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🔴 Live NQ Futures Trading | Order Flow & Prop Firms — Transcript

by Christopher Creamer | Orderflow Trader · 6,058 words · 1,128 segments · language en · Watch on YouTube

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  1. 0:05[snorts]
  2. 0:37>> All right. So,
  3. 0:39>> [laughter]
  4. 0:41>> on stream on stream run a losing streak.
  5. 0:43So, I think uh
  6. 0:49All right. We're going to we're going to
  7. 0:51end end the losing streak on stream. I
  8. 0:53think honestly
  9. 0:56I think almost every day this week I
  10. 0:58lost on actually not every almost every
  11. 1:00day. Every single day this week Monday,
  12. 1:04Tuesday, Wednesday
  13. 1:06I ended up taking an L on stream and
  14. 1:08then
  15. 1:10later on
  16. 1:11during the day
  17. 1:13I made my profits.
  18. 1:16I I got to stop doing that.
  19. 1:20I mean, I don't really have a whole lot
  20. 1:21of control over it, but
  21. 1:25we could be a little bit more patient
  22. 1:26during
  23. 1:27the stream.
  24. 1:29Yesterday
  25. 1:31um
  26. 1:34I did end up taking shorts uh on this
  27. 1:36account. So, I got my funded account
  28. 1:38back from Alpha Futures.
  29. 1:41And I ended up taking shorts right here.
  30. 1:45It was like
  31. 1:46uh
  32. 1:53like 90 points with like seven micros.
  33. 1:58So, we're up 1,200 on this account.
  34. 2:00Today,
  35. 2:02I do need to focus on this funded
  36. 2:04account. I've been
  37. 2:05I got to stop messing around. I'm going
  38. 2:06to trade evals later on on my own time.
  39. 2:11I got a
  40. 2:12And also, it's probably not a good thing
  41. 2:13to trade evals during the stream anyways
  42. 2:16cuz sometimes I take aggressive trades.
  43. 2:19Trading evals.
  44. 2:20So,
  45. 2:22with that being said,
  46. 2:25we're going to focus on our funded
  47. 2:26account with Topstep
  48. 2:29cuz I need to build the balance on this.
  49. 2:32The balance is only like
  50. 2:34$200
  51. 2:35cuz I took a L that one day. Um
  52. 2:41where
  53. 2:43I got stopped out
  54. 2:45by a couple ticks for like
  55. 2:48500 and then I made some of it back. So,
  56. 2:51or I made it all back plus more. So, now
  57. 2:53it's uh
  58. 2:55So, they got a balance of 200. So, we
  59. 2:56got to build this one up. I got to focus
  60. 2:58on this.
  61. 3:03So, we're going to wait
  62. 3:05and trade it today.
  63. 3:08Probably leave the alpha account alone.
  64. 3:09Honestly, on the alpha account, um
  65. 3:14the max payout on this for the second
  66. 3:19the second withdrawal is 2250.
  67. 3:24So, I'm already there.
  68. 3:28So, I just need I'm going to just
  69. 3:29probably milk the other days
  70. 3:32to lock that in.
  71. 3:36So, we're going to leave it alone.
  72. 3:44Yeah, so I was um I was wa- I'm watching
  73. 3:47I was watching up here.
  74. 3:49I was considering taking a pre-market
  75. 3:51short, but I decided not to.
  76. 3:56But in the event that we do start
  77. 3:58rejecting off of this, I mean we could
  78. 4:00really make our way down.
  79. 4:03At least towards London lows and then
  80. 4:05potentially Asia lows.
  81. 4:15So the plan today is basically I'm
  82. 4:16watching up here, treating it kind of
  83. 4:18like a zone.
  84. 4:20Where I'm treating it as a zone.
  85. 4:25It just happened pre-market. We started
  86. 4:27reacting out of it.
  87. 4:33So I'd be looking for us, if we are
  88. 4:34going to drop to actually make our way
  89. 4:36towards 29,900 area.
  90. 4:51So we'll see what happens. I'm going to
  91. 4:53I've noticed that recently like
  92. 4:56at the open
  93. 4:59at least this week
  94. 5:01I've been getting wrecked and then like
  95. 5:02later on once it like
  96. 5:04stops chopping up around and then it
  97. 5:06actually starts going somewhere.
  98. 5:09I end up
  99. 5:11doing all right, so we'll probably
  100. 5:14be a little careful.
  101. 5:17Plus there's not really a balance on
  102. 5:18this account yet, so I got to
  103. 5:21probably use like three micros on this
  104. 5:2350K and try and
  105. 5:25add into a winning position.
  106. 5:28It's kind of the idea.
  107. 6:14>> So, we're going to wait for market open.
  108. 6:15Also, full transparency, I kind of
  109. 6:18[ __ ] up those Apex accounts.
  110. 6:21>> [laughter]
  111. 6:22>> So, we're going to we're going to we're
  112. 6:23going to chill on the copy trading.
  113. 6:25Going to go back to trading these
  114. 6:26accounts individually. I still have like
  115. 6:28a few funded like a handful of funded,
  116. 6:30but
  117. 6:31I don't think I'm going to copy trade
  118. 6:32them.
  119. 6:34We gave it a shot.
  120. 6:36Plus, Apex is like
  121. 6:40slight it's just slightly concerning.
  122. 6:44Apex slightly concerns me.
  123. 6:48I haven't really traded with them like
  124. 6:49that though. I I mean, I've purchased a
  125. 6:51couple evals here here there. I've had a
  126. 6:53few PA accounts with them, but
  127. 6:56I've actually never taken a payout from
  128. 6:58Apex.
  129. 7:01I've only traded them a couple times.
  130. 7:06And I'm usually copy trading them, so
  131. 7:08they they just like disappear
  132. 7:10if I've messed it up.
  133. 7:16After studying options flow for a couple
  134. 7:18of months, I think I've come to the
  135. 7:19humble conclusion of this value
  136. 7:23gex candlestick structure.
  137. 7:28What up, Gianni?
  138. 7:31Uh H V O for tanukis showing at 29,785.
  139. 7:37Also, where the put wall's at currently.
  140. 7:40And it's a pretty stacked level down
  141. 7:42there. We have a ton of open interest
  142. 7:44sitting around 29,900, 29,785
  143. 7:47area.
  144. 8:03Damn.
  145. 8:24So, today what I'm looking at is
  146. 8:27I know [clears throat] we had this
  147. 8:28really large move. Uh funny enough,
  148. 8:33yesterday I was watching it come towards
  149. 8:35uh where I had discount marked. And when
  150. 8:37we were down here, the put wall was
  151. 8:39actually sitting here as well.
  152. 8:40I was on the call I was on a call with
  153. 8:42somebody and I was telling them I was
  154. 8:45like, "If we close down here,
  155. 8:47if CME opens, I'm probably going to take
  156. 8:50it long uh and try and hold it
  157. 8:52overnight." And then I was saying that
  158. 8:55we could potentially start the move and
  159. 8:57then I'll just get into it as CME opens.
  160. 8:59But then
  161. 9:00just did the whole thing.
  162. 9:04So,
  163. 9:05kind of unfortunate, but
  164. 9:11shoulda coulda woulda.
  165. 9:19So, we'll see if we actually rotate
  166. 9:21lower and at least come back to
  167. 9:22rebalance some of it before we continue
  168. 9:24higher.
  169. 9:26Or if we're just going to continue the
  170. 9:27rip up.
  171. 9:29So, my eyes are set up here.
  172. 9:32We are watching this today.
  173. 9:35Unfortunately, we're already reacting
  174. 9:37out of it pre-market.
  175. 9:39So, there's a there's there's a pretty
  176. 9:41decent chance that we actually just open
  177. 9:43up and just
  178. 9:44at least immediately go take London
  179. 9:46lows. Or these lows, right?
  180. 9:50So, we will see.
  181. 9:53We will see.
  182. 9:57We do need to be careful about us
  183. 9:58potentially rotating around, though.
  184. 10:05Doing something like this.
  185. 10:10Got to be careful about that.
  186. 10:13>> [snorts]
  187. 10:15>> And 3 Q and the X call resistance
  188. 10:17sitting at 30,326.
  189. 10:26Yeah, basically the same.
  190. 10:29Mine's at 325.
  191. 10:38If we do push up into this again at the
  192. 10:41open and we start seeing um buyers
  193. 10:43struggle to get past it or we see
  194. 10:45failure,
  195. 10:47I might try and take uh
  196. 10:49take a short position, but I got to be
  197. 10:51careful.
  198. 10:53I um
  199. 10:55I'm determined to stop
  200. 10:57getting wrecked this week on stream.
  201. 11:01It's like my
  202. 11:02priority right now.
  203. 11:05Cuz I feel bad, dude.
  204. 11:09Feel guilty.
  205. 11:18All right. So, Giani says he feels long,
  206. 11:20so that means we're definitely dropping
  207. 11:21today. So,
  208. 11:24we're definitely not going up, then.
  209. 11:27If Giani says that he's thinks we're
  210. 11:29going up, then he is the indicator for
  211. 11:31the morning that we're going down.
  212. 11:42He he Gianni's my confirmation. He told
  213. 11:44me yesterday that he's been getting
  214. 11:46absolutely wrecked during New York.
  215. 11:49Perfect. He thinks we're going up.
  216. 11:53We're going down.
  217. 12:00I'm just messing with you, Gianni.
  218. 13:21All right. So, we will wait for the
  219. 13:24open. We'll see if there I mean, I would
  220. 13:26prefer to take shorts today, to be
  221. 13:28honest. I would prefer shorts.
  222. 13:31If it
  223. 13:33plays out.
  224. 13:47So, when we open up, we'll see what we
  225. 13:49do.
  226. 14:13>> Connection lost.
  227. 14:17>> Damn, what happened?
  228. 15:10All right, we got 20 seconds.
  229. 15:28>> Although today I did say I was going to
  230. 15:29be a little careful about the open cuz
  231. 15:31I've been smacked
  232. 15:32this week.
  233. 15:35But let's see what it does. I want to
  234. 15:36see if we're going to push up back
  235. 15:37towards this area
  236. 15:40and then have some failure.
  237. 15:49We're probably going to drop from here.
  238. 16:03I'm going to go three micros.
  239. 16:07We're going to go three micros.
  240. 16:10The moment we start taking lows
  241. 16:14we're going to um move it to break even.
  242. 16:49All right, I'm going to break even now.
  243. 16:51We're going to I'm going to hold this if
  244. 16:53I can.
  245. 16:55I'm going to try and take it all the way
  246. 16:57down to 29,900
  247. 17:00if we're going to run it.
  248. 17:04And I'll just trail stop along the way.
  249. 17:30>> Thanks for the call out Giani. I
  250. 17:32appreciate it.
  251. 17:45The inverse indicator.
  252. 17:49So I if we're going to continue lower, I
  253. 17:51want us to stay below
  254. 17:5533,100.
  255. 17:59But I think there's a pretty good chance
  256. 18:01we could actually drop it down. I'm I'd
  257. 18:03be
  258. 18:04seeing if I could front run.
  259. 18:07Actually, you know what?
  260. 18:10Oh, that'd be like 200 points.
  261. 18:34No, I'm just messing with you, Giani.
  262. 18:43If you guys took this trade,
  263. 18:45uh you can be
  264. 18:47you can get out wherever, but I'm I'm
  265. 18:49going to hold it.
  266. 18:53Try to go for like 200 points. I'm using
  267. 18:54three micros.
  268. 19:07And then hopefully
  269. 19:09hopefully this doesn't come back
  270. 19:12to uh
  271. 19:14my entry
  272. 19:15so that we can
  273. 19:20we can end that
  274. 19:22on stream losing streak right here
  275. 19:25today.
  276. 19:30Uh entered right at open. Yeah, I did. I
  277. 19:33wanted to I was thinking about going
  278. 19:35short pre-market, but I
  279. 19:38was thinking to wait.
  280. 19:41Um
  281. 19:47We pushed up at the open and then we
  282. 19:49immediately just
  283. 19:50it was just a totally
  284. 19:52fake
  285. 19:54push upwards.
  286. 19:57It immediately failed.
  287. 20:07What's important though is this next
  288. 20:085-minute candle. If next 5-minute candle
  289. 20:12um
  290. 20:14opens up
  291. 20:16stays below 30,100
  292. 20:18and we continue down. If we close down
  293. 20:21here in 10 seconds, then we should
  294. 20:22actually be looking pretty good.
  295. 20:50I'm actually going to add into it if it
  296. 20:51flips bearish.
  297. 20:54DPK's in longs.
  298. 21:01>> [snorts]
  299. 21:08>> If I get tagged in on the shorts right
  300. 21:09now, it'll add me in three more
  301. 21:11contracts and then I'm going to trail
  302. 21:13stop to the top of the 5-minute wick.
  303. 22:03>> Order filled.
  304. 22:06>> All right, let's see if it will continue
  305. 22:08or take me out of break even.
  306. 22:10If we get a strong push down from uh
  307. 22:13this 5-minute, I am going to start
  308. 22:15trailing it to the to the open of it,
  309. 22:17though.
  310. 22:18So, that this trade wasn't a total waste
  311. 22:21of time.
  312. 22:23But, I'm looking for the momentum to
  313. 22:26continue if we get it. Otherwise, we'll
  314. 22:27just take our We'll take our 40 bucks.
  315. 22:32But, we are at we are at value area low,
  316. 22:34yeah.
  317. 22:35Which is concerning, but whatever.
  318. 22:45>> [snorts]
  319. 23:01>> Going to get ready to trail it. I would
  320. 23:03trail it to the open.
  321. 23:05The moment it takes the 5-minute lows.
  322. 23:08All right.
  323. 23:09We'll just lock that in. We'll see if it
  324. 23:12can continue.
  325. 23:13We had a large seller step in, so we got
  326. 23:15to see follow through, or else we're
  327. 23:17going to reject from here.
  328. 23:36We almost got stopped out of that.
  329. 23:39Maybe maybe we're pretty lucky.
  330. 23:42Might be lucky today, huh?
  331. 23:45All right, I'm trailing it right above
  332. 23:48where this big trade's at, which is
  333. 23:49sitting
  334. 23:5130,039.
  335. 23:54We'll lock in 600. We'll see if we can
  336. 23:56get the flush lower down towards that
  337. 23:5829,000 area I was talking about.
  338. 24:02We're going to front run it by five
  339. 24:04points, and if it hits,
  340. 24:06it'll be like
  341. 24:10I think 200 something points from
  342. 24:12initial entry.
  343. 24:18We just need us to continue. We're
  344. 24:20almost there.
  345. 24:25But this is kind of what I was looking
  346. 24:26in for, right? I said 5-minute candle
  347. 24:28open up, stay below 30,100, and we
  348. 24:30should be okay.
  349. 24:35Unless it hits break even, or hits my
  350. 24:36trailing stop.
  351. 24:38Then we'll just take our
  352. 24:40600 bucks.
  353. 24:43All right.
  354. 24:45Take our 600 bucks, and then we will
  355. 24:47continue on to the next opportunity,
  356. 24:50if we have one.
  357. 25:04>> Where is my original entry? It's like
  358. 25:06right when we were flipping bearish.
  359. 25:12We've gone over 100 points so far from
  360. 25:14initial entry.
  361. 25:16If we get tagged out at
  362. 25:2030,039
  363. 25:22I think I got in somewhere over here.
  364. 25:25Maybe like 93 points. That's fine.
  365. 25:29We'll be good.
  366. 25:38If we get a strong push down, I'm
  367. 25:39actually going to trail it again.
  368. 25:55I'm going to trail it right here. We'll
  369. 25:56lock in a thousand bucks.
  370. 25:58We'll be okay with that.
  371. 26:32I'm trailing it behind the stacked and
  372. 26:34balanced. Actually, I'll just leave it
  373. 26:36there.
  374. 26:38I'm going to wait.
  375. 26:40Cuz we're about to run lows.
  376. 26:46I do have to be careful of us wicking
  377. 26:48lows and slamming back up, so
  378. 26:51as we approach right here, I'm going to
  379. 26:52start trailing it pretty tight.
  380. 27:16All right, we took we took lows.
  381. 27:20See if we can get it to continue.
  382. 27:24I'm trailing stop here. We'll lock in
  383. 27:261,900.
  384. 27:29Trailing stop to lows.
  385. 27:31>> Order filled.
  386. 27:33>> What a banger.
  387. 27:37You like that?
  388. 27:40All right, now I'm just playing, but
  389. 27:44I will say
  390. 27:46that we actually ended this the
  391. 27:50we ended the um
  392. 27:54losing streak on the live.
  393. 27:57So,
  394. 27:59no one can say anything about that this
  395. 28:01week. We'll pat ourselves on the back. I
  396. 28:03know like earlier this week, guys, like
  397. 28:06I
  398. 28:08took some L's on the stream and then
  399. 28:14I get off stream and make it back.
  400. 28:17We had help from Gianni this morning. He
  401. 28:19said go long, so instantly that's my
  402. 28:22indication that we were totally going to
  403. 28:24melt.
  404. 28:26So, it worked out perfectly.
  405. 28:29So, oh, we're we're really going.
  406. 28:34But, yeah, so I got out around this
  407. 28:37area.
  408. 28:38Um
  409. 28:40I am going to be watching this area
  410. 28:41here.
  411. 28:45But, yeah, so like as of right now,
  412. 28:47we're up 2230 on this funded account.
  413. 28:51And then on our
  414. 28:53Alpha Futures funded account, we're up
  415. 28:551200.
  416. 29:00So,
  417. 29:04we're up $3400 today on the funded
  418. 29:06accounts.
  419. 29:09We caught like 900 ticks on the funded.
  420. 29:12We added into it.
  421. 29:18I
  422. 29:19If I had to take a guess,
  423. 29:21I'm going to guess [clears throat] that
  424. 29:23DS
  425. 29:24is in this short, still holding it.
  426. 29:41How you just close it? Nice.
  427. 29:47Asia lows. Got you.
  428. 29:56Well,
  429. 30:02what do we do now?
  430. 30:04I'm just joking.
  431. 30:08I could trade.
  432. 30:11The Here's the thing though, like after
  433. 30:15after we move down like this,
  434. 30:18it's like
  435. 30:20this is obviously the move of the
  436. 30:22morning.
  437. 30:24Um
  438. 30:28Let me ask you, who took those shorts?
  439. 30:30Who took the shorts?
  440. 30:33Did anyone take those shorts?
  441. 30:36Besides DS and Apple.
  442. 30:45>> Angel.
  443. 30:48Let's go.
  444. 30:53Jacob, let's go.
  445. 30:56Goku did, let's go.
  446. 31:05John McDonald made 3,500 on the shorts.
  447. 31:08We all cooked.
  448. 31:10We cooked.
  449. 31:12Johnny.
  450. 31:13Johnny, did you take the shorts, bro?
  451. 31:16Did you get Did you give up on uh on
  452. 31:19your long idea? All right, cool.
  453. 31:23>> [laughter]
  454. 31:25>> I'm glad to hear that.
  455. 31:28You trusted me. Cool.
  456. 31:31Well, if they're
  457. 31:32Yeah, if you went long, bro, that you
  458. 31:34literally couldn't have been any
  459. 31:37Okay, time out. This sell sell off is
  460. 31:39actually intense right now.
  461. 31:41We just went 2,000 ticks.
  462. 31:44We
  463. 31:45We really didn't pull back at all. You
  464. 31:46could have just kept trailing it. No
  465. 31:49hard TP.
  466. 31:53Wow, look at this, dude.
  467. 32:11Wow.
  468. 32:22Dude, the selling Look at Look at how
  469. 32:24much There's 116,000
  470. 32:26on this 5-minute candle. That's intense.
  471. 32:33Geez.
  472. 32:49>> Dude, honestly
  473. 32:53this market is is great to trade, dude.
  474. 32:55When we have these moves like this
  475. 32:59so much opportunity. Six micros.
  476. 33:03You know what I mean? Like six micros,
  477. 33:04200 bucks. You really don't need a lot.
  478. 33:08We're just flying around 1,000 ticks
  479. 33:10every single day.
  480. 33:19DS is killing it.
  481. 33:21Let's go.
  482. 33:28Yeah, 1K in less than 3 minutes with
  483. 33:30three micros. Banger.
  484. 33:40Trading on the iPad.
  485. 33:43I trade on the iPad. Whenever I travel
  486. 33:46I take my iPad that's sitting right
  487. 33:47here. You guys can't really see it.
  488. 33:50And I I have like the keyboard.
  489. 33:53And I'll I'll trade on the
  490. 33:56on Topstep.
  491. 34:05Still going.
  492. 34:12Yeah. The The only thing is that um
  493. 34:16when I travel though, I do take my
  494. 34:18laptop and I take I take it a
  495. 34:22uh external screen.
  496. 34:25So then I'll have my iPad, my laptop,
  497. 34:27and then a an external screen.
  498. 34:30And then um it's like a little three
  499. 34:32monitor setup. I'll look at footprint on
  500. 34:34my laptop, execute on my
  501. 34:36iPad.
  502. 34:39And then trading view on the external
  503. 34:40screen.
  504. 34:43Ooh, Italy. That should be fun.
  505. 34:57Am I on every day? Yes. John McDonald, I
  506. 35:01am on every day. Although tomorrow, I
  507. 35:03think I'll be live with prop firm match.
  508. 35:08So, this morning I said we needed to
  509. 35:11build the balance on this account.
  510. 35:15Okay, so a little recap I guess of
  511. 35:17today.
  512. 35:20So,
  513. 35:22we took shorts
  514. 35:25over here.
  515. 35:27Where is it?
  516. 35:29We took shorts over here during the
  517. 35:30overnight on this funded account. So,
  518. 35:33we're up 1,200 on this one.
  519. 35:36We caught 90 points.
  520. 35:39And then we took shorts on this funded
  521. 35:41account
  522. 35:43today.
  523. 35:46We caught 200 points.
  524. 35:49212 points. So, we caught 300 points
  525. 35:52today.
  526. 35:59You know what that deserves?
  527. 36:04Oh, is there no soundboard in here?
  528. 36:07I was going to soundboard a golf clap.
  529. 36:16Ball clap.
  530. 36:17>> [laughter]
  531. 36:36>> Let's see what Let's see what Gionni
  532. 36:38sent me.
  533. 36:39Gionni, why do you DM me like this, bro?
  534. 36:41Why don't you just say it in the chat?
  535. 36:44You DM'd me, "Let's go, bro."
  536. 36:51Why don't you just say it in the chat?
  537. 36:56Oh, is it cuz he's not in here anymore?
  538. 36:58Oh, that's probably why.
  539. 37:05Gionni's a funny guy.
  540. 38:13What up, Manu?
  541. 38:15First time here. Well, what a day for
  542. 38:17the first time here. Whoa.
  543. 38:22What is this, 4,000 ticks already? Oh,
  544. 38:243,000. Almost 2,500.
  545. 38:31Yeah, you're just
  546. 38:34>> [laughter]
  547. 38:35>> type of day you could just get in short
  548. 38:37and then it just keeps shorting.
  549. 38:41Although this was a valid this was a
  550. 38:43valid
  551. 38:44you could have watched this fail and you
  552. 38:46could have probably tried to short it,
  553. 38:47yep.
  554. 38:57Yeah, you can get in on every absorption
  555. 39:00of buyers higher.
  556. 39:02>> [snorts]
  557. 39:05>> So,
  558. 39:07we are
  559. 39:08definitely So, this is important to
  560. 39:10note, okay?
  561. 39:12This is what I was talking to somebody
  562. 39:14about yesterday. So,
  563. 39:15when I told you guys earlier, I don't
  564. 39:17know if you guys were on if you weren't
  565. 39:18on, but basically I was explaining that
  566. 39:21um
  567. 39:23I was on a call yesterday right when we
  568. 39:25were dipping down into here and I was
  569. 39:27mentioning that I was looking for us to
  570. 39:30come up. I was going to try and do it
  571. 39:32during the CME open heading into Asia,
  572. 39:35but we kind of did it randomly at the
  573. 39:37end of the day.
  574. 39:38And then I told the person I was talking
  575. 39:40to that
  576. 39:42potentially we're going to be looking
  577. 39:43for us to put in a lower high.
  578. 39:46Right? And then in the event that we
  579. 39:48start really ripping down, I wasn't
  580. 39:50expecting it to happen like this to be
  581. 39:52obviously, but
  582. 39:55um at this point,
  583. 39:57if we're going to continue this,
  584. 40:00even if we stop and find and balance
  585. 40:02out, find value,
  586. 40:04you know, I am expecting us to actually
  587. 40:06begin to truly shift bearish on all of
  588. 40:08the time frames and then eventually come
  589. 40:10and target down here.
  590. 40:13>> [snorts]
  591. 40:15>> That's kind of the idea.
  592. 40:17So, this morning, the reason why I was
  593. 40:20um
  594. 40:23looking for shorts was a couple reasons.
  595. 40:25Um one is because of sessions. So,
  596. 40:29we pump during Asia, we pump during
  597. 40:31London, we take pre-market London highs,
  598. 40:34we start dropping down, there was a
  599. 40:36large cluster positive gamma sitting up
  600. 40:38here.
  601. 40:40So, I marked this out and I was looking
  602. 40:42for
  603. 40:44shorts out of this area.
  604. 40:47We came down pre-market, we made a fake
  605. 40:49attempt to push higher, failed
  606. 40:51immediately, I went short. Targets would
  607. 40:53have been here and here.
  608. 40:55I couldn't have imagined that it would
  609. 40:56have actually done this. Although, if I
  610. 40:58had a time machine and I can go back uh
  611. 41:0130 minutes,
  612. 41:02then I would be very rich.
  613. 41:05But,
  614. 41:09yeah, so it's interesting.
  615. 41:12See if we actually come all the way
  616. 41:13down.
  617. 41:19The video is down 3%.
  618. 41:22SpaceX is down a percent.
  619. 41:25Dude, have you guys been watching metals
  620. 41:27recently?
  621. 41:29It's been getting absolutely
  622. 41:31hammered.
  623. 41:35We're almost back under 4,000.
  624. 41:39We haven't seen under 4,000 since
  625. 41:43last year October.
  626. 41:46Wow.
  627. 41:54Great volatility.
  628. 41:58This is great. This is a great summer.
  629. 41:59Usually, summers are like
  630. 42:03they don't really have I mean, in the
  631. 42:05past few years, right?
  632. 42:07Summers have been kind of like
  633. 42:09we go kind of range-bound sometimes.
  634. 42:14Less a little bit less participation,
  635. 42:16but
  636. 42:17so far this month, I mean, dude, in
  637. 42:19June, we've been having
  638. 42:23huge moves.
  639. 42:51It's probably This might be one of the
  640. 42:53most volatile months we've seen in a
  641. 42:55while.
  642. 42:59Let me actually look.
  643. 43:06All of this happened
  644. 43:09this month.
  645. 43:13Start off the month,
  646. 43:165,000 tick drop,
  647. 43:201,000 point or
  648. 43:221,000 point pump, 1,500 point dump,
  649. 43:271,200 point pump.
  650. 43:31Crazy.
  651. 43:36Dude, look at Oh, look at the ATR for
  652. 43:38the 5-minute right now. That's here.
  653. 43:41185 points per 5-minute candle.
  654. 43:46What is it for Oh, wait, my bad. Never
  655. 43:47mind. I'm an idiot.
  656. 43:49It's 93 points.
  657. 43:51We're looking at the wrong time frame.
  658. 43:54That's still pretty large, though, 93
  659. 43:56points.
  660. 43:5976 points for a 1-minute.
  661. 44:11>> What do What software do you use to view
  662. 44:14the order flow?
  663. 44:15Um, I use ATAS.
  664. 44:18I also use
  665. 44:19um
  666. 44:21I also use deep charts sometimes,
  667. 44:24depending on if I'm trading my alpha
  668. 44:25accounts.
  669. 44:34So, yeah. I use those two. But mainly, I
  670. 44:36mean, the only reason why I have deep
  671. 44:38charts
  672. 44:40is literally for one reason.
  673. 44:43Is only because the way that you can add
  674. 44:46stop limits.
  675. 44:53I did try Sierra Charts for a little
  676. 44:55while.
  677. 44:57That was the first platform I actually
  678. 44:59ever used for order flow. So, first I
  679. 45:02started with Sierra Charts.
  680. 45:06And then like
  681. 45:08being new to order flow and trying to
  682. 45:11use Sierra Charts
  683. 45:13I just like
  684. 45:15it was slightly overwhelming at the
  685. 45:17time.
  686. 45:19So, I kind of just I mean, it's great.
  687. 45:20That's probably the
  688. 45:21goated platform, the best one. In my
  689. 45:25opinion, probably for
  690. 45:28It's just so customizable, but
  691. 45:30um
  692. 45:31basically, I gave up on it because this
  693. 45:33was like years ago.
  694. 45:39And then I went to Edge Pro X, which I
  695. 45:42think is very similar, if not the same
  696. 45:44thing as MotiveWave.
  697. 45:47But it wasn't really that good.
  698. 45:49And then I I got into ATAS.
  699. 45:52And then I just stuck with it cuz I like
  700. 45:54it.
  701. 45:57So, this is the new hourly candle.
  702. 46:05>> In the 4-hour.
  703. 46:38I think it's not done going down yet.
  704. 46:42>> [snorts]
  705. 46:52>> What platform do I use for options flow?
  706. 46:54I use to Nuki trade.
  707. 46:56If you wanted to get a free trial, use
  708. 46:58code never flat.
  709. 47:06Um converting from ICT to order flow
  710. 47:11is actually not that difficult because a
  711. 47:14lot of ICT's
  712. 47:17concepts that he created
  713. 47:19He didn't create anything by the way.
  714. 47:21But
  715. 47:22a lot of the things that he created he
  716. 47:24claims he created that it's basically a
  717. 47:25simplified version of auction market
  718. 47:27theory. A lot of it is.
  719. 47:29So, if you
  720. 47:32understand ICT and you start learning
  721. 47:35about auction market theory
  722. 47:37a lot of it's actually going to make a
  723. 47:39lot of sense to you.
  724. 47:40It's just the more
  725. 47:42raw detailed version of what it actually
  726. 47:45is, not a simplified version using
  727. 47:46candlesticks.
  728. 47:48Oh, uh bar candlesticks.
  729. 47:50So,
  730. 47:52if you want to start, the first thing
  731. 47:53you should start with is uh
  732. 48:00The first thing you should start with is
  733. 48:02definitely just understanding auction
  734. 48:04market theory.
  735. 48:13Where can you study auction market
  736. 48:14theory? Well, auction market theory is
  737. 48:17very well documented. It is all over the
  738. 48:20internet.
  739. 48:24YouTube University.
  740. 48:27Take your Take your talents there.
  741. 48:39Mind over markets is a good book for
  742. 48:41auction market theory. I've never read
  743. 48:43it.
  744. 48:44Interesting though.
  745. 48:46What data feed do I use? On my live
  746. 48:48account, which is what this is connected
  747. 48:50to, it is algorithmic.
  748. 48:56Was I looking at GEX level? Yes, I was.
  749. 48:59That's what this is That's what this box
  750. 49:01is right here.
  751. 49:08I was watching this GEX trades.
  752. 49:17It was basically the two largest
  753. 49:19positive GEX nodes.
  754. 49:21Um but
  755. 49:23I didn't know that we were going to I
  756. 49:24didn't think we were going to do this
  757. 49:25though.
  758. 49:26It was That was totally unexpected.
  759. 49:31Uh well, it was a com- it was a
  760. 49:33combination of things, but
  761. 49:36that is one thing I was looking at, yes.
  762. 50:42>> AT&T's new heat map 3D mode.
  763. 50:52Yeah, they have a new 3D mode.
  764. 51:18You shorted the bottom one? Why?
  765. 51:25Well,
  766. 51:25it's okay.
  767. 51:27As long as you didn't cause a really
  768. 51:28large loss.
  769. 51:30>> [snorts]
  770. 51:55>> Let's see how far it's going to squeeze
  771. 51:57squeeze up.
  772. 52:06Yeah, do I check hourly candles because
  773. 52:09hourly candles give me an idea for the
  774. 52:12intraday the high I use hourly candles
  775. 52:14for the hard time frame for the intraday
  776. 52:16session.
  777. 52:22So, I have a chart. You guys can't see
  778. 52:24it. It's right here. These are hourly
  779. 52:26candles. I have a delta profile the RTH
  780. 52:28volume profile.
  781. 52:30And then there's V walk that starts. But
  782. 52:32I start my RTH session at the six at the
  783. 52:35hourly candle that starts
  784. 52:38like the first hourly candle of the
  785. 52:39session. So, 30 minutes before market
  786. 52:42actually opens is when I start that.
  787. 52:45And I do that because it's the first
  788. 52:46hourly candle.
  789. 52:55The market's moving around right now a
  790. 52:56lot. I'm sitting here seeing if I can
  791. 52:59risk some of these profits on this
  792. 53:00account.
  793. 53:05for an opportunity.
  794. 53:10Uh what do you think about Fabio
  795. 53:12Valentini's strategy?
  796. 53:14He's he's the goat.
  797. 53:19It's great. He's a dude, you know what?
  798. 53:20He's a beast at adding into positions,
  799. 53:23building positions, scaling out.
  800. 53:26It's great.
  801. 53:28Most order flow traders actually trade
  802. 53:31basically that way.
  803. 53:33Um
  804. 53:34volume profiles value area break and
  805. 53:36retest of value area.
  806. 53:41I do it slightly I trade it slightly
  807. 53:43differently.
  808. 53:46But at the end of the day we're all
  809. 53:47reading order flow and all you're
  810. 53:49reading at the end of the day is
  811. 53:52you're understanding auction market
  812. 53:53theory in terms of where value builds,
  813. 53:56how we cycle from imbalance to balance,
  814. 53:59and then you're reading effort versus
  815. 54:01result.
  816. 54:05And then you can add options flow
  817. 54:07because
  818. 54:09when you get into order flow, you
  819. 54:11basically start paying attention to
  820. 54:13volume and participation a lot.
  821. 54:16Um
  822. 54:18and then
  823. 54:19options flow is like a layer deeper than
  824. 54:21that where you start understanding like
  825. 54:25why some of the
  826. 54:27um
  827. 54:29volume and participation exists.
  828. 54:34Cuz the options market, especially zero
  829. 54:36DTE,
  830. 54:38is
  831. 54:39it's huge.
  832. 54:41Um the options market is bigger than
  833. 54:43CFDs, bigger than Forex, bigger than
  834. 54:45futures. And
  835. 54:48zero DTE options actually make up about
  836. 54:50I think over 50% of all options flow, uh
  837. 54:54zero DTE contracts.
  838. 54:58So if you have
  839. 55:00>> [clears throat]
  840. 55:02>> if you have a bunch of um
  841. 55:06participation coming from a monster of a
  842. 55:07market like the options market, and then
  843. 55:09you have uh liquidity providers, right?
  844. 55:13Market makers, dealers.
  845. 55:16And they need to hedge their positions.
  846. 55:18They hedge hedge it in the underlying.
  847. 55:21Futures being one of them.
  848. 55:35Yeah, DS, that's kind of that's what I'm
  849. 55:37waiting for as well. I I think that
  850. 55:39they're
  851. 55:40I would be pretty surprised if we
  852. 55:42straight-up V-shape this all the way
  853. 55:44back
  854. 55:45like this.
  855. 55:47There may be an opportunity on this pump
  856. 55:50up where we start to
  857. 55:54potentially roll over again.
  858. 55:58But I'm waiting just in case we don't
  859. 56:00and we just if we V-shape this, that
  860. 56:02would actually be crazy.
  861. 56:05That'd be the craziest V-shape I've
  862. 56:06probably ever seen.
  863. 56:09>> [snorts]
  864. 56:45>> 5-minute candles are 106 points ATR
  865. 56:47right now on a 14 length.
  866. 56:57Can you get Can you get my
  867. 57:00Yeah, I don't V-shapes are
  868. 57:05I mean if if if I have like a trade that
  869. 57:08I was going to get long for a reversal
  870. 57:10anyways and then it just happens to
  871. 57:11V-shape, then great, but
  872. 57:13you know, I usually end up getting out
  873. 57:15before it truly V-shapes up and I
  874. 57:19typically won't try and take a
  875. 57:21continuation like once this is starting
  876. 57:24to form like this, I don't
  877. 57:27try and follow it like that.
  878. 57:38>> [snorts]
  879. 57:44>> V-shapes are profit killers.
  880. 57:48Yeah, I don't really trade them.
  881. 57:50>> [snorts]
  882. 58:25>> I'm going to I'm going to try a short
  883. 58:27here with four micros. We're going to
  884. 58:30risk some of the profits for today.
  885. 58:35I'm going to see if this 5-minute can
  886. 58:37flip bearish or if we're just going to
  887. 58:39get wrecked.
  888. 58:45All right, flip bearish. I'm going to
  889. 58:46move it to break even.
  890. 58:48We're going to see if it can
  891. 58:51drop lower.
  892. 58:53Um if we approach
  893. 58:56what is this? 572, I'm going to start
  894. 58:59trailing my stop.
  895. 59:11Uh DGS took it, too.
  896. 59:15Nice.
  897. 59:18I'm looking for it to happen relatively
  898. 59:20quickly with some follow-through.
  899. 59:33>> I need to get uh it's just going to take
  900. 59:34me out.
  901. 59:36We'll take our 200. Oh.
  902. 59:46I'm going to trail it as we go down,
  903. 59:48though.
  904. 59:55I actually took two two off.
  905. 1:00:00And we're going to let the other two
  906. 1:00:01ride.
  907. 1:00:03Well, not really ride because it's my
  908. 1:00:06trailing stops right here, but we're
  909. 1:00:07going to see if it can continue.
  910. 1:00:13>> [clears throat]
  911. 1:00:26>> This 5 minutes is probably going to open
  912. 1:00:28up and take me out, but I don't want to
  913. 1:00:29necessarily
  914. 1:00:32um
  915. 1:00:36risk a whole lot.
  916. 1:00:39All right, so we made 400 bucks on that.
  917. 1:00:41I'll take it.
  918. 1:00:43So now we're up 1,600 on this account.
  919. 1:00:49It's probably still going to drop
  920. 1:00:51um
  921. 1:00:52as long as we don't get back above like
  922. 1:00:54670.
  923. 1:01:01It's just pretty volatile right now, and
  924. 1:01:02one thing to note is just that
  925. 1:01:05um
  926. 1:01:09I already have enough in this balance
  927. 1:01:11for a max payout. So that it's kind of
  928. 1:01:13pointless for me to actually continue to
  929. 1:01:14trade it like this.
  930. 1:01:16But
  931. 1:01:21I mean I I just I thought we were going
  932. 1:01:23to turn around up there. I can't I got
  933. 1:01:24to try it.
  934. 1:01:27Although, that's why I trailed my stop
  935. 1:01:28cuz
  936. 1:01:32the most I can take out on this next
  937. 1:01:33payout is 2250 anyways, so
  938. 1:01:36it's just
  939. 1:02:06Banger DS.
  940. 1:02:08You went one micro?
  941. 1:02:11Very nice.
  942. 1:02:18>> [snorts]
  943. 1:02:40>> Wow, that's 135 points.
  944. 1:02:44Looks so small.
  945. 1:02:56Yeah, dude, these days where we have all
  946. 1:02:58totally like this, I mean, you don't
  947. 1:02:59even need to catch You don't even need
  948. 1:03:01to catch like a
  949. 1:03:03like the whole move. You could just
  950. 1:03:05scalp it if you just get a good entry. I
  951. 1:03:08mean, I went four micros, right? I went
  952. 1:03:10four micros, I made 400 bucks. It was
  953. 1:03:11just
  954. 1:03:13took me 2 minutes to catch 50 points.
  955. 1:03:18So now we have caught
  956. 1:03:20350 points today.
  957. 1:03:26Well,
  958. 1:03:28260
  959. 1:03:33260
  960. 1:03:34from this session and then Asia session
  961. 1:03:37caught 90.
  962. 1:03:39Uh yeah, I use rhythmic data on it on a
  963. 1:03:42test. It's good.
  964. 1:03:45It I mean it's the normal live rhythmic
  965. 1:03:47Chicago server, so
  966. 1:03:51I rarely have issues with it. It's very
  967. 1:03:53rare.
  968. 1:03:57What do you mean the data is different
  969. 1:03:59than others? In what way?
  970. 1:04:04You don't mean prices, right? Because
  971. 1:04:06that's
  972. 1:04:07that shouldn't be happening.
  973. 1:04:29Oh, big trades.
  974. 1:04:35Mhm.
  975. 1:04:37It's cuz sometimes they calculate it
  976. 1:04:39differently. Especially you'll also have
  977. 1:04:41different big trades
  978. 1:04:43uh on the big trades indicator depending
  979. 1:04:44on what platform you're using, too.
  980. 1:04:47The way they group orders,
  981. 1:04:49you know, the way they calculate the
  982. 1:04:51orders.
  983. 1:04:55So like if you look at deep charts and
  984. 1:04:58you look at
  985. 1:05:00Sierra charts,
  986. 1:05:02probably, or you look at MotiveWave, you
  987. 1:05:04look at A-TAs,
  988. 1:05:06you'll the very obvious big trades,
  989. 1:05:08you'll still see big trades pop up
  990. 1:05:09around the same spot, but the numbers
  991. 1:05:11may be different.
  992. 1:05:13And if you have a filter, like let's say
  993. 1:05:15your filter's like
  994. 1:05:17250 for MNQ.
  995. 1:05:19Um
  996. 1:05:21because the numbers are different, you
  997. 1:05:23may have bubbles pop up on one platform
  998. 1:05:25and they don't pop up on the other.
  999. 1:05:34But I I'm really not too concerned about
  1000. 1:05:36that.
  1001. 1:05:55Uh what do I use for Bookmap?
  1002. 1:05:57For heat map, I use I I I look at this.
  1003. 1:06:03So, what this is right here is this is a
  1004. 1:06:06test as old heat map.
  1005. 1:06:07These white levels right here are the
  1006. 1:06:09DOM.
  1007. 1:06:10So, depth of market expresses levels.
  1008. 1:06:18And then the heat maps right here.
  1009. 1:06:34So, the footprint should not change. It
  1010. 1:06:36should be the same.
  1011. 1:06:39It should be the same unless you have
  1012. 1:06:40some type of setting um
  1013. 1:06:42where it's aggregating data.
  1014. 1:06:45Then it's going to look different. So,
  1015. 1:06:46like for example, on my footprint
  1016. 1:06:48charts, I have it aggregating data for
  1017. 1:06:50every point. So, this isn't tick by tick
  1018. 1:06:53because if I keep it tick by tick, then
  1019. 1:06:55I got to zoom in like a lot to see the
  1020. 1:06:57footprint show up. And when we're moving
  1021. 1:06:59around, um
  1022. 1:07:02for example, we're at 111.8
  1023. 1:07:05TR right now.
  1024. 1:07:07Do I necessarily need to see tick by
  1025. 1:07:09tick order flow data? Like, not really.
  1026. 1:07:12Um
  1027. 1:07:13I'm okay with it being per point.
  1028. 1:07:16So, it aggregates. Now, if you're on
  1029. 1:07:17deep charts, right? So, let's take a
  1030. 1:07:20look at deep charts. What deep charts
  1031. 1:07:22does is you notice how like the more I
  1032. 1:07:25zoom out, there's there's less levels
  1033. 1:07:27and the more I zoom in, there's more
  1034. 1:07:29levels. So, they're aggregating their
  1035. 1:07:31numbers and their data, right? So, like
  1036. 1:07:33if you go and it shows for simplicity of
  1037. 1:07:37like ease of use, right? So,
  1038. 1:07:40if you go and you look at this and it's
  1039. 1:07:42all scrunched up and you look at this
  1040. 1:07:44and say
  1041. 1:07:46"Oh, there's 23 and 112 sitting here."
  1042. 1:07:49Then you go over here, you're like,
  1043. 1:07:50"Where's that at, right?" Up here.
  1044. 1:07:54It's because it's aggregating the data.
  1045. 1:07:58There may be slight differences in the
  1046. 1:07:59numbers. I haven't really done like a
  1047. 1:08:02in-depth like
  1048. 1:08:05test.
  1049. 1:08:06Right? But,
  1050. 1:08:09but yeah, they will be different. You
  1051. 1:08:12like it'll keep doing this until I zoom
  1052. 1:08:14in until I get only per tick. See? It's
  1053. 1:08:16like this is now per tick.
  1054. 1:08:19So,
  1055. 1:08:20if we go up here now,
  1056. 1:08:24and it's zoomed in all the way, we have
  1057. 1:08:250 A 0 10 4 10.
  1058. 1:08:29I would need to change this to tick by
  1059. 1:08:30tick, but it'd probably be the same. 0 A
  1060. 1:08:320 10 4 10.
  1061. 1:09:01All right. Well, you know what?
  1062. 1:09:04I think I'm done.
  1063. 1:09:08I think I'm just going to call it.
  1064. 1:09:12So,
  1065. 1:09:14I hope you guys had a good day. I hope
  1066. 1:09:15we're green.
  1067. 1:09:18I hope nobody tried to continuously long
  1068. 1:09:21this short.
  1069. 1:09:24I don't know why you would if you're
  1070. 1:09:25watching that, but I just hope nobody
  1071. 1:09:27did that.
  1072. 1:09:30And then if you miss this,
  1073. 1:09:32if you miss this move,
  1074. 1:09:36don't try and force a bunch of [ __ ] if
  1075. 1:09:39we start balancing out, please.
  1076. 1:09:42You know what I mean?
  1077. 1:09:45You missed the train and now you're just
  1078. 1:09:47trying to like uh
  1079. 1:09:49make up for it, you know, by like
  1080. 1:09:51trading trading uh overlapping candles.
  1081. 1:09:54I mean, it's still big enough though
  1082. 1:09:56where you can scalp and make money for
  1083. 1:09:57sure, but
  1084. 1:10:00I hope you understand my point.
  1085. 1:10:04At a certain point today, we're probably
  1086. 1:10:05going to balance out if it's not going
  1087. 1:10:07to happen right here. We're probably
  1088. 1:10:09going to balance out some point
  1089. 1:10:10somewhere. So,
  1090. 1:10:12just don't be don't be that guy. Don't
  1091. 1:10:14be the guy who
  1092. 1:10:16misses a move like this or even like the
  1093. 1:10:19pump up like this or whatever.
  1094. 1:10:22And then we start doing this. You miss
  1095. 1:10:23both of those, so now we're doing this
  1096. 1:10:25and then you're over here like
  1097. 1:10:26destroying your accounts in this after
  1098. 1:10:28we just had like a you know what I mean?
  1099. 1:10:31That used to happen to me all the time.
  1100. 1:10:35And I know that's probably happening to
  1101. 1:10:36somebody right now.
  1102. 1:10:39So, that's just
  1103. 1:10:41my heads up
  1104. 1:10:42to not do that.
  1105. 1:10:46All right, well, I'll catch you guys.
  1106. 1:10:48Round of applause.
  1107. 1:10:50The the winning uh the losing streak on
  1108. 1:10:52stream where then I go and get off
  1109. 1:10:54stream and make my make profits that
  1110. 1:10:56ended today, so we actually
  1111. 1:10:59uh caught a decent amount on stream. We
  1112. 1:11:01caught 260 points on stream.
  1113. 1:11:05And then
  1114. 1:11:07last night during during Asia, I um
  1115. 1:11:10I caught 90 points. So, today
  1116. 1:11:14we're up over 350 points.
  1117. 1:11:18We're 350 points.
  1118. 1:11:20So, I'm going to just call it there. I
  1119. 1:11:22will catch you guys later. Um uh
  1120. 1:11:25tomorrow, I'm going to be streaming with
  1121. 1:11:26Profit Room Match, so I'm not going to
  1122. 1:11:28be in the Discord. I'm not going to be
  1123. 1:11:29on my YouTube. I'm going to be on Profit
  1124. 1:11:31Room Match's
  1125. 1:11:32YouTube.
  1126. 1:11:34So, I will talk to you guys later. Hope
  1127. 1:11:36you have a great rest of your day.
  1128. 1:11:37Peace.

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