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Shorts at open on evals - PnL: +$4,061 | 🔴 Live NQ Futures Trading | Order Flow & Prop Firms — Transcript

by Christopher Creamer | Orderflow Trader · 5,679 words · 962 segments · language en · Watch on YouTube

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0:49What up, Romanian final boss? It's all
0:51right, bro. I lost uh I didn't trade
0:54yesterday because I took a pretty
0:57well I tilted in the uh in the Asia
1:00session
1:03um yesterday.
1:06I'll talk about that in a second. But it
1:09was it was bad.
1:12It was really bad.
1:28Happy birthday.
1:43But yeah, so yesterday I didn't really
1:45trade
1:47um
1:49I destroyed two funded accounts
1:53trading silver yesterday when it was low
1:56volume.
1:58>> Dude, it was bad. I I it's actually
2:00really bad because
2:04>> I was actually up
2:08>> for the time being I was up like 6,000
2:11on one funded account and 4,800 on
2:14another account. Um
2:17and for the day alone it was like 2,200
2:20on both of the accounts
2:23and then I just like try to make more
2:25money. just got greedy, got
2:27overconfident, and then just
2:31lost it all. And then once I went from
2:33being like $2,200 in profit for the day
2:37on both of those funded accounts, and
2:40they're both on like their third or
2:41fourth day, so I was about to take
2:42another payout. Um,
2:45I just blew them.
2:48I was devastated, dude. I blew like
2:50$10,000 in funded account balance in
2:53like [ __ ] two hours.
2:56I felt devastated.
2:59But
3:01so anyways, that's why I had to not
3:03trade yesterday. Luckily, yesterday
3:04looks like it was pretty [ __ ] So,
3:08not a bad day to miss.
3:13But the good news is that we did pull a
3:14payout from uh this account and I got it
3:19yesterday. So,
3:22we are now today
3:25gonna actually work on um some evals. I
3:30got to get more funded accounts back
3:33after I destroyed the other ones.
3:40But yeah, that was pretty bad. That was
3:42pretty bad.
3:46Disappointed in myself
3:49because I haven't tilted that hard in in
3:52a while.
4:04So today
4:08what I'm looking at is um
4:12today's today is not not as clear of a
4:14day for me. Um what I am looking for
4:18though I did kind of post it in the
4:21discord channel of the outlooks earlier.
4:24Um, but if we do start coming down off
4:26the open, I will be looking for us to
4:28take
4:30um,
4:32what is this? Basically yesterday's low.
4:36And then once we do get down into this
4:39area, like maybe around 25,900,
4:42I'm going to see if we potentially
4:43bounce to go higher. Overall, I do want
4:46to see us eventually continue to make
4:49our way higher and stay out of this
4:51range that we were just stuck in for two
4:54months.
4:55Um, the only thing is
4:59and then and then obviously the other
5:00scenario is we can basically
5:04drop down even drop down and take uh
5:07Asia lows and then start coming back up
5:09to then target previous daily highs.
5:14Um, so I am overall still wanting to see
5:19us go higher, but I do understand that
5:21there's a pretty big potential or
5:25possibility at least um that we can end
5:28up retracing
5:31some of this larger move that we had up.
5:35Um, we really didn't dig that deep into
5:37it. This is kind of deep into it, but
5:39not really. like it would make more
5:41sense if we actually came a little bit
5:43lower and then
5:46made our way up. So, what I'm going to
5:48do is um
5:52I'm going to watch what happens off the
5:54opening print um
5:58and see if there's going to be sustained
6:00pressure to one side. And then if there
6:02is, then if we're coming down, first
6:05target's obviously going to be London
6:06lows and then previous daily lows. And
6:09then I will wait to see what happens
6:10around 25,900.
6:13If we start pumping up off the open,
6:15then first target's going to be Asia. Uh
6:18or my bad, this is Lond. This is Asia.
6:21This is Asia.
6:24If we start pumping off off the open,
6:26I'm going to be looking for us to take
6:27London highs and then previous daily
6:29highs.
6:31So, we're kind of we in my opinion, we
6:33can kind of go either way. It's been
6:34kind of a weird
6:37uh
6:39weird week.
6:45Yeah, full porting on silver. We'll do
6:47that to you, dude. I lost two funded
6:50accounts on um
6:55what was it? Tuesday night.
7:01It was terrible.
7:04Silver was treating me well until
7:07it wasn't.
7:09My 13-day win streak with silver came to
7:12an end.
7:15But it's all right. It's my fault. That
7:17was my fault. I was up. I was up. I
7:19literally could have just locked out. I
7:21just got greedy. Wanted more.
7:42Hold on.
7:50So today what I'm going to do though is
7:53I'm actually going to just copy trade
7:55with trade syninker.
7:57Um
7:59I'm going to copy trade some evals. So,
8:02I have a Eval with Top Stuff, a Eval,
8:05and two Evals with Funded Futures
8:07Network.
8:10So, we're just going to try and
8:13make a little progress.
8:15So far this month, I have I have had a
8:18pretty decent month this month. So,
8:20pretty good month, actually. So,
8:23I'm probably not really going to trade
8:25this funded account other than getting
8:27the $200 days for it um the rest of the
8:31week in the rest of the month
8:33technically, which is just today and
8:35tomorrow. And in the meantime,
8:39I was in a pretty good position like
8:42three days ago until I [ __ ] it up. So,
8:44just got to build that position back.
8:54What up, Choosy?
9:04[snorts]
9:10And the only other thing that I am uh
9:13watching for on this screen is um I do
9:16have like a higher time frame zone
9:20that is sitting right here. It's on the
9:22one hour.
9:24I want to see us break past it, but we
9:26have kind of rejected off of it a little
9:28bit. This one.
9:32So,
9:36I would like to see us eventually, you
9:39know, come up here, break past it, and
9:41then start heading towards alltime
9:43highs.
9:45But again, there is a possibility we
9:47actually retrace deeper before we do
9:50that.
9:52So, we just got to wait and see.
10:47Oh, [ __ ]
10:51But yeah, so we'll see what happens. We
10:53got 10 minutes till market opens.
11:00We'll just chill for now.
11:25And we are also um
11:29on this on this this account right here.
11:34We are
11:37two days in on our sixth payout cycle on
11:41this account.
11:44I'm just going to try and milk it.
11:47Get as much money out of it as possible.
11:50I'm not even really going to trade it
11:52anymore.
11:56Just going to scalp 200 bucks every day
11:58as often as I can. Pull out all the
12:01money from it and then keep it pushing.
12:06until it's down to its last like 5,000
12:08or whatever. Then we'll start trading it
12:10again.
12:28You happy?
12:53Although since I didn't trade yesterday,
12:55I was watching it.
12:58It was definitely a good day to to
13:00decide not to trade.
13:07>> It's nasty. Even the Even the New York
13:10Open was disgusting.
13:13What is this?
13:16How big are these candles?
13:19Five minute candles like 30 points just
13:22snapping back and forth.
13:26Honestly, if I traded yesterday during
13:27New York open, I probably would have got
13:29I probably would have got dusted.
13:34Probably would have lost.
13:50Oh, Z, you're trading gold right now.
14:06Oh, that sucks, dude.
14:30Yeah.
14:34Well, it's all good. But I mean,
14:37honestly, if uh
14:40might be a good idea to take a breather
14:43for a second.
14:55[laughter]
15:08Yeah, take a break for the rest of the
15:09week
15:14because you know what? The market will
15:16be here next week
15:19hopefully.
15:24I gotta focus on just like
15:27I got [clears throat] to focus on just
15:30milking this account and getting some
15:32more evos past after I [ __ ] up the
15:35last two.
15:46So, we're going to copy trade three EV
15:49valves today.
15:52I'm actually going to lock out of this
15:54account for the rest of the day. So, I
15:55don't even
15:58have the opportunity of [ __ ] up this
16:00one.
16:19And since I am copy I'm going to copy
16:21trade like three evals right now. I'm
16:23not going to um
16:27I can't full port them like I usually do
16:29cuz uh
16:32because of the rules with the other firm
16:34that I'm copy trading the top step
16:36account with.
16:39So we'll just try and make um 1,200
16:41today.
16:44But the good news is that I'm already up
16:461300. So or 300 on this. So, it'll uh if
16:50we do end up making 1,200, it would work
16:52out perfectly then.
17:00So, we won't full port,
17:04but we'll be slightly more aggressive
17:06than normal.
17:10As long as the as long as the
17:13opportunities present themselves, that
17:14is. Otherwise, we're not going to just
17:17be aggressive for no reason.
17:22Or we might. We're gonna try not to.
17:29Silver, man. Silver and gold. What a
17:32time.
17:34It's like a meme coin.
17:38Cold looks even crazier.
17:45When this snaps back though, eventually
17:47I mean I don't know where it's going
17:48going to happen and it's not a good idea
17:51to try and time it, but when this thing
17:53snaps back,
17:56oh my goodness, it's going to happen
17:57fast. Whoops.
18:07All right, we got market open in two and
18:09a half minutes. Looks like we are coming
18:11down a little lower.
18:14So if we continue lower,
18:18these are our two targets here, first
18:20two targets.
18:22And then around that 900 around maybe
18:26here or the 900 area, I'm going to be
18:29watching footprint to see if buyers are
18:32going to try and hold that level or
18:34we're just going to basically slice
18:36through it and dig deeper.
19:30But since we're not really going to be
19:32trading a um
19:35funded account the rest of the month,
19:38the current stats
19:40for the month of January with Topstep at
19:43least is I've spent $1,079
19:48on Topstep and after splits I've pulled
19:51out $12,369.
19:54So profits before tax
19:58about $11,000 with Topep this month.
20:03We would have set oursel up for actually
20:05a really good month next month, but [ __ ]
20:08happens.
20:12If I can milk if I can milk this
20:14account, we'll probably still have a
20:15pretty decent month next month.
20:17As long as I can get more fundeds and
20:21keep the process going.
20:36So, we got market open right now. Let's
20:37see what it wants to do. Looks like it's
20:39going to drop, but we're going to wait.
20:46>> We're going to see if this thing is
20:48going to basically create a wick and
20:50then slam down or we're just going to
20:52start pumping here.
21:52If we do come up into this area like we
21:54are, Right now, I'm going to be seeing
21:56if buyers are basically going to start
21:58just rushing through this area if we're
22:01going to start turning around a little
22:03bit.
22:07But it might be a good idea just to wait
22:08for this fivem minute c, excuse me, this
22:11fiveminute candle to close.
22:14Unless we just flip really hard right
22:16now, then I'm going to go short.
22:24All right, I'm going to go short with 10
22:27micros and we're just going to target
22:31about 1,200. I want to see us continue
22:35um
22:39and flush basically from here.
22:46If we start, I'm actually going to risk
22:49about 500 because if we snap back right
22:52now, I want to give it a little bit of
22:54room to breathe. But
22:58if sellers are going to come through,
22:59they should be coming through now
23:01basically
23:03and sustaining the pressure. Otherwise,
23:05we might just like whiplash around.
23:44I'm actually going to move my stop to
23:46break even now
23:51because I'd be expecting this to
23:52continue at this point.
24:05But if it comes back and hits us at
24:07break even, it's fine. We'll just wait
24:12for another opportunity.
24:40But if this trade does end up going to
24:42our full TP,
24:44um, actually I have to bring it up a
24:46little bit.
24:48If this trade does end up going to our
24:50full TP, then
24:54that's kind of like three accounts are
24:56done.
24:58Um,
25:01we might just be done on the day, but I
25:03want to see us take uh Asia lows first.
25:07If we do take Asia lows, I'm going to be
25:11uh trailing the stop a little bit,
25:14but the new fiveminute candle is about
25:16to open. So, we got to be careful that
25:19I'll probably put it right above this
25:21high volume node
25:23at like 115
25:32like right here. We just took Asia
25:37or yeah, we just took Asia lows. So, I
25:39don't want to basically have a snapback
25:42aggressively.
25:45And if this fivem minute candle gets
25:47past these lows and takes these orders,
25:49then we're trailing stop right above um
25:51the fivem minute.
25:58All right. So,
26:00pretty clean trade off the open.
26:04The reason we took that is because
26:07we were having selling pressure
26:09pre-market.
26:10Um,
26:12we had Asia low sitting here. When price
26:15opened up and attempted to push past
26:18higher, uh, basically failed and we
26:21flipped. And once we flipped, the buyers
26:24were basically on the wrong side
26:26um, of the opening print and so we just
26:30followed the momentum lower and shorted
26:31it. This is probably I had to get out of
26:33this trade because of consistency rules
26:37with eval, but there's a pretty high
26:39chance this is actually going to
26:40continue to um probably take these lows
26:44because this selling pressure is pretty
26:46consistent right now.
26:54I need to check my trade synch.
26:57All right, we're good.
26:59>> Oh [ __ ] Here's
27:07the side right here.
27:18So yeah, if you're still in this trade,
27:20if you took this trade, uh I would
27:22recommend probably still holding it
27:24until
27:26at least we take
27:29uh this is uh ATAS. It does have a heat
27:32map on it, like bookmar
27:40orders come in, it'll show the bubbles
27:44and the heat levels,
27:46but I keep it kind of small.
27:48because I'm mainly looking at footprint.
28:00That was a pretty clean move off the
28:02open. There wasn't a lot of chop.
28:04Stalled for a second
28:06and then it uh just basically ran.
28:15Oh, me. It's called a ATS. It's a
28:18orderflow platform. So they have um
28:24heat map. They have footprint.
28:31It's pretty good. Uh yeah, it's pretty
28:33good platform
28:36once we do take these lows here.
28:41um this if I did if I was holding this
28:45trade in my um funded account,
28:51I would be basically just getting out at
28:53this low to be honest. I mean it may go
28:56lower but
28:58get out most of the contracts at least
28:59at this low because from where we got in
29:01that's already that would have been like
29:03130 points.
29:08Microsoft is plummeting right now.
29:11Okay,
29:14that's good to know.
29:23Yeah, I had to take a break yesterday,
29:25dude. I got I got [ __ ] rinsed by
29:28silver.
29:29So,
29:33but the good news is is that we just hit
29:35profit target basically on three of our
29:38evals we're working on.
29:42We'll make our comeback.
29:44We'll make the comeback.
29:49And we're going to milk. We're going to
29:50milk this account. It's $20,000 account.
30:14So, we'll see. We'll see what happens.
30:16Um, I think let me see for a second.
30:26Now, US factory orders month over month
30:29at 10:00 a.m. Eastern. It's probably not
30:31really going to do much.
30:35What about tomorrow? Tomorrow we have
30:37PPI.
30:48But to be honest, I don't really have
30:50any other accounts to trade. So, I'm
30:51just going to [ __ ]
30:53We were done like the first five minutes
30:56of open. So, we'll just kind of sit
30:58here, hang out. I'll talk about what I'm
31:01looking at.
31:07All right. Later, Omi. Yeah, those types
31:10of openings are great because
31:14I mean, if you went short or I went
31:16short and you were able to hold it and
31:18you didn't have consistency, I mean,
31:20when it takes these lows, if you were to
31:22get out, it's 133 points basically.
31:24You're done on the day. Like, what's the
31:26point of sitting here all day? You could
31:29just go enjoy your day.
31:39Now, if you didn't get into this short,
31:44um, just wait.
31:48I mean, you can try and I mean, yeah,
31:51you should just wait. You missed it. If
31:52you didn't get into the short, you
31:54should just wait
31:56unless
31:57unless
32:00we see something. But right now,
32:05the moment we take this low, like right
32:07now, when we're we're going to basically
32:09snap through this pretty quickly, you're
32:11going to see a large sell order just
32:13snap through this
32:15when we actually take it. Once that
32:18happens,
32:20in my head, that's basically
32:24mission complete. Mission complete off
32:26the open. How would you trade the orb
32:29here? Well, I'm not really an orb
32:32trader, but depends what type of orb
32:34you're trading. If you're trading 5
32:36minute, 15 minute,
32:4030 minute, I mean, first of all, you got
32:42to wait for the candle to close.
32:51Although the only thing though is if you
32:53do trade the orb
32:57and you're going to try and go for a
32:58break and retest to the downside
33:04you could, but
33:08just keep in mind like
33:14there is a there is a chance though that
33:16now that we took these lows and we come
33:18somewhere into here, you could be
33:20basically
33:21Let's say the I don't know the 15minute
33:24orb like let's go look at a 15. It's not
33:26even done yet, right? So let's say it
33:28ends up closing like this
33:31and you try and basically like take a
33:34break and retest on the orb lower. Um
33:39there is a pretty good chance that we
33:41basically snap back up.
33:43It's a potential because
33:46for for us to come back up, I would
33:49actually be kind of surprised if we just
33:50did an entire sell off like all day.
34:00But you know what? I'm not an orb
34:01trader, so there may be some some orb
34:04sauce that I don't know about, like a
34:07midline touch or some [ __ ] Like if you
34:10were to, let's just say you marked this
34:13out from here to here
34:18and then you waited for a retest of the
34:20middle of the orb and then try to take
34:22it lower to make another low. I mean, I
34:24don't know. I don't really trade the
34:25orb.
34:28And when I do trade the orb, I would
34:31preferably be trying to uh Damn, look at
34:33all those sellers. I'd preferably be
34:35trying to go with the higher time frame.
34:37We are technically still bullish. We're
34:40just retracing into this bullish move
34:41we've had this week.
34:46And what I would like us to do
34:48preferably
34:50is for us to retrace somewhere in this
34:52area
34:54and then basically start bouncing out of
34:57here.
34:58What I don't want us to do is for us to
35:01come back into this range and then
35:04continue to stay in here for like
35:06another month. That's not preferred,
35:08although it's obviously
35:11a possibility.
35:18What a clean move off the open. There's
35:20been
35:24no chop, nothing.
35:30Just a straight drop. Fake out move to
35:32the upside. Straight drop.
35:37Yeah, right now the ATR for a fiveminute
35:39candle is about 34 points which is
35:41pretty large.
35:52So, this is pretty important for me if I
35:55were to still be watching something. I'm
35:57watching these
35:59uh large sellers that came in here
36:01because these actually came in after we
36:03took the lows.
36:05So,
36:11if we're going to go higher, we would
36:12need to get past this area.
36:15If we're going to like basically wick
36:17lower and snap back up, I want to see us
36:21um
36:24get above this.
36:55Z. Z, you took that short. I thought you
36:58said you were going to take a break for
36:59the week.
37:03Just couldn't resist, huh?
37:07Couldn't resist the shorts, huh?
37:10No, that was a clean move. It was a It
37:11was a a pretty easy one.
37:16Yeah, you took a seven minute break. You
37:19You took a seven minute break before you
37:20started trading again. I like it.
37:32So, [clears throat]
37:34if we continue to drop, I'm watching
37:35this area. See if we're going to bounce
37:37here or not.
37:40No, you're right.
38:04In the meantime,
38:09let me go see what gold's doing. Oh,
38:14silver.
38:16Oh, how big is this move?
38:22This is the open.
38:27400 ticks.
38:39It's a monster move.
38:45Silver's crazy.
39:20All right. So, for NQ right now,
39:24we're going to see if we can start
39:25getting past this now.
39:50So this will be important to see how
39:51this um
39:56how this five minutes going to close
39:57here.
40:02But it looks pretty good so far. We wick
40:04past this area. Um PC's below the body
40:08open. If we can close past the sellers,
40:12we'll probably start heading back up
40:13here a little bit.
40:16Unless in 20 seconds we have the PC up
40:20here and this snaps back down.
40:55still pretty even though it didn't
40:56necessarily close past
40:58still a decent um
41:02I just wouldn't want to see this if we
41:04are going to go higher then I wouldn't
41:05want to see this
41:08I wouldn't want to see this candle get
41:10past um this PC basically
41:17and basically just make its wick to the
41:19downside first in the beginning of the
41:21five minute and then start swinging back
41:23higher.
42:01So, we wouldn't want to see it get past
42:03this basically
42:05if we were trying to take this higher.
42:13Otherwise, we're going to go take this
42:14low and continue going down until we
42:17maybe get into this area.
42:23You are
42:44you are
43:22All right, sellers are continuing
43:24pressure to the downside.
43:28I would be expecting us to start making
43:30our way over here.
43:35So, it looks like they held this area.
43:37It was looking pretty good for a second.
43:41Um, but there was just no follow through
43:43by the buyers. They tried to step in for
43:45a little bit, but
43:48we'll continue down.
43:58We just took it slow.
44:09So, I'm watching uh I sent in the um in
44:13the daily outlooks in the
44:16in the Discord that
44:18if we do come lower off the open and we
44:21take these two lows, I'm watching around
44:23that 900 area. So, basically like 850 to
44:27900. If we are going to bounce um and
44:30come back up a little bit, I would
44:32expect it to potentially happen here.
44:34But we're not just going to blindly
44:37think that some random spot in the chart
44:39is going to hold and then we're going to
44:41bounce. I got to basically
44:44uh wait to see how price reacts as it
44:46makes its way towards 900, which is
44:48right here.
44:50if we're going to just start snapping
44:51back or if buyers just don't exist today
44:55and we just end up melting
44:58because that could always
45:02>> that could always be uh
45:05>> the possibility, right?
45:44So this is still this is still a valid
45:47area that I'm watching because we never
45:49broke past it.
45:53So, if we are trying if we are going to
45:57I don't know go up from here or drop
45:59lower and go up from here, it doesn't
46:00matter. I'm still
46:03watching this area.
46:08>> But this hourly candle is about to
46:10close. Um,
46:13pretty bearish.
46:15So,
46:20If it's going to close this bearish,
46:22then before we actually go up,
46:26we'll probably make another low for the
46:28next hourly candle to create a wick if
46:30we are going to come up at all.
46:33But we have um
46:36some type of red folder factory order
46:38news. I don't really on Financial Juice
46:42it has it as like a a red lightning
46:45bolt, but
46:48I don't really think it's going to do
46:50anything.
46:55Maybe just like a slight little
46:58jolt or something, but
47:01like a slight little move, but
47:05it's no NFP. It's no CPI.
47:26But by the way, if you did catch these
47:28shorts
47:30and you're already up on the day, my
47:32recommendation to you is to just stop.
47:59So, we'll see what happens at the uh 4
48:01hour open.
48:25the new strat.
48:31I wouldn't say it's a new strat.
48:36Just trading normally. I'm done though,
48:39Tusi. I'm done for today. I'm just
48:42watching it now.
49:10How'd you do today, Tusi?
49:13You catch those shorts? You trade YM,
49:16right?
49:18Or are you trading AQ?
49:36Nice.
49:38What up, K2? K2 A658.
49:43All right, let's see what happens here
49:44in a minute.
49:48We're now in the area where I if I was
49:50looking for us to potentially bounce,
49:52I'd be looking for it around here. But I
49:54would have to see basically what
49:57happens. Um
49:59US30 is the US30
50:03on CFDs. Is that
50:06Russell
50:08or is that the Dow?
50:14I don't know.
50:17I only know the futures contracts, the
50:18CFD contracts. [clears throat] Okay,
50:20that's the Dow.
50:24That's what's up.
50:26Hell yeah. Yeah, I caught the shorts,
50:29too, off the open, but I had to
50:32I had to get out because um
50:37I'm trading I'm trading some evals right
50:39now. So, they have a consistency rule.
50:55So, the new hourly candle opened up.
50:58We'll see if it um basically I mean it
51:00may take these lows first.
51:04this little uh swing right here
51:10and then we'll see if it's gonna
51:12actually pop back up or not.
51:21If it's going to pop back up, it would
51:22do it right now. Otherwise, we're just
51:23going to [ __ ] melt
51:27lower. Dude, silver is dumping. Holy
51:30crap.
51:42Jeez.
51:59All right. There's no sign of buyers
52:00like at all right now. So, we're gonna
52:03probably go lower. What a drop, dude.
52:07Holy.
52:183
52:1945 points off the open.
52:24Oh, why did I have to trade Evals today?
52:34It's all good,
52:37>> right? This is a the FOMC move delayed.
52:47You know what though? Like I'm kind of
52:49bummed now though cuz
52:53look where we're headed.
52:57Oh [ __ ] we're headed right back in
53:00here.
53:02I really hope we don't fall like [music]
53:05too deep into this area
53:08and then end up just like
53:14But you know what? It's not it's not the
53:15end of the world because this range
53:17though is very large. So there's like
53:19massive moves that are happening within
53:21this range which is fine.
53:24And
53:26I guess if I think about it, I'd rather
53:28have us be in this range and then do
53:31some [ __ ] instead of us just going like
53:34this. And now I have nothing really to
53:36go off of once we break alltime high.
53:40>> So I guess it's not terrible.
54:19man. Imagine if anyone has any runners
54:22and held that
54:24good [ __ ]
54:37How do I find zones for reversals?
54:40I just guess.
54:42I just look at a chart and I just just
54:45draw some boxes,
54:48circle some stuff. No, I'm just joking.
54:52Um
54:54I mean it depends. Like
54:57[clears throat] the reason why um
55:01I was watching this area by the way is
55:04just because
55:06I mean obvious but whenever you have
55:09like a zone okay if you ever have like a
55:11zone and you're
55:15you like whenever I draw especially for
55:18reversals if I'm ever drawing an area
55:20where I think a reversal may happen I'm
55:22not just going to like blindly take uh
55:26position there. Otherwise, if you did
55:28that, if I did that today, I would have
55:31gotten absolutely wrecked, right? But
55:34well, I'll mark out areas where I think
55:36a bounce may be likely if we are going
55:39to bounce
55:41and then I wait to see whether or not
55:42we're actually going to respect that
55:45area or if we're just going to [ __ ]
55:46slice through like we just did right
55:48now. But for this zone specifically,
55:52what I was basically watching for was um
55:55when we opened up up here, right? I
55:57wanted us to take these two lows first.
56:01We still are technically bullish, right?
56:04So
56:06overall, I would rather I would think
56:09it's more probable that we dip lower,
56:11take lows, and then start making our way
56:13back up rather than just falling off of
56:16a cliff.
56:18we make this whole move up all week and
56:20then we just drop all the way back down.
56:23I mean, it can happen, but
56:27I would like to see us basically,
56:31you know what I mean? So, if if I'm
56:33trying to find somewhere where we're
56:35going to create a new swing point, like
56:38a swing low,
56:40I'm looking mainly at lows. So, I was
56:44watching these two lows and then I guess
56:45this is a little low you can watch right
56:47here. But
56:51I'm basically I was watching this area
56:54because
56:55on a um
56:59also on a higher uh time frame basically
57:02like
57:05if we were to mark out
57:08the swing point let's say from here
57:10let's say we're marking out uh premium
57:12and discount. So from here to here
57:15we mark out a range
57:18below this area was basically 50% of the
57:20move heading into uh discount. So
57:26it's after we take lows heading into
57:28discount. If we are going to bounce I
57:30would like to see us bounce around
57:31there.
57:33But if we don't bounce then we just wait
57:37because we could come deeper into
57:39discount and come back into this range.
57:42But that's I mean there's different ways
57:44that I find areas for reversals. So like
57:47for example,
57:49let me delete all this stuff because it
57:51starts starting to look messy. Let's say
57:54I'm looking at higher time frames,
57:56right?
57:57And we're looking at these areas like
57:59this box right here or this box right
58:02here where I marked these out like I
58:06marked both of these out probably when
58:08price was doing something right here and
58:11we came in here and reversed and we came
58:12in here and reversed. It's basically the
58:15same logic in the sense of when you take
58:18a swing point I'm looking for premium
58:21and discount. So if I think that we're
58:23going to be bullish, I would wait for
58:25price to basically come into the
58:29discount area.
58:32Or if we are
58:35going to basically take these highs and
58:37do a sweep and come down, then you would
58:39use the same logic. So if we go from
58:42this swing point to this swing point,
58:46then what do we have up here? This is
58:48deep premium. So,
58:51and then the way that I get the smaller
58:52zones is I use something I use something
58:54called the I use this thing
58:58I use this these the these boxes were
59:02drawn with this basically and then those
59:06that's I'm basically just using premium
59:09and discount and then I'm watching for
59:11swing highs and swing lows to get taken
59:13first while we fall into premium or
59:15discount and then I'm watching how price
59:17is going to actually react.
59:20on footprint in those areas to then make
59:23a decision. I hope that makes sense.
59:39Jeez,
59:45look at this.
59:58almost a thousand tick drop off the open
1:00:01for silver. Oh, look at gold.
1:00:06>> Jeez.
1:00:11Wow.
1:00:12>> Almost 1,400 takes off the open.
1:00:22That's crazy.
1:01:02Well, one thing is for sure, that was
1:01:05definitely the move of the morning.
1:01:13And
1:01:18at least we caught some of it. [ __ ]
1:01:21caught on eval though.
1:01:23Oh my god.
1:01:29Better than catching it on nothing, I
1:01:30guess.
1:02:40Are we finally going to start turning
1:02:41around?
1:02:58Definitely not.
1:03:10Nice
1:03:11profitario scope.
1:03:24Jeez.
1:03:51Well, how many micros did you go in
1:03:57to make 1500? Five. It's pretty good.
1:04:02What is that? 100 points.
1:04:04Five 250.
1:04:07One. Two.
1:04:09600 ticks.
1:04:14That's if that's what happened. That's a
1:04:15monster move.
1:04:26That's what's up.
1:04:39We are just selling off.
1:04:45Look at the delta, dude.
1:04:54Just a wall of red.
1:05:05There's been one candle that had
1:05:07positive delta since we opened up.
1:05:15So
1:05:17basically like what 45 minutes of just
1:05:20straight selling pressure
1:05:54just candles about
1:06:00probably catch easy 20 points right
1:06:01here.
1:06:04This respects this area.
1:06:10Yeah, that sucks. Hopefully they fix
1:06:13that for you though.
1:06:18Let me know how that goes.
1:06:28Yeah, [clears throat] if you're not the
1:06:29only one, it should get fixed.
1:06:51Well,
1:06:57what a move, huh?
1:07:03Oh, that's crazy. Yeah. Hopefully they
1:07:06fix it pretty soon.
1:07:12So, here's what I'm thinking.
1:07:20This
1:07:22is a massive move.
1:07:26400 points.
1:07:30You know what might happen after a 400
1:07:32point move?
1:07:34Well, we'll probably find some place to
1:07:37chill and we'll do a little bit of this
1:07:39maybe. Or we'll come up here, come down,
1:07:42and then do a little bit of this. So,
1:07:46if you caught any of this move down,
1:07:54>> you should just stop trading.
1:08:00I'm going to stop trading right now. I
1:08:02already stop I stopped trading 10
1:08:03minutes in the open.
1:08:05>> So,
1:08:09unless unless uh well, I'm just if
1:08:13you're newer to trading, I guess I would
1:08:15say you should probably just stop. If
1:08:17you know what you're doing, do whatever
1:08:18the [ __ ] you want to do. But for me, I'm
1:08:23going to stop trading and I will be back
1:08:28tomorrow
1:08:30and we're going to try and pass our
1:08:32evals so we can get back to having some
1:08:35funded accounts.
1:08:38So, if you are going to keep trading,
1:08:40good luck. But for me, I'm going to
1:08:46chill.
1:08:47We caught a great move off the open. We
1:08:50copy trade three evals. We had to get
1:08:52out because of consistency rule.
1:08:56So,
1:08:59we're up $4,000 technically, but it's
1:09:02eval money. I locked in a day on this uh
1:09:07express account, so we got
1:09:09[clears throat] three more days of 200
1:09:10bucks and then I'll take another five
1:09:12grand from it.
1:09:17Yeah, definitely could just keep
1:09:19continuing down a weekly low. Where is
1:09:22it? Is that right here? Jeez.
1:09:26Jeez.
1:09:29Is this the weekly low?
1:09:40Dude, if this candle if this candle
1:09:42opened up up here on the weekly and it
1:09:44actually ends up flipping bearish in a
1:09:46single morning session, that would be
1:09:48absolutely insane.
1:09:51That would be insane.
1:09:57All right, anyways, I will catch you
1:09:58guys tomorrow before market open.
1:10:02So, peace.
1:10:31Yo, what up?

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