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

Full transcript

1. 0:03Yo,
2. 0:05good morning.
3. 0:11Good morning everybody.
4. 0:50What's up? What's up?
5. 1:00I'm just checking my um
6. 1:04Dude, I accidentally I was trying to
7. 1:06pass this rapid EOD account with my
8. 1:09funded futures
9. 1:12and I accidentally
10. 1:16made way too much over the consistency
11. 1:19roll. So,
12. 1:28I got to make another $500 on it this
13. 1:32morning.
14. 1:40All right.
15. 1:58Good morning.
16. 2:02So,
17. 2:07pretty large gap down, huh?
18. 2:12It was like over 300 points.
19. 2:17350 points on the gap down.
20. 2:40Typically when we have a gap this large,
21. 2:44I would be
22. 2:46really really surprised if we go and
23. 2:50fill that whole thing this morning.
24. 2:54Yeah, I don't know about that.
25. 2:58Probably won't even fill that till later
26. 2:59this week or depending on what happens.
27. 3:05It could stay there for a little bit.
28. 3:07Partial fill is a possibility.
29. 3:11Going for a full gap fill.
30. 3:16I don't think that that is going to
31. 3:17happen this morning.
32. 3:24So, we're opening up today in a negative
33. 3:26gamma environment. We're going to be a
34. 3:29little careful. We're seeing us push up.
35. 3:31I The first area I am watching for near
36. 3:34the open is going to be kind of around
37. 3:36this uh 950
38. 3:40950 area.
39. 3:44If we're able to actually accept above
40. 3:45it, then I'm looking for us to come up
41. 3:47into here.
42. 3:53Yeah, I did I did say I wouldn't be
43. 3:55streaming on YouTube.
44. 3:59Changed my mind. I'm gonna I just I
45. 4:02gotta It just bothers me that like all
46. 4:06of the existing past two weeks of
47. 4:09recordings on the live I got wrecked.
48. 4:14Can't I can't just leave it.
49. 4:17We gota we got to end it at least on a
50. 4:19good note. You know what I mean? I can't
51. 4:21just like
52. 4:25go on a losing streak and then just be
53. 4:26like, yo, like I'm getting off YouTube
54. 4:29and then that's just there forever. You
55. 4:31know what I mean? So,
56. 4:36but eventually I am going to stop on
57. 4:38YouTube.
58. 4:47Just delete them. No,
59. 4:50that's what a
60. 4:52That's exact That's exactly what I don't
61. 4:54want to do.
62. 5:01Yeah. Traders who get co compilation.
63. 5:03Yeah.
64. 5:06You know, it is what it is though.
65. 5:12this part. I mean, I can't sit here and
66. 5:15act like that didn't happen.
67. 5:18You know, it happened
68. 5:54Now, if we do end up dropping off the
69. 5:56open, I am paying attention to down here
70. 5:58because we have the put wall sitting
71. 5:59here currently
72. 6:01on Tanuki.
73. 6:24Uh yeah, Tanu when we do the when we end
74. 6:26up doing a contract change, Tanuki's
75. 6:30levels will adjust. Although there may
76. 6:32be like a few days of
77. 6:38where there's Tanuki's going to be on
78. 6:40the old contract and then I mean
79. 6:42different platforms will switch over at
80. 6:44different times but eventually it's
81. 6:45going to move over. Yes, it will
82. 6:47automatically move over.
83. 6:54Yeah, I did say I wasn't going to stream
84. 6:56here on Monday. Changed my mind.
85. 7:03We're gonna We have to end it on a good
86. 7:06note.
87. 8:06So, it should be interesting because
88. 8:08this week we have
89. 8:12the Fed meeting.
90. 8:14We have OPEX,
91. 8:17which is the the quarterly OPEX,
92. 8:21which means that we're also going to be
93. 8:23switching over on futures.
94. 8:28So hopefully this week will be
95. 8:30interesting. I'm hoping, you know what
96. 8:32I'm hoping is the past two weeks with
97. 8:33all the stuff going on with like the the
98. 8:38question question whether or not we're
99. 8:40going to rate hike and then after what's
100. 8:41happening, we're pricing it in pretty
101. 8:43heavily.
102. 8:45I hope it just starts acting somewhat
103. 8:48somewhat normal
104. 8:50[snorts]
105. 8:51because the [clears throat] opens past
106. 8:52two weeks have been
107. 8:56not the best. But
108. 9:02we'll see what happens. Hopefully things
109. 9:04get a little bit a little bit cleaner in
110. 9:06terms of New York price action
111. 9:09for Q4.
112. 9:14But this week should be interesting
113. 9:15though.
114. 10:15San achievement.
115. 10:47So again, if we're going to push up
116. 10:54first watching around here, if we push
117. 10:56past this, I'm watching here.
118. 11:02Can we tap into the gap today?
119. 11:05Maybe. Are we going to get a gap fill?
120. 11:08Probably not.
121. 11:15Once we get into the gap, am I going to
122. 11:17start trying to force a gap fill?
123. 11:18Absolutely not.
124. 11:23If that happens.
125. 11:25[snorts]
126. 11:45All right. Well, we have the open. Let's
127. 11:47see what happens.
128. 11:50I do need to actually I need to move
129. 11:53over. I'm gonna I need to pass this
130. 11:56account really quick.
131. 12:04Got to make 500 on it.
132. 13:22All right, I'm going to try and scalp
133. 13:24longs here for like 25 points
134. 13:29on the Eval
135. 13:36for a negative R to try and pass this
136. 13:38account
137. 13:48cuz I went over the consistency on it.
138. 13:50So, I have to basically get to like
139. 13:55I don't know like four a little bit over
140. 13:574K in profit on it.
141. 15:19The moment we push through this area, I
142. 15:20got to move it to break even because
143. 15:22we're
144. 15:29All right, I'm going to drop to break
145. 15:30even. We're going to see if it'll just
146. 15:34continue or snap back down. But I was
147. 15:37expecting that to happen actually a lot
148. 15:38faster. So,
149. 15:41we'll just wait.
150. 15:50we're seeing because we're seeing a lot
151. 15:51of buyers getting absorbed here. So, I
152. 15:53kind of want to just get out of it.
153. 16:08Have I done the rollover on NQ? No, I
154. 16:10have not.
155. 16:19Not yet.
156. 16:45The swimming pool cup.
157. 16:48We got a normal size cup today. A
158. 16:50swimming pool cup.
159. 17:26You know, it's kind of an interesting
160. 17:27open so far. We haven't really done
161. 17:29anything.
162. 17:45I need to look at something really
163. 17:47quick.
164. 18:23For any of you guys who are wondering
165. 18:24about like contract rollovers,
166. 18:27typically what I do is I go to the CME
167. 18:30website and I look at
168. 18:33um the volume and open interest and as
169. 18:37it begins to kind of like you'll notice
170. 18:39like after today. Let me see if you guys
171. 18:41can see this.
172. 18:44You see how it says the September
173. 18:45contract and it's current. This is for
174. 18:47MNQ by the way. But you'll start seeing
175. 18:50this number decrease this number
176. 18:52increase as well as the open interest
177. 18:54and it usually will adjust at the close.
178. 18:57So, I'll I was just looking at it right
179. 19:00now because this is actually pretty low
180. 19:02volume for an open.
181. 19:06Typically on on contract rollover weeks,
182. 19:08it takes a couple days for us to
183. 19:09actually roll over.
184. 19:12But I was wondering because it's such
185. 19:15low volume if I was potentially looking
186. 19:17at the wrong contract. But no, this is
187. 19:20correct for now.
188. 19:24Probably by Wednesday
189. 19:27is when you'll start seeing all the
190. 19:30volume roll over.
191. 19:42Long boy. Shorty.
192. 20:38So, I am going to just wait here until
193. 20:42we move
194. 20:45cuz
195. 20:49we're not really doing anything.
196. 20:54at least yet.
197. 20:57We'll see if we try and push down and
198. 20:59make our way towards the put wall or if
199. 21:01we push it up towards
200. 21:0529,000.
201. 21:18Did I get my Americana this morning?
202. 21:20Yes. Although I was busy this weekend,
203. 21:24so
204. 21:26I did a lot I was doing a bunch of
205. 21:27stuff.
206. 21:32Slightly tired.
207. 23:47giveaway, brother.
208. 23:51We've been here for 10 minutes, dude.
209. 23:55Let's wait. Let's wait a little bit.
210. 23:58Let's Let's see if we could see if we
211. 24:00could trade first.
212. 24:25the video that I made yesterday. Yeah.
213. 24:28You know what? I actually didn't know if
214. 24:30I should have posted that video or not.
215. 24:33I I was sitting on that video for a
216. 24:35while.
217. 24:39Just felt kind of weird posting it.
218. 24:43But
219. 24:45if you enjoyed it, I'm happy that you
220. 24:47enjoyed that video.
221. 25:05I need to watch it after August, PA.
222. 25:09Yeah, that's also why I just so you
223. 25:11know, I recorded that video before
224. 25:13August happened
225. 25:15and then I'm getting my butt kicked and
226. 25:18then I have that video just like sitting
227. 25:20around. I was like, you know what?
228. 25:24I should probably post it.
229. 25:27All right, so we're finally getting past
230. 25:30for now. We'll see if we hold past it.
231. 25:32Starting getting past uh the area we
232. 25:34were getting absorbed at the open.
233. 25:43We'll see if we can uh actually push
234. 25:46above this and start ripping it towards
235. 25:4829,000.
236. 26:03We're looking for an opportunity on this
237. 26:05EV out to scalp 25 points
238. 26:15so I can get this. Uh,
239. 26:18dude, I thought the consistency was 40%.
240. 26:21It's 30% on the eval for the rapid EODS
241. 26:25for MFF.
242. 26:31So, the balance is sitting at like 3,400
243. 26:33right now. I got to get it to like
244. 26:353,900.
245. 27:21The volume is pretty low this morning.
246. 27:26It's kind of interest. It's like way
247. 27:28lower than normal.
248. 28:02The put wall on Tanuki adjusted to being
249. 28:04right here.
250. 29:16Amen.
251. 30:20So, as we approach this, I'm seeing if
252. 30:23we're going to um
253. 30:27two things,
254. 30:29begin to establish the range,
255. 30:32potentially turn back around up here, or
256. 30:35if we're going to get above where
257. 30:36Tanuki's put wall has adjusted to
258. 30:40and start pushing upward towards towards
259. 30:43Asia highs and approaching the gap.
260. 31:03I was kind of expecting us to go up a
261. 31:06little bit. That's why I tried to go
262. 31:07long here at the open.
263. 31:10We didn't really do anything for a
264. 31:12little bit
265. 31:15and now we're just running it out with
266. 31:18no uh no pullback.
267. 34:36So again, just waiting see what happens
268. 34:39here. We do have um
269. 34:43we're approaching the 4our open
270. 34:49and right around here is where we're
271. 34:51tapping into um the ETH PC.
272. 35:07>> How am I? I'm doing all right. Thanks
273. 35:09for asking.
274. 35:58What up,
275. 36:17Thank you, bro. Hope you're doing Hope
276. 36:19you're doing well.
277. 36:24I'm seeing if we're about to hold this
278. 36:25area right here and then make another
279. 36:27attempt higher or if we're going to just
280. 36:30come back in
281. 36:32towards 28950.
282. 38:16Can I please stop playing background
283. 38:19music?
284. 38:23Sure.
285. 38:24If you guys want, if if YouTube wants,
286. 38:27it could be silent. I could turn it off.
287. 38:37How about this?
288. 38:44We'll do We'll do a poll.
289. 39:04It's just there. So, it's not silent
290. 39:12and it's also like,
291. 39:15you know, it's YouTube, so I'm trying
292. 39:17not to get like copyright strikes and
293. 39:19get my account taken down. So, there's
294. 39:21only so many songs I can technically
295. 39:23play.
296. 39:26And then this playlist, I've been using
297. 39:28it for basically like
298. 39:33a long time, so it doesn't give me any
299. 39:35issues.
300. 39:42The playlist. You guys want the
301. 39:44playlist? All right. Right now, I'm
302. 39:47waiting for the 4 hour open. We have
303. 39:48like a couple minutes until it opens up.
304. 39:50Two minutes.
305. 39:55Here. There you go,
306. 40:13bro.
307. 41:55The P wall is sitting right here. 29,000
308. 41:5915 on Tanuki.
309. 42:12Did I trade on Friday? Yes, I did.
310. 42:22I think we took I think we took like a
311. 42:24couple break evens during the New York
312. 42:25session and then I got off on the
313. 42:27YouTube stream and then we stayed in
314. 42:29Discord and I just scalped a winning day
315. 42:34for one of my fundeds.
316. 43:01I don't know. This might end up
317. 43:05>> No, we're going to pay attention. I
318. 43:06don't want to
319. 43:08I I don't want to jinx it,
320. 43:13>> but volume's pretty low this morning.
321. 43:21I don't really think I'm going to trade
322. 43:22my fundeds today, but I do want to see
323. 43:24if I can scalp 25 points to pass this
324. 43:27eval.
325. 45:52No, I had to move it. It's next week.
326. 45:53It's next. It's on the 28th.
327. 46:23So, I'm seeing if we're going to hold if
328. 46:25we're going to be able to hold above
329. 46:26this
330. 46:30for just the potential for us to try and
331. 46:33make another push higher.
332. 46:37So, I can try and scalp 25 points.
333. 46:41Although buyers are struggling There.
334. 47:17All right, I'm going to try it right
335. 47:19here. Just trying to
336. 47:22scalp 25 points
337. 47:25roughly.
338. 47:30See if we could break past this high.
339. 47:33There's a lot of order sitting up here,
340. 47:34so we do have to have kind of a lot of
341. 47:36aggression to be able to do that. But
342. 47:41I'm going to put a pretty tight stop.
343. 47:44Basically going for a one R.
344. 47:52And if we do push up and break past the
345. 47:54highs,
346. 47:56then I'll move it to break even. But
347. 48:05we'll see if we can actually get some
348. 48:08aggression that'll break past this area.
349. 48:29All right, I'm moving stop to break
350. 48:30even. We're going to hold and see if we
351. 48:32can pass this um
352. 48:34rapid EOD. Although the full the full
353. 48:37target, just so you know, I have to get
354. 48:38out here because it's where I pass the
355. 48:40EVO. But the full target, I'd be trying
356. 48:43to see if I could bring it up towards
357. 48:4429,100.
358. 48:53Okay, so we passed that EVO. I'm going
359. 48:55to sit here a little bit potentially.
360. 48:58Well, I'm going to look at my funded
361. 49:00accounts, but
362. 49:04that was
363. 49:06I I can't enter anything at this point.
364. 49:07I got to just wait until we get up here
365. 49:09to 29,100.
366. 49:14But if you're still holding that, I
367. 49:15would if you took that trade, I'd
368. 49:17recommend that you hold it and try and
369. 49:18see if we're going to push it towards
370. 49:2029,100.
371. 49:27and potentially trail stop behind
372. 49:29aggressive buying. If we continue
373. 50:23P&L is zero because I moved to a
374. 50:25different account.
375. 50:29We caught We caught a little bit. We c
376. 50:31we basically just scalped 25 points just
377. 50:34so I could pass that account.
378. 50:40>> [clears throat]
379. 50:48>> And then right now I'm just
380. 50:51I'm waiting to see if we're going to
381. 50:53continue up towards 29,100
382. 50:57and then I'm going to pay attention
383. 50:58again.
384. 51:03Currently seeing if I could activate
385. 51:04this account.
386. 51:23Yeah, because the only reason if you're
387. 51:25holding it, the the full trade idea
388. 51:27would have looked like this, but I but I
389. 51:31took it on the EVO stop below Tanuki's
390. 51:35put wall and then aiming for up here.
391. 51:42Potentially even front run it a little
392. 51:43bit. But
393. 51:47dude, how do I activate this?
394. 51:54Where do I go in my funed? I don't
395. 51:55really use my funded futures that much.
396. 52:00I forget. Where do you Where do you go
397. 52:01to
398. 52:03activate an account?
399. 52:11Oh, you got to wait till next day. Boo
400. 52:16boo.
401. 52:26[snorts] It activates itself. Okay. All
402. 52:29right. Well, then we'll have a that'll
403. 52:32that'll be a fun account to trade. We'll
404. 52:34try. We'll try and um
405. 52:41try and get past the buffer.
406. 52:44Then they got daily payouts.
407. 53:53So, as we kind of push up into here
408. 54:00up here, the reason why this is sitting
409. 54:02here is because this is not only
410. 54:05Tanuki's expected move, but it's also um
411. 54:11the overnight
412. 54:13the ETH value area high. So this is kind
413. 54:16of like
414. 54:18if we get above this, we're making our
415. 54:21way into the gap.
416. 54:24If we reject out of this, I would be
417. 54:26expecting us to come back towards here.
418. 54:30So we're going to sit here and we're
419. 54:31going to wait
420. 54:35and we'll see if there's an opportunity
421. 54:37to do something.
422. 54:39If not, then you know, volume's pretty
423. 54:42low right now.
424. 54:44It's been low all morning.
425. 54:54I I really don't like trading in um
426. 55:02like like really low volume
427. 55:04environments.
428. 55:06Fabriio,
429. 55:10it's because that account was to pass
430. 55:12like that. Like that was to pass the
431. 55:15account. So now it's passed. So there's
432. 55:19no reason in holding a runner.
433. 55:46Uh, I do still copy trade, but recently,
434. 55:49no,
435. 55:50I only copy trade when I'm doing pretty
436. 55:53well. Otherwise,
437. 55:56I don't copy trade because I need to
438. 55:58compartmentamentalize
439. 56:01the damage that I'm causing to my
440. 56:03accounts and not spread it across all of
441. 56:06them at the same time.
442. 56:15Oh, yeah. Sorry, Mike. I It's uh I'm
443. 56:18watching basically 29,100
444. 56:31And then so so basically to add the add
445. 56:34the price levels for you when we push up
446. 56:37into 29,100
447. 56:40I'm seeing if
448. 56:43we're going to actually start holding
449. 56:44above it to start entering into the gap
450. 56:48the new week opening gap or if we're
451. 56:50going to basically reject out of
452. 56:53and come back down towards the the put
453. 56:55wall
454. 56:57kind of around the 29,50 29,15
455. 57:01area
456. 57:23If we do push up into the gap
457. 57:27and I don't have a long entry before we
458. 57:31enter the gap.
459. 57:34I'm I'm going to just let it go.
460. 57:40I do not think we're going to We might
461. 57:44poke into it. Maybe. We might poke into
462. 57:47it and then drop back down. But
463. 57:51with how this morning's going, there's
464. 57:55got to be some type of catalyst or
465. 57:56something for us to even get to 50% of
466. 57:58this during the AM session.
467. 58:04This will probably
468. 58:09stay there for a couple days if I had to
469. 58:13take a guess. It's a guess
470. 58:25because it's a large enough gap to the
471. 58:26point where typically if you go back and
472. 58:28you look right when when the gaps are
473. 58:30really large and we if we don't fill it
474. 58:33directly off the bat during Asia
475. 58:39and and London
476. 58:42we'll probably just leave until later
477. 58:44this week.
478. 1:01:11Do I go to the gym? I used to until I
479. 1:01:15just turned into a lazy fart that just
480. 1:01:17sits in front of my computer all day.
481. 1:01:20I gotta go back though because here's
482. 1:01:23the thing.
483. 1:01:26[laughter]
484. 1:01:27So, I'm 6'2, so I'm pretty tall, okay?
485. 1:01:30But I'm also very skinny.
486. 1:01:35I'm not
487. 1:01:37take taking advantage of full potential.
488. 1:01:40So, I got to change that.
489. 1:01:46Although I do I do sit here all day, you
490. 1:01:48know, like
491. 1:01:51Yeah, I don't look 6'2 because I have a
492. 1:01:53camera that's sitting all the way up
493. 1:01:54here pointing down at me.
494. 1:01:59Okay, how do I do I not I guess you guys
495. 1:02:02don't know because you only see me when
496. 1:02:03I'm like sitting down.
497. 1:02:05I look five foot.
498. 1:02:10Yo, you guys think I'm five foot?
499. 1:02:18That's all right.
500. 1:02:22Short king energy.
501. 1:02:25Nah,
502. 1:02:30I'm I'm a rare breed. I'm a tall Asian,
503. 1:02:34but then again, I'm not full Asian, so
504. 1:03:10So, this was this was kind of what I was
505. 1:03:12looking for, but I wanted us to actually
506. 1:03:15push up into
507. 1:03:17I wanted us to push up higher,
508. 1:03:19but we we're coming back into the 29,15
509. 1:03:25area.
510. 1:03:26We'll see if we actually hold it. If we
511. 1:03:29lose it, then we may actually be coming
512. 1:03:31back towards 28,950.
513. 1:03:36It's just kind of slow this morning. So,
514. 1:03:39the good thing though is that it's not
515. 1:03:43at least it's moving enough to the point
516. 1:03:46where you can trade it and we're
517. 1:03:48slightly directional, right? Like at
518. 1:03:51least it's going somewhere.
519. 1:03:55It's just a little slow,
520. 1:03:58but I'd rather be like I'd rather it be
521. 1:03:59like this than there'd be a ton of
522. 1:04:01volume, very fast speed, and we are
523. 1:04:05whiplashing 100 point candles on the
524. 1:04:07five minute time frame back and forth,
525. 1:04:10not going anywhere.
526. 1:04:18Yo, Supre,
527. 1:04:23you don't have to spam your message,
528. 1:04:24bro.
529. 1:04:29How do you control your impulses during
530. 1:04:31a trade?
531. 1:04:34You're not going to like this answer,
532. 1:04:37but it's the truth.
533. 1:04:40Have some self-control, dude.
534. 1:04:49Isn't it embarrassing?
535. 1:04:51Isn't it Isn't it embarrassing to have
536. 1:04:53no self-control? Does that not bother
537. 1:04:56you that one of the biggest things
538. 1:04:58that's holding you back in trading is
539. 1:04:59that you can't get yourself to stop
540. 1:05:02yourself from having no self-control?
541. 1:05:05You're just clicking buttons and doing
542. 1:05:07random stuff.
543. 1:05:12It's like It's like come on, dude.
544. 1:05:16I know. I know it takes a while. I know.
545. 1:05:20I went through the same thing.
546. 1:05:23It's hard
547. 1:05:25because we're dealing with money.
548. 1:05:30But you just got to think to yourself
549. 1:05:32like
550. 1:05:35that out of all the things when we're
551. 1:05:37when we're like
552. 1:05:39operating in this
553. 1:05:42thing that we're doing, right? We're in
554. 1:05:44a probabilistic environment. There's a
555. 1:05:46bunch of uncertainty about day-to-day
556. 1:05:49activities.
557. 1:05:51There's only so many things that you can
558. 1:05:52have control over while we do this.
559. 1:05:57And one thing that you can control
560. 1:06:00in an environment where there's not a
561. 1:06:01lot of things you can control is you can
562. 1:06:04control your degenerate behavior.
563. 1:06:07So it's important to focus on that
564. 1:06:16because if you don't have that then
565. 1:06:18nothing else matters. You can learn all
566. 1:06:20the setups you want. You can learn all
567. 1:06:22the technical analysis you want. You can
568. 1:06:24learn whatever. I mean it's not going to
569. 1:06:25matter.
570. 1:06:34And like a lot of people are always just
571. 1:06:36focused on the wrong thing,
572. 1:06:38you know? They're like they're like
573. 1:06:40being a degenerate. They don't control
574. 1:06:41themselves. They're making a bunch of
575. 1:06:43emotional decisions and then they when
576. 1:06:45they go and they try and diagnose what's
577. 1:06:47going wrong, they think it's the
578. 1:06:48strategy. They think it's an entry. It's
579. 1:06:50like you're going to be
580. 1:06:54chasing your tail around.
581. 1:07:31So, we're pushing below here. There's
582. 1:07:33[clears throat] so far not really an
583. 1:07:35entry that
584. 1:07:38that I'd want to take, but there is a
585. 1:07:40chance that we see us push it back
586. 1:07:43somewhere into here.
587. 1:09:54Yeah, the YouTube chats there's uh
588. 1:09:58background music 58% yes, 42% no.
589. 1:10:03Well, you know what?
590. 1:10:08I don't mind turning it off. I don't
591. 1:10:11mind. Just so you guys know, when I
592. 1:10:12start in the morning and I have it on, I
593. 1:10:15mute it on my end. I don't even want to
594. 1:10:16listen to it.
595. 1:10:20I don't I don't even listen to it.
596. 1:10:25So, and the the Discord doesn't hear it.
597. 1:10:29So, Discord sits here in silence with
598. 1:10:30me.
599. 1:10:56Well, I listen to music.
600. 1:10:58I listen to my own music
601. 1:11:01while I trade.
602. 1:11:07And and actually if I'm not streaming, I
603. 1:11:11h I put these on.
604. 1:11:15I put these on and I and my Bose my
605. 1:11:18Bose's headphones
606. 1:11:20if if I'm not streaming
607. 1:11:23or talking because usually when I'm
608. 1:11:25trading I'm not talking.
609. 1:11:28But we're streaming so I'm over here
610. 1:11:31yapping.
611. 1:11:46Technically, we're below my threshold
612. 1:11:47that I set for myself in terms of volume
613. 1:11:50per five minute candle where I just
614. 1:11:51don't trade anymore. But
615. 1:11:57we're giving it a chance.
616. 1:12:05Although we are approaching my time cut
617. 1:12:06off
618. 1:12:08that I have for myself
619. 1:12:26uh Stratton Oakmont typically for the
620. 1:12:27New York AM session with if volume so I
621. 1:12:30have cluster statistics here, right? Top
622. 1:12:33is volume. If volume is below 20,000
623. 1:12:37contracts on the micros
624. 1:12:40per five minute candle traded,
625. 1:12:44I usually don't trade that.
626. 1:12:49But today, it's actually moving pretty
627. 1:12:50decently. It's a little slow, but
628. 1:12:55it's not terrible.
629. 1:13:56Yo, Santa, I see you sending your
630. 1:13:58message over and over again. You keep
631. 1:14:01asking me to do something and I haven't
632. 1:14:03replied to you
633. 1:14:05in in in uh YouTube stream language that
634. 1:14:08my answer to that is no.
635. 1:14:11[snorts]
636. 1:14:57Oh, rocket is here.
637. 1:15:02Bias. Well, right now, if we're going to
638. 1:15:05stay below this area, I'm expecting us
639. 1:15:07to drop back down in here. I think
640. 1:15:11this session if we end up losing 9 uh 28
641. 1:15:14950 again this will probably be high a
642. 1:15:16day.
643. 1:15:24Yeah, I'm seeing if we're going to hold
644. 1:15:26it somewhere around this area
645. 1:15:29and try and push it back up towards
646. 1:15:3129,100.
647. 1:15:33We're going to hold it around the 950.
648. 1:15:39But if we lose 20 or 28,950 and we start
649. 1:15:42dropping lower, this is going to I would
650. 1:15:44assume this is going to be high day if
651. 1:15:47we build value again back down here. Not
652. 1:15:51high day, but high of the session
653. 1:15:52because
654. 1:15:54technically this is high day.
655. 1:16:08But if we get back above this,
656. 1:16:12this area here sitting around 29,15,
657. 1:16:17I could look for a long and hold it on
658. 1:16:21the funded to see if we approach the the
659. 1:16:24gap.
660. 1:18:36So, as we approach the 950s,
661. 1:18:4028 950, I'm seeing if we're going to
662. 1:18:42hold it or not.
663. 1:18:51We can overshoot it a little bit, but
664. 1:18:53I'm going to see if we actually build
665. 1:18:54value back down here.
666. 1:19:09If we do,
667. 1:19:11I would kind of assume this is going to
668. 1:19:14be the high of the session,
669. 1:19:17but we'll see.
670. 1:20:04What's up? Change here.
671. 1:23:17If we do try and push past this and
672. 1:23:20fail. And if
673. 1:23:23I do end up entering into a long
674. 1:23:25position,
675. 1:23:32the first area that we would actually
676. 1:23:34have to get past again if we're going to
677. 1:23:36really continue higher is around here.
678. 1:23:46But if it doesn't look good, then we
679. 1:23:48will just I'll probably just stop for
680. 1:23:51the day. We already scalped scalped a
681. 1:23:54little little win on the other account.
682. 1:23:59And then if we lose this area here,
683. 1:24:04my guess is that this is high of
684. 1:24:06session.
685. 1:24:09And I would This is the last area I'm
686. 1:24:11watching for the morning.
687. 1:24:15Low volume, not a lot of participation.
688. 1:24:19Kind of hungry. Might go get some
689. 1:24:22breakfast.
690. 1:24:48Do I trade on lower time frames? Yes.
691. 1:24:51This chart here, these are volume based
692. 1:24:54charts.
693. 1:24:58This is a
694. 1:25:01where is it at?
695. 1:25:04This is a one minute chart.
696. 1:27:09If we rip it up from here and we miss
697. 1:27:10our zone, then it is what it is.
698. 1:28:16All right. Well, we were saying if we
699. 1:28:18would get down a little bit deeper. We
700. 1:28:20kind of started making the move up
701. 1:28:22before it.
702. 1:28:26I don't want to at this point. And if it
703. 1:28:29comes back down here, I probably
704. 1:28:30wouldn't try and long it. But
705. 1:28:40Dilson, I don't use um
706. 1:28:44I don't use fair value gaps or inverse
707. 1:28:46fair value gaps. So
708. 1:28:52that's not why.
709. 1:28:54But I'm probably just going to stop
710. 1:28:56trading for the day. So, just a little
711. 1:28:58recap,
712. 1:29:01low participation, low volume. I'm going
713. 1:29:04to wait until tomorrow. I'm going to
714. 1:29:05keep an eye on uh the open interest and
715. 1:29:07the volume on the contract rollover.
716. 1:29:11Usually, it's like Tuesday or Wednesday
717. 1:29:14we start seeing it really start moving
718. 1:29:16over.
719. 1:29:31We ended up trading this account to pass
720. 1:29:33it. We just took a quick scalp once we
721. 1:29:35started holding above where the call uh
722. 1:29:37where the put wall adjusted to. We were
723. 1:29:40looking for us to come up to 29,100
724. 1:29:43and then if we were going to reject out
725. 1:29:44of it, we were looking first to come
726. 1:29:46back to here. If we lose this, come back
727. 1:29:49to here.
728. 1:29:51what we did it a little early and then
729. 1:29:54we're doing it a little early on the
730. 1:29:56long opportunity that I was looking at.
731. 1:30:00So, I'm just going to call it a day.
732. 1:30:04So, Discord staying here because we're
733. 1:30:06going to do a giveaway. Unless you don't
734. 1:30:08want to give away, then you can leave.
735. 1:30:10But I'm going to give away an account
736. 1:30:12today.
737. 1:30:14YouTube.
738. 1:30:16I'll catch you later tomorrow.
739. 1:30:22I'll see you guys later, YouTube. Peace.