 Good morning traders and welcome to the all markets live order flow webinar with Bruce I'll be your host here. So we'll go through live market analysis and understand the order flow On a minute here. Am I broadcasting live market analysis and understand the order flow? Yeah Okay, and and we'll go through whatever market you guys want to take a look at typically is the SNPE mini that's what we'll start and See if there's any stocks or other futures markets or crypto markets that you want to take a look at General disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice No recommendations risk disclosure trading futures equities and digital currencies Involved substantial risk of loss and is not suitable for all investors past performance is not necessarily indicative of future results All right, let's jump in. Let's take a look here and what's going on in these markets and The pretty pretty back and forth in here So in the order flow we see right now. Well, there's a move to the downside here It looks pretty good for follow-through into 76 to 75 We started off the cash open to the upside and then you see a lot of selling coming in here And we're down at the lows of the day here. I'm looking for sellers to press it Okay through this area here and try to explore lower prices here All right, so let's just zoom out a little bit more and take a look So we're in this big range in here, but look at the sell volume in here Okay, quite a bit quite a bit of selling in here now so we look for The sellers to continue to press it more selling limp our market sell orders and Less limit buy orders Therefore we're looking for price to move more to the downside here now That's where book map comes in handy because we look at these areas in here and start to understand where the limit buy orders are And we don't see a whole lot of activity in here. There's some in here It's not a whole lot though We're seeing more sellers. Okay, but a flare flare up here in buying here That's that's a you know, it's okay But I see the sellers moved it away very very quickly just recently here. So Scenario one is looking for anywhere within this zone here It is looking for exhaustion on the buy side and more sellers to come in And well actually it should be all the way down to here, but in this zone especially And because this is where the sellers took control of the market and and move price lower Good morning now, Louise Usia morning Debra All right, so let's see the sellers right now Pick it up here and trade into 77 to 70. Oh, I don't know maybe 74 75 let's call it right. So that's the simple scenario number one Okay, because of all of the selling Right scenario number two Okay, well, we'll see if this this may unfold as well Okay, is this is where the sellers initiated this move to the downside And where would they be upended? Okay. Well, we'd look for kind of The buyers start to come in and test back up to this 81 75 And then take these guys on up here at 80 82 or in a half or so And then try to lift that market back up. Okay, so That's a that's a pretty tall order So, you know, we'll look for it in here, but We're just kind of a kind of going back and forth and in fact at the moment here Right, so what here come some buyers are going to try to lift it up into 82 and a half All right however Again from this point onward in this time frame the sellers are in control All right, so We're looking for again even on this move here by buyers We'll see a few different scenarios in here that we're looking for one is that the selling absorption loss of supply here and then sellers aggressive sellers to come in and Drive it right back down to the bottom of the range or the swing low of the day All right, so that would be again scenario number one is what we're going with because of this Volume in here and this move, right? All right scenario number two Would be and we'll look for either of these And we'll keep an open mind It would be that we get buyers back up here. These guys pull that liquidity at 82 And we see more on the bid at a higher level and we find big green dots to take these guys on up here at 82 and a half or so All right, so one or the other is what we're looking for Okay, and it's this zone in here where we're going to get our answer Okay, looks good right now for sellers to take it down Okay, we've got we kind of breached up above but we're back in this range in here so let's see we're looking for sellers right around this 80 level and Then for them to move it down to 77 Okay, we have them on the offer here. We see sellers on the offer up here. What is the reaction? Okay, we're finding sellers. All right sellers then. Let's see you try to move this market now down to the buyers at 77 Okay, I've got market pulse up here two different versions of it and we'll cover that as well You on YouTube you can hear that That's the support and resistance one Which will be renamed Okay. Well, this is this is really kind of Pretty poor order flow to be honest like down. We're looking for sellers to drop it into 77 and look at the poor Like quality of selling in here. That's not what we want to see And we want to see them up in here like this kind of selling in here looks pretty good More would be better big red dots moving that market down. Okay, so That's that And we're back up in the middle of range. In fact, look at the selling down here Okay, there's almost none very very little Hey, this is this is not what we're looking for All right, so this is we've not seen a high probable move here at this time Okay, in fact, we're seeing buyers up in here a little bit a little bit up in here It we're just not seeing much here. They made a lower high And now we may we may get our sellers now, but we need to see them down here They need we need to see the commitment here And I want to see this liquidity come back down as well And I want to see these guys pull and they are at 78 Okay, but but see how it's dark in here Watch how buyers can very quickly move it back up. All right So if we're open to that risk, then it might happen, right? So we'd stay away from it Okay. Well, we finally got our move in here to 77 But like I said due to this Lack of selling here and the selling finally started to pick up here. I just didn't like it Did not have all the pieces we're looking for for The potential to reach these areas 77 and 74 Okay, now it looks like the sellers want to move it here. Let's let's take a look though So you can see that basically as we go through these things in here in the order flow Looking for something a higher problem probable or probability here of it working out is You know, there's there's some some Opportunity I wouldn't say they're opportunities that we there's a lot of things we kind of pass on Until we have an alignment. Okay in the auction auction is telling us something Okay, and then we're looking for that that's something to give us the insight to The move to a certain area morning Harry Manitra Harry Manitra All right So anyway, we are at Lowe's for the cash session here And we do see some pretty good selling here Okay, how many points is this 78 down to 70 76 That's two and a half points. It's not enough this commitment in here And we're looking for commitment And if sellers Only commit to like a two and a half point move in here Well, then that's not really moving the market And it can get upended right right up here And we could get buyers back up above that Okay, so is it worth the risk? If this is not a really strong move here Okay, which kind of brings us to let me look over and in discord and see what's happening over there Everybody oh shoot. I'm sorry you guys in discord. You are not seeing my screen. Okay. All right, there we go Sorry guys, I should have checked on earlier Okay, now you can see it though. Yeah, okay so anyway, I was just talking about this move in here and and Yeah, thanks. Thanks. I Louise and this Yeah, this the sellers are in control here from from this point on right that's something we noted But we just didn't see anything really substantial in here We did have the rejection here and we did see some selling in here. This looked good in here But not down here. It's not what we're looking for and then we finally got another retest And then we did get sellers for the follow-through to the downside, but it hasn't been that convincing even this move down below Okay, it's it's kind of taking its time. Look at the the the selling looks good here a pretty strong selling It's matching this in here However, look at the points move in here All right, it's not so strong All right, so It might be absorption on the other side It might be just Maybe large iceberg orders or there's just a lot of back and forth in here All right, so we're not seeing a convincing move here So then the question is do you want to put the risk on if you're not too convinced by the selling? The the seller's condition in here. All right So that brings me back to this point in here that I want to go over if We go to book map calm we put together this Strategy for you and we're putting together a lot more right so Go to the learning center say so go from book map calm Here to the more button to the learning center in here There's all sorts of videos on how to get started with book map and get connected And then the market mechanics video is what we go through all day long in these webinars But strategies and setups in here a new course. Okay based on momentum strategies and continuation patterns Hey, we have one continuation pattern in here the bull flag setup and what to look for a in a diagram form We have it here very simply Di diagrammatically laid out for you so you can understand what you're looking for And then we also have it here And making that transition from the diagram to seeing it in in book map And then finally the third video here, which is the most important one is the Execution okay, so you move from understanding it and concept and diagram understanding and seeing it in book map and then how to execute it what to look for and we have This checklist in here that should be very helpful for you. Okay, the The checklist should Really make the difference in here right so in fact let me Show you underneath your resources there's a flag pattern checklist here look on that and you have this Excel spreadsheet All right in here you can go through and look for Certain things identifying trap traders and developing scenarios. So we were just developing scenarios in this webinar And this in the consolidation area and then the impulse move the pullback the entry second impulse move and target and exit What to look for right so? Yeah, I highly recommend that you come here and check it out. I'll put the link here into the chat for you Okay, and here come our buyers now look where our buyers are coming in Okay Now that means that all of these sellers in here can get upended. So let's see is there enough buying pressure now? Are they bidding up underneath did they pull here? Hey, well, we're getting a bit of a pullback now. All right, so this is this is actually can turn into a nice flag pattern for us Okay, we can look at all of this in here as being trapped Okay, so now we're looking for the second move and we're looking for buyers to start to come in Somewhere around Well, let's just see here somewhere around up in here 80 or so Okay, now we're looking for a flip of the order book in here. There are buyers Hey, they're on the bid here a bit And we don't see too much in the order book here Okay, they're on the bid here. This is good buyers. All right buyers lift it up into 82 to 83 here is what we're looking for. Okay, this would be our flag pattern All right now why we went through this whole order flow Reading in here. Okay, and what we're looking for first is to identify traps Okay, so this these are this is a lot of selling in here So we're looking for them to be trapped in them to be buyers up into here Now the but the the seller the buyers have pulled it away here And made the first move and now we're kind of going back and forth in here. Okay There we go looking right now for these buyers in here to lift it up into here 82 to 83 Hey, the bid looks pretty good. We've got that on our side And we have a target here as well. We've gone through this scenario that this is what we're looking for 82 to 83 Okay, now. We're just waiting For those buyers to show up. Okay, they started to show up in here. We got another rotation though Okay, here they come again Hey buyers, let's see it You got it Okay, we can look at some measured moves in here as well something like this To something like that Okay, so 82 would be our first stop Rob any questions on this. Do you see it or let's see who else is in here? Okay, we got one more move to the downside here Still looking for it to play out Debra any questions on this in here? Okay, there's 82 now. Let's go up here and take a look here. I mean 82 is our target Right But I think there's still some more buying pressure in here. I think we can look forward maybe 84 83 84 right is taking these guys on up here. So Yeah, let's see if they can can do that now We've got enough buying pressure in here to do that. Okay, so we're still looking here There's 83 Okay, now this was tricky in here this part about your trade execution and your trade management is tricky Okay, we're still looking for this to work though and there we go Okay. All right, so let's go we'll go over this down here because this will Help give some insight here The first off, let me see if there's any other questions Okay, and and we'll go through the checklist in here as well. Okay, what we're looking for Right see here Rob any any questions on this in other than I know I know we're gonna have questions here and I will address it down here Okay, but you see how we're putting these things on our side This is really the key Is to we want to put as much on our side as we can and how do we do that is by? Everything here behind us Everything well, let's start here all of this behind us. We want on our side as much as we can Okay, now basically It's up to here is where we as much as we can get on our side to be honest And we have to look for something more up at 84 Okay, it is this in here that we're looking for the buyers to test into All right, so and this is a really important element Because we don't have to myopically look at these little areas in here And then look for the order flow to shift and change and go up into you know here or there or wherever What we want to do instead is we want to read the recent order flow Hey, depending on your time frame doesn't matter, but in the recent order flow and where we might have an edge and put them as many like players that In the auction that we can put behind us here like to support this outcome this view and why All right, so That that's really really important in here all of these check marks check lists and all that kind of stuff It is all in here. Okay in this Set ups and strategies area right here, okay, so You know go through these videos and then go through that checklist And then This we've got another one that we can put in our back pocket now in and this is something that we can back test right And and look for it again and again and again All right, so and and this Will give us confidence All right, so Rob like for example Once we see enough of these in here This is it just comes down to execution. Okay, you you've checked marked You know what it is you're looking for you have the players on your side Okay, now They might it might not work out Right, this one did and it's over. It's over it achieved its target Okay, and and maybe the first target is right here and we got more out of it here but We just came up to the swing up here and that's it Right, so and we were looking for more out of it a little bit more Okay, but here's what we had on our side first off We noted and we went through this order flow reading in here Early on in the in the webinar here's 10 a.m. Sellers move the market Okay, and then we're looking for them to continue to move the market and then we had our back and forth in here And then we went through well, you know like looking for that kind of getting an answer up here And then we saw that it rejected up here. We're looking for sellers in here We got sellers in here to test down here, but that's it. We didn't get sellers here Okay, we did get buyers to move it back up and they made a lower high in here Okay, I do not see much in here. There's some selling coming in here. It looks okay But it's really not until down here. Do we see the selling? And that's not a good area to sell to look for the move lower Okay, now a lot of times it works out We didn't have pieces though in here. We didn't have the offer following down with these guys kind of pulled kind of stayed in the in the In the market in these two areas here a on the bid So we kind of had pieces in here looking for that to go lower but That's you know hindsight. Hey in real time. We went through this and we kind of shied away We're just thinking well, you know, no, we don't have all the pieces and then we noted The auction process in here Lots of selling Okay, lots of selling However They're not really moving the market much, you know, we noted that it was like two and a half points in here S&P points. That's not too convincing And then we still see more selling down here. It's just not too convincing right and And then what we have is the buyers come back in and start to move this away and we found buyers in here Okay, that's when we identified the selling in here as the trap And we're looking and we saw this move unfolded here now we're looking for a pullback move and we're looking for our extension Right now. This is tricky in here. It is Right now and and this can kind of shatter some confidence in here because at this point in here buyers have it They can move it They kind of exhaust out up here sellers come in and come back down to the bottom of the range in here and You know, this stop was hunted down here below this range in here. And in fact, let's turn on the stops and icebergs stops Hey, and not too many actually not too many were hit here. That's kind of surprising But we can also read the strength in these moves in here and they're not that great I mean, it is it is strong stronger Relative to other areas Hey, that's important. We want that relative strength in here by the buyers Hey, and we do have some hey, it could be better. The points move could be better as well Right, but we do have and we'll go through the checklist. In fact, you guys like, you know Development was kind enough to develop a very Rudimentary and we'll work on it a little bit but a book map checklist in here is gonna called it's gonna be called setups checklist, but We have the same elements here from that Spreadsheet we have it in this little add-on in here and you can score it as well Okay, so we first we go through the checklist in here and de-de-select them all And go through one at a time in here Okay, so what this will make it higher probability Right, so what do we have in here? Do we have we identified trapped traders in here trapped? Buyers or sellers. Yeah, we did. Okay. It looked pretty good, too So I would give that an eight could be better Then we developed scenarios on what might unfold and that was pretty good I'd give it like maybe like a six or so out of ten The large price movement do we have that not not really right? It's not that strong Pulling away from this consolidation area in here. That's not so great. So maybe a seven on that What about the relative strong relative volume in here? Hey, we just covered it. We give that like an eight It's not bad Right. So that's that's okay. What about absorption of high liquidity on the offer up in here? Yeah, we got that Okay, so that that did unfold and Give that an eight. Do we get a minor retracement? Yeah, this is where it gets tricky. Yes We do have kind of a minor retracement in here. It's of this move in here. It's roughly about 50% Okay, so you can see the move back down below here and yeah, I'll get to that. This is sore point here the So we did have a kind of minor retracement, but it wasn't that good Okay, maybe maybe like a seven or Yeah, seven. Let's call it low volume on that Not not so much You know, I I would give that maybe a Like a seven as well. Hey, maybe even a six Hey, what about bidding higher? No, we didn't have that. Okay, so what we're gonna give that a We have a we had a little bit in the book here a little bit I don't know. I'm gonna give it like a five or six And then large price movement. Did we have that? And not not really not not that strong of a move, right? So you can see like we're not really getting a really high probability trade here Hey, and Good morning, McLoko. Welcome back then Relative strong volume on the second impulse move It started to come in. Yeah, it looked pretty pretty decent relative to the first one looks pretty good, right? Hey, so we've got we've got some of that. Okay. I still maybe an eight seven or eight relative strong volume as well as seven or eight And then absorption up in these areas up in here. Yeah, we finally did get that as well Okay, seven or eight. So we have like a seven point one eight. We need an eight or higher in here You know, so this it doesn't really fit everything for a high probability trade Understand Rob like what you know, how we can filter away some of the risk here and then we don't take it right so Or you know, it did work out and we were looking for it to work out Okay, but We can really refine it in here and we get really good at reading the order flow and the condition of the auction in here And we can look for these to work out Okay, so now What about this in here? Hey, this is tough We we're looking for the move in here Right, and instead we got one more push down below before it pushed back up Yeah, that's that's a tough one because if if you're getting up in here Well, this this is how you can handle it if you're looking for it to work. Maybe here. That's not bad that's not bad and You know, you're getting kind of in the middle of the range and looking for it to work You do see some buyers here now one of the things that You can look for as well is the same thing with trapped volume Okay, or stop runs look for the the trap first or the stop run first then here You're looking for the move All right Okay, so in here. Did you but did we have that trap volume? Not really This is why look at look at all of this in here Not really right now it depends on the strength of the previous move here Here's how you can start to filter some of these ideas in here It do you see a strong momentum move in here a strong impulse move Not so strong, right? It's not bad for this time frame like we mentioned But it's not the strongest Hey, do we have? Trap traders in here not really now if we did have that strong move in here a Lot of times you don't get that next trap. You just get buyers anyway. They don't it doesn't matter. It's strong Right, so it's just kind of a bit of a break in the in the trading and then it resumes all right, so Anyway, it depends on like if this move in here Let's just try to outline it here. It's hard to go through all these scenarios guys, but if this move in here was really strong, right? And then we get this kind of shallow pullback like this We don't need to get this kind of trap here. We don't need it We're just looking for buyers again like up in here to start going for the second move after just a bit of a lull And because we know that there there's a lot of buying interest We're looking for that to start again If we don't have that Okay, and I'm just gonna have to clear all the drawings here if we don't have that We can look for maybe this to unfold in here Hey, this is where we can we can really start to refine it based on the impulse move What we're talking about here is not so much a flag pattern again like I Put the flag pattern in there for the setup so that we can understand what Relate to what it is, but it's this that we want to understand It is the momentum It is the trap and it is the momentum we want to understand Okay, then we're just looking for a bit of a break maybe a Bit of a trap a stop run and buyers to come back in to continue with the momentum right So this is a way to start to filter it now if you You got in here suppose In here and you start to take it back up and you maybe you put your stop down here You got stopped out you can always get back in Right if if you miss this and you're like, ah, you know, they they stop ran it, you know or they they you know, we had some a Test below the the range in here and then then we see buyers come in you can get back in Okay, and then look to Oh, what are we we say it was a 82 Was our first first area and then 83 and 84 right, but we're putting these pieces together Hey from all of this behavior. This is the wind at our backs Right and this works on all time frames Okay, so Rob what I'm and I'm not trying to pick on you Rob Just the reading here is to understand this these strong moves Pullback strong move. That's what we're looking for. So let's take a look here. You marked up a chart And let's give some feedback All right guys. Well, we're gonna do this on Thursday as well we have a book map Academy meeting so we're gonna give feedback on the Users or Academy members on on Thursday at market close Strong impulse move. Okay, so that's good, right? Yeah, I don't know. I mean I I do see that you're looking at something else now This is not the setup. This is your setup. You're looking at VPock here Right, and then you're looking for your second impulse move. I this one looks really good in here I don't really see it as looking too good in here to be honest I Know we mentioned exactly this area where it started to pick up and then we had the kind of double bottom exhaustion in here But this is this is the second impulse move Right now there's a few things you don't have in here though you identify the strong move. That's excellent Rob There's no trap up here though. Hey, there's no there's no consolidation period that Gives us the the trap Okay, so I'm just trying to just give me my feedback on this right and then we see the move into The bid bid liquidity in here and then yeah, you got an impulse move So you you even saw it us you saw it a smaller flag within a flag. It looks like or no, I'm sorry That would be this one here Yeah, no so identifying this okay, that's good. I see that the agenda a rectangle here Strong impulse move pull back strong impulse move. Yeah, this is this being tricky up here Okay, now it would be really good to see is and there was some Liquidity in the book here on the smaller time frame. It wasn't that great though All right, so now just just to mention though Okay, this is really good Rob. You're identifying the strong move that you want to go with the momentum Right look for shallow pullback and in here. It was kind of jumbled. This is strong buying in here Hey, they just it just failed to move that market really much much higher And then we see the sellers come in and then again We're looking at relative volume in here this move and this strength compared to this one And we were looking for testing up into here Okay, so these were the elements we're looking for right now Identifying these things this is looks so much better Rob Identifying these these elements on the chart is the first step The next step is starting to I Develop the scenarios Okay, what if Right now we're going off of the players and the behavior here order flow and the transactions in the market structure if That is the case Then we're looking for the move back up into here Okay, and we got it right now now as we went through the grading process in here And I know that it we're trying to make it objective as we can It is subjective though, but it comes with experience You know and it doesn't take much experience either like you know in in a few days You could you could be judging these things as long as you can mark them up on the charts You can start to judge them give them scores and then look for the follow-through Okay, so again what I'm talking about in here is not so much about the flag pattern We're talking about momentum and that will work on all time frames in all markets and serve you well For a long time to come Okay, so identifying those moves And and looking for the follow-through. Okay, so now what happened up up in here look at the strong selling it came in So again, look at this trap in here. So this will work also for now start to understand breakout moves now, too Hey selling also up in here like from this point here selling Fires back up above it trying to reach and trying to pull away now Hey, so we got another flag pattern in here, right now. How strong is this move in here? It's not so strong Hey, the volume looks pretty good, but it's not a strong move Okay, so we are still looking for this the second leg in here. What's the pullback look like? Yeah, you know, it's already been well now. It's more than 50% of that move All right, so we're not we're not looking for it may still do it. Okay. It's not on high volume in here So it may still do it, but in terms of momentum. We just judged it Okay, and we understand that this momentum in here is not that strong and there's selling pressure That's coming in to now. Look at the retracement. We were traced all the way back to the breakout point So again understanding and identifying these players in here and Starting to put these pieces together will give us something higher probability And that's all here in the order flow All right, so this is where you get into the trade management and execution part of like, do you want to take it? Is it strong enough? Okay, do you feel like you maybe maybe this is the psychology part here of the fear of missing out? Well, if your objective about your subject or your your objective about your setup Then And you graded it. Well, then it's like the question is can you execute or not in this case? Like we wouldn't have executed and we were looking for this move to unfold. Okay, it did, but it wasn't that strong Right and it looks picture perfect now in hindsight it did it perfectly. That's your flag pattern Here's your consolidation period right, but it's just just kind of lacking some some details in here Right and and it worked out great, right? So and then again, we're looking for potentially another one up here not now look at it, right? We shied away from it. Well, this is a priest. This is not a strong move that the volume is not bad But it's not a strong move Then we're getting a pullback here this pullback alone is like almost 50% And then it started to do it here. Well, then it's off. It's off Right, we're not looking for it now Buyers we still may find them buying off of this area in here or maybe they're bidding up in here And we don't get sellers. Well, we got sellers now. They trade it back into the range now Okay, so again starting to identify The strength and the power of this move and the volume within it Yeah, I really commend you Rob off to off to a great start with with this Hey, and then can't continue to keep it simple and make sure That the next step you take That you can Turn that into kind of foundational step Okay, because otherwise what what happens is well did this and that one did that and and you add other things in There and you're gonna get confused and we don't want that Hey, you want to be able to identify and know your setup The simpler it is the better it is Right, and then that will lead you to your your trading plan Deborah, okay, so this is fascinating. Um, I I hope that This is helping right use that checklist This will be released pretty soon I don't know when like I said they just threw this together really quickly. I mean, we've got such good developers And they just said I said, hey, can we make something like this and they said, yeah, here you go Like, you know some days later But this is very easy for them to do We'll get it More advanced, you know import CC CSV files in here so you can put in whatever you want For your setup so you can see that we're gonna get to multiple setups in here In your checklist make your own checklist Right pretty nice tool Okay, so what now that took some time to kind of judge this in here but You know as we go through this process in here you can do it on the fly As well as like you'll just get good at it and start to understand if I want to take this or not You'll know this after doing it for a few weeks. Now, you know it. You'll know what you're looking for Okay, then you have a setup Okay, and then just get really good at it Noah, can we look at a bigger picture? Absolutely I haven't done that yet. In fact, I keep Avoiding that not not on purpose But you can see it's been pretty choppy day here a Lot of back-and-forth in here So let's take a let's take a quick look here All right, so this is where we left off on the daily chart last week We had covered this talk about momentum moves guys. I thought these were really simple moves to grab Why? Because we had fundamental data and we saw the reaction to that fundamental data by the players They were buying there is no question about it And then it's just stick with the trade Okay, this was this could have been an overnight hold on one of these Again, we haven't this is not a trade recommendation or not. It's not a You know a trading room in here, but when you start to understand that on the bigger in the bigger picture that we have Buyers responding to the FOMC as well as an on-farm. We're looking for the move Okay, and we even noted it on the webinar on On Friday that it had already moved a lot. We talked about eight ADR not not ATR Whatever ADR average daily range Or you know average true range for the day Same thing But it had already moved a lot. So it was still bullish activity. So we're still looking for it to go higher however Not a whole lot higher Because number one is that it already moved a lot. There's only so much buying pressure Before the market kind of needs to take a break and reassess and see if we'll find new buyers and new sellers We also mentioned that this area of consolidation up in here this back and forth and where the sellers came in up here And move this market lower. We're gonna we're gonna see some profit taking up here We may see sellers on this strong powerful move to the downside. They may reengage their cells Anyway, can you guys see a nice flag pattern in here? There's actually they're all over the place But there's two in here actually Let's just take a look at Here, I'll zoom in a little bit more and they're they're they're all kind of rather new So, let me just do a look back here There we go. Yeah, let me let me try it with the bars Okay, so first off We have a consolidation period up here right And then we have a break of that and look at the strong volume and the strong move Hey down to here Good place to take some profit because this is where buyers came in and move that market up Hey, there's a flag in here as well a consolidation period breakout pull back Strong move pull back strong move consolidation period Strong move pull back strong move Okay, so there's two of them in there And there's got to be one in here as well I guess, you know strong move pull back strong move and and then it just continued This is an island gap in here, but Anyway Now we're look at the consolidation period. This is the hourly. This is the 15 minute chart in here And this is the back and forth that we're seeing today Okay, so it's already filled this this gap that it gapped up a little bit and it's already filled it And I don't really see much going on in here right now at all It's looking very sideways Hey, there's wicks up here. There's some buying down here So not not really seeing much Right, even the daily in here Yeah, it's good that it still closed up here or opened and closed up here within the wick But it isn't inside day so far And don't don't see enough buyers to try to lift this higher even test Doesn't really even tested the high here. Okay, it's kind of come close, but that's about it All right, so Noah does that does that work for you a bigger picture? And now we've come back down here. We see these wicks here now We can look for see see we see some buying starting to come in here on the 15 minute chart Okay, so if that is the case, let's take a look at momentum because we'd look for the move right back up to the swing here at 87 86 and a half And if they can and if we see that then we should because this will be the third attempt up here We're looking for the buyers to try to take it higher at that point. Okay, and that is in line with the bigger move All right, so Let's take a look here Well, it's just it's all over the place still. Hey, so nothing has really changed in here We're just back in the middle of this range in here, and I'm getting our market pulse Pinging here quite a bit. All right, so anyway guys. I hope that helps. This is we're gonna we'll we'll Tart title this webinar about momentum and and I guess a flag pattern or continuation patterns Hey, it's really the flag pattern is is not the magic. It's it's not it's far from it. It's understanding the momentum Hey, the the strong buying also the trap and also developing scenarios like we did in here We're looking for that scenario to work out Hey, it did and then we look back and we went through our checklist, and it wasn't even that good Hey, but but we got it. It worked out And that we did run into a hiccup in here for this move back down below That's where like, you know, you'll have to play around with your execution Okay, if this is not such a strong move, but you're still looking for it to you know to come up into these areas in here You can anticipate that this may happen now if those buyers came in here and moved it higher You would have missed it then Hey, and you have to be okay with that Alright, so and then you'd be looking for this in here and it looks even better here But you're it's a little high. It's it's you know, it's too far away and the measured move is not that good Up into 82. Hey, that's another question You know did you do you want to just get in here? And if so your target would be here and there's justification for that your stop could be down below here right, so Then you you would have then you would have taken this Okay, and then you would have taken your your first target up in here and try to hold and look for more out of it All right, so the measured move worked out as well or less All right, so anyway Based off of the previous Behavior in here How good does this look to put risk on and then we what we went through multiple different scenarios in here Okay, what might unfold in here, right and that that's that should be helpful Hey going through those scenarios and then understanding and ascertaining the risk in here now. I would say like Get used to I mean for if you're new to understanding momentum in here Wait, it's not a trade recommendation, but the more that you can play and the more that you can learn from it the better So if you got in like here or here Right looking for that momentum move in here and you got stopped out. Okay, and we're I'm talking about in demo here in sim Then then you just learned okay. Well, this wasn't so strong So this makes sense that this may happen all right And then you learn from it and then if you missed it in here and didn't take it Well, then learn from that as well Okay, so, you know you you may I would say probably the fastest way to learn about the momentum and How to start to identify it is mark up your charts and don't take the trade you can develop the scenarios But don't take the trade have that flexibility in mind that you're not holding on to the trade idea Okay, you can just say I I went through my scenarios. I'm looking forward to trade up into here And and that's that and I would look for my I would have been stopped out on this one I would have been in on this one again though or maybe even here, but this is too high Right, you'd have to have a strong bid underneath here to justify that All right, and then pulling up in here All right, so putting these pieces together And identifying it on the charts and now you can look back and start to say would I put risk on? Where would I put my stop? Where would my profit be? What's my risk-reward ratio? Is it worth it? And a lot of these cases it would not be worth it. So you would pass Hey, and others you're just looking for kind of a scalp short time frame Okay, based off of this understanding in the auction here caddy I Used to stream every day, but now it's three days a week for quite a while Monday Tuesdays and Fridays on Wednesdays. We have J trader going over stocks and then on Thursdays. We have Scott Polsini How would you use book map and market pulse? That's a great question that I want to get into that as well so Yeah, let's let's answer that okay now Another thing To take a look at here. This is this is why I brought this up and and Rob in particular Why I I brought up the back testing with market pulse in here Is and we haven't even gone over steps stops and icebergs in here today. This is another It's an add-on we put together that offers a pretty Pretty amazing confluence. Hey, we're looking for we always look for a stop run to unfold in certain areas because of the trap volume that we identified Down in here. Where are they holding on? Where are they going to get stopped out? Well up in here above that swing I would imagine And we can look at it precisely and see that that's exactly where the stop run took place that's what this is Is what fueled this help fuel it? All right So stops and icebergs is an amazing confluence. It is a confluence though Right, it is not a signal now market pulse. Let's go over market pulse Hey, and then how to bring this into as a confluence as well Okay into your trading now. I'm using Volume pressure right now and I've also got support in your distance in here I think believe there's a new algo in this as well For the support and resistance Okay. Yeah, it looks like I got it here. Hold on a minute. Okay. All right, so we can we can install this new one here excellent, I Will close this one Add it Guys if you want access to Market pulse a lot of these new algos in here you can get it for free and be You know Using it to look for edges already if you're interested in that Let me show you where you go You need to go to you need to sign up for the academy That's that's one of the things that you get as a book map academy member in here Okay, so go to book map comm slash academy and then you'll scroll down And you can read about it in here the different steps and you can sign up here It is free to sign up and we're gonna we go through your trades like we're going through Rob's earlier Crash f16. I'll go through yours as well in just a minute and then what you can do is Get access to here one of the one of the benefits you get access to pre-release new products and add-ons Because you're part of the academy in here and you start creating content based off of it We're happy to give it to you And hope that you can find an edge using it here. So for example I'm gonna add in I just downloaded the new one or Market pulse here. I'm gonna add it in Okay, it's already loaded. Sorry about that To it looks like I need to get a hole. Okay, this is under test phase. Okay, so Now this is not even beta here. So Just so you guys know All right, so let's add a new one in here. We'll do the support and resistance And that can work on multiple markets in here as you can see and the sauce all also turn on the volume pressure in So we got to Excellent it's also in the sub chart here. So Anyway, let me I'm just gonna go through we'll go through the support and resistance one in just a second But I want to go through the volume pressure one Which is this one over here on the on the right hand side this small little widget And the readings in here. Okay, so this is where you can start to back test and look for getting an edge out Of some of these add-ons in here very simply Hey, do you have an edge in here? Here's the extreme value It went above the 70 percent threshold right here and it went green in these little peaks in here Down below went red in these little areas down here now. Here we go, right? Move to the upside in here And we just heard it pinging as well okay, now a Lot of times that you'll see these as as being stop runs in here And you get these moves and then you sometimes like especially in a In a In a trend in a sideways market you can look to fade these but you need to do your back testing Hey, did you get a good reading up in here? Well, you know, this one's a little harder because it you do get it But it's it's right around in here And then you got a retest back up here and you do not get that extreme reading. Okay, and then it's a good cell But and then look at the cells down in here. Well, this these look pretty good, right? So we're trending up if you get a cell reading, maybe that's a good area to get in Hey at the bottom of a range in here. You see extreme reading And it's it's against the trend in here Okay, this is where you can just look for like areas in here And then you get another extreme reading on the buy side up at the top of the range So if you're trading ranges for example, well first you got to know your order flow But you can add this in as a confluence Okay, that gives you some insight in here continue with your back testing right make make Try different settings in here try to get something out of it and You know, this is something that you can very easily add into your setups Okay, and then then it's up to you if you want to continue with it or not So for example, let's take that flag pattern stick with the checklist. That is a separate study Okay, a momentum trade Now take that same Data from that momentum trade and make a copy of all of it and then add in the market pulse volume pressure Do I do I get an edge and you know, do I get something more out of it? So now you have two different back-tested studies in here Okay, they're very similar, but they are there's a difference Okay, that way you you still have your original one and you have not made it Too complex because now you have two And you can disregard one of them All right, or maybe you play around with another setting and make three Different momentum strategies. Hey, how to integrate how is this tool helping you? Is it giving you an edge? Let me see crash F16 Rice Makes morning move down fills the gap liquidity zone with market pulse info. Excellent Just excellent. Let's take a look here. Oh, you got a couple now. You just you just posted another one Okay, let's go through your other one first Just one here Okay, so Yeah, here's your gap fill Okay, oh, you're you're looking at the support resistance on the NQ here All right. Now. These are mine down here guys. Let me take them back off Okay Yep price coming down icebergs By icebergs up in here Yep looking for your retest. Yeah, okay. So you're looking at some different things in here With that same idea that we had about our flag pattern or continuation pattern Yeah, and you're reading the divergence in here. This is really good. I love it So here you have your extreme reading and here down here. You have your divergence. Okay, very clearly Just not enough sellers in here willing to take this lower You're not getting to move into this high liquidity in here That's where you can start to look for your buyers to come in on the other side in here Okay, so you you would have gotten in early on this one Is this is this 82 up here? Yeah, okay So no around the same area we were kind of looking I think is as well as what it looks like Well, we missed the first move and then we're looking for the second move, right? So you might have gotten in and captured both The move up take some off here and then you can splice back in offer them back up Yeah, beautiful stuff. I really like the divergence reading in here Yep, good stuff. All right, and let's take a look at the other one that you have here Okay, and you're looking at some other correlations. Yeah, this is another tool. It's so good for correlations this market polls Really like it for the the correlated markets. So you're just looking at NQ. Oh Here you're actually trading NQ as well. Okay Yeah, we have actually the market polls tool works on sweeps and absorption as well You're extreme you got your divergence in here as well Interesting divergence here. This is opposite in the divergence. You got a higher Price action here, but you got your more extreme reading here Okay, but they just the sellers in this case the sellers can't bring it down lower Right that it was the complete opposite divergence before You can look for your buyers to come back in Right now it came back and retested that area and then again look at your buyers to come back in All right sellers aren't able to move that market great readings on on market polls Yep, and no so you can put together like a strategy by understanding the order flow at some of these extremes And the market polls readings excellent Yeah, and clearly it's offering you an edge Yeah, yeah Rob again like so you said nice. He hadn't thought about the divergence on the market polls sub chart Absolutely, like this is where like you start to understand some of these things Glad you glad you like the tool. Yeah, I really like it as well start to understand some of these elements in here Rob, I would just I really stick with just keep these ideas in your head or I'm sorry Learn about these new things, but don't let them Divert you away Stick with your your plan Okay, if you if you want to study momentum and that's what you like then stick with it Notice and have some of these other other ideas kind of kick around in your head All right, and then maybe do separate studies on them, but you need the discipline don't look at all things at once here Hey, look at strong moves only Identifying strong moves and look at this in here. Is it telling what is it telling us? This is where we left off on the flag pattern over here, right? Okay, well here's strong move here and Then kind of equally strong almost it's a little bit less of a move to the downside here So where does this leave us here in terms of momentum? It leaves us nowhere We don't know right now. We can look at the you know The price action. Yeah, we made a higher high higher low. Okay lower high now Okay, and equal low in here at least to these swings. So we're really kind of not left with anything Right now. This is where you can look for maybe your range bound trades Okay, so in terms of momentum. Well, I don't really see much the momentum was here and The sellers brought it right back down below it here Right, we were I yeah, that's right We were actually looking for maybe this being a potential flag pattern or continuation of momentum up in up in here Okay. Well, here's where it told us it didn't work buyers sellers exhaustion sellers Backdown and then look at sellers below our range in here. We kind of marked it up here, but it's actually here And the sellers brought it right back down Yeah, it's really the the key here is is you need to quantify and Qualify something Rob. Don't be distracted by all these different things Okay, stick with just the strong moves and a shallow pullback just stick with that Right, and then you can look for it to play again and again and again All right, so let's go back and take a look at Market pulse and then we get to back to some of the questions in here also slow down here. I think it's correct that SR combines not only amount of liquidity Approximation yes, it does it's weighted. I'll go through that Yeah, and I just downloaded a new one. So let's go over it. Yeah, how to use this widget Okay, so is this one here, okay So this one here is the volume pressure VP right here. This one says SR, which is support and resistance which might be Change to like pull stack or something like that And what is it showing it gives actually four readings in here In fact, let me take away. Let me even close right now volume pressure Okay, we'll just go over a support resistance and now this one is new right so just so you guys know and And It should give us some enhanced readings in here Where I had some problems with it before it was it was giving some some odd readings And now it's now it's giving us four different readings and it should Hey, because there's four different extremes in here Hey, you see see those sellers this negative number that means they're pulling on the offer And it's a dark red. Okay, so that's what we're reading in here And they're adding on the bid and it's a positive number in the end. It's a light green or a bright green Right now that'll flip. We'll see that this will turn bright red and it'll be a positive number That means they are adding on the offer Okay, and then if this was turns into dark green then it is Yeah, like like it is see see the flip right there Okay, so now they're pulling on the bid it's it's not none of them are extreme The threshold is a 70% right here. Hey this little white line in here, and we do not see it crossing it right now Here it crossed it Okay, and we see that There was more selling on the offer. Well, that's a good reading It was pretty pretty pretty good reading here here there see that there's a dark red in here This is what the developers did. They made it the dark red. It's kind of hard to read It's dark red down here. So that means they're pulling Right, that's good. That's what we want to see Pulling up up in here. So if they're pulling on the And we see strong strong buyers in here. Yeah, we're looking for it to come up and test in here Hey, they're pulling on the offer Right now we didn't get much buyers in here to move this Okay, now now they're adding on the bid And we're at the top of this little range in here This is the scenarios to go through now again like I don't see anything really high probability here right now But let's just go through it. You'd look for a bottom of the range in here to test Okay, because they're adding here and they're pulling on in the in the on the bid We're just looking for sellers to trade back down to the bottom of the range here As simple as that Okay, it's a simple idea Okay, maybe this is the bottom of the range. Maybe it's this range here Okay So now we can we can use this and go through also some scenarios in here I would look for the bottom of this range Okay, and now I would stop at that now it's going to the bottom of the second one here And we don't know that's gonna happen Right, I just don't see enough trapped buyers in here for to justify the move to the second range bottom of the range here Okay, it did it But we found some sellers able to drive that market lower Okay, so these are the use case scenarios in here now We have look at them pulling on the bid here and still adding on the offer here great Okay bottom of this range and maybe continuation now 81 and 80 Right, they're still doing it. Right. So now we're just looking for more sellers Okay, now, let's go through the settings in here slow down. This is what your your question was about There's we can open multiple in here and we're gonna do that in just a second. Let me go through the settings though first They're all very similar in In terms of settings this one is more complex There's four outputs here the two different colors and then positive and negative values for each buyers and sellers Okay, four different outcomes now the All of them all of the market pulse tools use the training period You can play around with this and do whatever you like All right, try the different settings see what you you can find And and then just hit apply Okay, so I'm just going to continue on with the five minutes This means that it's a continued five minutes worth of data Sliding so always this calculation for market polls for some for this algo support and resistance Is always based off of five minutes of data Continuous five minutes of data. That's it Now the half-life period means that this is kind of like the retracement if there's let's suppose like there was an out output of like a I don't know this is say 200. Okay on the sell side here and Nothing changed in the order book no changes whatsoever in 10 seconds here It's going to change due to the half-life period. It will start to Retrace back to zero and this in this case. It's every 10 seconds So that 200 reading that we had earlier in 10 seconds if nothing else changes in that market, it will now be 100 And another 10 seconds if nothing changes in the order book Then it's going to be another 10 seconds will pass and it'll be 50 now instead of 100 So that's how it works with the half-life period now. There's an extra Input here the half-life Period of the interval this is based off of four ticks This is going on the vertical now and in terms of points is based it the input right now is four That means it's basically one s and p point or four ticks those four ticks are The most important ones the next four after that are Going to be half of the importance as the first four Okay, and then the four after that will be will be based off of those Half of the previous four right, so that that's how it works and That way it's kind of like an exponential moving average or something like the current book has the most waiting Okay, so I like the default one of four and Seems to be working pretty well for me. I Really like this one this Add-on here this algo and I think it has tremendous value Potential value here that we just need to continue to play around with I'm going to add a new one in here And then I'm going to make it Supporting resistance again, okay, and then we're going to go to settings here, and I'm going to I'm going to bump this up Okay, I'm going to use Yeah 32 No, let's go to 16. Let's go to 16. Okay, so the first 16 are the most important And that's what it means Right, and let's click on play and I'll put that one over here on the left-hand side No on the right-hand side Okay, so the first one here is based off of four and the next one is based off of 16 So the first 16 have the most waiting All right, so basically now we're looking at kind of a bigger book and a smaller book Okay, the bigger book one is is the one off of 16 Okay, so the first 16 levels in here the first four points Have the most importance Okay, so we can look at a book skew on kind of a higher time frame and a lower time frame All right, and we can read both of them in here and try to get some insight. Okay, this is odd This is a potential bug in here on Yeah, I'm getting kind of both output As I want to see them separate all right, so there should be another two in here, there's not I guess what we can do is go back to this one and Do not show it in the sub chart can I add it into sub chart here? All right, that's too bad. Well, what we can do though is is Let's come back in here and just turn on the sub chart here before All right, so well the output will still be four here But we're gonna listen to and look for the reading on the 16 one here Okay, so the bigger book and smaller book book skews on different Different levels in here. Okay smaller one pulling adding On the bid so looking for buyers in here and this if we get them then they should be able to move it back up into about 86 Okay, now look at the bigger book in here Bigger book is telling us something else. Okay, so are we gonna get that move? So our do we have a higher probable probability of that move? No, we have two conflicting books here Okay, so this is how this can help Like if we had both aligned in here. Oh boy. Yeah, we're looking we'd all we needed some buyers in here This is going higher Hey, it's more likely to go higher. Hey, let's see if they align here look for that Alliance when they're aligned Aligned then We're looking for the move Okay, it looks like it's pretty good now starting to kind of shift and change just need a bit more buying up here And then we're looking for buyers To take it up into these levels of liquidity Okay, well now it's flipped and we're not getting we're getting confusion in here Okay, or they're they're not aligned basically And we didn't get buyers up in here Right, so yeah, we don't really have something Aligned and if we don't get that alignment, then we're not looking for the move And we need to see big buying up here, and we need to see this these book skews here To both be aligned Okay inside market and then bigger picture market as well Yeah, now they're pulling and the smaller time frame or less points In the book And as it's still not aligned So let's see slow down With the half-life interval Does that negate or reduce the usefulness of combining NQ? That's a good question Well, you can you can just You can you can make the NQ Well, yeah, yeah, it's a good it's a good question in here. No, I think I think the Because you can combine these as well, right? So if I right-click on here and go to settings you can make I can click on Wow, sorry guys, it looks like I even forgot to do this. This is not the S&P now it's the S&P Hey for our 16 book Okay, so sorry about that Now now we're looking at the proper alignment or or the proper symbols here What you can do though you can you can see you can add in NQ and ES in the same symbol and it's going to read both Both books It's going to be based off of the ticks So that's that's how it's going to work Now I'm getting my output here. This is correct. That was my error user error here. Sorry about that Let's come back in here No, we got to come back in here and look for all right So we'll keep this one the same. We'll come back in here and let's take away All right, so here now we're now we're reading the output here is based off of the 16 tick Levels being most important Yeah, slow down, I know that they were also looking at not only tick value, but also dollar value so I'm not because Your your NQ ES is a good question I have to have to ask about that. I know that that's how they're trying to do it before It has to be based off of the currency value not the not the actual ticks I'm not sure about support and resistance though All right, but what you can do is you can definitely change the the values in your and Q No, no, you cannot know you cannot. Yeah, you're stuck with it. All right. I'll have to get back to you All right. Now we do have alignment. Look at this. We're at the bottom of the range Starting to find some buyers. We have a book in balance on both Okay, so we're looking for buyers in here now to try to trade it back up to top of the range Okay, do we see enough buyers in here? Do we have trapped volume in here? Okay, we're looking at we're not looking at the order book here in the heat map We're looking at the order book here off of these two algos in here Hey, there's still there's still there's no extreme reading in them yet Hey, but we do have pulling on the bid I'm sorry pulling on the offer adding on the bid All right, so we're looking for coming back up here Buyers and we want to hear extreme reading would be great They are aligned right now Hey, so we're looking for our buyers in here and we have a higher chance of this working out if we have the book on our side So let's try to get the order book up here No, now they're flipping it's flipping It will we never got our buyers. So I mean these these are some strategies again to back test and this is all new Stuff in here. Hey now Let's see if we can get some buyers in here in this in alignment again in these two different book stacks Pay the bigger book and the smaller book Inside market and and the larger book You have a little bit of trap volume in here is not much Hey, actually a trap looks better on the on the buy side in here to be honest So Let's see if we might let's see if we get sellers down here at the bottom of this range All right, so now we got our buyers. Okay, the books are aligned Okay All right buyers then we need more buying in here to try to lift it now We again, we haven't gotten extreme readings in here though In this book alignment here And we need that We want to hear it in market pulse. You guys will hear it in YouTube Okay, and we didn't get we got some buying up here actually more selling now Okay, again book alignment. Okay. Now we got our buyers. All right buyers should be able to lift this Okay, it's not a trade recommendation. We're just going off of these inputs as well as buyers in here So we're looking for them to lift it up into the high of the range here Hey, this is something to back test Okay, see the book flip again in here and we did get an extreme reading or you heard it across the threshold now we now we're getting the exact opposite and I actually like the To be honest, I like the buying trap here a lot more To look for the the sellers to drop it down into 80 here or lower, right? Here's here's why I mean we we just didn't see quite enough buying compared to To be a trap to come up to the top of the range in here and Maybe it maybe is doing it now. Maybe this is enough selling for that trap a book is still lying on both sides Sellers I think the sellers are gonna move it now should be able to move it back down into 79 Yeah, I like 79 and also this 77 level Okay, sellers run this guy over here at 80 and a quarter 80 and three quarters Take them on and trade lower. Let's see if they can do it We got the book on our sides Both books or inside market and bigger market now they're pulling looks even better and now it's flipping a bit Okay, we got a lot of buyers though in here for a small trap. It's not a whole lot It is a small trap and looking for the squeeze to the downside here This is why like I had mentioned like I think it's so important is to identify who's got it wrong in these scenarios Right, whereas before we said like yeah, you know, we're looking at the these two books and we see some buyers come in But we didn't really have sellers upended in a trap. It was kind of it was kind of weak It would be basically just this little bit of selling in here and it's not enough and we got a lot more here And and we got the sellers now now they're able to move it outside the range Still pulling we're getting a pulling reading here and adding on the bid Still pulling and okay, this looks good. I'm looking first looking for our sellers now, and we're not getting them, right? We got the books We're not getting our sellers. We're getting buyers All right, so it negates the whole thing right so again we're using this tool to try to align order book with volume Okay, and two different readings on the order book in here, and we're just not getting much out of it right now We're getting like kind of some vague readings a few times only a few times in here Do we have the sellers along with the book flip? on both sides here or a book alignment Okay, again, we can go through these scenarios again in here. Look at this one, right? We have some trap buyers in there if we can get in here Or is it going to be these sellers that are trapped? Right, so we'll get our answer right in here Okay, right now We're seeing we're not seeing the book we want to see I'm gonna add actually I'm gonna change the reading in here 16 I'm gonna go even even higher here gonna go to 20 Or I guess 32 is the next one And we'll hit apply So you guys can see this could even work for some swing trading in here if you're looking at your order book It's reading the entire order book as well All right. Well, you know as far as this goes like I cannot wait to Hey, vac. It's market pulse rules available for everybody until Yeah, only Academy members right now vac and Yeah, exactly what a Louise is saying like the price change I'll go is free for all I think looks like until January 31st But the as the Academy members like there is no cutoff period at right at this time So you join that Academy you want access to this then let us know now the first thing you need to do if you sign up for that Academy is You know go to the web page here book map comm slash Academy Make sure you read through and understand what you're getting involved in here It's all free and all you have to do is download a spreadsheet and start to Record your trades or your activity in here Very much like the other Images that you see out there about identifying order flow And then that will start you off the right direction if you get really good at this We you can move your way up the Academy Get book map for free But anyway, so the first thing you do after you sign up you're gonna get an email It's gonna tell you to go into our discord and request your spreadsheet Okay, that's an important and necessary step. We need you to have you both captured in discord as well as our email CRM okay, because Our we're not gonna really communicate very much via email. We're gonna communicate mostly in discord. All right I still like it sell aside. Look at the book Yeah, I see both books are kind of aligned and we're getting our sellers looking for the sellers to now drop it Just drop it into high liquidity 79 78 And maybe we can get down to 75 here. Hey the books flipping again so There we go. All right book Yeah, it's back and forth here in the book But it seems to still be pulling on the on the bid and adding on the offer so and we're getting our sellers here So I'm looking for these sellers to drop it. Okay, you can see what's going on here You volume profile guys. Look at the big profile in here We need to see a lot of selling to drive it drive it away from this area here Okay, we're just starting to show up, but we need to see follow-through on that sell side else. This is gonna be another Potential trap on that by sellers Yeah, I mean, this is this an odd day in here. Look at how they just pulled across here Right so and you can read it here in the in the market polls So they pulled it all across the board in here And then we're starting to find some buyers And so this could be another nice range bound trade actually we'll see Anyway, this is one of the scenarios here to play around with with this order book and then bring in also, let's close that will close the Small book inside order book and then we'll look at market polls in here For volume pressure here it is Okay, so let's see if we get volume pressure coming in Try to try to move this market and let me follow up with other questions in here Yeah, no, this will be helpful. I mean since we control the whole book here I mean, this is total depth of market That means like all of these levels in here if we by zoom you can see there's one contract up here at 52 50 Right and then there's like 14 and 10 down here at 32 50 14 at 32 50 You know that that's like over a thousand points away Right, this is this is all live Hey, so It's the whole book if you want to do that they can boost up the Output here and look for more swing trades. Let's see as far as I can go here on the half-life period I can go back up to yeah, I can go up to a thousand. Hey, let's click apply. Let's see what it does You know, so we're looking at a massive order book in balance here We're getting our sellers guys They're starting to come in so and it's pretty good selling in here We're not seeing much of a movement though Right, so be careful with this. It's not we need to see that commitment of the sellers driving it away from this whole Value area that is today. It has that kind of p-shaped. I'm sorry b-shaped Profile so, you know most likely we'll get the move to the downside or transactions at the bottom here Looking for that to unfold and we're looking for that order book to help us here And you can see look at how well balanced the book is really it's amazing And I doubt it with that amount in the order book here. I doubt we're gonna get over 70% but You may see some skews in here really big skews. All right, looks like we're caught up in the questions Yeah, Abby. I think it could be a total game changer in here These these market pulse algos There's certain things like It can read The all of these levels so quickly right And they and then the output is really clean and clear and that that can be kind of difficult Sometimes in the heat map where you know, you might see it like a book skew on the offer here but Not much on the bid but you see on the bid down here. There's high liquidity So there's subtleties that this will offer in here That's kind of hard to pick up by the naked eye and let me go over to Crash f-16's got one more Take a look at here Yeah, it's pretty it's been pretty choppy at these levels in here, but you can you can give the nod to the sellers in here You know, we saw that in the profile as well It's just look at the cell moves though. It's just not convincing right not convincing bigger picture Yeah, not convincing at all either just markets just kind of a little little rudderless actually and if that doesn't tell it Yeah, you can see the skew to the downside All right guys. Well anyway, let's let's wrap it up. Thanks for coming everybody Yeah, please hit the like button if you if you like this kind of content We'll go over more and more of it and yeah, your feedback in here in the in the chat like what what more do you want to see I Really wanted to focus on and give you guys something about that Set up in here about the momentum Right. We saw a lot of example or a few examples in here looking for that momentum and the They you know, they weren't the greatest in here, but they worked out Hey, so going through our checklist of looking for the flag or the you know strong move pull back strong move You know, that's what we're looking for and identifying it and then You know, if we got if we get those like the strong moves in here That's what we're looking for it to play out, right? Like again, we can identify it. Did we get we did we get strong volume in here? Yeah, we did we did Right, but we did we get a strong move? No, we didn't Okay, so You know, is this something you want to put your money on? No, it's not higher probability Strong move strong move upended buyers coming in back retest back up here So our pullback has been even more than 100% of that move Okay, so you can actually look for the opposite Potentially now you're looking for buyers up in here around this 80 and a half level And then you can look at all of this in here as being a trap Okay, and then we can get a really nice move back up Into here, and that's a potential scenario Okay, and it still fits within it can come all the way back up into 86 in here and You know the end the swing up here. So these are some of the things to take a look at and Identify the trap strong moves and strong volume behind it and the order book as well Tk. It's hard to put all these different time stamps in there, but I hear you. Yeah We're kind of it's hard in the sense that we kind of take what the market gives us right so Yeah, anyway because to have an agenda in here to go through can be can be kind of challenging In in live analysis of the market. All right Anyway, guys. Yeah, thanks for coming everybody and let's Do it again tomorrow and let me know you know Over in discord. What do you want me to go through? What kind of resonates with you? We'll tighten it up. I you know, maybe specific studies Maybe specific market pull studies as well I do encourage you to sign up for that bookmap Academy so you can get free access to this and You know start documenting your trade activity and your order flow Hey, that you know is how you're gonna get much better Rob has made some huge steps here. I crash f16 slowdown Stan Many others in here are doing a fantastic job Okay, and then once we start to identify some of the elements on the chart you can look for these scenarios to unfold Right. Just like this one is starting to unfold here And do we have all the pieces even in this move here? No, we don't Hey, we're looking for our big volume dots. We're getting that but we're also seeing a lot of supply here in the order book You know, so that's not good But we start to identify these players in here and then we can look for these potential moves Thanks for coming everybody and we'll catch up with you tomorrow. Good trading