 All right, good morning. You guys hear me in YouTube land? Put it in the chat. If you can hear me, that'd be great. Can hear myself, so you should be able to hear me. Can you hear me, space cowboy? Let's do the disclaimer and then I'll be back in a second, 90 seconds actually. Risk disclosure statement. There was a risk of loss in training stocks, EDS, commodity futures, derivatives, options, foreign secretive currencies. This risk can be substantial and therefore investors should definitely consider financial stability prior to trading. Past performance is not indicative of future performance. The software, strategies, chat rooms, websites and new associated websites or digital things that are educational purposes only should not be considered as an expresor and buy promise or guarantee that your project that losses may be limited in any manner whatsoever. 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In addition, hypothetical trading does not involve financialness and no hypothetical trading records completely account for the impact of financial risk and actual trading. For example, the ability to withstand losses or act here to a particular trading program is not only about trading losses and material points which can also adversely affect actual trading results. Because these trades have not actually been executed, the hypothetical results may have overcompensated for the impact, if any, of certain market factors such as lack of liquidity. There are numerous other factors related to markets in general or to the implementation of any specific trading program which cannot be fully accounted for in simulated trading or in the preparation of hypothetical performance results and all of which can adversely affect actual trading results. All right. So, the number just came out in equities. I've been short here for a while off of a dumb and dumber event. One of my six trading setups. Actually, let me post this stuff in the room. This is this document. I'll go over it to that in YouTube. Just to be in Discord. All right. So, I've been in this short forever. It feels like it's just being tortured. I did make a mistake. I just got to have a couple right here. I should have been out of a couple into the number. It was close enough to one of my targets. We'll go over that here in a second. Well, first of all, we have a very exciting announcement, at least for me. We have a zone drawing tool that is in the works. It's not available yet. I'm testing it, but a program in my room, a programmer in my room I'm working with and he's designed this. It's awesome. I mean, it's awesome for me. He's going to see me years off my life drawing zones and it's going to be great enough to see me sit here and draw zones all day long. It's still not perfect as far as zone drawing the exact areas. It does what I asked it to do. I asked him to program it when I initially, we were first drawing these zones, but as this has evolved, we've learned the correct way to draw zones based on the reset mode that we're on, these SI indicator icebergs and stop runs. We'll go over that here at length today, I'm sure. So anyway, this zone drawing tool is awesome. So you'll see when something fires off and automatically draws his own it tells you how long it's going to take. Solar Iceberg Cell ZL-151 contract. It's across all products. So this is very, very helpful and it's very easy to adjust and you'll see all that here. So what I do want to pay attention to here is there has been, these haven't happened threshold icebergs, but you can see it, these add up to about a thousand in this area. So what I'm going to do here is I'm going to make, so this zone drawing tool is set for my thresholds, right? So 500 for stops, for instance, each product I have thresholds that are tradable events. Yes, it's 500 for stops, 700 for ice. Well, it's not going to draw this own because these are individual events, but when you get events all coming in in the same area, you want to definitely pay attention and draw that zone. So you got, so 700 is my threshold. You got 460 here, another 274. So that alone is a threshold and you had another 150 and then another 450. So you got over a thousand icebergs here. So I'm going to draw this zone manually, like I always have, up until basically yesterday, I've been drawing them manually. And then I'm going to trail my stop to this most recent event, my short stop. I'm real sick of watching it anyway, so it comes up and stops me out, so be it. Four nice icebergs sell CC, 412, congrats. All right, so that's the new zone and I have 45, 38, 50, to 34 quarter. So let me just put this in and then we'll go over where I'll get out if this thing keeps moving down and I can actually add to this trade too. So this is the spreadsheet that I use. It's available to my trade room and you guys as well now we'll go over this, but you just go to, it's in that document I just posted, but this is the, so you can get the access to this spreadsheet. It should be about $4,900 a month. That's how valuable it is. You can get access to my charts too, or both, but we'll go over that stuff here throughout the webinar. Just get this sewn in real quick and then we'll, sorry, forgot the bottom of it. So 34, 75. Yeah, 45, 34, 75. So if you guys want alerts on this when this zone tool is available, because it's going to be that subscription type of product, just go to my website, thescoppelscannietrader.com and there's like an email list that you can get on and then you'll also know when I release I have a new course coming out to the ATR version course. We'll go over that a little bit today. And then the trading strategies course is coming as well, so if you're on that subscriber list then you'll get the alerts when those come out. All right, so anyway, I've had an order working in here to get out of half of these shorts. S&P's top sell, yes. I just got the 1447 contract. So that's good. Complete torture treatment, but this is what I was looking at. So I pay myself as the market makes money into me direct quote out of trading in the zone by Mark Douglas. I was watching the top of this multi-day market profile area. This goes back, I think this is over a week. Days, yeah. It started at 9.6. Sold ice ice for 5 DC, 159 contracts. It was also confluent with daily value areas. So daily value areas is just one standard deviation of Ewebs. So I got out of, I had nine, I was short nine MES. I got out of, how many did I get out of there? I got out of five right there. So now I let it ride. The rest of it I will let ride until major lugs will go over the Ludwig levels. So 2150, I'll be watching very closely or an opposing volume event. So we just got the volume event. And you can see it just drew on the chart by itself. I mean, this thing is just, I'm so giddy. I'm like literally a kid on Christmas Day using this thing. It's gonna save me hours off of my life or back on my life. So you can see it needs to be adjusted. It's very easy to adjust that you go in this ellipse here. And I can adjust up or down. So I'm gonna move this actually down because it started there. So remember these sweeps, many times, well they get first right to the order book and then stops come in. So you don't really know where these stop runs were. You gotta draw this on the chart but sweeps may have triggered it so I started where the sweeps start. But it obviously didn't start. You can see the sweeps on the chart here. This is why you want the sweeps indicator as well. They'll be draw these zones. The sweeps started here but I know that's not where the stop runs were because they were fired off up there, right? So somebody started sweeping. Somebody came in and bought some. Somebody swept some more. So I know that's not the price where the stops started but I have to just assume the stops were here because they fired off down here but I will start drawing where the sweeps start. So that's how I drew that zone in the bottom zone. Bottom of the zone was perfect on its own. So that's the new setup. So now I will draw this zone. I will trail my stop to this newest event and then I can add to this short potentially 45, 31 quarter to 29 quarters bottom. So you just come to here. Spreadsheet is 5.21. All right. So if I were to short off of this particular setup I'd be stopping out at 37 quarters. So I will trail my stop now. So the way I trail my stops unlike majority of traders and that's the reason the majority of traders don't make money is because they trail their stops to random areas just because they want to book a profit which is not correct because if you think about it the market doesn't care about what you want to do the market cares about volume events, right? Volume events and volatility. Sorry, hold on one second guys. All right. So my original stop I got short off of this event up here this was an Izzy zone. So these are again you can get access you get access to this in my room the subscription of this so this was an important inflection zone that I draw on my bar charts so these things are powerful on their own right but when you get the volume event which I need to see to trade off of them I take those trades aggressively so the stop run fired off in that event I mean the event happened in this zone and I shorted it immediately out of there right so that was an Izzy trade we call it in the room one of my trading strategies so at the time my stop was above the zone an ATR plus 10% that's how I judge it so for me to be wrong I forced this market to come all the way back you know with however many ATRs get through the volume event and then push another ATR average true range I'm talking about outside of the zone we'll go over that I'm using a five minute wowlers and we found a way to get a non Sierra chart too I'll show you guys so that's what I demand to be stopped out of my trade so I avoid being elbow to death like you see here when you look at a market and it looks like a Christmas tree these are just algos playing games with you guys right so that's what I force demand to be stopped out of my trade so now there was a new event I just didn't even get a chance to put this in but I would have trailed my stop to that and now I have another event and I'm going to trail my stop to that event so set 37 quarter I will not stop out or enter trade into prior events so I'm going to move it just outside here we'll move it to 39 and that will be pretty much a scratch on the rest of the trade I shorted right at 39 and I actually made a mistake I had the zone the zone was not correct it cost myself a couple points on the entry either way this comes up to 39 but see what I'm forcing this market to do now right like I don't put this the stop in the middle of nowhere this and you see how this market reacted to that volume event we just drew right so I'm forcing this if that this trade is going to be stopped out I'm making this thing get an ATR above this most recent event and then I'm making it get through this entire prior volume event for me to say I'm wrong if not I just sit here and get tortured and let it go and expect this kind of trade you're not doing stupid crap like oh my god I can't handle this I gotta get out I don't wanna get this back on every up move down move up move down see what I'm saying so I will put that stop up here if it comes out it stops me out great I made a little money on half I scratch the rest and then on to the next trade and there's always another trade right around the corner so I'll put that at 39 right so that is working so now either get stopped out or I'm looking at blue look to get out and what saw it all they want you gotta and you can see this bounced off one of my important areas right so this is why I get out of some of my position and this is why if you're trading ES and you're only trading one I don't know why people are against trading the micros it's not like there's nothing wrong with trading micros and it's actually better because so then one ES on you can put on 10 micros on that type of thing right if you're trading just one big ES you mean ES and P then it's all or nothing and then you're done right and then this thing can continue to go 30 points and I'm out of the trade right so highly recommend trading micros you know for smaller accounts you know if you can trade multiple contracts with your big contracts and that's fine but you want to be able to get out of certain areas so these are my certain areas this is directly out of trading the zone that I've added my own stuff the main things is I pay myself this the money available to me these are the areas that I will piece out of trades obviously a lot of like levels will go over those market profile composite whoops I want to do that market profile composite highs lows points of controls that was where I got on some right there at the market profile composite high then that was confluent with VWAP stream standard deviation wasn't extreme but it was at the time daily value area low so when you get multiple things in one area that's called confluence you want to pay attention so what I'm really hoping here is this gets in this market profile composite this multi-dates since 96 these days have lined up the value areas the tendencies when markets get composite value areas is to get to the other side and that's what I'd be looking at so that's tap here let's see what happens with this volume event so as long as this volume event the market doesn't get an ATR above here and that is in the spreadsheet as well so that price I want to stay on top of this ATR and then we'll determine so as long as this market doesn't get up to the invalidation price for a short 36 quarter I can short I can short off of this event as well it's a different trading strategy but I will take a short here too potentially I've got to look at AlgoGuy to make sure it's in line so this would be a potential called BARC it's a blind ATR retest failure blind meaning no matter where it occurs I'm taking that trade it's contingent on AlgoGuy we'll go over that but this could be anywhere and if I get this type of pattern then I'm going to take a short for that trading strategy and these are my trading my personal trading strategy strategy so there's a lot of misconception out there what I'm doing here right are important areas that I look for to trade these let's see so this is my NQ stop stop sell NQ 160 contracts I'll come back to this in a second you got to be quick with NASDAQ because it is a flyer so I haven't done anything in NASDAQ today these zones have been firing off but they've gotten they're like this one was a bullish setup but I didn't take it because it was against AlgoGuy so this is the one filter and my lick trades we'll go over those but you see this is AlgoGuy we call it AlgoGuy it's just an exponential moving average this is the short term the long term series you can see it keeps bouncing off the longer term but I won't take barf trade bark trades or lick liquidity trades if it's against AlgoGuy so there was a setup as far as this last setup in NASDAQ before the one that just fired off was bullish but I didn't take it because I'm not fighting AlgoGuy because this thing is very powerful and it needs with this thing so I don't fade that but here's your new bet how awesome is that how awesome is it just for you guys you don't just sit here and watch me draw these zones with this edit tool from 1983 it's like that literally I think they had they had this edit tool like on Atari I think from 1983 so there like I said you got to adjust these right now it's not perfect yet but this is just even just even just drawing the zone so the other thing too this is in the works hopefully we're going to have it so it will populate into the spreadsheet automatically for you and then you can also have it'll be like a premium type of thing where you will get as I draw the zones as the zones populate and I like adjust them or whatever they populate they will populate onto your book map right so you don't have to do anything so I mean if you have the tool you won't probably have to do anything but there are times you're going to have to go over this quickly so a lot of good things in the work here so we talk about these sweeps starting the stop runs well it couldn't have been there because you see a blue bubble come in so that's not that couldn't have been where the sweep started the stop run so I'm going to go down to there so I go right in the middle of my little thing and then I just move this down to here right there and what's awesome about this too is it puts the prices on the chart for me so I'm going to go over where that volume of it started so I think let's see if that might be off a little bit here maybe one tick that's right so that zone that volume of it was 34.25 to 31.50 and you can see this was threshold 159 and it drew it by itself so cool so let's see so this already looks like a bullish event it is a bullish event but I'm not fading the algo guys so I'm just going to let this play out I'm not going to trade this event right now so because I'm going against algo guy the only thing I may be missing this could have been an Izzy trade let's see if this was an important inflection zone it was not we're basically sitting right there so in this zone I would have taken along off of that an Izzy long regardless of what algo guy's telling me the only thing I got to check for my aggressive trades is if it was I had a lug with made sure lug with lugs lugs or those the second most powerful so so this is an example of emerging these days so this was another day yesterday that just stayed you can see it's really struggled so this is telling you something right we talk about coming about the thesis every day I come up with a thesis on structure we'll go over that on the bar charts but I come up with a thesis on market profile of what's going on for that day and with the Ludwig levels so yesterday you can see this struggle to get outside of this market profile today this was from 9-star to 9-6 as well so that's how many days are in this market profile composite these things are very very powerful for trading purposes tried to get out couldn't do it got back inside basically close at the point of control today once again tried to get out couldn't do it back inside very likely it comes to the bottom here that's what should happen if this is able to recover and get back out of here that's telling you something too break down to at least the bottom of here and maybe through there and then to zero I'm hoping but that does not happen and this is able to get back out of here well I got to change my tune that's what trading is and this is why using these real-time volume event clears up so much where you're like sitting here what do I do I don't know what to do here if you're just staring at bar charts or marker profile should I go short here or should I go long well you let the volume events tell you the real-time important thing you can possibly look at it'll guide you on which way to trade right so I have I am bearish these markets but does not mean I will not take longs given if it's my strategy because I'm a day trader right so again if this was an Algo guy or this was an Izzy zone I would have got Algo guy was in my direction I would have gone long off this setup right now I'm not going long but say this moves a little higher Algo guy crosses back positive even though I'm you know longer term bearish these markets right so we'll see how this pans out here I still have that ES trade on I'm assuming I'm going to get stopped out here pretty soon but like I said I took out it's not even close yet so see how this is struggling at this prior volume event somebody told me that these are the most important things in trading so I'm forcing these things to get through here forcing it to get through here because that's telling you something too right it's all about understanding what should happen right so if my bearish thesis is correct then this should something just happened by the way this is still going to go lower if this proves to be a bullish event and it's able to rip through that prior event that was already proven bearish because it got the ATR below there that's telling me something now so all my thesis does is it gives me I will trade bigger in that direction so I'll take trades both ways but I trade bigger if it's with my thesis so I don't really have a real strong thesis right here in this exact area we're at because this is just still smack dab and this is what you see on the market profile this is the basically this 9-6 or longer that's a balance area what's a balance area it's just traders placing bets longer term traders placing bets the move out of this balance area is very very likely going to lead to a whopper move right do I know which way it's going to break no nobody does but I would sit here when I watch my volume events and it's going to tell me what to do right so anyway right here we're at I have no opinion on this market right what is important here I take that back this is this is a very important area if this gets through this zone I mean it's going to when you narrow down everything's fractal right so you can narrow this down even more so we've been talking about this in my room so this market broke down from this balance came back tested the high high volume node of this this is the pattern all the time like literally almost all the time it either breaks down to retest the bottom and dies or to retest the high volume you know high volume node and die what's a high volume node it's just the middle of a balance area where the most trade occurred right at the high volume node so I was saying this thing's going to die and then remember about if then snare isn't ready to pivot then we had buying tail buying tail buying tail buying tail all in this important zone where this happened here and not happened there so now I'm thinking okay well that's not breaking then I said to my room this tail is going to be the line in the sand if it can get above that tail watch out it's tried it tried again it's either going to if this comes back then I'm expecting that if this can get above the zone this is very very likely going to rip so I just sit here like a sniper and I wait right so I did take a short in here by stop out it's giving me information and then I'm what if this breaks off through the zone my point what I'm trying to get at I will trade all long setups double size or more depending on you know where we're at if this breaks below here and gets through this zone then I will take all shorts double size because it's fitting the thesis right here I have no strong opinion right where it's at so that's how you use your thesis the better you get at the stuff and understanding market structure market profile the lugs how it's reacting to the lugs like during the day that can give you that gives you direction for your thesis then you can trade bigger when you get these volume mods all right I got to take a breath hold on one second guys see if you guys got any questions so I can breathe here algo algo guy I just named it algo guy it's literally just algos that play off this thing right so these are exponential moving averages I already showed that I may have already explained this and she asked that question but this is here I post this for you guys every week hold on a second this will explain it in detail and you can come up with so many trading strategies just from this thing alone this is a great explanation of it I think they talk about how to construct it but either way you get when you come in my room you get all my templates like Sierra chart and you get my thinkorswim stuff I'm going to be moving out of the thinkorswim well that's there I want to show you guys if you have Ninja Trader the zone drawing tool zone drawing tool is going to be even cooler I'll show you this here in a second all right so I put that in the exponential moving averages in the chat in the YouTube I'll put it in a discord too hold on one second here nothing's going on here sir I'm not really missing anything I do have to go check out Crude now months and I hate when that rolls so I mean so are equities but it's just a huge pain and he has because the volume's split I'm trying to find my room here put that in the discord room as well so you can read all about that I already went over that but what was I just going to go over I forgot what I was going to go over oh that new drawing tool so you guys can see here I posted this yesterday this is my trade room here you can get all this on my web put it in the document you can find it there anyway this was this is where the main the main chat there you go I love this zero thank you manager shizzle anyway this is what I posted yesterday just to show you what this thing's going to look like with an engine trader if I could find it let's see here there it is right here look how cool this thing is so we'll draw the zone like you guys are seeing then it'll bring it over the zone over to Ninja trader then it's showing you your ATR stuff and the business and sizing based on ATR so on and so forth so there's a lot of this is awesome right so I'm switching to Ninja trader soon thinker swim sucks and I'm sick of it I'm sick of their charting platform it's a joke they don't roll in time so I'll be switching here shortly so the main reason I was using Ninja trader I mean thinker swim I just stopped out of that yes so I made a little bit got out at an important area and I just stopped out hopefully it's not to the tech because that's my MO I mean that was literally right above there so I made a little profit on that trade so what Ninja trader or the reason I was on thinker swim was for algo guy which someone's already figured out they put in my trade room a couple days ago Jordan put in the Ninja trader specs for algo guy so you can get that there and then I was using it for the ATR the Wilders ATR well Jay Labrada he's my moderator for my room figured out the way to get this on the ATR on Sierra chart if you guys have Sierra chart sure you can do it on Ninja trader too but just come in here let's actually do a market I don't have yet because I haven't transferred all these markets yet let's do this one here this is like a swing meal alright so it doesn't matter what market obviously just go to analysis studies then go up to ATR this thing is very touching on this computer it doesn't say ATR it says average storage right there this one double click it'll bring it over here double click then go to moving average type and change it to the Wilders 14 period and it's the same exact one they round like one decimal point but it's fine Wilders moving average so that's how you get that for Sierra chart so I'm going to be done with thinkorswim here some of the stuff with their charting it's just not excusable for how many customers they have like the rolls when you bring charts up they won't populate where they were on all my screens I got to drag I got to sit here and spend 10 minutes repositioning my charts they open up and they're not on the current price it's just a joke I'm done with it alright there was an event in NQ let's get this so this kind of forewarn you I didn't do anything with you with you I didn't do anything with this setup down here but this is what I'm talking about right if you're sitting here bearish you're like yes this thing's going to zero today just like madam shizzle thought well if you're if this market is bearish you should not be getting bullish volume events this was bullish immediately the minute this gets in ATR outside of this zone that's a bullish event right so if something was telling you something's up so the least the minimum at the minimum you don't put on a short because this is saying no go for the short and guess what look at that I don't know it's almost a 100 point move 100 take no 100 point move sorry alright so anyway so I don't know if I've mentioned these real-time volume events are the most powerful thing you can use so alright let's adjust this so you can see these sweeps started here obviously these the stop runs could not have been here because these prices already touched right sweeps came in sweeps came in someone tried to sell sweeps came in that's why I would say that the bottom of that zone is there so I'm going to bring the bottom up to there and look how cool this thing is I don't have to go back to this edit key ever unless I'm manually putting one in and it came up to there there's your zone how fast that is 94 and this is like bare minimum like again we'll get this he has this set to what I told him to do but we've changed how we draw these zones a little bit based on the spike and you know I go over that in my course and we'll go over it a little bit here I go over it every day in my trade room but we do things a little differently than we were doing because I was drawing the zones wrong for about five years but that tells you how powerful these areas were I was drawing the zones wrong not to the exact prices on them and they still worked right so now we're just honing in and making it perfect 15, 5, 94, 50 to 90, 75 go to your handy-dandy spreadsheet plug in the zone plug in your ATR just went over that 26.57 that just means it's rotating about I use the five minute right I think that's for day trading that's the best one to use you can use the hourly it's just way bigger right so for instance this hourly ATR the hourly ATR is 62 63.62.65 well do you want to risk I mean you gotta risk 63 points just with the ATR and then the zone and everything else like if you're a longer-term trader or like a more of a swing trader that holds trades for the entire day or week or whatever then yeah you can be using this ATR I'm a day trader so I think one minute's too short and I think the half hour is too long for day trading I like using the five minute you can use whatever you want that's what I use right so it's the five minute ATR get this stuff off of here I got something in the rustle so let's so then this spreadsheet tells you everything to do right it tells you which way if this moves and this touches 21 I know this is a that's why it's called a validation price it validates that zone as a bullish event 21 is the price see if it already got up there it's not yet it's trying so I don't do anything with the zone until it shows me what it is as far as bullish or bearish next let's see if Algo Guy is flipping it is just flipped right so now I can take long I wasn't willing to take long against it you guys could have taken along down there this is the point this is what I was getting at before so I have important areas that I will get in aggressively for long that wasn't an important area to me it wasn't an inflection zone it wasn't a lug right so the whole point this is what I was getting at before right so this is this is the course that I just put out we have six distinct set up and there's another the seventh wonder of the world is coming we have another one called Rocky so it's this right these are the core of my trading these setups dumb and dumber stop and hold Titanic broken ice double whammy step bros so I look for these events in important areas these are my the trading strategies are my important areas lug with levels trade to the liquidity inflection zone Izzy that's what we've been talking about blind ATR bark just an ATR retest failure a dumb and dumber dad at we'll go over these if they come up I'll go across there actually wasn't I'll go across there it wasn't heavy buying but the point is these are my important areas you may be looking at something else you may say I love to trade the 200-day moving average I like to fade it when it gets up there great way more successful this is the 200-day moving average you wait for a volume event something that's happening right now then that's when you put the trade on that's how I trade right so using real-time events in important areas that is the edge and you're not in my opinion and I've been doing this for a long time I don't know if I mentioned that this is the most powerful thing you can use in your trading in futures trading because it's real it's volume this is what drives markets price doesn't drive market someone has to be buying and selling just use common sense right alright so that let's see if that did that get up to her I forgot what it was 21 21 was the and then we have this is another great thing about this spreadsheet this is what my next course is going to be on this top one is the position trading side of the spreadsheet so these are the strategies I just told you it's looking for bigger moves the bottom part of this spreadsheet is called the ATR reversion strategy that is when you take trades because this all was born from my in my room all I've ever said for five years of doing webinars for book map and in my trade room is when the market moves away from these volume events this is my opinion from watching thousands of these that it's at least 70% of the time it'll come back to the zone right well the only thing that is not crystal clear 70% is a real good winning percentage you just don't know how many ATRs away before it does that right so we have the price to get in as it gets one ATR comes back we have the price to get in gets two ATRs comes back and the price for threes the sweet spot for equities are usually ones and twos so if you're going to do this trade you're just like an algo and this trade is incredible if you have problems sitting in trades there is no subjectiveness to this trade right there are a couple of disqualifiers and that's going to be in the course because I don't take these on the webinars because I can't keep up with them you've got to be quick we're going to have this automated eventually but it's not there yet anyway it's automatic you just you put your entry at 1850 you're stopping at 50 quarter you're playing back to the zone it's just literally playing for that that's it and it really helps you we just plug this in and you just let it work and if you screw it up then that's your fault right so it's like it's like your own personal algo so the other thing too when I if this is it would disqualify I'll go over this closely you want to be very careful taking trades when algo guys crossing right so the volume of it happened as this was crossing that was a little later but you may want to stay away from that but that'll be in my course right so I'm just looking at these prices so if you took the the 1 ATR you were in an 1850 out at 50 quarter if you take the 2 you're in a 42 quarter out at 75 right so if you're going to do it you need to do it you need to do every one of them you can't be sporadic like for instance I don't do these in my webinars yesterday afternoon I took one in my trade room I took one in R2Y just a random one and I lost so it's like if you do things randomly you're going to get random results if you're going to commit to this trade you need to take as many possible it's just like a casino we talk about this every single webinar right casinos know in the short term they it's random right it's the random events in the long term they know the math is with them so our math is the edge is the edge of the SI events it's the edge of the reversion trade so I know the more trades I can put on the better the edge will fit my fit my probabilities right it's just like a casino someone comes in and starts playing blackjack and beats them for an hour do they shut down the table and close the casino because they say it doesn't work they just say okay we'll just deal you more we know you're going to lose your money after a while why do you think casinos are in business they don't lose money why? because the math's in their favor well this is the math the edge the math for you for us for me are the volume events and how you trade them right if you can if you can literally internalize this again I always joke it's half of a joke if you come to my trade room you have to get this tattoo to your forehead minimum read it every day if you can internalize this stuff especially the five truths you are on your way to becoming a profitable trader if you can't accept this stuff you have no chance to stop wasting your time and go work for the man that's what I've got to say about that anything can happen you don't need to know what's going to happen next don't know how to make money there is a random distribution yesterday I took the Russell it was random I don't take them all because I can't keep up with them my god I'll take this one loser that's what's going to happen you do random things you get random results over the long run if I take every single Russell then it's a profitable trade I know it's a profitable trade because I've been watching for five years the edge is nothing more than an indication of a higher probability of one thing happening over another every moment in the market is unique if you guys can internalize this you are on your way I'll refer to that many times I'd love to go on rants on that thing because it's the truth it's the light speaking of Russell I'm thinking of something here let's see if it's true to the zone hey look at that perfect then it's your another event here too alright so this is the most recent one the default you always want to refer to your most recent event this was 245 thresholder muscles 150 so this is definitely tradable and it's still in this prior bias event too so let's just make sure the zone is correct if you've got questions throw them in the book not book map YouTube and I'll answer them as best as I can so you can see this market came up see this blue buy bubble that triggered this iceberg right then it came up here again triggered more right so this actually this zone could be narrowed down because this this movement down here was not part of that iceberg it was want to tag tag tag right you want to if it gets increasing like this was just plateauing so this I have it on reset mode right so this always will stop drawing at the 737 mark well that's kind of me imposing my will on the market right so I got to know how to draw these zones and that's what we've got much better at the developer stop by NQ 153 developer I just said hey draw this because this is how I used to draw the zones I told you I've been doing it wrong for five years and I finally listened to Bruce and he finally explained it the way that I understood that's not the actual zone the zone is this actually looks like it's a one tick zone tell you the truth it was there and then it plateaued so that was not all this price movement was not part of it then it plateaued back again here like I said back here so this is pretty much a one tick zone that's a big difference right instead of one instead of nine ticks it's a one let me move this up over to Nasdaq this second here so I'm going to I'll just make it like a you know we'll make it a tick wide but I think you can just literally put in one price here but we'll just make it a tick wide just so better viewing experience alright that's that so I'll be back here I want to because a lot of people I'm going to see what's going on in Nasdaq so you know like I said I mean just so look at this this you know this just keeps you if you were bearish first of all if you just said I'm shorting because I'm bearish you're probably done for the day you just got your head ripped off these events told me get the hell out of the way right and actually did this retest this zone did I miss this trade it doesn't look like it I don't think that got the other take an A tier out of it so these events they're just they're not retesting the zone it's actually very rare Mariah Carrier very rare it's a joke it's a Macklemore song let's see here you gotta laugh in your trade guys you'll lose your mind take it from me speaking of which I thought I would have the videos so I finally bit the bullet and took all my trading videos to the just like a transfer place cost me like 400 bucks I thought they'd be done by today they aren't but they'll definitely be done by next week and you guys can watch me trade like I said if you are offended by swearing then you do not want to watch that video or be on that webinar I should say so that looks like this one's pretty close let's move this down smidge that's how I draw that so this looks like it was back to back here this was not threshold but you could you know we're looking for areas of loaded up or trap traders right I mean you could these are back to back just want to see where this started it's an extra five points I'm going to include both of these so this is where it gets a little subjective right you got more experience you may have drawing these then or identifying these and drawing them the better you'll get at it but you know I want to incorporate I can do it so you had a little bit here more here more here so I can start that I don't know if I need to start where it was 37 but I'll start it where it got to 100 basically where this started which was right about so just use your cross here and go up right there it had to have been that price there so that's 42 so let's just bring this down to 42 and then I'll put this on the chat Nathchasticeisford by M.T. 151 contracts I don't know if I mentioned I love this thing there's just some stuff firing off in that castle over there like this is what I tell you guys every webinar you don't want to be just pigeonholing yourself to one or two markets these volume events work in every market they're the same patterns in every single futures market as long as you know your thresholds right that's what my course goes over as well 1560 657 then 42 so it's a 15 point zone which is it's not bad it's not that wide I forgot what I said because I have no short term memory anymore 15657 and I just put a trade on these just didn't fit my parameters so you see I don't force things right if I don't get what I want to see I'm not trading and if you can't if you can't do that you're not going to be around for very long and then that's going to lead me to my other rant we'll get into that in a second someone posted something on YouTube which was like a backhanded comment I went over yesterday around but I got to cover it again because it's it makes no sense to me 27 alright so let's go through the process I got my zone built are we in an important area we sure are this is a nizzy zone this is a straight move you know a nizzy zone I will take the short if it moves out of here aggressively this is what I did in ES this morning before I got on the webinar I took this exact type of trade and it was profitable I made a little bit on it and it came back for the rest but I made a little bit out of where I've gone over that but here we are again so if I get in ES the first one was this one and I caught it got out at that important area we talked about or half of them and I stopped out of the rest for a scratch for the rest of them if I get a volume event here I'll take it short but I'm telling you if this gets through the zone watch out this is already bullish I already said remember I said about this tail here you had a tail there then you got two more bullish tails there this thing looks like that so this breaks a little higher and I start getting bullish events I am trading at least double size to the upside remember you have to control your risk for the day that's another great thing about this spreadsheet again that you get access to on my website on this that's this you plug in your risk and you don't have to sit here and be inconsistent with what size you're trading so on these Apex accounts that I'm trading we'll over that a little later too they're 5,000 it says $150,000 or $5,000 you can only use $5,000 it's a trailing stop too I'm risking 10% so I'm risking $500 a trade right so you're trading on a $1,000 account you plug that in you shouldn't be risking 10% on any trade if you're trading a real money account you should be risking if you want to follow a max 2% right if I love a trade I'm going to trade like if my thesis in the direction of these volume events I will if I had a $100,000 account I would trade 4% you can trade 6% you should not be losing more than 6% of your account size on any given day ever right so if you love a trade there's nothing wrong with putting on a 6% trade if you lose you've got to be done for the day you have to be have that discipline I'm not going to go into my rant of how I ignored my loss limits and it cost me $1.4 million in two days two different day days right but point is you have to respect your risk but if you love a trade like what I was telling you I've told you guys before when I got back in the business in 2017 because I was knocked out of the business because Al goes knock me out I was training to trade stocks with S&B capital and they literally make their traders come up with their A plus trades and they make them trade them bigger bigger size so but you still have to have your loss limit for the day so you want to have trades that you go for the throw right like that's fine but you've got to be ready you've got to be okay with stopping if you're wrong on it see what I'm saying alright so let's I'm going to trade this nascent because if this moves out of here so I will trade this to the short side as long as it doesn't get an ATR above here that's the invalidation for me right so you go over here on the short side of the spreadsheet if this touches 15, 6, 15 I cannot put on a short and this is actually a bullish event and then what I will do is then I will trade Barth's blind ATR retest failure that's one of the trading strategies and a potential let's see if we can trade a lick trade so a lick trade is just trading to the heavy liquidity there is some up here I would consider liquidity I mean you can always make it look however you want but that's pretty heavy right so Barth and lick strategies I just showed you the strategies so we got the volume that's the core of my trading and then I would take a Barth long blind ATR retest confirm it's called Barth now it's Barth and then lick so a lick trade is literally a trade where I will not get out until it gets the liquidity I may get out of some there and then there so that's what's in store to the upside if I go long as long as this doesn't get to that invalidation price hold on is that right did I put the right zone in here no I did not put the right zone hold on I got the wrong handle I think but I'm looking at the wrong side that's the validation price I'm sorry invalidation price is 84 I was on the wrong thing so to short this if this market touches 84 I cannot short it sorry I was looking at the wrong one so I didn't get up to 84 yet the short's still on the table now to go long if this market touches 84 it's the same thing and invalidates the short but it validates the long see that see how cool that is then I can take my long trades right so I sit here and wait like a sniper oh I just got something from my trade room usually that's not good did I get cut off or something it was my discord oh that's just someone messaging me alright let's see if you guys have any questions while we wait oh here's Captain Price Mr. Caffeine's back in here dude you gotta participate more actually you need to come to my trade room that's why I'm always complaining to these guys about is not participating you actually probably would be a little bit over the top Christian's on here Christian just bought the course he's Italian I don't know how he's even understanding what I'm saying here but I got you I will send you because I'm doing subtitles for Italian or Spanish if you guys want that for the if you get the course but I'm going to send you that right after this webinar I'm going to upload it to the YouTube private and you'll get it with the subtitles Captain Price just very nice and cute right in practice so this is the exact stuff guys that I don't want in my trade room so you see this I'm just making an example you Captain Price you can say whatever you want in the air but if you come to my trade room I don't nobody cares unless you're sharing your profit and then you're obviously not even it's not even real nobody cares that you have a very nice trade unless you say what it is right if you're in my trade room this is fine to say if you say oh because I took that that bark trade or I took that Izzy trade that's fine but just that nobody gives a flying you know what that you had a very nice trade unless you say why that's a very nice trade so that's one of the rules of my trade room I can't even keep up with all your stuff Stephanie asks thanks a lot for the info I'm pretty cool that you're trading 12 million 12 million in crude I never traded crude when I was a big trader it was all ES and I made 15 million bucks over three years and I'm going to show you guys so what I was trying to explain in my room yesterday too is how easy these markets are to manipulate so what I tell you every single week is if you think these markets aren't manipulated you're absolutely crazy does that mean you just don't trade and you say there's no way I can make money no with this information you can see exactly what the big money is doing that's the point so if you can't beat them join them so my point is you're going to see in these videos and I will have them by next week I'm almost 100% how I used to manipulate the market I used to be up and down the order book just running people I would be the out this would be me this was before algos right so I was spoofing I was screwing around back then spoofing was legal right they didn't outlaw spoofing to like 2007 or 2008 I think so I would just play games with the market all day long and you're going to see that so my point is of a little guy like me I mean I could put on 3000 contracts back then trust me there's firms that could put on a lot more than 3000 contracts you don't think they're manipulating these markets you're crazy right so the point is when you watch the videos you're going to be like wow it's that easy to manipulate markets this information is so important if you don't have this information you don't have all the information I don't care say every webinar too I don't care how great of a trader you are you do not have all the information you can be ten times better or more if you have this information and know how to trade these areas anyway latest in Q Play was triple bottom on confluence to big median lines right but if you get the setup down there that gives you that's great I don't care if you've got 15 lines down there of different indicators I can care less unless I get something real time happening and if that was the area and you were watching these volume events that would have given you green light and very good confidence to go for it right so if you were this is the area you're talking about I'm going to assume if not just pretend it was you're like there's my volume event there's a dumb and dumber this is one of my six setups you're in right there how's that trade pretty good right but you got your confirmation with something that's happening right now I'm going to have to price my goodness gracious man I drink a pot of coffee every morning I came and there's no one else Debra gave a I'm assuming she's laughing out loud at Captain Price Desto Arts so I have 1.14 and draw down left but need to make one more trade tomorrow okay you're talking about your 8 bucks account I'm assuming Stephanie she's pointing out this is exactly what I want in my room trade room I think she pointed out a crude setup see if it drew it on here so he didn't have this setup for November because it's just rolling today but this is what I think she was talking about right around there I was actually I got a 200 on mine so we can draw that here in a second I gotta manually draw it it's only drawing crude for so it's rolling basically today so it's only drawing crude and there's been nothing in here this is the problem with the roll like you get the volume split so there's been nothing in here oh the other great thing about this drawing tool so when you restart your book map like I didn't start this to like 515 I hate this windows crap I didn't start my book map to like 515 and I opened it up and I'm like holy crap that drew an event that I didn't have my book map started for right so like look at this like wait yeah so look at this it'll populate market pulse but it won't populate prior events so this is where I turn it on but you can see here it had already drawn an event that I didn't have even had my book map running for how cool is that I mean his machine has to be running and we're going to get that figured out we're going to have like a centralized machine that's always running but the point is you can go back and see volume events even if my computer my book map wasn't running you don't and you can see you can't see any SI information the reason you can't see that is because it's just too much data for them to populate repopulate the MBO data like look at this like look at ES look at how much data they've processed so far in ES this is why you don't get that bad filled data because it's just it would overwhelm the the servers right I sound like a Mr. Techie guy like I know I'm talking about but look at this 3 million 3.7 million updates right MBO so that's why you don't get the prior data when you you open a book map it would overwhelm the system like this is this is a lot as it is can you imagine them repopulating by why 135 contracts that's though so there's been nothing in here by the way since this so again I did not take that trade either down here well you know what I did mess up no I didn't mess up so I could have gone long off of here but it would I needed a retest it just didn't retest so Algo guy's been bullish this entire time and yes this thing has not crossed once see how it bounced off the red that was right where that stock went so you could like I said volume events say you love Algo guy I love going long in the when it pulls back to the longer term moving average well there's your volume event you get long aggressively this is going to be another trading strategy too by the way coming up here so that's a great thing too when I come out with this trading strategies course just like my SI course it's it's continued education so every time I see something new or like a you know like an update or something I will come in here and I will add stuff so that's what's great about this medium now I can add like so for instance the seventh set up is coming it's going to be called Rocky that's going to be in here you don't have to buy another course or buy find that out I'm just going to add it to this so the same thing with the trading strategies I've got about about 500 more in my head that I'm going to be adding to this so these are just the initial ones but when I come out with this course for these basic ones every time I add another one you'll get access to it right I just don't know what I'm going to price this course because this stuff is invaluable and it's going to be so much information over the next however many years so I got to decide what I'm going to do we are at the red lug here this is a really look at look at how much confluence is here guys so if something fires off here now Ashley did I just this might be a slug let's see this is a slug I'm glad I looked over there so again if this as long as this doesn't get to that invalidation price of so I'm taking there's multiple things here I'm going to be taking a short if this fails just make sure this is up to date it's 25 now 5.22 so as long as this doesn't get to 82 quarter which is the invalidation price this is the same as the validation price invalidation price 82 quarter as long as it doesn't get to that price I'm going to short this puppy there's so many things here so it still hasn't gotten above there so I'm still in play what do we have this is the epitome of confluence you're not going to get much better confluence than this if this area fails first of all you got an easy zone this has failed here above 85 times right first of all you had a gap down actually let's go back over here buying tail buying tail put balance in here gap down selling tail selling tail gap down this day failed here again here we are again and it's just the top of this balance that's number one number two this is the process I followed too by the way so then go over here lugs the second most powerful thing I've seen in 24 years of trading right here look at that you got red lug which is the red and blues she calls them big red big blues the most powerful things you can have this is in the trade this is in this document guys just go down here here's a website this is the next page join the three day trial and say you saw my book map against best person that's where you find the lug with levels and anyway I'll show you yesterday too the ridiculousness that they are how powerful they are I'll show you yesterday there was three different markets bounced right off the blue lug for like 100 point trades or 100 tick trades so anyway you got red lug you got baby lug this purple pink whatever color that is then that's number two confluence number three extreme standard deviation of e-wap this is one standard deviation aka daily value area one and a half two two and a half standard deviation now you got those egos that love to play that what else do you have let's go over here market profile composite low came straight into that so you got a straight move into Izzy's own straight move into the market profile composite low straight move into red lug if this fails this is I'm going I'm going to trade bigger size here because of so much on the short side right and it feels terrible I mean trust me but if this gets up to 82 I can't do that so I'm watching this but if this does I'm going to short double size on the short if it doesn't well what's probably going to happen if this keeps motoring up it gets inside here what do you expect the other side and it'll probably draw new lugs which that'll be bullish as well depending on how it reacts to the new new yellow and new empire red we'll go over that if that happens so I have all this in my mind right I have no idea what's going to happen here but the most important thing is this real-time buy-in event so I'm going to wait and watch if this gets up to 82 it comes back retest I'll take along hopefully they'll draw new lugs I hate going long into the red lug but we'll see what happens here so I have that all in my mind if then scenario right now I'm hoping this thing dies because I really really really want to short it but if it doesn't I have to adjust I'm a day trader I'll go long so that's that yellow buck's post that's pretty funny yellow buck let's see what does that look like I already explained it just scroll up I posted what it is to look at my last post exponential living average I'm assuming this is new maybe you said it before I couldn't find your tax with a cap and price 80,000 tax in here so cap and price you just seem all knowledgeable you got to be a million dollar trader no I mean you just seem like you know exactly what's going to happen it's pretty interesting all right this is close to negating my short which makes me sad my potential short 82 quarter this is how I judge it guys this is just from there you go negated boo all right so but if this comes back retest fails I just what I want this to do is bust through a little higher and give me some new lugs because I really so this is what I tell my trading room every day I will take the barfs and the licks into the lugs because I'm trying to make it as simple as possible right now without a lot of you know additional rules where people get confused right but you can say I am not taking longs when we're into the red log we're at extreme standard deviation and we're trying to bust in here you may just say no longs right here if it gets inside here and you get new lugs fine give it a shot so that there's nothing wrong with doing that right I'm going I'll take the long here but I'm just warning you if this doesn't draw the lugs this could easily come back especially where we're at like I just went over so we'll see here see what happens what I did forget to do is Mr. Torturer today this is so we haven't really talked about market pulse that's the next big thing it'll be a course from this eventually too I just not we have ways to trade this thing already but it's not of course worthy yet so you can see here this was just part of that stop run but it shows you so I have mindset on the biggest buying or selling the last hour very important information that's this that's this add-on market pulse these are all the same basically but like MQ here so I have mindset at one hour the default when you open it up it's at five minutes I put mine in one hour and I just change my colors just everything else is default it's showing me 70% of the threshold meaning the biggest buying or biggest selling if it's 70% or higher it'll alert me if I had this on so I don't have it on I'll turn it on just so we can hear and then it draws it so you can right-click on there to change your colors so the other thing I use is tick strike market pulse is tick strike on steroids but I still like tick strike because I can see this is just a different view what I've never liked about tick strike is it doesn't show you the past stop so I always ask them hey could you give us a history so I can see hey what did it look like when all these fang stocks were going plus 15 Mazik was going plus 15 because it ranges from one to 15 it's just now showing you the size of the orders coming in coming order of the orders coming in same with market pulse but I want to know hey what did that look like and what did the market do after they've never to this day they don't have a history of it so I used to literally videotaped my screen so I can see what was going on or see some past events so anyway this is important information I just really really really really hope we get some new looks here so I'm not so afraid to go along here on a retest failure of that zone the other thing I want to look at see what kind of volume is rolling through in the footprint so we use the footprint you'll hear that if that goes up so we use the footprint to judge this is for the ATR reversion trade where you don't want to be standing in front of the really heavy volume but it's very good to come up with lines in the sand that's how I use it I tried to use this for many years to trade with I was at best mediocre so I don't trade off of this shockingly I forgot to this is unbelievable like this is hysterical this happens to me nonstop all day so I forgot to cancel I remember I was short I forgot to cancel my long I mean my bystop it fills me to the tick and it's immediately a point and a half in my face it's like it's my own fault so there's another thing you make a mistake get the hell out of the trade but it's just hysterical it's like I get filled to the exact tick it would be nice to ever in my life come over there and say hey wow look that's a point and a half in my favor it's always against me but that was a mistake because I just have so much going on I forget to delete my damn orders out of the order book sorry I had to bitch about that a little bit it's just hysterical how it's the exact tick though unbelievable all right something just fired off what was that something new in Nasdaq so now there's a way here this is a variation this is in my course too I'm going to keep referring to this because this is where you learn all this stuff you can learn it this is where I tell my trade room too you can learn it on the fly your learning curve is going to be way steeper because you can learn it while I'm trading live if you get this you're armed and dangerous coming in and then watching my webinars see what I'm saying so anyway that I'm going to show you this is my trade or my course the advanced trading zones so there is a way now see how this just drew this look how awesome this tool is just so excited about this thing anyway if this goes like this it doesn't get an ATR below here depending on what the ATR is because I would disqualify this as a long what I'm talking about here is there's a way if this came back to this prior event I could go long off this event and then trail my stop to that event but we always I always divert to the most recent event so if this gets an ATR below here I cannot take that long off of this event right and then I'd be looking short so I could still go short now off of this new event potentially but we're still not things still not out of the woods it's still in the easy zone flexion zone still right here it's where this thing has failed 85 times feels like we're still I don't think we have new logs yet that's where I bought that mistake right there at that high tick I don't know if you guys saw that unbelievable I'll come back to the flip right here in a second that's my life 24 years nothing's changed that's actually I'd love a ES short too into the log slugs looks like the best 20% this has got to have new logs now I would think not yet alright so this fails back out of here it'll be failing back out of this micro profile I'll still take the short here let's get the zone in let's make sure it's correct remember this isn't these aren't perfectly accurate yet it's just drawing it for this entire time let's make sure this is right so this was by ice so you can see where this started a spike looks like right there see where that red bubble came in with that red bubble so somebody was by swiping it that's the sweeps indicator that's incredible information in its own right and then someone tried to sell it and then they started running in the mouthfuls of icebergs so they sold it there triggered it sold it there still there increased increased came back down again right there increased again see that so that's where the bottom of the zone should be maybe let's see so if it flat lines I know this was it if this kept coming down and this kept going up it came up a little bit a couple so actually I would bring this down wherever this was actually it looks like it's the same spot right around there maybe it's only like one so it's not that big of a deal we'll see and then I gotta be careful because if you hit this X I delete the zone I don't want to delete the automatic zone so that looks right so I'm going to draw the bottom trying to see so the top should be down here this is a pretty narrow zone so you want to get the bubbles off too I hope you draw it to the exact price I believe that's right there so this zone is pretty much a tick it just kept triggering this one price I'll make it like a it did come down a little bit there I said it went from 207 to 208 which is just one lot but it's still basically right there so I'm going to bring the bottom up to there that's correct let's see actually it was down here so this could get you know obviously it gets a little touchy but you want accurate zones especially if you're using the ATR and stuff to trade so that looks accurate 92 quarter to 8975 nice tight three point zone see what's going to go on here probably just missed a short hold on Nasdik so what's great about this too is I keep by default I keep going over here to see what prices the zone is at they're right here 92 quarter to 8975 our is 23.51 alright so I can still short this aggressively for the Izzy for the Slug these are the trading strategies so I have a volume event and a major look that's the Slug I have a volume event at my Izzy zone that's an Izzy trade so that entry will be if I want to go short 62.75 as long as it doesn't invalidate at 15.75 so this gets down to 16.75 I could put on 17.18 MNQ but I want to make sure it's not in the middle of that prior zone and it's real close so this is where you have to make a decision right we talk about entering in prior volume events it's asking for the minimum you're going to get is torture right you see how this cuts off too when the new zone is drawn because there would just be zones all over the place that's not a great thing about this it just cuts it off but you can still see where it was right so my point is my short entry should be at 62.75 well do I want to enter this is another subjective thing about this do you want to enter right into the prior volume event or do you want to pull it down in this case you'd have to pull it down 20 points are you willing to risk go back down 20 points if you don't want to do that you can enter here but I can almost promise you it's going to at least bounce off there once right because these are traders that just got run over anyone holding their breath here that was in the order book that got run over by these stop sweeps they're holding their breath waiting for it to come back when it comes back they go God please thank you let me out I know this from experience this is how I used to react I would get loaded up I would have my point where I would be ready to hold I had my finger on the trigger to puke them and then I would wait and I would say please come back I promise I'll never do that again I promise I'll never do anything stupid again and training God please bring it back and then it would come back and I would get out and that causes the retest failure if you guys can understand these concepts it's very very simple but it will clear up you will be shocked and how well you do if you view markets in that manner so I just got to decide what I want to do here I will probably because it is I'm going to risk the 20 points because then it'll be officially so some of the best trades and again watch the Pamela webinar speaking of which my YouTube channel so I want to go over this too so I can rant but if you go to my YouTube channel just type in Scoppelson YouTube it's actually on there that's this right here if you go here actually I can share this too if you guys want to so these are the videos I post on here we'll go over to my ranting comment here in a second if you guys can find it between Captain Price's quotes good luck scored as well I've posted this many times but there's obviously new traders on here so I want to but I'm going to go over like a scenario that she talks about that's a great webinar I did it over two and a half years ago with her and it goes over some very basic concepts because I was brand new to him and I wanted to understand it so it was just her and I on a webinar asking the most basic questions so you want to watch that it'll help you with the lug-with levels I'm trying to find this in my I posted that in the discord as well alright so anyway let's go to this this quote quickly just because it's so asinine so I posted when the course came out right just because I alert traders and my followers I've got like a whopping 700 followers I'm not trying to get followers with this guys it's like for announcements stuff like that so I posted this this is what this dude says hey Scott I know you're not getting many views and don't think you ever will because order flow is too boring to most traders but just want to let you know you're helping a lot of traders so it's like a like he gave me a compliment like he backhands me and then he gives me a compliment so this was my response I don't post videos for views I can care less I don't even know how that works like the compensation stuff I mean I have 700 followers the point is to get the information out to you guys right I post to alert traders of new content and things they can learn from any incaps trader that thinks order flow is boring and ignores it is not going to be around for very long order flow is boring good luck your days are numbered so that great compliment by the way lucky trader that was really nice that's one of the most ridiculous things that ever hurt so anyway if you think order flow is boring you might as well just close up shop because you're not going to do well over a long time alright so now like I said this short is I'm just going to I'm going to put my stop below I'm going to put my entry I'm going to bite the bullet and go 20 points because I don't feel like watching this thing bounce off your resume I'm just going to go I'm going to put it at 640 versus I'm cost you can do whatever you want the actual entry prices is supposed to be 662 quarter I just know I don't know anything because anything can happen like I said but I'm very there's a very high probability this thing does that or it doesn't 25 times so if you can get through that volume of that kind of like we saw we talked about earlier with ES it was giving you information if it was able to remember I trailed my stop to above this zone and what did I say? I said now if this is able to push an ATR outside of here and push through this zone that's telling me something that's where I stopped out and what did I tell you another 10 plus points above so that was giving you information just by seeing how it reacted to this zone so now fast forward to this I'm forcing this to get through this volume for me to enter this trade so I will put that in right now but the problem here is I can't risk as much because I'm adding another 20 points to the trade I'm just going to eyeball this I mean if I was entering at 62, 75 I could put on 18 I'm just going to another 20 points so I probably could put on like 10 that's not very scientific but I don't have time to go and figure out what it is so I'm going to go 10 and I'm going to go short at 40 it's a long ways away but it's just I'm willing to sacrifice the extra 20 points because I think if this does fail I think it's going to get smushed back down on the downside so now on the flip side though let's see if we got new lugs in here there you go here's your new lugs that makes it feel a little better I can still take me as a trade but I can't take a slug trade on the flip side now as long as this doesn't get to the invalidation price or it's the validation price for a short or invalidation price for this long set up I can still go long off this set up that's in your spreadsheet so as long as it doesn't get to 66 quarter actually I think I already got there let's see nope, did not get there so potentially I can still take it long off of this set up now I don't have to worry about going long into the lugs so if this were to do just seeing if there's any liquidity up here not really there's just this one band here and I wouldn't go long I wouldn't take a lit trade into that because the risk of war is not worth it but say this holds this doesn't get to my invalidation price it's back above here I can take a potential bar of trade to the long side other than that and I just wait my order is working to go short if this zone holds once again I'm going short but I can tell you if this can get pushed through this zone watch out it's unfortunate because I want these markets to go to zero but I will trade bigger to the long side other than that there's a bunch of stuff in natural gas I didn't even get over here let's see if the drawing tool worked I'm sure it did look how beautiful that thing is I literally have I'm going to kiss this guy if I ever meet him in a natural sex role and I'm still going to kiss him because this is just like a godsend for me and for anybody else using this it'll be available go to my website put in the you want an update when this is available and this tool will be available to the public once we iron out the the bugs and stuff like that alright so nothing right here is just sitting in this zone we're getting close to the time too the next cat comes on so if you have questions guys now's the time to ask them if you can fit it in between Mr. Caffeinated Captain Caffeinated that's your new name Captain Caffeinated let's see here actually there's a couple I gotta try to weed them out filter them out between Captain Caffeinated Stephanie you want to learn yes I want to learn your setups to reinforce my other methods go to the course if you guys are part of my trade room you get a discount of the course so if you're interested in watching this I do this every day when I'm doing that in the Bookbamp webinars so you guys a lot of you guys not a lot but I get always emails okay can I get a trail to your room this is a trail to my room guys this is it because if you come to my room then you get access to everything the spreadsheet the zones you know it's like it's too much of a headache for me and you're getting a trail to my room right now this is exactly what my room is like I'm a little more basic in these but this is my room so here's your trail but if you're part of my room then you get discounts to my trading course so join the room send me an email I want your course I'll send you a coupon code and give you a depending on your on your subscription price so quickly I want this every time this is my main site you can see the discounts here depending on which one you get go to Scott's live trade room so now you join if you join for the monthly you get 10% off my course is in mentoring quarterly is 15 yearly is 25% off of any course in here right and I have changed so this is my original course I knocked down the price in half if you want the original one it's still a good course but the new ones way more involved this one's like almost five hours this one was like two and a half right I don't show zone drawing or anything but it goes over the five basic setups we've since added a setup so on and so forth but this is the new course please show us the limit order I don't know what that means only the big please be more specific I don't know what that means Robert knows do you use absorption at a large liquidity levels for reversals while looking at book map you can follow his strategy I don't have the absorption indicator set up there's just too much of my chart I see enough with the suite but yeah you can use absorption I mean the liquidity is absorption if it comes up here someone's absorbing these orders right they're just sitting you're waiting to be hit and they're absorbing but yeah it's just I think it's redundant for what I'm looking at right because icebergs are absorption liquidity is absorption I can see sweeps so yeah but yeah it's a great indicator it's part of global plus as well you guys want to get global plus that's on my website too once again I put in there everything on here and you get discounts to book map global plus you gotta get that's the discount you want global plus because it gives you the sweeps absorption that's all in this document guys right so here's the course here's the spreadsheet if you want the spreadsheet if you're not part if you come in my room you get the spreadsheet if not you can get the subscription to it website email twitter here's the trade room um actually I have this twice sorry shouldn't be here and then here's your discounts this is the same thing that's on my site this is for global plus this is the marketplace if you want to get the SI indicator then be a bundle which you're going to one if you're going to follow what I'm doing because that's the core of my trading Apex trader funding use this code for any any sale they have that'll give you an 80% 90% this code works for them all spot gamma tick strike discount there's no discount for spot gamma but you can get the hero you want to use the hero we haven't looked at that today so let's take a quick look at that if you want to use the hero to document your trades it's very very important and then level I want to take a look at hero here and see what it's looking like so I have next expiration so this is zero date to expiration that's this one here you can see it's starting to move a bit lower that's important hero is it's important to watch it especially when you get big moves but some days it works some days it doesn't just like anything else in trading moving lower they're basically it's bearish for the market you know this is just another like a confluence another thing to base your thesis on right so I already know we're in inflection zone so this is for yes so if we get you know if I get a volume it's just poking a set above right now but if I get a volume of any and I I'll take the easy short and then I know the hero is moving lower too that's just another layer like I said that's about it for that so I'm going to go short Nasdaq we basically hit the entry price I didn't do it into the zone I put my 20 points lower that was my personal decision if you want to go short right here and you love the short go for it Sanjay I'm from India please suggest some platform for trading and CME NYMEX and COMEX platform what you mean for charting well book maps your platform but if you want like the charting like the basic charting like this figure swim I don't think you can I'm getting off of this anyway here surely Ninja trader trading trading view and a lot of people use I don't use that but I'm switching to Ninja trader here soon do you look at fundamentals by the man of commodities I think the order flow are fundamentals but if you're talking about open interest and stuff like that I do not I don't think it's a bad thing definitely I've never seen huge edge in it for day trading but yeah absolutely please show us the passive order signal what does that mean the passive order signal passive orders are orders in the order book these are passive orders they're just waiting to be filled aggressive orders are market orders that's what you're seeing on the chart in the bubbles the bubbles are aggressive orders people hitting bids taking offers passive orders are the orders sitting in the order book aka liquidity and when it's really dark it's just showing there's more relative to the rest it's very important information as well so let's start to hit these fang stocks a little bit too so that's this could get interesting again I will go short I can't go long off the setup now anyway so it's either I'm going short or I'm waiting for a new setup and I potentially will go long but at minimum if this gets below that zone I decided not to end it right here off the size right here so I'll put on half and then I'll get in half if it gets down to that 40 level just because I don't want to you know it's 22 points I don't have a full position on but I want to this is the official price I was supposed to be in 62 quarters so I'm in half if it gets down below here through this last volume I'm going to put on the other half again someone this is subjective most of it's black and white sometimes you got to make decisions guys that's the better you'll make more informed decisions all right captain caffeine's still going crazy so all right guys it's you got your next guy from Bookman coming up for the webinar Tom B so go watch him but this is what I do every day my trading room come in there you get discounts to the course if you want to learn what I'm doing get the course goes over everything detail it's been a long time I spent a long time working on that thing so it's finally ready there'll be a new very very soon hopefully by this weekend and then the trading strategy course and then down the line market pulse too but you all get emails for that and when this drawing tool is available go to my website put your name in for the email list and then I will email put a nasty email out when that's ready as well all right have a great weekend guys and I will see you next Thursday thank you