 And we have found the Canadian IV PMI April 2023 for reports on the news feed for those of you that are interested So the NYSE halts Western Alliance on additional information to just repeat that there NYSE Halts by William 101 contracts All right. Good morning. You guys hear me in YouTube Type something in the chat appreciated This course should be working to Christopher appreciate it All right, I'm gonna run to the disclaimers and I'll be back in 90 seconds Risk disclosure statement. There was a risk of loss in trading stocks, EDFs, commodity futures, derivatives, options, forks and cryptocurrencies This risk can be substantial and therefore investors should carefully consider financial stability prior to trading past performance is not indicative of future performance The software, strategies, chatrooms, websites and any associated websites are digital venues are for educational purposes only and should not be construed as an express or imply promise or guarantee that you will project or that loss is Maybe limited in any manner whatsoever Users of the information accept so responsibility for the outcomes of their deployment in wholesale sector, LLC and any associated companies, agents, management, owners and customers harmless without reservation Please trade responsibly Commodity futures trading commission, CFTC, rule 4.41, hypothetical and simulated trading performance results at certain inherent limitations some of which are described herein No representation is being made that any accountable or is likely to achieve products or losses similar to those shown In fact, there are frequently short differences between hypothetical or simulated performance results and the actual results subsequently achieved by any particular trading program One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading For example, the ability to withstand losses are adhered to a particular trading program in spite of trading losses or material costs which can also adversely affect actual trading results Because these trades are not actually being exceeded, the high-budget results they have under overcompensated for the impact, if any, of certain market factors such as lack of liquidity There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in simulated trading or in the preparation of hypothetical performance results at all Of which can adversely affect actual trading results You can see when I enter zone prices into the master spreadsheet as well as the price of standard trades whether you want to go longer or short You have the ability to copy the spreadsheet and enter in your own values and use mine to confirm the zone prices until you are able to draw a stretch into trade as it has entry prices and stop prices for both long and short positions depending on which way you personally decide to trade I had another bank failed or yesterday and markets sold off initially, it was like right at the globe X open, the crew dropped like $4 and then of course regained it all The old budgie jump gold ripped and now it's actually back to the eyes, there was a stopper up here So this is gold is actually in an important zone, these are zones that I draw for the room, they're just based on the four important aspects of charting Tops of bottoms of balance areas High-bind nodes of balance areas where the most trade occurred in a balance area and directional conviction and buying and selling tails So this is a zone where obviously there was a Sony tailer that led to a decent down move and then definitely a bigger down move And this is also the high-bind node of this smaller balance So this is an area where I will trade my, we call them Izzy's, it's one of my trade strategies that we're working on Izzy trade, so this is just an inflection zone trade, so they're basically fade trade So moves into these areas, I will fade when I see the volume set up and we'll draw this zone here shortly So I'll draw the zone on the book map and when it breaks out of there, if it breaks out of there I get in aggressively So you guys have watched my webinars before most likely and I have two different types of entries Either enter aggressively or I enter conservatively, meaning I wait for the ATR retest So this one I would enter aggressively if it presents itself, so you can see here This is a stop run into an important zone, 246 So I will draw this zone and trade accordingly So usually stop runs are just the retail trader puking, so we call it the dumb money And don't be offended because I'm the dumb money as well But we're not as informed as the big money, aka we can't push the market around That's what makes the smart money, the big money, the smart money because they can push the market where they want So basically this is usually when you see stops, yes you can, people can stop into positions obviously But when you see, you know, big large grouping of stops, it usually pukes Right guys, puking out positions, so that tells me right there it's not potentially not real buying anyway Right, so if you get into an important resistance zone and you know it's not real buying Those present themselves for excellent shoring opportunities many times So make sure this is right So A long webinar with Bookmap yesterday, we went over the new market pulse that's coming out for you guys I don't think the general public has yet, but we have it in my room We're testing it, beta testing it and it's pretty incredible, we've seen a lot of cool things there We went over the Neutrider Mat Pro, but then we went over the different modes for this Actually this is on reset, so the different ways to view these zones as they come in So I was on sliding a long time ago and then they had a bug and then I moved to reset So I've been using reset for a long time, but then I learned yesterday, which I didn't know for about three years That if you're on the reset mode, it basically is resetting based on the minute Like if I have it set for a minute, it's resetting at the minute mark of my clock Well, I mean that's not really showing you the actual volume event I mean it is, but it could go further and it'll like plateau and it's not really showing you the volume event It's just continuing until the minute's up, right? So sliding mode is supposed to show you the actual as it comes in when it starts When the event starts to when it finishes, if I have it in a minute, that's when it shows The reset mode is supposed to show basically every minute on the clock It's a little confusing, but the point is sliding looks like it's going to be more accurate I'm going to switch back to sliding for now, it's not that big of a difference I mean it is in some instances, but for this one it's not, so you can see here I'll have it on sliding And then I'll move it back to reset and not much happened there, right? But some of them are huge differences, so the jury's still out on this I did used to use sliding, so I'm going to give it a try But I have another computer running too and I have a different timeframe too We're going to get this down, so it's more consistent Because the last thing you want to be doing is questioning the zones and if they're right Trading's hard enough and what we're doing in my room and what I've been doing for years Works the way I'm drawing these zones Granted I may have been drawing them a little further out because of the time clock Than they need to be, but worst case scenario they're just a little wider Than they need to be, they're never going to be more narrow than they need to be So I don't want to go down that rabbit hole That's probably too much anyway for you guys, most of you guys are like what are you talking about But anyway, let's trade instead about that So just know I'm on sliding mode right now 205.6 is the top of this zone And this is the spreadsheet that my trade room has access to That you can access to if you're part of my trade room Don't, I get all these emails asking for access to this This is one of the perks of my trade room And I got all the other guys that are putting in this address into their browser And thinking that's going to work, that's not going to work Because this is a protected spreadsheet So if you want access to it, this thing is a godsend I mean it's the best thing that I've had in my trading Did it make it easier The guys in my room helped me develop this thing We dice icebergs sell CW If you're trading strategies that we're doing It's just so much easier to just put the zone in with the ATR Which is extremely important We'll make an engine using 8-5 minute filers And we'll also use the ATR And basically just so we need the current volatility in the market Which is very, very, very important So I adjust to that So that's, you know, there's a decimal there But it's basically saying this market's rotating 30 ticks every 5 minutes That's very important information that you want to have When trading So I said I would short this aggressively So basically the minute this moves down out of here I will short this at 250.9 And I can put on a 6 contract So that, you know, it tells you everything You plug in your zone, you plug in your ATR And it tells you exactly what your prices are And it tells you how much you should be trading Based on your account size So I'm trading these Apex accounts Each individual for each one of these strategies Just so we can get more accurate winning percentages For all these things So that's why I'm being very aggressive with these two If you're trading a real account Please do not be trading 10% of your account on each trade You are going to blow out your account It's a 100% guarantee I'm not saying it's going to happen today But you're going to run into it in a day Where crap's hitting the fan and you're going to lose your account The most you'll be trading if you're trading a real account Is about 2% If you see a trade you love You can risk double that But you shouldn't be risking more than 6% of your account size on a day I'm not going to go into that rant that I usually go in But that's one of the biggest problems that traders face When you do these Apex accounts With one of the Apex It's a great way to work on your trading And if you do well you're funded anyway I highly recommend it I stand behind that funding company I know they're coming out of the woodwork now But that's the one that I stand behind I've dealt with some other ones in the past That were just literally Just trying to suck the fees out of traders So the Apex In my opinion from what I've seen And what I've experienced myself To fund traders We'll get into that But anyway I can short this at 25 Or 250.9 I think it got down there So if that comes back down there I'm shorting aggressively We'll go over here in a second What my two different entries are I'll show you another trade I put on pre-market That worked out very well One second So I'm not actually clicking trades On the webinars It's just for compliance reasons It's just a risk that doesn't need to be taken I'm telling you guys what I'm doing These webinars are not to mirror my trades You can take the trades that I'm taking But especially these webinars If I'm still on the trade In the webinar you have no idea what I'm doing I may change it There may be a new setup The best thing to do Is learn what I'm doing Not copy me Just trade it A lot of traders want to go in these trade rooms Or these webinars That's great But you're not going to make A living mirroring somebody else So the idea is to learn what you're doing With these volume setups The way I use book map You can either trade how I'm trading Or you can kind of curtail it To what your method And intertwine the two But mirroring my trading Is not the answer I'm not actually clicking on trades I don't do it in my room anymore You can see everything on this spreadsheet You can take the same trades as I'm taking Or you can fade me if you think I'm full of it So That's that So again The way I trade these zones These volume events And this is from watching thousands of these I don't know what this is If this is a Bolster Bear setup I'm able to push at least an ATR out of the zone Then I determine which way I'm going to trade So I already know If this pushes to 0.9 It's definitely outside of the ATR And that's another thing this spreadsheet tells you So the ATR right now I'm going to make sure this stays updated You got to stay on top of this until you Until I get filled, I stay on top of it And I keep updating it So I know if this market gets to 13 plus two digits That's an official bear setup But it's already heading that way I enter just outside of an ATR Because I've learned the hard way Getting in before the ATR Or at the ATR You get these algos that snap back to the zone And I got real tired of watching that So I finally got outside of the ATR from my entries We actually have a trading strategy In my room that takes advantage Of that snap back and this is the reversion trade Where you get in just in front Of an ATR And then you play the move In-type trade where you're in and you're out But you're actually playing For that move and then you're back out at the zone So there's some guys having some Very good success with that trade In my room as well I used to take them, I can't keep up with them anymore Because it's a very fast trade And I'm trying to trade all these Different trading strategies now So these are all position trading strategies I'm trading longer term I can't keep up with the reversion But there's a couple guys in the room So And that's a great trade for Some guys mentally just can't I've conditioned myself but it took me A long time to sit through this nonsense Right, this algo You can see, this touched the exact This is exactly what they're trading In the room Nice iceberg by Wyom 101 contracts If you were playing the reversion trade there You would have been long at 16 You're out at 40 Let's see where that traded No, just below 16 And we're right back to 40 So this is the exact thing that we're trading It's unbelievable how these algos Snap these markets back to the alignments So anyway, this is an official I believe this is an official bear setup though If this comes back out I can put it onto it I never got filled in my original short Because it never got an ATR Plus 15% But it did trade down to 13 Real close, shockingly It's just amazing how these come Missed it by one tick This is an official bear setup yet But I mean, potentially Let's see what the ATR is Remember, you got to keep updating your ATR It's definitely not because this is going up 3.2 Brusselise iceberg by RT 151 contracts Because it didn't get an ATR Below the hit If you're confused A little bit Not the webinar, but you know This is what I do in my trade from every day So I could potentially take trades to the To the upside here too, but I need Weedstopstopcellzew 201 contracts We'll head over there in a second But I'll trade, I'll wait for an ATR retest failure And that's a different trading strategy That's called the BARF Where I just trade any volume event that I get Blind ATR retest failure S&P IceEisberg by ES Brusselise IceEisberg by RT 161 contracts Not so much All right, so Right at the open there was a bunch of sell-outs We did see that stock Get hold by the NYC Awaiting additional information No official confirmation yet But according to the FD Western Alliance became the latest U.S. bank So we'll get the FCB It's a lot to blow through it So it looks like I'm going to be going short here So ATR is Up to 20.74 So to make this That set up a bearish set up It had to touch 18 Dau IceEisberg sell YM 100 to contracts What's going on here? Is there a number out? So something's out, of course we'll be the last to know After the market like grips 100 points Then we'll know Something just came out there because you can see here You can see all this liquidity that was in the book Looks like a Christmas tree And then it looks like a black hole It's coming back in now, but something just came out somewhere So These are markets You've got to realize that You can have the best trade on ever And if something comes out contrary to your trade So what kind of keyword comes out Comes out of somebody's mouth As we call the Fed When the Fed speakers drop these tape bombs And so on and so forth All bets are off, right? So anyway, this did retest this known According to Moody's analysis The U.S. GDP growth would be 1.6% In 2024 under the Republican Debt Limit Plan versus 2.3% Otherwise 1.30.15 I should say And I could put on 3, I'll round up to 4 I'm in queues Moody's analytics also adds House Republican debt limit plan would Meaningfully increase the likelihood of a recession Turn on my internal volume 2 In case this squawk dude's talking over me A little too loud, let me know And I will turn off the squawk guy It's good to hear, but we're always getting Any new service, you're always less than no anyway I mean, unless you have elbows That are reading keywords I'm going to short 4 I'm going to put on 4 contracts at 3.15, I'm risking 76 Points based on this trade It doesn't matter what I'm risking I just change my size, right? I'm not opposing what I want to risk On the market, I'm letting the ATR And the volume event Tell me what I need to risk And I just change my size Moody's also adds a Republican plan Would cost 790,000 Jobs by the end of 2024 Not entries, but stops Let me put this in before I go on that rant 3.15 Second, this is the barf trade Let's go over that So the barf's in play The barf is just, again, any volume event And that was all the sell That came in pre-market Right at the open I could potentially put a lick trade there too But it's not equating you These are magnets, there's an actual Specific trade called the lick trade Just seeing that Weston Alliance Bank Has hired advisors And to make them memorable So that's the lick trade, but that liquidity Is too close, so the risk reward for me For that liquidity is not worth it So according to the Financial Times Weston Alliance Bank has hired advisors So I'm risking 76 points to make 15 That's not good trade So if the liquidity was lower I'd put on that trading strategy At 10.30am Eastern Time We get the EIA natural gas change Forecast, 52 BCF On the prior 79 GCF Here's your ETR, here's your retest If it fails, I'm going short So that's working, I think I heard something in ES So remember You want to have these alerts up too Because I hear things, but I don't hear things Right, so I heard something fire off But I didn't even know what it was So we had S&P, Russell, and Dow in here They all hit threshold So I just go to File, Alerts And that'll pop up that So you can visually see what happened as well So let's see what's going on here And Mr. ES So you can see your 1200 contracts came in Just seeing that the new 1200 buy-is has resumed Weston Alliance Bank Trade it And have again imported Weston Alliance Bank So I just want to see what this looks like on the reset mode I've been using reset mode for so long And I just want to make sure That I'm seeing the same stuff for pretty close See how much this changes on this Again, the last thing I want to do is being confused S&P Ice Ice Bird by ES 739 contracts That's not what I want to see So if I'm drawing the zone off the reset mode Then I'm drawing it Here Here Basically started there Use your cross here Here's the spike on the sub chart Started there Bonsai Ice Bird cell GB 534 contracts And I'm going to get into that But that's the zone And now if I change it to sliding See this is exactly what I don't want I may just stay on reset So you can see this just kept That means There's a huge difference So it's like now making this zone And we have posted the Dawai Ice Ice Bird by WIUM 103 contracts I'm bringing it all the way up to 8 Goldstocks stocked by GC 186 contracts We're doing these on these webinars Because I don't want to confuse new retraders But this is... We went over this yesterday In my trade room we had a webinar with Bruce And one of the developers I'm just going to leave this at reset Because I'm not understanding why Even with reset you think you would see some spikes Up to here Gold Ice Ice Bird by GC 151 contracts I'm going to get out of this zone here Let's clarify with that more I've been on reset for a year So I'm just going to leave it This one was pretty similar I'm not trying to confuse you guys Which you probably are So That's How I've been trading these That did incorporate all of these So you had This was right at the open That was only 120 But you had 151 You had another 221 You had another 176 That's the zone here So I'm okay with that So this will be the The zone you can see here Look at the 4071 down to 4068 Full cost 52 BCF On the price 79 BCF Gold stopped stopped by GC 245 contracts So you know like I said I've been trading these for years It's been successful There's guys in my room killing it The age old adage If it's not broke don't fix it I need to see more examples Of the sliding to switch to that Because I've been using this for so long You know I'm using reset You guys can use whatever you want There's different modes here Yesterday we were talking about using exponential mode I laughed like this This mode is not tradeable Right for what I'm doing That just shows you the whole Not exponential I'm sorry That's what I used in my original The sum mode This tells me nothing This tells me there was some bias here But this is not actionable Moody's analyst Mark The US government Is most likely to run out of cash To pay bills on QTD That's what I said 103 contracts Alright so this obviously got an ATR above here 5 and 10 year yields are Today's lows 77 quarter got up to almost 80 So this is an official bullish setup So now it's this I'm not just jumping in along here though I need to see Maybe it should have already been long But anyway it did return to the zone So if it moves back out of here I will take along But not until that Those are my rules for the conservative entry Let me see I think this may be an inflection zone NES Let's take a look And this is an inflection zone So we should already be long We just went over this So this is an important sum According to sources Like 15,000 buyers that close one day But this is where You had a small tail And this is what started this huge directional convection That led to this up move eventually So this came back here Bounced with a buying tail And this is a straight move into this This is telling you a little bit About the Character of this market today These zones are very important zones That's why they're called inflection zones If you see markets rip right through them This one ripped and retested But that's telling you something's up Most of the time, especially in this market environment How every single move is like a bungee jump If it doesn't even pause at that zone That's giving you information If this rips through here That's information and then when it moves back into these zones Those are really really good shorts But according to my rules We're into this zone If this moves back out of that volume event I should already be long I'm going to take along So I did fill all my shorts So my favorite the dueling positions But as this is what it is I'm not conflicted like This is looking to get bearish set up in Q But ES is in a zone And that might be bullish I just follow this is what having a trading strategy is You just put the trades on every single time If you have an edge They work out in the long run Just like a casino, we talk about it every single week I just got short NASDAQ on the ATR retest failure So I'm short that one And there's a potential that I can go long Yes, do I like having dueling positions I know, but I'm following my strategies If you have an edge You just keep putting the trades on Now if this market is able to push an ATR Below this zone What's this? Is my volume down? Sorry, we had a new volume Sorry One minute remaining Let's see what this is This is a thousand I had my volume turned down This looks like this is So this is a new event So I could trade Because usually I Say we're trading off of this original event We were looking at this first Then this second one hasn't happened Well I couldn't short off of this This event because This market got an ATR above here That's my disqualification for a short So if this didn't come down It would have been shorter because it's already Proven it can push out of here And that to me is a disqualifier But we now have a new event So I'm going to draw this new event It's pretty much in the same area But I can short off of this event 10 seconds Because it's new, it's the most recent event So it'd be nice I spurred by ZS 156 contracts 52 BCM Internal volume is way down Popped up to here The majority of it came in here And just used your crosshair So I would make this zone 41, 71, 50 to 69 S&P Icy Spurred by ES 700 for contracts S&P Stop, stop, sell ES 686 contracts I got new information coming in I could potentially still short this If it retested this zone But I'm going to draw these news on New information Quickly I just want to see What some areas I've been potentially getting out of that short These are Ludwig levels We'll go over those The second most powerful thing I've ever seen in my trading We are very close to the The blue lug here Not very close, got another 40 points But this market I'll be watching As closely as this gets down to here And it struggles at all, I am out It's how powerful these things are I'll be out of my short Lugs, or it's going to bounce Speaking of which, let's get Our torture Waterboarding going Mr. Tickstrike I can't trade without it But I tell you guys every week It's pretty Rough when you're watching a losing position Going against you and you get to listen to it too But we'll keep an eye on this, this is very important Obviously it's telling me what these fang stocks are doing These are meters are Set from 1 to 15 They go from 1 to 15 The lightest buying and selling That's telling you the The amount of the buying and selling And the speed that the orders are coming in So you can kind of know when there's real activity going on I have all these set at 11 So they will not Light up until At least an 11 threshold is set That just tells me one serious buying and selling Is coming in Very important But it drives me crazy sometimes So in here This looks like this is a double whammy So these are one of my six distinct set ups That I talk about in my trading course You can get that in the Bookmap Marketplace Or on my website I am coming out with a new one soon It's just taking a long time Because I'm having to have things like With the modes and everything else That we've been talking about today I gotta get everything square away But that'll be out soon Anyway, you had the dumb money puke Into the waiting hands of large buyers That is usually Inherently a bullish setup It doesn't mean it has to be If it breaks, if this doesn't hold That's giving you some really important information As well We already know all these markets Rip through a couple of the Important inflections Hold losses down to 3% after EIA reports The build in line with estimates Overall I do as well I try to cover color my double whammy's Dark blue This mouse is extremely slow When I use this YouTube broadcasting stuff Soybean Ice Iceberg buys Yes, 153 contracts That's a great setup too It's messing around in here So that's your newest zone here And I will trade off of that I'll show you a variation I can still go short off of that first one That we just talked about I want to check internals You should be checking this right away So this is interesting This thing has taken a complete nosedive Actually that was yesterday But today it's almost trend down So if you see that you're ADD This is just advanced decline for all the stocks NYSE The main universal stocks The whole universal stocks I should say Here's the VIX Wow this thing is slow If this gets down to minus 2,000 You want to be very very careful of taking Or more You want to be very careful of taking longs You're going to get an occasional pop In the market But it'll pop and then like a shallow pop And then the big move will be down Shallow pop, big move will be down So be very careful of taking You can take longs but I'm telling you You'd be best served to be getting out of your longs Pretty quickly because this just means You're fighting against the overall market What I am not seeing here So this is looking So you want to look at your NYSE tick too These are just the stocks that are upticking and downticking So I'm just trying to get started with that You can see this thing has been Basically below zero the whole time And it's starting to hit Negative 1,000 When you see the ticks Hit a negative 1,000 or more That's big money Okay program selling So they're selling the whole baskets of stocks Things like that Other than you want to watch If you're in a day that it's ranging And the market's moving down And you're like yeah I think this is just going to Range back Well you want to make sure your tick is If the tick can't get above or below 500 Then you've got a very good chance of one of these days But if you're seeing the tick Continuously pound the 1,000 mark You're probably going to see one of those days Net gas stops LNG 170 contracts It's the natural gas stuff too Okay so gold I never got filled on that short But this did move an ATR out of there So if this retest Actually something new came into So we'll come back to that I'm not gold as the least of my concerns right now Market is a clown show Alright so What just happened here So this bounce of this double whammy worked We just talked about how there's usually a bullish A bullish event If you see the dumb money selling Which isn't real selling I didn't take that aggressively here Even though I was supposed to Right on this was a mizzy I think I just missed it Wrapped up in my little rant about the So I just missed a trade here I was supposed to be longing to this zone I should have already known that So this was the inflection zone I just got them talking about it So there's no excuse for me missing this trade So I should have been in this zone I don't even think I can put the zone prices in See if I can still get in this thing So I already know this is a bullish setup Because I'm able to push out of there 4063 quarter And your ATR in here is 6.65 So the Izzy's like I talked about earlier Hold on one second Our aggressive entry So I needed to be long in 7375 With this current ATR And that still didn't get up there So I did not miss a trade yet I got real close To 3.50 So I did not miss a trade But let's see if this Let's see what the validation price to make this along So 7275 Makes this most recent setup a long setup So that is in the cards So this setup is done I wasn't going to potentially short this one on a retest Why is that done? Because this was able to push an ATR above here So now I'm watching this For that I can play the barf trade I can play These are longs I'm not thrilled about going long here But ATD is not trend down yet I'm just going to get rid of this So it doesn't confuse everybody So this is the most recent setup Saudi Arabia That's June Arab Light Crude Oil OSP to Asia At plus $2.55 the barrel Versus Oman and Dubai Average According to the source My trading is going to be killing it today Anyway We do this I'm going long Easy trade It's an aggressive venture but it never got up there anyway So I'm going to put both of those in right now If it comes back out of the zone I'm going long ES 7375 We're going to keep an eye on this ATR To make sure that's accurate until I get filled It's still 7375 So I can put on 6MES 7375 Easy trade Over the bond trade I put on earlier That worked very well Here shortly This is interesting None of these are going off by the way Alright so that's working I'm already short in ASDAQ so there's a chance I'm going to have dueling positions on But again I'm just following these independent strategies Each strategy has its own You know its own makeup So once again here's the retest This is the zone This is What these markets are trading off of You can see even these algos They snap it back and then it rejects right off the bottom I mean it's unbelievable How often it happens And it's every single market Every futures market reacts the same way You just need to know your thresholds You need to know if you're doing the ATR trade Some markets go more than the one ATR So you want to be trading either the 2s or the 3s That's all stuff you can learn in my room But when it's uncanny How often these markets Do this and then that Alright so I'm short in ASDAQ If this doesn't move back up to 7375 Then I'm not going to go along this market These are my rules So a lot of guys would be like Well you said this was a bullish setup And it's back in the cell Why would you not just take your lung there Well because I've learned the hard way That when I would do that being greedy Like well why do I need to let this Move back out to 7 points before I get long Like why would I just get long right here Because I've seen too many times where it just does that Right so if this is able to push out That just gives me confirmation That this setup is legit And it's a legitimately a bullish setup You see what I'm saying And this is exactly what it's starting to do So we will watch that I'll show you a quick bond Is either I took earlier in bonds The US Banking System Has substantial liquidity And deposit most of the stuff With at least 5 events and this market Just ripped out of here This looks like a retest to the zone Hold on guys Sorry I did not know what's wrong with my throat lately Because if you have to hear me clear my throat 85 times on the webinar I might have to go to the old doctor for that one Alright so anyway this was the setup earlier I took this game down here There was massive buy ice This was a broken ice event You had 1300 sell ice here Into an inflection zone So remember I take those aggressively Meaning the minute it breaks in ATR Plus 15% out of there I'm in And that was the straight here So remember these are zones At not exact prices right so this came I can actually brought this down to you Because this is where this gap should update a little bit But this was in that zone Nice and I got it immediately Right when it broke out of that zone And it caught a nice trade And I got out at the lug The blue lug We'll go over these here too shortly You can see this thing is very Ridiculously powerful Unresponsive You guys still hear me Or I lose my internet This is not good that I can't connect to my other computer Because I want to show you guys what I'm looking at You can still hear me Okay thank you I just want to make sure I'm not losing Yeah that's where I don't know what's going on with this Google remote I never had problems with this That's not good For you guys Because I mean I could see this on my other computer But I want to show you the screen So anyway at the time this was The blue lug But then you can see this was a barf trade too I just stopped watching it Because of the webinar There was more bias here That's the zone and you had your ATR You retest your failure and you could have been long off of that too This is a full These are huge moves for bonds That's usually sitting in a two tick range for nine hours To move a full point like that That's Kind of upset I missed that trade Alright So still not filled in Yes remember the entry point is 7375 to go long Alright hopefully this is going to work You can do it So that's the squawk page I remember it gets access to and you can see This is the new market pulse Maybe go over that I don't know if they want me talking about it before It's available to the public The first market pulse is But this one's even better because it's showing you net net buyers and sellers Versus the way they have it now You're seeing them individually So I recommend that they show you net net And that's what they did Alright so I just wanted to show you Bonds here We'll talk about these levels This needs to be refreshed But the time it got up there and you can see it did bounce off that level Right So this is why I got out at the time So I got long down here Came up here Touched it, I got out It did pull back a full like 12-13 ticks Again this market's moving like gold Or something that's pretty unheard of Anyway came back up, formed new loves When it forms new loves and holds the prior red Directionally yellow Your thesis would be Prior red So this is all, I did a webinar with Mrs. Ludwig But I'll share that here in a second Remind me if I forget But anyway these things are the second most powerful thing they've ever seen You can go to her website I know I show this every webinar guys But there's always new traders on here Putting your name Information You get special pricing and get a 3-day trial And once you see him you'll be like Yeah I can't live without these things When these things go down in my room So she's in my room too You just say Hey Mrs. Ludwig am I having a problem And she dresses it right away So that's a great resource to have But members of my room You feel blind if you're trading without these things So you come up with a thesis Based on the reacting to the lugs And then you use these for targets Support and resistance and so on and so forth They're absolutely insane And how these markets bounce off the lugs Let's see if there's more new lugs Nothing new So you can see Russell's just hanging out As a blue lug But I can show you probably 500 instances Of the markets like blowing, bouncing off the lugs And so on and so forth Like yesterday So you had this number Happened that it was the bank news I don't know why the crew got killed so bad But the crew swiped down $3 On the Lovix Open And we talk about in the Pamela Webinar I did with her the one on one How when the markets Blow through lugs and they don't Have the conditions to form new lugs And they get back above That's always like a very bullish signal In this case you can see So this is good for my There's a lot of reasons Why just liquidity pulling What is going on Is there another news story That we're going to find out After the market rips Just seeing some upside There's something out guys Like this is what some And then here you go These are keywords Some algos picked up keywords And just swiped this thing Forced these stops to come in I don't think I put my stop in for now I mean I'm short of NASDAQ so let me put that in That's still just struggling in this zone So I'm still okay but I don't think I put that stop in So make sure that's in But I am long two different strategies in ES So But there's a tape bomb Something just came out and I don't know what it is We'll find out eventually when it's too late Obviously Alright so I'm out at 91 quarter on this one Can I help I have the squawk down This is what it was So guys I mean I have the squawk going and S&P Iceberg sell ES 706 contracts It's great after the fact but it was too late So this is exactly why the market just Actually I don't know why would it rip though The report of deal talks Absolutely false well if they're not having a deal They're not getting a deal Why would the market not sell off All because the most ironic The most likely I don't know I would think that would be bearish Right if they're not getting a deal for a bailout I don't I don't know But guys tape bomb This is part of trading right it's like You can have the best position on Something comes out contrary these elbows read the keywords And it just rips the market Right somebody in here just There you go somebody's like yeah that's Not bullish I'm gonna go ahead and put some sell Ice in here some hidden sell ice That was threshold I got to 700 All right so the worst Case scenario is here we can trail the stop Based on this new setup My long stop here so you can see this is Pretty This is kind of a delay Dumb and Dumber you had the buy Buy stops that were triggered by that news And then you had sell ice coming after that Let's try the sell ice I'm gonna show my stop to that So little crazy you know Day after the Fed rate Meeting you got tape Bombs hitting you Say you know today is just I'm not Not willing to risk my accounts on Random tape bombs hitting because there's already Already been a couple today Another one with you know taking a day off Right don't don't get frustrated Don't crush your account Don't go into a rabbit hole Of despair because you're getting killed On a day like today right like You got to sometimes just say uncle And say you know what you can take your nonsense And I'll be back tomorrow Alright 840 8250 to 40 4076 so now I'm gonna travel my stop for my long To this new setup minimum And I could potentially trade off the setup too obviously That's 40 I'd say 4082 8250 to 76 I better hurry up here because this is Coming back here in a hurry So the people with common sense Are like wait a minute that's not a bullish story Let's sell this I don't know why that market rift You're never gonna know guys like this is Why fundamental trading is just You can't do it because it's just It's nonsensical these markets are nonsensical Sometimes so you have to base Your trading off of what you're seeing in the real time Volume right I mean I would Bet the thing would have sold off 50 points on that No no we rally right so I play my volume events like I always do I have my rules And I put my trades in alright so If I were to go long off of this setup I would go long 9075 we'll get into that But my stop on this new setup Is 6775 So before that before this new event My stop for this This setup Was An ATR below this event Right It was down here I can't remember the exact price It was probably somewhere around 506 Well I can now move it all the way up To 6775 based on this New setup so I'm trailing my stop For something that happened in the market Not because I just don't want to give back money Right So I'm going to put those in And if it comes back down there Then I stop out on the next trade 6775 And I take a small loss Versus I would have taken a much bigger loss With that original stop And it's all because of a new volume of that 775 Alright so I was long two strategies With both the Izzy Inflection zone and I was long the barf So I have That's Apex 54 we'll go over Apex here a little later And it slows down to tape But I'm stop hitting So now I'm watching this zone too So if I do get stopped out of this Long there's potential That I can go what Short off of that new event So let's just let this play out I'm still short Mr. Nasdek Call him the nice name today Usually I have a different name for him Mr. Nasdek See what I'm doing here though I still may get stopped out But I don't let the randomness I mean this wasn't random This was the tape bomb But a lot of these times These elbows can pick up this size Just like we can see this Where the big money came in here And then when nothing's going on They start to play their games This is coming in Russell we'll go over there But this is just random movement So that's why I make the market Push back through the volume event More than an ATR outside there To stop me out That's how I avoid the elbows the best I can If you want to put on a trade And you're like okay I think I got it I'm just going to stop I don't want to risk up to there Well you're very likely to get stopped out On nothing, nonsense But what traders do They know the retail trader Trails are stopped Why do you think when everything stops coming in It starts doing this Because they know no one's going to stop them From playing their games in certain areas And then they just website you to death If you can understand that One you don't get stopped out of the stuff Two this stops to bother you It stops to bother you as much Because you expect it I fully expect to be tortured For playing against computers The elbows are 80 plus percent of the trade So if you understand that You're not losing your mind on every Rotation So that stops up there 94 wherever it was I said And that's where it stays If I get a new event I can trail it There was no new event Now we wait Let's see if there's some other stuff Let's check out I'm definitely interested in crude It's like a crude first tier So I'm watching like I have 17 markets that I follow I trade probably 12 of them 10 of them But you can see why I can't do the reversion trades Especially on the webinars I'm trying to cover all these different markets I thought I heard something I can tell if I heard something You go to your text alerts and see if I was on there I didn't want to look at NatGas Russell was the most recent Russell If you guys got questions Throw them in the YouTube channel And I'll answer them The best I can So this is the new market pulse That I was talking about Things pretty incredible I'm not going to get in that yet Because you guys have access to it But when they do release it to the public We will talk about I'm seeing some pretty incredible things with that as well So this was earlier 3 years So you just started this buy ice command The thing stocks here So let's draw this zone So I can tell you guys Take your bubbles off the screen Use this slider This is if you want to be ridiculous If you want to get them off Slide them all the way back down You want to get your last price line on the chart So you can follow what prices occurred in this spike Right? Right click on the chart Make sure your last price is Check And it just helps me draw my zones better So I started coming down here In here So I'm trying to incorporate the prices that follow here I know this plant I'm not going to get into this It gave me a headache yesterday talking about this But so I have been drawing them This zone is probably a little wider than it needs to be But if an ape broke Don't fix it There's a guy in my room I've been talking about him in the last few webinars Just absolutely killing it He's made like a half million dollars in the last two months Trading these And it's like he's doing exactly how I'm drawing these zones And I'm like Lance if you're listening Do not watch this webinar Because if you're making money doing something You don't want to be changing anything You start having draw downs Then you can be like okay why is this not working But if he starts to change what he's doing That would be the biggest mistake of his life I think so Don't fix it I'm drawing my zones like I always draw As of now If I keep seeing evidence that I need to be switching to a different mode Or a different time period I need to see that Extensively and then I'll switch You guys will be the first to know But until then I'm using reset mode And I have my iceberg set at 1 minute I have my stop set at 10 seconds So when I'm in 1 minute I just give it more chance To develop Stops are usually instantaneous I've used those settings For the entire time I've been using book maps So we're talking 4 years, 4 and a half years Alright 120.06 is the top of the zone Let's get this in the spreadsheet And see how we'll potentially trade this Net gas ice iceberg By NG 153 contracts There's a net gas action over there In a second I understand a lot of people don't have the bandwidth In 17 markets or even 5 markets But you don't want to be just pigeonholing yourself Under the crappy ES like a lot of you do Have different options So when the markets suck That market sucks you can go do something Trade something else instead of forcing trades In a terrible market which it's been for a month and a half Like literally a month and a half I talked to Dr. Brett Steenbarger, he's the guy He's one of the top training psychologists In the world now He Works for a bunch of hedge funds Now he said the hedge funds are getting killed too Like nobody's making money because of how bad the trade's been Like everybody's just getting whipsawed at us So trade the last couple of months Has been horrific Alright So if you've been struggling If you think you have an edge You've got to write out the bad times Every time you have a losing day or two This doesn't work, I'm moving on to something else Right You've got to know when the environment sucks The reason why your strategy's not working As well Alright So to make this a short setup This needs to touch 10 Last two digits With the current ATR The current ATR in here I just put in there is 62 That's a lot, 6.2 It means it's rotating 62 ticks So I don't know what this is until It can either punch out of here To 1711 69 So that would be way up here This is how I determine what the setup is If other is bullish or bearish That would be a bullish setup 10 is right here Keep an eye on this market And see how this develops Potentially put a trade on there Let's see what's going on here I'm still long It still has not gotten out of this most recent volume Event I came in and swiped these on that Tape bomb And then that triggered these stops Actually did this go lower I may not have this drawn correctly I mean it started here Move this down a little bit So these swipes came in Whoever sweep in the order book They get first right and then the stops come after So whatever price that starts I technically should start this where the sweep started That's a full two points lower Or I just keep it on The US is to sell $57 billion in three month bills On May the 8th To settle on May the 11th Did I draw this incorrectly too And the US is to sell $48 billion in six month Fills on May the 8th To settle on May the 11th This needed to be a little higher So what I'm going to do here I'm just going to make this one big zone I'm going to incorporate those stops I should have done that at the beginning with Why is this not where is my There it is Sorry I drew that wrong It doesn't matter right now But it could have mattered And I'm going to incorporate these stops too The whole idea of this Is to Of drawing these zones We're trying to find concentrated volume events Where traders are loaded up So the sellers ran into Actually it's the wrong color anyway The buyers ran into a bunch of So you had stop runs So sellers got kind of run over Resting the sellers In the order book got run over on these swipes Then the buyers tried to be aggressive And they ran in the mouth of a cell ice Well okay that's confusing It's like okay which way is it going to break I don't know until I see what's happening But I do know that this These volume events there's a lot of Invested traders in this area And that's what I trade off of Because when it moves out of here That's likely going to result in the big move A bigger move because you've got all this energy Stored up in here Guys holding their breath in whatever ways it breaks out of here That's the move So I'm going to move this down Move it down here So that means I'm going to have to change my stop price But that's alright I'd rather have an accurate zone So I was down to 73 7375 in the top of the zone This is a pretty large zone I'm going to lay double whammy And dump money puke into the cell ice Let's make this Very blue I just do this so I know what kind of Volume event it was right I mean it's not crucially important You just need another volume event there But like I say double whammy's are usually In the direction of the ice So we've got two of them This one and this one did hold That's why it got long So this is the newest one And they're 83 4083 Down to 7375 I'm going to have to adjust my stops On that Because I'm long if you remember So there's a lot of two ticks Make sure your ATR is up to date 7.5 Alright so now my stop goes down to 65 quarter Instead of what I have it at 6775 So I'm just moving it down two points For cell volume 101 contracts I do not like to stop out Not that I don't like it Because it hurts me so many times In the middle of the zone So if I'm getting out at 6575 I'm smack dabbing the zone So I'm moving it down another two points You don't always get this situation But I just don't want to stop out in the zone So I'll stop out at 63 instead So Which is basically the low of the RTH Regular trading hours So that was just me not I didn't spend enough time Drawing the proper zone there So the zone should have been lower And then I'm not going to stop out in This zone should have been lower Let's just make this a different color Because it gets confusing when you See these colors in here What is the deal I'm sure there's some confused traders On here that have never been in these webinars For book map in the last four years So you can go back and watch any of those And if you're not following Or it's too fast for you right now And then my room I've recorded every webinar I've done Since my room inception over two years ago There's 500 plus webinars in there So it does feel like I'm doing All this intricate stuff I'm really not This is just very basic What I'm doing and that's how I want to keep it I tell you guys all the time We have distinct rules for trading those volume events I know there's an edge I've watched the edge for over thousands of setups I put the trades on And I know where I stop out And then the targets The only thing that are subjective And we'll go over some targets at the beginning And these trades move in our way But that's about the only thing that's subjective And that's more for the position trading targets The ATR reversion trade targets That I was talking about this trade These are all things in here I don't know if I have the energy to go to gold Especially during this So we're just waiting for these markets to do something This is stuck in hit zone Nasik's still in this zone And I'm short from So this has been the routine lately on these webinars It looks like things are going to be rolling And then the market should stop And then just sit in the zones For the hour that we're on the webinar Hour and a half that we're on the webinar I don't know if I have the energy to go to gold Especially during this Hour and a half that we're on the webinar Let's see if I got any questions Scott, new to watching you Why would you wait to go long? Yes, above the current price Because those are my rules based on my areas So So many traders want to They see the buy ice So they're like, well this buying wasn't real That was a stop run Actually this was sell ice anyway But that would be like me just saying I see sell ice and I want it short It's a great thing when this first all came out Like you had all these competitors for book map Trying to dispel the sub chart So this is the most powerful thing I've ever seen in 23 plus years of future trading By far, bar none It's the edge of all edges, right? Well when it first came out People were misunderstanding what I was saying With my course and talking about on webinars They thought that I meant Every time you see buy ice you want to be buying When you see sell ice you want to be selling That is not the case You want to pay attention, yes There's a higher likelihood when the big money steps in That the market's going to go up NQ stopped stock by NQ 214 contracts Crude ice iceberg by CL 158 contracts What else? But I wait to see I don't know what this is going to do I know sell ice came in There's probably a better chance that it holds It moves lower But I have distinct rules That things occur for me to determine Which way I'm trading that setup That's why I just don't hop in The minute I see something Because I don't know what it is If the market can show me A 5 minute ATR out of the zone This way, well then that tells me That it's a much more likely To rip higher Same to the downside That's why I just don't go long Right off the bat when I see buy ice This setup down here I get along aggressively On one of the strategies Because it was in that important inflection zone That I showed you guys But I don't get long right in the zone I still wait for it to move out an ATR out of the zone I just don't wait for the retest But when we got the retest as well And I put on a different strategy But this was the zone You can still see the zone But this is better to see So I just know how powerful these inflection zones And I post these every day in my trading room You can draw these yourself But this takes me 45 minutes every morning So you can see my trade room here I have the zones every morning I post So you can go in here and pop up this chart Open original Open a browser and you can get these zones For yourself So this is a very important part Of my trading and trading I know those I know those zones are really important And you can see it just ripped right out of that one So So I got stopped out of the NQ short But I'm obviously Long, yes And now this is the perfect scenario Where now I get a new volume of that Now I can trail my stop to this new volume of that Right So I'm already long Now what most traders do is Like oh this is moving in my favor I'm going to move my I'm moving my stop to break even Guys, please How goes no that's what traders do And that's what this is Right I'm going to trail my stop now But I'm trailing it based on a new volume of that And quite the shocker there that the Actually I don't know why I didn't put on the liquidity trade here too I don't know what I'm looking at This should have been the lick trade too from down here guys Guys and girls I'm going to get rid of this right now It's just because it's a huge zone I don't need it right now because it's a new one But I should have put on And I should put on the lick I don't know what I was doing Lick is, remember we just talked about this Because these things are magnets The big money, the big money, once they're fills They'll force this market into their orders That was this event It did this, we put on Izzy And we put on Barf, I should have put on lick too And I would have been out right at the liquidity That was a nice 25 point trade That I just missed on that for that strategy I'm still along the other ones But I missed a trade as usual Alright, so this is the new volume event This was not threshold, but this was I don't need to draw, you could incorporate both these I don't need to, I'm going to draw the most recent This was threshold on top of it 644, my thresholds for yes are 500 for stops Meaning I only draw the volume events That are 500 or more Those are worthy of trading I'm going to draw that So this started You can see Yes, these swipes started here The column swipes sometimes, Bruce doesn't like that But they started here But guess what, that's not where the stops were Because if the stops were anywhere in these price areas They would have triggered, they didn't trigger Until the market got up here, so that's why I draw my zone There versus here I know this is confusing to a lot of newer traders But I do this every day, twice a day In my trading room, if you want to learn how to do it And then over there, this is all I do I spend I wake up in cold sweats in my sleep Drawing zones and coloring them So you will learn how to draw these All right So the top of the zone is 40, 90, 50 The bottom is 86, 75 Let's get that in there and I'm going to trail my stop And I can trade off this event as well, potentially So Of course I already forgot what it was 90, 50 86, 75 We got current ATR 7.96 This is welcome We have not seen this, this ATR has been like a 3 for the last month and a half It's just been horrific All right, so If I was trading off of this new setup All my prices are in there I can go long at 99, 75 Aggressively, or whatever, we'll go over that But I know my stop is now at 77, 50 So I'm moving my stop I remember I was at 64 63 So now I get to move my stop up 14 points I just deleted that volume event It's monstrous and I know it's confusing But it was here, remember I trail my stop Below there and then I put it back Down below this volume event Well now I get to move it all the way up here Which is an ATR plus 15% Below this volume event So this comes back, I'm basically going to scratch the trade But I'm scratching the trade Not because I just want to break even And not lose money after the up move Because of something that happened in the market Right, it just makes my skin I even heard some educators I'll see a webinar once in a while Because I'm always learning If I hear a great idea I'll be like, that's interesting You hear educators, well portion of this I'm going to move to break even, for what reason Why are you moving it to break even The market doesn't care what you want to make or lose The market cares about events and volatility So stop doing that I'm telling you, it's amazing Especially the guys that are educating people Telling people to do that It doesn't make any sense The market does not care Where you want to break even So why would you move your stop there So you can get algode Alright, 77.50 This stop being trailed to Is that 63 You get to move it up 14.50 So that's trailed I'm going to trail this one Actually I'll make a little bit I got in a 73.75 So the worst I'm going to do here Is make What am I doing here Four points Because I originally got in a 73.75 So I'll make Three and three quarter points If it keeps going, I got them on And I could trade this set up as well See where we're at, I think this may be an easy On the upside though, so I could potentially short this If I move out of here No, just rip through So I'm deleting this zone now too So you have these zones, but with the market It's not relevant The market's not reacting to it anymore I'm done with it, so I'm going to get rid of this So hopefully my room's watching this Adjust and get this zone off of your chart Because you don't need it So these are the two important zones I'm very interested in this zone Gold Ice Iceberg Cell GC 153 contrast I'm getting out of most of my lungs We've got to look at the level of levels too But then I'm potentially short Remember I talked about how this market If you move through this zone This is going to be a great zone To fate And remember the ADD is still I'm sure it's improving a little bit But it's still not great It's not terrible, but the point is If this was a trend down, different story But it's still negative So these up moves may be shorter lived And then bigger down moves And I already know I want to short this zone On a retest because it was an important zone This is where all this stuff started here This was directional conviction down And then it led to this huge move up Gapped right through it, opened up at it And then directional conviction down today This is going to be a really good zone To get out of my lungs and turn around short If I get advice Gold Stock Cell GC 165 contrasts All of a sudden I'm not going to complain about it Because I'm finally getting some damn trade After all these last two months This is 7.74 We're not there yet So I wouldn't take an easy trade here But I still can short this if I get my criteria If it does That, that, that Then I'll go short, that's how I trade these And it's about from experience of watching thousands of these I'll tell you guys every single webinar This is the art, this is the science The art is how you trade these You may say I don't need to wait for that I'm getting in right now, kind of like Whoever just asked that Trade them however you want With these, if you haven't seen a bunch of them You might want to trade my style until you see enough of them And then you can Tailor it the way you want to trade them But this is for me watching About 15 million of these So you can decide if you want to take my advice And trade them the way I do Or trade them however you want to trade them There's no disputing, there was 600 stop runs here How you want to trade that information What I do And you can Tailor it the way you want To the ice spring According to sources And the Saudi Arabia The United States The United States I stopped out of that short And you guys This is what trading is, it's probabilities You're going to have losing trades If you have an edge, put on enough You're going to be a winner, you're going to be a winning trader I put this strategy on, I did nothing wrong I did exactly what I already did that once That's where I got short the barf trade And it blew up and stopped me out Well that's fine, and then I put on the barf trade The other way in the yes and the easy trade So I'm long that, got knocked out of this one On to the next trade This is what trading is There's just all these Misconceptions that Oh yeah, I want to make 500 bucks a day Yeah, you can average 500 bucks a day If you think you're going to get in here and make 500 bucks every day Like a job It's not going to happen You're going to have It's just the nature of markets Especially if you're trading more position trading You're going to have losses It's not just you just print money every day It's just not going to happen So if you can get that out of your head You're ahead of the crowd Alright, I'm sick of just staring at this Remember, so my stops are $77.75 If it stops me out Then I make 4 points on to my next trade I heard some crude stuff Let's go over to crude I'm not sure I don't know why that market Swiped down $4 yesterday I didn't know the bank information was crucial to crude But it doesn't matter what I think Here this looks like nothing happened This thing literally If you look at your This thing came all the way down here yesterday And then just snapped All the way back And then you look at this It looks pretty boring Except for the LNQ 159 contracts Alright, we got a setup in NQ This market is just bouncing In between these two zones right now Pretty quiet So I'll come back here to crude And we'll draw the zone and see if we're going to play it I think this was threshold And I shall just draw this real quick So you can see where the buy ice came in Let me make sure I got this on reset Because I was experimenting with The Remember I said I got to that And I don't want to have one second I was experimenting with that too Just one minute This is 30 seconds 200 So I had it at one second You can see it did show This iceberg is 200 So it actually did all come in in one second But this is on drawn I'm going to keep doing what I'm doing Because it's not broke Don't fix it What was this? It's 11.30am Easton time We get the US 4 week bill auction Pry bid cover of 2 to 50 And a Pry high yield of 3.83% It's like they come in waves When they start coming out There's going to be another one a day So you can bet your bottom dollar on that You just got to hope it's not Opposite of your position That one webinar I remember I tried to double size I love the short Totally bearish, put on double size And all my strategies And then Weston Alliance Bangkok says It is not exploring a sale Nor has it hired an advisor To explore strategic options That's your zone there We'll come back to that Let's see what happens in Nasdaq If I stop out of my I've not stopped I got close to my stop Was it $77.25? I'm not stopped out yet I think I might have put the wrong price in for the CS stop I did $77.75 I just got lucky I think I traded there I had my stop at $77.25 So I just moved the pack up to $77.75 So that's about to fill anyway I traded there the first time No, didn't get there yet But flirting with a Stop-up So what's happening now in this case I spurred by NG $154 contracts Your ATR is correct, $7.9 So did this get Did this confirm it as a short setup? I want to see an ATR out of the zone $78.75 That definitely got to $78.75 Right there, there's your ATR This is a bearish setup Does it mean I'm going short right now? No If this was a Izzy, I would But there's no Izzy up here The only thing I have going right here is barf I think, let's see if there's any Keep forgetting to look at the lugs Which are very important Like doing here, I'm just Bouncing around VWAP, bouncing around baby lugs I call these minor lugs baby lugs And then just bouncing Off a yellow So let's come up with a bigger picture here too I gotta get these price points off here It's driving me nuts these lines But anyway, so you come up with a thesis Based on your macro profile every day The structure stuff, the inflection zones That I've talked about, well what's going on here Well This was a Market profile composite where you have multiple days Merge together the value area Multiple days, what's the value area It's just where 70% of the trade occurred Emerging together in there They become very Important areas So you can see the spark It opened up in here, it gaped down It closed here, closed right at the point of control It got yesterday a gap down And then ripped right out of here Just came back, tested it, failed So actually I should have been out I just made a big mistake here I should have been out, this is one of the areas If you look here, this is I want to give my trading room Where I talked about subjective exits So I just made a big mistake This is probably going to cost me 15 points So you can see number 5 here This is straight out of trading in the zone I mean I've added my own stuff You have to trade like a casino Maybe we'll go in this rant a little bit But these are the areas I pay myself as the market makes money Available with me, Ludwig levels Market profile, composite highs Those POCs, that's what I just missed I just missed the exit I want to get out of half of these contracts If I'm lucky enough And it comes back up there again I'll get out I should probably get out here But I'm going to see if it can bounce back out for this That is a reason this is a market profile Composite low Broke out, retested, failed I should have been out right there Not all of them Because I will hold a piece Try to get to the red lug or an opposing volume event We got the opposing volume event So I'm going to cost myself here UPS is apparently reviewing options 15 points of credit I didn't know where we were That's another thing you guys need to do Every single morning You eyeball all your if-then scenarios Nowhere important area I should have known 4092 Right in that area was an important area That's what got real close to there I should have been out Now you're going to watch me cost myself 15 points Because I wasn't on top of my game I would have been on half of my contracts Right there Right when this popped in I would have been out So now I'm about to get stepped out And cost myself 15 points So that's user error right there I don't know what's happening about that But that's why that stopped Or right there Today's trade I'll give myself an F on that one Maybe I'll get lucky But it's about 100% I will not get lucky I'm hoping we do the normal What do I say What's very likely going to happen This is going to retest the zone If this comes back anywhere 11.30 am eating time We get the US four week bill 23 years I've been trading I still make the same stupid mistakes It gets real old Alright I thought I heard something in NQ I guess not You know I know I should know and go look at my alerts page And then that will tell me This was at 10.18 central Oh you know why My stops and why are my stops not Look at all my stops on here That's kind of important So that was this I think that just retested this zone too So watch this Tell me if you guys have seen this routine I'm almost positive I know it is because Again I always miss the easy winning trades There we go that's that Get this yellow for stop So try to use yellow or white for my stop runs I don't use orange because it blends in with the liquidity And I'm color blind It's hard enough for me to see these things as it is That's that So let's see if this market retested this zone Hmm Moved above it Did it come back to the zone Hey whoa what do you know Do you guys see why we're playing the reversion trade I mean look at that It's just It's my strategy And I still am amazed by it How often it happens It's just unbelievable There's your stop run This looks like ATR is 20 And this is We'll put the values in the zone I could still go along this on the barf But This is like the 6th or 7th ATR trade That I've seen on this webinar That my room better be killing it today So I gotta tell them They're all gonna be in the doghouse Alright let's put the zone in 7375 down to 65 That's the most recent Threshold volume of that ATR in here is 25.38 So if I was gonna take that reversion We were talking about these one ATRs I would have been at 96.50 Stop out at 27 I'm playing for 76.25 So it's basically I'm playing for 20 points 96.50 let's see Let's take a peek This was 96.50 Let's see if the 2 would have worked too So you can do the 2 ATRs too But my stop was at 27 So I never would have been stopped out So I would have entered at 96.50 This is a reversion trade that I'm talking about I'm not taking out these webinars because I can't keep up I would have been short there Stop was way up here He played for a reversion back to the volume of that Hey what do you know? We're right back there This is like number 6 or 7 today So if this moves back out of here I can go along this as well This is the barf trade The blind ATR retus failure of any volume of that I can go along and this is the position I just got stopped out of a yes That's splendid If I mention that I'll lead with the bit cover ratio I'll lead with the bit cover ratio So that hurt Right there 15 points in the yes Lately is like A lot For how bad the ATR has been And I just Blew that one You gotta be on top of your game Every single webinar You are competing against the brightest Dean Ice Iceberg by his yes 152 contracts Alright so I'm out of those shorts I got nothing on right now If this does retus failure I will go short yes Like I said I should have been on half my position up there And I messed up so A lot of grain stuff Actually we're getting close to them Let me see if you guys got any questions That's what everyone can stand Randomness and they get out exactly That's exactly it If you understand it's going to happen Then you're just ready for it Let's see here Just turn this up That's not a threshold I'm not sure where I got the alert there Not seeing that So not get to 150 You guys got any other questions Throw them in before I hop on I don't know why that came in the alert That's very strange It never happens Not getting up to 150 I got 153 I'll probably draw this on and trade off I'm not going to get into it right now We're at the end of the webinar It's real close The reset mode is not there I'm probably not going to draw it I'm trying to stay on reset and be consistent Any other questions What is the red versus the white zone I don't have any red zones I use yellow and white Red is liquidity in the order book It's showing where there's heavy Resting liquidity This is a better look So it's just a heat map What's going on in the dome In the depth of market Resting orders You can see the size Is at that liquidity It's just showing you where there's outsized Size in the order book 2 to 51 This is the big money The big money runs the show 2 to 5.84% 5.84% 51 billion 4 to 51 5% This is legitimate orders that want to be filled This is like the lick trade Like I said I missed in the S I was supposed to take that trade too So I made two different huge mistakes in the S today I was supposed to put the lick long on That was the liquidity I was saying why did I not see that It doesn't look as important now But it was definitely on here And then I messed up with that stop Market profile came out But anyway, that's the red I draw the zones For stop runs the other way Just so I can tell the difference Are you not part of my trade? Brusselize iceberg by RT 151 contracts How do you know which zone is becoming valid? Is it just market is traded through them? Yeah, so I'm just using For my inflection zones I just make some white Just to separate them I can't sometimes they blend And I'm like orders one start and orders one end There's no significance other than that Right? And you invalidate I just showed you how I took out that one on the S When it trades up and through it a couple times It's not relevant You want to see the market reacting If the market keeps reacting to them Then I'll keep them But like this one This was over here earlier On this This gap up And I said we traded down We traded through it This one I'm keeping We launched here Did trade through it to the downside But if this comes up and trades through it again Then this one's going to be deleted But I think what's going to happen As it comes here and rejects Even if it gets up there But yeah, it's subjective But this is why until you learn them The idea of my trade room is to learn How to trade for yourself Not to mirror me Take my ideas Expand on them if you want Do whatever you want And then the other thing that we didn't really get to I tried to talk about it every webinar Because this thing is, it's ridiculous Is this Apex trade or funding Right? So you guys They just had a huge sale There's going to be another one There always is and I'll have a sale on the resets All of these things But these are a great way to have skin in the game Where you're not just trading a simulator Where you still do stupid crap If you blow out of these things It's still real money You're losing a fraction of a fraction Of a fraction of what you would lose If you're actually trading So I highly recommend I usually do the 150s Of course the one live one I got And I did that and I got a trade half size on that one But you just got to hit these parameters $50,000 before you lose $2,500 One thing that I don't like about these Is that you say it's a $50,000 account But you can only use $2,500 So that's not a $50,000 account That's a $2,500 account In my view So anyway, just know What makes this kind of difficult Is as you make money Then you have to trade these trails So you can be up And I've had this happen many times Unless you just wanted a better example When I first did these So I did these originally to show my trading room I wanted to qualify to make sure they're legit Because this came from a very well known trader Million dollar trader that told me about this stuff And told me about Apex And said they were legit to check it out So I wanted to qualify myself To get paid to make sure they did everything legit Before I put my name behind them Which they did and still do I've been doing this for over a year I've been with Apex for over a year As far as trading them and so on and so forth The ones that I did I'd be up like $7,000 I'd be close to my $9,000 Profit goal And then I would pull back the $5,000 I'd still be up $2,000 But I blow out of the account Because this is a trade link That's what makes it hard So it teaches you trade management And P&L management What the point is You get half off this Use Pulsini 50 You always have it in there When you go in there too Make sure you check this Because they added this in Because they just rushed through this And they wouldn't put the code in So you have to say I agree So you put in Pulsini 50 And you got to put I agree Or if you don't want to use it Because people will put it in Or forget to put the code in And then email Apex And be like I wanted to use the code And why would you not use the code But that's the code So you get half off And then you can use these Like I said I'm using all of these accounts Just a quick view of mine For all my different trading strategies So we can keep track of them On this trader view thing All my different strategies You can get all my strategies in the room That's in here too So if you come in my room You can see all the strategies So here's the dad dad We put on today the lick Or the izzy, the slug I missed the lick, that was a 20 point winner We didn't put on the slug, sorry The barf and the izzy But these are all you can get in here And see this is the best one This is the live one that I've already qualified for This one's close, the other one The slug, so it's like if you click on this You can see all my trades for that This is the whole idea why I'm doing this So we can get each individual trade So you can see what I've made What my winning percentages is How long I hold the trades So you guys get all access to that But anyway, that's that So I'm just gonna show you this real quick And then I gotta hop off the other guys coming So these are all the different strategies Some of them are hovering But this is a longer term thing So any trading strategy Any trading strategy is gonna be Win's losses, win's losses And then it's a grind Yeah, you're gonna have some huge days But it's a grind So like this is Dad, dad, I'm not gonna get in all these right now I'll be setting it up, but this is the This one's close to qualifying It was much closer, I had a little bit of a draw down This one is down a little bit This is actually the equity And this is why I just cost myself 20 points on Or 15 points, not getting out See, this one's profitable That's profitable, I had the bond trade in that So a couple of these are hovering But most of them are profitable So the point is we're gonna have stats for all these Different setups And I'm using Apex to do that Because when you're trading somebody else's money It's a whole different ballgame So it's like When you lose, you're not like panicking How am I gonna pay my rent How am I gonna pay my mortgage How am I gonna pay my car payment It sucks, especially if you're live It's fine, you blow it out and you start over You're not blowing on your account and then Tell your kids you can't feed them tonight So I highly recommend you use something like that There's a ton out there, that's the best one I've seen That's the one I put my name on If you want to use the other ones I don't know enough about them, I know a couple of them They're complete nonsense and they're just trying to take Money for the fees So that's what I recommend there And that's it I will wait for a retest failure for this I'll go short if that happens I got nothing else on right now I will take a long And NASDAQ if it goes retest failure Off of this one, that's about it So what you're seeing today is I do daily My webinar, I keep forgetting Every single webinar, I keep forgetting to put My contact information And there's my website, everything's on here as well Everything you need is on here Everything I use is on here too Except for love with levels, but I showed you how to get to there You get discounts to book map If you click on that You can see Apex Spot Gamma, there's no discounts for that But you get an extra week of the hero there Here's the tick strike that I was talking about That's this, these are all discounts And then you need to be using something like this This is the best one I've seen, Trader Sync You get discounts to that as well And then here's the old book I was in If you want to read that This is Dr. Brett I was talking about He's tapping on me for a year I'm throughout this whole book You can read about my exploits I don't have a major trading firm Behind me, back me for thousands of contracts But next best thing is Apex As far as I'm concerned Alright guys, hopefully you learned any questions My email is scottscopholsyneatrader.com Other than that You can see me in my room Other than that, I'll see you next Thursday Thank you