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Scalping on a DOM — Transcript

by Fat Cat · 11,854 words · 661 segments · language en · Watch on YouTube

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  1. 0:00what is up everybody we're gonna go over  all of these traits this is uh within
  2. 0:07uh the first 30 minutes of the session  for today which was October 10th 2022.
  3. 0:14um haven't done an order flow video in a while  and well quite frankly this channel was originally
  4. 0:22built on order flow we built this channel we  built this channel on order flow that's right
  5. 0:31some of you are too young to know what that song  is uh we built the city on rock and roll anybody
  6. 0:36come on so we're gonna go over all of these  trades so there's an older video again you
  7. 0:42know we gotta go back to the roots of the  channel we're gonna be doing more of this
  8. 0:45[ __ ] in the future don't worry but you know  we've been doing a lot of talking head and the
  9. 0:50coaching [ __ ] so let's do what you know this  is what the channel is and also there's an older
  10. 0:55video that inspired me so this is kind of like  a remake of that let me show you what that is
  11. 1:00so there's this video I did more than three  years ago called Advanced order flow trades
  12. 1:06what a scalping session really looks like um and  it's I mean the video is still up but as you can
  13. 1:15see it's a scalping session uh on one lots and  I made 137.50 I was extremely excited to make
  14. 1:24pull that type of p l back then so I mean  and this is July 6 2019. so I mean we
  15. 1:34really this entire channel is you can see  my growth I mean what that's what's great
  16. 1:39this is like an archive and you get to see  how I develop and grow as a [ __ ] Trader
  17. 1:45um things were definitely different back then too  as you can see uh the order book uh the the market
  18. 1:51orders are a lot thick are limit orders I'm sorry  not to confuse you guys the limit orders were a
  19. 1:57lot thicker in the yes back then baby um trailing  the 2900s to uh tape was a little different
  20. 2:06um but man what a how things have changed  and how I've gotten better over the years
  21. 2:12so without further Ado let's go ahead and jump  into it alright guys so this is right before
  22. 2:21the open um and what I'm gonna do is I'm going to  manually reset the volume profile on the depth of
  23. 2:30Market uh that's just something I do I know it can  be automated so just I like to do it by my hand
  24. 2:39um So the plan is mostly scalping for the session  because we're in a questionable area now I am a
  25. 2:46bit more short biased based off higher time  frame uh analysis but uh we are definitely
  26. 2:53in a questionable area so uh I'm more so going  to be scalping the entire session until maybe
  27. 3:01there's some giant contextual shift or something  happens but uh that's what's gonna happen here so
  28. 3:10I am going to attempt a short um based off  of this higher time frame [ __ ] again this
  29. 3:17isn't a plus so you're gonna see me get beat  up in the beginning we reset the profile we're
  30. 3:23carefully watching uh how it's moving and  how this profile structure is being built
  31. 3:30um now what you're going to see me do is you're  going to see me start to draw arrows here and
  32. 3:36I'm going to pause the video and explain that  as soon as I place the first one which is going
  33. 3:41to be at the 62 50. okay so what you see here  is a 10 uh 10 by zero okay 10 Lots sold there
  34. 3:54um and they weren't able to move the bid down  so this is kind of a footprint technique I'm
  35. 3:59not gonna really get heavy into it  um it's basically a complete auction
  36. 4:05so anytime you have a footprint chart and  you see uh some sort of number followed by
  37. 4:12a zero then theoretically that's a complete  auction and it should reverse or mean revert
  38. 4:18now I use it in an entirely different way and  these inside columns are a footprint I prefer
  39. 4:25this over an actual footprint Shard um again  that's another video for another topic we got
  40. 4:31a lot of [ __ ] to watch here so let's go ahead  and just watch so for me that's a complete so
  41. 4:36I'm just kind of tracking where the market keeps  rotating obviously it blew through it looking for
  42. 4:44a short that was a bit premature notice this  though notice how there's a lot of selling
  43. 4:50coming in as we hit here but the market is not  dumping it's coming back up so that is a problem
  44. 4:59um again so we flattened the trade we we cut it  and now we're attempting to re-enter it because
  45. 5:05the the breakout is actually continuing and  then it jumps up did you see the way it jumped
  46. 5:11up right there that's not good um trying  to get out for a break even I'm not going
  47. 5:16to get the break even we hit the flat key we  take it somewhere up here uh for the next loss
  48. 5:23um anyways let's continue and let's kind  of go ahead and look at the p l so we know
  49. 5:29what trades you know we're on okay guys so  we just watched these two uh trades go down
  50. 5:36where we took these two losses next trade is  going to be a 400 win break even followed by
  51. 5:41a stop out and then we start to groove up and  uh crush it so let's go ahead and continue this
  52. 5:52so we got a 68 by zero up there I'm tracking  that and then the 51 by zero so you're gonna
  53. 5:58see me actually Mark that as well again I'm  not going to be explaining that too much
  54. 6:08um and again this is not the not being leveraged  the same way uh a lot of other videos out there
  55. 6:15talk about com you know these complete auctions I  use it a different way so now what's interesting
  56. 6:20is they're hitting it with 211 and it's 211 by  zero so that's twice they've kind of completed
  57. 6:27it there so I'm double up the arrows right here  just waiting for this profile to build eight by
  58. 6:34zero down here and at some point these do get stop  runs so I'm kind of looking for that potential
  59. 6:42stop run right there as you can see we get into  it she comes up slams down that's a good sign
  60. 6:50um 65 by zero not going there we go there we  go nice puke uh right there there is liquidity
  61. 6:58sitting here 33 by zero this is stalling a little  too much again the whole point of me is to scalp
  62. 7:06she's starting to come back up so we're going  to want to just take the whole [ __ ] trade
  63. 7:10right there and what's happening is there  was liquidity sitting right here now it
  64. 7:16looks like it's gone right it doesn't look  like there's a large bed sitting there but
  65. 7:20first and foremost 60 is a psych price because  any price ending with zeros or five evens
  66. 7:29is a psych price and what happens in the es is  you'll have liquidity here but they'll pull it
  67. 7:35or it'll get filled or whatever but the price  will start snapping back and forth and continue
  68. 7:40to trade that 60. now is that gonna happen right  now I don't [ __ ] remember to be honest with you
  69. 7:45but let's just continue uh this [ __ ] so again  scalp it yeah kept going but that's not the plan
  70. 7:56um so she's obviously still puking here we're  gonna continue to just track it watch it 13 by
  71. 8:05zero and a 44 by zero but they start to  hit right there so that doesn't really
  72. 8:09count you'll see me start to erase them I  want to see a better pullback when it does
  73. 8:14that one by zero or whatever the [ __ ] it  is so she's still driving down into the 55s
  74. 8:22a lot of mid tape nine by zero that would  be a worthy Mark most likely as you can see
  75. 8:30it gets marked there so just tracking it  being patient notice how I'm not chasing it
  76. 8:36I'm just tracking it we got so I am looking for  a continuation down again because of the larger
  77. 8:41time frame and then we're going to get absolutely  whacked here I believe now this is going to end
  78. 8:45up being a break even so notice how she's really  struggling to go down here it's just hovering and
  79. 8:51bouncing over my entry and when it gets below  my entry it's not like puking it's not shoving
  80. 8:56anymore so that's a problem so we cut it for a  break even yes we cut it as it goes but in that
  81. 9:03moment things just it wasn't working in it it  could have what could have happened is it could
  82. 9:09have ended up just slamming up and and blowing me  out and I'm trying to prevent that from happening
  83. 9:14because I don't want to take these big stop outs  because my stopouts are about 600 bucks a piece
  84. 9:22and you know my stop is it's a safety I'm my  stops and targets are only guard rails if you
  85. 9:33will the real management is done by hand and  by reading the actual order flow and watching
  86. 9:39EV shifts or expected value shifts and price  action I don't have a video on EV or expected
  87. 9:46value shifts that's a more advanced topic  that's another video for another time again
  88. 9:51this is just us watching uh the trades so let's  pull this up so uh we're currently sitting here
  89. 10:00we're about to see an actual me getting whacked  hard and then we're gonna [ __ ] pick it up and
  90. 10:07go go go so um here we go and this is my  first time reviewing this footage too so
  91. 10:15I'm not crystal clear on a lot of [ __ ]  uh there we go still selling still driving
  92. 10:25gonna erase that it almost looked like a complete  again just waiting for my Edge there is no Edge in
  93. 10:31this and I don't like shorting these [ __ ] things  because they often snap back like that and if I'm
  94. 10:37gonna be shorting a drive down I want to hit  it on the pullback uh which I attempted up here
  95. 10:46so my pre-market was somewhat right but I wasn't  super crystal clear um she's driving up now she's
  96. 10:53starting to get stuck here less order flow  really pausing really stalling in this section
  97. 11:01as you can see so that's an interesting turn of  events uh and I'm just kind of remembering what's
  98. 11:09happening there I'm remembering now they start to  stop Ron and puke right there driving hard as you
  99. 11:16can see um and also that short I attempted earlier  this is not the type of environment where you just
  100. 11:25[ __ ] hold [ __ ] a lot of Traders are having  issues with the es and it just coming back all
  101. 11:32the time this is in my opinion more of a scalping  environment for me I I ran into a lot of problems
  102. 11:41Somewhere In The Summertime with trades constantly  coming back and we still are kind of in that
  103. 11:45environment where just getting home runs to run  just is very difficult and last week I've left
  104. 11:52three massive trades on the table completely so  it's just not that type of environment I know
  105. 12:00that if I'm picking up scalps it just pays out  it pays out better and that's what we're doing
  106. 12:06so notice how she just rips up right here this is  starting to rotate down we Mark that four by zero
  107. 12:14right here as a complete auction so there is some  slight chopping in this sections with a slight
  108. 12:20profile uh for me this could be mean reverting  hence the reason we're queuing up for a short
  109. 12:28notice I don't uh chase the spread I'm kind of  letting the order sit there and there's the fill
  110. 12:37um now this is gonna get a little nasty and it's  gonna whack me I'm hoping this area right here
  111. 12:42holds which it looks promising because it is  a zero by ten in the exact same area so I love
  112. 12:50that double market then it goes two by zero  right here and it immediately starts rotating
  113. 12:55that's not good and I don't have time to react  and we get instantly [ __ ] whacked so the next
  114. 13:02trade we'll be taking a look at is going to be  this big fat win and at this point I am fine
  115. 13:10I'm not sweating it I'm hitting the microphone  with my [ __ ] stupid hand uh but I'm not I'm
  116. 13:17not sweating I'm not freaking out you know  it is what it is uh we're gonna be okay so
  117. 13:24um sometimes you know starting off a session  gets a little rocky until you nail it right
  118. 13:31and I'm just kind of still attempting to sync  up with the Rhythm the tempo of everything
  119. 13:37I don't think any of these trades honestly are bad
  120. 13:42um the first one was a little iffy I probably  should never done that but I'm doing my job
  121. 13:48and I'm just doing what I'm supposed to I I don't  care that that there was a stop out now I do care
  122. 13:55in this sense that I need to be aware that we are  sitting red currently and what we need to do is
  123. 14:04um be very particular about the next trade so  that's what I'm going to do is get very particular
  124. 14:12about the next uh trade so let's continue to watch  shall we all right hit the play button so I'm not
  125. 14:24quite sure what's going on in this region as you  can see notice how it's chopping 60 just because
  126. 14:29the liquidity is gone doesn't mean they aren't  willing to trade it we got a 10 by zero up there
  127. 14:36um and again we had a good rotation there I don't  remember what the [ __ ] it was but you know
  128. 14:42so she's kind of pausing  installing here 17 by zero
  129. 14:48carefully watching it um looking for a short at  this point because we're starting to get stuck and
  130. 14:55not trying I'm kind of chasing it from the back  side at this point so instead of hitting the
  131. 15:03actual spread this Market is so Poppy and  Whippy that for me currently it's kind of
  132. 15:08good to get in several ticks away from where  the spread is currently uh trading and if you
  133. 15:15have no idea what the [ __ ] I'm talking  about you should go watch my other videos
  134. 15:20um where I talk about the spread Strike Zone  the strike zone video you should go definitely
  135. 15:25go watch the strike zone video um I'll I'll put it  in the description if I can [ __ ] remember but uh
  136. 15:35and then we kind of get in in there right there  so I'm really looking for this area to really
  137. 15:40bang out right here and there it goes we're  gonna pull that that it's an automated Target
  138. 15:45but I I rarely go for that all that is simply is  is telling me that's a two to one to my stop out
  139. 15:51so my stop out coming is 12 ticks these days uh I  know that roughly in this area this would be a two
  140. 16:00to one even though I'm not really getting stopped  out very free often um cutting by hand as much as
  141. 16:08possible and then I'm working the targets by hand  as well so we're kind of bottom ticking right here
  142. 16:17just watching it we're still holding it  this is a [ __ ] beautiful [ __ ] trade
  143. 16:22um the moment I start to see it struggle it could  snap back really hard so we're gonna pull it
  144. 16:28um as soon as we start to see that hesitation now  I am still looking for this to kind of drive down
  145. 16:34I'm gonna give this benefit this pullback the  benefit of the doubt it's not quite a bottom
  146. 16:38tick anymore then you gotta well now that's  not a three by zero so I'm just watching it
  147. 16:44so I think I pulled the trade right about in this  somewhere's in here now we're still sitting pretty
  148. 16:51but I don't like the way these uh big buy  orders came in and the market just jerked
  149. 16:56up that aggressively uh what that's telling  me is those offers are kind of weak in that
  150. 17:02section so we'll kind of rewind it watch the  tape here rewind it a little more than that
  151. 17:07so watch the tape here watch how  it just jerks up so violently
  152. 17:14right there that's not good that's telling me that  it's kind of weak and there there is the potential
  153. 17:20of this thing slamming up still gonna let it kind  of hold it a little bit here we got a nine by zero
  154. 17:26ten by zero 22 by zero um and again now we're  bottom ticking we pull the whole clip right here
  155. 17:34so there was obviously liquidity sitting at  this Zone the liquidity is gone but notice
  156. 17:41how the price action was jerking on it so what  that's telling me is they're still interested in
  157. 17:47that zone and there is liquidity still being  provided there but more so in the form of
  158. 17:54reloading or Iceberg orders uh because this Mario  kit is substantially thinner than it's ever been
  159. 18:01well not like kova that was [ __ ] up but I  mean as you saw in that other video I mean
  160. 18:07it was like 300 on each bid an offer so uh what  they have to do these days is since the es is a
  161. 18:13lot thinner they got to cut the orders up now and  um you're gonna get a lot more jerkiness and a lot
  162. 18:18more chopping uh so it's definitely a different  approach a different game more volatility more
  163. 18:24chop than it's had many years ago and this is  a prime example of how market conditions shift
  164. 18:32and they can permanently shift and how it takes  you more than a year to learn how to trade and
  165. 18:37get consistent at it because um if you're good in  one environment and it shifts like this you don't
  166. 18:45know how to trade that so uh shifting conditions  are required different approaches and a lot of
  167. 18:51people I'm noticing are getting [ __ ] up because  it's super duper choppy and nobody's really able
  168. 18:57to get [ __ ] to really run without the trade  coming back now I mean there are people doing
  169. 19:02it yes I mean but how big is your risk and for  me 12 ticks ain't [ __ ] and 12 ticks can come
  170. 19:08back like nothing and that's 600 bucks man that's  quite a bit of dough so for me to trade that kind
  171. 19:14of size I can't be running that type of risk  and I'm a scalper at heart that's just what I
  172. 19:22am and that's what I'm good at so uh now's the  time to do that uh but anyways let's continue
  173. 19:30so let's look at the piano so we just saw  this beautiful trade won by 28 uh m-a-e
  174. 19:38to MFE if you're not familiar with ma is  that's how many ticks it went against you
  175. 19:43um while you put the trade on and this is how many  ticks it went in your favor while the trade was on
  176. 19:51so this is really your true risk to reward when  the trade was active um you can calculate all
  177. 19:57that [ __ ] in your [ __ ] head oh I'm gonna take  three to ones yeah but again market dynamics are
  178. 20:04constantly shifting and you've got to learn how  to understand shifting expected value in the trade
  179. 20:09uh EV shifts because uh again [ __ ] changes  just because you think it'll go to a Target and
  180. 20:17it may be good things start to happen while  it's going to Target and if the buyers are
  181. 20:23buying and you're short and it's it's not going  well then then the the expected value of that
  182. 20:29trade is shifting on you and this is why trade  management is so critical simply putting out a
  183. 20:35stop and a hard target is not trade management  is [ __ ] not okay so we're out of the trade um
  184. 20:48so notice we have quite a few up arrows in  this region so that's kind of interesting um
  185. 20:58and this next trade is going to be a nice little  win as well a 475. she should be coming up soon
  186. 21:06um just tracking the market  another complete right there
  187. 21:12so this is interesting to me this is telling  me this might actually reverse and puke up
  188. 21:17notice how the market is jerking up right there  there's the puke up I didn't take advantage of it
  189. 21:22but what what's interesting is there can  often be times where I'm pretty confident
  190. 21:31now here's the thing never there's never a point  where I'm like it's going to it's going to do
  191. 21:38this it's going to do this I always think in the  perspective of it could do this it might do this
  192. 21:45there's a high probability of it doing this at  this moment because the thing is it might not so
  193. 21:55I've trained my brain to not go it's going  to go up there's going to be a stop run here
  194. 22:01because when you do that you're forcing an  opinion on the market and the market it has
  195. 22:07Randomness to it it really does but the thing  is yes I was pretty confident that there was
  196. 22:15going to be a puke right there which happened  we can go ahead and just I guess watch it again
  197. 22:21um so there here's the puke right here and just  the way it is trading and dancing on the Dom
  198. 22:31so you know just because I didn't actually take  advantage of that doesn't mean that information
  199. 22:37isn't important to me there's a lot of areas I  don't trade I'm not willing to trade but what's
  200. 22:45happening in there on the order flow the depth  of market and the actual price action itself
  201. 22:51um on my three second chart and by the way this is  a three second chart the auction Vista and that is
  202. 22:57jigsaw depth of Market on the right uh if you guys  want to save 30 I do have an affiliate Link in the
  203. 23:05description below uh save yourself thirty dollars  on jigsaw if you've been considering buying that
  204. 23:12I would appreciate that it actually does help  the channel because honestly I don't make [ __ ]
  205. 23:16off [ __ ] YouTube I really this this video is  going to take [ __ ] forever to make it already
  206. 23:22took forever to set up the [ __ ] lights and the  microphones and then I gotta edit it and all this
  207. 23:28other [ __ ] and thumbnail it and all that crap I  don't get paid enough for this [ __ ] that's why
  208. 23:36I'm so inconsistent with YouTube I'm attempting to  get an Editor to help me with this type of [ __ ]
  209. 23:43um I'm working on that I do have somebody some  of you have reached out I appreciate that uh
  210. 23:49but that would definitely I'd be more inclined  to actually getting more [ __ ] done as far as
  211. 23:54YouTube goes but I'm simply do not make enough  off YouTube for me to even want to do this [ __ ]
  212. 24:01so I do apologize for being consistent uploads  we also have renovated the studio as you can
  213. 24:07see everything's green I'm not done with it I'm  still building [ __ ] out around me to try to take
  214. 24:12everything to the next level there's definitely  going to be more content I will be creating paid
  215. 24:19content at some point a course if you will I'm  working with somebody on it when will that be
  216. 24:25released I don't [ __ ] know it's going to take  a long time because I can't put out a piece of
  217. 24:29[ __ ] uh and I I really am lacking a lot of time  so don't ask me when that's gonna come out but it
  218. 24:36is in the works the studio renovation which caused  a [ __ ] truckload of money uh is for YouTube and
  219. 24:45the the that type of material so yes there's going  to be paid material in I've been talking about it
  220. 24:52for [ __ ] ever so finally something's happening  right and that paid material is going to give me
  221. 24:59an incentive to actually do YouTube I do enjoy you  doing YouTube but this is another [ __ ] job and
  222. 25:04again 300 bucks off ad Revenue a month go [ __ ]  yourself that this is not worth it to me so I'll
  223. 25:10just sit here and spend all this time and I have  a life outside of this [ __ ] so I want to go live
  224. 25:16that [ __ ] life too so that's kind of where we're  at I know this is a bit of a rant and [ __ ] mid
  225. 25:22[ __ ] breakdown or whatever but you know those  of you really considering jigsaw there you go I
  226. 25:29do have a coffee as well if you just don't even  want to buy anything that's fine but if you want
  227. 25:34to donate please donate to the coffee whatever you  want to donate is fine the minimum is three bucks
  228. 25:40I appreciate the [ __ ] out of that um and I hope  you guys appreciate the [ __ ] out of this please
  229. 25:45like And subscribe God I sound like a [ __ ] one  of those [ __ ] but you know what I gotta do it
  230. 25:53um but I mean come on this is you're seeing trades  on the hard right Edge and I'm [ __ ] showing
  231. 26:00you some good [ __ ] [ __ ] here guys so uh and  again we pull I plan on doing more of this type
  232. 26:05of [ __ ] in the future uh the only difference  is if this was paid material I would break it
  233. 26:14down substantially more and it could take us hours  just to get through all of these trades so that's
  234. 26:21where the paid content comes in and then I would  explain all these techniques and there's certain
  235. 26:27techniques I ain't even explaining there's certain  things that are happening that I'm not explaining
  236. 26:31to you guys so I I gotta save it for that type  of [ __ ] but this is just kind of a fun video
  237. 26:36guys hopefully we can learn a little something  here uh but again here we go um stuff on the hard
  238. 26:45right Edge guys this is great uh and my thinking  as it's happening you know a lot of people do
  239. 26:50this [ __ ] in hindsight and and that's not good  enough I think I think I think that's what's made
  240. 26:56this channel so good is showing you guys this and  we're kind of we're going back to those roots here
  241. 27:01you know what I mean so if you guys really  like this tell me in the comments so she's
  242. 27:06creeping back up so what what we can notice here  is there is a bell curve forming as you can see
  243. 27:13so um this is pulling back to the mean well this  is kind of the point of control at this these 50
  244. 27:20ones right now for this lower curve we gotta we  gotta complete here just tracking these arrows
  245. 27:28this area is going to be more important important  to me because this is more of a major pivot
  246. 27:34then these arrows up here but these are arrows  up here can still potentially contribute now
  247. 27:40there are times where I erase them there's times  where I ignore them again that's not this video
  248. 27:48so we get a 10 by zero up there they did  they were not willing to take that 500 lot
  249. 27:56and and that's a thing guys just because  you see a large number sitting on the
  250. 28:00bidder offer doesn't mean the price  is going to go to it it can often fail
  251. 28:06and rotate on it same thing with like major  psych numbers like the price of say 4 000
  252. 28:12even or 4100 or 3 900 the market could very well  rotate a few ticks before that that does happen
  253. 28:22so that's what I'm saying in in the terms  of when I called out that stop run earlier
  254. 28:30it doesn't have to do this it could though there  might be a high probability of it doing that
  255. 28:37and another major component to a lot of  this is I'm remembering what's happening
  256. 28:42what did the order flow look like here so  it's I'm simply not trading by the seat of
  257. 28:47my pants all these rotations everything  that's happening on the Dom the tape
  258. 28:51everything is context and I'm building a  narrative in my head I'm building out a story
  259. 28:57and I am trading that story and that's a huge  misconception with scalping especially my scalping
  260. 29:05it's not to be picking up a few ticks I am  attempting to always hit something that has the
  261. 29:12potential of going I don't want these three tick  four tick moves it's not good enough especially in
  262. 29:18these conditions I'm trying to hit something that  could potentially lead into a bigger picture idea
  263. 29:25um but I'm more apt to being  aggressive today in this environment
  264. 29:32and uh there's there's so much Nuance to  the trading my trading is extremely nuanced
  265. 29:39extremely complex because there's so many moving  components and I've talked about this before
  266. 29:44anybody that says if you really have I've heard  this before if you have trading ads you should
  267. 29:51be able to explain it in a couple sentences that  is a load of dog [ __ ] because if that was true
  268. 29:55then the failure rate want to be so high trading  is excruciatingly nuanced one guy who I'm actually
  269. 30:03you know I was on a Mike Bella Fury thing  for a while I hyped them up all the time
  270. 30:11and he'll be back I know some of you have asked  where he's gone he'll be back on the wall trust
  271. 30:17me that that is my dad after all um and if this  is your first episode you have no idea what I'm
  272. 30:23[ __ ] talking about Lance brightstein he's with  SMB Capital go to smb's channel and look up all
  273. 30:29the videos about Lance bright sign he does talk  about EV and expected value so if you want to
  274. 30:34understand more of that go watch that that is  definitely for more advanced Traders and just a
  275. 30:40lot of things Lance has talked about has really  pushed my trading to the next level for free
  276. 30:46um and there are times where you I've heard them  talk about how nuanced trading is trading isn't
  277. 30:52simple and my trading is pretty [ __ ] complex I  mean it's not like super hard not for me at least
  278. 30:59but that's because I have six [ __ ] years this  month is my six year anniversary of doing this
  279. 31:05[ __ ] so um but to try to show you guys all  the little things and why I'm scalping today
  280. 31:12or or whatever it's there's just so much to it um  so but I'm never looking for this little [ __ ]
  281. 31:22and and again it's so important to build out  context and a narrative and watch how the price
  282. 31:28is reacting everywhere even if I don't want to  trade there because that is telling me something
  283. 31:35and it allows me to find potential areas of  momentum potential areas of stop runs and Traders
  284. 31:44often ask me how do you find stop runs this isn't  the video but I do want to talk about stop runs
  285. 31:50stop runs come in different forms they're not  just one there's not just one way to find a stop
  286. 31:56run there's so many different ways stops get  triggered and sometimes the stops can actually
  287. 32:01chain react into other stop zones I do have other  videos that talk about stop runs a little bit
  288. 32:07it's not the topic don't know which videos  they are so that's I mean a lot of uh this
  289. 32:15entire channel is really good guys come  on um so let's continue to watch it we
  290. 32:22are at 8 38 a.m I just so the next trade  is going to be this for this 11 tick run
  291. 32:30um so notice the market is stalling here  we're getting a lot of stall in this section
  292. 32:37so that's interesting we get a lot of stall  there's that liquidity they didn't pull it
  293. 32:45um and again it doesn't have to go  there notice how it's getting stuck
  294. 32:49here we got a 39 by zero but  no here's the thing it's sort
  295. 32:52of embedding here so this may not be good  and it could actually blow through there
  296. 32:58so we're not getting quite a good enough pullback  I think I actually might erase that Arrow
  297. 33:04if I don't then I don't um but watching it  after the fact I should be erasing that I don't
  298. 33:14so we get a 12 by zero that's okay and then I  mean I'm gonna erase that because there wasn't a
  299. 33:19good enough pullback that they jerked it so yes  it can go 12 by zero or whatever but if it if
  300. 33:26it's not pulling back enough and how many ticks  is that well it depends on the volatility okay
  301. 33:34um
  302. 33:37there's now she's hitting this area  um and notice it goes six by zero
  303. 33:44this is the fourth Arrow I I place  in here so this is very interesting
  304. 33:49um and now we have more of a beautiful looking  curve at least from this 54 down to the 48s
  305. 33:55and because of that nice curve and the way  it kind of bled right here to me there's
  306. 34:02a high probability and I don't remember what  happens here guys I'm just now reviewing this
  307. 34:08um for me there is a decent probability  of it reverting at least to 51s
  308. 34:17but she's stalling here which is  interesting I there's that revert 51.
  309. 34:26and then we erase that zero because there was  a complete and what I also like about actually
  310. 34:33tracking it by hand and placing them there yes  you could look at a footprint but that's a whole
  311. 34:39nother video and that I would probably talk  about in paid material to be honest with you
  312. 34:46there's such a deep dive on why a footprint  shouldn't be used but the problem with a
  313. 34:51footprint is I just [ __ ] tell you guys  now the problem with a footprint is they
  314. 34:57are time based and a new footprint is created  every five minutes or whatever you set it to
  315. 35:05and the problem and the market really all it  does is go up and down so instead of looking
  316. 35:10at all these zeros staggered it like [ __ ]  with my eyes it's just easier to do it here
  317. 35:15and again this this is a footprint so why  look at another chart if it's already here
  318. 35:20and I like to do this by hand because  it keeps me engaged with the market
  319. 35:26uh it gives me something to do so instead of  like over trading I actually am doing stuff so
  320. 35:32I'm actually working which is good and it keeps me  engaged and then you have all the the Z these uh
  321. 35:40arrows um you know placed here and and the thing  is that footprint you know it could still be in
  322. 35:49a cycle of a footprint and the only zero you  guys would have seen was down here but for me
  323. 35:55it's important to track these other areas where it  did pivot and [ __ ] and it put in zeros yes those
  324. 36:00areas did get wiped out but I do notice that um  when you have a bunch of arrows stacked like that
  325. 36:10depending where they're at structurally that is  a really high probability area of getting stop
  326. 36:17run or potentially pivoting so it's once it gets  tested so many times if it comes back there's a
  327. 36:24high probability of a stop run and I actually  think I do take a short and catch the stop run
  328. 36:30here I don't remember um but it did it would  be better if I could do a dedicated video again
  329. 36:38that would be like paid content or some [ __ ] so  um but there's kind of the gist of it really so
  330. 36:48still tracking [ __ ] now these arrows kind
  331. 36:51of in the bulka in the middle of that  profile really don't matter that much
  332. 36:56even though I'm still tracking but notice notice  something interesting here we have mostly we
  333. 37:01have four down arrows yes there's an up arrow  and yes this one shouldn't exist but it does
  334. 37:07uh we have four arrows here and four arrows here  and it's starting to get pinned up in this section
  335. 37:14um so at some point it's going to find one of  these areas and puke it hopefully that's if the
  336. 37:22volatility can maintain sometimes it could just  get stuck there and grind for [ __ ] ages so now
  337. 37:28she's starting to hit so it looks like it might  actually start to puke this low but she's getting
  338. 37:35stuck through this area I want to carefully watch  it to make sure it doesn't rotate in this area
  339. 37:43um and we have a complete there Zero  by three probably going to not count
  340. 37:47that and there we go through  it again so I don't count that
  341. 37:54again there's other things going on that  I am not explaining other techniques
  342. 38:01um so I do see it stop running this area because  I mean why is it going to stop run this area
  343. 38:08because it pivoted down here three [ __ ]  times and it's not getting through there so
  344. 38:15since we have a small bell curve here it it  there's a high probability of it actually testing
  345. 38:22uh Beyond this upper pivot uh so I'm taking  advantage of it I noticed that's there I noticed
  346. 38:28the way the momentum has shifted the way the  order flow is so for me that is worth a stab at it
  347. 38:36and there's hopefully and then there's  that liquidity gets swept up and somebody
  348. 38:41actually takes it again we're starting to roll  there just to scout just the scalp guys um
  349. 38:48because uh we have other arrows up here and v-wap  I don't know if v-wap's Gonna Roll the [ __ ] and
  350. 38:56if you look on this chart you probably can't  see [ __ ] because it's so small but there's a
  351. 39:00blue line that aligns with v-wap so there's  in conjunction with these arrows so for me
  352. 39:07that could be a potential roll Zone so now we're  definitely sitting pretty for the session again
  353. 39:14just because we're getting whacked and off  the bat doesn't mean we can't turn it around
  354. 39:20so we're gonna look at the next trade which is  the 750 win which should be setting up here soon
  355. 39:36and just kind of watching
  356. 39:39notice how she's kind of rotating here 13 by  zero 39 by zero okay that doesn't matter anymore
  357. 39:50now
  358. 39:54very jerky notice how it's  just jerking through here
  359. 40:04still just watching it very carefully  not sure what it's gonna do here
  360. 40:13foreign by seven and that was an area that was  holding the market up now it's kind of flipped it
  361. 40:21okay now they're actually printing it did I walk  away to go take a [ __ ] or a piss or something
  362. 40:28uh because nothing was moving must  have not been paying attention
  363. 40:33now we're tracking it um again we're  gonna just continue to watch the footage
  364. 40:42six by zero seven by zero eight by zero  but it looks like it's gonna press it
  365. 40:53and as the session goes on like these  really good scallops aren't existing
  366. 40:58the more it trades through all of this  area the less good they are in my opinion
  367. 41:07um what it's doing is it's multi-cycling somewhat  so now notice this I'm really interested in this
  368. 41:15area this is where we stop ran it but now  we're starting to push back into that area
  369. 41:22so if it starts to actively bust through  this area there is a high probability of
  370. 41:27these arrows or this low getting blown the [ __ ]  out if it can reach that now anything can happen
  371. 41:33between these arrows and these areas arrows  we don't know that's why we manage the trade
  372. 41:39but I'm watching this very carefully because  it did blow it out but it's coming back in
  373. 41:45now it could pivot here and go back up so  for me this is a more of a pivotal spot
  374. 41:52foreign by zero so she's kind of holding there  but she's not really blowing out she's struggling
  375. 41:59to get up and notice how it climbed up slow  but then it slammed back down let's go ahead
  376. 42:04and re-watch that real quick and and the paid  material this is where I would be rewinding it
  377. 42:10and really breaking it down more but this video  is going to be long enough to edit and I ain't
  378. 42:16gonna make but [ __ ] three bucks off the [ __ ]  so unless you guys donate so there's a slam again
  379. 42:27like I don't care enough to  just really break it down
  380. 42:30hold on but I'll do it right here for you guys  so she's struggling to go up struggle to go up
  381. 42:36struggle to go up this is a dance this is the  dance the way it's just struggling here with a
  382. 42:42clean slam so that's telling me the bids might be  potentially weak here and it may actually let go
  383. 42:51so 12 by zero Now is it going to get pinned  here I know it could potentially rotate 51.
  384. 43:00so I'm paying close attention  because if it doesn't rotate
  385. 43:05and it can get stuck in these 52s then I'm  there we go three by zero 52.75. now the
  386. 43:13trade seems on on the short side yeah there  we go um and I again I don't remember exactly
  387. 43:19where I place this I didn't re-watch this footage  this is a sh I just like I consumed so much data
  388. 43:28and information my brain just dumps the [ __ ]  out of it and um I don't really have the best of
  389. 43:37memories so I don't remember this [ __ ] but
  390. 43:41what I'm doing is just kind of like  reliving the moment right now so
  391. 43:48I guess past fat categories with present fat cats  so I think this is a good little uh hit right here
  392. 43:54a nice little lick um nice slam right through  there too man baby girl come on now pull that
  393. 44:03because that's our rough two to one we we flat  the trade because she's instantly slapping back
  394. 44:11and typically when you have a hard drive  like that it can immediately hit it back
  395. 44:16because again this Market is excruciatingly  choppy these days so we don't pull it at the
  396. 44:22lows but we do pull enough of it that we do  make a good lick on it that was a 750 win and
  397. 44:30look she comes all the way back so this is  exactly why we Scout this is exactly why we
  398. 44:36scalped I know when it when it does that and it  reverses that [ __ ] hard I know there's a high
  399. 44:41probability of it coming back I I and this  is where experience is so important because
  400. 44:48the [ __ ] is this your first week or first month  of trading you don't [ __ ] know that okay um
  401. 44:57so yeah there you go so now we're gonna look at  the next deal here which will be this uh little
  402. 45:04300 Win and then we give that back and then we  get it back so and then we get the 450 clip and
  403. 45:12then at that point I'm actually starting to  get tired and we're at the top of the hour
  404. 45:19um and and I'll just go ahead and address  it now before I forget I know that at
  405. 45:25so this is a tremendous amount of work what  you're seeing the amount of focus and just the
  406. 45:31way I'm doing it and being fast about it because  I have to be fast because that's where my Edge is
  407. 45:37um it's a lot of work this is very mentally taxing  and I don't have this endurance where I can just
  408. 45:44go all [ __ ] day and the best volatility  really is in the morning on the open and
  409. 45:50and I statistically perform the best within the  first 30 minutes and I'm happy like at this point
  410. 45:59you know picking up 2 700 bucks or whatever  the [ __ ] I'm happy so for me it's it's it's
  411. 46:07you know it's good so um let's just continue  because I got 80d and I'm listening to music
  412. 46:17and it stopped and I had to put a press play so  I don't even remember what I was talking about
  413. 46:21if I can't even [ __ ] remember what the [ __ ]  I was just talking about I don't remember this
  414. 46:26[ __ ] so this is I kind of do but so nice little  lick right there I mean that would have been you
  415. 46:33know I would have managed to [ __ ] out of  the [ __ ] I don't know what I'm doing here
  416. 46:37because I'm obviously sitting idle at this  point so let's fast forward it a little bit
  417. 46:45oh I was taking notes on the trade so uh that's  another thing if you guys want to save 30 bucks
  418. 46:52on jigsaw again Link in the description uh use  the coupon code fat cat but jigsaw what's badass
  419. 47:00about jigsaw uh is it has a built-in kind of uh  journaling software and I was currently tagging uh
  420. 47:10the trades in there if you guys want to know more  about tagging go ahead and watch my first episode
  421. 47:15of my coaching uh session uh with slim trading we  talk a lot about tagging So currently during this
  422. 47:23session I am taking brief notes on each trade and  just kind of writing [ __ ] up um and I just find
  423. 47:30that to be very beneficial uh so that way I don't  have to spend all this time reviewing the footage
  424. 47:36and going wait what was this why did I do that  I just find that very beneficial so tray tagging
  425. 47:43in the journaling and the report cards that's all  very important [ __ ] and I talk about all of this
  426. 47:48and the coaching sessions which those videos don't  seem to be super popular because they're not sexy
  427. 47:56but if you want to reach this level that [ __ ]  is more important than this [ __ ] you guys
  428. 48:02ain't gonna learn [ __ ] from this yeah you're  gonna learn a little something here there what
  429. 48:06drawing arrows or whatever the [ __ ] but again  there's so much more to it than that come on
  430. 48:13so was making a note there in journal ticks  on every trade actually and it and what's
  431. 48:21also good about that and this is where what  I you know it gives me a moment to actually
  432. 48:26reflect what I just did did what I  do did what I just do was that good
  433. 48:33um and I'm having these brief moments of  reflection and it's no different than what Tiger
  434. 48:40Woods did that's why he was so good at golf is  when he would practice swinging the shots during
  435. 48:46practice or whatever he he's actively thinking  about his posture how he can grip the club better
  436. 48:52is he swinging his hips just right I don't [ __ ]  know [ __ ] about golf but I assume it's all in
  437. 48:57the hips uh if you guys ever seen Happy Gilmore  where Chubbs grabs happy and he's kind of like
  438. 49:05behind him in a very provocative stance there and  he's grabbing him by the hips and just swinging
  439. 49:12it's all in the hips it's all in the hips  it's all in the hips so was my hips swinging
  440. 49:20well on this [ __ ] so it's one thing when  you take a shot and you don't reflect on it
  441. 49:26you're really [ __ ] yourself it's very important  to really reflect on everything you're doing in
  442. 49:33trading every little detail you must reflect  on it because if you just shut your mind off
  443. 49:39and just trade you're wasting time I can  get more out of a 30-minute session than
  444. 49:47you could in a [ __ ] five hour session because I  am reflecting reviewing all this [ __ ] I am I am
  445. 49:57just really aware and paying attention to every  [ __ ] thing that's going on Within Myself the
  446. 50:04way I feel and and again I step out because I get  real tired in the session I'm not a morning person
  447. 50:12so I I feel fatigue kicking in so I've it's  taken me a long time to build the awareness
  448. 50:17out to go Hey fat cat you're tired let's get  the [ __ ] out of here and keep our capital
  449. 50:23so uh um there's just so much going on that  you guys are just not seeing that's why
  450. 50:29I'm saying that my training is extremely  complex you guys need to understand this
  451. 50:35whole psychological [ __ ] that's going  on as well so let's continue to watch
  452. 50:49Margaret is dancing here kind  of at a weird spot I would say
  453. 51:00Market's slamming down we get a complete uh  fifth 50 125 we're gonna Market but that's not
  454. 51:09really a good one because it is right in the  middle of this High noted area so where these
  455. 51:15completes are in conjunction with actual  profile structure actually [ __ ] matters see
  456. 51:21so that's the thing I know some  of you guys are going to take
  457. 51:23this method and try to apply it after  this video and it's not going to work
  458. 51:29for you just letting you know so I mean if you  want to [ __ ] with it that's fine but ain't
  459. 51:35gonna you ain't gonna get it to work the way I do  it because you don't understand the Nuance to it
  460. 51:39because it because it fits into a trading system  and unless you know that actual trading system as
  461. 51:45a whole then you're gonna totally [ __ ] it now  could you use it and fit it to your system yes
  462. 51:59so I think a lot of these arrows between 53  and 51 are [ __ ] at this point because the
  463. 52:04profile is getting bulky there trading  midpoints on a profile like this are
  464. 52:09really choppy as [ __ ] in the RR isn't  there the wrist reward is not there so
  465. 52:20I do eventually erase them and we're just going  to continue to watch again we're watching this um
  466. 52:28without fast forwarding none of that just in the  moment what I'm thinking there is nothing here
  467. 52:34there is absolutely nothing here there I don't  care the market is moving I have no edge here
  468. 52:47so she's just chopping nothing here and again  yeah this isn't sexy you probably want to be
  469. 52:53like ooh let me see the trade that's fine go to  the link in the description and or whatever and
  470. 52:59you can go to the jump to each trade entry  if you want to do that but what that tells
  471. 53:03me is you're not patient and you can't if  you're not patient you want to see the trade
  472. 53:09well then you know you need to be able to be  patient through this type of [ __ ] because
  473. 53:13if you're not patient you want to fast forward  through this video well then you're probably
  474. 53:17going to over trade and you you're not going  to learn how to sit through this type of [ __ ]
  475. 53:23and you're not going to learn how  to disengage when to be aggressive
  476. 53:26when to disengaged when to re-engage now we're  getting something good puke on good buying too
  477. 53:35watching this now we did get a double  tap right there with the arrows
  478. 53:42this one doesn't really count
  479. 53:46but this is still an interesting area they bang it
  480. 53:53still watching very carefully
  481. 53:58and in this moment I don't know what  it's gonna do I guess I'm reviewing it
  482. 54:06so back to the mean we bounce the mean can we  bounce the mean or are we going to revert the mean
  483. 54:12which is all this [ __ ] down here we get an  eight by zero they take it probably get rid
  484. 54:17of that and yes I'm a bit sloppy with the arrows  they don't have to be super precise right that one
  485. 54:23should have been erased but it wasn't who gives  a [ __ ] uh tracking the like this this isn't
  486. 54:30some foolproof method by the way  there's so much other [ __ ] going on
  487. 54:36again it's just a technique that fits into  a system and the system has to be traded
  488. 54:41as one unit you can't just trade simple  techniques and expect to be good at this
  489. 54:50so now we're back in the mean we did I think  that 5325 I should flip it to an up Arrow
  490. 55:03back in this area and again it could really chop
  491. 55:10foreign and I'm actually on the edge of my seat  because I'm very interested in what's going on I
  492. 55:15don't know what to think it's just kind of okay  we're back in the mean now we're shoving here
  493. 55:22kind of a rotation here a lot of this [ __ ]  doesn't matter now I'm deleting them because
  494. 55:26that's right in the middle of the mean and  that's what I said at some point they become
  495. 55:30[ __ ] and they become useless because the the  market dynamics are always Shifting the expected
  496. 55:36value of things are always changing so they're  no longer valid they were valid at one point you
  497. 55:42saw me hit a stop run through them on the upside  but just because that work then doesn't mean that
  498. 55:47we'll work now so foreign so we're kind of just  getting rid of that [ __ ] now the stuff down
  499. 55:55below in the 48s does does is still valid because  that is the low of the session and there's so many
  500. 56:02arrows there as well so yes we're kind of tracking  in that area still but there's reasons for that
  501. 56:13um get a three by zero fifty three  fifty nine by zero now that I actually
  502. 56:20slip it good buying two what also this mid tape  they bought here and then it immediately slams
  503. 56:27down so the bids are kind of weak in this section  and that's the thing about uh the center section
  504. 56:32of profiles the bids and offers tend to pull a  lot on both sides so you start getting a lot of
  505. 56:38this slipping and that type of pulling in the  way it's slipping there is what's contributing
  506. 56:44to the profile building of that lump in the center  there's more to it than that but six by zero 54.
  507. 56:57so still watching it still tracking it so all  I'm doing is tracking there's no I don't really
  508. 57:04know what to do other than these arrows down here  how do they hit that nine by zero okay now here's
  509. 57:10what what okay now okay here's the thing that was  a decent enough pullback it did go nine by zero
  510. 57:16if it starts getting in here and getting stuck  then there's a high probability of it actually
  511. 57:21starting to stop run uh these bottom arrows um  but we just don't go short right every little
  512. 57:30tick matters every piece of order flow coming  in matters the way the Dom moves matters okay
  513. 57:39um how far it goes away from this Arrow  verse if it goes further away then it's
  514. 57:46not the same trade then if like if I'm  looking for a specific type of pullback
  515. 57:52before I make the move before I get into the trade  um depending on how far that pullback goes changes
  516. 58:00the dynamic of the trade substantially if I'm  looking like if I'm looking to take a trade
  517. 58:05and I'm I I'm there there might the criteria  of it might only be a small pullback and if
  518. 58:12that doesn't happen then that trade is no longer  valid it is not going going to be there yeah it
  519. 58:17could be a bigger pullback and come back but what  I needed to happen on such a very specific nuance
  520. 58:25criteria if it doesn't happen like  that it's not the same trade anymore
  521. 58:31so therefore we don't engage with it now she  is chopping here which is you know whatever
  522. 58:39um I would like to see that this  midsection hold which it doesn't
  523. 58:45completely sweeping now that we do have a couple  of double arrows here and there is v-wap here and
  524. 58:54that did explode pretty hard and it's  getting stuck and just like I told you
  525. 58:59how some of these trades can explode  and run it could start to slam back
  526. 59:04down here and this actually kind of looks  enticing for a short do I go for it here
  527. 59:17interesting that stall is interesting
  528. 59:26huh okay now see she's starting to rise up faster  so I do expect this to blow out but if it doesn't
  529. 59:35blow out and it starts to get stuck here then  just that little piece of information is telling
  530. 59:42me there's a high probability of a mean revert  and then a test out of this profile and through
  531. 59:47the lows let's just watch I don't again I don't  remember there it is the six by zero slamming down
  532. 59:58should have blown out and it didn't  and because it didn't do what I was
  533. 1:00:01thinking it should do is a critical piece  of information when things don't work the
  534. 1:00:06way I expect it that is a very critical  piece of information the context building
  535. 1:00:14so I mean it's it's a little too close  to the mean for me to want to engage with
  536. 1:00:19I honestly thought looking at it now I  probably didn't see it in that moment
  537. 1:00:24but that would have been a really good attempt  when it went six by zero and the way it slammed
  538. 1:00:28in I think that would have been a good attempt  to short it and actually write it through here
  539. 1:00:36um yeah there you go there there it is banging
  540. 1:00:41now I'd like to see it get stuck in between these  arrows she looked there's a stop run let it come
  541. 1:00:48back let it come I'm looking for some sort of  pullback I cannot chase this any little pullback
  542. 1:00:53I can get 23 by zero can it get stuck in this  cluster of arrows or is it going to mean River
  543. 1:01:02it's getting stuck here that's a good Stall oh  she's ex puking but she's stuck under this 50
  544. 1:01:15watching it very very very carefully here
  545. 1:01:2147 by zero but if it can keep pressing here that  should puke but I do not want to see it swing up
  546. 1:01:29this is exactly what I was just talking about a  moment ago I wanted to get stuck in this tighter
  547. 1:01:34range if it swings up and comes back that's  different but if it can get stuck here nibble
  548. 1:01:40then it's good I don't know why I didn't take that
  549. 1:01:48I don't yeah I should have took it there a  higher up we go for it we actually get filled on
  550. 1:01:55an eight lot which I don't want I'm trying  to clip some of it off especially since it's
  551. 1:02:01stalling here and it should be now here's the  thing it should be puking harder than this and
  552. 1:02:05it's not see how it keeps getting stuck  here this is bad there's that good puke
  553. 1:02:11looking for it to drive and then I just pull it  there because it needs to go and it's not going
  554. 1:02:19as a scalper you should have a clock that  starts to tick as soon as you get into the
  555. 1:02:24trade now how long does that clock go  off for well it depends on the market
  556. 1:02:30conditions the volatility and the volume flow  um this is a more choppier faster market so
  557. 1:02:40I'm not gonna hold it as long uh whereas if  the market wasn't super volatile I'm more
  558. 1:02:47likely to actually sit a lot longer so and  it also depends where where you're getting
  559. 1:02:54into the trade contextually like what is the  narrative around that entry what what is going on
  560. 1:03:01exactly like where are we hitting on the  structure and depending where that is
  561. 1:03:08depends on how long that clock's  gonna tick in my head for
  562. 1:03:11so we do pull it pick up 300 because  it's starting to slap back foreign
  563. 1:03:27that struggle right there and  how just stalling that's not
  564. 1:03:30good does it continue down I think it does
  565. 1:03:37but that that stall is just not good
  566. 1:03:42and we're also hitting uh  the 24 hour view app as well
  567. 1:03:47uh which it could roll we we have rth V web  and 24 hour view app and when it's kind of
  568. 1:03:54when they're kind of spread like this you tend to  get a lot of ping-ponging but that's relatively
  569. 1:04:00loose information I don't take a trade because  it's on a view app I just don't I don't give a
  570. 1:04:07it's just used to generate context  that's it that Arrow doesn't count
  571. 1:04:15so she she should be she keeps climbing back  in so there's a there's a potential of a
  572. 1:04:21gnarly stop run on the upside if it continues  to struggle down like this so this is kind of
  573. 1:04:26how you can identify a stop run but you  shouldn't be fading it anticipating that
  574. 1:04:33um because you'll get [ __ ] up if  it just keeps driving down that's
  575. 1:04:36you essentially trying to catch  a knife which isn't a good idea
  576. 1:04:44so I mean we got into a prime position but  we cut it but you know whatever we don't
  577. 1:04:50we don't sit there and go I should have held it  because I know a lot of you [ __ ] do that [ __ ]
  578. 1:05:02ah I also have a cold so I can't do that it  hurts but I didn't it's over with what do I do
  579. 1:05:14think about I should have held it no where's the  next [ __ ] good trait so that's what we're doing
  580. 1:05:25instead of [ __ ] living in Fantasyland  and a lot of you are guilty of that
  581. 1:05:36you didn't [ __ ] know you can't  predict the [ __ ] future like that
  582. 1:05:40I reacted to a stall and that was a  good call I don't care if it kept going
  583. 1:05:48now there are times where I  know I shouldn't cut a trade
  584. 1:05:51and then I prematurely cut it that's a problem
  585. 1:06:00now she's starting to get squared up in here  starting to kind of range ever so slightly
  586. 1:06:10and look she's just not going for that liquidity  on 40. there it is but then it snaps back to that
  587. 1:06:1940 because there was liquidity there  now that 40 could pull it back but no
  588. 1:06:23weak offers and then it's gonna stall here and  then push up most likely most likely there it is
  589. 1:06:40good you got this bind coming in
  590. 1:06:43and it's all retail you're not seeing heavy  selling and it's stalling here thank you
  591. 1:06:51should be driving to 40s
  592. 1:06:56and I kind of have a small curve  here as well there's that Drive-In
  593. 1:07:04so what are those asses well I ain't talking about  that that's just I'm not giving everything away
  594. 1:07:13so
  595. 1:07:17banging out right here
  596. 1:07:20there we go I'm watching it carefully wrote  17 by zero up there Market good job fat cat
  597. 1:07:36see I'm not sure what's going on here so we  don't trade situations when we're not sure
  598. 1:07:45and this video is almost done so
  599. 1:07:53uh so this area with the 42s is  very enticing and interesting
  600. 1:08:00I want to know what it does here  and it's not slamming through it
  601. 1:08:21I'm kind of looking at it like I'm  really trading so if you guys kind
  602. 1:08:24of pay attention to the way  I'm sitting here and [ __ ]
  603. 1:08:31triple complete so this completed  down here multiple times
  604. 1:08:36so right here is a really good spot that there  could be a stop run and massive amounts of
  605. 1:08:42well not just a stop run but  the bits could pull there too
  606. 1:08:46but this area held multiple times with uh whatever  19 by zero or whatever on each of these tests
  607. 1:09:0352 by zero a bit of a top tick there
  608. 1:09:12um
  609. 1:09:16I think I go for the short I think  I go for a short ride around here
  610. 1:09:27because I do anticipate a blowout right there oh
  611. 1:09:40see how choppy she is you can  get real [ __ ] up in this
  612. 1:09:58very interesting it's a different  type of game at this point different
  613. 1:10:05right there attempt she's not selling this is bad
  614. 1:10:11look at the dance the dance I can see why  hitting there was kind of a bad idea oh
  615. 1:10:16she's not going and all that buying right  there that hit the tape that's not good
  616. 1:10:26there's a short
  617. 1:10:30see and see it watch How It's just dancing above  the entry that is very bad and then all that blue
  618. 1:10:36tape comes in and then it starts running  it's just time to get the [ __ ] out of it
  619. 1:10:41we pull it so uh what you  just saw there was the um
  620. 1:10:47this this loss we re we re-grab it  and then we hit up on the next one so
  621. 1:11:01re-attempting re-engaging very good re-engage  love it beautiful re-engagement now I'm looking
  622. 1:11:09for the drive through this harder than that and  it's not I'm looking for a better puke there's
  623. 1:11:14that free Peak I was telling you guys about  where I believe it's gonna blow through there
  624. 1:11:21oh 14 by zero big selling and  it's coming up that is bad
  625. 1:11:29and see how she's dancing here and as it needs  to go we're giving it some moments to breathe
  626. 1:11:36but it needs to get pulled there's selling  coming in they are not [ __ ] driving it
  627. 1:11:47the stall is gnarly I'm it's so close to the lows  though it doesn't have to hit the lows pull it
  628. 1:11:54flat key I believe so um that was a good pull  I believe let's see what happens at this point
  629. 1:12:05and this Market is just out to hunt stops too man
  630. 1:12:10so it looks like she's still stalling here I  mean I guess I guess it's still on Deck but
  631. 1:12:15I mean it's just jerking here so much that if  it does put another tap here there is a higher
  632. 1:12:21probability of it blowing out and now you're  starting to get buyers hitting there she drives
  633. 1:12:34get a complete down there at 38.50 that's good
  634. 1:12:40so she's not this is there's a I'm  telling you if it Taps here it could
  635. 1:12:45puke it I wonder if I go for that I  don't know if that's a long or not
  636. 1:12:49but she's still coming in okay she's still  coming in so we're gonna re-engage the short
  637. 1:12:56there it is on the short and it's because there's
  638. 1:12:59a cluster of three arrows here as  well and and she's actively not going
  639. 1:13:10and then I believe we just we pull off two there
  640. 1:13:14and then we pull the rest because it's starting  to come back so aggressively um that is the last
  641. 1:13:20trade I don't know if it blows up and out I  think it does let's just take a look at that
  642. 1:13:30um I'm gonna just that's the last trade right  here there should be a puke up yep there it is
  643. 1:13:36not that good of a puke and then  the video ends there I cut it
  644. 1:13:40uh because I at that point I was feeling tired  um the trading was good and I mean it was a good
  645. 1:13:46call to pull it there because I mean it comes in  I mean [ __ ] but uh that was excellent I mean
  646. 1:13:52as you can see there's the p l i mean we've come  a long way since that other video about what 137
  647. 1:13:58bucks you know to 2700 in 30 minutes too you know  if I had the endurance and [ __ ] and the mental
  648. 1:14:05capacity God knows what I could do if I could  sit here all [ __ ] day but it's just I don't
  649. 1:14:11um and I'm you know I'm gonna push myself  a little bit but there's a lot of things in
  650. 1:14:15my trading I want to accomplish before  I really press my endurance like that
  651. 1:14:20so I mean there you go that is a scalping session  and as you notice I mean the whole Tempo and the
  652. 1:14:26beat of it near those last few trades starts to  shift we're not getting these wacky movements it's
  653. 1:14:31starting to get all tight and [ __ ] and now I'm  playing it a little differently at that point so
  654. 1:14:36um that's what a scalping session looks like  the updated version um again guys please like
  655. 1:14:43subscribe feel free to donate to the coffee if  you like these videos because I know there's damn
  656. 1:14:49near nobody else giving you this type of [ __ ] on  the hard right Edge from their recorded sessions
  657. 1:14:59from the actual session as it opened and  telling you what they're thinking and why
  658. 1:15:04okay that's that's where this channel is  completely [ __ ] unique that's why this
  659. 1:15:09channel is so good in my opinion so if you guys  really appreciate that give me some [ __ ] love
  660. 1:15:14it doesn't have to be money like the uh  so until then uh I highly suggest to check
  661. 1:15:23out the rest of the channel and we will see  you in the next video have a good one guys

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