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

by Christopher Creamer | Orderflow Trader · 4,849 words · 898 segments · language en · Watch on YouTube

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  1. 0:50All right, what's the deal?
  2. 1:10So, we have
  3. 1:12So, last night I passed
  4. 1:16a Lucid account.
  5. 1:19So, we have an Alpha Futures account
  6. 1:22that's funded,
  7. 1:24Lucid account that's funded,
  8. 1:26and then this
  9. 1:28Express account.
  10. 1:31I need
  11. 1:34I don't know if I'm going to trade this
  12. 1:36Express account today. Maybe, maybe not,
  13. 1:40but it is technically
  14. 1:43one day away now from a payout,
  15. 1:47which I kind of need to get, so
  16. 1:50I'm trying not to mess it up.
  17. 1:56I'm trying not to [ __ ] it up.
  18. 2:00We might just focus on the Lucid or
  19. 2:03the Alpha Futures account.
  20. 2:19This one. Yesterday I made some profits
  21. 2:21on it, actually.
  22. 2:26So, it's the second day on this one.
  23. 2:32And I was in uh I was in the shorts
  24. 2:36just a second ago
  25. 2:38from up here.
  26. 2:41But, then I was like adding into my
  27. 2:42position as it was going down. I was
  28. 2:44trying to target 200, which it ended up
  29. 2:46hitting, but
  30. 2:48um
  31. 2:50I started with like two micros, and then
  32. 2:52I added, added, added, added, and then
  33. 2:54it came back up,
  34. 2:57and then it hit out my break even at my
  35. 2:59average entry before it dropped down, so
  36. 3:01that's why I'm up.
  37. 3:02That's why I'm up 28 bucks on it.
  38. 3:09Uh Bookmap, cuz I don't need Bookmap. I
  39. 3:11used to use Bookmap, but
  40. 3:14I mean, I have a heat map here if I need
  41. 3:16it.
  42. 3:18I used to use Bookmap for a while,
  43. 3:20actually.
  44. 3:25But, it's like for one, their footprint
  45. 3:27charts suck ass, but that's not the
  46. 3:29purpose of Bookmap's platform.
  47. 3:33It's really just for heat maps.
  48. 3:36And their heat map
  49. 3:38is really good. They have a really good
  50. 3:40heat map, honestly.
  51. 3:42It's probably the best one.
  52. 3:45But,
  53. 3:49if if I can have a platform like ATAS
  54. 3:53that basically
  55. 3:58has a heat map, has footprint, I can
  56. 4:00actually execute on it easily,
  57. 4:03I can copy trade on it, I can you know,
  58. 4:05what's the point of paying for Bookmap
  59. 4:07at that point?
  60. 4:15At the end of the day, what are you
  61. 4:16using Bookmap for? You're using it to
  62. 4:17look where passive
  63. 4:19resting orders are sitting, right? Well,
  64. 4:21I can see it, too.
  65. 4:23Same data.
  66. 5:05Dude, I wonder if some crazy stuff is
  67. 5:07going to get said today during the the
  68. 5:11open.
  69. 5:34It's a lot going on right now with that
  70. 5:38Trump stuff, war stuff.
  71. 6:30I think I'm actually going to connect
  72. 6:33my Lucid to ATAS right now.
  73. 7:20What up, wavy?
  74. 7:41So, just so you guys know what I'm
  75. 7:43looking at today
  76. 7:44is we did range basically all day
  77. 7:46yesterday.
  78. 7:48And
  79. 7:50um
  80. 7:53I would
  81. 7:55like to see us go lower, but
  82. 7:59at least
  83. 8:01towards this area down here,
  84. 8:04closer to 24,000.
  85. 8:07But, if we start to push up here off the
  86. 8:08open and we start pushing above
  87. 8:12like
  88. 8:1424,000
  89. 8:17380 area, and we start having a lot of
  90. 8:20if we have sustained buying pressure up
  91. 8:22there,
  92. 8:24I'm not going to look for shorts.
  93. 8:27But,
  94. 8:29I am slightly leaning towards a bearish
  95. 8:32bias this morning, but
  96. 8:34you know, it changes
  97. 8:37it changes as the morning progresses,
  98. 8:39but we're just going to see.
  99. 8:41It's kind of uh
  100. 8:44it's kind of not as clear, though, this
  101. 8:45morning because we're in this range. We
  102. 8:47can really go
  103. 8:49we can really go either way.
  104. 8:54Because we already also took out Asia
  105. 8:55lows, too, so
  106. 8:59and London lows, so
  107. 9:01we could just pop back up now.
  108. 9:03But, we're just going to wait and see.
  109. 9:07Uh Mentor Q and Tanuki, so all of those
  110. 9:12all of those
  111. 9:14um
  112. 9:15the gamma exposure tools,
  113. 9:18they're pulling the same data, and then
  114. 9:20they're just like calculating it
  115. 9:21differently, but for the most part,
  116. 9:23they'll have
  117. 9:25the same levels.
  118. 9:27They're just maybe like
  119. 9:31at least all the important levels, like
  120. 9:34call walls, put walls, gamma flips,
  121. 9:38those are all going to be the same, cuz
  122. 9:39they're pretty obvious. But, in terms of
  123. 9:40like the
  124. 9:42gex one, gex two, gex three, or whatever
  125. 9:44Mentor
  126. 9:46Q calls them,
  127. 9:48they may be like slightly different, but
  128. 9:49they're pretty much
  129. 9:51the same thing.
  130. 10:17>> [snorts]
  131. 10:17>> Actually, I think I'm going to start the
  132. 10:20morning
  133. 10:22with my deep chart, with my alpha
  134. 10:24account.
  135. 10:26Actually, no, cuz that has a consistency
  136. 10:28rule on it, so we're not going to just
  137. 10:30in case
  138. 10:32just in case something happens.
  139. 10:36Focus on this. We're going to use small
  140. 10:37size though, cuz I need to
  141. 10:41try and leave today a winning day on
  142. 10:44this account.
  143. 10:48Or actually
  144. 10:51we'll be watching with the Lucy account.
  145. 10:53Yep.
  146. 10:55Let's do that.
  147. 11:13>> [snorts]
  148. 11:54>> The goal is though
  149. 11:57is I need to get a payout on this
  150. 12:00express account this week, and then
  151. 12:03I'll have like two grand to play with.
  152. 12:07And then I'm going to try and get up to
  153. 12:08like five or six funded accounts next
  154. 12:10week
  155. 12:11using the profits.
  156. 12:13And then we'll just focus on that for
  157. 12:15the first uh
  158. 12:17we'll focus on that first and then try
  159. 12:19and
  160. 12:22get some balances on them.
  161. 12:28But I can't [ __ ] I can't [ __ ] up this
  162. 12:30payout.
  163. 12:34Cuz I haven't gotten a payout yet this
  164. 12:36this month.
  165. 12:38So I need this one at the very minimum.
  166. 13:06>> [snorts]
  167. 13:44>> So we're just going to wait for the
  168. 13:46market to [snorts] open here in like a
  169. 13:47minute.
  170. 13:49Let me make sure we don't have any news
  171. 13:50today. Hold on.
  172. 14:01No.
  173. 14:02I'm just reading this right now. Says
  174. 14:05I'm reading the financial juice.
  175. 14:07If US attacks Iran's power plants, the
  176. 14:10entire region in Saudi Arabia will fall
  177. 14:12into complete darkness.
  178. 14:26[ __ ] crazy.
  179. 14:39Asia had a huge range last night.
  180. 14:43200 points basically.
  181. 14:52No, Meatman. It would be I'm looking at
  182. 14:55QQQ
  183. 14:56gamma levels
  184. 14:58because I'm trading NQ. All right, here
  185. 15:00we go.
  186. 15:02>> [snorts]
  187. 15:07>> So why would So then why would you use
  188. 15:08SPX? And uh why would you why would you
  189. 15:11mix them?
  190. 15:12You know what I mean? If you're going to
  191. 15:14trade ES, then use SPX, but
  192. 15:18if you're going to trade
  193. 15:20NQ, use QQQ.
  194. 15:51Uh I mean, you can trade ES, yeah.
  195. 15:53I don't trade ES just because
  196. 15:58I like the chaos of NQ.
  197. 16:01But honestly, if you're learning how to
  198. 16:03trade ES, it's probably easier.
  199. 16:06How big is this? Hold on.
  200. 16:09250 ticks.
  201. 16:31I want to see us go lower, but I also
  202. 16:33don't want to chase it right here.
  203. 16:36It would have been a better idea to try
  204. 16:38and get in on the wick, but it was
  205. 16:40moving pretty fast.
  206. 16:44I just don't want us to I don't want to
  207. 16:46try and get into some shorts and then we
  208. 16:48end up snapping back, but
  209. 16:53might have to just wait for
  210. 16:565 minutes to close and see what it does.
  211. 17:07Yeah, the
  212. 17:08I mean, I use I use the gamma with my
  213. 17:12trading, but I don't use it just for
  214. 17:14like
  215. 17:16levels
  216. 17:18really.
  217. 17:19It's more of like a
  218. 17:21regime filter.
  219. 17:24It's a top layer context
  220. 17:27for me. I don't I don't like look at a
  221. 17:28gamma level and then just like blindly
  222. 17:30try and take a bounce off of it because
  223. 17:32it's really not how you should be using
  224. 17:33it anyways.
  225. 17:37I mean, it could work, but
  226. 17:40I wouldn't recommend you do that.
  227. 18:15All right, so I'm going to wait for this
  228. 18:165-minute candle to close. If it's pretty
  229. 18:18bearish, we may attempt to
  230. 18:21I may attempt
  231. 18:23some shorts if something shows up.
  232. 18:29But there's a chance I'll get stopped
  233. 18:31out of it because
  234. 18:33I mean, I'mma be real. For a normal
  235. 18:35stop, I'm not putting a 100 100 point
  236. 18:37stop.
  237. 18:39So I'm going to try and [ __ ]
  238. 18:40get away with a tight stop.
  239. 18:44Which increases the the chances of you
  240. 18:47just like getting stopped out for no
  241. 18:49reason and still being right, but
  242. 18:53it's fine.
  243. 19:29But honestly, the way that this 5-minute
  244. 19:31looks like it's going to close, I'm
  245. 19:32probably just going to wait. I have a
  246. 19:33feeling that
  247. 19:35um
  248. 19:38we might just like
  249. 19:42snap around for a second, so
  250. 19:47at this point like every NQ open, I'm
  251. 19:49just I'm just assuming that we're just
  252. 19:51going to
  253. 19:52like whiplash back and forth.
  254. 19:56I'm trying not to get caught in it.
  255. 21:14Hmm.
  256. 22:03Yeah, I think I'm just going to wait for
  257. 22:06a second.
  258. 22:12Dude, every morning, like look at these
  259. 22:14moves.
  260. 22:16Oh my gosh.
  261. 22:17Look at these moves that happen in the
  262. 22:19overnight.
  263. 22:21In pre-market, too, right?
  264. 22:30What up, Joseph?
  265. 22:32And we just get left with like [ __ ]
  266. 22:40There was a lot of volume on this
  267. 22:42candle, though, on the opening print.
  268. 22:43There's 63,000 contracts.
  269. 23:04This is a
  270. 23:05a big trade.
  271. 23:08Yeah, dude, Asia session has been taking
  272. 23:10all the best moves. That was a nice drop
  273. 23:12yesterday.
  274. 23:16But I'm just like
  275. 23:17dude,
  276. 23:18I want to trade Asia, and then when I
  277. 23:20go, I sit there and I look at Asia,
  278. 23:23and it like doesn't do anything, and
  279. 23:24then I'm like I get hungry, so I go try
  280. 23:28and eat something, and then while I'm
  281. 23:29eating something, I come back to the
  282. 23:31chart, and then boom,
  283. 23:32500 tick move. I'm like, bro,
  284. 23:37it's hiding from me.
  285. 23:45I'm going to test out some shorts right
  286. 23:47here with just with three micros.
  287. 23:51I'm just going to put a stop at the top
  288. 23:53of this candle,
  289. 23:55and I'm going to add in another three
  290. 23:57micros if we start flipping bearish.
  291. 24:16But at the moment it tags me in on these
  292. 24:18other contracts, I'm going to just
  293. 24:20immediately
  294. 24:21have to move them to break even, because
  295. 24:24I don't want to
  296. 24:26have it snap back on me.
  297. 24:29Order filled.
  298. 24:32I'd like to see it just begin to drop,
  299. 24:37and at least take these lows, cuz then
  300. 24:39I'll start trailing it for like a $200
  301. 24:41win.
  302. 24:47But if it's going to snap back, then
  303. 24:49we'll just wait, but
  304. 24:51I would like it to like
  305. 24:54once we start moving lower past this
  306. 24:56area,
  307. 24:57I would like it to happen with like some
  308. 24:58speed, otherwise I don't really
  309. 25:02care for it.
  310. 25:33All right, whatever.
  311. 25:37Whatever.
  312. 25:51It's probably still going to go. I just
  313. 25:52don't want to
  314. 25:54get
  315. 25:55chopped up.
  316. 26:05Yo, meat man, I'mma be real, bro. I
  317. 26:07can't read that right now.
  318. 26:12I'll read it in a bit.
  319. 26:47Uh the minimum volume, well, I'm using
  320. 26:48MNQ. I'm not looking at NQ, so
  321. 26:53it's like uh 250 or something like that.
  322. 26:58250 on MNQ.
  323. 28:10All right, let me Well, I'm going to
  324. 28:12wait, so I'll read what you said.
  325. 28:35Yeah, the only thing I would say is like
  326. 28:37don't
  327. 28:38mix
  328. 28:40the idea of context with location,
  329. 28:44because you just described using gamma
  330. 28:47as levels of key areas, ref- and you're
  331. 28:50referring to it in the sense of
  332. 28:51location, but then you're talking about
  333. 28:53gamma for context.
  334. 28:56So,
  335. 29:01I mean, it's not a bad idea necessarily
  336. 29:03to Hold on.
  337. 29:11Order filled.
  338. 29:12>> I'm going to try it one more time. I'm
  339. 29:13going to see if we can actually break
  340. 29:14down.
  341. 29:20But yeah, I mean, like you can look at
  342. 29:21gamma levels as long as you understand
  343. 29:23which gamma levels are actually
  344. 29:24important and what they what they mean,
  345. 29:27and you're reading the rest of the
  346. 29:29context with gamma, and you're not just
  347. 29:32like
  348. 29:33looking at a big gamma node.
  349. 29:36I'm just going to go for these lows.
  350. 29:50>> We have the 15-minute that's about to
  351. 29:51open those, so it may pop back up.
  352. 30:27I'm out again if this flips lower.
  353. 30:29But I'm uh
  354. 30:31See, like the thing is is like I need it
  355. 30:33to just go and just start running and
  356. 30:36not
  357. 30:38snap around.
  358. 30:39Otherwise, I'm just going to take
  359. 30:40break-evens, but
  360. 30:44it's fine. Like I'll take a break-even
  361. 30:46if we're not going to run, but come on.
  362. 30:48I just
  363. 30:49go.
  364. 30:57Order filled.
  365. 30:57>> You know what I mean? Like we're just
  366. 30:58like [ __ ] around.
  367. 31:06We're just taking shots. We're just
  368. 31:07taking shots and we're seeing if one of
  369. 31:09them is going to just run.
  370. 31:17Although technically
  371. 31:21technically like
  372. 31:23yes, we did get in on the first entry up
  373. 31:25here, but I'm trying to add into like I
  374. 31:28want us to have some momentum, and so
  375. 31:31I'm trying to add into uh
  376. 31:36the winners hoping that we're going to
  377. 31:38keep momentum and actually push down,
  378. 31:40but we keep uh
  379. 31:43It's actually my fault because
  380. 31:49I'm kind of like
  381. 31:52managing the ads kind of sloppy, but
  382. 31:58whatever.
  383. 32:00Cuz yeah, we could have technically like
  384. 32:02I think we got in somewhere right here.
  385. 32:06Oh [ __ ] you can't see it. I think we
  386. 32:07got in somewhere right here.
  387. 32:10We could have just held three micros for
  388. 32:12400 ticks, but
  389. 32:15I'm trying to have like a
  390. 32:17I'm just getting kind of greedy,
  391. 32:19honestly.
  392. 32:21The idea was right though, but
  393. 32:25It's a It's all right. We're already up
  394. 32:27on the account. I'm more
  395. 32:31because I need this winning day for this
  396. 32:32payout, I'm more concerned about like
  397. 32:39not losing money on it, but that's kind
  398. 32:41of a stupid way to think about it, to be
  399. 32:42honest.
  400. 32:48I basically
  401. 32:50I basically had a good entry, and then
  402. 32:52we paper We didn't lose, but we
  403. 32:54basically just paper cut it ourselves
  404. 32:56out of this, so.
  405. 33:10What I can do
  406. 33:19We can go on our deep charts
  407. 33:29with the alpha account.
  408. 33:48I'm going to try and go for 88, so.
  409. 34:0824,088.
  410. 34:19Around here.
  411. 34:27Honestly though, psh. That was kind of a
  412. 34:29dumb entry. Good thing we took it on
  413. 34:30this alpha account.
  414. 34:35Uh I basically fumbled the shorts, and
  415. 34:39then I chased it on the way down like a
  416. 34:42[ __ ] scrub.
  417. 34:56Yeah, positive or negative environment,
  418. 34:59mhm.
  419. 35:00And then
  420. 35:02yeah.
  421. 35:09The moment this takes the bottom of this
  422. 35:115-minute, I'm going to probably have to
  423. 35:13move it to break-even.
  424. 35:34We got a kind of a shitty ass entry.
  425. 35:38And we're getting [ __ ] absorbed.
  426. 35:43No, I'm going to get out of this [ __ ]
  427. 35:44dude. [ __ ] this [ __ ] This This was a
  428. 35:46stupid trade.
  429. 36:12Saved ourselves.
  430. 36:14That was a I should have never taken
  431. 36:15that trade, honestly.
  432. 36:21We got to take a breather for a second.
  433. 36:22That was a stupid decision.
  434. 36:31Very nice, Jaderan.
  435. 36:34Is that on your account that you need
  436. 36:35the payout on? If it is, you just lock
  437. 36:37out.
  438. 36:45All right, fire. Good stuff.
  439. 36:48>> [snorts]
  440. 36:50>> Uh yeah, I manually move it to
  441. 36:52break-even. Sometimes if I'm using ATAS
  442. 36:54though, I'll use a break-even offset,
  443. 36:56like an automatic trigger for a
  444. 36:58break-even.
  445. 37:00Um but it just depends.
  446. 37:08Uh I'm using Alpha Futures and Fidus.
  447. 37:16I have this like
  448. 37:1925K static Fidus eval.
  449. 37:22This is a funded though.
  450. 37:24With Alpha.
  451. 37:31You know what? I think it's probably a
  452. 37:33good idea.
  453. 37:36The fact The fact that I took that trade
  454. 37:38down there like
  455. 37:41like a stupid [ __ ]
  456. 37:43I think I'm just going to
  457. 37:46I got to save myself with that funded
  458. 37:49account.
  459. 37:50We're We're I just locked out of it. I'm
  460. 37:52not going to trade it today. I just got
  461. 37:53to lock in the
  462. 37:54the winning day, and then tomorrow we'll
  463. 37:56try and
  464. 37:57um
  465. 37:59we'll try and focus on this Alpha.
  466. 38:02Uh ATAS honestly is better than deep
  467. 38:04charts, to be completely honest with
  468. 38:06you, but they're I mean
  469. 38:09deep charts is cool.
  470. 38:11And they're going to continue working on
  471. 38:14their platform, so you never know. I
  472. 38:16mean
  473. 38:17I know they're adding
  474. 38:19What do they call it? Deep Deep Flow or
  475. 38:22something? Deep uh
  476. 38:24I don't know, some [ __ ]
  477. 38:27They're adding something to it. So, and
  478. 38:29plus also I'm using the throttled
  479. 38:31version of it, just so you know, so.
  480. 38:34It's not like the full version of it.
  481. 38:38But it's cool.
  482. 38:41But honestly, in terms of like order
  483. 38:43flow
  484. 38:45if you really want to use the best order
  485. 38:47flow platforms
  486. 38:49the top ones in my opinion are either
  487. 38:52ATAS or Sierra Charts.
  488. 38:54But Sierra Charts is just like
  489. 38:57the UI kind of sucks.
  490. 39:07MotiveWave well, I don't really use it.
  491. 39:11I don't think I've ever used it. I've
  492. 39:13used EdgeProX, I've used Sierra Charts
  493. 39:18and ATAS.
  494. 39:20And deep charts, I guess.
  495. 39:23But not really.
  496. 39:25I mean, technically I'm using it right
  497. 39:26now, but
  498. 39:34Yeah, Sierra Charts has like a So,
  499. 39:36Sierra Charts is one of the most
  500. 39:38customizable and
  501. 39:41it has a huge learning curve to it, but
  502. 39:44it's a really
  503. 39:46powerful platform. It's honestly like
  504. 39:49gold standard
  505. 39:51of order flow platforms. They just like
  506. 39:55have such a dog [ __ ] like user
  507. 39:57interface.
  508. 39:59Honestly.
  509. 40:01Oh, MotiveWave is Edge Pro.
  510. 40:04Well, then yes, I have used MotiveWave
  511. 40:06before. I used Edge Pro.
  512. 40:10So.
  513. 40:12Edge Pro's chill. That's where I first
  514. 40:13learned how to actually
  515. 40:16That's where I first ever looked at my
  516. 40:19first ever footprint chart.
  517. 40:22Edge Pro X.
  518. 40:25They're cool. It's just not as
  519. 40:26customizable, so I don't think it's as
  520. 40:28good.
  521. 40:30It's more of like a
  522. 40:33like a hybrid.
  523. 41:03I was honestly expecting us to have a
  524. 41:04faster move to the downside, but we're
  525. 41:06kind of just like
  526. 41:36Just like messing around right here.
  527. 41:40My trigger looking at a footprint chart.
  528. 41:44Well,
  529. 41:47There's lot There's a lot of stuff.
  530. 41:48Well, I guess the the trigger is effort
  531. 41:51versus result. That's the trigger. Oh,
  532. 41:53here we go.
  533. 41:58Is this going to just chop right here?
  534. 43:28We have a lot of orders sitting right
  535. 43:30here.
  536. 44:01It's just [ __ ] huge though.
  537. 44:37Trying to see if we're going to push
  538. 44:38right here, take out take these orders
  539. 44:39out.
  540. 44:42Like that.
  541. 44:44And then we're going to see if we can
  542. 44:45continue down to
  543. 44:47uh 24,088,
  544. 44:49but now that we took these orders, we do
  545. 44:51need to just continue right here.
  546. 44:53Otherwise, I don't want to see us like
  547. 44:56just be on some [ __ ]
  548. 45:00I would like to see us just drop.
  549. 45:06Actually, I'm going to move this up.
  550. 45:10Up here.
  551. 45:12Now, I'll move it back once cuz I didn't
  552. 45:14know the new 5-minute candle was right
  553. 45:15here. All right, there we go. Now, we
  554. 45:17can move it to break even.
  555. 45:19Cuz at this point we should just go.
  556. 45:22Or [ __ ] this trade if we're not going to
  557. 45:24go.
  558. 45:56What up, Cheezy?
  559. 46:25Bro, are we going to get edged right
  560. 46:27now?
  561. 46:40Dude, [ __ ] that.
  562. 46:53All right, cool. So, we made our money
  563. 46:55on this account. Let's switch over to
  564. 46:59um
  565. 47:01the Lucid account.
  566. 47:07So,
  567. 47:09it's kind of funny though cuz
  568. 47:13we
  569. 47:16technically
  570. 47:18our first entry on shorts was up here.
  571. 47:22And then the target was 288.
  572. 47:25So, we could have just kept our three
  573. 47:27micros
  574. 47:30and
  575. 47:32basically gotten like 150 points
  576. 47:36on this account on the on this one.
  577. 47:39But, I kind of just like
  578. 47:44was trying to add into it. I thought it
  579. 47:46was going to move faster.
  580. 47:48It kind of took us a while to take this
  581. 47:50out.
  582. 47:51And it just
  583. 47:53caused me to like
  584. 47:56fumble the trade idea.
  585. 48:01But, it's all right. We made We made 500
  586. 48:03on or 492 on
  587. 48:07the Alpha account. So, now the balance
  588. 48:10on the Alpha account is
  589. 48:1351,159
  590. 48:16second day in.
  591. 48:17We'll just leave it there.
  592. 48:21And then let's try and
  593. 48:23trade the Lucid account.
  594. 48:50So, right now, just so you guys know
  595. 48:51what I'm looking at.
  596. 48:55I'm watching this.
  597. 48:57The full target for the day where at the
  598. 49:00If we come down here and we hit this, I
  599. 49:01have to stop because this was my entire
  600. 49:03plan for the morning. I literally wanted
  601. 49:05to see us come lower off the open. I
  602. 49:09wanted to see us take
  603. 49:102488 and then full target is 23981. If
  604. 49:14we come down here,
  605. 49:17I'm done. But,
  606. 49:20if I can if we get past this area
  607. 49:25and we actually continue,
  608. 49:29I'll see if I can just catch a
  609. 49:30continuation entry down here.
  610. 49:35Otherwise, we'll just watch it. If there
  611. 49:37is no entry for me, then I'll just watch
  612. 49:39it
  613. 49:41hit this level and then we'll just
  614. 49:44call it a day.
  615. 49:48Which won't be the worst thing to happen
  616. 49:50because at least we caught a little bit
  617. 49:52of something.
  618. 49:53I think it was like 50 points
  619. 49:56for the offer account and then we locked
  620. 49:58in the fourth winning day on the
  621. 50:01on the express account.
  622. 50:08So we'll be green.
  623. 50:15But then our lucid account would be
  624. 50:16neglected, but it's all right.
  625. 50:19I'm trying not to copy trade them
  626. 50:22until
  627. 50:23until I get a payout, honestly. I'm
  628. 50:25trying not to copy trade them.
  629. 50:30Cuz I am payout-less this month so far.
  630. 50:32I know it's only the first week, but
  631. 50:33still.
  632. 50:36I am payout-less.
  633. 51:09[ __ ] dude.
  634. 51:11No entry, huh? Just going to run.
  635. 51:26Although
  636. 51:28today, I will say this.
  637. 51:32Today was a good example
  638. 51:35of how you can have
  639. 51:38the right idea, the right targets, and
  640. 51:41then [ __ ] it up through execution. I
  641. 51:44honestly [ __ ] up this entire session
  642. 51:49from my execution.
  643. 51:56We had everything planned out, right? We
  644. 51:58wanted to go short at the open. We
  645. 52:00actually got in like up here for shorts.
  646. 52:04Target one, target two, and then this is
  647. 52:06target three.
  648. 52:09All we had to do
  649. 52:11was literally just enter those three
  650. 52:13micros that I was in
  651. 52:15and just hold it. But
  652. 52:19I wanted to just like add and add and
  653. 52:22add and add. And then it just caused me
  654. 52:24to
  655. 52:28sit on the sidelines.
  656. 52:30For the
  657. 52:31We got to sit on the sidelines for the
  658. 52:32move, but we you know
  659. 52:35It's a big move, too, dude, like
  660. 52:38you know, you you could have been
  661. 52:42could have been, should have been, would
  662. 52:43have been, but you know it is what it
  663. 52:45is.
  664. 52:51Um shorts because
  665. 52:55Oh, the reason why I wanted to see
  666. 52:56shorts is
  667. 53:00literally just like
  668. 53:04the most basic market structure. Look at
  669. 53:06this.
  670. 53:07Look at this.
  671. 53:10Whenever we come up here, I was looking
  672. 53:12for a basically another lower high.
  673. 53:15And then where do we target? Here.
  674. 53:18Here.
  675. 53:19Here.
  676. 53:22That's it.
  677. 53:24It's literally that simple.
  678. 53:28Lower highs.
  679. 53:31And well, all right, I shouldn't I
  680. 53:33shouldn't oversimplify like that cuz
  681. 53:36yes, that's part of it, but also
  682. 53:40we're in a higher time frame. Let me
  683. 53:42show you something.
  684. 53:48You see this active range here on the
  685. 53:504-hour?
  686. 53:53I'm I've been looking in this area the
  687. 53:55entire time for shorts.
  688. 54:02This orange area, I've been looking in
  689. 54:04here for shorts. We just kind of
  690. 54:06consolidated up here first.
  691. 54:08But we came into the 788 of my
  692. 54:13premium range because overall, what what
  693. 54:15are we doing here, right?
  694. 54:21What does this look like?
  695. 54:23Is this a bullet Is this a bullish
  696. 54:24environment?
  697. 54:26Does this look bullish to anybody?
  698. 54:29Doesn't look bullish to me.
  699. 54:34So then we just understand
  700. 54:38if we're doing one of these But here's
  701. 54:40the thing, right? Like you don't know
  702. 54:41what type of random [ __ ] is going to get
  703. 54:44is going to get said about any type of
  704. 54:46war activity or whatever. But if we're
  705. 54:48you know, doing one of these
  706. 54:51it's like
  707. 54:54are you going to try and fade this and
  708. 54:55like try and go short in premium of a
  709. 54:57bearish trend? No.
  710. 54:59I mean, you can try that.
  711. 55:02I wouldn't necessarily
  712. 55:05recommend it.
  713. 55:08But that's why I wanted to see shorts
  714. 55:10today.
  715. 55:12Oops.
  716. 55:20And then if we were coming down, right,
  717. 55:22then
  718. 55:23where is it likely that we target
  719. 55:26for the full target of the day?
  720. 55:28Well, it would be it would be weekly
  721. 55:30current weekly lows.
  722. 55:36We'll see if we can actually get past
  723. 55:38this. We're at We're at the put wall
  724. 55:39right now.
  725. 55:44We'll see if we can get past it and take
  726. 55:46those lows, but that would be just like
  727. 55:49boom, mission mission accomplished for
  728. 55:51the morning and then I can't trade
  729. 55:53anymore.
  730. 55:55This was the target. This is full
  731. 55:57target. After that, like
  732. 56:01you know, like
  733. 56:02look at this.
  734. 56:03Wait.
  735. 56:06What do we have in here? It's just like
  736. 56:07nothing.
  737. 56:09Right?
  738. 56:12This was the This was the one.
  739. 56:22So yeah, kind of kind of disappointed in
  740. 56:24myself for fumbling that trade idea. It
  741. 56:26was pretty nice.
  742. 56:30Just got greedy.
  743. 56:37We'll just have to do a better job next
  744. 56:38time.
  745. 56:42Although I will say though, sometimes
  746. 56:43when I add into those winners, dude,
  747. 56:45woof.
  748. 56:47That's how I have those huge ass days.
  749. 56:50And I really don't have to risk a lot.
  750. 56:51Like I could risk like in the beginning
  751. 56:53300
  752. 56:55400
  753. 56:57and then if we truly have momentum and
  754. 56:59we really push and I keep adding into a
  755. 57:01winner like
  756. 57:03you know, the win can be like $3,000.
  757. 57:08$2,000 usually.
  758. 57:14When I was only risking in the beginning
  759. 57:15a small amount.
  760. 57:20So I'll try and add into winners and I'm
  761. 57:21willing to take break evens, but I just
  762. 57:24uh I shouldn't have done it the way I
  763. 57:25did it today, honestly.
  764. 57:32These are gamma levels.
  765. 57:37You're talking about these, right?
  766. 57:42Those are Tanuki trade
  767. 57:44gamma levels.
  768. 57:47So we're currently coming into the put
  769. 57:49wall
  770. 57:50with the third most absolute gex here.
  771. 57:55That doesn't mean by the way, that does
  772. 57:56not mean that you just like long it
  773. 57:59right here.
  774. 58:02Uh this is called Tanuki trade. You can
  775. 58:03get a free trial. Just use code never
  776. 58:05flat. One word, never flat.
  777. 58:09You can test them out. But just
  778. 58:12don't get
  779. 58:14gamma
  780. 58:16and then just like use these as like
  781. 58:18support and resistance.
  782. 58:21Yeah, that's the code, never flat. Yep.
  783. 58:25You get a free trial, check it out.
  784. 58:49Damn, I was looking for an entry
  785. 58:51here for the continuation lower, but we
  786. 58:54didn't get it. We just opened and
  787. 58:55dropped.
  788. 59:01You said you're planning to use it as
  789. 59:03support and resistance?
  790. 59:05All right.
  791. 59:09I mean, you dude, sometimes they do like
  792. 59:12bounce like and it's like
  793. 59:14it's like a super clean
  794. 59:16like sometimes if we come up into a call
  795. 59:18wall
  796. 59:20yes, like it can
  797. 59:22react off this off of the level, but
  798. 59:26I don't think that it's like
  799. 59:29I don't I that's a good good idea.
  800. 59:33But [ __ ] if it works for you and you do
  801. 59:35it and you got some type of sauce to it,
  802. 59:37then go for it.
  803. 59:39That's not how I use it.
  804. 59:42No, it's not an indicator from the ATS
  805. 59:45website.
  806. 59:46This is TradingView.
  807. 59:49Tanuki Trades is a
  808. 59:53gamma
  809. 59:56is a gamma uh exposure platform that
  810. 59:59shows you options data and then they
  811. 1:00:01have their own TradingView indicator.
  812. 1:00:05With a little luck uh you know what? Why
  813. 1:00:07do you What's the point of You don't
  814. 1:00:08even need skill if you got luck, right?
  815. 1:00:14>> [snorts]
  816. 1:00:15>> It's all we need, just a little bit of
  817. 1:00:17luck.
  818. 1:01:10Have to pull out your hammer strap to
  819. 1:01:12hit or else Yeah, this probably looks If
  820. 1:01:14you're in the shorts and you're aiming
  821. 1:01:15for 981.
  822. 1:01:18Ah.
  823. 1:01:21It's brutal, brother.
  824. 1:01:34Order filled. I'm going to fade this
  825. 1:01:36right now.
  826. 1:01:39On the Lucid.
  827. 1:01:44I'm going to have a big ass stop, boy.
  828. 1:02:15Although the moment that we uh
  829. 1:02:17if we drop down
  830. 1:02:20and we approach this
  831. 1:02:21area again, I am going to move myself to
  832. 1:02:24break even, but
  833. 1:02:29Hey chunky monkey. Yeah, are we going
  834. 1:02:30down right now cuz you pulled out the
  835. 1:02:32hammer or what?
  836. 1:02:35Got to hammer it a little harder. I need
  837. 1:02:37it to go down.
  838. 1:02:45No, I don't trade gold at New York open.
  839. 1:02:58It's not working.
  840. 1:03:00Dude, hammer it harder. Come on.
  841. 1:03:04I'm in this too. I need you need your
  842. 1:03:05help.
  843. 1:03:24If I lose this trade though, I'm going
  844. 1:03:25to stop for the day.
  845. 1:03:27I'll just take the
  846. 1:03:30$400 L.
  847. 1:03:57Actually
  848. 1:03:59let's be savage. We're going to We're
  849. 1:04:00going to add into this.
  850. 1:04:03Oh [ __ ] it was only one.
  851. 1:04:07Whatever.
  852. 1:04:08I was trying to add another three, but
  853. 1:04:10it's probably a good idea we didn't do
  854. 1:04:11that, to be completely honest.
  855. 1:04:18You know what? We'll add again.
  856. 1:04:21If it comes down
  857. 1:04:22if we flip the 5-minute.
  858. 1:04:25Ooh, that's not a good way for this
  859. 1:04:275-minute to close.
  860. 1:04:52Where is this at?
  861. 1:04:5529.
  862. 1:04:58Oh, we could actually lower this to 97.
  863. 1:05:04All right.
  864. 1:05:10Okay, I'm removing this bad.
  865. 1:05:20Boo.
  866. 1:06:07Now we're about to snap through all
  867. 1:06:09these orders and come right to my stop
  868. 1:06:11loss, dude.
  869. 1:06:34All right, it's all good. We're just
  870. 1:06:36going to call it a day.
  871. 1:06:41Damn, that [ __ ] [ __ ] ripped.
  872. 1:06:46All right, so we're down
  873. 1:06:49382
  874. 1:06:51on the Lucid.
  875. 1:06:53I activated it this morning.
  876. 1:06:58And we're up 492. Let me see.
  877. 1:07:03492 on the Alpha.
  878. 1:07:07And we're up
  879. 1:07:09252 on the Express.
  880. 1:07:15Eh, could be worse.
  881. 1:07:18We had a good idea this morning. We just
  882. 1:07:19kind of fumbled it.
  883. 1:07:21And then I was trying to
  884. 1:07:25fade this move up and then have us roll
  885. 1:07:28back over and move to break even, but we
  886. 1:07:30just ended up pumping, so
  887. 1:07:32we will take that L gracefully.
  888. 1:07:36And we'll just stop for the day. We'll
  889. 1:07:38come back tomorrow.
  890. 1:07:41And we'll pay attention later today to
  891. 1:07:42see if uh people start bombing each
  892. 1:07:44other.
  893. 1:07:46Hopefully not, but
  894. 1:07:49we got to pay attention to it.
  895. 1:07:52So
  896. 1:07:54>> [snorts]
  897. 1:07:55>> I'll catch you guys tomorrow.
  898. 1:07:58Peace.

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