Locked in $5k payout but 1 BE trade during NY |🔴 Live NQ Futures Trading | Order Flow & Prop Firms — Transcript
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- 0:16All right,
- 0:18another Hey,
- 0:31[snorts]
- 0:46heat.
- 1:16So Today,
- 1:19today I want to
- 1:22Today's a little weird. So,
- 1:26we have
- 1:29tomorrow um
- 1:33we have non-farm payroll on a Wednesday.
- 1:40So, usually that comes out on a Friday.
- 1:43And sometimes what happens with non-farm
- 1:46payroll when it is on a Friday is the
- 1:49Thursday that's like right before it
- 1:51sometimes is kind of like choppy
- 1:54because non-farm payroll is like one of
- 1:56the biggest um
- 1:59it's like a really important news red
- 2:02folder news there's like a handful of
- 2:03important red folder news and NFP is one
- 2:06of them. So
- 2:10we kind of consolidated all
- 2:14overnight, the entire overnight session.
- 2:19So, I would like to see us continue to
- 2:21push higher
- 2:24on a higher time frame. I want to see us
- 2:26come up here uh to take out 25
- 2:30514
- 2:31and push somewhere into this area. And
- 2:34then I'm going to be watching to see if
- 2:36we're actually going to at that point
- 2:39uh like continue up
- 2:41or if we're going to start turning
- 2:42around up there.
- 2:46So today I'm still looking for us to go
- 2:49higher. Now, in the event that we drop
- 2:52off the open,
- 2:55I am going to be watching this area to
- 2:57see if we can get a bounce back higher
- 3:01or
- 3:03if we just fall. If we start getting
- 3:05below this area, then longs are just
- 3:07totally off the table and I'm no longer
- 3:09looking for us to go higher. So,
- 3:18we'll see what happens at the open.
- 3:38We are kind of just like pumping right
- 3:40now. But
- 3:44I actually need to set an alarm real
- 3:46quick for uh
- 3:49news
- 3:50because I can't trade it on my other
- 3:52accounts.
- 3:58Oh, wait. Is there news today?
- 4:02No.
- 4:06No, we're good.
- 5:16The good news is that last night I did
- 5:17trade this uh this account. So, we have
- 5:21a
- 5:24payout that we could take at the end of
- 5:25the day. I'm hoping that
- 5:28for whatever reason I don't get moved to
- 5:30live before I could take my payout. Or
- 5:32else I would be extremely sad
- 5:39because technically this will be the
- 5:41seventh payout on this account.
- 6:11So, we'll see what happens. I am going
- 6:12to be careful though in case we start to
- 6:14chop today.
- 6:36You have it.
- 6:44Keep up.
- 7:11It's
- 7:41So, we're just going to wait for market
- 7:42open.
- 8:08What's good, Empires?
- 8:23And then after we take a pay on this
- 8:25account, it will be down to like a
- 8:28$12,000 balance.
- 8:32And then we're probably just going to
- 8:38milk it again.
- 8:40Just slowly milk this account. try and
- 8:44pull one more after this one
- 8:47because then at that point the balance
- 8:49should be at like eight or $9,000
- 8:52and then um
- 8:56and then I'll just probably start
- 8:57trading it normally.
- 9:09What up? blowing up.
- 9:13>> So again, if you join late, basically I
- 9:15want to see us go higher, but
- 9:19push up into this area.
- 9:22Um, which is what I was planning on the
- 9:24weekly open when we
- 9:27opened up around here.
- 9:30I was looking for us to basically
- 9:31continue this push up up into this area
- 9:34and then I'm going to be looking to see
- 9:36if then we start to come back down. But
- 9:38as of right now, we're still bullish in
- 9:42terms of this price leg right here. We
- 9:45did consolidate overnight, but there's a
- 9:48chance that we drop off the open, but I
- 9:50would be looking for us to potentially
- 9:52bounce after we take Asia lows.
- 9:56And if we just like run off the open,
- 9:58then, you know, the target's going to be
- 10:00514 basically.
- 10:04Um, if we end up dropping and there's
- 10:06just like sustained selling pressure
- 10:08that goes past this area and we start
- 10:09closing down here,
- 10:12then at that point, like I'm no longer
- 10:14looking for longs at all.
- 10:21So, if we do end up dropping like that,
- 10:24then
- 10:26there's a chance that I actually don't
- 10:27take a trade today. But, we would like
- 10:30to see it go higher.
- 10:35So, we'll see what happens. The most
- 10:37important thing, though, is that I
- 10:38locked in a winning day for this
- 10:39account, so I could take the payout.
- 10:45So, that'll put us like
- 10:4910 grand in payouts this month, the top
- 10:51step.
- 10:57And then we'll just trade the other
- 10:58accounts.
- 11:07And I'm just hoping that they don't move
- 11:09me alive. Honestly, those new live roles
- 11:11that they just announced yesterday suck.
- 11:16They're garbage.
- 11:24At that point, you're better off just
- 11:25funding your own account.
- 12:21I would recommend though for this open
- 12:23to just be a little careful.
- 12:26This looks like slightly sketchy to me.
- 12:35Yeah, for sure.
- 12:40Dude, cuz like
- 12:43you get 80% of your balance locked. Like
- 12:45what the [Â __Â ] is that?
- 12:48So you're telling me that I had to pass
- 12:49an eval to prove that I can get funded
- 12:52to then build up cash in a funded
- 12:55account to then have all of it basically
- 12:57get locked and then I have to prove
- 12:59myself again and get my money.
- 13:02Sounds kind of like a
- 13:05what's the word for it? a scam. That's
- 13:08what that [Â __Â ] sounds like.
- 13:12So, we're gonna hope that
- 13:16we don't move to live. Yeah, they uh
- 13:19they definitely got wrecked like
- 13:21December and January.
- 13:26And then they probably have tons of
- 13:27people who made a bunch of money off of
- 13:29the medals who are just milking like
- 13:31$150 days like me
- 13:35and they're just taking a bunch of
- 13:37payouts
- 13:40because originally they they weren't
- 13:42really moving people to live. Um because
- 13:45then at that point you're opening
- 13:46they're opening up the opportunity for
- 13:48people to basically take even bigger
- 13:50payouts. So then what do they do? Well,
- 13:53they change all the live rules and then
- 13:54you know what they're going to do after
- 13:55that is they're going to start moving a
- 13:56bunch of people to live.
- 14:04>> Yeah, it's crazy.
- 14:10That's also why I haven't been um like
- 14:14super aggressive with
- 14:17trading um more top step eval like last
- 14:22month and this month because I kind of
- 14:25knew that they're making all these
- 14:28changes and there's kind of getting
- 14:29worse and worse. So, there's so many
- 14:32other prop firms out there that are
- 14:34great.
- 14:38So, my my goal basically was just to
- 14:40finish out this account with the 17K
- 14:42balance and then
- 14:48go get allocated with a different firm.
- 14:51But it's so crazy like I'm just worried
- 14:54that before I can take my payout at the
- 14:56end of the day that they move me to
- 14:58live. Like I would that would be like
- 15:00the
- 15:01I'd be so upset before I could take my
- 15:04payout because then if you think about
- 15:06it like let's say I have a $17,300
- 15:09balance right now and then they move 20%
- 15:13to a live account and then the rest gets
- 15:15locked. That's like $3,500. Dude,
- 15:21that's crazy.
- 15:24>> That's super crazy.
- 15:28All right, we have market open here in
- 15:30like 40 seconds. We're going to see what
- 15:31it does.
- 15:36Again, if you're joining late, I do want
- 15:38to see us eventually go higher today.
- 15:40But
- 15:44if we come into this area, I'm going to
- 15:46be looking to see if we're going to
- 15:47bounce. If we get past this area and
- 15:49drop lower, I'm no longer looking for
- 15:50longs. This is the target. Once we get
- 15:53above this area, then I would be very
- 15:56careful about taking longs because this
- 15:58area up here is what I've been watching
- 16:00for like all week for us to potentially
- 16:02start turning around. Now, we can just
- 16:04blow past it, but
- 16:09yeah.
- 16:13So, we'll see what happens.
- 16:36It's probably going to push down a
- 16:38little bit.
- 16:42But I need to be careful about um
- 16:45this open though because
- 16:48I don't want it to like whiplash around
- 16:51or like come up here and take these
- 16:54highs and then snap back down and then
- 16:55do a bunch of BS because we have NFP
- 16:58tomorrow.
- 17:03And we also have CPI on Friday which I'm
- 17:05going to gamble on.
- 17:11I'm gonna uh
- 17:18I'm going to go long on CPI
- 17:21on a gamble. We'll see if it works out.
- 17:23It worked out last time I made like
- 17:25three grand, but
- 17:31we'll see what happens. I might I might
- 17:34for CPI, I might take this account.
- 17:36It'll be like at a $12,000 balance and I
- 17:38might go long with like
- 17:41four minis.
- 17:44See if we could run it back up to a 20k
- 17:46balance real quick.
- 17:56All right, I'm going to go short right
- 17:57here
- 17:59and I'm going to look for us to start
- 18:01pushing um
- 18:04pushing towards Oh [Â __Â ] you can't see
- 18:06it. pushing towards these lows. I don't
- 18:08really want to see this snap back. I do
- 18:10have to give it kind of a
- 18:12larger stop loss.
- 18:21Oh, that's disgusting. I might need to
- 18:23get out of that. That was nasty.
- 18:31I need to see these sellers uh push
- 18:34harder
- 18:39otherwise I'll just uh get stopped out
- 18:42of it.
- 18:46And I am taking a short even though the
- 18:47bias is long. But I just I want to see
- 18:49it retrace a little bit before we try
- 18:52and take the long that we're actually
- 18:54going to hold. I'm just trying to scalp
- 18:55a short. But
- 18:57I might get screwed right here. I think
- 18:59I'm probably going to get screwed.
- 19:33If we get another push lower and it
- 19:35makes a lower low on this 5minute
- 19:37candle, I'm going to have to move my
- 19:39stop to break even because every single
- 19:40time it gets down here, it's snapping
- 19:42back up.
- 19:48And if we if it's really going to run
- 19:50lower, then it just needs to I mean, it
- 19:52already tried to do it twice. So, if it
- 19:54fails on the third time, we're gonna
- 19:55actually rip higher, I think.
- 19:59So, at that point, it's either going to
- 20:00run or it's not. So, we might as well
- 20:01just move our stuff to break even.
- 20:08All right. So, I'm just going to go
- 20:09break even right now. I don't want to
- 20:11see this snap back again.
- 20:19Yeah. So,
- 20:23saved oursel a loss there.
- 20:26It's it probably would be a loss to be
- 20:28honest. So
- 20:31we will wait.
- 20:46Kind of a slower open today. So we need
- 20:49to be careful
- 20:52about getting
- 20:54caught. Hold on. Is my data delayed? The
- 20:59[Â __Â ] is happening right now?
- 21:05My data is delayed.
- 21:16All right, it fixed itself.
- 21:27Yeah, just got to be careful about this
- 21:30type of open. I don't want to have it
- 21:32start whiplashing around.
- 21:36And plus, the data is printing all
- 21:38weird. You see this right now? So, it's
- 21:39better if I just avoid this.
- 21:46>> Even though it does look like it's still
- 21:48going to retrace into this pre-market
- 21:50move a little bit, but
- 21:54We will see.
- 22:04>> Is this happening with anybody else?
- 22:06Like is their data like
- 22:08pausing? Because this is my live data by
- 22:11the way. This is just normal rhythmic
- 22:13data that I actually pay for,
- 22:20which is kind of weird.
- 22:58All right, it's making its move lower.
- 23:03So, what I want to see is I basically
- 23:04want to see us come down more, take out
- 23:07these lows, and then I want to see if
- 23:09we're going to bounce and then take out
- 23:12these highs,
- 23:15target up here.
- 23:21And basically, this was the move I was
- 23:23just trying to catch right now, but it
- 23:24just was looking kind of nasty, so
- 23:28I decided to get out of it.
- 23:32for like a $3 loss or some [Â __Â ]
- 23:36Although it would have been nice. We
- 23:38would have Where was my entry? Probably
- 23:39like here.
- 23:48And again, if we just start melting
- 23:50through this and we don't hit somewhere
- 23:53in here and then start to bounce and we
- 23:56get like below this area,
- 23:59then
- 24:01I'm not going to take any longs today.
- 24:05But as long as we stay above here, then
- 24:07I could potentially be looking for longs
- 24:09for us to continue back up to these
- 24:11highs.
- 24:57Dude, maybe it's my internet.
- 25:02Maybe my internet just sucks right now,
- 25:06which is kind of sketchy.
- 25:40No, I don't think it's uh a test. I
- 25:44think it's just my internet because when
- 25:46it's happening on here, it's also
- 25:48happening on my um other three data
- 25:52connections.
- 26:05So, we still haven't taken this low yet,
- 26:07which is kind of interesting. I think
- 26:08the next fiveminute candle will probably
- 26:09take it.
- 26:13We got extremely close to it, though.
- 26:24One thing to note though, why this is
- 26:26kind of sketchy is look at the one hour.
- 26:28It's kind of nasty.
- 26:32The whole entire night it just was like
- 26:34red, green, red, green, red, green. It's
- 26:37kind of shitty.
- 26:46Yo, when this is happening, by the way,
- 26:48like when this is like um stalling out
- 26:51like this, I think because my internet
- 26:53is the stream [Â __Â ] up,
- 26:56like am I also lagging on the stream or
- 26:58not?
- 27:04The stream looks like AIDS. Oh, great.
- 27:12On Discord or on YouTube?
- 27:22Is that what it looks like for everybody
- 27:24else, too?
- 27:28Oh, that's terrible.
- 27:45>> [laughter]
- 27:47>> They're trying to stop me. They're
- 27:49trying to stop me.
- 27:56I'm looking at it on YouTube. It looks
- 27:59okay. It Well, no, actually, it looks
- 28:01pretty [Â __Â ] You're right.
- 28:04I guess it's just my internet.
- 28:06Guess my internet is just ass, bro. I
- 28:10don't know what's going on. All right,
- 28:12but anyways, besides that, I'll just try
- 28:15and narrate it as much as I can, even
- 28:18though it might look like dog [Â __Â ] to
- 28:19you guys. So, we took these lows. So,
- 28:23now what I want to see right here is I
- 28:25want to see if when the sellers get down
- 28:26here, if we're actually going to
- 28:28continue lower or if we're going to
- 28:30bounce back up.
- 28:35If we if we continue lower Oh my god,
- 28:39dude.
- 28:42It's actually if my internet's like
- 28:44this, it's probably a good idea not to
- 28:45trade. But if we do get lower
- 28:50and we push past this, then my bias was
- 28:52just totally wrong for the day. And then
- 28:54I'm just not going to trade.
- 29:02Kind
- 29:09[snorts]
- 29:11of a bummer bummer that I fumbled the uh
- 29:14short position,
- 29:19but it's Yeah.
- 29:42Dude, look at that.
- 29:45froze for like
- 29:48Oh, you're [Â __Â ] [Â __Â ]
- 29:51You're funny as [Â __Â ]
- 30:10So, the only thing though is like even
- 30:13though it looks like uh we came down
- 30:15here and we're kind of coming back up, I
- 30:18I'm suspicious about that. Like this
- 30:2115minute.
- 30:27What would make me feel a lot better
- 30:28honestly is if the next 15 minute opens
- 30:31up, makes another low and then creates
- 30:33the wick and then we can look for some
- 30:35longs potentially. Otherwise, if it just
- 30:39continues to melt, then again, the longs
- 30:41were just not the idea for the morning.
- 30:47I do want to see us get up here though.
- 30:49I want to see us take these highs.
- 30:58Dude, is it is it that shitty? Like,
- 31:01does it actually look like that? It's
- 31:03[Â __Â ] crazy.
- 31:05[laughter]
- 31:10Okay.
- 31:12Yeah. I don't know, dude. It's Well, cuz
- 31:14I'm looking at my internet. It keeps
- 31:16going back and forth between like two
- 31:18bars and three bars
- 31:20and I I don't know why, [snorts]
- 31:23but there's nothing I I can't worry
- 31:25about that right now. I'm just trying to
- 31:26trade. Okay, cool.
- 31:35So, the new 15 opened up. So, I want to
- 31:37see if we can basically make a wick
- 31:40lower than this wick and then start
- 31:43snapping back up. then we can start
- 31:44looking for longs. But if that doesn't
- 31:48happen and it just uh
- 31:50continues and continues, then shorts are
- 31:53the move. We took it right here and then
- 31:56we hit break even cuz we were a [Â __Â ]
- 31:58and then it's just going to run.
- 32:11I know. I've been considering uh should
- 32:14I buy should I buy should I buy one of
- 32:16those on um with my payout today?
- 32:21A custom one that says Thrax Trades on
- 32:24it.
- 32:42It would be fire
- 32:44[Â __Â ] Maybe it'll make me trade better.
- 33:06It's crazy because like this open so
- 33:09far, we've technically dropped like a
- 33:11100 points or more, but it just feels
- 33:14slow cuz the recent days have just been
- 33:17crazy.
- 33:28But I'm really not too stressed if I
- 33:29can't find an entry for my other three
- 33:32funded accounts.
- 33:41Because tomorrow
- 33:43with NFP being in the morning, it may be
- 33:47uh we may have a pretty large move
- 33:49during New York.
- 33:52As long as today isn't like some crazy
- 33:54move that's just boiling right now and
- 33:57we're about to just melt like
- 34:00200 points or something.
- 34:11But yeah, I just got to wait.
- 34:16We'll see if this can make a wick
- 34:19on the 15 and then see if it starts to
- 34:22turn around or not.
- 34:33But I wouldn't feel as comfortable
- 34:35trying to take a long right here unless
- 34:37unless this candle this 15-minute candle
- 34:40wicks past the previous 15 minute.
- 34:44Otherwise, it's kind of like sketchy to
- 34:46me.
- 34:50An ideal situation would be it wicks
- 34:52past this candle and then it starts to
- 34:54flip bullish and then we can look for a
- 34:56long position.
- 34:58But we would need to be careful about
- 35:01this area
- 35:03which is right around like 340
- 35:08like here.
- 35:11All right. So created the wick. We're
- 35:13going to see if it's going to continue
- 35:16or if it's going to start snapping back.
- 35:41There's a bunch of orders sitting right
- 35:42here at 250.
- 36:00It's probably going to run through him
- 36:02right now.
- 36:20So, we got 10 minutes left for this
- 36:2215-minute candle. If the 15-minute can
- 36:24flip bullish, I'll be more inclined to
- 36:26again look for longs
- 36:33because this is we are waiting for
- 36:34basically this. Oh, holy. We're waiting
- 36:36for this 15 minute to take that previous
- 36:3915-minute low. So, now we got to wait
- 36:42and see. And we're getting closer to the
- 36:474hour open.
- 36:52And I don't I don't usually like getting
- 36:53into a position right before the 4 hour
- 36:56open. Yeah, that was nasty. That was
- 36:58good if you took that long.
- 37:00I was just waiting for a little bit of
- 37:02confirmation. But this again was the
- 37:05area I pointed out market open that I'm
- 37:07looking for us to bounce.
- 37:10But I just
- 37:12wanted to wait.
- 37:16The only problem though is like when I
- 37:18when I wait like this, well, now if I
- 37:21need to go for a long position, it's
- 37:22like, well, [Â __Â ] My stop loss is going
- 37:24to be huge.
- 37:29But I'm going to be watching where this
- 37:31um
- 37:35I want to see where the 15 minutes going
- 37:37to close.
- 37:44We got to be careful. I gotta be careful
- 37:46about
- 37:49here
- 37:50to about here.
- 37:54are actually mainly here.
- 38:21The PC for this 15 minute for this
- 38:2315-minute candle is like
- 38:26right here
- 38:28291.
- 38:36We'll see if it stays there. There's
- 38:37still a lot of time left, though.
- 38:43It's probably not going to stay there.
- 38:45Yeah, it just changed.
- 38:58Something.
- 39:24All
- 39:36right, let's see if we can get past this
- 39:37right here.
- 39:40>> So, so far the analysis that we had
- 39:43pre-market is currently playing out. I
- 39:45just need to look for an entry where I'm
- 39:47not going to have to risk
- 39:49>> a crazy amount of my money.
- 39:54If it continues higher then the wick on
- 39:56this hourly candle is going to be nasty
- 39:58and we are going to continue higher
- 40:01in my opinion.
- 40:24But this is looking good. I think if um
- 40:29we can come back on the ne if the next
- 40:31candle opens up
- 40:36and we don't if the next fiveminute
- 40:39candle opens up and immediately pushes
- 40:41down like no push up first immediately
- 40:44pushes down I'll probably try and enter
- 40:45in this area right here where the large
- 40:48buy order was sitting.
- 40:52>> Hell yeah. Well, I'm hyped you guys took
- 40:53that long.
- 40:57322. It's a pretty good entry.
- 41:06Damn, everybody took the long except for
- 41:07me. I was being a little [Â __Â ]
- 41:13We'll see if I can get in right now if I
- 41:15if we push lower off this
- 41:18without going higher first.
- 41:41Otherwise, we might just run
- 41:49and I'll just have to sit on the
- 41:50sidelines and watch it.
- 42:10Hey, I'm not going to lie though, bro.
- 42:12Who's been looking at my daily outlooks?
- 42:14I've been [Â __Â ] on point. I've been on
- 42:16point for like two weeks straight.
- 42:20I'm proud of that.
- 42:31Dude, I called that [Â __Â ] out to a tea
- 42:33this morning. I just couldn't
- 42:36grow a [Â __Â ] pair to answer that [Â __Â ]
- 42:47But I'm happy people in the chat caught
- 42:49it.
- 42:51And if you're in the longs, I would just
- 42:52hold it
- 42:59because I think that we might actually
- 43:01start picking up speed if this is going
- 43:04to
- 43:05um close at the 1 hour up here. Like
- 43:07look at this 1 hour candle. Okay. So, if
- 43:12you got in anywhere in this wick,
- 43:15there's a pretty good chance that we may
- 43:18open on the new hourly and just uh pick
- 43:20up speed to run higher.
- 43:24So, if you are in the longs, if it was
- 43:26me, I would hold it
- 43:33because the moment that we start getting
- 43:34up into this area, you're going to start
- 43:36seeing large uh yellow bubbles start
- 43:38popping up once we get past these highs
- 43:41and then these highs because we're going
- 43:43to have to blast through like all these
- 43:45orders essentially.
- 44:06We have the new 4 hour open in uh 2
- 44:09minutes.
- 44:47Damn, look at that. 15 minute,
- 44:50one hour.
- 44:53Whatever you do, do not try and short
- 44:55this right now in my opinion.
- 44:59Unless you get lucky and we get caught
- 45:00in a chop, but I doubt it. I think we're
- 45:03about to run. Pass the at least pass
- 45:05here.
- 45:28Damn, dude. You know what would have
- 45:29been crazy though? If I wasn't such a
- 45:31little [Â __Â ] we would have caught the
- 45:32shorts down to our area. Then we could
- 45:35have taken longs. It would have been a
- 45:37banger of a morning. But
- 45:42one can only dream, huh?
- 45:51>> All right, let's see what the hourly
- 45:52does. If it's going to pull back first
- 45:54to create a wick lower or not.
- 45:57If we come back into this area, I'm
- 45:59going to see if I can enter into a long
- 46:01position to keep the m follow the
- 46:03momentum higher.
- 46:46Oh, DLP.
- 46:49So DLP actually comes from an indicator
- 46:53I have called the decoder.
- 46:56Dol are just highs and lows.
- 46:59So
- 47:01if you're curious like what these DLP
- 47:04levels are,
- 47:07basically what it is is like
- 47:11there's this indicator, right? It's
- 47:14called the decoder and it's not a
- 47:16trading view indicator. It's like an
- 47:18actual program
- 47:22and it draws out levels for me. And
- 47:25essentially what these are are like
- 47:28um
- 47:30optimal trade entry for
- 47:33premium and discount.
- 47:35So, I only do them usually the if I'm
- 47:38trying to do like a smaller intraday
- 47:39level, I'll do a 15 minute, but I'm
- 47:42usually doing like higher time frame
- 47:43ones like
- 47:45um
- 47:49I think there was one that I did up
- 47:51here. Yeah. So, this level up here, if
- 47:53you see this
- 47:56Oh, where the hell's the rest of my
- 47:57data, bro?
- 48:03[laughter] Dude, I don't know why the
- 48:04stream's so [Â __Â ] My bad, bro. Okay, so
- 48:08if you see this right here, this level
- 48:10where we came up here and we turned
- 48:12around, that's from this.
- 48:15And then also, I had levels basically
- 48:18down here. I removed them though once
- 48:20they get used.
- 48:25[laughter]
- 48:29Oh my god, dude.
- 48:37I think it might be my internet unless
- 48:40the YouTube stream is fine. But
- 48:47but yeah, that's what DLP levels are.
- 48:49And then DO is just anytime there's a
- 48:51significant swing high or swing low that
- 48:53I'm watching, I'm marking it out. And
- 48:54then D stands for drawn liquidity. So,
- 48:57let's say that now that we made this low
- 49:00and then we do some other [Â __Â ] later,
- 49:03you know, I might put this right here
- 49:07and call it a do,
- 49:09but I probably wouldn't do that right
- 49:10there.
- 49:20We're stalling here, but I still think
- 49:22we're going higher. If we can get a
- 49:24retracement, I might enter right here.
- 49:30Yeah, I actually have a video uh
- 49:34harsh. I have a video that I'm going to
- 49:36drop about premium and discount and
- 49:38it'll probably explain it a little bit
- 49:40better
- 49:44and hopefully it'll
- 49:47help you guys out
- 49:49if you're because like I basically use
- 49:53premium and discount for
- 49:56Everything
- 50:05market structure, premium and discount,
- 50:09auction theory and order flow.
- 51:02Dude, I gotta fix my internet.
- 51:07Yo, YouTube chat, is my stream [Â __Â ] up
- 51:10for you guys? Like, is it like super low
- 51:12quality right now?
- 51:16Does it look like I'm filming it in
- 51:17360p?
- 51:24Okay, cool.
- 51:29Oh my god, it looks so weird here. Let
- 51:31me try Let me try and fix it.
- 51:35I don't know if that'll do anything.
- 51:47Well, we'll hope we'll hope that maybe
- 51:49tomorrow is better.
- 51:57You guys are trying to decipher what's
- 51:59going on. Like a
- 52:02looks like a [Â __Â ] water painting.
- 52:21Yeah, I I use low volume nodes, but I
- 52:24don't use them with uh like session
- 52:27volume profiles.
- 52:32I use um
- 52:34like why did I mark this out right here?
- 52:36Well, this is a low volume node inside
- 52:38of a the displacement candle that pushed
- 52:40up. So, this is where I'd be looking for
- 52:42an entry. I use low volume nodes within
- 52:44candles.
- 52:46Sometimes I'll use a fixed range, but
- 52:49Oh, and this is what I was talking
- 52:50about. Once we start getting up into
- 52:52this area, we're going to pick up speed
- 52:53and start popping these bubbles and not
- 52:55give me a [Â __Â ] entry, but whatever.
- 53:01Um,
- 53:06yeah, I don't really use like a fixed
- 53:08range uh that often. Like if you're
- 53:10talking about
- 53:13Where's it at?
- 53:16Not this one.
- 53:18Where's this [Â __Â ] at? Right here. Yeah,
- 53:21like one of these.
- 53:24No, I don't use them. I don't use them
- 53:27as much. Sometimes I'll use them, but
- 53:29not really.
- 53:36Yeah, it does look like I'm five grand
- 53:38with the shitty thing. They're great,
- 53:40though. Like, I'm not saying not to use
- 53:41them. I just
- 53:44I don't It's just another thing for me
- 53:46to have to look at. And I I'm trying to
- 53:48keep it a little more simple. You know
- 53:52what I'm saying?
- 53:58The less that I have to think about, the
- 54:00better.
- 54:06Yeah, cuz I mean like here's the thing,
- 54:08right? like I have levels based off of
- 54:10market structure and premium and
- 54:12discount. Then the only thing I'm
- 54:13looking for at that point is an entry
- 54:15with footprint. So what if I go and add
- 54:18like CVD and volume profiles and EMAs
- 54:24and blah blah blah blah blah. Like then
- 54:26you start looking at a bunch of [Â __Â ] and
- 54:28then maybe they start conflicting with
- 54:30each other. I I just it's better
- 54:34like what are you going to do? throw 30
- 54:36indicators up on your chart like
- 54:40>> you know what I mean?
- 54:44>> It's kind of a
- 54:47>> it's going to [Â __Â ] you over. I think it
- 54:49would [Â __Â ] me over. But maybe you know
- 54:51how to maybe you picked like the perfect
- 54:5330 indicators that all work well with
- 54:55each other. But
- 54:58>> yeah, I don't need to see it. Not saying
- 55:01that this stuff isn't good. You know,
- 55:03that stuff is great depending on how you
- 55:05use it, but I just would rather not look
- 55:08at it.
- 55:11Just keep it simple. I knew that this
- 55:13morning,
- 55:15this was the draw. This is my idea the
- 55:17whole morning. This is the draw. Okay? I
- 55:19don't need a volume profile to figure
- 55:21that out. I don't need delta. I don't
- 55:23need anything. You know how I figured
- 55:24that out? Well,
- 55:27it's a swing high.
- 55:29That's it. That's it. It's just a swing
- 55:32high.
- 55:36So, now that we have that, okay, well,
- 55:38let's look. Why did I say we were going
- 55:40to potentially bounce right here?
- 55:44Well, because it would have been a sweep
- 55:46of these lows and there was inefficient
- 55:50auction right here or a fair value gap.
- 55:52So, I'm watching this area.
- 55:56If we're going to continue our trend
- 55:57higher, I would expect this to be
- 55:59respected. So now we are framing
- 56:03basically what we think is going to
- 56:04happen this morning.
- 56:08Now once we have an idea of our plan,
- 56:11well then we drop down to a fivem
- 56:12minute. We look at footprint
- 56:16and we try and catch an entry. So
- 56:22I feel like that's as simple as I can
- 56:24make it. You know what I mean?
- 56:29Because imagine
- 56:32imagine I had this idea, right? And then
- 56:35now I got the five, the 9, the 21 EMA,
- 56:38and I'm like, "Oh my god, there's an EMA
- 56:40crossover and the RSI is diverging in
- 56:43our low volume note on our volume
- 56:44profile and blah blah blah."
- 56:48No,
- 56:50don't do that. Don't do it to yourself.
- 57:02But yeah, I I I'm kind of I got kind of
- 57:04[Â __Â ] though because I I literally
- 57:05can't enter this anymore.
- 57:07The the entire idea of this morning
- 57:10played out
- 57:12played out.
- 57:14Like look at this,
- 57:18bro.
- 57:20Come on.
- 57:22And I couldn't even I couldn't even
- 57:23trade my own my own analysis.
- 57:27[Â __Â ]
- 57:31It's all good. There's always tomorrow.
- 57:34The good thing is that at least I didn't
- 57:37lose money.
- 57:39I mean, I guess I lost like $3, but it's
- 57:42fine.
- 57:46But the closer that we get to um lunch
- 57:50hour, what might end up happening is we
- 57:52might, you know, we picked up speed. We
- 57:54pick up speed. We kind of slow down.
- 57:58Maybe we just slow down and do one of
- 58:01these.
- 58:03If we do that, I cannot trade that.
- 58:07The only way that I can trade this still
- 58:09is like
- 58:11we took this high, we snap back down
- 58:14into into somewhere around here, and
- 58:17then we get another entry to go long. If
- 58:19that happens, then I'll be looking for
- 58:21an entry to go long around here. If that
- 58:24doesn't happen and we just run, well,
- 58:25you know what? It is what it is and
- 58:29we're not going to force anything. We
- 58:31already got our winning day on this
- 58:33account, so we can pull a payout. So,
- 58:35even though we didn't trade the other
- 58:38three funded accounts,
- 58:40it's okay. They don't need to get traded
- 58:42every single day.
- 58:44The good thing is our analysis was right
- 58:47and we didn't lose money. That's a W.
- 58:52Although I I messed up on the execution
- 58:55of that. So that wasn't really a W. But
- 58:59just grand scheme of things W. But I
- 59:01failed on the execution. So I got to
- 59:03work on that because if we go down here,
- 59:11what did I say? Like I wanted this to
- 59:16when this 15-minute candle opened up, I
- 59:19wanted to wait for us to take this wick
- 59:21first and snap back bullish. The moment
- 59:23that we snapped back bullish
- 59:26and we started stalling right here, that
- 59:28should have been the entry to go long
- 59:30and I failed. But maybe we'll get an
- 59:32entry right here.
- 59:47All
- 1:00:06right, that's a pretty decent amount of
- 1:00:08selling pressure. We'll see if there's a
- 1:00:11opportunity for us to take a long
- 1:00:13position.
- 1:00:15The only thing that concerns me though
- 1:00:16with this situation is I don't want us
- 1:00:18to begin ranging.
- 1:00:26I would like to see this fiveminute
- 1:00:28candle close.
- 1:00:35The 15 minutes going to close looking
- 1:00:37kind of nasty, but it's okay.
- 1:00:40And we'll just wait.
- 1:00:45My bias for the day, it was higher.
- 1:00:49It was higher or consolidation.
- 1:00:52Consolidation or higher. I was not
- 1:00:54really expecting us to go lower today.
- 1:00:56At least during the AM session.
- 1:01:00Yeah, I got to be careful. Exactly,
- 1:01:02Rocket. Like I got to be careful. Like
- 1:01:09this is a large range, dude. So
- 1:01:14you can potentially get [Â __Â ]
- 1:01:19I don't want to get caught in a chop
- 1:01:23because it would that would honestly
- 1:01:25piss me off if I went short right here
- 1:01:27thinking we would take these lows then
- 1:01:29come into here and bounce and all of
- 1:01:30that plays out and then I get caught in
- 1:01:32a chop over here. I'd be [Â __Â ] upset
- 1:01:34with myself.
- 1:01:40Um
- 1:01:42Oscar, I basically just have a plan for
- 1:01:44the day. I create a plan before market
- 1:01:46open on what I think price should do
- 1:01:50and then I'll put invalidation points
- 1:01:52where I'll then switch my focus and
- 1:01:54switch my bias and then I'll just wait
- 1:01:57for price to come to those areas and
- 1:01:58then
- 1:02:00I'll just look for an entry on footprint
- 1:02:03and try and follow pressure. It's
- 1:02:06basically it.
- 1:02:09journaling. I used to journal. I don't
- 1:02:13really journal anymore
- 1:02:16because you know what? Like I'm I'm live
- 1:02:18streaming all my trades. So if I ever
- 1:02:20want to actually go back and watch what
- 1:02:22I was thinking or what was happening and
- 1:02:24think about it, I have like all this
- 1:02:26[Â __Â ] just publicly on the internet so I
- 1:02:28could just go watch it, which I do
- 1:02:30sometimes, which I'm actually going to
- 1:02:32watch it again today when it came down
- 1:02:34here.
- 1:02:38and see because I know what I was
- 1:02:40thinking, but see where I could have
- 1:02:42done better on that execution. The
- 1:02:45location was perfect, the area was
- 1:02:48perfect. I just couldn't execute on it.
- 1:02:50And there's a problem with that.
- 1:02:53So, I'll just rewatch it and see how I
- 1:02:54could do better next time.
- 1:03:01I want to see this dig deeper
- 1:03:05and then snap back and I might try along
- 1:03:08it.
- 1:03:41Yeah, part drugs, the Fibonacci and
- 1:03:43volume profile, they do align. So, if
- 1:03:45you have value area um and then you have
- 1:03:49um
- 1:03:51fibs that mark out premium and discount.
- 1:03:53That's actually I have a whole video
- 1:03:55about it um where I use volume profile
- 1:03:58with fib levels to understand premium
- 1:04:01and discount, but I'm going to drop that
- 1:04:05one next week.
- 1:04:14Like there's a reason why the fib levels
- 1:04:17that I use are these ones
- 1:04:2062 705 788 and 886. It's also because
- 1:04:23there's a trader that I know there's a
- 1:04:24trader that I know named tech who uses
- 1:04:26those but there's also another reason
- 1:04:29for it which has to do with volume
- 1:04:31profile.
- 1:04:35Uh this is a test
- 1:04:43like
- 1:04:46since I can't really trade this right
- 1:04:48now. I'll show you.
- 1:05:00All right. Let's say that you draw a
- 1:05:02volume profile from like
- 1:05:07This is kind of a weird area to do it.
- 1:05:08If you were to do it from here to here,
- 1:05:10I guess before or here
- 1:05:13before the pump back up.
- 1:05:22Now if this is value area
- 1:05:25and then this is
- 1:05:29above value area
- 1:05:33and this is below a value area then
- 1:05:36technically what premium and discount
- 1:05:38would be in this range would be this
- 1:05:41would be discount and this would be
- 1:05:42premium. So let's say we go from swing
- 1:05:45high
- 1:05:48or swing low to swing high in this
- 1:05:50scenario.
- 1:05:51What usually falls within this area
- 1:05:53outside the volume area um the
- 1:05:58value area sorry is 705 788 and 886.
- 1:06:04Now we did overshoot this a little bit
- 1:06:06but I'm just trying to show you how I
- 1:06:08look at it with volume profile but
- 1:06:12um I probably wouldn't have drawn it
- 1:06:14right there anyways. So
- 1:06:42um sort
- 1:06:45like a bell curve.
- 1:06:49I use that for this indicator which I'm
- 1:06:52going to drop tomorrow so you guys can
- 1:06:54all use this indicator
- 1:06:58which basically what this indicator is
- 1:07:00doing is it's marking out
- 1:07:03uh based off of statistics of NQ data
- 1:07:08the average deviation away from Asia
- 1:07:09session highs or lows and it's using
- 1:07:11bell curves like that pretty much
- 1:07:18which I have up on other screen. I have
- 1:07:20it on this screen that I'm always
- 1:07:21watching.
- 1:07:31I want to go long, but I don't want to
- 1:07:32get caught in a chop right here.
- 1:07:52And plus on this 15-minute candle,
- 1:07:55the PC is right here.
- 1:08:03So, I don't want us
- 1:08:06to come up here and then drop back down
- 1:08:10and then go like this.
- 1:08:12That would kill one of my accounts.
- 1:08:21cuz I get [Â __Â ] up doing that [Â __Â ]
- 1:09:28Is anybody still holding the original
- 1:09:30long position?
- 1:09:36You could probably hit 200 points if you
- 1:09:38hold it all day. If it actually makes
- 1:09:41its way up there.
- 1:09:57>> Yo, Kill, do you uh
- 1:10:00do you only trade using one micro?
- 1:10:11I was watching some of your videos. It
- 1:10:12looks like you only use one micro.
- 1:10:16That's what's up.
- 1:10:26Perfect. Good thing that I did not enter
- 1:10:29along there.
- 1:10:34Look where we came to.
- 1:10:38Right up to the PC.
- 1:10:44Well, I hope it works out. Uh I hope the
- 1:10:48long position works out
- 1:10:50and continues higher and we don't just
- 1:10:52begin to chop in this area.
- 1:11:13Bro, I'm nervous. I'm nervous about
- 1:11:17I'm nervous about my payout later today.
- 1:11:20I just want the day to end already.
- 1:11:23Tops
- 1:11:25freaking me out. Their
- 1:11:32live account is so [Â __Â ] dude. What the
- 1:11:34[Â __Â ]
- 1:11:37I saw a post last week of some trader
- 1:11:40who was waiting till the end of the end
- 1:11:41of day to take his payout and they moved
- 1:11:43him to live before he could do it.
- 1:11:46I'd probably cry.
- 1:11:50I would just I would basically be
- 1:11:51getting robbed
- 1:11:53for like five grand, dude.
- 1:11:56>> [snorts]
- 1:11:57>> I'd be so upset.
- 1:12:02>> I want to hope that doesn't happen.
- 1:12:07>> I just need the day to end already.
- 1:12:30Oh, you got moved to live and then you
- 1:12:32purposely blew it to get back to the sim
- 1:12:35and then they banned you.
- 1:12:37Yeah. I mean,
- 1:12:39>> I'm not really expecting to be trading
- 1:12:41with Top a lot longer.
- 1:12:44It's pretty obvious what they're doing.
- 1:12:45They're trying to just make a clean exit
- 1:12:47out the prop game and move over to their
- 1:12:49brokerage. is less risk on their side.
- 1:12:56>> I mean, imagine just having a brokerage
- 1:12:57and just slapping everybody BB book
- 1:13:00[laughter] and then
- 1:13:02if they instead of moving people live,
- 1:13:05you just move them to Abook.
- 1:13:09you would minimize so much risk as a as
- 1:13:11a company doing that,
- 1:13:15>> especially after they probably got
- 1:13:17rinsed December and January and even
- 1:13:20this month.
- 1:13:29>> Yeah, that that that metal the the run
- 1:13:32on the medals the run and the dump on
- 1:13:34the medals was basically like a prop
- 1:13:36firm black swan event.
- 1:13:39Because the idea with most firms is like
- 1:13:42as long as traders don't have like a
- 1:13:44solid three months in a row where
- 1:13:46everyone makes a bunch of money, we'll
- 1:13:48be fine.
- 1:13:50And then you have gold that moves like
- 1:13:51crazy. Silver moves crazy.
- 1:13:54You had people who just had a windfall
- 1:13:56day and then just milked $150 days
- 1:13:59and they probably just wrecked them.
- 1:14:03Like I've had this funded account for
- 1:14:05since December 10th. So, two months to
- 1:14:09the day today.
- 1:14:11And half the time I've just been milking
- 1:14:13like $150 days out of it, $200 days out
- 1:14:16of it, which I assume anyone else who
- 1:14:19made a large balance off of trading
- 1:14:21commodities during that time is doing
- 1:14:24the same thing.
- 1:14:26And they're probably not buying accounts
- 1:14:28either. Like, I'm not buying accounts.
- 1:14:29I'm just trying to take as much money
- 1:14:31out of this one. So then TopSep then has
- 1:14:34to pay out and they're not making as
- 1:14:36much money.
- 1:14:39And then they spent a bunch of money on
- 1:14:41a Super Bowl ad.
- 1:14:47I wonder how much that [Â __Â ] cost.
- 1:15:05Yeah.
- 1:15:08So, this is this is what I'm thinking
- 1:15:09right now. Um,
- 1:15:13when we were up here, I wanted to see us
- 1:15:16come lower. I was watching this area for
- 1:15:19a bounce after we took these lows or
- 1:15:22took these lows.
- 1:15:24I tried to short right here. It was kind
- 1:15:27of whiplashing back and forth. So, I
- 1:15:29moved my stop to break even. Got hit at
- 1:15:30break even. And then when we were
- 1:15:33looking for a long position down here, I
- 1:15:34hesitated. And now it's making its move.
- 1:15:38And now it's beginning to chop. So in a
- 1:15:41situation like that,
- 1:15:43analysis was right. Came down. Look for
- 1:15:47this area for a bounce. We did bounce.
- 1:15:50Now we're chopping. Now if I sit here
- 1:15:52and I think to myself, well, I missed
- 1:15:55this and I missed this. Let me try and
- 1:15:57force something in here. Look at this.
- 1:16:00This is disgusting.
- 1:16:03So,
- 1:16:06it would be the smartest decision for me
- 1:16:08to just stop trading,
- 1:16:11which is exactly what I'm going to do.
- 1:16:14I'm going to just like wait. I'm going
- 1:16:17to lock out of this. I'm going to wait
- 1:16:20for uh
- 1:16:25I want to take a long, but I know I
- 1:16:26shouldn't do it. I'm going to wait for
- 1:16:29um
- 1:16:31the day to end and I'm just going to
- 1:16:33take my payout
- 1:16:35and then we'll just come back tomorrow
- 1:16:37for NFP
- 1:16:39and um
- 1:16:41trade the other accounts.
- 1:16:44I'd rather have my analysis be right and
- 1:16:46then just end the day break even then
- 1:16:48have my analysis be right then try and
- 1:16:50force something and then end the day
- 1:16:51red. I'd be kind of upset. So,
- 1:16:54we're going to protect uh the tilt here.
- 1:16:56We're gonna make sure we don't even put
- 1:16:57ourselves in a situation where we could
- 1:17:00tilt
- 1:17:02uh this account. How many days green?
- 1:17:05Look at this.
- 1:17:08Like
- 1:17:09I think I'm on 23 days green on this
- 1:17:12account right now.
- 1:17:16This one
- 1:17:18technically I I ruined my streak with
- 1:17:20this $3 loss.
- 1:17:24L trader.
- 1:17:30But you know what?
- 1:17:32I'd rather take that $3 loss.
- 1:17:36Oh.
- 1:17:38Oh, days green. Well, in total days
- 1:17:41green, I have like 30 35 35 green days
- 1:17:45on this account, but it's just 23 in a
- 1:17:48row,
- 1:17:50which is what I was kind of saying.
- 1:17:56Oh, do we trade this? Do we go long
- 1:17:58here? It's about to run.
- 1:18:08Squeeze out a $200 day real quick.
- 1:18:17Oh, that's crazy.
- 1:18:26I'm going to sit here for a second
- 1:18:30and I might take I I might try and trade
- 1:18:33that account.
- 1:18:38Although, I'm not going to lie, dude. If
- 1:18:40I said that I wasn't going to take a
- 1:18:41trade and I take a trade and it loses,
- 1:18:42I'm gonna
- 1:18:45>> I'm going to feel like such a [Â __Â ]
- 1:18:57My sign to not take a trade is going to
- 1:18:59be if the next candle opens up and we
- 1:19:02have large red bubbles pop back up and
- 1:19:04we slam back down to this chop.
- 1:19:52Oh [Â __Â ]
- 1:19:56I don't know if I'm going to be able to
- 1:19:57full port CPI.
- 1:20:01Why do they have to have it on a Friday?
- 1:20:02I have to go to a wedding this weekend.
- 1:20:09>> Nah, [Â __Â ] that. I'mma do it on my phone.
- 1:20:12I won't be able to stream on Friday, but
- 1:20:16I'm going to full port it on my phone,
- 1:20:22>> but I'm literally going to be gone. I'll
- 1:20:25bring my iPad. full poor CPI on the on
- 1:20:28the go on the iPad.
- 1:20:38That's a bummer.
- 1:20:40What a weird week. NFP on Wednesday, CPI
- 1:20:44on Friday.
- 1:20:47Throwing me off.
- 1:21:21Man, what a Good decision to wait for
- 1:21:23that. My dumb ass might have tried to
- 1:21:25take a short, right? Or long right
- 1:21:26there.
- 1:21:28We slam right back down into the range.
- 1:21:30So, you know what that means? That's a
- 1:21:31sign. That's a sign. I'm going to lock
- 1:21:35out of this account, do myself a favor,
- 1:21:37eat my $3 loss, and I will be back
- 1:21:41tomorrow
- 1:21:43um
- 1:21:46like 15 minutes before open. So, I'll
- 1:21:48catch you guys later.
- 1:21:50Peace.
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