. No, no, no I keep working inside of my parameters You know, this is a really good sign that this rising wedge decided it wasn't going to take the beat down It's really and now it's at the bottom again The fact that that candle turned green gives me a high probability This will not dump at least on this run. It tells me we have one more run to the upside, which is pretty good Okay What does that tell me? I now know the seven minute stochastics is probably near the dotted line It is how did I know that because of how I use book map and stochastics in conjunction with each other And I just know things about how patterns work with stochastic I can tell when I'm at the bottom of the pattern the seven minutes low like When I said that I went there there was a split second It wouldn't be but I knew like 99 I was going to be right because I know these charts like the back of my hand I can prove it in these webinars how much how well I know them and And look shoulder head shoulder. We possibly making it a slanted uptrended inverted head and shoulder There's a chance here. Okay Yeah, I think uh, we're about to hit the one hour I don't know how much longer we go but like this was awesome for me I learned a lot about book map because I never had a time to like sit alone And just do this really like in this manner and really think about how what I was teaching you guys and what I was saying So you helped me put my thoughts in perspective. This was really therapeutic for me I learned a lot. I really did Not fantastic Really great stuff sam. I mean Yeah, you you see some divergences right there with the liquidations Yep, you know, just like you're saying they it went it made a lower low, but it didn't hit as many people All right, let's see if it can reverse and and come back around and start to hit some people on the other side Yep, and there's my channel that I drew you can kind of see the channel You see that and that that is this channel on the one minute you'll see See see that like up and down that's this right here That's this key hit and that move up and so I know now like I can see what I'm like I can kind of I'm in that pocket You know that see this little wave right there. That's this little wave Like right here, you know And that liquidation was this point, you know these points here on the bottom of my trend line which kept me in the game Thank god for those people leverage trading because they're I just realized they're the ones that kept my pattern whole So funny like you taught me so much Bruce like and it's now really coming into play like I'm getting it I'm starting to get it more, you know Yeah, that's that's funny It's but the the the beauty of this like like I had kind of mentioned before that that I really appreciate about a book map and and an indicator like this is is just fact as this is what happened people got liquidated and So, you know The interpretation is up to the trader, but we're we're displaying something very objective Yeah, I love what you said like these We don't know any facts here really right. We just know like I like what Bruce is saying like It rained and made a puddle like We saw the rain hit the puddle like there's no speculation here. This is what happened. This is what and If you have a bunch of bricks, you can build a brick house, right? If you have mud you build them up like you can't build, you know I don't know if you know get my metaphor though my mind moves pretty fast, but the idea is that uh We can't go up if we don't have the liquidity, you know what I'm saying like if there's no liquidity up here Then we can't go up there like this will kind of show you what is possible It's basically like the roads of bitcoin like bitcoin can't take the road if it's not kind of You know, uh, if it can't gravitate towards that area. So the liquidity is important to see because It will kind of verify what I'm seeing on my charts, you know And just back it up a little bit with real-time buys and sells that I can actually see that occur Yeah, oh 30% off coupon for any new monthly subscription for the first month good into june 13th, right? Is that and then Winner free month global plus One winner for each crypto webinar join the book map discord Special events room and type cws to enter do you have to do that during the webinar, correct? Like during this actual webinar. Yes Yeah, so everyone I mean get that free month a bit of a book map and then you know get associated with it and understand it Could start making your money and then it pays for itself, you know Yeah, yeah, there you go. Um, yeah. Yeah, thank you sam. Thank you very much. Uh, and uh, everybody if you're if you're interested in book map, just go to bookmap.com and I put the uh The coupon code in the chat there for you multiple times I've also put if you're new to uh to sam I've put his links in here multiple times as well You've got his website. You've got his youtube channel and you also have that discord room where you can type in cws in the special events room there and Try to get Winner subscription for the first month for free All right, everybody take advantage of the links while you can And uh, and they're great. They're a great company to work with So, yeah, yeah, I've not good things to say about book map. Excellent. Excellent. Well, uh, thank you so much sam Really appreciate it. Uh, this is our first time having you and uh, it was uh, quite a pleasure Thank you so much, man. I really really appreciate it everyone that supports me and my dreams Uh, I just can't believe it. Thank you very much. Appreciate you guys and good luck to book map May you guys may all the may all the uh, glories of business come your way All right. Thank you again sam. Uh, and uh, we'll catch up another time Thank you so much. Have a great one. Okay. All right. Take care everybody. Bye. Bye