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

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1. 0:04Yo, what's good?
2. 0:28What up, Mr. Durant?
3. 0:38>> [snorts]
4. 0:56>> Yeah, spaghetti was giving out some fire
5. 0:58signals, some bangers.
6. 1:08Oh, yeah.
7. 1:12Well, hopefully he was killing it.
8. 1:16I know that he was long last night.
9. 1:23You said you were uh
10. 1:25giving out some bangers.
11. 1:45It's pretty crazy that we gap down and
12. 1:46we already went up um
13. 1:52and came to like 50% already.
14. 1:59If we continue up, then I'm going to be
15. 2:00watching for the upper like quadrant.
16. 2:08I'm expecting us to take pre-market
17. 2:09highs, but
18. 2:13we'll see what happens after that.
19. 2:16There's really not like a ton of
20. 2:18structure to work with. We kind of just
21. 2:20came up, had one decent-size pullback
22. 2:24pre-market.
23. 2:30So, we'll just have to wait and see.
24. 3:23So, we're just going to chill. We're
25. 3:24going to wait.
26. 3:26We're going to wait for market open.
27. 3:33I need to
28. 3:37Dude, I need to get the balance up for
29. 3:43for this account right here.
30. 3:46It technically has four winning days on
31. 3:48it. It's my Alpha funded account.
32. 3:52But, the balance is just too low.
33. 4:06And what's whack too is like so I wanted
34. 4:08to copy trade it today, but
35. 4:12Trade Copia doesn't allow DX feed. Oops.
36. 4:16Doesn't have DX feed and that Alpha
37. 4:18account is
38. 4:19DX feed right now, so
39. 4:29I won't be able to actually copy trade.
40. 4:30I got to trade it separately.
41. 4:37>> [snorts]
42. 7:07>> Although they they uh
43. 7:09>> [clears throat]
44. 7:10>> the straight up order moves blockade
45. 7:13starts at
46. 7:157:00 [music] a.m. Pacific Standard Time.
47. 7:18They have it as a red folder news
48. 7:21event.
49. 7:22Which I think that's kind of weird.
50. 11:13>> We're about to take the pre-market
51. 11:14highs.
52. 11:16>> [clears throat]
53. 11:16>> I want to see if we're going to come
54. 11:17back down though. [music]
55. 11:20I would prefer if we came back down
56. 11:22rather than just
57. 11:25pumping.
58. 15:30All right, since we took this high at
59. 15:32market open,
60. 15:34what I'm going to be [clears throat]
61. 15:34watching for is um
62. 15:41I'm going to see if we actually
63. 15:43make our way back down like uh
64. 15:47have a retracement and then whether or
65. 15:48not we're going to bounce back up or if
66. 15:50we're going to start accepting lower
67. 15:51taking out these lows these lows and
68. 15:53then I'm watching 25,000.
69. 16:18But if we do one of these like if we
70. 16:19just open up and just kind of
71. 16:24run up here,
72. 16:27then I mean I'd probably
73. 16:31have to sit on the sidelines for that
74. 16:33one.
75. 16:34So, I hope that doesn't happen, but
76. 16:37it's always a possibility.
77. 20:07>> All right, we're about to have market
78. 20:08open. Let's see what we do.
79. 20:37I'm watching this area right here to see
80. 20:40if we're going to come up here and turn
81. 20:42around or if we're going to just like
82. 20:44start slamming
83. 20:46slamming through this area basically.
84. 22:09I'm going to try and actually probably
85. 22:12take a short right here, but I'm going
86. 22:13to use really small size, um
87. 22:17I'm going to go three micros. I might
88. 22:19add into it, but
89. 22:22I'm going to be putting a stop at 260 up
90. 22:25here.
91. 22:34And I'm just going to be looking for us
92. 22:35to
93. 22:36um
94. 22:41come back down towards like
95. 22:43150 120 area.
96. 23:11It does kind of require a larger stop
97. 23:13loss, so that's why I'm only in three
98. 23:14micros, but um
99. 23:17yeah, we'll see if it wants to come back
100. 23:19down. I mean, we tried to push up at the
101. 23:21open and then there was just like no
102. 23:23[clears throat] follow through.
103. 23:28So, we'll see if we rotate, but
104. 23:41it really just what really matters at
105. 23:43this point is watching this 5-minute
106. 23:45close. Needs to have a pretty
107. 23:48bearish close and then we're going to be
108. 23:49watching for the
109. 23:53the next 5-minute candle.
110. 23:56Depending on how this closes though,
111. 23:58what I might do is I might tighten the
112. 24:00stop to go right above
113. 24:03this 5-minute candle.
114. 24:40No, I'm using ATAS, Jordan.
115. 24:58Well, that's not This is not going to be
116. 25:00a good close for our short for the
117. 25:025-minute.
118. 25:13It's kind of a
119. 25:15slower open. We really didn't do
120. 25:17anything.
121. 25:30I'm actually going to tighten the stop
122. 25:33on this.
123. 25:36Just to above the above the high right
124. 25:38here. So, I'm only going to risk like
125. 25:40$160.
126. 25:46And this candle opened without a wick,
127. 25:47which is kind of concerning. I think it
128. 25:49might slam back up, so
129. 25:53if we do start getting a push lower,
130. 25:55I'll probably have to move it to break
131. 25:56even because
132. 25:59I don't want us to like come down here
133. 26:01and then slam back up higher.
134. 26:21Yeah.
135. 26:24We're not really going lower. I'm just
136. 26:25going to get out of this if it comes
137. 26:27back up.
138. 26:30I wanted to I want to see us have like a
139. 26:33stronger reaction down or like a faster
140. 26:35push, but if we're going to just kind of
141. 26:37like
142. 26:39mess around in this area, then
143. 26:42I would kind of just prefer not to even
144. 26:44be in this trade anymore.
145. 28:23So, we're going to hope that this
146. 28:24doesn't come up to go make a wick at the
147. 28:27top because there is no wick at the top
148. 28:28of this 5-minute.
149. 28:32Usually when we're trying to look when
150. 28:34I'm trying to look for a reversal, I'd
151. 28:36rather have this candle
152. 28:38for one, have a wick.
153. 28:41And for two,
154. 28:43at least wick above the previous candle.
155. 28:49So,
156. 28:50makes this candle very suspicious.
157. 28:53That's why I moved it to a break even.
158. 29:06And then if we just if we get stopped at
159. 29:08break even, then I'll just uh
160. 29:10I'll probably wait until we get closer
161. 29:12to like the 4-hour open.
162. 29:30How far did we go down though?
163. 29:3640 points.
164. 29:56>> Yeah, this is not looking very good
165. 29:59for our break-even stop.
166. 31:26Dude, is it just me or does this feel
167. 31:27like incredibly slow right now?
168. 31:31The market open just feels like really
169. 31:34lethargic.
170. 32:15Well, that's good Maggie move.
171. 32:18I'm trying to see if I can hold this and
172. 32:20it'll pick up speed to the downside,
173. 32:22target these orders, and then
174. 32:25I'll be done with these accounts. I'm
175. 32:26already up 400 bucks on the uh
176. 32:29the Express account, but right now I'm
177. 32:31copy trading two funded accounts.
178. 32:34It's this Express and then the Lucid.
179. 32:45Order filled.
180. 32:47All right, I think I'm just going to
181. 32:48wait a little bit.
182. 33:27I'm hoping that at least by the time the
183. 33:294-hour opens that we start
184. 33:32doing something cuz
185. 33:39cuz if we're going to literally not go
186. 33:41anywhere, then
187. 33:45we'll probably just stop trading for the
188. 33:47day.
189. 34:42It literally came up like right to my
190. 34:44break-even.
191. 35:19The 15 minutes going to close pretty
192. 35:21bearish though.
193. 36:07This is going to This is going to come
194. 36:09down to my
195. 36:11to where I had my TP.
196. 36:28That's awesome, bro.
197. 36:30I'm glad
198. 36:32it helps out.
199. 36:38So, the idea was we were going to push
200. 36:39down towards this Oh, you guys can't see
201. 36:41it. The idea was we were going to push
202. 36:43towards this area.
203. 36:48But, there's just like
204. 36:52for one, the volume's kind of low, and
205. 36:54then two, it's kind of slow.
206. 36:58Which is interesting.
207. 37:57You said positive gamma environment on
208. 37:59what?
209. 38:01Cuz we're in negative gamma on
210. 38:04QQQ
211. 38:06and NQ.
212. 38:27See.
213. 38:46Hm.
214. 38:57Oh, also, what contract are you looking
215. 38:59at? Are you looking at zero DT?
216. 39:01Because for the
217. 39:04the weekly and the monthly, we are in
218. 39:05positive.
219. 39:06But, zero DT is uh
220. 39:09negative.
221. 39:21This is nasty.
222. 39:33No, it hasn't changed. Um
223. 39:38Damn, this shit's pumping. It hasn't
224. 39:40changed. The only purpose of me showing
225. 39:42it on one side of the the bid or the ask
226. 39:45was just to explain it, but I use
227. 39:49the volume.
228. 39:50I still pay attention to it, but
229. 40:13Right, but what you're looking at on on
230. 40:15your Okay. So, Bessie wait
231. 40:18or busy or Bessie, my bad.
232. 40:22That screenshot you you just sent is a
233. 40:25timestamp from
234. 40:29yesterday.
235. 40:36So, gamma the gamma is going to change.
236. 40:41Especially before market open.
237. 40:45So, you're looking at 15:59 EST.
238. 40:51From yesterday.
239. 40:56Well, this is random. We literally do
240. 40:59nothing and then out of nowhere
241. 41:02we just
242. 41:04start moving.
243. 41:06We're heading up to the gap fill.
244. 41:20I think with Mentour Q by the way, when
245. 41:23they post like screenshots and
246. 41:25timestamps, so you would need to scroll
247. 41:29down
248. 41:31to get the most recent
249. 41:34levels.
250. 41:35Otherwise, you're going to be looking at
251. 41:37like
252. 41:37old levels.
253. 41:49Cuz this is what it looks like. This is
254. 41:50zero DT
255. 41:53for
256. 41:55QQQ right now, basically. Well, this is
257. 41:57showing it with NQ prices, but
258. 42:30Oh, it's
259. 42:32the one I use called Tanuki Trade.
260. 42:38You can get a free trial if you use code
261. 42:40never flat like the
262. 42:42name of the server. It's like 7 days.
263. 42:45They got a They got a good platform.
264. 42:47They show a lot of good info.
265. 43:05Yeah, no problem.
266. 43:16Yeah, they have a discount right now
267. 43:17going on.
268. 44:39Dude, that's weird.
269. 44:41It's moving kind of weird right now.
270. 44:44Yeah.
271. 44:45Yeah, that's the order flow platform I'm
272. 44:46using.
273. 45:17Um it's not Bookmap, but it is a
274. 45:19liquidity heat map.
275. 45:37I think I'm going to wait for this
276. 45:384-hour open.
277. 45:42But honestly
278. 45:44we're moving a little weird this
279. 45:46morning, so I'm kind of like
280. 45:51more likely to be
281. 45:53a little more passive cuz
282. 45:56for the first 15 minutes we were stuck
283. 45:58in like a 60-point range.
284. 46:01It wasn't going anywhere and then we
285. 46:03have a massive pump.
286. 46:06And then we're just like
287. 46:08back to kind of doing nothing again for
288. 46:11the time being.
289. 46:12So, we're going to see if the
290. 46:144-hour open is going to
291. 46:17pick up some speed.
292. 46:24But if it doesn't, then I'll probably
293. 46:26just stop trading.
294. 46:29Cuz we're up
295. 46:31uh
296. 46:31like 400 bucks on um
297. 46:35on the Express account and then
298. 46:39we haven't traded the Alpha account.
299. 46:43And the Lucid account's up like $7 from
300. 46:46that break even, so.
301. 46:48Or after commissions, it's probably
302. 46:50break even.
303. 47:10Although for whatever reason they have
304. 47:12like that blockade of the straight.
305. 47:15It has a red folder news
306. 47:18at the 10:00 a.m. Eastern candle, so.
307. 47:22I wonder if that's going to
308. 47:24even do anything.
309. 47:30I wouldn't really know why that would do
310. 47:32something, but
311. 47:36I guess we're going to find out.
312. 47:43Yeah, like if everyone knows that the
313. 47:45that we're about to that that's about to
314. 47:47happen, right?
315. 47:49And it's not something that's like based
316. 47:50off of data,
317. 47:53then why does it matter? Like why is it
318. 47:55a red folder
319. 47:57event?
320. 49:21Although I'm kind of imagine I'm kind of
321. 49:23imagining at this point we're just going
322. 49:25to continue to go higher.
323. 49:33But I don't I don't really know, to be
324. 49:35honest.
325. 52:25I'm probably going to give it like 15
326. 52:27minutes, but to be honest, if we're
327. 52:28going to keep like
328. 52:30having this like
329. 52:34slower movement.
330. 52:38I'm probably just going to wait for
331. 52:39tomorrow
332. 52:41before I
333. 52:45ruin
334. 52:47if I ruin today basically.
335. 52:59Especially if we're going to do some
336. 53:00like
337. 53:02slow grind up I hate that
338. 53:05price action.
339. 53:08So, if we start doing that, I'm just
340. 53:09going to
341. 53:13call it a day.
342. 53:16Try again tomorrow.
343. 53:18At least we're up on one account.
344. 53:21I would hate to I would hate to
345. 53:23basically give
346. 53:25profits back
347. 53:28and then not really have the volatility
348. 53:32or opportunity to
349. 53:37take another trade if I did take a
350. 53:39trade, but there's nothing for me to
351. 53:40take right now. Like there's nothing
352. 53:43we're kind of just
353. 53:49doing whatever.
354. 55:10All right, honestly
355. 55:13honestly, I'm just going to I'm just
356. 55:15going to stop for the day.
357. 55:18This is this isn't what I want to really
358. 55:20be trading.
359. 55:21So,
360. 55:23I'm just going to end the day up like
361. 55:24400 on the Express and then the other
362. 55:27accounts are going to be at break even.
363. 55:31I don't really think it's a good idea
364. 55:32for me to
365. 55:34trade this.
366. 55:35What I'm going to
367. 55:37what I'm going to actually prefer and
368. 55:39wait for is
369. 55:42I'm going to let today do whatever it
370. 55:43wants to do
371. 55:45and then we're going to wait for Asia
372. 55:47and London and then hopefully at that
373. 55:49point we have better structure
374. 55:52that I can go off of.
375. 55:54And then hopefully this gap is just
376. 55:56filled in
377. 55:58I don't got to worry about it.
378. 56:00And then we'll just try and trade
379. 56:01tomorrow.
380. 56:04Cuz right now it's just kind of like
381. 56:06slowly grinding up.
382. 56:10And I prefer just not to even trade
383. 56:12that.
384. 56:14So, we'll just end it here. Kind of a
385. 56:16early one and we didn't really do much.
386. 56:18We took one position that went like 40
387. 56:19points in the profit and then came back
388. 56:21to break even.
389. 56:23But, it's fine.
390. 56:25So, I'll catch you guys tomorrow.
391. 56:28Peace.