 It's just seeing the euro's whispering drop in a 1 month low. ECB's viscose financial stability preoccupations may return. We have found the US Existing Home Sales March 2023 full report on the news feed for those of you that are interested. As well as the Eurozone Concealment Conference April Flash reports as well. Risk disclosure statement. There is a risk of loss in trading stocks, EDFs, commodity futures, derivatives, options, forks, and cryptocurrencies. This risk can be substantial and therefore investors should carefully consider their financial stability prior to trading. Past performance is not indicative of future performance. The software, strategies, chatrooms, websites, and any associated websites are digital venues that for educational purposes only and should not be construed as an express or imply promise or guarantee that you will project that loss is may be limited in any manner whatsoever. 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Pre-number lucky, yes. Icebergs came out. We always see these, not always, but when we do see these, the market usually moves in this direction almost like they have the information before it comes out. I know that would be illegal, but it's just pretty uncanny how often that happens. So, this was sell ice. This was back to back. You had 1,000 and then another almost 1,000. So, you got 2,000 sell ice in this ice zone here. The market has gapped down overnight. This is getting interesting for equities. The trade has been absolutely horrendous lately as far as the chop and just the grind up and sit here. But, you know, a couple different things have happened. You have that balance. You have that balance. Actually, not this balance. Market broke out. Held the high volume node pretty much where that zone is. Launched from there. Built another balance. This was where things started to change. We were talking about this yesterday in my trade room where we had a failed try to break out, came back. Held the high volume node and held pretty much where it should. And then this should have done that. Instead, now it gapped down to this high volume node of this balance and all of this structure here. So, you know, I do have, this was an important zone at the time. This was directional conviction. Buying tail launched again. But this is, you know, this is pretty much do or die for right now. At least in my opinion. At least down into this high volume node of this balance. So, you know, every day when you're looking at your market, Gold stopped by GC, 215 contracts. You need to come up with thesis on, you know, which way you think the market is, how it's looking and which way you think it's going to go. And then the way I trade these, you know, I'm trading these volume setups like you see in ES here. But if I, the volume setups are in the direction of my thesis, then I'll trade it, you know, larger size, right? You never want to be risking too much on a trade as far as blowing out, obviously, blowing out your count. The most you really want to risk is, you know, on an individual trade is about 2%. One and a half to 2%. And the most you should lose in the day is 5% to 6% of your count size and you need to shut it down. But if you love an area and you love a trade, that's an A plus trade, then you can put on more size, you know, 4%. You know, double size, or you could put on 6%. If you want to fire your whole day in one shot, but if you lose, you've got to be okay with shutting it down, right? And not just keep trading and then you find out you lose 30% at the end of the day. And it will happen if you don't respect your lost rolls. I'm not going to go into that right now. But so anyway, we're seeing how this breaks out of here. You know, I have a bearish, short-term bearish, but you know, I'm a day trader. So if this follows my rules of a bullish setup, I will take this trade. We have specific trades that we're taking in the room. I'm adding these, you know, as we go, but we're working on these individual trades right now. So right now, this trade is always in effect, right? So the blind ATR... Gold stock stock by GC, 171 contracts. Well, cool. And the second I was actually short that, so I'm going to probably get stepped out and have to re-enter it. We'll get there in a second. But anyway, we're trading... This trade is basically non-stop, right? So this is any volume event that you get, any SI volume event that you get. We're waiting for a full ATR, a retest of failure, and we're getting in either way. And you can see these values in my spreadsheet. This is a spreadsheet that in my trade room is access to. We put the zone prices in, which I have in here in ES. So I'm waiting for a move out of here to decide which way I'm going to trade this particular zone for that particular strategy. You want to keep an eye on your ATR. So the average true range right now in a five-minute, 14-period wilders is just the default average true range. And thinkorswim is 3.57. So that means it's moving... It's rotating about three and a half points every five minutes. So it's actually pretty condensed. It's been pretty condensed, and the trade's been really, really terrible lately as far as volatility. But based on these zone prices and this ATR, this is telling me where I will go long or I will go short based on my trading rules from watching thousands and thousands of these SI setups, right? So for this to become a bearish setup, the market needs to touch 57.50 first and foremost. A bearish setup would touch 47. So I'm waiting for one of those prices to touch to determine for the BARF strategy which way I'll trade this. So if this touches 57.50, retest, fails, then I'll take the long. You can see this liquidity up here. See, pretty much know that. It's going to get filled right now. So it needs to touch 57.50 to make that a bearish setup. And then I would get long at 58, and then my stop would go 46.50. So you see when you put the zones and everything populates in the spreadsheet that we're using, remember something we build, Shayla brought us specifically, and this thing's a godsend, right? You don't have to sit there and eyeball it. You just put your zones in, you know, exactly, you put your risk that you want to risk. So I'm trading these different Apex accounts to keep the accurate stats. We'll go over that. I have other stats up to date in there. We'll go over some of these strategies in a little bit. But, you know, I'm risking 10% on these Apex accounts because a couple of them are live, but I'm trying to qualify live for each one of these things. So I'm being a little more aggressive. You don't want to be trading 10% of your account size. So if you're trading real money, you need that. So say you had a $5,000 account. You make this 2%. You should be risking $100 on trades. I know that doesn't sound like a lot, but I'm telling you if you're risking more than that, you're going to have a bad day and you're going to end up losing 20%, 30% of your account. And then you're going to have another bad day and then all of a sudden you blow out the account. You need to respect those rules. Take it from me. I've learned the hard way not to respect those rules. All right. So this is almost... We need another two ticks here and this would be a bullish bar set up and I'll take the long. Again, I'm not bullish this market, but this did hold this zone. Was that an Izzy? I don't think that was an Izzy. So we played another one of my trades that was an Izzy. We call them inflection zones. These are important zones from prior events, right? But this ice came in basically above this zone. If I'm looking at it correctly, hold on. Bottom of the zone was at 50 and a half. So I don't think that was... Yeah, this is an Izzy. So I can go along this aggressively, actually. I don't want to, but... So this is the thing about trading guys. I have opinions all the time, but I have trading rules, right? So it's like... If I'm getting... I don't care if I want this market to go down. If these volume events are showing bullish, then I have to trade them on the bull side and I have to be consistent with it. We'll get into this rant later with the casino. First of all, let me get these trades before I continue chirping here. So I'm going along the 5750 aggressively for the Izzy trade. We'll go over this here. Some are aggressive, some are conservative while you're waiting for the retest. Let me see my size. I'm sitting here right now. I can put on nine. Hold on, yes. Don't be running away on me. That's correct. No, that's not correct. Hold on. That was the bar of trade. All right, so what I just put on there was the Izzy trade, the inflection zone trade. Should I keep forgetting to put in whether these are aggressive or... This is just a copy. These aren't in detail because the detail is for my trade room. If you come to my trade room, you get the detail of these and the examples and so on and so forth. But for these webinars, I'm just briefly going over these as far as what they are. It doesn't have the exact description. I'm explaining the description, but you're not going to get it verbatim because that's for my trade room. That's what they pay for. All right. So we already know... Actually, that wasn't even the right price. It was supposed to be 5750 was the validation price. 58 was supposed to be an entry. So hopefully it touched 58 or I got in too soon and I can get burned on this trade. All right, it touched 58. All right, so what am I doing here? So I got it. I'm taking potentially... I already took one trading strategy. That's the Izzy, right? So the Izzy isn't... They're moving to the inflection zone. I just showed you. All right. I moved down to this inflection zone. The first volume event, the first move out of the volume event, is these are fade trades. I go along, right? So as soon as this moves in ATR plus 15%, which was 58, I'm long. Just seeing the euro... What I also trade is the barf trade. is the barf trade. and that's just any volume set up that does the ATR, does the retest, does the failure. Then I'm along that strategy as well. Only dollar yen, full spot, 5%. And if this is too loud again, I turn it down to 10% on my internal computer. Please let me know if the chat is too loud. So I'm waiting for that to go along the barf setup as well. And that's all I really have going for these setups. Some other ones are the slug. That's a stop run at the Ludwig level. The major Ludwig levels. I go over every week. We'll go over these two. We're not at a major Ludwig level. We're actually just bouncing around this yellow lug. And then... We also have your liquidity. This might be electric. If this comes back. I play, we talk about this every week about this longer term liquidity. This is definitely longer term liquidity. And this is almost 100%. This will be filled. Because this is the big money. And they push the market into their orders. They want to get filled. That's why it's been in there forever. Meaning it's not a game where they're trying to scare the market. They actually want to get filled. And you can see it's probably going to get filled right now. But I wouldn't go long. That trade is an ATR retest failure as well. Like a barf trade. And I wouldn't go long and easy. Or a lick trade. Trying to get to the liquidity when it's two points away. If I put that trade out, I'd be risking an ATR below here. I'd be risking like 10 points. So if the liquidity was up here, I'd put a lick trade on it. We'll see it. We'll probably see an example of that. So anyway, I'm long one strategy. If the retest fails, I'll be long the barf. And that's all I got going strategy wise for this. So now we just wait. Some things to note though. I'm still bearish this market, but I'm just following my rules. Not bearish overall, but bearish today. We obviously gap down. And you can see this market has gotten into. So this is a very important area right now. This is like a 10-day, 10-plus-day market profile composite. You can see the market bond. This was yesterday's trade. Actually this is the last two days trade. So watch what happened here. This is especially important. So you can see the last two days that I merged together to draw the composite value area. Actually the day before yesterday. You should be aware of the treasury sector. Yeah, there's giving remarks on the US-China economics with the video arts. It's possible. And bounced right off the top of this. We call this a market profile composite. So all it is is a value area, market profile, value area composite. So these are multiple days, like these two days, like I did right here, merged together. So this is the value area of Monday or Tuesday. This is the value area of yesterday. If they overlap by more than 50%, you merge it together. And they are powerful areas to trade to come up with thesis of what's going on. So actually I'm going to merge this one back. This most just sucks on this. So the majority of units of the GOP debt limit proposal has no chance. So the thesis I'm getting is this gap down to this two-day composite. And it's starting to accept into this composite. That is bearish for right now when markets accept into market profile deposits. Take a look at the fair and greed index. 65 out of 100. You expect the other side, right? Don't expect the Tennessee to get to the other side. So that's what I expect. That's what should happen. If this market launches back out of here, that's telling you something as well. And the market is probably going to rip. So that's why this is an important area. Like I said, normally I would not, I'm saying, okay, I'm looking for shorts, but my strategies based on the volume event told me to go long here. So I'm long a couple of different strategies. If these fail, then we're firmly into that, then this is telling me something as well, right? So I got long, nasty trade. If this fails and I get stopped out of this trade and actually I got to get my stop in. That's telling me something that this bullish volume event did not hold, right? And then I know on the market profile. So then if I get the next setup I get, say I get stopped out and I get another setup, well, then I'm going to trade, you know, I'll trade the same way on the short side, but I'll trade, I'm going to trade bigger size because based on my thesis for today, see what I'm saying? So, you know, we just got to wait for this to develop. We have put out the video to U.S. Treasury Secretary. Yeah. I stopped there. NQI Seisberg by NQ, 151 contracts. NQ setup, he just turned. 4650. So let's head over there. See these Seisbergs coming in here right now. This is, you know, 400 plus already. And this is the first setup of the entire day here. So the way you draw these zones, especially like they're back to back here, you can combine these two. Full cost. This one was almost threshold. My threshold for now is actually the amounts that I will trade off of, draw zones and trade off of is 150. So this is almost 150 on its own. And then right after that's another 245. So this is very likely one house. You know, a line is showing, it's starting right there, but this is probably one house. It doesn't really matter. We're looking for high concentrated volume areas, right? What does that mean? Well, you can see here, somebody's selling it aggressively. Somebody's absorbing it aggressively. That is a volume area, a volume of that. When it breaks out of this, that's what is the fuel for the move. Whatever's wrong is getting the hell out of the trade. That's how you have to view these markets. It doesn't matter what, I don't get it as much anymore, but people would email me, how do you know what they're doing? Soy oil stops LZL, 205 contracts. Are they covering options positions? Are they covering shorts? Soy oil ice icebergs LZL, 154 contracts. It doesn't matter. You're never going to know so why waste your time trying to figure out what people are doing. You're never going to know. You need to know the volume area. There's two sides of every trade. Somebody's going to be wrong out of this area. That's the whole idea of this trading. That alone, in essence, is an edge, and that's the barf trade. Then when you can apply this information in important areas, that I look at that if you're using this, and you should be, because this is the strongest edge I've ever seen in trading, if you apply this in your area, say you're looking at a 200-day moving cross right here. Well, this is confirmation whatever way this breaks. If you're looking at the bearish cross and this turns into a bearish setup, well, that's confirmation. And you have a volume-fueled event that will get this market rolling. See what I'm saying? So that's, again, by far, without question, in my 23-plus years of trading, the greatest edge I have ever seen. And that's why my entire core of my trading is based, I do not take trades anywhere unless I get my volume event. Right? And I have specific rules and then I just sit here. Soil Ice Ice Group by ZL 153 contracts. That's what's going on in Soil. Hold on. I'm trying to Soil right now. All right, so let's draw this zone. So you want to get the bubbles off the screen and go over this every webinar. The majority of the users might not be on the screen and I'll call these clouds with heavy US towards the defaults. Just repeat that there. We'll probably click on the chart. Heavy US towards the defaults. Last price, right? So you're better off just getting your lines on here right away and then you can adjust them because you've got to get out of that mode. You've got to move the screen to see how far the price changes. So you want to incorporate all the prices. Get your crosshair. Figure out where this spike started and you want to incorporate all the prices that happen in this spike and in this case in this spike. Right? So you can see this came down. This did come down in here but that was not part of this iceberg here. It only came down about here so I'm going to change this. For now, down in there. I'm not going to incorporate this spike in price because that was not part of the icebergs, right? I want the icebergs only. So then this came in. This was a little higher but I'm incorporating both of these. So now I'm looking how high did this go up. This went up to here during this spike. See this spike here, right here, right here. So the highest price was there. Actually, this was a little higher. You can see here during this spike, this went a little higher. So I got to adjust that. So that's my zone. So now I try to color my zones so I know what it was. Buy, I sell, I stop runs. Try to match the sub chart there. So that's bluish. I'm color blind. So it's close enough. I know that's buy ice, right? So that's the first step. Determine your zone. Then what I do, so you see 13143.50. So I go in here to my spreadsheet and I add, I put in my zone prices. That's the top of the zone. The bottom of the zone is 13135. Yeah, 13135. So that's my zone. Then I make sure I have my, the current ATR, which is not 16.57, which is still pretty low for Nasdaq, but it means it's rotating about 16.5 points every five minutes. Very important. This is adjusting my, how much I can risk, where my entries are based on the current volatility. Very important. A lot of you traders love to trade with these static, you're risking three ES points to make six, whether the ATR is three or 13. That does not make sense. You don't want to be having a static stop area or stop price as far as points is concerned. If the volatility, you know, you got to adjust the volatility because you're using three points and the ATR is 13. You're going to get stopped out probably 90% of the time just on random rotations, right? So that's why we use, we adjust to the current volatility. Very, very important. Well, don't, oh no, what did I just do? This mouse is gracious. This YouTube studio, like I did broadcast YouTube, my mouse is like literally delayed. That just is not cool. You know, because, you know, trade is not hard enough and I got to deal with this nonsense. Hold on a second. I think there's a way to bring up the, that makes me happy. It repopulated, that would have sucked. That would have taken me like 10 minutes to US Treasury Secretary Yellen says a chance to take over the model undercards of the nations. Over this. And says the US-China relationship is clearly at a tense moment. Why am I whispering? You can't hear me? Could you guys hear me? I'm not whispering. I'm talking like I always talk. My voice is a little hoarse, but could anyone else hear me? Besides the smart ass guy? Yeah, me. Appreciate it. All right. So let's see where we are because I forgot what I was doing before. I just X'd out all my charts. All right. All my windows. All right. So this is NASDAQ. I mean, this is still, again, looking overall bearish to me based on, you know, what this did all, where it should all. This is a prior balance. This is the most current balance. The US Treasury Secretary Yellen says the US-China world bank of China is great in the world economy. That's the fail breakout like we saw in ES. This I-Vine node. Then it actually recovered. So that should have done that. Didn't. Now it's back down here. So, you know, this may, I would really like, so this is a good example right now, right? So I embarrass this market. I know I'm long ES right now, but if this NASDAQ comes up here and I get a setup in here, this is where this market gap down overnight as well, I will short this and I'll put on double size because this is, this based on all the market is reacting up here. It's telling, I'm bearish, right? So, it doesn't mean with this current setup I won't go long on some of the strategies. But if that gets up into that zone and I get an easy trade and inflection zone trade, I'm trading double size to the short side. But first things first, we're not in that zone yet. So I'm waiting to see how this market reacts out of this zone to figure out which way I'm going to trade. Remember, I'm a day trader. I will trade both ways, but if I get something in the direction of I think what's happening, then I will trade bigger, all right? So the validation price is to make that a long setup. I need to see 13-160 to make it a short setup. I need to see 13-1, 18-50. As far as the strategies, there's really, well, let's see. There's nothing here. We can see, first of all, this is about 13 between U.S. and China is only suitable. Composite. The market's accepted in here, obviously. So you expect the other side. But you can see this market's just bouncing around pointing to control. So this is the most traded price, either less as long as it's been since 4-5. So you're looking at 15 days, right? Not 15 trading days, but you know what I'm saying. So this is CHOP City, very likely, in this area. These are the best places to be putting on trades. One minute remaining. The market profile. We don't have any of those playbooks yet, but I'm going to have more playbooks based on market profiles, highs and lows. These are some really, and when it breaks out, come back. It breaks out, come back. These are really good areas to trade, to get out of your trades. Some of the areas that I get out, this is the trading in the zone document that I show you guys every week. This is for my room as well. But these are the areas, some of the areas that I get out of. I will get out at, and you can see, market profile, composite, highs, lows, points of control. So highs and lows are very, very important. So those are the best places to trade, and we're nowhere near that, but I'm just pointing that out. So we're just sitting here out of the point of control, so you can expect pretty much a chop fest right here. It would be my guess. In the meantime, we're going to see how this reacts, see what's going on with my ES trades. Probably not doing great. 75 BCF. 75 BCF. No, no, just wait. I can almost assure you this liquidity is going to get filled. What does that tell me? Not much. You know, if this was up here, then I say, okay, I'm not going to get out of there, and if I struggle, I'm not getting out of my position. I'm not getting out of my position. Two points above where I entered, right? So, but you can bet your bottom dollar that's going to fill. So we just wait for that, and then we'll see what happens. So we just sit here and wait. This is how this trade has been horrendous the last, like three weeks. It's been like chaff, it's like yesterday, like look at this trade. Grind, low volatility, just disgustingness, just gross. This is not conducive to good day trading. I mean, if you're scalping, I guess you're just like trying to take one point scalps and stuff. Yeah, have fun with that. And I'm not interested in that kind of trade. But that's what it's looked like. I mean, you can see the day before, pretty much the same thing. I mean, look at this trade, like it's just horrendous. But, you know, the longer it does this stuff, when it actually moves out of this main area, you know, on the larger time frame, you're going to get the bigger move because this is just traders placing bets and then move out of here. I mean, this is, you know, so everything's fractal, right? You can make balance areas out of five minutes, 60 minutes. We've showed some of these smaller balance areas and how the markets react to new things like that. But this is, this is technically a balance area in its own right. We have the weekly EIA natural gas and then you can make this a balance area. So, I would watch, you know, if this gets below this zone, that's a breakdown of this balance. Well, if you just extend this break through down right to the bottom of the barrel, then it's going to get ugly. But as of right now, this is just, it's holding where it should, but we'll see. So you just come up with this idea. You look at this, you know, this doesn't change that often. Right, as far as a bigger picture, you can come up and know where we're at. No, you can come up with your if then scenarios. So I know if this breaks down through here and it gets through this high volume note of this guy, I'm going to be very bearish. If this holds, then it's pretty much still within this balance area. And I'm okay with taking longer zones. You just extend the clients off to the EIA with the big unexpected storage build lost down to 40 percent. It's not telling me anything that's just, or sharing. The point is you want to know all this stuff before you start trading, so you're not scrambling to figure out when you start getting volume events where we're at, what's going on. So that's why you want to do your pre-market prep and look at all your markets that you're trading. You should be definitely looking at more markets than the ES. I don't even want to know the percentage of people in here that are just staring at the ES crap whipsaw trade all day every day. It's terrible. And like I tell you guys every week, the volume events are the volume events. It doesn't matter. It's loaded up traders. It doesn't matter if you're trading soybeans. Gold. Speaking of which, I'm short gold. And I think I have a way to stop out here. And... I'm just having a... Did I just get filled on something? I stopped out of a career. That was a long career. But it doesn't matter what you're trading. It's the same... It's the same principles. Futures-wise, I'm talking. No, we just sit here and wait. Smashed my house here at all. Did I slam my mouse down? I didn't even know I did that. I've done it so many times when I trade and incur. I didn't even know how many mice I've gone through in my life. I do have the mouse that I made my millions with, though. It doesn't work very well anymore, but I have it as it keepsake. That's about all I have from that time period. All right, so here we go. So I am long. Yes, I never retest this. NQ, 286 contracts. All right, so now we're going to stop her. And this might be an easy complaint in this whole webinar. All right, where is that longer? Remember, I was looking for... This is a good example. I already knew Izzy was up. There was an important zone where we gapped down from. So I already know it's there right now. Remember, I just got done saying, so here's your volume of it. At an important zone, this is exactly where this gapped out. And I also know stop runs aren't usually really real buying. They're just guys puking. So this could fail here, and I will be short-aggressively, this is where this swipe started here. And it's actually confluent with the sweeps on the chart. So that's good. The sweeps indicator is awesome to have so you can help you draw your zones and see these sweeps in the market as well. All stops are sweeps. Not all sweeps are stops. But this stop run is a... All these sweeps you see on the chart is the stop run. But there will be sweeps that are not always stops. They're important. I don't trade off of them like the zones as of right now, but if you want to trade off of the sweeps, I would make them at least three to four normal thresholds. So if you're trading NASDAQ, I'd be looking for 600 sweeps or more. I don't know why. This is already failing on here. All right. That was pretty quick, especially for how crappy this market's been. 158 down to 151. I'm going to get this in here quickly because I want to short this aggressively, if possible. I'm going to have two lean positions on, but it is what it is. I don't want to trade these independently. I'm not foregoing one trade because I'm long another one, you know what I'm saying? And that's how you take advantage of your edge. 13151. ATR is up to 16. No, not up. 16.29. All right. I'm going to short aggressive trade where I'm not waiting for retest failure, right? So you get the volume of that. The minute it breaks down out of there, I'm short. And that is going to be this price right here. 3225. Based on the account size on these Apex accounts, I could put on 5.62. I'm going to round up to six obviously because you can't put in 0.6. This is MNQ. So I'm going to put in 6MNQ. I'm going to short aggressively. There. So I'm going to go short here at 6. This is Izzy. Actually, I'm going to go short 3 because that account is this half size account. I don't want to confuse you guys, but just know I'm going short at 30. What was it? 3225. So again, I was looking to see what would happen out of this volume event to potentially take a long. Then the new volume event came in. Right? And it is in an important inflection zone and it moved out of here immediately. So if this gets down to 3275, I'm sure that it's really shocking. So we actually have a trade for this exact thing because these markets, if you watch any of my webinars, retest these zones. This is just off the top of my head. We're going to know because I'm going to have this automated here very shortly. But my... 15 million of these things I would say retest the zone 70% of the time. So we actually have or more. The issue is you never... What is the mark? How far will it go before it comes back to retest? Right? So that's what we've been working on in my room. We have these trades that these guys are doing. This is more of a scalp trade. That's this trade here. So right now, if you wanted to go along the one ATR, you go along the one ATR and all we're doing, all that trade is is playing back to the zone. Then we have the two ATR, depending on the market that we're looking at. So you can learn all that in my room if you come over there. I'm officially short aggressively. I maybe stop it out of this US trade. So I got dueling positions on, which is always a blast. But like I said, you just keep taking the trades. If you have a solid edge in playbooks, you just keep taking the trade. Actually, this is just back to where I entered this. So ES is definitely stronger than NASDAQ today. And I'm not getting out. I'm not getting out of, yes, just because I'm short. First of all, it's shocker, shocker. This liquidity got to fill and then now it could go down. Once they get their cells in, now it could go down. And I'm not exaggerating. But I'm not just getting out of this trade because I'm short. I need to see a bearish setup in this market to get out of that trade, get out of my long and then go short. See what I'm saying? These are independent trades. Hopefully, I don't get whipsot both ways. All right. I'm going to stop for this. So remember, I am not... So I already know mentally... I already know the tendency is to get back to the zone. So am I going to panic on my short if it starts to move back up here? No. That's why I make these markets so once I enter my trade, I am putting my stop outside of an ATR above this volume of it. So I am forcing this market to come back more than an ATR, probably two ATRs now, get through the volume of it, move another ATR out of there to prove me wrong. That is by watching so many of these I've determined that is the best way to trade these and not just topping in right when it breaks. I know in my original course I talked about getting in right when it breaks out of the zone. But trading you have to evolve. And I did that for a while. And it wasn't as successful as I thought it should be based on the strength of these things. Right? So then we came up with a list. Then I used to get in at 50% of ATRs. I was 7. I was 90. Now we're at 115. That seems to be the sweet spot. Because we're fighting these algos that love to snap it back. So the point is I have rules to get in these trades. But I also know what's very likely to happen and I'm not going to panic out if it just because I'm expecting that to happen. So based on watching these the point is when I'm short this I'm forcing it to do all these things to prove me wrong. I'm willing to risk the extra points. Speaking of which, I need to put my stop in. So I was short at 72.75 No. Sorry, that's the reverse one. I was short at 32.25 I'm risking up to 76.75. That's 44 points. It doesn't matter what you're risking. It adjusts your size. You don't adjust what you're risking to fit your narrative. I'm adjusting for the volume event and the volatility what the market's narrative is. Not mine. I adjust my size based on that. So this ATR was 50 which happens all the time. Watch what happens to my size here. Watch what happens to my risk. And points. So this is a 50 ATR. I'm just going to 22 points. I just cut my size down. You don't adjust what you're risking based on what you want. You can, but you're not going to you're very likely going to hurt your results. That's the current ATR. So on the short, I'm going to stop out at 77.75. I'm crude pre-market stuff and I know I got stopped off. Yeah, sure did. I forgot to put my stop in. Okay. Crude ice iceberg by CL 152 contracts. Yeah, set up in groove coming up too. Long yes and short nasdaq. That yes is basically just hanging where I got in. So we'll see what happens here. This is a typical of the way this trade's been lately. Just go nowhere back and forth, back and forth, back and forth. So this is just like watching paint try. So it is what it is. These periods of bad trade. And this is what I told my room yesterday too, because you guys, so many traders when it's terrible like this, they're like, well, you know, I don't really have a strong conviction here. I'm just going to throw on a small, like just a one lot or something. Just see what happens. Then you take a small loss and you do it again. Small loss, small loss, small loss. All of a sudden these small losses add up to a big loss and you're just getting torn apart on this whipsawness. It's a pretty decent drawdown. So by the time the market actually picks up and the trade's great and you have a great day, all you really do is make back your, just make back the days that you were throwing away money because you needed action in the market. You see what I'm saying? Or you were being forced to trade because you were trying to pay your mortgage or your car payment. So on days like the last three weeks, you need to either cut down your size or you need to make sure you're trading stuff that fits your exact playbooks and you're not just screwing around in here because it can lead into a business drawdown and then when you're finally catching some moves, you're just making your money back. That's not fun. Alright, we're going to add this over here. So we just charged something in crude. Let's see what's going on here. Bigger picture first. The YouTube voice volume is low again or is it high? You mean you can hear the squawk talking over me and the tick strike? Or you can't hear me talking? I don't know why you wouldn't be able to hear me talking. Let me know that. Alright, so you can see we're out of here. This is obviously, I was already bearish this market but from all this stuff, this was a fail breakout of that structure and then you had a breakdown of that structure and I got through that. This is some of the best trades. When you ripped down like this, capped down a zone a couple of times yesterday. Capped down again. Now we're into this one. It's kind of holding there. I would still take an Izzy here. Remember, these are zones. These are areas. These are not exact prices. Yeah, I have the prices here but these are areas. You can see this. It's kind of got through here depending on where the setup is. If the setup was like here, I would take an Izzy. If not, I could still take an Izzy but I would be more conservative with it. Let's see what's going on here. So this is all pre-market stuff. I'm going to get rid of this one. This is straighted up and through it a couple of times. Let's see what my volume is. Are you guys, anybody else in here, on YouTube? Are you not? I mean, I have my internal volume on this thing at 10%. So I don't know how that would be. I can't turn it down all the way when I'm listening. I don't know. I don't know what they could be. Okay. Let me know. It's barely threshold, but it was threshold. You can see it started over here. This was not threshold, but then it came in. The shallow line is one house. But I will actually... Actually, this is a double whammy. It's a delayed double whammy. You had stop-rides and then you had buy-ice. You can make this song basically the same area. So let's just draw this on. That's what I'm asking. So the squat guy is louder. I don't know what else to do because I thought it was because of the internal volume. I mean, I could just X out of it and not have the squat. But then I'm not going to have something that comes out. I'm not going to hear anything, but usually it doesn't matter anyway because we're just sitting ducks when something comes out because these elbows snap up prices before we can even react. Right now, you can hear me, but when the guy at the squat box talks to the squat dude, the news guy, is it overbearing? Is it talking way over me? I thought I had that corrected, I guess not. Let me know and I'll just turn the thing off then. Gravely Clint Eastwood voice. Yeah, you try talking five hours a day. Tell me how your voice works. I'm not trying to be tough guy Clint Eastwood. It's just my voice. 7728 on the 7715 is your crude zone. I'll figure it out. I'll figure out what it is one of these days. The voice isn't working. 7727. 7715. Yes, 21. This already looks like a bullish setup. This is kept down pretty far. I don't have a strong opinion here. I was bearish this market, but this has moved down pretty significantly. Not that it can't keep going, I'm just saying as far as the plan to visit China at the appropriate time. Second time. I don't have a strong opinion here anymore. I had a strong opinion up here when I had the fail breakout and everything we just talked about. Up here I had a strong opinion, but right here this could easily bounce a comeback to this stuff. So, very neutral here, so I'm not going to be trading bigger size. This zone wasn't even that important. That's where I can see a couple tails. I think there was a gap. Is there a gap down here? I'm not going to trade in as a year. I don't even see that much here. I think there was stuff back here and I just drew it closer. But at the time there was stuff like you can see tail directional conviction out here but the directional conviction started here. There was something else here, I can't remember. Anyway, this is the next important zone down. This is where this gap down. I'm just going to trade this. I'll just trade the barf here. This might be at a Ludwig level, so let's see. That would be a slug. Let's take a look. This is actually the best strategy as of right now. Winning percentage, we'll look at that as well. Here shortly in this bang up trade, I'm sure I'll have time. Am I results? Yup. And I'm missing this trade. So this is why I use these Ludwig levels. They're the second most powerful thing I've ever seen in my trading. Absolutely unbelievable. So I need to get in this trade immediately, aggressively. That price is 51. This time it's the one else we get. We expect to come from ECB's Holzmann who gives opening remotes to the Austrian left behind lecture events to be delivered while the formal world bank lead economist. 44. So I'm a long slug and there's a potential barf played too. If this retests this zone and fails, I'm going to go long barf also. So the slug is an aggressive entry because why do I go aggressive summon and conservative others? Because some areas you may not get, I told you it's about 70% from my estimation of watching these, but just like this 70%, there's your ATR trade by the way, my room's taken those. 70% it comes back here. But important areas like Ludwig levels or Izzy's those are my aggressive trades. This may not come back and then I'm sitting here holding the bag with nothing on and like because I was waiting for a retest, right? So there's certain areas, the minute it breaks out of here and ATR plus 50% I'm in and then there's others like the barf I'll wait for this, this, then this. So now I have potentially two trades on. I didn't enter the Izzy yet because I just missed it. So if this comes back up, I'll be long. I'm sorry, the slug stop run at a major lug level. That's what slug stands for. I'll be long slug and now we got ATR retest. I'll be long barf as well. And let's see if there's any liquidity above here. I can potentially put on the lick. No liquidity above, there's only liquidity below. That doesn't mean I won't put on these trades, but say this market did one of these for this liquidity, you see this liquidity that's been in here for a while. So say I end up going long here and the market rips up and then we get set up here and then it fails. Well, I'll be out of my longs and then I would take a short lick trade, and then I would put on the liquidity, play for that liquidity. So you could trade, if there was a lick up here I'd trade it that way. So that's an independent trade. Each one of these are different strategies that are more trading. So what I tell my room is, if you have large bandwidth, trade them all. If you can only look at one or two things, pick the slug, pick the lick or pick the slug, pick the Izzy. And then master those and then you can move on to a new playbook. The slug is a bounce or a stop run into the lock. So lugs are just short for Ludwig levels. I don't feel like saying Ludwig level 85 times in the webinar. Go to her website because I always get emails on this. Go here if you want to try them out. She has a three day trial. Put your name say you saw it on the bookbap webinar and she has a special price for you guys. Try them out if you end up getting them. There are literally guys in my room but they were talking about yesterday that will not trade without them because they're not only for support and resistance but coming up with narratives when, you know, say this bust through this lug and it draws new lugs, well how it should react at the prior blue and the new directional yellow like this one here. This is a perfect example right here, right? So the market came down ripped right through the blue lug whatever the conditions are to draw new lugs happened. So what should happen here? Well, if the spark is truly bearish it should hold prior blue directional yellow. You can see it did a little pop above but not much and then when it got back below here it was down to the blue. That's what should happen. So say you come down here and you draw new lugs and you know it should get down to this. It should hold these two and get down to this. If it doesn't and you start seeing that well then you expect red. So you see how you can see the thesis just based on little levels. So they're incredible for targets incredible for entries and they're incredible to come up with a thesis on what's going on and then when these match up with the thesis the overall market, like you know with the bigger picture bar chart stuff that I've been showing you, and then it's go time then those are eight plus trades. Let's see where we're at here. ES is just you see where this is struggling right? Like this is a really important area and it's just sitting here. You can get down to the other side which you should expect or if it gets out of here that's information as well that it couldn't pretty much stop right at the point of control it couldn't get to the other side and now it's back out of here and rejected this huge huge market composite value area. So you're getting information from that as well no matter what happens here. So now we just sit and wait and watch paint dry. All right so I'm going to put on I'll put on barf long crude as well if it moves out of there. Bob knows why not. Big comments from ECB. Holtz was there. Holtz top sell GC 218 contracts. Holtz selling off I think I'm still short that. So I put on two pre-market trades I was long crude got stopped out short gold and I think I survived the stop up. Yes I did. So that's good. I'll go over that here in a second too. So if this comes back up to 50 I'm long barf I can put on I'll be long slug and barf. So I'm going to put on barf because these are just funny acronyms memorable acronyms for these trading strategies. So you're like what the hell is he talking about? What the hell is a barf? That's what I've been talking about this whole webinar. But they they remain you know they're memorable to help you remember them obviously and then you got to add a little humor in your trading or you lose your mind. So that's why that's why I'm doing that. Alright so those orders are working what's going on with these awesome equities these things are just ripping man oh wait no they're not they're doing nothing as usual. It's been brutal man it's been brutal to sit here oh look at that actually this is a barf could you guys believe I don't know if you guys have ever seen this pattern before I've already seen it like four times today I'm supposed to be short barf here now too hold on hold on Mr. Nasdaq don't do it 31 quarter make sure this is right 16.8 so now I'm going to short at did I already miss this trade probably this is the problem with being on one screen I can't that's right there hold on six hold on don't do it alright I chased it down a couple points but nothing great hold on I put on too many there alright so now I'm short barf and I'm short Izzy did I mention it's about 70% plus here's your volume of that here's your move down that's what we'll see how far it was here's your ATR trades that we do in the room the room's going to be killing it on the ATR trades and I can't do them on these well I can't do them anyway because there's just I can't keep up with them on the webinars so the one ATR would have been you entered at 36 you step out at 1575 you got in the two ATR 2075 you're out at even so that that could down to 1575 no so you just the one and the two both just hit there so you see how this is more of a scalping trade it's very very active so you want those traders that always need something going on that's the trade for you so that one filled you would have been filled here you never stopped out to 1575 that was the one ATR got back there and the two got both got back to the zone and you're out right in front of the zone and that price is in there too this is where the spreadsheet is a godsend it tells you everywhere there's no question you just put them on you would have been out at sorry 49 quarter so that was a 13 point winner and then that was a 29 point winner so that a guy that's I would say top trader in the room as far as how much he's he has bigger accounts he's trading live he is absolutely killing it I posted all the time in there his main trade is the reversion to one ATR reversion and he's taking like barfs barfs and like slugs and he is let me see if I can pull up his info he puts it out there so I asked I wish more traders would show me what they're doing because it makes me feel good that guys are understanding and actually making money that's kind of important that's the whole point of the trade room so let me show you because traders always like to see this so it's not that I you know the guy is not bragging surely expecting comments from ECB's whole move but the registration link on the ECB are interested so this is his this is just in April by the way for him this is real money too by the way so and then March he made here I'll show you what he made in March oh then I'm going to show you something else too about the trader sync stuff that I wanted to show you guys it's pretty mind boggling like especially for bringing brand new for him to be doing that well this was this was March again he's okay with me showing this so I posted this on Twitter so he made almost 200 grand in March and he's up over 200 grand and it's a $100,000 account but he's following these exact risk rules too so what he does is he comes in the spreadsheet it's us to sell $57 billion of 3 month bills on April 24th on April 27th and the U.S. to sell $48 billion of 6 month bills on April 24th to settle on the 27th of April and the U.S. to sell $42 billion of 2 year notes on April 23th to settle on May the 5th so it's all based on these rules you just put in you just plug in your account size so very happy for him the U.S. to sell $35 billion of 7 year notes on April 27th to settle on May 1st and $43 billion of 5 year notes on April 26th to settle on May 5th to come in and start killing it then it gives people confidence what am I doing here I already know this stuff works but it's like you guys are just basically taking my worth for it yeah you see my results but I'm an experienced trader it's good to see someone that and he's been trading for 10 years and the guy's been giddy he's like I've been in so many trade rooms and you know the strategy is just everything is just he loves it, it's awesome and that's how you guys should all be when you learn this stuff because it's not you know if you understand what drives these markets you have the edge right so this is getting interesting like you see E.S. is still creeping up and NasX going down so NasX is definitely way weaker today does that factor in anything I'm doing no I'm just pointing it out some people like to trade the spread and you know the problem with this is like okay NasX weaker E.S. is stronger so which way do you go do you say I'm going to short E.S. because NasX weaker or I'm going to go long NasDec down here because E.S. is stronger so you know what I'm saying I don't concern myself that's not the way I trade I know there's strategies for that you can do whatever you want but the way I trade these are all independent setups I'm long E.S. I'm short NasDec I'm about to be test failure and crude again shocker shocker and it's really surprising it touched its prior vibe event bounced off that as well but I'm about to be long crude also yeah take a break because my voice is getting worse you guys are making fun of my voice so I'm going to take a sip of water and if you guys got any questions throw them in the YouTube that's probably the best place because I can't hop to YouTube and Discord on these webinars so just throw them in YouTube please if adjustment on the squab web yeah but I would think if I turned down my internal volume I'm not seeing that oh yeah there is okay I'll turn that down the problem is my room so members of my room get access to that you can hear it I don't want them not to be able to hear the squab but I'll turn it down a little bit Michael are you not in my trade room how do you draw your zones on the graph are you talking oh you're talking the you're talking the 60 minute chart this Michael is this what you're referring to and you're in my trade room are you not yeah yes I'm both you're talking about this chart and you're in my trade room I know the name sounds familiar so these zones are drawn in important areas the four important areas of charting so what are those tops and bottoms of balance areas right high volume nodes of balance areas I don't usually draw the high volume nodes unless they're confluent with something else kind of like this one is pretty confluent actually this is a better example here this balance area here that's the high volume node high volume node is just where the most trade occurred in a balance area it's just two sided trade trade is placed in bets tops and bottoms of balance areas high volume nodes of balance areas directional conviction gaps are directional convictions so that's why this zone was drawn today that was the easy I just took in in that cycle let's look at that one instead so directional conviction you see this is right where this market stop not surprising and put in selling tail that's another so it's buying and selling tails are one of the so you have directional conviction selling tails directional conviction by tops and bottoms of balance areas high volume nodes of balance areas so I will draw the zones were prior like up here selling tail this was a gap down directional conviction up here directional conviction here tail tail directional conviction right so that's where I draw these inflection zones and once the market keeps passing through them then I get rid of them but until then it is amazing how well these zone like this one here this one peaked its head below it but this one's been here forever right this was gap up tail directional conviction tail directional conviction tail tail tail gap up directional conviction right so this one keeps holding so you know this is my point the volume events on their own are edges you can trade them blind blind ATR retest failures aka barf when you can add these in important areas then you have an extreme edge see what I'm saying these aren't edge by themselves and like I said you can put these whatever you're looking at you're looking at the MACD but like Bollinger bands or whatever the hell you guys are looking at there are 85 things you have in your chart unnecessarily you can confirm those areas with the volume events because the lines on a chart mean nothing unless you're getting unless the volume is participating in those areas and the most important volume that I've ever seen are the icebergs that gives you information because that's the big money that are trying to hide their orders from the public because they don't want our algos because they don't want algos front running their trading stopruns are good information because it's usually the retail trader just puking out positions gold ice iceberg sell GC 152 contracts I had to trail my stop in gold I've been short that we'll go over that but you can see this nasdaq is working he has to start to pull back I may stop out of the yes but I got two different shorts on nasdaq so and you can see I should and one mistake could you guys see or what trade should I put on here but I just completely missed anybody see you get a plus for the day if a non-remember can tell me this I'll give you guys are always asking for free passes I'll give you a week free pass you can tell me what's right in this first person answer gotta be a non-remember you got five seconds nope I have bar fun so I got I got short Izzy Justin D lick Justin are you in my room though you're not in my room email me you got a week for free that's lick I already put on Izzy guys we went over this right this was the vibe I got I already got short that I know I'm not showing my actual trading because it's just it doesn't need to be done because it's better for compliance stuff but I showed you the price I got in a 32 quarter then I said okay I'm putting on bar fear right got in that what I didn't put on what I didn't see I could have put on the lick trade as well and hey look look where this market's going surprise surprise right just I said you can't be in my room now you get an afternoon you went from went from superstar to your now you're in the doghouse I was looking for someone who didn't let's see if someone else said that's not part of my room no one else said it you guys all get us all right so what's going on here and yes this is the first retest of the zone right so I already got along the Izzy trade now if this rips back out of here I'll go along barf right this is all this is all independent I know I'm short NASDAQ what I'm going to do here I'm going to watch this liquidity closely and I will be getting out of a couple at if it struggles that liquidity here that's one of my reasons one of my because the exits are more subjective the entries are smack you in the face I here you go rest struggle to get through resting heavy liquidity so that gets down there and there's other stuff here I'm sure to hopefully I'm not missing an exit here hold on yes I need to get out I'm getting out I have these I'm getting out three quarters actually right here over why in a second all right so I just had barf and like and not is he on so what do we got here nothing nothing on market profile I get out of areas I get out of the I'll get out of some at the yellow log no matter what especially if it's confluent something you got yellow log confluent with VWAP I usually would get out of half there well then you also have this resting liquidity that's real got real close to of course I missed this by time I caught it I cost myself about 10 points here but it is what it is right so excited this is one of the areas that I get out on its own if this comes down here and the first time down many times the market will do what it's doing because these algos pick up the size in the order book and they try to make these people chase it but the Senate he chased it but the Senate he's not chasing anything because it's been sitting still sitting in here right the point is we have resting liquidity we have VWAP we have yellow log I got out three quarters of my shorts right here and if it keeps going then I still have some on and so now what I do for the rest of my trade I already pieced out of three quarters of it right I just went over this and it's pretty close to pointing controller to but it's just bouncing around here VWAP yellow log resting liquidity that's enough for me to get out three quarters of my trade the other quarter now I will keep on regardless my goal my target is blue log or bust bust meaning I need to see an opposing volume about that's bullish then I'll get out of that last piece other than that I let this thing ride so it's either blue log opposing event or my original stop that's it so this is how I catch the bigger move I pay myself as I'm right so this is a big part of trading and I know you guys out there you didn't get 3R on that trade that's not our winnings formula I understand fully about ours and risk and you know when you put on your trades yeah you want to be looking for bigger moves but I'm not going to ignore important areas talk about this in my room lately all the time I'm just not going to pretend like there's not an important area here because I want 3R that's the same thing when I hear this ridiculousness let's cut your losers short and let your winners run well what does that mean run to where you want to trade until you get 5 to 1 and you just ignore everything else I mean yeah sometimes it'll work out for you but am I going to ignore an important area just because I want 4 to 1 on this trade no I will pay myself as I'm correct I will leave part of it on to try to for try for the bigger move but I'm not getting out I mean I'm not holding on and ignoring things just because I want 3R you see what I'm saying and this is exact this is straight out of his book Mark Douglas right I pay myself as the market makes money available to me and it just did the whole lug 2 things and then it didn't struggle to get through heavy rest in the equity yet but it was close enough to that too so I'm out of 3 quarters of it so now I let that stay in that trade and I could potentially go along yes here there we go I should be long barf right here let's make sure I was right hold on yes don't be running away on me always make sure before you enter a trade if you're using my spreadsheet make sure you're up to date on the 3.74 now 58 quarter I can put on 9 this is the barf trade right it's just the blind finally retested and failed 58 quarter that's not of course it sold it I suppose I made a mistake there first time for everything then I got a little worse alright so that's it sorry just talking to myself which I do not stop for 23 years alright so what was this we already went long easy that was this trade that was off of this move into this zone the volume of it is not long aggressively off the volume because there's a chance it doesn't retest that's why I take those aggressively it did retest that put barf into play blind here's your volume event the only one that's fired off today blind here's your ATR retest failure I'm long that I don't see a lick to put on I did miss the lick trade and it has that to short net gas stops LNG 200 for contracts net gas I definitely want to be trading I have a strong opinion on that market take a look at that too so anyway now I'm long barf and lick in ES and I'm still short a little bit of NASDAQ but I covered it and you see how this market reacted this is exactly why I get out at these areas not out I will piece out of some of my trade like literally bounce right off of there right do I just ignore that and say I didn't get my 5R so I'm going to let this come all the way back and stop me out that's just that's idiocy like I just some of the stuff out there that people talk about is just so ridiculous just don't understand it doesn't say this and come back down but I still have partial short on that's fine then if it comes up and stops me out then fine then I'm long ES too and let's roll right I don't think I fill I still haven't filled on this crude lung remember I was waiting for a barf here you got your ATR you retested never actually no I did go along with that I'm going to get my stop and yeah I'm long alright so my stop let's just jump around and see where my stop is supposed to be on this trade S&P Iceberg sell ES 932 contracts now we finally got another sub in ES I'm going to show you what I'm going to do now I can trail my stop this is pretty much where it was so I got a stop out of this crude at 7750 or no that's not right 7692 alright so that's working I'm long crude don't exit out of that wow this must just sucks I can't oh goodness alright so now what do we do I'm long two different strategies here right new volume setup so you can see it's still coming in you got 1600 accounting sell ice coming in that's pretty important information right you're staring at a chart you have a bar chart you have absolutely no idea this is a current you're just like oh this market sucks this is choppiness you have no clue that 1600 sell ice is coming in right here you look at this you're like I'm probably going to go golfing now this isn't terrible it might not be terrible here in a second because you got some monster sell ice somebody's selling it somebody's just tried to buy there and they just ran into a mouthful of sell ice so this this is the whole edge a volume event where traders are loaded up and we have rules for trading it so now what I do draw my new zone where did that start started right here see the price started right there I may have to move it up if the market kept going up during the spike but just get your zone in first let's just put your lines in let me color this difference so it's not confusing to me or anyone else it's too close I can't tell that color from the liquidity sorry I'm color blind guys so to bear with me it's just I gotta get the right color so I can see the damn thing on the chart alright so now let's make sure we get all the prices that happen in this spike you can see it already spiked up a little higher this is still during this iceberg spike spiked up a little higher there so I know I gotta go a little higher spiked up there there there still spiking up all the way up to there see what I'm saying so the bottom is right it never got any lower than the bottom it definitely got higher so then I just you have hot keys that you guys can set up I got a chance I'll go over those but probably not just google book map wiki hot keys and I'll tell you there's your zone 41 57 50 41 55 75 so now watch what I can do now so all you guys out there that love to trail your stops to break even which that makes no sense as well again you are forcing your trail on the market and you're not adapting to what the market wants right I only trail my stops if I get a new volume event so my original stop for these two longs was at 46 quarter right this is where I got long here's my stop based on the ATR and everything else we've talked about this entire webinar now I put my new zone so watch how this will change 46 quarter was my original it's not gonna change a ton but it's gonna change 41 57 50 is the new top of the zone new bottom of the zone is 55 75 before I hit enter what did I say it was 46 quarter and watch this now my stops 51 50 so now I just saved potentially six points of loss based on a volume of that not because I don't want to I'm just gonna trail it now it's been a while I don't want to lose my car payment right guys please stop enforcing your will on the market take what the market's telling you this is 51 50 so this is one little exception right here right so you can see where where would my stop be if I stopped out 51 50 it's smack dab in the middle of the zone the same zone it just bounced off of do I really want to stop out in the middle of the zone where it could still bounce no so I will just sacrifice one point a point and a half ish on my stop just below the zone instead of in the middle of it I can't tell you how much money this like if I'm looking at my spreadsheet it's just happened last couple days it's costing me a ton of money where I'm just looking at the spreadsheet I put I just put my stop in real quick and I move on to the next market then I get stopped out and I'm like oh you gotta be kidding me I stopped out right in the middle of the zone just get it sacrifice the extra point or two you got to determine you know if the zone if you were stopping out right here your stop was right here well do you want four points that's up to you to decide I recommend you do that but if you don't want to risk another four points then just stop out on the zone but if you can get your stops out of the zone so actually I'm going to stop out for these ES longs if they come back it's 10 minutes to an hour to get the four weeks in the auction so the US selling 50 billion dollars in four week bills with a private with a cover of three to eight and a prior high yield of four spot zero three percent as well we expect the government law makers that is the economy the release at the bottom of the hour so 1130 eastern sign as well we expect comments from Bank of England 10.75 all right those are working so got two strategies long and then what could I do well barf's always in play so say this does this Bank of England speaking of another barf so you know what I'm saying so you can see on days like trend days where you get set up set up you can have one, two, three, four or who knows positions on and all you're doing is you're traveling your stop to the most recent event so the last one may lose but then you make money on the first one the second one the third one you see what I'm saying so you catch a nice trend day too these markets all right so along those I still short on and queue I need to trail my stop and gold because I have positions on so we'll go over this here shortly in a second but I'm doing the same thing here in gold where I had my stop so I was short you can see this trade here this was morning there was an Izzy up here and did I put barf on too hold on I can't remember it feels like three years ago I have Izzy and barf on so that was this but this is another example on why you want to get your stop outside of the volume event so this came down I got short on Izzy we'll look at the bigger picture here in a second Izzy is aggressive then it did ATR retest failure I got short barf then my stop went and ATR above the zone so I forced this market for me to be wrong to get come back to ATR or whatever however far it's gone through the volume event then another ATR and then I'm like okay uncle he went right did that do that no it certainly did I panic out of it no this is what these markets do it didn't show me you can get through that zone never got stopped out now I have a profitable trade on my hands do I'm saying this is why I put the stops where I put them sacrifice extra if I would have said yeah I'm gonna get in right when it gives out of the zone and I'm gonna put it right outside well guess what would happen that's why I forced it to get an ATR out of there because this is all adaption I've adapted over the years of trading these to figure out the best place to put your stops risk more points trade less size and don't get algode enough chirp and let me get this volume event in before it rips up on me as you can see here this was 225 so nice there it looks like I remember I just want to put all the prices in the zone and this spike my room's texting me and something must be crude stops LCL 215 contracts I stopped out of crude again today crude's giving me the finger today smoked on the barf's in crude today this is trading man you're gonna you just keep putting them on right having a good day, not a good day but I had good trades in Nasdaq crude's losing, gold's working that's why you want to watch multiple markets too 28 28 2012.8 that's the top of the zone so you're gonna see my old zone in here and watch the difference here in this stop so my original stop was up at 215.2 now I put the new zone in 2.0218 sorry 2012.8 not hard it's not that difficult bottom of the zone 2010.03 ATR is 2.51 so now my new stop on the short 57 so I just saved myself over 100 ticks so my stop was ATR was now with a new event I bring that puppy all the way down here and the economy stops me out and we are expecting a bottom of the hour not the easy but the part so I put those in and that's how I trail my stops I trail my stops based on something that happened in the market not because I don't want to give my money back and I want to break even whatever you guys are doing with your stops that's why traders don't make it one of the main reasons these algos are designed to snap back hold on I can't talk into the things at one time those are working you don't think that these humans program these algos correct you don't think they know how traders trade you don't think they know you don't think they can pick up when there's big size in here and then when there's nothing going on when there's nothing going on then they start their games so everybody who's short who trails their stops gets stopped out because they play their games that's what these guys are these algos firms are here to take your money how do you think they're funded they're funded by taking the retail traders money so stop being algode get your stops make them prove they can get it through these areas right I can't stress that enough you guys are just costing yourself money by falling into their hands it's a competition this is not like a free-for-all they're trying to take your cash would you let someone come in your window and take your wallet off your desk so then why are you letting them take your money in the market it's the same thing it's just in a different form don't get me on my rant my algo rant this is part of the reason I'm doing this I said it last week too it brings me great joy to teach you how to fight back against these scammer manipulative these markets are completely rigged they're rigged because they're pushed around by size by the big money if you can see what the big money is doing you can fight back it brings me great joy to teach you guys how to fight back why? because they took my money too going from a million dollar trader to couldn't make a dollar so I have a vendetta for the rest of my life I'll have a vendetta to one become a multi-million dollar trader again and I'm ready with this stuff and to teach you guys how not to throw money and give money away to these scammers that's what this is take it for what it is I'm not complaining most guys are like I can't make money because it's all manipulated yeah it is manipulated but you can see what they're doing if you can't beat and join them that's what I keep saying so that's where I take pride is teaching you guys how to stop giving money away to these alright that's my rant let's see if there's any questions I didn't know I could stop that a crew that was pretty shocking hold on there isn't any setup here alright I'll draw this and that's actually a lot of stops this could be another dumb and dumber that I'm going to add to this long I'll draw this real quick 413 remember threshold in here is only 150 I'm going to draw this try to get to some questions before I have to hop off here because I have to make way for the other educator it's a good following I know that I can't even hear the squawk by the way so that doesn't work turning that down hopefully he's not saying that I'm expecting the whole week to all tune as well as the text release I'll lead with you let me see what I'm saying I'm just going to join you out that was a while ago I thought I'd take a look at NG thank you Dak well that's what I wanted to do I forgot about that too this is not the problem I'm not going to show you these webinars but I can't I got to do everything on one screen I just can't it sucks I miss trades all the time 7717 to 7699 I'm not going to change my original stop in there that comes back down and stops me out that's fine but I could trade a new long here in crude so my original long was at I got a long 7750 I just missed the stop I don't know how I missed the stop but this is why I'm forced to get stopped out now it's almost back to my entry that's nice that doesn't happen very often take cover guys something's wrong here if I didn't get stopped out lightning might strike your house by listening to this webinar 7717 the new zone 7698 is your bottom year's own ATR is .217 alright so now validation price to make this new setup long and needs to touch 39 if it touches 39 retest failure I can go along the barf again at 42 this got definitely out to 39 and hey look it's coming back to the volume event I literally said it 10 times a day in my webinars just because it just it amazes even me and I know what's going to happen it's just uncanny it's uncanny how often that happens so let's just bounce off this prior one I'm waiting for a retest of this stop run if I get that I'll put in on another barf guys you see how it brings order to these markets like if you're just staring at this thing your head's spinning like what the hell's going on here man like what why it looked like it was going down I was going up it's going down it's going up if you understand what these what these elbows are trading off of and what they're bouncing off of you complete your columns can be here like yeah it's just bounced off this prior event I'm waiting for this this event and then probably going to bounce you're not freaking out on this you know exactly what's happening this brings order to everything in trading did I mention it's the strongest edge I've ever seen alright as quickly I really really really want to be along this market I've been long got out yesterday last night this got through an Izzy I would still probably take this Izzy though just because this market so first of all this was way over this period probably more then it was a fail breakdown that's bullish in its own right then all we're doing is coming back to the high volume note of this guy you know if this fails then watch out below but I have a strong suspicion that's going to happen and I still won't wish this market what does that mean well I can trade my bullish setups larger size but this I mean I don't take shorts no I take shorts I'm a day trader I'll trade bigger on the bullish setups right let me get this off here this is the new thing where wait till you guys see this thing wait till we start to have webinars on that's the market pulse the new version that I had them gave them a recommendation to build it a different way or set it up a different way and it's awesome and they listen because they're awesome that's why I use them they've saved my trading career and I don't know if I've ever mentioned that would not be here right now guys it was for book map that's why I do the webinars that's why I rave about them nonstop because I'd be sitting in a doctor's office right now in the waiting room with my little briefcase waiting to go in to kiss a doctor's ass this is a lot more fun I kind of like working for myself better than kissing doctor's asses with the God complex if you're a doctor no offense but you doctors agree that doctors have God complexes and you try to sell them stuff it's just you got to kiss their ass so I much rather be doing this the point is because of book map I'm back in the game alright so we got a while here I'll take these trades I'm not going to get into that right now I'll do that after I want to see if there's any questions for after I've dropped off because we're running into that time there's a lot of stuff in here let me take a drink here Michael Pughett I think you're in my room too guys if you're in my room just we have a pressing question ask it but other than that just leave just ask in the room and I'll answer when I'm done with these webinars Ron Cooper my first exposure I didn't see where there was any training or archives to learn your process or website yeah so that's another thing I keep forgetting to do Bruce would always do it so first of all this is my website very it's very high tech or very complicated my name trader dot com so if you go on here this is the homepage first of all I show this every webinar I know but there's obviously new traders here all this stuff you get discounts book map click on the banner you get a discount so it fits we even got into that this is incredible this is what I'm using the room uses it you don't need to risk your own money we're right there risk our money not yours actually today's the last day they have like a 90% off sale they have sales all the time and I've never seen 90% take advantage of that you click on this my code's on there it's pulsating 50 use that for the to get the 90% off or any other discounts that come up in the future hero it's not free but you get an extra week for free tick strike that's this thing that I've used been using this for 12 years can drive you crazy but it's very important Traders sink we haven't gotten I really wanted to get in this today just had a chance I wanted to show you guys a couple things we'll do it next week but that's that here's my trade room you can these different plans monthly quarterly yearly you get discounts obviously the longer you go out and if you're a member you get percentages off my courses and courses and then here's my SI indicator course right here this is the older one it's still relevant she's in the setup she's at the principles behind it coming out with a new one soon if you do get this one and you're a member of my trade active active member my trade room when my new one's released you will get the new one for free and then these are other courses these were done by my former partner but he was an expert in IQ he traded a different way this is not how I trade but if you want a different view on it I get good reviews on that too the sweep shows on his as well and then get the way I feel is mine that was on stocks when I was trading stocks when I was going to get back in the game seeing me in the touch futures because I was so jaded from making millions to being knocked out of the game alright quickly see if there's any more and then oh yeah Michael already said he was in the room thank you Michael does the room go out there? well yeah the room there's guys there's 80 plus traders in there and I've done no marketing I'm going to do marketing with the new course there's going to be hundreds of traders in there I've done the only exposure I have is these book back webinars so there's going to be there's already a lot of a lot of very capable traders in there posting charts all the day long I post all day long but I do live webinars eight a.m. and eight eight fifteen weekdays eight eight fifteen it's about an hour and a half every one it's just like this hour one half every morning and then I do the final hour hour the day as well just like what I'm doing here It's gotta know you're pre-trading many markets, but you think it's better for newer traders to just focus on one market. It depends on your bandwidth, but yeah, until you get the setups down, one or two, I would definitely get another market besides the yes. That's where I made all my money and I hate it now. Could you please explain why Clutney doesn't feel, doesn't feel when price goes away? I'm assuming you mean fill because this is why these firms use icebergs, because they put in big orders and the markets will run away from the order. So that's why they have to hide the orders. Someone puts a 2,000 sell lot in here, these algos will run it away trying to get them to chase it. That's why they do icebergs and that's why the market comes to liquidity and runs away from it, because the first time it senses it and runs away. It eventually will fill, but many times it'll run away. So that's why I would be careful if you're playing for liquidity. You don't have to wait for it to fill if it starts to run away, get out of some. What settings do you prefer on this SAI sub chart? That's part of my course. You can get that for my room. If you need a specific market, put it in. I'm using, I use reset setting and the like ES is the thresholds of 500 for stocks, 700 for icebergs, so I'll put that in. I use, oh no, yeah, I use the reset setting. Center for Scass Room, looking forward to learning more. You will learn more guys. I mean, I don't know how, this is exactly what I do in my room. This is what drives trading. And it will start, if anything, it'll make sense to you. Like you start to understand why the market is doing what it's doing. And that is the biggest thing for me. I have no problem taking losses. You better be ready to take losses in trading because it's a probability game. But if you can understand why you took a loss or why things are happening in the market that's night and day, then sitting here confused is crap, like in Chopfest, like what is going on here, right? So it's like, again, you're staring at this, you have no idea that 2,000 sell-outs just came in right there, right? That is gonna determine what this market's gonna do here. That's what I'm talking about, that's what I'm talking about. All right, guys, I'm done. See you next week, we'll go over the Trader Sync and Apex. Highly recommend that thing for you guys to practice, but you have a little skin in the game, especially the 90% off, it's kind of ridiculous. And then if you do well, then you're funded. You don't have to trade your own money. So I will see you guys next week. Hopefully you guys learned something.