YouTube2Text

100 points on NQ Shorts on Funded Account |🔴 Live Futures Trading | Order Flow & Prop Firms — Transcript

by Christopher Creamer | Orderflow Trader · 8,345 words · 1,312 segments · language en · Watch on YouTube

Full transcript

  1. 1:20All right. What's the deal?
  2. 1:25Let's see.
  3. 1:45All right. So, today we're going to be
  4. 1:47trading some NASDAQ futures, maybe some
  5. 1:50gold, but
  6. 1:52I'm going to have to see.
  7. 1:56We're going to try and not
  8. 2:00destroy my account today. Honestly, it's
  9. 2:03Friday. There's literally nothing worse
  10. 2:07than uh
  11. 2:09destroying an account heading into the
  12. 2:11weekend. So,
  13. 2:14that is going to be goal number one is
  14. 2:18to just keep the account.
  15. 2:20I think it's our second day on this
  16. 2:22funded account. And then I'm also going
  17. 2:23to be trading um
  18. 2:27probably this Eval later today to try
  19. 2:31and pass it with Alpha Futures.
  20. 2:35So, we'll see how that goes. But I'm
  21. 2:37going to start the morning off trading
  22. 2:39um the top step because
  23. 2:44it's more important to me right now
  24. 2:46because it's a funded account.
  25. 2:51What I'm looking at though is uh
  26. 2:57one second.
  27. 3:23All right, let's see if you can see the
  28. 3:25screen. All right, so we got Trading
  29. 3:27View right here. On the left side of my
  30. 3:29screen is my footprint charts. This is
  31. 3:32like uh orderflow.
  32. 3:35It's really what I use mainly when I'm
  33. 3:38looking for entries, but I always mark
  34. 3:40up my Trading View chart, which is
  35. 3:42what's here on uh on the right.
  36. 3:47But what I've been looking at is on a
  37. 3:49higher time frame.
  38. 3:54So if we were to look at like the hourly
  39. 3:55right
  40. 3:58right around here around this uh 880 900
  41. 4:02level I've been waiting for us to break
  42. 4:05past this although we've been kind of
  43. 4:07consolidating
  44. 4:09for
  45. 4:11almost the entire month so far. So,
  46. 4:13we're like 12 days into the month
  47. 4:16and um realistically when we were kind
  48. 4:20of stairstepping our way up here, I was
  49. 4:22expecting price to come down into the
  50. 4:26500 to 400 area before it continues up.
  51. 4:30So, then we ended up kind of making that
  52. 4:32move yesterday. Um and I thought we were
  53. 4:34actually going to take it towards the
  54. 4:35end of the day with what was happening
  55. 4:37in the last hour, but we ended up
  56. 4:41gapping down. So,
  57. 4:43I mean,
  58. 4:46I'm still bullish. So, basically, I'm
  59. 4:49still I still believe that we go higher.
  60. 4:52Although, I am prepared for that to
  61. 4:54change. If it just so happens that we
  62. 4:57start dumping, then I'll be prepared for
  63. 4:59it. So on the lower time frames,
  64. 5:05five and the 15,
  65. 5:11the main target I'm going to be looking
  66. 5:12at today
  67. 5:14is for us really to go higher to start
  68. 5:17filling some of this gap. Now, we may
  69. 5:20fill the entire gap. We may not fill
  70. 5:24the Well, we may we may not fill the
  71. 5:26entire gap. It may just be like 50% or
  72. 5:28we may just blast through it. But
  73. 5:34we are pre-market right now. It's about
  74. 5:3620 minutes until open. So
  75. 5:42going to try and see if we can find
  76. 5:45something to
  77. 5:48take for us to go higher and uh target
  78. 5:51up there. Could be a good move. Could be
  79. 5:54100 points if we get the right entry.
  80. 5:57Even if it's 20 points, 15 points,
  81. 5:59doesn't matter.
  82. 6:02I need to honestly lock lock in the uh
  83. 6:06five days for this funded account. So,
  84. 6:08I'm going to be trading MNQ probably
  85. 6:11going like five micros depending on what
  86. 6:14the volatility is looking like.
  87. 7:38And I guess actually I'm going to
  88. 7:39explain what it is I'm looking at on my
  89. 7:41footprint. chart like what is this
  90. 7:43right? Cuz maybe people don't really
  91. 7:45trade footprint
  92. 7:47or they might look at my chart and say
  93. 7:49like what the [ __ ] is going on? So um
  94. 7:54basically what I'm looking at here is
  95. 7:56I'm looking at fiveminute candles. So
  96. 7:57these are just like your normal you know
  97. 8:00five minute candlesticks.
  98. 8:02Red is a bearish candle, blue is a
  99. 8:04bullish candle obviously and then on the
  100. 8:07right side here this is basically like
  101. 8:09the dom. So these are resting orders and
  102. 8:13it has kind of like a heat map here. If
  103. 8:15you were to actually zoom in on these,
  104. 8:17you can see the numbers of how many
  105. 8:18orders on MNQ are actually sitting here.
  106. 8:21And again, these are resting orders. So
  107. 8:23they get added, they get removed um kind
  108. 8:26of throughout the day. But I do like to
  109. 8:28look at it where orders are resting. So
  110. 8:31you know, you might have a lot of orders
  111. 8:32right here or orders right here. But
  112. 8:34again, they don't need to stay there.
  113. 8:37They can disappear at any time.
  114. 8:40But I like to use those as targets
  115. 8:43sometimes,
  116. 8:45kind of like a magnet where price is
  117. 8:46attracted to. But um
  118. 8:50when we actually look at the candles,
  119. 8:52the first thing you might notice is that
  120. 8:53there's like a blue cloud inside of my
  121. 8:56candles and there's a yellow box. So
  122. 8:59inside of these fiveminute candles, what
  123. 9:01I'm actually looking at is um
  124. 9:04volume. So I'm trying to see where the
  125. 9:06volume is for the fiveminute candle
  126. 9:08because it's essentially telling me like
  127. 9:12where activity was happening within that
  128. 9:14fivem minute candle. So the more vibrant
  129. 9:17the blue is means that there's more
  130. 9:19volume. And then you can also see it's
  131. 9:21basically looks like a uh volume profile
  132. 9:24because that's what it is. And on the
  133. 9:26inside of the candle, well actually
  134. 9:29first this uh yellow box right here is
  135. 9:33the PC or the point of control of the
  136. 9:35individual candle itself. So it's
  137. 9:38basically like where the most volume was
  138. 9:44on the fiveminute candle at the exact
  139. 9:46level.
  140. 9:49And that's really important because you
  141. 9:50want to see, you know, whether or not
  142. 9:54>> because just because just because you
  143. 9:56might see like a bullish candle um or a
  144. 10:00bearish candle, like a red or green
  145. 10:01candle on your chart, it doesn't
  146. 10:02necessarily mean that it was like a
  147. 10:04strong candle in either direction.
  148. 10:06[music] So using volume kind of lets you
  149. 10:09know a little bit of
  150. 10:14how true that momentum is, right? And
  151. 10:18then the second thing that I'm looking
  152. 10:19at is inside the candle. You you might
  153. 10:21notice there's numbers. So what this is
  154. 10:24is like it's the bid and the ask. So on
  155. 10:27the left side is the bid, right side is
  156. 10:29the ask.
  157. 10:31Ask the bid and the ask. If you don't
  158. 10:33know what that is,
  159. 10:35is like um the bid is if you were to
  160. 10:39place like a limit order for you to buy,
  161. 10:41you're placing a bid. If you're placing
  162. 10:42a limit order to sell, you're placing an
  163. 10:44ask. And um
  164. 10:48these numbers are orders that were
  165. 10:49executed at market basically. So
  166. 10:51aggressive orders. These these are not
  167. 10:53resting orders. This is showing what
  168. 10:55actually happened
  169. 10:58in this 5minute candle.
  170. 11:06Is it possible to see in a toss where
  171. 11:08the PC is for both bid and ask and not
  172. 11:10total volume?
  173. 11:15possible.
  174. 11:16So, what do you mean? Because um
  175. 11:21the PC like
  176. 11:24if we're looking at let's let's take
  177. 11:26this candle for example, right? Like if
  178. 11:28we're looking at this candle where this
  179. 11:30yellow box is, this is the PC for both
  180. 11:32bid and ask. Um
  181. 11:40Oh, without using the footprint.
  182. 11:43Do you mean like if you were to be uh
  183. 11:46zoomed out like this whether or not you
  184. 11:48can see the PC?
  185. 11:50Oh, just so it marks it. You know,
  186. 11:51that's actually a good question because
  187. 11:55I usually don't even look at the normal
  188. 11:59candlesticks like this because I have
  189. 12:01like my Trading View chart. But um there
  190. 12:05probably is an indicator in a task that
  191. 12:10would probably do that. But what I
  192. 12:12usually do is I just zoom in just enough
  193. 12:14like this where I don't necessarily have
  194. 12:17to be zoomed in all the way, but I can
  195. 12:20just see kind of
  196. 12:23where it is and it kind of marks it. But
  197. 12:35oh, are you talking about individually
  198. 12:38like uh you want to see on the left side
  199. 12:42where the most bids were and then on the
  200. 12:44right side where the most ask was. So
  201. 12:46then there's almost like two PC's per
  202. 12:48candle.
  203. 12:59because I don't know how to do that.
  204. 13:00I've never Oh, gotcha. Yeah. I mean,
  205. 13:02I've never um I've never done that. But
  206. 13:06if you were to go into a task, right,
  207. 13:08and we can look at some chart [music]
  208. 13:10settings.
  209. 13:12If you were to go into like the cluster
  210. 13:14settings, right now I have it as bid and
  211. 13:17ask and um the mode is volume profile.
  212. 13:21But if you change it to like bid and ask
  213. 13:23ladder, then what happens is you start
  214. 13:27to see the PC just for one side, but it
  215. 13:32doesn't show both of them, right?
  216. 13:33Because the PC
  217. 13:35ideally the idea or like realistically
  218. 13:37the idea is that it's trying to show you
  219. 13:40the most amount of orders just for the
  220. 13:42candle itself. See how there's two PC's
  221. 13:45right here? That's because those numbers
  222. 13:46are actually equal. So
  223. 13:50now they're not. So it's not uh it's not
  224. 13:52the same anymore. But there are ways to
  225. 13:55make it show only one side of the bid or
  226. 13:59ask where the PC was like uh had more
  227. 14:03whether it was buyers or sellers. But I
  228. 14:06don't know how to make it so that it's
  229. 14:08like both of them. You know what I mean?
  230. 14:13But I'm sure there there might be a way
  231. 14:15to do it, but I've never heard of it.
  232. 14:28Uh, so it's it's actually not like an
  233. 14:30indicator.
  234. 14:32Um, it's a cluster setting. So
  235. 14:36you wouldn't necessarily be able to add
  236. 14:39it twice because like let's say an
  237. 14:41indicator if you were to go in a task
  238. 14:43and like create an indicator or use an
  239. 14:45indicator like the ones that I have
  240. 14:47right here. Um this is not where you do
  241. 14:50the PC because the PC
  242. 14:53is coming from essentially the cluster
  243. 14:56itself or the the chart or like the
  244. 14:59footprint candles, right? So,
  245. 15:02it's kind of like what you might be able
  246. 15:05to do is you might be able to open up
  247. 15:07two charts on the same time frame and
  248. 15:11then adjust the cluster settings so that
  249. 15:13you have like two side by side charts
  250. 15:15that are showing different things for
  251. 15:17the PC.
  252. 15:19Um,
  253. 15:22that might be the only way that I could
  254. 15:24think of it honestly.
  255. 15:26So you might just need two charts
  256. 15:28because you wouldn't be able to add like
  257. 15:30a
  258. 15:32cluster setting twice to the same chart
  259. 15:34because it's just like that's basically
  260. 15:36the same as like the chart settings
  261. 15:40explain my trading model. So, basically,
  262. 15:45lock what I what I'm looking for when it
  263. 15:49comes to
  264. 15:51like day trading is
  265. 15:56when I'm trading the NASDAQ,
  266. 15:57realistically, I'm only trading market
  267. 15:59open until
  268. 16:02an hour to an hour and 30 minutes into
  269. 16:05market open. And what I'm looking at
  270. 16:08specifically is I'm realistically
  271. 16:10looking at what happened with the
  272. 16:12sessions. So I want to see so this blue
  273. 16:15box right is Asia session and then the
  274. 16:18red box is London session and then now
  275. 16:20we are creating New York. So, typically
  276. 16:23what I'm looking for is
  277. 16:26um I'm looking for us to kind of target
  278. 16:30highs like uh highs or lows basically
  279. 16:33like market structure, right?
  280. 16:36Well, actually, let me back up for a
  281. 16:38second. So, the first thing that I do
  282. 16:40every morning when I wake up, right,
  283. 16:44is I go to the daily time frame
  284. 16:47and I'm trying to see kind of what's
  285. 16:49going on. Now, realistically,
  286. 16:52what I'm thinking right now is we've
  287. 16:54been pushing up.
  288. 16:56We are going to eventually break this uh
  289. 16:5925,900
  290. 17:01level and then potentially move to
  291. 17:04all-time high. Now, whether that's going
  292. 17:06to happen like this week or next week or
  293. 17:09before the end of the year, I don't
  294. 17:11know. But, um ultimately, we're still
  295. 17:14bullish. Like, this is not on a higher
  296. 17:16on a higher time frame. This is still
  297. 17:19bullish. It's bullish until we start
  298. 17:21getting down here in my opinion. So I go
  299. 17:25to the daily and then I look at the 4
  300. 17:26hour.
  301. 17:28The 4our
  302. 17:30consolidation when we were kind of
  303. 17:33stairstepping our way up here um in the
  304. 17:36beginning of the month, I knew that we
  305. 17:39were kind of stalling out up here and I
  306. 17:41wanted to see us drop down first, take
  307. 17:44out some of these lows here before we
  308. 17:45make the move up. And I thought that
  309. 17:47that was what was going to happen
  310. 17:48yesterday. So I actually ended up taking
  311. 17:52a long position right here at like 414.
  312. 17:55I posted on my short [music] and I was
  313. 17:57trying to target all the way up here for
  314. 17:59like 270 points or something and it went
  315. 18:03like 200 points and then came back and
  316. 18:06hit me out for like 100 points cuz I tr
  317. 18:08my stop. So, but basically
  318. 18:11to answer your question, it's more so
  319. 18:13like I'm looking for where do I think
  320. 18:15price is going? Okay. Well, I think
  321. 18:17price is going higher
  322. 18:19personally. So then when we drop down to
  323. 18:22a lower time frame, I look at like the
  324. 18:2415 and the five. If price is going
  325. 18:26higher, if I think price is going to go
  326. 18:28higher,
  327. 18:30I'm trying to find a way to enter into a
  328. 18:34position to go higher. Now, ultimately,
  329. 18:37you know, if you were to be looking to
  330. 18:39go long, you might be targeting target
  331. 18:41targeting like uh these highs. You might
  332. 18:44be going for the gap fill. You might be
  333. 18:45going for that 900 level. Although, if
  334. 18:48we do go up there today, that would be
  335. 18:49like a [ __ ] insane move. So,
  336. 18:52realistically, it's I don't really think
  337. 18:54it's going to happen today. But
  338. 18:57once I get an idea of where I want the
  339. 18:58direction to go, then what I'm looking
  340. 19:01at is
  341. 19:03I'm looking at the shortest or the
  342. 19:05nearest target for longs. So in this
  343. 19:09case, it would be like London highs,
  344. 19:10Asia highs. So like
  345. 19:14right now for market open, what I'd be
  346. 19:17wanting to see is maybe targeting here.
  347. 19:20right now. There is a potential we can
  348. 19:23go lower, but
  349. 19:26I do think that we're probably going to
  350. 19:27go higher. We may we may manipulate
  351. 19:29lower first and then go higher. That's
  352. 19:31always a possibility. So, you got to
  353. 19:33keep it in mind. That's why you don't
  354. 19:35really want to trade like right when the
  355. 19:38market opens cuz like sometimes there's
  356. 19:40just like nasty volatility. But once I
  357. 19:43have an idea of where I want it to go,
  358. 19:45then I start looking at footprint and I
  359. 19:47start looking at
  360. 19:50how I can enter into a trade. Right?
  361. 19:53So basically when it comes to what I'm
  362. 19:56looking for on footprint for my actual
  363. 19:58like entry model for
  364. 20:02you know taking a trade
  365. 20:06is um
  366. 20:09first things first is like you want to
  367. 20:11see where resting orders are sitting
  368. 20:13right and they're usually sitting around
  369. 20:15to be honest they're usually sitting
  370. 20:17around like psychological numbers or
  371. 20:19like round numbers right so like 25,500
  372. 20:2200 25,550.
  373. 20:24There were orders here at 25,600.
  374. 20:27Every 50 points or so, you're going to
  375. 20:30see orders sitting there. Now, that
  376. 20:32doesn't mean
  377. 20:34um that you want to target those or wait
  378. 20:36till those get taken out or whatever cuz
  379. 20:39you know, sometimes these orders just
  380. 20:40get removed. But I do like to understand
  381. 20:42where they are when I'm [music] looking
  382. 20:45to trade, right? Because sometimes when
  383. 20:47you have big orders resting or like a
  384. 20:50lot of orders resting at a certain
  385. 20:51level, um price could be attracted to
  386. 20:54that. Like sometimes you hear um people
  387. 20:57talk about like
  388. 21:00liquidity or oh I wait for liquidity
  389. 21:02gets swept or but they're just talking
  390. 21:04about like uh highs or lows like
  391. 21:09I guess it's like what ICT traders do
  392. 21:12but realistically there's liquidity
  393. 21:14sitting all without within the market.
  394. 21:16Like this is all liquidity right here.
  395. 21:17Like there's liquidity here. There's
  396. 21:19liquidity here here. So price obviously
  397. 21:23needs to
  398. 21:25move to where orders can get filled.
  399. 21:28It's like kind of how the market
  400. 21:30functions, right? So then what I need to
  401. 21:33do is I think we're going to go higher.
  402. 21:36So I need to find an entry where
  403. 21:40I see buyers stepping in on the
  404. 21:42footprint chart and I see order flow
  405. 21:45basically showing me that it's bullish
  406. 21:48so that I can try and take it higher.
  407. 21:49Now, there's a couple different actual
  408. 21:51like specific entry models that I have
  409. 21:53and eventually I'll probably make videos
  410. 21:55on it. I don't want to kind of get into
  411. 21:58it right now just because I am about to
  412. 22:00try and trade. But um you can see when
  413. 22:06buyers are stepping stepping in or
  414. 22:08sellers are stepping in and I use big
  415. 22:10trade indicators to let me know like uh
  416. 22:14the intention of the market because
  417. 22:17sometimes this is like a lot of noise,
  418. 22:19right? Like uh the market kind of just
  419. 22:22moves back and forth especially before
  420. 22:25open.
  421. 22:26But
  422. 22:28I want to see like cuz what you're going
  423. 22:30to see today if you're watching if you
  424. 22:32continue watching the stream is like
  425. 22:34we're going to open up right in about 5
  426. 22:36minutes. And what's going to happen is
  427. 22:38you're going to start seeing volume pick
  428. 22:40up pretty crazy and you're going to
  429. 22:42start seeing these candles kind of
  430. 22:43whiplash around.
  431. 22:45And then what you're going to see is
  432. 22:47you're going to see a move in one
  433. 22:49direction. You're you're either going to
  434. 22:50see a lot of sellers or big sell orders
  435. 22:54try and push price lower. And then once
  436. 22:56that happens, I'm looking to see whether
  437. 22:58or not they can continue with that
  438. 23:01selling pressure and [music]
  439. 23:04basically keep the momentum or if that's
  440. 23:06going to die out and essentially get
  441. 23:08absorbed, right, [music] by buyers. And
  442. 23:11when that happens, like let's say you
  443. 23:13have a lot of sellers trying to push
  444. 23:16price down and they're just running into
  445. 23:18a wall of buyers and they fail to push
  446. 23:21price lower. And if the buyers take over
  447. 23:24and there's more buyers, then what ends
  448. 23:25up happening is when price comes back
  449. 23:28up, everyone who was trying to go short,
  450. 23:31they're going to have to get out of
  451. 23:32their position. And if you were in a
  452. 23:34sell, the only way to get out of your
  453. 23:36position is to buy, right? And so it
  454. 23:38essentially adds to um the pressure, the
  455. 23:41buying pressure. So
  456. 23:45to give you the game plan of what I'm
  457. 23:46going to do, I'm looking for longs. We
  458. 23:49may manipulate lower right now and take
  459. 23:52out these lows. I'm not gonna try and
  460. 23:54trade that. I'm going to be looking for
  461. 23:57a potential long position, but I do I
  462. 24:00will understand if we do get too low
  463. 24:02like
  464. 24:04if we start plummeting today and I don't
  465. 24:08see like any type of buying pressure or
  466. 24:13buying coming in, then obviously I'm
  467. 24:16going to understand we're not going
  468. 24:17higher today. And then I'm going to
  469. 24:19start looking for shorts and may even
  470. 24:21just try and scalp some low hanging
  471. 24:22fruit. But what I need to wait for is
  472. 24:25the market to open right now and I need
  473. 24:28to see a catalyst. A catalyst is
  474. 24:30essentially a very aggressive attempt to
  475. 24:33move price. And
  476. 24:36it's either going to be to the upside or
  477. 24:38the downside. And once it happens, I see
  478. 24:40how price reacts after that catalyst
  479. 24:43happens essentially. And then I make a
  480. 24:45trade decision off of it. Sometimes I
  481. 24:47wait for and I'll explain it if I take a
  482. 24:50trade. I'll explain what I'm actually
  483. 24:51looking at.
  484. 24:53That's a very long winded version. It
  485. 24:57may have been confusing, my bad, of how
  486. 24:59I uh day trade every morning, but I'm
  487. 25:03really only looking for like one or two
  488. 25:05trades in the morning.
  489. 25:08And I'm just waiting for market open. I
  490. 25:11have an idea of where I think price
  491. 25:13should be going on a higher time frame.
  492. 25:16I understand that there could be
  493. 25:18manipulation in the opposite direction.
  494. 25:21So when the market opens, I wait to see
  495. 25:24where price goes, what the order flow
  496. 25:27actually looks like, how aggressive that
  497. 25:29pressure is,
  498. 25:32and then I try and take a trade with I
  499. 25:35try and go with the the pressure
  500. 25:39obviously
  501. 25:40because
  502. 25:42if we're just plummeting and there's
  503. 25:44like huge sell orders coming in and then
  504. 25:45you're over here thinking like, oh, we
  505. 25:47took a low, I'm going to buy it. Oh,
  506. 25:49there's so much aggressive like uh
  507. 25:53selling pressure.
  508. 25:55There's no reason to like jump in front
  509. 25:57of that, right? Or like let's say on
  510. 25:59those days where we're kind of like uh
  511. 26:02grinding up slowly and then you keep
  512. 26:04having these traders who blow their
  513. 26:06accounts because they keep trying to
  514. 26:07call the top. It's like sometimes
  515. 26:09though, why are you trying to short it?
  516. 26:12Like it's obviously showing you that
  517. 26:14there's no selling pressure, right? So
  518. 26:16you're trying to uh identify where the
  519. 26:19pressure is pushing it.
  520. 26:22So right now we're about to open up
  521. 26:25basically in the middle of this range
  522. 26:26about 50% from the low to the high. So
  523. 26:30what's probably going to happen is we're
  524. 26:33probably going to see price
  525. 26:36either open up wick down and just pump
  526. 26:40or we're going to see it just dump.
  527. 26:43Obviously, it's it can only go two ways,
  528. 26:45right? So, we're gonna wait to see what
  529. 26:47happens. We're gonna wait to see what
  530. 26:50the order flow is telling us. And I'll
  531. 26:51kind of explain it as I'm watching it.
  532. 26:54And yeah, try and take a trade.
  533. 27:02>> Also, by the way,
  534. 27:05this is not financial advice. Don't take
  535. 27:07my trades because if I blow my accounts,
  536. 27:10I could live with that. I don't want you
  537. 27:11guys to blow your accounts.
  538. 27:32So, right now we just took uh these
  539. 27:35lows, right? So now what we're looking
  540. 27:36for is we're going to see whether or not
  541. 27:38the selling pressure can actually
  542. 27:39continue and maybe even target this 500
  543. 27:42level or if
  544. 27:45that was the manipulation down before we
  545. 27:47start making our move back up. So we got
  546. 27:49to see kind of what happens in this
  547. 27:525minute candle. There is it didn't have
  548. 27:55a wick. So eventually this is probably
  549. 27:57going to come back up and make a wick to
  550. 27:58the upside. But what I'm going to be
  551. 28:01watching for is where this PC
  552. 28:04of this candle. And there we go. So
  553. 28:07that's a big sell order. So like now
  554. 28:10that this sell order came in, that was
  555. 28:12like 700 contracts on MNQ, which is a
  556. 28:15decent amount. We need to see what
  557. 28:17happens because
  558. 28:20>> that might have been an exhaustion move.
  559. 28:22Meaning that they try to push price
  560. 28:24right there and it's not happening and
  561. 28:25now they're covering their uh their
  562. 28:27shorts and this is about to just like
  563. 28:29propel up. But we need to see. So
  564. 28:33they're stepping again. So you got to
  565. 28:35wait. You got to wait. Still like the
  566. 28:38first minute of open.
  567. 28:42But what we're seeing is like obviously
  568. 28:45sellers are trying to push price lower.
  569. 28:46Now, are they going to succeed or are
  570. 28:48they going to fail? If they fail, then
  571. 28:50we're going to go long. If they're going
  572. 28:52to succeed, then we're going to wait.
  573. 28:54So,
  574. 28:56>> just got to be patient.
  575. 29:19So they just did it again. So like this
  576. 29:22when I see this happening right now, I'm
  577. 29:24thinking to myself like I probably don't
  578. 29:27want to buy this right now. I have to
  579. 29:29wait. I have to wait to see because
  580. 29:33aggressive selling pressure is
  581. 29:35happening. Buyers are kind of making it
  582. 29:37stall out right here. But eventually
  583. 29:38this is going to give in either
  584. 29:41direction.
  585. 29:43Either the sellers are going to stop
  586. 29:44aggressively pushing price
  587. 29:47and it's going to allow the buyers to
  588. 29:48just
  589. 29:50basically slingshot this [ __ ] back up or
  590. 29:53the buyers are going to give up and
  591. 29:54we're just going to start melting. So we
  592. 29:57got to just kind of wait a second.
  593. 29:59[snorts]
  594. 30:29But I think the game plan for today is
  595. 30:33if I and have a successful trade. I do
  596. 30:36have some meetings later for like my
  597. 30:38work stuff. So, if I can get a
  598. 30:41successful trade and
  599. 30:43lock in a winning day for the top step
  600. 30:46account, I may or may not, depending on
  601. 30:49price action, take a trade on my alpha
  602. 30:52futures evaluation
  603. 30:55and then if all goes well, I'll probably
  604. 30:57just be done in like two trades. on the
  605. 31:00other side. If I
  606. 31:03I think I'm willing to lose like 500
  607. 31:05bucks today on this funded account.
  608. 31:10Oh, I actually have a [ __ ] uh
  609. 31:15I have this account that I [music] need
  610. 31:16to pass, which I'll probably do that.
  611. 31:20I'll probably full port I'll probably
  612. 31:22fullport it later with like three or
  613. 31:24five minis.
  614. 31:27All right. So,
  615. 31:29we're starting to see um
  616. 31:32price come back up. Something I also
  617. 31:34look for um is you might notice that
  618. 31:37like within my candle there's like
  619. 31:40numbers that are in bold, you might see
  620. 31:42them pop up right here. Like if we start
  621. 31:44pushing up pretty aggressively, you
  622. 31:45start seeing these numbers. And
  623. 31:47essentially what that is is it's an
  624. 31:49imbalance.
  625. 31:50Meaning that there's more buyers than
  626. 31:52sellers if it's on the right side. And
  627. 31:53if it's on the left side, there's more
  628. 31:54sellers than buyers. and my settings are
  629. 31:57like a 400% or like four times as many
  630. 32:00than the counterparty. But
  631. 32:04still like we don't want to buy this
  632. 32:06right now.
  633. 32:08You could try to, but I don't want to.
  634. 32:12It may very well just pump,
  635. 32:17but this looks pretty sketchy because
  636. 32:19every single time we get up here, we
  637. 32:20just have big orders. big orders,
  638. 32:26but they may be getting trapped.
  639. 32:29And if they are and we start pumping,
  640. 32:32we're going to pump pretty hard and
  641. 32:34pretty fast.
  642. 33:27And again
  643. 33:30if you weren't here. I do think price is
  644. 33:33going to go higher overall.
  645. 33:37But I need to find like a
  646. 33:41I need to find an entry where my stop
  647. 33:43loss is not going to be like
  648. 33:4850 points.
  649. 33:50So,
  650. 33:53we're going to see what happens. But
  651. 33:57it looks like
  652. 33:59unless we get a big selling order that
  653. 34:02pushes price back down, it looks like we
  654. 34:04may be popping up right now to go take
  655. 34:05the highs, take London, take Asia, and
  656. 34:08start heading towards the gap that got
  657. 34:11created yesterday.
  658. 34:42kind of tempted to full port my Evo
  659. 34:44right now and go long.
  660. 34:58pink.
  661. 35:18Like a
  662. 35:29But yeah, if you guys ever have any
  663. 35:30questions about what I'm looking at,
  664. 35:31just ask me. Or if you see something on
  665. 35:34my chart, you want to know what it is,
  666. 35:36I'll explain it.
  667. 35:41I may or may not
  668. 35:45try and
  669. 35:47full port this evaluation right now to
  670. 35:50try and pass it. I may blow it, but it's
  671. 35:52okay if I blow it.
  672. 36:08So, we got about 50 seconds left in this
  673. 36:10fiveminute candle.
  674. 36:12I'm looking to see where the PC closes
  675. 36:14in relation to uh the close of the fivem
  676. 36:18minute. I don't want it to be above the
  677. 36:21actual close of the candle.
  678. 36:27What I may do is if this fiveminute
  679. 36:30candle closes before it takes these
  680. 36:32highs, I may wait for the next
  681. 36:34fiveminute candle to come down into this
  682. 36:37area, create the wick to the downside,
  683. 36:39and then I'm probably going to try and
  684. 36:41full full port this eval. It's a it's
  685. 36:44not really a good trade idea. That's why
  686. 36:46I'm not going to take it on my funded,
  687. 36:47but I do need to pass an eval. So,
  688. 36:59We're going to try and uh potentially
  689. 37:01force something.
  690. 37:04No.
  691. 37:19What up, EA guy?
  692. 37:56All right, I think I'm going to go long
  693. 38:00on this Evo. I'm going to risk $1,000. I
  694. 38:03got to wait a second.
  695. 38:08Do not if you're watching this. Okay,
  696. 38:10good. [music] Okay, good. Thank god I
  697. 38:12waited for that.
  698. 38:14Oh, good thing I waited for that.
  699. 38:21That would have been that would have
  700. 38:23been hilarious, dude. I would have
  701. 38:24entered that trade and it would have
  702. 38:25been [ __ ] gone in like uh it would
  703. 38:29have been gone in a second, dude. I
  704. 38:31wouldn't even have had time to put my uh
  705. 38:34brackets.
  706. 38:38That would have been disgusting.
  707. 38:40Thank god I waited.
  708. 38:43All right, now we have to really wait
  709. 38:45because this just looks like a mess
  710. 38:46right now.
  711. 38:49Damn. Anybody who was going long, anyone
  712. 38:51who went long down here to try to try
  713. 38:53and target these highs, I'm sorry,
  714. 38:56brother. You just got
  715. 38:59That was disgusting.
  716. 39:02What was that? That was like
  717. 39:0650 points.
  718. 39:17They almost got me, but they didn't get
  719. 39:19me. So, we're good.
  720. 39:31[snorts]
  721. 39:39All right. So,
  722. 39:42I still want to see price go higher, but
  723. 39:45with
  724. 39:47aggressive sellers continuously pushing
  725. 39:49this down, I have to wait
  726. 39:53cuz that was nasty.
  727. 39:56And I want to see how this uh
  728. 39:59how this 15 minutes going to close,
  729. 40:01right? Because if we actually come down
  730. 40:05and it starts to close and flip bearish,
  731. 40:09I'm gonna have to wait and potentially
  732. 40:10not even take longs and start looking
  733. 40:12for
  734. 40:14like a short. But
  735. 41:25All right. So, we're pushing lower. The
  736. 41:2715-minute is flipping um
  737. 41:31flipping bearish. We're about to close
  738. 41:33in 30 seconds on that, too.
  739. 41:39That was pretty nasty, honestly.
  740. 41:52All
  741. 42:08right.
  742. 42:15I'm not going to look for any buys right
  743. 42:18now.
  744. 42:22Not until we
  745. 42:26I'm not going to look for any buys until
  746. 42:27we get past this [ __ ] right here.
  747. 42:31Once we get up here, I'm not going to
  748. 42:34consider buying it until we do that.
  749. 42:39So now if I want to chase and full port
  750. 42:43my Eval,
  751. 42:48>> maybe we try and chase it short.
  752. 42:51>> No, I'm just joking. We're going to
  753. 42:52wait.
  754. 42:57>> If price does come back up, this was a
  755. 42:59pretty nasty move. So what I would be
  756. 43:01expecting at this point is if this is
  757. 43:04true intention here, realistically, this
  758. 43:06should be defended. So, we could come
  759. 43:08back up here to retest this before
  760. 43:10actually going down further.
  761. 43:12And if that happens, I may like it might
  762. 43:16be doing right now. I may
  763. 43:19take three minutes short on uh this EVO.
  764. 43:22But this could be the beginning.
  765. 43:27We could be watching the beginning of a
  766. 43:29very disgusting chop.
  767. 43:33But it's just an EVO.
  768. 43:49Yeah, three minis on a Eval just so I
  769. 43:51could try and pass it,
  770. 43:54but I want to wait.
  771. 43:58I got to cuz I can only risk like $1,000
  772. 44:01so I can give myself two shots. There.
  773. 44:04There it goes.
  774. 44:43All right, this is going to go lower.
  775. 44:46I think it's going to go lower.
  776. 44:50>> Order filled.
  777. 44:55Oh, I need to change my settings on this
  778. 45:03dollar
  779. 45:05save.
  780. 45:09All right, moving to break even. We just
  781. 45:11went $1,000 in profit on that.
  782. 45:16I needed to go down here 508. Start
  783. 45:19heading towards these orders.
  784. 45:24And hopefully we can pass this. It's a
  785. 45:26no activation
  786. 45:27uh top step account.
  787. 45:30I just need to see it snap down right
  788. 45:33now. Uh we're almost
  789. 45:36>> filled.
  790. 45:37>> All right, cool. [music]
  791. 45:39So,
  792. 45:43I'm going to We're done with that one.
  793. 45:46So, at the end of the day, if we don't
  794. 45:49take a trade on the funded, at least we
  795. 45:51just got another funded account.
  796. 45:54So, uh,
  797. 45:57that was kind of a shitty trade, though.
  798. 45:59I'm not going to lie. Basically full
  799. 46:01ported that, but
  800. 46:03it's all right.
  801. 46:08[snorts]
  802. 46:32So, at this point, just to kind of tell
  803. 46:35you what I'm thinking right now, at this
  804. 46:36point,
  805. 46:38let me change my screen.
  806. 46:43We're pushing lower. And if you were to
  807. 46:46look at kind of what's happening right
  808. 46:47here,
  809. 46:50we're having a lot of selling pressure
  810. 46:52go lower. It's still going lower. It
  811. 46:54we're going to go past this [ __ ] We're
  812. 46:56going to continue down. So before I
  813. 46:58consider taking like any type of long
  814. 47:01position, realistically
  815. 47:04there needs to be like some type of
  816. 47:06significant
  817. 47:07indication that the selling pressure
  818. 47:11is
  819. 47:13getting held at a certain level cuz
  820. 47:15until then like all of this [ __ ] could
  821. 47:18just be the retracement before we just
  822. 47:20dump harder again.
  823. 47:24So although
  824. 47:27Although this morning I did want to see
  825. 47:29it go higher. We're going lower right
  826. 47:30now and so I'm the longs are off the
  827. 47:33table until we're like way back up
  828. 47:36there.
  829. 47:38Unless you want to try and catch the
  830. 47:40bottom of this, but that's how I blow a
  831. 47:43lot of my accounts. So, I don't think
  832. 47:44we're going to do that today.
  833. 47:50Let's see if it respects this area.
  834. 47:59Like this area right here.
  835. 48:18And the reason why I marked this out, by
  836. 48:20the way, just in case you're wondering,
  837. 48:23is because this is where a lot of
  838. 48:25selling pressure was. We have a stacked
  839. 48:27imbalance here. We had a major uh sell
  840. 48:30order come in, the largest one of the
  841. 48:32morning, I think.
  842. 48:35No, this was the largest one. So, second
  843. 48:38largest one of the morning. So
  844. 48:41realistically, if the sellers want to
  845. 48:43continue to push price lower, I would
  846. 48:45expect them to
  847. 48:47defend this right here and have this 5m
  848. 48:49minute candle come up here, maybe test
  849. 48:52it and then flip back down. If we start
  850. 48:54pushing higher right here, past it,
  851. 48:58then there's a potential that we may
  852. 49:00just be in a choppy range today for a
  853. 49:05little bit, at least for the time that I
  854. 49:07usually trade. And if that's the case,
  855. 49:10then we don't have to trade the funded
  856. 49:12today. It's a successful day. We didn't
  857. 49:16lose an account yet.
  858. 49:22So, we wait.
  859. 49:25Does look pretty nasty though.
  860. 50:04Man, there's probably a lot of people
  861. 50:06getting
  862. 50:07smoked right now.
  863. 50:10People who went long right here to try
  864. 50:12and target
  865. 50:14>> higher.
  866. 50:24How far did that just retrace back?
  867. 50:2860 points.
  868. 50:31It's disgusting.
  869. 50:40>> [music]
  870. 50:54>> I won't be convinced on any type of
  871. 50:56longs until until we start getting past
  872. 50:59this area.
  873. 51:05And I don't really want to try and go
  874. 51:07short again
  875. 51:09because my overall bias is that we were
  876. 51:11going to go higher.
  877. 51:16Although
  878. 51:18unless I see something that tells me to
  879. 51:19go short, then I'm obviously going to go
  880. 51:20short. [music] But
  881. 51:23I would realistically want to see this
  882. 51:25go higher. It'd be a better trade to
  883. 51:27hold. You could hold it longer, I think.
  884. 52:34Yeah,
  885. 52:36we just got to sit and wait.
  886. 52:40Also, if anyone here plays Clash of
  887. 52:42Clans, join my clan.
  888. 53:13Yesterday's price action was actually
  889. 53:16really nice in my opinion.
  890. 53:20So
  891. 53:27hopefully
  892. 53:28we don't do this all morning, but
  893. 53:33there's a pretty good chance we kind of
  894. 53:34do this all morning.
  895. 53:39And I think I'll give it about
  896. 53:4430 minutes to an hour maybe.
  897. 53:51And if I don't see anything and we just
  898. 53:53continue to mess around in this like
  899. 53:57opening range or whatever,
  900. 54:01I'll probably just go
  901. 54:04do something else honestly.
  902. 54:16But
  903. 54:18we passed it so we're good. So it wasn't
  904. 54:21a waste of time today.
  905. 54:24And then also
  906. 54:26also
  907. 54:30I should probably trade this eval too,
  908. 54:32but we already traded one eval today. So
  909. 54:34I got to focus on the funded. Although I
  910. 54:37did Okay, I have this funded account. I
  911. 54:40took a massive L on it because I was
  912. 54:42trying to
  913. 54:44I was trying to trade silver. Honestly,
  914. 54:46if you guys don't know, like if you
  915. 54:47never trade silver before, it's like $25
  916. 54:50a tick with a mini.
  917. 54:52And yesterday I went two minis on the
  918. 54:55funded account trying to take a long on
  919. 54:57silver. And I was right. I mean, the
  920. 54:59market was going to go up and it did go
  921. 55:01up, but I was wrong because obviously I
  922. 55:04sized way too heavy. I lost like $2,000
  923. 55:07on this account yesterday. So, this
  924. 55:11one's not in very good uh shape. But
  925. 55:14this morning before I started streaming,
  926. 55:17I actually went long um
  927. 55:21right here to target these highs.
  928. 55:26And so, this one's up $700. So, this is
  929. 55:28a funded account, but it's down bad.
  930. 55:32It's pretty down bad. So, we're not
  931. 55:34going to touch that anymore. Actually,
  932. 55:35I'm actually going to walk out of this
  933. 55:36one.
  934. 55:47And also, I'm probably never going to
  935. 55:49trade silver again on a funded account.
  936. 55:52I will trade it on eval because you
  937. 55:55could full port super easily to pass the
  938. 55:58eval on that, but funded accounts maybe
  939. 56:02not.
  940. 56:27Has anybody traded this realistically?
  941. 56:31Anyone watching this? Does anyone
  942. 56:32actually
  943. 56:34guys in a trade? You taking a trade
  944. 56:39in this
  945. 56:41opening range that we're in right now.
  946. 56:48Wonder if like on the one minute
  947. 56:51if there was anything
  948. 56:54people who trade the one minute
  949. 57:21So, a new 4 hour candle open right now
  950. 57:23at 7 a.m. So, new 15, new 1 hour, new 4
  951. 57:27hour, new 5 minute. Um,
  952. 57:31we opened up and we're just pushing down
  953. 57:33right now, but
  954. 57:36we may pop back up right now.
  955. 57:38>> [clears throat]
  956. 57:40>> We may pop back up and go into the range
  957. 57:42or we may just dump. I think I might go
  958. 57:46to this Evo.
  959. 58:05You are
  960. 58:15you are
  961. 59:08So, I'm not seeing anything right now
  962. 59:10that I'd even want to put my money on.
  963. 59:16So, not going to force anything. I'm
  964. 59:19just going to sit here.
  965. 59:21Just going to sit here and wait for
  966. 59:23something to happen.
  967. 59:54All
  968. 1:00:08right.
  969. 1:00:32H wonder if we dump another 100 points.
  970. 1:00:39>> Buyers were never able to get past this
  971. 1:00:41area.
  972. 1:00:44>> Look at all these sell orders right
  973. 1:00:46here.
  974. 1:00:47>> We snap right back up to where the sell
  975. 1:00:49orders were. We're coming back down
  976. 1:00:51again.
  977. 1:01:07You are
  978. 1:01:13you are
  979. 1:01:18you are
  980. 1:01:46Oh yeah.
  981. 1:01:54You are.
  982. 1:02:12All right, let me see.
  983. 1:02:17Let me go back over to top step.
  984. 1:02:20I may try and take a continuation lower.
  985. 1:02:24on my funded account. I want to see it
  986. 1:02:27come up here into this area
  987. 1:02:31and then I might
  988. 1:02:34try and take a continuation short.
  989. 1:02:47I'm going to have to wait to see what
  990. 1:02:49happens.
  991. 1:03:01Just going to go.
  992. 1:03:08You know what? Today may not be the day
  993. 1:03:10for the fun.
  994. 1:03:54All right, I'm going to go short five
  995. 1:03:55micro.
  996. 1:03:56Order filled
  997. 1:04:01>> and I'm going to risk
  998. 1:04:04less than 100 ticks.
  999. 1:04:07I would like to see this uh flush lower
  1000. 1:04:09to maybe 450.
  1001. 1:04:13Once it does get to 450, um our full TP
  1002. 1:04:17is going to actually be around 400
  1003. 1:04:21probably. But once it does get to 450,
  1004. 1:04:24if it can actually continue lower right
  1005. 1:04:26now,
  1006. 1:04:27um, we want to see price and sellers
  1007. 1:04:30aggressively push this lower. I may
  1008. 1:04:32actually just target like, I don't know,
  1009. 1:04:36400 because 400 is where we put in the
  1010. 1:04:39relative equal lows,
  1011. 1:04:42but it's also where we keep bouncing
  1012. 1:04:44too. So the moment we take uh 450, I am
  1013. 1:04:48going to be moving my stop to break
  1014. 1:04:50even.
  1015. 1:04:59>> [snorts]
  1016. 1:05:09>> All right, moving my stop to break even.
  1017. 1:05:15Put a little bit in profit to cover any
  1018. 1:05:17fees just in case.
  1019. 1:05:20and let's see if we can get a flush.
  1020. 1:05:23Although it may snap back and take me
  1021. 1:05:25out, but I would rather
  1022. 1:05:29I'd rather uh get taken out, break even
  1023. 1:05:31and get taken out for a loss after it's
  1024. 1:05:33making a move like this.
  1025. 1:05:43All right, what I'm actually going to do
  1026. 1:05:44right now is I'm going to scale out
  1027. 1:05:48>> order filled. So, we got our $200 on the
  1028. 1:05:50day. It'll count. We're going to let the
  1029. 1:05:52rest ride
  1030. 1:05:54to 400.
  1031. 1:05:57I could have held it because this is
  1032. 1:05:58like really intense selling pressure,
  1033. 1:06:00but
  1034. 1:06:02I need to lock in the
  1035. 1:06:05the five winning days.
  1036. 1:06:08This would be day three. So,
  1037. 1:06:19Oh, that's beautiful.
  1038. 1:06:21Take the lows, please.
  1039. 1:06:27Got order sitting at 400. It would be a
  1040. 1:06:32300 tick trade or 313 tick trade.
  1041. 1:06:49I just don't want to. So, like what I
  1042. 1:06:50want to see right now in 10 seconds when
  1043. 1:06:53this next candle opens up is
  1044. 1:06:56I don't want to see this snap back all
  1045. 1:06:58the way to the PSC of this candle, which
  1046. 1:07:00it might do, but I'm looking for it to
  1047. 1:07:03Oh, here it goes. I'm looking for it to
  1048. 1:07:06flush right here. Just Actually,
  1049. 1:07:27where is the PC
  1050. 1:07:3168?
  1051. 1:07:40It may very well just snap back and not
  1052. 1:07:42take the lows, which would be crazy, but
  1053. 1:07:45I wouldn't be surprised.
  1054. 1:07:50We'll be up 250 on the day. But like
  1055. 1:07:54look at this.
  1056. 1:07:58Low low.
  1057. 1:08:01I would want to see these get taken out.
  1058. 1:08:03Probably everyone right now is trying to
  1059. 1:08:04see this get taken out. It'd be pretty
  1060. 1:08:06funny if it didn't just snap back on
  1061. 1:08:09everybody. That's why I need to scale
  1062. 1:08:12some out because um
  1063. 1:08:17I know that [ __ ] like this can happen,
  1064. 1:08:18right?
  1065. 1:08:21So at least we lock in at least we lock
  1066. 1:08:24in our $200 day.
  1067. 1:08:27Otherwise, if we just ran that entire
  1068. 1:08:29thing, got that close to my TP and then
  1069. 1:08:31snap back to my break even, I would be
  1070. 1:08:33very sad and I pulled nothing out of it,
  1071. 1:08:36I'd be pretty sad.
  1072. 1:08:48So, it came back up to the PC of the
  1073. 1:08:51previous candle.
  1074. 1:08:53Retested this little stacked imbalance
  1075. 1:08:55right here. Let's see if it can flip red
  1076. 1:08:57in the next three minutes. Unlikely,
  1077. 1:09:00honestly, at this point, it's pretty
  1078. 1:09:02unlikely, but
  1079. 1:09:04it's possible.
  1080. 1:09:29Sit down.
  1081. 1:09:52Yeah, this is going to take me out.
  1082. 1:09:56It was a good attempt.
  1083. 1:09:58It was a good attempt.
  1084. 1:10:02Like 75 points. We were going for it.
  1085. 1:10:06went like
  1086. 1:10:0865 points in profit before it just
  1087. 1:10:10[ __ ] snap back.
  1088. 1:10:42but yeah, just a
  1089. 1:10:44recap of why I actually took that trade,
  1090. 1:10:46by the way. So, when I said I wanted to
  1091. 1:10:49see price come back up and retest this
  1092. 1:10:52area, it did. And then I noticed that we
  1093. 1:10:56were uh
  1094. 1:10:58flipping lower. So I thought we were
  1095. 1:11:00gonna actually flush.
  1096. 1:11:02If we ended up, if this fivem minutee
  1097. 1:11:04candle were to have like pumped past
  1098. 1:11:05this area, I would have imagined that we
  1099. 1:11:07go we just snap right back into the
  1100. 1:11:09range um this morning, but we didn't. So
  1101. 1:11:12once it started flipping red, I went
  1102. 1:11:13short because I was anticipating it to
  1103. 1:11:15flush lower.
  1104. 1:11:18And I wanted to target the lows, which
  1105. 1:11:20it may or may not still go, but
  1106. 1:11:24it may or may not still go to the lows,
  1107. 1:11:27but
  1108. 1:11:30we just got to let it ride.
  1109. 1:11:34What up, Mike? What up, Wood?
  1110. 1:11:42So, right now, this is going to be the
  1111. 1:11:44only trade I actually take on the this
  1112. 1:11:47funded account today. So, we're either
  1113. 1:11:49going to end the day up $250 or we're
  1114. 1:11:52going to end the day up $550.
  1115. 1:11:56Either order is fine. This is a good
  1116. 1:11:58close though for the five minute. So,
  1117. 1:11:59realistically, our stop loss is up here.
  1118. 1:12:02What this might do is either flush here,
  1119. 1:12:04come back to the PC, and then flush. But
  1120. 1:12:08this is not a very um
  1121. 1:12:11this is a good sign for our position.
  1122. 1:12:13But it may still take us out. But it's
  1123. 1:12:15just looks a little better. It looks a
  1124. 1:12:18little better than it did like 5 seconds
  1125. 1:12:20ago.
  1126. 1:12:36But yeah, if anyone in here is not in uh
  1127. 1:12:40our Discord, it's a free Discord. We
  1128. 1:12:42don't sell anything. You guys should
  1129. 1:12:44join it. Sometimes we give away free
  1130. 1:12:46alpha futures accounts. So,
  1131. 1:12:49it's a great community. A lot of cool
  1132. 1:12:52people in there. A lot of stuff to learn
  1133. 1:12:53from bunch of different traders.
  1134. 1:12:56So, links in the description if you guys
  1135. 1:12:58want to join.
  1136. 1:13:01Yeah, never flat. And then also, um,
  1137. 1:13:05here we go. We're getting the flush
  1138. 1:13:06right now. We're going to take the lows.
  1139. 1:13:11Hopefully, this doesn't just snap back
  1140. 1:13:13right now.
  1141. 1:13:15383. No, I mean, yeah, it might, but I
  1142. 1:13:20see what you're looking at.
  1143. 1:13:22Probably will, honestly.
  1144. 1:13:27But
  1145. 1:13:33I'll be fine with 550 on the day.
  1146. 1:13:38That's disgusting, dude.
  1147. 1:13:44Just go.
  1148. 1:13:48Oh, yeah. But what I was going to say is
  1149. 1:13:49sometimes we give away uh free alpha
  1150. 1:13:51futures accounts.
  1151. 1:13:54So, if you guys want to win like 50k
  1152. 1:13:56zero evals from Alpha Futures,
  1153. 1:13:59we do those giveaways in the Discord
  1154. 1:14:01sometimes.
  1155. 1:14:06Yeah, let's get some likes. I really
  1156. 1:14:09don't care. Honestly, what I want is for
  1157. 1:14:11us to go to 400
  1158. 1:14:14and take the orders out right there.
  1159. 1:14:21Yeah, you can win me if you want.
  1160. 1:14:55What's the 15 looking like
  1161. 1:15:02I think what I'm going to do is
  1162. 1:15:06just cuz this is like Oh, that was
  1163. 1:15:08nasty.
  1164. 1:15:10So, it's retesting the PC right now.
  1165. 1:15:12What we don't want to see is for this to
  1166. 1:15:14you're going to see like this the sign
  1167. 1:15:17of death for this position right now is
  1168. 1:15:20if you see a stacked imbalance run right
  1169. 1:15:22past this PC and then we're for sure
  1170. 1:15:24going to hit our stop loss.
  1171. 1:15:31So as long as that doesn't happen we
  1172. 1:15:33should be fine.
  1173. 1:15:35But once this 15m minute gets past the
  1174. 1:15:38previous 15-minute close. So, like if we
  1175. 1:15:40get past right here, I am going to move
  1176. 1:15:42my stop loss to the top of the current
  1177. 1:15:4415-minute candle,
  1178. 1:15:46>> cuz I think it'd be like a $100 or
  1179. 1:15:48something.
  1180. 1:15:58Actually,
  1181. 1:16:09you know what I'm going to do?
  1182. 1:16:12Because it's stalling right here. If it
  1183. 1:16:14flushes, I think it's going to flush
  1184. 1:16:16kind of hard for like it's going to wick
  1185. 1:16:18past it. So, I'm going to put a partial.
  1186. 1:16:21I'm going to take one contract out
  1187. 1:16:25at 400.
  1188. 1:16:29And then at the other low, the uh
  1189. 1:16:32the second low at 380, I'm going to put
  1190. 1:16:36my other see if I could squeeze out
  1191. 1:16:38another
  1192. 1:16:4140 bucks.
  1193. 1:16:54So then I'd be like
  1194. 1:16:56almost 600 on the day if both of those
  1195. 1:16:58hit, which would be nice.
  1196. 1:17:01I'd be okay with that.
  1197. 1:17:11What up futures trader?
  1198. 1:17:24How many ticks would that be?
  1199. 1:17:31Basically like 400 like 100 points.
  1200. 1:18:16Oh [ __ ] This is too much to the left.
  1201. 1:18:20There you go.
  1202. 1:18:22All right. So, what we want to see right
  1203. 1:18:24now is for this to just flush. So, I am
  1204. 1:18:27going to be moving my uh stop loss to
  1205. 1:18:30the top of this 15-minute candle.
  1206. 1:18:34Let's see if it could take 400. Good
  1207. 1:18:36selling pressure now.
  1208. 1:18:37>> Order filled.
  1209. 1:18:38>> First contract got taken out. We're up
  1210. 1:18:41400 on the day. We're going to see if uh
  1211. 1:18:43we can get down to 380.
  1212. 1:18:52What I want to see is for this selling
  1213. 1:18:54pressure to continue. I mean, we're
  1214. 1:18:56almost there.
  1215. 1:18:58Um
  1216. 1:19:00but if we
  1217. 1:19:02if we snap back right now and these
  1218. 1:19:05sellers can't continue lower then
  1219. 1:19:10you know just to make round numbers
  1220. 1:19:11we'll move [music] this to uh
  1221. 1:19:14be a 450 on the day that's fine.
  1222. 1:19:24So,
  1223. 1:19:26let's see if we can get our 100 100
  1224. 1:19:27points here on this short
  1225. 1:19:31or if we're just going to I mean,
  1226. 1:19:34realistically, it's one micro at this
  1227. 1:19:36point. It's going to be the difference
  1228. 1:19:37of like $200 on the P&L. So, it's not a
  1229. 1:19:41huge deal. We still need five days on
  1230. 1:19:44this account anyways. So, this is the
  1231. 1:19:47third day, I think.
  1232. 1:19:51Yeah, third day. So next week if we have
  1233. 1:19:54a couple good days, maybe we pull a
  1234. 1:19:57payout,
  1235. 1:20:00maybe maybe we full port it,
  1236. 1:20:03maybe.
  1237. 1:20:06But the good thing is that we did pass
  1238. 1:20:07that eval today. So
  1239. 1:20:10maybe we can fullport that account.
  1240. 1:20:14Something's going to get fullported
  1241. 1:20:16eventually.
  1242. 1:20:30Yeah. So, this is kind of like a weak uh
  1243. 1:20:34this is kind of weak. I need to see this
  1244. 1:20:36like
  1245. 1:20:38push harder. I need what
  1246. 1:20:42what I don't want to see right now
  1247. 1:20:45is for the PC of this candle to remain
  1248. 1:20:48down here. and we [music] close
  1249. 1:20:50somewhere up here. That's like uh
  1250. 1:20:54not the best sign for our shorts.
  1251. 1:20:55Honestly,
  1252. 1:20:57it means that like sellers are getting
  1253. 1:21:00exhausted on this um push down.
  1254. 1:21:15All right, that's good.
  1255. 1:21:18We just took uh New York lows from
  1256. 1:21:21yesterday on NQ. We'll see if we could
  1257. 1:21:25take previous daily lows from Asia right
  1258. 1:21:28now.
  1259. 1:21:33I think we just took the Let me
  1260. 1:21:37Oh, we're about to We just took it right
  1261. 1:21:38now. We took
  1262. 1:21:40Let's see if we can get it.
  1263. 1:21:43>> Order filled. Oh, $1 short from 600. All
  1264. 1:21:48right. Anyways, that was about like a
  1265. 1:21:51400 tick trade
  1266. 1:21:54with five micros, but I scaled like
  1267. 1:21:58three of the micros out.
  1268. 1:22:04Anyways,
  1269. 1:22:05I think I'm going to be done for the
  1270. 1:22:07day. That was a pretty good day. It's a
  1271. 1:22:08Friday.
  1272. 1:22:11Time to enjoy the weekend.
  1273. 1:22:14So again, just a recap of today. We made
  1274. 1:22:19600 on the funded account. We passed an
  1275. 1:22:21evaluation account with top step. We
  1276. 1:22:23went like we full ported basically three
  1277. 1:22:25minis on a on a scalp short and then um
  1278. 1:22:30uh what's it called? We didn't take any
  1279. 1:22:33trades on this account, but that's okay.
  1280. 1:22:35We're going to start focusing on the
  1281. 1:22:37alpha futures accounts, too. But
  1282. 1:22:40today is just not the day to do it in my
  1283. 1:22:43opinion.
  1284. 1:22:45And then um
  1285. 1:22:48this account I I really messed it up
  1286. 1:22:50like yesterday. Like I mentioned
  1287. 1:22:51earlier, I tried to go two minis on
  1288. 1:22:55silver and got absolutely violated. So
  1289. 1:22:58we lost like $2,000 on this account
  1290. 1:23:00yesterday, but I took a long pre-market
  1291. 1:23:03before I started streaming on this
  1292. 1:23:04funded account with Alpha. And um we
  1293. 1:23:08made like 700. So I'm going to climb out
  1294. 1:23:11of the hole here. I'm going to make a
  1295. 1:23:13comeback on this account
  1296. 1:23:16and recover from my stupid silver
  1297. 1:23:19trades. And [music]
  1298. 1:23:20we've made the executive decision
  1299. 1:23:24to not trade silver with minis,
  1300. 1:23:27especially on a funded account. I might
  1301. 1:23:30fullport some silver longs right now
  1302. 1:23:32because it's ripping on an evaluation,
  1303. 1:23:34but
  1304. 1:23:36not on the funded.
  1305. 1:23:38So yeah, that's it. Not a bad day. I'll
  1306. 1:23:42catch you guys next time. Again, if you
  1307. 1:23:44want to join our Discord, it's free. A
  1308. 1:23:46lot of cool people in there. We give
  1309. 1:23:47away accounts sometimes. So check the
  1310. 1:23:50link in the description. And I'll be
  1311. 1:23:52back on Monday.
  1312. 1:23:55Peace.

About this transcript

This page contains the full transcript of 100 points on NQ Shorts on Funded Account |🔴 Live Futures Trading | Order Flow & Prop Firms by Christopher Creamer | Orderflow Trader, generated from the public captions YouTube serves with the video. The transcript has 8,345 words across 1,312 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.

What you can do with it

Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to translate the transcript into 100+ languages.

Free YouTube transcript tool

YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, translation to 100+ languages, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.