+$3,000 on the funded account today 🔴 Live NQ Futures Trading | Order Flow & Prop Firms — Transcript
Full transcript
- 0:32All right.
- 1:32All right, let's take a look at what
- 1:34we're working with today.
- 1:52So, we're still kind of in this range,
- 1:54honestly.
- 1:56Um,
- 1:59we do have jolts today. So, actually, I
- 2:01got to set an alarm on my phone.
- 2:05What's up?
- 2:10Good morning,
- 2:22All right.
- 2:26I don't really uh
- 2:40nice. What strategy
- 2:46Oh, back and forth, huh?
- 2:52What strategy are you talking about? He
- 2:54said the same strategy.
- 3:09gonna be watching NQ
- 3:12realistically.
- 3:17Okay.
- 3:20Well, hopefully he ended green
- 3:24yesterday. Yesterday I actually ended up
- 3:28Oh, nice. Yeah, I was watching it. Um,
- 3:33it ended up going back and taking out
- 3:35the highs, but I just entered in too
- 3:36early. It came came a little bit lower
- 3:38before
- 3:40it actually wanted to make that move
- 3:41higher.
- 3:51Nice.
- 3:57Green is green.
- 4:00What up, FP? So, I mean, realistically,
- 4:03what I'm kind of looking at right now is
- 4:09I do want to see us go higher, but
- 4:14I'm a little bit more passive about like
- 4:16uh my bias right now because
- 4:21essentially what I'm looking at is
- 4:25for one, the first thing the draw if we
- 4:28were to go higher would be these highs.
- 4:31is and if not those highs and you know
- 4:33at least these highs but
- 4:38we've been catching a lot of resistance
- 4:40when we start getting into this area and
- 4:42uh this level right here this gray box
- 4:46that you see
- 4:48if we want to basically get towards the
- 4:50highs
- 4:55it would need to push pretty hard. There
- 4:57is a possibility though that of course
- 5:00we kind of stay within this range um and
- 5:04meaning that we actually come lower.
- 5:08So
- 5:10I don't necessarily have like a a hard
- 5:13bias right now. But what I am
- 5:17looking at basically is
- 5:20on the 4hour candle it's going to be
- 5:22pretty important. We do have jolts
- 5:24today. So, I want to see how we're going
- 5:27to close because we retraced and
- 5:29reclaimed all of this large drop that
- 5:31happened on Friday. Um, and now that
- 5:34we're up here, if we're going to
- 5:36continue higher,
- 5:38we wouldn't really want to see us start
- 5:39coming back down into this area.
- 5:41Otherwise, it's just likely going to be
- 5:44consolidation on a higher time frame in
- 5:47my opinion. But there's probably,
- 5:50you know, intraday opportunities that we
- 5:52can take.
- 5:54The overnight session really didn't do
- 5:56much. Um, we kind of just like slowly
- 5:59slipped down all night and then just
- 6:01recently popped up for pre-market.
- 6:06So,
- 6:09the idea would be that [clears throat]
- 6:11if we are going to go higher
- 6:16that this would be the target. the first
- 6:18target. Um, I don't really like how
- 6:21there's basically equal lows here,
- 6:23though. So, that might get taken out.
- 6:26But today, I'm just going to basically
- 6:30not have a hard bias bias on which
- 6:33direction we're going to go and just
- 6:34understand that because we
- 6:36[clears throat] are in a range, we could
- 6:37realistically go either way.
- 6:39But I would prefer it to continue up,
- 6:43but I'm prepared for it to go down.
- 6:48Yeah, it could be potentially a trap.
- 6:51All right, so we just got to be careful
- 6:53and we got to watch it. Yeah, I do trade
- 6:56five minute candles. Um I don't trade
- 6:58one minute candles because
- 7:04um they're just kind of like
- 7:07for me at least one minute candles are
- 7:10kind of noisy
- 7:11and they fake me out sometimes.
- 7:15And also sometimes they just like stress
- 7:18me out. So it's a lot easier for me just
- 7:21looking at fiveminute candles.
- 7:25But I mean if you like one minute
- 7:27candles, you can trade one minute
- 7:28candles all you want. I just personally
- 7:30don't really like trading
- 7:33one minute candles. I used to though.
- 7:41I used to trade the one minute time
- 7:43frame only.
- 7:46But I blew a lot of accounts and I
- 7:48didn't get any payouts.
- 7:51And then I went up to like a twominut
- 7:53time frame
- 7:55and that was still too much noise. And
- 7:56then I went up to a uh
- 8:00three minute time frame and that worked
- 8:02for a little bit.
- 8:05But the five minute time frame is where
- 8:07I'm comfortable right now. So, I'm just
- 8:10going to continue to trade on it because
- 8:13I like to see what happens on a
- 8:14fiveminute candle before
- 8:17I make any type of decisions. Although,
- 8:20sometimes, you know, if the ATR is very
- 8:22large for a fivem minute candle.
- 8:25Um, [clears throat] sometimes it's
- 8:27difficult to have a tight stop loss.
- 8:40So,
- 8:42we'll wait a little bit to see what
- 8:44happens
- 8:46at market open.
- 8:51We're
- 8:54sitting kind of within
- 9:01Asia range. came up and kind of tested
- 9:04the lows of it after London.
- 9:11But last night, um,
- 9:17last night I actually [Â __Â ] tilted to
- 9:20be completely honest with with you guys.
- 9:22I tilted. I [Â __Â ] up a lot of my
- 9:23accounts
- 9:26or basically I [Â __Â ] up all of my
- 9:27accounts. I tilted pretty bad.
- 9:30And then on silver, I ended up going
- 9:32short somewhere around right here.
- 9:38Oh, you can't see it.
- 9:42Oh, my bad. You couldn't even see that
- 9:44the whole time I was talking about it.
- 9:46But what's it called?
- 9:49Um,
- 9:51I went short on silver somewhere around
- 9:53here and then I got out literally right
- 9:56here at the bottom.
- 9:59So, it put me up like 2,700 on the day.
- 10:02So, the balance on this funded account
- 10:03is now like $4,200. But unfortunately,
- 10:06the other funded accounts that I had, I
- 10:08kept trying to long it right here to
- 10:11take all-time highs on silver
- 10:14and then I just tilted and got chopped
- 10:16up and then I basically blew a bunch of
- 10:17funded accounts yesterday. So,
- 10:21not good. But what [clears throat] I'm
- 10:24what I think the plan is for today is
- 10:26I'm probably just going to trade this
- 10:28account. I already have one payout this
- 10:31month, but I do need another one. So,
- 10:36I'm going to build the balance up on
- 10:38this one and focus on taking a payout on
- 10:41this one because this one is about it's
- 10:44the third payout cycle and I'm currently
- 10:48this would be the second day in the
- 10:49cycle. So, I still need some uh
- 10:54I still need some winning days on this,
- 10:56but um yeah, I need to lock in this
- 10:59payout. So, I'm going to try and build
- 11:03the balance a little bit on this
- 11:04account. I think if I lose
- 11:10maybe $700 to $1,000 of my profits, I'll
- 11:14allow myself to lose the 744 bucks
- 11:17basically. And then if it goes down to a
- 11:20$2,000
- 11:21realized profit on the day, I'm probably
- 11:23gonna
- 11:25just call it a day.
- 11:31What up, Eek guy?
- 11:56What I'm hoping though is
- 11:59that Jolts does something here today. It
- 12:01probably will.
- 12:03Preferably, I would want to see it go
- 12:05higher, but I I think this might
- 12:07actually get potentially taken out of
- 12:10these equal lows right here.
- 12:14Um, we are still in a range like I was
- 12:16saying though. So, I'm kind of prepared
- 12:19for it to go either direction. Although,
- 12:21preferably I would like it to go long or
- 12:24go higher.
- 12:26But, I'm just going to have to wait and
- 12:28see
- 12:30what it does
- 12:34uh when we open up here in like eight
- 12:36minutes.
- 12:39Today I'm being a little bit more uh
- 12:41passive in terms of
- 12:43a bias because
- 12:47eventually I mean I would assume that
- 12:50either today, tomorrow or Friday, we're
- 12:52probably going to retrace some of this
- 12:53move. Might not be today.
- 12:57Um
- 12:59or maybe we don't. But the weekly candle
- 13:01is
- 13:04pretty bullish. We're basically inside
- 13:07the previous weekly range, which
- 13:10is kind of gross. So,
- 13:32but there's maybe an opportunity if we
- 13:38do I trade the orb? No, I don't. I used
- 13:40to a little bit. I used to trade a
- 13:4230-minute orb.
- 13:45The orb's pretty great though. It would
- 13:46have worked out perfectly yesterday if
- 13:48you trade like a 15-minute orb.
- 13:54Like yesterday on the 15-minute orb.
- 13:56Where were we?
- 13:58Right here.
- 14:00if he traded the retest of this,
- 14:08but I don't really trade the orb.
- 14:13Uh I mean, I think the orb is a good
- 14:15strategy. It's just um
- 14:19I don't really trade it.
- 14:21Uh the strategy I trade is I'm just
- 14:24basically
- 14:27I build context through sessions and uh
- 14:31market structure. Like the the easiest
- 14:33way to explain it is I'm basically
- 14:37I build uh like a context or a bias
- 14:40using sessions and market structure like
- 14:42just swing highs, swing lows
- 14:45in higher time frames. And then in terms
- 14:47of entries, I'm reading footprint to
- 14:49look for essentially pressure and follow
- 14:52through or rejection.
- 14:55And then I'm entering based off of
- 14:57different entry models that I have for
- 15:00order flow.
- 15:02Uh what I am going to do though, I've
- 15:04actually been working on it, is
- 15:09kind of a lot to explain the way that I
- 15:11look at the market. So, I wrote like a
- 15:14PDF, but it's a [Â __Â ] huge PDF. It's
- 15:17like [Â __Â ] 60 pages,
- 15:20but I'll probably just like have it
- 15:22available. So, if you ever want to know
- 15:24like how I actually look at the market
- 15:26and you you care about it, you can just
- 15:28read that
- 15:32because there's a lot that goes into
- 15:35basically what I'm looking at. It's not
- 15:37complicated, but it's just
- 15:46stopping yourself from trading every
- 15:48setup. Well,
- 15:54yeah. I mean like
- 15:58the way that I think about it
- 16:02is
- 16:06more trades doesn't necessarily
- 16:12doesn't necessarily mean that you're
- 16:14doing a good job
- 16:19because realistically like during the
- 16:21New York session
- 16:24There's not I mean it depends what
- 16:26you're doing. If you're scalping, it's
- 16:28one thing, but the way that I trade
- 16:29where I'm looking for like us to take
- 16:31out highs or lows or, you know, we're
- 16:34going for 50 points or more. Um,
- 16:37realistically, like for that to happen
- 16:39in a clean way, my apologies, in a clean
- 16:42way,
- 16:44it only happens like a couple times
- 16:46during the AM session.
- 16:51And then once
- 16:53the move that I was looking for or the
- 16:56move quote unquote of the day, like
- 16:58let's say let's say today we're going to
- 17:01pump, right? And these highs are the
- 17:05draw or even just like somewhere in this
- 17:07area is going to be the draw and we find
- 17:11an entry and we can ride it all the way
- 17:13up here. Well, then
- 17:16at that point that was like all all we
- 17:18need realistically. There's no point for
- 17:20us to like
- 17:23try and like let's say
- 17:26take a short to take out these lows,
- 17:28then get out the short, then enter the
- 17:29long and then like get out and then try
- 17:31and trade the pullback and then try and
- 17:33trade the bounce back up and then once
- 17:35we take these highs, try and trade the
- 17:36short. Like you're just like exposing
- 17:38yourself to the market over and over and
- 17:41over and over.
- 17:43Um, and sometimes, you know, you might
- 17:45just continuously win and you're just
- 17:47having a great day. But
- 17:50there's quality setups and then there's
- 17:52setups that are just kind of noise.
- 17:54Like, let's say you're an ICT trader and
- 17:56you
- 17:58and you trade like,
- 18:01I don't know, fair value gaps. I mean,
- 18:03there's [Â __Â ] fair value gaps all all
- 18:05over the place. What are you going to
- 18:06do? Trade every single five minute, 15
- 18:08minute fair value gap that you see? like
- 18:11there's
- 18:13there's setups that are better than
- 18:14others and you want to take the quality
- 18:16ones or at least the ones that have a
- 18:18higher probability. Your goal isn't to
- 18:22predict and catch every single swing of
- 18:25the market. Um because it's just
- 18:28unrealistic.
- 18:31your goal is just to
- 18:33essentially
- 18:35catch the main momentum move or the main
- 18:38move of the of the morning session. And
- 18:39then if you trade the PM session,
- 18:41there's one of those two. So that's kind
- 18:43of the goal.
- 18:45And that doesn't require a bunch of
- 18:47different entries and exits.
- 18:52Yeah. What Spaghetti said, the strategy
- 18:54is just don't lose.
- 19:00Nah, I lose all the time. I lost a lot
- 19:02last night.
- 19:15Yeah, we got Jolts today at 10:00 a.m.
- 19:18Eastern. So,
- 19:21it looks like we're potentially going to
- 19:25um
- 19:27go up here, but
- 19:30I'm prepared for us to just open up and
- 19:32rip down. But we'll see if
- 19:38we'll see if there's any opportunities.
- 19:40I'm willing to um
- 19:45I'm willing to risk like 700 bucks
- 19:47today. So
- 19:53all right. So market [music] just open.
- 20:13All right. So, we're probably heading
- 20:15straight towards those highs.
- 20:38I might actually just take a long right
- 20:40here, but I need to be careful cuz
- 20:44There's something that I have called a
- 20:46weekly route candle and it's sitting
- 20:47right here.
- 20:52So, the fact that we just came up here
- 20:53and rejected
- 20:55we
- 20:58I need to wait a second
- 21:07because we may be actually coming down
- 21:08to take these lows out that I was
- 21:10talking about earlier. But
- 21:14I would prefer if we just continued up.
- 21:48Ultimately, I'm still looking for us to
- 21:50come up here. So, even if we come down
- 21:52here and take out these lows, I'm going
- 21:54to start waiting to see if there's a
- 21:57a reversal happening. But, I'm watching
- 21:59this right now, so I may just take a
- 22:02long
- 22:05order.
- 22:06>> I'm going to go long right here. I'm
- 22:08gonna risk um
- 22:13about $425
- 22:18and I'm going to see if we can push
- 22:19higher. But if we just whiplash back
- 22:22down, it's fine.
- 22:43The only thing that
- 22:46I need to watch for is this area right
- 22:49here on it's it's between 810 and 800.
- 22:57If we can push past that, I think I
- 23:00should be chill.
- 23:02If we could push past it and close,
- 23:06but we need to see the momentum continue
- 23:08here on the five minute. So, now that
- 23:11we're pushing up, it's pretty safe for
- 23:14me to move my stop loss to break even
- 23:17because
- 23:18I [clears throat] don't really want to
- 23:19see this snap back down at this point. I
- 23:21mean, it could, but
- 23:24if we're going to start moving higher
- 23:26right now, I'd like to see it just
- 23:27happen. I don't want us to come back and
- 23:30then start [Â __Â ] around in this area
- 23:32again. So, but ultimately the target is
- 23:35going to be probably up here
- 23:38for about 50 points.
- 23:50Also, keep in mind if you're like taking
- 23:52trades that I'm taking, there's a delay
- 23:54on the uh on the live stream. Um,
- 24:02and I don't know how how much the delay
- 24:04is. It could be like
- 24:0810 seconds or something. So,
- 24:19I mean the purpose honestly is not uh
- 24:22signals. So,
- 24:25but if you take if you take any trades
- 24:26that I take, just understand that I'm
- 24:29not a I'm not a genie. I lose trades,
- 24:32too.
- 24:44So, we have some orders sitting right
- 24:46here on footprint. Uh, we need to
- 24:49basically blast through them. Um
- 24:53with some aggression.
- 25:15So, I think we should probably
- 25:18um
- 25:21should probably be okay. I don't want to
- 25:23see this
- 25:25candle basically come back past this PC
- 25:48because we are currently approaching um
- 25:52like Asia session highs. So there is a
- 25:55chance that we stop prematurely before
- 26:00previous daily highs
- 26:04or the daily high. But we're looking to
- 26:07see if price can go reach high a day.
- 26:26but we'll see if the momentum can
- 26:28continue. If we get below um
- 26:34800 right now, I am going to actually
- 26:36just get out of it. All right.
- 26:38>> Order filled.
- 26:43I don't [clears throat] like the way
- 26:44that that looks. So, I just ended up
- 26:45getting out of it for I don't know,
- 26:48maybe like $200.
- 26:50It might still just go back up, but
- 26:55I'm trying to slowly build this bounce a
- 26:57little bit to be honest
- 27:02because this this fivem minute candle
- 27:04could realistically flip from right here
- 27:05and then slingshot higher.
- 27:17But it's okay.
- 27:41Nice. You made $400. It's great.
- 27:47Now, try not to try not to give it back,
- 27:51I guess.
- 28:02Bookmap. Bookmap is great. I used to use
- 28:05bookmap all the time.
- 28:11I have basically a heat map on this
- 28:13chart if you can see it. Like
- 28:16this is the heat map and then I have the
- 28:19bubbles right here. Um
- 28:24so it's essentially the same thing
- 28:26except I just have it like
- 28:28like look
- 28:36See, it's basically a a book map. You
- 28:39can see we have 122 contracts sitting at
- 28:42this level.
- 28:46So, I I definitely use heat maps and I
- 28:49think they're a great tool. I used to
- 28:51use bookmap. I just I don't use it
- 28:53anymore because
- 28:55I don't need to. I think this is
- 28:59actually probably going to continue
- 29:00higher. I think that was just a that
- 29:02should just fake me out a little bit.
- 29:14Yeah, it's very similar to bookmap.
- 29:24Yeah, I probably should just not have
- 29:26touched that trade. Honestly, we were in
- 29:28a pretty good spot.
- 29:30and and the stop loss made sense, but I
- 29:33was just watching this area and when we
- 29:34snapped down like that,
- 29:37that was kind of a emotional response to
- 29:39that, which was stupid.
- 29:42But we're probably going to slam through
- 29:44this right now on this 5minute open or
- 29:46even before
- 30:09All
- 30:19right, I'm actually going to re-enter
- 30:22into the longs.
- 30:26>> Order filled.
- 30:31And I'm going to
- 30:37It's pretty bad risk-to-reward, but I
- 30:39think we're going to go. So,
- 30:42the moment that this candle flips
- 30:44bullish,
- 30:46I'm looking for this area to hold and
- 30:48for us to take the highs.
- 30:52But, I'm only taking this because I'm
- 30:53already in profit. So, I'm willing to
- 30:55risk some of the
- 30:58some of the profits on the day, but I'm
- 31:00going to be moving it to break even
- 31:03right now.
- 31:05Just looking for it to take the highs.
- 31:08All right,
- 31:09>> fil.
- 31:09>> We took the highs, so I'm out of that.
- 31:15So, high of day has been reached. We had
- 31:18some buyers step in, but we just scalped
- 31:21a little bit out of it for basically
- 31:23like 300 bucks.
- 31:32And then now at this point,
- 31:36probably what I'm going to do is wait a
- 31:39little bit.
- 31:42I kind of [Â __Â ] up that trade though.
- 31:45um the first one.
- 31:48So,
- 31:51it should have been
- 31:53about 50 points
- 31:56cuz we got in around here
- 31:59and it was 50 points with one mini. So,
- 32:01it should have been realistically like a
- 32:03$1,000 trade
- 32:07and it ended up being
- 32:12we started at $2,700 balance. So like
- 32:15half of that basically.
- 32:21So I kind of [Â __Â ] myself over.
- 32:26That's what's up. You're up 1.1K. Let's
- 32:28go.
- 32:36Targeting 1.5. Are you working on an
- 32:38eval or something?
- 32:43All right. All right. So, we took this
- 32:44out.
- 32:56Nice. Well,
- 32:59you should um
- 33:01I mean $400 is definitely achievable.
- 33:04You should just wait a little bit
- 33:08because we just took highs. So, we
- 33:11reached high a day. We took out the
- 33:12highs um right here
- 33:17and now we want to see what price is
- 33:21basically going to do. Um and then also
- 33:25keep in mind that 15 minutes about to
- 33:27open
- 33:29and then we have jolts which is high
- 33:33impact news coming in
- 33:3815 minutes after that basically.
- 34:04Uh, trading news with an Eval. I mean,
- 34:06you got to look at what the rules are
- 34:07for take profit trader. I I don't really
- 34:09trade with them, so I don't know.
- 34:14Oh, if it's the rule not to trade, then
- 34:16yeah, that would suck.
- 34:19That would suck to uh
- 34:22take a trade and then lose on a on a
- 34:25ruled technicality and then basically
- 34:28you give up all 1.1K of your profits.
- 34:38So at least uh so so far this basically
- 34:41played out what we were talking about
- 34:44pre-market.
- 34:48We came up to take these highs.
- 34:52We just fumbled. We fumbled it a little
- 34:54bit to be honest. We were supposed to
- 34:56make a thousand. We only made 500.
- 34:59Um,
- 35:00now the next area that we would be
- 35:02seeing if Joltz wants to do it with some
- 35:06with some volatility. We see if we can
- 35:07actually get up here. Now,
- 35:13it'll just be important to see like how
- 35:18the market reacts to jolts
- 35:21because once we get above 25
- 35:25935, we're basically coming into an area
- 35:28that if we were to reject back into the
- 35:32range and not take these highs, it would
- 35:34probably happen in here. Um, based off
- 35:37of
- 35:39the way that I trade.
- 35:46Uh well, Aaron, I mean, it's market
- 35:48open, so
- 35:53it's not that it'll never chop. Like,
- 35:56you'll still have market opens that
- 35:58chop. I mean, we see it all the time,
- 36:00but realistically, when you have like a
- 36:04crazy amount of volume that comes into
- 36:06the market or the most amount of volume
- 36:08throughout the entire daily candle is
- 36:09basically right at market open
- 36:13or
- 36:14New York open. So, usually in the
- 36:18morning, you'll see like a directional
- 36:20move. Now, if it starts to chop, then
- 36:24it's just consolidating.
- 36:26And
- 36:28what I think though is like, at least
- 36:31recently, what I've been seeing last
- 36:32year
- 36:34is we'll have basically a move like this
- 36:38right off the open. It just goes and
- 36:42goes just like how it did basically
- 36:44yesterday.
- 36:46And then there's no real pullback or
- 36:48anything, at least on a fiveminute
- 36:50chart.
- 36:52And then once we basically go from an
- 36:54imbalance, we then shift state into like
- 36:57a bounce. Um, sometimes like it's pretty
- 37:01it's not very often that you'll see
- 37:03price kind of like
- 37:06and these days are great when we do get
- 37:07them, but we'll just see price go down
- 37:09and up and then down and then up and
- 37:12then just all directional moves um
- 37:15without any type of consolidation.
- 37:18It's kind of um not as common, but those
- 37:21are like great days to trade, but you
- 37:22can't expect it to happen. So
- 37:26whenever
- 37:28whenever we go from a balanced market to
- 37:31an imbalance and we have like a
- 37:33distribution move at some point price is
- 37:36going to eventually find a spot to rest
- 37:40for a bit
- 37:42like we're going to find uh fair value
- 37:44basically and then fair value is where
- 37:46we're starting to consolidate.
- 37:50So when that might happen, I do not
- 37:52know, right? But we got to understand
- 37:55that like
- 37:58if you missed this move
- 38:00and you sat on the sidelines and didn't
- 38:02trade it and you're waiting for, you
- 38:05know, something else to happen,
- 38:08um you have to be prepared for like this
- 38:10was a move. We took the highs and then
- 38:13now there's a potential to consolidate
- 38:15if we're not going to continue higher to
- 38:17go to 935. But um
- 38:21we do have Jolts. So Jolts is probably
- 38:23going to push the market in either
- 38:25direction.
- 38:30So we'll see what happens.
- 38:46Um,
- 38:49I mean, I have some videos on my
- 38:50YouTube. I'm going to make more of them
- 38:52and then I'm trying to create like some
- 38:55PDF documents
- 38:58that if anyone cares to, they can like
- 39:01read it and try and understand orderflow
- 39:04and uh, basically what I'm looking at.
- 39:07But I have some videos on my YouTube
- 39:09that pretty much explain um
- 39:12a good amount of order flow.
- 39:16Although
- 39:18they're more like conceptual rather than
- 39:22I mean there's one video that talks
- 39:23about an entry, but
- 39:26the other ones are kind of conceptual a
- 39:28little bit.
- 39:33I mean the
- 39:35the shortest explanation
- 39:38and perspective of order flow is
- 39:40basically
- 39:42there's two market states. You have bal
- 39:44a balanced market and an imbalanced
- 39:46market.
- 39:48In an imbalanced market
- 39:51price is not forcing participation or
- 39:54like in a balanced market price is not
- 39:56forcing participation. meaning that like
- 39:58if we're chopping,
- 40:01we can realistically continue to chop.
- 40:03When
- 40:05we have a move like this, it's forcing
- 40:07participation. And what I mean by that
- 40:09is like, let's say you were trying to
- 40:12get early positioning and you were
- 40:14trying to go short um and then you
- 40:16entered a position to go short here or
- 40:19here or here or even at these highs, you
- 40:22caught a good entry. Um when price
- 40:24starts to basically run up like this,
- 40:28everyone who was going short in this
- 40:30area now their position is basically
- 40:33getting tested and it's going to force
- 40:34their participation in the sense of
- 40:38they may need to get out of their trade
- 40:40or they may need to take profit or they
- 40:42may need to hedge a position or
- 40:44whatever, right? And so the only way to
- 40:46get out of a sell is to buy. So then
- 40:49when we're running like this and the
- 40:50more people that get out of their cell
- 40:52positions, it just fuels this move to
- 40:54move even faster if that makes sense. So
- 40:58that's what I mean by forcing
- 41:00participation. So
- 41:04[clears throat] I'll make I I'll make
- 41:05more content on it so it's easier to
- 41:08understand. Um, but it looks kind of
- 41:11confusing and complicated at first, but
- 41:13it's really
- 41:15it's really um
- 41:19not that complicated. It's kind of
- 41:22complicated, but not really. You'll get
- 41:23the hang of it.
- 41:47All
- 41:58right. So, we just got to wait at this
- 42:01point for
- 42:02Jolts.
- 42:27So, at this point, what I'm thinking P&L
- 42:31wise,
- 42:35we're up $3,200
- 42:37right now, which [clears throat]
- 42:432,700 of it came from silver shorts.
- 42:45last night and 500 of it came from
- 42:51these longs. Right now,
- 42:54our balance is now $4,700. It is the
- 42:58second day in the third payout cycle.
- 43:03The problem is is that
- 43:08Topstep sent me an email yesterday
- 43:10saying that they're warning me that I'm
- 43:12going to be put on a focus traders
- 43:14program.
- 43:16So,
- 43:18I'm trying to build the balance up here
- 43:21because I don't know how much longer I'm
- 43:22going to be able to trade with top to be
- 43:24honest.
- 43:28So,
- 43:31we'll see if there's another
- 43:32opportunity. I'm not going to just lock
- 43:34out today because of the P&L. Um, but I
- 43:37will say though, if I do end up taking
- 43:39this balance
- 43:41back like five, like if I lose $500 or
- 43:45something,
- 43:48I'll probably stop.
- 43:52Um, so basically FP like Topstep has
- 43:56this thing called a focus traders
- 43:58program
- 44:00and
- 44:02um,
- 44:05basically what it is is like they limit
- 44:08you to having only one account a month
- 44:10if they put you on it. I think there's
- 44:12two stages to it, but
- 44:19they limit you to one account a month,
- 44:20which is [Â __Â ] It's basically like
- 44:25so basically for the past like seven
- 44:27months, dude, Topstep hasn't made a
- 44:30single dollar of profit off of me.
- 44:32Meaning that like every month for the
- 44:34past seven months,
- 44:37they have paid me out more than I've
- 44:39given them basically. So
- 44:42apparently what happened yesterday is um
- 44:47a bunch of traders got focus trader
- 44:50program emails which is basically a
- 44:52warning
- 44:54and they were saying like oh your
- 44:56trading behavior isn't sustainable in a
- 44:58live environment and it's like okay well
- 45:02yeah no [Â __Â ] this isn't a live
- 45:04environment we're trading sim funds so
- 45:07of course I'm going to trade it
- 45:08differently than how I trade a live
- 45:11account because their rules aren't even
- 45:14what a live account should be like. Like
- 45:15what the [Â __Â ] [Â __Â ]
- 45:19rules around payouts and minimum
- 45:22requirement for profits and days and
- 45:25blah blah blah blah blah. It's all
- 45:27[Â __Â ]
- 45:30So, anyways, I'm trying to build the
- 45:33balance on this one because I don't know
- 45:34how many more funded accounts I'm going
- 45:35to be able to have with Topstep because
- 45:37they're basically backing me off. Um,
- 45:41because I'm net positive with their firm
- 45:43and they said that this month they're
- 45:45doing like risk adjustments.
- 45:47So, I guess I'm part of the risk
- 45:48adjustment, which is [Â __Â ] whack, but
- 45:51whatever.
- 45:53Yeah, I don't like Apex. Any firm that
- 45:56has an unrealized trailing draw down, I
- 45:57do not touch it. Analyze Bitcoin.
- 46:03Hold on. We can do that later. Top. I
- 46:05got to see what's going to happen with
- 46:07uh Jolts here and if we're going to push
- 46:09up to 935 or not.
- 46:15But yeah, so I'm basically getting
- 46:16shadowbanned from Topstep because they
- 46:19don't like the fact that I full port my
- 46:20evals and then get more payouts to cover
- 46:22all the fees and then just end up making
- 46:24money every single month off of Top.
- 46:27They're not a fan of it.
- 46:30Um,
- 46:32passing evals to be honest, if you have
- 46:34a strategy and you know that it works,
- 46:37um, I just full port him. But obviously
- 46:40me doing that has gotten me into a
- 46:42position where Topep is basically gonna
- 46:43shadow bam me if I continue to do it,
- 46:46which I'm gonna continue to do it.
- 46:47They're not going to try and they're not
- 46:48going to make me change the way that I'm
- 46:50trading.
- 46:52But um
- 46:56yeah, I basically just full port him
- 46:59because you got to think about like
- 47:00this, right? Like if I know that the
- 47:03whole point is to make money. Exactly,
- 47:05Aaron. So, it's like if I know that I
- 47:08can get payouts and it's not a big deal
- 47:10for me to pull a payout and on average
- 47:12my payout is anywhere from like $1,500
- 47:15to two grand, sometimes more than that.
- 47:18Um,
- 47:20and in a in an eval with no activation
- 47:22fees, like $89 or $90, it's like one
- 47:25payout covers,
- 47:27let's just say 15 evaluation accounts.
- 47:30And I know that if I full pour evals,
- 47:35you can pass them in two trades with top
- 47:37step. So realistically between the
- 47:41amount of evals that I buy that I pass,
- 47:43I'll probably pass like maybe 60% of
- 47:45them. So that means that I run through
- 47:47evals like crazy, right? Um I'll blow a
- 47:51lot of evals, but I'll pass a lot of
- 47:53evals. And then what ends up happening
- 47:56is because the payouts cover so much of
- 47:59those fees,
- 48:01the gap between money in and money out
- 48:03when it comes to Topstep as a firm,
- 48:07uh, it grows for me. So I just make more
- 48:09and more money because I just keep
- 48:10taking more profits and full porting
- 48:12more evals and then get more fundeds and
- 48:14then the cycle continues. So I've been
- 48:17doing that for like seven months.
- 48:20um they don't like it because I'm
- 48:23basically exploiting the structure of a
- 48:25prop firm because you would never do
- 48:27that like um with a live account. I
- 48:30would never just full a live account if
- 48:32I had one, right? So
- 48:34um and they're basically telling me
- 48:36like, well, you would never do this with
- 48:37a live account, so you can't do it with
- 48:38us. It's like, well, no [Â __Â ] No [Â __Â ] I
- 48:42can't do it with a live account. That's
- 48:43why I'm using a prop firm because I know
- 48:44I can do [Â __Â ] like that. But when it
- 48:47comes to evals, yeah, I don't waste any
- 48:49time on them. I full port them. If
- 48:51you're learning and you're still trying
- 48:53to get the hang of like passing evals
- 48:56and stuff, um, you should definitely not
- 48:58fullport them. If you don't get
- 49:00consistent payouts, you should not full
- 49:02port evals.
- 49:05you should just use an eval as a way to
- 49:12try and get experience and screen time
- 49:14with real emotions being involved um and
- 49:17focus on, you know, being a better
- 49:20trader and your strategy. Yeah, Alpha
- 49:23Futures is great. I use them all the
- 49:26time. Unfortunately, I [Â __Â ] blew my
- 49:28accounts last night. So,
- 49:31I was tilting really [Â __Â ] hard
- 49:34yesterday
- 49:36because honestly, that email that email
- 49:38I got from Tops Up kind of bummed me
- 49:39out.
- 49:41Kind of bummed me out a little bit and
- 49:43then like I tried to go heavy on silver
- 49:46to build up a balance because
- 49:49I don't know, they [Â __Â ] me up, dude.
- 49:50They they [Â __Â ] got in my head
- 49:52honestly with that email. So, here's
- 49:55here's the Jolts candle. Let's see what
- 49:57it does, if it's gonna do anything. But,
- 50:01Alpha Futures is great.
- 50:03I'm gonna continue to trade with them
- 50:06and then once Topep doesn't allow me to
- 50:09trade with them anymore, I'll probably
- 50:10just
- 50:12use some other firms.
- 50:15All right, so we're starting to push
- 50:16down a little bit, but
- 50:20we'll see how far it actually wants to
- 50:21retrace.
- 50:44So, what I'm thinking right now is like
- 50:49we try to we're trying to push down
- 50:51right now. If this just if this attempt
- 50:53just kind of totally fails and we snap
- 50:55back up, um
- 51:01there's a chance that we probably
- 51:03continue to 935. But you got to be
- 51:06careful cuz
- 51:08this is if as long as this doesn't get
- 51:10removed now, this area right here
- 51:14is what needs to essentially hold.
- 51:21Uh, my API tool. You're talking about
- 51:24the bot that I was working on.
- 51:28The bot I was working on was it was fun
- 51:30to work on it
- 51:33and I used it to pass some evals for me.
- 51:39But, um, it's kind of a big project,
- 51:42dude. And it distracts me from my normal
- 51:44trading. It's really hard to focus on my
- 51:47normal trading and then focus on my bot
- 51:49at the same time because like
- 51:53let's say right now like I'm running my
- 51:54bot. Well, I have to make sure that it's
- 51:56doing what it's supposed to be doing
- 51:58because
- 51:59it's I'm building it, right? So then it
- 52:02distracts me from trying to normally
- 52:04trade. And then I noticed that when I
- 52:06was building the bot, my trading
- 52:09kind of went downh downhill because I
- 52:12was distracted. So I still do it. I
- 52:15still have all the stuff. Um, we still
- 52:17coded all the the interface and stuff
- 52:20that you guys saw when I went on like
- 52:21TopStep TV or whatever if you saw me on
- 52:24there. And um,
- 52:27I just haven't really been using it
- 52:29recently because I'm trying to
- 52:34I'm trying to [Â __Â ] make money right
- 52:37now. I mean, the the uh the bot thing is
- 52:41like a fun thing.
- 52:44It's it's very difficult to create a bot
- 52:46and anybody who creates a bot and tries
- 52:48to sell it to you is you should never
- 52:49purchase a bot, by the way,
- 52:53because market regime shifts and then if
- 52:55that bot was working in one market
- 52:56regime, it's not going to work in the
- 52:58next one. And if someone claims that it
- 52:59does, they're full of [Â __Â ] Unless
- 53:01they're
- 53:03unless they're [Â __Â ] uh some genius,
- 53:08but at that point they'd probably work
- 53:10for a firm and they wouldn't be selling
- 53:11you their strategy for like 500 bucks.
- 53:13So,
- 53:16yeah, it takes a lot of time. It's
- 53:18awesome, though. Like if you can figure
- 53:19out a a good way to
- 53:22um you know make a bot and you and you
- 53:25know when are the best conditions to
- 53:27turn it on and you can turn it on and
- 53:29let it run and you do a good job and you
- 53:31optimize it and change it when market
- 53:33regime starts to change and you
- 53:34continuously adapt it. I mean it could
- 53:36be great
- 53:38but it's definitely a full-time thing.
- 53:40You can't just like create a bot and
- 53:42then just like let it run think it's
- 53:44just going to make you a millionaire.
- 53:45It's like
- 53:48It requires kind of like full attention.
- 54:11So, at this point,
- 54:13I'm just waiting to see what this fivem
- 54:15minutee candle is going to do if we
- 54:22So, we had obviously selling pressure
- 54:24come in from Jolts, but um
- 54:29this push push lower is
- 54:32kind of like getting exhausted a little
- 54:34bit. Honestly, it's
- 54:39We got 10 seconds left. So, I want to
- 54:41see how this closes. If the next five
- 54:43minute opens up and we just basically
- 54:46rip past all this selling pressure, then
- 54:48essentially the sellers failed and we're
- 54:50probably going to go make another high.
- 54:55Yeah, strategy of course is like
- 55:00what it comes down to when it comes to
- 55:02the bot
- 55:04and also the way that I trade normally
- 55:06because I use orderflow. For me to try
- 55:08and make a bot using level two data is
- 55:11so [Â __Â ] difficult. So, I have to use
- 55:12a completely different strategy
- 55:16and um
- 55:20then it like [Â __Â ] with my head because
- 55:23then I'll be seeing [Â __Â ] that my bot
- 55:24should be doing and then like I'm trying
- 55:26to trade my normal strategy and then it
- 55:28just gets messy mentally
- 55:31when I'm doing it at the same time.
- 55:38Especially because when you're making a
- 55:40bot like
- 55:43uh you know you can back test it all you
- 55:45want but the most accurate way to uh
- 55:50the most accurate way to actually make
- 55:52an algorithm work is to uh forward to
- 55:54walk forward with it to forward test it
- 55:57to actually implement it in current
- 55:58market conditions because like if right
- 56:01now the average daily range is like 370
- 56:03points and the average ATR on a
- 56:05fiveminute candle on a daytoday is like
- 56:08[Â __Â ] [Â __Â ] 30 points and then you go
- 56:11and you back tested some strategy back
- 56:13in 2021 when [Â __Â ] candles were like
- 56:16when 100 ticks was like oh you know what
- 56:18I mean like your entire strategy
- 56:21basically you're like oh it did well the
- 56:23past five years it's like well
- 56:26that doesn't mean it's going to do well
- 56:27right now all right let's see let's see
- 56:28if we're going to push higher right
- 56:42It's creating a pretty nice wick here on
- 56:44the on the hourly. Um, if we close above
- 56:48these sellers, it's very likely that
- 56:50we're going to just go take these highs
- 56:52and continue towards potentially 935.
- 56:56If um
- 57:02if we leave some clusters right here, I
- 57:04may potentially try and take a long
- 57:07position as long as we don't take this
- 57:09high before this candle closes.
- 57:13But we are pretty deep in premium right
- 57:16now. So if we were to turn around, we
- 57:19would be turning around somewhere in
- 57:20this area, especially after taking this
- 57:22high. So, I got to be careful uh cuz
- 57:25we're basically buying at an extreme of
- 57:28premium.
- 57:35Yeah.
- 57:39Yeah. But it's fun stuff though. Working
- 57:42on an algorithm. It's fun.
- 57:47I enjoy it. If I if I'm ever like a
- 57:51month where I'm just like up a lot from
- 57:54my normal trading, like I'll mess around
- 57:56with the stuff. But
- 57:58when I'm trying to make sure that I'm
- 58:00beating prop firms, uh I got to focus.
- 58:04Like right now with the prop firms,
- 58:06money in, money out for the month, I'm
- 58:07only like payout versus how much I
- 58:10spent. I only pulled out like 1,500
- 58:13from Topstep earlier this month in
- 58:15January. Um, I mean, we're still at the
- 58:18beginning, but and I spent like maybe
- 58:20350 bucks. So, I'm up like $1,000 with
- 58:24firms. I That's not enough. I need to I
- 58:27need to build this balance so I can be
- 58:29up like a few b a few bands with the
- 58:30firms and then
- 58:33get some more accounts.
- 58:37Then once everything is chill
- 58:40and I have a bunch of funded accounts
- 58:41and you know we're consistently beating
- 58:43the firms every month, I'll probably
- 58:44revisit it.
- 58:52So this is uh
- 58:57we're going to see how this closes. This
- 58:59is kind of a weak close for this attempt
- 59:01to go higher.
- 59:14What do you mean? Do I trade funded
- 59:16slowly
- 59:17or make a certain amount? I never have a
- 59:23a dollar amount target. I think that
- 59:26that's actually a bad idea. Unless
- 59:28you're in an eval where like obviously
- 59:30you need to hit consistency. Having a
- 59:32dollar amount target is kind of a bad
- 59:34idea because it might force you to
- 59:39take a trade just to hit like some
- 59:41dollar amount. But
- 59:44realistically, it doesn't matter. We
- 59:46should just be trading like uh
- 59:49yeah, now I don't have a profit goal.
- 59:55I mean, we can make like,
- 59:59you know, we can make three grand, we
- 1:00:00can make five grand, we can make $200. I
- 1:00:03mean, just whatever the market wants to
- 1:00:06give us. Some days we don't trade. Like,
- 1:00:08some days
- 1:00:10we sit here all day and then there's
- 1:00:12nothing.
- 1:00:18But I don't think anyone, if you're in a
- 1:00:21funded account, I don't think it's a
- 1:00:22good idea to be like, I just need to
- 1:00:24make $500 a day. Okay. Well, what if
- 1:00:26there's not opportunity for you to make
- 1:00:27that $500 a day? What are you gonna do?
- 1:00:29You gonna force it? So, I don't think
- 1:00:32it's good psychologically to do that.
- 1:00:36I don't really like the way this looks
- 1:00:37right now. There's a a potential we kind
- 1:00:40of consolidate right here, and I would
- 1:00:42hate to try and attempt to go long right
- 1:00:45now just for this to kind of snap back.
- 1:00:47So, I'm going to
- 1:00:49probably just sit out of this. But if we
- 1:00:52do start getting buyers um stepping in
- 1:00:55again, we attempted to push higher twice
- 1:00:57before jolts. If we successfully do it,
- 1:01:00then we're headed to 900 first and then
- 1:01:03if we continue momentum, we're going to
- 1:01:05935.
- 1:01:06But there is a chance that we probably
- 1:01:09consolidate here or just pop slightly
- 1:01:12above to 900 and then fall back down
- 1:01:16and kind of consolidate a little bit.
- 1:01:17So,
- 1:01:20we'll give it some time.
- 1:01:22I'm not uh pressured to try and take a
- 1:01:26trade. I mean, [Â __Â ] dude. We're up like
- 1:01:283,200 bucks, so
- 1:01:48Oh yeah. So I mean it.
- 1:01:52Let's look at it.
- 1:01:56Yeah. Like
- 1:01:59this is this is turning into a
- 1:02:02if we don't
- 1:02:05break out on this candle or the next
- 1:02:06candle and we just have a red candle
- 1:02:09that comes back here but doesn't
- 1:02:11actually push lower and just stays in
- 1:02:12here. It basically becomes like a for me
- 1:02:17like a don't touch this area type of a
- 1:02:24type of condition. I mean, it looks like
- 1:02:26we might push higher right now. Some
- 1:02:28buyers are stepping in.
- 1:02:41Yeah. So, no FOMO. I mean, the easiest
- 1:02:42thing about no FOMO is just like
- 1:02:47just remind yourself today is not the
- 1:02:49only day to trade. You know, there will
- 1:02:52always be more opportunities.
- 1:02:56Unless this unless the market and all
- 1:02:57the firms and all the [Â __Â ] just [Â __Â ]
- 1:02:59disappears then I guess. But
- 1:03:01realistically like
- 1:03:03there's always tomorrow. There's always
- 1:03:05more opportunities. If you had some
- 1:03:08analysis that something was going to
- 1:03:10play out and you didn't enter and then
- 1:03:12now it's playing out. Well, [Â __Â ] just
- 1:03:15good [Â __Â ] You know, you've you had the
- 1:03:17right idea, but don't try and chase it
- 1:03:19or force something that
- 1:03:24is going to put you in a shitty
- 1:03:25position.
- 1:03:39So, it looks like looks like we're kind
- 1:03:42of just consolidating here right now.
- 1:03:48We just had buyers attempt to step in
- 1:03:50and they kind of failed to do it. So,
- 1:03:54We're just stuck right here.
- 1:03:58So, unless they can actually just start
- 1:04:00blasting through this, this is probably
- 1:04:02an area where we should not um touch it.
- 1:04:15And plus, we're deep premium right now.
- 1:04:23In this range at least, the range would
- 1:04:25be from here to here, from this swing
- 1:04:27high to this swing low.
- 1:04:35And we're just stalling out here at the
- 1:04:37886 level.
- 1:04:51The 15minute is looking
- 1:04:56pretty bullish, but
- 1:04:59again, we're kind of just stalling right
- 1:05:01here. So, it's better to wait.
- 1:05:37I'd say basically as long as we're
- 1:05:39within
- 1:05:47basically basically as long as we're
- 1:05:49within like this area.
- 1:05:52Um,
- 1:05:57it's kind of just like [Â __Â ] This is
- 1:05:59just like noise. Like, yeah, we see
- 1:06:01sellers coming in, but
- 1:06:04it doesn't mean anything yet.
- 1:06:50So, we got to just sit here.
- 1:06:54I would not, if you're trying to take a
- 1:06:56trade right now, I would not try and
- 1:06:58force anything in here. I mean, you can
- 1:06:59try enforce something or anticipate a
- 1:07:02break lower or whatever and it could
- 1:07:05potentially work out, but it's just like
- 1:07:08a better idea to probably not,
- 1:07:13at least for me,
- 1:07:19until I see some type of actual
- 1:07:21confirmation that we're not just going
- 1:07:22to snap back into this.
- 1:07:42And also like
- 1:07:47these highs,
- 1:07:54I would be surprised if we Don't
- 1:07:56actually take these out by market close.
- 1:07:59Like if this is left as high a day and
- 1:08:01it looks like this, it would be kind of
- 1:08:03weird.
- 1:08:10I mean, it could happen though, but
- 1:08:15we have buyers stepping in again. We're
- 1:08:17just stuck here. We're going to see if
- 1:08:19these fail. And then if they fail, then
- 1:08:22it should probably pick up speed to the
- 1:08:24downside.
- 1:08:30But we don't want to anticipate it. We
- 1:08:32got to wait for a confirmation that's
- 1:08:34that it's actually happening. Otherwise,
- 1:08:35it's just like
- 1:08:38you're going to you try to take I mean,
- 1:08:40imagine you try to take a long right
- 1:08:41here, then it comes down. You're like,
- 1:08:42"Oh, no. It's going short." You take a
- 1:08:44short right here and then it snaps back
- 1:08:45up. I mean, you could just literally
- 1:08:47blow your entire account in like [Â __Â ]
- 1:08:48one hour trading this [Â __Â ]
- 1:09:28So, there's actually a decent amount of
- 1:09:30activity happening in this area, but
- 1:09:32there's no movement.
- 1:09:35There's no follow through. There's no
- 1:09:38movement. Volume on this candle, on this
- 1:09:40fiveminute candle, is actually pretty
- 1:09:41large. It's about 28,000 contracts.
- 1:10:01So, I think if it does break out of one
- 1:10:03of these
- 1:10:05ends, this this end or this end, it
- 1:10:09might pick up some speed. But
- 1:10:14we're going to just have to wait for it
- 1:10:15to actually get out of here and not just
- 1:10:18like move out of here, but like actually
- 1:10:23push hard with an imbalance of buyers or
- 1:10:26sellers. Sellers if it's this direction,
- 1:10:28buyers if it's if it's up,
- 1:10:31and then uh wait for a close.
- 1:11:14Like this is a per this is a perfect
- 1:11:17example of why you need to wait because
- 1:11:20like
- 1:11:25if
- 1:11:27you saw this candle coming down and you
- 1:11:29were like, "Oh, we're going lower and
- 1:11:30you try to enter shorts right here.
- 1:11:32Well, now you just took a $100 100 ticks
- 1:11:34of heat and unless you
- 1:11:38unless you put your stop loss at the
- 1:11:39highs, but like that's a 50 that's 55
- 1:11:42points. It's kind of large.
- 1:11:45And then even right now, like don't see
- 1:11:47this and be like, "Oh, we're going
- 1:11:50higher." Well, we don't know yet because
- 1:11:54we're stuck right here for now.
- 1:11:59I do think that we're probably not going
- 1:12:00to leave this high like this. Um whether
- 1:12:03or not we do that like within the next
- 1:12:0630 minutes or we do that sometime later
- 1:12:08today or maybe the PM session, I'd
- 1:12:11probably assume that this is probably
- 1:12:13not going to be left here like this. But
- 1:12:18we'll wait.
- 1:12:26That's nasty.
- 1:12:28It's like 30 30 points.
- 1:12:41But earlier somebody was uh
- 1:12:44I forgot who someone was asking me about
- 1:12:48chop and I and I mentioned a balance and
- 1:12:52an imbalanced market. This is an example
- 1:12:54of it. imbalanced market to a balanced
- 1:12:56market and then once we leave here
- 1:12:58imbalanced market and then it'll find
- 1:13:00somewhere to rest balanced market. The
- 1:13:02goal is not to trade balanced markets.
- 1:13:04The goal is to trade the imbalances
- 1:13:09because that's what causes a price
- 1:13:11movement. When price is balanced like it
- 1:13:14is right now, it's not going anywhere.
- 1:13:17buyers and sellers have kind of agreed
- 1:13:20on a fair value which is right around
- 1:13:22here for NQ.
- 1:13:24So until we get out of here,
- 1:13:27this can continue to do this for who
- 1:13:28knows how long until one side literally
- 1:13:32forces the other side to participate.
- 1:13:33Meaning like all everyone who's been
- 1:13:35buying in here, if we really sellers
- 1:13:37really decide to push lower, then it's
- 1:13:39going to force buyer participation to
- 1:13:41either get out or add to their position
- 1:13:43or whatever
- 1:13:46and try and defend or whatever, right?
- 1:13:48Same goes for the the highs. But until
- 1:13:51that happens, there could just be like
- 1:13:53indefinite theoretically like indefinite
- 1:13:56[Â __Â ] chop.
- 1:13:59But we know that eventually it's going
- 1:14:00to break out.
- 1:14:23Um,
- 1:14:25well, if you were to if you were to be
- 1:14:27looking at a volume profile,
- 1:14:29like I'll pull one up, but before before
- 1:14:31I pull it up,
- 1:14:34um, if you're looking at a volume
- 1:14:36profile, you are most likely
- 1:14:39after all this [Â __Â ] this is probably I
- 1:14:42don't even know where it's at right now,
- 1:14:43but it's probably the PC and you're
- 1:14:45going to see a large high volume node
- 1:14:46sitting right here. So like
- 1:14:50let's just let's just draw a volume
- 1:14:52profile so I can show you what I'm
- 1:14:54talking about.
- 1:14:59So the PC is sitting right here, right?
- 1:15:02And we have volume area high and volume
- 1:15:04area low. When
- 1:15:07and this is where the peak of all the
- 1:15:09volume is, right? So, like typically
- 1:15:14when we're balanced, you're going to
- 1:15:15have like a lot of volume and no
- 1:15:17movement. And then um it's basically
- 1:15:20going to be like you would know that
- 1:15:22we're kind of in a balanced area. And
- 1:15:24same goes for like let's say you're
- 1:15:26looking at a volume profile, right? And
- 1:15:29we start dropping. Okay. Well,
- 1:15:32where's the next area where we kind of
- 1:15:34were balanced a little bit? Okay. where
- 1:15:36it's probably going to be this next
- 1:15:37shelf of like the volume profile.
- 1:15:40Um, so there is a potential that once if
- 1:15:42price does move down, once it actually
- 1:15:45gets into this area, it could I mean,
- 1:15:47not specifically this area because you
- 1:15:49shouldn't be using a volume profile like
- 1:15:50this. Let me actually delete it.
- 1:15:53We'll we'll do uh
- 1:15:55we'll do one for
- 1:15:59the day. Let me see if I could
- 1:16:08[Â __Â ] Not this one.
- 1:16:11The one where you could draw it out.
- 1:16:18Okay. Like here.
- 1:16:22Perfect.
- 1:16:27So, like let's just say that
- 1:16:30this is the uh current daily candle.
- 1:16:33Okay. So, if you were to be looking at
- 1:16:36this right now,
- 1:16:39well, the PC is technically down here,
- 1:16:41but you see this super large high volume
- 1:16:44node. Well, it's sitting here like this
- 1:16:46peak right here. It's sitting right here
- 1:16:49where price is consolidating. We have
- 1:16:52this low volume node or this like valley
- 1:16:54you can call it when we made this large
- 1:16:56move up. And the reason why is because
- 1:16:58it was basically an imbalance of buyers
- 1:17:01over sellers. So you don't have, yes,
- 1:17:04there's a lot of volume in this candle,
- 1:17:06but it moves through this area like
- 1:17:08really quickly. And so down here, you
- 1:17:10have another basically
- 1:17:13peak, we'll call it high volume node. So
- 1:17:17if price begins to move down, there is a
- 1:17:19potential that if we come back down here
- 1:17:22into this low volume node, we can
- 1:17:25basically bounce off of it. But if it
- 1:17:28rips through it, then the next area
- 1:17:29where it might potentially
- 1:17:32find balance again is where previously
- 1:17:35where buyers and sellers found balance.
- 1:17:37Now, you have to take context into
- 1:17:40account though because this is
- 1:17:43pre-market
- 1:17:45um
- 1:17:46and then this is market open. So, you
- 1:17:50got to keep that in mind because where
- 1:17:52buyers and sellers found were kind of in
- 1:17:54agreement and found balance during
- 1:17:56pre-market can mean absolutely nothing
- 1:17:59for market open. So, now the PC finally
- 1:18:01changed up here. Um, but yeah, I don't
- 1:18:05use mark uh volume profile
- 1:18:08like this that often. I do sometimes,
- 1:18:11but something to look at is every five
- 1:18:13minute candle that I have basically is
- 1:18:16its own volume profile. Um, these are
- 1:18:19all volume profiles. This I'm looking
- 1:18:22where the volume's at.
- 1:18:25Uh,
- 1:18:28red, yellow, blue on some spots. So,
- 1:18:31blue is
- 1:18:33is the actual volume profile. Red and
- 1:18:36yellow are big trades. Yellow is buyers
- 1:18:38big trades. So, here we go.
- 1:18:52And then red is sellers. So, right now
- 1:18:55we're seeing large buyers step in. But
- 1:18:58just because large buyers are stepping
- 1:19:00in doesn't mean that we should
- 1:19:01necessarily buy it right now because we
- 1:19:04need to see what's going to happen
- 1:19:05following this. And we're still not out
- 1:19:06of this range area yet. But if it does
- 1:19:09get above here, we're going to take 900.
- 1:19:13[clears throat]
- 1:19:18I mean, when it comes to footprint,
- 1:19:23I'm not going to sit here and tell you
- 1:19:24that you need footprint. I mean, you
- 1:19:26don't. I mean, you can you can look at
- 1:19:28normal candlesticks like this. Like
- 1:19:30let's say the same way that I'm looking
- 1:19:32at a footprint chart and I see that okay
- 1:19:35sellers try to step in and they failed
- 1:19:37and we came back up. Okay. Well, if
- 1:19:39you're looking at an hourly candle and
- 1:19:40you see a large ass wick like this,
- 1:19:42well, if we use our brain a little bit,
- 1:19:44right? What does that mean? Well,
- 1:19:46sellers try to push down. They failed
- 1:19:48and we came back up. So, you don't
- 1:19:50necessarily need footprint. I just like
- 1:19:53using footprint for my entries because
- 1:19:56um I like to visualize it this way. I
- 1:19:59like seeing the additional information.
- 1:20:02Um, and
- 1:20:05it comes down to preference. I mean,
- 1:20:07it's the strategy that I trade. I like
- 1:20:08trading with footprint. Do you need
- 1:20:10footprint? No. Can I trade without
- 1:20:12footprint
- 1:20:14to an extent? Probably. Do I want to?
- 1:20:16Not really.
- 1:20:18So, you don't necessarily need footprint
- 1:20:20charts, but to me, I feel like it helps
- 1:20:23me out.
- 1:20:25And if it doesn't, if you don't think it
- 1:20:26helps you out, then you don't got to use
- 1:20:28it. I mean, there's plenty of traders
- 1:20:30who are super successful that don't use
- 1:20:32footprint. There's plenty of traders
- 1:20:34that are super successful that don't
- 1:20:35even use [Â __Â ] candlesticks, you know?
- 1:20:38They just uh I mean, you have traders
- 1:20:40who literally just look at the DOM, you
- 1:20:42know? I never look at I mean, I barely
- 1:20:45look at the DOM ever. I'm just looking
- 1:20:47at I mean I am because this is
- 1:20:49technically depth of market right here
- 1:20:51as levels but
- 1:20:54but yeah
- 1:20:56so
- 1:20:57anyone who ever tells you like oh like
- 1:20:59you need if you want to be a successful
- 1:21:00trader you need to do this this way it's
- 1:21:02like no you don't
- 1:21:06there's a thousand different ways to
- 1:21:08[Â __Â ] skin the cat.
- 1:21:11If you want to trade trend lines, go
- 1:21:12ahead and trade trend lines. You know,
- 1:21:16supply and demand, ICT, SMC,
- 1:21:21order flow, support and resistance. I
- 1:21:24mean, it really doesn't [Â __Â ] matter.
- 1:21:33But yeah,
- 1:21:35so
- 1:21:37we are failing to get above this [Â __Â ]
- 1:21:42I don't know how long how long we're
- 1:21:43going to stay here, but looks like we're
- 1:21:45uh we're kind of comfortable in this
- 1:21:47area.
- 1:21:50And this is actually a pretty decent
- 1:21:52size range if you think about it. So, if
- 1:21:54you were to actually try and trade this,
- 1:21:56the safest place to put your stop loss
- 1:21:58if you're going short or long or
- 1:22:00whatever is obviously on the other side
- 1:22:01of this range. Um
- 1:22:05Oh [Â __Â ]
- 1:22:12So,
- 1:22:13it's decently large. Honestly, to be
- 1:22:16completely honest, it's like
- 1:22:19200 ticks. So,
- 1:22:22and also there's always an there's
- 1:22:24always a chance that when we do um like
- 1:22:28consolidate like this that we can just
- 1:22:30manipulate to one side before we
- 1:22:31actually push. But
- 1:22:36I do think that we're going to push
- 1:22:39through here only because like
- 1:22:43I'm not really expecting
- 1:22:46the daily high to be left like this. I
- 1:22:48think that that's kind of a weird thing.
- 1:22:50It w it usually wouldn't look like this.
- 1:22:52So we have massive buyers stepping in
- 1:22:54right now.
- 1:22:56We're going to see if they can continue
- 1:22:58up to 900. And then if the momentum
- 1:23:00continues, then the target should be
- 1:23:02935.
- 1:23:05At least it would be for me. But what we
- 1:23:08need to be careful about right here is
- 1:23:10now that a large buyer stepped in, the
- 1:23:12market needs to accept this move out of
- 1:23:13this range. If it rejects this, we would
- 1:23:15fall back into the range. But how we're
- 1:23:18going to understand acceptance is there
- 1:23:20needs to be an additional strong push or
- 1:23:22follow through after these buyers step
- 1:23:24in. And then at that point, we
- 1:23:25understand, okay, buyers are taking us
- 1:23:29out of this range. And then we're going
- 1:23:31to look for potential momentum and
- 1:23:34continuation, watching volume, delta,
- 1:23:36and everything else to push us higher
- 1:23:37first to 900 and then potentially to
- 1:23:40935.
- 1:23:43Um, I mean, I don't know if order flow
- 1:23:46would be considered like the easiest or
- 1:23:48the best. I mean, I guess it's all
- 1:23:50preference.
- 1:23:53I do think it's great though. I think
- 1:23:54it's amazing. I think Orderflow is
- 1:23:56awesome, but obviously I'm biased
- 1:23:59because I trade it every day.
- 1:24:13I mean, I'm sure you'll probably run
- 1:24:15into a lot of people who say that ICT is
- 1:24:18the easiest and the best. And if you
- 1:24:20don't trade ICT, you don't know what the
- 1:24:22[Â __Â ] you're doing, you know?
- 1:24:25Everyone's got their own
- 1:24:27everyone's got their own strategy and
- 1:24:29stuff. So,
- 1:24:33as long as you're making money, dude,
- 1:24:34who cares?
- 1:24:36If my strategy is to look at the [Â __Â ]
- 1:24:38stars and the moon and how they align
- 1:24:40and trying to predict price and it's
- 1:24:42working, then who the [Â __Â ] cares?
- 1:24:45[snorts]
- 1:24:50So, we're kind of stalling out right
- 1:24:52here.
- 1:24:54We're going to see if we can get that
- 1:24:56push higher right now.
- 1:24:58You You wouldn't want to, if we are
- 1:25:00going to go higher, it should happen on
- 1:25:01this candle right now. Like, you
- 1:25:02wouldn't want to basically see this
- 1:25:04candle push back and close into this
- 1:25:06area or else we're going to just kind of
- 1:25:08[Â __Â ] stay in this range.
- 1:25:11This candle should be the candle that
- 1:25:13pushes higher and takes 900 if we were
- 1:25:16to be going higher, which it looks like
- 1:25:18we are.
- 1:25:26But I can't like even though I say that
- 1:25:29I can't take this trade. Why? Because
- 1:25:32like
- 1:25:33it's terrible risk-to-reward. What am I
- 1:25:35going to target 900 and then have my
- 1:25:37stop somewhere all the way [Â __Â ] down
- 1:25:38here? or it just
- 1:25:40it wouldn't make any sense.
- 1:25:43Now, if we do push through this and the
- 1:25:46momentum continues, then we would be
- 1:25:49going to 935.
- 1:25:54After 9:35,
- 1:25:56if we do get up to 935, I would be very
- 1:26:00careful about price continuing to go
- 1:26:02higher.
- 1:26:05It would need
- 1:26:08It can.
- 1:26:11But
- 1:26:13now you're getting into the area that we
- 1:26:16rejected for months.
- 1:26:20Um, with rhythmic, no, I'm not having
- 1:26:23any issues with rhythmic.
- 1:26:26But then again, my rhythmic data is not
- 1:26:28paper trading rhythmic data. So, it's
- 1:26:30not through a prop firm. I pay for
- 1:26:31rhythmic.
- 1:27:08So,
- 1:27:12uh, they're just different servers.
- 1:27:14They're different servers. So, like if
- 1:27:15you are having trouble on Rhythmic Paper
- 1:27:18Trading Chicago, like let's say that's
- 1:27:20the one that you're using or the proper
- 1:27:21tells you to use, that's going to be
- 1:27:23different than Rhythmic Chicago. Uh,
- 1:27:26because they're different servers. So,
- 1:27:27if one server is having issues, then it
- 1:27:29doesn't necessarily mean all of them are
- 1:27:30having issues. I mean, it could, but I
- 1:27:33haven't seen anything. And if the if
- 1:27:36you've been having problems and I
- 1:27:37haven't been having problems, then that
- 1:27:38might be why.
- 1:27:43All right. So, we in fact did not leave
- 1:27:45this as the high of the day. So, we'll
- 1:27:47see what actually becomes high day
- 1:27:51and we'll see if we can actually push to
- 1:27:53935 or if we're going to actually just
- 1:27:54turn around somewhere up here.
- 1:28:21But for the AM session,
- 1:28:25if we were to think about this
- 1:28:26logically,
- 1:28:28for the AM session, I know it's still
- 1:28:30early in the day, but
- 1:28:35if we have the idea A that like New York
- 1:28:38session will typically have in the AM
- 1:28:41maybe one or two solid moves like really
- 1:28:44solid moves with momentum and they go
- 1:28:46for 50 to 100 point. Oh [Â __Â ] Look at
- 1:28:48this.
- 1:28:49Oh [Â __Â ]
- 1:28:55Holy [Â __Â ]
- 1:28:59You could chase this if you want to. I'm
- 1:29:00not going to do it though
- 1:29:03cuz that might happen. Damn. What the
- 1:29:05[Â __Â ] was that?
- 1:29:16Damn.
- 1:29:17All right.
- 1:29:23Whoa.
- 1:29:25That came out of nowhere.
- 1:29:29I wonder if so if this this could look
- 1:29:33like the high of day. I mean, that would
- 1:29:34make sense if this was the high day more
- 1:29:36than if this was the high a day. This
- 1:29:40would look a little bit more like what a
- 1:29:42high a day would usually look like. But
- 1:29:44that's [Â __Â ] crazy.
- 1:29:48And that wasn't even like any type of
- 1:29:50normal open either of a candle. Look at
- 1:29:54all these. Look at this. Look at the
- 1:29:55imbalance on sellers. That's crazy.
- 1:29:59That's crazy. I wonder if it's going to
- 1:30:01continue or if that just [Â __Â ] took
- 1:30:04everybody out that was in a long
- 1:30:06position and is now going to rip up.
- 1:30:08That would be [Â __Â ] brutal. I doubt
- 1:30:11it. It looks like
- 1:30:16Damn, that was kind of gnarly.
- 1:30:19No, that was not Jolts, dude. The Jolts
- 1:30:21was supposed to come out like uh Jolts
- 1:30:25came out like 40 minutes ago,
- 1:30:28right? Am I tripping?
- 1:30:38There was nothing there. I don't even
- 1:30:40know what that was.
- 1:30:42That happened at
- 1:30:4810:38 Eastern time.
- 1:30:52Yeah. Anyone who was long with their
- 1:30:55stop loss like right below this range
- 1:30:58just got violated.
- 1:31:09We'll see if the if this actually is a
- 1:31:12legitimate initiation to move price
- 1:31:14lower.
- 1:31:16Damn, good stuff. You're short.
- 1:31:22Not bad.
- 1:31:35Yeah, kind of a weird uh
- 1:31:38weird candle. Look at this [Â __Â ] 15
- 1:31:41minute.
- 1:31:43What the [Â __Â ] It might actually
- 1:31:46continue lower.
- 1:31:58The only reason why I wouldn't want to
- 1:32:00take this lower is because we already
- 1:32:01kind of took this low. If we'd never
- 1:32:03took the low on this push down, I might
- 1:32:06have actually tried to take a short
- 1:32:08right here. But
- 1:32:11you know where we are now? We're right
- 1:32:13back in this [Â __Â ] range.
- 1:32:18Oh, that was Nvidia news.
- 1:32:32I'm going to go short.
- 1:32:34>> I'm going to go five micros, though. And
- 1:32:36I'm literally just going to put my stop
- 1:32:39at the top of this uh
- 1:32:42at the top of this candle. I might get
- 1:32:44stopped out right now because we're in
- 1:32:45the range and this can just be snapping
- 1:32:47back and forth. But
- 1:32:51if I lose this trade, I'm going to be
- 1:32:53done for the day and I'll be up uh 3,000
- 1:32:56bucks.
- 1:33:16I would like to see a continuation here
- 1:33:20of selling pressure, but if we don't get
- 1:33:21it, it's all right. At least to the low
- 1:33:24of this candle that [Â __Â ] happened.
- 1:33:36And once we start getting closer to the
- 1:33:38bottom of this range, like a little bit
- 1:33:40more, I'm actually going to move uh my
- 1:33:43stop loss to break even because I don't
- 1:33:46want this to stay in the range and snap
- 1:33:48back.
- 1:34:01And I would like this PC to remain here
- 1:34:03on this fiveminute candle. If it starts
- 1:34:05to be closer to the bottom of the range,
- 1:34:07it's not it's not good.
- 1:34:16So, there's like 30 seconds left.
- 1:34:20>> Yeah, that's nasty.
- 1:34:22That is disgusting.
- 1:34:41So, we might actually just stay in this
- 1:34:43range.
- 1:34:48But you know what? Worst case scenario,
- 1:34:50we will
- 1:34:52end the day up uh
- 1:34:55three grand.
- 1:35:03It is the new 15-minute candle. So,
- 1:35:05we're going to see
- 1:35:09this is kind of a weird looking
- 1:35:1115minute. Small body, two large wicks to
- 1:35:13both sides. This 15-minute candle may
- 1:35:16just stay within this entire [Â __Â ]
- 1:35:20uh range from like here to here for the
- 1:35:23next 15 minutes. I mean, that's like
- 1:35:24almost 100 points. So,
- 1:35:32Yeah, and also the PC came back to the
- 1:35:34middle of this uh five minute. So, it's
- 1:35:37likely that we actually
- 1:35:40uh stay in the range, get stopped out,
- 1:35:42come back up here.
- 1:35:45But it's all right.
- 1:35:52>> Order filled.
- 1:35:53>> All right.
- 1:35:59So
- 1:36:02that was one, two, maybe I think the
- 1:36:05third trade.
- 1:36:08I don't know. But
- 1:36:11what I was trying to see is we had large
- 1:36:14sellers come in here. Um
- 1:36:18I wanted to see us actually continue
- 1:36:19lower, but we're staying here in the
- 1:36:22range.
- 1:36:26So, I went half size on that. So, I only
- 1:36:28went five micros because I real I mean,
- 1:36:30I knew that we were in the range and
- 1:36:32it's realistically not a good idea to do
- 1:36:34that. But, we're in profit on the day,
- 1:36:36so
- 1:36:39might as well try and press a little
- 1:36:41bit. If it doesn't work out, you know,
- 1:36:43who cares? We lost $227.
- 1:36:48Balance is 4500.
- 1:36:52profits three grand. Um, at this point
- 1:36:55we are getting closer to lunchtime. So,
- 1:37:01we're kind of just staying in this
- 1:37:03range. We try to break out with large
- 1:37:06volume to the upside and then something
- 1:37:08happened. I don't know what. Uh, might
- 1:37:10have been Nvidia, might have been
- 1:37:12Russia.
- 1:37:13Who the [Â __Â ] knows, dude? I don't know.
- 1:37:15But we [Â __Â ] came down. It failed to
- 1:37:17go lower and now we're right back here
- 1:37:19in this range. Maybe it might actually
- 1:37:21push up now, but I don't want to trade
- 1:37:22it. Uh, this is kind of gross. Like,
- 1:37:26like, look at this. That's [Â __Â ]
- 1:37:28disgusting.
- 1:37:30So, I think it's probably the best idea
- 1:37:35to call it a day,
- 1:37:37protect our capital in low probability
- 1:37:40conditions,
- 1:37:42and come back tomorrow because I still
- 1:37:45need winning days on this account to
- 1:37:47pull the third payout from this funded
- 1:37:50account.
- 1:37:52So,
- 1:37:54that's it. Hopefully you guys didn't
- 1:37:58trade this [Â __Â ] and get [Â __Â ] wrecked.
- 1:38:00Or if you did, I hope you were like SM
- 1:38:02who shorted it up here and instantly
- 1:38:04made 70 points like in the blink of an
- 1:38:06eye. But uh I will log off for the day
- 1:38:10and I'll be back um tomorrow probably 15
- 1:38:13minutes before market open. So if you're
- 1:38:15going to trade the rest of the day, just
- 1:38:16be careful
- 1:38:18and I'll catch you guys next time.
- 1:38:19Peace.
About this transcript
This page contains the full transcript of +$3,000 on the funded account today 🔴 Live NQ Futures Trading | Order Flow & Prop Firms by Christopher Creamer | Orderflow Trader, generated from the public captions YouTube serves with the video. The transcript has 11,060 words across 1,760 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.