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

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1. 0:20Dude, we're just chopping right now.
2. 0:40So, we took a payout on our account last
3. 0:42night.
4. 0:44Now, we're down to a uh
5. 0:47$2,400 balance.
6. 1:21What up, Rocky?
7. 1:29Honestly, today
8. 1:33what I'm thinking is like
9. 1:37Well, right now we're compressing really
10. 1:39hard pre-market, which is kind of weird.
11. 1:48We basically consolidated overnight.
12. 1:51And
13. 1:52we're kind of at like this key decision
14. 1:54point, which is
15. 1:57for me, it's right around 25,000.
16. 2:01So,
17. 2:04if we get if we begin to push up off the
18. 2:06open,
19. 2:08I basically am waiting just for the open
20. 2:10to determine
21. 2:12how I'm feeling about today cuz
22. 2:17I would prefer us to go down
23. 2:20and make another leg lower.
24. 2:26But, if we begin to push up, I'm
25. 2:30the moment we start accepting above
26. 2:32here, it's off the table.
27. 2:35Yeah, I'm kind of feeling the same way
28. 2:38where we could just be
29. 2:42expanding this consolidation today like
30. 2:45in terms of sessions, if we have
31. 2:47Asia high and Asia low, right?
32. 2:50And then we had London take out both
33. 2:52sides of it. I really wouldn't be
34. 2:54surprised if
35. 2:56here we go to take out the
36. 2:58London highs,
37. 2:59maybe expand, and then expand both ways,
38. 3:02and then just
39. 3:07just [ __ ] around, basically.
40. 3:09So, today I'm actually going to be kind
41. 3:10of passive.
42. 3:14Although, I am trying to take a Here,
43. 3:17let me show you guys something.
44. 3:21I'm our I'm in a trade right now.
45. 3:25I'm in shorts on my Alpha account.
46. 3:30We've been edging my stop loss over and
47. 3:32over.
48. 3:33I'll probably get stopped out of this,
49. 3:35but I just wanted to try it
50. 3:39pre-market.
51. 3:44My stop's been sitting like right here
52. 3:46this whole time, and we keep coming up
53. 3:47like right to it.
54. 3:52It's probably going to hit. I'm risking
55. 3:54like 225
56. 3:57or 230 bucks. It's probably going to
57. 4:00It's probably going to hit it, honestly.
58. 4:02Unless we just get like a strong push
59. 4:04down at this 5-minute open, but
60. 4:08I have a feeling it's going to shoot up.
61. 4:12But, I'm already in it, so I can't just
62. 4:14get out of it, but I've been in this
63. 4:15trade for like, I don't know, 20
64. 4:17minutes.
65. 4:22It keeps coming up like right to my
66. 4:25stop loss, and then
67. 4:29edging it.
68. 4:35But, it actually wasn't a where Yeah,
69. 4:37there it goes. We were just
70. 4:38consolidating like a really tight
71. 4:41compression
72. 4:46pre-market. I probably should have just
73. 4:48left it alone.
74. 4:52So, we'll just leave that account alone
75. 4:53for now. This is the funded account with
76. 4:55Alpha.
77. 5:58This is this is A toss right here, but
78. 6:00the one that I was that was just on my
79. 6:01screen was deep charts.
80. 6:18Yeah, if
81. 6:20So, if you're on like if you're on Alpha
82. 6:22futures,
83. 6:24you can select the platform.
84. 6:27And the platform that I use is uh
85. 6:30for Alpha futures is this one. So, this
86. 6:33is
87. 6:36deep charts.
88. 6:50Uh watch this.
89. 6:52Watch this [ __ ] [ __ ] go and swipe my
90. 6:55stop and then drop.
91. 7:13So, I want to see what the
92. 7:15I'm trying to see what the opening print
93. 7:16does.
94. 7:20I would like to see us
95. 7:22It would be a It would honestly be a
96. 7:24cleaner move if we went down, but
97. 7:31the market will do what the market will
98. 7:33do.
99. 8:31Yeah, I mean, the only reason why
100. 8:36It's also like like also what I'm
101. 8:37thinking is this, right? It's like
102. 8:41if we do
103. 8:43if we were to make a move down, there
104. 8:46would be a better opportunity
105. 8:49to take a
106. 8:51like a bigger and better trade
107. 8:53that I think would
108. 8:55actually have momentum and continue.
109. 8:57I think if we push up,
110. 9:00there's a chance that yeah, we can come
111. 9:02up here, but it it I don't think it's
112. 9:04going to be just like a
113. 9:07I mean, it may it might, but
114. 9:10I have a feeling it's going to be kind
115. 9:11of
116. 9:12messy.
117. 9:16I think it would be faster and cleaner
118. 9:18to the downside, and then if we move to
119. 9:19the upside, it might be like little
120. 9:23labored, I guess.
121. 9:28But, we'll see off the open.
122. 9:37Ultimately, though, as we push up, if we
123. 9:39continue, then the targets are going to
124. 9:41be
125. 9:44here and then here.
126. 10:13>> I'm watching this area right now.
127. 11:58So, I'm going to wait for this
128. 12:005-minute candle to close.
129. 12:02If we're going to go lower, I would like
130. 12:04it to close past this right here.
131. 12:43The only problem though is like the
132. 12:44further that this goes down right now,
133. 12:48the bigger
134. 12:52the bigger the stop's going to have to
135. 12:54be.
136. 14:01So, even if we were to get in
137. 14:03here, it would be like a 68-point stop.
138. 14:09It's [ __ ] nasty.
139. 14:21Brutal.
140. 14:38So, this
141. 14:40is telling me this is making me more
142. 14:42inclined to try and go short, but I just
143. 14:44I don't have an entry right now.
144. 14:48This box area right here, well, this
145. 14:50this is just where the imbalance was of
146. 14:52strong
147. 14:53aggressive buying, so
148. 14:56if we were going to
149. 14:58come down, I wanted to see us
150. 15:01Are you talking about this one?
151. 15:04I wanted to see us basically
152. 15:11push past it in this candle and close
153. 15:13below it.
154. 15:15Otherwise, if we were going higher, we
155. 15:16would have I would have probably seen
156. 15:18this come back into this area or not and
157. 15:20just push higher.
158. 15:25The only problem though is that I can't
159. 15:26really get an entry.
160. 15:30Order filled.
161. 15:31>> I'm going to enter into two micros.
162. 15:41I'm going to enter into two micros.
163. 15:44Just to test it, but
164. 15:50if this snaps like, dude, it's a [ __ ]
165. 15:52huge stop.
166. 15:57It's honestly pretty nasty.
167. 16:07And then I'm going to try and target
168. 16:08like 920.
169. 16:11And it's so it's so it's funny because
170. 16:15it's basically a one-to-one.
171. 16:18Just with
172. 16:21a huge-ass [ __ ] stop loss.
173. 17:13If we do pop all the way back up on the
174. 17:16same on this 5-minute candle, if we pop
175. 17:18all the way back up and hit me out,
176. 17:21we're going to have to wait because
177. 17:24we would start trading a pretty nasty um
178. 17:2880-point
179. 17:31like whiplash, basically.
180. 18:05Yeah, it's a much better much better
181. 18:07entry than mine.
182. 18:15But, that's why that's why I only went
183. 18:17like two micros on it.
184. 18:33I will say though what I'm noticing
185. 18:35right now is that
186. 18:37we are kind of having lower volume so
187. 18:40far off the open.
188. 21:10>> Uh born it's kind of a slow open.
189. 21:24What does GEX 3 mean?
190. 21:27Are you looking at Mentor Q?
191. 21:31I don't know what they
192. 21:33consider their GEX 3.
193. 21:35Probably the third biggest
194. 21:38if I had to take a guess, third biggest
195. 21:39absolute GEX low.
196. 21:50I don't use Mentor Q, so I wouldn't
197. 21:51really know.
198. 22:07I use QQQ.
199. 22:12For a regular trading hours, I use QQQ.
200. 22:21ES
201. 22:48Dude, thank god I went
202. 22:50two micros on this one. Sheesh.
203. 22:58Look [laughter] at Look at the entry
204. 22:59that I got, too.
205. 23:01Impressive.
206. 23:03Impressive.
207. 23:06All right, I'm just going to wait,
208. 23:07though. If we if we like begin to
209. 23:12basically
210. 23:13hold above this area, I'm going to be
211. 23:18real careful about trying to take any
212. 23:20type of shorts.
213. 23:23Dude, what a massive stop, too. 332
214. 23:26ticks.
215. 23:28And I bottom ticked it.
216. 23:32Sheesh.
217. 23:41So, right now we are currently down on
218. 23:43both of the funded accounts. We're down
219. 23:45on this one from a pre-market short.
220. 23:48We're down on [snorts] this one.
221. 23:50We're going to just wait. Right now, we
222. 23:52have
223. 23:55pretty low volume for an open.
224. 23:59And if we
225. 24:03begin to hold above this area, then
226. 24:06uh I'd actually be expecting us to be in
227. 24:08a push higher rather than come down.
228. 24:18But
229. 24:24I'm also trying to see if we're just
230. 24:26going to get pinned right here in the
231. 24:27beginning, like
232. 24:30move around right here.
233. 25:36Why not ES? I don't know. I just don't
234. 25:38trade it.
235. 25:46I just trade Nasdaq and gold.
236. 25:49And sometimes silver if I'm being
237. 25:52degenerate.
238. 25:55It's not that I've never traded ES
239. 25:56before.
240. 25:58I just like NQ.
241. 26:27What is gold doing?
242. 26:29It's pumping.
243. 26:53Uh 142.
244. 27:23Why not just
245. 27:30Why not just like 150 or something?
246. 27:41Yeah, this is a This is a pretty good
247. 27:43sign of to sit on my hands right now.
248. 27:45This is kind of
249. 27:47This is kind of gross.
250. 27:52Okay, that makes more sense. 142 to 161.
251. 27:55Yeah, I'm looking If we do push up, the
252. 27:57first area I'm looking for us to go is
253. 27:59like 150, 160.
254. 28:15But honestly, like
255. 28:17if you look right now, we have pretty
256. 28:19low volume for an open.
257. 28:23And we're just kind of like
258. 28:25compressing it. We went from a
259. 28:27a really tight compression pre-market
260. 28:30to
261. 28:32a bigger compression.
262. 28:36And we're kind of just like
263. 28:38in terms of of the gamma stuff, we're
264. 28:40like just
265. 28:46kind of rocking back and forth between
266. 28:49the gamma flip level right now.
267. 28:57So, if conditions are going to be like
268. 28:59kind of
269. 29:00[ __ ] I'm I might just I might just
270. 29:05go full Portnoy though
271. 29:07instead of trading my funded accounts.
272. 29:16And I'll just take the
273. 29:17$300 L on this one and then the $200 L
274. 29:20on Alpha and then come back when price
275. 29:22action's a little better.
276. 31:03>> Only order flow traders are OG.
277. 31:06>> [laughter]
278. 31:08>> Dude, come on and queue. Why are you
279. 31:10going to
280. 31:13stop me out like that?
281. 31:23See like here's the thing, right? Look,
282. 31:25I want would like to see us go lower. I
283. 31:27think there would be a cleaner move if
284. 31:29we go lower, but we we tried the first
285. 31:32time Well, look where where we've been
286. 31:33getting stuck.
287. 31:37So,
288. 31:40I'm definitely not going to make the
289. 31:41same mistake twice. Like
290. 31:44the first trade I entered short right
291. 31:46here after we came down.
292. 31:48Stopped out.
293. 31:50Right.
294. 31:51Waiting
295. 31:53would have not have been a bad idea, but
296. 31:58I'm definitely not going to go short
297. 32:01right here.
298. 32:04Because
299. 32:05because if I lose on the exact same
300. 32:08trade twice at the exact same spot and
301. 32:10bottom ticket twice,
302. 32:13it'd be disappointing.
303. 32:20I'm probably just going to wait to see
304. 32:22how this uh
305. 32:25this hourly candle is going to close.
306. 32:28And if we close bearish
307. 32:32below
308. 32:33this area
309. 32:36and we can actually get past this area,
310. 32:39then shorts will be back on the table
311. 32:42for me. But until then, as long as we're
312. 32:44kind of like
313. 32:46in this area, I think I'm going to just
314. 32:48let it
315. 32:51let it do its thing.
316. 32:53I hope it goes down.
317. 32:58Cuz I think the move was it would be
318. 33:01better than this one
319. 33:02to the upside.
320. 35:12Uh should we trade CPI tomorrow?
321. 35:18Short this time?
322. 35:20Go short this time?
323. 35:25If I if I had more funded accounts and I
324. 35:27didn't have just
325. 35:30Rule Follower. Did he change his name to
326. 35:32Rule Follower?
327. 35:34Hell yeah.
328. 35:36I don't know. I was kind of a fan of
329. 35:38Rocket Junior.
330. 35:41I thought that was pretty funny. Yeah.
331. 35:55Probably going to snap down right now.
332. 36:41>> [snorts]
333. 36:44>> Man, if we snap all the way back up
334. 36:46right now, it's going to be so gross.
335. 36:54I really hope that doesn't happen. If we
336. 36:56if we snap back up into this area,
337. 37:00I'm actually just going to stop for the
338. 37:02morning.
339. 37:10Yo, that's a crazy username.
340. 37:53I need to get that balance up on that
341. 37:55alpha account so I could pull a payout.
342. 38:05I need two more winning days, but I need
343. 38:07to build the balance to like
344. 38:10I don't know, like 3,000 preferably.
345. 38:14I think that would be their max payout
346. 38:16for that like the payout cap for that
347. 38:1950K.
348. 38:201,500?
349. 38:22I got to look into it later. I forget.
350. 38:49Yeah, me too, Rocket. I just I'm waiting
351. 38:51for this 4-hour open and I just don't
352. 38:53want us to
353. 38:55what I what I'm waiting to see and
354. 38:58making sure that we don't do right now
355. 39:00is like basically snap back up into
356. 39:02here.
357. 39:04Cuz if we do that, I'm just going to
358. 39:06I'm going to go
359. 39:08make some breakfast, dude.
360. 39:11There's no point in me trading this if
361. 39:12it's going to do that. I would like to
362. 39:14see it just continue down, pick up some
363. 39:16speed, start moving.
364. 39:20Especially at the 4-hour open.
365. 39:23That would be ideal scenario.
366. 39:28But if it's not going to happen, then,
367. 39:29you know,
368. 39:31we'll just
369. 39:32come back tomorrow. I think what I am
370. 39:34going to do though, since I pulled a
371. 39:35payout last night, I think I'm going to
372. 39:36buy some evals. I'm going to go do some
373. 39:39research.
374. 39:41Find the best one-day pass, maybe some
375. 39:43alpha accounts.
376. 39:46And I might just full port CPI to try
377. 39:47and pass some accounts.
378. 39:55I think that may be the move for
379. 39:57tomorrow.
380. 39:58I'm not going to trade it on my funded
381. 40:00though cuz I only have two of them.
382. 40:03We're funded poor right now.
383. 40:24So the hourly couldn't close This is
384. 40:26what I'm thinking right now. The hourly
385. 40:28couldn't close below this so I I'm
386. 40:31just waiting.
387. 40:38We're looking like this right now.
388. 40:43This is gross.
389. 42:08Do you have any of you guys
390. 42:10taken any trades yet?
391. 42:13Or are we all just sitting here watching
392. 42:14this?
393. 42:19If you took a short up here, you're
394. 42:20[ __ ] Chad, bro.
395. 42:25Or if you longed it.
396. 42:28It's just kind of messy.
397. 42:33>> [laughter]
398. 42:35>> Waiting for me to trade so you can copy
399. 42:37me?
400. 42:38Oh, dude.
401. 42:42See Look, you see that at the bottom of
402. 42:44the screen that's scrolling right now?
403. 42:45It says
404. 42:48educational only.
405. 42:51It's not financial.
406. 42:54It's not financial advice.
407. 42:58No, there's a pretty good chance I
408. 42:59actually
409. 43:01I actually don't trade anymore today.
410. 43:08At least funded accounts.
411. 43:18Cuz if we're going to do this right now,
412. 43:19like the 4-hour just opened and we
413. 43:21haven't gone anywhere.
414. 43:23Volume is actually
415. 43:26uh tapering off even more.
416. 43:32There's really just not a lot of
417. 43:35participation right now.
418. 43:45Right.
419. 43:46>> [laughter]
420. 43:53>> Yo, how do I pronounce your name, bro?
421. 43:55Is it Xenos? X E N O S? Xenos?
422. 44:00Or
423. 44:03is it a different way?
424. 44:11Well, [ __ ] dude. Tell me how.
425. 44:14Don't just hit me with no.
426. 44:20What up, Cheesy?
427. 44:46You know what usually happens on days
428. 44:47like this though is I'll I'll literally
429. 44:49sit here and be like
430. 44:51I'll be like, if we pop back up here,
431. 44:54I'm done trading and then I'll actually
432. 44:56go stop trading.
433. 44:59I'll be like, later, guys.
434. 45:01If you're going to trade, be careful.
435. 45:04And then I'll like turn off the stream
436. 45:05and [ __ ] and I I [ __ ] you not, like the
437. 45:07moment I turn off the stream, we're just
438. 45:09going to go boom and start dropping hard
439. 45:12or pumping hard or like
440. 45:14actually make a move.
441. 45:16But I can't.
442. 45:21Okay, I'm right, Xenos.
443. 45:23I can't just like
444. 45:26can't sit here all day, dude.
445. 45:37Sick. That really helps out.
446. 45:40>> [laughter]
447. 45:42>> Oh.
448. 45:43No uh duh.
449. 46:11I'm going to try this one more time.
450. 46:13I'm going to try it one more time.
451. 46:16And I'm going to put my stop
452. 46:21right above this wick.
453. 46:24Like literally just right above it.
454. 46:26So if we lose this trade, we'll be down
455. 46:28500 and I'm going to aim for 926.
456. 46:39We just need to get past this area.
457. 46:50Where's my entry at? Right here.
458. 46:52All right.
459. 46:54So we're going to risk like 80 ticks.
460. 47:00Cuz if this pops back up, you know what?
461. 47:02I'm just going to stop trading anyways,
462. 47:03so I might as well just give this one a
463. 47:05shot.
464. 47:09It's just this area right here
465. 47:12is giving me anxiety. I will feel much
466. 47:15better about this trade if we can
467. 47:17actually get past this.
468. 47:24Otherwise, like I'm watching this POC
469. 47:26right here
470. 47:27on this candle.
471. 47:29What I don't want us to do is tap into
472. 47:31it like right now and then slam back up.
473. 47:37Cuz if it does that, then NQ can just go
474. 47:40[ __ ] itself and then we'll go do
475. 47:42something else.
476. 48:24Oh, my bad, Mike.
477. 48:27My bad.
478. 48:31Yeah, sometimes
479. 48:33sometimes I just
480. 48:38I just be talking crazy.
481. 48:41Like that. Like you see this? We came
482. 48:43down, came into the POC. If we come back
483. 48:47up
484. 48:48NQ
485. 49:13Yeah, I know.
486. 49:15That's why I've been sitting here.
487. 49:18I just want I just want to test it out,
488. 49:20bro.
489. 49:21I just want to take it.
490. 49:24Cuz my thought process right now is
491. 49:27if this comes back up here
492. 49:30I'm done trading anyways.
493. 49:33So if this candle comes up here, we
494. 49:35stall out and we start dropping back
495. 49:37down. Well,
496. 49:39I'm going to I'm going to just try it.
497. 49:42It's not like I'm risking a lot.
498. 49:45Risking 200 bucks.
499. 49:53Once we hit 25,000 though, if we take
500. 49:55out those orders, I am going to move it
501. 49:57to break even.
502. 50:09Actually, you know what?
503. 50:11I'm going to move it to break even right
504. 50:13now.
505. 50:21We'll take 12 bucks.
506. 50:24Then I'm going to move to a 15-minute
507. 50:26time frame, so it doesn't look so
508. 50:27disgusting.
509. 50:55But but But what about this fair value
510. 50:57gap?
511. 51:02Fair value gap.
512. 51:18I know. That's why I moved it to That's
513. 51:20why I moved it to break even, Rocket.
514. 51:25It's looking real suspicious to me.
515. 51:33Yeah, if that happens, I don't even want
516. 51:35to trade anymore today.
517. 51:38So.
518. 51:52Uh.
519. 51:53Ew.
520. 51:56The fair value gap strikes again.
521. 51:59That's it, dude.
522. 52:02I'm only trading fair value gaps from
523. 52:04now on.
524. 52:06Order filled. Boo.
525. 52:10How far in profit did we go? We went
526. 52:12probably like 30 points.
527. 52:17Boo.
528. 52:24Well,
529. 52:26I think that's my sign to head out.
530. 52:29We'll take our L on the day.
531. 52:44All right, so recap. Try We We wanted I
532. 52:46wanted to see price go lower today.
533. 52:51I would prefer price to go lower.
534. 52:54But um
535. 52:57pre-market
536. 53:00So, pre-market on my Alpha account, the
537. 53:03one that's down It's a funded account.
538. 53:05It's down 241 today.
539. 53:08Uh once we popped up here, and we
540. 53:10dropped back down, I went short
541. 53:13basically like
542. 53:15right around this area, and then my stop
543. 53:17was sitting like
544. 53:19as we pushed down, my stop was sitting
545. 53:21right above
546. 53:23this area. I think I went short like
547. 53:24somewhere right here.
548. 53:27Stop was up here. It hit me out. We got
549. 53:29caught in some like compression
550. 53:31pre-market. So, then I switched over to
551. 53:33my
552. 53:35funded account. Tried to go short right
553. 53:37here. Bottom ticked it.
554. 53:39It came down, and then yeah, we're done
555. 53:42for the day.
556. 53:44Hold on. Let me go yell at this dog real
557. 53:46quick. Give me a second.
558. 54:16My bad. I'm dog sitting right now.
559. 54:20Going to [ __ ] go take that little
560. 54:22[ __ ] for a walk.
561. 54:26[ __ ] likes to bark at
562. 54:27everything, dude. So [ __ ] annoying.
563. 54:31All right, anyways.
564. 54:34I'll catch you guys next time.
565. 54:36I'm going to just stop for the day.
566. 54:40Peace.