Good morning traders and welcome to the book map live trading webinar. This is Bruce at book map We'll be going through live analysis of the markets We do this Monday Tuesday and Friday. It's all based on the educational course that we have on our YouTube what Friday all based on the and that's all free. So The education is The the foundation here then we have the live analysis here to go through that Educational course and and really prove it here Right in front of you in the live market and we'll just put it to the test Then we have also live trading with J trader and Scott Pulsini a stocks and futures trader And they go through how they trade the market. So we have the complete Package here for your trading to Understand and integrate trading within Or order flow within your trading style here. So let's go through some of the disclosures and then let me Jump right into the markets here, okay 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 the 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 so Let's jump in here. Let's take a look at these markets and see what's going on All right. So immediately. Well, it's some interesting stuff in here guys right off the bat. Check this out I'm really just rather fascinated by this in book map. I always have been we had the personal consumption expenditures data here at 830 and You know, this is just how the market works, right? This is a great example of understanding order flow understanding market mechanics Now this is a big move from, you know, 3790 on up to 3830 That's a 40-point move, right within 45 seconds or 30 less than 30 seconds or about 30 seconds. All right now. That's in the S&P Okay, why why do why do we get volatility around these events? Well, here's why it's right here in the chart It's showing it right in front of us. They're pulling liquidity. You can see right across in here See how they're pulling right in there. Let me get the pen tool out See them pulling liquidity in here And in here right It's it's kind of light on on this side over here and it's dark over here Look at them pull in this area here also this area here This is when the data came out And then we didn't get really much of a reaction until about five seconds later And then you can see them pulling even down in these areas here. Okay. Now what the interesting thing about this release is You know, these are scheduled economic releases that everyone knows about it So, you know, they're going to start pulling liquidity in advance Because they don't know one knows what the number is and the market is extremely sensitive to personal consumption or CPI data or, you know, market sentiment, etc Or I'm sorry a consumer sentiment at this time it Is related to the central banks and the interest rates and all these other things that that the Fed looks at so traders are watching this data very closely and The fascinating thing on this chart here is typically We see these moves go up into test high liquidity up in here Now in this case, we do see that But a lot look out a lot of that liquidity if we zoom in even more in here A lot of that liquidity was pulled Before it even traded up into it yet. Why did the market stop up here? That's really really fascinating. So there's some sort of kind of memory here that the You know, the the traders kind of understand that maybe this is enough of a move And the liquidity regardless if it's in here or not the market stopped up here It did not trade above this area here at 38 30 Okay, the high was right here Did it maybe it got to 38 30 now The high was here at 28 38 28 Okay, on that data and then yeah some really fascinating kind of spoofing in here as well. Look at that guys, that's called layering when you see this kind of You know several layers here of liquidity at multiple price levels And it came in here very quickly And really kind of dissuaded from going higher. So there there's a little bit of spoof there's a little bit of understanding some of the market mechanics in here of potentially why The price didn't go up into maybe 55 up here or 50 up here Okay, maybe it's not just this liquidity up here in some sort of memory of it All right, so anyway some fascinating stuff in price action here Right off the bat here at 830 and then let's see what's happened after that event Okay, if we zoom out now Okay, so anyway, I got some feedback from you guys. It was like a overwhelming feedback that you guys wanted to see more kind of not necessarily sub-second but You know smaller time frame structures to understand these markets. Okay, basically we're talking about the market mechanics What makes this market move and and let me just show you something in here? Because I think you guys can really utilize this if you go to our YouTube channel And then you scroll down here and go to our educational course and view the playlist here This one right here part one we go through these market mechanics in detail This will lay the foundation for you. So please go and watch this course and You know, you can watch all four parts if you like to really start to understand the details in here and then we're gonna go through it in the live market here like I said, that's that's our education in the foundation here now based upon that foundation as well if you want to Head on over to our discord channel You're gonna see multiple streamers in here. Okay, so right now we have Well, later after this webinar finishes, we have Tom B. He'll be going through volume profile Then we also have if you scroll down a little bit further right after Tom B We're gonna have options with Doug. Okay? and He's just started streaming this week. So He's going over how he reads the market here. He has a particular strategy looking at options data and then he looks at filtering for that strategy and then Picking a few stocks to trade Okay, it's a fantastic strategy I think you'd you'd be foolish not to go to some of these events because The the quality is very very high now There's another streamer that we just added in here to called the Algo boys It's a father and son team father and sons team and they're going through the Here you can see the chart that they're showing here They're Very interesting. They've come up with their own proprietary strategies for Identifying heavy algorithmic activity and they're just marking it up in the chart. All right, so and and there's no kind of like Chatting in there are hand waving or anything. They're not presenting. They're just showing their Their levels where that algorithmic activity is taking place and that's it so Really really High-grade professional quality levels in there So I'm just showing you guys that and going through the education that we have in here In in bookmap and we're really pleased to offer all this. This is all free Okay, I don't know anyone else who's doing that kind of quality education That is free. All right, so you can really learn and apply order flow within your within your trading Okay, so let's let's now jump back here. All right, so here's what happened after that event here You guys can see it here. We chopped around 930 cash open though We still have the bowls came came right back in here. Okay, move to the upside here We treat we traded into the 50 area here. We did not get up into 55 yet though or maybe we did Yeah, we slightly Yeah, just up into 55 and that's been the high I hear so far of this cash session Okay, so Anyway We've already seen kind of a pullback here as well, but we're still bullish until we see something different now Let me get to questions here first. See if anyone has any questions Before I dive deeper into this here. Good morning all Yes, I do have shortcuts on the drawing tools I can show you that good morning Austin Bearish or bullish for the midterm We'll go through that right now. All right, so what is my sentiment in here and we can jump back and Take a look at the Let's see any other questions here Yeah, I'll get to that in just a second. All right, so let me go through first though the question here on the shortcuts And and cover that because the these drawing tools are fantastic there's These little shortcuts in here that I put in and let me show you how you can add these in here.  Okay That opens up this window here There's all sorts of areas in these folders where you can put those shortcuts We want to go to toolbar Okay, and then you can see there's drawing tools here another folder So open up that and then in here all you have to do is like let's say a line you want to put in a line You can put in Just a one letter or just right-click in here first and add add the shortcut So let's see what do I want to say for a line We can say it's a line segment or something. Yeah, okay, so s. I'll use s There we go. So now you can see I it has s here as the shortcut. Okay, you and right-click again in here And then remove that shortcut if you like. All right, so now come back in here All I have to do is press s And I'll draw my line Okay, now if you want to get out of if you come up here You see see how there's a blue outline around the pencil tool the drawing tool here And if it means it's still active and you can see there's a red rectangle around the window right now So I know that this I'm still in drawing mode meaning I Can draw another line and another and another? right So the I'm still in drawing mode There's already a built-in shortcut for escaping out of drawing mode. Just hit escape and I'm out right so anyway, that's how you do it Tony and some good stuff in there and Genevieve welcome and Let's get to Austin's Question in here about bearish or bullish And it's helping me out by waiting here as you can see the bullish move to the upside here But I'm not so sure actually I'll be real honest like the We talked about it in this bullish move here to the upside We saw that this was a bindwick. This is the daily chart over here Okay For the S&P E-mini and we saw this and then you know it traded back up here It traded right back down then we saw this candle in here and then we saw the follow-through here This was looking pretty bullish. I think it was it was a later After after this here We know we had some gap fills all sorts of stuff in here on the hourly And maybe it was on the hourly that we were we're starting to become very bullish in here And then we we came back up and we saw this this candle here. We're looking for it to test up to here, right 38 18 16 to 18 somewhere in there. We talked about it many times during the week Monday and Tuesday And then we also said like look if they can break out I'm looking to see for some pullbacks after the 17 18 area up here.  There's a little bit of a wick on that But then we broke out and we mentioned it guys. We're not making this stuff up It it's the same thing again and again and again And I will show you this pattern right here on book map. Okay in the order flow So this is fractal. You can read order flow on these charts here. There's not a lot of transparency in here though We're just getting an open high low and close of each period and we have no idea the amount of volume that's trading here We do have it in the sub chart here, but we don't have it on chart Okay, so it's this is lacking tremendous Transparency in here. All we're doing is getting basically ranges We're understanding kind of ranges in here and and and pressure by the speed or size of the candles in here The so we are looking for a move back up into here and then also here And then also here if they get enough buying pressure It would be the next swing up here 39 30 or so somewhere up in there, right? Because this is where we can see the sellers did come in here Right. There was even a pullback here on that wick and then a follow through to the downside So we could still see price come back up into these areas in here If if we get enough buyers in here, you can see that we're back and forth in here There's all sorts of geopolitical or earnings Stuff that's going on You know, there has not been a whole lot of Positive earnings in tech This week and that has really caused some back and forth in here and yet again. Here we are We're still going up or we're still kind of testing higher All right. Now again going back to some of those other discord channels that was talking about You might want to tune in with Doug He's talking about all this call buying that he Saw down in here Earlier in the in the week. Oh, I'm sorry in here and he was looking for these moves higher Okay, so like I said, we have multiple educators now And multiple channels to go in and check out and it's all for free as well Anyway, guys, let's let's continue on all right. So am I am I bullish or bearish for the day here? It being Friday end of the month potentially. I think Monday is the end of the month, right the 31st But end of the week here Yeah, I think we're gonna have a pretty choppy day to be honest But that's my sentiment for for right now Let's take a look at the hourly here still bullish even though we see this pullback because This is the strong move here on the hourly chart and that look where the pullback came to you guys Here's our a beautiful flag pattern in here And I I really hate to call these patterns by their names Because this is an order flow event that makes up the pattern and then someone gave it a name Who cares about the name what we want to understand is who's in control in here? And it is clearly buyers. So we see a move up into these previous swings Some profit taking a slowdown in here and then buyers come in hand over fist and break above that area here Now look at the pullback today Okay, this is where it's just order flow again and again and again the pullback comes right to where it broke out from here And and we got a bounce off of that on the hourly chart. Okay, so that is bullish Okay, even though we got the pullback. It is still bullish. Here's the move and then Let's take a look now at the 15 minute chart Okay on the right hand side here And yeah, this is the you know, you can see the bullish move here at the 945 candle and the move up into where Some wicks up in here, right and what do we see up in here? We see some wicks as well All right, so there's some profit taking up here as well as maybe some selling initiating maybe also it is a You know just kind of looking for a mean reversion trade back down into some of these levels here Retest some of these levels here right now though. Yeah, we're still we're still bullish in here Here's why we've seen this many times over as well Although we do have lots of wicks up here. Look at the buyer. This this candle here is green And we're still seeing buyers come in here Okay, that's pretty interesting So after a lot of selling in here, there's still buying pressure on this You know 15 minute time period Okay, so let's jump into book map now and let's clear our drawings here and Let's take a look here. All right, so We're seeing that bullish pressure come in on that 15 minute chart. Okay, so here we have strong move Another strong move in here really back and forth in here and then some selling coming in Driving it down. However buyers come right back in again. Okay, so Now what we're looking for right now in the market in the order flow We're looking for a buyer and this looks good right now buyers coming in They're on the bid here and they're starting to pull on the offer We're looking for them to trade up into this 52 and our 55 level, which is the high of the day Okay, so we're already getting a pullback as well So let's zoom in here now. Look at them on the bid in here. This is a larger player one particular larger player Pulling liquidity adding higher pulling adding higher, etc. We're getting buyers in here Here he is again. He just pulled from here and added up here. Okay, that's bullish as well So we're still looking for this to go up into 52 and then we're looking for 55 and there it is Beautiful. Okay, so how would I have managed that? This is happening really quickly guys, but Anyway, based on the order flow in here Looking to get in looking to take some off at 55 Stop at break even looking forward to see if I can get higher as well. All right, very simple fast trade there and That's it Okay, and if you Are trading one contract? Well, that's all in and all out. You took your yours off at at 55 there And that's it. Okay So anyway, let's see if we can continue with the momentum up into 60 now, right? That's the next target here The liquidity is right there at 60. Okay, and there it is. Okay, great I'm I would be tempted to take everything off here at this time. All right, but let me just take a step back and look here This was our analysis here on the higher time frame on the 15 minute Okay, that we had wicks up here and then this candle was still green and showing, you know More buying pressure up in here. Great We should on this 15-minute chart due to this bullish activity. We should trade up to about here 65 okay, maybe we can get up a little higher like 70 here All right, some of these wicks up in here All right, so based on that well, then I would be moving my stop up and I'd be looking for 65 Maybe I would front run it here. Maybe a little bit in front of it here 64 ish Okay, and I would take my profit at that point All right my full profit and there it is Okay, so yeah, I would be out of this move right now Okay, so there's there's a Boy the timing couldn't have been much better. It was a little rush there to go over trade management in here but there's basically a 15-point S&P move right in front of you from reading the live order flow and That's exactly what these webinars are all about Okay to come in here to drill down look at the live analysis in here And then apply what we've learned from the educational course Okay, we even you know, we drill down from the higher time frames in here And then we have our reasons now we had reasons behind this for this to work out All right, and then and this is my profit target as well. I'm done All right, I might be not done for the day, but this move is done. I'm looking for the next opportunity Okay All right any questions on that Okay, I think that was pretty good pretty good drill down it in in pretty quick I know but you know or brief I should say But we had our reasons we started with a daily chart and it was started with a question there from Austin and then we drilled down from the daily to the hourly to the 15 minute and then we looked at the order flow and then we're looking for this move to the upside 15 minute move we were looking for the move to the upside And then we saw some beautiful order flow in here Okay, let me go through it again because this this did unfold really quickly, but guys this is the same stuff I mean how many times? You know, it's got to be repetitive for a lot of you guys that come in here Because we see it again and again right the What do what do we look for right? You guys probably can tell me He you could run the webinar Basically, we're looking for the bid to show a lot of interest Hey, we're looking for a price struck. Well, kind of there's a few different things But first we know that there's a bullish price structure. Okay, we talked about that on the higher time frame So we already know that Then you know, we look at the structure in here and there's higher lows in here and higher highs in here we are Looking for more buyers at a higher area in here. Okay, and then We saw this in here. Wow, okay larger player pulling adding higher pulling adding higher. What's the reaction? We find aggressive buyers green dots up at these highs and these these little areas in here That's what we want to see We also want to see see them on the on the offer here at 38 48 and a half They're pulling that liquidity away from market. They do not want to be sellers that makes it easier for these buyers To lift the offer up into these areas here Okay, and that's precisely what they did All right, so at that point and we saw it even again here at 49 and a half This guy again pulled added higher Reaction was buyers. Okay, so we're looking for 55 We got it Take some off stops that break even Would have been it somewhere involved in it here somewhere in here So let's just call it, you know 49 and a half, you know right here. Okay, so there's 55 take some off And then we're looking for 60 as our next level here because of the liquidity here But we took a step back and we looked at the higher time frame here Okay, so we took a step back. We looked at this and we thought hmm, you know Maybe 65 might be a little bit better because this is a bullish move All right, so what we took some off here or basically I would have been exiting the position Okay, now, you know a lot of times I kick myself for doing stuff like that Because look it's still going higher and we talked about 70 as well All right, and that's where it wants to go All right, but I'll take my my profit in here. I'll look for the next opportunity the next opportunity Well, maybe I'd be getting involved in here Looking for the move up into 65 take some off and then back up into 70 in here. Stop it break even already Okay, so what yeah a few different things to consider All right, so now, you know Where are the buyers now? Well, let's see. Let's take a look see how that we're getting a lack of buying up here That's not what we want to see see what we got sellers here That's not what we want to see either now. We might come back up and find buyers and break out We might find sellers here and if we do I'm looking for them to pull it right back down to about 63 and Maybe 61 and three quarters here Okay, so again, we have a little bit of a shift now in the order flow This is not what we wanted to see for it to continue All right, so now how how might you consider managing something like that? well, if you got involved in One of these we talked about it in here. Okay, so let's see Yeah, we would have been out in here And then we're looking for the other the other breakout in here Takes them off at 65 stop at break even the suppose your stop is right here Well, once I see this in here, I see it see it starting to unfold. I May exit and I may even try to take it back down to some of these areas here at 60 63 Okay, because I see an order flow shift I'm not sure if I would have or not, but I definitely we'd went through it in the live market here And and this is actually something to mention in here This is a subtle thing But I think really important and this this may help you guys As well with your trade management is See how we were able to very clearly read the order flow in here without any sort of bias whatsoever Why was I able to do that? It's because I didn't have a position Okay, I wasn't a biased in here thinking well, it might still go higher, you know, well, you know I don't know. Maybe it'll come back up here and we'll get our big buying up here and You know, I'm kind of hoping for it But if I don't have that position still on I'm thinking like well this chart's telling me here. There's lack of buyers sellers here lack of buyers I'm looking for sellers here. I'm looking for them to pull it down to 63 and then maybe down to God, I forget what we said here. All right, so maybe 61 I guess they are I know we said 63 and I know I said we said lower here. I think it was this liquidity here maybe 62 Maybe 60 right liquidity more liquidity down there Okay, so anyway Because I didn't have any sort of bias up here and How that can kind of like mess with you, you know mentally how that can that bias Can blur your vision in here or your understanding of what the chart is truly telling you Very objectively telling you in here is is saying that there's not a whole lot of buyers up here Right, so we do look for this okay Think about that one and and and play around with that idea With your trade management, maybe you want to get all in and all out In some of these here because look at this move now and yours if you're still in it, you're hurting Right or it's your your profits are evaporating here Okay, and it still may go lower Right, we don't know now Let's let's even take a look at that on a bigger picture That's pretty easy as well We talked about this area here precisely 65 Okay, we said 70 is where that wick was we said precisely 65 Now we don't know right. We don't know it's gonna happen This is still a strong move on that 15 minute chart or even on the hourly chart in here It's still a strong move. So maybe this is just a pullback and maybe it continues on up, you know up into like 3870 or 6 or 80 or maybe it even comes back up into some of the swing highs up here 3895, you know 3900 and we don't know But here we do know that chart is telling us something Okay, and we had our reasons also on a higher time frame for looking for this potential move to the downside All right, and this is played out pretty nicely right, so Just by reading the charts and reacting to them and understanding the order flow and what the participants and what I mean by order flow is The participants in the auction Okay, so the buyers the sellers. What are they telling us? Well, what is their? And what are the majority of traders telling us in here through their transactions and through their actions in the order book where they're bidding and offering? That's where we can put the pieces together and that's where you can get an edge using order flow Okay, so we can look at our higher time frames and that guys this will work for anything in here You can you look at your higher time frames In here and start to wonder about the order flow on that higher time frame And then you can look at and and pinpoint it in here in book map Okay, and this is not only for you know these advanced education Webinars in here, but let's say you're you're over at at Tom B's webinar after this one And it's a it's a volume profile area great Look for the order flow around it to support it Hey, or you're over in the algo boys room and they just put in a level for Where there's heavy algorithmic activity? Okay, great now look at the order flow events around that All right to get some insight guys if you like this kind of education, please subscribe to the channel and Give us a like in here. It's very helpful for us. We'll continue on with this kind of education Let's see Matthew. You got a question here Okay, you recently added CBD to your chart, but don't understand how to interpret your setup By cell lines. Can you explain this a bit further? Okay? I'm not really sure where to go with that Okay, I guess what we can do is we're gonna go over And this is based on the education again. Okay, it'll be part one of this course right here Right this one here yeah, so we're gonna go over this kind of stuff in here, okay, and Then let's understand that on a higher time frame or I mean, I'm sorry on a lower time frame Or we'll go through it right in here Okay, so And we'll kind of have to stop this for a second here So we don't I don't know what's unfolded in the market right at this point So I do know look at this strong moving here Okay, so we know there's a lot of buyers in here. Okay in this very small time frame Hey, just from this very small Snapshot which is about 30 seconds or 40 seconds. Here's here's 1039 even here's 1039 and 40 seconds So let's maybe 50 seconds of data all together All right. Well, is there any question who is moving this market? No, where did they go? High liquidity they traded right into it here. So these all this heavy buying found Supply up here. Okay, so you can mark that up with your line Okay, now we get a pullback in here. We did we get some buyers up in here Not enough to to take it higher at this point in this view here Okay, so Up in here, here's a lack of buying in here We don't see any buying up here. It's just the best offer came up and tested here Here's a little bit of buying up here Here's a retest back up here on this very small time frame and There's no buying In fact, this is like a little mini head and shoulders right here Okay, and there was just a little bit of buying on the on the on the head Okay, and then we can see that We see a bit of selling coming in here Okay, there is no buyers up here. They're selling down here Okay, so now There was enough sellers in here to drop it a tick. They swept the order book one tick Okay, they hit the bid took all the liquidity off of this 64 and a half and then moved it lower one tick All right, so now We're looking to see what what might unfold after that and we're looking for if they're sellers and this is a pullback in here We'd be looking for them to come back into these little areas and pockets in here Where we see kind of a breakout pullback or large transactions or large liquidity that Transacts and then the market still goes through it though. So this looks pretty good in here This little ledge in here because it kind of came up went sideways for a little bit and then went again higher Kind of did the same here as well very very small, but it's there And then also there's the large transaction here That's where it pulled back to Okay, and then we don't see any selling down here. No one's interested in selling here And it's just going back and forth in here bashing around no buyers up in here And not too many sellers in here Okay now in here and we're going to go forward here from now So am I answering your question Matthew? See you say you don't understand the indicator You have displayed in the bottom. Okay. That's the stops and icebergs indicator All right. Anyway, let me just finish up on this this kind of up since I'm already explaining it And what you can see we're channeling here between high liquidity at 65 up here and then 62 and three quarters down here And the markets is going back and forth All right. No buyers up here some sellers down here All right, so now we're getting even a lower high in here in the structure and there's no buyers Okay, now let's just read what the what are the players in here telling us in here? Well It's going lower and we're and we're not finding buyers in here So on this very small time frame if we can get more sellers here at 63 and a half I Would look for them to trade one tick lower and then maybe two or three ticks lower into this liquidity And maybe if there if we get a lot of sellers in here We can come back down into this area or this liquidity down here at like 61 and three quarters to 61 and a half Okay, we'll need to see the order flow changes. It's always is dynamic here But on in this view in here if we get sellers here That's where we're looking for it to go Okay, if we get a lack of sellers in here And we start to get buyers back up here the secondary scenario and more likely scenario to be honest is That we're going to get buyers up here at 64 and a half in a quarter and if we do Then there might be enough buying pressure to trade not only to 64 and three quarters, but to 65 Okay, so let's see what unfolded here. Okay. Well, you can start look what happened We got some down here and then that that secondary scenario Which should be the primary one because it's the strong move a pullback and then another strong impulse move is what we're looking for They're starting to climb back up here now. Are they do they transact up here at 60? For and in a quarter a little bit Looking for more and look at no commitment here. This is a game of chicken right now Okay Okay, no no no buying up here. That's what we got to see right we got to see buyers up here Now this is a quick move back up here, and that's good Here's a lack of sellers here Okay Great now. That's really that looks really good here lack of sellers here, and there's some buyers here, okay We've got to get buyers up here at 64 and a quarter then then our breakout looks pretty good. So let's see Do we get it? Okay. Yeah, we got a little bit there not much a little bit more Little bit. All right Looking for now the best offer went up a tick, but we're looking for buyers up in here, right? We want to see a heavy buying in here. We're not really getting it All right, and we're not looking at the order book yet But we would love to see them add more maybe this guy pulls and adds a little bit higher Maybe this guy pulls and adds higher too at 65 There's some there's some buying right in there. Okay a little bit of buying right there 64 and a half good Okay Pulled back. We're back up here. Oh, this looks even better now. Look at that buying in here. That's better We want to see it actually here though, right? We said originally here is where we want to see it now. It's a little bit higher This looks pretty good though. Okay, and I can also see look at that little bit come in here on the bid in here Okay, we got some nice pieces in here looking for 65 boom Okay, guys, this is a microcosm of what we just went through and Reading the order flow here Okay, and understanding the market mechanics in here, you know almost tick by tick Okay, and understanding these areas now. It's not micro a structural in the sense that We're not sub-second levels here if you really want to go into sub-second levels. You can Now we're at sub-second levels, right? This is you know underneath these are milliseconds in here All right, so that's you know the proper definition of it, but Anyway, so we got a nice breakout Okay, so what now, you know, obviously some other things shifted and changed in here These are a pivot points. We talk about it. It's like this is a trap And then you know sellers down below all of this in here where we were previously looking for sellers Before we got them now. We got a pullback here looking for more sellers here to take it down to 60 and They could not Okay, so they just took it down to the swing here. That was it Okay, and then we're looking it's pretty powerful here looking for buyers We probably tested that 70 level at this point, right? Yep. Yep. We got there and through it. Wow powerful move guys nice I Can't stand like I mean I love going over this stuff with you guys to go through that micro structural Or you know smaller time frame stuff to explain these things But I just can't stand missing these especially in the live market. I just it just drives me nuts So anyway, we traded into in through 70 same same concepts in here same ideas All right, we read also the pullback in here From here onward, okay, and we said down to Potentially down into this kind of 61 ish. We went a little bit lower here Down to about 58 and a half or so All right, so anyway That's the same process that we went through in here When we were looking for this breakout Okay on this a little bit higher time frame here In that move up into 55 same process guys no different Up into 55 and then 60 And then 65 or just shy of 65 and then getting out of the market here Okay, and then looking for the next opportunity Even potentially shorting it back down on to some of these levels If I shorted I would have taken it off here Around the 61 in front of that liquidity and I'd have my reasons because this is where buyers came in All right, so and we see the move continue here All right, so and again back and forth in here, and then you start to see it see how it builds in here yet again We get a skew in the order book here. Not really not really they're not really on here They're on the bit a little bit in here. That's starting to look pretty good And we're not really quite getting buyers in here yet. This is now it's starting to look better All right. Yeah, and there's our breakout right there Okay, so you can you can start to read that not too many sellers buyers come in looking for 70 71 And then it turned into a pretty powerful move here. Okay. I know that still didn't answer your question Matthew How it maybe will hold off on on integrating CVD into this We can talk about stops and icebergs if you like But CVD like I Think it complicates this to be honest You know, we're just looking for these three pieces In this context in here for that move higher But you know once we put in CVD, we got to look at another thing and and basically we were reading the order full We know that this is going to be bullish in the CVD anyway All right here. Let's just put it on We know it's going to be bullish because look at look at the volume that look at the dots in here You don't need CVD Okay, so and it is it's just climbing higher here. Okay, we know there's more buyers in here and then Here's that retest to the bottom here and then buyers back in this is looking good for trading up into here in here And then maybe up into higher levels here Alright, so anyway CVD didn't CVD was just yeah, we knew we It's just climbing here a bit so this is bullish within this and you know, basically the It worked out And CVD didn't you know, there's no diversions is in here or any kind of you know Special thing to look at you just you're looking for that buying pressure and then that that continuation of the move All right So there's a lot of talking All right, let's take a look at our higher time frame though Okay, because this is this is getting really interesting now Not only did it trade into 70. It's it's up higher Okay, we know that but where where is it? Where does it want to go now in our hourly chart? Everything is still bullish in here. So we are hourly chart. We're looking for maybe 3890 maybe 3900, you know way up way up here 3896 is the or 97 is the high up here. Okay, and Let's let's look at book map here Yeah, so we have a lot of liquidity up here at the figure Stops and icebergs Matthew, I guess I'm getting to your question now Let's go over that this is showing It's it's a very special thing It's a special indicator from book map and it's not what it's not included with book map global or global plus It's sold separately as an add-on And in the book map marketplace. It's called the MBO bundle market by order bundle There's you need to have rhythmic data for it and it also only works on CME group instruments it is showing stop transactions as well as iceberg transactions native CME iceberg transactions I'm Displaying it as cumulative as a cumulative volume down here or the Delta So these are there's more by icebergs than it goes flat lines and there's more by icebergs in here Okay, actually, we've looked at this data for quite a while and You can get some really powerful moves when you get icebergs going the same direction as the stops so it just means that there's a lot of larger players using icebergs to get filled in some of these areas and Retail traders are getting stopped out on the upside basically Okay, there's there's a lot to cover in the stops and icebergs but it's just again is one of the beauties of in here with the stops and icebergs indicator is very very objective data It's just showing you these transactions now what you can extrapolate from those transactions though is pretty pretty unique That that transparency is pretty unbelievable to be able to see not just the order flow here But the order types that are transacting so we have the blue line being you know Larger players who else is using iceberg order and why would you use an iceberg order? Well, because you want to show your You don't want to show your liquidity in the order book. You don't want to put in your limit order in here It it would scare people away So you might not get filled All right, and then the other the red line here is stops. Well, who's using a stop? Okay, most of us are retail traders and and the reason we're using our stop is because it is The market goes against us we want to get stopped out and look for the next opportunity. We don't have deep pockets Here's here's the larger players where they're deep pockets High liquidity high liquidity high liquidity Right, they're getting filled on the on the offer Okay, and they're also using their iceberg orders Okay, so they're providing liquidity up here and that's where they're getting filled and can it run against them sure and do they care not really I Mean I you know I can't speak for them, but they just have deeper pockets to be able to They're looking on you know to getting on you know a lot of different size that we can't ever Ever relate to and the way to do that is through your limit orders at specific areas. They have to kind of like Scale in and scale out of positions So they envy us as resale traders. We can just Skype. Oh, I'm gonna get out. I'm flat Oh, I'm gonna get back in great. I'm long whatever They cannot Okay, they they have to manage these very carefully It's just too much size Anyway, let's jump over to discord here Sorry guys. I don't mean to Ignore you. Good morning. Lewis JC Yeah, yeah, thank God. It's Friday JC. It's been a long week Some beautiful fall weather here in New York City. Love love it Okay, here's a potential bullish pattern in here. It's not playing out right now But this is a a pretty simple one Sellers here We'd be better to see some more buying here. We're getting it now. So we should see this move higher Okay, so again, look at look at in this structure in here Okay back and forth sellers in here sellers in here we come back up to the top of the range a Little bit of buying we want we'd love to see some more buying up here But then look when we come we come back and pull back here no sellers none And we're getting buyers back up here buyers kind of starting to come in great I would look for them to break this range and come back up into This looks like a good area to test and I I know it went the exactly there, but here's the reason We and we always look at these before it even you know It does something like this is this is where the sellers came in and dropped it from this range in here this range Okay, so we'd be looking for a test to that range right there Okay, and that move played out now we're getting sellers down here now, okay We got some buyers in here, but look where they came back to and they couldn't get through this selling in here So if we get more sellers in here right now, let's see if we do We should be able to break down to here Okay, or here All right. Now we're looking for sellers down here though. Okay. Well, we're not getting that and we got the pull back here and Let's see Nothing now now we're getting buyers back up here Okay, a lack of sellers in here right a lack of sellers Okay, so now instead we're getting the opposite here. We're getting our buyers in here Okay, we get a little bit of a pullback here off of this This is a harder read than before If we get buyers in here, we should get into 80 I Would love to see the order book though underneath it here We get a little bit of liquidity in here not a whole lot but Yeah, basically Primary scenarios look for 80 here Look in continuation of the of the bigger trend here Okay, this is just not giving us all of the pieces though We did not have that order book really cooperating with us, but here's the move nonetheless, right? And that we'll go through that process and we'll read it still but notice how this is different than what we were looking at earlier Okay Over in here and we saw that skew in the order book to help us out to give us insight This guy in here This guy was helping us out and they're pulling on the on the bit on the offer here and we're getting buyers This is where it's looking good. Right. This is this has all the pieces in here This one here that just broke out in the 80 Didn't have all the pieces Okay, we had this liquidity down here, but that doesn't really, you know It's not really counting as much and then here. This is this is why this can happen here We're looking for the move to 80 that see how the sellers can very very easily Drop price into high liquidity down here because it's all dark in here There's there's not a whole lot of the equity so a lot is a lot of selling will very quickly move price and this is almost like a like we started off that webinar with the Personal consumption expenditures data and they pulled the quiddity therefore price can move rather quickly Oh boy, it looks like this move is driven by Apple higher and the assumption that Fed will stop raising rates You too bad pending home sales Yeah, I don't know. I mean, I don't know. I don't know what I kind of feel yet about all of the different fundamentals Out there. I mean, it's kind of weird to see this bullish activity even on the daily chart after some of the surprising announcements from Google and Some of these other big tech bellwethers, but Apple Apple's doing well Alright, let's let's take a little bit of a breather and let's look at our bigger picture again here. Anyway, so We read it down in here Right and these little wicks in here and we saw that like it had sold off sold off Yet the buyers were coming back in here. That's when we look for it, right? And then we're looking for up into these areas here 60 65 ish It went through all of that and it's up in up into went up into 80 here Still bullish is still a bullish move altogether. We're getting a bit of a pullback now All right, well, let's look for a pullback here on where my if we see sellers coming in now Where might it pull back to well? I'd be looking for here 70 as well as our 65 area Okay, because we know there was it, you know, it had to trade through that area There's likely a lot of transactions in here That relate to this here. So I'm looking for sellers to try to drive it back down to that area All right, so let's take a look at it. So 65 and then we said I could think 60, right? Let's see Now 65 and 70 I'm sorry So 70 is just right here Okay, and that's where it broke out from here Okay So, yeah, and there's liquidity on the bid down here as well. Okay. We're down at the bottom of this little range here Okay. All right. Let's see. Do we get sellers here? Yes. Are they pulling liquidity? Yeah Are they on the offer? Not really, but I do see some sellers here We get some more in here All right, then let's see if you can let's see if we can drop it They can drop it down to this 70 here. Okay first target Okay. Now see see the order flowing here Guys give us a thumbs up or a Hit the subscribe button if if you like this that's very helpful for us See the order flowing here like they're still kind of on the bid in here Kind of adding and pulling and they're yeah, now they're on the offer here This see this is looking much better in here. So we should be able to trade down to 70 now Okay, because it because of the because the orders and we're getting sellers in here So let's see if we can drop down to 70 now Okay, and this is a great area to drop and test right here because this is where it broke out from See them on the offer in this picture here on this time frame. That looks pretty good And the liquidity stain here though at 70 so Looking for the sellers to test into 70 Okay, it's kind of like I said, you know the order flow and the and the different traders doing different things it gets convoluted in here and Look at the iceberg buying that's just coming in here. So quite quite a bit About three four hundred five hundred in here iceberg buying And the order books kind of shifting back and forth in here right now. Okay, quite a bit of iceberg buying Okay, now let's just you know, this is where it gets kind of a little more convoluted to read for sure Okay, so and then just you know, don't stick to a position When we're looking for this to hold until this structure this this kind of downward structure to hold Until it doesn't and right now. It's just it's not right. So You know if you were involved in this on the on the downside in here You know take take your break even Stop loss or you know a small loss Don't get run over by this because this is new order flow coming in here that we didn't see before And we didn't see that happen in here Earlier, okay, we were talking I think about around in here For the move back down what bottom of the range and then 70. Okay, so and then what happened in here Well, lots of iceberg buying Still sticking with it until this structure is broken. We come back down retest Start to see some buying break that structure. I'm out Look for the next one And now that's just a few Considerations these are not trade recommendations It's just putting these pieces together in the order flow and a bit of trade management. That's all so this pullback Kind of came to a weird area. I was looking for a seller follow-through down to 70 Hey, and it it just kind of it's kind of in the middle of nowhere here. This is kind of unusual But a lot of iceberg buying Thank You Matt Thank you for all the ice or all the Education find it very helpful and invent your trading plan. Yeah Matt, how do you trade? What is your trading plan in general? I mean if you can just like maybe I can help you more and Go over What it is you're looking for and then how the order flow can help you dollars looking strong again Okay, well if the dollar is looking that correlation. Well, let's actually put a correlation on here Kind of had the ym on here that I'm gonna get rid of it. I don't really look at it very much We've got our NASDAQ here Wow NASDAQ breaking out. Okay. Well, if this is this is it would use to use this Correlation here, even though there's a strong dollar NASDAQs breaking out S&P should be following right So and it is and it's just starting to break out. Okay, so looking for S&P to continue basically That's some three pretty strong buying in here guys So we would be looking for that to break out and here we have the opposite here We were looking for it on the way down in here High liquidity on the offer pulling on the bid sellers hitting the bid down into 70 Then we saw this iceberg buying and then breaking structure. Then we have the opposite in here They're starting to pull on the offer add on the bid and we're getting strong buying Okay, so then we would be looking for this to test back up into high of the day here Okay, and then maybe we can even break higher here the beauty of this was we also had the NASDAQ following suit now The NASDAQ might just that might be it like, you know, 500 here the figure. It's just shy of it here 1,500 Okay, so Matt you're using like Tom B. And and basically Volume profile, what's EOM Jw? Okay Yeah, yeah, well, let's take a look at some order flow around volume profile Okay volume profile you can drop your levels like This is a small little level. Well, we're looking at the NASDAQ now. Let's let's we'll jump back to the S&P Well, you know, here's your high volume node down here at 77 or one the high volume node Okay, the higher ones way down here around 48 or so. Oh End of the month Yikes, there's a whole bunch of stuff going on in the order flow here This is what end of the week getting close to end of the month here and look at all this high liquidity on both sides here Okay, some game playing back and forth I was just trying to get to it Matt that you you know look for sellers to trade it back down to here and Then take some off here Using your your volume profile, right your high volume node and you're not the only guy that's thinking that you can see that here in the order flow a Lot of high liquidity here at 77 and a half in front of just in front of that high volume node there Right. So yeah, take some off reduce some risk. Okay It would it's not a trade recommendation But it's you know suggestion here just to manage this because you have something high probability for markets gonna give it to you take it Take it right. We don't know what's gonna happen here. Look at the bid. Look at how strong it is now We don't know though Maybe there's more sellers that are gonna come in here and take all of it and sweep it down lower Right, and then maybe we're looking for a bigger higher time frame move to the low volume node down here at 70 And then maybe even further to that 50 area or 48 area down here Okay, and the in the session volume profile down here We don't know There's some massive squeeze and apple. All right. Thank you. So I don't know JW talking about end of month Trump's all right now in in terms of like people showing up Kind of their Positions for the end of the month here And we have lots of earnings. There's a whole lot of stuff going on in these markets right now I mean fundamentally, there's all sorts of stuff geopolitically there's earnings and You know the window dressing kind of end of the end of the month As well, yeah, I don't know That's why I'd really try to like, you know, I love all the fundamental stuff, but Just read the order flow and the more objective reading the order flow the better I I do And just just read it like we don't know down here. We take some off And we we don't know if it's gonna bounce or not If there's if there's gonna be more selling pressure through all this on the bid here and that's the case, you know There's more selling pressure Okay, well then then sellers if there's more seller we need to see them down here as well If we get that then they should be able to trade down to 71 and 70 Right that makes sense Hey, we need to see those sellers though If we don't if we don't get that that selling Right here bottom of the range. Let's just zoom in and go through that example again We're looking for sellers here here lack of buying their sellers boom pulling on the offer on the bid here They should be able to trade lower Okay, now they're pulling again should be able to trade lower And now we're seeing a little bit of buying coming in lack of selling here. See that buying coming back in a bit Okay, can buyers come back back in up here? No, all right, so more selling again here, let's see if we can get it here Then they should be able to hit in the 72 and a half Okay Now, you know, obviously, this is a little bit of hindsight. I still like the selling here, but I don't we don't see much here Okay, and then not a whole bunch of buying up here either. So we're still looking sell side here still looking sell side Hey So now if we do get buyers back up here though 74 and three-quarters likely we're gonna trade up to here And at 75 and three-quarters All right, I know this is happening very quickly here, but it it and kind of happening as we're speaking All right, but we're it's still the same thing and And this is no different than I we were just looking at those much much higher time frames now See see the 73 and a half in here. No untangled with it in here. No no no sellers not one Okay, and now we're starting to see buyers trade back up into that 75 and three-quarters All right, so this order flow just kind of shifted and changed a little bit in here It would and and this these are the pieces these are the pieces to read They came in here on the bid at a higher level with high liquidity and not one seller into this Now I take that back. There is one one seller into that Or no, actually, it's not true. It's actually here that they sold so here Not one Into that liquidity All right, so this had significance All right, that's why we go through it in our education in our educational course again Like these kinds of details in here to understand the market mechanics. It can be applied Okay, so we're back up here. We found buyers up here this all unfolded Right around in this area in here we would look for that move back up here after this and the reaction to this Now we're finding buy or more buyers here and back up maybe into 80 So the order flow event is right in here Now There's scenarios that can unfold in here like we we talk about What if they did take these guys on in here at 73 and a half? What if there was tons of sellers in here and And a little bit more a little bit more down here at 73 It looks pretty good for it to trade down to 70 at that point We'd look for it right because we know they're selling pressure They traded into and through and there's more selling pressure down below We're looking for the continuation to the next level of liquidity Okay, and we didn't get any of that in here. We didn't we got one. We got no sellers in here into this guy Right market reads that Algos read that And they they react to it We're reading that and reacting to it It's just understanding the the supply and demand in here and the reaction to it. Oh, okay. I see Apple has been moving here So that's that really has been a big driver in here for sure So how'd that Nasdaq do it trade must have traded into that 500 right? No, I didn't never did Okay, looking for it though. Okay, so now again look at this move here guys. All right So here another kind of order flow shift in and potential change to break above This area here Look at the buy and see the shift in the order flow Sellers back and forth buyers bounce buyers again All right, so now we're looking for we're back down here at set around this 40 Or 470 and we're not looking for sellers here, but we're starting to see some right now Okay, if we do see those sellers, well, yeah, we'd be looking for them to drop it back down to here around 65 Maybe maybe a bit lower. Maybe down to the swing then okay, so I Was just hoping we get more a lack of Sellers here buyers again here and then look for back up to here and then potentially up to the 500 again Okay, first stop would actually be likely here and we look for liquidity to go and come in there Let's see I'm gonna put a quick poll in here guys on the on this tech stuff So we'll hold on just a minute. I'm sorry. We already got a poll in here. All right. All right So from the poll here, if you guys haven't voted to get them in Before we're just about to end it here. So Yeah, it was an hour ago. We put it in Big tech has been under some pressure past months the Nasdaq is turning up will this rally last 27% the market is turning bullish 73% say this is a short squeeze and the rally won't last All right. Well interesting stuff Okay, I'm gonna about to end it so if you guys want to cast your vote in there one more One more chance. All right, let's end it here So there you go Yeah, we can take a look at Apple as well. It should be flying, but it should be pulling back now. That's for sure 3900 liquidity has been there all resting there all week Yeah, you know Will it will it trade? Let's take a look, you know, and we don't know This has been very bullish day And yeah, I'd look for it to continue but Right now, I mean, there's gonna be all sorts of kind of back and forth in here and it's gonna be pretty choppy I imagine However it trading back up to 3900 is not out of the question whatsoever. In fact, I think it would probably be more likely That it would get up there than not However, you know, you know how it isn't during the especially on Friday You'll get a you know, everyone will start to go is going there for sure It's going there for sure and then it'll dump down to about here and then bounce off of somewhere around in here 3815 or so and then come all the way back at the end of the day and trade into 3900, you know something like that it's I mean It's Typical to see that kind of stuff on especially on Friday. I'm really curious to go see Apple. So let's jump over there That's been pretty bullish 160 a lot of liquidity up there 155 and three quarters right now What books do you recommend for understanding order flow? I would just say to be honest like This kind of material is pretty rare Just come to these webinars watch that educational course that's on our our YouTube channel Come to our discord channel You're gonna learn a lot more I think there About really market mechanics and order flow and what makes these markets move then you are From some of these books out there and I would and I you know, I hate to plug us like that But there's reasons for it Reason one of them big reasons is that these books don't cover this kind of visualization of the market And to understand these order flow events in here One of the things about book map is so great is so visual as like a teaching tool You know here, it's just fact. This is liquidity What's the reaction to that liquidity? Wow? We found some buyers. Okay? Right in here 72 and a half. All right. Well, can we get a little more buying here at 73? All right, so can we get then here to 74 and a quarter? Okay, or maybe top of the range. Well, nope sellers want that liquidity now trading into it You know, so we're understanding it visually in here and you're not gonna You're not gonna see that in a book You're not gonna be able to understand this and good and then another thing that it's really nice and book map is You can go back and replay your data file again and again And watch this unfold again and again. That's going to be really helpful and to you know Really start to understand it go back again Go forward play it forward read it in here.  Yeah, well, you know, I'm still we're still finding sellers and they're trading into high liquidity If you get a lack of buyers up here or in here and we get more sellers again They should be able to trade a 71 and 70 You know and then right now like well, we're seeing it. It's really kind of back and forth in this little this little range here Okay, so we don't really know a little bit of buying. Okay, maybe they can squeeze it higher And go through the same exercise. We're going through in here here some exhaustion here some sellers here Okay sellers. Let's see a little bit more here 72 and a half. Can you get there? No, they couldn't Okay, more liquidity coming in here more liquidity now This is interesting see the liquidity coming in at 75 here now. They're pulling now We're getting our sellers come on sellers All right sellers. I'd be looking for them to try to drop it Down into here 71 You can see the bid the bid is just kind of lighting up in here though Even though it's it's blue kind of bluish tint in here It's still lighting up. It's you can't deny that and then this guy pulled up here This is yeah very back and forth in here. Okay still in this range in here Okay buying pressure actually looks pretty good There we go Okay, so we were looking to see if we can get our sellers in here in the drop Well, we got instead the opposite the bid started to kind of show a little bit of interest and We got buyers in here. So we did trade back up into this 74 and three quarters 75 Top of the range Okay, now that we know we're at the European close here. So 1130 We're getting some back and forth in here and it does make it harder to read. It's like, you know Bigger players doing different things. So anyway, I hope that answers the question on the books I haven't found anything that that shows what we're going over and You know, I learned from one one trader in particular That I'm very grateful for he showed me about a lot of things going on in here And then that also meshed very nicely with the previous education already had so You know what once I started to understand and digest what in it took a little bit To be honest, like I started to understand and digest what he was talking about I was then able to see the markets in it. It was a revelation. I saw the markets in a totally different way Really and and man, did that help me? So, you know to really understand what drives these markets then to understand like for example A head and shoulders pattern a double bottom pattern volume profile patterns doesn't matter what pattern You can look at the order flow within it. It is the order flow that makes up the pattern Okay, now, you know, I if it's fibs. I'm not a believer in the fibs And all the different golden ratio levels and all that kind of stuff, but if you are, you know, fine Just look at the order flow around it All right now the volume profile made some pretty good sense to me To understand that it's made up of the transactions of traders and a lack of transactions like right here This kind of finished edge in here, right? There's not a whole lot of transactions down here. Well, it makes sense then That if you don't get sellers in here You'll get buyers and they'll trade it back into where they can transact which would be up here 77 you know Now we've got two different volume profiles, which is which is nice in here So we can see that there's actually a bit of a skew here Look at this B shape profile here Okay, well, there's not a whole lot on the on the session range svp session range volume profile But on this chart range there is So i'm still looking to see if we get sellers here If we can get sellers here, we should be able to break into well 70 looks pretty good To test this this kind of low volume node in here. Yeah, so Looking let's see if we get them looking for them right now, right right in here Looking for our sellers and then boom looking for 70 And again, we can look at this in here and say is this really high probability not really Not really they're on the bid at the higher level here that they're a bit on the offer here as well That's not bad, but now they pulled Okay, so we want to see we don't want to we want to see it dark in here And we want to see the amount of offer here followed by Selling that's what we want to see for a high probability move We did see that in the beginning of the webinar So that's when we're looking for the push Uh upwards Hit the like button and show Bruce some love. All right. Thank you We got some help in here from the book map side They put the poll in there for you guys as well. All right, so let's see here. Let's wind it down here Uh, hold on a minute. Oh, okay. Well look look what happened guys. We did get down to 70 now again Like you know, wasn't that really high probability? Look what it needed to chew through To get down there. All right. This is a lot harder to read this in here Okay, so it did it but you know, look it just look for something that has all the pieces Okay, so and this this also tells us something there's some selling pressure in here Right, it had to trade into all of this to get down here All right, so then again look for more selling right now and this let's see how they're pulling now Well, let's see then if we can get the move through this and cut through this 70 level and maybe back down to 65 and 60 Right, so there there you go. There's another reading of the order flowing in a kind of secondary way there Okay, so we're looking for these sellers to come in here Uh and then trade trade lower Okay, now, you know If you didn't have this information you might not come up to that scenario you might be thinking well I'm just going to buy the low volume node and trade it back to the you know 77 high volume node Well, not if you get sellers here If you get sellers here, they're going to whip right through this and anyone who buys in here is going to get stopped out down into here Okay, so that's why this this is how order flow can help you Okay, and look for these moves in here Okay, whereas your volume profile, it's not really helping you there the order flow certainly is though Anyway, guys, let's wrap it up. We'll call it a day. Thank you everybody. Uh, thanks for uh coming in and uh, we will um We'll see you on monday. That'll be halloween Uh, you know, we're doing a a little kind of a funny thing on discord there If you want to come in and and uh show us your scariest charts right to show us what uh You find uh find very scary here in the market. Uh, and uh Uh, I like the concept here. So, uh, I'm not sure what I'd put in here As the scariest uh in today's action. Uh, maybe something like, um I don't know. I I still kind of like this in here. It's kind of spooky stuff. Uh Uh Truly truly spooky like why did this stop in here? You know when they pull they're pulling their liquidity I mean, that's just weird. Um, uh, nonetheless, that's what happened and they came back and went their liquidity again in here Right. So anyway, go figure. Uh, so guys, uh, thanks again. Uh, give us the like hit the like button there subscribe to the channel Uh, we'll do more of this kind of education for you And uh in more and more detail we went through lots of different things in here Higher time frames we're looking for that move to the upside. We look to the order flow in here uh around this, uh 50 level 49 50 level up to about 65 60 65 Nice 15 point move. We're still looking then for it to go a bit higher after some pull backs And we had our reasons and then we also had some reasons for some of these pull backs in here as well So some good stuff today So, but yeah, thank you all and uh, yeah, happy happy weekend everybody We'll catch up with you guys on uh on monday. Okay, uh, tom stay tuned for tom b next Or he's probably already going so you can join in that and then following that right after that We've got uh a dug options with dug. Uh, he's going to go through his options play and then, you know from God, they were in early the algo boys were in early today. They they were streaming their You know significant algo algorithmic activity levels Earlier Around eight I would say I think they were in So go check them out as well Look for order flow events around some of their levels some really good stuff guys really happy to bring all these things to you Um, I think we really have something good something strong. Uh, that that provides a lot of value for you guys Okay, have a good weekend everybody. We'll see you on monday


Okay, the great service brought to you by did you key any to prove ladies these are powers of engineering to find stuff on did you key calm lady to what Are you going to show? Okay, so let's go the overhead cuz I'm actually gonna show off just the things I've shown off But again in brief to enter this word segment. Yeah Whoa, whoa so much too much. Okay, so Once upon a time there were computers that had serial ports on them. Can you show the serial port image? Which right and then down to down one this one. Yeah, so once upon a time computers had serial ports and This is a 25 port serial port. Maybe it's a parallel port, but they had 9 pin or 25 pin ports on the back and you could send and receive, you know 8-bit serial data Plus minus 12 volts, but then you know you could convert that to to 0 to 5 or 0 to 3 volts and use that to send and receive data from your electronics and this was amazing and wonderful and we were in the garden of Eden and then You know people took away serial ports and then they were like well We took away your serial port, but it's okay because we're gonna replace it with a USB port and For like about 10 years Microcontrollers did not have USB ports, but they did have serial ports and so we were in this weird murky period Nowadays more chips have built-in USB ports. I'll show one, but if you go to the next image You can use something called a USB to serial converter And this is one of the first circuits I made because it's very handy It takes USB on the left you see a USB B type and on the right you see, you know There's a chip and then a crystal two LEDs and then a couple pads The pads are not labeled because this before you could get so screen on PCBs for free Ground power RXMTX and so the chip in the middle there, which is the FT232BM I believe was a chip that all it did was connect to USB and present a USB port peripheral and convert that to serial and Go back to the computer A lot of microcontrollers now have native USB So actually I'll show I'll just showing this can get it overhead So a board like this Sanity 51 base board It's the Cortex M0 and it has USB and you'll notice there's no chip in between it's just this chip in USB It has a native USB converter Compare that to the UNO which is earlier And so you have the microcontroller and then this little chip here as the USB serial converter And on the Metro Mini We also have two chips Chip USB Converter and and you know the the micro bit actually also basically has a USB to serial converter Although it's USB slash serial slash JTAG whatever but it has a little converter chip and They're not incredibly expensive, but you know, they're they're an added cost But you know if you're dealing with something like a risk 5 chip It doesn't have native USB or some some chips just don't have it and you might be stuck with the chip You have to use or you're upgrading some old design use a USB serial converter. And so I showed the image of the FT 232 BM that one's actually no longer made It was replaced with the FT 232 RL, which I also think is is possibly close to being discontinued So this This I think uses a CP Yeah, this is a CP 2104 And that's another popular side labs also makes USB serial converters Of course The CP 2104 was discontinued as as chips are want to do and it was okay for you know Three or four years because it was like discontinued because they'll get it but now it's really discontinued It was it's been you know, they're no longer making the 04 why I don't you know, maybe there's a little mistake in it Maybe they want to update it So it's been replaced and then for Arduino what they do Which I think is interesting is they use actually a different microcontroller the at mega 30 sorry at mega 16 you too The U stands for USB. It's one of the first USB native chips that At Mel made now you might say well wait a minute if this is and my controller is basically same as this Why not just have one well the Leonardo does it kind of combines both of them But there there are reasons why you might want to have separate We know mostly because there's a ton of code for this chip out there like like tens of thousands of projects maybe a hundred thousand projects and This is just a way of keeping it alive And I think one of the reasons that are do we know did this they what with my controller is to avoid that like oh The parts discontinued or we don't have control over it or or we don't want to customize a little bit Also, it can act as a generic CDC device on your special driver a couple reasons But and I'll say this is always a valid thing to do You can always take a microcontroller and make a converter that said, you know I kind of like for this Incense I do sort of like to use chips that are off the shelf that just kind of do one thing and one thing only I'm always a little nervous when you combine two microcontrollers. I always feel like you can do it But there's always a little bit of risk So let's go to Digi-key, and I'll show you the CP 2104 which is again the chip I Have loved and used and you know, it says that it's available, but it's it's an R&D You know not recommended for new designs and having talked to Silas, you know It's a good idea when this comes up talk to the company and ask them like what do you mean by that because believe me companies have very Wide ranges of what they mean by not recommended it could be I mean I would have the from Sylab is the si I think one one four three You know light sensor and it's been an R&D for like eight years and I can still get it, right? But it's they're like we prefer use a different chip, which they also discontinued anyways So the Sylab ship is not available. Believe me. I have like the last shipments that they're making They're like we're done But they do make others and they'll say that it was trying to search for like USB to UR I wasn't it wasn't as easy to find the category Because it's it's a little it's a little weird location So what I think I found easiest to do is just to click on the function because it's a very specific function and Let's just view all the similar ones. There's a couple some of which are a little bit like it's a bit intense But we just want active ones because we don't want to get stuck again. I think yeah, and So there's a couple options. So I'll say that of the chips There are a few families. So microchip makes MCP to to you know, they have a series of chips Sylab's like I said Cypress Max linear never tried FTDI I have used a lot so my personal opinion is The microchip ones are good But they really are a microcontroller That they are reprogramming to act as a USB to serial converter which is I'm not against but I just haven't haven't used as much The one time I used Cypress It was also microcontroller that they had we basically just reprogrammed and they package it programmed with USB Serial converter code on it and I found it was a little flaky What do I mean by that so? USB serial converters. It's like you'd think it only has one job to do how hard can it be But there's actually a lot of little lot of little details For example, when you open up the serial port what happens to the control lines the DTR and the RTS and the CTS lines and Some plate, you know, some chips like toggle them back and forth Or some of them they don't have like when you try to set the control lines. It doesn't quite work Some of them only support a certain number of bot rates So they only support, you know, 1200 to 115k They don't support the ultra-high bot rates like 3 megabot and you're probably like well When would I read 3 megabot but you will write there's always that once in a while that chip That's like it really wants to be run at 1 megabot or higher and it's really high I need pretty good precision to be able to do Serial at that bot rate. So that's another thing or weird bot rates like 31 to 50 31 to 50 isn't a you know multiplier of 9600 or 2400 But it's used for MIDI and that is also pretty useful too once in a while You need something that takes, you know USB serial and can convert it to a MIDI bot rate Or on the ESP age of 66.  And so I will say I've I've tried a lot of Converters and they're not all equivalent. They're not all drop in You definitely want to use it in the weirdest cases that you expect to use it Especially weird bot rates high bot rates And control line, you know noodling Any questions? Yeah, we'll do a question during a great search if that's okay. Um What's the drawback of using a chip as a controller in a converter? Um, you know, it's actually probably okay these days because I think if you use like td usb, it's really solid um There's just um, just make sure again It does control line staff make sure that it does the ball rates you want um You know, some of these are just like, you know, like the silabs and ftdi ones that really rock solid and you know, you use them and I've never had an issue um I just think it's riskier if you use your own chip, although you might be able to save a couple Couple cents, you know, it depends on the quantities you're purchasing. Of course, it's another programming step. You have to take care of It's like another part of your um Production process, which might be annoying. There's also the chance that it gets. Um, it gets erased somehow You know, um chips if if you don't set like your brownouts or if there's a boot loader, it could actually get damaged Um, you know once in a rare rare while, you know, people would get arduinos that we manufacture and they'd say oh The chip has it's coming up as the dfu the 16u2 got erased And we can never figure out why because it would never have made it through the test procedure If it hadn't gotten programmed but something it was really rare again It was like one out of like 10 000 and we just replaced them and we you know We eventually did I think figure out we kind of like added a secondary check or something Um, but it's just it's just another thing that can fail basically Um, so that said, uh, you know the ft series are really good. Um, just look like there's a lot of these in stock One thing that is in stock is the um, again, I haven't tried the mix linear although i'm curious to um, but the cp 2102s I found to be um Very good and reliable. I like these chips, you know, and i'm revising the cp 2104 to use them They're not fully pink compatible with the cp 2104 They're really close, but they do need an extra resistor divider, which I think is what changed I think what what made them switch from the o4 to the o2 is probably Something with the voltage detection, you know, maybe um, there was some risk of damage and so um Yeah, the cp 2102 is maybe a little bit more reliable Right, because it's like these are installed in in so many devices But these um, these are pretty good chips and they come in. Um, I'll say they come in a different couple different flavors This is the 20 pin And they also come in, uh, I think a 28 pin this is the 28 And then I think they come in a 24 and the 24 is like the default is the default maybe I don't remember but look at you look at the data sheet. Yeah, there's the 20 and the 24 and the 28 Um, and the each one is of course a larger package, but it has more like control lines and leds and gpio type things So, um, that said, um, I do like the the silo ones and like the ftdi ones those have been The most reliable for me and the ones that can do the highest baud rates, you know, flawlessly pretty much Okay, that's a great search


Good morning, good afternoon, good evening, wherever you're hanging from, welcome to another episode of the OpenShift Container Storage Office Hours. I am Chris Short, Executive Producer of OpenShift TV. I am joined by two wonderful storage admins from Red Hat, the Michelle De Palma, as you'd normally see on the show this time of week, and Eric Nelson, please, Michelle, introduce yourself and then pass it off to Eric if you can. Sure, hi, it's Michelle De Palma again from the Cloud Storage and Data Services BU. And this morning, I thought it would be really fun to do a migration from OCS3 to OCS4. So that would be from Gluster to Seth. So, to do that, to do that, I reached out to some teammates and eventually I got in contact with the wonderful Eric Nelson who's from the Migration Toolkit from Containers Team. And it turns out they have a toolkit for doing this and it's actually really cool. And I thought his ideas and going through it would be really useful to our users. So with that, I'm gonna ask Eric to just give himself a brief introduction and tell us about the setup you're seeing on my screen right now. Hey, everybody, my name is Eric Nelson. Like Michelle said, I work on the Migration Toolkit for Containers. I'm the manager on that team. I was an engineer before that on the project. It's been around for a couple of years at this point. We started the project about two years ago in February. And so the goal of the project initially was to help people move their application workloads from three to four, from OpenShift three to four because of the, there were no in-place upgrades from OpenShift three to four. So we needed to help folks move their app workloads. And that was the strategy that we decided to take was that we sort of separated the control plane from the application.


Well, I think the way that we've changed the way we look at data in the energy industry is quite fundamental and it's actually deeply cultural. Maybe in the past, in the past decades, people were maybe more inclined to keep data to themselves, maybe to their function or to their organisation. If we open up the data and share it much more, the way that OSD enables us to, we will in the end make better decisions for our industry, which is key. The link between the hyperscalers and the energy industry, which OSD enables is fundamental and I would first like to point out that we're really happy with the way that the multi-scalers are leaning in into this effort. In a sense, they're helping their own cause because it accelerates the speed with which the energy industry will leverage the cloud through things like OSDU. So they're leaning in exactly at the right points and they're essential for the success of OSDU. The key challenges today in bringing OSDU into operations are the change management. We have to anticipate and to support the changes in their workflows, in the tools and also we have to anticipate and train our final users. The second challenge is the competencies. We have to anticipate the competencies in IT, in data and also in disciplines. And finally, the challenge is we are talking about building the operational run mode in the maturing ecosystem. Alone, it's very complicated to do it, but together with the cloud providers, with the international software vendors and with the operators, we can do this. The OSDU Forum is delivering both data standard for the energy industry and a commodity data platform. OSDU's standard particularly is opening up great opportunities for the entire industry, operators, cloud service providers, as well as independent software vendors. As we open up the standard to enable interoperability of applications, where this really helps operators is it allows us to dynamically change our workflows, build new tools, integrate solutions that are new and best in class to solve our toughest challenges. I think the key thing to know is that the data itself hasn't changed. It's the technology that enables us to work with the data efficiently. As an industry, we have always been challenged with finding the data, trusting the data, using the data and sharing the data. Because it's been siloed, it's been in different applications, it's been tied to specific disciplines. What we see now, what's happening across the industry and other industries, is the data can be pulled out of the silos. It could be made available across, it could be worked as data and not tied to a workflow. And I think that is the journey we're embarking on with OSDU. We're building a solution that we would like to have life cycle on and scaling for 20 years, 30 years through the energy sources we have today into new energy sources. So each of us can't do this alone. We need to do it as a community. I think that is the key.