All right, well good afternoon everybody and welcome to the bookmap Academy meeting We do this every Thursday as you guys know So it's coaching and mentoring and we'll review your trades in here Hold on a minute. Did I in mentoring and we'll review your trades in here? Okay, and the the goal here is to extend this opportunity here For you to learn about order flow to get some feedback from us for you to become better trader and We're willing to if you take part in the in the program. We want to Compliment you with book map for free Now that you have to earn this and there is a path So if you're interested in this program, I just go to book map calm click on the more button up here And go to book map Academy that is here under community Okay, and you can read about it here and go through the process You'll first apply for the book map junior Academy if you are accepted into the junior Academy. It's a testing ground The goal in here is to meet a quota of just one piece of content per day. That is quality And if it's good stuff, you will be invited to the book map Academy Where you can get book map for free. You can also get the MBO bundle for free if you double that quota And you you can move on through the process here become a coach become a streamer And it's all starts here. So you will need to sign up and you will need to put in your discord name Once you sign up, you'll be instructed to go to our discord channel in the discord channel here it is in the What is it here the Applicants room, okay, so hold on just a minute Right up here. Yeah, and you will request your spreadsheet with Dan And Dan will give it to you. We'll capture your discord name So now all the communication is going to be in discord at that point, all right and present your Or you know copy and paste your Your content into a spreadsheet and we'll review it and and go through it now. It's on rotation so we can't get to all of you guys, but we really try and We really appreciate Your efforts here and want to create a really strong community and support each other. All right So 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 risk disclosure trading futures equities and digital currencies Involves substantial risk of loss and is not suitable for all investors Past performance is not necessarily indicative of future results. All right, so let's jump in here and We've got slowdown on the mic and He's gonna go through his content first Hold on a minute here, and I'll bring it up Or I'm sorry his feedback on your guys content Just a minute. What did I do? It's a link Okay, hold on just a second guys There it is. Okay Alright, well welcome slowdown and first off you guys know who he is most likely and He's been creating some fantastic very clear content for the past year or so and It is exemplary and Really happy to have him here as a coach Thank you Bruce. Thanks for the kind words and hello everybody to be perfectly honest I'm you know never really been one for the microphone. So Please temper your expectations and I'll do my best to navigate this review, you know as efficiently as possible Any comments notes are all purely subjective. So take anything with a grain of salt just like you should with any information you're getting on the internet these days and I'm gonna jump right into shark baloo. So Bruce if you wouldn't mind enlarging the image there Of yeah, and overall shark. I just want to say I think you had some fantastic progress I like how you've really begun to refine your focus and Primarily document the one two three are reversal pattern. I scrolled through a few year submissions and Thought the quality and your consistency is really high. So all in all just keep up the great work my suggestion going forward Is that I've noticed you've done a really good job identifying order full elements on the image But I would also try to apply those order flow elements to add a little more confidence to the actual pattern you're tracking So while you see your pattern setting up, you can ask yourself is the order flow currently supporting the pattern and So what I've done here is I've gone through and just made a few little order flow notes on your image to kind of go along with You know that theme So first thing, you know kind of first things first is the liquidity you can see as you've noted It's a lot thicker on the ask as price is moving higher on volume. The bid is not really supported This obviously means that sellers when they enter the book they can quickly drive the price lower with less resistance But you know if I'm being perfectly honest where your entry signal is on the bar chart It look like the order flow doesn't quite support a short entry at that point I've marked on the book map chart, you know around where your bar chart entry would be and at that point it feels like You know buyers are still in control again. There's nothing supporting the bid so we can move quickly, but I wouldn't have the confidence to enter the short Exactly at that location based on what the order flow is telling us. So if you kind of look at Where I put the little B there the white B You can see that's kind of when sellers actually enter the book until that point We don't really see a lot of them and we're only a point and a half off making a new high a day So, you know those are two reasons why it'd be slightly more cautious After the sellers enter we do see a low volume like kind of push from the buyers like the buyers try to take it back You don't get a lot of interest Like I said, they are you know That's right around see Bruce. Yeah The low volume pullback from the buyers is kind of a failed attempt to make that new high a day After that point I would be a lot more comfortable looking for the short personally So I've circled an alternate entry Right there which goes along with Your reversal pattern. It's just not taking that very first Break of the trend line. It's waiting till we see the sellers It's now we've seen that the buyers don't have enough to push a new high a day And now I would be more interested in the short And if that's the case, I would be trying to get a scale or a partial profit By where I've outlined the letter D Which is the previous structure where buyers took off and if you look on the profile It is also the high volume area So, uh, I guess my advice would be while you're tracking this pattern Just see how the order flow matches up with it So my alternate entry, of course, would have been less profitable than the one you've outlined on your chart But I personally would be a little more comfortable with it just based on what we see in the order flow and uh That's kind of that I'm a big fan of obviously drawing my own schematics. So if this pattern is something you're really studying perhaps you could consider drawing your own, you know small diagram and Putting a few little order flow elements in there to remind you of what you're looking for You know to actually engage in the trade But otherwise great job great content. I like how you've got the bar chart there I like how you have a defined setup you're looking for And you know just find a way to To add in those order flow elements to give you a little bit of extra confidence Yeah, nice. Nice. Really nice. Um, uh, just um I have a few comments, um As well on on this like, um, I'm in total agreement, um with um with slowdown In in the sense that Um, I I understand you're looking at your 1 2 3. I understand you're looking at your technical analysis with the trend line here But i'm not seeing anything tell us anything about that. Um in the order flow here This still looks to me like it's going higher Uh, and they pulled away and they pulled away on not too much volume in here uh, and uh But it was it was successful enough Brought it down to uh where it broke out from we get a little bump Uh, and then uh, I think Just like slowdown is saying like in here look at the volume in in this area here Uh, it's it's very little. Uh, so at this point here, uh, you really have a much lower risk Um, it's moved away from here, uh in this higher area And uh, uh, it's just like he said it's you're not getting as much out of it but it is The order flow is telling you more And I I think that's really really insightful from uh from slowdown Uh, do we want to turn the mic on for um shark blue Yeah, can There you go. Can you hear me? Yes, there you are Yeah, so I've uh I initially started I was prioritizing that that pattern But but moving forward lately. I really want to Prioritize the order flow and then have the pattern as Uh, confluence For the order flow like you guys are saying Okay, so I mean, this is something that you you've you've really studied quite a bit now It's kind of one two three pattern Before coming to book map. I was in a group that trades Trendlines channels and wicks only I was the I was the only supply and demand trader in the group So I I adopted this which the mentor there teaches And and kind of worked it into my supply and demand levels So I've I've been using it for a long time and I've had really good success with it You know all the way, you know daily charts Creating option leaps and then all the way down to really really low time frames Wow, that's fantastic Another thing shark um that I like to do is I look for the pattern that I've like kind of predetermined To set up and that's when I really start focusing on the order flow Rather than focus on the order flow all day all over the place You can use that pattern to kind of let you know it's time to time to pay attention like, you know hard focus versus off focus mentality And uh, so when you see that pattern setting up If it's something you're successful trading, you know, just look for that order flow to uh to kind of confirm what you're thinking Perfect. I think the order flow The pattern and my supply and demand zones all work really well together All right, that's sounds good That's really um great to hear. I mean like uh the um Uh, I think slow down your your comment there is is um Uh really noteworthy because You know, we're all we just burn out looking at order flow all day long or looking at charts staring at these charts all day long And that that's not helpful. I mean You know instead Here like um, you know, here's your higher time frame pattern This is what you're looking at on your higher time frame Now start to look at the order flow Uh in this back and forth in here, uh, where is it that you know, you're you're looking for here's the here's the pull away Uh and but now you can start to look at okay, was there high liquidity here? Yeah, there was uh, and uh Was there a lot of volume here pulling it away? Well, if if there's not like you know, it's uh Uh, perhaps it just tests down here and comes right back up and then breaks out um, we don't know, uh, but uh, uh Like focusing in and on exactly what you're looking for because you know, you've been studying this for a long time Uh, then look at the order flow when you got it so I think we'll Allow you, uh, allow any of us to Stay in the game longer basically Less energy. That's that's really on point advice. The cool thing about this one two three Uh trader vix pattern is if the two fails Then the two b rule kicks in and it gives you another opportunity for a reversal That actually has a much higher risk to reward than the one two three itself Ah, okay. So you mean the uh, so if it if it fails down here, you're looking for the move back up through You will know if it if it fails at the two here, which is which is to stop making high or high So let's say it does make a high or high That's when the two b rule kicks in And and you can you can grab another entry using the poke bar The where the two and the one two three fail I'm gonna I'm gonna draw up a diagram Like slow recommended and I'll I'll get that shared in in my next my next round of posts Yeah, awesome Um, okay, uh, let's see anything else you want to add in here uh Thanks for the Thanks for the the inside. I really appreciate it. Yeah. Yeah. No no problem. Uh, the uh, just looking for you know I mean, like it's just a good example of looking for something more likely Uh, and I think like some of these points in here like it is just more likely You know to hit this if it's moving away from all of this up here Uh, and if we've got lower volume you've gotten less buyers in here Uh, you start to see sellers ramp up here This this looks just more likely to unfold Um, yeah, I see that I see that now Um, yeah, yeah, okay. Well, uh, let's move on to the uh, uh next, uh trader here Thank you a lot guys. Yeah, thank you. No good great stuff on to uh JYF Yeah, JYF trader So overall I'd say you've done a nice job of capturing You know the larger picture of the day's price action Uh, you've got kind of five screenshots six screenshots in one there Um, I would say though Yeah, this is just my opinion for the purpose of the bookmap academy My suggestion would be consider submitting less total screenshots And identify specific order flow behaviors on maybe a single screenshot instead So I've noticed you're noting things like VWAP rejection V poc fail So one approach is you you know, you could consider highlighting the order flow around these events And then see if you can build a little more of a defined criteria So that when these events occur You can kind of have a checklist or make them more actionable in real time So it doesn't have to be You know, it doesn't have to be the VWAP rejection or the V poc fail any anything that you're noting that you find interest in I would say focus in a little more on and try to find You know, what order flow elements are occurring around those events? How consistently are they happening? You leverage that you know into your trade plan Um, so what I've done is I've made a few kind of broader order flow annotations on the main image there I'm an example of what you know, some people might consider relevant You might not find these important at all and that's okay, but it's just an example of Me quickly pointing out what I see, you know as areas of interest on this On this image So if we start kind at number one there Bruce we'll see um You know, we open with a push down and then a big buy impulse up into number one And that's kind of pick and stops at the initial balance high based on your cloud notes And we see, you know a lot of liquidity absorbing those buyers So we drive higher we drive into a higher time frame level. We see the absorption Um, the next interesting thing to me on this chart is number two And I'm not exactly sure what happened, but it looks like some type of data release or fed speaker reaction Based on the liquidity being pulled and the massive impulse of volume So that is an event that I would keep an eye on if you look to the left and the right of where we yeah The left and the right of their liquidity actually gets added back To the exact same level before and after price action So where we impulse on that news release ends up, you know, kind of becoming a relevant part of the picture here Right after that we retrace that entire news pulse right back up, which is kind of number three on the uh Yeah, so not only do we fully retrace the impulse but the liquidity is also added back to the exact same level And we don't have enough buyers to take it through That's another thing I'd consider interesting in terms of the bigger picture here Um, what else we got? Yes, you know sellers come into the book we start moving lower and as we approach vwap the vwap rejection you noted We see, you know that heavy liquidity added back to the ask um Yeah, right there bruce And you know it also gets pulled before we transact so we see buyers at vwap But we don't see heavy liquidity absorbing those buyers It's possible. There's an iceberg. It's possible people are just shorting at vwap. Um, you know, we'll never know But after that point, we move down to number five, which is kind of been the, you know, if you look at the screenshot It's the longest liquidity like the uh liquidity has been in the book longer at number five than anywhere else that we can see A lot of people will use these as magnets targets You know just take that for what it's worth, but uh price does sometimes tend to head towards You know high levels of resting liquidity Um as we pop number five, it's also taking the stops from the lower day Which you know, we made right out of open So you do get a little stop run there Six is important because the liquidity is added directly back to the level And buyers show up So like right there between five and six is a really interesting point in terms of order flow We get close to that high liquidity We don't quite transact it and then it gets added right back to the bid and buyer step in Um, so right there could be a potential caution if you were short You might be looking for an exit or you know, you might not be looking to get short anymore at that point in time And then the last crucial thing for me is once we regain number seven So number seven is kind of the high volume area of the chart and if you look to the left it's kind of also You know, we've had a few swings off there So as the buyers drive us back up above a level I would now be kind of Not looking for a short until the order flow changes and says anything different And again, that's just an example of the you know, a few things that I'd be looking at when looking at the chart That doesn't mean the things that you have to be looking at or anybody else has to be looking at But I guess the you know, the goal of this was just to say Um, perhaps narrow your focus a little bit more Uh in terms of your submissions on to what behaviors actually interest you And how you can use those to you know, create You know a more cohesive trade plan Yeah, great. Thank you. Thank you slow down. Um, we've got uh, j y f in here so we can uh pass the mic over But you I think he's got his hand up okay, all right, so uh You've been invited but it looks like uh, you don't have mic access or don't um Uh have the capability right now. All right, that's fine. Um, so uh A big part of the room uh is or this this webinar is for you.  We'd like to hear Uh, what you guys think, uh, you may have questions. Uh, this is the time Uh, and we can all learn from each other. Uh, as we go through here. Maybe there's something that we missed uh Maybe there's something more we can comment on um, maybe uh Others in in the discussion have something uh else to comment on All right, so, uh, anyway, um Uh, yeah, I don't I mean and and then for uh any commentary on my side I mean, it's kind of there's a lot going on here. Uh And very high levels of liquidity that are staying. I mean, it's really kind of all over the place. Um kind of a hard read To be honest in in my opinion So yeah, it does look like maybe something's going on around here. Um at this time which is 10 around 10 Or 11 o'clock. It looks like yeah I don't know if this is east coast time. I imagine Imagine so um, okay So, uh, let's move on to the next one The trout Trout, okay Trout comes with a little caveat. Um You know, I did this entire review before realizing you were on MES chart I kind of just assumed it was the es chart Um, and the only reason that's important is because I make a few notes about being in the range now If we were on the es contract The volume shown in the cvp would be far more relevant than it might be on the MES Um, so this might actually in hindsight be, you know, a smaller range rather than like an all day kind of thing But nonetheless, I think the concepts still apply So I'm just going to go ahead with how it was Again, this is also a short time frame, but all the concepts I'm going to talk about Can also be extrapolated into whatever time frame you're really interested in um I guess we'll start with bonus points for your Uh color scheme on your bar chart. I love it. It's really nice. Um, I'm always appreciative of aesthetics So nice to see somebody else doing something a little different But to get right into it, um, I know that this wasn't a A range bound trade for you. Um, based on the notes, you're looking, you know, for a high day breakout But for the purposes of this webinar, I'm going to touch on range theoretical probabilities and exit strategies Again, it can all be applied to different time frames So if we start Right around number one Bruce you can see the defined range that I'm talking about again I thought this was the es contract and on the es that would be a very thick and defined range, um, just based on the size of contracts So My theory is that price is consolidating until it's not I learned that the hard way. Um, when I first got into trading I was Basically trading breakout strategies all over the place And it was a long and painful lesson that, you know Let's just say price consolidates until it doesn't Um, so there's the defined range you're trading in which you've also got a nice rectangle on on your screenshot So now that that's set up you've noted number two that your entry is a little early uh And I would agree. Um, so Based on just what we can see in this screenshot again, we don't know what happened before we don't know what happened to the left So this could be a re-accumulation After like a large impulse up but based on just what we see here. I'm going to assume it's a range. Um And so if you're entering in the middle of a range, it's going to really skew the risk versus reward and again I know it's not your intention to be Taking a range trade here, but when you're entering In the defined range you are beginning your trade within that range until it breaks whether we like it or not Um For this entry to work we do need to break and make a new high at a which we ultimately do So it's a successful trade and um, that's great But wouldn't it be a good sorry when it does come time to entering a range Um, I found a lot more success trying to get in closer to the bottom of that range And just for like a really simple way that I try to digest the market So when I'm sitting back, I think to myself like the market's going to do one of three things It's either going to go up. It's going to go down or it's going to go sideways. That's it It might do all three. Um, it depends what time frame you're looking at. It might be, you know Ultimately, it's going to go up down or sideways. So when you're entering in the middle of that range You only really allow yourself to profit if it goes up If we break to the range to the upside and get continuation, you have a successful trade however If you enter near the bottom of the range With plans to take a scale or profit near the top of that range you really increase your odds of success You're now able to turn a profit if number one the market goes up Or number three the market goes sideways Because even if it's going sideways as long as you get into the bottom and you can take a scale at the top You're safe and you're profitable depending how you manage it. Um, you only really lose if it goes down so In terms of like ranging and entry, I do think it's like really important um It's kind of counter intuitive to want to enter at the opposite end of a range But it kind of works Over a larger sample size being able to get a scale before the range actually breaks can be really profitable Now in this, uh, you know, the range will eventually break But until it does we don't know which way is going to break So Something to consider again. This could be a re-accumulation after a big trend up We don't know so I'm really just kind of going off what I see in the actual screenshot itself Okay number We got there number three Oh, yeah, number three. So this is about exit strategies. Now everybody has a different way to kind of play this um A lot of conventional teaching is to front run the liquidity Some people say two ticks and people say three ticks everybody's got a little bit of a different story And the only way to find out what's best for you is to just start recording your results What happened if I took it after we passed through liquidity? What happened if I took it before we passed through liquidity? um Over a larger sample size is where you're going to really find out what makes the most strategic sense um One thing you'll note is that your profit target is sitting Just on the other side of the liquidity and that's kind of where the volume actually comes in If you look at the bottom of the screenshot there so the disadvantage here is that We don't actually see the big surge of volume until we break through the liquidity So your profit we broke through liquidity your profit gets hit But then that huge buy impulse comes in and that's really the signal that we might have legs to get up to the next level of liquidity So in my mind Like we often do pop liquidity and come right back so like The pick profit could be valid on either side, but it's more about what's going to happen You know in a hundred occasions. What's your most likely outcome? so At this point we've made it all the way through the liquidity We've hit your target and then the buyers really step in and blast us into that next level So you kind of have with your exit being there You kind of have to have enough buyers to get through all the liquidity and transact Whatever level your bids or your target's sitting on But then you don't get to enjoy the reward of all of those buyers stepping in And really lifting us up higher You know at number four you've noted the better exit was here And I can't tell from how the screenshot zoomed But there's the chance number four is exactly what I was talking about Not having enough buyers to actually fully transact that liquidity So if your profit target was you know two ticks on the other side of that liquidity You might not have got filled we see a little exhaustion above the buy volume But we don't really know so I would say just start studying A little bit of exit strategy And determine for you whether it makes more sense to frontrun liquidity Or to be taking your top profit target through it Ultimately like I think it's a great screenshot though And I like your notes make a lot of sense You've noted that even though your trade worked your entry wasn't necessarily ideal And like you also note that my suggestions wouldn't necessarily have made this individual trade more profitable It's more about Managing expectations over the long run and uh, you know We all want to do this for a while one trade is one trade and You know That's kind of bad But you know great quality content One other suggestion is I noticed on a few of your screenshots you kind of mark You know and this one you have high a day MLK day that kind of thing Um, I'm really into that stuff too. High day is lows the day is overnight highs and lows And so I'm sure you know, but you can always add a notes column to your book map And put those labels Right in the notes, um, you know So you don't have to kind of be glancing back and forth when we get to important locations But of course that takes up screen space. So, you know teach their own Excellent, uh, really really good points and there are a lot of stuff, uh, uh trout, uh Any comments on this? I think we you're on mute. Um You've only had book ref for a couple months studying the es six months It's your it's great stuff. I mean and you're looking at the right things and you just got some Unbelievable feedback Yeah, all in all, I'd say trout. You're doing a fantastic job. You know, um Measure your uh your profit targets and your outcomes and that kind of thing and see what you think but ultimately like Great job. Great screenshot Nice paint job Yeah, yeah, I I have a few few comments on here. It looks like his his computer won't let him unmute somehow. So That's that's fine. Um, well first off like look at the effort you put in Uh, this is this is um Uh, uh, you know, it's great. Uh, and you're making distinctions in here like, uh, slowdown had said with the colors Uh, and uh, uh, there's an honesty, uh to this Uh, and that's great because then you can receive some really good feedback uh, and Uh, I I really like it the kind of vulnerability To some of these a lot of you guys. Um, and and what's um Being uh, uh recorded in here This is a big part of the academy. Uh, and then to get the feedback on it I mean, there's all sorts of things in here. Um, like entering in here in the middle like It just just like slowdown is saying first off. Well, what do you have over here that that tells you? That you know, this this is a good entry Uh, and then the risk to reward. I mean like, you know, you're in the middle of all this Uh now hindsight is easy, but Uh, it's already here. You know in in the past Is there anything in here telling us that this is going to happen at that point? We do have liquidity here. We do have them pulling here and it did break through here There are some points there and I can also see some volume coming in Um, it's that's valid valid enough. Uh, but um And if your stop is below here, uh, you know, or you know down in here Maybe you have to to weight it out Here though, there there's something a lot a lot now. I know it's hindsight, but it it kind of is and kind of isn't Um One thing that we don't have up in here is strong volume, but we do get it here Uh and uh, but this this is what's really nice about this little pattern in here Something that you know, I think we see time and again is And it should have done it here, but it didn't uh, you know, it kind of goes like that Uh, and here it it finally did it. Uh, you've got the And slow slowdowns move is to kind of grab these little bottoms here Uh, and then he's looking for top of the range takes them off And then here's the pattern though, like it it's right here with your point of control So it traded up it traded through it balanced off of it and now we're getting more volume in here So this does look like it it wants to go at that point, uh, but um You know, maybe we have some previous areas up in here too. We get auctioned a lot up in there With this volume in here that might help us kind of understand This move here, so just a few comments, but Doesn't match some of the Commentary there from slowdown a little a little more articulate from his side some some really nice stuff Anyway That's just a bunch of words anyways I think I think it's always nice to be able to look at it from multiple perspectives Because like, you know, there's a million ways to to make or lose money in the market And uh, you know, we can look at the exact same screenshot and see different things and Getting that feedback from different people different coaches and especially bruce like you can really, you know Start putting the pieces together And you know, just take the advice that makes the most sense to you and resonates with you is one thing I always say to people it's like You know, I read a book all about trading And the only thing I really took away from is that you don't really need to know what anyone else is doing at any point in time To make a living or to make a profit Uh, you just got to really kind of focus in on what makes sense to you What clicks with your brain and then keep a focus and pursue That uh, you know, don't worry about what anyone else is doing. Don't worry about what i'm doing You know, just think what makes the most sense to me and then really start focusing on that Yeah, that's a really um, a really good point. Um, uh, slow down because You know, if Continue on I mean, don't let uh, we're just trying to help. We're not trying to confuse Uh, if it's confusing then don't listen uh Or ask questions and try to clarify but like If it's not clear then don't listen. I mean, uh, if you've got something that's working And uh, it does make sense Uh from any commentary here and then that's good. Uh, if it's not, uh run You know, uh, yeah And uh, it's it's this is hard enough as it is So yeah, the last thing I'll say is I just see trout's comment here Um how some days are harder to see the flow and actually execute And I'll say one of the biggest epiphanies I had is um, you know I'd been studying quite a bit and then I started going to bruce's webinars You know every monday wednesday friday and one of the first things I really clicked Was that sometimes it's not clear Um, you know, like you can have an order flow expert looking at it and you can kind of Some days, you know Where the reed is bang on and we're just flying through it and it all seems so easy And other days it's just kind of you know up in the air So one of the most important things I took away from my early sessions with bruce was Sometimes it's not clear and when it's not clear you don't have to participate You know wait till it is clear, of course, it's easier to say in hindsight Uh, you know, I fall victim to that myself But like is it clear? Yes, okay Now like look to engage is it not clear Then maybe sit back and wait for it to get clear, you know get a cup of coffee, you know Take a stretch Do some breathing do whatever you want, but you know Just the fact that you know, you're not alone in thinking that sometimes it's not clear Yeah, yeah, it's a good point and you know, I I would also just um, I I know what you're looking at in here um And I I may have um seen exactly what you're seeing in here Uh, because I I I can understand there's high liquidity underneath here bidding up, right? Uh, and then you see that this selling failed to drive it lower and you're seeing a lot of buying coming in That's pretty good stuff. You it broke here and in this liquidity traded That's pretty good stuff. Like maybe you we should get the bounce like this at that point Uh, we didn't it did another couple rotations Uh, and then it did it So, uh, uh, I may have like, you know Uh, based on that In the heart of the hard right edge like maybe I I would have gotten stopped out In this area here, or maybe I would have had it here or down here. I I'm not really sure. Um But um, uh, I would definitely be getting in again though I we have you have the same thing you have the high liquidity Um, you don't I just would like to see more volume in there, but they do make up for it here Uh, and it does look like it wants to go. It's ready to go at that point Uh and move away from your profile Uh, and that's where it's telling you I think and it's already tried it once it's doing it again. You're gonna find enough to probably Break it That's my two cents Um, okay, so let's see, uh Do we have do you have any more go down to No, I think I've taken more than enough time here. Um That's it. Okay. Excellent. Excellent. Um, so, uh, let's see. Uh jack is not in here today um, so, uh And he did a really nice job here. I I don't know if um I've we've already been through 45 minutes here Uh, anyway, like I'll I'll just say this. Um, Vinny V Uh jack has has some um, I'll put this in into the chat for you. In fact, um The um, let's see if it let me know if you guys have access to this Okay, hold on Okay, looks like dan Uh already beat me to it Yeah, yeah, okay. So dan has already put it in there. Um, so, uh, Vinny V Jack has some really nice feedback for you here Uh, Daniel, uh as well. Uh, and then x trigger, uh, Caesar You've been doing some great work. Um, and I I you know, it's great to see you in here a stock trader as well Um, and uh going going through your stuff. So um, you've got some really nice feedback in here guys so, uh It's only there's three images in here. We'd go probably another 45 minutes here Um, I'm gonna jump in I think and then go through Uh, what I've put together uh for you guys and then We'll we'll wrap it up after that. So I've got uh, I don't know three or four images in here Uh aj jay zay, uh allen and and slowdown uh, so, uh Coaching the coaches, uh, uh, so, uh anyway, uh Um, let's go through aj aj is new We're gonna open the mic for aj as well. Uh, I think he's on the call Uh, and uh aj has been trading uh quite a while. Uh, it appears to me So he's got a lot of experience. Uh, and uh There's not a whole lot to um It's more it's more like I kind of want to open the mic and and have a discussion with aj on this It's really lovely stuff There's a lot to talk about in here actually, uh, and I think all of this can be helpful in here. So Let's uh, if aj if you're in here, let's open the mic and and uh, you can Run through this because uh, yeah, I have a kind of a lot of like just points of discussion for you Me, uh, can you hear me? Yeah Can you hear me? Okay. Yeah Um, let me just take a quick peek at my notes here. This was from the one. Are you showing the one to 24? Yeah sure. Yeah so What I was seeing here was basically like weakness in the buy side auction immediately after the open That whole the whole thing is is that like I'll map out What the overnight ranges are and I pay a lot of attention to that iB that first sort of 30 minutes um into into the open and that's I think that was the the um Play that I was doing here that morning and um Presence of buyer exhaustion and exhaustion print ratio. So you can see like basically up there It's got a ratio of 542. So, you know, what it's saying for those that don't do footprint If you look at the very top of that you can see it says one and then right under it It says 542 if you look to the left in the bar prior that same price level there is 1,300 or some odd contracts traded Almost 178 traded in the bar exactly next to it on the left So that's a very quick internal reference point that wait a minute. What's going on all of a sudden at that price level There's only one buyer willing to buy So to me that was a sign of weakness in the auction And then following that you got an exhaustion print which confirmed again Right there that there's only 16 buyers now showing up Um, uh, and and now you're starting to get what are known as stacked Cell side imbalances where you see those red numbers starting to starting to pop up So, um, basically, I just I just entered a tiered short once I saw that that's enough confirmation for me to at least take My initial entry and I know you guys see that I do these time stops To me that that's just my internal kind of way of saying Okay, you're entering a risk position And let's say that my initial entries with one es contract and I tier very quickly once I'm proven Or the price or the auction is proving that okay, I'm right You know, I'll go ahead and add another five and five es contracts very quickly so my usual size is about 11 es contracts And um, that's where that's what I did is that that break of structure essentially where I write bls and what I mean by that is Previous candle low is now being broken with decisiveness And so to me that says that there's a high chance of continuation Of the candle that I've entered in as well as possible subsequent candles exactly right exactly When I saw that we are now attacking that previous candle low at that level That's time for me to that's time for me to just go ahead and go in I usually try to keep my stops, um structural So instead of I used to keep like, you know standard five point stops or eight point stops You know back when I was trading me s Um, and and it just depends on the amount of volatility. I mean if vixx is 25 30 You know size down widen your stops, but if vixx is doing what vixx is doing now I tend to stick with structural stops. So if I'm wrong, I'm wrong very quickly and that's fine I accepted and move on and look for something else. So I kept my stop right above. What did I say here? At iv high so just a tick or two above the iv high And within six minutes I had my time stop in my mind. Yep, the trade is moving my way And then I looked for signs of continuation And my signs of continuation on footprint are going to be more exhaustion prints. I want to see more and more eyesight weakness, which is what we were seeing book map I use this all in conjunction with book map I was targeting like what slowdown had said before I tend to look at what are Where's everybody kind of resting and hanging out with their liquidity? Because to me those are those are the higher higher time frame kind of targets. And so I think last time I think bruce and I were chatting I mentioned that I tend to hold trades and that's one thing I'm working on is Learning to take profits faster because I've been burned on the flip side also So I I am now much more of a believer in partial partial exits than I was, you know, several To say a year or two ago But I'm targeting all of that thick band of liquidity down at 47 73 on book map That's the confidence that I have to know that I can hold I can continue to reasonably hold this trade And you can see I took some partial liquidity off when we broke down past that internal range liquidity Where the longs that initially tried to make their breach right on the very left side of the screen That's my reference point where the longs. Yep. Yep all of those longs that are stuck right there exactly Yep, they're all stuck right there We know that we're going to go down and attack them take their stops So there should be some more acceleration which exactly there was more acceleration because the cell stops triggered and then I went off and basically started taking partial exits down as we're starting to touch that higher higher time frame liquidity You guys will probably notice I tend to write these one two threes. That's just my own personal observation I don't know if that's anyone's published it or talked about it and Maybe they have but this is just something that I've noticed You know Try to give three touches into something if it's going to want to break deeper go farther up And when I see three touches It doesn't want to break it that's signal enough for me to be like, okay good enough That's what the trade had to offer me and now it's time to leave. So That trade was pretty quick. It was like 26 minutes and just a lot of good confluences between You know the real-time auction within the footprint chart, which you're seeing real time exactly where the transactions are and superb confirmation of a book map telling you Real time exactly where everyone is positioned and at that point is just draw You know, I just drew my trend line and I didn't let the trade do do the work for you. So Anyway, so that's that one It's fantastic. What a Thank you very much a way to walk through that that whole trade There's a lot to to kind of Continue on in the discussion. I mean first off I you know This very one of the things that's really nice about footprint is the looking at exhaustion when you know It's I mean it might come back up and retest but Of course, you you get that that one up here Uh, and you know that and it's and you see sellers driving it away from that area Especially in es, you know, when you see a one or a five my settings are set to about 20 for an exhaustion That's just my personal settings, which I think is reasonable in a In a market that you know that this product trades<PHONE_NUMBER> 2000 contracts at a single price level You know, you it's like, you know, you you literally read into that as as the market is telling you what it's doing that Hey, you know, I only traded one contract on es or 16 contracts at es at 47 89 to 47 89.50.  There's there's still transacting up here, but fail to bring it higher Okay, well, we know there's high liquidity up in here. We got book map here. We got the we got high liquidity here We know that um, and uh, we also get another retest Can't make a higher high And we have zero or one trading up here that that's I mean I mean they can't get much better exhaustion. That's that's dramatic I mean, that's the auction telling you something like to your face if you're If you're actively searching and looking for these clues, right? I mean, that's literally the es auction declaring itself that Okay, I'm tired now here and if I'm tired here Well chances are, you know, this is the ultimate mean reverting market We're gonna do some damage to the other side now Yeah, yeah, exactly exactly and this is what it looks like over here In book map, right? So here's your here. Here's your exhaustion here I'm sorry. Let me redraw that because this is as far as I can zoom but uh, it's right here Right. There's actually a couple of them precisely. Yeah precisely exactly and the other thing, you know And this was sort of the bias that book map gave me while I'm entering this trade You know when I enter trades, I'm looking above and below me on book map quite a bit actually even before I enter and while I'm entering to see No, is something appearing or disappearing Because the appearance and disappearance of liquidity to me plays at least to me the way I interpret it it has a very Sort of precise interplay as to where you may want to or not want to enter or get out faster than you thought you would Um, and when I was looking at this short, I'm like, well There's not a lot of stuff above us that price wants to get attracted to and now we have two Very serious exhaustion prints within a critical time period, which is the ib Um, let's let's go ahead and you know, let's go ahead and hit this hard. Yeah Yeah, yeah, it's it's beautiful, uh crystal clear Uh and beautiful stuff making transition from Your footprint and and one of the things in here, I mean like, uh, you know, I I uh used to look at footprint as well Uh, the the um just the aggregation though in here. Um, yeah, you know, it this is what happened here Yeah, you know, uh, this is this this is the structure that it made here Exactly exactly and that's your what like we were like talking about just a few slides ago on that consolidation This could still be within a consolidation breakout kind of trade that um that one of the other fellow traders was showing That you guys were showing earlier Yeah, and in a sense that it still fits into that the other thing to notice is is that purple box bruce If you see that purple box of the breakdown candle the short entry look at that Yeah, right there. Yep the purple box what that does And that purple goes all the way to the right the way that I have it set because that keeps my eyes very focused Because what that is telling me is is that the entire Value area Whole value area has now shifted down It's engulfed. So to me that is a engulfing value area So that value area that decisiveness of the candle shows that the value area before it got entirely engulfed So in a sense in on a kind of micro structural level, that's your bearish engulfing, right?  It doesn't get more correlative than this which is well now just look below There's your target. That's where price wants to transact All of that orange that's very clearly visualized in book map. It wants to transact between Literally 74.50 to 72 and if you manage your risk And you know, you're you're aggressive and patient at the same time You know, like I like I kind of did here where I took partial and then another partial and then still was a little patient And as soon as I saw my trend line break, I'm like, that's enough. That's three touches. It's not going to do it Get out end of story. Yeah. Yeah Is is is great wonderful stuff The you also have a trend line in here It's breaking that after trading down here after not being able to get through it Uh, no interest in again on the third attempt buyers starting to come in This is now telling you something too. Yeah, and that's cvd touch, you know, as I see cvd at the zero line That's where I've noticed. Um, at least for me That's where wild things of squeezes start to happen is now Testing in and around that zero bound of the cvd. Those are places that If you're entering and things are working your way. That's a great confirmation, right? If you're wanting to continue something in your heart that you're like, man, let this break down to No, 4500. Well, it's not going to happen. It's telling you it doesn't want to do that. Yeah. Yeah. Yeah, really really nice stuff. Um, uh, let's see I think you kind of answered all of my questions in here. Um, or kind of discussion points, uh Yeah, just one one question on here was about, um, uh Do you Ever considered not only exiting but reversing? No, I And that's a great great question. And that's something that I've been very slowly Slowly working on and I hope to work on this here bruce Because I've tried stuff like that before and it I've gotten burned a lot of it is, um As you know, you've been doing this a long time You know, I used to play a lot of tennis and it and it's like literally saying, okay, you're going to play this, uh First few shots with your right hand. I'm a right handed tennis player now immediately start playing with the left hand so That ability to quickly switch, um, I am I am now getting to and I recently submitted one k one, um Uh one set of trades from cpi. Uh the other day where I actually did that so to me that was like kind of a Good progress moment where intraday. I was able to take short for about two and a half hours and then um Saw the saw enough signals there on footprint and book map and then for another two hours. I went long It was a good day almost full intraday mean reversion, but here I did not Um, and I also kind of have a bit of a, you know general profit target kind of area in mind and you know, just with experience it's kind of taught me once I've kind of reached my level of satisfaction with My profit for the day. I tend not to mess with it more because I will I do have a tendency then to give back those gains. So that's just the fact of it. So yeah, yeah, and it's like a 13-point winner Uh, uh, basically so, uh, yeah 13 points on, you know, basically 11 contracts. It's pretty good day. You know, yeah, yeah, not not bad not bad Um, wow, uh, thank you AJ. Really good stuff. Slow down. Do you do you have any comments on this? Okay. Yeah, no, um, I don't really have any Constructive feedback at all other than I thought AJ did a fantastic walkthrough The content we reviewed of his last week was exceptional as well and uh, I mean, I just think uh It's invaluable really having having that type of walkthrough from AJ on the spot. So Thanks for doing it and Thank you. Thank you so much for, you know, all your, um, coaching and feedback and saying to Bruce, you know My goal is just to continue to progress and I'm God knows I make enough kind of dumb entries. Um, also, so I'm not I'm not at all immune to that. That's for sure I'm just trying to Really really really define where I want to get involved and just the way that I trade if I get involved Get involved with, um, you know, with what for me at least for my account is is very decent size And I hope to continue to do that As your progress is just get crisper and you know more precise with The execution. So thank you guys. Ah, isn't that what trading's all about? Hey, just uh refine reduce refine refine refine refine Execute Yeah, exactly. There's no perfection to trading. I mean, that's the beauty of it, right? There's No, perfect person a perfect trader. It's just are you able to come up with Your internal rules and set of rules and pattern recognition where The fear starts to go away and you you simply see what you see and then you execute with proper risk management and emotional management. So Yeah, I I No comment. Uh, that was awesome Thanks guys All right. Yeah, thank you AJ looking forward to it for doing a lot more with you Oh, yeah, for sure 100%. Thanks guys. Okay um, all right I'm gonna move on to jay's a I don't know if you're in here. Uh, we can turn the mic on for you. Um, this was actually, um There's kind of a thread going through here that I just kind of wanted to highlight on here This is something that we gave you feedback on this exact image before uh And also this was similar to Um, a trade that slow down went Over with shark blue. I think and then also shark blue. I recall either one or two other Uh pieces of content we went through and gave you feedback on um, and um Yeah, I wanted to comment on this. Oh, it was on trout actually not uh shark blue today um, and that is trading in the range uh, and This is you've got your poc line up here and uh, you know, you're you're making a trade decision within the poc like right at poc, uh, and Now this worked out for you and you had some nice trade management in here to take some off down at the bottom here, uh, and then You know not have it go against you here and and basically take a scratch back up here on the rest of it Uh, and uh, yeah nice, uh There's nothing no there's not much in here telling you Though that this really wants to move away. Uh, you have some selling down here. That's that's not bad Uh, but you know, it it there's still auctioning. They're still buying back up into these areas here Uh, and a lot of times like this is a magnet here. I mean, this is the most traded level So you're gonna get like, uh, I I had a a bank trader, uh describe these kinds of zones It was more off of trend lines way he was describing it, but he was calling it the bar room brawl area and uh, uh, this is where there's a lot of traders trading, uh, and back and forth and it's not there We it's just less likely we're going to get some sort of move away from those areas Until we see something more definitive Uh, just like what slowdown was talking about with with trout so, um You know, I if we're in ranges like this, um I think probably one of the better ones is just straight it back into the range uh, and The uh, and see if it can get on the other side of the range Now this one, you know, it worked out It was below the point of control and there's something to be said about that and there's volume accepting below the point of control Uh, and also you noted in here with your sweeps uh indicator So you were looking for that move and it and it did unfold. Uh, it's just, um Um Harder it's just harder trading and in my opinion and and that was that was my feedback on this kind of earlier um, and uh, we can take a look further uh, and uh, it you know, there's um themes in here, uh, so You know, you're you're still kind of looking at these same areas uh, and uh I like so here here was your, um Uh entry here, uh Uh long okay, so uh, uh, and you know, I can I can understand you're looking for the move back here And maybe take some off you take profit was up here Uh, you decided like whoa is starting to move against me. I'm out. Uh, and so you flipped uh And is there really enough in here in my mind there wasn't enough in here Uh for this to work out And then you basically have to sit through this whole thing Uh, and it can be really stressful Uh And it this is kind of a bigger picture approach or a point I'm trying to make is that Um, why put yourself in the stress? Uh, why trade in an area where you're not where is there's I'm not getting clarity and I know there's a lot of trading activity already Uh, it worked out And it you know worked out pretty pretty nicely for you.  It was on trouts. It was on shark blues as well, uh, so uh Anyway, I think the mic's on for you. So uh, why don't you take it away jay zay? All right. Yeah, thanks. Thanks for having me up. Yeah, I think the first one. Um, yeah, that was a while back I don't remember too well. It was in December Okay. Yeah, trying to market better so I know the dates and stuff. Um, but yeah Yeah, this one was only a few weeks ago. Yeah, I just saw that big gap so I was like I don't know just seemed weird to me So I was like I was just decided to take it short. But yeah, definitely kind of not a great location, but yeah, it had that kind of moved back up and then There's that, you know, big gap between between like 53 So thought that a stop above there was a good A good try. So but yeah, I think You know, it might be better But that that you know, I yeah, I didn't end up working out. But yeah, definitely Could look for a better entry like uh, the right at the edge of the uh The purple box That would have been the best probably Well, or or maybe just um, I mean, I don't have too much.  Uh, so um I believe it's up here, right? Yeah, right. Yeah, that that's what I try to do to look at the, you know, historical Yeah, to match my lower time frame. Yeah. Yeah, um and Uh, I don't know. I mean like what the the the clearest thing that I actually see is this here Uh, uh, they move into and then through this liquidity. It's almost like my I would kind of be looking to enter maybe even down here almost I know that it's been kind of hacking around or it's been slowly kind of dripping down now. It's ready to move Uh, and uh, I don't know if it if it continued on or not. Um I don't I don't know. I guess I don't have anything after that. Yeah. Okay. Okay. So, um, uh, yeah, any anyway, like, uh um, and and this kind of fits back into uh, also the range bound and then moving Uh, and it's not it's not criticism on on here on on your Your image it's more bigger picture of like in the ranges it can be Especially like the most traded uh areas can can be very difficult to um, kind of Understand, uh, what's what's going on in those areas? Uh, we had a couple of good examples That last example from aj Of exhaustion This is the kind of stuff that where you you can get gain an edge Start to understand exhaustion or absorption in specific areas and retests of areas And if you're not getting The you know the buyers to continue to lift it and the sellers are absorbing and then they Throw more on the offer at a lower area. These things are are how you can build an edge and trade those outside Areas of the range or the opposite if you're looking for a breakout. We covered that one as well but Those things are telling you or more telling and they might be easier instead of Entering in here and then having to sit and wait, you know for You know a long time for this to uh, you know finally start moving and then uh, I don't know. Anyway, that that was my Something I saw in here. I wanted to cover And go go over this with shark blue and trout and and others that are maybe trading in the range so I don't know if you have any other comments on that jay zay Yeah, yeah, that's that that makes sense. Yeah, I think Yeah, you're talking kind of about how the sellers and buyers kind of Want to interact so Yeah, I suppose Just kind of looking around And yeah looking more into that would be good. So thanks. Okay. Okay, great Uh Slow down anytime you want to you want to jump in and you have any comments. Uh, just uh, just jump in Uh, otherwise, uh, I'm going to move on to uh to alan And uh alan All right, so uh alan all of these charts is looks like the same chart copy and pasting over again Uh, that's a really good sign. Uh, you're on to something. Uh, you're looking for something very specific uh, and um Uh, you're trading the nq and it's a you know, this is is working really well You found the right kind of instrument with uh Your trading method. So I know you like your mean reversions and You're looking for a kind of reversal. Um off of a Some sharp selling here. So you got the move down. Here's your move away from an area back and You kind of covered it up in here, but I imagine there's probably quite a bit of selling in here And that's where you're saying. This is the trap right this little swing right here. It's kind of hard to see uh, but uh These things they just they just matter. I mean, this is what you're going to see on your footprint chart As ajay was saying is like there was a point in here. It was this point actually Um, and it's like if we get above that look out You know and you see buying pressure on the other side of that. It was in the footprint chart Right. This is what it looks like in book map. That's when you're looking for your squeeze Okay, and the the nq is really good for this uh, and uh I can't see too much of the other previous activity in here, but looking for the move back up to here um, or you know, maybe in in here 17 uh thousand, you know, you've got the um the figure here. You've also got your high volume node here Uh, take some off Not knowing what's going to happen at that point. Uh, but looking for that snap back Uh, and if I would start to look for a few things in here If you get more buying compared to this selling here Uh, you've got something probably pretty strong at that point Not only will it trade back up to here. You you'll probably get the move uh further Uh, and then you can really get some momentum back up above This area here and you can see it right here. Um, you know very very clearly here in this area So uh, good stuff. Uh, it sounds like or it looks like you've you're you know starting to Uh, hone your strategy, uh and looking at something very specific So, uh, allen let's uh open the mic for you and uh Guys, we only have like um, we don't have too much time. So we'll keep it at uh, Um, I don't know three or four minutes allen You hear me? Yes, there you are Yeah, so, uh Like these trades these these happen like all All day long like you've seen like like this morning. Actually there was like three or four sweeps and and uh sell sweeps like that I was up and like and it's put a second year down and then and then it just goes right back Usually right usually goes right back to the point where the selling the selling started.  There is no perfect way if you Like I I know I covered it up in the middle where it's just trap bears where the v starts but like Yeah, you would make more if you start at the total bottom But you want to make you want a little more confluence a little more for the trade on so I covered the green bubbles like real circle stuff Yeah, so those are like the the sellers that I mean the smart ones have the It's not it's not a death sentence if you're and along in this as long as you have um Stop at least stop you out and you keep some of your profit but then You got to go back in reverse Like it's like as soon as you see like like two or three nice nice size green bubbles It it's that that's it like it it Triggers the short squeeze and then get like, you know, it gives you the fuel to the fire to go up and like if you like If you could do like like let's just look Keep look at this look for this trade like this state like If you stay out of the market and just wait for sweeps or or um stop runs You'll see it happen over and over and over again. I I saw it happen. Maybe like 10 times today just same you know, this picture here is um Is a stop run but today they were like There were so many sweeps.  It's kind of like In late layman's term. So like people can just just see the basics, you know, you feel like they're like look like Look I don't remember ever seeing like uh Icebergs executed 50 50 50 I I was already smelling something, you know, but usually Usually I I prefer to go on the wait for where I usually prefer to wait for the sweep to come down because it's kind it's kind of hard to stored on on on the top of a range because you don't know if I might go a little bit higher or whatever But like when you get to the bottom and there's nothing underneath, that's it. Where does it go? I have to go back up so you just You know, you just I thought those Those icebergs is there even numbers were all hedges, but um Whether whether they are our hedges and our hedges They still were At least two undercontracts old, you know, right? We don't we don't have the true number. That's why I uh Is this what this does when I time and sale on it? I don't know. That's why I added time and sales Yeah, yeah, yeah Look, you see 60 you see that 60 that that's really like stuck up the and and like 100 you see like the lots and Huge lots the big 60 and 100 and 40s and 40s and let's say what was the biggest red? 10 that's it like like you're uh having a heavy weight, you know Heavyweight boxer fighting on a lightweight. But you can't see right See what's in front of you. Yeah This is this is what I I love it. You know, you're finding something that resonates with you uh, you're you're homing in on it, uh, and uh Looking into some of the details here, uh, and uh, you got something Uh, and just get better and better at it Yes, I I would all see you Not not me not me, but uh, uh, it was very modest Yeah, uh, uh, great stuff. Alan. I'm really happy to see you uh on on a And I want I want to I want to tell people like this is what you told told us In the back we's out of those 9 30 a.m. Beginner webinars and stuff uh And uh, we always remember there was a time that the es was like really crappy and wasn't moving and you said the nasdaq was easier And uh, I know every I know I know that you know since tom every felt shows uh, yes, and you show yes, and you're everyone everyone's 60s, but There's no reason to be scared of the nasdaq because like you said as follow through And you can like just pick up a quicker move like like the less time you're in the market The better you like you just get that quick move and get out with es a lot of times a rotate So if anyone's having like trouble trading Like or whatever I would like tell them like like try the m and q on the micros You can you can do some damage with the micros and and and see how different it is from the es You might like it better, you know, like That bit bit, you know, you told me uh, when you explained it to me to change it because es just all those rotations and hedging and It's used so many things like Yeah, that's not my little look Yeah of uh insight. Absolutely. In fact, I want to make a shout out to uh to crash uh f16 on this so, uh That's exactly what he's doing. He has found this market working really well for him Uh, and uh, he's not only looking at sweeps and stops He's got the market pulse tool. Uh, he's getting extreme readings on market pulse Uh, and then uh, it's it's this coincides exactly with what you're saying Uh, and then looking for the momentum on the other side to start driving Uh, so uh, and now um furthermore. I mean someone like crash has uh He's kind of wrapped a trade management, uh around that he starts to see that but now it's it's dangerous Uh, but uh, you know Down at the was dangerous to to buy at these low low levels after sweeps and and uh everything but uh Yeah, but that's what you asked. You you wait that's what I said. I wait Yeah, it's some nice. Yeah I agree The uh, the the thing though like about buying this. I should have covered it. No, um, let me just make this point I mean it's important uh because uh Uh with with crash for example, um He has his reasons though. Uh, he has um Several uh confluencies he's looking for those have to align if they don't he will not he will pass on it So, uh, it's it has to be there has to be that for it to Um offer him something because like you said this market moves, uh, and it will always do this Well at least it has always done this uh And uh, we look for something that is higher more likely. Um and uh, uh, anyway, uh, you guys are kind of like, um, you know doing the same thing, but uh, A little bit differently. Maybe you're looking for a little more. Um confirmation Uh, which is uh, really nice. Alan. I I like it. Yeah, so uh, Yeah, and I wanted to say to everyone that uh, you have to find the instrument Fits your personality like you could trade bonds, you know, if you're someone who likes less movie you trade dn or zb If you know if you like faster moving you to r2 either it's like I think I think a big problem is um Not a problem. I don't know how to word a bruise, but like everyone just sees es And they don't realize it's a whole world of futures out there that they can trade That might suit their personality better than es's decision. You know, I'm trying to say Yeah, absolutely. No. In fact, uh, scott pulsini and also, uh, uh, the algoboys gene Have said the same thing for a long time Uh, why is everyone trading the es like, uh, there are so many other markets to trade That might work better for you. Uh, so something to consider So, uh, let's let's move on. Uh, alan. Thank you. Uh, and uh, thank you bruce. I've got just one more and it's really not much On on slowdown. Um Oh, good lord. Did I not put it in here? No, I did put it in here. Never mind. Um, so, uh, okay here um, just, uh Here I can get rid of that. Sorry um Okay, it's just an image and I just wanted to make a comment in here about these this and just hit it home again this kind of clarity, uh, and uh Reversal like, uh, he's kind of um pre emptying me here a little bit. Uh, uh, the next pattern we're going to go over in the, um The book map, uh, lear learning center from the education button here at book map.com You know, we've only got right now continuation and momentum, uh type of strategy Uh, and uh, that's this flag pattern and just, you know, understanding those momentum because this is one of the easier ones Uh, and bang for your buck is is pretty incredible Uh on these momentum strategies, uh in continuation patterns. Uh, that's why we covered it and and uh, I have let this kind of sink in Uh reversals here are a lot more challenging. Uh, but you see the same types of things in here, uh, and um, Uh on the way down high liquidity getting filled getting filled getting filled Uh, and then we start to look at the the structure in here. It was broken Uh with uh, uh high volume here on the buy side Okay, but it's still rotating Uh, and uh sellers come in start to drive it lower into what A lot of buyers down here fail to get through all of them. Uh, and uh, we we see the move back in Uh, now we're getting a higher low Uh, and we're starting to make a little higher high. We're really watching this little area in here very very closely uh for the uh a continuation move or Move away from uh this area in here. So, um Now we don't know, uh, you know, it might do another rotation. Uh, that's how you get a head and shoulders pattern Uh, you know, here's the shoulder over here. We got one pushed down Uh, maybe there's enough selling and and this is something to understand in terms of rotations Uh, that uh, it this is this is why the you know, uh, wycoff for example, uh calls it, um distribution And accumulation they're battling in here We don't know who the victor is uh quite yet now we can look at the order flow We can look at the transactions and the market structure to gain insight Uh, and uh, and that that's where we're really looking for something, uh to help us uh and uh Starting to understand that the reversal in here like this high liquidity in here. Well, what if it bumped up here? What if you found big green dots up in here? Uh, now that's something completely different. Uh, and uh, that's telling us something right big green dots up in here high liquidity up underneath in here, uh after this move down, uh, and uh, You know, uh, you can see I just wanted to comment on this that you can see the progression here Uh, slow down. He's got his checklist and he's got this image And this kind of stuff in here burn it into your memory. You should know what your setups look like you should be experts in them and Like for alan I would I would suggest go back and what are these things? Make make a diagram a schematic of it And maybe that maybe that's helpful for you to help clarify put that on, you know Print it out put it on your paste it on your on your wall This is what you're looking for Right and there there's going to be lots of variations of that as well so Anyway guys, uh slow down. Uh, I I don't know. That's what my kind of commentary on this was but do you have anything you wanted to add or comment on? Um, no, I think you know, I think it's everything you said makes total sense. Um I will say that I think my personal progression as a trader and my ability to read in real time Really kind of took a step when I started drawing my own schematic And putting a checklist on it and kind of like putting it upon myself to really go through What I consider a pattern to be and so You know, I put a lot more time into making Those images and checklists than I do the actual screenshots. So a lot of my work is done on the back end Um, and then when it comes time to post my screenshots Most of my communication has kind of been done And I found that like just by going through that process of making them Um, it's really burned into my head what I'm currently looking for And giving me a lot more confidence actually trade it and then when I start slapping the Images I've made on top of the screenshots. I can also notice flaws Like where did this break? The structure I was looking for kind of the pros and cons We actually ended up having that exact same pattern that you have on your screen about 45 minutes later in the es today I added a screenshot to the chat, but it's basically repeats itself Um 45 minutes later and that ended up being the big reversal of the day so like You know, uh It's not about being right or wrong So like my my read and tracking of a potential You know, I was totally comfortable with and satisfied and then when it happened again, you know, uh You know a few minutes later. I was able to act on it So I ended up having a really good afternoon being able to recognize that structure And whether I trade it or not is one thing But it Definitely means I'm not getting short again When I start seeing that behavior whether I want to take it long, you know, is a different story But at this point it's been uh making those diagrams spending the time on them Creating those checklist has been like the quickest You know way to really improve my personal performance I recommend everybody who's interested in doing something like that does it and You know, if nothing else it'll force you to learn the behavior that you're looking for Yeah, great great stuff I'm gonna leave it at that give you the last word Guys, thank you very much for all all the great content. Thank you slowdown Jack for all of the Great coaching. So we'll see you next time guys And try to get to all your images, you know, there's a lot to do here, but Anyway, really appreciate it. And thanks slowdown for being on the mic with us today Thank you Bruce


The Grape Nuts Flakes Program coming to you from New York City where we are playing to an audience of men on leave from the armed services and starring Jack Benny. With Mary Livingston, Dennis Day Rochester, yours truly, Don Wilson, and our guest conductor, Benny Goodman. Friends, have you ever noticed how some folks just sleep through their breakfast? Well, they drift to the table, they nibble at nothing, and they float to the station. And then all of a sudden, about halfway to lunch, they're wide awake with that hungry, all gone sensation. Well, here's what to do about that situation. You just bring on a breakfast that stars malty, rich, toasty brown Grape Nuts Flakes.  For Grape Nuts Flakes bring you a wide awake goodness, a flavor that teases your taste. That's because it's an outstanding, rich, two grain blend of sun-ripened wheat and malted barley combined in a very special way. So don't rely on the alarm clock and don't resort to icy showers. Eat up and wake up with delicious, malty, rich Grape Nuts Flakes. This is Jack Benny talking. And, Don, what do you mean the Bob Hope of the Grape Nuts Flakes Program? I don't get it. Well, after all, Jack, there are a lot of similarities between you and Bob Hope, aren't there Mary? Of course there are. Oh yeah, name one. Well, for one thing, he's on the radio and you're on the radio. True, true.  Yes. And Hope started in Vaudeville and you started in Vaudeville. That's right. And Hope makes pictures at Paramount and Paramount kicked you out. True. Now wait a minute. I wasn't thrown out of Paramount. Then why did you leave? I asked them to put a shower in my dressing room. They punched holes in the roof. It didn't rain for 40 days, so I quit. Anyway, I made some swell pictures at Paramount, especially my last one, for whom the bell tolls. Oh, now hold on, Jack. Gary Cooper plays the lead and for whom the bell tolls. Well, he might play the lead, but that bell doesn't ring by itself, brother. I'm the guy. Listen, Don, I'm the guy that pulls that rope. They had a rope at Paramount. They'd hung you a long time ago. Oh, what are you talking about? Say, Mr. Benny, I took your violin over to get a new bridge. Oh, hello. Hello, Dennis. Hello.  What did you say, Dennis? I said I took your violin over to get a new bridge put on it like you told me to. Oh, a new bridge on my violin, eh? How does it look? Well, I think the man over did it a little. There's water running under it. Water under the bridge? Let's see that violin. Well, I'll be darned. There is at that. Putting in the goldfish was my idea. Well, that's a fine fix you put me in. Now I'll have to use another fiddle for my performance tonight. You see, fellas, my agent booked me as the guest violinist on a program later this evening. Well, that's very interesting. What program is it? I say, why don't you have to play the fiddle? It must be a short-wave broadcast to Tokyo. It is not. It's a coast-to-coast hookup. And as long as I've got that water under the bridge, I'm going to play the blue danube. And for a finish, you can eat the goldfish. Just tune in to Fred Allen, sister. I'll do all right. I think Mr. Benny is one of the finest violinists I ever heard. Thanks, Dennis. I've got a job, and I'm going to keep it by golly. All right, kid, you gave me a beautiful compliment. Don't spoil it. Now it's about time for your song, so let's have it. Okay. Same as Mr. Benny. I'll probably get plugged for this. But when I got my check this week, there was something wrong with it. What do you mean there was something wrong with it? Well, I'll probably get plugged for this. Stop saying that. What was wrong with your check?  What was that for? Oh, well, I'm glad you asked me that, kid. I've been meaning to explain it to you. Mary and Don, you might as well listen to this, too. Since January 1st, 5% of all salaries have been paid. 5% of all salaries and wages have been withheld at the source. This has been officially designated as the victory tag. Oh, I get it. You deduct the money from our salaries and send it to Washington. Exactly. Is that clear to you, Dennis? Well, I'll probably get plugged for this. Will you stop saying that? Well, how do I know you turned this money into the government? I have to turn it in. That's the idea of it. And here's another important point for everybody. Patriotic Americans will not let this new and necessary tax interfere in any way with the commitments they have made for the regular purchase of war bonds. In Canada, folks should buy victory bonds and war-saving stamps. And now, Dennis, let's have your song. It becomes you sung by Dennis Day, our own Irish Bluebird. And very good, Dennis. Irish Bluebird? Green is the color for the Irish, Mr. Benny. I know, I know. You know now. Oh, he did know. But if you want to be so technical, kid, you're an Irishman that's been out in the cold.  That makes you a bluebird. Well, speaking of birds, Jack, I have a very clever message which involves our feathered friends. Would you like to hear it? Why? I mean, why surely, Don? Go ahead. Now, see how many different birds you can pick out. Different birds? Okay. Ladies and gentlemen, you can always sparrow enough money for great nuts flakes as they are very pheasant and easy to swallow. Well, they're sparrow, pheasant and swallow. Go ahead.  Well, they're gull and eagle. Peacock they contain. Peacock! They contain iron, niacin, and vitamin B1. Well, that's very good, Don. Yes, considering I have a cold, cockatoo. And down at was swell, I thrush everybody enjoyed it. Hey, I, uh, I got a bird in there, too. Here comes another one right from the Bronx. Mary. And now, fellas, if you'll excuse me, I think I'll let you handle the rest of the program. I want to drop over and see Phil Baker at the hospital. Phil Baker? Oh, yes, I missed him on his program. I've seen the hospital before. Well, Phil went to the doctor to have his appendix examined. That's right. So he asked the doctor to take it or leave it, and he took it. Well, I don't know if that's exactly the way it happened, but he had his appendix out and he's a pretty sick guy. Well, if he's so sick, this is no time to try and collect that $64. You didn't win when you were on his program. Listen, Mary, technically, I did win. He didn't pay me, that's all. Well, I'll probably get slugged for this. There he goes again. I'll probably get slugged for this, but I don't understand what you're talking about. Look, kid, a few weeks ago, Phil Baker beat me out of $64. That I have to see. Well, he did. Now, wait a minute, Jack. I heard the program you were on, and when Phil asked you the $64 question, you gave the wrong answer. I gave the right answer. Phil asked me if I could name 37 composers who tried to finish Schubert's unfinished symphony, and I said no, I couldn't. That's the right answer. I'm going to the hospital now, straighten this thing out with Baker. Well, you'll never catch him when he's weaker. That's a point in my favor. Can I come along with you, Mr. Benny? What do you want to go to the hospital for? Well, maybe Mr. Baker has a beautiful nurse and I'll fall madly in love with her and ask her to marry me until she'll turn me down and I'll commit suicide. What an imagination. Well, I'll like you can come with me, kid. Now, where's Benny Goodman? Right here, Jack. Say, Jack, have you seen my clarinet?  Benny, have you got a nice hot tune prepared for us? Yeah, I'm going to play one of the numbers I'm doing at the Paramount Theater this week.   Well, at least my headband doesn't say movie star in it like yours does.  Do you happen to know where he is? Who? Rochester. Oh, that's randomized. Yes. Where's he been? That boy loves you, Mr. Benny. I know, I know, you said that random.  His typewriter? What does he need a typewriter for? Doesn't he write your program? Harvest or whatever your name is, tell that boy that loves me to be at my hotel tomorrow morning at 9 o'clock. Okay. Goodbye, Mr. Benny. Goodbye.  Fine chance he had to fool me. Come on, Dennis, let's go. Wait a minute. I'm going with you. All right, come on. Play, Benny. Bill Baker's in the Northwest Side Hospital on 83rd Street. Oh.  I love those nightclubs. You haven't been to a nightclub since the time you drank champagne out of Lillian Russell's clipper. She had a small shoe, but I got loaded. Hey, hey, driver, step on it, will ya? Your wish is my command. Well, well, polite fellow, isn't he? Can't understand why Baker's still in bed. Well, the operation was only two weeks ago. Look, when I had my tonsils taken out, I went home the next day. You never left the house. Rochester took them out with a can opener. We use regular instruments. Gee whiz, Mr. Benny, did Rochester really take your tonsils out? There was nothing to it. Snip, snip. Driver, a little faster, please. We want to get there. It is yours to request. Mine to obey. Mine isn't any formal, huh? Hey, Jack, can't we stop at this little restaurant up here and get something to eat? I'm starving. Me too. We can eat at the hospital. Baker's room will be full of fruit and candy and nothing. Hey, driver, that's the hospital right ahead, isn't it? It is mine to drive, yours to point out. No, stop. This is it, all right. Well, here we are. How much are we, driver? That'll be 65 cents or $1, including tip. Wait a minute. What makes you think I'm going to give you a 35-cent tip? It is mine to dream, yours to disillusion. Well, just for that, here's a dollar. Goodbye, driver. Goodbye. If you like me, tell your friend. If not, not. Here's the main entrance. Let's go in. She's a beautiful hospital.   That echo again. He's got a cold tonight. I'm Jack Benny. I'm Jack Benny. You try it, Dennis. I'm Dennis Day. I'm Dennis Day. Now you, Mary. I'm Mary Livingston. With a cold like this, I got to do a dame. The information desk, I'll find out where to go. Say, miss. Yes, sir. Can you tell me what room Mr. Phil Baker's in? I'm Jack Benny. So I see, but you happen. Oh, yes. Now what's Phil Baker's room number? He's on the fourth floor.  Here's the elevator. Oh, yeah. Rochester. Yeah, he does it there. What's your name, buddy? Brown. I'll be darned. Thank you to that boy. Say, random. Do you know a fellow named Rochester? That boy really loves you, Mr. Bennett. He knows me. That boy. Boy. I would tell me amazing. I swear it was Rochester. Camp? I can't get over. Now, let's see. Where's Phil's room? It must be down this corridor. Oh, yes. Dr. Jones, they just found the glass. I guess this is Phil Baker's room here with the star on the door. Boy, is he hammy. Now, Jack, for heaven's sake, don't mention the $64 right away. Don't worry. I know how to handle it. Well, hello, Phil. Oh, kids. Glad you dropped in. How do you feel? Well, I'll probably get slugged for this, but I feel fine. How do I slug you? I just came up to see how you were getting along. Wish you luck and talk over a little matter of $64. Well, that's sweet of you, Jack. But I don't need any money. Well, you see, Phil, I was talking to my lawyer last week, and he thinks I have a pretty good case. Did you make up like you fell in the subway again? I thought you gave up that racket. I'm not suing the subway. Now, look, Phil. You owe me $64, and I want it right now. Now, come on, hand it over. Jack, will you please take your knee out of my incision? Oh, pardon me.  Get it? On your program, you'll be sorry. Oh, Jack, be more subtle. Suckle-schmuckle. I want my money. Now, Phil. Pardon me, Mr. Baker. Did I give you three little white pills about an hour ago? Yes, you did. Who's that? That's Miss Stewart, my nurse. She's awfully absent-minded. Yeah, she seems to be, yeah? Yesterday, she poured alcohol on my pancakes and rubbed my back with maple syrup. Alcohol on pancakes? I was so cocky I fell out of bed four times. Well, that's awful. She really is absent-minded. This morning, she gave me a shot in the arm with a fountain pen. A fountain pen? Ever shot. You remember. Now, listen, Phil, speaking of $64. Who's speaking of $64?  Now, the least you can do is give me another chance and another question. Okay, answer this one for $64. Shoot. Who's the cheapest guy in the world? I am. Now, give me that $64. That's wrong, because I am. I'm not going to pay it. Here, Phil Baker. Let me by doctor. Come in. Well, well, how's my patient today? What are you doing out of bed, you bad boy? Patient, that's Baker. I'm right there. Oh, well, you look sicker than he does. You've got to admit that. I admit nothing. Say, Doc, can I get up today? I've got my own program to do. Well, I have to check on that.  My, my, they're healing up fine. Wait a minute, Doc, you took out my appendix, not my tonsils. Who was under that ether? You or me? Wait a minute. You mean to say you took out his tonsils and his appendix? Yeah, that's a special. I was running last week. I sold the appendix on a tour through Radio City 1250. Ah, that's good value. Now, uh, Mr. Baker, what you need is a little medicine. Take this pill and you'll feel fine. Okay. Well, where's the pill? It's right here, but I can't seem to get it off my finger. That's a wart. The pill's in the other hand. Oh, yes. Well, here you are. There. Good night, Mr. Baker. Sleep tight. Wait a minute, Doc. What kind of a pill was that you gave him? A strong sedative. He'll be in Dreamland in sight of a minute. Dreamland? I gotta work fast. Now, Phil, come and play. Oh, Jack, let him alone. Phil needs rest. Well, he's going to sleep. But I need that $64.  Phil, listen to me. What do you want, nurse? I'm not your nurse. I'm Betty. Now, listen, Baker, my lawyer said that when I was on your program, I want $64. Now, I want that money right now. Kiss me good night, Miss Stewart. I'm not Miss Stewart.  Now, give me that check I filled out, Dennis. Here you are. You didn't take a pill. Wake up.  Baker, listen to me. Wake up. It's just grape nut flakes.  In fact, two big reasons. First, it's that malty-rich flavor, the popular flavor of grape nuts in delicious toasty plate warm. Second, it's that grand nourishment for grape nut flakes or a whole grain cereal bringing you important food factors found in the natural whole wheat plus extra vitamin B1. Food badges recommended as a part of your daily diet by our National Nutrition Program. So join the swing to better bike routes. Serve delicious, nutritious grape nut flakes America's fastest growing bike with cereal. That was the last number of the 15th program of the new grape nut flakes series. And we'll be with you again next Sunday night at the same time. And I'm very happy to announce that Bill Baker is feeling much better and will return to his own program this evening. Here's one for your memory books, friends. Note this name. Hot Grape Nut Sweet Meal. Hot cereal member of the popular grape nut family. Extra delicious, extra nutritious. It cooks extra fast. You'll smack your lips over its roasted wheat goodness. You'll relish that glorious full-bodied texture. Chalk full of important whole grain food values stepped up with added vitamin B. You got that name? Hot Grape Nut Sweet Meal. This program came to you from New York. This is the National Broadcasting Company.