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Lost -$962 on the funded accounts | 🔴 Live NQ Futures Trading | Order Flow & Prop Firms — Transcript

by Christopher Creamer | Orderflow Trader · 9,181 words · 1,514 segments · language en · Watch on YouTube

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  1. 0:04feel.
  2. 0:33All right, we're back for another day.
  3. 1:23All right. So, I'm currently waiting. We
  4. 1:25had a major pump before market open.
  5. 1:29Not a major pump, but we've been pumping
  6. 1:31all day. I am expecting this to come
  7. 1:32back, though.
  8. 2:10We're just going to sit here a little
  9. 2:11bit and just chill and wait for uh
  10. 2:18market open.
  11. 2:52Take a Look here on the daily.
  12. 4:10But if we are going to go lower, I am
  13. 4:12looking at this area right here.
  14. 4:15I don't really want to see it go above
  15. 4:21like 660 680 or else
  16. 4:24I don't think we're going lower. But
  17. 4:27realistically,
  18. 4:33I would like to see us retrace, not
  19. 4:35necessarily fill the gap, but just
  20. 4:37retrace back into this move from
  21. 4:40overnight at least half of it.
  22. 4:45Maybe somewhere around 52500.
  23. 4:51But I'm definitely not going to try and
  24. 4:53call the top of this right now.
  25. 5:23>> [snorts]
  26. 5:59>> Jeez, dude. What a pump on silver.
  27. 6:14It's cold looking. Like gold's pumping,
  28. 6:16too.
  29. 7:56I want to see this realistically come up
  30. 7:58a little bit more. And then
  31. 8:01I would be pretty surprised honestly if
  32. 8:03we don't at least retrace some of this
  33. 8:07um move.
  34. 8:09I'm not expecting us to fill the gap
  35. 8:12today though. I think it's likely that
  36. 8:15we do retrace somewhere into here at
  37. 8:17least like
  38. 8:19back towards the middle of London or
  39. 8:22Asia highs.
  40. 8:24But this is a pretty big
  41. 8:26pump pre-market.
  42. 8:32So, we'll see what happens. But
  43. 8:36we got about 13 minutes left
  44. 8:40until market open.
  45. 8:43Last night I did take a trade on silver.
  46. 8:45So, this is like a new funded account.
  47. 8:50We made like 800 on it.
  48. 8:53I did take a payout on this account on
  49. 8:56Friday. So, this is the balance now. So,
  50. 8:59we already we took our first payout for
  51. 9:022026.
  52. 9:04We got some funded accounts. We're
  53. 9:06trying to uh take our second payout at
  54. 9:082026, but
  55. 9:11I got to get some more winning days. And
  56. 9:14then we also have um I also have this
  57. 9:17account too where I just made like 200
  58. 9:19bucks on it last night.
  59. 9:22It's a brand new funded account with
  60. 9:25Alpha Futures.
  61. 9:28So,
  62. 9:30we are gonna try and
  63. 9:35not lose all of our money today.
  64. 9:42And also, I don't know how uh the market
  65. 9:46I'm not really expecting like a major
  66. 9:49reaction from like the news that
  67. 9:52happened over the weekend, but you never
  68. 9:54know. So,
  69. 9:59but I definitely don't want if I'm
  70. 10:01looking for price to kind of revert back
  71. 10:05and come back into this area. I don't
  72. 10:08really want price to start getting above
  73. 10:11like
  74. 10:13660 680 area.
  75. 10:21It's just uh that'd be a pretty crazy
  76. 10:23pump because right now we have
  77. 10:26all three sessions going in the same
  78. 10:28direction basically.
  79. 10:34So, we're going to wait for open and I'm
  80. 10:36going to
  81. 10:38look to see if there's an opportunity
  82. 10:40to potentially take it short at least
  83. 10:43back to
  84. 10:46pre-market lows probably.
  85. 10:52But I'm not going to force it or try and
  86. 10:56call the top of a pump.
  87. 11:11That's crazy. Silver is just ripping
  88. 11:14right now.
  89. 11:24What's the dollar doing? It's tanking.
  90. 11:48What's up?
  91. 11:53So, we're just going to wait. But I am
  92. 11:55expecting this pump to stop at some
  93. 11:57point. Well, I'm watching for it to
  94. 11:59stop. I'm not expecting it to stop, but
  95. 12:09it is a pretty strong pre-market move,
  96. 12:11though.
  97. 12:37I do need to make some profits on this
  98. 12:42account. This account's one day in,
  99. 12:46so I need to
  100. 12:49probably focus on these two accounts
  101. 12:51today.
  102. 12:59But finally the holiday season is over.
  103. 13:01That was
  104. 13:04bothering me not having full weeks. Not
  105. 13:06bothering me, but it just made it kind
  106. 13:09of weird. So, we're back to the normal
  107. 13:12schedule, which is chill.
  108. 13:22So hopefully now that it's January,
  109. 13:26price action is chill,
  110. 13:28we won't have like random days
  111. 13:30throughout the week where it's like a
  112. 13:32half day or no trading day.
  113. 13:37Unless we're going to try and uh
  114. 13:40get more funded accounts
  115. 13:46because so far this month
  116. 13:49on Friday we pulled one payout. So, and
  117. 13:53we haven't spent any money on
  118. 13:54evaluations so far because we spent the
  119. 13:58profits from
  120. 14:01December to try and build some more
  121. 14:03accounts. So, we're currently net
  122. 14:05positive on the month in January. I'm
  123. 14:07trying to just I think I'm going to try
  124. 14:10and get another payout first
  125. 14:13before I start buying more accounts
  126. 14:18and then we will try and get up to like
  127. 14:20eight eight or 10 funded accounts
  128. 14:25and then I'll probably start trading
  129. 14:27some of them pretty aggressively.
  130. 14:31But until then, we just got to focus on
  131. 14:37staying net positive in January.
  132. 14:39Realistically, it's the only goal.
  133. 14:52PMIs today.
  134. 14:54Yeah. At 10:00 a.m. Eastern.
  135. 15:00That's good to know. Almost forgot about
  136. 15:03those. Thanks for reminding me. I need
  137. 15:06to set an alarm on my phone.
  138. 15:16Yeah, happy new year. I hope you had a
  139. 15:17good break, too. But we're back to the
  140. 15:20normal schedule. So,
  141. 15:26I'm looking forward to 2026. I think I'm
  142. 15:28going to have a good year this year.
  143. 15:30Well, I don't know. in terms of price
  144. 15:32action. But in terms of my trading, I
  145. 15:35think I'm going to have a good year this
  146. 15:36year.
  147. 15:38As long as I just don't
  148. 15:41start tilting.
  149. 15:46So, we're going to try and make sure
  150. 15:47that doesn't happen.
  151. 16:03But yeah,
  152. 16:05in case you just joined,
  153. 16:08um, we are pumping up, but
  154. 16:11preferably like I would want to see us
  155. 16:14actually
  156. 16:16retrace
  157. 16:17this pump.
  158. 16:21Not the whole thing, obviously. I don't
  159. 16:23think we're going to fill the gap today,
  160. 16:25but I just
  161. 16:29Well, I definitely hope we're not going
  162. 16:30to just like pump all day because then I
  163. 16:32probably won't even take a trade.
  164. 16:37Go charting.
  165. 16:39I've never heard of it.
  166. 16:43Uh it will automatically scroll the
  167. 16:45footprint if we start like if we just
  168. 16:47start pumping right here right now or we
  169. 16:49start melting
  170. 16:51um it'll follow it.
  171. 16:55So you don't have to always move your
  172. 16:56charts around.
  173. 17:00But Bobby, let me know how you like go
  174. 17:03charting. I've never heard of that
  175. 17:04before.
  176. 17:06Probably take a look at it.
  177. 17:20Oh, web base. That's pretty cool. It's a
  178. 17:25web-based footprint chart.
  179. 17:29Are you able to use it on your phone?
  180. 17:42Did this candle this hourly candle open
  181. 17:44without a wick?
  182. 17:48No, it was a tiny wick.
  183. 17:57On New Year's, I did nothing, dude. I
  184. 17:59went to sleep. I'm like a old person.
  185. 18:14It's like a copy of Trading View, but it
  186. 18:16has footprint though, right? and not
  187. 18:17like a [ __ ] footprint like the
  188. 18:19footprint that Trading View has. Is it
  189. 18:21like uh actual level two data?
  190. 18:36All right, we got a couple minutes to
  191. 18:38market open.
  192. 18:55Oh, it's pretty cool.
  193. 19:00Footprint on mobile.
  194. 19:03I have to check it out.
  195. 19:28How much do they charge for it? Like
  196. 19:30what's the subscription?
  197. 19:52So, I'm kind of expecting us to
  198. 19:56to push into this area, but
  199. 20:01I would I would be pretty surprised,
  200. 20:02honestly, if we just like rip all day
  201. 20:06and then take these highs. We end up
  202. 20:09taking these highs, I would be pretty
  203. 20:11surprised,
  204. 20:13but it's, you know, obviously a
  205. 20:14possibility. So, need to keep that in
  206. 20:17mind.
  207. 20:20But I would like to see this at least
  208. 20:21come back down a little bit because I
  209. 20:24don't I don't even feel comfortable
  210. 20:26trying to long this right when it's
  211. 20:31just pumping.
  212. 20:38Because at this point, realistically,
  213. 20:42the only target for a draw would, you
  214. 20:44know, be these highs basically
  215. 20:48to the upside.
  216. 20:57All right, so market just opened. See
  217. 21:00what it wants to do.
  218. 21:05There's a
  219. 21:08What the hell is happening?
  220. 21:10My data is delayed.
  221. 21:16That's not good.
  222. 21:29Hold on. Let me see how my data is
  223. 21:30delayed.
  224. 21:38Yeah, Rhythmic has a data delay right
  225. 21:40now,
  226. 21:41so I have to wait.
  227. 21:54Well, that's a bummer.
  228. 22:04You can't see it on my chart, but at the
  229. 22:06top there's like a market data latency.
  230. 22:09It's like 33,000 milliseconds. So, it's
  231. 22:12pretty late right now. It's pretty
  232. 22:14delayed.
  233. 22:24I'm going to actually try and attempt a
  234. 22:27short position right now.
  235. 22:32But I'm going to need kind of like a big
  236. 22:34ass stop loss. My bad.
  237. 22:38But I want to see us basically retrace
  238. 22:42if we just pop back up because
  239. 22:45we're technically below the buyers right
  240. 22:47now.
  241. 22:49But if we just pop back up, then
  242. 22:51whatever. I'll just take the L and this
  243. 22:54account will be pretty close to being
  244. 22:56blown. But I already pulled a payout on
  245. 22:58it, so it's not the end of the world.
  246. 23:06I got to see.
  247. 23:12All right. I mean, at this point, it's
  248. 23:14pretty safe [clears throat] to move to
  249. 23:15break even.
  250. 23:18because I don't want it to uh snap back.
  251. 23:26Dude, this is so [ __ ] though, having my
  252. 23:28footprint
  253. 23:30all [ __ ] up.
  254. 23:33I'll probably try and
  255. 23:36target 100 points for pre-market or
  256. 23:40yeah, 100 points for pre-market lows.
  257. 23:44See if we could make like two grand.
  258. 23:47And that'll
  259. 23:49breathe a lot of life into this uh
  260. 23:51account. That's for sure. But we are
  261. 23:54approaching like if you were to look at
  262. 23:55the 15minute, we are approaching the
  263. 24:01Oh, never mind. I'm looking at my
  264. 24:03footprint chart and I keep forgetting
  265. 24:04that the data is delayed, which is not
  266. 24:07good.
  267. 24:15All right, we got hit at break even.
  268. 24:20I still want to see
  269. 24:22a further uh retracement lower,
  270. 24:26but
  271. 24:29it's kind of hard for me to make
  272. 24:31decisions right now because I don't have
  273. 24:32trading. I don't have my footprint
  274. 24:34working.
  275. 24:39[clears throat] But this is definitely
  276. 24:40the target right here. for pre-market
  277. 24:42lows.
  278. 24:5210,000.
  279. 24:55Wait, is that 104,000
  280. 24:58milliseconds? What is that?
  281. 25:02What is 104,000 milliseconds in seconds?
  282. 25:16No way.
  283. 25:20It's delayed by 100 seconds.
  284. 25:24Oh my goodness. It's [ __ ] terrible.
  285. 25:39It's hard for me to do anything. So, I
  286. 25:41guess we're just going to have to wait.
  287. 25:44If you guys use rhythmic and you notice
  288. 25:46that it's like fixed,
  289. 25:48um,
  290. 25:51let me know.
  291. 25:55But it's whack because I do want to try
  292. 25:57and take a short position, but I can't
  293. 25:59because I can't see what the hell is
  294. 26:01going what the hell is going on. That's
  295. 26:03also why I had to move my stop to break
  296. 26:06even because
  297. 26:10at that point I'm just I'm not even
  298. 26:12going off of order flow. I'm just going
  299. 26:13off of just candles which I can still
  300. 26:16read candles obviously but
  301. 26:20makes me feel like I'm blind.
  302. 26:57Oh my god, dude. I feel like I just got
  303. 26:59finessed.
  304. 27:03It screwed me.
  305. 27:20This played out exactly how I thought it
  306. 27:22was going to play out.
  307. 27:31Damn it.
  308. 27:33Well, there's still room. We're still
  309. 27:35probably coming here and probably even
  310. 27:37here.
  311. 27:39These two lows, I'm expecting us to
  312. 27:43basically come back towards Asia
  313. 27:45session. So,
  314. 27:47whether or not that
  315. 27:51we actually hit the highs or not, I am
  316. 27:53still expecting us to at least take
  317. 27:54either at least probably take this low.
  318. 27:56But
  319. 27:59we'll see what happens. I also can't
  320. 28:02well I can't see what what's happening
  321. 28:04but we'll see how it pans out.
  322. 28:11But the reason why I
  323. 28:14so earlier I was telling you guys like
  324. 28:18I was looking to short it in this area
  325. 28:20right and so once this uh fivem minute
  326. 28:24candle flipped bearish I went short but
  327. 28:26it it's a pretty large uh
  328. 28:31it's a pretty large wick so I was
  329. 28:34risking I had to risk likeund
  330. 28:38and
  331. 28:39[ __ ] 80 ticks or something. And then
  332. 28:42once we started coming down, I couldn't
  333. 28:44see on the footprint chart because of
  334. 28:46the delay, I couldn't see whether or not
  335. 28:49the aggression was continuing or if
  336. 28:52buyers were stepping in or whatever,
  337. 28:54right? So, I just had to move it to
  338. 28:55break even.
  339. 28:57um just to protect myself
  340. 29:01cuz like even right now like yeah we
  341. 29:03have this big wick right here and you
  342. 29:06can make the assumption that buyers are
  343. 29:08stepping in but you don't know for sure
  344. 29:09because or I don't know for sure because
  345. 29:14I mean they are stepping in to an extent
  346. 29:15because we have a wick obviously but I
  347. 29:18can't see it. I feel like I'm
  348. 29:24feel like I'm in the dark right now.
  349. 29:27[ __ ] rhythmic, dude.
  350. 29:31And this is not prop data either. This
  351. 29:33is like I paid for this data straight
  352. 29:35through Rhythmic. So, [ __ ] them for
  353. 29:36doing that.
  354. 29:40Actually, haven't really had any
  355. 29:41problems with rhythmic data. Um
  356. 29:45because it's not rhythmic paper trading.
  357. 29:47It's normal
  358. 29:49Chicago connection.
  359. 29:57So, I'll probably just have to wait. The
  360. 29:59good news is is that
  361. 30:02at least we're up on this account. It's
  362. 30:05the second day on that account. I got a
  363. 30:08um
  364. 30:10No, top step's not down. It's working
  365. 30:12just fine right now.
  366. 30:29but you know it's like a twominute delay
  367. 30:31on rhythmic.
  368. 30:37I wonder if it's going to be like that
  369. 30:38all day.
  370. 30:40But
  371. 30:44I'm not expecting us to come back up
  372. 30:46here to these highs.
  373. 30:49Oh [ __ ]
  374. 30:51I'm not expecting us to come back to
  375. 30:53these highs before we're We're
  376. 30:55definitely going to take this out and
  377. 30:56probably this out first
  378. 31:02and I can't look for
  379. 31:05like in a situation like this, right? If
  380. 31:07I was looking at a footprint chart and I
  381. 31:10think that we're not coming back up
  382. 31:12here, somewhere in this move down
  383. 31:16is basically a level that I would be
  384. 31:18looking to take, but I I don't know
  385. 31:19where it is.
  386. 31:21And like I don't trade like candlestick
  387. 31:25patterns and [ __ ] So,
  388. 31:31we're just going to have to watch it
  389. 31:32happen basically
  390. 31:35cuz I wouldn't know where to put my stop
  391. 31:37either.
  392. 31:40I mean, the PC of the previous candle is
  393. 31:42where 600
  394. 31:44on the five minute, which is
  395. 31:49right here. See, like
  396. 31:53it's [ __ ] annoying. All
  397. 32:11right, I'm going to just take a short
  398. 32:13right now. Honestly,
  399. 32:15I'm going to have to have a pretty big
  400. 32:19stoploss.
  401. 32:21I'm actually going to wait for the 15
  402. 32:23minute to close.
  403. 32:29So, I'm going to wait for this
  404. 32:30fiveminute candle to close and the 15
  405. 32:32minutes to close and then I might I
  406. 32:34might take a short, but I can't see
  407. 32:36anything.
  408. 33:14Well, I guess we just have to sit here.
  409. 33:18And the delay is getting larger and
  410. 33:20larger and larger for rhythmic.
  411. 33:38It's at like 230 seconds right now.
  412. 33:43So, what is that?
  413. 33:46It's a lot of [music] minutes.
  414. 33:57All right. In the meantime, let me see
  415. 33:58what silver's doing. It's coming back.
  416. 34:02Gold's coming. Gold's not coming back.
  417. 34:06Oops.
  418. 34:44What a shitty way to start the week.
  419. 34:54Look at uh the wick on the hourly. I'm
  420. 34:57expecting probably this hourly to be
  421. 34:59closing bullish.
  422. 35:02or if it does close bullish,
  423. 35:06then I'd want to see it come down here.
  424. 35:08I don't think we're going to fill the
  425. 35:09gap today, though. I think that's going
  426. 35:11to be left for later this week.
  427. 35:13I mean, it might, but
  428. 35:19um I mean, I'll know when rhythmic data
  429. 35:22is normal again when Let me see if I
  430. 35:25could show you guys. You see, you see
  431. 35:27this right here?
  432. 35:29It's showing that there's a a delay.
  433. 35:34So
  434. 35:36basically like I know that and obviously
  435. 35:39I can just see it but I know that um
  436. 35:43the data is delayed. So whenever this
  437. 35:46goes away or if I hear that I see
  438. 35:50somewhere that the rhythmic data is back
  439. 35:54then if it doesn't automatically fix it
  440. 35:57and remove this warning right here then
  441. 36:00I'll probably just uh res restart a
  442. 36:03task. But it should just do it
  443. 36:04automatically
  444. 36:06realistically.
  445. 36:09So, put this back.
  446. 36:19But yeah, I I'll be able to know. I I'll
  447. 36:21know when it's back. And if I see that
  448. 36:23it's back, I'll tell you guys. But
  449. 36:27as of right now, we just got to
  450. 36:30basically sit around
  451. 36:38cuz like I can't I don't know. I don't
  452. 36:40know what the order flows looks like.
  453. 36:57Silver is probably going to keep pumping
  454. 36:58though.
  455. 37:09Oh, your yours is good right now. All
  456. 37:10right, let me try and restart this.
  457. 37:52Silver's coming back up. Maybe we take a
  458. 37:55silver trade. I don't really need order
  459. 37:57flow for silver, but
  460. 38:00it's kind of sketchy to trade silver
  461. 38:02sometimes.
  462. 38:07All right, let's see if uh my data is
  463. 38:10fixed or not.
  464. 38:22Chill. It looks like it's fixed.
  465. 38:39[ __ ] dude.
  466. 39:02All right. Well, our data is back, which
  467. 39:05is chill.
  468. 39:07So, let me see if
  469. 39:11I gotta be careful, though. We do have
  470. 39:13uh PMI,
  471. 39:16so I got to wait a second. But I still
  472. 39:18think it's likely we go lower before we
  473. 39:21take this high.
  474. 39:42ATR is pretty big right now. It's like
  475. 39:4430 points on a fivem minute candle.
  476. 39:55I would like to see us realistically
  477. 39:57come down to 500
  478. 40:00and wick past it to wick these lows.
  479. 40:12This fivem minute candle right now is
  480. 40:14almost 100 points. It's like 72 points.
  481. 40:37>> So, we got about 17 seconds left in this
  482. 40:40five minute
  483. 40:53impossible to attain.
  484. 41:07Oh, the delay just came back.
  485. 41:11Yeah, rhythmic is all [ __ ] up right
  486. 41:12now.
  487. 41:14Oh, it's gone.
  488. 41:18Well, it's still kind of there,
  489. 41:19actually.
  490. 41:36All right, I'm actually going to have to
  491. 41:38size down, but I do want to try shorts.
  492. 41:44So, where would my stop have to be?
  493. 41:46[ __ ] it'd have to be up here.
  494. 41:49All right.
  495. 41:56So, I'm going to try and take a short,
  496. 41:58but
  497. 42:01it's going to require like a huge
  498. 42:03[ __ ] stoploss
  499. 42:08and the risk-to-rewards kind of [ __ ]
  500. 42:11honestly.
  501. 42:28But if we are going to continue lower,
  502. 42:30we realistically shouldn't get back
  503. 42:31above that 5minute candle that just
  504. 42:33closed.
  505. 42:44But if it does, because we also h we
  506. 42:46also have PMI coming out. So, this might
  507. 42:48just like stay right here until PMI. And
  508. 42:52then if PMI comes out and pumps, then
  509. 42:54we'll just
  510. 42:56take the L on this account. I'll
  511. 42:57probably just move to move to the other
  512. 42:59account.
  513. 43:03But I do want to see
  514. 43:06I do want to see these lows get taken
  515. 43:08out.
  516. 43:1876.
  517. 43:24Such a big ass [ __ ] stop, dude.
  518. 43:51So, I'm looking for the PC to hold, but
  519. 43:53if it doesn't, I'm just going to get
  520. 43:54stopped right now.
  521. 43:57This account will be back to like
  522. 44:01$900 something dollars, but this is the
  523. 44:04account we pulled the payout on on
  524. 44:06Friday, so it's okay. The end of the
  525. 44:08day.
  526. 45:18What up, Ramy?
  527. 45:29So, we got about 20 seconds left. If we
  528. 45:32can close like this and keep the PC's up
  529. 45:37here, it'll make me feel a little bit
  530. 45:39better, but it's still pretty sketchy
  531. 45:41because we're not going anywhere. News
  532. 45:43is about to come out. So,
  533. 45:48I got a pretty [ __ ] entry.
  534. 45:50Realistically, the entry probably should
  535. 45:51have been at the retest of the previous
  536. 45:53candles PC because then at least the uh
  537. 45:58yeah, we don't that's not a good close.
  538. 46:01At least the um riskto-reward would have
  539. 46:04been better. Like right now it's not
  540. 46:06even a 2R and we're about to take like a
  541. 46:12like a [ __ ] what 80 point 80 point
  542. 46:16stop loss which is huge but
  543. 46:20I went half size so I went five micros
  544. 46:24but it's still going to be like 500
  545. 46:26bucks and this account only has like
  546. 46:281,500 to start the day anyways after the
  547. 46:31payout on Friday.
  548. 46:45And this is the last 5minute candle
  549. 46:47before news. So, we'll see what happens.
  550. 48:00So, we got news in three minutes.
  551. 48:04If we can get a little lower, it'll make
  552. 48:06me feel better. So, it's less likely
  553. 48:09I'll get like wicked out and then it
  554. 48:11comes down. But if PMI comes out and it
  555. 48:14literally just pumps, there's nothing we
  556. 48:16can do about it. So,
  557. 48:41And plus, we have the hourly candle
  558. 48:43right now, which looks like this.
  559. 48:50So, like, let's say we close bullish
  560. 48:54with this big ass wick right here, like
  561. 48:56a bullish candle.
  562. 48:59I mean, we could retrace back into this
  563. 49:01wick before we actually move down.
  564. 49:05It'd be better if we close the hourly
  565. 49:08candle lower
  566. 49:12because then it if we are going to go
  567. 49:14lower, it probably wouldn't retrace that
  568. 49:16far into this wick.
  569. 49:22At least that's what I think. So,
  570. 49:27oh, you couldn't even see that. My bad.
  571. 49:34This is what the hourly looks like. I I
  572. 49:38want I would like it to close bearish
  573. 49:41realistically
  574. 49:44with this big ass wick
  575. 49:48and then I think it's reasonable that we
  576. 49:50probably retrace at least half of this
  577. 49:52move.
  578. 49:56or we don't and PMI comes out in a
  579. 50:00minute and we just rip higher,
  580. 50:05which it's starting to look like it's
  581. 50:06going to happen because sellers just try
  582. 50:07to push down right now and they're
  583. 50:09failing to do it.
  584. 50:51All right, let's see what news does.
  585. 50:56Oh, that's not good. That's not good.
  586. 51:17Gold's ripping right now. Let me look.
  587. 51:23Yeah, it is. Same with silver.
  588. 51:32Crazy pump.
  589. 51:37I'm actually pretty surprised I didn't
  590. 51:39get stopped out of this yet.
  591. 51:48We're just like consolidating right
  592. 51:50here.
  593. 52:00All right, we're getting selling
  594. 52:01pressure again. We'll see if it can
  595. 52:03actually continue this time.
  596. 52:18We're going for about 80 points.
  597. 52:23So, what is this? The stop loss is 57
  598. 52:26points.
  599. 52:29The takerit is 82 points.
  600. 52:33But we need to see like some actual
  601. 52:37aggression right here.
  602. 52:39Otherwise, because we're starting to
  603. 52:41consolidate, so like sellers can't
  604. 52:43really get below this level. Otherwise,
  605. 52:46this is going to happen.
  606. 53:09And it sucks because we started uh we
  607. 53:12started consolidating and I basically
  608. 53:14caught the bottom of the consolidation.
  609. 53:22It's [ __ ] stupid.
  610. 53:37All
  611. 53:49right, we're going to get taken out of
  612. 53:50this right now. It's probably going to
  613. 54:01if it does break out of this uh
  614. 54:03consolidation right here, I'd need to
  615. 54:04see like how hard it's going to break
  616. 54:06out of it or if there's going to be any
  617. 54:08continuation
  618. 54:10or not
  619. 54:18because we may just be
  620. 54:21grinding up all day like just ripping
  621. 54:23higher all day
  622. 54:26because if we do that then I can't
  623. 54:27really trade because I don't want to
  624. 54:29take longs up here. I'd rather just not
  625. 54:32take a trade at all.
  626. 54:47At least I'd wait.
  627. 55:10But if it does break through this, it's
  628. 55:12going to probably do it pretty hard.
  629. 55:25>> Order filled
  630. 55:26>> like that.
  631. 55:28All right. So, we're down $500 on this
  632. 55:31account.
  633. 55:33The balance. So, we had a $3,000
  634. 55:36balance. We took a payout, then we lost
  635. 55:38500.
  636. 55:40Kind of a shitty trade. So, we're not
  637. 55:43going to touch this anymore today. At
  638. 55:45least not with this. I will
  639. 55:51see what I can do on this account
  640. 55:53because this account has the full $2,000
  641. 55:55of draw down.
  642. 55:58But I'm going to wait to see what this
  643. 56:00does right here.
  644. 56:12[snorts] But if I take a trade on this
  645. 56:14account
  646. 56:16and I lose, I'll probably just stop
  647. 56:18trading on the day I'm up on this
  648. 56:21account and then I'm up on this account.
  649. 56:23So, I don't want to
  650. 56:26I don't want to go red on like all of my
  651. 56:28accounts basically.
  652. 56:33Well, actually, I can't go red on this
  653. 56:36account because this account I already
  654. 56:37locked out of it after last night.
  655. 57:51But until we get past like
  656. 57:55until we get past like the highs here,
  657. 58:00I still think that there's a potential
  658. 58:02we do go lower, but I just don't want to
  659. 58:04take it because we chopped right here. I
  660. 58:07would have to wait. If I wanted to try
  661. 58:09another short, the safest thing to do is
  662. 58:13I would have to wait for like a massive
  663. 58:16amount of selling pressure to come
  664. 58:18through and for a candle to close with a
  665. 58:22very small wick basically
  666. 58:25at the bottom of this
  667. 58:28and then the risk-to-reward would be
  668. 58:30like super [ __ ] too. So,
  669. 58:34probably better just to wait.
  670. 58:46We can't really trade anything else
  671. 58:47right now because silver's just ripping.
  672. 58:51Gold's just ripping.
  673. 59:10So, we'll see if uh we can wait it out
  674. 59:15and hopefully have some type of
  675. 59:18momentum in either direction.
  676. 59:45We do have a lot of news this week
  677. 59:47though.
  678. 59:49So, if today is not the day,
  679. 59:52then today's not the day.
  680. 59:56And there will probably be better
  681. 59:57opportunities later this week.
  682. 1:00:02So, there's no reason for us to I mean,
  683. 1:00:04if literally it doesn't do [ __ ]
  684. 1:00:08We have buyers coming in right now, but
  685. 1:00:10if this doesn't do anything, it's like
  686. 1:00:13uh
  687. 1:00:15there's no reason to try and risk
  688. 1:00:17capital right now
  689. 1:00:21because
  690. 1:00:24why would you want to do that here? The
  691. 1:00:25volume's good though. It's just not
  692. 1:00:27going anywhere.
  693. 1:00:31Yeah, gold the commodities during Asia
  694. 1:00:33session is great. That's how uh I mean
  695. 1:00:36that's
  696. 1:00:38Asia session. I caught a trade on silver
  697. 1:00:41with one micro and basically made $900.
  698. 1:00:47Um,
  699. 1:00:49it's better to trade, in my opinion, I
  700. 1:00:51like trading gold and silver
  701. 1:00:54during Asia session and not dur during
  702. 1:00:57New York.
  703. 1:01:02But an 80% win rate's pretty good. I
  704. 1:01:06mean, it just depends on what your s
  705. 1:01:07your sample size is and if you're
  706. 1:01:09accounting for break evens in your win
  707. 1:01:11rate because then it's not really like a
  708. 1:01:13true 80%. But regardless, it's great.
  709. 1:01:24But 4:00 a.m. to trade is pretty crazy.
  710. 1:01:26I wouldn't be able to do that. Well, I
  711. 1:01:28guess I kind of do that already. I wake
  712. 1:01:30up at 5 because I'm on the West Coast.
  713. 1:01:33So, I wake up at 5, trade market open at
  714. 1:01:356.
  715. 1:02:08Uh yeah, basically I'm just like a
  716. 1:02:11little south of LA.
  717. 1:02:15I'm like 45 minutes south of LA
  718. 1:02:18basically without traffic.
  719. 1:02:26So what I'm looking at right now is
  720. 1:02:30pre-market we attempted to go higher and
  721. 1:02:32we had buyers stepping in right here and
  722. 1:02:35they basically failed and we came down.
  723. 1:02:39sellers couldn't push lower. So then we
  724. 1:02:41basically
  725. 1:02:43had fair value here for a little bit.
  726. 1:02:46Then this large order came in, but that
  727. 1:02:49was just clearing out an order on the
  728. 1:02:51book. And then we had two
  729. 1:02:54smaller big trades here. And then
  730. 1:02:58there's like yet to be any type of
  731. 1:03:00follow through.
  732. 1:03:04So, this is setting up to look like
  733. 1:03:08we're gonna stay potentially within this
  734. 1:03:11range unless
  735. 1:03:13buyers step in again and push it really
  736. 1:03:16hard. Then the target would probably be
  737. 1:03:18at least 700
  738. 1:03:22or at least the highs obviously, but
  739. 1:03:23probably 700
  740. 1:03:26um up here.
  741. 1:03:57Well, at least he got out for a 3R.
  742. 1:03:59That's pretty good.
  743. 1:04:04That's great.
  744. 1:04:16You know what? Maybe I'll probably
  745. 1:04:43That's That sucks. I'm surprised we
  746. 1:04:46didn't actually take pre-market lows,
  747. 1:04:48but
  748. 1:04:54it is what it is. I want to see how the
  749. 1:04:5715 minutes going to close.
  750. 1:05:0015 minute and then how does five minutes
  751. 1:05:03going to close?
  752. 1:05:16No, I'm not going to touch this account.
  753. 1:05:19Honestly,
  754. 1:05:20today's not the day. I'll just let it
  755. 1:05:22have its $200 day.
  756. 1:05:41Nice.
  757. 1:05:44Trading micros on gold. Just longing it
  758. 1:05:47or what?
  759. 1:05:52All
  760. 1:06:06right. It's going to
  761. 1:06:17All right, let's see if we can get some
  762. 1:06:19type of follow through. Keeps taking the
  763. 1:06:21orders above the range.
  764. 1:07:12there. having tr the buyers are having
  765. 1:07:14trouble getting past here.
  766. 1:07:45So, I want to see how this five minute
  767. 1:07:46is going to close.
  768. 1:07:48If it fails again and we actually close
  769. 1:07:53pretty strong bearish,
  770. 1:07:56I might try the shorts one more time.
  771. 1:07:58But
  772. 1:08:02if I lose that trade, then I'm just
  773. 1:08:04going to stop trading for today. That'll
  774. 1:08:06be two trades, two losses during New
  775. 1:08:09York session, and I'll just probably
  776. 1:08:11wait for
  777. 1:08:14more directional price action. Hopefully
  778. 1:08:16next
  779. 1:08:18tomorrow or something.
  780. 1:08:24Do we have any news tomorrow?
  781. 1:08:27Don't we have jolts this week?
  782. 1:08:35PMI today,
  783. 1:08:38tomorrow.
  784. 1:08:40Wait a second.
  785. 1:08:42Oh, we had manufacturing PMI today and
  786. 1:08:44then tomorrow is
  787. 1:08:47composite PMI
  788. 1:08:49services or services PMI
  789. 1:08:54at 6:45 and 7 a.m.
  790. 1:09:02and then we have NFP on Friday, right?
  791. 1:09:07No, we don't. Do we?
  792. 1:09:13I'll have to look later. We definitely
  793. 1:09:15do have jolts on uh the seventh though.
  794. 1:09:51Oh, I got to work on some evals this
  795. 1:09:53week in preparation for this uh for this
  796. 1:09:56account just in case it gets blown.
  797. 1:10:04Oh, Nvidia later today. A keynote.
  798. 1:10:10When is Nvidia earnings? Is that this
  799. 1:10:12week? Is that next week?
  800. 1:10:53All right, this five minutes closing
  801. 1:10:55pretty bullish. Let's see if we can get
  802. 1:10:56some follow through. take out the highs
  803. 1:10:58and head to the 700
  804. 1:11:16for the follow through. I'd want to see
  805. 1:11:17at least this area to hold though. Like
  806. 1:11:25you don't want to really see this candle
  807. 1:11:28get back below this area.
  808. 1:12:06Cuz
  809. 1:12:22like you could try and basically go long
  810. 1:12:25right here, right now, and then the
  811. 1:12:27moment it hits this wick, you would
  812. 1:12:29basically just move your stop to break
  813. 1:12:31even.
  814. 1:12:33But
  815. 1:12:35it's just like kind of premature because
  816. 1:12:41this is pretty weak follow through right
  817. 1:12:43now of these buyers.
  818. 1:13:00So you wouldn't you wouldn't Yeah. you
  819. 1:13:02wouldn't even know if it's actually
  820. 1:13:03going to continue or not because
  821. 1:13:11because realistically like when you have
  822. 1:13:14these big trades at least what I'm
  823. 1:13:16looking for is
  824. 1:13:18if it's going to continue
  825. 1:13:21in that direction
  826. 1:13:25I would expect it to happen or I'd be
  827. 1:13:28looking for it to happen relatively
  828. 1:13:29quickly especially coming out of Uh,
  829. 1:13:33I mean, we're we're we're still in this
  830. 1:13:35um
  831. 1:13:38we're still within this 15-minute
  832. 1:13:40candle. We're almost an hour into open
  833. 1:13:42and we haven't broken out of a 15-minute
  834. 1:13:44candle yet. So, there's like
  835. 1:13:50not a lot of direction today.
  836. 1:13:53And
  837. 1:13:56recognizing that recognizing that
  838. 1:13:57there's not a lot of direction right
  839. 1:13:58now,
  840. 1:14:00it's probably a good idea to be more
  841. 1:14:02passive
  842. 1:14:05than aggressive.
  843. 1:14:08Even though something may work out, like
  844. 1:14:10even though this may totally flip and we
  845. 1:14:12go take out this huge cluster of orders
  846. 1:14:15right here. See this? all these orders
  847. 1:14:22we could, but
  848. 1:14:26for one, like
  849. 1:14:30where would you put your stop? Over
  850. 1:14:32here. Okay. Well,
  851. 1:14:36say you did that. Your stop would be
  852. 1:14:37like 30 ticks. And then where are you
  853. 1:14:39targeting or 30 points? You're targeting
  854. 1:14:41probably 700. So, unless you're
  855. 1:14:44targeting the highs, if you think we're
  856. 1:14:46going to take this out today, I don't
  857. 1:14:49if we do, we're not going to do it in
  858. 1:14:50the AM session. I don't think
  859. 1:14:54unless we just start ripping right now.
  860. 1:15:46All right, let's see if the buyers can
  861. 1:15:47start stepping in now and push this
  862. 1:15:49higher when this 5m minute closes.
  863. 1:17:15Damn, dude. I should have just taken a
  864. 1:17:16pre-market trade long on the commodities
  865. 1:17:19this morning.
  866. 1:17:22I was looking at them, too. I woke up at
  867. 1:17:23like 4:00 a.m.
  868. 1:17:32cuz NQ is just on some [ __ ] right
  869. 1:17:34now.
  870. 1:17:44But we have 3 minutes left in this
  871. 1:17:4715-minute candle
  872. 1:17:51on the 5m minute
  873. 1:18:31No, you're trying to scalp this.
  874. 1:18:34Yeah, that's tough, dude. because like
  875. 1:18:45it's just like not really having a lot
  876. 1:18:47of follow through, you know, like
  877. 1:18:50and the ATR. I mean, I don't know what
  878. 1:18:52time frame you're on, but ATR on a fivem
  879. 1:18:53minute is pretty big. Like right now,
  880. 1:18:57that candle that just happened right
  881. 1:18:58there, like
  882. 1:19:02imagine you went long right here,
  883. 1:19:05you would had to take at least like 25
  884. 1:19:07points of heat.
  885. 1:19:10So,
  886. 1:19:14pretty large order here once we took the
  887. 1:19:16highs. But um
  888. 1:19:22again like we need to see if there's
  889. 1:19:24going to be any type of continuation
  890. 1:19:27and
  891. 1:19:28the first target obviously after these
  892. 1:19:31highs
  893. 1:19:33is going to be 700 because there's
  894. 1:19:35orders there. It's a psychological
  895. 1:19:36level. But after that, there's really
  896. 1:19:39nothing until I mean, there'll probably
  897. 1:19:43be orders sitting at 750, too. But at
  898. 1:19:46that point, you just be looking for us
  899. 1:19:48to take the highs from
  900. 1:19:51uh Friday,
  901. 1:19:54the highs from Friday,
  902. 1:20:00but we have a little bit of sellers
  903. 1:20:02stepping in.
  904. 1:20:11And we are
  905. 1:20:17Oh, just on your evals. That's fine.
  906. 1:20:22It's just an evo.
  907. 1:20:41Wait, I need to see where we're at in in
  908. 1:20:43location for this range.
  909. 1:21:25platform.
  910. 1:21:27Uh I well with the prop firms I'm
  911. 1:21:29trading on project X but if there's any
  912. 1:21:33connection like like if I'm ever trading
  913. 1:21:35a live account or a different prop firm
  914. 1:21:39that doesn't offer project X then I'm
  915. 1:21:42using ATS to just execute trades on. So
  916. 1:21:45this screen I'll execute trades on this
  917. 1:21:48screen.
  918. 1:21:57But right now since I'm trading like top
  919. 1:21:59step accounts and alpha future accounts,
  920. 1:22:01I'm trading on project X.
  921. 1:22:14Damn, dude. I wish that move this
  922. 1:22:15morning had more followthrough. We would
  923. 1:22:17have been up like two grand
  924. 1:22:21instead. It just snapped back and hit my
  925. 1:22:23break even. I tried it again and then it
  926. 1:22:24got [ __ ] smoked.
  927. 1:22:37So basically
  928. 1:22:43I am watching this area right now for
  929. 1:22:48how price is going to react up here
  930. 1:22:50because
  931. 1:22:53this to me this area is like
  932. 1:22:58last line of defense and if this doesn't
  933. 1:23:01hold and bring us back down then
  934. 1:23:05we get like above this right here which
  935. 1:23:07is 7:18 here. Hold on. My bad. Like 718,
  936. 1:23:15720.
  937. 1:23:17Then we're probably heading back up
  938. 1:23:20overall on like a on a higher time frame
  939. 1:23:22though.
  940. 1:23:25Something to think about though is like
  941. 1:23:28if you were to go look at a 4 hour,
  942. 1:23:32we are bullish and the target is
  943. 1:23:34actually way up here. Like
  944. 1:23:38you would be looking for price over the
  945. 1:23:40course of this month probably to come up
  946. 1:23:42here
  947. 1:23:48at least up here
  948. 1:23:51heading towards 26,000.
  949. 1:23:53But on an intraday level, like it's not
  950. 1:23:57often. I mean, it obviously happens like
  951. 1:23:59how we see it's happening right now, but
  952. 1:24:01it's not often that we have all three
  953. 1:24:04sessions going in the same direction.
  954. 1:24:06Like
  955. 1:24:08if you were to go back and you look at
  956. 1:24:11Asia session, London session, and then
  957. 1:24:14New York, for them to all go bullish um
  958. 1:24:19is not that common. It doesn't actually
  959. 1:24:21happen that often and especially without
  960. 1:24:23New York ever revisiting Asia at all. It
  961. 1:24:26really doesn't happen that much. So like
  962. 1:24:28if you go back like let's look let's
  963. 1:24:31look right you have Asia bullish London
  964. 1:24:34bullish New York dumps takes out London
  965. 1:24:37Asia
  966. 1:24:39you had Asia basically it kind of ranged
  967. 1:24:44London was bearish we pop up
  968. 1:24:48past it. So like you see how like
  969. 1:24:50majority of the time or I guess this
  970. 1:24:52ranged a little bit but majority of the
  971. 1:24:55time it's pretty rare that we head in
  972. 1:24:57the same direction on three three um
  973. 1:25:02sessions without ever trying to revisit
  974. 1:25:05Asia. Like at least this day we came
  975. 1:25:07back up to Asia Asia lows
  976. 1:25:11or this day right you go bearish bearish
  977. 1:25:13and then we pump up and take the highs.
  978. 1:25:18So,
  979. 1:25:21kind of looks like we're just gonna
  980. 1:25:24if we don't turn around,
  981. 1:25:27we may just like slowly grind sideways.
  982. 1:25:33I mean, the volume is good, but it's
  983. 1:25:35just like
  984. 1:25:38not a lot of follow through or momentum,
  985. 1:25:41so it's hard for me to
  986. 1:25:44try and trade it. But if you're scalping
  987. 1:25:46it, you could probably pull a few points
  988. 1:25:48out the market,
  989. 1:25:50especially if the ATR
  990. 1:25:53on a fivem minute candle is like 30
  991. 1:25:55points, 36 points right now.
  992. 1:26:06But when it's doing this, like just so
  993. 1:26:09you know, by the way, when it's doing
  994. 1:26:11this, whenever we're like slowly kind of
  995. 1:26:15like moving up like this, where it's not
  996. 1:26:18like there's not a lot of speed to it,
  997. 1:26:20but it's just kind of like slowly
  998. 1:26:22grinding up,
  999. 1:26:25it is [ __ ] dangerous to try and catch
  1000. 1:26:28the top of it.
  1001. 1:26:31Even though, let's just say this may be
  1002. 1:26:33the top, right? Like
  1003. 1:26:36let's say this is the level I was
  1004. 1:26:37watching for and this could be the top.
  1005. 1:26:39Sure. But
  1006. 1:26:42it's not a good idea. It's not a good
  1007. 1:26:43idea to try and actually trade it
  1008. 1:26:46because for all we know this can slowly
  1009. 1:26:50continue to grind up grind up. So we
  1010. 1:26:53need to see like sellers step in. Well,
  1011. 1:26:56then we need to see followth through and
  1012. 1:26:58then we need to see speed start to pick
  1013. 1:27:00up
  1014. 1:27:03because until then this is this doesn't
  1015. 1:27:05mean anything. You might have people who
  1016. 1:27:06are going short right now thinking, "Oh,
  1017. 1:27:09we took the highs and we're going to
  1018. 1:27:12come down." But
  1019. 1:27:15you just got to be careful doing that.
  1020. 1:27:19It's a great way to blow your account.
  1021. 1:27:36But like even though I have a level
  1022. 1:27:37right here and like the first five
  1023. 1:27:39minute candle after we touch that level
  1024. 1:27:41we're coming down. I'm still not taking
  1025. 1:27:43the short
  1026. 1:27:48cuz I need to see like some type of
  1027. 1:27:51confirmation, some type of shift in the
  1028. 1:27:53intent of the market participants
  1029. 1:27:58because right now this is not strong.
  1030. 1:28:00This not yet.
  1031. 1:28:37So, what I'm going to look for right now
  1032. 1:28:38is I want to see how this fivem minute
  1033. 1:28:40candle is going to close. If I do decide
  1034. 1:28:43to
  1035. 1:28:45take a short position here,
  1036. 1:28:49I need like extra confirmation.
  1037. 1:28:53And of course, this can just come down
  1038. 1:28:55and then we take a short and like again
  1039. 1:28:57slowly grind up, but um
  1040. 1:29:02I don't feel comfortable taking any
  1041. 1:29:05longs realistically
  1042. 1:29:14unless market structure gets created
  1043. 1:29:16where then it would make sense to take a
  1044. 1:29:18long but right now there is really no
  1045. 1:29:21structure. I mean
  1046. 1:29:25like look at this.
  1047. 1:29:30At least on the five minute. I'm sure if
  1048. 1:29:32you were to go to like a one minute, you
  1049. 1:29:34can like
  1050. 1:29:36think of something here that you would
  1051. 1:29:37consider market structure. But for me,
  1052. 1:29:39this is just like a bunch of [ __ ]
  1053. 1:29:41noise.
  1054. 1:30:14Yeah. I mean, especially as we start to
  1055. 1:30:17head
  1056. 1:30:18um later into the day,
  1057. 1:30:25there's a good chance that like
  1058. 1:30:28cuz I don't trade uh PM session and I
  1059. 1:30:32definitely don't trade the lunch hour.
  1060. 1:30:34So,
  1061. 1:30:36usually like
  1062. 1:30:38on a normal day where price action would
  1063. 1:30:41be considered good objectively like um
  1064. 1:30:44you'll probably have good speed for like
  1065. 1:30:46one or two solid moves depending on what
  1066. 1:30:49your average target is, but my average
  1067. 1:30:50target's probably like 50 points um just
  1068. 1:30:53with the volatility volatility we've had
  1069. 1:30:56recently.
  1070. 1:30:59But I mean, sometimes if we're just
  1071. 1:31:00bullshitting all morning, I mean,
  1072. 1:31:02heading into lunch, you can have a
  1073. 1:31:03directional move, but I usually don't
  1074. 1:31:05trade that.
  1075. 1:31:22So, basically, if we were going to go
  1076. 1:31:24lower, the idea would be is you wouldn't
  1077. 1:31:26want to see us basically
  1078. 1:31:28Come back up here
  1079. 1:31:36>> like past 50% of this candle and close.
  1080. 1:31:48But it might just uh we might just
  1081. 1:31:50[ __ ] the rest of the day like
  1082. 1:31:53do some type of slow grind
  1083. 1:31:57higher and then have like a sell off at
  1084. 1:32:02uh MOC or lunch hour or after lunch hour
  1085. 1:32:05like PM session we could have that sell
  1086. 1:32:07off that I was looking for but
  1087. 1:32:12I don't trade that
  1088. 1:32:32Nice.
  1089. 1:32:36Yeah, I'm just going to wait for a
  1090. 1:32:37second. I'm slightly tempted to take a
  1091. 1:32:40short, but it's just like
  1092. 1:32:44I'll probably have to size down if I do
  1093. 1:32:46it because it's lower probability
  1094. 1:32:50conditions.
  1095. 1:33:05All right, I'm going to go short right
  1096. 1:33:07here.
  1097. 1:33:07>> Order filled.
  1098. 1:33:08>> And I'm going to see if we can break
  1099. 1:33:10past this area. We could bounce right
  1100. 1:33:12here and realistically I am going to
  1101. 1:33:14have to have like a 200 tick stop loss
  1102. 1:33:16again.
  1103. 1:33:20But we'll see if we could pick up some
  1104. 1:33:22speed because the 15 minutes looking
  1105. 1:33:25pretty good for shorts as long as it
  1106. 1:33:27actually closes over here. If it pops
  1107. 1:33:31back up, then um
  1108. 1:33:35I'll just take the L on this account,
  1109. 1:33:36too. And then I'll be down on two
  1110. 1:33:39accounts, up on two accounts, and then
  1111. 1:33:42I'll just call it a day.
  1112. 1:33:52But this is like uh anticipating like
  1113. 1:33:55it's not um there's no follow through
  1114. 1:33:58yet for sellers. So, we're kind of
  1115. 1:34:01entering prematurely. And I caught a
  1116. 1:34:03[ __ ] entry again,
  1117. 1:34:06but it's all right.
  1118. 1:34:15I'll take the L.
  1119. 1:34:33But yeah, if I lose this trade or if it
  1120. 1:34:36goes down and I move it to break even
  1121. 1:34:38and then it hits break even, um,
  1122. 1:34:43I'm going to just Oh,
  1123. 1:34:54then at least worst case scenario,
  1124. 1:34:58I'll be up on two accounts, down on two
  1125. 1:35:00accounts.
  1126. 1:35:02I could live with it.
  1127. 1:35:06Oh [ __ ] you guys can't see this. My
  1128. 1:35:08bad.
  1129. 1:35:24But I mean, we're we're respecting this
  1130. 1:35:27area that I wanted us to respect. I just
  1131. 1:35:29need to see if there's actually going to
  1132. 1:35:30be follow through lower
  1133. 1:35:35and momentum and speed to start to pick
  1134. 1:35:37up. The only thing that I'm worried
  1135. 1:35:39about though is like once we do start to
  1136. 1:35:41get back into this area, my bad. Once we
  1137. 1:35:44do start to get back into this area, um
  1138. 1:35:49it's going to need kind of a lot of
  1139. 1:35:51aggression if we're actually going to go
  1140. 1:35:53lower, which I don't know if that
  1141. 1:35:54aggression is even going to be present
  1142. 1:35:56today. You know what I mean? So,
  1143. 1:36:00I guess we'll I guess we'll find out.
  1144. 1:36:36But if we do go lower, I think I will
  1145. 1:36:38probably trail my stop cuz I'm not
  1146. 1:36:41expecting like I know I have I know I
  1147. 1:36:43have this drawn out where it's targeting
  1148. 1:36:45like the lows, but um I don't think
  1149. 1:36:48that's like super realistic right now
  1150. 1:36:51with how it's currently moving. So, if
  1151. 1:36:54we do go down, I'll probably just trail
  1152. 1:36:55my stop on the way down.
  1153. 1:36:59Once we start getting below this uh this
  1154. 1:37:03area where all these buyers were at,
  1155. 1:37:04that's like the main area we need to
  1156. 1:37:06break past. If we can't break past it,
  1157. 1:37:08then we're probably going to just
  1158. 1:37:10consolidate right here and then pop back
  1159. 1:37:12up.
  1160. 1:38:30Man, the volume just kind of like
  1161. 1:38:33got really Hello.
  1162. 1:38:50Thank you.
  1163. 1:39:10Thank you.
  1164. 1:40:10I think what I'm going to do though is
  1165. 1:40:21if we
  1166. 1:40:24on a 15inut chart if We start to flip
  1167. 1:40:27bearish on this um
  1168. 1:40:31we start to flip bearish on this candle
  1169. 1:40:34and we get past here.
  1170. 1:40:39This is basically where
  1171. 1:40:42I'm going to decide to move to break
  1172. 1:40:44even. So, it's really not that far. I
  1173. 1:40:47think it's about
  1174. 1:40:5025 points from my entry.
  1175. 1:40:56Uh yeah, just about.
  1176. 1:40:59But that's if it even gets down there
  1177. 1:41:01because
  1178. 1:41:06this is looking pretty gross right now.
  1179. 1:41:46So, we want to see it have some
  1180. 1:41:49aggression and close below this area. If
  1181. 1:41:52we come down here and sellers attempt to
  1182. 1:41:55push past this area with all of these
  1183. 1:41:58buyers that came in and they fail and
  1184. 1:42:01they create a wick like what it's
  1185. 1:42:02happening right now,
  1186. 1:42:04um this is going to go take the highs
  1187. 1:42:06again.
  1188. 1:42:10If it if it pushes lower, like if we
  1189. 1:42:14come down here, make a wick, pop back
  1190. 1:42:16up, we're probably going to go take the
  1191. 1:42:17highs.
  1192. 1:42:20So that's why if we do come down here, I
  1193. 1:42:23need to move my stop to break even just
  1194. 1:42:26in case that's about to happen.
  1195. 1:42:33But it may just pump right here.
  1196. 1:43:17Cuz
  1197. 1:43:26this area, by the way, where this box
  1198. 1:43:28is, like this is where buyers would be
  1199. 1:43:31trying to protect
  1200. 1:43:34realistically.
  1201. 1:43:39So shorts technically are not confirmed
  1202. 1:43:42until we get below this area, but I just
  1203. 1:43:46try to take it early,
  1204. 1:43:53but seems like we're struggling to get
  1205. 1:43:54past this area. And every time we push
  1206. 1:43:56down a little bit, it just pops back up.
  1207. 1:43:58And now we have a bunch of buyers
  1208. 1:44:00stepping in right now.
  1209. 1:44:47I hope I don't get stuck in this trade
  1210. 1:44:48for like an hour though
  1211. 1:44:54and h and be forced to sit here and
  1212. 1:44:56watch this for an hour. I'd rather just
  1213. 1:44:58have it go stop me up
  1214. 1:45:02or of course go to profit go down and go
  1215. 1:45:05and profit. But
  1216. 1:45:13we'll see how this 5 minutes going to
  1217. 1:45:14close.
  1218. 1:45:58All right, not the worst close for our
  1219. 1:46:00position, but now what we're going to
  1220. 1:46:03see right now is we're going to see
  1221. 1:46:04sellers attempt to get lower again. And
  1222. 1:46:06if they fail,
  1223. 1:46:09it's not going to it's not looking good.
  1224. 1:46:13And we're either going to be stuck in a
  1225. 1:46:15chop for a while until they do break
  1226. 1:46:16lower or uh it's just going to bounce
  1227. 1:46:20back up.
  1228. 1:46:21And I'm going get stopped.
  1229. 1:46:35So there they went again. They try they
  1230. 1:46:36try to get past this area, the sellers,
  1231. 1:46:38and they
  1232. 1:46:40can't really do it. They're not
  1233. 1:46:42aggressive enough to actually push past
  1234. 1:46:45where these buyers were stepping in
  1235. 1:46:46because buyers are holding this area.
  1236. 1:46:49So then once the sellers give up,
  1237. 1:46:51basically this is going to just probably
  1238. 1:46:54go to 700.
  1239. 1:47:21And the hourly is going to close right
  1240. 1:47:23now in about four minutes, three and a
  1241. 1:47:28half minutes.
  1242. 1:47:30And it's closing pretty bullish.
  1243. 1:47:33So that this candle is not a good candle
  1244. 1:47:36for shorts on an hourly
  1245. 1:47:40because then at that point if we close
  1246. 1:47:42like this it's likely that before any
  1247. 1:47:45type of shorts come in we actually at
  1248. 1:47:48least go and make a new high. It it
  1249. 1:47:50would be unlikely that this remains that
  1250. 1:47:53this remains the high.
  1251. 1:47:55It would get taken out by the next
  1252. 1:47:57hourly candle.
  1253. 1:49:39Damn, dude.
  1254. 1:49:41If you're going to stop me out, just go
  1255. 1:49:42stop me out already. I don't want to sit
  1256. 1:49:44here for an for an hour.
  1257. 1:50:25Hopefully the new hourly candle can do
  1258. 1:50:27something though, like stop me out or at
  1259. 1:50:30least move cuz we're not doing anything.
  1260. 1:50:34It's boring as [ __ ]
  1261. 1:50:58All right. So, the new hourly candle
  1262. 1:51:01opened up. It's really not looking too
  1263. 1:51:03good for shorts,
  1264. 1:51:07but we're already in it, so I can't just
  1265. 1:51:09like get out of it now.
  1266. 1:51:13Well, I could just get out of it, but I
  1267. 1:51:14don't want to.
  1268. 1:52:25But yeah, with this hourly candle like
  1269. 1:52:31realistically
  1270. 1:52:37That previous hourly close is not
  1271. 1:52:41ideal.
  1272. 1:53:01because this could just be creating a
  1273. 1:53:04wick on the hourly before it pumps up.
  1274. 1:53:13I think uh
  1275. 1:53:18just to save myself from a headache, I'm
  1276. 1:53:20going to probably move my stop to break
  1277. 1:53:22even if it has any type of aggression
  1278. 1:53:24towards the downside.
  1279. 1:53:28And then if I hit break even,
  1280. 1:53:31I guess we would save ourselves $425
  1281. 1:53:36or it just pumps right now and we'd
  1282. 1:53:38lose.
  1283. 1:53:44But it would leave this account. It's
  1284. 1:53:46the second day on this account. It would
  1285. 1:53:47leave this account with like $1,500 draw
  1286. 1:53:49down, which is totally cool of me. I
  1287. 1:53:52could work with that.
  1288. 1:53:54The other account though is like making
  1289. 1:53:56me nervous. This one that I took the L
  1290. 1:53:58on, it's like 960 bucks.
  1291. 1:54:05It's just uh
  1292. 1:54:10Yeah. I mean, I think I think later in
  1293. 1:54:12the week it'll probably be better.
  1294. 1:54:15Does it happen often? Like on the new
  1295. 1:54:18year? It didn't happen last year on the
  1296. 1:54:20new year, but that's because it was
  1297. 1:54:22election year.
  1298. 1:54:25But sometimes
  1299. 1:54:28sometimes you just have uh consolidation
  1300. 1:54:30days or days that just aren't they don't
  1301. 1:54:33have a lot of momentum or follow
  1302. 1:54:34through. I mean, it just happens.
  1303. 1:54:37Not every day is going to be super
  1304. 1:54:39volatile with clean moves. And then
  1305. 1:54:42usually like on days like today,
  1306. 1:54:45the goal realistically is to
  1307. 1:54:49try and minimize damage, right? So like
  1308. 1:54:54usually I would go probably a mini on
  1309. 1:54:58these accounts, like using one mini
  1310. 1:55:00contract, but I'm using half size today
  1311. 1:55:03because also the the stop losses
  1312. 1:55:07are going to need to be pretty big.
  1313. 1:55:11And when you have price action like
  1314. 1:55:14that's kind of just moving back and
  1315. 1:55:16forth and the speed is low. There's not
  1316. 1:55:19a lot of like speed. And then if you
  1317. 1:55:23look right here, volume's dropping off
  1318. 1:55:24like
  1319. 1:55:26it's not the day you'd want to like size
  1320. 1:55:29up or take more trades.
  1321. 1:55:32So,
  1322. 1:55:34but usually I'm okay with um I try and
  1323. 1:55:38keep my losses on the day like if I do
  1324. 1:55:41lose on an account, I try to keep my
  1325. 1:55:43losses on the day like
  1326. 1:55:46preferably below 500 bucks. Um
  1327. 1:55:52so
  1328. 1:55:55if we lose, right, we would be down like
  1329. 1:55:59$420 basically. 425 bucks. So that's
  1330. 1:56:03within my daily loss limit where I'm
  1331. 1:56:05comfortable.
  1332. 1:56:09And then we would stop because
  1333. 1:56:12when price action is doing this, it's
  1334. 1:56:14probably going to actually continue to
  1335. 1:56:16do this
  1336. 1:56:18because
  1337. 1:56:20at least until like after launch because
  1338. 1:56:23if you think about it, like when we're
  1339. 1:56:26consolidating
  1340. 1:56:28like this, it's not um
  1341. 1:56:32it's not forcing market participation,
  1342. 1:56:35if that makes sense. Market
  1343. 1:56:36participation at this point becomes
  1344. 1:56:38optional because if you have buyers and
  1345. 1:56:41sellers, they're not forced to transact.
  1346. 1:56:43If we start
  1347. 1:56:45moving and hitting areas where like stop
  1348. 1:56:49losses are or like where large orders
  1349. 1:56:51are, um then it forces market
  1350. 1:56:54participation because
  1351. 1:56:57sellers and buyers would then have to
  1352. 1:56:59transact to protect themselves or
  1353. 1:57:03you know like. So basically the idea is
  1354. 1:57:04is like if we're consolidating
  1355. 1:57:08um technically we can consolidate for
  1356. 1:57:11however long it wants to consolidate for
  1357. 1:57:13until one party steps in and says like
  1358. 1:57:15no we're not doing this anymore but it
  1359. 1:57:17can happen for hours. It can happen all
  1360. 1:57:19day.
  1361. 1:57:20So because it's happening it's probably
  1362. 1:57:24better idea like
  1363. 1:57:26to just stop trading unless you trade
  1364. 1:57:29power hour or like the last hour of the
  1365. 1:57:31day. um
  1366. 1:57:35then maybe there'll be a move then but I
  1367. 1:57:38don't trade that time. So,
  1368. 1:57:41this if this doesn't do anything, we'll
  1369. 1:57:45probably be stuck here for a little bit,
  1370. 1:57:49which I would prefer not to.
  1371. 1:57:53But I kind of knew I was going to sit in
  1372. 1:57:54this trade for a while when I took it
  1373. 1:57:56because
  1374. 1:57:58the volume was tapering off.
  1375. 1:58:07But I think next I think uh the rest of
  1376. 1:58:09these days will probably be a little
  1377. 1:58:10better.
  1378. 1:58:13At least I'm hoping so.
  1379. 1:58:21But like
  1380. 1:58:24I know I kind of I kind of forced this
  1381. 1:58:26trade a little bit. Uh but realistically
  1382. 1:58:29like today is not the day to be trying
  1383. 1:58:31to force trades.
  1384. 1:58:39But I have like multiple funded
  1385. 1:58:41accounts. So I just wanted to try and
  1386. 1:58:43get a winning day.
  1387. 1:58:46But
  1388. 1:58:49uh this is a footprint chart. So
  1389. 1:58:52it's um on a platform called ATS ATS.
  1390. 1:58:58All right, let's see if I could finally
  1391. 1:59:00get stopped out of this.
  1392. 1:59:22What this is probably going to do though
  1393. 1:59:24is it's probably going to
  1394. 1:59:27like spike through this really quickly.
  1395. 1:59:30Probably come up to 700 and then it's
  1396. 1:59:32going to just do the same [ __ ] again.
  1397. 1:59:35I wouldn't expect uh
  1398. 1:59:38speed to pick up until probably later in
  1399. 1:59:40the day if it even does.
  1400. 1:59:42So, we will take our L. We will move on
  1401. 1:59:48and try and do a better job tomorrow and
  1402. 1:59:52also work on some more evals just so I
  1403. 1:59:54can
  1404. 1:59:56because I already took a payout this
  1405. 1:59:58month. Uh, I have some money to like
  1406. 2:00:01reinvested into some evals to try and
  1407. 2:00:03get some more. So, we'll probably try
  1408. 2:00:04and do that this week, too.
  1409. 2:00:08All
  1410. 2:00:20right, finally. It's going to spike up
  1411. 2:00:23right now.
  1412. 2:00:23>> Order filled.
  1413. 2:00:24>> All right, cool. So, little bit of a
  1414. 2:00:28recap here.
  1415. 2:00:30Let me go back to this screen.
  1416. 2:00:34So, the idea that I had pre-market was I
  1417. 2:00:37wanted this to uh actually retrace into
  1418. 2:00:39this move and take these lows. At first,
  1419. 2:00:42it looked like we were about to do it.
  1420. 2:00:44So, once we flip bearish on here, I
  1421. 2:00:46actually went short, but then I couldn't
  1422. 2:00:48see what was happening on order flow for
  1423. 2:00:49a little bit. So, um the target was here
  1424. 2:00:53or here. So, I entered in one mini on
  1425. 2:00:55the other account and um
  1426. 2:01:00it went probably
  1427. 2:01:03a little over a 100 ticks in profit and
  1428. 2:01:05then it snapped back to hit my break
  1429. 2:01:07even and then when we came back up here
  1430. 2:01:10I tried to do it again um
  1431. 2:01:14and then it didn't work obviously so I
  1432. 2:01:17took a L on
  1433. 2:01:19this account and then when we were up
  1434. 2:01:22here we came into the level I was
  1435. 2:01:24watching for which is basically premium
  1436. 2:01:28if we were to continue lower or if we
  1437. 2:01:31were a turnaround. Realistically, I
  1438. 2:01:33would want to see it happen in this
  1439. 2:01:35area. It is kind of a big area, though.
  1440. 2:01:37It's between like 720 and and like 660.
  1441. 2:01:41It's a pretty big area, but we tried to
  1442. 2:01:45take a stab at it once we saw a little
  1443. 2:01:46bit of selling pressure coming in, but
  1444. 2:01:48there was again no follow through. We
  1445. 2:01:50entered actually early because you
  1446. 2:01:53should have been
  1447. 2:01:56ideally you should have waited for it to
  1448. 2:01:58actually get below this area because
  1449. 2:02:01you know when buyers step in like this
  1450. 2:02:04they're likely to try and protect their
  1451. 2:02:06position. So
  1452. 2:02:09this wouldn't pick up any speed until it
  1453. 2:02:11started getting past here and then it
  1454. 2:02:13would start to pick up speed if it if it
  1455. 2:02:15would have. So then we got stopped out
  1456. 2:02:17of that. So, we're ending the day down
  1457. 2:02:20$541 on this account. Down $421 on this
  1458. 2:02:23account. I am up $900 on this account
  1459. 2:02:27from
  1460. 2:02:29um
  1461. 2:02:31Asia session trading silver last night.
  1462. 2:02:35And then I
  1463. 2:02:37traded like one micro on gold um last
  1464. 2:02:43night during Asia session for this
  1465. 2:02:44account. So, this account's up 220
  1466. 2:02:47bucks. It'll count as a winning day. So,
  1467. 2:02:50we'll just leave it there and then we'll
  1468. 2:02:52just have to focus on um Oh [ __ ]
  1469. 2:02:57The [ __ ]
  1470. 2:03:05My bad. We'll have to focus on these two
  1471. 2:03:08accounts. So, it's looking pretty bad
  1472. 2:03:11for this account. or not not this
  1473. 2:03:13account for this account because
  1474. 2:03:16there's 960 bucks left. So
  1475. 2:03:19I gotta work on some eval this week just
  1476. 2:03:21in case because right now we have four
  1477. 2:03:23funded accounts. I need to get
  1478. 2:03:26probably to like
  1479. 2:03:29eight 8 to 10 8 to 10 funded is probably
  1480. 2:03:33ideal. And then at that point if you
  1481. 2:03:36have like multiple funded accounts then
  1482. 2:03:37I can start trading them a little bit
  1483. 2:03:39more aggressively. But for now, like I
  1484. 2:03:41got to be a little careful because
  1485. 2:03:45I'm net positive on the month, but I
  1486. 2:03:47don't want to get into a situation where
  1487. 2:03:49I'm like back to break even and I can't
  1488. 2:03:50buy more like evals or basically I just
  1489. 2:03:54don't want to go net negative. That's
  1490. 2:03:56like really the only goal. So, I need to
  1491. 2:03:59realistically
  1492. 2:04:01get another payout from one of these
  1493. 2:04:03four accounts.
  1494. 2:04:05But hopefully tomorrow's better
  1495. 2:04:09and we do a better job. But the losses
  1496. 2:04:12are manageable. As long as we don't like
  1497. 2:04:15put ourselves in a position that's like
  1498. 2:04:17really like [ __ ] bad. It's okay. I
  1499. 2:04:21mean, we're not going to win every day.
  1500. 2:04:23So, I'll catch you guys tomorrow. I'll
  1501. 2:04:25probably be on like 15 minutes before
  1502. 2:04:27market open. And hopefully we have a
  1503. 2:04:30better day. If you're going to continue
  1504. 2:04:31to trade today, just be careful because
  1505. 2:04:34um
  1506. 2:04:35it's really not doing a lot. There's not
  1507. 2:04:37a lot of movement or speed. So, if
  1508. 2:04:40you're trying to basically anticipate
  1509. 2:04:41that speed or momentum,
  1510. 2:04:44you're kind of guessing when it's going
  1511. 2:04:46to happen, and that could be kind of
  1512. 2:04:48dangerous. So,
  1513. 2:04:51be careful. Good luck, and I'll catch
  1514. 2:04:53you guys later. Peace.

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