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

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1. 0:05Good morning.
2. 0:20Man, not going to lie. Kind of tired.
3. 0:24Kind of tired.
4. 0:48Got
5. 1:00some pretty clean price action during
6. 1:03the overnight. Even the pump pre-market
7. 1:05after
8. 1:08heading into pre-market at least.
9. 1:18Yeah, I actually rolled over um
10. 1:21contracts today.
11. 1:29I went and looked at I was looking at
12. 1:31the open interest and the volume that
13. 1:33adjusted for yesterday.
14. 1:35It's basically half and half, but it'll
15. 1:39become the
16. 1:42the main one
17. 1:46by end of day.
18. 1:51Yeah, I'm already on the Z contract.
19. 2:08Yeah, the continuous contract. I mean,
20. 2:10some platforms already
21. 2:13rolled you guys over.
22. 2:26Trading View already did it. Um,
23. 2:30top step probably already did it. Trade
24. 2:32of A did it.
25. 2:40Actually got to make sure my other
26. 2:42platform is doing it, too.
27. 2:56Good morning.
28. 3:10Yo, I'll be right back.
29. 3:12I'll be right back.
30. 3:52All right, I'm back.
31. 4:04So, we still have
32. 4:07unfilled gap above,
33. 4:12but in order for us to obviously get up
34. 4:15there,
35. 4:17I would be I'm going to be watching kind
36. 4:19of this
37. 4:21area.
38. 4:24The ideal scenario for higher
39. 4:28would be for us to push through this,
40. 4:31come up here, push through this area,
41. 4:33and then try and long it on a retest.
42. 4:36But it would be us basically getting
43. 4:39above
44. 4:40um
45. 4:42the value area high for
46. 4:45the RTH yesterday, as well as getting
47. 4:49above like PC and value area high of the
48. 4:51ETH.
49. 4:53and the composite getting back into
50. 4:56value area low of the composite. If we
51. 4:59can do that and then we defend it, then
52. 5:02I'm going to look for a potential
53. 5:03continuation long. But I am going to be
54. 5:06careful about this area
55. 5:09because
56. 5:12we could reject out of it. But
57. 5:16we'll see. If we can't get past
58. 5:20composite value area low and all the
59. 5:23other stuff I just said, then I'm going
60. 5:26to
61. 5:27be looking for us to potentially mean
62. 5:29revert around and maybe even start
63. 5:32making our way down here.
64. 5:34So, we'll see what happens this morning.
65. 5:38Pretty clean move during the overnight.
66. 5:42Seems like London has been the star of
67. 5:44the show recently.
68. 5:48It's making some nice moves.
69. 5:55Well,
70. 5:58just the overnight in general, I guess.
71. 6:08Yeah. Unfortunately, I'm sleeping during
72. 6:10that time. But
73. 6:14maybe I should be changing my schedule.
74. 6:16My sleeping schedule. I can't though. I
75. 6:19can't.
76. 6:28Jared, when there whenever there's a
77. 6:31contract rollover, you're going to see a
78. 6:33gap
79. 6:34a lot of the times.
80. 8:22Uh, Silva David maybe I might
81. 8:34What
82. 8:52So, we're opening up. We're going to see
83. 8:54if we've actually push it down into this
84. 8:56area. This area would actually be pretty
85. 8:59pretty solid for a potential long
86. 9:03back up into kind of the 400 area.
87. 9:10But if we do begin to push up and we
88. 9:12just start pumping out from here, then I
89. 9:14am going to be watching here to see if
90. 9:16we can accept above it. If we do accept
91. 9:18above it, it's a pretty good sign that
92. 9:19we could try and be going higher.
93. 9:22Uh but we'll see what happens.
94. 9:47This is kind of a no trade area for me
95. 9:49though, right here. I I would kind of
96. 9:52want to wait to see what it does. I want
97. 9:54to see if we're going to actually push
98. 9:56down into here.
99. 10:01Uh, Hines Ketchup. So, Tanuki trade
100. 10:04actually takes a little bit longer to
101. 10:07to
102. 10:09roll over their contract that they show
103. 10:10on their platform. What I would
104. 10:13recommend if you're looking at it is um
105. 10:19is you look at the QQQ chart.
106. 10:24or if you keep up the platform. I mean,
107. 10:26it doesn't matter. Like, like I have the
108. 10:29web platform up.
109. 10:32It's on the old contract, but I can
110. 10:34still see the levels.
111. 10:36Yeah, you can just draw them out
112. 10:38according to price action if you want.
113. 11:04But Tanuki will probably honestly Tanuki
114. 11:07will probably end up rolling over
115. 11:08because they're they're using a a data
116. 11:11fee from
117. 11:14a CFD.
118. 11:16pretty sure NDX NDX CFD
119. 11:20I think
120. 11:24which probably won't even roll over
121. 11:26until the end of the week maybe
122. 12:23Oh, great.
123. 13:02So when we push down, I am going to be
124. 13:04watching kind of around here
125. 13:07to see if we're going to hold it.
126. 13:15350 to 300.
127. 13:33if we even get down There.
128. 14:15Uh, no. I've never tried pivot points on
129. 14:17NQ.
130. 16:25So, as long as we're kind of sitting in
131. 16:26here, I'm not really going to do
132. 16:27anything.
133. 16:33I would like us to either start pushing
134. 16:35up into here or pushing down into here.
135. 20:28What
136. 20:46Yeah, the cluster statistics this is
137. 20:48showing volume and then this is delta
138. 20:50and then these are five minute candles.
139. 20:57So, we're just waiting right now. We're
140. 20:59We're just like in this area that I
141. 21:04just waiting for us to get out of.
142. 22:21New York.
143. 22:53Uh, it's 6:44 a.m. for me.
144. 22:59I went to bed kind of late, so I'm a
145. 23:00little tired,
146. 23:04but we got we got some coffee, so we're
147. 23:07good.
148. 25:21Do I use just these two charts for my
149. 25:23entire trading process? No, I I do not.
150. 25:27If you want to know the the charts I'm
151. 25:29looking at, um I posted a video about my
152. 25:33deep charts setup. There's like five
153. 25:36charts
154. 26:27We're going to box this off.
155. 26:31We're going to call it
156. 26:35no
157. 26:38trade
158. 26:42just because I know people are going to
159. 26:45ask me. So
160. 26:48make it easy.
161. 26:50But never flat.
162. 26:52Yeah, [snorts]
163. 26:56that is true.
164. 27:00But for now we will be flat.
165. 27:33What do you mean? Trading View shows the
166. 27:35chart different
167. 27:39like price-wise.
168. 27:42M. If it's a different price, it's
169. 27:44because you're looking at two different
170. 27:46contracts.
171. 28:05Yeah, I rolled over everything to the Z
172. 28:07contract
173. 28:09because the
174. 28:16you just go look at the CME open
175. 28:17interest and volume for NQ MNQ.
176. 28:23It'll be fully rolled over by the end of
177. 28:26the day. Well, not fully rolled over,
178. 28:27but it'll be have the majority of the
179. 28:29volume and open interest by the end of
180. 28:31the day.
181. 29:04>> [snorts]
182. 30:57>> Wonder if today will be a little bit
183. 30:59like yesterday where we start off kind
184. 31:01of slow and then maybe pick up a little
185. 31:03bit
186. 31:04after the 4 hour.
187. 32:03Agy Drift, that's up to you, bro. I saw
188. 32:06that message. That's up That's up to
189. 32:08you.
190. 32:10I'm not gonna I'm not going to tell you
191. 32:11what to do.
192. 32:31Although if that is true what you're
193. 32:32saying and you're worried about it, well
194. 32:36then you should probably just look into
195. 32:37what the Clarity Act is and you make
196. 32:40your own decision on what to do.
197. 32:48because that's crypto. I'm over here
198. 32:50trading um
199. 32:53indices,
200. 32:55the NASDAQ
201. 33:17You said this is crystal clear price
202. 33:20action right here.
203. 33:27This is my no trade zone. This is a
204. 33:29decision zone actually for me because
205. 33:34I'm watching up here or I'm watching
206. 33:36down here. We're like in the middle of
207. 33:37it right now.
208. 33:39So,
209. 33:45we're just waiting.
210. 33:49Crystal clear Trump price action.
211. 34:00Yeah, this is like the type of price
212. 34:01action at the open where you I'm like,
213. 34:03"Oh, it's going up. Oh, it's going down.
214. 34:07Oh, my account's blown.
215. 34:12So, I just
216. 34:14I'm going just not trade it
217. 34:19until we get out of here. And if we
218. 34:21don't get out of here, then which I
219. 34:23which would be crazy if we compress into
220. 34:26this,
221. 34:28we'll get out of here eventually. It's
222. 34:29not even 100 points.
223. 34:42A real man trades blindfolded.
224. 34:51That's crazy.
225. 34:5530 second chart.
226. 35:00Yeah. Should we just keep dropping down
227. 35:02in time frames until it gets clean?
228. 35:15>> Ah, there we go. The one second chart.
229. 35:24Yeah, 30 seconds. I know people who
230. 35:26trade on the 32nd.
231. 35:33This actually looks pretty nasty on all
232. 35:35the all of them.
233. 36:50All right, let's see if the new 4hour
234. 36:54Open is going to
235. 37:00do anything.
236. 37:17Uh the reason why this is a no trade
237. 37:19zone is because it's the
238. 37:23it's the middle it's like smack dab in
239. 37:25the middle of
240. 37:28where I'm actually looking to take a
241. 37:30trade. Like the two things I was looking
242. 37:33for this morning is either for us to
243. 37:35drop down and as we approach like
244. 37:40RTH POC of yesterday or value area low
245. 37:45kind of in between the 350 to 300 area.
246. 37:47See if it would be a pullback to try and
247. 37:49go long with the first area of target
248. 37:52being back to the 400 and then of course
249. 37:54trying to hold it higher. But if we were
250. 37:57to pump up then I'm watching up here
251. 38:00where we have
252. 38:03value area high ETH POC.
253. 38:07If we can accept above it then we may go
254. 38:09try and fill the gap
255. 38:11and
256. 38:14we're in the middle between the two of
257. 38:16them.
258. 38:20We popped up a little bit pre-market,
259. 38:22dropped down even at the open, and then
260. 38:24now we're just even in the middle of
261. 38:25this established range itself.
262. 38:29So, it's just it's pretty indecisive
263. 38:31right now.
264. 38:34I mean, you can sit here and try and
265. 38:36make a guess and you could try and be
266. 38:38right.
267. 38:40Um,
268. 38:42and that's totally up to you, you know,
269. 38:46but
270. 38:52I'd rather just wait.
271. 40:01Yeah, I wouldn't be surprised if we do
272. 40:04we have we have the the meeting
273. 40:06tomorrow, you know,
274. 40:14so I I won't be surprised if we just do
275. 40:16a bunch of nothing.
276. 40:24DS, did you change your profile picture
277. 40:27to you on a horse?
278. 40:38Trading on a horse.
279. 40:44>> [laughter]
280. 40:51>> That's dope.
281. 41:52the new hourly candle opened up and we
282. 41:54are doing nothing.
283. 42:06I'm gonna be real with you guys. I'm
284. 42:07gonna probably give this like 15 to 30
285. 42:09minutes and if we don't do anything,
286. 42:13I'm just not even gonna trade today and
287. 42:14I'm just gonna wait
288. 42:17and trade tomorrow.
289. 42:54Uh yeah, I did. I got some more.
290. 42:57I got some more of those for you guys.
291. 43:01And then they told me
292. 43:05they said that
293. 43:12they want me to do a competition that
294. 43:15they're hosting.
295. 43:2016 traders,
296. 43:23a round of 16 quarterfinals, semifinals,
297. 43:26final. You get paired against one
298. 43:28opponent for two days.
299. 43:32You get a 25k sim account.
300. 43:36Two mini max position.
301. 43:39If you lose, you get eliminated.
302. 43:43If you win, you move to the next round.
303. 43:48Winner gets 5k.
304. 43:53I might do it.
305. 43:59I don't know. competition.
306. 44:01Competitions though are like
307. 44:04they're cool and all, but
308. 44:10I got this account that's this funded
309. 44:13account.
310. 44:15I need to pull a payout on it.
311. 44:20I got this other
312. 44:23rapid rapid EOD funded account with MFF
313. 44:26where I got to build the buffer on it.
314. 44:30You know, the competitions are fun, but
315. 44:33they're like slightly distracting.
316. 44:52Can we get out of here
317. 44:56or are we going to stay in here?
318. 45:56If we do push down, just remember I'm
319. 45:58I'm kind of watching around this area
320. 46:00between 350 and 300
321. 46:03on the Z contract.
322. 47:38What's my overall bias for today? Well,
323. 47:40my bias at this point is to just go do
324. 47:43something else. Honestly,
325. 47:46my bias for this point at this point is
326. 47:49kind of just like, yeah, it's looking
327. 47:50like I might not trade today.
328. 47:59Unless we start moving around a little
329. 48:00bit. But if we come if right now we come
330. 48:04back up into this area,
331. 48:09it's going to be a lame.
332. 48:12The daily recap bid. Here's here's my
333. 48:15daily recap. We sat here, watched price
334. 48:21went up, went down, went up, went down,
335. 48:22went up, went down. Now it's trying to
336. 48:24go down.
337. 48:29Your bias right now is to seek
338. 48:31employment.
339. 49:37Okay, I think we all we are all aware of
340. 49:39what this zone is now at this point. I
341. 49:41need to get this off my screen.
342. 49:45We're pushing down. This is good. This
343. 49:47is good. We're going somewhere.
344. 49:52Oh.
345. 49:54There we go.
346. 49:56So, I'm watching as price comes down
347. 49:58into the 350 300 area. I'm going to be
348. 50:01watching to see
349. 50:04if we're potentially going to find an
350. 50:07opportunity. Look for a long
351. 50:36unless we really start dropping. kind of
352. 50:37hard then.
353. 52:31Hey.
354. 54:59I'm watching right now to see if we're
355. 55:00going to hold ETH value area low
356. 55:04or if we're going to start making our
357. 55:05way towards 300 and then potentially
358. 55:07even towards where the put wall sitting.
359. 55:37Uh Justin, you should roll over your You
360. 55:39should roll it over.
361. 55:43The way that you do it is in the in the
362. 55:45menu, you go to options,
363. 55:47then it'll say symbols, roll over, and
364. 55:50then you just roll it over.
365. 56:20I might actually take a continuation
366. 56:22short.
367. 56:27I just don't know if we're going to have
368. 56:29enough
369. 56:30participation to see some decent follow
370. 56:33through on it without
371. 56:39messing around.
372. 57:09But I would only do that under like very
373. 57:11certain circumstances. We would need to
374. 57:14actually accept below this area. We're
375. 57:16not accepting below it at all yet.
376. 57:20We're trying to break below it, but it's
377. 57:22not actually
378. 57:24we're not actually accepting below the
379. 57:26ETH value area low yet.
380. 57:30And again, originally, this is an area
381. 57:32where I'd be looking to see if we could
382. 57:36potentially
383. 57:39find an opportunity to mean revert it
384. 57:41back towards 400 on the Z contract.
385. 59:06Will I join the trade trade competition?
386. 59:10No, I got to chill on competitions. I
387. 59:12got to focus on my funded accounts.
388. 59:24Oh, damn. Looks like everyone's Discord
389. 59:26died, huh?
390. 59:31We just wa We just watched like a
391. 59:35I just saw like a 100 people drop off.
392. 59:38100 people got kicked out of the call.
393. 59:46Did the Did the Discord squad move over
394. 59:48to YouTube? Is that what just happened
395. 59:50right now?
396. 1:00:06>> Is IQ Capital legit?
397. 1:00:09Yes, they are legit.
398. 1:00:13Shout out IQ Capital.
399. 1:00:22Chris, what date were you born?
400. 1:00:26Bro, what?
401. 1:00:50All right. So, we're get we're getting
402. 1:00:52below ETH value area low. We'll see if
403. 1:00:54we're we're going to make our way down
404. 1:00:55towards the pull wall.
405. 1:00:57There's really nothing that I've wanted
406. 1:00:59to take so far this morning.
407. 1:01:14But we'll see.
408. 1:01:16This is the last area that I would have
409. 1:01:18been uh
410. 1:01:21considering.
411. 1:01:25[snorts]
412. 1:03:11All
413. 1:03:24right. So, we're seeing a little bit of
414. 1:03:25a reaction off. This is like around RTHP
415. 1:03:29of yesterday.
416. 1:03:33At least mine.
417. 1:04:14my my my um RTH I started at the hourly
418. 1:04:18open. It's sitting at 29,300.
419. 1:04:52No, not 10. Not 10 Eastern.
420. 1:04:559 Eastern.
421. 1:05:30What do I think about PW's trading
422. 1:05:32style? I actually don't know how he
423. 1:05:34trades. I I've never watched his
424. 1:05:36streams. I know who he is.
425. 1:05:39Never really watched him trade before.
426. 1:05:42If it makes money, then it's great.
427. 1:06:20Yeah, we do have some buyers here, but
428. 1:06:22it's just
429. 1:06:26whether or not we're going to see follow
430. 1:06:27through back to the upside or if we're
431. 1:06:30just like going to see buyers stepping
432. 1:06:32in down here and then they just get ran
433. 1:06:34over and then we start going lower.
434. 1:07:44I think
435. 1:07:48I want us to
436. 1:07:52I want to see what happens here. I may
437. 1:07:53look for a if we actually start getting
438. 1:07:55followthrough from buyers, I may look
439. 1:07:57for a continuation back towards 400.
440. 1:10:24>> [laughter]
441. 1:10:33>> I'm going to give it a shot for the
442. 1:10:35longs,
443. 1:10:37but I have to be careful once we start
444. 1:10:38approaching back towards 350. But the
445. 1:10:40stop's going to be just right below
446. 1:10:42these lows. It's probably going to be
447. 1:10:44the only trade that I take today.
448. 1:10:47We do need to push through 350 otherwise
449. 1:10:56we're cooked.
450. 1:11:27Top thick chop incoming. Yeah.
451. 1:12:42But whenever um this is when whenever
452. 1:12:45this trade's over, I'm going to stop
453. 1:12:47trading and then um
454. 1:12:51I'll do a giveaway.
455. 1:12:53Then I'm going get off.
456. 1:13:06All right. Well, we got we got got
457. 1:13:08stopped out of that.
458. 1:13:15All right. Well,
459. 1:13:17I'm going to get off from
460. 1:13:23from the YouTube stream
461. 1:13:26and then I'm going to give away an
462. 1:13:27account.
463. 1:13:33So YouTube,
464. 1:13:36I'll catch you later.