🔴 Live NQ Futures Trading | Order Flow & Prop Firms — Transcript
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- 0:05[snorts]
- 0:37>> All right. So,
- 0:39>> [laughter]
- 0:41>> on stream on stream run a losing streak.
- 0:43So, I think uh
- 0:49All right. We're going to we're going to
- 0:51end end the losing streak on stream. I
- 0:53think honestly
- 0:56I think almost every day this week I
- 0:58lost on actually not every almost every
- 1:00day. Every single day this week Monday,
- 1:04Tuesday, Wednesday
- 1:06I ended up taking an L on stream and
- 1:08then
- 1:10later on
- 1:11during the day
- 1:13I made my profits.
- 1:16I I got to stop doing that.
- 1:20I mean, I don't really have a whole lot
- 1:21of control over it, but
- 1:25we could be a little bit more patient
- 1:26during
- 1:27the stream.
- 1:29Yesterday
- 1:31um
- 1:34I did end up taking shorts uh on this
- 1:36account. So, I got my funded account
- 1:38back from Alpha Futures.
- 1:41And I ended up taking shorts right here.
- 1:45It was like
- 1:46uh
- 1:53like 90 points with like seven micros.
- 1:58So, we're up 1,200 on this account.
- 2:00Today,
- 2:02I do need to focus on this funded
- 2:04account. I've been
- 2:05I got to stop messing around. I'm going
- 2:06to trade evals later on on my own time.
- 2:11I got a
- 2:12And also, it's probably not a good thing
- 2:13to trade evals during the stream anyways
- 2:16cuz sometimes I take aggressive trades.
- 2:19Trading evals.
- 2:20So,
- 2:22with that being said,
- 2:25we're going to focus on our funded
- 2:26account with Topstep
- 2:29cuz I need to build the balance on this.
- 2:32The balance is only like
- 2:34$200
- 2:35cuz I took a L that one day. Um
- 2:41where
- 2:43I got stopped out
- 2:45by a couple ticks for like
- 2:48500 and then I made some of it back. So,
- 2:51or I made it all back plus more. So, now
- 2:53it's uh
- 2:55So, they got a balance of 200. So, we
- 2:56got to build this one up. I got to focus
- 2:58on this.
- 3:03So, we're going to wait
- 3:05and trade it today.
- 3:08Probably leave the alpha account alone.
- 3:09Honestly, on the alpha account, um
- 3:14the max payout on this for the second
- 3:19the second withdrawal is 2250.
- 3:24So, I'm already there.
- 3:28So, I just need I'm going to just
- 3:29probably milk the other days
- 3:32to lock that in.
- 3:36So, we're going to leave it alone.
- 3:44Yeah, so I was um I was wa- I'm watching
- 3:47I was watching up here.
- 3:49I was considering taking a pre-market
- 3:51short, but I decided not to.
- 3:56But in the event that we do start
- 3:58rejecting off of this, I mean we could
- 4:00really make our way down.
- 4:03At least towards London lows and then
- 4:05potentially Asia lows.
- 4:15So the plan today is basically I'm
- 4:16watching up here, treating it kind of
- 4:18like a zone.
- 4:20Where I'm treating it as a zone.
- 4:25It just happened pre-market. We started
- 4:27reacting out of it.
- 4:33So I'd be looking for us, if we are
- 4:34going to drop to actually make our way
- 4:36towards 29,900 area.
- 4:51So we'll see what happens. I'm going to
- 4:53I've noticed that recently like
- 4:56at the open
- 4:59at least this week
- 5:01I've been getting wrecked and then like
- 5:02later on once it like
- 5:04stops chopping up around and then it
- 5:06actually starts going somewhere.
- 5:09I end up
- 5:11doing all right, so we'll probably
- 5:14be a little careful.
- 5:17Plus there's not really a balance on
- 5:18this account yet, so I got to
- 5:21probably use like three micros on this
- 5:2350K and try and
- 5:25add into a winning position.
- 5:28It's kind of the idea.
- 6:14>> So, we're going to wait for market open.
- 6:15Also, full transparency, I kind of
- 6:18[Â __Â ] up those Apex accounts.
- 6:21>> [laughter]
- 6:22>> So, we're going to we're going to we're
- 6:23going to chill on the copy trading.
- 6:25Going to go back to trading these
- 6:26accounts individually. I still have like
- 6:28a few funded like a handful of funded,
- 6:30but
- 6:31I don't think I'm going to copy trade
- 6:32them.
- 6:34We gave it a shot.
- 6:36Plus, Apex is like
- 6:40slight it's just slightly concerning.
- 6:44Apex slightly concerns me.
- 6:48I haven't really traded with them like
- 6:49that though. I I mean, I've purchased a
- 6:51couple evals here here there. I've had a
- 6:53few PA accounts with them, but
- 6:56I've actually never taken a payout from
- 6:58Apex.
- 7:01I've only traded them a couple times.
- 7:06And I'm usually copy trading them, so
- 7:08they they just like disappear
- 7:10if I've messed it up.
- 7:16After studying options flow for a couple
- 7:18of months, I think I've come to the
- 7:19humble conclusion of this value
- 7:23gex candlestick structure.
- 7:28What up, Gianni?
- 7:31Uh H V O for tanukis showing at 29,785.
- 7:37Also, where the put wall's at currently.
- 7:40And it's a pretty stacked level down
- 7:42there. We have a ton of open interest
- 7:44sitting around 29,900, 29,785
- 7:47area.
- 8:03Damn.
- 8:24So, today what I'm looking at is
- 8:27I know [clears throat] we had this
- 8:28really large move. Uh funny enough,
- 8:33yesterday I was watching it come towards
- 8:35uh where I had discount marked. And when
- 8:37we were down here, the put wall was
- 8:39actually sitting here as well.
- 8:40I was on the call I was on a call with
- 8:42somebody and I was telling them I was
- 8:45like, "If we close down here,
- 8:47if CME opens, I'm probably going to take
- 8:50it long uh and try and hold it
- 8:52overnight." And then I was saying that
- 8:55we could potentially start the move and
- 8:57then I'll just get into it as CME opens.
- 8:59But then
- 9:00just did the whole thing.
- 9:04So,
- 9:05kind of unfortunate, but
- 9:11shoulda coulda woulda.
- 9:19So, we'll see if we actually rotate
- 9:21lower and at least come back to
- 9:22rebalance some of it before we continue
- 9:24higher.
- 9:26Or if we're just going to continue the
- 9:27rip up.
- 9:29So, my eyes are set up here.
- 9:32We are watching this today.
- 9:35Unfortunately, we're already reacting
- 9:37out of it pre-market.
- 9:39So, there's a there's there's a pretty
- 9:41decent chance that we actually just open
- 9:43up and just
- 9:44at least immediately go take London
- 9:46lows. Or these lows, right?
- 9:50So, we will see.
- 9:53We will see.
- 9:57We do need to be careful about us
- 9:58potentially rotating around, though.
- 10:05Doing something like this.
- 10:10Got to be careful about that.
- 10:13>> [snorts]
- 10:15>> And 3 Q and the X call resistance
- 10:17sitting at 30,326.
- 10:26Yeah, basically the same.
- 10:29Mine's at 325.
- 10:38If we do push up into this again at the
- 10:41open and we start seeing um buyers
- 10:43struggle to get past it or we see
- 10:45failure,
- 10:47I might try and take uh
- 10:49take a short position, but I got to be
- 10:51careful.
- 10:53I um
- 10:55I'm determined to stop
- 10:57getting wrecked this week on stream.
- 11:01It's like my
- 11:02priority right now.
- 11:05Cuz I feel bad, dude.
- 11:09Feel guilty.
- 11:18All right. So, Giani says he feels long,
- 11:20so that means we're definitely dropping
- 11:21today. So,
- 11:24we're definitely not going up, then.
- 11:27If Giani says that he's thinks we're
- 11:29going up, then he is the indicator for
- 11:31the morning that we're going down.
- 11:42He he Gianni's my confirmation. He told
- 11:44me yesterday that he's been getting
- 11:46absolutely wrecked during New York.
- 11:49Perfect. He thinks we're going up.
- 11:53We're going down.
- 12:00I'm just messing with you, Gianni.
- 13:21All right. So, we will wait for the
- 13:24open. We'll see if there I mean, I would
- 13:26prefer to take shorts today, to be
- 13:28honest. I would prefer shorts.
- 13:31If it
- 13:33plays out.
- 13:47So, when we open up, we'll see what we
- 13:49do.
- 14:13>> Connection lost.
- 14:17>> Damn, what happened?
- 15:10All right, we got 20 seconds.
- 15:28>> Although today I did say I was going to
- 15:29be a little careful about the open cuz
- 15:31I've been smacked
- 15:32this week.
- 15:35But let's see what it does. I want to
- 15:36see if we're going to push up back
- 15:37towards this area
- 15:40and then have some failure.
- 15:49We're probably going to drop from here.
- 16:03I'm going to go three micros.
- 16:07We're going to go three micros.
- 16:10The moment we start taking lows
- 16:14we're going to um move it to break even.
- 16:49All right, I'm going to break even now.
- 16:51We're going to I'm going to hold this if
- 16:53I can.
- 16:55I'm going to try and take it all the way
- 16:57down to 29,900
- 17:00if we're going to run it.
- 17:04And I'll just trail stop along the way.
- 17:30>> Thanks for the call out Giani. I
- 17:32appreciate it.
- 17:45The inverse indicator.
- 17:49So I if we're going to continue lower, I
- 17:51want us to stay below
- 17:5533,100.
- 17:59But I think there's a pretty good chance
- 18:01we could actually drop it down. I'm I'd
- 18:03be
- 18:04seeing if I could front run.
- 18:07Actually, you know what?
- 18:10Oh, that'd be like 200 points.
- 18:34No, I'm just messing with you, Giani.
- 18:43If you guys took this trade,
- 18:45uh you can be
- 18:47you can get out wherever, but I'm I'm
- 18:49going to hold it.
- 18:53Try to go for like 200 points. I'm using
- 18:54three micros.
- 19:07And then hopefully
- 19:09hopefully this doesn't come back
- 19:12to uh
- 19:14my entry
- 19:15so that we can
- 19:20we can end that
- 19:22on stream losing streak right here
- 19:25today.
- 19:30Uh entered right at open. Yeah, I did. I
- 19:33wanted to I was thinking about going
- 19:35short pre-market, but I
- 19:38was thinking to wait.
- 19:41Um
- 19:47We pushed up at the open and then we
- 19:49immediately just
- 19:50it was just a totally
- 19:52fake
- 19:54push upwards.
- 19:57It immediately failed.
- 20:07What's important though is this next
- 20:085-minute candle. If next 5-minute candle
- 20:12um
- 20:14opens up
- 20:16stays below 30,100
- 20:18and we continue down. If we close down
- 20:21here in 10 seconds, then we should
- 20:22actually be looking pretty good.
- 20:50I'm actually going to add into it if it
- 20:51flips bearish.
- 20:54DPK's in longs.
- 21:01>> [snorts]
- 21:08>> If I get tagged in on the shorts right
- 21:09now, it'll add me in three more
- 21:11contracts and then I'm going to trail
- 21:13stop to the top of the 5-minute wick.
- 22:03>> Order filled.
- 22:06>> All right, let's see if it will continue
- 22:08or take me out of break even.
- 22:10If we get a strong push down from uh
- 22:13this 5-minute, I am going to start
- 22:15trailing it to the to the open of it,
- 22:17though.
- 22:18So, that this trade wasn't a total waste
- 22:21of time.
- 22:23But, I'm looking for the momentum to
- 22:26continue if we get it. Otherwise, we'll
- 22:27just take our We'll take our 40 bucks.
- 22:32But, we are at we are at value area low,
- 22:34yeah.
- 22:35Which is concerning, but whatever.
- 22:45>> [snorts]
- 23:01>> Going to get ready to trail it. I would
- 23:03trail it to the open.
- 23:05The moment it takes the 5-minute lows.
- 23:08All right.
- 23:09We'll just lock that in. We'll see if it
- 23:12can continue.
- 23:13We had a large seller step in, so we got
- 23:15to see follow through, or else we're
- 23:17going to reject from here.
- 23:36We almost got stopped out of that.
- 23:39Maybe maybe we're pretty lucky.
- 23:42Might be lucky today, huh?
- 23:45All right, I'm trailing it right above
- 23:48where this big trade's at, which is
- 23:49sitting
- 23:5130,039.
- 23:54We'll lock in 600. We'll see if we can
- 23:56get the flush lower down towards that
- 23:5829,000 area I was talking about.
- 24:02We're going to front run it by five
- 24:04points, and if it hits,
- 24:06it'll be like
- 24:10I think 200 something points from
- 24:12initial entry.
- 24:18We just need us to continue. We're
- 24:20almost there.
- 24:25But this is kind of what I was looking
- 24:26in for, right? I said 5-minute candle
- 24:28open up, stay below 30,100, and we
- 24:30should be okay.
- 24:35Unless it hits break even, or hits my
- 24:36trailing stop.
- 24:38Then we'll just take our
- 24:40600 bucks.
- 24:43All right.
- 24:45Take our 600 bucks, and then we will
- 24:47continue on to the next opportunity,
- 24:50if we have one.
- 25:04>> Where is my original entry? It's like
- 25:06right when we were flipping bearish.
- 25:12We've gone over 100 points so far from
- 25:14initial entry.
- 25:16If we get tagged out at
- 25:2030,039
- 25:22I think I got in somewhere over here.
- 25:25Maybe like 93 points. That's fine.
- 25:29We'll be good.
- 25:38If we get a strong push down, I'm
- 25:39actually going to trail it again.
- 25:55I'm going to trail it right here. We'll
- 25:56lock in a thousand bucks.
- 25:58We'll be okay with that.
- 26:32I'm trailing it behind the stacked and
- 26:34balanced. Actually, I'll just leave it
- 26:36there.
- 26:38I'm going to wait.
- 26:40Cuz we're about to run lows.
- 26:46I do have to be careful of us wicking
- 26:48lows and slamming back up, so
- 26:51as we approach right here, I'm going to
- 26:52start trailing it pretty tight.
- 27:16All right, we took we took lows.
- 27:20See if we can get it to continue.
- 27:24I'm trailing stop here. We'll lock in
- 27:261,900.
- 27:29Trailing stop to lows.
- 27:31>> Order filled.
- 27:33>> What a banger.
- 27:37You like that?
- 27:40All right, now I'm just playing, but
- 27:44I will say
- 27:46that we actually ended this the
- 27:50we ended the um
- 27:54losing streak on the live.
- 27:57So,
- 27:59no one can say anything about that this
- 28:01week. We'll pat ourselves on the back. I
- 28:03know like earlier this week, guys, like
- 28:06I
- 28:08took some L's on the stream and then
- 28:14I get off stream and make it back.
- 28:17We had help from Gianni this morning. He
- 28:19said go long, so instantly that's my
- 28:22indication that we were totally going to
- 28:24melt.
- 28:26So, it worked out perfectly.
- 28:29So, oh, we're we're really going.
- 28:34But, yeah, so I got out around this
- 28:37area.
- 28:38Um
- 28:40I am going to be watching this area
- 28:41here.
- 28:45But, yeah, so like as of right now,
- 28:47we're up 2230 on this funded account.
- 28:51And then on our
- 28:53Alpha Futures funded account, we're up
- 28:551200.
- 29:00So,
- 29:04we're up $3400 today on the funded
- 29:06accounts.
- 29:09We caught like 900 ticks on the funded.
- 29:12We added into it.
- 29:18I
- 29:19If I had to take a guess,
- 29:21I'm going to guess [clears throat] that
- 29:23DS
- 29:24is in this short, still holding it.
- 29:41How you just close it? Nice.
- 29:47Asia lows. Got you.
- 29:56Well,
- 30:02what do we do now?
- 30:04I'm just joking.
- 30:08I could trade.
- 30:11The Here's the thing though, like after
- 30:15after we move down like this,
- 30:18it's like
- 30:20this is obviously the move of the
- 30:22morning.
- 30:24Um
- 30:28Let me ask you, who took those shorts?
- 30:30Who took the shorts?
- 30:33Did anyone take those shorts?
- 30:36Besides DS and Apple.
- 30:45>> Angel.
- 30:48Let's go.
- 30:53Jacob, let's go.
- 30:56Goku did, let's go.
- 31:05John McDonald made 3,500 on the shorts.
- 31:08We all cooked.
- 31:10We cooked.
- 31:12Johnny.
- 31:13Johnny, did you take the shorts, bro?
- 31:16Did you get Did you give up on uh on
- 31:19your long idea? All right, cool.
- 31:23>> [laughter]
- 31:25>> I'm glad to hear that.
- 31:28You trusted me. Cool.
- 31:31Well, if they're
- 31:32Yeah, if you went long, bro, that you
- 31:34literally couldn't have been any
- 31:37Okay, time out. This sell sell off is
- 31:39actually intense right now.
- 31:41We just went 2,000 ticks.
- 31:44We
- 31:45We really didn't pull back at all. You
- 31:46could have just kept trailing it. No
- 31:49hard TP.
- 31:53Wow, look at this, dude.
- 32:11Wow.
- 32:22Dude, the selling Look at Look at how
- 32:24much There's 116,000
- 32:26on this 5-minute candle. That's intense.
- 32:33Geez.
- 32:49>> Dude, honestly
- 32:53this market is is great to trade, dude.
- 32:55When we have these moves like this
- 32:59so much opportunity. Six micros.
- 33:03You know what I mean? Like six micros,
- 33:04200 bucks. You really don't need a lot.
- 33:08We're just flying around 1,000 ticks
- 33:10every single day.
- 33:19DS is killing it.
- 33:21Let's go.
- 33:28Yeah, 1K in less than 3 minutes with
- 33:30three micros. Banger.
- 33:40Trading on the iPad.
- 33:43I trade on the iPad. Whenever I travel
- 33:46I take my iPad that's sitting right
- 33:47here. You guys can't really see it.
- 33:50And I I have like the keyboard.
- 33:53And I'll I'll trade on the
- 33:56on Topstep.
- 34:05Still going.
- 34:12Yeah. The The only thing is that um
- 34:16when I travel though, I do take my
- 34:18laptop and I take I take it a
- 34:22uh external screen.
- 34:25So then I'll have my iPad, my laptop,
- 34:27and then a an external screen.
- 34:30And then um it's like a little three
- 34:32monitor setup. I'll look at footprint on
- 34:34my laptop, execute on my
- 34:36iPad.
- 34:39And then trading view on the external
- 34:40screen.
- 34:43Ooh, Italy. That should be fun.
- 34:57Am I on every day? Yes. John McDonald, I
- 35:01am on every day. Although tomorrow, I
- 35:03think I'll be live with prop firm match.
- 35:08So, this morning I said we needed to
- 35:11build the balance on this account.
- 35:15Okay, so a little recap I guess of
- 35:17today.
- 35:20So,
- 35:22we took shorts
- 35:25over here.
- 35:27Where is it?
- 35:29We took shorts over here during the
- 35:30overnight on this funded account. So,
- 35:33we're up 1,200 on this one.
- 35:36We caught 90 points.
- 35:39And then we took shorts on this funded
- 35:41account
- 35:43today.
- 35:46We caught 200 points.
- 35:49212 points. So, we caught 300 points
- 35:52today.
- 35:59You know what that deserves?
- 36:04Oh, is there no soundboard in here?
- 36:07I was going to soundboard a golf clap.
- 36:16Ball clap.
- 36:17>> [laughter]
- 36:36>> Let's see what Let's see what Gionni
- 36:38sent me.
- 36:39Gionni, why do you DM me like this, bro?
- 36:41Why don't you just say it in the chat?
- 36:44You DM'd me, "Let's go, bro."
- 36:51Why don't you just say it in the chat?
- 36:56Oh, is it cuz he's not in here anymore?
- 36:58Oh, that's probably why.
- 37:05Gionni's a funny guy.
- 38:13What up, Manu?
- 38:15First time here. Well, what a day for
- 38:17the first time here. Whoa.
- 38:22What is this, 4,000 ticks already? Oh,
- 38:243,000. Almost 2,500.
- 38:31Yeah, you're just
- 38:34>> [laughter]
- 38:35>> type of day you could just get in short
- 38:37and then it just keeps shorting.
- 38:41Although this was a valid this was a
- 38:43valid
- 38:44you could have watched this fail and you
- 38:46could have probably tried to short it,
- 38:47yep.
- 38:57Yeah, you can get in on every absorption
- 39:00of buyers higher.
- 39:02>> [snorts]
- 39:05>> So,
- 39:07we are
- 39:08definitely So, this is important to
- 39:10note, okay?
- 39:12This is what I was talking to somebody
- 39:14about yesterday. So,
- 39:15when I told you guys earlier, I don't
- 39:17know if you guys were on if you weren't
- 39:18on, but basically I was explaining that
- 39:21um
- 39:23I was on a call yesterday right when we
- 39:25were dipping down into here and I was
- 39:27mentioning that I was looking for us to
- 39:30come up. I was going to try and do it
- 39:32during the CME open heading into Asia,
- 39:35but we kind of did it randomly at the
- 39:37end of the day.
- 39:38And then I told the person I was talking
- 39:40to that
- 39:42potentially we're going to be looking
- 39:43for us to put in a lower high.
- 39:46Right? And then in the event that we
- 39:48start really ripping down, I wasn't
- 39:50expecting it to happen like this to be
- 39:52obviously, but
- 39:55um at this point,
- 39:57if we're going to continue this,
- 40:00even if we stop and find and balance
- 40:02out, find value,
- 40:04you know, I am expecting us to actually
- 40:06begin to truly shift bearish on all of
- 40:08the time frames and then eventually come
- 40:10and target down here.
- 40:13>> [snorts]
- 40:15>> That's kind of the idea.
- 40:17So, this morning, the reason why I was
- 40:20um
- 40:23looking for shorts was a couple reasons.
- 40:25Um one is because of sessions. So,
- 40:29we pump during Asia, we pump during
- 40:31London, we take pre-market London highs,
- 40:34we start dropping down, there was a
- 40:36large cluster positive gamma sitting up
- 40:38here.
- 40:40So, I marked this out and I was looking
- 40:42for
- 40:44shorts out of this area.
- 40:47We came down pre-market, we made a fake
- 40:49attempt to push higher, failed
- 40:51immediately, I went short. Targets would
- 40:53have been here and here.
- 40:55I couldn't have imagined that it would
- 40:56have actually done this. Although, if I
- 40:58had a time machine and I can go back uh
- 41:0130 minutes,
- 41:02then I would be very rich.
- 41:05But,
- 41:09yeah, so it's interesting.
- 41:12See if we actually come all the way
- 41:13down.
- 41:19The video is down 3%.
- 41:22SpaceX is down a percent.
- 41:25Dude, have you guys been watching metals
- 41:27recently?
- 41:29It's been getting absolutely
- 41:31hammered.
- 41:35We're almost back under 4,000.
- 41:39We haven't seen under 4,000 since
- 41:43last year October.
- 41:46Wow.
- 41:54Great volatility.
- 41:58This is great. This is a great summer.
- 41:59Usually, summers are like
- 42:03they don't really have I mean, in the
- 42:05past few years, right?
- 42:07Summers have been kind of like
- 42:09we go kind of range-bound sometimes.
- 42:14Less a little bit less participation,
- 42:16but
- 42:17so far this month, I mean, dude, in
- 42:19June, we've been having
- 42:23huge moves.
- 42:51It's probably This might be one of the
- 42:53most volatile months we've seen in a
- 42:55while.
- 42:59Let me actually look.
- 43:06All of this happened
- 43:09this month.
- 43:13Start off the month,
- 43:165,000 tick drop,
- 43:201,000 point or
- 43:221,000 point pump, 1,500 point dump,
- 43:271,200 point pump.
- 43:31Crazy.
- 43:36Dude, look at Oh, look at the ATR for
- 43:38the 5-minute right now. That's here.
- 43:41185 points per 5-minute candle.
- 43:46What is it for Oh, wait, my bad. Never
- 43:47mind. I'm an idiot.
- 43:49It's 93 points.
- 43:51We're looking at the wrong time frame.
- 43:54That's still pretty large, though, 93
- 43:56points.
- 43:5976 points for a 1-minute.
- 44:11>> What do What software do you use to view
- 44:14the order flow?
- 44:15Um, I use ATAS.
- 44:18I also use
- 44:19um
- 44:21I also use deep charts sometimes,
- 44:24depending on if I'm trading my alpha
- 44:25accounts.
- 44:34So, yeah. I use those two. But mainly, I
- 44:36mean, the only reason why I have deep
- 44:38charts
- 44:40is literally for one reason.
- 44:43Is only because the way that you can add
- 44:46stop limits.
- 44:53I did try Sierra Charts for a little
- 44:55while.
- 44:57That was the first platform I actually
- 44:59ever used for order flow. So, first I
- 45:02started with Sierra Charts.
- 45:06And then like
- 45:08being new to order flow and trying to
- 45:11use Sierra Charts
- 45:13I just like
- 45:15it was slightly overwhelming at the
- 45:17time.
- 45:19So, I kind of just I mean, it's great.
- 45:20That's probably the
- 45:21goated platform, the best one. In my
- 45:25opinion, probably for
- 45:28It's just so customizable, but
- 45:30um
- 45:31basically, I gave up on it because this
- 45:33was like years ago.
- 45:39And then I went to Edge Pro X, which I
- 45:42think is very similar, if not the same
- 45:44thing as MotiveWave.
- 45:47But it wasn't really that good.
- 45:49And then I I got into ATAS.
- 45:52And then I just stuck with it cuz I like
- 45:54it.
- 45:57So, this is the new hourly candle.
- 46:05>> In the 4-hour.
- 46:38I think it's not done going down yet.
- 46:42>> [snorts]
- 46:52>> What platform do I use for options flow?
- 46:54I use to Nuki trade.
- 46:56If you wanted to get a free trial, use
- 46:58code never flat.
- 47:06Um converting from ICT to order flow
- 47:11is actually not that difficult because a
- 47:14lot of ICT's
- 47:17concepts that he created
- 47:19He didn't create anything by the way.
- 47:21But
- 47:22a lot of the things that he created he
- 47:24claims he created that it's basically a
- 47:25simplified version of auction market
- 47:27theory. A lot of it is.
- 47:29So, if you
- 47:32understand ICT and you start learning
- 47:35about auction market theory
- 47:37a lot of it's actually going to make a
- 47:39lot of sense to you.
- 47:40It's just the more
- 47:42raw detailed version of what it actually
- 47:45is, not a simplified version using
- 47:46candlesticks.
- 47:48Oh, uh bar candlesticks.
- 47:50So,
- 47:52if you want to start, the first thing
- 47:53you should start with is uh
- 48:00The first thing you should start with is
- 48:02definitely just understanding auction
- 48:04market theory.
- 48:13Where can you study auction market
- 48:14theory? Well, auction market theory is
- 48:17very well documented. It is all over the
- 48:20internet.
- 48:24YouTube University.
- 48:27Take your Take your talents there.
- 48:39Mind over markets is a good book for
- 48:41auction market theory. I've never read
- 48:43it.
- 48:44Interesting though.
- 48:46What data feed do I use? On my live
- 48:48account, which is what this is connected
- 48:50to, it is algorithmic.
- 48:56Was I looking at GEX level? Yes, I was.
- 48:59That's what this is That's what this box
- 49:01is right here.
- 49:08I was watching this GEX trades.
- 49:17It was basically the two largest
- 49:19positive GEX nodes.
- 49:21Um but
- 49:23I didn't know that we were going to I
- 49:24didn't think we were going to do this
- 49:25though.
- 49:26It was That was totally unexpected.
- 49:31Uh well, it was a com- it was a
- 49:33combination of things, but
- 49:36that is one thing I was looking at, yes.
- 50:42>> AT&T's new heat map 3D mode.
- 50:52Yeah, they have a new 3D mode.
- 51:18You shorted the bottom one? Why?
- 51:25Well,
- 51:25it's okay.
- 51:27As long as you didn't cause a really
- 51:28large loss.
- 51:30>> [snorts]
- 51:55>> Let's see how far it's going to squeeze
- 51:57squeeze up.
- 52:06Yeah, do I check hourly candles because
- 52:09hourly candles give me an idea for the
- 52:12intraday the high I use hourly candles
- 52:14for the hard time frame for the intraday
- 52:16session.
- 52:22So, I have a chart. You guys can't see
- 52:24it. It's right here. These are hourly
- 52:26candles. I have a delta profile the RTH
- 52:28volume profile.
- 52:30And then there's V walk that starts. But
- 52:32I start my RTH session at the six at the
- 52:35hourly candle that starts
- 52:38like the first hourly candle of the
- 52:39session. So, 30 minutes before market
- 52:42actually opens is when I start that.
- 52:45And I do that because it's the first
- 52:46hourly candle.
- 52:55The market's moving around right now a
- 52:56lot. I'm sitting here seeing if I can
- 52:59risk some of these profits on this
- 53:00account.
- 53:05for an opportunity.
- 53:10Uh what do you think about Fabio
- 53:12Valentini's strategy?
- 53:14He's he's the goat.
- 53:19It's great. He's a dude, you know what?
- 53:20He's a beast at adding into positions,
- 53:23building positions, scaling out.
- 53:26It's great.
- 53:28Most order flow traders actually trade
- 53:31basically that way.
- 53:33Um
- 53:34volume profiles value area break and
- 53:36retest of value area.
- 53:41I do it slightly I trade it slightly
- 53:43differently.
- 53:46But at the end of the day we're all
- 53:47reading order flow and all you're
- 53:49reading at the end of the day is
- 53:52you're understanding auction market
- 53:53theory in terms of where value builds,
- 53:56how we cycle from imbalance to balance,
- 53:59and then you're reading effort versus
- 54:01result.
- 54:05And then you can add options flow
- 54:07because
- 54:09when you get into order flow, you
- 54:11basically start paying attention to
- 54:13volume and participation a lot.
- 54:16Um
- 54:18and then
- 54:19options flow is like a layer deeper than
- 54:21that where you start understanding like
- 54:25why some of the
- 54:27um
- 54:29volume and participation exists.
- 54:34Cuz the options market, especially zero
- 54:36DTE,
- 54:38is
- 54:39it's huge.
- 54:41Um the options market is bigger than
- 54:43CFDs, bigger than Forex, bigger than
- 54:45futures. And
- 54:48zero DTE options actually make up about
- 54:50I think over 50% of all options flow, uh
- 54:54zero DTE contracts.
- 54:58So if you have
- 55:00>> [clears throat]
- 55:02>> if you have a bunch of um
- 55:06participation coming from a monster of a
- 55:07market like the options market, and then
- 55:09you have uh liquidity providers, right?
- 55:13Market makers, dealers.
- 55:16And they need to hedge their positions.
- 55:18They hedge hedge it in the underlying.
- 55:21Futures being one of them.
- 55:35Yeah, DS, that's kind of that's what I'm
- 55:37waiting for as well. I I think that
- 55:39they're
- 55:40I would be pretty surprised if we
- 55:42straight-up V-shape this all the way
- 55:44back
- 55:45like this.
- 55:47There may be an opportunity on this pump
- 55:50up where we start to
- 55:54potentially roll over again.
- 55:58But I'm waiting just in case we don't
- 56:00and we just if we V-shape this, that
- 56:02would actually be crazy.
- 56:05That'd be the craziest V-shape I've
- 56:06probably ever seen.
- 56:09>> [snorts]
- 56:45>> 5-minute candles are 106 points ATR
- 56:47right now on a 14 length.
- 56:57Can you get Can you get my
- 57:00Yeah, I don't V-shapes are
- 57:05I mean if if if I have like a trade that
- 57:08I was going to get long for a reversal
- 57:10anyways and then it just happens to
- 57:11V-shape, then great, but
- 57:13you know, I usually end up getting out
- 57:15before it truly V-shapes up and I
- 57:19typically won't try and take a
- 57:21continuation like once this is starting
- 57:24to form like this, I don't
- 57:27try and follow it like that.
- 57:38>> [snorts]
- 57:44>> V-shapes are profit killers.
- 57:48Yeah, I don't really trade them.
- 57:50>> [snorts]
- 58:25>> I'm going to I'm going to try a short
- 58:27here with four micros. We're going to
- 58:30risk some of the profits for today.
- 58:35I'm going to see if this 5-minute can
- 58:37flip bearish or if we're just going to
- 58:39get wrecked.
- 58:45All right, flip bearish. I'm going to
- 58:46move it to break even.
- 58:48We're going to see if it can
- 58:51drop lower.
- 58:53Um if we approach
- 58:56what is this? 572, I'm going to start
- 58:59trailing my stop.
- 59:11Uh DGS took it, too.
- 59:15Nice.
- 59:18I'm looking for it to happen relatively
- 59:20quickly with some follow-through.
- 59:33>> I need to get uh it's just going to take
- 59:34me out.
- 59:36We'll take our 200. Oh.
- 59:46I'm going to trail it as we go down,
- 59:48though.
- 59:55I actually took two two off.
- 1:00:00And we're going to let the other two
- 1:00:01ride.
- 1:00:03Well, not really ride because it's my
- 1:00:06trailing stops right here, but we're
- 1:00:07going to see if it can continue.
- 1:00:13>> [clears throat]
- 1:00:26>> This 5 minutes is probably going to open
- 1:00:28up and take me out, but I don't want to
- 1:00:29necessarily
- 1:00:32um
- 1:00:36risk a whole lot.
- 1:00:39All right, so we made 400 bucks on that.
- 1:00:41I'll take it.
- 1:00:43So now we're up 1,600 on this account.
- 1:00:49It's probably still going to drop
- 1:00:51um
- 1:00:52as long as we don't get back above like
- 1:00:54670.
- 1:01:01It's just pretty volatile right now, and
- 1:01:02one thing to note is just that
- 1:01:05um
- 1:01:09I already have enough in this balance
- 1:01:11for a max payout. So that it's kind of
- 1:01:13pointless for me to actually continue to
- 1:01:14trade it like this.
- 1:01:16But
- 1:01:21I mean I I just I thought we were going
- 1:01:23to turn around up there. I can't I got
- 1:01:24to try it.
- 1:01:27Although, that's why I trailed my stop
- 1:01:28cuz
- 1:01:32the most I can take out on this next
- 1:01:33payout is 2250 anyways, so
- 1:01:36it's just
- 1:02:06Banger DS.
- 1:02:08You went one micro?
- 1:02:11Very nice.
- 1:02:18>> [snorts]
- 1:02:40>> Wow, that's 135 points.
- 1:02:44Looks so small.
- 1:02:56Yeah, dude, these days where we have all
- 1:02:58totally like this, I mean, you don't
- 1:02:59even need to catch You don't even need
- 1:03:01to catch like a
- 1:03:03like the whole move. You could just
- 1:03:05scalp it if you just get a good entry. I
- 1:03:08mean, I went four micros, right? I went
- 1:03:10four micros, I made 400 bucks. It was
- 1:03:11just
- 1:03:13took me 2 minutes to catch 50 points.
- 1:03:18So now we have caught
- 1:03:20350 points today.
- 1:03:26Well,
- 1:03:28260
- 1:03:33260
- 1:03:34from this session and then Asia session
- 1:03:37caught 90.
- 1:03:39Uh yeah, I use rhythmic data on it on a
- 1:03:42test. It's good.
- 1:03:45It I mean it's the normal live rhythmic
- 1:03:47Chicago server, so
- 1:03:51I rarely have issues with it. It's very
- 1:03:53rare.
- 1:03:57What do you mean the data is different
- 1:03:59than others? In what way?
- 1:04:04You don't mean prices, right? Because
- 1:04:06that's
- 1:04:07that shouldn't be happening.
- 1:04:29Oh, big trades.
- 1:04:35Mhm.
- 1:04:37It's cuz sometimes they calculate it
- 1:04:39differently. Especially you'll also have
- 1:04:41different big trades
- 1:04:43uh on the big trades indicator depending
- 1:04:44on what platform you're using, too.
- 1:04:47The way they group orders,
- 1:04:49you know, the way they calculate the
- 1:04:51orders.
- 1:04:55So like if you look at deep charts and
- 1:04:58you look at
- 1:05:00Sierra charts,
- 1:05:02probably, or you look at MotiveWave, you
- 1:05:04look at A-TAs,
- 1:05:06you'll the very obvious big trades,
- 1:05:08you'll still see big trades pop up
- 1:05:09around the same spot, but the numbers
- 1:05:11may be different.
- 1:05:13And if you have a filter, like let's say
- 1:05:15your filter's like
- 1:05:17250 for MNQ.
- 1:05:19Um
- 1:05:21because the numbers are different, you
- 1:05:23may have bubbles pop up on one platform
- 1:05:25and they don't pop up on the other.
- 1:05:34But I I'm really not too concerned about
- 1:05:36that.
- 1:05:55Uh what do I use for Bookmap?
- 1:05:57For heat map, I use I I I look at this.
- 1:06:03So, what this is right here is this is a
- 1:06:06test as old heat map.
- 1:06:07These white levels right here are the
- 1:06:09DOM.
- 1:06:10So, depth of market expresses levels.
- 1:06:18And then the heat maps right here.
- 1:06:34So, the footprint should not change. It
- 1:06:36should be the same.
- 1:06:39It should be the same unless you have
- 1:06:40some type of setting um
- 1:06:42where it's aggregating data.
- 1:06:45Then it's going to look different. So,
- 1:06:46like for example, on my footprint
- 1:06:48charts, I have it aggregating data for
- 1:06:50every point. So, this isn't tick by tick
- 1:06:53because if I keep it tick by tick, then
- 1:06:55I got to zoom in like a lot to see the
- 1:06:57footprint show up. And when we're moving
- 1:06:59around, um
- 1:07:02for example, we're at 111.8
- 1:07:05TR right now.
- 1:07:07Do I necessarily need to see tick by
- 1:07:09tick order flow data? Like, not really.
- 1:07:12Um
- 1:07:13I'm okay with it being per point.
- 1:07:16So, it aggregates. Now, if you're on
- 1:07:17deep charts, right? So, let's take a
- 1:07:20look at deep charts. What deep charts
- 1:07:22does is you notice how like the more I
- 1:07:25zoom out, there's there's less levels
- 1:07:27and the more I zoom in, there's more
- 1:07:29levels. So, they're aggregating their
- 1:07:31numbers and their data, right? So, like
- 1:07:33if you go and it shows for simplicity of
- 1:07:37like ease of use, right? So,
- 1:07:40if you go and you look at this and it's
- 1:07:42all scrunched up and you look at this
- 1:07:44and say
- 1:07:46"Oh, there's 23 and 112 sitting here."
- 1:07:49Then you go over here, you're like,
- 1:07:50"Where's that at, right?" Up here.
- 1:07:54It's because it's aggregating the data.
- 1:07:58There may be slight differences in the
- 1:07:59numbers. I haven't really done like a
- 1:08:02in-depth like
- 1:08:05test.
- 1:08:06Right? But,
- 1:08:09but yeah, they will be different. You
- 1:08:12like it'll keep doing this until I zoom
- 1:08:14in until I get only per tick. See? It's
- 1:08:16like this is now per tick.
- 1:08:19So,
- 1:08:20if we go up here now,
- 1:08:24and it's zoomed in all the way, we have
- 1:08:250 A 0 10 4 10.
- 1:08:29I would need to change this to tick by
- 1:08:30tick, but it'd probably be the same. 0 A
- 1:08:320 10 4 10.
- 1:09:01All right. Well, you know what?
- 1:09:04I think I'm done.
- 1:09:08I think I'm just going to call it.
- 1:09:12So,
- 1:09:14I hope you guys had a good day. I hope
- 1:09:15we're green.
- 1:09:18I hope nobody tried to continuously long
- 1:09:21this short.
- 1:09:24I don't know why you would if you're
- 1:09:25watching that, but I just hope nobody
- 1:09:27did that.
- 1:09:30And then if you miss this,
- 1:09:32if you miss this move,
- 1:09:36don't try and force a bunch of [Â __Â ] if
- 1:09:39we start balancing out, please.
- 1:09:42You know what I mean?
- 1:09:45You missed the train and now you're just
- 1:09:47trying to like uh
- 1:09:49make up for it, you know, by like
- 1:09:51trading trading uh overlapping candles.
- 1:09:54I mean, it's still big enough though
- 1:09:56where you can scalp and make money for
- 1:09:57sure, but
- 1:10:00I hope you understand my point.
- 1:10:04At a certain point today, we're probably
- 1:10:05going to balance out if it's not going
- 1:10:07to happen right here. We're probably
- 1:10:09going to balance out some point
- 1:10:10somewhere. So,
- 1:10:12just don't be don't be that guy. Don't
- 1:10:14be the guy who
- 1:10:16misses a move like this or even like the
- 1:10:19pump up like this or whatever.
- 1:10:22And then we start doing this. You miss
- 1:10:23both of those, so now we're doing this
- 1:10:25and then you're over here like
- 1:10:26destroying your accounts in this after
- 1:10:28we just had like a you know what I mean?
- 1:10:31That used to happen to me all the time.
- 1:10:35And I know that's probably happening to
- 1:10:36somebody right now.
- 1:10:39So, that's just
- 1:10:41my heads up
- 1:10:42to not do that.
- 1:10:46All right, well, I'll catch you guys.
- 1:10:48Round of applause.
- 1:10:50The the winning uh the losing streak on
- 1:10:52stream where then I go and get off
- 1:10:54stream and make my make profits that
- 1:10:56ended today, so we actually
- 1:10:59uh caught a decent amount on stream. We
- 1:11:01caught 260 points on stream.
- 1:11:05And then
- 1:11:07last night during during Asia, I um
- 1:11:10I caught 90 points. So, today
- 1:11:14we're up over 350 points.
- 1:11:18We're 350 points.
- 1:11:20So, I'm going to just call it there. I
- 1:11:22will catch you guys later. Um uh
- 1:11:25tomorrow, I'm going to be streaming with
- 1:11:26Profit Room Match, so I'm not going to
- 1:11:28be in the Discord. I'm not going to be
- 1:11:29on my YouTube. I'm going to be on Profit
- 1:11:31Room Match's
- 1:11:32YouTube.
- 1:11:34So, I will talk to you guys later. Hope
- 1:11:36you have a great rest of your day.
- 1:11:37Peace.
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