 Good morning everybody, can you hear me and see my screen need to go through this as I still just kind of get used to this discord If you can just type yes in the questions there for advanced webinar hashtag advanced dash webinar Just make sure that We're all good to go. Okay. Thank you, David Tarantino and Let's let's get going. So Scott are are you I think you're in here Ready to go. I'm sorry. Let me let me go through the disclosures, etc. And then we'll we'll jump in here with Scott All right, so Anyway, welcome to the the advanced webinar. This is the live education you get here with Your global plus subscription. We've been doing it for free in here for like since the you know the holidays basically and just getting up and running here and You know growing our discord and and seeing what we want to do here in discord Anyway, today we have Scott Pulsini futures trader. We have him every Thursday at 10 a.m. East Coast time He will be going through some live trading it is your insight to a specific trader professional trader and how they Analyze the markets their setups their ways of trading as well as a trade management And a kind of outlook or a trader psychology on the markets You guys know who Scott is And then you have Scott's contact information here I'll be putting this into the chat so you guys have it if you want to Reach out to him. He does offer mentorship services. You've got a website his email his Twitter He's got a trading room that he has on discord as well, and he's got an educational course He also offers a trade copier service, but you reach out to him for more on that I got to go through the disclosures, and then we'll turn it over to Scott Just make sure you understand what you're getting involved in with here. This is not a trade copier room it is all about learning from another trader and their Approach to the markets so that you maybe you find something that Resonates with you that you want to integrate within your trading. That's what it's for learn from the professional traders here Anyway general disclosure all book map limited materials information and presentations are for educational purposes only and should not be considered specific investment advice nor recommendations live trading is in simulation demo paper trading mode and Strictly for educational purposes live trading executed in simulation cannot accurately represent realistic trading performance risk disclosure trading futures equities and digital currencies involve substantial risk of loss and is not suitable for all investors and Investor could potentially lose all or more than the initial investment risk capital is money that can be lost without jeopardizing one's financial security Nor lifestyle only risk capital should be used for trading and only those with sufficient risk capital should consider trading Past performance is not necessarily indicative of future results. All right Scott Take it away start to start to hit the screen button and Let's get this show started Yes, how are you? Yes You're kind of your kind of voice is kind of soft Scott Okay, so where do I do I just right-click advanced webinar? I'm not seeing a mute option. All right. Can you still hear me? Yeah? Yeah Okay Um, oh, I'm sorry Scott if I I need to interrupt you just beforehand We get a lot of traders in here for these webinars Discord can only show 50 streaming Can only handle 50 people attending one stream at a time. So I am re-streaming If you don't get access to it then come back in and Join my stream there the voice channel will be open. So you'll hear Scott You'll just be accessing my re-broadcasting of his of his screen That's all Scott All right, so I'm currently long here It's his black zone. We had some cell ice come in I'm some more on this zone here this black zone in this blue zone We had some bias just come in here almost 200 and then another 97 so I got long off of this Cell ice black zone and I was I got in aggressively so my my usual All right, so my normal, you know the way I usually trade these zones It's the conservative route where I wait for a full ATR or retest fail and I get in three cores of ATR this one I got in three cores and ATR aggressive entry Because of the my Ludwig thesis analysis, so you can see here Ludwig levels I've really started to use these More for like a thesis-based thing these are incredible for a date they're incredible overall, but they're really good for day trading and you know your It's it's an art, but You're judging based on what should happen what shouldn't happen when you'll see as we go through these You know how I'm coming up with my thesis for what's going on here, but Currently we had these levels here. So again reserve the red is the red is Resistance the blue is support The yellow is directional. So there's the directional line so We built new lugs here you can see here and we held prior red and the yellow directional. So anything above the yellow You're expecting it to get to the red, right? So that's my target right now on this position I have and any any setups I get in book map I will enter aggressively to the long side if we're above the yellow if we're below the yellow Then I will go out enter Aggressively on the short side I will still take shorts in this area if we get a setup and it's a bearish setup But I need then that's when I will need to see a full ATR move away a retest to fail Then I'll go short so I'll trade both ways But I'm more conservative with my entry if we're above you know on shorts if we're above the yellow And I'm more concerned with my entries on longs ever below the yellow The so the whole idea here and again I put in I could put it in again if you guys don't have it I put it in last week. I gotta do a scroll up But if there's enough guys that don't have it I can put it in again if you watch that love with level Meeting I had with Pamela Ludwig. She talks about you know, what should happen? What shouldn't happen? So when you get above the directional this should get to the red If I see a negative volume event that's telling me something's wrong, right? You shouldn't see a negative. I shouldn't say negative a bearish volume of that You shouldn't see that and if that happens then you got to change it change it to So I'll come back to you in a second. I want to see what's going on there's a lot of ice Flowing in this area and yes, so you can see here A little bit ago we had almost a thousand icebergs at this black zone and then this just came in again That was that and then you had this come in even more Another 1300 I should get it just the bottom of this. I'm gonna incorporate both of those Yes, it's trying to rain on my nasdaq party and as it keeps trying to rally and then the cell ice keeps coming in then So here's some more cell ice another 17 or another 700. So you got Almost 3000 over 3000 cell ice in this zone right here. So how am I gonna trade this if it depending on what happens here? All right, so where are we well The same type of look Prior lugs we built new lugs We held prairie are the yellow and the prior red that's bullish and the expectation is to get to these targets here 87 80 and 87. This is a baby lug. We call them and then the main look So now you see a volume of them coming in right here So this should not turn into a negative volume event It should hold and then we should get up here if this turns out and it breaks a full atr below here and retest Then I will go short because you should I'm basically changing my tune because this should get up here So when you watch that webinar, she talks about what should happen, right? So we should go up and tag this red if that does not happen and I get a negative I keep saying negative a bearish volume event That's telling me something's wrong and I'm expecting to at least come back directional and maybe I'll way back down little blue So here here's an PICYS for the US 700 contracts Some bias coming in too. It's basically all in the same zone. So whatever way we break out of the zone You're going to see the major move. So we'll be watching that So you can see here. You can go back through these level with levels And in any market and just watch that this same Scenarios unfold every single time right so here's a perfect example hub So yesterday we actually caught this short In the morning and we caught it. I actually posted that youtube video in the room You can watch it We caught the short in the morning and then I caught the short in the afternoon as well when we moved down here But the reason I was looking short in the afternoon is Came down here built new lugs. Here's the yellow directional. Here's the blue We tried to rally up. We we couldn't tag the red obviously and then we get back below the yellow I had a volume event. I believe it was a stop and hold I got short and the The objective was the blue lug and we went straight down there. So that's my thinking here So this should hold and come up here if that doesn't that's the negative The parish volume event and I will play it the same way like I played it here Um If I do get short, this will be I'll be watching this closely to take off a couple This 48 and if we happen to rip through there, then this is my next go Otherwise that this can hold I'm going to go along This this area This setup and I'm going to go along aggressively out of here, right because we're still above the yellow Here's your volume event. So if this gets a three quarters of an atr out of here, I will Take along. So atr is 6.76 My little handy dandy calculator 6.76 times 0.75 is 5.07. So five points out of here I will take along Top of the zone 75 50. So 80 50 I will go along If this gets up there, it seems to go on with enqueue And it's still alive here. So what I did was I originally went long off of this aggressively, right? and I put my stop three quarters of an atr at the time Atr is right now 28. So at the time it was I think it was over 30 And this was my stop and then I had a new event, right? And now I can trail my stop three quarters of an atr below this new event And this is how you can also add So say we come up here and you get another event you can trail your stop You can add you can trail your sass. We had an instance like this yesterday If you watch the webinar that I posted I'm sure I was shorty. Yes, and that was long goal S&P I Seisford by ES 721 conference Gold I had an opportunity to add add add It's just very hard when I'm on the webinars because I was you know I'm watching these other markets and I'm pulling these I have one screened so I'm pulling the stuff back and forth So the point is that could have been a month making day in gold yesterday But watch the webinar and you'll see what I'm talking about How I was there was a new setup and I trail my stop new setup trail my stop And should have been adding based on the lugs and everything else But again just watch the webinar and you'll see what I'm talking about All right more ice coming in here. So this zone is going to be Instrumental on the next move So if we do that we're going to rip we do that bye bye Wait for that again. I will be conservative entry on a short side aggressive entry on the long side Nasik is flirting with a stopout start the day Because he has keeps raining on my parade with sell ice So we'll see if this can hold If not that's telling me something right so if this doesn't hold And I get stopped out. I'm looking for the full ATR. I remember this is at a three quarter I'm looking at the full ATR, which is 28.83. So 29 points If I get a retest failed and I'm going to go short because you should not see a bearish event Above the yellow lug if everything is kosher and it's supposed it does what it should do right or what it's supposed to do I should say So again, we're above the yellow. You are expecting a tag of the red If you see a negative, I'm like, how many times am I saying negative if you see a bearish event Something's up. That's not right and that means we're coming down to here and possibly there So that's how I play those Um Something just fired off on wheat. Let's check this out in here. This was beans earlier. This is an important zone, too Probably go long this let's check out the lugs Right, so I will be aggressive On a trade here. Actually, I missed the merger entry What happened here came up here built new lugs. Here's your directional held held And now we're above the objective is first objective is red lug It's only six points away six cents away under this because This was an overnight trade. Actually, this was a winner or scratch. I can't remember but something happened overnight. There was a big stop run Um So that is basically three quarter. I can guarantee you that's three quarters of an ATR I should have already been in this so this was the setup Right and I'm stopped out of the in that queue. This was the setup here There was sell ice 200 buys 200 dueling icebergs in this zone. It doesn't matter what it is. It's there's Committed traders in this area, right? So we had an ATR move away I'm guaranteeing that's an ATR. Let's see This was uh 95 25 we got all the way up to 97 Three quarters, so that's two and a half cents ATR is two cents. So that's definitely an ATR more than an ATR So I would have been if I was watching this, I would have been in the first time I got three quarters of an ATR. So we retested we failed now I'm in So now my objective is The red lug so my stop is going to go two So one and a half cents three quarters of the ATR the ATR is two so three quarters is one and a half cents So my stop is going to go one and a half cents below the zone bottom of the zone is 93 50 So my stop is going to go at 91 for this trade So this is not the best trade per se because the red lug is Many times resistance, right? So I'm basically risking six cents to make six cents and that's not how I like to trade I like to be getting multiples on my when I put on a trade I like to say okay, I'm risking one to make three one to make five, right? So But this thing's pretty bullish So now what I'm going to do here in Nasdaq is I got stopped out right now if this retests the zone and fails I'm going short because this you should not have seen a bearish event. This is bearish. This was this ice right here You can see the white snake Bruce loves when I call them snakes. There's a black mamba. There's a white snake These are just swipes sweeps. It's a sweep indicator, but that was all part of the iceberg Now here's your full ATR below if I get a retest fail I will get in a three quarters from ATR and myself is going to go three quarters and ATR above there And I'm going to play for the yellow lug and then maybe the blue lug So it means it's ripping so actually we'll come back here in a second So I'm going to show you this is what I'm talking about. That was a good time in there. I'm glad I pulled this over Um So now here's a new event Actually, this is I'm getting out of two right here automatically So I got out of two because we're at the uh, we're at the red lug, right? I'm just I usually get out of some if it just if it pauses it all them out Here you go. This was the objective, right? We got it immediately Now it's kind of struggling here and now we have a volume event So if the volume event turns bearish, I'm going to turn around and flip and go short Because I'm aggressive. I know it's above the yellow lug, but I'm aggressive at the main the major lugs The other way, right? Because it's so many times. I can show you 5 000 examples of how they're, you know The resistance and support and they hold them all the time So this is this event right here Change this So you try to use yellow for stops Yellow and white. All right. So first of all most importantly stop wise We said a point and a half, right? So now this is a new event. I can now move my stop a point and a half below here so that would be 98 75 96 75 97 So that's a point or no, I'm sorry 97 quarter. That's a point and a half below this zone So now I'm basically this is a risk-free trade, right? And this is what's important We talk about this every single time. I'm not trailing this stop Because I don't want to give back profit Your the market does not care about your profit and what your Market cares about events volume events. That's where you trailer your stop Not because you don't want to give back money if you're trading Like that because you don't want to give back money You're not going to be here. You're just not going to make it overall. I'm telling you right now You've got it. You got to place your stops Where the market will respect it not because you don't want to lose money So this is based on this setup and actually what I'm going to do if this fails I'm going to turn around and go short because We're getting a that would be a bearish volume event at a major lug Ludwig level And I will turn around and short it right This bus through here builds new lugs, then I'll be looking for long more long opportunities But again If this is going to hold and build new lugs, you should this should not become a bearish event, right? If it does it's telling you something's up. You got to be ready to peel out and then I'm going to turn around and go short That working. All right, let's see what's going on Not retest the sewn yet unless something new comes in I'm going to I'm waiting for a retest of this last event SI event Retest fail. I'm in at three quarters and I'm playing down to the yellow and the blue lug The only thing is this is why I thought this was a good winner I mean a good trade you can see above here Talk about this almost every webinar too. What is this long term liquidity long term? These will get filled most likely today, right paper always gets their way. It doesn't mean it's going to go straight there You can bet that that's going to happen. So I'm almost hoping this doesn't turn into a Here's your retest. I'm almost hoping I don't have to get short here I mean, I'm not going to not put the trade on because the volume is up there or the liquidity is up there because It doesn't mean we're going to go there right now. We can go there this afternoon, right? So I'll still take I'll still take shorts knowing that's up there, but the ultimate goal you can bet we're getting up there today All right, so here's the retest of the zone ATR is 30.23 so we go 30.23 times 0.75 Is 22.67 so I'll just say 23 points. There's 23 points below this zone. I will take a short The zone is that again. I'm talking about the blue zone 57 quarter So we got 34 quarter That's where I will go short So if I get filled on that then my stop is going to go 3 quarter from ATR above this zone, which will be right in the liquidity. So that should be fun I'm almost literally hoping I don't get filled on this trade because I I'd rather just be long on another long setup Follow my rules. This is how you trade, right? You don't You got to get to a point where you're not subjective, right? You I have my setups I have my rules and this is how I trade them, right? And you know, even though it feels like even if you watch a webinar from yes or the yes I'm like this doesn't feel this feels like it's going to turn around and rip on me It's feel it doesn't matter what it feels, right? I still follow my rules. It doesn't mean it's always comfortable But that's where traders get in trouble because, you know, they like to say it's intuition But I mean I have intuition too, but I've been trading for 23 years or whatever So it's like I've been tuition, but my feelings still aren't right all the time, right? So that's why you have to have something that's more mechanical and automatic Right? It doesn't mean like, you know, there's going to be times where you can use your intuition If it's ripping up and it's struggling at some liquidity or something Then you say, okay, I'm out of one or two. That's fine But as far as the setups are concerned I'm not, you know, I know this liquidity is up there, but I have my setup and this this turns around and sells off I'm going short. Again, it doesn't mean we have to hit the liquidity right now Again, I'm hoping I get a new bullish signal because I really want to go long because I know we're coming up to this stuff up here Of course, they had to stop me out first. Did I get stopped out to the tech? No, let's get at least no complaining there All right, so let's go back to the yes. This is actually going to be The major The crew number is coming out Serbians is ripping There you go. As she now let's see if we pulled new lugs We did I'm going to add to this trade So if you watch that webinar I posted before with her, this is a signal like if this Fails here and gets back below here. There's something wrong Like it didn't it didn't have the power to generate the new lugs And then the short will be the play but I'm hoping this builds new lugs and I'm going to add to this trade and we're going to rip So you got to do this sometimes on seer chart because it's you have to do everything yourself And you got to refresh these just making sure new lugs aren't built yet All right, let's take a look here So the one issue with that we're taking along on the yes here I'll still do it, but you know, you get I'm basically going to get along like right here And you got baby lug here and this lug here, but That's fine. I'll still take it Weary of those lugs so close to the to the trade. I'm actually going to be getting in right at the baby lug There's enough volume in here. I'm fine with taking that chance that we're going to rip Build new lugs and then just why So, you know, overall we're still very bearish and all we're doing here So I still look at bigger picture stuff, right? But you know, we're day traders. I'm a day trader and a lot of times So for instance, here's balance, right? First of all, there was major balance that we broke down from This is all you always want to have this in the back of your head. What's going on big picture, right? Because then not those are the ways you're going to get the bigger Larger moves the counter moves are usually more shallow and You know, not as big and then the big moves are the in the direction of the trend is where you get your big moves, right? So This balance multi week balance fail breakout, right? Here's your high volume node We retested it it held like it should have if the market's going to remain bullish Came up here and then started building balances and breaking down You had a fail breakout here kind of like on the bigger picture And you had this guy here and we broke down yesterday and all we're doing now Is retesting and this zone is actually right in the middle of this is retesting the high volume node So this is still bearish Until it can clear this guy and then we'll probably come back to some of these But this is still if this whole like if this ice turns around and breaks, this is going to be a good trade Right, so we're this is still in a bearish state. So you just want to know that stuff. Obviously, it's very important But we talked about this last week, right? Okay, that's great that I know this is bearish, but you know, we're day traders So if I want to get short here, you know I basically would put it on here and then I'd have to like stop out above the side of an item I mean that's like risking maybe 20 25 points, right? So it's like You know, it's not always the bigger picture isn't always tradeable as day traders, right? So that's why you have the lugs and obviously the volume The si volume, which is the most important factor of them all And let's see if anything changed here at this atr where my answer is going to be Say seven seven times points out of five is five and a quarter points. So I'll just move this up a quarter And That was nice and cute it go down there and stop me out when I knew this was going to happen. That's great That's not a new effect yet I look for 150 or more. Let's see if we get filled there and yes A little bit leery of this long and yes, though Like I said, I just showed you where at the hive I ignore that prior balance and you can see I'm basically going to be getting long At a baby look which many times is resistance But there's enough volume here that I think we can blow through both of these And then that would turn out to be a failed breakdown of this balance and we should rip All right, filled on that So what I can do now though is trail my stop, right? Here's a new event 1500 stops So the cell ice was probably part of that. How did that how did that taste? Someone's not really happy right now that they shorted down there Here's your stop run What's great about this again when you get a new event you can trail your stop And and or add I'm not going to add right here until we can build new luck We build new lugs and I will be definitely adding But you know, we're approaching this red lug right now Probably get out of release one If we struggle once again, here it is 87 All right, so most importantly five and a quarter is three quarters in ati so I can now The bottom of the zones of 78. I could put my stop now at three quarters in ati below This zone right before it would have to been below this zone. So now I'm only a risk. I'm not risking much here at all If this is wrong What I say 78 73 72 75 is the stop. So that's not Too bad of risk Considering how volatile these markets have been lately All right, so you got new events coming into more sell ice and I guess they changed your mind puked and so today Let's get back in again. You don't know what's happening. You come up with you know a thesis or theories of what's happening It doesn't matter right? It doesn't we get this all the time like new guys that come on here And they don't understand this and like well, how do you know what they're doing? They could be hedging or they could be getting out of positions. It does not matter There's someone on the other side So the area is what's important. It doesn't you're never going to know what people are doing unless you're the almighty, right? So don't waste your time trying to figure it out Know the area and know how it should probably react And then what it should do and what it what it didn't do and then you have yourself A tradeable area, right? It doesn't matter what this is. Could be guys getting out. Could be Edging of options. It doesn't matter. There's someone on the other side There are invested traders in this area just like there are invested traders in this area Right and I guarantee you some of the sellers in this area were part of this puke, right? That's why it was such a large puke 1500 contracts So let's see if this can hold Simply built new gloves and soybeans because I want to add to this trade here So we did so this is exactly what I wanted to see right Here's new lugs. Here's your yellow directional. Here's your prior red. We're above there We're retesting the yellow this holds. We have a volume set up as well. I will add and that's my objective 1419 Here's your I am event that we just trawler stop on So I'm hoping this can get back down here. You know, I don't even need it Well, it's at right at the other log. So I'll wait you guys usually conservative at the other log So here's your ATR way more double ATR I'm looking for a retest failure. I'll give me that point and a half three quarters of an ATR And I'll my ultimate goal is 14 14 And my stop will go in the same spot as this. So now what I'm going to do though. I'm not going to I will not short this Area now why because it's been invalidated as a short Area because we got a full ATR above here. So all I'll do is take longs or stop out I won't turn around and short if this would have held this zone and broke Then I would have gotten short because we didn't violate the area by an ATR Hopefully that makes sense A lot of talking Bruce any questions right now? Uh, no, no, it's pretty uh, pretty quiet in the questions here Oh Yeah, again, just just an incredible educator Yeah, yeah So this is not cool Again, you know, this was going to happen. I knew this look here to get filled I was hoping to get another opportunity. I got stepped out All right, so this is now done I'm canceling this short because we got an ATR above this. So right On top of this almost 84 We got this um, that's almost 40 points away. So that's definitely invalidated We hit back the backstop here. You can see the swipes Remove this because we've traveled travel at an ATR above and below I'm going to make this you can see look at the swipes here. So this is significant, right 400 a thousand 400 That's basically part all part of these two stop runs. So I'm going to actually draw this zone I don't usually just draw it not yet, but I will eventually I don't just draw zones on the swipes snakes as I call them Um, just on the assigned indicator, but this is this is heavy enough I mean, this is incorporating both the stop runs. So I'm fine with drawing this zone You want to incorporate all the prices? So there's your new zone. Let's check out the lugs Here's your pullback to soybeans. Let's just check that out real quick because I want to Now I can put this order and add to this trade. It should be retesting the zone Pretty close again. I if it gets within two ticks, I consider that a retest The top of the zone was two quarter It's got to 275 So if this turns around and starts ripping Let's just check the ATR real quick to make sure we're accurate ATR is 2.47 So 2.5 times 0.75 is 1.875 So I'm just going to I'll go two cents So the top of the zone again is two and a quarter I will add to this trade at four and a quarter if I get filled stops going to go in the same as x spot Three quarters and ATR Actually, let's make this two cents now. This is why you use ATR. It's dynamic and you can shrink your stops stops or target or entries or Expand them based on the current volatility, right? That's why we're using the ATR. So this is 96.75 now because the ATR is increased So if I get filled I'm going to put my stop in the same spot So I'm either going to stop out of my long if this fails and comes back through here Or if I get filled I'm this it's not this is the same place. I'm going to stop out Three quarters and ATR below the current volume set up So I was watching I forgot about the zone in russell. I don't think I retested it though I was watching this to get long. This is right at the open huge south by ice We did not get back here though, and I was going to be I was not aggressive on the break of this zone Looks like it should have been but this happens, right? Sometimes you don't get the full retest But the reason I was I did not get in three quarters and ATR on this zone is because we were below the hill Which I will show you if we weren't russell. I just heard by alert at our key 150 contracts That was down here right so you can see So if I was watching this I probably wouldn't even though we didn't fully retest the zone I would have seen we did get it. So what do you see here? So first of all, what happened down here? We couldn't tag the blue. That's telling you something's up As soon as we get above this yellow I mean if I would have got so this was the event that I I was going to go along this event because basically what happened here too I was waiting for the retest, but if I would have seen this yellow I would have I wouldn't have waited for a full retest off this zone I would have just jumped probably jumped in and then put a stop below here if I was watching this You could see pre-tested yellow All right filled on soybeans. So now my stop's gonna go there and now my objective is that red lug, which was I think 14 Russell I just put by alert at our key in 18 150 contracts So I'm that's my target there. Russell I just put by alert at our key 151 contracts All right, so I gotta be careful here All right, so you're saying there's some icebergs and Russell look at this coming in here. Look at this 600 icebergs thresholds 150 Four times normal and it's still coming in by icebergs. I guess it's all icebergs. It's by icebergs So come down here By that Top of that and just incorporate all the prices. This could still expand. We'll see but as of right now Major major major area. So what should happen here? Well, like I said Based on the thesis this should tag This this should hold the size that just came in and we should get up to here If this turns bearish something is wrong We didn't tag this you get a bearish event. We're coming down here and then probably there And I will play to the short side. I will play long aggressively out of here Three quarters in atr. I will play short, but I need to see The atr a test fail, right? I'm being conservative on the short side aggressive on the long side because of where we are with the lugs Atr is 47 ticks 47 times 0.75 is 35 25 so just say 36 36 ticks top of the zone is 58 94 as well line are the straight if I get filled first objective is 2105 Ain't objective. We'll see how great it responds up there Again, that's not a huge. It's I'm risking more than I'm potentially getting the bounces off the red lug But we doesn't mean we can't bust through those lugs either. So we'll see This is a major volume event right either way this breaks. You're gonna get a big move because of this Again, it doesn't matter why whoever did this did it put in this huge bias All these sellers are like, oh crap. Wait a minute. This is not working out and then you get the puke or the sellers are right and That down there'll be some puking from the paper Or whoever tried to sell in that area All right, so we want to again monitor this trade here closely Because we're real close to the red lug 87 so if the struggle's at 87, I'll get out of a couple of these You can see up here is spot gamma level two and this is a very important 4600 is important if you guys read the spot gamma Try to look at that here in a second All right, so the new event in nasdaq. I'm waiting to see again This sucks because I knew we were going to do this because we're still going higher But we had to have one little blip down to stop me out. So this lug is at 60 actually I don't need to do that. It's on the side there's a 60 So what I'll do here 32 point 32 is the atr times point seven five 24 points. So 24 points above here It's actually 24 and a quarter points. I will go long Of that entry you're considering the lugs up here, but we do have that. I still think we're going straight here. So We'll get there by the end of the day. It may not be straight there, but So now but if this zone fails, what am I gonna do? Well, it shouldn't fail if the objective is the red lug It should get to the red lug now if it doesn't then I'm looking I will go we go full atr So 32 points retest fail. I'll get a three quarters and atr and I'll go short So again, it's all about what shouldn't happen What shouldn't happen with the lugs and then the same thing with the you shouldn't see a bearish event here If we're getting to the red lug Right fill in add It's right ahead. So that's that trade So just wait now. I want to see what it does at 87 right around this So the lug in the lug is right around this area. So We struggle. I'm getting out of two and I'll see what happens if we build new lugs So we've got two orders resting here to get long rustle and nq still on this zone Well, look at that. We're rallying. What do you know gas prices here to be 10 bucks And what was this? I'm sure I missed a trade Yep I'm gonna delete these other zones because the number came out and we trailing atr above and close So this was there. You can see the snakes swipes sweeps This was this event right here 176. So let's see what I would have done Potentially still get in but let's see And this is actually a pretty tight zone. Okay, you can see the tick strike We want to see them start buying the crap out of these uh stocks and then we'll get to that Red lug Yes, all right, so I'm almost positive I would have been aggressive here out of this zone. So I missed the boat lug wise Actually This is probably new lugs here. Why you're not seeing? Yeah, there's yellow right there 86 23 So I would not have been aggressive here because we're right at the old lugs So what I will do with this read we got here. That's that stop run if we retest Go I'll go along. There you go. That's definitely Make sure that's an ATR above there 16.4 So say 17 ticks that's definitely 17 ticks out of there. It's over over 20 was about 24 ticks out Now if I get it retest here three quarters of an atr. I'm going long In my objective My target will be The next red luck All the way up here 87.09 I don't miss this retest fail Means is ripping our ripping. So what did I say over that objective was? 18 I think You guys would be amazed at how how Magical these Ludwig levels are like it's just like this weapon if you can watch the webinar from yesterday I posted in the room. It's like I felt uneasy about the trade. I'm like, oh, you know, yes was selling off I'm like, here we go. I'm like, but my objective should get to the blue and it just Literally didn't even I mean it just kind of sat there and then just kept drifted down right to the blue So again, I don't need well. You got baby lug here too. Let's I might take see You get these baby lugs. We didn't quite touch it But if we get up there and we stall I'll get out of probably one Um, but my main objective is the red lug you put on the trade and you wait for your your targets Unless you see another real-time volume event and then you have to change your tune But if nothing comes in I'm holding this trade at least till there Maybe more if it rips right through them those new lugs, then I'll hold in the next set of lugs Bird here if it struggles at baby lug in 75 Baby lugs are not as strong, but you still want to respect me. All right Wait for a retest of this sound and crew to go long I'm resting harders here. I'm about to get filled in Russel We call Russel in the room Because I mislabeled it one time and the computer kept reading off Russel. So we call Russel And then I'll get long as I got there And I'm still on the yes That's the Red lug You got spot gamma This comes back below this right here. I'm going to get out of two of them right Because trust me if we if we come up here and build new logs You're going to get another volume event and I can get right back in long. I don't need to See where we're at These are very strong. So what happens if I get a bear signal right now? I will get in aggressively because that's how powerful these things are as support and resistance But if this rips right through and builds new lug, you're going to get another volume event And then you can get back in I can get back in full size and and that's Still no questions, Bruce I like the questions because I can stop talking for a little bit. Yeah. Yeah, well, it looks like Maybe a couple people are typing here. Yeah Someone's asking about what maybe exactly are baby lugs So they're just Again, whatever her inputs are I was talking about yesterday. I guess she's on that's on the webinar too I said a higher power is spoken of because whatever her inputs are for these lugs again, it's proprietary There they are it's it's amazing. It's like literally like magic, right? Um, but baby lug like this would be a baby lug. These are minor lugs Here so if you look on here if you go to the actual studies, you know, this is studies over here So these are all it's like you have your directional. That's the yellow This is your blue lug red lug, and then you have minor lugs It's I call them I call them baby lugs, right? And then you can see it's like to these Or these sometimes they're they're on top of the major lug That's why you don't see them in every on every chart because they're just and the more lugs you have in one area The bigger, you know resistance or support, right? But I'm I'm telling you guys they are Not only as targets, but just understanding What should happen, right? This is the new new lugs here. This should hold You should get to the next lug exactly happen doesn't mean it always happens. What if a negative event comes in? That's what I'm saying. Well, that's there's something wrong and you're ready to go short then The more the better you can get at reading these and understand what should happen Then you get your volume event which is in you know the si indicator Which is by far the most important that was nice and understood me out to the exact tick by the way Which is by far the most important Then you have yourself probably the most incredible edge i've ever seen in trading so You know my my issue was That webinar I posted last week again if you guys want the webinar reposted in the room Let me know i'll post it again I was not using these in the proper context as far as you know What should happen what shouldn't happen that kind of analysis? I was just using them I would get long off a volume setup which are powerful by themselves as I proved in december I traded for the room the entire month just trading volume setups not looking at anything else and that was profitable, right? You know when you get to your volume setups Then you know, I was just I was just using these as as targets But there's a whole nother world of understanding what should happen what shouldn't happen when you you know You build new lugs the yellow should hold and it should get to the red here's one here Here's one here, right, but if that doesn't happen that's telling you okay something's up, right? So that's that's what I wasn't incorporating in my trading and I changed it basically at start of the year And it's just I've just been killing it now, you know, I was doing okay I was doing well with just the setups But now when you incorporate these especially for targets and things like that It's it's a whole other world. So watch the video if you guys want me to post it again Let me know if there's enough requests bruised and I'll post it again Even though I can't find the chat in here for some reason I see the Advanced webinar, but I don't see the advanced webinar chat for some reason which is really strange No, it's just uh to to up from it. You'll see In fact, we'll get rid of the basics one. Um, why don't Here I'll show you What I see This is what I see Yeah, no, not not not in there Not in there. I mean, no, you're streaming in that one. That's the voice channel No, I understand, but I don't have the you can't see the At that usually you can see the text channel You know what I'm saying? I don't see it. So go go then scroll down. Maybe it's below it No, sir And it happened I think when I when I muted this that's Yeah, see that's really strange. You mute it and it's gone. Okay. So there you go I don't see if there's any Again, if you guys want it, let me know and I'll post it again, but it's posted and I posted it last week All right, um So just waiting to see if we build new lugs here And waiting for another volume of that We got that I never got filled in NASDAQ yet We got that Russell Russell I am filled. So what am I doing here? Um So now check our ATR 43.7. So just say 44 44 times 0.75 It's 33. So 33 ticks below the bottom of the zone is my stop out. So 25 Last two digits. I'm talking That's where I will stop out of this long. No, that's incorrect This is the bottom of the zone right here. I was looking at the top of the zone bottom of the zone is here So 33 ticks is 80 So that's pretty large risk, but again, this is a major this is a major ice too. So Four times normal this should hold we should at least tag the red luck if I get stopped out Fine, I take my loss But now I'm it's go time on the short side right because you should this should not turn into a bearish event This should absolutely tag this this red luck If it doesn't and then we violate it and I get stopped out Well, a lot of this is what I'm talking about what should have happened and it didn't we should have tagged this lug Then you get a bearish event. That shouldn't happen Now I'm going I'll get stopped out, but then I'll be looking for a short and then these are my targets We're retest and getting close And we'll go along this in 0.2 Times 0.75 12 12 15 12.15 so 12 ticks. So if this comes down here Retest this zone Of course an ATR is 12 ticks. I will get in at 25 on my stop will go 12 ticks below this zone And I'll play for the new red lug But I need to see a retest ripping Yeah, scott. I found the Lugs webinar, uh, it's above in the chat from you know You know last week, but uh, everybody just click on the link there. You'll see That'll take you to it scroll up to it Cool. Just remember to scroll back down to to the current chat I don't know why I didn't get an alert on this, but this is a new event Soybean Iceberg cells. Yes, there you go. 212 contracts could have added to the story of these top stop guys. Yes 905 contracts. There you go. I wonder if this is at the Red lug. Well, look at that shocking I'm out of three here And now we have a new volume of on two. I'll go back to lugs here in a second I'm gonna get this drawn. Look at this huge stop run here So this should not this should hold hopefully a button who loves and I'll get back in right So here's your stop run. Look at the stop. This is this is an amazing stop run there Huge So there you guys, I mean this happens in every market all day long, right? So we'll go over this here in a second. Let me get this drawn so I can trail my stop Check out the lugs But it's like do you see like there was no sweat no Soybean Iceberg cells. Yes 206 contracts. I got my volume of that. I knew what my target was sitting at trade, right? So I got a two right here or half of them here right at the red lug So now let's see what happens here worst-case scenarios. I trail my stop up. Let's just get this out of here It's not confusing people. I just drew that but we have a new event. So it doesn't matter You always default to the newest event. So now the bottom of the zone is 12 12 ATR is spiking obviously 3.75. So 3.75 times 2.81 so we'll just say 3 cents. So 3 cents below here. I will stop out the remainder or I will add to this trade If so, we're probably gonna build new lugs and this will be the You know a lug right around here. So I'll wait for a full ATR retest failure Progressive right here because I'm gonna leave the new lugs. Let's see if we have them Getting up to the lug and the Inward Russel I'm not filled in Azdik yet. So beans This has got to be new lugs. Let's refresh this Nothing yet, that's interesting Any minute now this thing's gonna build new lugs and then we'll be able to play this new setup growing 22 So again, what happened came up here built new lugs. What should happen? We should hold the yellow and we should move to the red Do I just jump in long there? No, I need a volume of that. Do we get a volume of that? Sure did I got one on the volume of that And I would I think I could what did I get out of one or two here and that was baby lug And I this was my ultimate objective now. We're here Like there was no sweat. I wasn't questioning as it got up there looking at my piano Like, oh my god, I got 10 cents in this trade. Should I get out? I guarantee some of you did that That got in and it's long with me I guarantee some people got out of here just because they got 10 cents and they don't want to lose it, right? Just let it work Unless you see an opposing volume event And or an important lug. I cannot believe this and that built new lugs yet I wanted to so I can go along off this new setup This not the stop run. This is the ultimate stop and hold or it could be Right. Look at the stop run Yeah, I'm I'm really Um, uh, curious on that. I would love to see the delta between what are stops and what are not in there because like It's making sense that you know oils going up inflation. Everything's going up like soybeans should also be going up and like this will be People getting stopped out, but also new traders coming in right Right, you know the fundamental ideas and the bigger picture is always great But that doesn't really help you as a day trader either, right? It's like, yeah, they should go up Doesn't mean they're going to go up right now, right? So it's like that's where that's why like economists and these you know these longer term Guys are terrible traders because they can call A larger term move, but it's like they can't trade in today to find the best places to get long type of thing Right. So that's where the book may have volume and the lugs That's all you need This is I just cannot believe so this this is if we do not So she talks about this on the webinar if this does not draw a new lug and we get back below here Something was wrong where it didn't have enough of the inputs to draw new lugs. So that should tell you This is going to fail, right and I will potentially go short But in the meantime, we'll just hold this All right filled on nasdaq and as I was giving the finger less today So usually it's the yes give me the finger and I kill nasdaq and then I've already been stopped out once today So more importantly, let's get our stop in here Sure 29.38 so just say 30 what's this three quarters is 20, right? 22 and a half So 22 and a half points below this and I'll stop out That's 67 50 65 50 So we're gonna stop out of this long See if we tag the red lug and yeah, I missed this trade and see this Thanks a lot guys. How about someone helping I yell my room all the time here. This is what we were waiting for in crude Here's your atr. Here's your retest gone It's this is a 60 tick trade already 50 tick trade and I could play the mystic because I was Adjusting stuff and so I mean that's not cool I can't yell this room as much because a lot of guys don't know what they're looking at But my room there's no excuse of anybody ever that's the whole purpose of my room is the guys be sharing setups Hey new lugs in in the s. Hey, there's cell ice and then queue. There's huge stop runs and soybeans That's the whole goal of that room and a lot of guys are just secret squirrels sitting or not saying anything And again yesterday or I think it was the day before And it's two huge trades one in soybeans one in crude because I was doing what I'm doing here I was on one screen on my webinar and no one pointed it out. It's like that's the whole purpose of the room So I'm not going to give you guys a verbal lashing because a lot of you guys are just learning this stuff now But the room there's no excuse for the guys that have been there for almost a year All right, so I'm on that one of my looking for I'm still on es New looks here. Actually we did right Getting computers now over there and there's new lugs right there Right, so what should happen now this should hold prior red And yellow if this gets below here and you get a bear setup something's wrong If you get a bullish setup, we should go to here if you get a bear setup I don't know why this changed colors. By the way, we get a bear setup and I'm playing for that look Of what should happen, right? Yep. Yep. I mean the simplicity on this Scott is is brilliant. I mean you're just looking at your levels your higher time frame levels and then order flow events around them As simple as that The simpler you can make your trading the better you're going to do how many people on this webinar charts look like this 4 000 lines on your chart and then you wonder why you can't make money Right, it's like well, I want to get long here, but this is this is the 400 day moving average I want to get on here. I want to get short here, but we're we're still or I want to get long But we're still below the the 40 day moving average and my my rsi is showing me this and my mac d Just get rid of all your crap You don't need anything besides real time buy them in these in my opinion You don't even I mean if you don't want lugs don't get lugs and you're doing yourself into service But you can still trade on you know on structure and stuff like that This is all we've done for the last you know over a year In the room when I wasn't using lugs in the right context was we were basing our trades off of the bigger picture You still want it? You still can trade off the bigger picture. You still should right? But the lugs just helped you day trade a little better But this is about to become a failed breakout And then we're probably coming back to this stuff here But if this holds and you look like that, but you gotta you know That's simple. I don't have I'm not looking at 25 things. I'm looking at real-time buying the lugs and the bigger picture You know and I'll pay attention to V-wap and it's standard deviation, but so many times Here's V-wap. This is this is what they call the daily value array. That's one standard deviation This is one and a half. This is two Right, so many times these standard deviations will line up. This is how I was trading lugs before This is about a 90% trade when you get to the lug At an extreme standard deviation of V-wap and you get your volume of that you can nine times out of 10 We're doing that So that's how I was trading before which is again an incredible edge if you want to sit around just wait for that one scenario You'll you'll make money, right? But I wasn't using the lugs in the way. I'm using them now and again It's just it's incredible. I can't stay in enough times Um Why don't I want to make sure I don't miss this lug and rustle I think a point Is is kind of important to make here because I there was some feedback in one of the webinars the other day about like well You know you're The not not you personally was actually on me that that in the advanced webinars like I'm I'm going through and Um as the event is is starting to unfold Uh, then I'm calling it Uh instead of calling it in advance like saying oh, this is gonna unfold. Well, I I don't know I mean, it's like, okay. I'm looking though for the scenario just like you are in here It's like what is the event that unfolded and now now what's the order flow around that vent? And then I will go short or I will go long based on that What I read there. Uh, that's the higher higher probability. I just I'm trying to help. I'm not trying to uh chastise anybody or Uh, you know, um, well, you should be if someone's telling you you should know exactly what's going to happen Well, first of all, you wouldn't be on this webinar. You'd be on a um Island sipping my ties Right you trade for for an hour in the morning because you know exactly what's going to happen Then you go to the beach, right? Right? So no one knows what's going to happen You use these volume events and important areas to come up with a thesis and then you trade it So whoever's I would give them a complete verbal lashing. So if you're on here email me and I'll give you a verbal If you that would be uh, yeah sadistic, but um No, I mean, it's really important though. Like it's like a candlestick pattern unfolds Let's just let's take a simple candlestick pattern. It's starting to unfold. It tells you to you know go short Look at the order flow though. Does the order flow tell you to go short? If so now you've got something that's higher probability that that event is going to unfold if there's many times And there's many times that the order flow around that event of that candlestick pattern Um, it it's it's not very high probability or it's like no, that's not telling me that you know to go short It's actually saying it's consolidating. I want to go long here Um, and and that's that's the read off of that, right? And that's the same principle, right? So you see a candlestick pattern that's short. I don't believe in candlestick patterns But if so people do right and you say well, this is a short pick candlestick pattern But it's then you said hey, it doesn't break and it's consolidating. Well, it's not doing something it should do That's a signal right there. I should be looking for longs Then you get your volume event again the most important powerful thing you could possibly have is the si indicator volume You get that event. That's long. You're like it's go time. This should have happened It's the same thing we're using with the lugs, right? This should happen if it didn't happen I'm looking to fire the other way, right? It's sooner than I see my volume event and that's the best you're ever going to do That's the biggest edge. You're ever going to have right and you're going and and you've outlined the two scenarios What or you know what you're looking for at least two scenarios Uh, maybe three or four, but like you're looking for that something to happen and then like then you will make your decision So anyway point point made. Um, sorry And for the interruption there, this is a perfect example here, right? So we built new logs What did I just say this should hold prior red Baby lug I mean we just threw the baby lug in because it's just this right here, but overall it should hold prior red And yellow if it does not this is telling me right now something's up Like that if this gets below this baby lug That this that should not happen doesn't mean I'm just jumping in a short Like bruce said like this is the candlestick example It should it should have done this it didn't I'm not going sure right now The second I get a bearish volume event Then I'm going short and then that's going to be my target. So I wait I come up with my my thesis Of what shouldn't happen. What should happen? That didn't happen. We didn't hold this. We're not holding that. Okay Now I have to I have to change my mind change my thesis. So now I'm saying This didn't happen that should not have happened This should have held and require if this was extremely bullish right here Now we're back down here. If I get my my negative event I am going short and that's my target and then when you look at the bigger picture. Well, where are we? Why would we be stalling here? Well? Because we're basically at the high volume node of prior balance. This is where you use your bigger picture stuff here too Here's your balance Here's the smack that middle of this balance This is why we're struggling right here. So this could easily this should do this Again, if you're just looking you're not using love. She's like, oh, that should have been a failed breakdown We should be doing this. Wait. Why are we strong here? Wait? Why is a negative? I keep saying negative Why is a bearish? Event coming in when we should wait. Oh, oh And then we're going to do that and then you take your short off of that I'm just giving you an example of this what should happen didn't You flip your mindset wait for your signal It's that's trading. That's how you make money It's not this has to go up. I don't care. I'm just going to stay long. That's why traders lose money You've got to be able to to flip on a dime if something doesn't happen that you're expecting to happen And this is this is it right here The second I get a bearish signal. I am in and that's my target first target. That's uh 45 60 and a half almost 24 points away I was speaking to that. I'm And as I could seriously give me the finger today and yesterday But not stopped out yet I did get out of one Russel Russell up here because that was near the red lug again. It wasn't a huge profit But it is what it is like this tagged came real close to tagging this red lug All right, so that's why I got out of one, but it actually did not and that in itself is telling you something Watch the webinar. She talks about the non tag and this is really close But now if you get a bearish signal, you're like, hmm, we should have tagged this We should actually broke through her building lugs. That didn't happen Well, I should at least be getting bullish setups for another task. Oh wait, here's a bearish setup. I'm in target target Right, so I'll stop out of this short, which is fine. I'll take a little bit of a loss But guess what I'm going to be making it wait I'll be making it back on the flip side Because this and on top of that here's your volume of that, right? Okay. Well, this is monster ice This area should hold if this gets below here. There's going to be some puking So just this alone you say this is what should happen Oh, wait, that didn't happen. We went above and now we went right through here. Something's up I'm looking for shorts Right any questions Thoughts concerns. No, David just says that he's also like using his lucky rabbit's foot Yeah, that works too indicator I'm very superstitious too. I mean again, I watched the webinar I posted yesterday. I was short Let's let's go. Let's look where I was short right here I was short this and I kept every time I would bring the book map over I think it was right here every time I look at book map We do one of these so I was sure I think it was right here I was short from here And every time I bring book map over we do that We keep popping up. So then I'm like, I'm just going to stare at this screen instead and then we sold out to the So I'm very superstitious too. I wouldn't look at the book map because this was this was helping it get to the to the blue It's ridiculous. I know but You know, I'm superstitious a lot of traders are superstitious And then at the closure today You can see like this is it's just over I can bring up every single market that I watched All 12 whatever it is There you go built new lugs. What should happen? We should hold the blue hold the yellow move here That did not happen objective is red got there. Hey built new lugs. What should happen? We should hold prior red current yellow There you go. Again. I'm not saying there's a volume event. This was this might have been A camera one. This was anyway, there you go. There's baby lug and I can guarantee you get to the little lug Red lug, I mean Actually, this was today. Sorry do we take it and I get long up there, but I got long over here So that's how you read it something's up As far as long as now We should not be struggling here. I mean this could still hold. I'm not doing anything yet until I get a volume event So that's the other thing too, right There are being people that the Ludwig levels have been around for about 12 years and she has a oil filing obviously But that the lugs are not enough and she'll be the first to admit it. She's like, you don't trade them in a vacuum So right here, if you're just trading lugs, you're like, I'm in I'm in short. This should have held this This should have held this. Well, this could still hold baby lug and rip back up, right? Because especially around the yellow lug, you can get choppiness I'm not sure yet because I didn't get the most important thing the volume event Right, so I don't touch this until I get a bearish That's where you put it all together and that's the edge. You're not going to find a stronger engine trading period Ever in my opinion and again, I've been doing this for a little bit a little bit of time Let's take a look at these other ones. See where we're at. So this is this is telling, right? So once again, we already know. Yes, it's starting to look bearish. What happened here? New lugs, howl worries should have prior red New directional yellow, howl worries should have came up here. We should have tagged this Still can you always got to give the benefit of the doubt that we're still going to tag it But my point is if we now get a bearish event on the long list, right? If I get stopped out and I get a bearish event, I will be I will make back my loss times two or three on a short down to here and down to here because of what didn't happen up here You should not see a bearish event now If you do it's going to be go time to the downside This is very very very very upsetting. I wanted to go long this and it is now going straight to that lug I'll still take new new setups, but I had the ultimate setup down here that we were waiting for right here That would have been long three quarters in atr. So probably right around 25. I think it was atr was 12 Sorry, I have 50 point trade 15 tick trades All right, I got to get off here shortly my I got to bring my daughter to school. She's missed today early because I was on this webinar and my wife couldn't bring her just to I hope she's attending the webinar and learning from you She's only 11, but I can bring her in in here and teach her some of these Hey, it's pretty It's like you said it's not easy, but it's simple It's simple. Exactly trading is not easy, but it's it's simpler. You can make it the better you're gonna do Again all when I made millions of dollars all I was doing was staring at this I didn't even have charts up most of the time. I didn't know where we were on a chart I was watching order flow. It doesn't get any simpler than that You can't do that anymore. Obviously with the algos and the fake orders and everything else But my point is the simpler you can make it What are you gonna do? So let's just check the lugs out here You're waiting for this to draw new lugs if it does There it is right So what am I gonna do here? Actually, I'm gonna be conservative on my entry just because we're still bouncing around the l lugs So say we came up here and I got an above-it-volume event. Well, I would enter aggressively but right here I'll wait for an atr move away retest fail right, so You're sure then right? This is right at the other lug Of course All right, so atr in here Is 3.81 which is pretty elevated for beans 3.81 has a lot to do with that stopper. Obviously times 0.75 Actually, I take that back. So I'm waiting for a full atr here out of this zone because we're at the yellow lug, right? I'm not being aggressive right here talks gc 165 contracts every time I try to get off these webinars something happens like that So I'm looking for basically four points out of here So 2650 waiting for a retest three quarters an atr which would be 2.85 so three cents I will go long off of this set up I'm being conservative on this entry because we're right at the yellow lug So say we rip up here and then I get a bullish signal or above the yellow lug and then I'll enter aggressively So I will add to this trade. I still have three on here's my stop It's Three quarters an atr below here right And I will add to this trade and just keep riding it up to the new lugs your red luck So this is what we call potentially this is either going to become a dumb and dumber The money puke no follow through no big money follow through and it fails Or it's a stop and hold stop run that holds the big money comes in behind it and continues pushing and higher And I think that's what's going to happen because you see what's up there Yeah And that's probably exactly where we're going. Let's check out these new lugs So as you see how you start to put things together like okay, I know that I know that liquidity is up there Oh, look what else is up there red luck So if this starts rolling, this is my next objective exactly huge liquidity at your levels I mean it it's it's just so simple So easy. Yeah, it's so easy So whenever just let me know when you're um Ready, I have it. I I have an announcement for for the room in here Just want to remind me before we leave. That's all I'm trying to say Yeah, I'm just going to mark up this we'll take a quick look at the lugs and I'm off I got to get out of here or This was a 188 stop running gold There's your volume of that Now we go to lugs and base I'll put the thesis on what's going on there and then figure out if we're going long short aggressive or not aggressive Hey, look at that. Wow that red lug held perfectly Not surprising really really surprising Now we're down here We're right at the lug so I'm not going to be aggressive on so I guess we're below here You could yeah, I will be aggressive if we were like right here at the lug But we are down here and this is where the stop run went to So I will short this aggressively and this is going to be my objective this baby lug and then The blue lug down here. So here's your volume of that. I know I want to be aggressive because we're below the yellow lug right now So where I will I'll go along this too But going long because we are still below the yellow lug a little bit I will have to wait for a full ATR retest fail and then I'll go long this three quarters of an ATR so again ATR is 19 19 times point 75 is 14 and a quarter. So I'll just say 15 points So if this so I need to see to go long because we're below the yellow lug. I need to see 19 points I need to see a retest and 15 points I will be long my stop will go three quarters of an ATR below here if this holds and breaks below here I will just short three quarters and ATR aggressively. So 15 points below here Because we're below the yellow lug, right If I keep saying points ticks so 72 so 77 will be my entry 15 ticks below there Otherwise, I'll wait because what should happen this should This is below the yellow lug. This should head down to the blue if we don't we get back above here We'll probably come back to the right again the other questions before I hop off here Uh, no no no no more questions. Um, uh, thanks Scott. I mean, uh, it's um I just love the simplicity here, uh, you know You got your your your higher time frame levels and your order flow events around those levels That's it. Uh, and uh go through your scenarios of what you're looking for Uh, and uh, if it does that then you're looking for going this direction Again, it's simple. It's not easy trading. It's not easy. There's going to be times of your questioning areas blah blah blah, but That's where bookman comes in these volume events. We talk about it all the time This is not subjective. This is not an art. This happened This was a thousand lot 900 lot by stops. There's no questioning what happened here It's how you trade it is is the art, right? But if you know what should be going on with the Ludwig levels Then it just makes it a lot easier where you should you should be expecting certain things to happen off of this volume of it And that's how I trade All right guys, so hopefully you learned something today. Um Yeah, I do this every day. I'm warm as well twice a day. So so let let me uh, let me Jump in for just a minute here before before you hop off or give you the last word But uh, I just want to let everyone know where we're starting. Uh, tom b will start streaming live uh in discord here, uh, so Uh, look for it. It's going to be in a new voice channel and also text channel room Uh, just like we're doing here in in advanced webinar. There's a um, a voice channel and a text channel It's going to be called traders lab though And uh, tom tom will be uh, uh the trader in there running that Okay, so take a look for that. Um, we'll do it probably I don't know maybe in just a half an hour or so Uh, and uh, it will be very very different. It's not like a webinar like this Uh, it's going to be kind of on and off all day long right, so uh You guys that are familiar with tom b the way he was doing it in the futures room It's going to be the same thing. He's just going to be doing it. Uh in his in this traders lab room. All right So, uh, yeah That's uh, that's all I wanted to mention that here at the end of the webinar Okay, that's cool. Um, yeah, and then as far as the love with levels guys if you go to uh, if you want to try them out She's got a three day trial Uh, go to love with levels.com. There's a that's three three day trial put in the text box that you saw it on this webinar And I think she's got some kind of goodies or discounts or whatever So just let her know you saw it on the webinar and you should get something Um extra than the normal the normal customers Uh, all right. Hopefully you guys learned and I will so again I do this twice a day in my room as well. It's on discord head over there if you want to learn more and Otherwise, I'll see you guys next Thursday. Yeah, I'm sorry scott. I forgot to put this into the in the chat room Um, I will put all the scott's uh information in here right now Uh, so you have that if you if you want to reach out uh to scott Um, there you go. Uh, I just put it into the chat. Uh, you have it and uh Yeah, uh, take it take it from there All right, great Thanks scott. See you soon. Okay. Bye