 All right, good morning YouTube land. Could you hear me? I just confirmed someone else can hear me I heard it on my YouTube, but just let me know you guys got me Please somebody Agents All right, good morning, welcome to euphoria land Where markets never go down So somebody's betting that this market's gonna stop here You know, this is an area to mark on your charts going forward You know a lot of times when these so you see the cell ice coming in, right? So I'm not gonna get into the basics of this stuff But the icebergs are basically hidden orders in the order book until they're traded into they just have to Flesh a certain percentage and I think it's 10% in the order book and then once that's filled the rest of it populates and activates term you want to use but You can see here as this market made highs here 280 cell ice and yet another this was a double whammy where you had dumb money pukes hold here in a second You had the dumb money puke into the waiting ends of the cell ice another 564 here Then another 334 another 407 so another 700 I could buy in these two zones. So the bottom line is You know, this may not materialize right now I'm hoping it does so I can I want to short this if this occurs because My filter for shorts will go over this stuff, but Elbow guy is just pulled bearish So that's good for some of my trading strategies, which we'll get into but overall This is an area that you want to mark on your chart So, you know, you're you're staring at a bar chart like 99% of traders that don't have this information for book map The the information you're looking at this and it just looks like a regular You know, it just looks like a bar. Well, you know, what's inside that bar right bunch of cell ice So this market does this and then a couple days later comes back You can know they oh, yeah that somebody was a big entity was selling up here type of thing, right? Yeah, I mean you could tell by the chart that someone was selling here But not even balance areas not all balance areas are created equal So we saw we'll get into this more in the thesis stuff But we saw the other day in the trade room. We were on the webinar and We'll get in here when everything else, but this balance area looks like pretty benign, right? It just looks like a small balance area on top of balance But there was a lot of stuff that was going on in here Into the clothes there was like 9,000 by ice and then another the next day like I think there was 10,000 by ice but we also saw some other Divergences like hero on this particular day was we get killed We'll get a name what hero is and everything else, but And the yes was just spinning in place. So it's like the others were unloading futures and somebody was absorbing them And then there was another I can't remember what the other factor was But yeah, we talked about my thesis. I even went long yesterday in this zone expecting this move and it happened right so point is Most traders don't have this information to know this stuff and you do and you can catch those types of moves We'll get into that more as we go. So anyway, I have Weird by stops in the middle of nowhere, but pretty much instill in this zone. So I have specific rules Guys, you got to remember on these book map webinars. There's a lot of new traders Most weeks so I go over basics a lot more So if I'm redundant apologies, but that's I got to do that so people know what I'm talking about, right? So These well, this is the zone drawing tool that is now available That you can get so I used to draw these by hands anyone under watched any of my webinars and for less seven years It's endured me drawing these by hand now these draw automatically Whatever populates in the sub chart draws automatically You can combine them like I did here so on and so forth. So anyway, it's just it's a godsend Where I'm not spending half my life drawing zones and putting in putting spreadsheet values So I still use the spreadsheet. So this is You know the spreadsheet You can get access to all this here if you want this spreadsheet. This is my other site Skaplesonny trader.org Here's a spreadsheet. Here's the inflection zones and how you can get them combined We'll talk about these as well But I still use a spreadsheet, but the whole idea the zone drawing tool and this is a zone drawing tool Pro, so let me just go over this real quick. So if you go to the bookmap marketplace, this is the basic one right now The pro will be available for purchase here soon, but if you get the basic I will send you access to the pro So you just go to bookmap marketplace good indicators and it's down Right there. So this is the basic version Why this is showing zero? It's kind of strange I think it's $59 bucks a month, but anyway, you get the basics where it draws the zone and shows you the ATR and the sub chart But if you get it, I'll give you access to the pro and the pro is showing you basically everything that's in this spreadsheet Like right on the chart, right? So I'll enter this zone in to just show you how it's similar. That was the same stuff But it's showing you, you know, I am put the zone prices into the spreadsheet Then it's showing me how much I can trade position-wise based on my risk, right? So I'm risking these are they the apex accounts the 5,000 I'm risking 10% That's way too much if you're trading your own real money. You want to be risking about two to three percent I'm more aggressive with these apex accounts because I have them per strategy But anyway, that is showing me how much I can trade based on the zone size and the ATR Which the ATR is average to range it's basically just showing you the current volatility and again if you're getting lost here It's you'll you'll understand as we get into this webinar. It's not none of this is rocket science It's just you just need to know what you're looking at here. Anyway The zone drawing and then shows you position and then these other lines up here are actually the reversion trade So I have two types of trades that I do and you know I tell my room all the time and you guys all the time and the book map webinars You have to decide what type of trader you are right if you are I have I've Conditioned myself to become a position trader more so because you know I've made millions of dollars scalping and that disappeared right so I that was a long time ago and You know it disappeared in like 2006 2005 2006 and I tried to reinvent my style and you know, I just was never Lead trader like I was when I was scalping the point is I've had you know, I am I am mentally built to be a scalper But you know in my opinion You cannot scalp these days based on order book We'll go over some scalping and so first of all the reversion trade is more of a scalp trade That's where I'm getting getting at but We'll get into that But you know, I get emails a lot of time about scalping off of the dome This is not it's not possible in my opinion again If I made millions and millions and millions of dollars trading off the dome if it was possible Why the hell wouldn't I still be doing it right? So not to say you that I'm you know The best ever but I was one of the best in the world at one time, right? So if I'm not doing it, it should tell you something about trying to make money trying to make a living watching these fleeting orders on the damn That's the dome depth the market. That's what don't stand for right there is ways that you can scalp Based on the market pulse algo add on here. We'll get into that but What I was getting at you have to decide what type of trader you are first and foremost What's your what you built to do because this is all grand to show you these trading strategies, right? So these are all my trading strategies and for different scenarios in different areas that I deem important where I look for an Area that I think is important and then I wait for a real-time volume event aka these zones being drawn, right? but You know if you don't have the mental aptitude to sit here and watch trades go back and forth back and forth back and forth and You know it starts going in your favor and you want to get out right away Because you see your P and I'll take enough and you have to decide what trader you are again I've conditioned myself to be a longer-term trader and longer term I'm just I'm talking minutes instead of seconds, right? But it's not easy and that's why trading is not easy because it goes against everything In human nature, right? So everything you do in trading is basically opposite that what you do in the real world is the bottom line, right? Like watching, you know, if you're if you're trading you're watching your car payment or your your your mortgage Make it and lose it every every ten seconds type of thing, right? Like that just doesn't happen in the real world So that's why trading is so difficult anyway What I'm getting at is two different types of trades here We're doing these are the position trading strategies I just showed you and then there is a ATR trading strategy. That's part of that beta pro That you can see on the chart here, right? So you can see these these other lines here So I'll just quickly go over what these lines are. So everyone is up to speed so This is all occurring in this same area by the way, I'm just gonna combine this is all one This all happened here. I normally wouldn't combine this stuff with that stuff, right? And this looks actually small this bias that's coming in here compared to what happened over here but This is all in the same area and what we're looking for with these volume events is basically trap traders, right? So when this came up here earlier buyers are being really aggressive. They ran into Huge sell ice, right? So the sell ice is Invested here the buyers are invested here when it moves out of here. Somebody's gonna be wrong. That's what we take advantage of It's very very simplistic, but it's the Again, that's simpler you can make your trading the better you're gonna do and this is what drives markets, right? It's not squiggling the lines on a chart. I know there's a lot of lines in this chart But you know you got whatever you guys are using to trade MacD bones your bands whatever you think works that's great, but They're not gonna work just because they're on the chart They're gonna work because there's actually activity in these areas that somebody's trying to you know play it as supporters No resistance and somebody meaning the big money, you know and or retail traders usually you want to fade but Anyway, this is the area. That's really important right now. So we have methods Rules for trading this area depending on how it moves away from this area. So these first lines These this is the ATR line, right? So if this moves and this is how I'm determined after watching millions of these things over the last seven years The best way to figure out is this market in a bullish state or bearer state based on the real-time volume coming in So if this is a this markets able to hold here and touch this ATR line the blue line It's the same line down here. You can't really see it actually to ATR lines Yes is Right now, but any or quickly these lines This is gonna determine whether this is a bullish set up or a bearer set up if it touches the blue line And that's the same value I Didn't put this in here, but let's just Let me let me combine these zones first and so it won't be confusing So this is the most recent event here. I'm just gonna do this like this and played this zone It's pretty close to that zone. So I'm gonna combine these stops like this. So this is obviously adjustable These zone drawing here with this ice So move that up. So the most current event here is 6175 is the top of the zone to 4575 is the bottom right? So let's just plug this in quickly. I think the ATR is pretty accurate right now But if the ATR is off on the zone drawing tool You have to manually enter in these zones to get the correct entries exits everything else. So 1866 1.75 You're in the second and then the bottom of the zone is 18645 75 These prices are not just not registering in my head. How ridiculously high this market is but 22.13 is your current ATR very important. That's telling me the current volatility. What is that? Average your range for the last five minutes. That's what I use. I use a five minute a Wilders ATR. It's the thinkorswim default ATR right there 14 period of wilders, right? So it's basically just showing the last 14 bars how volatile the market is So this is telling me this market is rotating about 22 points every five minutes Very important information right what drives the markets our volatility and volume period end of story Not a line on a chart volatility and volume is what drives markets So I might put that in Right so what I was showing you the ATR so that's would be the validation price Right so this is showing for this to become a long setup that just occurred that buy ice in the stop runs 18684 would validate This is as a long setup and you could see so the ATR is off a little bit here It's showing 23.71. This is what I'm talking about. So you got to make sure this is why this is in beta We'll get this you on you on as a developer who made this drawing tool He'll get this squared away and get this accurate, right? So you can see this is showing 23.34 It's only 20 22.13 On thinkorswim so these values are going to be a little off, but the point is If this touches this and this is a bullish setup And I will trade accordingly to the upside potentially and if it touches this then it's a bearish set up That's how I've determined how to judge this these volume events that come in when the market's able to push an ATR away From those areas that is giving you the sign that that is the direction you want to be Focusing on right So again, it's not just my you know, I'm just throwing rules out there I it's from watching so many of these and then understanding ATR and volatility and everything else that determines which way I'm going to trade these so Like I said right now, I'll go guys. So this is one of my filters for these two straight The main the most active trading strategies are the bark and And the lick right so these all these trading strategies are more all in except for the bark and lick are Looking for important areas My important areas and we'll get into these the lug width levels inflection zones Profile market profile composite Highs and lows so those are important areas. So I'm eyeballing these areas right waiting So this is what I'm kind of talking about here All right, so say I know I'm watching sitting here watching this market come back This is gold by the way, which I want to get over to because I want to trade Definitely on the long side based on just capped up huge overnight Anyway, so say I know these areas are important, which they're very very important, right? The highs and lows are composite value areas. We'll get into this to potentially You know about merging these but these are days that are merged in the value area value areas 74 70% of the trade occurred in a day and or days combined very very powerful tops and bottoms and the points of controls You can see this point in point of control led to that move So my main trade are the tops and the bottoms so say I'm watching this top of this market profile composite It comes down here. I already know that's an important area. Do I just buy there? Blindly no, I need a volume event and then I need a volume event to be bullish But then I get along see what I'm saying. So this is a perfect example Very very important area. This is a multi-day market profile composite area The markets true, you know, obviously bullish. You can see this huge gap up right Look at this gap up overnight and this was looking like it should die yesterday And it didn't and then it kind of then we put in that selling tail And I still thought I was gonna die and then it just gaps up through everything overnight But anyway, so if you're looking at this market and you see this gap You're like, oh my god. Yeah, this is you know Break out of all this balance. This thing is gonna rip How many traders just blindly because they don't have the most important information the real-time buy-in Bought right here when it came down there, right? So I this is an area. I look at to did I buy there? No, why because there was not a real-time buy-in event at an important area for me to go long So I avoided a loss there. How many traders bought that thinking? Oh, it's gonna bounce off there. It just got killed, right? So this is what this looks like So on that move back down. There were no volume events to go long So once again, this is the most important component of markets. What's trading right now? So I avoided a loss there just blindly buying the market profile deposit The point is this could this could be I gotta get over in queue. This could be any area You're looking at it doesn't mean anything in my humble opinion, and I'm not that humble Unless you get a real-time volume event there Alright, so this is now you can you can hear this is the great thing about this about the zone this Scott zones the Bookmap add-on and the pro version I could be doing something else and I have no idea that this is validated long and it Posted it and then it reads it off for me. So I just heard that's why I came over here So now this is a long setup Now I can take potentially barks and licks to the long side Just make sure this is so what I was getting at this is my filter for barks and licks So you can see this try and this is this is we talk about thesis we'll get in the thesis to where you can trade bigger in a Certain direction obviously these markets are bullish. This is kind of telling you something Algoguy pulled to the short side or you get we call it Algoguy because these are algos It's an exponential moving average ribbon, right? So the blue is the short term the red and these are just individual time periods That's what makes the ribbon when the blue blue crosses the red these algos will jump on and Just load up and push it down, right? Well it crossed and obviously these algos were They just fire off when that happens It couldn't go lower and then it crossed back above that's right there It's telling you something that this market may make some more new highs, right? So just one component we talk about all the time You know, I'm a day trader I'll trade both ways But when I get my thesis in the same direction as volume events I can trade bigger, right? So that's one component of the thesis The other things I look at to come up with my thesis are obviously the the structure And there's not really anything here structure wise right we've broken out of a Whopper balance area right what's a balance area? It's just traders placing bets Who's right? Who's wrong here the shorts are not feeling very good And that's what leads to that move. That's What markets are right? So this is just a bigger view of? Volume and time Somebody's right somebody's wrong. It's the exact same thing. We're doing with these volume events. That's real time Shorter-turned stuff somebody's right somebody's wrong. It's the same stuff, right? So anyway this retest confirm I'm gonna take a bark long Because I'll go guys bullish That's this trade here. It's just a blind ATR retest confirm of the volume of it It's all it is so it could be in the middle. It could be anywhere, right? We just talked about looking for certain important areas This is just anywhere these things occur if I get the confirmation the retest confirm I'm in as long as I go guys in that direction, right? So I got that potentially and then I'll get in this reversing trade to and was there liquidity up here. There sure is so the lick lick trade This is my ultimate target Longer-term resting liquidity and it's probably Nasdaq is probably the number one market where the markets will get to that Liquidity usually that day, right? So we saw yesterday on the PM webinar We got in like well I did it while Paul was talking and there was like huge man's liquidity like 150 points higher and the market went right there by the close just because this is the big money guys and the longer It's in here the more they want to get filled, right? Think about it. If something comes out bullish I mean, I don't know what else could be bullish But say they find a cure for cancer and the thing rips right through there Well, they're obviously willing to get to get filled, right? So that means this is not they want to sell here because they think the markets going down I mean that that's potential but the point is They don't care if the market rips through them So these liquidity is a magnet. It's not it's not all look at these sellers up here I want to get short right here. It's like no look at these sellers up here The market's gonna get there why because this is the big money, right? This particular order isn't that big but the point is these these guys Them they run the show, right? So they play as I know all my trading strategies You're based on my personal experience as a large scalper. I used to play this exact game here Talk about it all the time. It was in the ES. I would load up like a thousand here Just pretend this is the ES back when there was thousands lots in the books where you can trade thousand lots and get out If you're wrong so on and so forth But I would get you know, I put I put offers in like here, right? Making more realistic for you and there's been there hasn't been any setups here in the yesterday So I would just load up the order book here like this thousand thousand thousand and then I would start testing the water I buy some right so pretend my orders are up here. This liquidity there is me, right? I buy some and the market would kind of rip up and I like, huh all right. No sellers I buy some more mark a real rip up and then as I got closer to my resting orders a k liquidity This is just showing you this on a heat map. That's all it is Then I would just step on the gas any any bullets I still had left remember I have like 2,000 up here working right 2,000 offers I would just step on the gas with everything I have and then you know, the retail traders would see this activity Oh, man, someone's buying they jump on on my coattails And it would run it right into my offer and I'm out of the trade You know make 20 30 40 grand or whatever it was and I'm out of the trade then everyone else is left holding the bag right so that guys that's what's going on in here so many times, you know, it's You're not back then I can you can spoof and everything else I was I was spoofing you know put spoofing is when you put it in order. You don't have the You don't actually intend it to be filled sometimes. I did right but I so say a perfect example of spoofing So I had the 2,000 up here, right It would get real close and I buy here and then I wouldn't get wouldn't quite get to the orders I would put a thousand lot on the bid to kind of scare the market into my even though I didn't want more on I was trying to without trading it I would try to scare the market because you know, it's just common sense Retail traders see here's a retest by the way They see that big bid come in and they try to front run and then they run it right into the order Right and I didn't really intend for that to get filled. That's what spoofing is back then It was completely legal and I played the game as the rules permitted right nowadays. It's illegal I'm doing air quotes. They're still doing the same game, right? They're just doing it more Covertly whatever the word is But the point is if you understand the game, you're you're ahead of the crowd, right? That's the point and This is showing you the game and all aspects you can see what the big money is doing You can see what the retail trader is doing You can see where the liquidity is what the big money The market is very likely to go so on and so forth. It is the information to have edge and futures market futures trade All right, so here's the So this is just textbook, right So we have a trade remember I was talking about the shorter term trade This was the one atr and you can see this dotted line on the chart So that was the one atr Reversion trade where we play we actually have a trade and this is more of a scalpers mentality where you trade There's a natural gas member just came out Um Just to move back to the zone again This is just from my observation of watching millions of these things that the propensity for these things to come back To the zone is insane and and we actually have a trade for it now So with the zone drying tool you get the one atr you get the two atr you get the three atr That's the data line the dash line is the stop price for that And we're going to have going forward a new version as you always going to have or you just hover over this And it pop you see how you see these lines for them for the atr and the entry lines That's the yellow line. That's for the position trading well for the for the reversion trades You'll just hover over this and don't show you the you can see it down there in the bottom left Right, so if I wanted to get in the short reversion right now The the two the two atr reversion you can see down there. I'd be entering at 1706 Our seven oh, I'm sorry. What was that? 18706 and then my stop is this dash dotted line here And that the stop for the reversion to trade is 36 So that's basically all in this spreadsheet as well, right? It's just showing you on the chart So again, this is this this part of the spreadsheet Right, so the two atr short would be again, it's a little different because the atr has changed you but 17150 I stopped out there the one was there and the one worked perfectly So you'll have access to that in the pro version. So if you again, if you buy the basic I get you can send me an email if you want to write away If not, I usually get a report at the end of the night and I send out an email giving you an instruction for the pro All right, so here's your retest Um Nothing happened has occurred. So I'm waiting. So I'm still not long right because I have specific rules I didn't just get long here where I said, oh, look at that. There's buy This is actually uh, the sixth wonder of the world my sixth setup step rows where you get By buy stops with buy ice. That's inherently very bullish, right? Did you seem to get long? Well, no because I'm waiting for A pattern to occur that happens all the time for me to get in this trade So I need to see the atr which we got I need to see the retest of the zone Which we got then I needed to move back out and that's where I get it Right. So many traders are like, well, I don't want to I don't want to wait. That's that's 25 points away I don't want to get in there. I want to I want to cut my wrist down You can get in wherever you want These are my rules for these zones from watching so many of them if you watch 4.2 million of them And you decide, hey, I just want to enter right in the zone because I'm bullish You'd be my guest do whatever you want. You still have an edge But I've figured out from trading so many of these the best edge is to wait for it to push away from this area because You don't know and so many traders want to do this too. So it does confirm They have a variation where like, okay. Yeah, I got to the atr here. We are back in the zone I want to go along right here Instead of waiting. Well, fine, but then you risk that happening which happens all the time We actually have a trade setup that's coming out. That'll be the seventh one of the world Hot night through butter This isn't the exact components of it But the point is I don't get in trust me. I used to get in here Do you think I like waiting for 30 plus? This is actually 45 points away for the entry I I would prefer to get in right here But I learned my lesson of just jumping in when it comes back and then watching to do that So I want to see this area hold and then I get in right and then not only that I don't put my stop right there. I put my stop. I'll get in here and these are the yellow lines I put my stop all the way. I'm I force this market So I don't get algode and everybody knows what I'm talking about if you trade It's the algos are 90% of the trade near 85 or 90% When nothing's going on I force these markets to push all the way through back the atr through the volume event Another atr and then I say uncle, right? So I'm giving myself room for the games if you want to get in here and You think you can get in here and stop out here and you think you can be successful doing that Good luck. Right because algos are the main game in here And they want traders to do that because they know when big money's not in here, which nothing's going on That's when they start doing this to you. So I avoid that the best I can with my rules And it's literally that simple Um, so anyway, I will if this comes back. I'm going to take a long if this touches this atr line this this whole Area for me the way I trade this is disqualified I can't go long because it touched the atr below gone over that and I can't go short because it touched the atr above You know, it happens sometimes doesn't happen that often where you get both sides and it disqualifies, right? But in this case, I would do nothing on this event and I wait for a new event That's why you want to be watching multiple markets, right? So when trade sucks like in the trade is absolutely sucked in these markets for I mean I got back from I was on vacation last week. That's why there's no webinar But I got back on Tuesday and I put on a long and yes, and it was like the biggest torture treatment It was like a four hour long. It was brutal, right? So the point is when you're getting tortured, you don't have to sit here and stare at the same markets All this stuff you see these drawing and all these different markets, right? It does I don't care what market futures market you're talking about as long as you know the thresholds And you don't even need to know the thresholds anymore Because they're on the drawing tool if you get the drawing tool as long as you You get these mine events The point is I'm watching 20 different futures markets and now I can hear when the stuff fires off, right? It's all on here, too. You see the pop-ups where you get it out here. So like there was just stuff in cl I didn't I didn't even hear this right the point is stop pigeonholing yourself into one or two markets It's all the same stuff if you have the thresholds the same rules if I can go through all these markets And you can see the drawing tools firing off and all of them As long as you have your you know, and this is showing you the risk and how much you can put On so on and so forth. It's awesome. So that's silver There's some bonds starting to get over to any of this earlier, but You had a bond stop and hold here stop run that held starting to come back surprise surprise. That's the atr trade Yeah, let's see I don't think I know there was stuff with copper, right? So it's like you guys are probably rolling your eyes at these products And you're making a mistake because the money is just agreed on these products because there's other the other products, right? And if you know that there you go, this is this is a perfect example I didn't take this trade obviously because I'm been chirping, but There's your atr. I don't know if we've talked about this pattern Re-test of the zone you get in there and then you stops up here, right? This would have been a trade too because I'm pretty sure algo guy is bearish I just didn't like I said, I didn't take this trade. This is definitely a trade to the short side. I could have taken right This is my for the bark in the leg I could still pretty much get in this I really want to monitor a copper trade during this webinar, but And you can see there's liquidity down here too. So you can definitely trade copper. That's what I'm trying to get get at Speaking of which other markets actually let's just quickly see I just want to see some what happened and crew crew's about to be Destroyed in my opinion not destroyed, but my thesis is about to be very bearish here And here we go. So let's just go over this and I'll show you bitcoin yesterday Which I pointed out to the room and it led to like a six thousand dollar move overnight So this market is short-term trouble. We talked about this at length of my room yesterday You have balance. You have a breakout and you can see there's a tons of zones up here based on prior stuff Held held these zones came back and then yesterday. So this in basic market Structure parlance, right comes back if this market's truly bullish it should hold this high volume node At the minimum sometimes it comes back to the top of the the balance area and then rips Last stand as far as short term is this high volume node and you can see it tried Shried it's damned us to hold there and now what's happening It's breaking down out of balance current balance through the high volume node of prior balance. This looks like this is coming back To this stuff, right? It's already at the top of this but I can see because now you got a bunch of Invested traders. We've talked about this at length already today, right now. There's enough energy here That when these longs puke, this is very likely to make a move back to the high volume node of this, right? So My thesis right now is based on what's happening bearish I will still so say it comes down to here when I take along even though I'm bearish sure would I'm a day trader Right if I get my components and my volume events is on so forth But if I get like this setup that just happened we'll look at this if this turns out to be a bearish setup I'm going to trade double size based on my thesis. This is just one thing. I make a thesis off of of the is the bar chart Elbow guys bearish as well This is another example of we just talked about this in aztec Barker tried to pull elbow guy above couldn't hold it gets back below. Bye. Bye, right? So that's bearish that that thesis is bearish Then what else do I look at? Excuse me All right, struggling over here. So what happened when you talk non-stop for 45 minutes um So here's my other This is what else I use To come up with the thesis so This was just a single day. This was a market profile composite You can see how the market respect this is what we're talking about how important these areas are right, so this was yesterday So you can see it got Try to get out of here try to get out couldn't get out got back in covers the whole length of it That's the tendency and then held held held So this is for example, so you say yesterday came down here and I think there were I just had to run out But there if there was a volume of money or there was bullish, I would have taken that trade as a pick trade Right, that's this trading strategy right here. So it's once again. It's looking for an important area And waiting for the volume of it. But anyway that held yesterday And what do you see now? This is breaking down. This is the same view of the of the bar charts I mean it's a different view of the same thing Technically, right? All right. Anyway, that's breaking down out of there. So I will The only caveat here is these are lovely levels, right? And actually I need to post this dan if you're on here Can you because this did not let me post Can you post this? I'll go over this too Could you post this in the youtube channel because it wasn't let me post last time Let me try I'll try right now, but I don't think it's gonna let me That let me know if you guys can see that post if you can click on that document I don't think it's posting because it wouldn't let me post last week. I think dan from bookmap has to do it This is All right, so there for me. There's nothing to do off of this setup. We just talked about this. Why? Because it was initially You got your dumb and dumber Stop run It did confirm as a bullish setup and came back. This is exactly what I was talking about, right? So you're like, yeah, I don't want to Okay, here's your retest. I'm getting it in the zone. You get in the zone and you get killed, right? That's why I would have waited for that. That didn't happen This did this is below this an atr But I can't take this short no matter what happens off of this amount because for me because it disqualified at the upside That's how I trade up if you say I don't care. I got to the atr on the upside. This is proven bearish. I want to go short Be my guest. I just I've seen so many of these. I just this one's disqualified Trust me. There's another one right around the corner This starts moving down especially what we're looking at with all that structure You're gonna get another stop run and then you can follow the rule I'm gonna I can follow the rules. I can trade double size. So bottom lines. There's nothing for me to do here The nasdaq over this stuff too. All right, we finally got a button and he has just fired off right there. I'll come back to that Anyway, so remember I said there's another for me to do now here. Anyway It's confirmed to the upside confirmed to the downside this whole area for me Tradeable is not is off the table. So nothing for me and nasdaq Big deal. There's another setup right around the corner. Let's move to another market. Yes is I think I just heard a yes. Yeah, so it's still coming in. That's why I hasn't drawn yet So you got by ice coming in here. So the first step is to figure out the zone Then you can see all the liquidity above here. I wonder if that's going to get filled today It'll probably get filled while we're on the webinar because that's how these markets work I have a guy's bullish so I can bark some licks to the long side or in play There's your zone Obviously all time highs. I mean this is just insanity. That just keeps going up. There's nothing wrong in the world So I'll just keep buying it There you go. So there's nothing really here As far as potential shorts For me, let's see if we're near a lug with lug with level. I'll go over all those the things that I use I always get questions about what I use in my trading And how much everything costs so the lug lug with levels all the way up here at 34 I mean you could see this ridiculous gap up to so There's nothing for me personally To take shorts off of if this were this event turns out to be a bearish amount I can't go short because there's nothing up here. I don't there's no zone. Some guy was making Mouthwash in my room today actually said this is pretty funny Because we're at all-time highs. So there's no inflection zones I said I'd like to ask for a moment of silence for the Izzy short trades on ES Because there's no Izzy zones up here, right? So there will be eventually but when stuff starts to materialize up here But point is there's nothing for me shorter. So the only thing on the table for me on this volume event potentially our bark and lick lungs So for me, I need to see the ATR Touched I need to see the retest then I will go along Can you go along the first move out of here? You can do whatever you want to do I Demand that pattern because I've seen so many of them and it just it's just a better Confirmation that the area is valid, right? You could say This is good enough for me. This market's it's going to go up another 500 points I'm going I'm going long right when it breaks out of here I'm going to follow your ATR rule your entry rule But I don't need to see that and some days It doesn't retest doesn't happen very often, but sometimes it does I do have another trading strategy that's going to be coming out like if you see You know if you see the market moving up and you see high relative volume and you see The iceberg in that same direction. So this would be a good example, right? So the market's ripping you see buy ice as it moves out of here If there's really high relative volume, you can buy it first move out and not wait for the retest because a lot of times on these trending markets Like we've seen it in gold and many of the big moving gold a couple weeks ago It was the same thing where as it moved up the bias was coming in and they just will not retest the zones, right? That's like on a trending day the component for that is you need to see heavy relative mine Right. So relative volume just means so this is the relative volume I use And you can see this almost got there right now So this is showing me the exact time period Percentage of volume coming in for the last 30 days. So I know at 940 this volume coming in is almost two times normal Right, so that that's when it will turn yellow like this So you can see like on a day like yesterday And this is what led to this move, right? There you go. So this is big money coming in. It's all the same stuff guys, right? That's the line in the sand. What huge volume coming in. I mean, this was like five More than five times. Yeah Just consistently, right? This was during the fence stuff, right the interest rate and then paul So what what do you think's happening here? Well, they're buying it somebody's on the other side of the trade a k sellers responsive sellers passive sellers. They're wrong Let me out Same principles, right? So this is just another way of looking at it But I love this type of relative volume I don't like to think or swim relative volume because it's showing me this relative volume is just showing me the last 60 bars See this this is not the same. This is showing every day. It will show the open as seven to eight times Normal volume this one was six times on my as that means it's it's huge volume. No relatively overnight It's it's basing it on and you can see there was some action overnight That's why this wasn't quite seven or eight times, but I don't care about Overnight trade so it's going back 60 bars. That's not the relative volume. I want to see I want to see Hey, is this is this for this time of day? Is this a lot of volume coming in that gives you a huge clue on what's going on as far as the big money playing So on and so forth. So anyway, this last Bar was close to two to one 170 percent. I'm not going to actually over here I'm not going to do Again, this is a new trade that I will introduce here soon but for me just my My traditional trade here. I'm going to take a bark and a lick if it does that patterns Now we just sit here and wait. I just wait to see what happens off of this volume of that Let's make sure the atr is correct here. So this atr is showing me 4.07 This is showing me 3.92. It's pretty close, but I don't want pretty close I we've seen you guys have seen all these webinars I've done I get filled to the tick and It stopped to the tick it makes a difference because his elbows are set to the current atr a lot of these elbows So this one I'm going to plug in the spreadsheet, right? 53, 20, 50 to 17, 75 So again, you can get this spreadsheet on this site Actually, let's just use this because this is what most people are seeing The lower view so you come in here and you put in current atr just 3.94 at the top of the zone in 53, 20, 50 And the zone and the chart stuff is going to be pretty similar. We'll look at that But it's going to be off a little bit, right? So that's why I'm entering in the spreadsheet 53, 17, 75 And then you got to plug in your count size So I'm using the 5000 apex at 10% to get into that too All right, so these are my values. They should be pretty close on the spreadsheet. I mean on the heatman Um, so my validation price to make this a long setup market needs to touch 24 50 So this that's this price So actually it's right so you can see right here going across the screens So it's close enough that it's giving me the same exact values. There's your atr 24 50 So I've wait for that to confirm this volume event. Then I'd wait for a retest That's this line. That's 10% of an atr. That just tells me that's close enough to this zone Doesn't have to actually touch the zone if it's within 10% So I'd have to wait for that wait for that. So this price is in there too 20 50 Retest very well, it's 21 because the atr is off a little bit. 21 is the retest price I don't know why that would be that much bigger But anyway, and then I would enter at this yellow line. That's where it says long aggressive. That's where I enter 25 25 Entry price. So again, it's off a tick because the atr is off This is the real atr. So this I would be entering at 25 and then my stop goes at 13 quarter So in this particular trade I'm risking almost 12 points To trade it right and you guys I can just feel the eye rolling When I say risking 12 points, I like when I trade the yes I want to risk two points and make five like Great the market doesn't give a flying You know what? What you want to risk and what you want to lose the market cares about volume events and volatility So if I'm going to get in this trade, I'm getting in there and my stop's going all the way down there Right because I then avoid the best I can that which is all that happens in this market 85 90 plus percent of the time right so for me to be wrong. So if this does happen and it's just sitting here doing nothing I'm in there. I'm forcing this to come back to full atr. Get through the volume event push out another atr Then I say I'm wrong right? So yeah, when you put on trades that are 12 points you want to have at least some kind of you know Profit target where you think it's going to move at least 12 points Well, I I know based on the volume event because this is heavy. This is loaded up traders I know based on the atr and so on and so forth the minimum this should move out of here If I'm right is at least 12 points. Then I have areas Okay, this is all you know if I get in the trade I'm not in the trade yet and then I'll watch there's really no areas here except for the lug So if I get in this trade Right, so this is happening right now There's a volume about just sitting in this zone if I get in this trade That's my target. So I'm risking so I'll be in at This is basically just going to be a one-to-one trade, right? I'll be in at Basically 20 what is that 25 quarter or 25 it was and I'd be I'd be pretty much out At the lug at the red lug and we'll get into these what these are in a second So that's actually less than a one-to-one trade, but I'm okay with that, right? So I just I just laugh at traders Again, I don't laugh at traders because it's a valid point, right when you put on trades you want The appropriate risk reward, right? So you're not usually you're not going to make it as a trader if you're putting on trades where you're risking Two to make one right or to make one that overall over long run. You're probably not going to make it Right, but even though I want three on my trades. What does that mean? Okay, so I get in that I get in that say this occurs and I'm like, okay I'm risking 13 points. I got to get 40 points out of this trade For it to be a three-yard trade, right? You're risking 13 to make 40 or 39 whatever 13 times 3, right? Okay, what does that mean that that's just in your mind what you want out of the trade that doesn't mean I don't just sit in trades till I get 3R This would be if I get in this trade based on my risk This is a very important area for me. Does that mean I just ignore this important area because I want 3R And I'm just going to hold it you could I you know over the long run If I if you demand 3R on every or more on every trade that you take and you're willing to Ignore important areas and watch it bounce back and come back 30 points on you Be my guess, right? But I I'm gonna get out of well on the lugs I got out of full trade but say this was like say I got long an event in here Right and it did one of these and it came up to point of control And that was confluent with something else like say VWAP. Well, I'll get out of say I had 10 on I'll get out of three there And then if it comes up to the market profile high composite high I'll get out of another three there, right? I won't get out of my full trade until I hit One of the most important areas and that's the Ludwig levels So my ultimate target is that then I'll get out of the full trade But on the way up up to wherever it's going. I will get out important areas if the market Struggles to get through How do you determine that? Well, there's multiple ways you can determine And again, we have no trades on so it's hard to really judge right now, but I'll just give you some examples here So bookmap now has They have market pulse, right? So market pulse is basically this So this is let's just go over this real quick everything I'm using and then it's easier for you to follow what I'm doing here And then if you have questions throw them in the youtube channel, please All right, so quickly there's nothing going on guys. So we have time to do all this stuff So drawing tool I already went over this to Dan post this in the youtube channel by the way Yeah, you did cool. Thank you again There's a drawing tool get at the market if you get it send me an email If not, I'll see you at the end of the night and I'll send you that the pro beta beta that we've been talking about this entire time Here's my indicator course. So this is the crux of my trading, right? this talks about This goes over These volume events how you trade them how you draw them again You don't even need a drum anymore if you have the drawing tool But this is the add-ons the settings the thresholds, right? There's settings for all these the sweeps the on chart the sub chart everything else Then how to draw the zones if you want to do it manually, right? Then we get into the setups. This is the core of my trading These setups are the volume events and I have distinct Funny memorable names for each of them. They make me laugh. Anyway, so Right, so these are distinct things that happen in the market These are all based on my experience as a large trader and how I would react when I was right when I was wrong And I could see how other big traders were back when they were right when they were wrong back Then you could see counterparty so I could see exactly what everybody was doing whether it was a guy I traded against every day a hundred times a day or a Entity that I've never seen before you can see the house number, right? So my nemesis and you can google this clown 990 and I didn't get into this rant Biggest spoofer manipulator cheater of all time, right? This was the firm. I'm not going to get in the firm. You can look it up That's who I would trade against every day had that right and it would and I could see every time I put a market order in I just look at my back then you'd have a look. I have a low screen It would show me counterparty so I would sell a thousand It would let it would show sell a thousand and over here It would say 990 and I know he took every one of those orders. That's important information, right? It's like playing a poker game. I'm like, okay He just he's just absorbed all those orders then I'd sell another thousand still 990. I'm like, all right now He's long 2000 contracts He better hope this goes up or he's gonna he's making trouble And if I know he was in trouble and I'd see someone coming in behind me and helping me out Like say paper came in and selling then I would just step on the gas and you just see then all of a sudden You wouldn't see 990 anymore That's how I would know he was loaded up and then I would just do my best to push it down And then watch and puke it out. So that was the advantage obviously of counterparty And shockingly they did away with it because the big money didn't want people to see what they were doing, right? But back then you can see it So the point is these setups were based on what I observed as a large scalper in watching large traders trade Right. So these are all the setups. So you learn the setups Then you learn to Incorporate these setups at any area that you deem important These are my areas like I said, right? You can use my areas you come to my trade room You learn I talk about these every day on the July 11 hours or you say hey, those are great But I got my own but I want to learn these setups at your important areas And that's it. And then this is about the ATR The advanced trading of zones when you combine them so on and so forth And this is my smiling face at the end of the video that this is worth the course cost right there Just to be able to see me live or record just kidding Well, let's go back to this sheet real quick. Really good trade by the way today not I already showed you this as if you want the spreadsheet and Izzy zones So here's another thing too. I'll show you this quickly. So these Izzy zones right now If you get them for free So you get the spreadsheet and the Izzy zones for free in my room If you can't get in the room you can still get the stuff from be a subscription. So My room I post these charts every day. These are the Izzy zones, right? So you get in here and you these are important areas So you can sit here and just be an Izzy zone trader And say I only take trades with volume events and inflection zones right there alone You can make a living off of that, right? You got to be very patient, but they're they're non-stop But if you haven't watched multiple markets, right? What was I getting out there? Oh, so you get you get these zones In my room if you If you can't get in there like I said you can get the subscription But what's coming out the incredible developer yoan who's developed the Drawing tool has come up with a way I'll show you this here So a ninja trader. I don't I'm not I don't know the specifics on this yet But this is what it's going to look like right because I keep getting how do we could you could you Import this into a spreadsheet could you import the zone prices into a spreadsheet so I can put them on my book map It just takes me too long I've got to sit there and draw the zones in the morning And then I would have to transfer the zone because it changes zones all the time Actually, I didn't want that to play So the point is I can't do that. This is the next best thing and this is what's coming So I don't know if you're gonna need I don't think you're gonna need an agent trader I'm not sure yet, but he has this set up for Ninja Trader So I if I draw the zones in Ninja Trader and you're gonna see him draw it If I draw the zones in Ninja Trader, it's gonna populate on book maps So you'll be able to see the Izzy zones on book map and this is what it'll look like, right? This is obviously very crude Very new so there's the zones to say that's me drawing the zones And then you have your book map Connected to it and then watch what happens. So you'll see both of these here in a second Right, so there you go. So you won't even need the charts So to speak If and then you could just then here's the zone So now you're watching the market you get a volume of that right there. Oh, that's a short See I'm saying it comes back down here. Oh, that's long. That's an important area. So that's coming But right now Old style old old old school. All right. Well, first of all, let's we might have a trade. I know that's crazy crazy talk here This looks like it's going to be a slug in gold So gold is obviously I mean look at this move back down though. Wow All these lawns feeling pretty good. This is another thesis, right? So we just we've been talking about this entire time these Izzy's on very important zones Especially if this market's truly bullish, this should be at least pausing in these things. This is melting right through These zones. This is probably coming all the way back to here If this gets back just through this This thing is going to get absolutely it should get absolutely destroyed again, just to my opinion, but Based on what's going on. This is not help like what what is this like this thing gaps up That much overnight into coming all the way back But That's fine. Here we go Is this an important area sure is this is a nizzy zone and I think this is a lug Thank you, madam shizzle. She pointed that out. She's in my trade room Awesome. So here we are. So this is ripping through the lug. That's telling you something too So as long as we don't form new lugs here So if this area holds i'm going to take a nizzy long All right there Izzy zone Right and these are the best Izzy's moves straight moves. I know these melted through here But I there was no long setups for me. This is another example guys Great. I how many traders say they have these exact zones. They're like, oh man, this thing gapped up. I can't wait for a pullback I'm going long killed. Oh wait. There we go. I'm going to take this zone kill, right? It's not just the important area. It's waiting for a real-time volume event in that important area I didn't get long in either of these zones because there was no long setup Right, that's the that's the key. I use what's happening real time So they tried to buy this thing here Right buy ice came in how did they do that turn actually turned out to be a broken ice setup and never retested But the point is even the buy ice couldn't hold that market up and I didn't go long Even in my important areas. So here we are with the stop run a k dumb and dumber Right here are the first setup It's a fade trades up. It's just the dumb money puke the retail trader again. Don't be offended. I'm a retail trader too nowadays So here's your puke into important area as long as this doesn't violate to the downside I'm going to take a long off of this setup very scary, right? Like, oh my god. The thing's getting killed. What are you talking about? Well, then this market shouldn't prove bullish Or this zone shouldn't prove bullish if it's if it's going to continue lower and it very well could you can see And you can hear this tick strike. They're still hammering this thing That's great I will I could I take a short off of this absolutely algo guy is clearly bearish I mean nuts bearish. Look at that Right So what's on the table here? I have different trading strategies for what happens at this zone if this holds I'm going to take a long slug It's a stop run into the major lugs. We'll go over the levels in a second And an easy we just looked at the easy zone and those are both aggressive trades I'm taking them first move out. I'm not waiting for the retest Those are my rules for that on the flip side if this proves to be a bearish setup a k It's the atr line. I can take barks and licks to the downside Right, let's see if there's liquidity down here. I'm sure there is there you go. All right, so There's three four different trading strategies that player two on the long side two on the short side I don't know what I'm doing yet. I wait to see my rules to take the trade and you see a liquidity down there So I am watching this closely. I want to get my aggressive orders in in case this thing rips up So the first thing I have to trade our check is Atr is showing at 38.5 Which is pretty large This means it's rotating up close to 40 ticks every five minutes This is showing at 37 3.76. So almost right on so I can use the values on this chart. So if this holds And doesn't tag this line which it may right now But if it doesn't I can take a long at that price and here's my size. I could put on five That's all based on the volatility the size of the zone so on and so forth So I can put on is he long five micros This is showing so guys I got an email about this last night They're like, can you can you find a way to show it as micros versus the regular because this is showing you the regular size Amenity product, right? So this is saying I could put on half of a gold product. You obviously can't the full contract Guys, you just times it times 10, right? So if it's showing 0.5 Times 10 will give you the micro that means I could put on five micros. That's all you got to do We're not going to have a separate thing for micros. Just use your math skills and times a times 10, right? So if this comes out of here, I'm going along five is he's at 21 80 oh one and five slugs at 81 other than that this confirms the downside I'm put on barks and licks the same size and this is my entry down here So we'll see what happens here. I'll give this a second before I put those orders in So that's that and that's how I do it. I'm just looking for important areas Yes here because I know how much you guys love to watch this market All right, this is confirmed as a bearish setup, but I for me for my rules There's nothing as short up here. We're doing over that. There's no Ludwig level. There's no market profile composite Those are usually my aggressive shorts. There's nothing for me because we're in the all-time highs I can't take barks and licks off this either because the elbow guy is bullish. This is my filter Does that mean you have to follow that? No, if you love a short here, you say enough's enough This is broken ice on top of it. This market's moved too far too fast. This is ridiculous The the the big money can't even hold this market. I'm taking the short off of that I don't need elbow guy in my direction. Fine guys. This is what I do So when you come in my room, it is not a room where you are I am I am telling you where to buy and where to sell. I'm showing you where I am buying and selling But that is not the point of the room the point of the room is to teach you how to do it for yourself You are never going to make a living trading if you are following somebody else's direction, right The idea is to come up with these on your own. Yes, you can follow mine. Absolutely. That's the whole point Right. These are what I deem important if but if you don't like these areas that I'm using use your own And you come up with your own trade plan. All right, so we just heard Gc short validated So it touched the ATR line So I didn't even put these in so the bark or the izzy in the slug trade I was going to take aggressively long or off the table now the bark and the lick are On the table. So it's going to tell me When it comes back there. It's not on the screen. It's on another screen But it's going to tell me when it comes back and then I'm going to short gold And yeah, it's scary, right? It's like, wow, this thing's moved so far so fast how far much further going to go I don't care. That's not part of my, you know, I don't I have no idea this thing That's where you can get into big trouble. Well, this has gone far enough I'm buying this thing can go another thousand ticks, right? So if I get a bullish setup or if I get a bearer set up, which I did I'm taking the short with my rules But here's adheres to my rules, which is doing breath. Let's see if you guys get some questions What software? It's record says so you're getting the long and originally 684 the new yellow ATR The yellow the yellow line is not ATR. The yellow line is actually where you would enter the trade Right, so I'm just showing you this that we didn't do anything here And as I haven't done anything yet at all on this live trading webinar with no live trades As this is part of trading, right? When there's nothing there, you don't force trades You can but you're not going to be long very long Be around very long. I should say. Anyway, this is the entry which is just Outside of an ATR, right? This the blue line is the actual ATR. That's how I determine what the setup is Where I went over this a touch that one and that one. This is a no-go for me the way I trade, right? You guys it's not a big deal. There's another one. Trust me. This market starts actually moving You're gonna get another setup What software the yellow buying bars on that was are you talking about the relative volume? That's just zero chart That's their relative volume. That's the one I use. So this stuff And they they have it like I some other training platforms have it too I wouldn't use one that doesn't have it This is tell me the exact time period. That's what I want to see for the last I set mine for 30 days. You could set it for a week and set it for a year, right? So it's told me the last 30 days this bar at 25 or whatever this was was almost three times normal buying very important. What happened there? It's right. So this guy's this is the same concept Obviously, they were buying it here big volume Someone was someone's on the other side of the trade how those buyers work out and you can see yours And this is the same pattern in this in this view, right? There's your line in the sand. That's that Moves away retest fails. What is the retest failure? All retest failure is just Whoever and it's probably gonna happen here and here's your reversion trade by the way I probably could have taken this on the webinar. Here's your one ATR entry play for the zone and here's your stuff But the point is Whoever's long years or say someone I mean, there was there was obviously some buy ice here But say it's buy ice or retail trade or whatever when they Say it's you you say you just started a trading firm They gave you a thousand to buy and you bought them here. How you feeling right here. You feeling really good? You're holding your breath. You're about to puke Say, okay, if this trades on nine, I'm out other than that You're just praying literally to the lord that it comes back and what are you gonna do when it comes back? Because you're like, oh, this shouldn't have done that. What do you do? You get out of the trade. That's that's the idea behind That and it happens non-stop. It's just basic It's so simplistic and that's why it's so valid, right? It's just traders in this area that hold their breath that don't stop out And it comes back and they're like, oh, thank god. I'm out. Why do I know that because that's what I used to do This is me. This was me. I'm in here and I'm like, holy crap. This is not I got my phone ringing my wristband And this is when I was at my trading firm that I got the phone ringing. Hey, man, you're down. You're down 140 grand What are you doing here? I'm like, then I would lose my mind. I'm like, dude, I'm in this trade and you're calling me I under I see what I'm down. I have my P and L right here. I can see what I'm down I'd hang up the phone Right and then it would move a little lower than you call again. It was it was a complete it was It's their job. Don't get me wrong. But the point is I'm panicking I'm about to hit the puke button because I'm down 140 grand or whatever it was And I'm saying, please God, I promise I promise I'll never do this again I'll never hold this trade again. Just come back and comes back and I'm like, oh, and I get out That's the pattern. What do you think this stuff is and it's over and over and over and over And if you just make it simple, you will be such a better trader load it up traders Wrong comes back. Oh, please let me out. There you go It doesn't have to be more complicated than that. I'm telling you the simpler you can make your trading the better you're gonna do It's all based on volume and what's going on real time All right, so we got new looks here. This is actually I think a retest here. Well, surprise surprise. I don't know if you guys have seen this better Here we go Here's your retest Look at that and look at the atr trade remember I talked about the scalping atr trade There's your reversing right there. It just happens non stop Anyway, there's your one atr. Your stop was down there wherever that line was It's the dashed out of line and not even close to a stop way down here Back to the zone. You're up. That is this trade Again, if you like the scalp then focus on the reversing trades I think I put this zone in right So you would have been in long at 39. I think this is correct. It's gonna be off a little bit No, that's not the right zone. Hold on 21 75. Let's just put it in so we can show it on this spreadsheet Oh wait, did I put it in? Sorry 21 75 I wanted to do this anyway because if it comes back and going short and I want to make sure the I think the atr is off in here. So I got to put it in this spreadsheet 21 75.5 top of the zone bottom of the zone 21 74.9 Atr is 3.8. All right. So that one atr was showing at 14 again. It might be a little different because the atr Yeah Pretty close. So this this is showing you what's in this spreadsheet like I said, right? So If you don't have the drawing tool, you just use this you're like, okay I want to get in the one atr my entries at 14 my stops at 68. I'm out at the zone There you go Atr almost to the tick you took about about four to four ticks of heat right back to the zone You're out. But anyway now back to the position trading. This is the reversion trade. You're out And if you're going to do it, you got to do it like an elbow. You don't sit here and say You don't say oh I got that long. I want to see if this can keep going No, if you're going to do the trade, then you do the trade. You're out at the zone, right? And you can do whatever you want the guys in my room would try this right when I introduced It's like I like to hold it to see if it keep going. That's fine. But that's not the trade, right? I mean algos don't change their Trade in the middle of the trade. They're set to do something If you want to trade like an algo and beat the out or if you want to beat the out Would you got a trade like an algo? This is the trade. You're out at the zone. That's actually that line. You're out. Nice little profit done That's like a scalp, right? We'll get in the other scalping stuff too. It's got another 15 20 minutes on here. I'll show you the market pull stuff that I wanted to show you But anyway, this comes back now. I'm going short. There's my entry oh for See if the spreadsheet says the same thing might be off a tick or two That's back to this. These are the position trades. Oh five shows me my contracts. I can round up. I'll put on six That oh five. This is showing me I could put on five because he's not showing you I'm gonna have him do this So rounds too, but Or at least shows another digit. Anyway comes back. I'm going short five five at oh five Bark and lick because there was liquidity down here, right? There you go It's been in here for That's actually not that long, but it was here and it looks like they moved it down. So I'll put on bark and lick at oh five Let me actually set up a trade here. Holy Holy camolia a live trade on a live trading webinar. Who knew? Let's see. I wonder what my number is there one second Six Those are working if it comes back. We may we may actually have a trade on All right back to this Again, there's nothing for me to do on the short side here For me for yes, that guy's still a bit bullish. I'm not doing anything on the short side, but here you go I think this already retest let's say close Real close Right, so that you know if you're in this trade, you're not out yet. You shouldn't be How many how many people in my trade room took this and said, oh, that's close enough amount Well, you're not following the rules, right? You know, yeah, it's a tick That I missed it by but when you add up a tick a hundred times that you're going to probably do that same Nonsense over a year it adds up, right? So if you're going to put it on Here's the one atr. Here's the stop for the one atr. You hold it till it gets back to the zone All right, and then we have variations where you can put on the two and then take the one as it comes back Call that the back door. I'm not going to get into those because I don't take these trades on the webinars because they're very labor intensive Right, but I this is what this pro tool will show you you can you can make that trade if you want to be scalping Speaking of scalping, let's see if you got any questions first All right, Regis is this your content or the book map anywhere I can find it This this is my content content, but you need book map, right? Let's go back to this by the way I never got through this. So guys, this is the stuff I use So you get these disgruntled traders that come in that are idiots in my room that leave and they're like Well, I got out of there because I can't spend all this money for all these things You don't have to spend all this money on on the stuff I'm using You do need book map and you need in the si indicator if you if you want to do what I'm do if you want to follow on with What I'm doing This is the crux of my trading. We've talked about it, right? So yeah, you need book map the si indicator But there's other stuff This is just stuff I use if you think it's important great I go over it every day if you don't great use whatever you want right not telling you have to get any of this Stuff there I mean, you don't even have to get book map, but you're wasting your time in my room is what I'm telling you Yeah, you can learn you can learn structure and everything else, but I mean you're you're missing out So that's you need this stuff. So this is what you need book map the book map mbo bundle You need a rhythmic data feed They're the only and this is all in the bookman marketplace, right? Rhythmic is the only this as far as I know it's been for years I don't understand it But they're the only ones that give you this enhanced data from the CME that shows you the icebergs and the soprans Right Rhythmic you can get you can get it through your broker too. It's cheaper. Why is it showing me zero for everything? I'm not understanding what's going on here. So anyway, if you get this guys If you want to trade multiple products, which I highly recommend I've been saying this whole time So say you just want to trade bonds and grades then you just get the cbot Say you just want to trade es and nazik then you just get to see me If you want to look at them all then you get the bundle because otherwise they cost individually. That's 40 That's another 40. That's another 40 That's another 40. So instead of getting these individually You just hit the CME bundle and then you say 40 bucks, right? And if you're non-pro pro most people are non-pro click non-pro if you're pro it's more than double, right? And then you hit by now Again, you can get this feed from your broker too It's usually a little cheaper. I don't know these days. I haven't checked But if you want to you know all in one place you get it through the bookman marketplace But you got you have to have the data feed or you don't get this information This is apex, right? So any any sale they have and I hate this new website because I think scrolls But when we talk about this early highly recommend if you are practicing if you're new Whatever if you don't have a large account Don't be risking the money you live on you're not going to make it The odds of you making it when you have to pay your rent Or car payment or whatever feed your family and you have to make money trading You have no chance none in my opinion zero when you can't afford to lose you will lose Goes with gambling goes with trading if you can't lose you will lose when you trade You know worry free. That's when you're going to make it. This is a way to do Worry free. I know there's a bunch of these out there nowadays This is the one I put my name around a name behind I've been using these things for my trading accounts for multiple years I've been funding on many of these things They do exactly what they say they're going to do right like again I hate this how they have this now you can do any of these use this code For any discount they have like right now they have 80% off and you know one day I think it takes one day to qualify They do everything they say they're going to do right they even have a So once you get it then you go in here, I know there's always what if they're not real I don't understand what they're doing Guys if they weren't real you're going to know right away and then they also have a discord So if guys are getting screwed over and not getting paid you're going to know right away It's going to be all over social media and you can get in here and you can see if people are if you see 50 people bitch and then they're not getting paid then then I would say watch out But I've had no problems with them for years and years. So the point is If you're learning what don't risk your own money you can learn what the hell you're doing In the thing is you can practice with these things practice not a game practice, right? You can practice with these and again here you go with the scroll thing, but you need to make This is the one these are the ones I use I gotta you gotta make nine grand before you lose five All right, so say you're practicing and you make nine grand. Well, guess what, you know, there's a little bit I think this costs like 59 bucks to do it for the $150,000 count And you make the money and you qualify By practicing well great now you have a live account now now you don't have to risk your own money period See what I'm saying so highly recommended this the wipe on my name behind we go over it every week But remember guys there are new traders on here. So And then what else? Spot gamma we haven't looked at this all day, but we haven't done anything. So very important information This is the hero. This is showing you options flow So the options dealers are a big participant in the futures market So when the options dealer gets loaded up with options, so these were like the The community I don't want to say community but they say the retail trader they're selling options. Well the Options dealers are they have to they're on the other side of the trade. They have to buy the options What do they do? They turn around and sell futures to hedge themselves Very big part of what goes on here every day. Are they the only game in town? No, some days some days they are some days everything this thing does the yes does other days So back to this we were talking about this earlier this day What was it? It was two days ago right Where we're talking about knowing what's going on in here. You look at that looks pretty benign Well, we knew there was some bias in there so on and so forth the setups were bullish, but the other thing was This thing was getting killed it dropped like four billion notionally one billion is a lot It was like three three or four billion. I can't remember the exact amount And he asked just spun in place and I said and we already had the thesis that this was based on the structure stuff I'm like here's balance. This thing's up at the top of balance building balance They're hammering um Oh, I remember what the other thing was so they were hammering SPX options and yes futures were just sitting there. I'm like, well, what does that tell you somebody's So the options these are still they're still unloading in the futures market Well, somebody's absorbing it that's heads up right away for when this thing turns up This thing's gonna rip and that's exactly what happened. And then we saw later in the day I believe it was later in the day or it might have been the same time I think it was later in the day Then we saw the same thing mag 7 it might have been yesterday I can't remember anyway, then we saw mag 7 getting killed Which is that that was the highest weight of socks in the es Or s and p and it was still spinning in place I'm like, this is just telling me this thing's gonna do that and a look at that right So again, just more information and guys you can use all this stuff in conjunction, right? Like you use all this together to come up with a thesis So that was telling me this was going to happen on top of the bullish setups So you can imagine the edge you have when you understand this you understand the volume events how to trade the volume events That's the edge. That's the best edge that I've ever seen and that's all I had chirp about Quickly the other thing you can I only had a couple more minutes here. I gotta run too so Um market pulse, right? So we tell all we've been talking about on this webinar is traded volume, right? Like what's really occurring. We've talked about The liquidity isn't traded by and what we've talked about these volume events and so on and so forth market pulse is basically And I will take credit for market pulse at least the idea because I told book map a couple years ago You need to get something like this. This is just like a gauge This is telling me the speed of the orders coming in on the size for these different products And it goes from 1 to 15. So I still use tix track love tix track But book map is like above and beyond with what they've done with this, right? So I gave them the original idea and they've just run with it. It's incredible, right? So back to the you can scalp with the stuff too, but the ones I use on here. So you go over here And this is just another add-on. I think you get that you get this with the cme Cme bundle as well with that has the si indicator as of right now anyway Anyway, you have these different algos that show you Different things, right? So I use the volume pressure and balance That's showing that's what's showing on this chart. That's showing me the most buying or selling In the last I set mine for an hour, right? The rest of my uses default will go over these very quickly, right? So you can see here. What was this telling you at this time? This was telling me in the last hour. This was the most selling that came in you can see it in the bubbles You can see it in the There were no sweeps, but you can see him hammering What did this tell you when this area when it couldn't go lower? Right there alone is a sign something's up, right? Like they engaged the most sellers last hour and it just said and moved away came back to that area and then did that Right, this is this is like a 10 10 point move an eight point move, right? So You're gonna see how you can use all this together. Oh, what did I just fill on? I just filled on my gold. Hey, we got a trade-on with with three minutes left in the ribbon art All right, so you can see they're hammering gold again. So what did I do here? Took the bark and the lick short very scary If you're looking at a chart, I don't care that I got the pattern. I'm in the trade keep hammering this thing Let's see you go to zero Quickly the areas I will get out as this moves lower. We just talked about this about the art trades and everything else There's There's really nothing here for me to get out. I just entered. This is a little scary here I didn't see this but I got in at that this could bounce right off of here But I'm in this is where I entered so I'm not Getting out right, but if say I got it in here, I would get out of some here But it's in here. So I'm looking at the bottom of this or the point of control. I'll probably get out of some and or Blue lug so we even got to the levels. I'll get into that quickly And or an opposing buying event. That's how I'll get out So I'm holding this to blue lug here or here and I'll get out I'll get out of some at point of control some at this which is pretty I think that's the same price But I'll probably get out of all of them if I can't get through the blue lug because the lugs are the most Second strongest thing I've ever seen in trading That's this down here led with levels Join it. You can get the three day trial. So you saw in the book map webinar special pricing. There you go And there's some reviews There's one jackass on there that got mad that I didn't kiss his ass. So he's tried to blast me Complete clown and I'm not gonna get into that right now. Anyway, um, so short goal So quickly what I was getting at so that's volume pressure and balance So then the other things you can look at so say I'm I'm short. Yes here, right? I don't even know if this is gonna But show me what I want to want to show you but say I get short, right? And say those areas that I was just talking about say this is a market profile composite and I'm like, well Or say it's even a lug and I always got a lug and I'm like, well, should I get out with the lug? Well, then you can look at other market pulse And I got a copy of the yes here So look what this shows me So I have here this is non traded volume. These are this is the price I'll clear this up for you These these algos the market pulse And this is not to confuse you right this I know this is a lot of information, but this stuff all works together Right, so I have on this chart. I have The price change algo and I have the order book Not in balance and balance is showing you the net net net order book pressure. What is that showing me? This is showing me the games. Let's let's do order book pressure quickly first Price change off there. All right, so now this is showing me the games and watch the Dan, I don't know if you have that video The webinar I did with Bruce you can repost that I don't know where is that right now It's when I went over he went over the market pulse. So this is the games that are going on here So what what is this time here? When this comes down here, what is this look? What is this showing it doesn't has nothing to do trade volume has to do with the order book games, right? So this market came down here and you can see As this came down here, they were putting in bids Threshold so this is showing me this is default. This is going this is all this is showing me is the last five minutes Price change in and you just you just open this up. So it's set for default set for five minutes Right there five minutes. So this is showing me this first algo. I'm showing you the order book pressure It's showing me the games that are going on the market comes down here. They put in bids the market responded The market comes back down They not only put in bids They pull offers So think about it, right? If you're looking to buy and you see so like you're like, okay I want to get long down here and all of a sudden the order the offer start disappearing like oh crap I got I got to get in I got to chase this thing up, right? This gives you incredible information itself. So back to say this is the lugwood level And I'm short and I'm watching in an area It could be any area, right? And I'm trying to determine whether I can hold this for a bigger move or this is an area wanting to get out We already know all about that we talked about the the regular volume the actual traded volume Well, you can use this all together. So I know this is an important area Say I see a volume pressure imbalance. They're selling it heavy Then I see and it's not responding like we just saw I just showed you that and then you see on the order book game They're pulling offers and putting in bids That's telling you this market is very likely going to bounce off this area because they're opening the door with the order book So they're beefing up the bids Right And they're pulling offers the market should do that if it doesn't do that That's telling you something too, but this is an area where I would say, okay They tried to sell heavy We just saw that and then they're playing order book games and the market responded, right? So that's that I'll go Look at that. I mean, it's right off of there. This is fleeting guys It's every five minutes they could turn around here, but you can see every time it comes down there They're putting more orders in the order book. It doesn't mean they're filling It just means they're playing that game if this starts to fail Then it's telling you something, right? But now this is like a just this could be a trade in itself Right, you're like, okay. They've done this how many times here if this turns around and gets through here again Then it's probably going to get killed because they can't hold it up with their games It's responding right out of the upside Really important information I would I would say right and then the other algo is the price change algo you can use this Let's get this one off That's this this is not traded value either. This is showing look at this thing I mean it guys when you can see what's going on in these markets You stop beating yourself up many like, oh my god. Hey, this is impossible Now even if you don't trade this, you know what the hell is going on. Look at this price change algo Look at this. So this one came you got to be careful with this though It's not just blindly buying it every time this thing spikes But the point is because when paper comes when the big money does come in which is Probably 10 15 percent of the time the other 85 percent of the time it does that perfectly But this could price change for 30 points and you're like, oh i'm buying that because it's a price change and you get run over So just take it for what it's worth But the point is you can see this thing every time it spikes it rips the other way This one kept coming that tells me the bigger money was in that I think that's that volume pressure and balance area We just looked at bigger money pushed it lower, but then right back to the algoville. Look at that boom boom boom boom boom Do you see now you understand what the hell is driving the markets? So even if you're not trading it you just have peace of mind. So say you're in a Short here or a long or whatever you understand why it feels personal when you're in the trade, right? Take it from me. I've been watching this crap I'm a swore there watching this stuff for 25 years and it still feels personal listening to my webinars I bitch the entire time like like there's a camera in my office. I always joke about that, right? No, it's this stuff. It's not messing with you. It's these algos that are playing off this So if you're in a trade, you're like, oh, yeah, that's just price change. Oh, yeah, that's just price change Oh, yeah, that's pricing So you can see so for instance you say you're short We already saw the games in the order book then you say, hey, that's price change. I'll go that move too far too fast. I'm getting out of some here and I know that's order book games too And I know the volume pressure and balance just fired off. I'm out of three quarters Do you see how you can use everything together as this is it? Like there is no better edge on the planet for futures trading than the SI information and then what they did with market polls You guys are I was telling my room this yesterday You have no idea how far ahead of the crowd that you are when you understand this stuff. It's unbelievable like You know, I want bookmark to grow but I but I'm kind of glad that a lot of traders don't use it Right because they had just even bettered for us. So That's that. I mean if you look at this and you don't see You just don't see like you just not getting it and there's nothing really I can do to make you get it But that's what I see and it's incredible All right guys, I got to go Can you please talk about how you trade post an iceberg detect? Well, that's all we've been talking about I'm not sure so you can get get my course. You can learn it there You guys you don't need my course to come to my room. You can learn it live It's going to take you a lot longer, but I do this every day what I'm doing in here I do every single day most days twice a day lately PM webinars are canceled because there's nothing going on All right, anyway, so we saw the games that are going on here and then you see this game How much information is this showing you? We know they were pulling the thing You know the price change and then you see liquidity. Where do you think this is going? All right, you can have a trade just for that alone. All right, I'm out do this every day in my trade room Here is and I'm short gold and it's just playing yellow games now, right? Sure, this is the price change and this is I'm not panicking if it pushes all the way through here to this This is where my my stopout is onto the next trade trading probability And we didn't even get into trading in the zone rent today And I didn't get into the bitcoin either Just quickly I posted this yesterday on twitter I told my room too. We actually saw this real time in the room yesterday I wanted to cover this real quick because a lot of you guys trade bitcoin Exactly what happened yesterday. This is what I'm talking about. It doesn't matter what market you're trading, right? Right here. We talked about this in my room What happened futures 25 is a threshold you would think what 25? Yeah You see this pattern at our Retest confirm you're in there. This was this was a three thousand dollar move just into the close and I think it went Let's see where to go It was 68,000 pretty much stopped there, but How's that trade right guys? It doesn't matter what market you're trading if you understand the thresholds and and the way these things trade and believe me they the futures Affect the cash so you can trade futures or you can effect the cash I posted this and just quickly posted this a couple months ago and somebody laughed at it when I posted it And then it came out that the futures they are these big funds are liquidating in the futures You know go to my you can read about it. It's one of these posts that I put But the funds are definitely liquidating or entering positions in the futures So you can trade you can trade the futures or trade the cash and you get great leverage in the cash too all right, so I got I will see you guys next thursday