The Power Trading Hour with your host David White. Call now toll free at 1-877-927-6648 or internationally at<PHONE_NUMBER>. Now David White. And welcome to another excellent edition of The Power Trading Hour. As always we come to you at the appointed time. The following takes place between 2 p.m. and 3 p.m. So what do we have going on today? Well, a few things. One, I don't have a lot of these on my list, but first options continue to point to a stronger expiration. And I'm suspecting that we have maybe 160, 180, maybe 200 points higher in the S&P cash before expiration on the 21st. Tomorrow we go delta neutral in the market. That means we're probably going to have a little bit more volatility as option market makers add and subtract stuff. My belief is that any close above 3636 will see a rocket and will probably have most of those winnings in the next few days. We have far too many shorts as far as I can tell. We have far too many self-serving downgrades. People telling us that it's the end of the world. We've got Uber and Lyft today. Last time I looked they were down about 7% or 8%. Now there's a lot of reasons none of them hold any water for Uber and Lyft actually facing real regulation. In my book I don't think that either that you really could get a presidential edict to make this happen. The Supreme Court's done nothing, but in the last five years limit the scope of bureaucratic decisions not expand them. This would be a rather large expansion of it. My guess is even if someone tried to push it in the government in the Labor Department it would be stayed almost instantaneously and dragged through the courts for years to come still not being enforced. I just don't see anything that makes me believe that the courts wouldn't hold that up. And eventually I'd say 90% chance of them not allowing it to go through. They've been really on the side of saying that Congress better be passing these big questions and not handing them off to unelected bureaucrats. As we said we've got Delta Neutral tomorrow earnings really in a big way starting on Thursday. I've got to get my little list up because I don't have them right here. So I will get that. There we go. So what do we have? On Thursday we've got Delta Airlines, Wells Fargo, Walgreens, Domino's, Taiwan Semi-Connector. That's probably the big one for the semis and probably will color what we have on Thursday and Friday. But we also have Fastenall. Probably not a big one but it's nuts and bolts and it tells you what's going on here in the United States. It's kind of like looking at international paper that gives you a good idea about what's going on on the industrial side of the market. On Friday we go to JP Morgan, City Bank, Morgan Stanley, PNC. So we'll have a real test of some of the bigger broker dealer bank kind of folk on Friday. Microsoft has a little dog and pony tomorrow. I don't know how much that's going to do for them. Nvidia products starting to hit the shelf now and of course we've got Amazon with their Prime Day. I never can remember it being that big of a deal. I've still not been able to buy anything off their Prime deal that I wanted but what else is going on? The CNBC is always good at flogging that horse on it for an easy day of news and that's kind of it. We've got the monthly options expiration into the 21st and as we've gone along over yesterday and today those options have just affirmed in that area of about 380 on the spies. So yeah, could we have 180 points higher, maybe 200 points higher by the 21st? It could and that could just be short covering. As we said before, I said yesterday I wasn't very bearish coming into this morning. We had very light volume. We didn't even get 10 billion shares yesterday on the CBOE tape and we needed something like in the neighborhood of 18 billion. We did have and we talked about it a great deal. The bond market closed yesterday. We had a lot of self-serving articles on that. Then I get into the TLT which is actually starting to look like a big false breakdown in the market. We needed 100 and I think it was 89 cents for the previous low and we are just at that now, 165. So we are very close to popping right back in. You didn't have a lot of volume that did kind of do it. You don't need much more to get back into the trading range. Am I a bond bull here? Not really, but could you bounce back up to maybe 106 or 107 and still be in a downtrend? I think you could, but let's say that takes a week or 10 days and gets us through expiration. I think we could have a fairly nice countertrend rally in the market.<PHONE_NUMBER>, call me, tell me why I'm all wet or why you agree with me or that you have a third option. You can email me at path at tfnn.com. You can always put a message in the den and we'll be looking at that. So that's some of it. Let's do a little history. We'll get that through and then we'll move on to a lot of charts and we're going to look at them for lighter volume yesterday. On this day in 1887, Mr. Felt is granted the second or two patents on is Comptometer, the first practical and commercially successful key driven mechanical calculator. Various Comptometers were in continuous production from 1887 to the mid 1970s. And if you've ever seen one of these pieces of incredible, I'm going to just call them art of mechanical art. Pretty interesting. Of course, 1972 comes along, Intel and some others make the first integrated circuit designed to replace these within two years. Almost all of them were bankrupt within four years. All of them were bankrupt. It took a company like Commodore, who was big in this field, into the computer industry by 1980.<PHONE_NUMBER>. In inflation, we are purchasing powers eroded, there's no better place to protect your harder and money than in gold. 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With David White's powerful trading newsletter, David White is an accomplished trader whose deep understanding of technology and the markets allows him to consistently find and share winning trades. Support and resistance define the ranges at which stocks trade. By understanding these trading ranges, David White is able to find a path of least resistance. David White's trading newsletter, The Path of Least Resistance, is delivered daily, before the markets open, to make every trading day an easy win. Visit TFNN.com today and subscribe to David White's Ultimate Trading newsletter for $119 a month and try all of our newsletters risk-free with our 30-day money-back guarantee. Take the path of least resistance at TFNN Educating Investors. Are you looking for a way to consistently add winning trades to your portfolio? Tom O'Brien is here to help. Tom O'Brien has been successfully trading markets for over 30 years. A frequent contributor to TD Ameritrade Network and CNBC, Tom O'Brien founded TFNN over 20 years ago to help educate investors just like you. Tom's Daily Market Newsletter, Market Insights, is published every morning when the markets open to give you the competitive informational edge you need to succeed. These newsletters are packed full of Tom's advanced technical analysis and are geared to deliver comprehensive strategies for a successful portfolio. Get Tom O'Brien's newsletter, Market Insights, today and try all of our products and newsletters 30 days risk-free with our money-back guarantee at TFNN.com. TFNN Educating Investors. He has 1-877-927-6648 internationally at<PHONE_NUMBER>. Still up on the S&P cash today after being down. NASDAQ continues to be the weak sister Dow up 273. So we're seeing a little bit of weakness, but we've seen this the last few days. That is that everybody wants to buy the lows, no one wants to buy the breakout, but my guess is that we're probably going to have that breakout in the next 24 hours,<PHONE_NUMBER>. Okay, what else do we have going on? Anyway, talked about the TLT, that's probably one of the bigger things you want to keep your eye on if that gets back into the trading range. Let's see what we're doing here. What is it? Okay, we want the 4X dollar index. This thing has been all over the place today. It got down to $1,230, $1,264 now on the dollar index. And what do we have on the futures here? We'll take a quick look at gold. 1685. Let's take a closer look and see what we have on that. I was thinking that you did have a little bit. Let's go do this, because I continue to want that. Okay, so yesterday's gap down I thought was a little bit of many people in China that were parked in gold for the week they were off. And you're getting a little bit of a pullback for a fairly large gap down. You didn't have that much volume. I'm not a rabid bull here on gold right at the moment, but you got your 50 more than that. You almost got your 618 retracement. You needed about another nickel to get there. So pretty much if you wanted to be in gold, I think you could probably put in a stop of a close below 15487 and say that's it, because you don't want it breaking that. My guess if it does, it'll go back down to the previous low 15103. So we do have that. What else do we have going on here today? A lot of people downgrading some various stocks. Today I saw that earlier in the day. Let's turn this off so we can see this a little bit better. Turn down the time frames. You got a little bit lower with Nvidia today. Again, what we're really probably looking forward to this week in the semiconductor space is Taiwan Semi. That had a fairly big gap down today. And you had some volume. Of course, still got two days to earnings. I'm always thinking that most of the time these gaps down before earnings pretty much price in the worst. Anyway, let's take a quick look at the SMH's also.  Let's go back a little bit farther and tested it today. That gap on the SMH's goes back to November 4th of 2020. You were up on almost 4 million shares. Let's go back and see here. You got into that with already 5 million shares today, but you're really not breaking it. You've got a little bit more of a low out here that you could see back in October 30th of 2020. The low of the day out there was 168.85. That is the next real support level you have other than this gap. It's kind of on the high side of that gap today and filled it. I'm just thinking a bounce in a downtrend could still take you back up to 200 on the SMH's. What do we have here? A question about Apple. We'll look at it real quick. You're retesting the October 3rd low. That was 137.69. 125 million shares into it today. You've got two Doji's out here now. Yesterday's Doji had 75 million shares. Today's Doji has, we'll call it just under 50 million shares today, but not a whole lot of volume coming into these lows. Let's take a look at the spies real quick. Same kind of thing. Let's go on a little shorter time frame. Now, yesterday you could probably write off to the bond market. We're doing about half that right now. We did go below it. We're going to close back above it. So that is a valid buy signal if that continues through the close. I think we've got a lot of people that are waiting for everybody else to move. My guess is that we do get through 36.30. Again, the market will take off like a scalded... What is it? Scalded?  But anyway, scalded something. Small scalded animal. Okay. Let's take a look at... We talked about this yesterday. So we've got Joe asking about it again. And that is work day. We had very light bulb. And that is work day. We had very light volume yesterday. Volume is just a little hotter than it was. But we were looking for something in the range of about 3 million shares to really show that we were breaking through. Only about 1.3 million shares so far. So you're getting to some fairly good level of support on some of these bigger companies that probably will run very well, for the most part. So let's go ahead and bounce over to the IBBs for Paul. Keep the emails coming by the way,<PHONE_NUMBER> and PATH at tfnn.com. To do... Well, you just got kind of a... Just a little bigger candle engulfing yesterday's, but it's not a very big candle. We talked about this in the retracement part. You pretty much got your 618 retracement yesterday. I think you could put in a stop in the IBB, low 1,1669.  Is there a lot of money in it? No, but you probably have found the low in some of these for the short term. We'll be back in a minute. If you want to take advantage of this sector, now is the time to subscribe to my Gold Report. 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Get your copy of the Art of Timing the Trade Charts today by visiting tfnn.com. This segment is brought to you by Think or Swim. For more information, just click the Think or Swim banner on the front page of tfnn.com. Got you, but that may have been me. And, yeah, we'll see just kind of drifting around at these low levels, but not a lot of selling, not a lot of buying. And generally when you have these kind of lows come in, no one believes it for a little while. And then it kind of comes all like a freight train at you. So just be careful. I'm not always right, but my guess is that when we do have a move out here, whether I'm right or wrong, it's going to be definitive. That means you probably shouldn't be anywhere away from your mouse button for the next hour and a half, because everything is set up almost perfectly. Now maybe this drags on into tomorrow for Delta Neutral Day, but kind of hard to tell. First question is for Tesla. We've come back into this gap higher. That gap was on June 21st. You had 122 million shares. You're getting into it with about half of that. You got about 55 million shares today. Could you get 208.69? Maybe. This is actually one of the best-looking charts, though, in the market. And I'm kind of always a bear on Tesla. But you only had about two-thirds the energy on the way down than you had on the way up. And there aren't many of those that you can find in the market. And maybe something changed lately, but you could get a bounce to 265. I think fairly easily in this. Question on the TBT, where would you be a buyer for this? Like I said, in the TLT, we've got a pretty good sign that we're going to be probably on the upside on the bond market. I'm thinking we could get on the TLT, something like 105 ish on a bounce on this. Just looking at it, my thought is that you could get back into 2950 on this. This is the 2X bear on the TBT. So I would kind of look around that 2950 area if you got back down there on low volume. But you've got a fairly good indication that you've got a top. You had a island kind of reversal back on the 27th. You did that on 8.1 million shares. You got into it yesterday with 5.2 million shares the day before yesterday. Yesterday with just 4.4 million shares, you're probably going to close back into this range. And that's probably a pretty good indication that you've got a at least short to medium term top coming into the bond market. We've got Janet Yellen talking exactly when the markets close at 4.  We've got an election coming and maybe things don't look as good for her bunch as she thinks that they may be. So maybe going to the whip a little horse racing lingo there for you. Folks in lutes so don't be surprised to see a lot of happy talk or more happy talk. I know there's a lot of things going on but the oldest saying there is and around is you buy when there's blood in the streets or the one that I love the French one. You buy on the cannons and you sell on the trumpets. Well certainly we've got the cannons right now. So I'm thinking we get a bounce. I'm not exactly sure what's going to happen. Part of our bounce today came from one of the Fed members coming out and there weren't quite rainbows and unicorns coming out. You know where on their human orifices but it was kind of that. What else do we have? Let's take a quick look at MSFT. Again I'm saying then the next I think by this time tomorrow we're going to be moving. So I know that you were kind of laughing. I don't have an exact one but everything looks good here or better let me put it for a short term. And again I'm not a Pollyanna. I'm not saying we're out of a bear market. I've been looking for kind of a big run that could last three months and take us into the end of the year and then probably next year we're going to see the return of a very maybe rabid bear that could take us all the way up to 4100 on the S&P. Microsoft just a little lower out here you got into the gap not a lot of volume be very interesting whether or not the stock goes up or not we all have to pretty much in the finance industry use Microsoft. I know that there's a couple of people that I have as subscribers and other people that are looking for new hardware for Microsoft as they are kind of a leader now in the laptop part of the market. And I did have oh I had somebody else ask me if they'd buy a Apple laptop and I said no and I thought I'd just bring it up here now one of the reasons is we're down here in Humidville otherwise known as Tampa and one of the problems with having a Apple laptop in Florida is the high humidity they put these little things that look like oh I'm going to call them about the size of a hole in a piece of paper like you had in school you had those hole punches they're about that big and they're a little dot and they're a sensor if they get to Humid they turn a color and of course that voids your warranty on Apple and you don't have to throw your laptop in the in the tub you just have to have it down here and that's enough and people have the dickens of a problem getting a lot of warranty or stuff done if you take your laptop outside of the air conditioning so I'm just not a big fan of it most of the other ones don't do stuff like that I know they have it in their phones too but the phones tend to be very sealed and not as big a problem but it's still the same kind of thing I'm just not a fan of the Apple laptops for one of them for that reason down here it's got some more emails here so let's get through those okay oh I got that that's over here if I was going to buy Nvidia or AMD for a bounce which ones I would go after I would certainly go after Nvidia because you got to know that anybody following Kramer probably isn't it established and good short seller they're going to do the wrong thing I've been waiting for that to run I've kind of thought that they could run the shorts out of that following Kramer maybe up to 140 I just don't know exactly where that's going to be now but as their product launch if they sell out very quickly in the next 24 hours you could see that kind of short squeeze on Kramer's followers we'll be back in a minute sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at TFNN you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either TFNN airs live financial content stream live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8.30 a.m. to 4.00 p.m. eastern for free each host is an experienced trader and gives their take on the market while taking calls and questions live from around the world from the moment the market opens until the closing bell sounds Tiger TV has 8 different shows with expert hosts to help you make the right moves with your money watch online at TFNN.com or on TFNN's YouTube channel and become the investor you were born to be TFNN educating investors the technology around us is changing every day with so much happening it can seem impossible to keep up with all the information David White's investment newsletter the technology insider is designed to give you all the information you need to understand 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carefully before investing the prospectus and summary prospectus contain this and other information about direction shares to obtain a prospectus or summary prospectus please contact direction shares at<PHONE_NUMBER> the prospectus or summary prospectus should be read carefully before investing an investment in the funds is subject to risk including the possible loss of principal the funds are designed to be utilized only by sophisticated investors such as traders and active investors distributor for side fund services LLC this program is brought to you by Vista Gold traded on the NYSE American and TSX under the symbol VGZ as we get back we got a few more stocks to look at here is this bouncing around I think we're getting ready for a counter trend move that should be fairly interesting we looked at that we looked at that we looked at that question about PLTR which hasn't been doing much again I don't see I mean you got probably an ABC on the way up I'm just going to say this is probably a lower percentage move let's take a look here you got a little ABC 2 out here that would take you to $9.18 I'm not going to be pushing more than 1-1 in this market but yeah you could do that you've got a nice wide-ranging bar here today that got down to 770 what's the volume today 32 million shares I think they're better out here yeah you could probably see some of these the biggest problem with PLTR we've said it I've said it since it started trading and that is this is a company where they can't tell you what they do if they did they'd have to kill you you're not going to get a lot of headlines and other stuff you kind of got that at the very beginning but that were the people that were operating the stock I don't think it's a bad company if you wanted to hold it for 10 years I think it would probably be $100 stock the issue is do you want to own it for a year while it goes sideways or up and down a little bit but eventually I think it will do okay I don't see much in it maybe you get your ABC out of this to $9.18 but just too many people short for my my beliefs on it what else did we have out here what do the charts tell us on Uber you blew through again this is why I suspect a lot of self-serving stuff ever since Jamie Dimon on the TV Monday morning at 10.30 and started telling everybody to throw the baby out with the bathwater I've been highly dubious of self-serving headlines in the market I think a lot of people ended up deciding they were going to buy Uber at the lows I just don't see it being a huge ripper on the other side of this I think if you bought it this morning probably a pretty good trade you got a lot of volume out here but they made it and just so many of these stocks that I see out here they're making them rip through the lows and getting people to throw their stocks away I think the lows on the second of August this thing popped up with 107 million shares you got 74 and this is on a headline that I find highly dubious there may be a lot of reasons for the president to say this I just don't think that they can carry it through for a variety of reasons most of them legal okay what else do we have that is one for you that there if we have any questions in the den please push them through oh I got another one here we have okay a question what do I think on TSM I want semi I mean the big question for all these are always is China going to invade I don't think there's any real problem with the company or them making their numbers even if everybody quits some people drop out Taiwan semiconductor can easily fill the production from other folks it's not they are production bound at the moment so I don't understand other than them being invaded a lot of bearishness in this I would wonder if you do get some kind of reversal on Thursday and makes this an island bottom I don't again I'm not a Pollyanna but this may be the lows for a long time in TSM short of an invasion I don't know how you put a odds on that as I said before I'm generally if I'm playing semis I'm going to be playing them for a variety of reasons or short with options I don't think there's a whole lot of reasons to have all your equity in these okay yeah I mean what is that Skyworks SWKS they love to throw these downgrades at lows which I find hysterical if I was in it I probably would not find it hysterical but Skyworks Solutions of course makes a lot of products for smartphones you really didn't get you finally they kind of broke it through the lows you never really got the kind of big volume you'd like to see you got to what two and a half two million shares yesterday that was into a three million share low at 88 bucks some nice downside here again I would watch these for any sign of an island bottom in the short term and maybe you get a 50% retracement or something that's actually fairly big on a lot of these stocks and that wouldn't destroy any downside of the longer term bearfolk only that okay question about UNG I haven't changed my mind on this one what you want to see that first massive cold snap and we haven't really kind of as far as I can tell not seen that quite yet all that being said I think you have the opportunity for some kind of low here minus some big headline news but your last low was 5. I'm going to call that 5.9 million shares on October 3rd 2170 today you got about 3.3 million shares so you're getting a fairly decent retest the only thing that would make this look any better would be about a 2175 2150 print on this that then gets rejected it's hard for me to be bearish any of these and at the moment probably the hardest thing for me to do is not just buy UNG right now there may be a little bit better back in a minute Vista Gold owns and operates the largest undeveloped gold project in Australia the Mount Todd Gold Project Vista Gold just completed their feasibility study resulting in a 7 million ounce gold reserve Vista Gold has all major permits approved and has retained CIBC capital market assistance in evaluating alternatives to transaction Vista Gold trades on the NYSE American and TSX under the ticker symbol VGZ Vista Gold executing a strategy to create shareholder value you might think that if you want to be successful at trading in the stock market you're going to need a crystal ball after all it's impossible to predict the future right like any endeavor in life before you decide it's impossible get some advice from the experts you might find that it's not so after all for daily market overviews that give you direction on the key indices selective stocks and commodities subscribe to the opening call newsletter at tfnn.com the opening call newsletter is written by Basil Chapman creator of the trading methodology known as the Chapman wave the Chapman wave up down sequence gives you an edge in identifying price turns finding the peaks and valleys in stock prices get the opening call newsletter by Basil Chapman in your inbox every day first time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up tfnn.com educating investors everything in the universe is governed by the Fibonacci sequence this mathematical principle is responsible for everything from the most aesthetically pleasing artwork to patterns in the stock market to stay on top of stock patterns to make advantage of sign up for the Fibonacci 24-7 newsletter at tfnn.com when you subscribe you'll get a weekly report from veteran day trader Larry Pesavento on stocks you need to pay attention to and you can trust Larry's analysis after all he's got 45 years experience as a day trader Larry will also provide daily charts videos and data on the key markets that he's tracking expect notifications from Larry on market movement you need to contact on at any time first-time subscribers also get a 30-day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today tfnn.com educating investors tfnn has launched the Tiger's Den hosted at discord tfnn has been educating traders for more than 20 years with live programming hosted by a variety of professional traders during market hours the Tiger's Den available to all Tigers and Tigris's for just $1 for the year there's no cash or added costs when you join our community of traders sign up today and become a part of this educational community of traders just visit the front page of tfnn.com catch Tom O'Brien professional trader and educator founder of TFNN also a special guest on CNBC Tom will bisect and dissect the markets the Tom O'Brien show next on TFNN as we come back I don't know I don't know if a headline came through or anything but certainly we lost a lot of points there fairly quickly S&Ps now just a hair under $3,600 $35,000, $96,000, $98,000 as I said we go into options roll over tomorrow so expect more volatility probably not less tomorrow but yeah I don't see a lot of reasons why to get too freaked out at the moment mostly on these volumes maybe we get one more pushed down before but my guess is the low of the next 10 days is either here or within the next trading day so we'll keep an eye on it options continue to be rather bullish in the very short term and we're just looking for a bounce in a downtrend or at least I am and we'll take a look again pushed down this morning with a lighter volume probably still going to see it we only have 7.7 billion shares on the CBOE total volume so far today maybe that comes back in sometimes you can just chew through these lows and why we don't see a lot of volumes maybe we could see that but don't see a lot of volume coming back in they tend to get the volume when they run the stops and then there is a lot of volume the rest of the day just watching what's happened the last 10-15 minutes on the down is basically the same thing if they can gap it down and get a lot of stops to run them they can have it again I'm more thinking that everybody is trying to push money in my pocket free and generally I'm kind of a contrarian when that comes to the end of the world kind of speech by many people self-serving when you can not when you have to we'll see you here tomorrow same bat channel same bat time building wealth trading in the stock market seems


Good morning traders, this is Jay, we have another session today with Bookmap, glad to be over here. Also, thank you very much for the DMs that you sent me. A little answer for each one of you for the trip that rolled me this morning yesterday. So, I will see some questions about how to use Bookmap using small caps and hard caps, what we're gonna go over today. Remember to read the disclaimer, so everything that we do is for educational purpose. This is just not an investment advice. The point of today is to share with you how we use Bookmap to trade stocks. In the room we trade also futures and options. This is a trading room where debates are trading on a specific trading system, trading strategy, formed by chart patterns, order flow, and also the read the price action. The system alerts us instantly when we have to trade long and short, so we put everything into a trading system. We also work with Bookmap since a long time because we deliver high winning rate using Bookmap. We also work with Bookmap since a long time because we deliver high winning rate using Bookmap. Let me know if you can hear me good. Let me know if you can hear me good. Can you hear me better right now? Alright, so let's start over here. First of all, this morning I'm looking at DJT, so this is the old ticker that was D-Wack for Donald Trump. We have over here his platform for the media. We have NQ pushing up this morning, so I broke this pre-market letharality consolidation. We have IBIO, which is a small cap that is running. It was pretty controlled this morning, so we had somebody, I would say, a big hand over here pushing all the way up from the low twos into the 280. They deliver for a gap field. We have news over here on HOD, so HUD, Tesla bouncing, following over here. Thank you. And NBCR news, get pop this morning and failing. So we're going to start with first IBIO. Let me know also if anybody of you will trade this. I'm over here today with Emma Beer. As you know, my wife Lely, she also likes to trade. She's a beginner newbie, but she's not going to be with us because we're waiting for our child, so it's like six months in. We also have a competition with Bookmap coming tomorrow. So I'm going to share over here the link. So the team over here, I'll tell me to share this link. It's called Crypto March Madness Competition. So I'm going to screen share over here. I'll also put the links down in the description. So this is an ongoing crypto competition. So you will see all the information over here. And I'm going to put this into the chat room. So feel free over here to out there. There's no fee for joining. And all the details are going to be explained in the link that I'm sharing right now. So link number one over here and also link number two. She's saying to say the script of the competition we're choosing to keep registration open for the entire competition this time. And there are prizes for both P&L, top three prizes and content generated. To participate, users need to register to both the academy and the competition, but there's no charge at all for getting involved. Users could even just use a free digital subscription to try to complete. So all the info is over there. All right, let's start. So good morning for who just came. IBIO is a small cab that is running. This morning was highly controlled. So I'm going to screen share over here my data. So we have over here IBIO as a gap right now of 126%. We have a volume trader pre-market is essentially high. So 23 million. We have a float, micro-flow around 3 million float over here. Institution is pretty low. And we have a previous stock, previous history. You can see over here on a gap day above 30% that it faded. I'm also always looking into dilution. So we're going to keep over here IBIO. I already did the research, but just want to share with you what I've been doing this morning. We have a stock with a very low amount of cash. So 14 million cash. So they have a lack of cash over here. And the stock is also having dilution. They have an S1 price. Final pricing is $2. S1 over here of 7 million. We have over here also warrants registered to exercise at $2. But of course they can exercise these even higher. And going all the way down, you see different type of warrants they have. They have an ATM, but it is over here 2020 and it's capped by a baby shelf. So they can actively use it. Then they have a shelf-expired equity line. And they have a December shelf 2020, $3 million. Remember that a shelf lasts three years. So this is actually not anymore valid. We can see the history over here of the company with Wainwright Cantor. So they basically use almost every single issue in every bank. But the company has trash. We can really say this. Now looking at our daily chart, we have this key level that I was watching this morning to 60. More over here to 80 and more over here to 330. Also feel free traders to interact with us. So tell us which stocks are you trading this morning. This is an hourly chart. And I'm putting my key levels over here based on where the price rejected in the past. I like to use when I trade, book them up together with the five minutes or three minutes or one minute chart. But generally I like to use them together. So it's still front side of the move. Once we got this to 80, you can see that spike on the one minute. Okay, so spike over here the one minute push. I prefer to wait the gate. So we'll be waiting the gate if we have any kind of A plus at a pattern. The logic over here is to look for or a push into this 290 and see if we can give a fake breakout. And then short. So ideally a short will come right here just below 290, 285, 280. Or if this extends, we're going to check this around 320 or 330. So this is for IBIO, but the plan over here will be looking for the backside. The setup instead for the long players is going to be looking only for J-Lines Curls. So every single time the price gets to this gray, looking for dips in case of holds, we're going to look for a long. We had NQ. So this morning NQ gave a reversal. It started to push. We're going to look for two major plays. NQ very simple. So or a dip this morning into this gray line and it works simply extremely good. I can guarantee you that a lot of the traders that are using our system are just like playing those because it's basically the rise from a backtesting. So every single time the price gets over here with the order of flow. You can use the X-Feed Rhythmic to look at NQ and then a chart pattern. We like to take the long so I'm looking for a wash into this area over here. 535, 540 for a long play. Or if we have a fake break of the pre-market eye looking for a short on FFT. We have LIXT. And this was a good play in this pre-market. I like over here to share one of the traders in the room that is doing pretty good. Especially I like that he found over here his niche. So this morning we got the alert over here on HOTH. This came to the 210, 215, fail, show 195 all the way down to 160. LIXT over here we're looking for now 4 and 440. So nothing anymore to do too much on HOTH. And we're gonna cover right now filings. Always important to look at the filings. In these small caps then we're gonna go for large caps on LIXT. By the way, anybody trading this? So we have some traders over here on LIXT. Let's look at the filings. So stock with no cash. Warrants at 6, so a little bit far from now. ATM over here terminated 2021 shell. So even this would have been terminated. So we don't have a lot of dilution. You can see offering ability low. But they have no cash. We're gonna also check if they have a lot of back holders right now. Morning Demo Trader. So we see a level over here at 470. We traded very small amount of volume there. Not even one million, but I'm gonna keep over here this 440. And then even higher, this at 470. So those are the two key levels that we're watching. Let me also double check on hourly chart. So the two most important levels this morning on LIXT would be to short only 440 and 470. So I'm not going traders to trade this before that price for short. For the long side, instead I'm waiting only for a dip into the 320. So they serve it here for the long play. Okay, so again I'm looking for extension play to those key levels. Not a lot of back holders over here. No dilution that we have right now. So this could push eventually with high volume higher. Okay, so watching only that on LIXT. So for now we have LIXT and IBIO for the plan. Then interesting we have DJT. So second day that this is on the scanners. You can see here biggest gap in the big cap land. DJT yesterday traded head volume over here. So this push from the early remarketing the 50-55 up to the 80. Dipping the 5 minutes in and over here mid-morning. And then push it back up to the 76. So what is going to be the play this morning? We're going to look for dips into the 6850. And with volume we're going to take it long. Okay, or if you break the 71, 7150 right at the gate and stuffs. We're going to look for short. So sell the new senior. Over here we have some news you can see on DJT. This is the old ticker which was called the WACC. You probably remember this was Skype rocketing some time ago. The next one is going to be NVCR. This was another main gap this morning. Now it faded pre-market. And we're talking in the room about the news which was a phase 3 trial. So now not final endpoint met. It came up to this daily level 1818. You can see my red line over here. And I believe there are some traders still in the room on this. And I saw this kind of play this morning. Which was an insanely good play. You can see over here this is trading through broker cobra. Again over here the trader entered and didn't hold so out right away. And then start short over here 1850 all the way down. So the news gave us an idea of the stock being a sell the new senior. But you always have to look at the volume and order the flow. Because you never know how the news will be interpreted by the traders. And then over here exactly where you see this red line. So this dotted red line over here. Traders start taking the trade and guide it all the way down. So good momentum play.  Anybody else took this trade this morning? Yeah right now traders I'm not going to look for any long play on NVCR. We will really need to have eye volume for that.  So watching NVCR for 1616. Okay let's move on. Hood Marvel MRK Mara. I want to go over here hood. And also I want to show you the swing trading system over here on hood. Okay so we can see that from the starting of the year. First let's look at a daily. Okay. From the starting of the year we had this golden cross. Which is the J-Line 1 J-Line 2. So the fast J-Lines crosses the slow one. There's some consolidation. We start having about over here. A couple of weeks of consolidation and then breakout. Then it came this earning over here. Gap play on earning. We start holding this support. And then another consolidation dip and it's starting to push up. So the price over here doubled. Almost doubled from the starting of the year. Starting of the year we were at $10. Now almost 20. So we are this morning into the 21 dollars. We broke this daily resistance. So I'm always looking at those daily levels. And if we're going to confirm this level this morning. So this is going to be on the what's list for me. I'm looking for target 23 to 54. So what is the daily chart over here showing. So this is a daily level. You can see that we had this bottom over here. So it's important key here in this case 2060, 2070. And then we had this lower high over here. This peak at 2350, 24. So on a confirmation of the hoping. Okay. To hold over here the key daily level 20. 60, 20. 50. I'm looking too long. Ideally into a dip into the 2050, 2070 with target 2350. All right. So my plan over here is going to be a long play on HOOD. Always have a plan B because let's say we have instead sell the new scenario. Okay. This morning this was up on use, but let's say this is not going to push. Then if we fail the break and hold of the pre-market high, which in this case is not this 21, 26. Okay. This is just like trading view, giving the usual eight o'clock fake bars over here, fake prints. So if we're going to fail that $21 or by the time to open that pre-market high, then we're going to look for a short play. We're looking for lower high and short play. But again, good morning Jay. I'm looking for DJT in a big cap land. MVCR for this volume. We're looking for a short. DJT, as we said, we're looking for a long and only for fake out 71 short. HOOD, we're looking for a long and only on the fake out 21 short. Tesla is inside a pre-restrainting range. So it's not giving me any A plus setup at the moment. But as you know, I'm pretty confident when I trade Tesla because the trading system is working very good. So what I've been looking for, ideally a dip into the 180, 180 and 40 to trade long on Tesla. The best way for me is that I look at Tesla with a 15 or 16 minute chart. This was the plan of yesterday so we can cancel this. We had then the long play. So you can see here that from this 179 with this consolidation breakout this morning is pushing back up. We are at the mid range of yesterday. So around the 50% fib. There's no A plus setup right now to trade. The A plus setup this morning would come only if we break the 184 consolidate and then push back up. Okay traders. Or if we fail the trend line break and we reject for a short play. Okay. Any questions traders? Let me know if you have any questions. Anybody looking at Tesla? Exactly. Ideally I'm looking at Tesla. Ideally I'm looking at Tesla to reach this 184 and then 184 over here. You see yesterday we had this big spike. We could have or a breakout consolidation that long or really a fake breakout like yesterday double top and then short. Absolutely. And I would consider traders for who is a newbie. First of all, when you look at these sessions, only learn from them. Once all the session you will learn along a ton. Get in the room and I can promise you will learn so much about the strategy and how it works. Everything that we trade is based on statistics. So actually look in the setup. For example, yesterday I had an interview with Nieto. We became friends. He's off investing in the ground. And I shared that it will come out soon. A strategy that when you apply that on small caps, you have 86% in the last five years plus that that is going to be a short 86%. Okay. So good morning, Tom. On AI, I didn't check yet. Let me see over here. What else we have first on the gap land? No, I think we have plenty. LIXT, IBIO for the short. And then I'm looking for NVCR, Tesla, hood and DJYT. So I'm looking for those. Yeah. Okay. The more stock moves up in pre-market strong. So in this case, like Tesla, I don't like to trade right away after the gate for a long. I'm looking for a pullback because generally, we're going to have a profit taking. If you trade when it's extended, especially from a Z-Lens from a VWAP from 90 May. Okay. If you look at the five, you will see that it tends to retrade, retrade, sorry. And you don't have odds by your side. So it's always better to wait for a pullback in order to retrade it. Okay. So we're going to start. Today traders are in another office. So try to use YouTube over here for the boys. Okay. Open. NVCR fading. Push right away at the gate on IBIO. Just from the J-Lines. Hood fading. Tesla into the support. Watching over here, IBIO. So NVCR, wait for the 1550-16 J-Line rejection short. DJT, look for a long play. So we need to wait over here. A setup. Hood, no play yet. IBIO, or you get the long ad dip over here into the J-Lines. Or we're looking 280 fake breakout, 290, or 320 for a short. Don't short front side. Wait that. Bookmark gives us a fake breakout. LIXT, we had a fast push into that pre-market IM fail. So this is behaving like a gap in extension. First break over here in IBIO. High volume over here. So careful. Volume is 1.5mm. Don't trade a short. Let it go. This is going to probably dip over here to 285, 286, and then push back up more. Tesla faded for now. Waiting the play. So NVCR came over here to the target for who were shorting pre-market. Hood fading more. Fail right now, IBIO of that pre-market high. You can see instantly it faded that pre-market high. 290, 280. And came down, look at the big selling pressure after that. Start watching DJT. DJT is a big seller at 72. So DJT, if it breaks 72 and it fails, it's going to be a short. If instead we break the 72 and then we consolidate above 72, then we're going to have a long. So both strategies over here at LIXT, you can see and IBIO have a gap in extension play. You can see our square over here, our diamond red tells us it's a short play, but this is exactly what we want to see every single time. Remember what we said, we're looking for 280, 290, fake breakout and short on IBIO or an extension to $320. And just look over here, the breakout and then this is when sellers jump in. This is what you have to look for when you look into short. So still not long over here personally on DJT. Still nothing on Tesla yet. Marvel setting up for a long play. Remember we have a gap up this morning. Still not a long. DJT fading. So you can see that the system is taking us for now only short on Marvel. Nothing on DJT. Only short on Tesla. Look at that square red. And IBIO, it likes the short. So I'm putting over here instead of hood now, Amazon. So thank you Rico for the update. Amazon, if you are on this, it gave an over under or in this case, yeah, over under F50. So you can see the system gave us a short with this square red. So all these plays that I'm actually showing you right now, soon we're going to have the trading system ready, you know, to give it to everybody. And that is our short play on Amazon. And that is our short play over here on Tesla. And together each time we look for the use with Bookmap for the confirmation. So like on IBIO over here, we had this red diamond. Okay. We had the selling pressure on IBIO Bookmap to confirm the trade. So LXT is curling. Remember, we have no high dilution scurling with this cup over here, the VWAP. DJT fake breakdown, possible long coming. It still needs that volume. You can see that the VWAP had the rejection over here. So what's at LXT for an extension play over here? Daily level 440. And then this can go even higher. Beautiful Amazon, anybody took it? LXT, that's fake out. Okay, watch over here for DJT long play. Started to reclaim, trying to push a little bit of volume. Long confirmed right now, 735. DJT 7.35, long. Risk is going to be the 69. TP 72, then 74. So let's see if this has enough volume to push and hold over here the 69 and starting to push above the 70. Let's see. For now it's a little bit weak.  Setting up over here Marver for a long play. Marver confirmed long, 71.60. Risk over here is going to be the 71.30. J-Lines. So in this case, we're looking for this breakdown. This breakout, sorry. To add more. If it fails below here, we're going to use a stop. Amazon over here for who has a system. This is fading, so good play. Tesla again, the play short. Play short. And over here, this is another play long to check. DJT over here, this is a stop at 68.80. So didn't go. Marver, TP-72, then 74.50. AOTP is going to be $2 and lower. Marver over here, let's see if they're going to hold it. You can see Salos came in. We're going to risk just below over here this 70.10. That is going to be our risk. Here we can see the push fail over here with the trigger coming. Once the bar over here is at 270. So if you showed this between 270 and 280, I wouldn't trade over here anything more. I would wait only for spikes to add about 265-270. The first major target is 210. And then we're looking for $2 and lower. If you want, you can trim just a very small position. Not working over here. IBIO 71.10 out. Marver, sorry, 71.10 out. So Tesla, Amazon, IBIO, LX, T giving setups. DJT over here, no for now, and also Marver. Market over here seems like weak, faded, pretty big. So even these other large caps, they don't have enough steam to push back up. Until my NQ won't give us bounce play, no point in going long. So we have our trend line here. This is NQ, this is the trend line. If you break this level, so the 485, 490, tar is going to be the 440, 450. So for now, no long play over here. Okay, let's also check LIXT on book map. If Marver will give us a trend line break then a pattern too long is going to be again on wads for a long play. DJT for now fading, so not really interested in trading this at the moment. It's just like fading, so good for 67 and lower. Putting over here also IBIO and LIXT on book map. And this is what always we look for when we're trading the fake breakouts. Okay, you can see over here the level at 420, which is our level that we had over here. You can see this 420, 423. This is the breakout, breakout cane. So we had over here this 435, 440 push, which is this level over here and then simply faded. And you can see also over here the fail. Okay, so the fake breakout on LIXT. This is a setup that if you look at the lessons that we've been giving on book map over here, you will see that for years and years and years we're trading this setup. So I'm glad to see over here our members that are short on IBIO, well done Scott. LIXT first arc is going to be that 350. We have some book map over here at 360, but the main level is 350. You can see also it's a fib level. We have the J-Lines over here. Short covers third of the position. And then we're looking for that $3 on lower. Okay, so this is over here first cover. Support hit and look at this big sellers, this big selling pressure that we had on LIXT. Look all these sellers. So Marvel now forget about it. It's simply that role. We need to start looking at this with a five minute charge. So bigger timeframe. DJT as well. So five minutes. Amazon over here trying to give a pullback, but essentially this could be another unwind. So look for a bear flags over here. We're going to keep DJT, Marvel, Tesla, Amazon, Araniel, so yes and thank you and other monitors. Nice IVIO J-Line rejection. I love to see over here our members adding at 255. So this is what I want to see. Those ads important over here to recycle. Beautiful buddy. And this is normal over here. You can see some covers, right? It's a fib level. It's a J-Lines 350. Often you will see J-Lines at fibs. Remember they come from expansion number Fibonacci. So 350 we can have over here a little bit of pop and then looking for this more to fail. Start watching triggers on Marvel. So possible consolidation breakout coming. But again we have to be very careful because the entire market is fading. Small bounce on Tesla. For now simply stick over here short on IVIO. Sorry and LIXT. This is fast. Some volume. You can see absorption at 340 and then little bounce on LIXT. But again it's still for the backside. NQ found over here support. This is a daily level and it's bouncing. So check out this NQ in the Qs. DJT still washing. A little bit of pullback from IVIO and LIXT. So bouncing from J-Lines 3 and J-Lines 1. You can see book map over here from 340 back up to 352, 353. Not looking too long that position on this bounce on NQ and Tesla. Or Amazon simply waiting. Trend this morning is bearish. So I'm just going to wait. Direction again for the downside. This is the ad over here. If you're short on Tesla. You can see the trend line break and bear flag falling over here. NQ. So when you start seeing this simply just trace the trend line. NQ is fading. Tesla over here making a bear flag. So if you have your position from higher let's say you short over here the VWAP or with our system you can see the red square over here all the way down. You start adding your position over here to the 17780. And now you're looking for a break of the support 17750 and you're looking for more in wine. Remember NQ over here the Qs in this case are the guide. So you're looking for that on wine. LIXT still holding the support of the J-Lines. What we said about this stock. It doesn't have any kind of the illusion until $6 for the warrants. So nice place over here on Tesla. So we're going to keep it also on book map. We're going to start keeping right now a 5 minutes on LIXT and a 5 minutes on IBIO. When we get around 10 o'clock I like to shift the chart mainly to 3 or 5 minutes, 5 minutes worse even better. New lows for NQ. And that's the reason why we said before we follow the trend. We're not going against the trend. We're not looking to buy NQ. We're not looking to buy Tesla and Amazon. Market is still unwinding. And also I would simply prefer to follow the indexes than for example looking to trade something like AMD at the high of day. So try to follow always the indexes. So this is Tesla on that beer flag. So we can see the price here getting to the VWAP at this point. And then we have this trendline break. This is your level 2 trade. The one we call 17780, 17790 which is this level over here. So you wait lower high over here. This is your lower high. And now you're looking for ideally this target. 17670. So you want to see a rejection over here of this level. And then you want to look for more in point. Okay, make sense traders. What is basically the market telling us. NQ down, yes down, Q's down, everything is down. Okay. This morning at the gate. This is not easy to trade. I'm pretty honest and I agree with what are the members wrote me. It's hard to trade this because we don't have the fake of the pre-market high. But you have this red square. That is the system. You can see this one. That tells you, okay. Now we're looking for a short. And the short comes exactly when the price is in this area. So 180 point. 180.80, 181. So at this point the system triggers over here. The short. And then once we reject the VWAP you simply look to hold it. And once we have the pullback into the VWAP that's your add over here. You can see that now we're going to these lows. So it's a good recycling. Take out over here a partial. 177.25. So 30%. Yes. This is another thing. Bitcoin will be down every single time that indexes will be down. So yes and Q will be down. BTC will be down. Just following the indexes. Just following the market. Okay. Let's go back to check stocks. LIXT. IDIO which is pushing. You can see this reclaim. When we have this push 255.260 you have to trail a partial. So it's very important over here to trail a partial. You see now the high volume pushing in. And if this doesn't stuff then it could even go to the high of day. Where to add over here? Not yet. Because the volume is very high. The only level to add will be 280 with a JSLIM. So 280 or $3 to add IDIO. Only with JSLIM. Remember Tom. Remember Elio Gal. Only with a JSLIM we're going to add here. Okay. It's not adding while this is going up. Because the volume is massive. Tesla target 176.90. 176.90. TP Tesla. We already took one third off. Now hold. Wait. TP 175. Okay. This is for Tesla. New lows. So system working very good. Book map. A great tool. You just need to wait for your playbook setup and trade it. Don't fight over here. Traders the volume on IDIO. Okay. It's a high volume. I see a little like Steve Feather. Okay. But for now, IDIO. Careful. IDIO on less of JSLIM. Don't short it. You want to wait 280 or 290. Don't short it at this level. 271. Fix out on IDIO. And right away it dumps. It's going to be your add short. Okay. Let's see if it fix out. Not yet. They're actually holding to 74. No fake out. This is strong. Daily level coming to 90. There we go. And now they're probably going to look for a halt. In the meantime, new lows. Tesla 176 and 10. Oh, thank you. IDIO. Remember what we have to do over here. Wait now. 320. And that's the reason why I said that 260, 255. You have to trail. And everything in the money. These are the rules that you learn from trading the patterns that we teach. Tesla. Hold it. Very high manipulation on IDIO. Careful. Don't get trapped over here in shorting this. Amazon. JLA rejection and breakdown. You can see the system over here giving you a diamond for a short. And now we are again at that level Daily 282. On IDIO. 18, 400 and NQ. 176 and 20 on Tesla. What do we see traders on IDIO is a classic pattern of manipulation. So go short if you took the gate because that's your A plus setup short. You can see here you got the three dollars faded consolidation, reclaim of the dealings when you have this reclaim you simply do. You're going to look for a trailing into the curl. Now they washed you can see they got the three dollars they washed. Personally, I wanted the fake break of three dollars. So not in this position you can see over here they got three. Very high but I like more when we have the fake breakout. This is a classic pattern type one manipulation so they trap over here the shores they squeeze them they got the high again volume tapped two million plus on a one minute chart and then they dumped it. May the Amazon Tesla simply perfect with that failed this morning. And that was to answer about AMD as we said you can short something that is going up and it's a tech stock while NQ is fading. So good reason over here this morning to avoid and well played. So review over here the setups LIXT we had a gap in prep TP is going to be 280 and lower IVIO we failed the pre-market high again but not looking for now any trace of waiting IVIO if low volume then fails to $2 AMD NQ DJT, Amazon Meta, QQQ all bearish. So only stay short side.  Again traders if you want to learn more join simply the room see one month like it, take the lifetime or join mentoring I promise you will learn very very much we have a lot of professional traders in the room and traders will be successful and trade by living. If Tesla gets to 175 50 we are going to cover more but for now we hold with this one 77 trailing now IVIO J-Lines let's go back on LXT we are going to check over here the auto flow no high volume for now series of lower highs low this is what I like to see when I am looking for short bull trap over here at the gate in the first over here 5 minutes fail over here to the 320 but it's not our target our target is going to be this 260 for this pattern today okay so we could expect a pop to the J-Lines over here 350 or even 370 but we are looking for ideally this 250-260 yeah Apple is totally on a different planet this morning this is one of the only one that is running this is a trade from a mentor here so long play under over and essentially chill over here mentoring student long sell sell sell yeah but you can see Apple not really falling at all relative strength on its own today so IVIO again I don't like the short because it's just made out of Virgil Slim and that's a long play you can see over here this is a long play I will long every single time system getting along at 260 that's my A plus setup long play every single time that I see this and you can see that heat map that 265 is my low the boat long J-Lines, Reverse J Slim VWAP look at book map over here yeah look over here perfect solid setup as a clear trade is this you know we talk always about the Reverse J Slim in the room the book map look the volume coming in this is the one of the A plus setups too long one of the A plus setups we have a level on IVIO at 320 so daily level at 320 fake out of now of the previous high very interesting over here the price section a ton of volume this is the previous high $3 you're probably going to look to push it more so just want to share this with you this morning we had the short from the system over here my what I like is the long play once we are holding over here you can see that the J-Lines is above the VWAP we have this Reverse J Slim so long play comes exactly into this area between 263 and 265 and we have this major confirmation of book map cut play you can see also over here the big volume coming in this is really what I love to trade we love every single long to be exactly like this this is a long play this is long ok so this long play over here the volume is super strong squeeze everybody this is the previous high and once they then failed you can see they failed over here they simply dumped ok so that is where we have sellers joining in but a lot of manipulation push, fail push, fail, push again fail that's the reason why we don't show a weakness over here we are looking only to show those highs if you added into the J-Lines over here that's a good play for me but then of course you have to trail your position at this level over here so always you know with in the money and these are things that belong to risk management ok let's go back to large caps so Tesla we got the 178 175 in 80s we broke the 90 May 177 we're here trail more a reversal bar on NQ but I'm not looking too long NQ over here DJT nothing, Amazon nothing LIXT as we said we can have J-Lines or VWAP so around 360 or 370 pop and fill short again traders for all the traders that are going to be they are in Europe on the 1st of May so in case you want to come to the seminar that I'm doing over there without the traders let me know I'm going to send the link just reach out in DM you can find my email just below in the description alright this is an NQ I'm going to check the daily chart I'm going to put up I need to look at my level in the daily and hourly chart to see if this bounce could be a level where I want to long and we definitely bounce because this was the peak over here you can see this peak back in 18th March but I'm not longing I will be looking too long only if we reclaim the 460s now this is a breakdown only if I have the confirmation that this is a fake break so really reclaim this level of hourly J-Lines too and this 460 then I'm looking too long and when I say long there I also mean traders then looking at Tasling and others it's a reversal bar could be a good push from 420 until over here 450 we have a reverse A-Slim but I'm not long encounter trend ok so over here we have daily level we have a hammer reverse A-Slim far from the J-Lines possible bounce play so this is what they're essentially doing fake breakout and then over here we have another fake breakout so every single time they trap and then they dump ok every single time so we have sellers over here and then we have again sellers over here right now traders IBIO the only level to trade is or J-Lines so the gray line to take the dip along like the reverse A-Slim and once you can capture one trade like that long or the short of the open which those are treated and covered in our manual playbook on the website then it's done so or that short of the gate or this long over here that's it right now what I'm looking at this could go up and down why it's gonna get 1030 above the open level and at the pre-market high so there are two chances over here one looking for shorting the ski day level 320-330 so only this level I can try one hit for the short but if I have a pattern if I have bookmark confirming or another trap so dip into the J-Lines just like we had before and long that's it that's the only thing I'm looking at so in my mind I'm not really paying attention what's doing over here in my mind there is this level where I'm looking to short or this level but when the price gets over there I want to see a set of just like I saw before or here for a long is that clear otherwise all this up and down trap in both sides it's not important those are not key areas so Tesla again 176 we'll have to see another flush below 176 to 175 NQ still holding with the reversal bar on the 5 LXT for now we have a fader if short with the gap in extension to the forward then we have to drill everything I would say 50% at the scurril 360 and more over here 380 I've got you all we stay with the plan so looking at the order of flow here we have manipulation in the sense that we have several fake breakdowns like you can see over here we make a support and then they break down and then reclaim it and start making a high low and then we have another one over here you can see the breakdown we come down and break this level here so breakdown high low and reclaim and again over here we have this breakdown and reclaim it so essentially every single time the price over here what is doing is breaking down I hit map level and then it's reclaiming it let's see if I can add it better these colors and this is it then over here another fake breakdown another fake break over here every single one lower high form on NQ lower high form on AMD Amazon Tesla LXT is still there IBIO is still there still looking for it's a fake breakdown buddy because they want on purpose especially when you trade stocks heavily manipulated so high volume multiple flirtation with an agenda they want to fake breakdown so they trap over there the shores so they invite the shores to join over here and they right away push back up to trap and squeeze them so they have that no more shorts and they can simply squeeze it and push it up as much as they wanted then they can sell their position they're probably holding long at lower price more high the same thing on the crypto market buddy the same exact thing I made some videos explaining this bull trap and bear traps this is a lot on futures they give this fake breakdown and then fake breakouts is often often often happening and this is because the market right now is ruled by algorithms so you're not gonna see like clear breakouts or clear breakdowns but you're gonna see like fake breakouts and fake breakdowns and then reversal so a lot of me reversal plays this for example is the fake breakdown that we had this morning over here or if you get LXT fake breakout all of these this is the fake breakout on LXT exactly classic bull and bear trap that happen where we have a high liquidity so it's not only a bull and bear trap it's where we have a high liquidity because they want to trap liquidity you never want to trade breakouts so we're not trading anymore the market of 99 1005 where breakout used to work you want to trade after breaking you want to wait for a pullback you want to buy dips because that gives you a low risk entry for example if you look at yesterday we traded MU, Tesla, the gate and also VKTX we didn't even buy the break of the high of the day of the pre-market high we bought the dip because dip gives you a lower risk we bought the dip with a J-line a specific pattern all the three triggers came with a square black like you see over here in DJT of course now this is not long but that's the playbook and all three had a supported book below this volume it's just like a volume pressure nothing crazy so just tell me we have more sellers or more buyers so we can see over here for example DJT all this morning we have a ton of sellers versus buyers and over here at the lows we start seeing an imbalance so we start seeing buyers coming in so that tells me over here we can have a bounce this doesn't mean go long this means we have potential bounce yeah buddy I shared even my first books when I started trading Italian equities it was all about breakouts I was studying Berry Road, he had run trading with this but trading is not anymore like that the more we go on with the years the more algorithms are being built the more heads funds I've also been working a lot with algorithms and coders to realize these and the more we go on artificial intelligence the more they will look to trap the retailer so if you trade simply what's normal in the technical analysis of the book you're not going to be profitable yes all this the trading system that you see over here traders will be under a small subscription all this is a trading system will be under a small subscription soon within your website for example I'll make you an example of what we had this morning so this morning we had this over here not confirmed as a short we had a long over here which didn't work on DJT then we had Amazon you can see that square over there that tells me and this tells me go short so this is a confirmed pattern because you can see over here the forecast tell me go around there is a short bias so you're short exactly when the price is over here this is already over here this comes you take it over here and then Meta is the same exact thing it gives you over here that entry so you can see again you have that square over here below this wave square right it tells you to go short every single time I just simply need to confirm this with the book map to have also liquidity and volume on my side what do you mean Darren who do I like to follow LIXT curling remember over here this system is still telling us for a short so LIXT I would be watching for this so that is going to be my ideal target let's say I read everything about algorithms so about coding but I'm working for this with one of my best buddies so we're like actually meeting more than 70 algorithms in the market that actually are profitable for the last 15 years every single year so I would tell you to study more the classical technical analysis and then get more into tracking the market backtesting setups like all the setup that we are using are backtested and trade simply those setups more than you know taking time to read yeah I was studying a lot of volume profile I was studying a lot of Larry Williams you know especially for the future he's one of the first that in the 90s actually starting in the 80s but in the 90s he made everything based on stats statistics so and candlestick patterns but again you have to grade your strategy so the patterns that work like you see when you look at my charts over here is everything MD FFT means a short over on them is a short extension over here means a long and then became a short first was a short became a long getting crap for a short and IBIO only as we said 3 30 to short or one minute J lines too long after bear trap it's not an indicator only buddy it's all a trading system that is still not available on trading view so we're going to release it on our website soon so it's all of this that you see over here and as I believe in about two three weeks will be ready okay all right readers so for everybody if you want to continue with us I see you in about five minutes in the trading room again reach out if you need help we have a mentorship program you can follow our YouTube channel JTrader Co or Twitter JTrader Co or small cap room thank you for attending all these lessons see you next Wednesday please put a like if you also I want to trade together with us or be with us and other traders in Madrid I'm going to see over there reach out for the details first of May in Madrid thank you again thank you book map and again good luck in about three weeks I believe bodies to be ready so we're still like improving this day by day and we can also share you know everything in the room every day so traders who join the room they already start seeing book map every day and also how we use the trading system thank you again have a good trading and see you next time