 Good morning traders and welcome to the live webinar here at book map. This is a real-time forward-looking analysis And why we do this Is so that you can learn order flow and put this together this so the goal here is to On board you and use order flow within your trading. We have an educational course. It's on YouTube Let me show you where that is if you go to YouTube and Bookmap and you scroll down a little bit here. You'll see the educational course down here You can click on this view full play this and there's four parts to it Please watch part one or part one and two at least And this will give you a good foundation of order flow and it's not just Bookmap it's just order flow in general how these markets actually work And it is book map that demonstrates and visualizes how they work Very very well. And that is one of the edges using the the software And and then we're going to put it to the test in these live markets. That is the goal here So demonstrate it in the live market forward-looking analysis not hindsight Let's go through the disclosures general disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations risk disclosure trading futures equities and digital currencies Involves the chance for a risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results. All right, let's jump in. Let's take a look And see what's going on in here. We're looking at the S&P E-mini We can look at whatever you guys like. Let me know We have stocks here. We have the Bitcoin as well and you know, it's Up up to you. I have Apple. I have AMD That's it in terms of stocks and I have the Nasdaq as well as the S&P E-mini and Good morning, Alan. So let's let's take a look here and see what's happening. So the Order flow here. Well, I mean for the day, it's it's bullish here as you can see this kind of channeling here before the Market opens 830 you can see it hits and trades into the 4,000 level. This is significant And did it accept above 4,000? Absolutely Okay, not only did it do that look where it went after this. This is where you can really start to gain An edge in order flow is understanding this context and relationship right here See the heat map here, which is showing limit sell orders and look at the buyers trade into it and through it And they trade up to where The next level of high liquidity here. There's liquidity in here as well You can see it in the heat map, but the high liquidity is up here at this 4,010 and then you can see them up here But they pulled that away from the market and then added a little bit higher later here at at 4,000 15 So after it traded up into this area here, we get a pullback Why why do we get a pullback here? Well, because it's hitting into this kind of liquidity up here On the market's kind of running out of gas it's In fact, we see some some spoofing in here these little see these little kind of Rectangles or squares in here very high liquidity for a very short period of time Uh, and um, you know, it's like showing all of a sudden there's a lot of supply in in the in the order book Here and here And then a 930 cash open you can see everything kind of changes here the especially in the stocks, but We we actually see it kind of sell off to begin with here And it does not make it even down to 4,000 here So it it makes it down to uh, it kind of bounces around here Around o2 or o3 And then we see buyers come right back in okay, and here we go not only have they traded into and through 15 But now to 20 and now we're reaching liquidity up here at 25 Okay, so the momentum here in this move to the upside has continued Okay, so we can talk about that how to understand momentum in here um And this is a good example Well, you see a lot of aggressive buyers in here the the green dots are market buy orders It lifts the market and it trades into high liquidity and you get a little pullback here Trades into high liquidity and through it here Now i'm actually looking for a pullback right to 20 Again here So, uh, let's see if we can get that But it's it's traded into these areas here. Uh, so yeah, i'm i'm looking for a pullback now I'm looking for sellers to come in and try to make make it down to this 20 liquidity down here Okay, even in confronting this really strong momentum move to the upside Okay, i'm looking for a pullback in it. Okay. This is a counter trend trade Or trade idea I should say All right, so let me see. Uh, good morning everybody over in discord. Uh, and uh Let's see if you have any questions to begin with No, it looks like we're good. Okay. Um All right guys, well anyway understand that context here See how like this is going to help you It's really going to help you now. Did we call the market here? It doesn't matter like what matters is understanding like this relationship here Uh, and understanding that wow, there's high liquidity here It traded into and threw it into these areas up here And uh, and it couldn't make it up to our 25 level Uh, so we were looking for a pullback and we said 20 Okay, it's made it there already. Maybe we can go a little further Maybe it still has a little more selling or supply to hit into 19 here Look at the other side. Look at the offer down here over here High liquidity on the offer Uh, and uh, and the reaction is like, uh, well, you know, we continue to sell off and we're still seeing some sellers in here All right, so this is how you can put this into a trading plan for yourself Uh start to recognize this context between liquidity And aggressors and also the price structure. Okay, and what do I mean by price structure? It's it's it's pretty simple This is a price structure of consolidation here. This is a price structure of a breakout And then a return to where it broke out from here basically Okay, so uh, uh, that's that's another kind of price structure here basically All right, and we're understanding now this context in that in that price structure when you start to see these things You can start to uh study the behavior Uh and look for it to happen again and again Uh, and then uh, well, we did that actually last week uh on friday And uh, it was pretty nice. Uh, we sat we had, um Let me show you here On this webinar was Uh, yeah, this one here how to catch a reversal and start building a trading plan Uh, so we saw this behavior in here on friday many times over uh, and um I started to uh to look at it here And build a trading plan from it. We saw it one two three four five times and we and we finally saw this Which actually turned out to be a great reversal for the day Um, and uh, uh, this kind of goes through the process in here. Uh, I would uh recommend Maybe going and revisiting this webinar here I'll put it into chat if you like and then you can Start to understand what i'm what i'm talking about to understand the same process of putting together a plan After studying this context between the liquidity Uh market structure and the aggressors in here Okay, that you can start to see this and you can start to look for even in the face of all this really big momentum in here Uh, if we understand this context, we can look for this pullback here All right, so let me put this into the chat for you. Uh, and you guys might want to uh Revisit that one All right Okay, all right. So now let's go through it again in here. All right same ideas Okay, now we're trading into high liquidity down here Okay, we know we're still in an uptrend All right, so I would look for let's see if we get buyers here and let's see if we can trade back up to 22 now Okay, so uh, yep just looking for those green dots. There we go Okay, still looking for it still looking for them to trade up into here 22 Okay, almost there Still looking for it Let's see if we get it on another rotation here I see and I'm pulling the liquidity down here All right, we should probably get it on this rotation. I imagine Uh, we had it auctioned up here a couple times. So I was looking for a little push here on the on the uh, Push this uh offer a little bit higher here Now now it's kind of everything's kind of shifting and changing here. You can see the see the order book here change See the blue see the the yellow or orange here now And look at the sellers come in so, you know, probably one more test back down maybe to 19 or so here Let's see All right. Well, anyway as we kind of wait and watch to see that everything changed in in here Right here at this point. Everything was still looking pretty good for it to go higher Uh into our 22 level And then this all shifted and changed in here Okay, and we do see that they traded into it, but uh, oh there they go. They took them on All right, so now we got a little more insight. So now we're looking for 22 Uh, that we found some buyers. They took these guys on and traded through them So we're looking for now the next level uh up above So in essence, this was kind of like It was acting a little bit like a spoof, but it's not a spoof because this guy here traded He stayed in the order book and he traded it transacted Good morning. Good morning everybody Boy, it just doesn't want to take off these guys on here at at 22 Well, we'll talk about trade management in here Uh, and I know this is a very small range in here. It's only like, uh, you know three points or so, uh, but um, uh the Concepts in here are exactly the same and that's why we're doing this is we're going through this at These smaller time frames so you can understand order flow We'll see many examples in the live market put it to the test And then we can zoom out and look at much much bigger ideas, uh of the same concept here Okay, so, uh, that's the important part here. There we go. Now 22 has finally transacted it took another Uh trader in here a larger player in here came in with 250 orders or so now He just pulled that liquidity and he added it up higher even here Okay, so he wants to get filled and he just did he just got filled Okay, so he's a buyer that that uh red, uh high liquidity here, uh transacted Okay, I'm still finding buyers. All right. Let's see them try to get up to 24 25 now Okay, we were just shy of 25 before Okay, so now we might have another kind of price change or structure, right? Something like that Okay, and we're reading it though with the understanding of the the liquidity and the aggressors in here All right. Now we're going to take that same concept here Uh, and let's look at the higher time frame Okay, we'll look at a daily here on the left Hourly in the middle and on the right we have a 15 minute chart All right. Well, here's that same concept up here on the daily Well, we talked about this last week. We have a big area of consolidation up here And then the break last week that we saw And the move lower Okay, away from that area to test to where See the wick down here Okay, the the other wicks are down here at this area at 3900 the figure Okay, we're still kind of going back and forth around 4000 up here All right, so uh, let's take it let's take a look at the hourly here in the middle Okay, well, we're kind of in an area of consolidation in here on the hourly And you can see the gap here a couple of gaps And you know pretty big gaps to the upside today and we're still seeing buyers in here so far So let's see if they can I'd like to see these buyers straight up to this 28 or 34 level here I'm seeing green bars here. I'm not seeing a lot of selling So, uh, I'm looking for the momentum and the move to continue up into these areas until we see something different Okay, so uh, same idea here on the 15 minute. Here's our 28 and then here's our kind of 34 up here Uh, and that's where we found sellers before Okay, uh, both times Okay, uh, here you can see the red bars to the downside here. You just see a few red bars, but it gapped lower here So a big big gap And uh, uh, yeah, let's uh, see if we still get buyers to take this a little bit higher into 28 And 34 ish area here Yeah, it's kind of struggling here. All right. So we're trading down to uh, this 19 area again. Okay, so this this, uh Yeah market did not accept up here Right and it's pulling away on on some size too. You can see the the red dots in here Moving this market away Okay, now bottom of the range here now do we see um this this uh exchange of hands in here From uh buyers and sellers in here not really Right, so uh, I'm still looking for this to go lower I don't see buyers in here yet. I see a few aggressive buyers coming in Hey, that's it. I don't see these limit sell orders trading into demand here on on the bid All right, so looking still for sellers to come in Right here at 19, we should see a red dot. Let's if we get that red dot it if we get the big red dot here Uh, then I'm looking for the sellers to drop it not only to this 18 and a half But probably to this 16 and three quarters Okay, more supply up here In the order book at 20 and a half Okay, we still have not traded into high liquidity here on the bid so Still still looking for sellers in here And for the sellers to be attracted to this liquidity down here on the bid All right, let me double check over here in uh Discord no everything's looks good. Okay And over in uh YouTube Yep looking good All right, we're seeing some buyers see the aggressive buyers coming in here But still like I just don't see Like any kind of exchange of hands in here and look at more supply here on the offer a little bit higher here The reaction to this is what we want to read here and understand Maybe we will find buyers. Maybe we'll charge up into these guys and and uh transaction will take place To me again, this looks again like a spoof Uh type of activity. They have no intent to trade is what it looks like We don't know until we get up here though If we get up to this 20 and a half or so And if they pull it you can see they're already pulled here at 20 and a quarter Yeah, see see how they pulled that that's pretty indicative of a spoof They have no intent to trade at all if they did they would have stayed in the order book Okay, here we go again. Let's see. I just saw a little bit in here On the order book and on the offer Uh, where can you find a tutorial? Uh, depends on what you're looking for exactly, uh Muhammad Muhammad Amin Um, so yeah, it depends like uh, how can you understand which are buys and which are sell orders? Yeah, I I really suggest um, uh the Educational course Okay here If you go to youtube and then scroll down here bonus materials Bookmap educational course And then you click on this and and please watch parts one and parts two That will set that really nice foundation for you Yep, you're welcome. Um, all right. Well, we can see that Uh, we did not go lower. We were looking for it. Uh, and um Hold on a minute here. I don't know why My youtube is uh a little behind here. Okay. Um Well, we did not trade into The uh demand down here. There was no demand or not much in here a little bit here But we were looking for this kind of uh 16 and three quarters Uh, and instead what we what we found was that the the buyers actually had demand for The aggressors here, uh had demand for the limit sell orders. So that's what we're seeing Unfold here So the uh, they're just going after it here and and trading up into higher areas Okay, it can happen like that as well doesn't uh, a lot of traders when they first start looking at bookmap and they see it Hit into high liquidity in here uh, they think it's going to like sell off and and um You know It's an easy trade setup. It doesn't it doesn't work like that What this is showing you in here and what we want to understand in here Is this context between the buyers and sellers in the auction Now the aggressors in here are these ones here, uh, the the market buy and sell orders Okay, these green dots are market buy orders red dots are market sell All right. Now the other one is the um the passive orders, which means, uh, they actually don't uh move the market, uh, the aggressors actually do But the passive orders they stay at a certain price level and they just wait to be filled at those price levels like up here Right, we can see there's 369 contracts or followed by 376 contracts up here Uh around 25, uh, and then down here that 16 and three quarters. We see there's about 316 Okay, so uh, that's what we're reading uh here and we're reading the context between them All right, so here's a context a scenario to go through These are aggressive buyers coming in here moving that market higher What if we get aggressive sellers here now? This is how we can start to read this We can look for our move back to 16 and three quarters now the aggressive sellers are now coming in What does it mean for all of these buyers up in here? It means that their position Uh of buying is now they are now sellers in the market Where are they going to get stopped out? They'll get stopped out or be compelled to be sellers down in these areas down here So you can look for that pivot right here to unfold at this kind of 19 and a half area Uh, and then you can look for that move now into that higher liquidity here Okay, and it's it's more probable at that time Again understanding this context and this is not like some sort of math equation or pattern in here What we're looking at and what what we're understanding in here is uh, truly uh about the auction And understanding like what these traders what their actions might be If we can get down below this area here Well, we'd look for a stop run now. We'd look for these red these red line here We should look for a big stop run now. We had one stop run already here. We're starting to get another one I'm looking for the follow through to the downside maybe down into 15 here uh, and um Let's see if we can get that And now we have another context in here the icebergs Buying on the other side. All right. Let's let's take a You know step back here We can always dive into you know the smaller timeframes in here to understand You know what might unfold for smaller moves But let's look at our bigger moves again here Okay, so we were looking for the the move higher here because we have two green candles here on the Hourly and then also here on the 15 minute. We finally have a red one now So what I'm still kind of curious if we can get buyers in here Maybe it's just taking a bit of a break right now and pulling back Let's see if we can get buyers up into these areas up here Okay around around 28 Okay, so 28 would be up here and there's very little liquidity up there right now Okay, now we're back to that same idea here Okay, and another pivot in fact, I think we can take this one And move it on up like that Look for 25 here See all the sellers are are Defending the position here. Okay at 19 and a half Nice Come on sellers. Let's get down to 15 okay Didn't really trade too much here at this 16 or seven 16 and three quarters So still looking for more sellers to try to hit down into 15 here There we go All right, let's see if they start to yeah, they see how they're getting filled down here now a little bit Okay into here now some of it pulled in here Some of it's getting filled in here. You can see Okay, so You know partially filled in here I want to see it. I want to see it completely filled basically These guys were mostly staying in the book here. So they want to be buyers here Down at this 15 level Okay, look at the supply come in and look at the reaction to that supply here Sellers so we're looking for that move into the seller into the buyers down here uh for those of you who um um Have the mbo bundle uh We have this uh We released it some months ago. Um the trader map pro. There's our move guys and looking for a big stop run here. That'd be nice Um, so are these guys transacting? Yeah, they're staying in no partially here, but they're staying in here So they're getting filled Right. So these these these buyers got what what they wanted for the most part Uh, and now we want to understand something Is there still more supply? So far there is see the selling coming in Okay, there's our big big stop run. That's what we're actually looking for to be honest big one All right. Love it. All right. So what Now i'm really curious. Look at this move all the way down here Okay, so down to this structure here I'm looking for a bounce now Okay, we got our big stop run. I want buyers to come right back in now Uh and try to trade right back up to maybe this 12 and a half Um, or maybe even like 14 up here Okay, big stop run. Uh, here's the transition also between buyers and sellers Larger players with icebergs Okay, it's not a whole lot. It's um, it's only about 200 or so So it's not a whole lot, but the stop runs pretty good Okay, that was still still finding more And another stop run too More supply Did they get filled? Kind of all right Still looking for our buyers here Okay to scoop this up down here Try to trade it now. I'd be looking for the move back to about 13 Maybe maybe here maybe 15 All right, let's read that what this would look like in here Okay, still we have a lot of supply here on the offer right now So still still more supply Yeah, it's pretty strong. This is pretty strong move Where is this thing going? Let's take a look here At those of the day here are the cash session O2 or 4 000 here Uh stop run. How do I know it's going to happen? Um, well just We can kind of anticipate some of the stop runs doesn't always happen But we know that there's a lot of buyers in here that are going to have to turn into sellers on the way down and You know, um Now one of the things about a stop run is like, you know, it all sounds so great. Oh, everyone got stopped out and now I'm looking forward to reverse Um, it doesn't work like that either. Um, what we want to understand is the context again Um, that we get a big stop run meaning people are stopped out, but Maybe the market still accepts lower Uh, maybe maybe it doesn't find buyers willing to buy Uh, and instead it finds finds new sellers coming in to drive it even lower Okay, so that's what we mean here by by context Uh, and that's what we want to read like here's the context here high liquidity, but it pulled Okay on the bid here. So we're still finding more supply here again right in here You know, they didn't stay in the order book and get filled Okay, it looks like they want to down here at the figure. Okay, we're down to 4 000 now Hey, there they go. They did fill. Okay. Now look at this. See them bidding up here. They want to get filled This is aggressive behavior of Passive orders. See they got filled there See that Okay, so now what i'm looking for is can we get buyers at o two and a half? And then I would look for them to try to make Reach back up to o five here. Maybe o eight Okay, and that's the context in here. See how see this is what we mean by context again trade into this liquidity Uh, they're more aggressive here with their passive orders Lifting the bid and putting um or taking their bid at higher levels here and getting filled Now we're looking for the aggressors to come in and right here. See we don't really see many up here Okay, we're looking for green dots in this area and we don't see here. They go see see that little cluster there Okay, not bad. So looking for them to try to take it a little bit higher here Okay, there we go All right, so uh again understanding this dynamic between the buyers and sellers Here we go more buyers here. All right. Let's see if they can get up to our o five at this point That's what we said this area here is what we're looking at and we're looking at the liquidity as well Okay, make make sense. It makes sense in in essence. There's a pattern here to look at visually no question However, it's really the it's the concept in the in the context There's high liquidity here it filled in this area here some of it So let's see if we can get a retest back there and if Are there more sellers up here? Right, so that's what we want to read And that would be a retest back up into where it dropped from here Right and and that's what we're looking for here And that's what we we we mentioned o five first and then o eight up here because it's at the swing As well as you can see the high liquidity here at o eight Yeah, at the bottom you only have cbd PEP yeah, that that's uh what book map comes with the stops and icebergs here are sold separately They are sold on the book map marketplace. It's very specific Indicate indicator package. It only works with rhythmic as your data feed And it only works for cme group futures. That's it. All right, so that that's important to know um, and that's why it's so one of the main reasons why it sold separately, uh is because Because you might be a stock trader. You might be looking at other futures markets, uh You know the the ice or the urx or something like that and they do not offer that Uh, you might be using cqg data, but looking at the cme. Well, they don't offer market buy order data So it's very specific. That's why it's sold separately All right, here we go again now this one I like a lot here because look at look at now we've got another puke here Now what I mean by puke is another stop run people getting stopped out here And we're looking for the behavior of buyers to come in and now they are Okay, so now I really want to see it move up into our not only our o3 but our o5 And then maybe we can climb back up into o8 here. Okay, so We want to see buyers back up above where this just broke down through There's our stop run. There's our capitulation Okay, now do we get buyers in here so far so good And still looking for them to climb higher here o5 Okay, now we can also look at this in terms of like uh A potentially like a let's suppose that dear volume profile trader. Well, here's your profile Okay, where's your high volume node? Well, there's a couple in here Uh around this kind of o7 and then our o8 uh area up here So you can look for a retracement back to those levels Okay, now you would only look for that retracement back to those levels if the order flow Supports that idea Okay, and so far so good. So there's our o5 o5 just transacted Okay, now look at this guy up here Uh, this one big player up here our large lot tracker shows that and uh, he's holding about 200 contracts here There's 400 though up here at this level looking for these buyers to take them on Okay, I want to see them trade into and through this guy here at o5 and and a half and so far No, no luck Everyone's shying away here. Look at the aggressors in here. See other they're shying away from trading up to this guy so far Yeah, let's see if we get it in here though Okay, we got to see up around o4. We need to see these these uh green dots here There we go. All right, so let's see them try to take on o5 and a half Now see he pulled see he pulled that liquidity. So looking for o6 and a half now That would be the next level of liquidity and still can't still can't get there Getting a hard sell off right back down Okay, let's see if they stayed in the book. Yeah, they are Yeah, look at the order book here A little bit of a spoof there, but it found some buyers Let's see it go again here. All right. Let's let's take a step back here Let's uh jump in and take a look at our bigger picture Again, still I'm looking for this mean reversion trade um Back up into these levels here And the swing here at o8 they're staying in the book here Okay, and they they traded Look at that. Okay. So now the question is do we get our buyers back up above if we do Look for the swing and then look for the next level of liquidity and see buyers at o2 and a half. Let's see it Here we go. All right. Let's see them take it to o4 maybe o5 or o6 here Here we go a little more a little more auctioning See how if we start to understand if it can auction up here and it can come back an auction here again And find buyers will likely get a bit bit of a push Higher Okay, now if the exhausts out up here and it comes back and exhausts out again We're not looking for that push. Okay. Well, we got up to o4 and that was it So thanks for taking part uh in our poll here Which was the following uh was tesla stock price Back on the 22nd. All right. Well, uh Yeah, okay. It doesn't doesn't seem like we can uh quite get up there And we're making lower highs and lower lows in here. So we're starting to understand this context again in here Right. So we were looking for that potential mean reversion trade after a big stop run and finding buyers And well if we can't Uh, and we start to see More sellers in here and and again context in here That maybe we exhaust out up here We're not finding buyers Then we'd look for this kind of move lower here Uh, but let's let's take a step back though and look at our bigger picture And see what's going on. Okay. So here's our move Here's our now. What was it green candles now a red candle on our hourly as you can see Uh, and we went below the cash open here Okay exploring that area uh below here And that's that's our stop run in here Those big stop runs in in this area again Visualizing what's happening actually happening down here Okay, we know that there's a stop run in here lots of them. Okay, let's zoom out and we can see it here Okay, stop runs to the upside stop runs to the downside bid looks strong We can see it. Uh support here, uh 4000. All right, let's see it. Let's see if we still might get our buyers up here Still still might get them It's actually looking pretty decent here to come back up to this 06 See the buyers coming in It's kind of a tough call. I mean this has been a really strong move to the downside But strong buying here strong selling here Buying here selling here buying here again Let's uh, let's get some additional insight here from our market pulse tool I'm going to open a few more markets in here And then we can look at that also our trader map pro Let's just look at this one here. Uh, this is showing 100 Or greater here in the order book. So they're up here at 06. There's a hundred lot So that's a nice target here this 06 Uh for these buyers to trade into And they're down here. It's pretty narrow range for a hundred lots. Um, They're down here around 4,000 or underneath 4,000 All right, so, uh, yeah, it looks looks pretty good here on the on this trader map pro on the 100 lot It looks like it wants to trade into these guys up here at 06 Uh, what about they can look at maybe 10 lots in here? Oh, we see something similar They're up here at uh 06 05 and three quarters Now see this guy just pulled that away though So this is a really interesting behavior of these see the larger player up here This this is the the offer here of of a hundred lots or greater Uh, and uh, you can see what he did He uh, you know was providing liquidity down here at this kind of 06 area and then he just pulled it away And he added it back up to here way up here around 45 And just basically just you know Took his orders out of the market. Basically. I mean, they're still in there. They're just way up here now And interesting. Okay, this guy traded down here at 90 90 uh 99 and a half Interesting. Okay. I like it. All right. So now I'm really curious actually, uh, let's see if we can get buyers in here Or do we just see more selling now? This is getting interesting here. See this guy came back in again here Dropped his liquidity down now. He wants to be a seller here And buyers are taking him on He's he's getting what he wants Okay, we can add in our Uh market pulse we can look at uh, I got the uh nasdaq The es and then also have the nasdaq And uh, let's put the russell and the ym in here as well And we put our 6e in Okay, and once we have them in now we can put in the market pulse for those products here And here And here Okay All right, let's see Let's see. We'll see what we get or what we hear Okay, so i'm selling on euro And high liquidity here Okay, and they trade they just traded Okay, and the euro is selling All right, so now due to these two combinations here euro dollar selling off Okay, and uh, and this guy got filled in here in the trader map pro with his 100 lot here And he pulled it back up Okay, well, I'd be looking for sellers. Uh, it's got to be below the figure though Or maybe you might be able to if you see it in here and you don't see this uh Potentially in here. Okay, we can even look for a kind of a mean reversion back down to 99 right here As a possible trade But we got is we have to see a lack of buying up here and we're not seeing that right now We're seeing buyers so they continue to lift it higher here We'd look for some exhaustion and sellers to come in Then if we do get that we'd be we could look for a move back down to 4000 here So here we go. So look at 457 orders just came in the order book right there Okay, and they transacted look at that. We found some buyers Uh trade into them Okay, now that there here's our context though. Did we trade above it? No Not yet So if we see sellers come back in at 02 and a half here looking for the move back down to the figure Let's see Yeah, let's see it sellers euro Co-operating looking for a move back down to this 4000 interesting Both going back and forth in a zero dollar right now Still finding some buyers here Viper, um, yeah the um On the trader map pro, uh, are they are they market makers? They they could be um Uh, I think they're just larger players Look at this. I mean, this is really interesting stuff in here now You know, we're not we're Trying to gain gain some insight here by this context And trying to put the pieces together and we're getting kind of conflicted information in here because uh Euro was buying then sell was selling then buying And uh, we're we see the you the es is up higher and then we see very high liquidity up here At our 05 here And some some buying coming in here And still more buying Okay, now nothing significant. We're not hearing it yet Okay, we're hearing it in the russell Okay, and the es Uh, I don't have the dollar index up Jay from you because uh That's on the ice exchange. So I'm looking at euro dollar instead Yeah, I don't like it. I mean this is telling us all sorts of different things going on in here right now Uh, and it's it's conflicting. So we don't have any sort of like kind of pure direction in here in the order flow Which is fine. It's good to know. All right. So do nothing We're not looking we're looking when these all all of these kind of align in here. We can get very very powerful moves Let's look at our 10 lot here in the trader map pro And let's look at our regular es chart here. I mean our es chart is looking like a boy, you know It's possible here like after that big sell-off. Um This this is this turns into an order flow reversal pattern here Uh shoulder head and then uh, maybe looking for another shoulder down here But look look at the buyers though. That's what we want to look at Okay sellers versus buyers lots of selling on the way down Are they getting filled? Yeah Here's our stop run that we saw in this move lower here and then look at the buyers back up above these areas here Okay, now are they getting filled? Yeah, they they are getting filled up here, right? We saw that in the trader map pro Okay, so again understanding this context in here Now if they trade into these guys up here And through them at 05. This is looking pretty bullish And I would I would look for all of these indexes at that point to start going on on the bid Oh, you have it on okay, but you're you're connected to the um Inter intercontinental exchange right j from you No, you have it on trading view. Okay. Yeah. Yeah Yeah, well, I mean that's what is traded and you'd you'd need a uh connection to it Uh here in book map. There we go. All right. So we did find buyers. Look at this Okay, now do we still find buyers a backup above it? That's really the key because here's the the transition or Buyers met sellers here. We know that it's the context after that And they met sellers up here too Okay, so actually due to this and this I'd be looking for Sellers to try to drop it to o2 here Okay, because they got filled here. They got filled here and the market did not go above it So I'm looking for o2 And then let's see then if it can trade Uh, not only into o2, but like through it here on more selling pressure and then maybe back down into You know 98 eight or so Okay, and now we're looking at that scenario due to this And this and then also some of this in here All right, so then here Here's a pullback now. We're looking for sellers here Right in here Okay, and then I think they can trade not only into o2. They can trade through it But look at the aggressors in here right now. Do we see red dots? No, we don't All right, so nothing to do You know, it's it's the the aggressors here that can move price In fact, we're right back up here And there's still more buying pressure Okay, actually this is looking pretty good then actually our our read in here Is changed if there's buying pressure here Okay, that's our read Do we see do we see the uh more buying in here? Not not really Not yet, but they did pull that liquidity out o6 Okay, now if we have the all the markets here start to buy here But that that that'll look pretty good That that'll look pretty good for this to be a reversal pattern at that point And then not only a move back to like uh Oh eight, but maybe a lot higher Well, the buyers would be in a losing position down here Um because uh, we know that the the transition Took place at these little rectangles in here Okay question is is there still more buying pressure? Okay, and and there there is here the the nasdaq's starting to buy it's on the bid Okay, the es no The ym no the russell no not yet And 60 is quiet Mini dow as well quiet. Yeah, look at that on the es still finding buyers Now real real careful here like Yeah, it's a breakout Um But uh, I don't see the other markets following suit here I think you know what what's so great about this this tool here with the um, well both the trader map pro Together, I really like it together with the market pulse is that We can it also filters out like really horrible trades If we're looking for something very specific when when everything starts to align and we should hear it here Uh in market pulse And like right now see see how that they pulled that this is a bit of a spoof here Pull that liquidity. Let's see if we get our buyers here Right now just euro euro selling that's not good. That's not what we want I'm gonna see we want to see euro buying Okay, see russell selling Nasdaq buying though. Look at this. I mean we're just look at the conflict in here It's like no way I'm staying away Oh, yeah, um j for men. Let me show you this the way it works Uh in the in the settings just right click on the market pulse. It opens up the settings here Uh buyers and sellers sounds are down here Okay, the p means positive the n neat means negative here. So you can see you know Uh this right now it says like the sound is the space Uh, you can click on it though and you hear there's different sounds in here dice blip drums magnet You know, whatever there's a bunch All right But see how this this really helps us filter. It's like we weren't but we were not buying that Um, it heck it might have gone up to 10, you know, we're almost back to eight um But we just didn't see others following suit and and our euro dollar um usually um Gives a little bit of insight Before all the rest of them And that's what I've noticed Okay, ym selling off their others are almost there But yeah, not they're still not aligned in here And see look at they pull they pull again here Again like a like a spoof up here. I don't know about you guys, but this behavior is back Uh years ago. It was all over the place. It looks like it's pretty pretty back in the market here Well, let's see what nasdaq looks like with the spoof Yeah, look at them sell off here ym Russell nasaq should I would look for nasaq trading this 100 here 12 100 And uh through it here. There we go. There it is Nice move there Okay, next level is at 85 down here. It looks like On nasdaq then 80 Yikes, that's gonna be a big stop run here. It is Yeah And also a lot of uh, uh iceberg selling in there too a lot 1,000 1,000 lot or so I mean note how I mean we did start to hear it and notice it here Uh, and in the nasdaq and there was enough time to get in on something like that Uh, we were surprised or I was surprised that went not only into it and that it went through it like this And now we're down to almost 85 Um, so, uh, yeah, let's see if we can get down to 80 as well. Uh, it's kind of a nice little area right in here But uh, you know, you'll be able to hear it and kind of see it happen Just before it unfolds and then, you know, someone comes in here and dumps Uh, and then triggers a bunch of stops along the way here Uh, and here here it is Right, so this is a larger player Uh, and uh, clearly like this the stop run doesn't really quite happen until a little bit later Uh, we can verify that we can, uh Put this on the chart here But it looks like the stop runs started to trigger. Yeah a little bit later here Now I know it's more than 82 Okay, you're with all our selling off again I want to look at the stops All right, so it's only 82 stops really Yeah, all right, so well that that's that's significant. Um, this is a larger player, uh, clearly All right, so we know that move Even what's an iceberg selling Uh, it's a it's like a limit sell order, uh, but they're hidden from the order book Okay, they're using a hidden order Uh, called an iceberg Which means only the tip of the of that order is sent to the market in in the order book So there might be a thousand thousands of lots up here Uh, but you only see like 10 or something like that Uh, the new multi bracket. I I'm not able to demo it today Rob, uh, it's pretty straightforward, but um, let me show it to you guys. This it's really cool. Um It is here on our knowledge base if you go to bookmap.com Okay, and then go to More knowledge base add-ons Okay, and then you scroll down here And multi brackets here. Okay, so what you can do now is is you can set your, um uh Your limit buys and sells in here, uh to, um, uh scale in and out of a position Okay, it's been this has been requested for a long long time Uh, so we we just uh just released it. Okay, so you can scale in like, um Well, whatever you like really you can add as many as you like in there Um, most traders are going to probably want two or three So meaning if you're like a two lot trader you get out half and then you get a runner and you try to let it run You can do that now With one entry. All right, let me get back to some questions in here What is the connection john between uh euro dollar and the futures? Um Yeah, so we we covered this uh a few weeks ago. Um It's a very very, uh simple, um connection that uh in this kind especially in this environment with the uh interest rates And any any kind of data that's related to, um Uh inflation, uh is is going to impact, um, basically everything, uh, but you know the the stock markets, uh for sure so the Environment we're in right now is good data Like uh is actually bad for the market. Uh, we see this a lot, uh, but uh Basically If the the correlation is is this if, um You get, uh Really good like employment numbers like we did a few weeks ago. Um Well, that's great full employment. That's great, but we're in an inflation period and the and the fed is trying to get control over inflation So what does that mean? Well, it means that and and we had the fomc just a few days before that and they only raised rates by by a quarter percent um, so What that means in in this environment is like well, that wasn't enough by the fed. They're going to have to raise rates higher So if they're going to raise rates higher, that means money's going to be more expensive Companies aren't going to be investing more. They're actually going to be cutting back They will actually start, um Not hiring people. So we'll have less employment And uh, you know, your earnings are going to be less All right, so people are going to pull their money from the stock market Uh, they're going to put it into safer havens. They're going to put it into interest rate products. They're going to put it into um, uh the dollar Okay, so, um, it's just a kind of um, you know These are very simple correlations but the the dollar and uh Uh, the cost of that dollar, uh is really really important Yeah, you're welcome Okay, Russell's people are buying the Russell there a little bit Yeah, Jay from Emma So a trade a trader from friend from um, mit said told you many years ago that rates go up equities go down Well, that that's the relationship we just talked about. Um, uh, it's very very simple you know And people are going to put their money into interest rate products like treasuries or Notes or bonds or whatever Right, they're going to get more bang for their buck more return And that's exactly why the euro dollar You know, you see dollar strength because people are going to invest in the dollar Right, they're going to get more money from their dollar now. Uh, they're going to get paid out more interest Compared to the euro Okay, and the dollar index is a basket. So that would be across like 60 percent is the euro dollar, then I don't know what what it is the swissies in there and the pound is in there Uh, and then, you know, a bunch of other currencies at a lesser degree The yen, of course Yeah It's weird. I mean the weird correlations unfold all the time depends on the environment This has really been not a pretty, uh, uh lackluster, um, uh, webinar here Uh, we was kind of interesting in the beginning and then, uh, uh, we saw the big big sell-off here Okay, and then looking for that stop run and looking for a bounce um my mistake on that one, uh, the, uh, uh, just by reading the uh, the liquidity getting filled in here I that that's that's what I wanted to demo was that context is like just to see a bounce when we hit that liquidity level Uh, what's the context afterwards? And then looking for maybe a retracement back up, right? That's how we started the webinar off Was this move up we're looking for the retracement back and then that actually kind of turned into the, um It's not it's like a triple top up here basically, uh, and then sellers came in and just move this market sharply lower here Okay, whereas earlier it was like, well, we wanted to see it kind of come up into these wicks a little bit further here on the bigger picture Uh, and uh, nope instead we went right back down into the bottom or uh, where it opened and a little bit below here Okay, still kind of hanging around the figure down here Uh in the es but look at the bid the bid is strong again Okay, see how they're bidding up in front of this previous area here Here they're bidding Then they're starting to bid up higher here. That's bullish Okay, now all we're looking for is that context again What's the reaction? Do we get buyers? This is it's kind of muted Now now see they pulled A lot of that liquidity, okay, so that means that they don't really want to be a buyer here Now we can look for sellers try to trade into this liquidity down here at 94 All right guys, well, uh, let us see if you if you like this, um, uh Webinar, please hit the like button. There we go. There's a quick move Again, really quick moves here larger players are just dumping Look at this the stop run happens way at the bottom here Right, all of this in here is not a stop run. Here's our stop run here 144 contracts Okay, so this is a larger player activity in here and they're just dumping. They're just selling hard Okay, and it moves the market very very quickly Uh, and then any stops that are within this whole area in here Are then filled at the very very bottom here and it's 144 And that's how stop. That's how you get slipped Uh in the in the market with your, uh stops like you could have your stop up here and you're gonna get filled down here And that's just how it works yeah All right guys, well, uh, yeah, let's wrap it up. We'll we'll call it a day. Um, and we've got a really nice lineup The rest of the day here Uh, tom b is next, uh going over volume profile Followed with options with dug here. Let me show you on our youtube channel All right, so, uh, yeah tom b is next options with dug after that and then, uh On our discord channel at 230 We'll begin with, um Uh, the algal boys. Okay, they go from 230 to to four Okay, so you might want to come and check out that one as well We've got really good stuff all day long So, uh, yep happy to offer that to you guys, uh, and hopefully, uh, get to see some, uh, a good market action in here Yeah, okay. Well, thanks everybody. Let's uh, we'll call it a day and We will catch up with you tomorrow. Okay. Yep. Thanks for coming