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

by Christopher Creamer | Orderflow Trader · 6,065 words · 1,046 segments · language en · Watch on YouTube

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  1. 0:42Good morning. Yeah, I actually I go live
  2. 0:45on Discord
  3. 0:47every single day.
  4. 0:51And you know what? Honestly,
  5. 0:55there may come a time in the future.
  6. 0:58There may come a time in the future
  7. 0:59where
  8. 1:02I slow down on the YouTube streams
  9. 1:06and I stream only on Discord.
  10. 1:15Do I have a a test layout? Can I use
  11. 1:17your layout?
  12. 1:19Well,
  13. 1:21I do have my settings
  14. 1:27which I it's in the [ __ ] for free. Just
  15. 1:31go and you download it.
  16. 1:35Then you can have [music] the same
  17. 1:38chart as me.
  18. 2:24So honestly,
  19. 2:27thanks. I appreciate that. Honestly
  20. 2:29though, today might be cooked. New York
  21. 2:32session this morning might be cooked.
  22. 2:39We just literally pre-market
  23. 2:45took the objective.
  24. 2:51So, after we take, you know what? Let me
  25. 2:54let me wait a little bit before I
  26. 2:57explain this. Before everyone comes in
  27. 2:59here and asks me like, "Ax, what are you
  28. 3:01looking at today? What are you looking
  29. 3:03at today?"
  30. 3:05I I really don't like when we end up
  31. 3:09doing this pre-market
  32. 3:12a lot of the times. I mean, we could
  33. 3:14have a pretty clean session. Like, we
  34. 3:15could take this this low, come in a
  35. 3:18discount at this current leg, and then
  36. 3:19just like make a really nice move, but a
  37. 3:23lot of the times
  38. 3:25after pre-market makes like a really
  39. 3:27nice move, New York session is just a
  40. 3:30big old fart.
  41. 3:33Whoops. at
  42. 3:36least the opening and then maybe PM
  43. 3:38session might do something, but
  44. 3:44yeah, I'm going to be a little
  45. 3:45suspicious about this morning to be
  46. 3:47honest,
  47. 3:52but we'll we'll wait a little bit. We'll
  48. 3:53see what happens. We'll give it some
  49. 3:56time.
  50. 4:00wait for some people to get in here
  51. 4:01because I started it a little early
  52. 4:03today because I was just sitting around
  53. 4:04doing nothing.
  54. 4:12>> Any advice? I kept shorting yesterday
  55. 4:14and blew my account.
  56. 4:18Let's go look at yesterday.
  57. 4:21Okay.
  58. 4:25So, when it comes to
  59. 4:29I used to do this all the time, by the
  60. 4:31way, jammer,
  61. 4:34where like you have you have an idea of
  62. 4:36what you think, right? Maybe maybe what
  63. 4:38you were thinking in your head is, oh,
  64. 4:39price has to go lower or whatever.
  65. 4:44And um
  66. 4:46there's a point there's a point
  67. 4:50where you got to just realize that your
  68. 4:52idea is wrong.
  69. 4:55So if you're ever creating like
  70. 4:58an outlook or some type of like bias,
  71. 5:04it needs to have an invalidation point.
  72. 5:08like you need to know like okay like
  73. 5:11let's say today okay
  74. 5:15I guarantee you okay someone is looking
  75. 5:18at this right now and they're thinking
  76. 5:21to themselves
  77. 5:24oh
  78. 5:26market got market went down so much you
  79. 5:29know like it has to go up it has to go
  80. 5:32up from here there's no way we keep
  81. 5:35dropping it has to go up so then they're
  82. 5:37sitting here in their head right now
  83. 5:38thinking that they're going to be
  84. 5:39looking for longs. Maybe they're waiting
  85. 5:42for us to, you know, maybe someone over
  86. 5:44here is waiting for us to take out these
  87. 5:46lows and then they're going to be
  88. 5:48looking for longs, right? At a certain
  89. 5:50point, if we continue to go down, you
  90. 5:52have to understand that you are probably
  91. 5:54wrong, that we're not going up and that
  92. 5:58we can actually be coming all the way
  93. 5:59down here to external lows from
  94. 6:03the higher time frame range, right?
  95. 6:05trying to make another low after we just
  96. 6:07made a what lower high. So to answer
  97. 6:11your question,
  98. 6:14you have to just have an invalidation
  99. 6:17of whatever your idea is. You don't just
  100. 6:20keep trying to force your idea on the
  101. 6:22market when the market is obviously
  102. 6:24telling you that your idea is not right.
  103. 6:30Otherwise, [music] that's not really a
  104. 6:32bias. You just have an opinion, right?
  105. 6:35Bias is conditional.
  106. 6:38If you think something is going to
  107. 6:40happen, it is conditional.
  108. 6:43You need to treat it that way.
  109. 6:45I used to just like think the market
  110. 6:48should do something and then I just you
  111. 6:50know let's say let's say right now like
  112. 6:53let's say this is two years ago and I'm
  113. 6:55looking at this premarket and I go oh
  114. 6:57you know price can't go down any further
  115. 7:02being an idiot right? Oh, we can't go
  116. 7:04down. We already dropped so much. And I
  117. 7:05keep just keep trying to long it and
  118. 7:07long it and long it on every single
  119. 7:09bullish candle that flips. And then
  120. 7:11you're just thinking this is the low,
  121. 7:12this is the low. And then you lose your
  122. 7:15account.
  123. 7:21So just
  124. 7:25think about where you're wrong.
  125. 7:29Don't try and uh
  126. 7:32don't try and prove yourself right
  127. 7:35through through more attempts at the
  128. 7:37same wrong idea.
  129. 7:44I don't know. I hope that makes sense.
  130. 7:51We're about to take the lows. Okay, so
  131. 7:55we just took lows pre-market.
  132. 7:58So,
  133. 8:02this is a this is a
  134. 8:09this is potentially not a good scenario
  135. 8:11for New York open
  136. 8:17because here's the deal.
  137. 8:21If this didn't happen like this
  138. 8:22pre-market, right, we would have been
  139. 8:25watching put wall. We would have been
  140. 8:27saying if we got below put wall we would
  141. 8:29have been looking for acceptance below
  142. 8:31it s like sustained selling pressure
  143. 8:34would have went to go and try and target
  144. 8:36what here right before we enter into
  145. 8:39discount.
  146. 8:41That's a pretty large move.
  147. 8:44It's 200 points.
  148. 8:47So
  149. 8:49if we add in the rest of this, we've
  150. 8:51dropped almost 400 points directly down
  151. 8:56pre-market. We have taken we have taken
  152. 8:59an internal objective. We are now coming
  153. 9:02into discount immediately
  154. 9:06at the open.
  155. 9:10After a large move like this during
  156. 9:12pre-market that goes and just takes an
  157. 9:15objective that should have been for the
  158. 9:17the opening AM session,
  159. 9:20we could potentially just like
  160. 9:25do some BS during the open.
  161. 9:29Maybe we chop. We're in a negative gamma
  162. 9:31environment. Maybe it's like a really
  163. 9:32nasty volatile whiplash.
  164. 9:36Or the best case scenario
  165. 9:39is we come into here and we have a nice
  166. 9:41move up back towards the pull wall. Or
  167. 9:45we're pushing down, pushing down,
  168. 9:46pushing down. Maybe I didn't see.
  169. 9:56Okay,
  170. 9:59maybe when we come when when New
  171. 10:01[clears throat] York session and all and
  172. 10:03the RTH and the cash cash session comes
  173. 10:05online,
  174. 10:07if there's added participation to the
  175. 10:10downside, then we're just gonna I don't
  176. 10:12know. I'm just today this morning
  177. 10:16I'm really not a fan of this that this
  178. 10:18happened already. This is like what I
  179. 10:20would have been trying to look for.
  180. 10:30So
  181. 10:31I guess we'll see what happens. We got
  182. 10:3310 minutes.
  183. 10:35But I'm telling you, like
  184. 10:40I'd probably say like 70 to 80% of the
  185. 10:43time when we go take a clear objective
  186. 10:47pre-market with a move like this, the
  187. 10:49open does some BS.
  188. 10:59Caught some good moves in Asia and
  189. 11:01London. Very nice. Me too. Actually, I
  190. 11:05um
  191. 11:07I caught this long here during Asia on
  192. 11:10um passed another eval. So, we added
  193. 11:14another account to the army.
  194. 11:19So, that's [clears throat] brand new.
  195. 11:31So yeah, today I'm going to be a little
  196. 11:33careful.
  197. 11:42Also, Dia DS in in the chat right now,
  198. 11:45DS hit me up and said like
  199. 11:48they're going to DS wants to come on
  200. 11:50stream
  201. 11:52and show the trade, show their trades.
  202. 11:57DS wants to come on stream and and trade
  203. 12:00for everybody. Let's
  204. 12:03show you how it's done on the live
  205. 12:05account with tops up.
  206. 12:25Too shy for streaming.
  207. 12:41So, yeah, we'll see. We'll see what
  208. 12:42happens. Today, we're um
  209. 12:45I sent out
  210. 12:48I sent out my daily outlook in the
  211. 12:51Discord.
  212. 12:53What I'm basically looking at.
  213. 12:56Hey yo, who's that? Is that supposed
  214. 13:00What is that?
  215. 13:05Yeah, DS honestly in the beginning live
  216. 13:09streaming my trades uh was
  217. 13:13not chill actually.
  218. 13:21But I got used to it.
  219. 13:27Although, you know, sometimes I still
  220. 13:29find myself getting distracted though,
  221. 13:31which is not good. Like sometimes when
  222. 13:32I'm streaming, people are asking
  223. 13:34questions,
  224. 13:38I like I want to answer questions, but
  225. 13:41then I get distracted sometimes.
  226. 14:00Monte Carlo simulation.
  227. 14:14Is Is that supposed to be a meme, bro?
  228. 14:16Because
  229. 14:19they asked what your This person asked,
  230. 14:21"What's your full strat?
  231. 14:24And dude just goes and names off a bunch
  232. 14:26of indicators.
  233. 14:29[laughter]
  234. 14:34Yo, how do you trade, bro? Heat mat
  235. 14:37volume profile
  236. 14:39higher time frame Fabio indicator VWOP
  237. 14:44premium and discount.
  238. 14:48Yeah, Monte Carlo simulation.
  239. 14:54It's funny.
  240. 15:03Yeah, quants use it.
  241. 15:24Where did it go?
  242. 15:46My main objective this morning, the main
  243. 15:48goal this morning
  244. 15:52is to not get caught in some chop.
  245. 15:56Is to not get caught in some chop.
  246. 16:09The most ideal
  247. 16:11scenario
  248. 16:12at the open is we open up.
  249. 16:16We immediately start pushing lower.
  250. 16:20We watch seller failure.
  251. 16:24Buyers start stepping in aggressively.
  252. 16:26We try and take a long
  253. 16:30back up here.
  254. 16:33That is the most ideal scenario. I do
  255. 16:36not think that that is the most probable
  256. 16:39scenario,
  257. 16:42but I'm going to be looking for it.
  258. 16:49We are in We are deep in negative gamma.
  259. 16:53So,
  260. 16:56might have a pretty volatile open here.
  261. 16:58I got to potentially size down, but
  262. 17:00we'll pay attention.
  263. 17:05Oh, you know what? I just realized
  264. 17:10I don't have the ATR up anymore.
  265. 17:22Oh, yeah, dude. It's right here.
  266. 17:50Dude, I'm starting to see all these
  267. 17:52memes about the people who bought SpaceX
  268. 17:54at the IPO.
  269. 17:56[laughter]
  270. 18:04You want to talk about
  271. 18:06exit liquidity? That's real exit
  272. 18:09liquidity.
  273. 18:14I have a buddy of mine who doesn't trade
  274. 18:18and he was like and he knows that I
  275. 18:19trade, right? So he's like, "Thrax, you
  276. 18:22see SpaceX is going to IPO?" I'm like,
  277. 18:25"Yeah."
  278. 18:26He's like, "Dude, I'm gonna buy a bunch
  279. 18:28of it." I'm like, "You should wait,
  280. 18:29dude.
  281. 18:31I said, 'Wh I said because historically
  282. 18:35all IPOs usually don't have a pretty
  283. 18:38good beginning to it, you know? I mean,
  284. 18:41maybe it has a pump and then but
  285. 18:43typically they'll sell off and then
  286. 18:45they'll kind of bottom out and then do
  287. 18:47their thing.
  288. 18:49And he's like, "Oh, but I believe in the
  289. 18:50company. I believe in the company." I'm
  290. 18:52like, "Okay, that's great, but if you
  291. 18:54believe in the company and you want to
  292. 18:56hold it for a while, wouldn't it be a
  293. 18:58good idea to try and get like a pretty
  294. 19:00good entry on it so you can hold it for
  295. 19:02a long time?" He's like, "No, dude. I'm
  296. 19:05just going to I'm I'm prepared to hold
  297. 19:07it for however long." He ended up buying
  298. 19:09it at the top. So, every once in a
  299. 19:12while, I I just send him SpaceX IPO
  300. 19:14memes. I don't think he appreciates it,
  301. 19:17but I think it's pretty funny.
  302. 19:35All right, let's see what we do here.
  303. 19:38A minute till the open.
  304. 19:45Single stock futures.
  305. 19:49I wonder how that's going to change
  306. 19:51things
  307. 19:53like in terms of
  308. 19:57volume.
  309. 20:04I don't know. It should be interesting.
  310. 20:05I I have to look into it. I'm sure
  311. 20:097:32
  312. 20:11one day men
  313. 20:167:32
  314. 20:18we'll mark it out.
  315. 20:22Whoops.
  316. 20:24Oh, I just know it's there. [cough]
  317. 20:26[clears throat]
  318. 20:42All right.
  319. 21:03Happy birthday to you.
  320. 21:40I'm watching this right now. If we have
  321. 21:42if we fail right here, I think I might
  322. 21:43go long. It's going to [clears throat]
  323. 21:45require a pretty big stop loss, though.
  324. 21:47I'm going to do it.
  325. 21:51I'm going to put the stop at the bottom
  326. 21:54of this.
  327. 21:57So, we're going to be risking
  328. 22:01about $300.
  329. 22:03We're tapping into the discount after
  330. 22:06taking those Asia lows from Monday. I'm
  331. 22:08going to see if we could swing it back
  332. 22:09up.
  333. 22:12[clears throat]
  334. 22:25Once we start getting a stronger push to
  335. 22:27the upside, like if we start pushing up,
  336. 22:30I'm going to move it to break even.
  337. 22:55Once we push to like 750
  338. 22:58because we're still whiplashing around a
  339. 23:00little bit. I don't want to get taken
  340. 23:01out of break even just yet, but I do
  341. 23:02need to protect myself.
  342. 23:05All right,
  343. 23:07we're going to put break even.
  344. 23:11And honestly, I'm going to hold this
  345. 23:13one. Um,
  346. 23:19so
  347. 23:22either we hit break even or we uh hit
  348. 23:24like uh hopefully over 100 points.
  349. 23:29Uhoh.
  350. 23:37Just need to squeeze it higher. Get
  351. 23:39away. Get away from my break even.
  352. 23:54All right. Whatever.
  353. 24:08I'm going to wait. I'm going to wait a
  354. 24:09little bit. But like what I was saying
  355. 24:11at market o pre-market is if we were to
  356. 24:14push down, we see some seller failure,
  357. 24:17we start having buyers start stepping
  358. 24:18in, I might try and take a long, but
  359. 24:23I would prefer this to actually happen
  360. 24:25relatively quickly. I don't really like
  361. 24:26the fact that we're kind of just I mean,
  362. 24:29I'm watching buying aggression here.
  363. 24:30We're probably going to do it, but
  364. 24:35maybe I'm a puss. Maybe I should have
  365. 24:37just kept the stop where it was.
  366. 24:43We'll see how this five minute closes
  367. 24:44though.
  368. 24:54Whoops.
  369. 25:01What up, Ticky?
  370. 25:17Such a puss, dude. I I I should have
  371. 25:19just held that. Honestly, it was pretty
  372. 25:21obvious. There's no reason
  373. 25:24There's no reason to.
  374. 25:30[sighs]
  375. 25:35We fumbled. I fumbled that one.
  376. 26:10H I feel like such an idiot. Whatever.
  377. 26:19If we are going to continue, I'd be
  378. 26:21watching for it to come up to like
  379. 26:26realistically back towards the foot
  380. 26:28wall. But we'll see.
  381. 26:34Oh [ __ ] Because again, I got to be
  382. 26:36careful about um
  383. 26:39[ __ ] I spilled some coffee.
  384. 26:42I got to be careful about us like
  385. 26:44whipping back and forth.
  386. 26:53Coffee on the keyboard.
  387. 26:57Good thing it wasn't on the keys though.
  388. 26:59It's like on the corner of it.
  389. 27:25Bruh.
  390. 27:32Bruh,
  391. 27:34please.
  392. 28:17Where is my entry on this 7:07?
  393. 28:56Good morning. New to the channel.
  394. 28:58Lifetime Tanuki member. Love the Gex
  395. 29:00levels. Working on footprints. That's
  396. 29:02what's up. Welcome, Emerald.
  397. 29:12Well, we had the right idea. I just got
  398. 29:15kind of scared for a second.
  399. 29:19moved to break even after it went it
  400. 29:21went like um
  401. 29:2530 points in profit and then came back
  402. 29:27and hit me at break even and went I kind
  403. 29:29of knew I should have held that honestly
  404. 29:31the uh the stop loss really wasn't that
  405. 29:33big it was about 50 points with three
  406. 29:34micros was using smaller size
  407. 29:38and it was a valid one right I mean we
  408. 29:41it's below seller failure so now we just
  409. 29:44got to wait see if there's anything else
  410. 29:46if there's nothing else and we kind of
  411. 29:48just fumbled the only move of the
  412. 29:49morning, then it's all right.
  413. 29:52I just got to make sure that
  414. 29:55um even though it's like slightly
  415. 29:58frustrating that that just happened,
  416. 30:01deep breaths, you know,
  417. 30:04not the end of the world.
  418. 30:07Do I have a split screen on two
  419. 30:09different time frames?
  420. 30:11Um I have one,
  421. 30:14two,
  422. 30:18I'm watching four time frames right now
  423. 30:23and I have one, two, three, four, five,
  424. 30:26six, seven. I have seven seven different
  425. 30:29charts up.
  426. 30:33Excuse me.
  427. 30:37So,
  428. 30:40at this point, I'm [clears throat] just
  429. 30:42kind of watching to see uh the full
  430. 30:44target for the longs. Like we mentioned
  431. 30:46pre-market, it's going to be back up
  432. 30:48here towards 940.
  433. 30:53Should be a very nice move like 200
  434. 30:55points.
  435. 31:11At least the analysis was right. Just
  436. 31:14got to
  437. 31:18do a better job next time.
  438. 32:13>> [laughter]
  439. 32:19>> Yeah,
  440. 32:23I should just No, I'm not getting FOMO
  441. 32:28Let it go. I I I messed up.
  442. 32:32My My dumbass literally explained what
  443. 32:34exactly what I was looking for right
  444. 32:36before the open
  445. 32:38and it's playing out.
  446. 32:41Actually had pretty good entry.
  447. 33:05I had a feeling that was going to
  448. 33:07happen, too. I was like I was like, "All
  449. 33:09right, I'm gonna wait until it goes up a
  450. 33:11little bit more because I have a feeling
  451. 33:12it's going to whip whip around a little
  452. 33:14bit
  453. 33:15and hit me out of break even before it
  454. 33:17runs." And I dropped the stop loss,
  455. 33:28but it doesn't matter.
  456. 33:31We can't live in the past. Even though
  457. 33:33this is pretty pretty gnarly pump with
  458. 33:35no pullback at all.
  459. 33:42Why stop losses are bad?
  460. 33:47Yeah, we should just stop using stop
  461. 33:49losses.
  462. 33:52Or or you know what we should do
  463. 33:54actually?
  464. 33:56We should just get in right now.
  465. 34:02We should just get in right now at the
  466. 34:03top after it pumped up uh 200 points and
  467. 34:06let's see if we should take a trade. We
  468. 34:09should take a trade that looks like this
  469. 34:17thoughts
  470. 34:19valid.
  471. 34:26You say no, bro. Of course I'm not going
  472. 34:27to do that, dude.
  473. 34:35Don't do it. No, I'm not going to do it.
  474. 34:39That small stop loss needs more.
  475. 34:43Yeah.
  476. 34:46So, as we So, the target for the longs
  477. 34:48would have been 940. As we approach 940,
  478. 34:55pre-market plan says we're going to see
  479. 34:56what happens right here.
  480. 35:00If buyers can actually reclaim
  481. 35:03um current put wall
  482. 35:07and we have acceptance above it and we
  483. 35:08kind of hold above it then we could
  484. 35:10potentially be continuing up into uh
  485. 35:13Asia's range. So
  486. 35:17yeah.
  487. 35:19Yeah, we kind of had this idea for 200
  488. 35:22points and then we got in it with a good
  489. 35:24entry and then
  490. 35:27it doesn't matter. Okay,
  491. 35:30hurts.
  492. 35:33We got to just let it go. Now we're on
  493. 35:35to the next opportunity. We're going to
  494. 35:37uh just try and find an opportunity to
  495. 35:40potentially catch like 50 points. Makes
  496. 35:42sense.
  497. 35:4550 points a day keeps the jo OB away.
  498. 35:49So, we just got to
  499. 35:52catch 50 points.
  500. 35:54I didn't want 200 points anyways.
  501. 35:58be too easy. Trying to make it hard on
  502. 36:00ourselves.
  503. 36:15Also, we have 55 people on the YouTube
  504. 36:17stream. Later this stream, I am going to
  505. 36:19give away an account from Funded Futures
  506. 36:21Network. 50% off, buy one, get one free
  507. 36:24with Krax.
  508. 36:26The only way you can get into the the
  509. 36:27giveaway
  510. 36:30is you have to be in the Discord.
  511. 36:37So,
  512. 36:39if you're like, "Thrax, how do I join
  513. 36:40the Discord?" Well, if you go down in
  514. 36:43the description below,
  515. 36:47you can um
  516. 36:50join the free community
  517. 36:52[snorts] and then I'm going to give away
  518. 36:53a 50K steady account from FFN. Shout out
  519. 36:56FFN. Honestly,
  520. 37:06is it chargeable? What do you mean? It's
  521. 37:08a free account. It's free.
  522. 37:2615-minute opened up. It retraced towards
  523. 37:28a previous 15-minute PC.
  524. 37:32Oops.
  525. 37:40This is 15 minute prior 15-minute PC.
  526. 37:49See if the momentum continues.
  527. 38:28Uh, am I looking for a rejection or
  528. 38:30break can reclaim of the pole wall. I'm
  529. 38:32just I don't know. I'm either of those
  530. 38:37either of those are potential possibil
  531. 38:39possibilities if we get up there. I just
  532. 38:41want to see what happens when we get
  533. 38:42there.
  534. 38:50See this order right here? That was DS.
  535. 38:53DS said she's short. So
  536. 38:58on her live account, that's her right
  537. 38:59here.
  538. 39:01>> [clears throat]
  539. 39:48>> So this is this is kind of interesting.
  540. 39:50So um
  541. 39:53the hourly was going to close if it
  542. 39:56continued up it was going to close
  543. 39:57pretty bullish. It would have been a
  544. 39:58very clear trying to look for longs. But
  545. 40:01if we're going to bring it all the way
  546. 40:02back down, we may actually be
  547. 40:10two scenarios. I would hate for us to
  548. 40:12start whiplashing back and forth in
  549. 40:14here.
  550. 41:19>> [snorts]
  551. 42:32>> If we get below um
  552. 42:36like 28,600, the probabilities of us
  553. 42:40just or like the potential of us just
  554. 42:42like melting today, another 200 points
  555. 42:45probably will increase.
  556. 42:49And we take a continuation lower
  557. 43:41I just got to make sure we're not What
  558. 43:43I'm trying to see right now is uh we're
  559. 43:46about to start creating like this range
  560. 43:51and just whipping back and forth in it.
  561. 46:00Whoops.
  562. 46:03Interesting.
  563. 46:06That's pretty nasty.
  564. 46:22We have the hourly and the 4 hour
  565. 46:23opening
  566. 46:25five minutes.
  567. 46:29I want to see how the hourly is going to
  568. 46:30close.
  569. 46:42When I was in school, I have similar
  570. 46:44face like yours.
  571. 46:47What does that even mean?
  572. 46:54You look like me.
  573. 47:11Are you talking about how I was just
  574. 47:13locked in right now just staring?
  575. 47:29Do I watch anime?
  576. 47:31No.
  577. 47:34No, I don't.
  578. 47:44I really don't even watch TV.
  579. 47:52Okay, so as we're doing this, I'm I'm
  580. 47:56starting to become kind of like, okay,
  581. 47:58here we go. like
  582. 48:00these huge candles just like whipping
  583. 48:04[clears throat] back and forth.
  584. 48:06This is what I'm trying to avoid
  585. 48:10this morning.
  586. 48:14Uh we're currently in negative gamma.
  587. 48:16Michael,
  588. 48:26these candles are about 100 points right
  589. 48:28now
  590. 48:29on the five minute.
  591. 48:35The hourly is not going to be closing
  592. 48:37very bullish though.
  593. 48:48DS, did that hit you at break even or
  594. 48:50are you still holding it?
  595. 48:59ODS isn't in here anymore.
  596. 49:03That would have been pretty nasty.
  597. 49:12thoughts on Deep Charts gamma
  598. 49:14integration. It's pretty cool.
  599. 49:17Um,
  600. 49:18it'll only [clears throat] be for SPX
  601. 49:20though from my understanding for ES.
  602. 49:34That's pretty dope.
  603. 49:38trade. Yes, it's probably pretty good.
  604. 49:45What about short from 900?
  605. 49:53What do you mean, Nicholas? We're like
  606. 49:54200 points away.
  607. 49:57Even same hairstyle. I love that
  608. 49:59hairstyle in school days. Now just tried
  609. 50:02to mature.
  610. 50:06Bro, I'm a grown ass man. What are you
  611. 50:08talking about?
  612. 50:1126 years old, dude.
  613. 50:15[laughter]
  614. 50:20Oh, you're funny,
  615. 50:29dude. Stop. You're distracting me. I got
  616. 50:31to lock I got to lock in.
  617. 50:46All right, so new hourly candle opened
  618. 50:48up. Previous hourly candle did not
  619. 50:51close. Very bullish whatsoever.
  620. 50:54Um it's trying to make me think we may
  621. 50:56start digging lower.
  622. 51:00Digging deeper.
  623. 52:04You need 200, go short. [clears throat]
  624. 52:06If you need 200 bucks, go short with a
  625. 52:10300 point stop loss.
  626. 52:23Looks like it wants to go lower. I just
  627. 52:25don't want to get caught in this like
  628. 52:27whiplash.
  629. 53:39What up Qriket Highlights?
  630. 53:51Get off for the market to move. Yeah.
  631. 53:55Happens every time.
  632. 55:44priority number one is just to not get
  633. 55:46caught in this shop.
  634. 55:50But
  635. 55:53I'm watching right now.
  636. 56:00Previous 15-minute P
  637. 56:04We're going to hold below it or not.
  638. 56:37Damn eco guy. Hopefully uh hopefully
  639. 56:43hopefully you're joking
  640. 56:48if we if we in this chop here in the
  641. 56:51middle of the chop, right? We're seeing
  642. 56:53Whoops.
  643. 56:55blew your house.
  644. 56:57We see this buying aggression fail, I
  645. 56:59may actually try and take a short and
  646. 57:00just target the lows, just like local
  647. 57:03lows here,
  648. 57:05just for like 60 points.
  649. 57:09[clears throat] But if we're going to
  650. 57:10kind of push back past it, then we're
  651. 57:12just kind of chopping and uh we'll just
  652. 57:14wait.
  653. 57:16But we have a lot of aggressive buying
  654. 57:19activity right here. So we want to see
  655. 57:21if we are going to continue it or not.
  656. 58:23Our
  657. 58:39day could have been so easy, dude. We
  658. 58:41could have just held those longs at the
  659. 58:42open, not been a little [ __ ] and just
  660. 58:48I'm going to go short right here.
  661. 58:53And I am going to just target uh the
  662. 58:56lows.
  663. 59:01Stop loss is going to be above buyer
  664. 59:04failure.
  665. 59:06The moment we start pushing back into
  666. 59:08this area, I will move it to break even.
  667. 59:17So we got to be careful about us
  668. 59:19chopping around.
  669. 59:36Okay, we're up 50 points. Moving stop to
  670. 59:39break even.
  671. 59:41We're going for 100 points here.
  672. 59:52I'm going to trail the stop loss.
  673. 59:55I'm looking for us to just run it out
  674. 59:57right now.
  675. 1:00:03We have the We have a five minute
  676. 1:00:05opening up like in a second. So, not in
  677. 1:00:08a second, but 20 seconds.
  678. 1:00:12All right, we will take it. We will take
  679. 1:00:15it. We're chopping. I got to lock in
  680. 1:00:17some profits. We have a winning day. So,
  681. 1:00:19we'll keep it for that for now. We're
  682. 1:00:21going to wait a second because this may
  683. 1:00:23still continue lower.
  684. 1:00:28[clears throat] So, what is that?
  685. 1:00:35So, we're up 1300 on our funded accounts
  686. 1:00:37right now.
  687. 1:00:42NQ, you're not going to get me not gonna
  688. 1:00:43get me on a break even that time.
  689. 1:00:48Although I think it still might drop
  690. 1:00:50down. So we got we got to wait,
  691. 1:01:14but we're chopping. So,
  692. 1:01:16at least we have a winning day. This
  693. 1:01:19account is at a $3,000 balance.
  694. 1:01:24I have how many winning days? One, two,
  695. 1:01:30three. This be the fourth winning day.
  696. 1:01:35Let's see if we can build the balance up
  697. 1:01:36on it a little bit. But I got to be
  698. 1:01:38careful about the chop.
  699. 1:01:41I'm trying to I need to get it hopefully
  700. 1:01:43to like a
  701. 1:01:44$4,000 balance,
  702. 1:01:47but
  703. 1:01:53we will see.
  704. 1:01:56So, so far we're up about like 200 bucks
  705. 1:01:59across like six funded accounts. Haven't
  706. 1:02:02traded the other four funded accounts
  707. 1:02:03right now, but
  708. 1:02:11[snorts] we could just lock in the
  709. 1:02:12winning day on these accounts, move to
  710. 1:02:14the next accounts. But I'm going to
  711. 1:02:19see if I can catch one more trade on
  712. 1:02:20these accounts if something actually
  713. 1:02:21happens. Otherwise, if we keep chopping
  714. 1:02:23here, then um we'll just take the small
  715. 1:02:26winning day.
  716. 1:02:30We fumbled the longs at the open, but we
  717. 1:02:32were watching this area. I said if we
  718. 1:02:34had buyer failure here, I was going to
  719. 1:02:36go short. A lot of aggression at the
  720. 1:02:38highs, the extreme of the candle.
  721. 1:02:40Started dropping down. I was watching
  722. 1:02:42delta.
  723. 1:02:44We started pushing down pretty
  724. 1:02:45aggressively. So, I went short, tried to
  725. 1:02:47target the lows for 100 points.
  726. 1:02:51Didn't want to continue.
  727. 1:02:56And I and the reason why I moved it to
  728. 1:02:58break even like that is this. Like we're
  729. 1:03:00chopping. Okay, we're chopping at the
  730. 1:03:03open. We had a lot of selling aggression
  731. 1:03:05in this area and it did not get any type
  732. 1:03:09of follow through. So, this is kind of
  733. 1:03:11like a danger danger zone. You know, if
  734. 1:03:15we push past it, we're good, but we got
  735. 1:03:17to push past it. So, when we started
  736. 1:03:19pushing past it, then we had the next
  737. 1:03:20fivem minutee opening. I just was like,
  738. 1:03:22"All right,
  739. 1:03:24we've we've played these games before.
  740. 1:03:25or we've been here, you know, like
  741. 1:03:28just keep hitting break evens. I think
  742. 1:03:30we did that on Monday when we were
  743. 1:03:31chopping around. I kept going for like a
  744. 1:03:34break out of the chop. It kept going
  745. 1:03:35like 50 points in the profit and then
  746. 1:03:38slamming back to my break even.
  747. 1:03:41So,
  748. 1:03:43AR Vids took the same trade. Well, grape
  749. 1:03:45vines think alike.
  750. 1:03:59I love the fact that you can see candle
  751. 1:04:01context.
  752. 1:04:03You signed up for Sunday's workshop.
  753. 1:04:06Yeah. Doing a webinar for you guys
  754. 1:04:11on Sunday.
  755. 1:04:14Are we going to come out of there with
  756. 1:04:16an understanding of what tools,
  757. 1:04:17platforms we need to have? Yeah, I'll
  758. 1:04:20talk about it. Talk about footprint
  759. 1:04:27honestly, you know, like
  760. 1:04:30after I mean I've been trading with
  761. 1:04:32footprint and orderflow now for a couple
  762. 1:04:35years.
  763. 1:04:36Um,
  764. 1:04:41yeah, this D discord doesn't have that
  765. 1:04:43long of a delay. YouTube has a pretty
  766. 1:04:44long delay. I've been uh trading with
  767. 1:04:46these charts and footprint and order
  768. 1:04:48flow for like two years
  769. 1:04:50and the way that my that I can just like
  770. 1:04:55I just can't imagine not using it
  771. 1:04:57anymore
  772. 1:05:08because the best thing that it does
  773. 1:05:10honestly looking at order flow is it
  774. 1:05:12helps me just filter out like just BS
  775. 1:05:16It's not necessarily about finding more
  776. 1:05:17setups. It's just about filtering out
  777. 1:05:20trash.
  778. 1:05:35Uh Shaheen,
  779. 1:05:39my uh big trades indicator has a
  780. 1:05:44It's set to a minimum volume of 300. You
  781. 1:05:47got to see what yours is set to.
  782. 1:06:04What' I say though, dude? I I I swear
  783. 1:06:07like 80% of the time,
  784. 1:06:1070 to 80% of the time when we have such
  785. 1:06:13a large move pre-market that go that
  786. 1:06:16actually takes an objective.
  787. 1:06:18New York open a lot of the times will
  788. 1:06:20just be on some BS.
  789. 1:06:23It's like the worst thing to see in the
  790. 1:06:24morning. Huge pre-market move. There's a
  791. 1:06:27difference between having like a London
  792. 1:06:28move and then just like a like a hour
  793. 1:06:31before open move.
  794. 1:06:33suck.
  795. 1:06:37It just makes me super suspicious about
  796. 1:06:40just BS.
  797. 1:06:50Yeah, we we might get a pretty good move
  798. 1:06:52uh during the PM session
  799. 1:06:58or may maybe even, you know, sooner than
  800. 1:07:00that. But right now, it's
  801. 1:07:04doing this weird uh
  802. 1:07:09compression
  803. 1:07:12to to the bottom here.
  804. 1:07:23Oh, wait, wait.
  805. 1:07:26Tory trades.
  806. 1:07:35Wait, what what what those traders do?
  807. 1:07:37Do we make a triangle?
  808. 1:07:39Break out.
  809. 1:07:41What is this? A flat is this a flag? I
  810. 1:07:45don't know. I don't know. This is this a
  811. 1:07:48flag,
  812. 1:07:54dude. Honestly, if you drew a trend line
  813. 1:07:56here, you you would have killed it.
  814. 1:08:00could have caught uh what is this?
  815. 1:08:0475 points
  816. 1:08:07then another 50 points. You would have
  817. 1:08:08been up like 120 points.
  818. 1:08:14Hell yeah. Yeah. What are we doing?
  819. 1:08:17We're making it so complicated. We just
  820. 1:08:19got to draw lines, dude. What are we
  821. 1:08:20doing?
  822. 1:08:24You know what? That's it.
  823. 1:08:28Take my mo. Take my money, Tori. That's
  824. 1:08:30it. Buying that master class right after
  825. 1:08:34this.
  826. 1:08:38Are GEX levels the best to look for
  827. 1:08:39entries? No. No sir.
  828. 1:08:44No sir.
  829. 1:08:47Do I go live at power hour? No sir. I do
  830. 1:08:51not trade the PM session.
  831. 1:08:54What time do you shut it down?
  832. 1:08:57Uh, typically
  833. 1:09:00usually within the first hour and a half
  834. 1:09:03of market open. I usually only trade the
  835. 1:09:04first hour to hour and a half market
  836. 1:09:06open.
  837. 1:09:11Sometimes I trade Asia. Like last night
  838. 1:09:12I was trading Asia. I took a long to
  839. 1:09:14pass an eval uh down here up into uh to
  840. 1:09:19fill the gap.
  841. 1:09:24Oh yeah,
  842. 1:09:26we're gonna uh we got to give away an
  843. 1:09:29account
  844. 1:09:31from the best prop firm in the world,
  845. 1:09:32Funed Futures Network. 50% off. Buy one
  846. 1:09:34get one free. Use code Thrax.
  847. 1:09:39Walking billboard, dude. No, for real
  848. 1:09:41though, shout out Funed Futures Network
  849. 1:09:43because they sponsored our community.
  850. 1:09:46They love us so much and they're like,
  851. 1:09:47"Thrax, you're just so handsome. we're
  852. 1:09:50just going to give you like 20 accounts
  853. 1:09:52and then you can just give them away to
  854. 1:09:54your community because we love them and
  855. 1:09:56we think they're super cool. And I was
  856. 1:09:58like, wow, that's amazing.
  857. 1:10:02The only way they're going to keep doing
  858. 1:10:03that for us, just by the way, uns
  859. 1:10:06skippable ads. Yeah. [laughter]
  860. 1:10:08The only way they're going to keep doing
  861. 1:10:09that for us is you guys if you guys
  862. 1:10:11actually just use my code. So,
  863. 1:10:14you know, let's let's try and make it
  864. 1:10:16not a oneoff thing. And I mean, they
  865. 1:10:18have good accounts, dude. 50K steady
  866. 1:10:20accounts,
  867. 1:10:22buy one get one free, no activation fee,
  868. 1:10:27two-day pass.
  869. 1:10:29Come on.
  870. 1:10:47Wait, hold on. Did that trend line just
  871. 1:10:48hit again? Damn.
  872. 1:10:54Damn,
  873. 1:10:56the unstoppable trend line.
  874. 1:11:01Now, right before I get off, I'll do uh
  875. 1:11:03I'll do the uh giveaway.
  876. 1:11:06I'm just seeing if we're going to make a
  877. 1:11:09move out of here.
  878. 1:11:11We're We're like coiling up right now.
  879. 1:11:13So maybe we uh
  880. 1:11:20overtrading is the death of you.
  881. 1:11:27Okay. Well,
  882. 1:11:35like if you find yourself just in a
  883. 1:11:38trance trying to trade this, just like
  884. 1:11:41take a step back. Look at this.
  885. 1:11:45Let's use Let's use our thinking.
  886. 1:11:49Does this look good?
  887. 1:11:52What would you guys rather trade? Would
  888. 1:11:54you rather trade something like this?
  889. 1:11:59Or should we should we should we throw
  890. 1:12:01our money on the table for this?
  891. 1:12:07I don't know about you,
  892. 1:12:10but I think I'm going to keep my money
  893. 1:12:11in my pocket when we're doing this
  894. 1:12:16and we'll just wait.
  895. 1:12:34It's building low res. Mom's whole soul.
  896. 1:12:40It busts up within 30 minutes.
  897. 1:12:47Okay.
  898. 1:12:50Would be nice if we do. We at least get
  899. 1:12:53out of here.
  900. 1:12:59Steve Morrow, is that the order flows
  901. 1:13:01guy?
  902. 1:13:09The trend line is breaking.
  903. 1:13:20Uh what concept should a beginner learn
  904. 1:13:23to start?
  905. 1:13:25Honestly,
  906. 1:13:27for technical analysis, if you want to
  907. 1:13:30start, the easiest place to start is
  908. 1:13:33just understanding market structure.
  909. 1:13:39And then after you understand market
  910. 1:13:41structure,
  911. 1:13:42you should look into auction market
  912. 1:13:44theory.
  913. 1:13:46Is this a break and retest of the trend
  914. 1:13:48line?
  915. 1:13:55Is this the entry for the longs? What
  916. 1:13:58would to
  917. 1:14:01WW
  918. 1:14:02TTD? What would Tory trades do?
  919. 1:14:23AMT can't be real. ICT coded the
  920. 1:14:26algorithm.
  921. 1:14:28You know what? I coded the algorithm.
  922. 1:14:30How about that?
  923. 1:14:32I coded the algorithm.
  924. 1:14:51I coded the algorithm. The market makers
  925. 1:14:54came to me while I was sleeping. They
  926. 1:14:55told me, "I can't tell you guys this
  927. 1:14:56information."
  928. 1:15:00They tried to shut me up. They tried to
  929. 1:15:03keep me quiet.
  930. 1:15:05They didn't want me giving out the
  931. 1:15:06secret sauce.
  932. 1:15:16Dude, this is pretty gross what it's
  933. 1:15:19happening right now. I'm going to give
  934. 1:15:21it like probably 15 minutes. I want to
  935. 1:15:24see what this next 15 minute does. Um
  936. 1:15:26hopefully we can move out of here.
  937. 1:15:29But if we kind of just like do some BS,
  938. 1:15:37probably just um
  939. 1:15:40take our small winning day
  940. 1:15:45and then I'll get off stream and then
  941. 1:15:47hit a banger.
  942. 1:15:49[laughter]
  943. 1:15:51I'll probably take probably take our
  944. 1:15:53small winning day, give an account away,
  945. 1:15:58and then I got to go do some other
  946. 1:15:59stuff.
  947. 1:16:04There is some poor soul out here right
  948. 1:16:06now trying to trade a break out of this,
  949. 1:16:09pulling his hair out.
  950. 1:16:13I hope when I just said that right now,
  951. 1:16:15no one in here went, "Oh my gosh, he's
  952. 1:16:16talking about me. Oh my gosh.
  953. 1:16:22Chances are though, you know, we got
  954. 1:16:24basically 90 people watching.
  955. 1:16:28If we're there's probably somebody who's
  956. 1:16:31doing it right now. If that's you,
  957. 1:16:33chill.
  958. 1:16:36[laughter]
  959. 1:16:39No, that poor soul is Jake.
  960. 1:16:43It's just bound to be, you know, one out
  961. 1:16:45of a hundred. You know, if if there's 94
  962. 1:16:47people watching, there's there's bound
  963. 1:16:49to be one person just getting absolutely
  964. 1:16:51destroyed in this right now.
  965. 1:17:05Yeah, this would have definitely killed
  966. 1:17:07a couple accounts for me like three
  967. 1:17:09years ago.
  968. 1:17:13Oh, mouse. So dope. You blew your
  969. 1:17:15account in this.
  970. 1:17:36All right. Up 940 on the other. Very
  971. 1:17:39nice.
  972. 1:17:49No, I know I know I make fun of make fun
  973. 1:17:51of stuff, but I I care a lot about uh
  974. 1:17:54market structure, you know? So, like in
  975. 1:17:57market structure, higher highs and
  976. 1:17:58higher lows, you're potentially creating
  977. 1:18:00like a trend line. You know what I mean?
  978. 1:18:02It's a trend. We're trending somewhere.
  979. 1:18:04So, even though I mess around and stuff,
  980. 1:18:06it's
  981. 1:18:09I I really don't I really
  982. 1:18:11[clears throat] don't hate on any uh
  983. 1:18:14anything
  984. 1:18:18unless unless you're using astrology
  985. 1:18:23and uh
  986. 1:18:29and some some random BS.
  987. 1:18:34Moon phases, moon cycle.
  988. 1:18:45I saw some post where someone was like,
  989. 1:18:48"Moon cycle, moon cycles are real. Every
  990. 1:18:51time there's a full moon, the market
  991. 1:18:54makes a move."
  992. 1:18:56It's like, okay, well, usually that's
  993. 1:18:58like the beginning of the month, which
  994. 1:19:00also has like in the first week of the
  995. 1:19:03month when there's a full moon. Guess
  996. 1:19:06what's also happening when there's a
  997. 1:19:08full moon a lot of times? Data releases.
  998. 1:19:12Data releases.
  999. 1:19:14Wow.
  1000. 1:19:16The first week of a month, what do we
  1001. 1:19:19typically have? Jolts in what? NFP.
  1002. 1:19:25But no, no, no, no.
  1003. 1:19:28Who cares about the data? The moon is a
  1004. 1:19:33full circle.
  1005. 1:19:41Data is a conspiracy theory. Data is
  1006. 1:19:43fake. It's just fake. They just try and
  1007. 1:19:46confuse us. They're all out to get us.
  1008. 1:19:52They're out to get the retail prop
  1009. 1:19:53trader.
  1010. 1:19:57All right. Honestly, this is BS. I'm not
  1011. 1:20:00trading this anymore. I'm not going to
  1012. 1:20:02trade this.
  1013. 1:20:04So,
  1014. 1:20:08let's do a giveaway.
  1015. 1:20:15If you are in the YouTube,
  1016. 1:20:18I'm about to end the YouTube stream.
  1017. 1:20:22If you are in the YouTube, go join the
  1018. 1:20:25Discord. Click the link in the
  1019. 1:20:27description below.
  1020. 1:20:29Claim your free access to our free
  1021. 1:20:31community, the best free community in
  1022. 1:20:33the world, and join the live because I'm
  1023. 1:20:37going to stop it on YouTube. I'm going
  1024. 1:20:39to keep it going on Discord. We're going
  1025. 1:20:42to give away a free account compliments
  1026. 1:20:45of FFN.
  1027. 1:20:49All right, I will uh [clears throat] I
  1028. 1:20:52will wait five minutes, but I'm going to
  1029. 1:20:54end the YouTube stream now. So, YouTube
  1030. 1:20:59is good. We had a decent amount of
  1031. 1:21:00people in here today. I think we got up
  1032. 1:21:01to like 60s something people. That's
  1033. 1:21:03what's up. You guys should be in the
  1034. 1:21:05Discord because honestly, if you're
  1035. 1:21:07watching me trade and you're if you're
  1036. 1:21:09one of those guys who's just like
  1037. 1:21:10looking to try and copy my trades, you
  1038. 1:21:13shouldn't be doing that. But if you are,
  1039. 1:21:15just be smart about it. at least do it
  1040. 1:21:17in the Discord because you're going to
  1041. 1:21:19have less of a delay.
  1042. 1:21:238 seconds may not seem like a lot of
  1043. 1:21:24time, but it really is.
  1044. 1:21:27All right. Well, YouTube, I will catch
  1045. 1:21:29you later. Discord, I'mma stay on.
  1046. 1:21:33Goodbye YouTube.

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