Good morning traders and welcome to the all markets webinar. This is Bruce at book map Sorry for being a bit late in here on another call that ran over and Couldn't not get out of it on another anyway So let's just jump in right away and see what's going on in here We'll go through the disclosure in just a minute looking at the order flow immediately in here Kind of interesting order flow You can see the cash open and this kind of move quick move up Pulls right back into the range and retest though The the open basically and then now we're back up again, and let's read what's happening here So is this the kind of a breakout we're looking for well to me Looking at all of this volume in here and and reading this in here This is a pretty strong move here on the buy side and we're still seeing some buyers up here So yeah, I would look for this to break now I just don't think it's high probability though and Still though, we're gonna go through and and give our our assessment based on what we do know And there is volume building here on the buy side. It is auctioning up here So we are looking for this to break now That said we've seen this so many times You might just get a peek above here and then it slams right back down into like these ranges in here and some of these swings and then maybe even further down and then it climbs all the way back up and then breaks out All right, so this is we're not looking for this to break out immediately basically And if if you do look for that breakout trade and it starts to look pretty good for you Then it would be very very tight stop because you're you're really not looking for Like this really strong move up into like, you know 66 or 70 or you know something like that At this time, so there's liquidity up there at 66 and 70 But and you know, I mean, that's what we read right now But just based off of all of this in here We could see this move back down. That's what I'm trying to say now all of this said Note that this is rollover period. Okay, we mentioned this on Friday. Good morning. Now Louise and The you can see it here in the S&P now. I'm actually on the H contract here All right now. I just for those of you Who aren't familiar with The futures rollover You know, please just bear with me for for a moment here This is the Z contract here. It actually has more volume trading on the Z contract still But look at the liquidity heat map in here. Okay, so note how it looks pretty odd You know, you can see all of this liquidity. That's very close to the market This is because of the condition of the rollover period larger players are rolling from one contract to the next and We can see that from the Z to the H contract now this is a quarterly contract is different than gold or crude oil or Coffee or wheat or whatever it might be that you're your trip other markets that you're trading so Anyway, the this is a kind of a difficult time to trade So keep that in mind When you're looking at some of the order flow in here is difficult because The participants behavior is different a lot of players are Going from one contract of the the December contract into the March contract So that behavior is different and you can see it in the in the order flow very clearly All right, so that you know, just just be aware of it Maybe you're hedging or maybe you're looking at some You know swaps or something between front and back months. That's great. Fine. This is a great period for for that so it's something to to look into if this is a dead period for you, but Anyway, our job in here is to read the order flow and look for some sort of edge within the on the market here, so Let's see here All right Yeah, so we can see it just kind of peeked above and and we're back into the range here and yeah, just Not not really sure what what to think of it right now not really getting much of a read So maybe the sellers come in and we we come back down to not only this swing here Maybe down into this swing or down here 5760 somewhere around there So I just kind of back and forth at the moment All right, so we did get a little break above and then back in the range now So yeah, please just be aware of this if it looks really really good. That's something else. It was looking just Okay, and We leave it at that Let's jump into the higher time frame here and take a look and what's going on So daily over here on the left in the candlesticks the in the middle We have the one hour and then the 15 minute on the right. Okay, so you can see the the daily chart here just We see the move on Friday in the in the breakout and close above on all of this Previous range in here. This is bullish. No doubt and We can see that here. We're just testing those highs and Are we gonna, you know break above? And and continue on I mean this has been extremely bullish here Looking at this chart on the on the daily and we know we had a lot of fundamental news in here So that's what's been been driving this market. So Anyway, you can see that like last week a different fundamental news We did have the non-farm in the move up here on Friday So looking at the hourly in here, you can see it's pretty choppy in here And a lot of back-and-forth gaps, etc. And but this is where we're hanging out up here above And near these near these highs 15 minute chart. There was a small gap. You can see here. This is the regular trading session It's filled that gap and then some has come back up into these this kind of previous a Cluster up here and you can see a bit of a pullback at the moment Okay, but it looks like there's a bit of momentum here on this 15 minute chart You can see the last three candles here Well, there's pretty big wicks on it, but they're they're all green And they've been going to and making higher highs in here So some some back-and-forth, but it is all green. Alright, so That's why it kind of matches what we were talking about here in the order flow as well that we're looking for maybe a slightly Move higher in here Looking at this strong move in here After the open and really really choppy in the open here up. It's down. It's down. It's back up And then we have this move to the downside and then move right back up. This is the stronger move here And we can see for at least for this regular trading session here Okay, so here's our pullback now. Do we see the buyers come back in? Okay, boy, I'm not seeing much at all at the moment. So nothing nothing doing Let me jump back in here and take a look at chat Okay, so a KP I checked it earlier this morning On the Z contract versus the H. So it looks like it's probably rolled here. Let's take a quick look on CME You know, it's a really funny thing it is I just I'm rather fascinated by it see here So you can see that they've actually Signified here from the CME group website That they're this is the current Contract the H contract but let's let's scroll down though and look at the details here. Okay, so here's our December contract. Here's our March contract and yeah, to me it still looks like there is More volume on the on the December contract. It's up to you guys whatever You know, you feel comfortable with if you wait for the volumes to roll if you wait for the open interest to roll Well, that has rolled already and you can see that right here Hey, you can see negative four hundred and five thousand here and then with a positive four hundred and sixty thousand In the new March contract. So this is new open interest here. Okay Well, this is the change in open interest. I should say All right, so Yeah, it I'll be honest like I just go with whatever I Can read better in the heat map Ah many times in the past it has been the previous month contract or quarter contract This one though does not look very good to me. So I'm going with the March contract right, this looks cleaner to me and Gives me more insight and that's it as simple as that Okay, so I know a lot of other traders like they don't want to trade old Open interest they're interested in trading the new open interest So it depends on or some a lot of other traders. They just wait for the volume to roll over All right, so whatever whatever floats your boat basically Yeah, thanks Rob so you can see that the contrast there between the two Yeah, good one So if you guys want to come over to the discord channel, you can see it in here Rob just posted this here Here's the Z and here's the H right here. Okay. All right. Well, yeah, nothing shaken still This was looking pretty decent. I think when we started this webinar. It was looking pretty good For this move higher into 66 and 70 but we're you know due to the things we mentioned where we weren't quite looking for that and Thinking that you know Due to not only the volume and the order flow, but also being rollover We're not looking for that that strong breakout move right now Just to maybe a peek above and then maybe the move back in and then here's another move above and look at this It's horrible. It's selling up here a very little buying up here. It's a double top as well It tried twice three times in fact maybe more and Nothing No, no buyers in here That's where we look for the sellers to come in and then to drive it back down into these areas here Hey, so we do see that is at least driven it down into this little Nook right here. These are these are things that we mentioned Past several webinars of these Like this is kind of a mini flag pattern right in here and I again cringe to call it that It is it more of a strong move And now relative to this small little area in here And then kind of a pause and then another move And so that's what we're looking at now It's not relatively in this little area in here. It's this the stronger move In the bigger picture though, it is nothing. Okay, so just keep that in mind Okay, so let's see here. Yeah a little back and forth in here Still kind of looking for sellers to to trade back down to this swing here And I was kind of surprised to see this little move here by the buyers But because of this exhaustion up here, this is what And also you can see high liquidity in here stays in the order book and fills And this is where we get the insight and because you can see these algos that are away from the market by a point or two and Once they see some sort of advantage or someone comes in and just places liquidity and gets filled That's where we can get some insight. What is the market doing after this transaction here? Okay, so you can see a little bit of buying in here pull back and look at the buying up here It's horrible. All right, we would look for sellers to come in and try to trade it back down to here or here Okay, so That's what we're looking for basically All right You know one thing I want to mention in here about the Some of these moves and expectations is the Measured moves that we we've talked about many times in the past and There's reasons why these measured moves take place in in this in the market structure But I like them. It also gives you a good area to line up your liquidity Or your areas where the market can transact and we've always looked at these little kind of, you know pauses in the market or where the Market initiated the strong move Hey, or yeah, even this could be a smaller strong move in here in the move back to here Hey, so you can see we got that move to here just below the swing and then the move back up Now let's just do a measured move on this We can just kind of gauge and And and have expectations that are more in line with what Might unfold Hey, this is our measured move here Hey, well, maybe that's even a little too much Let's just Take it from here. In fact Hey, now this is where you look up your books and they say like, you know, you draw the neckline And you're looking for this or whatever And I don't know how much truth there is to all of that, but there are reasons why you do get these kinds of moves Because those that are involved in the market from this point on are going to feel the pressure They get they they'll get retested and are they going to support? Price are they going to be buying here in some of these areas, right? So This is something to take a look at and and integrate into your studies Because if you do see something like the sellers starting to come in and looking for them to break the range You know, these can be areas to consider managing your trade. Okay, in this case, it worked out pretty well Right before it moved back up. Okay. Now is We're just talking about market structure here Right, but this is something to integrate or consider integrating within your plan It just makes good sense so for example a lot of times you'll see a break Outside of a range and then all the way back to the other side of the range. Okay, like this one did as well Okay, so Here not a bad place to manage your trade Okay, so this move has unfolded all the way back down to the bottom of the range So anyway, just consider some of these things and What I'm getting at in here is Pretty powerful idea about Not just managing your your risk but of getting out of trades or placing your stops or whatever it might be but also for Legging in to your trade. So for example, let's suppose that you study this this kind of pattern up in here And you're looking for a criteria of like here's exhaustion on the retest back up here You're looking for your sellers in here. You're looking for a break of that And you start to see that mountain. You're already in maybe here. Let's suppose Okay, or maybe even drew like a micro trend line. You're in up here or something like this It's not my style quite, but maybe that's something you're looking at if it is and You're already in and you start to see more selling coming in here You can leverage that You can scale into that trade and then be aggressive take some out down at your areas here Okay, you're not trying to hit a home run, but you're looking for a higher probability And this is something that us as retail traders Can really utilize this is one of our our assets Is to be able to get in and get out very very quickly When we look for something to unfold that is high higher probability Okay, so when you do see that this is this is where day trading has its edge anyway For those of you who are Rather new to book map and new to maybe trading then I would Suggest looking into some of these moves to just look for hitting a single and play in managing your risk because You want to build confidence first and by being able to get some points and See this happen frequently Then you can start to build your edge from it once you've built that confidence And you have some numbers behind what you're looking for then you can then you can think about the scaling And then you can really leverage this and this is this is a big edge Whereas that would be and you know harder on Potentially on the higher time frames where you just don't know Anyway, I just wanted to cover that. Let me know if you have any questions on that Let me look over at YouTube. Okay, nothing going on over there No questions All right see What else do we have on the agenda today Yeah, I guess what we can go over is the Here's it here's a potential range bound trade in here So what are we looking for in the order flow here? Hey, well on the bid here We're getting some buyers in here Hey, so can the buyers lift it to here? And around this 60. Well, we're almost there Hey, and then maybe they can lift it up to here as well 63 Okay, so there there is the 61 and three quarters This swing here and you could have gotten filled on that And reduce some risk, but you're still looking for a bigger move Up to about this 63 or maybe even 65 It's happening pretty quickly here, but this is this is order flow You know, we look for these little opportunities and I have to have to jump in quickly And now this is a range bound trade And and we are going with the stronger move though, and that's one of the benefits here stronger move is here Pullback was below the swing down to this swing just about And and then we see the buying starting to come in here And so you could have reduced some risk for a point and a half or a couple points or look for this But the 63 swing here or maybe you're still looking for the high The high is I like this idea. I mean we've seen this so many times this move here that really kind of Shakes everybody out and then it's a buying opportunity And then if we had a strong auction up in here Okay, which we did up here and in here stronger option in here Then we can look for the potential breakout up into 66 or even higher 70. Okay, so something to consider and You're going with the trend And that's really the an easier trade is when you're going with the trend Okay, so one of the things to look for in what we were just talking about in this potential setup here Is that we were well we were looking for the breakout Potentially, but we noted that you know roll over Not really seeing the volume that we're looking for we're looking for pullbacks and then maybe the move right back up here Hey Just like this and then the breakout Right, so based on our higher time frames in here, you know this daily especially The the hourly looks pretty good too the 15-minute chart. Yeah, it's not as good, but I Can see this this candle here It's not it's not bad And then the order flow in here well They got filled in here slows that's gonna slow it down a little bit But let's see if there's support on the bid in here and we still get some aggressive buyers here for that move higher Okay, it is building here. So is more likely we will get this move up into 66 now This is a great pattern to take a look at We've seen it so many times But the market tries it tries it tries it can't make it Well, you can even take the countertrend trade and then look for the move back up into it. Okay, so far so good Still looking for buyers looking for 66 and well that was rather short-lived Still still has the potential here Let's see if we get our buyers right in this area here, or maybe this right here else Else we'd be looking for sellers below this area right in here and then back to the bottom of the range Here we go come the sellers Well Got up to 65. That was it Did not get to 66 Anyway guys like I wanted to go through like we'll clear the drawings here for a minute Um a Few different things to consider here Hey, so You may have seen and slow down you may not have seen this all already I'm not sure. We have this new tool in here that development was kind enough to make for us Was this setups checklist Hey, so this one here is based off of the flag pattern that we put together in the learning center so if you guys go to bookmap.com and then you go to The more button here and you go to the learning center under resources You will find This strategies and setups course here. Okay. We only have one right now. We will have a few more end of the month It's just a continuation pattern really it's kind of a strong move pullback strong move pattern flag basically And we go through The criteria what to look for. Okay. Here's the diagram Here is the what it looks like in bookmap and then here's your checklist This checklist that is within this video here on execution Is the checklist that is listed here in the setups checklist Add on here and you guys have access to this for free right also all bookmap subscribers have access to this It's a great tool to keep you out of trouble and look for higher probability trades now That said I just want to mention this as some of you were asking me questions about it It's like well, this is great, but can I put in my own criteria? Absolutely Import it here. It's it's based off of a comma separated values So put together a spreadsheet or just you know in a text file with commas separating Whatever it is text that you want then import it And it'll it'll it'll pop and pop up in here And then you can enable it and you can grade it based on one to ten in here All right, so You have a lot of flexibility with it and you can modify it. You can use the default here Let me show you what I mean here. So for example, let's just open up a Txt file Okay, and we can say strong move and let's just say strong volume and strong angle or high angle and then shallow pullback low volume and Then we can input the strong move again strong volume strong initial volume how about that and that will save this Okay, and then we'll import Where's my test should be able to import it? Mmm, okay, maybe I did this wrong. Oh, I need to save it as a CSV All right, can I save it as CSV like this? It only it only imports this okay.  Okay, so that's that's the point here So, let me let me find it again here and Put it into a Excel file quickly Sorry about this guys just just bear with me for a minute here Because I just think you'll find this so helpful It's a it's a great tool to in engage you and keep you True to your plan Okay, so whatever your plan might be you have the flexibility to do this now There we go. Okay, so I did have to put in an Excel file You can use your Google sheets and export it though. Here you go, right? So we can go through this and start to grade them as well. All right So let's let's take a look in here. So We had our pullback here. Okay, we were kind of looking for that we can collapse this here and This was our little breakout in here and then the sellers came right back in right back down to bottom of the range in here Yet, we're still finding buyers here. Okay, so a leg one here now. How strong is this move pretty good? They're curling back in already. So yeah, now do if we get buyers in here based off of our criteria Here we're looking for the move back up to about here sixty four and a half or sixty five something like that Hey So what's this angle look like? Yeah. Well, it's strong enough for this time frame that we're looking for Give it an eight a strong volume not bad for this time frame. We'll give this maybe a seven. I guess High angle. Yep. That looks great. We'll give it an eight or a nine A shallow pullback. Yep, that looks good, too. Okay, so we'll give that like Maybe a nine low volume on the pullback. Yeah, there's one big spike here, but most of this volume in here is Bind so we'll give that maybe a seven and then a strong initial move again Well, we just started to see that come in here and we're getting it again now. Okay, so here we go We'll give that maybe like an an eight and then we it averages our scores here and it gives us our average score So best if an eight or higher if it meets your criteria. Now, this is I just made this up on the fly I haven't studied this But it met the criteria in here if this is good enough for you to take the trade and number eight On the average then you would be in it in here And you'd probably be looking for reducing some risk up here around this 64 or 5 area Okay, so there you go. All right, so that's how you can use this tool very very quick easy And and there there's your move. Okay.  I'm looking for that strong move and then I'm looking for taking some profit Just partial profit and holding for a runner move your stop to break even or move your stop to just about here below The this little swing right here. Okay, so around 63 and a half or 63 and a quarter All right, so There's a criteria someone had asked on one of the Webinars are commented. That's great going through market structure and and what you're talking about and and understanding how these markets work How do you get in? Well, here you go? and this this is a this one doesn't have entry in here, but the the you're looking for that Strong initial volume to come in again. Hey, if you get that, that's your entry point Okay, so I hope that helps you guys and I hope you Are using this tool. It'll keep you on the path Right instead of making stuff up. It'll it'll force you to grade this and and look for your criteria It's such a simple thing, but it can be just so so helpful Alright, let me let me answer some questions in here guys. So hold on a minute Slow down love having you back. It's just great Okay, and this is just as important slow down why a trade failed exactly You know and and this is something we're gonna put into this We will we'll get to it. Once we start to You know create some of these other strategies in the in the learning center will also come up with failed patterns They what happened? That'll be important to have in here. So you can see this is there's like four video or basically three videos that cover this this continuation pattern here and Then you have some resources in here too. You can go through a checklist Here this opens up exactly the same Checklists that we have that in that new tool the We have this download practice file here. That's based off of exactly the This this day here, okay, so you can load it in replay mode and play it And then you have insights here that you go to a book map insights and look at a bunch of different things in here other Users a User-generated content in here Okay See here any other questions Yeah, we're gonna get even better at this slow down I see that yes, you've already got your own criteria in there. This is just excellent so love it, you know alignment with context outside edge alignment stops and You know, we're gonna be able to I'm hoping have Kind of a different UI here that might have some tabs So you can have multiple setup your multiple setups in here So if you see your setup that you're looking for just click on the tab and then you know You can import export another one. It'll it'll look, you know, kind of basically like Like the tabs up here for different instruments except there will be your setups that you're looking for Okay, so, you know here we noted this in real time And we're looking for taking some off up around the 65 area Okay, and we're just looking for that now We mentioned that You can hold for a runner because ultimately we're looking for our 66 and our 70 level But, you know, we're just talking about hitting singles here And you know, we're looking for getting in somewhere down in here and taking it up to the top of the range And taking some off Okay, it's a rollover period. We had our criteria for that trade management We also did mention when the webinar started we're looking for That that potential move into 66 and 70 Okay, so what playing out playing out pretty nicely here All right, so a lot of considerations in here to put into your your trading plan All right, let me know if there's any questions in here, especially you youtubers out there Because this was some of the comments that we were getting Where do you get in? Well, you know, we're covering it. Okay, and And now again, it's these aren't trade recommendations though You need to go back and study this these are the concepts For the starting point for you to study That's really important so Because you need to develop it you need to know that you have an edge Once you know you have an edge like the the world's your oyster Basically, then it's just down to trade management And that's that's a big one too though, like, you know, you have to know that And follow your trade management. I mean Otherwise you can take a beautiful setup and lose money on it and that's that's like that's criminal You know, that's why we have this This tool in here such a simple tool as well, I mean that development It just took them a you know, I Requested this in a few days later. I got this back fantastic, so any anyway It's But it can keep you on track Liquity marker is free as well. Yep Yep, exactly. Thanks, Eloise. Eloise. You're doing a heck of a job over there really All you guys are Rob as well, Eloise you're Your knowledge of the product is very very high. It's it's really nice Thank you Yeah, you're you're basically like You know at the level of you know our support team as well So, yeah, we're really wonderful having you on the team You too Rob and thanks guys for helping out around YouTube here Furthermore Talk about the team guys if you're interested in this this is something like it's been kind of slow in building But we're getting there and it's gonna we're gonna really ramp up in the new year And that is the bookmap Academy. Okay, so I just showed you this learning center and You know going through strategies and setups. Well, that's the foundation Plus your own setups or whatever it is that you look at and you mark up in your charts Then we have this bookmap Academy here.  We will take a look at it and we will give you feedback If you want this service you need to sign up for the Academy Hey, now you go through this Academy in here because You should know what you're getting involved in it's all free And this is a win-win for everybody in here This bookmap Junior Academy is where you will start and you will start by applying for it if you make good content quality and quantity Then you will be invited to the bookmap Junior Academy and then then the test begins Hey for a month you will create content And then we will evaluate it and if it meets the criteria that we're looking for of quality and quantity which is one Screenshot per day marked up. Hey, but it has to be quality. I know that's a little subjective, but we're looking for You know you Putting the effort in and it's easy to tell And you're getting something out of it and learning and and you're you're growing as a trader And you get there then you can be invited into the bookmap Academy here It's by invitation after you crap you pass the bookmap Junior Academy And then once you're in here You continue to do the same thing But you can get bookmap for free If you double your quantity in here you can get the MBO bundle for free or Other add-ons for free. This is a heck of a deal here and You're gonna become a better trader. Why wouldn't you want to do this? It just makes total sense. In fact We're also offering this together with the bookmap blue jacket competition so Join the join and Sign up for the competition as well If you do then you might win bookmap for three months as you're going through the process in here And so why wouldn't you you're gonna be documenting your trades anyway? So why not get credit for it in the Academy? now some of our Traders in here. I've already gone through the bookmap Academy and they're on now to the third step in here Which is coaching? Okay slow down is one of them Jack is another and Stan is another one as well They are giving feedback and turning around and giving feedback to these guys In the Junior Academy helping them You know get a leg up here And then the next step after being a coach, which you'll get data for free. Hey if You Make it to the coaching level so you get bookmap and data for free. Hey you continue to meet your criteria though And then the last step here. Well is a bookmap Academy streamer Or you can take it even further. Maybe you join the bookmap team all together but This is the the last step in the Academy at least where you can Get additional incentives here and You'll be streaming You know within our calendar. Okay, so let me show you that It's here If you go to the Learning Center and you know scroll down here These are all the people that are streaming with us Doug is one of them. Hey Doug came from the Academy Tom B another one. He came from the Academy and Also, Moby was on earlier today. It came from the Academy Hey I'm not not him trivia. I'm sorry. I'm sorry. Moby's on Wednesday and Friday and here's Moby. Hey, so Fantastic traders as you guys know or well aware of they're doing great work and And streaming and helping helping them get better as well as helping you guys Hey, so really I really like the program. I think it's a win-win if you want to sign up for that All right, the reason I'm going over all this stuff. It's just kind of slow today We did catch this this nice kind of move to the upside Funny enough it did not trade 270. That was the ultimate target, but Yeah, anyway, this is this is where you could see your criteria in here on the retest that maybe you want to Consider taking some profit up here If we don't see and it tried many times in here You can see this little back and forth in here and then up here as well It's trying there's not enough buyers. You're seeing more sellers starting to come in At the bottom edge here. So you're looking for maybe a move to here That would be the first step the next step here or this one here and that's where it's ultimately gone Down to this 65 area, which was where you know, we initially took some partial profit Hypothetically looking for taking some partial profit there. Okay, so anyway, good stuff there again, guys we can splice and Dice these all up in here. Look at your market structure. Look at your measured moves Okay, the break from here on down. You just can't make this stuff up right so look for your previous swings look for your measured moves and Makes good sense All right buyers coming right back in all right. Well, where are they gonna go? Well, probably up to where it kind of broke from here or this swing here. Maybe it's already done Maybe that's as far as it goes. Let's take a look What's the volume look like in here? Let's look at the relative volume of this move compared to this move Is this move here a low volume pullback after a move to the downside? No, it is not it. This is not low volume. This is high volume Hey, so We might get some back and forth in here, but I would look for this to come up higher Here we're at 68 already. Let's see if we can come back up to here 69 and a half or so okay again based off of a criteria we're looking for in our You know, we can look at again some of the strong moves pullback strong moves, etc Okay, was this a low volume pullback? Absolutely not All right in in this timeframe in this In this structure here So sellers are starting to come back in and let's see if we can get buyers to come back in again though Hey Now again This is a funny one and I want to kind of address this one with with Rob In here God, I love it slow down. Look at all these all the stuff you're coming up with in here Fantastic and Rob, I know you've been doing some great work in there. I haven't Seen your recent videos I will get to them though, right in fact what I want to do on on these webinars Moving forward is I will go through and review a few people's pieces of content if we don't see anything really unfolding here Kenji, let's see you've got some questions in here If you need someone to talk about Something to talk about you always like hearing the market mechanics. Yeah. Yeah, I mean the market mechanics guys like and you know We had them so they're on you might have missed some of these we had some of these previous webinars based off of First principles and and to be honest like our our education Which you again you can see here From the Learning Center Market Mechanics course right here if you go here. This was done back in 2017 or 18 is evergreen content though You will see this is an older version of book map with the black and white heat map It does not matter it is the same it is this kind of content in here though that you can utilize Over and over again because this is the market mechanics These are how these markets work and we talked about these in terms of first principles. What makes the market move? What affects the market and what is the market made up of it is based off of orders Hey Traders offering and bidding and trading okay making transactions that is what the market is all about and the Understanding these these elements in here at the buying most binary level very very important To understand like what what is making this move in here? So like suppose like here You can see a potential spoof that we're covering with a really big skewed order book on the offer and if you start to find sellers coming in Then we're looking for potential momentum of sellers continuing to hit the bid And moving this market. Okay, so let's take a look in here We can see some some of the sellers coming in here now Right now we're down at the swing though and we're down where there the buyers came in here, so I'm if we unless we see a lot of selling in here, then I would look for the break Okay, and yeah, it's it's doing it, but I don't I don't really trust it It's not not looking quite enough for me and I would miss that then Okay, I would not accept the risk Okay, in fact, I would look for maybe buyers to come back in and move it back up now after that initial spike down Okay, so because Because of the day basically when we talk about momentum and we talk about market mechanics And Kenji you got me going on this subject so The we want to understand the strength in these moves in here because if we zoom in and we understand like really what moves the market Okay, the aggressors move the market there. They cross the spread and they can make the They take the trade off of the liquidity here now if there's enough sellers in here They will meet the buyers on the bid and If they exhaust out or they trade with all the buyers at this price level is 64 They will trade to the next level. Okay for every every seller. There is a buyer every buyer. There is a seller it the difference is though is that it will sweep this price level and go to the next price level and that's what makes price move right, so If that is the case and we see that there's a lot of selling coming in Well, we look for the sellers to continue to move that market In that direction Right. So what anyway, that's why we look for a momentum moves And now we mentioned in here today is the condition where like, you know, we saw that selling coming in But no, we're not gonna, you know, we're coming back down and it's been back and forth in here. It's rollover period We're not necessarily looking for Selling further down into this lower level here We're looking for maybe a actually buyers to start to come in from these areas in here It is at a discount and we know there's a lot of buyers over here Hey, so what we're doing is Looking at the market in terms of the buyers and sellers Hey, so let's take a look for example This is where we find buyers Hey, now this is where we're starting to find some sellers Hey, so it makes sense that we will find probably some buyers here And some of these other areas here Hey, so in fact, there's more buyers in here than there are sellers in this range in here Okay, now that said We want to look at the edge here the right the right edge here And recent selling who's in control of the market It sellers are right now. There's more selling in here than there is buying Okay, so this pullback unfolded back to where the selling began Now we're looking for sellers again to hit down into 62 and three quarters Hey, maybe they can reach down to 60 and a half Hey, so there's our move already and looking for it now the selling looks pretty good And we might get a little bit bump up, you know back to about 64 and a quarter here And maybe we'll find even more buyers try to lift it back up to 70 I'm actually looking for a low volume pullback here and then selling again and hit the bid into 60 and a half Hey based off of this recent activity in here And what's our criteria? Well, here's the selling. Here's our pullback and here's our selling again So we're looking for sellers to drop it. Hey, you can create another list in here based off of that Hey, now, this is based off of market mechanics and understanding extrapolating some of these Smaller ideas or I should say lower time frame ideas in the market mechanics to higher time frames In fact, we've we've always thought this like this education here from the Learning Center In our market mechanics course is Really the same ideas as these higher time frames as well daily even a monthly chart It is the same thing Here's our strong move Hey, here's some, you know profit taking or maybe some sellers that initiated up here. There may be You know, there's some resistance up there And then you can see kind of who won that battle in here buyers took it higher Right and look how they did it like it's some back and forth in here Right, but these are the easier moves these stronger moves in here And that's why we go through that momentum Strategy, right? Well here here here come our sellers in here Here's our move above the range and our sellers coming back in okay, so now we're gonna think There's probably gonna be some some trap buyers up in this area. Where would they get stopped out on this move? It will probably be down in these wicks in here Okay, so you can even look for even a bigger move potentially maybe down to like 60 or I'm sorry 4605 or 06 And we're at I'm sorry. That's not that's that's the new contract. Okay Old contract. I'm sorry. So yeah, that's that's one of the So we're looking for a six-point move basically, right? So that would be from 63 On down to about 57 or so. Well, let's line it up here Okay, well, I would look for the swing down here first before I look for the 57 I'd look for the move back down into about 59 here. All right, so anyway Understanding these market mechanics Can be then extrapolated out to higher time frames And that's what makes up the higher time frame market structure Here we can we can demo that and Kenji you got me going on this. So And I like it I love the going through the These kind of first principles of markets and understanding these market mechanics I'm fascinated by it. I mean, look at this hitting the bid here in this back and forth in here Buyers back up above that area. Now that that would be like trap volume in here, right? You'd look for a stop run maybe above that And we do have our stops here And we do have a small stop run up in this area here Okay Otherwise we'd look for Sorry, we look for exhaustion in here at this level No buying or maybe potential trap buying And then we'd look for a move below here and then we'd look for our selling to come in Okay below this kind of a little, you know miniature high volume node in here And we'd look for those sellers to hit the bid hard Okay, but we didn't get that they came up higher and they came up to this level and that swing And then we got the move back down Okay, so was yep now now we've come down down to our 59 level Okay, that matches our higher time frame here. So we're still looking now. We'd look for the continuation. Look at the selling coming in Okay, so let's see if we get down to this Well on this contract it would be uh 57 Okay at this point somewhere around here Let's see, um kenji what you would I'm a little confused in here See what you're mentioning Oh guys and another thing too. Let me let me let me mention Uh, go over kenji's Comment in here in just a minute and then also youtube see what you guys have But uh, we have another uh, you know, uh rising star in here um, and we had a webinar uh with him uh last Thursday Uh, and that's the crash f16 so if you guys uh Want to check out some of the content and some of the things he's looking at let me show you where it is Uh, you can go to our youtube channel Uh, and you'll scroll down here pro trader webinar series. Uh, here he is here Okay, uh, so uh, yeah, it's uh, you know Hour and uh 42 minutes long. I really went through in detail what he's looking for Okay, and how he trades uh order flow what he's looking for precisely Okay, uh, and in a few of his setups not you know, you didn't go through all of them Or anything, but he mentioned like you should have three to six or five to six setups I forget what you mentioned crash, uh, something like that. Um, and you In order to take advantage of the market and to make a living out of it You have to have these setups and you have to study them. You have to know them uh, and Become experts at them when they present you take them You execute So, uh, uh, anyway, uh, then see kenji you've been trading. Yes for a year now But this is the first time you're familiar enough to other aspects To give more thought to rollover week. Yeah, roller week is tricky I would really look for something higher probability On be kind of careful uh, yeah, I mean It's just, you know, larger players. I mean, they're just doing many different things Uh, that's why a lot of times that you're just on rollover the order flow tells us something And then the market does something completely different All right, and that's where we have to be really careful. Uh, because uh We can't rely on the order flow as much Because the the behavior is different in the order flow It makes sense They're not necessarily speculating. They're rolling over No, no, it's a great question. Um, kenji Yeah, yeah. Oh, well, you're talking about why prices are are higher. Um, well, I mean, it's the the next, you know Uh futures, uh contract Uh, typically it is higher cotango market Uh backwardation market would be it would be lower Okay, and there's all sorts of reasons for the for this. This is when you can also get in your, um You know the Some of the notes or some of the bonds and looking at the tails and the interest rates, uh, etc Uh, there's there's a lot going on there, uh to take a look at and it makes good sense. Um, you know Looking at these interest rate tails are are really important to look at your bear flatteners and Now bowling bear flatteners and and etc. Uh, you know all all these types of things I I don't want to get into all of that. Uh, it's a bit higher time frame, but Um, it's it it makes good sense. Uh, you know If think about what what do traders think the next month is worth? Well, they're telling us it's worth more in the future here Uh, this is now at you know, uh 46 60 The es here is that 46 uh, oh six or oh seven Okay, so we're talking 50 50 or 60 points there Okay All right. Well, let's see here. We're kind of are we getting something here interesting like we're getting some buying starting to come back in here I don't know. I'm not I wouldn't get caught up in it, but I am kind of interested. Let's see if we're at a we're at a level Okay, our our 59 level This has been a nice move down And uh, are we looking for a reversal? Well, let's cover that And uh, what what are we looking for in a reversal? That's going to be the next thing I'm going to cover actually in the strategies and uh setups Okay, so we're looking for and this is not a good example Um, we're looking for high liquidity on the bid to be filled like really high liquidity Hey that uh sellers continue to hit into it. There's still more selling pressure. There's still more selling pressure but what happens Uh is instead of getting a strong move like this it starts to slow down it starts to kind of um Uh, you don't get as strong moves Uh, you may still get a lot of liquidity getting filled on the bid you may see a strong bid Then what you're going to notice is you're going to see that instead of seeing strong selling into this area You're going to start to see strong buying in some of these areas You still get some back and forth in here Uh, you may get even a dip below some of the uh liquidity and then it Rejects and comes back up Okay, and then we look for Uh more buying to come back in to this area in here And to potentially break out. Okay, you probably get one more little pull back And then you probably get that buying coming in and then the strong buying to lift it at that point Okay, so what it starts with uh the move down and understanding uh A lot of the liquidity in here Are getting filled and then you can start to see this rounded bottom. I mean the head and shoulders pattern for example Uh, you get you get this kind of slow down and then You you start to see like, uh You know more shallow moves. It's not as steep moves any any longer It's because they there's buying and selling within these areas in here instead of like just majority of just selling Okay, so here's our peak down below Okay, now what's that buying look like up here? It's not so great Okay, but uh Yeah, I mean I I don't really like it Okay, but let's just go through a scenario what this might look like here If this is going to be the head And this is going to be your shoulders over here. Okay. Well, this is what we're looking for right in here Where's our buyers? Okay, where's our strong bid underneath? Okay Uh supporting this where's our buyers? Here they are Okay, now we're looking for the move back up to here All right That's the first stop now reversals are tricky Hey, it maybe it just kind of fails up here and rolls over and and continues on lower right, so You know, don't be very careful with your trade management when you nail a reversal it it feels great Uh, but it can be kind of tricky Okay, so now we're looking at market structure being broken by the buyers Okay, and then they start to take control You can kind of see it here a little bit. This is what we're talking about Kind of see it a little bit here Okay, so now we're looking for the move up to here 61 and a quarter or a half Okay, and then I would anticipate a pullback It probably back down to here around 59 again And that would be that would then Show us that this is these are kind of like two shoulders and maybe a head here Okay, and then we're looking for a higher low Hey, we're looking for a higher low, but with strong volume on the buy side here Okay, now sometimes this this is what unfolds as well. Sometimes this is enough Uh, you can go through your reversal patterns. Uh, you know in a book You get these kind of three hits to the bottom like this and then it just goes like that Okay, there is no shoulder there is no pullback Now how how can we look for that though? How do we know about that? Well, this is one of the things to look for is like a rejection down here Around this 59 level and really big volume dots in here Like they're just really buying handover fist We get a strong move like that. We won't get a pullback Uh, we'll likely can get a continuation move. Okay, so again looking for order flow and transactions within this market structure to support some of these ideas And so what makes up this pattern in here is exactly what we just mentioned It's it's the order flow Transactions in this market structure Hey, this is why we don't care so much about calling it a flag pattern or head and shoulders pattern We care about understanding the volume and the trend and the order flow within this structure Okay, and there's going to be probably some variation of that You know that will of those three elements that will define that pattern So let's see here Anything else to cover Uh samar. No, oh it looks like yeah Question has been answered. No the the mbo bundle stops in icebergs Does we do not have it for crypto? Uh, it is not in the digital plus nor is it in the global plus It is sold separately on the marketplace as a the mbo bundle Uh, it works with global or global plus Uh, and it only works with rhythmic data And cme group instruments Okay, so it's a very special thing. Uh, let me show you where you can find it Uh, if you go to book mat.com And then you go to the more button and you go to the marketplace Hey here, uh, you can go right to it here mbo bundle Okay, and then you can read about it in here. It's 134 a month Uh, and it will show you the transactions of icebergs And the transactions of stops Hey, which we have here okay in the sub chart and on chart All right See any other questions? Yeah, okay the the liquidation indicator. I'll have to look into that samar. Yeah Yeah, please reach out to support at book map.com. I don't have an answer for you on that one I also, uh, have have had trouble on friday. I could not, uh, load Uh, the imbalance indicators up here are a little different that this is just showing you an order book in balance and then volume and balance but, um, I do, um Agree with you. I like what you're saying there about understanding this context between the passive and aggressive Uh, participants in here passive being limit orders Uh, and their behavior as well as the aggressors, uh, which is the market, uh orders And their behavior where those transactions are taking place. All right, I think we've, uh Covered that and see any other questions in here Yeah, we've been going through the market pulse tool and and, uh, developing trying to come up with many use case scenarios of it that's why like, uh, our theme has been with the academy and, uh, and, uh, blue jacket is to go through, uh, market pulse Uh, so that you guys can find new ways to to utilize these tools Because there's a lot of meat on the bone here, uh with these market pulse tools Uh, and, um, uh, we we've rolled it out, but we're still, you know, looking at, uh Different ways to use these tools. There's a lot of new algos in here So you you may want to, uh, you can get free access to it. Um, uh, at the moment so you might want to, uh You have to be part of the academy, but you can get, uh, free access to the, uh, these new beta tools in here Um, so, uh, yeah, I'll have to get rid of this To clear them all Right, uh, price change might be a good one today. This one's actually free Okay, so you y'all can get access to this one uh Okay, we'll look at price change and then create a new one in here And we're going to go through, um volume pressure imbalance the es See how we can also choose multiple instruments This is really this is a great new feature feature in here But we've covered this scenario many times so it's nothing new, uh, but we look for, um The Price change and the, um volume, uh Pressure imbalance Okay, so let's just, uh Hover over this one and let's see what it is here. This is the price change one. All right, so let's let's change the colors on the price change Yellow is the line This is i i i demoed this the other day for you guys my side This is kind of pink magenta for the cell side so we can now Compare and contrast so you can hear it in youtube like the volume pressure was just starting to hit here Because this is this line here Uh, so we know that right we can zoom in here So volume pressure is starting to hit here on the cell side now What about the price change right? This is a good a good study here because you don't want to Uh be selling that that uh volume pressure now you can really hear it now All right, so uh, here's big big move a big price change also, uh You know the um volume pressure Okay, so we have both now. All right, so how do we use this tool? Let's clear our drawings for a minute Uh, did we come down to a swing? Okay, yeah, there we go. All right, so now both are hitting All right, so now what you can look for if we're looking for a move back in here We're looking for those buyers to come back in And trade back up to maybe this swing Right now this is just based off of these two scenarios in here Okay, we've had a pretty big move what I'm talking about here And this is why we're covering like a countertrend trade in here because I don't know if this is news It probably is uh And uh, because that's a pretty big move right So, uh, but we're looking for the move back into the range here Okay, based off of the criteria in here that we had our swing down here Okay, now if you if you guys want, uh, really deep insight inside on this go watch crashes webinar He goes through and he's looking for uh, many different, um confluences Uh, you know, I'm just covering a couple Okay, I'm just covering the swing the market structure I'm covering the price change here, and I'm also covering the volume pressure All right, and then you can look for where this move might unfold now the strong move is to the downside We know that It but this is we're we're covering something completely different here based off of these three elements price change swing Uh below this little range here Okay, uh, and then Uh the uh and volume pressure and and price change Both at extremes then we're looking for buyers to to uh trade it back in and We know that this is countertrend trade Okay, so what we're just looking for a move maybe back up into this would be my first place would be here Okay, because this is where those sellers came in on that second leg or maybe the swing here If we still get those buyers coming back in we'd look for a full retracement back up to 62 here But uh, it would be these two areas here for Testing to see if there's more supply up here or here or here All right, very very simple thing and then you're not looking for more than that Okay, because you know that the strong move is to the downside Anyway Some considerations in here Market pulse is part of the bundle. Um, no it is uh, it is not it is sold separately uh, and um Yeah, we can find it here Again from that marketplace I'm sorry. It's a part of the mbo bundle. Uh here, uh, so, um I'm I'm sorry. I'm I've got that wrong Uh, you only get volume pressure as free as part of the mbo bundle Right, so the other ones in here, um, are um Let's go back here to search market Pulse. Yeah, here. Here you go. So just like slowdown had said, uh, it is um Or you can see the different prices here. There's uh, there's a free one though as well Right. So like I said, it's the price change one in here Anyway, this is the link to it, uh, and uh, you can find out also more from the book map knowledge base, uh in here Okay Uh, these are this is what you get in here and there's like I said, there's these new ones, uh in here as well um that They're not actually this is here volume pressure is new but we also have uh, some of the um Ones that are in beta they we have uh absorption and uh sweeps as part of it as well Okay, so Anyway, that's the place to go. Uh, you got the link there slowdown put in there for you I'll copy it and put it into the Uh, youtube chat as well if you guys are interested in checking this out go All right Hi guys. Well, anyway, uh, I think we've gone over quite quite a bit here for and and not a actually I was not anticipating much for today. We we caught some uh, you know um, or Notice some some good uh good moves in here, uh, which typically I I struggle on, uh On rollover day, uh, but uh, you know, because a lot of times it just doesn't make sense Uh, there was some good kind of clarity today for some reason. I don't know go figure, uh, but uh Uh, the the order flow kind of played out pretty nicely, uh today So, uh, maybe, um Maybe it'll be different tomorrow. We'll see. All right, but uh, we have low expectations on these kinds of days Uh, anyway guys, thanks for coming everybody. Uh, if you like this, please hit the like button We uh, uh want to continue to offer you, uh, high quality education So your feedback counts they really really, uh, need to get your feedback. So yeah, please hit that like button and then let's, uh Reconvene tomorrow. We'll see you then. Thanks everybody. Bye. Bye