 Good morning everybody. I'm over here today with a trader from Swiss This morning we had very few stocks in the small cap plan that were moving. I Have over here in screen share Cy I had this morning the room Pedro is from Scotland and Was nice to hear to him because he has this kind of I would say High motions when he trades so he likes to bring traders and involve them into their trading So let's look over here at side this morning First of all anybody took this You can follow us also traders over here on the YouTube channel, right? So good morning James morning Greg. Let's see whoever Took today this morning sigh. We have a few things to say about this talk today morning So I want to go over the plan we had on site today So first of all size a small cap is highly manipulated Over here. I put the book map with candlesticks To show you something before So we can see that every single time the price got to this 450 We have These spikes So we have used sellers jumping in over here in the tape Every single time we push into this 450 460 So high sellers over here high liquidity It faded over here below this pre-market eye, which was in this case the level of 430 and now is reclaiming this 430 So I always say that after 10 o'clock we have the worst shorts, especially in the small cap land The reason why sigh is not for me in an easy fader is not because of Only the price section, but it's also because the delusion that we have in the stock. So here we have the illusion tracker We have a small market cap small float, but also we have the small delusion over here And over here we have an S1 offering, you know The S1 is one of the main catalysts for me to take a short in the markets on These small caps body as we draw was a 30 million over here as one with Under right under writer over here maxim You know, we can have can't we can have so many in this case is with maxim But over here the S1 is withdrawn This is what size doing over here. So we have a previous history of in the stock, which was a fader So this means that it faded below the open level in a close below the open level We have around 11 million float and a lowest if you show ownership So what happened this morning? How we treated this? Let's go and check together the heat map You can see over here that I like to generally have a filter on my heat map. So we're gonna put 5,000 shares, so let's filter some noise out and Then we're gonna put over here. No candlesticks. We're gonna put the volume dots. I like to use the smart and I can put over here minimal display 100 by 500 or has I prefer? Okay, so I can put also this over here This is a price section. The other thing that I like to add is NBBO So you can see over here the NBBO or if you don't have the NBBO option You can use over here. For example, the last price Okay, it doesn't really change it much. You can have the NBBO over here You can see the bid and ask or You can simply have it over here. We're just put over here the VWAP heat map less price and volume dot This is very very simple. I can some time put over here The cumulative volume over here I can put let's say the volume profile in this case and just have the volume dots heat map and book map Over here dots So If you look at the stock, we're gonna put over here our pre-market high It's 430 here. Yeah, so the price Got above this pre-market. I you can see over here. It was a peak around 470 470 here over here This 470 we see these three main Pops, right? You can see how it's stalled over here and then dumped Then again, you can see that Stalled over here Exhausted as well and then dump every single time was holding the 428 425 and then it came back a third time at this 450 And you can see this 450 is This major stuff that we had over here. This is the 450 stuff here and then right away down and now Since we started this trade The the trade we took was around 450 short We have over here now. I Reclaim of the V-wap Another seller join over here over here for 50, but again, I always say one thing Once the price is above the pre-market high by 10 o'clock I'm not really looking anymore to take any big size position because this mark is like this likes to trap if you start looking at previous stocks like For example Lucy you can look at stocks like CXSI They start holding the pre-market high. They're going to be fader or only late a fade or day two So what we're doing over here. We're holding the short Our risk is going to be in this case this 441 and 442 So we will plot a level of risk over here and now it's only about Letting the trade work if the trade will work Let's start we're gonna have is gonna be in the three twenty three thirty area So this level down here. This may support What I can do is look in a book on the price section. That's all I can do There's nothing more to do nothing more to trade on the stock if We have patience and this will pay will be a very good risk over ratio if the stock won't pay in this case We're gonna have a small win. I Want to share the price section that we had in the past days When we had this kind of price action we had INEP This morning, but also three days ago And I want to share The price action we have in the stock So you can see and I'm gonna put out here the level of the pre-market high You can see trader that this is the pre-market high. Okay, so sorry actually This level here. This was the pre-market. I have three days ago the 24 So we had a pop at the open we had the stuff very similar to the price session we are today And then you can see that around 1015 so around this time 1015 1020 1030 We started to reclaim over here the open level We started to reclaim the pre-market high, which was around 295 three dollars and this discontinued extend Was only a fader traders On the day two if you look at back in days, I remember Lucy Lucy was a clear example of all this There we are. This is Lucy. I'm gonna make this a little bigger There we are And Lucy the gate we had exactly the price section that we have today on side, right very similar So we have our pre-market high, which was this level here. We break it fail Push fail again 1015 seems unwinding. Okay, so 1015 is below the pre-market high below the open level We form a new lower low and then over here 1130 we move to 1 p.m. We have a higher low Move over here 1320 a new higher low and then exactly a squeeze So if a stock continue to make a lower high lower low, there's a potential candidate for a fader even today With the fact that we hear that instead of making a high lower low we start making higher low and our high So we hear higher low higher low break this high we make a new hard high and then it squeezes The point again remember sigh doesn't have any kind of dilution So it could be a potential trap this morning and ideally a squeeze coming. That's the reason why for me is short in a good level Holding with risk now in the money If we're gonna have a fader, this is gonna be a good opportunity if we're gonna have a stop in the money That's fine part of the game. Okay? This is trading small caps Another stock that is gaping right now is a UDA So a UDA we're talking about the small cap with around four million float Institutional be here 10% more or less you can see I don't see any news relative news over here. We have an extension plate this morning and exactly pushing this $3 resistance, so let's put it here a one-minute chart They're pushing this $3 resistance and a star fading. Let's look any kind of Daily key level Yeah, we have one so we can Plot this level of resistance over here, which was the previous move and in this day we traded around five minutes, so I will be taken this high as a relative point Also because we traded volume. It's not a lot of volume over here is like five million a little bit more. I Can go check over here the records to see if we had any kind of Also gap. We don't have any gap. All these were extensions. No gaps above 20% Then we have other levels of interest. So we have the size over here Which is a 320 and then we have this high over here around 340 345 So we see with book map This grinding price action Then we had a wash out over here at 1024 Let's go check it on the one minute This over here you can see the wash out Push over here to the high Start to make over here rejection at that Daily area between 2 9 over here and 320 and then start to fail now assuming that you didn't take the trade because you are You are Not on this. So I'm going to look for potential place Now the only potential place that I see is that if we establish a lower high so ideally 280 290 We're gonna have low volume and then ideally we can see a setup to short into this area here So the daily resistance this is some of the The place we had this morning on site so first over here we have a Trader who got long this long was a little bit early stopped out Then it took the long of it here sold to this position into this peak three ninety four dollars And you can see through that use if you start shorting front side of a move over here. You're gonna have a lot of problems So the trigger here and says trigger very good Way to this main extension the 470 and then start attacking out here lower highs So we can see the the pushing the side of 450 we're talking before and then card of this is a correct way to to take these trades or You can simply look for These trades over here like this other trader took In this case these are longs So this trader didn't touch short in this one and that's a very good way to take I know that also was very hard to find borrows or you could take them very early or With some brokers were a little bit more expensive So here the took the trader took simply a perfect long at the gate Sold and then so this push so you can see that with the same stock. We have more than one possibility You can take both shorts both longs and still be possible because it's possibility before both type of traders To make your day. So let's go check back Our side remember we have no dilution and this is the reason why I believe Besides for them having an agenda Why this is holding more today and Not simply fading. So let's go back and put over here side No, that was stuff. I also would like to show you Tesla. I know that a lot of traders over here follow Tesla Beautiful and wine this morning. So Tesla over here the plan that I gave was First setup looking for an overhounder, which is a short position And then I said in case instead of a reversal, let's look for a long That's in this case looking to trade with the 160 puts It fail all the way down With high selling pressure look these bars over here in the one minute. They pass the one million We're gonna put also here The dots so when you have a chart and you just want this as the previous chart Go in chart settings inherit and then put Inherit from the other chart that we had before So we can see over here all the major levels of liquidity that we have today on Tesla So the first thing is start looking at the key levels of the previous day we had a previous day low 158 and 70 And then I want to zoom out a little bit So I'm gonna go to a 30 minute chart or a 60 minute chart, right? And I'm gonna look for those previous support reasons areas because I need to know over here What is going to be the target? Target this morning. We were looking was 155 So let's go back to our hourly chart as well. We can also check even better a daily chart and we can Zoom in a little bit. So you can see traders this level Off liquidity over here Over here. We have a gap fail, right? from the 155 Down over here to the 146 147. So generally when we have these levels off Support and then we have a simply a gap feel the new level This level here support would be a level where we stack. We're a stack a lot of liquidity So I want a little check over here when we added 140 154 50s let's go over here and The 154 50s what this area with this huge Liquidity area over here. You can see all the orders. They were removed The stock continued to unwind over here to 153 It tried to push back up to the previous support now resistance We had the major seller right here jumping at 154. So he was stopping over here at the price action another dump in this case look how Boomer helps you Because we start forming a new support level here now this time 153 and 55 And then we start forming higher low so and The bounce over here. I mean this bounce is not really a reversal Okay, this bounce is just like I would say solid physiological because when we have a big unwind like this It's normal that we will see some kind of profit taking from short sellers and On a major support. We'll see like dip buyers always happens, right? So in this case over here What we're looking is only trend following on Tesla for now Not any kind of Long position in mind. We're gonna stay with the trend Let's can what else we have this morning. So CRK and KN It's a gap with around 118 percent gap 72 million volume trader for now We have a low institutional around 22 million float We have a history of the fader. So this stock faded every single time they had a gap above 20 percent in the last five years So eight times eight times faded 100% fader AUDA is the stock we were looking before and Ideally be here. We'd like to see again 293 dollars Cy Which is a stock that we're actually in short But it's not really fading It's just sold in over here this pre-market high era so the pre-market higher over here and We can see right now that we rejected this level of resistance for 40 Let's see what else we have in the market pba another small cab company 40 million float loins ownership Nice over here stuff happen twice This is one of the usual setup that we like to trade So first up over here and then second one over here zero 78 and LU and are And you know our nice extension this morning from the lows over here or sevens to the 940 Stock with 50 50 percent fader by history Stock with decent institutional ownership. We are around 43 percent No news that I can find 625 million market cap 17 million float I Already put over here the key levels from the previous days. We have this This era at nine dollars We have more over here in 950s so we can trace these levels $9 over here You put it here the 950 and Then we'll look even higher here. We have anything See a five-minute chart. We can definitely put also a support over here this 10 10 20 area Resistance already 10 10 20 area about these extensions they like to Pump and dump so I'm looking for the stock to pump and dump I'll be looking for One of the better than like to trade is called J slim So mainly is a bull trap pattern particular drill to a pattern. So I'll be looking for that kind of play To take the trade over here today short Let's go back on Tesla So act over here is asking J using bookmark with a high sensitivity of heat map To the tech support reason levels could you show us the sensitivity? Yeah, so it's not something fix for all the stocks the same so for example Tesla will have some some particular settings and Small caps according to the volume into the dollar stock will have other type of settings If we look at Tesla, this is Tesla in video Amazon meta spy I Would say also Bob in this market because it's pretty rangy. So there's a lot of range are my favorite tools to trade what concerns in this case spy ETF and others big caps what concern this ass so I go over here and You can see it first of all my heat map Now I didn't put yet today Tesla with my filter, but generally like to put it here one thousand or one thousand five hundred So I like to filter The small levels of heat map. Okay, I don't want to see too much confusion my charts Only the main important levels Okay, so we can see over here this 161 plus area. There's high liquidity. So this morning. We're topping out I'm Looking when I have these dumps. Okay this morning dump this morning go up and fail For two main setups. I was talking over here before with the trader The first setup is gonna be a view our projection or a first pull back to an explanation We never know you may from that point the Stock simply start unwinding over here. I would say with really big volume big size These bars in the five minutes are They rise above four million. So this is very huge Big orders dumping today on Tesla. Okay And again, so this is one of my favorite stocks to trade I Simply traded almost every day and I would suggest you if you want to get specialized and become good in one stock to follow The stock that has a high liquidity and a high range. So that's a high put the possibility to make profits the to answer we hear The answer we hear actor if I go and I check over here the volume dots We can simply feel the area with this a lot of traders will put over here smart or By volume, I like to keep it smart over here You can put even in there at none in that minimal display volume We can put for example 100 and then apply but If you put smart over here by volume here's put smart is pretty fine We can put a regression by time a regression by price version by volume, this is fine I don't like to have the dots Too big we'll just keep them very small. I don't want that day. It was say make my levels Small I want to see the levels first of all and then I see how the price reacts over there What platform do you use behind book map to see the institution whichever okay? So this over here is at the trade So over here at the trade You can check even under my my videos over here for if you want to discount, but essentially I use this for the illusion I use this for Overview the company the stats filings and the charts itself. It's a pretty good one. So I really like it So test on wind and now look let's look at psi So run before we're talking about the stock. It's pretty hard this stock So we got I'll break even the rest or in the money the rest As we said, it's 10 o'clock past. It's still in that pre-market high This is one of those I would say stocks that are a little bit harder To trade especially now we have any kind of a plus setup. So we will simply wait over here that We have a good play So grinding stock by 1030 I Don't see any kind of a plus out that I want to trade Potentially this could give us now in the next 15-20 minutes two main setups and I will explain what I'm looking over here First will be a break of 4050 4055 so this area and we could have a potential big long over here Okay so on the break of this level 450 455 We're gonna have a big potential breakout and why I tell that at this So over here this morning, especially once we fill the V-wap we have a Lot of traders that are trapped. So we're gonna put over here Text we're gonna put over here say white short strapped Below V-wap and pre-market high. So what I mean by that mean that or you're short When you take these trades high Or you simply leave them and on trading Okay, because if you're short over here weakness, they're gonna trap you you can see over here We have a trend line this morning. They're holding this trend line So one point over here for me. I'm gonna call over here the first phases, right? We're gonna have a breakout of 450 say 52 and push to 470 and 5 Okay, so this is a break up and you know that I don't like to trade break up. So I don't be I'm not going to be traded it The second one is that is a instead push to 450 and 460 major Stuff move What is a stuff move is essentially like we had before a breakout Right away a dump. Okay and done Let's put these with These are two potential setups that I'm looking right now on site. Okay, it's clears readers Link, can you share your chart on site? So I just want to share the risk management with with the women's heart today. It's a good example of How a stock that we were trading is Is was correct the plan Correct execution The level that we traded was this point over here and We didn't trade a stock. I would say with you know any kind of big size Right, so we're talking over here about The potential to make a four figure But I want to share for with you this to start only to share the the risk management Then this case the trader had which for me was very very perfect So we have over here The data extension for 70 and then over here After this major stuff that you can see this red wick the trader got in short Okay, so first target by plan That's the pre-market high and at this point we have sorry that is below the pre-market high the pre-market eyes for At this point we see that we have to cover partial and Then or this will unwind for a major fader or in this case risk in the money So this is the correct way to trade when something is an A plus that about in this case doesn't work Okay, so remember that not all the trades you will take will be All day faders if you're sure some will be wrecked like this So we're watching away here at LUNR spy ETAO Tesla as well Six aside, which was a major faders morning SOBR Tesla mate to Amazon and video. We're gonna check with you traders over here now Tesla, so we're gonna look at this stock. So remember what I said, we have an essentially a downtrend stock So we're not really looking to trade this Long we only be staying this short We're gonna see a potential sigh if we're gonna have that for 55 for 60 fake our short again Or this was in pre-rip to 475 We had a big move today on NVIDIA And this gives us first a short and then reverse it upside Okay, this is one of the pattern that I love to trade This morning we had a video Gonna put over here So this is in video traders We have this morning This is the 930 open You can see it started to push 930 to the 271 Which is this level over here? It rejected This heat map that we see over here Gonna zoom in There we are Reject over here the heat map 271 this area It simply start dumping So we had our Set up over here. This is a set up that we trade for a short The short entry is around 270 point 50 to 7.6 to 7.40 So just when we start crossing to the downside at pre-market high and then we went to this Pre-market low so picture perfect, right all the way down over here around three points move What I like about this is that if you look at book map We see these orders coming in So to 70 point 20 to 70 to 69 point 9 So it's like tapering down over here, and it's a stair step down pattern So we have sell that continue to follow over here the price and then once we got this to 67 So the pre-market low we start having bars again. What I Look is confluence of signals So we got to this First over here to 69 bounced We got to the lower here to 68 bounce We got over here to the level to 67 bounce This is that first bounce where we start making actually hard lows and break the previous relative high And then we start pushing more Dipping again. So holding this previous resistance now support Breaking the view up and that is your reversal Okay, that is your reversal So we have to continue to look at the scanners over here 11 o'clock So LUNR PBLA AUDA Psy You can go back over here on Psy Yeah, Psy traders are one of those stocks that they're hard to trade Because Right now we have short-strapped and Only if we see a bull trap over here We can grab for the short side. Otherwise, we simply have to wait That's just making our lows and our highs for now. We have to wait on Tesla So Twitter over here is asking about Tesla if this is a potential short set up, right? So look over here traders first of all the first thing I like to do is tracing my fibs So I trace my fibs in this way So we have a descending stock Down trend I Place the high over here when I just up here and then these are retracements This is the way that I traded and use it So right now price on Tesla is pulling back to the VWAP 156 It's pulling back over here to this previous small consolidation area right here, but unless major Stuff or any kind of candlestick pattern to confirm over here a Bull trap with this 156 156 and 155 then reversal so continuation to the downside, I'm not going to touch this Okay Not gonna touch this and this is Cy again So breaking down this trend line often they will do this and then it will start pushing upside So we're gonna see this over here. I'm not over here trade short So I would like to see over here a potential push the 450 never short of here weakness because just simply gonna trap you often on book map if I look at my levels I can trace my trend line we can see that now we broke okay this could be a potential trap so the level that we want ideally to look for short is the server here into the 450 no look for anything less than that you know and also this has to be your play has to be very comfortable trading this it has to be part of your playbook of your niche the wise will simply take it so almost to the zealons over here and curl it back up. Psy we could see traders a potential 410 dip and then bounce block so I'm looking at Psy what I'm looking right now is a potential dip this area and then along let's look together if you're gonna have any kind of signal over here to enter long so for now they're dumping wash over here to the 409 this is a good potential long over here if it holds this four dollars for a bounce play so you can see that we had a wash for the rate previous support right this over here we're also at this we say low or far the setting triangle because we can see the price action over here essentially is bouncing over here let's see so now the second level that I'm watching is this area here for a potential stuff in short 450-460 any question traders so actors asking over here if you trade particular option you trade a particular option you mean stock so based on the stock I prefer to trade options on high liquid stocks like on Tesla no I just like vertically here so let's say that we're looking this morning at Tesla so you can see that I'm gonna put over here I mentor and teach traders on options and you can see that we were looking for 160 puts or in case of reversal 162.50 calls so in this case we apply the strategy that we use from the line stock on options all right and I do that I would say in a pretty efficient and easy way so not too much trading with the Greeks but looking at the first add the money in the money or out of the money generally weekly options where I have a lot of liquidity so I need volume if something is as pretty if we don't have enough I would say volatility on the line stock is not something going to trade okay so that is for me the first the first main parameter I made buddy some videos on options that you can find on my YouTube channel start looking at those then you can reach out to me I can give you some more things to study okay I try to look over here this is what the market often does we have a dump and you can see over here that we have this very small trade over here that we don't know if this is an algo or somebody that starts to buy over here and positive then we have more liquidity coming over here for 16 so in this case if you miss over here that 410 dip you know this support that we see over here is not anymore a trade long to take because we want to take the perfect dip the fact is the first 15 for 16 over here could be only a spoofing and they make you enter long they push a few cents they stuff it that cancels like doing over here right now and then it dumps you know so it could be a particular trap that they like to do thank you actor I'm very appreciate buddy I'm here just to help traders so when you have a question just reach out one thing on Tesla I want to say if you are listening what we're saying before one of the only so they like to trade when I get to the level yes to see stuffs like this Tesla and this is a particular J slim which what is a G slim is a tight narrow consolidation okay so in this case we're just living out here the trade probably won't work but that's exactly what I'm looking to trade okay so you have to train yourself to recognize this kind of better so traders over here is asking what you think about nasdaq what do you mean buddy about thank you futures a scar so I'm gonna share over here a question from a trader I will make the picture larger here trade when you can send me your charts bigger just because I'm a little bit blind okay so over here we have some levels of confluence and just asking me over here where you point out if this over here is by playbook okay a level where I can look too long so we can see that we have a major dip and when I have a dip I'm looking for a support the more we test the support the more this support has I would say reliability and it's not only because I see a technical over here banned that I want along but if that band is has confluence with other signals could be key daily level could be with a candlestick pattern could be in this case with book map then the more things I align together and they confirm my trade the better is for me to take a trade so in this case yes this is a playbook entry if we align all setups together now I don't know what this stock is I don't know what the CLSK okay but I would need to see the DHR and everything over here we can see the confluence of the level of the J lines and the level over here heat map that they correspond together so that's often my way to go for taking these deep long trades yes so let's go back over here at side so you can see what it did right first day place over here support so they invited to get long now they shifted here the support so seemed like they were spoofing over here and then they place over here the resistance so now what's the point they will invite you to join on shorter here but again shorting weakness is always a very bad sign because you expose yourself at more possible losses so I don't generally do that I mean I never do that I never showed weakness this is a 50 minute chart and this is a 30 minute chart and be that looks interesting over here so we are inside this range from the previous day here this is the high of the previous trading range we start curling over here so we could have a potential move to the 272 and 50 273 and 60 still not a setup for me form but I will be watching today at Nvidia so we have a potential over here breakout on Nvidia so we like to see this breakout and then looking for pullbacks to buy it long so I'm looking over here for potential breakout of 271 if we're gonna hold this then I'm gonna long into pullback that is the reason breaking the 271 we're gonna put over here all right to the last few minutes together if you have any questions please reach out so Trader is asking about a comment that I gave before on Inapp and I'm gonna explain over here so Inapp is one of those stocks that was up two days ago so this morning we had a bounce play I'm gonna enlarge this one second so you can see over here that the first day so the 24 we had a push it faded right we're here where the bear trap push again to the upside faded and day two faded this morning with a bounce over here play this is a bounce play where into this high liquid area you can see that this was the high the lows over here so we have this structure over here of resistance okay we started fade over here fading over here with very no major we say bull trap over here it's like had a rejection that 280 so I didn't jump in the trade and I start simply fade over here with low volume I didn't see like any kind of big bar but also not a big seller only over here in a 20 dumped then over here more and I'm 30 but the first 30 minutes was very choppy over here so it was slowly fading slowly having liquidity over here they only dumped after a 20 so when I said that was a fatty what a shady fader that was a reason why and me the breaking out yes so we're gonna look for potential pull back long all right so we have 11 20 over here hope that you enjoyed the session if you have question please reach out I'm J Trader I meant a small cap small cap and book map in the last five six years so if you have question reach out see you next week follow us book map thank you very much and see you next time thank you traders