YT YouTube2Text

YouTube2Text → Transcripts → 🔴 Live NQ Futures Trading | Order Flow & Prop Firms

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

by Christopher Creamer | Orderflow Trader · 8,558 words · 1,563 segments · language en · Watch on YouTube

Open in transcriber Summarize with AI Download SRT/VTT

Full transcript

0:56[groaning]
1:01>> All right.
1:02What up, Deuce?
1:08All right, we got to
1:09we got to lock it. We got to lock in a
1:11path this week, dude.
1:17We got to lock one in. I got this
1:19account.
1:23There's a
1:26I got to lock in some winning days.
1:33Nice. Yeah.
1:36Hey, Deuce. By the way, yesterday
1:40dude, you're the [ __ ] man, bro.
1:43I'm over here.
1:49Yeah, if you can get up to 4K, that
1:51would be nice. I mean, you don't have
1:53to.
1:54We We talk about it.
1:57Um
1:58but I was just going to say I was just
1:59going to say yesterday
2:01when I was being a dummy and I was
2:03trying to short it into discount and you
2:05said like, "Nah, we're in discount. I'm
2:07not going to short it."
2:09[ __ ] gigachad, dude.
2:14That is great. I'm happy that you didn't
2:16make a stupid decision like I did.
2:22Cuz I was pretty stupid
2:24to be completely honest.
2:34But yeah, when it comes to um like the
2:37buffer you want in your
2:41Yeah.
2:42If it comes to the the buffer
2:45or when it comes to the buffer in the
2:46funded account
2:50the way that I recommend doing it is it
2:52really depends kind of like
2:56what the situation is, right? Like if
2:59it's First of all, if it's your first
3:01payout ever, which I know it's not for
3:02you, Deuce, but if it's your first
3:04payout ever, like you should
3:05realistically just take
3:08take the payout. As long as it's like a
3:11$2,000 balance and you can take like
3:131,000 bucks out I usually recommend just
3:16to take the payout.
3:18Um
3:20but if you've taken payouts before and
3:22it's like just another payout, it does
3:24kind of matter whether
3:26or not you have other funded accounts.
3:30And if you've spent any money this month
3:35to get those funded accounts. So like if
3:38you're bringing in funded accounts from
3:40last month, Deuce
3:42and you haven't spent I mean, it's the
3:43second day. So if second day of the
3:45month. So if you haven't spent any money
3:47on firms this month, um
3:49and you have multiple funded accounts, I
3:51would recommend just building the buffer
3:53in that account.
3:55But if it's like your only
3:58if it's your only funded account,
4:01um
4:03you know, if you can get it up to 3,000
4:05to take out a $1,500 payout, that's fine
4:07because then you got $1,500
4:10to
4:12get more funded accounts with. And
4:13$1,500 of drawdown is
4:16it's okay. Like you can easily make that
4:18work.
4:24Yeah, that's chill. So
4:27I mean, if it's your only funded account
4:30you know, maybe 3 to $4,000 balance
4:32before you take a payout.
4:35Um
4:38if you have multiple funded accounts, I
4:40would usually wait till like a $4,000
4:42balance.
4:47But, you know, it's also
4:49the the main goal, realistically, is
4:52just to get yourself net positive on the
4:54month so that you can then begin to
4:56manage bank roll
4:58and try and get more fundeds.
5:00>> [snorts]
5:02>> Yeah, okay.
5:05Yeah, like I'm on this account right
5:06now. It has like a $3,800 balance, I
5:09think.
5:12I think this is either the second or
5:13third day
5:14that I traded it.
5:17I also finally traded my um
5:20my 25K funded yesterday. So, I made 430
5:24bucks on the shorts last night.
5:27But this one has a consistency rule, and
5:29the max payout is a thousand bucks cuz
5:31it's a 25K account, so
5:33I'm probably just going to um
5:37No, I usually don't trade London. I
5:39mean, there's times where I do trade
5:41London, like
5:42if I'm traveling, then yes, I trade
5:44London.
5:48But,
5:50being in California, no, I don't trade
5:51London because
5:55I'm sleeping.
5:58Realistically.
6:03But, yeah, so for this account, like I
6:04think I only have two trading days on
6:06it. So, in 2 days I built it up to like
6:08a $3,800 balance.
6:10Um max payout is 3K for the first
6:14payout. With this account, it goes up
6:16after that, but the first one's 3K.
6:20So, I'm not necessarily going to try and
6:23max it out and get to $6,000 balance.
6:27I'll be totally fine if,
6:29you know, I get to a $54,000
6:32and then I take um
6:36I take a $2,000 payout because then I
6:38can use that and I'll start buying more
6:39accounts again.
6:41Um this is
6:45Alpha Futures, their premium account.
6:49So, I got
6:51I got this account and then I also have
6:53a Lucid account. What up, Bazooka? I
6:55also have a Lucid account that
6:56technically has the 5 days, but the
6:58balance is like 1,500, so I'm trying to
7:01build it up a little bit, which I may
7:03actually be focusing on
7:05today.
7:15Yeah, so with Alpha Futures, the way
7:17that it works on their premium accounts
7:18is the first payout is 3K max, second
7:21payout's 4K max, third payout is 5K max,
7:24and then the fifth payout or the fourth
7:26payout
7:28is like a 6K max.
7:35Which is pretty cool cuz then you could
7:36build a buffer in it and then like
7:37actually
7:40take it out.
7:42Yeah, it's ended and end of day
7:43drawdown. It's very similar to the Lucid
7:45account in terms of like it's a little
7:48more expensive, but
7:51it's very similar in the sense of like
7:54uh
7:55they wanted $200 minimum winning day.
7:57You need 5 days, no consistency.
8:02Eval is 50% consistency.
8:05End of day drawdown.
8:07They're pretty good, honestly. I think
8:09these accounts are pretty good. I'll
8:11probably get more of them
8:12um when I do pull a payout.
8:19They're a little pricey, but I do like
8:21the
8:23They're a little pricey, but I do like
8:25them. They're like 150 bucks before any
8:28discount, so when they're on a discount
8:29it's less than that.
8:32Yeah, it's basically identical rules to
8:34Topstep and Lucid.
8:55So, honestly, I think I should probably
8:57trade
9:00the Lucid account because
9:04it's technically eligible for a payout,
9:06but this balance is pretty small.
9:12So, I got to build it up a little bit.
9:18Very nice. Bazooka.
9:36So, today
9:40we did make a pretty large move um after
9:43we after Asia put in the lows.
9:47It's about 250 points to the upside. So,
9:50this is all-time high. We do have the
9:52call wall sitting basically right around
9:54all-time high.
9:57So, obviously, you know, we're watching
9:58the call wall because in the event that
10:00we get acceptance above it, then of
10:01course, we're taking all-time high and
10:03we're entering back into uh
10:06price discovery.
10:10And we're just going to be making new
10:11highs.
10:13Um in the event that we actually come up
10:15to 30,660 and we kind of like fail to
10:18get above it and we begin to rotate
10:20lower, I would be expecting us at that
10:22point to actually come all the way down
10:23and start attacking the lows. We'd
10:25essentially be building a pretty
10:28clean
10:28>> [music]
10:28>> balance here
10:30um
10:31on the hourly time frame.
10:34The 4-hour is kind of consolidating
10:36sideways right now.
10:39We have all of these lows down here.
10:42In the event that we do actually kind of
10:44like push down or you know, maybe we
10:47come up here, sweep these highs and
10:48start pushing down,
10:50then I am looking for us to first take
10:52London lows and then make our way down
10:54towards discount of this current range.
10:58If we start kind of getting below
11:0130,370
11:03or the HVL and like pushing past the
11:05886, then it of course, at that point,
11:08it's pretty likely we actually start
11:10attacking these. So,
11:12taking out current daily lows, taking
11:14out previous daily lows,
11:17and then making our way down towards
11:2030,250.
11:25So, kind of two main areas I'm watching
11:27for today, kind of right around here,
11:30and then up here.
11:33Other than that, we're kind of like in
11:34the middle of uh
11:36kind of in the middle of this range.
11:40And we do have jolts today at 10:00 a.m.
11:42Eastern, which could do something, could
11:44do nothing. I mean,
11:46I don't know. Recently, like red folder
11:48news hasn't been doing
11:51a crazy amount
11:55like it used to.
12:00Um the big trade settings?
12:04Well, I have it for MNQ.
12:08I think right now mine are set for
12:14400. I'm actually going to drop this
12:17to 300. I put it up to 400 one day
12:20because it was like
12:22pretty noisy, but I'll put it back to
12:24300.
12:29Um do I copy trade accounts or one at a
12:32time? It depends. Usually, what I'll do
12:34is I'll trade them one at a time.
12:38Um especially if like my execution has
12:40been lacking recently, I'll trade them
12:41one at a time.
12:43But if I build up a balance on the
12:45accounts and then they are the whole the
12:48only purpose of those accounts at that
12:49point is just to try and extract a
12:51payout. I'll usually like copy trade
12:52them.
12:53Just with really small size trying to
12:55just get like uh
12:58winning days.
13:01But when I'm building the balance in the
13:02accounts, I usually just trade them one
13:04at a time.
13:10>> [snorts]
13:20>> So, the goal right now is I do have
13:21three funded accounts.
13:24And I have some evals, but
13:26I haven't really been trading the I'm
13:28trying to just focus on the three
13:30fundeds right now.
13:31One of the balances is pretty chill.
13:333,800 bucks is pretty chill for a 50k.
13:38This one, this Lucid account that you
13:40guys see right here,
13:41>> [music]
13:41>> um
13:43has the 5 days, but it I just
13:47I need to build the balance up on it, so
13:48I'm probably going to focus on that
13:49today.
13:53And then the goal is just to pull the
13:54payouts, um
13:59hopefully I'll build this one up. I
14:00mean, realistically, if I get this past
14:02$2,000, I'm probably just going to take
14:04like a $1,000 payout on it.
14:06And then I have, um
14:10I have this funded account, which
14:14I'll probably take like a $2,000 payout
14:16on it, hopefully, if I don't [ __ ] it up.
14:20And then I'm just going to focus on
14:21evals for a little bit cuz I got a
14:25I got to build the army back up.
14:28I'm build the army back up.
14:31Got to get back to having, oh yeah, and
14:33then also got to focus on this this
14:35funded account.
14:38Which
14:40on this account, I think I'm only going
14:41to I think because of the consistency
14:43rule and the max payout is a thousand
14:45bucks, I mean, I should
14:48really only be getting like $400 a day.
14:56And then I'm probably going to buy some
14:58more Lucid accounts, buy probably some
15:00Topstep accounts.
15:04Try and get back to having like
15:06at least five funded accounts.
15:12Yeah, we had a pretty rough, um
15:16pretty rough month last month, so we're
15:18trying to turn it around.
15:22Trying to turn around now.
15:25But we're kind of starting from scratch.
15:28Not necessarily.
15:30Because we are bringing in accounts but
15:33from last month but it is kind of
15:35starting from scratch.
15:38So we have market open here. We're kind
15:40of pushing up a little bit. Um right
15:43before the open, we may go up here and
15:45take these highs.
15:48Uh I don't use TPT but
15:50I don't necessarily have anything
15:52against them. I just typically
15:54I haven't really ever used them before.
15:57I was looking at them though.
15:59They're definitely on the list when I
16:01begin to scale more but
16:04I just don't like intraday
16:06trailing.
16:09So in the event that we just like pop up
16:11off the open
16:13and we begin to come up here towards
16:15all-time high, I I am watching this
16:1630,660 area so
16:21we will see
16:24what we get.
16:40That's gross.
16:43That's gross.
16:45Oh.
16:48Oh. All right, we may we may if we're
16:50going to come down
16:53we may be coming down here to target
16:55London lows. In the event that we do
16:56that, then I'm going to start watching
16:58kind of this area down here for
17:01seeing if it's a potential long
17:02opportunity.
17:04Um
17:06or if we're going to drop down further
17:07and start taking out, you know,
17:10Asia lows, previous daily lows.
17:13That's a pretty large sell though. There
17:15is
17:16if we, you know,
17:18continue down, there's a pretty good
17:20chance we're going to just
17:22start dropping.
17:25Like if we accept past this big trade
17:26and we don't just snap back up. So, it's
17:28kind of important to wait for this
17:295-minute candle to close right now.
17:32for me.
17:37That was pretty nasty, though.
17:40It was like freezing for a second and
17:41then it just
17:44I blinked
17:46and then a massive candle appeared.
18:00But if we like
18:02So, it's important that I watch what
18:03happens on this 5-minute candle because
18:08if we have all this selling pressure
18:09that just came in and then it just like
18:10completely flips bullish, well then at
18:12that point we're definitely coming
18:13towards
18:1530,660.
18:17But if we have some acceptance, it
18:20actually closes
18:21lower,
18:23we push past this large order,
18:26um then we'll probably be making our way
18:29down.
18:33Although I I'm not really
18:35that big of a fan in terms of like
18:37trying to short it right here.
18:42But it would make sense for us to come
18:44back and rebalance some of this uh move
18:47from the overnight.
19:45>> Yeah, we'll see if I can um
19:52Honestly, I think if I just get this
19:54balance above 2K today, I'll probably
19:55just take the payout.
19:58Like at the end of the day.
20:05Y M
20:10Yo, Dame, are you trading Y M? Whoa.
20:15Whoa.
20:22The hell is that?
20:27Yeah, it's crazy.
20:40All right, so I'm going to wait for this
20:41candle to close. This is it's looking
20:43like it's pretty it's going to close
20:44pretty strong.
20:52So, I'm anticipating us to actually just
20:54continue lower.
20:57We just took London lows.
20:59I'm watching kind of around the EQ or
21:02the middle of Asia for us to
21:06kind of touch down into potentially
21:11or just right around that 30,400 if
21:13we're going to if we are going to
21:15continue down.
21:29But I don't really want to
21:33>> [clears throat]
21:35>> I don't know. We'll see. If this candle
21:36pumps up right now and comes towards
21:38this large order and starts dropping
21:40back down, I may just try and scalp a
21:42continuation.
21:47But if it's just going to drop, I'm
21:48going to just let it go.
21:55What up, Joseph?
22:36We do have jolts today, so
22:46All right, we're probably
22:52probably coming over here.
23:00The call wall was sitting up there at
23:0230,660. It just dropped.
23:0630,415.
23:13If we pump back I mean if we go back up
23:15it'll probably move back, but it's just
23:18something to note that
23:21the positioning is changing
23:23as we go down.
24:01The trading pit? No, I have no idea what
24:03that is.
24:38And then go to the TJR Island.
24:41>> [laughter]
24:45>> For what though, dude?
24:48I don't care for that.
25:10>> Arturo Arturo apparently it's like this
25:13uh
25:14it's this video he's going to make where
25:15he brings like a
25:17few traders to like compete.
25:21>> [snorts]
25:22>> I don't really have time for that
25:23though. Dude, I have other stuff I do. I
25:26can't just like dip and then like
25:30go do random [ __ ] for somebody's video.
25:44Yeah, that's what I was thinking too.
25:45He's probably going to make them do some
25:48some weird [ __ ]
25:52Although I'll watch it. It'll probably
25:54be pretty funny, honestly.
25:59But you know what? I kind of like waking
26:01up, making a coffee, sitting at my desk,
26:04and then like trading,
26:06and then like doing the other stuff I
26:08need to do during the day,
26:10rather rather than doing a bunch of
26:12jester [ __ ]
26:14for the internet.
26:24I try not be a jester, you know what I
26:26mean?
26:38Uh Steve, I'm using
26:40um
26:41ATAS a toss
26:43attis.
26:51So right right now what I'm doing, if
26:53wondering why I'm just sitting here, I
26:54think it's coming down towards uh Asia
26:58EQ or like right around 30,400.
27:02So, I'm kind of just like letting it go.
27:04The only thing I was looking at
27:05previously was if we were to push up on
27:08this candle and then start slamming
27:10down, I was going to go short, but
27:12if it's going to just kind of slide down
27:14right now, I'm just going to let it go.
27:17And then I have my eyes set around here.
27:19It's kind of a bigger range, it's like
27:2160 points.
27:22Yeah, like 66 points, this kind of zone.
27:26Um
27:29I'm watching this area not to
27:31necessarily just like blindly take a
27:33long.
27:34I honestly believe that one of the
27:37easiest trades, if it were to happen
27:38today or the lowest hanging fruit,
27:41is
27:42we actually start coming down here, we
27:45don't really have any type of buying
27:46activity, and we start pushing like
27:49towards here.
27:50And if a candle opens up, pushes up, and
27:53then starts slamming down, you can take
27:54like a really easy scalp to just like
27:58shoot through this area.
28:03But, there may be an opportunity. I
28:04mean,
28:09we're like creating this like balance,
28:11you know what I mean? So,
28:13it is kind of also
28:17sketchy to short it down there.
28:21I am first though watching to see if we
28:23push into this area and then looking for
28:25potential longs or
28:28if we begin to like kind of make our way
28:30back up here,
28:31then I may be going for a continuation
28:33long towards this area or towards
28:35all-time high, basically.
28:42But, I got to wait for
28:52>> set up
28:53an actual trade.
29:01The imbalances on the footprint
29:05like these.
29:08It's just an indicator um
29:12It's literally called stacked
29:13imbalances.
29:17I put a 400% ratio and then I need at
29:20least three of them.
29:22And then it will create these.
29:26And I have and I have it where
29:29inside the candles in the cluster
29:30settings it it will um
29:34show it in bold. So, anytime you see
29:36these bold numbers,
29:38it's basically telling me that it's an
29:40imbalance.
30:25It's just like not really in good
30:27location for me.
30:29Yeah.
30:31This could be good area for a bounce
30:34though, but I would prefer it to have
30:36been like a little lower.
30:47>> But we have the 15-minute about to open
30:49up right now. We'll see what it does,
30:51and then we got jolts.
30:52See what that does.
31:17Dude, I wonder if YM is still doing
31:19that, or did it come back? Ooh, it's
31:21still going.
31:24Might be coming back.
31:41So, yeah. I mean, if we start
31:43really pushing past
31:45all of this,
31:47past this,
31:49past this,
31:51there could be an opportunity to just
31:54catch a continuation
31:58towards all-time high.
32:01I would just rather not try and take a
32:03long yet because we didn't really tap
32:06into where I wanted us to go.
32:10What up, thousand?
32:15So, we're going to see
32:17We'll wait a little bit.
33:00>> Yo thousand, are you still trading
33:0320 accounts?
33:22Dude, remember that day you made like
33:23$200,000
33:25on the
33:26copy trading the accounts?
33:30Legend. This guy's a legend, dude.
33:34I know he's going to Yeah, he remembers
33:35that.
33:41Also, shout out thousand. He gave me a
33:43Chick-fil-A chicken sandwich yesterday.
33:46Real one.
33:47He gifted it to me.
33:49All I had to do was just go to
33:51Chick-fil-A and redeem it.
34:19So, I'm going to see if we can get past
34:21this area. Also, I mean, we're watch I'm
34:23watching the one hour right now. So, as
34:25we approach,
34:27you know, closer to jolts, I'm trying to
34:29see
34:31how the hourly is going to close.
34:33If it closed pretty If it closes like
34:35this, you know, there is
34:38potential opportunity for
34:44for that.
34:46At least
34:48Yeah.
34:53But it's important to see how this is
34:54going to close cuz I don't know if you
34:55guys remember yesterday, but it was kind
34:57of looking like this and then in the
34:59last like 10 minutes of the hourly
35:01candle, it was
35:03up here and then it just went all the
35:04way down and then closed down here. So,
35:06I have to
35:08I'd like to see us get above this.
35:11No, this is not motive wave. It's uh
35:13ATS.
35:25Well, Bazooka, just wait a little bit.
35:28You know, we just we just got here.
35:34You haven't even let the new hourly
35:35candle open yet. Hasn't even been 30
35:37minutes.
35:42But yeah, no, there hasn't been any
35:43setups for me yet.
35:47Or anything for me to trade.
36:02Got in longs at 478.
36:04Fire.
36:06It's very nice.
36:08Very nice, Chewy.
36:59>> Oh, on gold?
37:01>> Yeah.
37:03We may be pushing up here.
37:07>> I'm going to
37:09wait though.
37:15Cuz I don't really want to um
37:19enter a position before jolts and hold
37:23it during jolts. I just
37:26rather not, but there is a
37:32I'll be watching for us to come up here.
37:35Which is enough room to for a decent
37:37trade.
37:38You know, you can catch 50 points.
37:45Or even up here. Realistically, the the
37:47real target if you were to go long would
37:49definitely be 660.
37:53An all-time high, so
37:56there's enough room. I just
37:58got to wait for news. In the event that
38:00we just kind of like
38:03have news open up and then we just
38:05immediately run to the to 660. I
38:08I'm actually going to have to just not
38:09trade today cuz that was kind of my
38:12Well, we'll see what happens up here.
38:16But the goal right now is to as long as
38:18we continue accepting above this area
38:21and we don't just like snap all the way
38:22back down.
38:25I'll probably be looking for a potential
38:26long opportunity.
39:42Okay, this is good for
39:45This is good for Cheesy's position if we
39:46continue.
39:50But I want to I want to get in on the
39:52party
39:53if it allows me to.
40:06Call wall's back at
40:08660.
40:10But it might
40:11it might kind of flip back and forth
40:13from 660 and um
40:17415.
40:22But that's the
40:25That would be the target if we're going
40:26to continue higher. First target.
40:29Second one being all-time high, but
40:30they're basically at the same level. I
40:32mean, it's like a
40:3530-point difference.
40:57The most ideal scenario for longs
41:03would be
41:06if we wait
41:10and we have news come out and we
41:13actually attempt to push lower
41:16and sellers fail and we begin to curl
41:18back up.
41:21Would be a much better
41:23much better scenario than just trying to
41:25chase a straight shot.
41:39So, we'll wait the 5 minutes
41:41for jolts.
42:03But yeah, if we do if we do attempt to
42:05come lower and then sellers begin to
42:07start getting absorbed
42:10and then we start kind of
42:12bouncing back up.
42:15It could be a pretty good opportunity
42:21to try and long it.
42:33But again, I got to see
42:3815-minute time frames looking pretty
42:40gross to be honest.
43:12Well, Bazooka, maybe you can get into a
43:14trade and jolts will just go in your
43:16favor.
43:21Just trade the trade the news.
43:26Like this is kind of what I wanted to
43:28see to an extent, but not really. I kind
43:30of want to see it lower.
43:34And I don't want it to have I
43:35I just I got to wait.
43:38Going [clears throat] to wait for news.
44:14>> Yo, in the Discord chat, are you guys
44:16able to see the the GIFs?
44:20Or is it just showing up as like
44:24Dude, I don't know why it does that. Is
44:26there a way to fix that?
44:53Why does it do that?
44:58Yo, Eddie, do you know how to fix that?
45:05I'll worry about it later. We we got to
45:06we got to worry about trading right now.
45:09I'll we'll try and fix that later.
45:11We're put we're pushing up. I just
45:13There's a pretty good chance we're just
45:15going to
45:17not not give me an entry and just kind
45:19of go up here.
45:27Which, you know, if that happens, it
45:28sucks, but it is what it is. I can't
45:30just like chase this just cuz I think
45:32it's going to go up here.
45:37Uh, that's weird.
45:45Try and figure it out later. Yeah,
45:46banger trade, Cheesy. You're already up
45:48100 points.
45:54The hourly's about to close pretty
45:55strong, though.
45:58It's definitely looking like we're we're
45:59going to make an to at the highs.
46:03Now, it's just whether or not we can
46:04find
46:05an entry.
46:09Probably
46:24I kind of hope jolts pushes it down
46:26right now so it gives me a chance.
46:33Oh.
46:37Oh.
46:40Yo.
46:49Dude, I'm fighting FOMO right now cuz I
46:51kind of want to go long right there but
46:53I'm not going to do it.
46:56That was nasty.
47:01Yeah, my screen lagged.
47:06Oh, there's some
47:07That's the s- second time it happened.
47:10And that's on MNQ, too, which is funny.
47:12This is MNQ and then this is NQ.
47:22That's crazy.
47:27Being in a position on MNQ and then
47:30you get one of the MNQ wicks.
47:35Look, let's go look at it.
47:39Uh
47:53Yeah, that's the only thing that sucks
47:54about the micro contracts sometimes is
47:56you just get those nasty wicks that
47:58don't exist on the actual mini
48:00contracts.
48:06>> [snorts]
48:28>> And that's also why by the way that
48:31a lot of the times um when you're
48:33learning order flow, sometimes it's
48:35better to learn on um
48:37the mini contracts and then use like
48:38cross trading features, but um
48:42I'm just so used to MNQ. I've been
48:44looking at it for years, so I just stick
48:46on it.
48:50But it does have noise. Like this is
48:51basically noise, right? Like
48:56It's the difference of
49:0050 points.
49:04It's a pretty big difference.
49:52Oh no, I'm not looking at gold.
49:54If you do, good luck.
50:10Well,
50:10hopefully we get an opportunity today,
50:12or otherwise it's just
50:14it's going to be a no trade day.
50:18Price action is actually pretty chill.
50:22I mean, there's been very little chop.
50:23We just moved down, moved straight up.
50:26I just didn't have a
50:33Five minis, take it or leave it. Sheesh.
50:45Let's see if we're going to flip bullish
50:47on this candle
50:49by the time it closes.
51:29So, we had like a bunch of selling
51:30pressure step in.
51:33Really couldn't do anything.
51:36Then, towards the end of this candle, we
51:38started getting some uh
51:41buying.
51:42Little bit, not a not a lot, just a tiny
51:44bit of buying.
52:44I'm going to take a short. Got to sell
52:45some longs.
52:52I feel like we're going to continue up
52:54here to 660.
52:56It's kind of a shitty entry because
52:58we're like all the way kind of
53:06We're at the top of this. I'm basically
53:09I was waiting to see if selling pressure
53:11was going to continue.
53:13And we are having buyers step in. So, we
53:15just need to see the buying activity
53:17kind of
53:19have follow through. Otherwise, if this
53:22basically has a large buy order that
53:24steps in and it immediately rejects and
53:25starts snapping back down, I'm actually
53:27pretty [ __ ] on this trade. So, because
53:30of that, I'm going to move my stop right
53:32below this 5-minute candle.
53:34And we'll risk like 200 bucks.
53:38Cuz if we're going to have the
53:39continuation, I should realistically see
53:41it now. Otherwise, it's going to come
53:43down and then potentially give another
53:45opportunity.
53:59Yeah, it's not good.
54:01We fell for it. We fell We got trapped.
54:06We fell for the FOMO.
54:10I was fighting FOMO that whole time.
54:43Yeah, live tutorial on how to how to be
54:46the liquidity.
54:48>> [laughter]
54:56>> No, it's really important that we
54:57actually get past this and start
54:59accepting higher.
55:15I'm actually going to have to front run
55:17660 a little bit.
55:28Actually, no, we're not even going to
55:29have a TP. We're just going to watch it
55:32if it even continues higher.
55:38It's not looking too good right now,
55:39though.
55:42Because we're potentially going to close
55:44below this uh um
55:46big trade,
55:48which is not what I want.
55:52It needs to close above it.
55:56We got 30 seconds to try and pull it
55:57off, and I think we should be chill.
57:07We
57:08are
57:09screwed. Screwed.
57:23The reason why I don't want to close the
57:25trade, even though I lost all my
57:26confidence in it,
57:28is because um
57:30it's It's a bad habit.
57:32You know, I got to I got to just accept
57:34that Oh, I took the trade. You know what
57:36I mean? So, like
57:40Like, you can't just like enter trades
57:42and then just like get out of trades and
57:44then enter You know what I mean? Like,
57:46it's better if you just like
57:48If I If I didn't want to take the L on
57:50this trade, then you know what? I
57:51shouldn't have taken the trade.
57:54And also
57:56if you build a habit of like getting
57:58into a trade and then like getting out
58:00of a trade cuz it doesn't look good
58:02anymore
58:04you're basically just being a [ __ ] so
58:06you shouldn't have taken the trade in
58:08the first place. You know what I mean?
58:12Yeah, long-term is just better. I mean,
58:14you you place a stop
58:17you place a TP
58:19and you just let it go. Otherwise, like
58:21imagine if you build this habit of
58:23anytime you see like
58:25any type of
58:27pressure activity
58:29like away from
58:31um
58:33your target, you just like get out of
58:35your trade
58:37you're just going to build this like
58:39terrible habit.
58:41And you're going to be that guy who's
58:43like, "Ah,
58:45I should have held it.
58:47Duh.
58:48If I just held it, it would have been,
58:50you know what I mean?
58:51Mr. Shoulda Coulda. We can't be Mr.
58:53Shoulda Coulda Woulda.
58:55And you know what? Imagine Look, imagine
58:57if I did get out.
58:59You know what? Now we can move Let's
59:02Let's move it to the bottom of this
59:03candle.
59:05Dude, imagine if I got out right here
59:07and I was like, "Oh, no, this trade's
59:09not going to work out."
59:12I mean, I'm not going to lie, we got
59:14incredibly lucky, so I'm not saying that
59:15that had anything to do with analysis or
59:17skill.
59:20Yeah, cuz it really didn't. That was
59:21100% luck right there.
59:24But, the point is just The point is just
59:26building the habits, I guess, at the end
59:27of the day.
59:31>> [clears throat]
59:36>> So, I'm watching us
59:39approach
59:40660, okay? So, this
59:44realistically, as we kind of come up
59:47here, we do I do need to move my stop to
59:50break even at this point.
59:54What I think I'm going to do is
59:57when we approach the call wall up here,
1:00:00um
1:00:01at 660, if we stab into it, I'm going to
1:00:08start trailing stop pretty aggressively.
1:00:10I want to see if I can give it the
1:00:12opportunity to actually continue its way
1:00:15up to all-time high.
1:00:17Um
1:00:19cuz I definitely think it's a
1:00:20possibility.
1:00:25But, that could just be us being greedy.
1:00:41Your entry was my stop loss, so you
1:00:43never got in or what?
1:00:48Yeah, trailing it trailing especially
1:00:51and I did the same thing yesterday. As
1:00:53we approach, you know, like a major
1:00:55gamma level, especially a call wall, I
1:00:58usually trail pretty aggressively.
1:01:00Um but, the reason why I'm not going to
1:01:02trail that aggressively this time, at
1:01:05least until we actually get to 660, is
1:01:07because this probably is going to be the
1:01:09only trade that I take,
1:01:11to be completely honest, so.
1:01:15I'm really just
1:01:17kind of happy or relieved that it didn't
1:01:19stop me out. Like, imagine it came down,
1:01:22wicked me like that, and then did that.
1:01:25I would have had to take a I would I
1:01:27would have had to take a couple deep
1:01:28breaths.
1:01:39Oh, nice. 592.
1:01:42Oh, nice.
1:01:52How far did this go in profit?
1:01:56Oh, we're like 30 points in profit.
1:02:01We must hold it.
1:02:04Get some follow-through.
1:02:15Although, I'm not really giving it any
1:02:16room. You know, like this could just
1:02:19like come down and then swing back up.
1:02:21I'm really not giving it any room to
1:02:23breathe.
1:02:25Well, actually,
1:02:26giving it a little room to breathe.
1:02:35All right.
1:02:36We'll take our 25 bucks, dude.
1:02:40I'm just kind of
1:02:42That was
1:02:44That was a bad trade, okay?
1:02:46That was bad.
1:02:48I FOMO'd into that.
1:02:51Like, let's be real.
1:02:53FOMO'd into that. Got a terrible entry.
1:02:56Got extremely lucky.
1:02:59Started getting close to the call wall.
1:03:07Woof.
1:03:08That was a lucky one. Kind of a lucky
1:03:10break.
1:03:17I'm actually going to sit here for a bit
1:03:18and see if there's a an actual trade for
1:03:20me to take. But that was pretty stupid,
1:03:22slightly embarrassing. My bad.
1:04:03Cheesy, are you still
1:04:05uh
1:04:06Are you still in it?
1:04:08And if so,
1:04:11where are you trailing Are you trailing
1:04:12your stop or are you just keeping it
1:04:13break even down there?
1:04:16Okay.
1:04:25Very nice.
1:04:30Dude, that was such a dumb trade, dude.
1:04:32I feel like an idiot for taking that.
1:05:03Uh damn, got stopped break even. That's
1:05:05the entry signal. I don't want to go
1:05:06long.
1:05:09Uh just joking.
1:05:13Just joking.
1:05:36I mean I I still believe we're probably
1:05:38coming up eventually to uh that
1:05:40660 area. It's just um
1:05:46There's not like a real entry.
1:05:50I tried to force an entry.
1:05:56Which was a bad idea.
1:06:01Right, exactly from where, right? Cuz it
1:06:03could um
1:06:07Cuz what was it What was I saying,
1:06:08right? What What was I actually do? What
1:06:10was the actual plan? Okay, let's talk
1:06:12about this for a second.
1:06:14The actual plan was for us to actually
1:06:16push lower
1:06:19and have sellers begin to kind of get
1:06:22absorbed, buyers start stepping back in,
1:06:24and then on the curl back up to go long.
1:06:28We had news snap down, push back up,
1:06:31saw a little bit of buying pressure, we
1:06:33closed bullish, this candle retraced to
1:06:34the POC, and we started flipping
1:06:36bullish, and I just FOMO'd into it.
1:06:39So,
1:06:41that was not the plan.
1:06:47That was That was a caveman trade. That
1:06:49was
1:06:50bad.
1:06:55We got lucky, though. We didn't take the
1:06:56$200 L.
1:06:58We're just going to
1:07:00watch Dame get uh wicked out of his
1:07:02position, and then have it go to his TP.
1:07:10>> Yeah, but I I can't I can't long it this
1:07:13close to the call wall though. It would
1:07:15just It would actually be a terrible
1:07:16decision like anywhere
1:07:20Realistically, anywhere up here
1:07:22is just kind of a terrible area to go
1:07:25long.
1:07:31We need a little bit of this
1:07:34or a little bit of that.
1:07:41Right. Just buying super deep into
1:07:44premium.
1:08:06If anyone ended up trying to copy trade
1:08:08me on that trade, I hope you moved your
1:08:10stop to break even or I hope you got out
1:08:12for like 100 ticks or something.
1:08:21I would feel so bad if anyone took that
1:08:23trade that
1:08:24that I took and
1:08:28took a loss cuz of it.
1:08:31[ __ ]
1:08:37Uh vehicle enthusiast
1:08:39enthusiastic. Yes, I took a long right
1:08:42here like a dummy.
1:08:45Or no, right here.
1:08:47Like a dummy.
1:08:48It went like uh 30 points in the profit
1:08:50and then I just I moved to break even.
1:09:01But we'll see if we can actually get it
1:09:02a decent retracement
1:09:05or an attempt lower right now.
1:09:10And then failure.
1:09:15Although we are kind of getting closer
1:09:18and closer to the time I'm I'm right now
1:09:20I'm paying close attention to volume
1:09:22because if volume begins to taper off
1:09:23then I I'm just going to
1:09:26stop.
1:09:32Yeah, but that's the thing AR that trade
1:09:34had nothing to do with how I how I
1:09:35normally trade.
1:09:37That's why it was bad.
1:09:40It honestly would have been pretty bad
1:09:43if I uh
1:09:45It really didn't matter if it won or
1:09:47lost. It was kind of just a stupid trade
1:09:49in general.
1:09:51It just didn't follow
1:09:54what I usually do.
1:09:56Now in the event that we push down
1:10:00we begin to stall, we begin to get
1:10:01absorbed, and then buying pressure steps
1:10:03back in, and we go long then doesn't
1:10:06matter if that wins or loses cuz that
1:10:07was kind of the original plan.
1:10:14As long as a proper uh
1:10:18proper entry model comes.
1:10:30>> [snorts]
1:10:36>> But it's important we still keep
1:10:37participation cuz if we begin to taper
1:10:39off in volume then
1:10:43the day is over for me.
1:11:17>> Uh, Bazooka, no, I didn't.
1:11:20My
1:11:21I didn't take TP. I hit break even.
1:12:09Yeah, they're different because
1:12:12Well, for a couple reasons.
1:12:14Um
1:12:17For one, they have different settings
1:12:19and
1:12:21This is lagging. So, this is what the
1:12:25levels are currently.
1:12:27And it updates like every minute.
1:12:31But, um
1:12:33They have all of those all of the
1:12:36um
1:12:40GEX level providers, they have different
1:12:42model calculations, which result in
1:12:44slightly different levels. And today's
1:12:46profile is kind of
1:12:49So, like if you look at this, right? You
1:12:52You see this area where it says net gex
1:12:54and then
1:12:55we're like sitting in between this area
1:12:57that has like
1:13:00like the distribution of it. Here, let
1:13:02me show you.
1:13:04The distribution of this is like really
1:13:08thin and small.
1:13:11So, you're going to have
1:13:13because this is like
1:13:16you're just going to have different
1:13:17model calculations like Menthor Q, Spot
1:13:19Gamma, Vol Signals to Tanuki, they're
1:13:21all going to be slightly different.
1:13:27And then also when it comes to
1:13:32Menthor Q, Menthor Q,
1:13:35um
1:13:36they have like settings for their
1:13:37indicator where it's either end of day
1:13:40or intraday.
1:13:46Which that's obviously going to cause a
1:13:49pretty big difference.
1:14:04But, yeah. I mean realistically though,
1:14:05like there's no
1:14:07um
1:14:10because they all have like their own I
1:14:11mean they're all using
1:14:13exchange options like the exchange data
1:14:16for the options
1:14:18chain.
1:14:19But, they just have their own gamma
1:14:21models, so
1:14:23but just remember, none of them
1:14:26literally none of them can actually see
1:14:28the dealer book, so
1:14:30there isn't like
1:14:33an objective necessarily truth.
1:14:45I just like the interface Tanuki and
1:14:47also
1:14:49um
1:14:54their levels work out pretty good for me
1:14:55in the way that I trade, so
1:14:59I use them.
1:15:01And also full transparency, I now like
1:15:03kind of work with them, so
1:15:06take that as you want.
1:15:15Well, one of the one of the biggest
1:15:16reasons why I like Tanuki
1:15:20and I I swear this has nothing to do
1:15:22with the fact that I affiliate for them,
1:15:24but like
1:15:26one of because I was using this platform
1:15:28before I started talking to Tanuki, but
1:15:30one of the biggest things that I
1:15:32actually like about Tanuki over the
1:15:33other ones is the additional options
1:15:36data, so I like seeing
1:15:38like these things, right? Like the
1:15:40largest positive delta exposure, the
1:15:42open interest for calls or puts.
1:15:45And then call volume and then put
1:15:46volume.
1:15:48And then it stacks at the levels and
1:15:49then I really like their interface.
1:15:51Um
1:15:53it's pretty cool.
1:15:55And then hopefully pretty soon they're
1:15:56going to have this um
1:15:59they're going to have like a replay
1:16:00mode, which would be pretty dope.
1:16:03Uh but yeah, so
1:16:07I know a lot of futures traders use
1:16:09Mentour Q though. And Mentour Q
1:16:13is pretty good, too.
1:16:16And they have cool stuff for Mentour Q
1:16:17as well. Like they have their AI.
1:16:23And I think they're I think he they're
1:16:25working on
1:16:27better intraday updates for their
1:16:30levels, which would probably be pretty
1:16:31helpful. Um
1:16:34I do think it's pretty important that if
1:16:37we're looking at zero DT option
1:16:40gex
1:16:43yeah, they do have one day max and one
1:16:45day min. Um
1:16:48Tanuki has something very similar to it.
1:16:51It's based off of volatility.
1:16:54But, um
1:16:56I What I was going to say is I do think
1:16:57it's pretty important that
1:17:01you pay attention to how dealer
1:17:03positioning changes throughout the day
1:17:04because we're dealing with options data.
1:17:06So, then you have
1:17:09positioning changing closer to
1:17:10expiration.
1:17:13And if we're doing zero DTE, then the
1:17:15further we get into the day, the closer
1:17:17we are to expiration, and then dealer
1:17:19positioning begins to change.
1:17:27Yeah, I have a buddy of mine who, um
1:17:30uses the one day max and one day minimum
1:17:33levels
1:17:36a lot.
1:17:44SMTs
1:17:46Well, I wouldn't know. I don't really
1:17:47use those.
1:18:25Hey, if anyone has Mentour Q, what's the
1:18:26one day max at?
1:18:30What what price level?
1:18:50>> 30,955
1:19:17What about one day one day men?
1:19:21Where's that at?
1:19:4030,177
1:19:57Interesting.
1:19:59Well, thanks for telling me.
1:20:17Wait Marcus, why is yours different than
1:20:19what what this guy is saying?
1:20:2230,964
1:20:25is the max and 30,971
1:20:30or 30,168.
1:20:32Oh, it's kind of the same, though.
1:20:43What I'm trying to see is like
1:20:46because they base it off of volatility
1:20:48in option.
1:20:51Oh, you're using end of day.
1:20:56So, like I have this indicator I made,
1:20:58right?
1:21:02And it bases it off of historical data
1:21:04in terms of volatility. It's not using
1:21:06options data, it's just using historical
1:21:08futures data
1:21:09in terms of like deviations above and
1:21:11below
1:21:12um Asia session.
1:21:14And it's a rolling calculation. And so,
1:21:16I was just
1:21:18it's relatively same idea.
1:21:21Um just a different way of calculating
1:21:23it.
1:21:24But, the goal of what it's trying to do
1:21:25is kind of the same.
1:21:27So, I was just wondering where they are
1:21:29in relation. So, like your guys's levels
1:21:31basically sitting
1:21:33your minimum level is sitting in this
1:21:35area.
1:21:36And then, your max is like way up here.
1:21:42But, my max is like right here.
1:21:48So, I was just wondering
1:21:49how it kind of
1:21:52compares.
1:21:59Yeah, thanks, Marcus. I um
1:22:02I took like
1:22:04Well, I downloaded like
1:22:08I think it was like 18 years of open
1:22:09high low close data, but I only used
1:22:11like the past nine.
1:22:13And then, I calculated I created like a
1:22:16If you guys know what EdgeFull is, it's
1:22:18basically where you can like create
1:22:19reports. Well, I coded my own like
1:22:22report. I used I vibe coded it.
1:22:25Um and then, I just ran like a bunch of
1:22:28reports to determine what the mean and
1:22:30uh
1:22:31what the mean
1:22:33and median
1:22:35and average
1:22:37was
1:22:40in terms of how far above Asia high and
1:22:42how far below Asia low. And it's not
1:22:45symmetric, it's asymmetric, meaning that
1:22:48when we deviate below Asia low, we
1:22:50typically deviate further than we do
1:22:51when we deviate above Asia high.
1:22:54So, it's different than just drawing
1:22:55static fib levels off of Asia's Asia's
1:22:57range.
1:23:01But, it's trying to basically locate
1:23:03like the
1:23:05statistical volatility, right?
1:23:08On how far a daily candle will typically
1:23:11expand.
1:23:17But, what um Mentour Q's doing is they
1:23:20use options data, probably open
1:23:23interest, and um
1:23:29however else they're doing it to
1:23:31determine
1:23:33basically what's how far will is it
1:23:35likely to expand, which is kind of
1:23:37same thing. But, they're probably
1:23:42a more sophisticated and obviously
1:23:43better than the way that I did it, but I
1:23:45was just wondering how they lined up.
1:23:50Even though their calculation methods
1:23:51are completely different.
1:23:59So, we're kind of not really doing much,
1:24:01to be honest, today. Like, we had some
1:24:02clean price action. Um
1:24:06There really wasn't much of an
1:24:07opportunity.
1:24:10So, that's why I've just been kind of
1:24:11sitting here yapping.
1:24:18I tried to force a trade right here.
1:24:20We're We're watching us potentially make
1:24:22this leg up.
1:24:24Um
1:24:26I know I said that I was looking for us
1:24:28to
1:24:30push down, sellers fail, and then
1:24:34push up, but I don't like how that
1:24:36actually looks.
1:24:38I'm not necessarily convinced in that,
1:24:40so
1:24:42just kind of sitting here.
1:24:45Volume is still okay, though. We're
1:24:46still above what my minimum threshold
1:24:49is.
1:24:50It's the only reason why I'm still
1:24:51sitting here, but it is kind of slower.
1:24:59But, there may
1:25:01honestly be pretty good chance that I
1:25:02just I really don't take another trade
1:25:04today.
1:25:06Just save it for tomorrow. What type of
1:25:08news do we have? We have news all week,
1:25:09huh?
1:25:14Let me go look.
1:25:30Okay, we have some news tomorrow.
1:25:34We have a
1:25:35unemployment claims,
1:25:37and then NFP on Friday, all right? Yep.
1:25:44Well,
1:25:51hopefully we get some nice moves on,
1:25:53and we don't have to waste our capital
1:25:55trading this, right? Uh
1:26:00Unless we see something.
1:26:07But, we're kind of seeing nothing.
1:26:33>> Oh, you said you're using they're using
1:26:34open interest weights with volume. Yeah,
1:26:36that makes sense.
1:26:38On how they're calculating it.
1:26:43That's cool though. That's cool.
1:27:09Mhm.
1:28:01To ES.
1:28:02What happened to ES?
1:28:05Yo.
1:28:07Dude, imagine getting hit with that
1:28:08wick.
1:28:10Yo.
1:28:12That's
1:28:13Dude, that's got to be a tr-
1:28:16No, [laughter] dude, that's got to be
1:28:18like a TradingView glitch. If this is
1:28:20legit
1:28:22No, there's no way.
1:28:30Yo, there's no way that's legit, dude.
1:28:37Here, let me actually let me let me
1:28:38look.
1:28:41Let me let me look at my data.
1:28:54No, yeah. No.
1:28:58You guys here.
1:29:01Uh
1:29:03Look over here.
1:29:04Is it that's that's not real.
1:29:07That's not real.
1:29:09Dude, that would be crazy.
1:29:13>> [laughter]
1:29:16>> No, that would like be [ __ ]
1:29:22That's just a TradingView thing.
1:29:27So, we're having we're
1:29:29we're watching sellers try and push
1:29:31lower and they're failing, but
1:29:35and this could potentially be
1:29:37the beginning of that push to three to
1:29:3930,660.
1:29:53Yeah, if you're hold if you were swing
1:29:54trading a position, imagine.
1:29:58Swing trading a position on ES and then
1:30:00it just comes down and wicks you like
1:30:01that.
1:30:04Dude, the crypto market did that one
1:30:06time
1:30:08uh certain brokers
1:30:10where people got their positions
1:30:12liquidated with a nasty wick like that
1:30:15for Bitcoin futures.
1:30:29Yeah, this is a pretty good sign for us.
1:30:31This is we just totally rejected this
1:30:33order and this pressure pushing on the
1:30:35downside.
1:30:4440K Bitcoin, dude. I've been holding
1:30:48I need crypto to go up, dude.
1:30:51I've been holding my crypto
1:30:53with [ __ ] diamond hands, dude, for
1:30:56like
1:30:586 years.
1:31:01I'd have been better off in the S&P 500.
1:31:07It's painful. I just watch it go up. I
1:31:09actually don't really look at it much
1:31:10anymore.
1:31:11I haven't been since like 2022.
1:31:15But I just watch it go up and go down
1:31:17and go up and go down.
1:31:20Go up and go down.
1:31:22I don't hold any Bitcoin though, but
1:31:28But yeah.
1:31:29All right.
1:31:31This is going to be an opportunity to go
1:31:33long.
1:31:46If we pull back a little deeper without
1:31:47making a wick above, I actually might
1:31:49take that.
1:31:56It's the new 15-minute.
1:31:59I would like it to pull back further
1:32:02without a wick.
1:32:07Cuz there is no wick. We just opened up
1:32:09and
1:32:12All right, never mind.
1:33:38All right, so we're seeing them put try
1:33:39and push again.
1:34:02>> The 15 minutes kind of
1:34:06The POC of the previous 15-minute candle
1:34:08is sitting right at like 595.
1:34:32So what what when we kind of tap back
1:34:34into this area, I'm going to see what we
1:34:36do.
1:35:19We had selling pressure step in here and
1:35:20fell. We're having a little tiny bit of
1:35:22selling pressure.
1:35:25Not a tiny bit, but
1:35:30I don't know. I think if we see failure,
1:35:32we're probably coming up to make another
1:35:34high.
1:35:58>> Well, here's the problem now. The
1:36:00problem is that we're basically below my
1:36:03minimum threshold for volume. So, oh.
1:36:07We're at it.
1:36:09We're literally at it. If it's below
1:36:1120,000, I usually just stop.
1:36:15We are pretty close to the um
1:36:18new hourly open.
1:36:40Dude, why does it do that?
1:36:56The hourly.
1:37:44I'm like kind of tempted to try and long
1:37:46it, but I don't think that I should.
1:37:49I feel like the volume is too low right
1:37:51now.
1:38:02Thanks, AR.
1:38:04I try.
1:38:07Ah, dude, I'm so tempted to long it.
1:38:08We're strugg- like sellers are just
1:38:10absolutely struggling to push lower.
1:38:13And I still believe we're going to 660.
1:39:12What do you guys think? You guys think
1:39:13we should just stop?
1:39:18I think this is going to 660 right now.
1:39:21I'm just hesitating on actually trying
1:39:22to take it because it's not a real entry
1:39:24model for me.
1:39:28Um
1:39:33Nah.
1:39:34We're going to We're going to practice
1:39:36some
1:39:37We're going to practice some good
1:39:38behavior and just let it go.
1:39:44Cuz I'm literally watching okay.
1:39:47The whole whole time, right?
1:39:50I said
1:39:51looking for us to come to 660
1:39:52realistically
1:39:55the best potential scenario is we roll
1:39:57back, we have sellers fail and then we
1:39:59start making our leg up.
1:40:02Now down here it's not as clean.
1:40:06And so we're just sitting here, right?
1:40:09Then we begin to see selling pressure
1:40:11step in. It it just totally fails,
1:40:14right?
1:40:15Pop up. Selling pressure steps in again,
1:40:18we're stalling stalling the entire 5
1:40:19minutes basically down here fails.
1:40:22And
1:40:26um
1:40:28but it's just like low volume, low
1:40:30participation. So it's better if you
1:40:32know, just honestly for me to
1:40:35already happened, yeah. Now it's yeah,
1:40:37now it's going up but
1:40:44we would just be like and then also the
1:40:46other thing I'm looking at is
1:40:50we would just be longing it like right
1:40:52into the level
1:40:54that I'm
1:40:55the risk to reward would be dog [ __ ]
1:40:57okay?
1:41:00It would just be terrible.
1:41:03I was getting FOMO there for a second.
1:41:08But it's probably a good idea
1:41:11to not mess up
1:41:14this account and encourage people to
1:41:16chase
1:41:18a long at the highs.
1:41:27Realistically like we had some pretty
1:41:29good um
1:41:32We had some pretty decent price action
1:41:33today to be completely honest.
1:41:37It was a little slower
1:41:38once we kind of came around this area,
1:41:40but for the most part
1:41:44very minimal chop. You know, like I know
1:41:46the 15-minute looks kind of nasty. I
1:41:48mean, this looks pretty nasty, but
1:41:51I mean, this is pretty clean.
1:41:56You know what I mean? Like you can't
1:41:57really
1:41:59can't really ask for much better than
1:42:01that. Compared to what we've been really
1:42:03getting recently,
1:42:05the chop off the opens which is which is
1:42:07just been brutal.
1:42:11Really not that bad today. Just didn't
1:42:13really offer a uh
1:42:15proper setup for me.
1:42:18And we so we ended up trying to force
1:42:19one like an idiot.
1:42:21Got lucky and hit break even.
1:42:28But yeah, so I usually I have a hard
1:42:30cutoff time at 8:00 a.m. because uh when
1:42:33I collect data on my trades,
1:42:35it usually shows that typically past
1:42:378:00 a.m. I know it's been changing a
1:42:39little bit because we've been having uh
1:42:41cleaner moves after
1:42:44the AM session.
1:42:46>> [music]
1:42:46>> Um but just in the past, like anytime I
1:42:48trade after 8:00 a.m., my
1:42:53my win rate, my expectancy, and my
1:42:55profit factor actually begin to drop.
1:42:57So,
1:43:00we're just going to call it a day.
1:43:02Bit of a slower session for me. Didn't
1:43:05really take a trade other than the one
1:43:07that we got lucky on.
1:43:09We'll just come back tomorrow.
1:43:11You know, today's not going to be the
1:43:12last day we can ever trade, so
1:43:15we'll wait for better price action
1:43:16tomorrow.
1:43:17And I'll catch you guys
1:43:20tomorrow.
1:43:21So, if you're going to continue to
1:43:23trade, just be careful. We have uh
1:43:24volume tapering off.
1:43:26We It might pick up as we go to take the
1:43:28take the highs.
1:43:30Um
1:43:31but participation's dropping. And we're
1:43:33also getting closer to lunch hour, so.
1:43:36All right, peace.

About this transcript

This page contains the full transcript of 🔴 Live NQ Futures Trading | Order Flow & Prop Firms by Christopher Creamer | Orderflow Trader, generated from the public captions YouTube serves with the video. The transcript has 8,558 words across 1,563 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.

What you can do with it

Use the transcript to take notes, quote the speaker, build a study guide, generate a summary with ChatGPT or Claude via the YouTube Summary tool, or export it as a timed subtitle file with YouTube to SRT. You can also re-open it in the transcriber to translate the transcript into 100+ languages.

Free YouTube transcript tool

YouTube2Text is a free YouTube transcript generator — no signup, no daily limit. Paste any YouTube link and get the full transcript instantly, with timestamps, click-to-jump, translation to 100+ languages, AI prompts for ChatGPT, Claude, and Gemini, and exports to TXT, SRT, VTT, or Markdown.