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๐Ÿ”ด Live NQ Futures Trading | Order Flow & Prop Firms โ€” Transcript

by Christopher Creamer | Orderflow Trader ยท 3,140 words ยท 545 segments ยท language en ยท Watch on YouTube

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  1. 0:10Yeah, we did dump last night. You know
  2. 0:12what's unfortunate too is um
  3. 0:16last night I
  4. 0:19shorted it right here
  5. 0:23and then I had um I was my target was
  6. 0:2630,10 so I wasn't you know going to
  7. 0:28catch this whole thing but
  8. 0:32I was uh I shorted it here. I was in the
  9. 0:35voice chat in the Discord talking about
  10. 0:38what I was looking at and then my food
  11. 0:40got here. I ordered food. I was trying
  12. 0:42to eat dinner [snorts] and I trailed my
  13. 0:45stop too tight
  14. 0:47and I got wicked out by like I got uh
  15. 0:50hit hit out of my trailing stop for a 3R
  16. 0:53but it was like
  17. 0:57it really wasn't a lot. It was like 30
  18. 0:59points, right? Because my my stop loss
  19. 1:02was super tight.
  20. 1:05So, a bit unfortunate.
  21. 1:07That would have been a nice one.
  22. 1:10So now here we are this morning. We're
  23. 1:12watching um
  24. 1:14right around this 700 to 680 area. If we
  25. 1:18lose this,
  26. 1:20we're going lower.
  27. 1:24We're currently trying to hold it
  28. 1:25pre-market, but
  29. 1:29if we lose this this morning,
  30. 1:32I think there's some further room to the
  31. 1:34downside.
  32. 1:38So, we're going to be paying attention
  33. 1:39to kind of what's going to happen here
  34. 1:42at the open
  35. 1:44because if we hold it, then there is a
  36. 1:46chance that we can try and at least
  37. 1:48rebalance some of this and then
  38. 1:50potentially start ranging or balancing
  39. 1:52[clears throat] balancing out.
  40. 1:59We're also opening up in a negative
  41. 2:01gamma environment this morning with
  42. 2:02decent distribution of negative gamma.
  43. 2:05So,
  44. 2:08We could potentially see some uh
  45. 2:10volatility at the open
  46. 2:13potentially. You know,
  47. 2:26yeah, we took out the entire What up
  48. 2:28TLOI? We took out the entire um pump
  49. 2:31from Thursday
  50. 2:33and we're back below the monthly
  51. 2:36ceiling. We were stuck under that 30,000
  52. 2:3930,100
  53. 3:40Amex lowering credit limits.
  54. 3:46>> Do you believe in flat earth as a
  55. 3:48trader?
  56. 3:53>> Yes.
  57. 3:54Yes, I do.
  58. 3:59round earth.
  59. 4:10Good morning, YouTube chat.
  60. 4:28Globe tards.
  61. 4:31That's the derogatory term. Globe tards.
  62. 4:35[laughter]
  63. 4:44That's funny. You guys are funny. I
  64. 4:47might have to get off a little early
  65. 4:49today, unfortunately. And it sucks
  66. 4:50because I think today is going to be um
  67. 4:56I don't really have to get off that
  68. 4:57early today, but
  69. 5:02I do have a meeting kind of early this
  70. 5:04morning.
  71. 5:07Although hopefully,
  72. 5:10you know, here's the thing, right? We're
  73. 5:11So, we're opening down here. We're deep
  74. 5:13in in negative gamut territory. We're
  75. 5:16currently above 680 for now. You know,
  76. 5:19who knows what's going to happen in the
  77. 5:20next five minutes, but um
  78. 5:26we could see us after a drop like that
  79. 5:28from the overnight, we could see us
  80. 5:30rebalance and then balance for AM
  81. 5:33session. So,
  82. 5:36you know, I don't want to um
  83. 5:41I mean, it could be a a nasty
  84. 5:44range. Well, a tradable range though
  85. 5:47because if it's big enough, right, then
  86. 5:48we could try and fade the extremes of
  87. 5:50it. But I just I'm curious to see how
  88. 5:53we're
  89. 5:54going to react off the open
  90. 5:58[snorts]
  91. 6:21What up, Blank Spartan?
  92. 6:44I'm not I'm not necessarily a huge fan
  93. 6:47of us opening right at the level I'm
  94. 6:49watching this morning.
  95. 6:52So hopefully within the next four
  96. 6:55minutes we uh
  97. 6:59move a little away from it,
  98. 7:03but I doubt it. We're probably going to
  99. 7:04open right on top of it.
  100. 7:29Good morning everybody.
  101. 7:33What am I looking for today? Well,
  102. 7:37I'm watching 700 to 680 right now. I'm
  103. 7:40seeing if we're going to be able to hold
  104. 7:41it.
  105. 7:46We're opening right here though, which
  106. 7:48is not necessarily ideal.
  107. 7:56If we accept below 680, we're going
  108. 7:58lower
  109. 8:02towards like the lower 500s.
  110. 8:06But if we hold above it, we may
  111. 8:09come back up here towards kind
  112. 8:11[clears throat] of like the 800 area.
  113. 8:22Yeah. The low the lows from uh Tuesday
  114. 8:25at 5:30. Yep.
  115. 8:32Like I'm kind of I'm kind of tempted to.
  116. 8:37We're just getting pretty close to the
  117. 8:39open, but
  118. 8:42we'll wait. We'll wait and we'll see.
  119. 8:45[snorts]
  120. 8:57We're starting to get a little bit of
  121. 8:58volatility before.
  122. 9:03If this flips bullish though and and we
  123. 9:06start we're starting to see some
  124. 9:08aggression come in from the buyers. If
  125. 9:11this holds, we might rip it off the
  126. 9:14open, back up a little bit, but I just I
  127. 9:16I wouldn't feel comfortable trying to
  128. 9:19trade um
  129. 9:22trying to enter a trade like right
  130. 9:24There.
  131. 9:59But after a day like yesterday,
  132. 10:02yesterday we had a pretty pretty uh
  133. 10:04boring day, huh? So, I think today
  134. 10:07should be pretty interesting.
  135. 10:21I will say though, I'll probably uh I'm
  136. 10:23going to switch over to an EVA right
  137. 10:24now. [snorts]
  138. 10:26[clears throat] If we um open up and we
  139. 10:28try and make another attempt below 680
  140. 10:30and we fail, I might just try and test
  141. 10:32out a long,
  142. 10:37but I got to be a little careful cuz
  143. 10:43I mean, that's why I'm going to do it on
  144. 10:45an eval if I do do that.
  145. 10:55And if we just start slamming lower off
  146. 10:57the open, we accept and we start
  147. 10:59accepting past 680, then we're going
  148. 11:02lower. It'll honestly be slightly
  149. 11:04difficult to get into a trade if we do
  150. 11:06that.
  151. 11:21Oh, that's nasty.
  152. 11:39Happy birthday.
  153. 12:02So, we're holding it, but
  154. 12:06This is a This is a pretty volatile open
  155. 12:08here.
  156. 12:21It was a bit fast as well.
  157. 12:51See, what I what I was kind of looking
  158. 12:52for was for us to, like I said, come
  159. 12:54down, try and break past 680, and fail.
  160. 12:57And then there could have been a solid
  161. 12:59opportunity to try and go long. But I
  162. 13:01don't know if you guys saw that. That
  163. 13:02was pretty nasty.
  164. 13:05We shot down, pushed up, shot down,
  165. 13:07pushed up, and then just ripped. So, not
  166. 13:11much I could really do.
  167. 13:19Although the first area we want to see
  168. 13:20us get past though is kind of like this
  169. 13:22760 area.
  170. 14:54This is a pretty crazy opening candle.
  171. 14:56Thing was snapping back and forth.
  172. 16:07This is a pretty gross opening candle.
  173. 16:11We're back above 680.
  174. 16:59It's just one of those opens where you
  175. 17:01got to just kind of wait a second
  176. 17:03because there's
  177. 17:07I mean this is a pretty large opening
  178. 17:08print. It's like over a 100 points.
  179. 17:10We're just snapping back and forth.
  180. 19:41I think what I'm going to do though is
  181. 19:43um
  182. 19:46I have to I might have to just wait for
  183. 19:48us to get out of here
  184. 19:54so I just Don't get caught in the
  185. 19:56whiplash.
  186. 20:21If we do push up though, so these are
  187. 20:24the two scenarios I'm watching for right
  188. 20:26now. Obviously up and down basically. So
  189. 20:29if we do push up past 760 and we hold
  190. 20:32above it,
  191. 20:35we could probably be trying to re uh
  192. 20:37revisit around
  193. 20:3929,880
  194. 20:4120 thou 29,900
  195. 20:44[clears throat]
  196. 20:49if we accept below here. I mean we tried
  197. 20:52it was a pretty decent attempt to try
  198. 20:53and get below here and we we held 680.
  199. 20:56So, if we do end up slamming all the way
  200. 20:59back down,
  201. 21:00um,
  202. 21:03I'd be looking for us to come down
  203. 21:04towards like the lower 500s,
  204. 21:14but I'm just cautious right now of us
  205. 21:18whiplashing a 100 points back and forth
  206. 21:20right here.
  207. 21:30You have
  208. 21:40it.
  209. 21:50up.
  210. 22:11Circle it.
  211. 22:51At least we're getting some movement
  212. 22:53today, dude. Yesterday sucks.
  213. 23:06although the overnight was nice.
  214. 23:10Hopefully somebody one of you guys
  215. 23:12caught some shorts from the overnight.
  216. 23:13That was a pretty nice move.
  217. 24:07seem to be stuck at 760. Yeah, I'm
  218. 24:09seeing if we can get past it because
  219. 24:12that's my um
  220. 24:15I sent that out on the outlook, right?
  221. 24:17If we accept above 760, then we're
  222. 24:21probably heading back up here. Back up
  223. 24:23here. But we need to get past it first.
  224. 26:56Look how the 15minute close.
  225. 28:06See if we can get past 680. I hope we I
  226. 28:09really hope we don't do a nasty
  227. 28:11whiplashing chop right around this area.
  228. 28:14That'd be super unfortunate.
  229. 29:30What up trading markets? Yesterday I
  230. 29:32told you short is the way to go those
  231. 29:33days. Yeah,
  232. 29:35pretty nice shorter in the overnight.
  233. 30:51All right, let me see how this five
  234. 30:52minute's going to close. If we um
  235. 30:55[clears throat] start accepting below
  236. 30:56680 here and we don't slam back up, I
  237. 30:58might try and take a short to target
  238. 31:01lower 500s.
  239. 32:19All right, I'm going to go short right
  240. 32:20here.
  241. 32:26The stop's going to be right above five
  242. 32:27minute high.
  243. 32:30Right above 680.
  244. 32:32Where is that? Oops.
  245. 32:42The only thing is that we are we need to
  246. 32:45break past this area or we're going to
  247. 32:46basically bottom take shorts.
  248. 33:52If we slam back up and take me out of
  249. 33:55this position, we'll wait for the uh
  250. 33:57hourly the 4hour open.
  251. 33:59But if we fail to break lower right now,
  252. 34:02we're just going to enter into like a
  253. 34:05really nasty
  254. 34:07chop.
  255. 36:00uh yeah, [clears throat] if you just
  256. 36:02joined, I'm in shorts right now, but
  257. 36:05we have to break past this area. I don't
  258. 36:08want us to I don't want us to take
  259. 36:09orders and slam back up, but we're
  260. 36:11looking for us to continue to the
  261. 36:14downside towards um
  262. 36:17the lower 500s.
  263. 36:23First target basically being 530. The
  264. 36:25only thing though is that this is a I
  265. 36:28took this on an eval.
  266. 36:30So, we're just going to go for profit
  267. 36:33target on this basically.
  268. 36:37So, a little bit over a
  269. 36:38>> two R.
  270. 36:54Oh, it'll be for like 75 points if we
  271. 36:56can get down there.
  272. 37:13Jeez.
  273. 37:18I wonder if those are there to actually
  274. 37:20get filled.
  275. 37:22Let's see.
  276. 37:32They were there to get filled. That's
  277. 37:33crazy.
  278. 38:46If we get another attempt lower right
  279. 38:48now, like a decent push again,
  280. 38:52I have to move it to break even
  281. 38:56because if it fails again, we might just
  282. 38:58spring up pretty hard.
  283. 39:32$800 profit and doesn't stop. Well,
  284. 39:34yeah. I mean, the target's lower.
  285. 39:38We're just struggling to get the follow
  286. 39:39through on it, but
  287. 39:44I'm okay. We could take L on it. If we
  288. 39:47do make another push down like back
  289. 39:49towards uh the 620 or like 610 600 I'm
  290. 39:54going to move it to break even.
  291. 39:56But I need to give it a little bit of
  292. 39:57room.
  293. 39:59Technically this
  294. 40:02we're we're looking for us to stay below
  295. 40:04680 right now. But there my stop is
  296. 40:07right above it. So we might end up
  297. 40:08wicking it and then dropping. But
  298. 40:15it is what it is. It's on an eval. So,
  299. 40:17it's we're just going to let it go.
  300. 40:24And then now that price has like calmed
  301. 40:25down a little bit, I'll probably switch
  302. 40:26over to my funded account.
  303. 40:42Coffee or tea? Coffee
  304. 40:44every day. Cup of coffee.
  305. 40:50It's the breakfast of champions. A zen
  306. 40:53and black coffee.
  307. 41:05All right. So, here we go with the uh
  308. 41:08the hourly the 4hour open.
  309. 41:18Zen or Alps? Actually never tried Alps
  310. 41:20before.
  311. 41:36I'll check them out.
  312. 42:12I'm going to move this to break even.
  313. 42:21I'd rather just wait at this point
  314. 42:24because I don't want to see this fail
  315. 42:27and for this to start flipping bullish.
  316. 42:30We have a lot of selling aggression
  317. 42:32right here and we're not really dropping
  318. 42:38which is concerning.
  319. 43:05All right, I'm out of break even. We're
  320. 43:08going to wait.
  321. 43:28Yeah.
  322. 43:40Look at the difference between the wick
  323. 43:42on
  324. 43:48MNQ and NQ.
  325. 44:04Happy
  326. 44:38Happy birthday.
  327. 44:50All right. So, let's see if we're
  328. 44:51actually going to going to get back
  329. 44:53above the 68700
  330. 44:57area to make that attempt to make that
  331. 45:00leg up. But
  332. 45:06we're just
  333. 45:13kind of mean reverting around it right
  334. 45:15now.
  335. 45:17[snorts]
  336. 45:46New York session. Come on.
  337. 46:10Go on vacation. Yeah, I feel like it,
  338. 46:12dude.
  339. 47:24Are the charts the five minute time
  340. 47:25frame? Yes sir. Yes sir. They are.
  341. 47:40So I guess we just have to wait.
  342. 47:45That trade went what, like 40 points in
  343. 47:49profit and then snap back. We're still
  344. 47:51staying below 680,
  345. 48:04but I don't really think
  346. 48:09I don't think it's a good idea to try
  347. 48:10that trade again. [snorts]
  348. 48:15Even if it drops, I probably just have
  349. 48:17to let it go.
  350. 49:04Sir, can you join your team for one
  351. 49:06month?
  352. 49:11What does that mean? I have a You have
  353. 49:14$20 to join my team. I didn't know I had
  354. 49:16a team.
  355. 49:23How about How about
  356. 49:27I'm I'mma cut you a deal. Said here,
  357. 49:29"Keep your 20 bucks
  358. 49:33and join the Discord." That's the team
  359. 49:35right there. Boom.
  360. 49:38You lost all your emails.
  361. 49:41Well,
  362. 49:46looks like it's time to get some more.
  363. 49:52[snorts]
  364. 49:59You lost all your evals and ruined your
  365. 50:02life. Oh, come on. Let's stop being
  366. 50:04dramatic, bro. Come on.
  367. 50:08I feel you're you're probably sitting
  368. 50:10here in some pain right now, but
  369. 50:14let's not be too dramatic.
  370. 50:22If if blowing e said here I don't mean
  371. 50:25to be like
  372. 50:30you know like
  373. 50:34a dick.
  374. 50:36But brother if blowing an eval ruins
  375. 50:39your life like come on dude.
  376. 50:46Like, dude,
  377. 50:50it's not the end of the world, dude.
  378. 50:58Well, I know. I know. Stop being a
  379. 51:00douche. I know. But it's the truth.
  380. 51:02Like, what am what what am I supposed to
  381. 51:04do? Do you think it's a good idea for me
  382. 51:06to sit here and tell them, "Yeah, your
  383. 51:08life is over. You know, your life's
  384. 51:10ruined. You blew an EV out." No, because
  385. 51:13it's not. What is this, a pity party?
  386. 51:17accounts. If you're going to trade prop
  387. 51:18firms and you're learning how to trade,
  388. 51:20accounts are just going to get blown.
  389. 51:23You know, that's just
  390. 51:27part of the game, brother. Welcome.
  391. 51:29Welcome to the game.
  392. 51:32You enjoying your time here? All right.
  393. 51:38So if we do drop lower, I'm watching
  394. 51:40essentially uh
  395. 51:44for us to come down to 530. But
  396. 51:49like 550, 530.
  397. 51:53The only thing though is that we might
  398. 51:54just not get an entry to get down there.
  399. 51:56And the further that we push lower,
  400. 52:02it's just um
  401. 52:14got to just let it go basically.
  402. 52:24Yeah, surf trades. I'm looking at the
  403. 52:25YouTube chat.
  404. 52:28There's like 400 people in there,
  405. 52:33right? If we get a pullback, you know,
  406. 52:35if we get a pullback
  407. 52:58But I have a feeling that we're just
  408. 52:59going to deliver straight down to it and
  409. 53:02not really give a pullback at all.
  410. 53:12Well, surf trades. He must be very
  411. 53:14handsome.
  412. 53:27What's ATS telling me? It's telling me
  413. 53:29we're going lower. What's your chart
  414. 53:31telling you?
  415. 53:34I see a red candle.
  416. 53:46Now, when we started when we started
  417. 53:48accepting below 680, I tried to give it
  418. 53:50a shot. Oh, we just loaded up again. I
  419. 53:52um
  420. 53:55was looking for us to continue, but
  421. 54:00unfortunate
  422. 54:01break even.
  423. 54:15the five minute fair value gap.
  424. 54:52Thrax blocks. Am
  425. 55:03I running lives daily? Yeah, I'm here
  426. 55:05every day. Although sometimes I do go on
  427. 55:07a prop for matches live stream sometimes
  428. 55:10on Fridays.
  429. 55:18Don't you see that bearish SMT at the
  430. 55:21sweep of liquidity based on daily bias?
  431. 55:29Brother, what?
  432. 55:41No, this the the bear scenario is
  433. 55:43playing out, but I just can't chase it.
  434. 55:50We try to get into it, but
  435. 57:07It's
  436. 57:26a trade small on MNQ.
  437. 57:30I mean
  438. 57:37MNQ is fine, dude. You can make money
  439. 57:39trading MNQ.
  440. 57:55Well, it depends how you trade, though.
  441. 57:56So, if if you're scalping, you probably
  442. 57:58want you would probably want to you well
  443. 58:00like micro scalping,
  444. 58:03you'd probably want to use um
  445. 58:06maybe bigger size, but
  446. 58:09realistically like
  447. 58:11for a 50k prof,
  448. 58:15five micros when we're having,
  449. 58:18you know, an ATR on a five minute of
  450. 58:21like 50 to 80 points is Let's
  451. 58:27chill.
  452. 58:58The goal is to trade 50 to 100 minicons.
  453. 59:07Maybe one day. Probably not, though.
  454. 59:15You don't even need a size that heavy to
  455. 59:16make money.
  456. 59:40like let's say with this year's
  457. 59:41volatility, right, for NQ, you have 100
  458. 59:46point moves happening all over the
  459. 59:48place, right? Let's just imagine
  460. 59:51that
  461. 59:53you only use three micros
  462. 59:57on a 50k
  463. 1:00:00and you're catching 100 points every
  464. 1:00:01time
  465. 1:00:03or you're going for 100 points if it
  466. 1:00:05makes sense or more. You know, you can
  467. 1:00:07easily make money doing that.
  468. 1:00:26What's your plan this session? I post it
  469. 1:00:28in the Discord every single day if you
  470. 1:00:29ever want to check it out.
  471. 1:00:52Damn, dude. I want to sit here and trade
  472. 1:00:54this, but I have a meeting in like 30
  473. 1:00:56minutes.
  474. 1:01:17If you guys want to join the Discord,
  475. 1:01:19um,
  476. 1:01:21I'm gonna give an account away today. If
  477. 1:01:23you guys want to join the Discord, you
  478. 1:01:25all you got to do is just go in the
  479. 1:01:26description of this video and it's a
  480. 1:01:30free
  481. 1:01:32so you would just join it.
  482. 1:01:40>> It's free.
  483. 1:01:43And when we do a giveaway, the only
  484. 1:01:44people who can win the giveaway are the
  485. 1:01:46people that are in the Discord. Sorry,
  486. 1:01:48YouTube. It's our YouTube chat.
  487. 1:02:55Man,
  488. 1:02:58August, August, August.
  489. 1:03:04I hope there's some I hope one of you
  490. 1:03:05guys has just been killing it during
  491. 1:03:09August because I sure haven't.
  492. 1:03:12No trade days, break evens,
  493. 1:03:15some losing days.
  494. 1:03:20I hope one I hope some of you guys are
  495. 1:03:21just killing it in this price action.
  496. 1:03:24Props to you if you are.
  497. 1:03:37Yeah. [laughter]
  498. 1:03:55killing it in the demos.
  499. 1:04:04Yeah. You know, you know what's been the
  500. 1:04:06story of my of my August is
  501. 1:04:1050 points in profit, slam back to break
  502. 1:04:12even. 50 points in profit, slam back,
  503. 1:04:15slam back to break even.
  504. 1:05:03How are you guys doing today? You guys
  505. 1:05:05green today? Break even?
  506. 1:05:08He is red.
  507. 1:05:24Red 1k green choppy mega red break even.
  508. 1:05:29No opportunities green today.
  509. 1:05:47NQ NQ NQ.
  510. 1:05:57Oh, I think my uh
  511. 1:06:20Yo, does uh are we back? Are we back now
  512. 1:06:24on Discord? I don't know what happened
  513. 1:06:26there.
  514. 1:06:32All right, cool.
  515. 1:06:39No sound.
  516. 1:06:42You guys can't hear me on Discord.
  517. 1:06:46Oh yeah, 50% off with Funed Futures
  518. 1:06:48Network. We're going to give away one of
  519. 1:06:50their accounts today in the Discord,
  520. 1:06:53brother.
  521. 1:06:59Why?
  522. 1:07:02Why can Discord not hear me?
  523. 1:07:22Let me see if I can fix this.
  524. 1:07:28Can you guys hear me now?
  525. 1:07:35All right, I'm going to take that as a
  526. 1:07:36no.
  527. 1:07:44All right, YouTube.
  528. 1:07:51Okay, let me see.
  529. 1:07:59I got a um
  530. 1:08:11I'm going to um what's it called? I have
  531. 1:08:13a This is still There may be an
  532. 1:08:16opportunity here, but I I gotta do this
  533. 1:08:19giveaway in the Discord and then I got
  534. 1:08:20to dip out. So, um
  535. 1:08:28I will catch you guys tomorrow. We just
  536. 1:08:30hit a break even today. We were looking
  537. 1:08:31for acceptance below 680 to then target
  538. 1:08:34uh around 5:30, but we didn't really get
  539. 1:08:36that follow through. I'm going to um be
  540. 1:08:39on tomorrow. So, I'll see you guys
  541. 1:08:41tomorrow. But if you want to join the
  542. 1:08:43giveaway, I'm going to do it in Discord.
  543. 1:08:44All you got to do is just join the
  544. 1:08:45Discord.
  545. 1:08:51See you later, YouTube. Good luck.

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