 Alright, good morning. Sorry for the late start and the records are going crazy. I couldn't keep up. Just kidding. Nothing's going on. Please let me know if you can hear me on YouTube. Appreciate it. Get started. Watching paint dry. Thank you Lois. I'm assuming you can hear me. Alright, I'll be back in a minute and a half. Do these disclaimers. Hey. Things are looking up. Hi. There are numerous other factors you need to know. This is a training program which can only be accounted for in simulated training or in preparation of other delta-reported results and all. Which are numbers that have actual training results. Alright. Good morning again. So, something just fired off on NASDAQ. I'm quite surprised. Thought we might go through this whole webinar without an equity setup. But on cue, Mr. NASDAQ comes through. Alright, so these are self-stop runs that just fired off here, 181. So again, these sweeps. And that's what these black, what are the black balls? One of the black bubbles. These are sweeps. So, sweeps get first right to the order booked and the stop runs fire off. So you really don't know where the stop runs are in the sweep pattern. So you've got to assume they started where the sweeps started. Because they could have been anywhere in here. Because they get second right to the order booked. Yes, sweeps came in here, but this price already traded up here. And it didn't trigger the stops at the time, right? So it could have been this price. Yes, someone could drop in stops on a fly, but that rarely happens. They're usually just sitting in here. So I would start this stop run right there. And this is the handy-dandy drawing tool that a member of my trade room developed. We are still in beta testing. We're probably going to have beta testing until the start of the new year. It will be available for subscription. I will put this information in here where you can get this. You've got to go to Discord and request access to it. It's a life saver, life changer. You don't sit here and use this archaic drawing tool anymore where you've got to get into edit mode back out of it. Draw your zones back out of it and things like that. So it draws it automatically. You do have to adjust it. But it's pretty accurate in its own right. And then you can scroll these prices up and down. And it's very helpful. So this already looks like this was possibly an ATR. ATR is only 10. Yesterday it was like 7th lowest I've ever seen it in Aztec. We'll go over what I'm talking about here. So I'm going to plug these zones in the spreadsheet. This is also available to you guys. It's free to my trade room. If you can't make it in the trade room, you can get access to this via subscription. I'll give you access to that sheet here in a second. So the top of that zone is 17. Soymail Ice Ice for themselves in 150 contracts. I've been trading some Soymail today since nothing's really going on. I am long wheat currently and long bonds. We'll go over those trades here. So you put in the zone price so the spreadsheet works and then you plug in your current ATR. I have a shoe range. It's a five minute wilder's ATR. I'm just getting that straight from Thinkorswim. You can get it on SierraChart. Other platforms have it. You can see that means the market is just basically rotating 10 and a half points. A little under 10 and a half points every five minutes, which is very, very, very low for NASDAQ and Q. And then I have specific rules on how I judge these volume events, which are the core of my trading, the best edge I've ever seen in futures trading. In my 25 years of trading, I have specific rules on how the market reacts to these areas to determine whether this is a bullish or bearish setup. So ideally you want to have important areas that you trade on that you look at, and then when you get your volume event there, which is what's happening right now, real time, that's the edge, right? And then if you understand how to trade these and follow your rules, that's the edge and that's the only edge that you need as a trader as far as I'm concerned. That's the only edge I need. So I have specific prices to validate whether these are bullish or bearish. I've been getting ATR above or below the zone. So to make this a short setup, I needed to touch 01-25. Got close, did not touch that yet, and it obviously didn't get above here in ATR either. So I still don't know what this setup is as far as just basic bullish or bearish. Next step is to see where we're at. Bigger picture, seem like I was talking about a little bit ago about the important areas. So this is a nizzy zone, an inflection zone. It's not a major zone, but it's important, especially what happens here. As you can see here yesterday, just tight, gross trade. Did really nothing, built balance. So this tried to break out yesterday, now we're back in the zone. So if this moves out of this volume event, I would take this trade aggressively long. So I could put that in right now. This is important just from the last few days. Obviously this is a multi-day balance area. If this does this and then violates this high-volume note of this balance area, which is the high-volume note, is just where the most trade occurred in a balance area. These are just traders that are placing bets. If it breaks that, that would be a failed breakout of that structure, and those are some of the best trades out there. Markets many, many times, especially equities and crude and gold, they'll do the juke move. It'll look like they're breaking out. All the traders chase it, then it comes back, tests the top of the balance area, then it goes. The high-volume note, then it goes. So right now, this is still looking bullish overall. If it violates that high-volume note, then my thesis will change a little bit. I'm willing to take bigger shorts the other way. So I'm a day trader, trade both ways. Long or short, we're just looking at this setup, whether I'm going to trade it long or short, depending on different variables. But if my thesis lines up, like right now, I still have a bullish thesis. If this moves out of here, I can trade longer aggressively to the long side, because my thesis is bullish based on that, right? If this breaks its high-volume note, then I can trade bigger to the short side. And that's how I do it, right? I'll trade both ways. But if I get things lined up in the direction of my thesis, then I'll trade bigger. All right, so this has not done anything on here. I'm going to put some of my easy trades. So I think we're just stepped out of something in my full position on it. I'm not sure why I just stepped out of my wheat trade. All right, so we'll go over the wheat stuff here in a second. But unless this shows me this is a bearish setup, which we said the price is 0125, and you want to continuously update your ATR too until it touches its price. As long as it doesn't touch that price to make this a bearish setup, I'm going to go long aggressively out of here. And if it doesn't touch this 0125, so you can see all these prices on this spreadsheet. So to validate the short, it needs to touch that. To invalidate a potential long where I'm going to go long at that price, you can see the invalidation price is the same as the validation price for the short. So if this touches 0125, then this trade is off the table for me. But until that happens, I'm going to set this up. And this is an easy trade. I showed you the easy zone and these are the strategies. Again, these are my important areas that I deem important. Then I wait for volume events in these areas. So this would be an easy trade. And most of the time it's an aggressive trade, meaning I move back, move into the zone as a fade trade. So I just went over this, but the market closed up here back in the zone. Volume event that moves back out of there, I'm getting long aggressively. There's other trades where I'll wait for a full ATR, move away, a retest, a failure, and then I confirm, we call it ATR retest confirm, and then I'll get in. There will be a few of those. So anyway, as of right now, I'm going to go along here at 27. Again, make sure this is accurate. It's 10.21 now. So see, it makes a difference. So now it's 26.75. I'll go along and I can put on 10 MNQ. You can put on one full one, but I always say if you're undercapitalized or you're trading micro, micro's are the way to trade because then you can, it's not all or nothing as far as getting out of the trade. Like if I put 10 on, I can get out of three. I can put on one area. I can put on another third of the important area. So how do they recommend the micro's? If you can trade multiple regular NQ contracts, then that's fine, but if you're, I wouldn't just put on one NQ is what I'm saying. All right, let me set this up so I don't miss this trade. I'm going to trade this bigger. Well, let's see. So I have different, I come up with thesis according to different things, right? So Algo guy, this is an exponential moving average ribbon blue as a short term, right? As the long term, this is bullish. As of right now, if this pulls across, then you're going to get these Algos that jump on the moving average crosses. But right now, this is still at the moment bullish. We already talked about this is still bullish because it's not violated this high volume out of this balance area. And then the other things I look at to come up with a thesis are market profile composites and Ludwig levels. We call them lugs in the room. They're very powerful. So I'm not seeing anything in the lugs as far as a lot of times when you build new lugs, we'll go over this, but there's nothing right now here. It didn't get quite up to the red. It is above yellow. So you would still assume that it's going to tag red. So that's semi bullish. So we talked about this all the time in our trade room too. So everything's not always going to be lined up one way. So you have like a scale in your mind and we already talked about a couple of the bullish things. Algo guy's bullish. That would go on the bullish side of the scale. Let's just label this. And we know we're breaking out of that balance. Just coming back to that balance. That's bullish. On the bearish side, not really seeing much on the bearish side. So say Algo guy crosses and then you would put that X over here on the side of the scale. So the days that you have everything lined up, we'll look at some other things here too. Let's go real quick to see what we can get on this scale on both sides. When you get things lined up all in one direction, that's when you can trade bigger. So let's see here. This is the tick. Not really telling me much here. It's just hovering around zero. It hasn't made extremes either way. Extremes would be plus a thousand, minus a thousand. It's just the universe of stocks and the NASDAQ and then this is NYSE. You can get some information from this as well. If this starts tagging plus a thousand or minus a thousand, bigger moves. A majority of the stocks are getting hit or bought. So you always want to keep an eye on that. Everything you want to watch is ADD. This is advanced decline. It's just sitting nowhere neutral where you want to pay attention to those days when it gets up to plus 2,000 or minus 2,000. That would be a trend up or trend down type of day. Those instances, 100, you don't want to be taking shorts on days like that. You'll get pullbacks but they'll be very shallow and then you'll get a shallow pullback and then you'll get a bigger move up. Those days you want to try to avoid those trades. I just stopped out of my wheat trade so I'll go over that loser here quickly. I'll show you what I was doing with that. I am still on bonds. We'll go over this. A lot of activity here pre-market. Double whammy. These are one of my six distinct setups that I look for in the stop iceberg indicator, the sub chart. We have names for each one. Again, that's part of my trading course too. You can learn those events and then you look for these events in important areas like we talked about. This came down. There was a big stop run here. Almost 1,000 stops. You can see it started to draw that zone on its own and then you buy ice came in. This is what we call a double whammy. One of my six setups. Double whammy is the dumb money puke. Usually the pukes are retail traders puking out into the waiting hands of buy ice, the big money. That's why we call it a double whammy. Inherently, this should be a bullish setup on its own just because the stop runs aren't usually initiative selling. It's guys puking for the most part. You could stop into orders but the most of the time it's guys just puking out of position. You have that information with the stop runs and then big money is secretly hidden with their hidden icebergs because icebergs are hidden until they're triggered until they're traded into. You have two bits of information here. Two parts of information. That stop runs are not initiative selling and then you know that the big money is buying here. That's good information to have. Inherently, that is a bullish setup. If this breaks, then that's even more information like this should have held. Watch out to the downside. That's the way it should work. You had that and then a little bit ago you had another double whammy. A little lower. I actually plugged this in the spreadsheet as one zone and I was willing to trade off of these prices on top of my zone. Don't pay attention to these. These are off on the drawing tool but it was like 125-13 down to 125-07. I had an order working up here at 18 or plus later. Almost 50 minutes later this came in by itself. I kind of started the rules a little bit where I'm going to trade off of that on its own where I don't have to, my original order was here because this is an Izzy zone too I'll go over that in a second. I'll just get in aggressively off of this event because it was so long after that. You could just say I'm making this all one event or one area that's fine too. You're just getting in it by your zone. I kind of got a little greedy here and said I'm going to trade off of that event as far as my entry or else my entry would have been up here. Instead I got it at 11. You'll see that here on the spreadsheet and that was the century right here. It was originally 125-18. I was able to move it down to 125-11 because of that new event. What I was looking at to get long there aggressively so that was the first move out of there into this Izzy zone. The further these things go back the more important they are of things that have happened in the past. I'll keep them there, things keep occurring there. This came down and I still have that there. If a market trades through areas in any kind of area you're looking at a bunch of times, well it's not relevant anymore. If this were to do this and this then I would just cancel out that zone and it's not important anymore. Right now I'm betting it's still important because it's not bullish. It broke out of this balance area. Right? Multi-day balance, there's your breakout. I didn't even get back to this and it looks like that is going to hopefully launch from there but that's why I put on that trade and I put it on aggressively. So I have an important area and I got my volume event multiple events in that important area. That's the trigger for my trades. So I am long and actually I could so this is the pattern, the routine that these markets follow. I actually hasn't retested so I was waiting. I could put on a different strategies too so I just showed you the Izzy strategy and I'm long. If this does an ATR retest failure which happens nonstop then I could put on other strategies based on that pattern, the bark and the lick. We just have funny acronyms for these trades just to make it memorable. The bark is just any blind ATR retest confirm of the volume event in the direction of the algo guy. So I use this filter to be on the right side of these algos. So again right now this algo guy is still trying to hang on bullish hopefully it does so the blue is still not crossed below the red. If this blue crosses below the red then that's a bearish situation short term and you get these algos that play that cross right now this is still bullish so I can put on barks and licks to the upside. So if this retests this zone and I'm going to put an alert in here so in case I'm on another market I don't see it so that'll alert me when it retests that zone and let's see if there's liquidity up here there's a little bit. So yes there's a ton of liquidity down here I don't have specific rules that I won't put on trades there are some traders that do that and it's fine if you're consistent anybody that's been watching book map and understands liquidity this is just orders large orders in the order book this is just a heat map of what's going on over here this is like a magnet so the odds are this is going to get filled today so that's why you may say I don't want to go long because I want these guys are going to get their fillers because they're the big money and they usually will push the market into their orders and I know this because this is the game I used to play when I was a large scalper the problem is you don't know when this is going to get tagged so if I skip on this long this thing could go up a full point before it comes all the way back here so I'm not willing to risk these volume events that are showing me a bullish tendency just because they did not take that trade just because there's liquidity right but you could do that there are a couple traders in my trade room that won't take long if they see a bunch of resting liquidity right below the area so that's something that you have to determine on your own if you're willing to take it I took the trade so I'm hoping it can I can get out at certain places that are important to me so say this did one of these and I got a new event well I could trade a lick trade short back down to that if that happens but that hasn't happened right now so I'm long so that is working and then we so natural gas number is coming out here in five minutes there wasn't a vent in there earlier I just didn't that trade it that stopped out of here it looks like is to the exact tick so I took this trade earlier there's your ATR there's your retest and I got long bark and lick on that one and I put my stop you know the ATR was tiny it was like one so my stop was pretty close to this and it stopped me out it looks like to the tick because that's my MO but you know guys this is the probability this is the edge right you just keep putting the trade on right this one was a loser if I get another one I'll put it right back on that's how you take advantage of probabilities aka edge you've got to be consistent with your trading you don't use recency bias and this is all we talk about this every week in here and nonstop in my trade room with the trading in the zone document here right you have to you have to internalize this information this is directly out of trading in the zone right if you have an edge you're just putting the odds of success in your favor that's all you're doing you can think about trading in the appropriate manner so this is a straight out of trading in the zone I've added my stuff a little bit up here but it's all about trading an edge like you're a casino right when you're dealing blackjack now I go over this every single week but it's important there's always new traders on here and this is the most important part of trading if you can view markets in this respect then you have a fighting chance to be a winning trader a profitable trader the whole point though is you need an edge a real edge so that's the beauty of what we're looking at with these volume events I have been watching thousands and thousands of these over the last seven years now and the point is if you're using this information you don't have to guess if this is an edge or not this is an edge now it's just monitoring yourself and the rules and not doing stupid stuff like I was getting at the recency bias so for instance if I lose on this trade I put another trade on that's a loser most traders will skip the next trade because they're afraid because they've lost three in a row like oh this stuff doesn't work what's the next indicator I know from watching a million of these things this is the best edge that I've ever seen in trading so I don't shy away if I have three, four, five losers in a row just like a casino who's dealing blackjack to a whale or whatever if he waxes them ten hands in a row they don't just shut the game down for the whole casino they may kick that guy off the table because that's what they do but the point is they don't just shut the game down casino wide because they lost ten hands in a row so it's the same thing if you have an edge with trading you don't just stop trading it if you hit your daily loss limit you definitely want to stop we go over this I go on these rants all the time too so if you're you shouldn't be losing more than five to six percent of your trading account in a day so if I did put on three losers and that hit my six percent for the day then yeah, then you shut it down because you don't want to be losing ten, twenty, thirty percent of your trading account in a day some days just suck, right especially in this market environment there's no reason to blow out your account if things just aren't working I can do these rants because there's nothing going on obviously in these markets let's just take one thing and look at it on the flip side you got traders did I fill on this? I got this working this was supposed to be an Izzy trade and I'm supposed to be long right now I don't know why that I got a score, I put that in hold on let's see if I can still get in this then I'll continue my rant twenty six seventy five so it's right there I guess I didn't put that in so I paid up a couple of points so I'm long, this is the Izzy trade long there my stops at seventeen one one hundred to stop in I don't know, I could have swore I put that in it was not shocking that I made a mistake there alright so, again, this is just an important area for me market broke out, came back buy my bet in this Izzy zone I got long so that trade is working let's actually get some tix trade going so everything that I have here that I'm using let me just put this in so this is the drawing tool I'll get back on my rant here in a second because it's my favorite thing that traders do wrong drawing tool if you want it this is the guide on how to get it set up you gotta contact, you gotta go to the discord channel with my, that's this here go down here it's got zones there's that there's only channels in there now, I can never find the damn thing right here and then you get in contact with this Andrew guy and you can get access to the tool that's that and then here's the new indicator course it's up to just when I start talking about setups people are always like, what are you talking about let me post this while I'm waiting for this thing to load I put that in YouTube, it's in discord too if in discord you just gotta scroll up this is about 10 times this is what the course looks like so it goes over all the settings thresholds for each market what's an important amount to trade off of and then these are the these are these other indicators that I'm using sweeps indicator drawing the zones I was drawing them wrong for about 7 years but we've corrected that and then these are the setups that I was referring to like for instance the one I just got into bonds that was the double whammy so that's what you get with the course that's in there too and then everything I'm using is all in here as far as discounts and book maps got, I don't even know how they are doing this so they posted this today somehow a few this right here so if you the yearly you save on the CME data because they've increased their prices it's only 227 bucks for the year for the data which is I don't know how they're doing that maybe they have a deal to see me but anyway they just posted that I'll post this in here too because you gotta pay for data might as well get a discount for it that's that and then this is all they out there, there's the course this is the stuff I'm using free to my trade room if you can't get in there go to this website scouplesignor trader.org and you can get the spreadsheet you can get the inflection zones that we've been talking about the Izzy's you can get them combined if you want that, if you can't make it in the trade room and these are other things, here's the book map I already posted the link but there it is and then you need the MBO data and you need a rhythmic data feed the only ones that have the CME MBO data, rhythmic, the only data provider which is unbelievable to me but that's it we'll get an Apex later the spot gamma we'll look at that actually, we want to keep that up because we've seen some incredible things with this thing and you can see it's moving in that direction that's the mag 7 see what the S&P looks like anything huge notionally that, so far today so we say, actually it didn't move down pretty big for a while, now it's snapping back this is just one entity this is just showing you options dealers, they have to hedge when they get loaded up, they have to hedge with futures so they turn around like in this instance they had to turn around and sell futures so I haven't even looked at ES, I'm sure it's sold off on that and sometimes they're the only game in town other times there's bigger money in here so this did sell off during that move down a whopping 6 or 7 points so that tells you something too like if you do see a notional move, that there was an event here but the more we're watching this, we're seeing tendencies with this too so if you see a billion dollar move this is actually 2 billion and the ES kind of just spins in place, like that's not that big of a move somebody was absorbing this options dealers activity so the options dealers were hedging selling futures to hedge their positions they got loaded up on and the market really didn't do much well that's telling you something right there this thing, for a 2 billion dollar move especially in this market environment this thing should have dropped at least 10 points for just a spin when this goes down, then when this turns back up then you see the big move again I would use the MIME events to correspond with this stuff but as we were just talking about thesis as far as the thesis you can use that to say okay this looks like it's bullish which is good because I'm actually on Nasdaq see what's going on here it's just hanging around where I got in but we're on Nasdaq so anyway what I was ranting about before I forget is about you know you have your your stop loss for the day you hit 5-6% you should shut it down but other than that you need to be trading your probabilities and you keep putting the trades on on the flip side I can't tell you how many traders this is my pet peeve probably all pet peeves besides trailing stops to break even in the middle of nowhere so you can get algoed out of your trade that's probably, this is a close second these two the trailing of the stops to break even just because you don't want to lose money or give money back that's ridiculous you want to trail your stops to something that happened in the market my number one pet peeve I saw this from the minute I sat down from back in the early 2000s were these traders that they would get in there I don't know why this was their magic number but it was their magic number they get in there they start trading they'd make 5 grand and they shut down their computer for the day and they go sit in the game room and play ping pong and video games the rest of the day because they made 5 grand so how I can guarantee you at least half the people on this webinar do the same nonsense right if guys if you've been trading for any amount of time on days that just aren't being like we just talked about a string of losses days that stuff stopped making sense it just happens these are markets on the days that you're seeing things clearly and trades are working for you why in the hell would you stop trading right so I'm not saying you're up 5 grand and you hit your profit goal for the day I'm not saying you give it all back I'm saying okay tell yourself I hit my profit goal now I'm going to give myself one or two or whatever percentage back or two losing trades and I'm done I'm fine with that I'm not saying give back your full profit but what I'm saying is if you hit your profit goal you don't just shut down your computer things are making sense and working on the day take advantage of it right if you want to say okay if I give back 20% of this if I give back a thousand bucks that could be one trade, two trades whatever size you're trading then fine then you say okay I gave it back I'm not right like things are working for me I lost back my thousand bucks I'm done I'm fine with that I am not fine with you making 5 grand so I would sit there and I'd watch these morons in my trading firm and trust me some of them were major morons and that's what actually motivated me when I first started I'm like if these dipshits can make money I know I can make money part of my language right so it was the same dipshits that would go to the video game room after they were up 5 grand like if you can make 5 why not sit there and make 10 20 so I would sit there all day long yeah if I hit my stop loss on the downside I'd be done but I never quit because I was up it's just it makes no sense take advantage of these markets when things make sense because there's so many days that things don't make sense so that's my rant on that I haven't ran it on that for a while I've got a whopping 6 points here and Q so let's just look at some of the areas where I might piece out of this again this trade is just horrible so I really don't the default is always up when the trade is horrible it's just the way it is so an important area here VWAP we're at VWAP so this is why this is probably spinning around right now because you've got guys that like to fade VWAP especially when it's like downward sloping I could get out of some here what with a whopping 7-8 point win I don't get out of VWAP unless it's confluent with something else I don't see anything else here market profile so basically I'm holding this trade red lug and these are incredible we haven't talked about those yet they're called Ludwig levels it's on this here down at the bottom here get the free 3-day trial but anyway they're awesome for targets they're awesome for support and resistance for instance if this comes up here we actually have a trade say there's a stop run into the lug where I would fade that area but right now my main target is the lug because there's really nothing else up here so I would not get out of any of these trades you could get out at daily value areas a daily value area is just one standard deviation of VWAP or these extreme areas this is barring something else coming in on the volume event side saying nothing happens I'm going to hold this puppy see if I can get to the red lug if I get an event the driver of my trading and it's bearish well then I'll get out of the trade other than that I'm going to hold this thing see if I can get up to 76 that's that and you can see this relative volume is just pathetic so the S looks like it's at 50% this is barely hitting 60% and Q this is horrible and this is Algoville at its minus so we have another trade in my trading room too it's called the reversion trade that's this part of the spreadsheet you get that as part of the spreadsheet subscription too where you're taking advantage of these in this highly highly likely it's going to happen with this event right where it touches and you can see these prices on here maybe we'll take one of these trades let's see make sure this is up to date that's a whopping 9.87 now just pathetic so I tell my trade room too I told them yesterday and I've been telling them you may not want to take these reversion trades with this small of an ATR so we play this trade is literally it probably will happen but again it's so tight you get the volume events these markets get an ATR and we'll come back to the volume event you don't usually see more than 3 before it snaps back or something new happens in equities but these are the sweet spots and then this is where you'd be getting in these trades and it's just literally you're just playing for and move back to the area I'm actually in talks with a trading firm I was going to release a course for this you can learn it in my trade room I go over it all the time but I'm probably not going to put out an official course as of right now because I'm talking about a trading firm about automating this and running it to the world if I'm going to be trading it it kind of dilutes the whole thing doesn't mean I won't talk about it in my trade room but that's one of the purposes of the trade room you're going to learn on the fly how to trade this but I just don't have step by step right now I was going to put that out but that's on hold but you can still learn this trade it's not that technical but it's unbelievable how often it happens we already saw it happen in wheat today this is a perfect example of these markets this spot for grains is usually the 3ATR and that's exactly what this looks like looks like that was did it twice right I'm so glad I got stopped out to the tick there by the way see how it came back but anyway that's the reversion there's something to be said you just got it just like we were talking about with the edges you got to take as many as possible that as a trade you need to be really on top of the market we'll go over this too I make this is another reason why I make it out as some of these and then I want to go over something else you can see market posts just fired off this is a perfect example of this we'll go over this here in a second I just lost my train of thought what was I talking about the other reversion trade so wouldn't surprise me one bit to see this come back to the cement and this would be the one you would have been in a 24 so that would have stopped out the two and the three are still alive so you would have been in a 3275 on the two and the three hasn't triggered yet so on days like today when you see really low relative volume these are much better trade the one didn't work but again if you're going to do them there's guys that take the ones the twos and the threes like the one may lose and you get in the two and that one works or you lose on the one and then the two and the three works you got to decide how you're going to play them and this is why I'm in talks with the firm to have this automated because I can't keep up with it even on my own let alone on these webinars so once we get that automated the least that's going to happen for you guys is I'm going to have concrete stats on the exact what are the sweet spots what are the percentages for nasdaq how many times is the one the naked one work because we have one aggressive one ATR or you can wait for the two ATR and take the one coming back all that stuff so when I'm watching here where I make it out of a couple of these I use market pulse to help me so this market pulse is set up to most buying or selling I'm going to show you actually something else that I just learned from Bruce watching one of his webinars the other day it's very very interesting in horrible conditions like today but this is the for the nasdaq this is the buy and pressure and balance that will go right the most buying or selling for the last hour I have it set to so it's very important and you can see I should already be out of some of these I'm going to get out of 30 go over white here so that was a whopping it was like a 7 point winner but anyway, remember I was long off of this why did I just get out of three there because market pulse fired off this is the most buying in the last hour especially since the open you can see the sweeps indicator as well what happened there it failed instantly so we have a pattern here and I can maybe show it that I posted my trade room there's examples of these it's just the same, it's a pattern just like we talk about patterns with the SI indicator it's the same with market pulse this just happens so regularly it's crazy so you get the buyers, they're off sides it'll move away from the area it'll retest and then when it makes this next low that's where you can get out of some so I just got out of some because of that but I think it was last week we talked about a crude, that was a long crude if you remember, you can go back and watch that webinar and I got out of some and crude for this exact reason the buyers were really aggressive they were wrong, it did the retest I got out of some at that next low and then I still am off I got stopped out of the rest of them but I got out of some and this is still failing I don't get out of the full position because this stuff is pretty fleeting buyers can come right back in real time that these buyers were aggressive and they're not winning and it moved away and it comes back and these buyers are like, okay get me out and that's that move a lot of times so that's why I got out of that let me just show you this real quick I think I showed it last week too but it's good to see so that's in the trade room as well where's it at here any questions guys throw them in the YouTube channel so here we go I can stop talking for a second too so this is exactly what I just why I got out of Summit Nasdaq there's the buying this looks exactly like Nasdaq here's the move away, here's the retest next low, that's how I would trade that you can either get short off of it this is more like a scalp type trade or if you have positions on, you can get out of something that's what I just did with Nasdaq there's the buying areas here so this one actually held that's not where you judge these initially so it moved higher and then more buying even came here so the way I've been seeing to trade this is to when it comes back and retest this area first of all this one failed immediately but you want to see if this one had this and if it can hold and then get back up off here you can buy that this one and put your stop below there and then on this one you would wait for the same type of move while either one of these held this one tried and then more buyers came in immediately offside and you can see here's the retest right there so the method this gets back below that last low that's a good place to short the trade with the stop right above there right so talk about this is these are aggressive buyers, how are you feeling if you're there you think you got it step on the gas a little more if you got it moves against you immediately comes back you're like oh no you get out that is a fake a fake trade then you can see this is more of a continuation here so you have this selling every selling there there's your move away, there's your retest that holds in this instance then you see more selling that held then you actually see some buy and come in and they never get in anywhere near moves against comes back, fails again they don't get anywhere like getting it back above this buyer so these are continuation areas where the sellers are aggressive retest holds sellers aggressive retest holds then you have some buyers that get aggressive then never can get above there so these are instances where even if you didn't short here and then put your stop above where this first one came in there and then write it down to whatever if you have a specific area on a chart that we look at so that's the trade and again it's fleeting it's not as important I would not use that as the driver of all your trading yeah you can scalp off of it but it's pretty fleeting like I said right now I got out of some of these because the buyers didn't win this instance at first it doesn't mean they can't come right back in but I wasn't willing to say they bought here and you can see it did bounce off of that one but this is the most recent I wasn't willing to say if these buyers are really aggressive and they're not winning why the hell do I want to say start and this is a perfect example, here they come again here's another one so if this fails I'll get out of some more or this could just rip up I still have some of my position on but I'm not willing to hold the full amount of time buyers not winning that they came back in it did hold this first area so that's good information I'm still on 7 out of 10 I hope it keeps going I'm not mad, it ripped higher I traded what I was seeing in the real-time line and I got out of some because that could have easily done that like it did last week when I showed this exact example in crude here you go that's even more but it's pretty unbelievable and you're playing off these algos it's the price change algo of this market pulse I literally just saw Bruce talk about it the other day I'll post that video it's pretty unbelievable, especially on days like today where there's no big money coming through we'll go over here in a second I just want to see what happens here so this is the same thing so what I could do here too you can trade these where you add to your trade as well back below here in ATR that's 11 a.m. I'm going to get our weekly EIA data crude oil ended in 44,000 today's the crude number? oh yeah, Monday was a holiday so we got the crude number in 10 minutes I forgot what I was saying so I got long off of this amount so my stop is in ATR below there at 17,100 we said well the same reason I got out of this I could add to this too depending on how this reacts here maybe we'll do that you had aggressive buyers this would be a continuation pattern like I just talked about in that video now let's see what happens here it doesn't mean you just buy it as soon as it moves out of here I would want to see it hold come back then on the next high I could add to my long for that part of the trade if I add to it I'll just risk below there so you can see how you can add to your trades with very little risk right? for a portion so let's see what happens here any questions please throw them in the YouTube while we wait for this to happen GHD, think support and resistance and pivot points are the best tools to trade futures what tools do you recommend for the best thing you know a lot of a lot of people use pivot points a lot of people use Fibonacci it's whatever you think is important if you see patterns at these areas if you think any one is better than the other one I don't use pivot points what I use are my zones so the important areas I look at are my zones I look at and the Ludwig levels and market profile composite those are my three main important areas that I use in my trade it's not to say that something you're looking at isn't as powerful or more powerful that's fine but what I'm telling you is the edge is finding the real-time volume events happening at your important areas that's the key but I just use these lugs we call them lugs so I have to say Ludwig level 80 times on a webinar and the market profile composite these are just days value areas of days merged together so I'll show you this price change I'll go here to market polls so these are the areas that I remember we talked about in an energy document so these are important areas let's stop running out of the lugs these are the easy zones down here you got profiles and courage I named it it's kind of a funny name that was John of Kennedy's book that would be in one of the areas that I just talked about an important area so for instance if this market comes back down to the top of this this is a two-day composite it turns into a bullish event on the flip side say it came down here got inside here got a volume event and it's bearish why it would go short so these are important areas these are my important areas easy zones are my important areas and that I wait for the volume event because that's what's happening right now let's see if we can add to this thing so this part of this buying were stop runs and it was 136 stops I don't think 130 in this market environment a lot of times like you'll see stop runs but that's not the cause of the entire buying for the spike to have a spike is the most buying in the last hour and then you add a little more here that wasn't quite there were sweeps but that wasn't quite this set for 70% so we'll draw that yellow tip if it's 70% or more so here's the routine right so I would trade off you could wait for this whole thing include those sweeps why this is that color and wait for that that's what I'll probably do for this one I know this wasn't quite market pulse but let's just see how this happens so again this is telling me something's up here this is another round of buying that is not holding do I get out right there no I don't want to see it retest which is kind of doing and then you can get out of more at the next slow I'm going to get out a couple more here because this area is not why if these buyers are not winning right now again I'm not going to get out of my full position if this comes back down here I'm going to get out of two more like right now this is how you utilize real time information put that at 30 alright so I got out two more why we've just seen two instances where the buyers are not winning they keep being off sides right off sides I still have five on if it rips fine I'm fine with it but I'm just utilizing what I'm seeing real time the other thing you could do too is like okay I mean this one already violated but you can just say alright well I see all that buying and I'll get out when it gets below there just pretty much would be a scratch trade you can do that too again this is all subjective this is how I view it and I just keep seeing the same patterns so this is a very good tell right now if this thing can't get above this that was even a bigger move down I already got out of two there but I just am not favorable I don't think this thing is going to rip right now and we already know the odds of it coming back to this zone are very good on top of that so this community area this is failing let's see what's going on with the hero let's see if that's giving us any information so this piece is kind of just hanging there next seven is hanging up there as that is not doing much so I'm not getting much information from that right now from that entity but there you go like that this is telling me something's up here I'm still going to hold on a part of my position based on my rules off of my this is the main driver of my trading right this stuff but something's up at least short term and that wouldn't surprise me one bit and this is a good way you can take your reversion traits too and I'm talking to my room the guys that are using it if you see these areas fail then you can pop in this thing and just catch that move back down to the zone it's very very likely now you can see here's some aggressive sellers there's a market pulse the highest selling and the last hour since the stop runs over here now see how that reacts this could be a continuation short this is more scalping I'm talking about but this is not surprising me what these guys are are probably these guys that are off sides getting a lot of their trade so this is just an incredible thing that you can be using for those of you that just love scalping that think you're going to make your millions staring at this dome it's not going to happen in my opinion because if it was possible to this day this is how I made millions of dollars in the past I would be doing that I don't see any edge in staring at these numbers anymore I do see edge if you want to scalp in this stuff if you follow and you see the patterns in it speaking of which let's check out this price change okay so let's turn this on let me post this too before I forget Bruce I was just watching the other day because I'm going to have a webinar I got to talk to them but I'm sure they'll do it because they're awesome because they've added all these different market pulse options right? order book pressure price change, spread change, sweet pressure balance, volume pressure so I've been using this one so I don't have a full understanding of what you're all showing me so Bruce did a webinar a few days ago talking about the price change if you would be amazed let's just look and again I'm not an expert at this I just started watching the other day but once again trading is all about patterns this thing is ridiculous let's see this is the problem is they need to change this so you can see like one of them is a 5 minute price change the other one is an hourly this one this is the price change so I got one set at an hour and then one set of 5 minutes so when you watch the webinar with Bruce he's using the 5 minute one if you see a ton of them that's the 5 minute so this has got to be the 5 minute here so this stuff is pretty amazing you've got to remember this works until it doesn't work right now algos are running the show so these algos pick up when there's a type of move I'll post it here in a second when the markets get an ATR away from important volume areas they snap back that's a reversion trade well there's something to be said in market environments like this when the market makes too big of moves as far as what's happening currently these algos jump in and snap it back the other way so you can imagine it works until it doesn't work so this is playing games about 10 of these I can just see them right now of this working today it's all great and fine until say big money comes in here well you're going to see big price changes and if you play the fade you're going to get run over so this is how you have to view it these algos are 80% or more of the trade in here so 80% of the time or more it's algovill 20% of the time big money comes in and does what they need to do so you've got to accept trading the probabilities again you've got to accept if you're going to go over this if you're going to trade this price change it works then you get run over because the big money comes in 20% of the time so 80% of the time this is probably going to be awesome especially at a day like today days where there's high relative volume coming through the market we looked at that earlier there's none I would not be messing around with price change because you're going to get outsized moves or whatever they're buying it so let's look at some of these let me post this to you when you say your zones can you define your zones which zones GH the volume events or if I'm talking zones these are my inflection zones so these inflection zones were important things happen in this structure so there's four important areas of trading tops and bottoms of balance areas those today high volume nodes of balance areas just a better example of balance areas crude number just came out so we might be getting some in there anyway tops and bottoms of balance areas where this zone is high volume nodes I don't usually draw the high volume though because I'd have 85 zones on my chart and it's just too much for my brain you can eyeball the high volume node of a balance area like this would be a balance I know it's right there you can see this was a fail break out of that just ripped right through some of the best trades out there and then the other areas that I will mark and that's why this one is marked actually got a selling tail there so tails are not a huge tail this isn't really important this is a big buying tail that's that zone so directional conviction direction and buying and selling tails so this one was directional conviction marker came back and put in a huge buying tail that is really important information that means it was instant rejection so you can bet this area, especially this zone I would say one of these zones are going to you're just going to see some kind of bounce out of there and if it doesn't then it's telling you something even more but this zone is really important on a comeback and you had the buying tail so anyway those are how I draw these zones you can draw these yourself but I've been doing this for so long they are very powerful areas but I still don't try, I know how powerful these areas are I still don't trade them naked I still need to see a volume event in the area so again, these are important areas that I think are important that I still need to wait for a volume event though that's why I keep trying to camera home to you guys you may think other areas are important but wait for your volume events and here you go, shocker, shocker here's your retest of the zone so let's see which one of these reversions worked so do you see how I flatten we'll go over that here in a second but let's see the one obviously did not work the two you would have stuffed out at 45 we've been seeing these lately too you're still alive on the two so the two and the three worked there that did not touch 45 and the three worked these things, alright so say you said, okay I'm taking the ones all the ones, all the twos and all the threes well the one stopped out you got the two, you never stopped out of the two and you got the three, right back to the damn zone over and over and over and over that's why we take the trade, patterns so back to this stuff what did we do up here I saw a big buying, I saw a big buying most buying in the hour I kept saying there's something up again this could turn around and buyers come back in I saw my full position when I see these buyers aren't winning and then here you go let me know if you've seen this pattern just talked about it it's unbelievable how all these things just keep doing it because it's algos, right? algos are not like changing what they're doing like humans they could see this like we see it there you go this example of this so this did rip out of here at first but it never made a new high so you would never say I'm trading this on its own in a vacuum and then here's the pattern to the downside moved away, came back failed, go short right there and you can use these areas to get out traditional areas to get out or wait for a new market pulse the other way or whatever but you can see how these work buyers off sides so this was a fade if you're doing just market pulse and this was a continuation if you're doing market pulse you could catch monster moves off these but again this stuff's pretty fleeting buying and selling that's happening right now these are not as important as the volume event but these are still volume events, right? so and you can see it even with the sweeps so that you saw the market pulse but then you see these sweeps coming into there you go I'm still long, 5 I got out of a few I'm fine with it I did think this did the official retest of the price let's see here it's the price let's see where you've been out 16 you may have missed it, I may have jinxed you I'm talking to my trade room they only got to 16.50 so it has not done an official retest that's only probably well but hopefully I didn't jinx you guys so there you go that's that trade surprise there's nothing in crude you know another we talk about thesis the other way you can come up with thesis we've talked about liquidity liquidity is in one direction this is telling me that this market is probably going to be chop fest like it usually is liquidity liquidity down here so it's probably going to be a range type of day so you can there's days where you pull up a market and you'll see just bands and bands and bands of liquidity you can bet it's going to get there doesn't mean it's going there right that second no but we have this is called lick trade so if you see a bunch of liquidity and you get a volume event things conform to get in like the other guy and stuff we've talked about that's a trade we can trade for that because you know it's very likely to get there I'm sure we'll put one of those on for the days done so there's nothing to happen in ES so back to this price change algo so I should be what am I doing here I did the same thing a couple webinars ago so I need to be out of some of these bonds especially look this was a 15 tick winner what am I doing hold on you know as long as if it's hitting anything important then I'm okay with it but I guarantee this is something I could have got out of some of these bonds I'm long three we already talked about that trade off that double whammy how did that work see just an idiot this is the problem with my trading on these webinars and I'm fine with it but you know look where this bounced I would have been out of two of the three here you had prior Martin one of my important areas we've already talked about multiple times right bottom of this market profile composite and this was like three standard deviations this is just F on my part I just cost myself like 10 ticks on this thing and that's a substantial move in bonds 3125 a tick so I could have been out right at that market profile composite these things pulled back 10 ticks I'm going to give myself an F on that one terrible I have four on I'll just get out of two here that was a whopper trade I just screwed that up so again I'm still in the part of the position but I would have been out I watched and that's where you can use market pulse here too I don't have it set up here let's just do one just to set it up I can't believe how often I do that though so you hit create there's bonds you want to go we haven't talked about the price change yet as far as looking at an example so this is the one I use currently volume pressure and balance I don't need to do it, uncheck that I got bonds here and then I want to see the most buyers selling for the last hour this is all default so just threshold 70% this is the delta percent that's the tips that I've been talking about where I'll show you the color tips start it up you'll get this little widget kicking in here and then it'll populate these areas so this was a great market pulse area down here on top of my main driver of my trades so this was that buy ice you could see the market pulse went that was almost extreme selling that triggered the buy ice then you had big buyers come in how's that trade I would have put this on regardless but that's just additional information so the big money's buying the secretly and then someone's buying it because these are market orders this is 100% of the biggest buying in the last hour and then look what it did guys this is why real time buying if you are not trading with this this is actually funny too going back to the story of the trading firm that I'm probably going to hook up with for this reversion trade stuff they did not know about book map and or the CME MBO data I almost fall off my chair how could you have a trading firm that don't have this information that just shows you how what an edge we still have trading firms aren't even using this some of them so take advantage of this like our own little secret stuff I can't believe a trading firm doesn't know about this stuff but anyway this is the most important part thing you could ever have in trading in my opinion like I said 5,000 times but I was pretty shocked on that let me change the colors here by the way that zone just I'm sure you haven't noticed that I almost jinxed you guys that we're taking the reversion trade but it worked so there you go you had market pulse and buy ice down here and I missed my exit up here that's very upsetting that's what happens around these webinars anyway here's your retest of the zone another shocker and we'll look at it bounce right off of there you think these zones are important you think the algos can pick up where this activity is absolutely that's why we have that trade and this is actually I could take a bark long bark and mick long gear too let's check algoguy because it's never retested this is the first retest I have specific trade strategies for this retest and confirm back out right if I can find algoguy I don't think I'll swim thing just disappears and then I have to channel through 85 charts to find it there it is algoguy is still bullish I mean they're on top of each other the short term the blue and the long term again this is just a moving average exponential moving average ribbon I post every time I'll do it one more time so I always get questions on it this is a great resource for this you can come up with trading strategies we have a couple there's about 50 you can come up with just this thing it's important because these algos it's off of this moving average stuff so you want to pay attention to it that's why I have a filter with that thing for my bark and my lick trades I just noticed almost all my losers with those trading strategies were against algoguy so I'm like why won't I just use that as a filter and increase you just want as many factors in your favor as possible if I'm going to just take those trades I know the volume events are edges on their own but if I can get another entity in my favor then that's even a better edge so that's why I use that as my factor and we'll go over this in a second what the zones are does this book map strategy if it will work on currency and gold also yes gold stop me if you've seen this pattern before I didn't trade this one I was doing my zones today for my room but this was pre-market before I started my book map but the drawer is on my other computer anyway you ever see that routine you ever see that before let's respond to that so that's gold currencies I did not trade anymore because they all of a sudden out of nowhere took away the icebergs and again my opinion so you got to remember icebergs are hidden orders the big money can't be real happy they're spending this money to have these hidden orders in the order book and we can see them again these are all my opinions what I think happened there was a period like 2014 to 2017 where the retail trader was dying because they can't make money because these algos were running everyone ragging so it got to the point where the retail trader there's statistics on this you can look it up retail trader was going in the way of the dinosaur so was algo versus algo these algos don't want to be trading they want your money we're the dumb money too we talked about the stop runs we're the dumb money we're what feeds the algos if you guys don't think this is a competition then you're not understanding what's going on here these algos are trying to take your money so anyway the point is they were going head to head their profit bars you couldn't have been very good trading against other algos so this is just my belief that the CME decided to release this MBO data to kind of throw the retail trader a bone saying here you go you can see a little more enhanced information on the retail trader because these algos these big firms need us in here to take our money that's why 95% of traders fail or whatever that's why I think they started to show this but now back to what I was saying in my opinion trading firms can't be real happy that we can see this information this is the whole point of an iceberg is to hide your orders because they're hiding from these algos if they just dropped huge orders in this order book the market runs away from them they want to hide their orders in the order book they can't be thrilled that we can see their information but they probably they probably say well you know they can see the information but if we didn't have the retail trader we're going algos versus algos that's my opinion so now fast forward to the currencies all of a sudden out of nowhere no more icebergs I wonder why that is again my opinion back to the big firms my opinion said the banks that's what currency trading is there's FX and then you can trade the futures on it yeah we don't really like that people can see what we're doing why don't you go ahead and get that off get that information off the charts so that's my opinion like I said 12 times so anyway long story for that's why I don't trade currencies because I don't have all the information all the information is volume events you guys are not using book map that's why it just shocks me that that trading firm doesn't use this stuff yet they're going to because I educated them about it but if you're not using this information you just don't have all the information yeah I'm not saying what you're doing your areas that you've traded traditionally for the last however many years I'm trading I'm not saying they can't work but I'm saying you don't have all the information so yeah they may work but if you get your areas with this information now you have a real edge in my opinion I think today eventually we'll cover this new price change I'll go did I just very post that in the room let me answer a couple more questions geez Scott may I ask did you ever think I'm not using a stop the idea is the price will always come back to that level just wait it out yeah good luck good luck with that that's almost comical yeah the price will always come back no it won't majority of the time yeah it will the market comes back to the volume if you don't use stops then you think it's going to come back yeah good luck your days are numbered that's my opinion on that I hope you're kidding with that or if you're using someone else's quote but whoever's trades like that good luck you may work for a while and then you're going to have a day where it doesn't come back and you're going to blow out your cow Brent Drake I don't know it depends on your account size and you can't get in here this is what so many other white pet peas all right well I'm going to get in here and I'm going to make $500 a day if I can do that I can quit my job and have that income yeah you can average $500 a day you can average $5,000 a day depending on your account size and that's the other beauty of this spreadsheet you plug in your risk right so if you got a $50,000 this is why I can't say for a beginner are you a beginner with a $50,000 account or are you a beginner with a $5,000 account right this is why you want to be using Apex Trader funding we'll go over that too but say you got 50 grand okay well that changes everything I wouldn't be risking 10% I'm more aggressive with these Apex accounts but say you got a $50,000 account you're only risking about 2% of your account size in each individual trade well based on that you can put on two full NQs or 20 MNQ if you got a $5,000 account and you're following the same 2% rule well you can't even put on a full contract you can only put on 2MNQ so I can't tell you what's a good day what's not a good day as far as what you should be averaging what I can tell you is people that get in here thinking this is like a job where you're going to make $500 a day or $5,000 a day every day it is never ever ever going to happen especially as a click trader yes, you can average that your P&L is going to look like that hopefully it never looks like that on the downside because you're stopping yourself but you're never going to make $500 every single day that's not how markets work you can average that if you have an edge absolutely so don't come in here thinking you're going to make money every single day you trade it's not going to happen ever I'll bet my life on it just for a beginner again it depends on your account size what's your account size and I can give you a better a better estimation on what you can average a day if you're following this again another beauty of this spreadsheet if you don't have something like this you can get it on my website I showed that earlier you can get that right there it's worth its weight in gold in my opinion this thing is worth millions of dollars you plug in your ATR you plug in what your account size is how much you're going to risk and it tells you exactly the size you should be putting on based on your risk so if I'm trading a $50,000 account I can risk $1,000 on a trade if I'm adhering to the 2% rule of loss then it tells you the exact prices you get in where you stop out and then for the validation price for the rules of my trade so on and so forth so again Brett if you want to tell me what account size you're talking about I can give you a guesstimation on what you can expect today but overall not a day average other than that I don't know Brent a good strategy is 1% to 2% absolutely I posted that which time frame ATR do you use ATR is 5 minutes while there's ATR 14 period this is just think or swan default you can see it anywhere you can see the 14 period there and right now it's a whopping that's not important for lately it's not that bad 2.74 so guys this is all fractal too I was showing you a 60 minute chart but it's not as powerful as the longer time frame you go out the more powerful it is but this is the same kind of stuff this was yesterday build and balance for hours so I'd watch that as it comes back you can see it on the so if you were drawing zones here too I would make and you can see this launch basically from this IM node that's directional conviction I will bet when it comes back there you're going to see some kind of bounce if it doesn't that gives you information too but the odds are so you can see if it comes back and you get a value event you can say I'm going to take that long off of where that launched from yesterday you could do that just looking at the chart all that important area I know that area is important this thing launched looks like 10-15 points not a big move but it did launch out of that balance does that mean I just blinding along there you could or you can wait for a volume event that's bullish then you have way better odds or use market pulse down there like we've been talking about so on and so forth so there's your retest of the zone and remember I got out of some I'm still long this my original stop is down here another event to trail my stop too but you saw earlier I got out of some when these buyers were off site if it stops me out at least it's not full position I used real market activity to help guide me on what was happening in real time that's just doing nothing let's try to get through this real quick this is the price change I don't know if I just posted that or not I'll post it again this is the 5 minute one every time this market moves these algos snap the thing back again this works until it doesn't work the algos are playing games this is why you get whipsaws they can pick up when the market move too much watch the video let's go over these first so this one didn't do much try to pull back a little bit did pull back a little bit here's another one look at that again if you're gonna scalp if you just demand you insist on scalping the best way to do it is with market pulse so you got the price change you can use the absorption he was doing that in the webinar I can't figure out how to get it in one line just watch the video you can see every time this thing makes an outsize move these algos snap it back here's another one snap it back let's keep going it's just amazing guys because algos were on the show here's another one here's some more so this one kept going a little bit but eventually it gave it up so this is very fleeting stuff too and it works until it doesn't so these things might keep working might keep working and then big money comes in and you get your head kicked in like today you could probably have 50 of these traits look at this right here biggest buy this is only 5 minute we'll look at the hour too Bruce was using 5 minute I think that's a little too close but you can see these are still working there you go there you go these are little moves, I mean snap backs but it is snapping back so this kind of explains too like when you're in a trade and it's driving you crazy and it keeps doing this crap well this is part of the reason let's start selling it that's too big of a move let's start selling it that's what causes the rotations there's another one so the way you can do this too again this is brand new I just started watching this algo on the market this is just another incredible thing from the market pulse algo the way you can do this is the minute you see this spike you just get in and you play for maybe an ATR and then you're out but it does respond every time this thing pops it's ridiculous here's a sell one it makes that noise too just kidding you can actually have it make noise and then the other thing too look at this on the alerts actually market pulse is because of me by the way not all this stuff but I told them you guys need an enhanced version of tix track I still use tix track, I still love it when it's against me I get to listen to my positions going against me and watch them but this is an enhanced version and you can see the history tix track is never shown in history and I've been using this thing for 15 years but anyway I told book map you need to come up with a tix track on steroids and they did it and now they're just taking it off with other stuff so on this new alert page you can see you can even get the alerts listen to them through the widget so if I turn this on you'll hear it when it happens you can hear it and then you can see it it posts just like it posts the iceberg events too I mean the SI event stops on icebergs guys I just say it every day of my life I even posted it on twitter yesterday like when I posted their deal for the yearly stuff if it wasn't for book map I would not be trading I'd be sitting in a doctor's office right now waiting to sell some product waiting to kiss their ass sitting in the waiting room getting sick by all the people in the waiting room so if it was not for book map I would never have been back in the trading there is no better information if you don't have this information you just don't have all the information I keep saying here's another one price change and this is what he talks about so this is the video I think I posted it it's important right kind of like the hourly volume pressure that we were talking about with NASDAQ earlier I think I already posted it but here it is again so before I get into that let's just look at some hourly ones because those are probably even more important just makes sense if you get an hour move that's the biggest move in the last hour kind of like that look at that that's nuts because actually here and you can see on those sweeps that did pop four points that's a big move today ATR is three that's what I mean like you can get in right when you see this and then hold it for an ATR and get the hell out of the trade so again if you insist on scalping I think you can make it but you gotta be taking every one of them in the markets because it's not so fast but I mean every one of these look at that this is the last hour remember so you can set this up for any time period you want on these this is the absorption pressure I gotta ask how he does because if you watch this video he's using the price change which is like an outside tight move where he's adding in absorption when it's huge absorption so someone's absorbing all those orders and it's a big move outside move that's even better edge you see what I'm saying so watch the video I don't plan to be an expert on it yet I will because I pick up that's one of my guess right I pick up stuff very quickly as far as edge so you can see he's showing this here right you should get on these webinars with him too I mean he's five minutes settings in here I have a five minute period in here the look back or training period and just understanding where within five minutes was kind of an average move and this is over this is extended this is over the 70% line here these little white lines in here well let's actually bump that up in here makes sense right we're looking for a really extended move we can try 85% it's not happened well it happened up in here so it started to happen in here so he changed his threshold there right so it's default at 70% well you could say I'm only trading if it's 80% 85% of the biggest move in the last hour or 100% of the biggest move that's even better odds I'm sure if you take enough of them so anyway he goes over to watch the video it's awesome he just made this the other day I think usually says I can't see it there but this is the same stuff you get these pull backs every time the stuff fires off amazing just more edge I mean how much edge do you guys need it's all it's all staring in the face man I you know I try to show you how I use it you can come up with your own ways of using it you watch 10 million of these things and you come up with better entries and different rules that's fine right but if you're just starting out and you're trying to understand it I would definitely learn how I'm doing it just because I've watched so many of them and I do have and anyone on the planet as far as eyeballing trades and trading back in the day I used to average a million round turns in a month a million round turns flipping this thing back and forth so I've seen some order flow in my life that's the point I'm not saying it's not glory days I'm not saying oh I got almighty because I did that I'm saying you should want to utilize my experience and when I'm telling you the patterns for this stuff I used to react as a trader as a large trader how other guys would react and I could see what they're doing and so on and so forth so the point is trade it how I'm trading and for now learn the rules learn the rules and the setups in the course that I showed and everything else learn that and then once you watch enough of these you may start saying hey you know what I don't need to see an ATR move out of here I'm going to get in right away stuff like that alright we're at the time where that price gets really annoying too of course I can't find it .es1 anyway if you have any more questions I'll answer quickly starting with a 20,000 account Scott what is a realistic on a given day when you plug in in this spreadsheet so if you put in 20 grand and you're risking 2% that's the most you should be risking on a trade in my opinion 2-3% max a winning trade is 400 bucks so you know between one and two winning trades a day would be your goal that goal remember you don't make it under bucks and say I'm done but I would say an average of one to two trades so maybe 600 bucks a day I would say would be a good baseline that you can expect to make if you're adhering to your percentage loss rules that is probably an average day with a 20,000 dollar account risking 2% would be my guess 600 bucks right doesn't mean you're going to make it every day but over a year if you have a strategy you should be able to at least average something like that if you have an edge and I'm showing you the best edge in the history of the planet future straight GH would you be open to receiving 1% at about 50 to 1,000 50 to 100,000 each winning trades if we try your signals for certain commodity trades what do you mean open to receiving 1% you mean you giving me 1% you can give me as much as you want I don't know what you mean by that conscious monkey Scott the Elgo link you posted here never showed up for me would you post the same link on discord what Elgo link Elgo guy are you talking about conscious monkey it's in there if you scroll up I'll post it again once I hop off this webinar because I got to find it again I'll post it here but it's in there if you scroll up everything I've posted that all stays in discord it just doesn't stay in youtube right because it's a different stream if you post it go up in my channel like right here I'll just show you guys real quick you guys should be part of this book map discord anyway I can't find the damn price change Elgo that's what's making that noise anyway go to book map discord you're going to want this to get the zone drawing tool anyway you need it because you got to get in my that Roman asked my Andrew for access anyway where's my channel here that's the live stream you go to this channel scroll up I'm sure it's in here if it's not I'll be very surprised I know I posted it I'll post it again you probably got to go back years to find it but I thought I was in there so I'll post that if you go down 6% of the day time to take the day out absolutely guys the whole point is we've talked about this your trading days most of them are going to be like this make a little lose a little make a little lose a little huge day that's why you don't want to quit when you make a certain amount you want to get a little bit of a give back and those are the days you can crush it what you don't want is a big day and then a big day going this way so if you follow your risk rules you start with this rank some amount of time you have the big day and you stop yourself at 6% and then your down days look like that and then back and forth back and forth big day small down day if you're risking 10-20% you're going to look like that and then you're eventually going to have a really really bad day like lose $800,000 in a day like I did twice within a month and you crush your accounts right so that is one of the most important aspects of I'm not going to get into that right now or that story because that story makes me very sad because I didn't follow my own risk rules at the time because I was a young punk idiot and my trading firm didn't stop me either I lost $1.6 million my stop loss was $100,000 I lost $800,000 both times that's $1.6 million more or $1.4 million more I should have in my bank account if I just followed my risk rules guys there's going to be days that it's just not making sense and you're getting your ass kicked and you're like I'm going to get this back F this, this is ridiculous and you get in this competitive mode and then you wake up the next morning and you're like what the hell did I just do I just blew out 60% of my account for what reason that day just wasn't making sense I'm not going to get into that but it happens, it will happen if you're not monitoring your risk you're going to have a day where you're probably going to blow out your account that's all I can tell you alright that's my rant this is my last rant here I gave back this entire f-ing move because I didn't get out up here I wasn't going to get out of all of them but I wanted to get out a half I had four on I'm still in it but that sucks so you got to monitor your areas you're deemed important to pay yourself as the market makes money available that was Bons alright other than that I'm still long a couple or five Nasdaq it's just Bons around this zone other than that if it comes down to 100 I'm stopped out but I got out of some up here when this market post told me something was up the buying wasn't winning right then alright I do this every day in my trade room head over if you want to learn get the course you know again you can learn this stuff on a fly on my trade room but I'm trading live I don't go over basics if you want to get a jump start get the course learn what I'm doing learn the setups and then when you come in my trade room you hit the ground running and you understand what the hell I'm talking about instead of trying to learn on a fly so that's my spiel for that one alright guys have a great weekend happy new year and I will see you next year next Thursday